Nevada car insurance

Full coverage car insurance in Nevada averages $213 a month ($2,560 a year). Premiums for the state minimum liability policy average around $112 per month.

Nevada also has one of the highest rates of underinsured drivers in the country, so it might be wise to include uninsured/underinsured motorist coverage when you go shopping for insurance.

Car insurance in Nevada costs about $213 a month for full coverage, or roughly $2,560 a year. “Full coverage” includes both comprehensive and collision coverage, along with liability insurance protection.

Nevada requires every registered vehicle to carry at least 25/50/20 in liability coverage: 

• $25,000 in bodily injury per person

• $50,000 in bodily injury per accident

• $20,000 in property damage¹

Liability pays for harm you cause to other people. It does not pay for your injuries or your car.

Nevada Medical Payments Insurance 

Medical payments coverage pays out to you, the policyholder, if you’re injured in a crash. It does so regardless of who’s at fault. It’s usually not enough by itself to pay for treatment for a serious injury. But it can help cover your deductibles, copays, and other out-of-pocket costs that your major medical insurance won’t pay. MedPay coverage is optional. But all Nevada insurers must offer you at least $1,000 in medical payments coverage, and they must offer uninsured and underinsured motorist coverage equal to the bodily injury liability limits on your policy.²

Is Nevada a no-fault or at-fault state?

Nevada is an at-fault state, also called a tort state. That means the driver who causes a crash is responsible for the injuries and property damage they cause others.³ It’s their insurance that pays first. If multiple drivers share the blame, then courts assign a percentage of fault to each driver, and the costs are divided accordingly.⁴

However, if the at-fault driver is underinsured, or has no insurance at all, that can be a problem. The at-fault driver may not have the resources to pay for the damage they cause. Collecting damages can take months or years.

And in Nevada, thanks to its high uninsured/underinsured motorist rate, that happens more than in almost any other state.

That’s where uninsured and underinsured motorist (UM/UIM) coverage comes in.

How does UM/UIM coverage work in Nevada?

In Nevada, insurers must offer you UM/UIM coverage equal to the bodily injury liability limits on your policy.³

According to the Insurance Research Council, nearly 40 percent of Nevada drivers were underinsured in 2022.⁵ That means they bought a policy, but their limits were too low to cover the damages they caused. 

UM/UIM coverage helps pay for damages caused by uninsured or underinsured motorists, up to the limits on your policy. 

The cheapest car insurance company in Nevada depends on the driver. USAA, Travelers, and GEICO offer the lowest average premiums in Nevada.

Premiums vary widely, even for identical policies offered to the same driver.

It pays to shop around. Luva allows you to pull up-to-the-minute, personalized quotes from several insurers at once, and see them side by side. So you can see immediately which carrier is offering you the best deal.

Nevada car insurance companies set premiums based on multiple factors, including: 

• Your driving record. Tickets, at-fault accidents, and especially a DUI can cause premiums to increase substantially. 

• Age and experience. Teen and under-25 drivers pay the most. But rates decline with a clean record and age, usually through around age 65.

• Your credit record. Nevada lets insurers use personal credit information in underwriting. Poor credit can mean higher premiums. 

• Your vehicle. The year, make, model, theft rate, and repair cost of your car all factor into your premium. 

• Your coverage choices. Higher limits, lower deductibles, and coverage add-ons and endorsements may increase the premium. 

How does location affect Nevada car insurance rates?

Drivers in Las Vegas and the rest of Clark County, where most Nevadans live, often pay very different prices from drivers in the rural counties.

How do violations affect Nevada car insurance rates?

Violations increase Nevada premiums sharply. The table below shows the effect of some common driving record dings compared to a clean record. 

A Nevada DUI does more than increase your premium: a conviction can revoke your license, and getting it back generally requires an SR-22 filing from your insurer for at least three years.⁶

Here are a few tips to help you find the best carrier when comparing quotes: 

• Run quotes based on identical policies. This gives you a true apples-to-apples comparison. Otherwise you’re comparing a cheaper price against a smaller policy.

• Get quotes from at least three insurers. Every carrier has different underwriting methods. The more companies you check, the better chance you’ll find the best deal for your specific circumstances.

• Compare after discounts. Insurers offer discounts for things like bundling home or renters with your car insurance coverage, safe-driver and telematics programs, insuring multiple cars, paying your full term premium up front, and maintaining good grades.

• Don’t lapse. A one-month lapse can add about 25 percent or more to the average full-coverage premium.