Cheap Car Insurance Quotes for Drivers with Bad Credit in Nevada

Wouldn’t it be great if we could just tell you the single company that has the cheapest rates for drivers with bad credit? Unfortunately, it’s not that simple as there are a ton of unknown aspects like whether or not your vehicle has good safety ratings, how high your deductibles should be, how you use your vehicle, and the amount of driving experience you have. We are going to cover the best ways to avoid high prices and will hopefully give you a good beginning to your quest for cheaper car insurance in Nevada.

Finding out which companies quote the lowest-priced auto insurance rates for drivers with bad credit involves a little more work in order to find the best policy.

Every insurance provider uses different criteria for determining prices, so let’s look at the rankings for the auto insurance companies with the overall best prices in Nevada. It’s important that you understand Nevada auto insurance rates are impacted by many things that control the policy premium. Turning one year older, increasing deductibles, or getting a DUI can trigger price changes resulting in some rates now being much cheaper than others.

Lowest Insurance Price Quotes with Bad Credit

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Travelers may have some of the lowest car insurance rates in Nevada at around $912 annually. Allied, Capital, Oregon Mutual, and American Family also rank well as some of the cheaper Nevada auto insurance companies.

As illustrated above, if you are insured with American Family and switched to Allied, you might realize an annual premium reduction of approxmiately $245. Insureds with Progressive might save as much as $289 a year, and GEICO insureds might lower prices by up to $307 a year.

If you would like to find cheap car insurance for drivers with bad credit in Nevada, click here to get a free quote or click through to the companies below.

Remember that these premium estimates are averages across all types of insureds and vehicles and do not take into consideration a rate increase for drivers with bad credit. So the car insurance company that is best suited for you may not even be in the list of companies shown earlier. That points out the importance of why you need to get auto insurance quotes using your own personalized driver profile and vehicle information.

The vehicle needing coverage is one of the primary factors when quoting cheap car insurance for drivers with bad credit in Nevada. Vehicles with limited top-end speed, modern passenger safety features, or a low likelihood of liability claims will cost substantially less to insure than higher performance models.

The lists below estimates insurance rates for a number of the more afforable automobiles to insure in Nevada.

Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Rate quotes do not factor in specific location information which can modify auto insurance rates noticeably.

Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nevada minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Price information does not factor in specific Nevada garaging location which can affect premiums considerably.

Prices based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Rate quotes do not factor in vehicle location which can alter insurance rates greatly.

Nevada auto insurance companies

Insuring your vehicle with the right auto insurance provider can be a challenge considering how many different companies insure vehicles in Nevada. The company information displayed below could help you analyze which car insurance providers to look at when trying find the best insurance for drivers with bad credit.

The ratings below include major nationwide insurance companies, so companies that may only write in Nevada are not included in this list. To check prices from these and other top-rated companies, just click here.

Impact of careless driving on auto insurance rates

The common sense way to score good auto insurance premiums in Nevada for people with poor credit is to be a careful driver and have a clean driving record. The information below illustrates how traffic citations and at-fault claims raise annual premium costs for different categories of driver ages. The data is based on a married female driver, comp and collision included, $500 deductibles, and no discounts are taken into consideration.

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The data in the chart shows the average cost of an auto insurance policy per year with a clean driving record and no accidents is $1,515. Receive two speeding tickets and the average cost swells to $2,149, an increase of $634 each year. Then add two accidents along with the two speeding tickets and the 12-month cost of auto insurance for drivers with bad credit goes up to an average of $4,610. That’s an increase of $3,095, or $258 per month, just for not being a responsible driver!

Allstate, Geico, Progressive, or State Farm: Who is best?

If you want reliable auto insurance for people with poor credit in Nevada, the most popular companies are Allstate, Geico, Progressive, and State Farm. If you combine them together, they insure nearly half of all policies written. The next table compares ratings for price and service, as well as some optional coverages offered by each company.

Who has the cheapest insurance quotes for people with poor credit?

You have many ways to compare cheaper auto insurance rates in Nevada, but the most popular methods are using an exclusive insurance agency such as Allstate or State Farm, a non-exclusive or independent agent, or from a direct company like Geico. Each way has the same basic process, but they differ in how they price policies.

Independent agencies are appointed by several companies and can get rate quotes from all of them. They will give you a larger rate selection, which can help you get the best idea of how your rates compare. If prices rise, your policy can be easily switched to a new company and you do not have to find a new agent.

Exclusive agencies are only able to write with a single company, for example a State Farm or Farmers agent. These agents are unable to provide multiple price quotes, so if prices are high they cannot provide alternatives.

Consumers who buy auto insurance direct forego local agents and instead buy direct from companies such as Progressive or Geico. Buying direct may be good for people who have an average risk profile and understand how their policy works.

So out of those three methods, which one works best to buy cheap car insurance for drivers with bad credit in Nevada? One answer would be buying from a direct company saves the most money since that prevents the need to pay agent commissions, but unfortunately, it’s not that cut and dried. We’d also like to say an independent agent is the best way to save since they have access to many companies, but that is not necessarily true either. For some people, the exclusive agents have extremely competitive rates that independents and direct companies can’t touch.

Because there is so much variation in auto insurance prices, the best way to get the lowest rate is to get as many comparison quotes as possible. It’s recommended that drivers get prices from all three to give yourself plenty of rates to compare. For a list of companies offering online discounts, click here to view.