Cheapest Car Insurance Quotes for Drivers Under 21 in Nevada

You have most likely watched the commercials from car insurance companies like Allstate, State Farm, and The General that promise enormous savings. So drivers just need to pick the one with the catchiest commercial, right?

Unfortunately, it’s not that simple as there are a lot of unknown factors such as where you live, what level of deductibles you wish to have, and if you have a spouse. This article will detail some of these things and also should give you a good beginning to your search for cheaper coverage.

When buying auto insurance for minors, one of the key considerations that determine the amount you pay for auto insurance is the neighborhood you call home. Areas that are more densely populated or have higher claim rates like Winchester, Spring Valley, and Enterprise tend to pay more, whereas more rural areas benefit from having to pay less for coverage.

The table below sorts the higher priced cities in Nevada for drivers under 21 to purchase a policy in.

Premium amounts are approximated as the specific garaging location can increase or decrease coverage prices substantially.

Shopping around for cheap car insurance is not the easiest thing to accomplish, and deciding which insurers offer the most affordable insurance rates for drivers under 21 will require additional perseverance. Prices will most likely be much higher than the average price in Nevada because of the extra risk that goes along with offering coverage for minors, but competitive coverage may be attainable with some perseverence. Each company uses a little different formula for setting rates, so let’s begin by taking a look at the most affordable insurance companies in Nevada.

It’s important that you understand Nevada insurance rates are impacted by many things that can increase the price of your policy. Taking a driver safety course, moving across town, or having an at-fault accident can cause premium changes resulting in some companies being higher when they were quite affordable.

Best Insurance Companies for Minors

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Travelers has some of the cheapest car insurance rates in Nevada at around $939 annually. Allied, Capital, Oregon Mutual, and American Family also make the cut as some of the cheapest Nevada auto insurance companies.

As shown in the rates above, if you are a customer of American Family and switched to Allied, you might see annual savings of about $245. Insureds with GEICO may save as much as $283 a year, and Progressive insureds might lower prices by $289 a year.

It’s important to note that these prices are averaged for all types of insureds and vehicles and and are not calculated with a rate surcharge for drivers under 21. So the auto insurance company that can offer the best rates for your situation may not even be featured in the above list. That’s why you need to compare prices as often as possible using your own individual information.

Everyone has different tastes in autos, and the style of vehicle that is being insured is one of the primary factors that determines whether or not you find low-priced insurance for drivers under 21. Vehicles with higher performance, a lack of safety features, or a high likelihood of having liability claims will cost more to insure than more economical and safe models. The information below presents auto insurance rates for the most economical automobiles to buy coverage for.

Data assumes single female driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in specific garaging location which can raise or lower price quotes considerably.

Above prices assume single female driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in specific location which can impact price quotes significantly.

Data based on single female driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate quotes do not factor in your specific Nevada location which can lower or raise prices noticeably.

Irresponsible driving raises your rates

A great way to enjoy the cheapest auto insurance for drivers under 21 in Nevada is to drive carefully and not receive tickets or have accidents. The diagram below shows how violations and at-fault accidents influence premium costs for different age categories. The prices are based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.

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In the prior example, the average cost of car insurance in Nevada per year with no accidents and a clean driving record is $1,791. Add in two speeding tickets and the average cost hikes up to $2,379, an increase of $587 each year. Now include one accident along with the two speeding tickets and the yearly cost of insurance for drivers under 21 increases to an average of $2,965. That’s an increase of $1,173, or $98 per month, just for not maintaining a clean driving record!

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

When it comes to car insurance for minors, four of the larger companies to compare rates for are Progressive, Allstate, Geico, and State Farm. Between them, they insure almost half of all car insurance policies written. The table below compares ratings and policy coverage options offered by each one.

How to find low-cost auto insurance for drivers under 21

Lowering your rates is not difficult, and here are many penny-pinching suggestions that can help you find lower-cost car insurance.

• Insure your home and auto with the same company
• Drive attentively and avoid accidents
• Save money by staying claim-free
• Do not insure for full coverage
• Save money by observing traffic laws and speed limits
• Vehicles with good safety ratings are usually cheaper to insure
• Compare rates often to find the best deal

That last tip is extraordinarily valuable, as was discussed in this piece. Prices change constantly, so don’t hesitate to buy a policy from a new company if you find a cheaper price. Having a favorite company is great, but it’s not recommended if it’s costing you hundreds of dollars year after year. Take a few minutes and shop around to find cheaper car insurance for drivers under 21.