Who Has Cheap Auto Insurance Quotes for Uninsured Drivers in Nevada?

Anytime the topic is car insurance, the words “affordable” or “cheap” shouldn’t be used anywhere in the article to describe car insurance rates. It’s just reality that cheap auto insurance for uninsured drivers is pretty hard to find. Don’t get your dauber down, because we are going to tell you how you can still get insurance that fits into your budget.

The vehicle model you are buying coverage for is a significant factor that determines if you can find cheap auto insurance for uninsured drivers in Nevada. Vehicles with lots of speed or power, poor passenger safety features, or an increased likelihood of liability claims will cost substantially more to insure than more modest models. The data below presents car insurance premiums for the more afforable vehicles to buy insurance for.

Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Price estimates do not factor in specific location which can impact coverage prices noticeably.

Looking at the data, makes and models like the Ford Escape, Toyota Prius, Subaru Forester, Honda CR-V, and Toyota RAV4 should be a few of the cheaper vehicles to insure for drivers with no prior coverage.

For Nevada drivers, one of the considerations that impact insurance cost is where your car is garaged. Cities with larger populations or higher claims like Winchester, Spring Valley, and Enterprise tend to pay slightly more, whereas areas that tend to be more rural benefit from lower coverage costs.

The next table lists the highest-priced areas in Nevada for uninsured drivers to purchase a policy in.

Premium amounts are estimated as the specific garaging location can lower or raise premium rates significantly.

The diagram below illustrates how choosing a deductible can raise or lower premium costs when quoting cheap insurance for uninsured drivers. The data is based on a single female driver, full coverage, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3319,3047,2751,2471],[‘Age 30’, 2279,2085,1863,1651],[‘Age 40’, 2117,1937,1737,1549],[‘Age 50’, 1853,1697,1521,1353],[‘Age 60’, 1793,1641,1473,1313],[‘Age 70’, 2095,1923,1733,1557]]);var options = {title: ‘Deductible Levels and Auto Insurance Rates in Nevada’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

A 40-year-old driver could save $332 a year by increasing from a $100 deductible up to a $500 deductible, or save $500 by choosing a $1,000 deductible. Even younger insureds, such as the 20-year-old chart data, can cut as much as $848 annually by choosing a larger deductible amount.

When insureds make the decision to increase the deductibles on their policy, it will be necessary to have enough in a savings account to be able to cover the extra out-of-pocket expense, which deters some people from using high deductibles.

Difference between liability only and full coverage rates

Finding cheap auto insurance for uninsured drivers in Nevada should be important to most people, and one of the best ways to find cheaper insurance is to buy liability only. The illustration below illustrates the comparison of insurance costs when comparing full coverage to liability only. The data assumes no claims or driving violations, $250 deductibles, single marital status, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 3727,1237],[‘Age 30’, 1917,679],[‘Age 40’, 1897,629],[‘Age 50’, 1729,589],[‘Age 60’, 1673,579],[‘Age 70’, 2049,773]]);var options = {title: ‘Comparison of Full Coverage and Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Nevada’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

As an average for all age groups, full coverage costs $2,165 per year over liability only. Lot’s of drivers question if you should buy full coverage. There is no exact formula to stop paying for comp and collision coverage, but there is a general guideline. If the yearly cost of full coverage is more than about 10% of the settlement you would receive from your company, then you may need to consider dropping full coverage.

For example, let’s assume your vehicle’s settlement value is $5,500 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $4,500 after the policy deductible has been paid. If you are paying in excess of $450 annually for your policy with full coverage, the it may be a good time to stop paying for full coverage.

There are some situations where dropping physical damage coverage is not a good idea. If you haven’t paid off your loan, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.

Cheapest car insurance: Allstate, State Farm, Progressive, or Geico

When comparing rates for auto insurance for drivers with no prior coverage in Nevada, the companies that insure more vehicles than anyone else are Allstate, State Farm, Progressive, and Geico. The data below rates ratings and policy coverage options that are available for policyholders.