Who Has Cheap Car Insurance Quotes for Young Drivers in Nevada?

Our editors always tell us that when writing about auto insurance, the words cheap or affordable really shouldn’t be used anywhere to describe car insurance rates. Please forgive the oxymoron, but cheap auto insurance for young drivers can be extremely hard to find. But don’t despair, because we are going to show you how you can find and buy insurance that you can afford.

For youthful drivers, one of the largest considerations that is used by car insurance companies to calculate the cost of insurance is where you call home. Cities with larger populations or higher claim trends like Winchester, Paradise, and Las Vegas tend to have more expensive auto insurance rates, whereas areas with less people or fewer weather incidents can boast about having cheaper rates.

The table below sorts the most expensive cities in Nevada for young drivers to purchase car insurance in.

Prices are approximated as specific Nevada garaging address can alter prices considerably.

The vehicle model you are seeking coverage for is probably the most important factor when quoting cheap car insurance for young drivers in Nevada. Vehicles with average performance, a great safety record, or a track record of few liability claims will cost much less to insure than higher performance models.

The next list illustrates car insurance rates for some of the most economical vehicles to insure in Nevada.

Above prices assume single female driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in specific location which can decrease or increase coverage prices substantially.

Based upon the table data, we can presume that models like the Ford Escape, Honda CR-V, Chevrolet Traverse, and Toyota Prius are most likely going to be some of the more affordable vehicles to insure for youthful drivers. Car insurance rates will be more costly because there is a higher risk for young drivers, but in general those particular models will most likely have the cheapest car insurance rates compared to other vehicles.

Deciphering which company offers the cheapest insurance rates for young drivers takes a tad more effort than just comparing rates from one or two companies.

Each auto insurance company has a unique approach to establish rates, so let’s take a look at the most budget-friendly insurance companies in Nevada. It’s a good idea to know that Nevada insurance rates are impacted by many things which can substantially decrease or increase the cost of a policy. Simply getting older, moving across town, or getting a speeding ticket can trigger rate changes that may make certain companies cheaper than others.

Best Auto Insurance Prices for Teens

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Travelers normally has some of the best car insurance rates in Nevada at around $912 per year. Allied, Capital, Oregon Mutual, and Progressive would also be considered some of the most economical Nevada car insurance companies.

As depicted above, if you are insured with Capital and switched to Travelers, you might realize an annual premium reduction of approxmiately $76. Drivers with Oregon Mutual might save as much as $246 a year, and Progressive insureds might cut rates by $278 a year.

To see if you’re overpaying, click here to start a quote or visit any of the companies below.

Bear in mind that those policy rates are averages across all insureds and vehicles and do not factor in a rate surcharge for young drivers. So the car insurance company that is most affordable for your situation may not even be featured in the above list. That point stresses why you need to compare prices as often as possible using your own driver and vehicle profiles.

Careless driving habits raise Nevada insurance rates

The easiest method to score cheap insurance premiums in Nevada for youthful drivers is to be a careful driver and avoid accidents and violations. The diagram below shows how traffic citations and accident claims can increase annual premium costs for different insured age categories. The premiums assume a single female driver, comp and collision included, $100 deductibles, and no discounts are factored in.

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The data in the chart shows the average cost of auto insurance in Nevada per year with no accidents or violations is $2,243. Get one speeding ticket and the average cost jumps to $2,541, an increase of $298 each year. Now throw in two accidents along with the one speeding ticket and the 12-month cost of insurance for young drivers goes up to an average of $5,073. That’s an increase of $2,831, or $236 per month, just for not being more responsible behind the wheel!

Which major car insurance company is best?

When it comes to buying auto insurance for youthful drivers in Nevada, some of the first companies to look at are Progressive, Geico, Allstate, and State Farm. Between them, they insure 48.5% of all vehicles in the U.S.. All four can cover your vehicle for liability and physical damage, but each one has unique options and discounts that may affect your buying decision. The data below points out some of the different options and features that are available for customers.

Who has the cheapest insurance quotes for youthful drivers?

You have many ways to get cheap insurance quotes in Nevada, but the most preferred ways are using an independent or non-exclusive agent, an exclusive agency like Allstate or Liberty Mutual, or from a direct company like Geico or Progressive.

They all have the same end result, but each is slightly different in how they provide rate quotes.

Independent insurance agencies work for many companies and can get policy pricing from every one. Independent agents are not locked into one company and can provide you with more rates, which can help you get improved odds of finding cheaper coverage. If your premiums go up, your agent can switch companies and you do not have to find a new agent.

An agent who is captive is restricted to quoting rates for one company such as an Auto-Owners or Allstate agent. They usually cannot provide a range of price quotes, so they have no alternatives for high prices.

If you want to buy insurance direct, you bypass an independent or exclusive agent and instead shop from a direct company like Geico or Progressive. This insurance option may be the best choice consumers who have an average risk profile and know more than average about what coverages, limits, and deductibles they need.

What is the best way to find cheap car insurance for young drivers in Nevada? It would be easy to say buying from a direct car insurance company saves the most money since that eliminates agent commissions, but that turns out to not be true. It would also be easy to say going through an independent agent is the best way since there are more companies to choose from, but that idea is not necessarily true either. For some people, exclusive agents have extremely competitive rates that other insurance companies cannot touch.

Since insurance prices vary so much, really the only way to find out which one is cheapest is to get rate quotes and compare. Money-saving experts recommend you get rate quotes from all three to get an idea of which is cheapest. A great place to start is our list of online companies offering discounts: click here to view.

Find cheap car insurance for young drivers in Nevada

Lowering your rates is not difficult, and here are some of the recommended penny-pinching ideas that can help drivers find the cheapest auto insurance.

• The safer your car, the less it costs to insure
• Just one traffic violation will increase your rates
• Accident-free drivers may qualify for discounts
• Home or renters coverage can save on auto insurance
• Too many claims can make car insurance unaffordable
• Check for cheaper rates once a year

The final tip is certainly necessary, as we pointed out in this article. Prices in Nevada can change significantly in a year, so don’t be unwilling to buy a different policy if you can find a cheaper rate. Brand loyalty is great, but it isn’t a good idea if that devotedness results in you overpaying hundreds every year. If you have a few minutes, compare rates and find cheaper insurance for young drivers.