Best Cheap Car Insurance for a Company Car in Nevada

Best Cheap Car Insurance for a Company Car in Nevada

Shopping around for low-cost insurance is tough enough, and deciding which companies quote the cheapest car insurance rates for a company car will involve even more shopping around. Every auto insurer uses a slightly different approach for filing rates in each state, so to begin we’ll rank the car insurance companies with the overall cheapest rates in Nevada.

Cheapest Insurance Rates in Nevada

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Who has the cheapest car insurance in Nevada?
Rank Company Cost Per Year
1 Allied $939
2 Travelers $939
3 Capital $978
4 American Family $1,182
5 Oregon Mutual $1,193
6 Progressive $1,226
7 GEICO $1,256
8 Nationwide $1,295
9 USAA $1,336
10 Safeco $1,346
11 Farmers $1,496
12 MetLife $1,631
13 Country $1,668
14 State Farm $1,749
15 Mercury $1,771
16 Victoria $2,011
17 Liberty Mutual $2,249
18 Bristol West $2,313
19 Allstate $2,385
20 Encompass $2,630
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Allied may have some of the cheapest car insurance rates in Nevada at around $939 annually. Travelers, Capital, American Family, and Oregon Mutual would also make the list of some of the best Nevada auto insurance companies.

In this example, if you currently have coverage with American Family and switched to Allied, you could realize an annual premium reduction of roughly $243. Insureds with Oregon Mutual might save as much as $254 a year, and Progressive customers might see rate reductions of $287 a year.

These prices are averages for all drivers and vehicles and and are not calculated with a rate discount for a company car. So the company that can offer you the lowest price may not even be included in the company chart above. That emphasizes why you need to get rate quotes from many companies using your own specific driver information and vehicle.

The vehicle model you are insuring is probably the largest consideration when comparison shopping for the cheapest car insurance for a company car. Vehicles with higher performance characteristics, poor crash test ratings, or a track record of large liability claims will cost more to insure than safer models. The information below ranks insurance rates for some of the cheaper automobiles to insure.

Cheapest Auto Insurance Rates for a Company Car in Nevada
Insured Vehicle Estimated Cost for Full Coverage
Honda Accord LX-P 4-Dr Sedan $704
Kia Forte EX 4-Dr Sedan $717
Ford Escape XLT 4WD $725
Honda CR-V EX 2WD $728
Chevrolet Impala LT $763
Hyundai Tucson GLS 2WD $765
Subaru Outback 2.5I Limited $782
Dodge Grand Caravan SXT $787
Ford F-150 XLT Crew Cab 2WD $786
Ford Explorer XLT 2WD $795
Subaru Forester XT Limited Edition AWD $789
Hyundai Elantra Blue 4-Dr Sedan $791
Toyota Tacoma X-Runner 2WD $808
Jeep Wrangler Unlimited Sahara 4WD 4-Dr $810
Nissan Rogue S 2WD $811
Chevrolet Traverse LTZ AWD $828
Toyota Prius $836
Dodge Ram Crew Cab SLT 2WD $830
Toyota Highlander 4WD $856
Toyota RAV4 4WD $863
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Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Rate quotes do not factor in the specific area where the vehicle is garaged which can decrease or increase prices noticeably.

Based upon the table data, we can conclude that cars like the Honda Accord, Kia Forte, and Ford Escape will definitely be a few of the cheapest vehicles to insure for your employer’s vehicle.

For your employer’s vehicle, one of the big criteria that affect the price of your policy is your address in Nevada. Cities that have higher claim levels or more people like Winchester, Sunrise Manor, and North Las Vegas tend to pay higher rates, whereas areas with less congestion benefit from lower rates.

The information below lists the most costly cities in Nevada for a company car to purchase car insurance in.

Most expensive Nevada cities for auto insurance
Rank City Average Per Year
1 Winchester $2,158
2 Paradise $2,041
3 Sunrise Manor $2,008
4 Spring Valley $1,980
5 North Las Vegas $1,900
6 Las Vegas $1,892
7 Enterprise $1,851
8 Henderson $1,715
9 Boulder City $1,541
10 Pahrump $1,377
11 Mesquite $1,351
12 Sun Valley $1,305
13 Sparks $1,304
14 Spanish Springs $1,253
15 Reno $1,244
16 Carson City $1,170
17 Gardnerville Ranchos $1,150
18 Fernley $1,149
19 Dayton $1,130
20 Spring Creek $1,114
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Rate information is approximated as the specific garaging location can decrease or increase auto insurance rates greatly.

Which auto insurance company is best?

When shopping for auto insurance, the top insurers to get price quotes from are State Farm, Allstate, Progressive, and Geico. They all have the same basic coverages, but each one has slightly different coverage options that add value to each policy. The next table compares some of the different options and features that you can purchase from each one.

Largest U.S. Car Insurance Company Ratings
State Farm Allstate Progressive Geico
Handling of Claims 2nd 1st 4th 3rd
Customer Satisfaction 4th 2nd 3rd 1st
Discounts Available 3rd 1st 4th 2nd
Price Rank 2nd 4th 3rd 1st
A.M. Best financial rating A++ A+ A+ A++
Standard & Poor’s rating AA AA- AA AA+
Rating based on usage Yes Yes Yes No
Breakdown insurance No No Yes Yes
Accident forgiveness coverage No Yes Yes Yes
Coverage for ridesharing Yes Yes Yes Yes
New car replacement insurance No Yes No No
Emergency roadside assistance Yes Yes Yes Yes
Offered in Nevada Yes Yes Yes Yes
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