Cheapest Auto Insurance for Teenagers in Nevada

The vehicle to be insured is one of the biggest factors when shopping around for the most economical insurance for teenagers. Vehicles with higher performance, poor safety features, or a history of substantial liability claims will cost more to insure than more economical and safe models.

The next table ranks auto insurance prices for some of the most cost-effective automobiles to buy insurance for.

Prices above based on single female driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, and claim-free. Rates do not factor in specific location information which can influence coverage prices significantly.

Looking at the data, vehicles like the Honda CR-V, Hyundai Elantra, Ford Escape, Toyota Prius, and Chevrolet Traverse will be a few of the more affordable vehicles to insure for teen drivers. The cost of a car insurance policy will tend to be more expensive anyway just due to the fact that there is a higher risk for teenagers, but overall those models will tend to have the lowest insurance rates compared to all other vehicles.

When shopping for cheaper auto insurance for teen drivers, one of the many factors that help determine a rate quote is where you call home. Areas that are more densely populated or have higher claim rates like Winchester, Paradise, and Las Vegas tend to have more expensive car insurance rates, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower coverage costs.

The table below ranks the most expensive areas in Nevada for teenagers to purchase a policy in.

Prices are approximated as the specific Nevada residence address can affect coverage prices considerably.

Selecting the top car insurance provider can be challenging considering how many companies provide coverage in Nevada. The ranking data shown below may help you decide which auto insurance companies you want to consider when insurance shopping for teenagers.

The ratings below are only made up of large, nationwide insurance companies, so smaller companies are not taken into consideration for these rankings. To get price quotes from many more Nevada auto insurance companies, follow this link.

Top 10 Major Auto Insurance Providers Overall in Nevada

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. The General
8. Titan Insurance
9. Progressive
10. Mercury Insurance

Top 10 Major Auto Insurance Providers in Nevada Ranked by Customer Satisfaction

1. Titan Insurance – 95%
2. USAA – 94%
3. AAA Insurance – 91%
4. Nationwide – 90%
5. State Farm – 90%
6. The Hartford – 89%
7. GEICO – 89%
8. 21st Century – 88%
9. Liberty Mutual – 88%
10. Allstate – 88%

How much more does full coverage cost in Nevada?

Finding the cheapest car insurance for teenagers in Nevada should be important to most drivers, and a good way to pay less for insurance is to not buy comprehensive and collision coverage. The example below illustrates the difference between premium costs when comparing full coverage to liability only. Data assumes a clean driving record, no claims, $100 deductibles, drivers are not married, and no discounts are taken into consideration.

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If we average the cost for all age groups, physical damage coverage costs an additional $2,410 per year over having just liability coverage. That may make you wonder if it’s a good idea to buy full coverage. There is no clear-cut rule of when to drop physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is more than about 10% of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.

There are some scenarios where eliminating full coverage is not a good plan. If you haven’t satisfied your loan, you have to keep full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not drop full coverage.

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

When comparing rates for auto insurance for teen drivers in Nevada, the companies with the most market share are Progressive, State Farm, Geico, and Allstate. The data below rates ratings for price and service, as well as some optional coverages you can buy with each company.