Wouldn’t it be easy if we could tell you the one company that has the best deal on coverage for 19 year olds? It’s not that simple, unfortunately, as there are a whole slew of unknown elements such as if you own your own home, your credit history, and the amount of liability coverage you need, that all go into determining the rate you pay. We are going to cover the best ways to avoid paying too much and educate you enough to have a good beginning to your search for cheaper coverage.
Figuring out which companies offer the most affordable auto insurance rates for 19 year olds takes a bit more work in order to find the most economical policy. Every insurance provider has a unique approach for determining rates, so let’s take a look at the auto insurance companies with the most affordable rates in Nevada.
Find the Cheapest Car Insurance for Teens
Rank | Company | Cost Per Year |
---|---|---|
1 | Allied | $921 |
2 | Travelers | $930 |
3 | Capital | $988 |
4 | American Family | $1,182 |
5 | Oregon Mutual | $1,193 |
6 | GEICO | $1,232 |
7 | Progressive | $1,238 |
8 | Nationwide | $1,295 |
9 | USAA | $1,323 |
10 | Safeco | $1,346 |
11 | Farmers | $1,452 |
12 | MetLife | $1,583 |
13 | Country | $1,602 |
14 | State Farm | $1,749 |
15 | Mercury | $1,753 |
16 | Victoria | $2,093 |
17 | Liberty Mutual | $2,183 |
18 | Allstate | $2,314 |
19 | Bristol West | $2,407 |
20 | Encompass | $2,630 |
Find Cheaper Rates Go |
Allied may offer some of the cheapest car insurance rates in Nevada at around $921 annually. Travelers, Capital, American Family, and Oregon Mutual would also make the list of some of the most economical Nevada auto insurance companies.
In the rate table above, if you currently have a policy with Travelers and switched to Allied, you might realize yearly savings of in the neighborhood of $9. Policyholders with Capital may save as much as $67 a year, and American Family policyholders might lower prices by up to $261 a year.
To find the best cheap auto insurance for 19 year olds in Nevada for your vehicle, click here to get a free quote or visit any of the low-priced companies below.
Understand that those premium estimates are averages across all ages of drivers and types of vehicles and do not factor in a price surcharge for 19 year olds. So the auto insurance company that fits your needs best may not even be featured in the list of companies above. That is why you need to get auto insurance quotes using your own specific driver information and vehicle.
The type of vehicle to be insured is a large factor when shopping for cheap coverage for 19 year olds. Vehicles with higher performance characteristics, poor crash test ratings, or a history of substantial liability claims will cost more to insure than safer models.
The next list ranks car insurance premiums for a handful of the most affordable vehicles to buy coverage for.
Vehicle Make and Model | Estimated Cost for Full Coverage |
---|---|
Ford Escape XLS 2WD | $2,205 |
Honda CR-V EX 4WD | $2,233 |
Honda Accord EX-L 4-Dr Sedan | $2,386 |
Volkswagen Jetta S 2.5 Station Wagon | $2,393 |
Chevrolet Traverse LTZ AWD | $2,416 |
Toyota Prius | $2,426 |
Ford Edge SE 2WD | $2,436 |
Subaru Forester X Limited Edition AWD | $2,443 |
Kia Forte LX 4-Dr Sedan | $2,464 |
Dodge Grand Caravan CV | $2,473 |
Ford F-150 XL Crew Cab 2WD | $2,464 |
Toyota Tacoma 2WD | $2,589 |
Jeep Grand Cherokee Laredo 4WD | $2,617 |
Toyota RAV4 4WD | $2,626 |
Chevrolet Equinox LS AWD | $2,617 |
Compare Cheap Rates Go |
Premium data assumes single male driver age 19, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in vehicle garaging location which can increase or decrease price quotes substantially.
Looking at the data, we can infer that makes and models like the Ford Escape, Honda CR-V, Honda Accord, and Volkswagen Jetta will be a few of the most affordable vehicles to insure for teenage drivers. The price for car insurance will tend to be more expensive because there is more claim risk for 19 year olds, but generally speaking those specific models will most likely have the best rates that you’ll find.
For teenage drivers, one of the big components that is used to help calculate the price of your policy is your zip code in Nevada. Areas with more people or even just a higher incidence of claims like Winchester, Sunrise Manor, and North Las Vegas tend to have higher auto insurance costs, whereas areas that tend to be more rural generally have lower rates.
The following table ranks the priciest cities in Nevada for 19 year olds to purchase car insurance in.
Rank | City | Average Per Year |
---|---|---|
1 | Winchester | $2,180 |
2 | Paradise | $2,061 |
3 | Sunrise Manor | $2,029 |
4 | Spring Valley | $2,000 |
5 | North Las Vegas | $1,882 |
6 | Las Vegas | $1,873 |
7 | Enterprise | $1,870 |
8 | Henderson | $1,767 |
9 | Boulder City | $1,511 |
10 | Mesquite | $1,351 |
11 | Pahrump | $1,337 |
12 | Sparks | $1,317 |
13 | Sun Valley | $1,292 |
14 | Reno | $1,282 |
15 | Spanish Springs | $1,266 |
16 | Carson City | $1,170 |
17 | Fernley | $1,137 |
18 | Spring Creek | $1,125 |
19 | Gardnerville Ranchos | $1,116 |
20 | Elko | $1,114 |
Compare Rates Now Go |
Premium amounts are comparative as specific Nevada garaging address can lower or raise premiums greatly.
The recommended way to get the most affordable auto insurance prices in Nevada for teenage drivers is to be a safe driver and avoid traffic citations and accidents. The example below illustrates how speeding tickets and at-fault collisions can impact insurance rates for each age group. The rate quotes are based on a married female driver, full coverage, $500 deductibles, and no discounts are factored in.
In the previous chart, the average cost of car insurance in Nevada per year with a clean driving record and no accidents is $1,488. Receive two speeding tickets and the average cost rises to $2,111, an increase of $622 each year. Next add one accident along with the two speeding tickets and the annual cost of auto insurance for 19 year olds increases to an average of $2,750. That’s an increase of $1,261, or $105 per month, just for not being a responsible driver!
Finding the best cheap auto insurance for 19 year olds in Nevada is important to the majority of drivers, and one great way to find cheaper insurance is to only buy liability insurance. The illustration below shows the comparison of premium costs with full phyical damage coverage and with liability coverage only. The prices are based on a clean driving record, no at-fault accidents, $1,000 deductibles, drivers are single, and no additional discounts are factored in.
If averaged out across all ages, full coverage costs an additional $1,297 per year more than carrying just liability coverage. Lot’s of drivers question when is the right time to remove full coverage. There is no clear-cut formula of when to exclude physical damage coverage, but there is a general guideline. If the annual cost of having full coverage is about 10% or more of the settlement you would receive from your company, then you might want to think about dropping full coverage.
Drivers have a lot of ways to buy auto insurance in Nevada, but the most common methods are through a non-exclusive or independent agent, an exlusive agent like Allstate or Liberty Mutual, or direct online or over the phone from a company like Progressive or Geico.
All three ways can provide auto insurance quotes, but they differ in how they function.
Independent insurance agencies can place your business with multiple companies and can get rate quotes from every one. Agents of this type possess the freedom to compare multiple rates, which may give you the best idea of how your rates compare. If your premiums go up, your policy is moved internally and the insured can keep the same agent.
Exclusive agencies are limited to a single company, two popular examples being a Liberty Mutual or State Farm agent. Exclusive agents cannot quote prices from more than a single company, so if their prices are high, they cannot shop around.
The third popular method of shopping for auto insurance is direct, which means you bypass local agents and instead buy buying direct from a company like Geico or Esurance. Shopping direct can be a good choice for consumers who do not have complex finances and have some degree of understanding of what specific coverages they need.
So out of those three methods, which one works best to find the best cheap auto insurance for 19 year olds in Nevada? The obvious answer would be buying direct results in the cheapest rates because there are no middleman commissions, but unfortunately, that is not the case. We could also assume that an independent agency results in the cheapest rates since they have more companies to choose from, but that idea is not necessarily true either. In a lot of cases, exclusive agents have extremely competitive rates that are impossible to beat.
Since auto insurance rates vary so much, the best method to get the lowest rate is to compare, compare, and compare some more. It’s a good idea to get price quotes all three ways in order to be able to find the lowest price. For a list of companies with online discounts, click here to view.
The list below shows some of the better thrifty solutions that can help Nevada drivers buy cheaper coverage.
The last item on the list is remarkably valuable, as we emphasized in the article above. Prices charged by car insurance companies in Nevada vary considerably, so don’t be unwilling to switch carriers if you can find a cheaper rate.
Brand loyalty is not necessarily bad, but we do not recommend it if that inflexibility results in costing you a small fortune year after year. Now is a great time to compare prices to find cheaper car insurance for 19 year olds.