Wouldn’t it be easy if we could magically tell you the best company that has the best insurance prices for good drivers? Regrettably, it’s not quite that easy, as there are a whole bunch of unknown aspects like whether you are female or male, if full coverage is needed, if you are married or single, and how many years you have been driving. The information below covers the best ways to avoid high prices and hopefully give you enough understanding to have a good start in finding the cheapest car insurance in Nevada.
Figuring out which company has the best auto insurance rates for good drivers involves a little more effort than just picking a company at random. Every insurance provider uses a little different formula for determining rates, so let’s look at the rankings for the auto insurance companies with the most affordable rates in Henderson, NV.
It’s important that readers know that Henderson, NV auto insurance rates are based on many factors which can significantly increase or decrease the price you pay for coverage. Improving your credit score, increasing deductibles, or getting into an accident can trigger rate changes resulting in some companies being cheaper in comparison to the competition.
Find the Cheapest Auto Insurance for Good Drivers
Travelers quotes some of the cheapest car insurance rates in Henderson at around $930 each year. This is $644 less than the average premium paid by Nevada drivers of $1,574. Allied, Capital, Progressive, and Oregon Mutual would also make the list of some of the lowest-priced Henderson, NV car insurance companies.
As shown in the table above, if you buy coverage from Allied and switched to Travelers, you could see a yearly price reduction of in the neighborhood of $19. Customers with Capital could save as much as $88 a year, and Progressive customers might realize rate reductions of up to $260 a year.
To see how much you can save, click here to start your custom quote or click through to the companies below.
Understand that those prices are averages for all types of insureds and vehicles and do not take into consideration an exact zip code location for good drivers. So the company that is best suited for you may not even be in the top 20 companies shown above. That underscores the importance of why you need to compare rates from multiple companies using your own specific driver and vehicle information.
The vehicle you are trying to insure is probably the largest consideration when comparing the best auto insurance for good drivers. Vehicles with high performance engines, poor passenger safety features, or high incidents of liability claims will cost significantly more to insure than safer, lower-performance models. The data below presents car insurance rates for a handful of the most budget-friendly vehicles to buy coverage for.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $1,932 |
| Honda Accord EX-L 4-Dr Sedan | $2,096 |
| Dodge Grand Caravan CV | $2,169 |
| Ford Explorer XLT 4WD | $2,177 |
| Volkswagen Jetta S 4-Dr Sedan | $2,289 |
| Toyota Camry LE | $2,299 |
| Toyota RAV4 Sport 4WD | $2,289 |
| Ford F-150 XL Regular Cab 2WD | $2,298 |
| Toyota Corolla XLE | $2,409 |
| Toyota Prius | $2,450 |
| GMC Sierra SLE Extended Cab 4WD | $2,453 |
| Ford Edge Limited 2WD | $2,573 |
| Ford Escape Limited 4WD | $2,583 |
| Honda Odyssey LX | $2,602 |
| Toyota Camry Hybrid | $2,620 |
| Jeep Grand Cherokee Laredo 2WD | $2,624 |
| Chevrolet Impala LT | $2,629 |
| Chevrolet Malibu Hybrid | $2,624 |
| Ford F-350 Super Cab Cabela Turbo Diesel 2WD | $2,658 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $2,665 |
| Nissan Altima 2.5 S 4-Dr Sedan | $2,763 |
| Toyota Tacoma X-Runner 2WD | $2,771 |
| Ford Fusion S 4-Dr Sedan | $2,810 |
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Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Information does not factor in specific zip code location which can impact insurance rates noticeably.
Based upon the rates shown, vehicles like the Honda CR-V, Honda Accord, Dodge Grand Caravan, Ford Explorer, and Volkswagen Jetta are some of the most economical vehicles to insure for safe drivers.
For safe drivers, one of the more important criteria that aid in calculating the amount you pay for auto insurance is where you keep your vehicle in Henderson. Areas with increased crime or more people will most likely have higher rates, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower rates.
The following table rates the most expensive places in Nevada for good drivers to buy auto insurance in. Henderson is ranked at #8 with an annual rate of $1,749 for the average insurance policy, which is around $146 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Winchester | $2,116 |
| 2 | Sunrise Manor | $2,069 |
| 3 | Paradise | $2,061 |
| 4 | Spring Valley | $2,060 |
| 5 | Las Vegas | $1,930 |
| 6 | Enterprise | $1,908 |
| 7 | North Las Vegas | $1,844 |
| 8 | Henderson | $1,749 |
| 9 | Boulder City | $1,557 |
| 10 | Pahrump | $1,364 |
| 11 | Mesquite | $1,325 |
| 12 | Sparks | $1,317 |
| 13 | Sun Valley | $1,266 |
| 14 | Reno | $1,256 |
| 15 | Spanish Springs | $1,229 |
| 16 | Carson City | $1,136 |
| 17 | Dayton | $1,130 |
| 18 | Spring Creek | $1,125 |
| 19 | Elko | $1,125 |
| 20 | Fallon | $1,108 |
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Premium amounts are approximated as the specific area where the vehicle is garaged can change insurance rates substantially.
How to get discounts on Henderson car insurance rates
Insurance companies that provide coverage for good drivers may also give you price discounts that could potentially reduce rates by 40% or more if you meet certain criteria. Larger auto insurance companies and a summarized list of policyholder discounts are outlined below.
- GEICO offers premium reductions for anti-lock brakes, daytime running lights, defensive driver, federal employee, and emergency military deployment.
- USAA discounts include vehicle storage, driver training, new vehicle, multi-vehicle, multi-policy, and annual mileage.
- Progressive may have discounts that include online signing, online quote discount, multi-vehicle, homeowner, and multi-policy.
- American Family offers discounts for multi-vehicle, accident-free, air bags, Steer into Savings, and good driver.
- Esurance includes discounts for claim free, safety device, online shopper, Switch & Save, defensive driver, renters, and multi-policy.
- Farmers Insurance policyholders can earn discounts including good student, pay in full, business and professional, homeowner, electronic funds transfer, distant student, and teen driver.
- State Farm offers discounts including Steer Clear safe driver discount, defensive driving training, multiple policy, Drive Safe & Save, and accident-free.
The information below shows the comparison of insurance premiums with and without policy discounts. The rate quotes are based on a male driver, a clean driving record, no at-fault accidents, Nevada state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The lower bar shows the rates with marriage, homeowner, anti-theft, multiple vehicle, safe-driver, and vehicle safety discounts applied. In this example, theamount saved on auto insurance for good drivers is 28% or $484.
Cost comparison with and without full coverage
Paying less for auto insurance is probably important to the majority of people, and one easy way to buy cheap insurance for good drivers is to buy liability only. The illustration below compares auto insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premium estimates are based on no claims or driving violations, $250 deductibles, single marital status, and no discounts are taken into consideration.
If averaged for all ages, comp and collision coverage costs $2,203 per year over having just liability coverage. That is a large expense which might make you wonder if buying full coverage is a waste of money. There is no written rule for eliminating physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is 10% or more of any settlement you would receive from your insurance company, then you might want to consider buying only liability 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 your company will settle for is $4,500 after paying your deductible. If it’s costing you more than $450 a year for your policy with full coverage, then you may want to consider only buying liability coverage.
There are some circumstances where eliminating full coverage is not recommended. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not remove full coverage.
Nevada auto insurance company ratings
Insuring your vehicle with a highly-rated auto insurance provider can be challenging considering how many choices you have in Henderson. The ranking information in the next section can help you select which coverage providers you want to consider when shopping your coverage around. The ratings below are for companies that write coverage in many states, so companies without a large exposure are not taken into consideration for these rankings.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
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Data Source: Insure.com Best Car Insurance Companies