This would be a quick read if we could just give you the name of the one company that is cheapest in Nevada. Regrettably, it’s not quite that easy, as there are a lot of unknowns such as if you need full coverage or liability-only, your credit rating, and whether you are single or married, that all impact the cost of your policy. In this article, we will teach you about the things that cause high insurance rates and will hopefully give you a good beginning to your search for cheaper coverage.
The car, truck, or SUV you are buying coverage for is probably the most important factor when looking for the lowest-priced car insurance for teenage males. Vehicles with lower performance, good safety features, or a low likelihood of having liability claims will cost much less to insure than high performance models. The information below illustrates auto insurance costs for a number of the cheapest vehicles to insure.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $8,313 |
| Ford Escape XLS 2WD | $8,320 |
| Honda Accord LX 4-Dr Sedan | $8,313 |
| Toyota Prius | $9,031 |
| Toyota Tacoma 4WD | $9,323 |
| Chevrolet Impala LS | $9,779 |
| Honda Odyssey EX | $9,785 |
| Nissan Altima 2.5 4-Dr Sedan | $9,866 |
| Toyota RAV4 2WD | $9,871 |
| Chevrolet Malibu LS | $9,866 |
| Dodge Grand Caravan Crew | $9,954 |
| Ford F-150 Lariat Crew Cab 4WD | $9,964 |
| Ford Explorer Eddie Bauer 4WD | $9,954 |
| Ford Focus SEL 4-Dr Sedan | $10,322 |
| Hyundai Elantra GLS 4-Dr Sedan | $10,410 |
| Toyota Camry XLE | $10,418 |
| Ford Edge Limited AWD | $10,410 |
| Toyota Corolla LE | $10,418 |
| Chevrolet Equinox LTZ AWD | $10,497 |
| Volkswagen Jetta SE 4-Dr Sedan | $10,507 |
| Find Cheaper Rates Go | |
Data based on single male 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 vehicle location which can impact premiums significantly.
Looking at the numbers, you can see that makes and models like the Honda CR-V, Ford Escape, and Honda Accord are some of the most budget-friendly vehicles to insure for teen boys. Prices will tend to be higher just because there is more claim risk for teenage males, but overall those models will have the best insurance prices available.
Determining which company offers the lowest-priced car insurance rates for teenage males requires a bit more work than just comparing a company or two. Each company has a unique approach for establishing rates, so we will examine the lowest cost car insurance companies in Nevada.
It’s important that readers know that Nevada car insurance rates are influenced by many factors which can substantially change the price you pay. Simply having another birthday, increasing deductibles, or getting a ticket for careless driving can trigger price changes resulting in some companies being cheaper in comparison to the competition.
Best Auto Insurance Prices for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $912 |
| 2 | Allied | $921 |
| 3 | Capital | $988 |
| 4 | Progressive | $1,190 |
| 5 | Oregon Mutual | $1,193 |
| 6 | American Family | $1,218 |
| 7 | GEICO | $1,219 |
| 8 | Nationwide | $1,295 |
| 9 | USAA | $1,323 |
| 10 | Safeco | $1,346 |
| 11 | Farmers | $1,438 |
| 12 | Country | $1,619 |
| 13 | MetLife | $1,631 |
| 14 | State Farm | $1,698 |
| 15 | Mercury | $1,753 |
| 16 | Victoria | $2,073 |
| 17 | Liberty Mutual | $2,249 |
| 18 | Bristol West | $2,313 |
| 19 | Allstate | $2,314 |
| 20 | Encompass | $2,684 |
| Find Your Rate Go | ||
Travelers may have some of the cheapest car insurance rates in Henderson at around $912 a year. Allied, Capital, Progressive, and Oregon Mutual also rank well as some of the best Henderson, NV auto insurance companies.
As the example above demonstrates, if you are a policyholder with Capital and switched to Travelers, you might achieve savings of around $76. Nevada drivers with Progressive might save as much as $278 a year, and Oregon Mutual policyholders might see rate reductions of $281 a year.
Be aware that those premiums are averaged for all types of drivers and the different vehicles they drive and and are not figured with a specific location for teenage males. So the auto insurance company that is best for you may not even be in the list above. That underscores the importance of why you need to get car insurance quotes using your own individual information.
How to get discounts on Henderson car insurance rates
Insurance providers that sell policies for teenage males could also offer rate discounts that can reduce rates by as much as 35% if you meet specific eligibility requirements. A list of companies and some of the discounts are included below.
- American Family offers discounts for Steer into Savings, mySafetyValet, defensive driver, air bags, and TimeAway discount.
- Farm Bureau has discounts for safe driver, multi-vehicle, driver training, multi-policy, youthful driver, good student, and 55 and retired.
- State Farm may have discounts that include accident-free, multiple policy, Steer Clear safe driver discount, safe vehicle, and good driver.
- Travelers offers premium reductions for payment discounts, new car, save driver, driver training, student away at school, early quote, and hybrid/electric vehicle.
- The Hartford has savings for vehicle fuel type, good student, driver training, anti-theft, and bundle.
- GEICO discounts include multi-policy, defensive driver, anti-theft, military active duty, emergency military deployment, federal employee, and air bags.
- Progressive offers discounts including continuous coverage, good student, multi-policy, homeowner, and multi-vehicle.
The chart below shows the difference between insurance costs with and without discounts applied to the policy premium. The costs are based on a female driver, a clean driving record, no claims, Nevada state minimum liability limits, full coverage, and $500 deductibles.
The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with passive restraint, paperless filing, anti-theft, vehicle safety, good student, and continuous coverage discounts applied. When drivers take advantage of discounts, theaverage amount saved on car insurance for teenage males is 28% or $484.
Which car insurance company is best in Henderson?
Selecting a highly-rated insurance provider is hard considering how many companies provide coverage in Henderson. The company information below may help you select which car insurance providers you want to consider when comparing rates. The ratings below are only comprised of companies that insure vehicles across America, so companies that have a smaller presence are not factored into 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 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Impact of speeding/accidents on car insurance rates
The easiest way to get the most affordable car insurance rates in Henderson for teen boys is to be a safe driver and avoid tickets and accidents. The illustration below demonstrates how speeding tickets and fender-benders can influence insurance costs for different age groups of insureds. The prices are based on a married male driver, full coverage, $1,000 deductibles, and no other discounts are factored in.
In the prior example, the average cost of an auto insurance policy per year with no accidents and a clean driving record is $1,487. Get written up for one speeding ticket and the average cost surges to $1,714, an increase of $227 each year. Now throw in two accidents along with the one speeding ticket and the annual cost of car insurance for teenage males jumps again to an average of $3,823. That’s an increase of $2,335, or $195 per month, just for not being more responsible behind the wheel!
How to find budget-friendly insurance for teenage males
The list below shows some money-saving ideas that can help Nevada drivers buy cheaper car insurance.
- Do not get into accidents
- Do not get tickets
- Try paying for small claims out-of-pocket
- Vehicles with good safety ratings are usually cheaper to insure
- Save money by insuring your home and auto with the same company
- Compare quotes from other companies often
The last suggestion is particularly significant, as we stressed in the article above. Insurance prices change a lot, so don’t hesitate to switch carriers if a lower-cost policy is available.
Many consumers stick with the same company and that’s fine, but it’s not a good idea if that loyalty results in overpaying lots of money. Now is a great time to compare rates and find cheaper auto insurance for teenage males in Henderson.
The agents shown below are a good start to provide answers to your questions and help you determine which insurance coverage will be best for you, since many consumers aren’t sure which coverage to buy and prefer to have professional advice when buying car insurance for teenage males. It can be hard to do it yourself, and a professional agent can bring satisfaction knowing you have suitable coverage if you ever need to use it. To locate a Henderson car insurance agency by location nearest to you, click the button at the bottom of the list.
- Paradigm Insurance Agency
170 S Green Valley Pkwy #300 – Henderson, NV 89012 – (702) 522-0730 - Allstate Insurance: Helene Karp
305 N Pecos Rd c – Henderson, NV 89074 – (702) 436-0200 - Brendon Walker – State Farm Insurance Agent
4027 E Sunset Rd – Henderson, NV 89014 – (702) 456-6791 - Allstate Insurance: Conner Family and Associates, LLC
30 S Water St a – Henderson, NV 89015 – (702) 564-0665