The average monthly cost of auto insurance in Las Vegas is $158.
The average cost of a minimum car insurance policy in Las Vegas is $158 per month, while the average full-coverage liability premium is $262 per month. Given that Sin City is the most populated city in Nevada and one of the densest cities in the country, it's no surprise that insurance rates tend to skew on the expensive side.
After analyzing insurance rates from the eight largest companies in Las Vegas, we found that the best company for you largely depends on a number of factors, including age, driving history and coverage type.
The least expensive auto insurance you can purchase is one that meets the bare-minimum coverage requirements needed to drive in your state.
State Farm and Progressive offer the best low-cost minimum-coverage policies, according to our research. USAA is another worthwhile alternative, but only eligible military and certain family members qualify for policies.
Before deciding what kind of coverage to purchase, you should know that a minimum liability policy will not financially reimburse you for damages sustained to your own car. A minimum-coverage policy protects other drivers and their property.
Along with being the cheapest option for a minimum liability policy, State Farm and Progressive also have the most affordable rates for drivers seeking a full-coverage plan.
A full-coverage plan offers different types of protection in addition to those required by the state. Most notably, a full-coverage policy includes comprehensive and collision coverages.
Comprehensive coverage protects you from vehicular damage caused by "acts of God", or factors out of your control, like natural disaster or theft. On the other hand, collision coverage reimburses you for any damage your car receives from driving into another vehicle or stationary object.
| Company | Average monthly rate |
|---|---|
| State Farm | $141 |
| Progressive | $188 |
| USAA | $212 |
| American Family | $156 |
| Allstate | $216 |
| Farmers | $327 |
| GEICO | $358 |
| CSAA | $375 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
See how much you could save with a new policy
Age is one of the biggest factors car insurance companies consider when calculating your insurance rates.
Young and new drivers are statistically more likely to be involved in an accident or traffic violation than their older counterparts. As a result, teens and young adults receive higher quotes, on average. In fact, our 20-year-old sample driver paid more than double what our 30-year-old driver paid.
State Farm provided the cheapest insurance rates across the board for young drivers. However, if you're looking for an alternative to State Farm, your next-best rates will vary based on your age.
Being involved in just one at-fault car accident can drastically increase your insurance prices. The severity of the price hike, however, depends heavily on your insurance company.
For instance, State Farm had the lowest price increase, only $27 more per month. However, drivers insured with GEICO saw their monthly rates increase at an average of $259 — nearly twice as much as someone with a clean record.
| Company | Monthly rate before | Monthly rate after | Difference |
|---|---|---|---|
| State Farm | $141 | $168 | $27 |
| USAA | $212 | $290 | $78 |
| Progressive | $188 | $335 | $147 |
| American Family | $216 | $397 | $181 |
| Allstate | $283 | $409 | $126 |
| Farmers | $327 | $409 | $126 |
| CSAA | $375 | $469 | $142 |
| GEICO | $358 | $617 | $259 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
DUI is a serious crime that is penalized heavily, so it's no surprise that if you're found guilty of a DUI, your insurance rates will likely rise significantly. The average Las Vegas driver caught driving under the influence pays $178 more each month compared to a driver with a clean record.
The two widely available insurers with the cheapest rates for these drivers were State Farm and Progressive. They both also happen to be the companies that increased premium rates the least following a DUI.
| Company | Monthly rate before | Monthly rate after | Difference |
|---|---|---|---|
| State Farm | $141 | $155 | $14 |
| Progressive | $188 | $299 | $111 |
| Allstate | $283 | $396 | $113 |
| American Family | $216 | $427 | $211 |
| USAA | $212 | $451 | $239 |
| Farmers | $327 | $507 | $180 |
| CSAA | $375 | $514 | $139 |
| GEICO | $358 | $776 | $418 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
Drivers caught speeding can find the least expensive insurance plans with State Farm and American Family. We recommend that qualified current and former military members looking for an alternative to these companies consider USAA.
| Company | Monthly rate before | Monthly rate after | Difference |
|---|---|---|---|
| State Farm | $141 | $155 | $14 |
| USAA | $212 | $249 | $37 |
| American Family | $216 | $258 | $42 |
| Progressive | $188 | $275 | $87 |
| Allstate | $283 | $318 | $35 |
| Farmers | $327 | $414 | $87 |
| CSAA | $375 | $480 | $105 |
| GEICO | $358 | $498 | $140 |
| Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |||
Car insurance coverage is regulated and enforced at the state level. In Nevada, every resident must have at least the following auto insurance coverage to legally drive:
| Coverage requirement | Limits |
|---|---|
| Bodily injury liability (BIL) | $25,000 per person/$50,000 per accident |
| Property damage liability (PDL) | $20,000 per accident |
Although Nevada's requirements are not relatively high, insurance rates in Las Vegas are on the expensive side. The reason why Las Vegas has some of the most expensive insurance premiums is because dense areas tend to have higher rates of accidents, making them riskier to drive in. Additionally, Nevada has a high percentage of uninsured drivers, with approximately 10.4% of Nevadans driving uninsured in 2019, according to the Insurance Research Council.
Drivers who have a risky profile or a history of traffic violations will likely face difficulty finding affordable rates. There are a few options you can take in order to make your quotes affordable or to save more money.
Look into discounts. Many insurers, particularly major ones like GEICO and Allstate, have numerous discounts available to their customers. You can save on insurance by taking advantage of as many as possible.
Contact multiple insurers for rates. The difference between the cheapest insurance company and the most expensive is thousands of dollars per month. Compare quotes from at least three companies to ensure that you are getting the best rate for your background.
Consider a combined insurance policy or being added to someone else's plan. This option may be especially appealing to young people. A parent with a teen signed onto their car insurance policy will likely see an increase in their premium. However, this is a much cheaper option than having two separate plans.
Get your existing policy re-evaluated. Your insurance premium is affected by your age, credit report, location and many other factors. If any of these have changed recently, ask your insurance company if they can provide you with an updated rate.
Using car insurance rate data provided by Quadrant Information Services, QuoteWizard conducted a comprehensive analysis of insurance rates in Las Vegas. We examined quotes for a single, 30-year-old male who operates a 2012 Honda Accord LX. His vehicle has an average annual mileage of 13,500 miles.
During instances where we analyzed full-coverage car insurance rates, our driver had the following limits:
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