Best Homeowners Insurance in Las Vegas, Nevada

On average, your neighbors pay $88 a month.

See Your Rates

The average rate for home insurance in Las Vegas is $1,059 a year, but we found rates as cheap as $633 a year. Allstate has the lowest average rate in Las Vegas at $773 a year. Whether you're a new homebuyer or just looking to save money, here's what you should know about the best home insurance companies in Las Vegas and how much they cost.

In this article

Cheapest home insurance in Las Vegas

Allstate's rate of $1,059 a year or $88 a month is the cheapest average rate for home insurance in Las Vegas. Farmers offers the second-cheapest average rate at $859 a year. Both companies beat the city average rate.

Company Average annual rate
Allstate $773
American Family $1,077
Country Financial $1,580
Farmers $859
State Farm $1,042
Travelers $919
USAA $1,163
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

What is the cost of home insurance in Las Vegas?

We found that the average cost of home insurance in Las Vegas is $1,059 a year, which is $695 below the national average of $1,754.

When getting a home insurance quote, insurance companies look at different factors to determine your premium. These factors include:

  • The year your home was built
  • Construction features of your home
  • Weather hazards and crime rates in your area
  • Your insurance claim history

Although you can't change some of these factors, you can adjust your deductible if you're looking to lower your rate.

Deductible Average annual rate
$500 $1,156
$1,000 $1,059
$1,500 $1,004
$2,000 $954
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Best homeowners insurance companies in Las Vegas

We researched several characteristics of home insurance companies and their policies in Las Vegas, which includes rates, customer satisfaction, discounts and coverages. The following insurance companies are at the top of our list:

  • Best overall: Allstate
  • Best for customer service: USAA and American Family
  • Best for optional coverages and eco-friendly homes: Travelers

Allstate: best overall

Allstate is our pick for the best homeowners insurance company in Las Vegas, on account of its low cost, discounts and widespread availability. Allstate is one of the largest home insurance companies in the nation. Going with a large insurer has several advantages. Allstate's agent network means you'll most likely be able to find an agent close to your home, which may be important for some people. AM Best gave Allstate an A+ rating for financial strength, which indicates Allstate has a superior ability to meet its obligations to policyholders.

Allstate also has a great bundling discount. You can save up to 25% if you have both home and auto insurance with Allstate. If you don't have a recent claim, you can also save up to 20% if you purchase home insurance with Allstate.

Allstate also received a score of 829 out of 1,000 from the 2021 J.D. Power home insurance study for customer satisfaction, which is above the average score in their study.

USAA and American Family: best for customer service

Both USAA and American Family have great customer satisfaction scores and low number of complaints. The NAIC complaint index measures how many complaints a company gets relative to its size. The table below shows NAIC complaint index scores and customer satisfaction ratings.

Company 2021 NAIC Complaint Index (lower is better) 2021 J.D. Power overall satisfaction (out of 1,000)

Allstate

1.12

835

American Family

0.37

831

Country Financial

0.28

830

Farmers

0.56

813

State Farm

1.01

835

Travelers

0.61

800

USAA

0.46

882

Source: J.D. Power ratings from 2021 U.S. Home Insurance Study. Complaint Index from NAIC.

Travelers: best for optional coverages and eco-friendly homes

Travelers has many optional home insurance coverages, which include water backup and sump pump discharge or overflow coverage, coverage for high value items, and identity fraud coverage. Travelers also offers broader protection for personal property in the event of a covered loss. This coverage will cover more situations than a standard home insurance policy.

Travelers also has a great optional coverage if you have a green house or are planning on going green. Travelers' green home coverage can help pay the costs to repair, replace or rebuild with green materials if your home is damaged due to a covered loss. Travelers also includes a green discount of up to 5% if your home has “green home” certification by the Leadership Energy and Environmental Design (LEED) organization.

Find cheap Las Vegas home insurance

Home insurance for earthquake damage in Las Vegas

According to the Nevada Division of Insurance, Nevada has the most major earthquakes after California and Alaska. Because standard home insurance policies don't cover earthquakes, you will need a separate earthquake insurance policy to protect your home against earthquakes. Many home insurance companies offer earthquake coverage as an optional coverage. Earthquake insurance covers repairs or rebuilding to the structure of the house, your personal property and additional living expenses if you need to relocate while your home is being repaired. 

Methodology

Average rates for a standard HO-3 homeowners insurance policy we calculated using the following coverages:

  • $275,000 dwelling
  • $27,500 other structures
  • $137,500 personal property
  • $55,000 loss of use
  • $100,000 liability
  • $5,000 medical payments
  • $1,000 deductible (unless otherwise noted)

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