Deciphering which companies offer the cheapest auto insurance rates in Sun Valley in Nevada requires more work than just comparing a company or two.
Each company uses a slightly different approach for filing rates in each state, so let's look at the rankings for the auto insurance companies that tend to have lower prices in Nevada.
Find the Cheapest Car Insurance in Sun Valley
|Rank||Company||Cost Per Year|
|Compare Rates Now Go|
Travelers quotes some of the cheapest car insurance rates in Nevada at around $912 each year. This is $662 less than the average price paid by Nevada drivers of $1,574. Allied, Capital, American Family, and Oregon Mutual would also make the list of some of the more affordable Nevada auto insurance companies.
In the above example, if you are a customer of American Family and switched to Travelers, you could see yearly savings of approximately $270. Insureds with Oregon Mutual might save as much as $270 a year, and GEICO customers might cut rates by $320 a year.
To see if your current coverage is too expensive, click here to begin a quote or visit several of the following companies.
It's important to note that these premiums are averaged across all ages of drivers and types of vehicles and do not factor in a price discount in Sun Valley. So the insurer that fits your situation best may not even be in the top 20 companies in the list above. That emphasizes why you need to get auto insurance quotes using your own driver data and vehicle information.
The make and model of vehicle that is being insured is one of the biggest factors that determines whether or not you find cheaper coverage in Sun Valley. Vehicles with limited top-end speed, a plethora of safety features, or a track record of few liability claims will cost significantly less to insure than higher performance models. The information below showcases car insurance prices for a number of the most cost-effective vehicles to buy insurance for.
|Vehicle||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$572|
|Hyundai Elantra SE Touring Station Wagon||$607|
|Ford Escape Limited 4WD||$690|
|Chevrolet Impala LTZ||$695|
|Honda Odyssey LX||$700|
|Volkswagen Jetta SE 4-Dr Sedan||$708|
|Chevrolet Malibu LTZ||$715|
|Dodge Grand Caravan CV||$712|
|Ford F-150 XL Crew Cab 4WD||$725|
|Jeep Wrangler Unlimited Rubicon 4WD 4-Dr||$730|
|Hyundai Sonata SE 4-Dr Sedan||$743|
|GMC Sierra SLE Regular Cab 2WD||$751|
|Chevrolet Equinox LS AWD||$757|
|Jeep Grand Cherokee Laredo 4WD||$752|
|Toyota RAV4 Sport 4WD||$762|
|Toyota Camry Hybrid||$756|
|Compare Cheap Rates Go|
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Table data does not factor in specific garaging location which can raise or lower coverage rates noticeably.
Looking at the rates, we can infer that vehicles like the Honda CR-V, Hyundai Elantra, Ford Escape, and Chevrolet Impala will definitely be a few of the cheapest vehicles to insure for drivers in Sun Valley.
Impact of speeding/accidents on Nevada auto insurance rates
In a perfect world, the ideal way to obtain cheap auto insurance prices for drivers in Sun Valley is to be a careful driver and avoid accidents and keep your driving record clean. The diagram below shows how traffic citations and accident claims impact auto insurance costs for each age group. The prices are based on a married female driver, full coverage, $1,000 deductibles, and no policy discounts are applied.
The chart shows that the average cost of car insurance in Nevada per year with no accidents and a clean driving record is $1,342. Get written up for two speeding tickets and the average cost surges to $1,896, an increase of $554 each year. Then include one accident along with the two speeding tickets and the annual cost of auto insurance in Sun Valley in Nevada increases to an average of $2,465. That's an increase of $1,123, or $94 per month, just for not driving responsibly!
What is the best auto insurance company in Nevada?
Insuring your vehicle with a good quality insurer is difficult considering how many different companies sell coverage in Nevada. The ranking data listed below can help you decide which providers to look at when buying insurance in Sun Valley.
The rankings below only include companies that write coverage in many states, so companies that have a smaller presence are not taken into consideration for these rankings. To get price quotes from these and other companies in Nevada, click this link.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|Compare Rates Now Go|
Data Source: Insure.com Best Car Insurance Companies
Low rates today, overpriced tomorrow
Nevada auto insurance rates are determined by lots of factors that will increase or decrease the price you pay. Simply improving your credit, filing a claim, or getting a couple of tickets can cause premium changes resulting in some rates now being more affordable than others.
Not only that, but insurance companies file new rates as often as every quarter in order to offset underwriting gains or losses. Higher than normal claims can cause increased policy costs, while a lower level of claims can result in cheaper Nevada car insurance rates.
The bar chart below shows the cheapest car insurance in Nevada for a 45-year-old male driver with no prior claims, no tickets, and great credit. If we estimate rates based on his current risk factors, Allied quotes the cheapest car insurance rates in Nevada at $911 per year. This is $663 less than the average policy premium paid by Nevada drivers of $1,574. Travelers, Capital, Oregon Mutual, and American Family are the rest of the most affordable Nevada auto insurance companies.
In the next rate comparison, we'll give the driver from the above example an accident claim, bad credit, and a stop sign violation. Since each company has a different formula for determining prices, comparing rates may now present a substantially altered list of affordable companies as shown below.
GEICO now has the best price on car insurance in Nevada with Nationwide, Safeco, USAA, and Travelers completing the list. This shows why it is crucial to spend some time comparing rates when trying to find the most budget-friendly insurance rates in Sun Valley. Auto insurance prices consist of many factors and change substantially, so the best option the last time you shopped your coverage around may now not even be in the top five.