You have probably watched the captivating commercials from insurers like State Farm and Nationwide that say if you switch you'll get the cheapest rates. So drivers just need to choose the one with the most memorable commercial, right?
It's just not that easy, however, as there are a lot of unknown elements such as if you have points on your license, the likelihood of vehicle theft where you live, the annual mileage you drive, and what deductibles to use for physical damage coverage, that all help calculate your car insurance rates. Car insurance is kind of a dry topic, but this article will explain the types of things that cause high car insurance rates and will hopefully give you a good beginning to your search for cheaper coverage.
Finding decent, affordable auto insurance is confusing at best, and finding out which insurers offer the best car insurance rates for teenage females in Nevada takes even more work. Coverage prices should be quite a bit pricier than the average policy in Nevada due to the higher likelihood of claims that comes with offering coverage for teen girls, but reasonably-priced insurance may be attainable if you compare enough rates. Each company uses a slightly different approach to set premium rates, so we'll take a look at the most budget-friendly car insurance companies in Nevada.
It's a good idea to know that Nevada car insurance rates are impacted by many things that can increase your annual premium. Simply getting older, getting married, or getting a reckless driving citation can cause premium changes that can now make some companies higher when they were quite affordable.
Find Cheaper Car Insurance for Teens
Travelers may offer some of the best car insurance rates in Nevada at around $903 annually. This is $671 less than the average price paid by Nevada drivers of $1,574. Allied, Capital, American Family, and Progressive also rank well as some of the lowest-priced Nevada insurance companies.
As the example above demonstrates, if you buy coverage from American Family and switched to Allied, you might see yearly savings of in the neighborhood of $271. Insureds with Progressive may save as much as $279 a year, and Oregon Mutual customers might see rate reductions of $282 a year.
It's important to note that these prices are averages across all types of drivers and the different vehicles they drive and and are not figured with a price surcharge for teenage females. So the insurer that fits your age and vehicle best may not even be in the list above. That affirms the importance of why you need to get quotes using your own personal information and vehicle type.
The type of vehicle that needs insurance is a significant factor when trying to find the best cheap auto insurance for teenage females. Vehicles with limited speed and performance, a plethora of safety features, or a low likelihood of having liability claims will cost quite a bit less to insure than higher performance models. The next list presents auto insurance prices for a number of the more affordable vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$2,436|
|Hyundai Elantra GLS Touring Station Wagon||$2,441|
|Honda CR-V LX 2WD||$2,436|
|Ford Escape Limited 4WD||$2,615|
|Volkswagen Jetta S 2.5 Station Wagon||$2,621|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$2,713|
|Honda Odyssey EX||$2,867|
|Nissan Altima 2.5 4-Dr Sedan||$2,891|
|Toyota RAV4 4WD||$2,900|
|Dodge Grand Caravan Hero||$2,891|
|Chevrolet Impala LT||$2,901|
|Toyota Tacoma Double Cab 4WD||$2,915|
|Ford Explorer Eddie Bauer 4WD||$2,923|
|Ford Focus SEL 4-Dr Sedan||$3,020|
|Ford Edge Sport 2WD||$3,044|
|Toyota Corolla XLE||$3,050|
|Honda Civic Hybrid 4-Dr Sedan||$3,068|
|Jeep Grand Cherokee Limited 2WD||$3,077|
|Ford Fusion SEL 4-Dr Sedan||$3,068|
|Chevrolet Malibu LTZ||$3,073|
|Chevrolet Equinox LTZ AWD||$3,068|
|GMC Sierra SL Crew Cab 4WD||$3,075|
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Above prices assume single female 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. Rate quotes do not factor in garaging location in Nevada which can influence auto insurance rates considerably.
Looking at the rates, you can infer that makes and models like the Honda Accord, Hyundai Elantra, Honda CR-V, Ford Escape, and Volkswagen Jetta will be the most budget-friendly vehicles to insure for teen girls. The price for car insurance will tend to be higher because of the fact that there is more exposure for teenage females, but overall those models will most likely have the cheapest rates compared to other vehicles.
For teen girls, one of the more important criteria that aid in calculating car insurance rates is where you keep your vehicle. Areas with increased crime or more people like Winchester, Spring Valley, and Enterprise tend to have more expensive auto insurance rates, whereas less populated areas benefit from lower rates.
The illustration below rates the highest-priced places in Nevada for teenage females to buy auto insurance in.
|6||North Las Vegas||$1,900|
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Rate quotes are estimated as the specific geographic location can change coverage prices considerably.
Get discounts on Nevada insurance rates
Insurers that provide coverage for teenage females may also give you price discounts that can lower rates by 25% or more if you can meet the requirements. Companies and their possible discounts are outlined below.
- State Farm may have discounts that include accident-free, good driver, safe vehicle, multiple autos, student away at school, driver's education, and anti-theft.
- American Family may offer discounts for good driver, bundled insurance, defensive driver, multi-vehicle, air bags, and early bird.
- GEICO has savings for anti-lock brakes, seat belt use, good student, driver training, multi-vehicle, air bags, and federal employee.
- 21st Century has discounts for early bird, air bags, anti-lock brakes, good student, and defensive driver.
- Progressive includes discounts for homeowner, continuous coverage, good student, online quote discount, and multi-policy.
The example below illustrates the comparison of auto insurance rates with and without some available policy discounts. The data is based on a female driver, no claims or driving citations, Nevada state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with paid-in-full, anti-theft, good student, paperless filing, vehicle safety, and passive restraint discounts applied. When taking advantage of discounts, theaverage amount saved on car insurance for teenage females is 28% or $534.
Tickets and at-fault accidents raise rates
The recommended way to receive affordable car insurance prices in Nevada for teen girls is to be a safe driver and avoid accidents and violations. The illustration below illustrates how traffic citations and at-fault fender-benders increase auto insurance rates for each different age category. The information is based on a married female driver, full coverage, $250 deductibles, and no policy discounts are applied.
The data above shows the average cost of auto insurance in Nevada per year with no violations or accidents is $1,663. Factor in two speeding tickets and the average cost hikes up to $2,365, an increase of $702 each year. Then throw in two accidents along with the two speeding tickets and the 12-month cost of car insurance for teenage females in Nevada jumps again to an average of $4,986. That's an increase of $3,323, or $277 per month, just for not driving attentively!
Cost difference between full coverage and liability
Saving money when shopping for car insurance should be important to the majority of people, and one common way to find cheap insurance for teenage females in Nevada is to buy liability only. The example below compares premium costs with full coverage and liability only. The prices are based on no driving violations, no at-fault accidents, $500 deductibles, single status, and no discounts are applied to the premium.
If averaged out across all ages, full coverage on your policy costs $1,455 per year more than buying just liability insurance. That is a large expense and it proposes the question if buying full coverage is worth the money. There is no set guideline to eliminate comp and collision coverage, but there is a general school of thought. If the annual cost of coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.