The words "low-cost" and "insurance" really shouldn't be used together, in particular when comparison shopping for the best price on coverage with multiple speeding tickets. To help control this cost, let's introduce you to some of the factors that have a considerable impact on car insurance rates, and see if we can help you take a little off your next policy.
Deciding which company offers the cheapest auto insurance rates with multiple speeding tickets in Nevada will involve more work in order to find the lowest price quote. Each company has a different formula for establishing rates, so let's take a look at the lowest cost auto insurance companies in Nevada.
We do need to point out that Nevada auto insurance rates are influenced by many factors that control the cost of coverage. Improving your credit score, becoming a homeowner, or having an accident may prompt premium changes that can make some companies affordable when they were higher priced.
Best Cheap Insurance Rates with License Points
|Rank||Company||Cost Per Year|
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Allied quotes some of the cheapest car insurance rates in Nevada at around $921 a year. Travelers, Capital, Oregon Mutual, and American Family also qualify as some of the more affordable Nevada car insurance companies.
As shown above, if you are currently insured with Capital and switched to Allied, you might achieve a yearly price reduction of about $97. Insureds with Oregon Mutual could save as much as $261 a year, and American Family policyholders might reduce rates by $273 a year.
To get a fast rate comparison, click here to start your custom quote or visit any of the low-priced companies below.
Bear in mind that those rates are averaged across all insureds and vehicles and and are not calculated with a price decrease with multiple speeding tickets. So the company that has the lowest price for you may not even be in the top 20 companies in the list above. That is why you need to compare rates from multiple companies using your own driver data and vehicle information.
The type of vehicle requiring insurance is a large factor when comparing the best car insurance with multiple speeding tickets. Vehicles with high performance features, poor safety ratings, or high incidents of liability claims will cost quite a bit more to insure than more economical and safe models.
The list below showcases auto insurance prices for a selection of the most cost-effective automobiles to insure in Nevada.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$953|
|Ford Escape XLS 4WD||$1,016|
|Hyundai Elantra SE Touring Station Wagon||$1,129|
|GMC Sierra SLE Crew Cab 2WD||$1,139|
|Jeep Grand Cherokee Laredo 2WD||$1,129|
|Jeep Wrangler Sahara 4WD 2-Dr||$1,136|
|Dodge Grand Caravan SXT||$1,151|
|Toyota Tacoma 4WD||$1,167|
|Ford Edge SE AWD||$1,182|
|Honda Odyssey EX||$1,204|
|Honda Civic DX 4-Dr Sedan||$1,209|
|Chevrolet Impala LS||$1,204|
|Nissan Altima 2.5 4-Dr Sedan||$1,213|
|Chevrolet Malibu LS||$1,204|
|Volkswagen Jetta 2.0T Station Wagon||$1,217|
|Toyota RAV4 Limited 4WD||$1,230|
|Chevrolet Equinox LS AWD||$1,235|
|Chevrolet Silverado 3500HD LTZ Crew Cab 2WD||$1,256|
|Ford F-150 Lariat Crew Cab 2WD||$1,261|
|Ford Explorer Limited 2WD||$1,256|
|Honda Accord LX-S 2-Dr Coupe||$1,271|
|Dodge Ram 2500 Crew Cab ST 2WD||$1,293|
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Price data assumes single male driver age 30, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, and multi-vehicle. Estimates do not factor in vehicle garaging location which can raise or lower premium rates considerably.
Looking at the rates, you can see that makes and models like the Honda CR-V, Ford Escape, Toyota Prius, Hyundai Elantra, and GMC Sierra are most likely going to be the most affordable vehicles to insure after a few driving violations.
The information below illustrates how choosing a deductible can change insurance rates when trying to find cheap insurance with multiple speeding tickets in Nevada. The information is based on a single female driver, full coverage, and no discounts are taken into consideration.
The chart above illustrates that a 50-year-old driver could lower their car insurance rates by $244 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $370 by using a $1,000 deductible. Young drivers, like the Age 20 category, could potentially save up to $620 or even more just by choosing higher deductibles.
When increasing deductibles, it will be necessary to have additional savings on hand to cover the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
Safe drivers pay less for auto insurance
In a perfect world, the best way to score affordable auto insurance premiums in Nevada after a few driving violations is to pay attention while driving and avoid accidents and traffic violations. The example below highlights how traffic violations and accidents can impact car insurance rates for different age categories. The data assumes a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.
In the prior example, the average cost of auto insurance in Nevada per year with no accidents or violations is $1,466. Add in one speeding ticket and the average cost surges to $1,690, an increase of $224 each year. Now add in two accidents along with the one speeding ticket and the annual cost of auto insurance with multiple speeding tickets in Nevada goes up to an average of $3,792. That's an increase of $2,327, or $194 per month, just for not driving responsibly!
Get discounts on Nevada insurance rates
Insurance companies that offer quotes with multiple speeding tickets may have discounts that could potentially reduce rates by 25% or more if you meet specific eligibility requirements. A few of the larger companies and some of their more popular discounts are detailed below.
- Travelers offers discounts including hybrid/electric vehicle, save driver, driver training, IntelliDrive, early quote, multi-policy, and continuous insurance.
- 21st Century includes discounts for student driver, anti-lock brakes, air bags, theft prevention, 55 and older, and early bird.
- State Farm offers discounts for anti-theft, multiple policy, safe vehicle, passive restraint, and student away at school.
- GEICO has savings for membership and employees, multi-policy, driver training, anti-lock brakes, and anti-theft.
- SAFECO has discounts for drive less, homeowner, bundle discounts, anti-theft, multi-car, safe driver, and accident prevention training.
- AAA may offer discounts for education and occupation, AAA membership discount, anti-theft, good driver, pay-in-full, good student, and multi-policy.
The information below shows the difference between insurance costs with and without discounts. The price estimates are based on a female driver, one traffic citation and no accidents, Nevada state minimum liability limits, full physical damage coverage, 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, multiple vehicle, homeowner, paperless filing, anti-theft, and multiple policy discounts applied. When these discounts are applied to the policy premium, the average savings per year on auto insurance with multiple speeding tickets is 28% or $649.
How to find cheaper insurance with multiple speeding tickets
The list below shows a few money-saving solutions that can help drivers buy cheap car insurance.
- Tickets and violations raise rates
- Do not insure for full coverage
- At-fault accidents can raise rates significantly
- Better credit rating means better rates
- Higher comprehensive and collision coverage deductibles will save money
- Safer vehicles cost less to insure
- Shop around for lower rates once a year
The last idea is notably critical, as was noted in the prior article. Coverage prices can change considerably in a year, so don't be tentative to change to a new company if a more affordable price is available.
Loyalty to a specific company is fine, but is isn't recommended if that devotion results in you overpaying major coinage every year. Take a couple minutes and compare prices and find cheaper insurance with multiple speeding tickets.