One of the more important components that help determine the amount you pay for auto insurance is where you choose to live in Elko. Cities with more crime and/or more people tend to have more expensive car insurance rates, whereas areas with less congestion tend to receive cheaper rates.

The illustration below ranks the highest-priced places in Nevada to purchase a policy in. Elko is listed at #20 having an annual price of $1,125 for the average policyholder, which is approximately $94 each month.

How much is car insurance in Elko?
Rank City Average Per Year
1 Winchester $2,116
2 Paradise $2,061
3 Spring Valley $2,060
4 Sunrise Manor $2,029
5 Las Vegas $1,873
6 Enterprise $1,870
7 North Las Vegas $1,844
8 Henderson $1,767
9 Boulder City $1,557
10 Mesquite $1,351
11 Pahrump $1,337
12 Sparks $1,265
13 Reno $1,256
14 Sun Valley $1,253
15 Spanish Springs $1,229
16 Carson City $1,170
17 Gardnerville Ranchos $1,138
18 Fernley $1,137
19 Dayton $1,130
20 Elko $1,125
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Premium costs are comparative as the specific Elko residence address can affect premium rates greatly.

Knowing where Elko ranks for car insurance prices, trying to find budget auto insurance is tough enough, and figuring out which companies offer the cheapest insurance rates in Elko will take even more diligence. Every insurance company has a proprietary method to determine premium rates, so we'll take a look at the insurance companies with the overall cheapest rates in Nevada.

It's a good idea to know that Elko insurance rates are calculated based on many things which can substantially change the price you have to pay for coverage. That is why it is so important to do a thorough rate comparison to find the most budget-friendly insurance quotes in Elko. Insurance rates can be determined by many factors and change dramatically, so the cheapest rate three years ago may now be wasting a lot of money.

Compare Cheap Insurance Quotes in Elko

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Cheapest Nevada auto insurance companies
Rank Company Cost Per Year
1 Allied $921
2 Travelers $930
3 Capital $978
4 Oregon Mutual $1,193
5 Progressive $1,202
6 American Family $1,218
7 GEICO $1,232
8 Nationwide $1,295
9 USAA $1,297
10 Safeco $1,346
11 Farmers $1,438
12 MetLife $1,567
13 Country $1,602
14 State Farm $1,749
15 Mercury $1,807
16 Victoria $2,073
17 Liberty Mutual $2,227
18 Bristol West $2,313
19 Allstate $2,314
20 Encompass $2,630
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Allied may offer some of the cheapest car insurance rates in Elko at around $921 annually. Travelers, Capital, Oregon Mutual, and Progressive also are some of the most economical Elko, NV insurance companies.

In the rate table above, if you currently have coverage with Capital and switched to Allied, you might realize annual savings of approximately $57. Customers with Oregon Mutual may save as much as $272 a year, and Progressive customers might cut rates by $281 a year.

To get a quick, customized rate comparison, click here or quote rates from the companies below.

Understand that those policy rates are averages for all types of insureds and vehicles and and are not figured with a vehicle location in Elko. So the company that is best suited for you may not even be in the list above. That emphasizes why you need to compare as many prices as possible using your own driver information and specific vehicle type.

The car, truck, or SUV you are seeking coverage for is one of the biggest factors when shopping around for the lowest-priced auto insurance in Elko. Vehicles with economical engines, good safety features, or a track record of few liability claims will cost significantly less to insure than fast, unsafe models. The data below outlines coverage rates for the cheaper automobiles to insure in Nevada.

Cheapest Vehicles to Insure in Elko, NV
Make and Model Estimated Cost for Full Coverage
Hyundai Elantra GLS Touring Station Wagon $815
Ford Escape XLT 4WD $833
Honda CR-V EX-L 2WD $842
Chevrolet Impala LS $943
Toyota Camry LE $961
Toyota Prius $990
Honda Accord EX-L 4-Dr Sedan $992
Ford Explorer XLT 4WD $994
Toyota Tacoma X-Runner 2WD $1,014
Honda Odyssey EX-L $1,021
Kia Optima LX $1,032
Ford Focus S 4-Dr Sedan $1,037
Dodge Grand Caravan CV $1,032
Volkswagen Jetta SE 2.5 Station Wagon $1,046
Toyota RAV4 2WD $1,053
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Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Premium amounts do not factor in specific location information which can modify coverage rates significantly.

By looking at the data, cars like the Hyundai Elantra, Ford Escape, Honda CR-V, Chevrolet Impala, and Toyota Camry are going to be a few of the most budget-friendly vehicles to insure for drivers in Elko.

Bad driving habits will cost you more

The easiest method to snag the most affordable auto insurance rates for drivers in Elko is to be a cautious driver and maintain a clean driving record. The illustration below highlights how speeding tickets and fender-benders influence insurance premiums for each different age group. The prices are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are factored in.

The data above shows the average cost of a car insurance policy in Nevada per year with no accidents and a clean driving record is $1,387. Get two speeding tickets and the average cost jumps to $1,852, an increase of $466 each year. Next add two accidents along with the two speeding tickets and the yearly cost of auto insurance in Elko goes up to an average of $3,669. That's an increase of $2,283, or $190 per month, just for a couple of infractions!

Ideas to find low-cost auto insurance in Elko

The list below summarizes some of the better penny-pinching solutions that can help drivers get cheap coverage.

The last tip in the list is incredibly important, as we discussed in the prior information. Prices charged by auto insurers adjust frequently, so don't be afraid to change insurance companies if you can save money. Loyalty to a specific company is fine, but it's not a good idea if that dedication is costing a considerable chunk of change every month. If you have a few minutes, now is a great time to compare prices and find cheaper car insurance in Elko.