For drivers in Henderson, one of the big things that are used to help calculate the annual cost of car insurance is the neighborhood you call home. Cities with larger populations tend to have more expensive auto insurance rates, whereas less populated areas get the luxury of paying less.
The information below sorts the highest-priced places in Nevada to buy auto insurance in. Henderson is ranked at #8 with an annual premium of $1,767 for the average insurance policy, which is approximately $147 each month.
|6||North Las Vegas||$1,882|
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Information shown are approximated as the specific zip code location can modify coverage rates greatly.
Having seen where Henderson ranks price-wise, establishing which insurers offer the best insurance rates in Henderson will require more work in order to find the most economical policy. Every auto insurer uses a different method for setting prices, so to begin we'll rank the most competitive insurance companies in Henderson, NV.
We do need to point out that Henderson insurance rates are calculated based on many things which can substantially decrease or increase the cost of coverage. Turning one year older, having a claim, or getting into an accident can trigger rate changes that can cause some rates to be cheaper than before.
Compare Cheap Insurance Quotes in Henderson
Allied generally has some of the lowest car insurance rates in Henderson at around $911 a year. Travelers, Capital, Oregon Mutual, and American Family would also make the list of some of the cheapest Henderson, NV auto insurance companies.
As shown above, if you are currently insured with Capital and switched to Allied, you may see yearly savings of approximately $67. Insureds with Oregon Mutual could save as much as $236 a year, and American Family policyholders might realize rate reductions of up to $283 a year.
Understand that those prices are averages for all ages of drivers and types of vehicles and and are not calculated with a specific location in Henderson. So the insurer that fits your needs best may not even be in the list above. That underscores the importance of why you need to quote rates from as many companies as possible using your own specific driver information and vehicle.
The vehicle requiring insurance is probably the biggest factor when comparing affordable coverage in Henderson. Vehicles with lower performance, excellent safety ratings, or low incidents of liability claims will cost quite a bit less to insure than higher performance models. The next list features coverage rates for the more affordable automobiles to insure in Nevada.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$2,050|
|Volkswagen Jetta S 2.5 Station Wagon||$2,226|
|Honda CR-V EX 4WD||$2,408|
|Jeep Grand Cherokee Laredo 2WD||$2,431|
|Toyota RAV4 Sport 2WD||$2,440|
|Chevrolet Equinox LS 2WD||$2,431|
|Toyota Camry LE||$2,436|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$2,476|
|Ford Explorer Eddie Bauer AWD||$2,485|
|Ford Escape XLT 2WD||$2,519|
|Toyota Corolla LE||$2,558|
|Jeep Wrangler Sport 4WD 2-Dr||$2,606|
|Chevrolet Silverado LT Regular Cab||$2,610|
|Ford Edge SEL AWD||$2,737|
|Kia Optima EX||$2,782|
|Nissan Altima 2.5 4-Dr Sedan||$2,789|
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Table data represents single female 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. Price estimates do not factor in vehicle garaging location which can lower or raise coverage rates noticeably.
Looking at the rates, you can conclude that models like the Hyundai Elantra, Volkswagen Jetta, Honda CR-V, and Jeep Grand Cherokee are most likely going to be a few of the most economical vehicles to insure for drivers in Henderson.
Impact of speeding/accidents on auto insurance rates
The obvious way to score affordable auto insurance rates for drivers in Henderson is to be a cautious driver and avoid traffic citations and accidents. The example below highlights how speeding tickets and accident claims can affect auto insurance rates for different categories of driver ages. The prices are based on a married female driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.
In the previous chart, the average cost of car insurance in Henderson per year with no violations or accidents is $1,663. Factor in one speeding ticket and the average cost increases to $1,936, an increase of $273 each year. Now include two accidents along with the one speeding ticket and the annual cost of auto insurance in Henderson goes up to an average of $4,326. That's an increase of $2,663, or $222 per month, just for not maintaining a clean driving record!
The diagram below highlights how deductible selection can raise or lower insurance prices when searching for cheap insurance in Henderson. The data assumes a single female driver, comprehensive and collision coverage, and no other discounts are factored in.
In the chart above, a 40-year-old driver could lower rates by $332 a year by changing from a $100 deductible to a $500 deductible, or save $500 by switching to a $1,000 deductible. Even younger drivers, like the 20-year-old category, can cut $848 or even more by using a higher deductible.
When choosing a higher deductible, it is necessary to have plenty of savings on hand to enable you to pay the extra out-of-pocket expense that comes with higher deductibles.
Tips to find economical auto insurance in Henderson
The list below shows some of the better penny-pinching suggestions that can help drivers buy low-cost car insurance.
- Don't waste money on full coverage for older vehicles
- Keep your driving record clean
- Drive safe vehicles
- Improve your credit score
- Avoid accidents
- Increase deductibles to save money
- Comparison shop at least every other year
The last suggestion is extremely necessary, as was affirmed in the article above. Rates fluctuate constantly, so don't be tentative to change to a new company if you can find a cheaper rate. Staying with the same company for years is fine, but it's not a good idea if that loyalty results in overpaying lots of hard earned cash every month. If you have a few minutes, compare rates and find cheaper auto insurance in Henderson.