Comparing quotes for cheap insurance is not easy, and finding out which companies offer the best car insurance rates in Paradise will involve more quotes for comparison. Every insurance provider uses their own formula for determining rates in each state, so we need to take a look at the car insurance companies with the most affordable rates in Paradise, NV.

It's a good idea to be aware that Nevada car insurance rates are determined by lots of factors which can substantially decrease or increase the policy premium. That is why it is so important to shop around to find cheap car insurance rates in Paradise. Auto insurance prices can be altered by many things and can change without notice, so the cheapest rate the last time you shopped around may now be one of the higher cost companies.

Cheapest insurance companies in Nevada
Rank Company Cost Per Year
1 Allied $921
2 Travelers $930
3 Capital $1,008
4 Oregon Mutual $1,158
5 Progressive $1,202
6 American Family $1,230
7 GEICO $1,256
8 Nationwide $1,295
9 Safeco $1,306
10 USAA $1,323
11 Farmers $1,496
12 Country $1,602
13 MetLife $1,631
14 State Farm $1,732
15 Mercury $1,753
16 Victoria $2,011
17 Liberty Mutual $2,183
18 Allstate $2,385
19 Bristol West $2,407
20 Encompass $2,604
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Allied may offer some of the best car insurance rates in Paradise at around $921 a year. This is $653 less than the average rate paid by Nevada drivers of $1,574. Travelers, Capital, Oregon Mutual, and Progressive also make the cut as some of the lowest-priced Paradise, NV insurance companies.

As the example above demonstrates, if you have coverage with Travelers and switched to Allied, you might achieve an annual savings of approximately $9. Insureds with Capital may save as much as $87 a year, and Oregon Mutual insureds might reduce rates by $237 a year.

If you want to see how much you could save, click here or visit any of the companies below.

Bear in mind that those policy prices are averaged across all types of drivers and the different vehicles they drive and and are not figured with an exact vehicle garaging location in Paradise. So the car insurance company that fits your age and vehicle best may not even be in the list above. That is why you need to get rate quotes using your own driver and vehicle profiles.

One of the many criteria that aid in calculating the amount you pay each year for auto insurance is the neighborhood you call home. Areas with a lot of weather claims or more people tend to have higher rates, whereas areas with less people or fewer weather incidents tend to receive cheaper rates.

The table below ranks the most expensive places in Nevada in which to purchase auto insurance. Paradise is ranked at #3 costing $2,061 for the average policyholder, which is approximately $172 each month.

Car insurance prices in Paradise
Rank City Annual Premium
1 Winchester $2,116
2 Sunrise Manor $2,069
3 Paradise $2,061
4 Spring Valley $2,000
5 Las Vegas $1,930
6 Enterprise $1,851
7 North Las Vegas $1,826
8 Henderson $1,715
9 Boulder City $1,557
10 Pahrump $1,377
11 Mesquite $1,365
12 Reno $1,282
13 Sparks $1,278
14 Spanish Springs $1,253
15 Sun Valley $1,253
16 Carson City $1,170
17 Dayton $1,141
18 Gardnerville Ranchos $1,138
19 Spring Creek $1,125
20 Elko $1,114
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Prices are approximated as the specific geographic location can impact auto insurance rates substantially.

The vehicle you are trying to insure is one of the biggest factors in finding economical coverage in Paradise. Vehicles with lots of horsepower, a lack of advanced safety features, or a history of substantial liability claims will cost significantly more to insure than more economical and safe models.

The list below illustrates coverage prices for the most affordable vehicles to buy coverage for.

Cheapest Vehicles to Insure in Paradise, NV
Vehicle Insured Estimated Cost for Full Coverage
Hyundai Elantra GLS Touring Station Wagon $2,768
Ford F-150 XLT Crew Cab 2WD $3,108
Ford Explorer XLT 4WD $3,118
Honda Accord LX 4-Dr Sedan $3,172
Ford Escape XLT 2WD $3,177
Honda CR-V EX 2WD $3,172
Chevrolet Silverado LS Extended Cab 4WD $3,278
Volkswagen Jetta LE 4-Dr Sedan $3,283
Toyota RAV4 2WD $3,278
Toyota Tacoma X-Runner 2WD $3,448
Honda Civic Hybrid 4-Dr Sedan $3,508
Toyota Corolla XRS $3,514
Nissan Rogue SL AWD $3,686
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Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Premium costs do not factor in garaging location in Paradise, NV which can impact premium rates substantially.

Looking at the rates, we can infer that models like the Hyundai Elantra, Ford F-150, Ford Explorer, and Honda Accord are likely to be a few of the cheaper vehicles to insure for drivers in Paradise.

Full coverage versus liability only rates

Saving money when shopping for insurance is the goal of the majority of vehicle owners, and one easy way to buy cheap insurance in Paradise is to buy only liability coverage. The example below visualizes the comparison of auto insurance costs with liability coverage only compared to full coverage. The data is based on no violations or accidents, $500 deductibles, single status, and no additional discounts are factored in.

If all age groups are averaged, full coverage costs an additional $1,455 per year more than insuring for liability only. That is a significant amount which raises the question if you should buy full coverage. There is no exact formula to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of coverage is 10% or more of the vehicle's replacement cost less your deductible, then it could be time to drop full coverage.

For example, let's say your vehicle's replacement value is $10,500 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, you would only receive $9,500 after the deductible is paid. If you are currently paying more than $950 a year for full coverage, then it might be time to buy liability only.