You have most likely seen the ads from car insurance companies like Nationwide, GEICO, and Farmers that claim enormous savings, so you should just select the one with the best jingle, right?
It's just not that simple, as there are many unknown factors like the number of miles you drive in a year, the deductible level you need, and whether you are female or male, that all have an effect on the price of a policy. If you keep reading, we will teach you about these topics and will hopefully give you a good beginning to your search for cheaper coverage.
Finding good, low-priced auto insurance is confusing at best, and determining which companies quote the lowest-priced auto insurance rates for drivers over age 60 in Nevada may require even more work. Rates should be a little bit lower-priced than the state average due to the potential for fewer claims that comes with selling insurance for older drivers. Cost-effective coverage should be attainable without looking to hard.
Every insurance provider has a unique formula for filing rates in each state, so let's begin by taking a look at the most affordable auto insurance companies in Nevada. It's a good idea to know that Nevada auto insurance rates are impacted by many things which can substantially decrease or increase the price you pay for coverage. Events such as a birthday, buying a higher-value vehicle, or getting a reckless driving citation can cause premium changes resulting in some rates now being more expensive than others.
Compare Cheap Insurance Quotes for Age 60+
|Rank||Company||Cost Per Year|
|Find Cheaper Rates Go|
Allied may offer some of the lowest car insurance rates in Nevada at around $911 a year. This is $663 less than the average policy premium paid by Nevada drivers of $1,574. Travelers, Capital, American Family, and Oregon Mutual also make the cut as some of the cheapest Nevada auto insurance companies.
As the example above demonstrates, if you currently have a policy with American Family and switched to Allied, you could earn yearly savings of about $271. Policyholders with Oregon Mutual could save as much as $271 a year, and Progressive customers might reduce rates by $315 a year.
To discover how much you can save, click here to start your free quote or click through to the companies below.
Bear in mind that those premiums are averaged for all insureds and vehicles and and are not figured with a price discount for drivers over age 60. So the company that has the lowest price for you may not even be in the list above. That emphasizes why you need to get auto insurance quotes using your own individual information.
For older drivers, one of the more important considerations that help determine car insurance rates is where you call home. More populated areas like Winchester, Sunrise Manor, and Las Vegas will most likely pay more, whereas areas with lower crime rates and fewer weather claims tend to receive slightly lower rates.
The table below shows the highest-priced areas in Nevada for drivers over age 60 to buy car insurance in.
|6||North Las Vegas||$1,900|
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Price information shown is estimated as the specific zip code location can change coverage rates considerably.
The vehicle model on the policy is a large factor when comparing cheap auto insurance for drivers over age 60. Vehicles with lower performance, advanced safety features, or a track record of few liability claims will cost quite a bit less to insure than fast, unsafe models.
The list below features coverage rates for some of the cheaper vehicles to buy insurance for.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLT 4WD||$664|
|Honda CR-V EX-L 2WD||$669|
|Hyundai Elantra SE Touring Station Wagon||$704|
|Ford Edge SE 2WD||$714|
|Ford Explorer Eddie Bauer 2WD||$727|
|Ford F-150 XLT Super Cab 2WD||$736|
|Toyota Tacoma 4WD||$727|
|Chevrolet Impala LT||$767|
|GMC Sierra SLE Crew Cab 2WD||$776|
|Toyota Camry LE||$767|
|Toyota RAV4 Sport 4WD||$776|
|Chevrolet Malibu LS||$767|
|Find Cheaper Rates Go|
Table data assumes single male driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Premium costs do not factor in vehicle location which can alter prices noticeably.
Based upon these rates, you can see that cars like the Ford Escape, Honda CR-V, Hyundai Elantra, and Ford Edge are likely to be the more affordable vehicles to insure for older drivers.
Illustration showing the impact of accidents and violations
The easiest method to receive cheap auto insurance prices in Nevada for older drivers is to be an attentive driver and maintain a clean driving record. The illustration below highlights how speeding tickets and fender-benders can influence yearly insurance costs for each age group. The data is based on a single female driver, full coverage, $100 deductibles, and no discounts are applied to the premium.
The data above shows the average cost of an auto insurance policy in Nevada per year with no violations or accidents is $2,243. Receive two speeding tickets and the average cost rises to $3,019, an increase of $777 each year. Then include one accident along with the two speeding tickets and the 12-month cost of auto insurance for drivers over age 60 in Nevada goes up to an average of $3,815. That's an increase of $1,572, or $131 per month, just for not driving attentively!
Buying coverage from the highest-rated insurance provider can be difficult considering how many companies there are to choose from in Nevada. The ranking data in the lists below could help you decide which car insurance companies you want to consider when buying insurance for drivers over age 60. These rankings are only made up of insurance companies that insure vehicles in the majority of U.S. states, so companies that may only write in Nevada are not included in the list.
Top 10 Large Auto Insurance Providers in Nevada Ranked by A.M. Best Rating
- USAA - A++
- Travelers - A++
- GEICO - A++
- State Farm - A++
- The Hartford - A+
- Esurance - A+
- Nationwide - A+
- Allstate - A+
- Mercury Insurance - A+
- Titan Insurance - A+
Top 10 Large Auto Insurance Providers in Nevada Ranked by Value
- American Family
- The Hartford
- Titan Insurance
- The General
- AAA Insurance
- State Farm
- Mercury Insurance
Last year's bargain might be this year's rip off
Nevada auto insurance rates are influenced by many factors that will increase or decrease the cost of a policy. Simply improving your credit, having a claim, or getting into an accident can cause premium changes that can now make some companies cheaper than before.
And not only may your rating factors change, but car insurance companies amend pricing as often as every quarter to reflect underwriting profits or losses. Significantly higher claims can cause higher rates, while profitable underwriting may produce lower-priced Nevada car insurance rates.
As an example, the data below shows which company has the cheapest car insurance in Nevada for a 30-year-old female driver with no prior claims, no tickets, and good credit. When quoting prices based on her current risk profile, Travelers might offer the lowest car insurance rates in Nevada at $930 each year. This is $644 less than the average premium paid by Nevada drivers of $1,574. Allied, Capital, Oregon Mutual, and American Family are also included in the top five cheapest Nevada auto insurance companies.
In this example, we will give the driver from the above example an accident claim, poor credit, and a few traffic violations. Since each auto insurer uses a different method for filing rates in each state, comparing insurance quotes may result in a significantly different list of affordable Nevada car insurance companies as shown below.
GEICO now has the lowest price in Nevada with Nationwide, Safeco, USAA, and Allied now being in the top five. This example illustrates why consumers need to take the time to perform an extensive rate comparison when trying to find the most economical car insurance rates for drivers over age 60.
Prices can be altered by many risk factors and can increase or decrease at any time, so the cheapest option the last time you compared rates may now be quite expensive.