The words "low-priced" and "auto insurance" really shouldn't be used together, in particular when you are looking for the cheapest car insurance for a school permit. In an attempt to save some money, let's start off by going over some of the factors that significantly impact insurance rates, and figure out some ideas to take a little off the next policy you buy.
For a learners permit, one of the largest components that are looked at to help calculate the price you pay for insurance is where your car is garaged in Henderson. Larger areas will most likely pay more, whereas less populated areas have the luxury of cheap car insurance rates.
The next table shows the priciest cities in Nevada for a school permit to buy auto insurance in. Henderson is listed at #8 with the annual price of $1,749 for the average policy, which is around $146 monthly.
|Rank||City||Average Per Year|
|6||North Las Vegas||$1,882|
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Price information shown is estimated as the specific garaging location can modify rates significantly.
The vehicle model that needs insurance is one of the largest considerations when shopping for cheaper car insurance for a school permit. Vehicles with high performance engines, a lack of advanced safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than more economical and safe models. The data below features insurance premiums for the most budget-friendly automobiles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$7,824|
|Honda CR-V EX 4WD||$7,906|
|Volkswagen Jetta SE 2.5 Station Wagon||$9,011|
|Ford Edge SE AWD||$9,206|
|Toyota RAV4 2WD||$9,287|
|Chevrolet Equinox LT 2WD||$9,292|
|Ford Fusion S 4-Dr Sedan||$9,287|
|Ford Explorer Limited 2WD||$9,369|
|Ford F-150 Lariat Super Cab 2WD||$9,376|
|Toyota Tacoma Double Cab 4WD||$9,369|
|Dodge Grand Caravan SXT||$9,374|
|Chevrolet Silverado LS Regular Cab 2WD||$9,447|
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Data based on single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in specific location which can impact rates noticeably.
Based on these rates, vehicles like the Ford Escape, Honda CR-V, and Toyota Prius should be a few of the most affordable vehicles to insure for a learners permit. The price of auto insurance will trend higher just because there is more inherent risk for a school permit, but in general those vehicles will have the cheapest car insurance rates compared to other vehicles.
Finding good, low-priced car insurance is tough enough, and finding out which company has the lowest-priced insurance rates for a school permit requires a bit more work.
Each company uses slightly different criteria to establish rates, so to begin we'll rank the most budget-friendly insurance companies in Henderson, NV. It's important that readers know that Henderson insurance rates are influenced by many factors that will increase or decrease the price you pay for coverage. This price variation is why Nevada drivers need to compare many different companies when trying to find the most budget-friendly insurance quotes for a school permit. Prices are influenced by many factors and can change without notice, so the most affordable company the last time you compared rates may now be quite expensive.
Best Car Insurance Prices for Students
|Rank||Company||Cost Per Year|
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Travelers may offer some of the most affordable car insurance rates in Henderson at around $912 a year. Allied, Capital, Oregon Mutual, and Progressive also make the cut as some of the most economical Henderson, NV insurance companies.
As illustrated above, if you buy coverage from Oregon Mutual and switched to Travelers, you may see yearly savings of approximately $235. Nevada drivers with Progressive may save as much as $314 a year, and American Family customers might reduce rates by $318 a year.
These policy rates are averages for all ages of drivers and types of vehicles and and are not figured with a specific zip code for a school permit. So the company that can offer you the best price may not even be in the list above. That's why you need to compare prices as often as possible using your own personal information and vehicle type.
Insuring your vehicle with the right car insurance provider can be a challenge considering how many companies there are in Henderson. The company information shown below can help you pick which auto insurers to look at when comparing rate quotes. These rankings are only made up of large nationwide companies, so companies that only write business in Nevada or surrounding areas are not taken into consideration for this list.
Top 10 Large Auto Insurers Overall in Henderson
- American Family
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
- Mercury Insurance
Top 10 Large Auto Insurers in Henderson 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+
Get discounts on Henderson auto insurance
Insurers that sell policies for a school permit may also offer premium discounts that can lower rates by as much as 30% if you meet specific eligibility requirements. The best insurance companies and their offered discounts are included below.
- GEICO may have discounts that include defensive driver, anti-theft, multi-policy, good student, and driver training.
- Auto-Owners Insurance policyholders can earn discounts including multiple vehicles, student away at school, air bags, multi-policy, company car, and safe driver.
- American Family offers discounts for Steer into Savings, good student, mySafetyValet, TimeAway discount, air bags, good driver, and defensive driver.
- Esurance may include discounts for anti-lock brakes, anti-theft, good student, defensive driver, Pac-12 alumni, online shopper, and Switch & Save.
- Progressive offers discounts including online signing, good student, online quote discount, multi-policy, homeowner, multi-vehicle, and continuous coverage.
- State Farm has discounts for defensive driving training, good student, driver's education, good driver, Drive Safe & Save, and safe vehicle.
- AAA includes discounts for good student, education and occupation, multi-policy, multi-car, good driver, and AAA membership discount.
The information below shows the comparison of premium costs with and without discounts applied to the premium. The premiums assume a female driver, no violations or accidents, Nevada state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with anti-theft, good student, passive restraint, continuous coverage, paperless filing, and paid-in-full discounts applied. In this example, theaverage amount saved on insurance for a school permit is 28% or $592.
Why you should be shopping around
Henderson, NV insurance rates are determined by lots of factors that can increase the cost of your policy. Turning one year older, having a claim, or having an accident may prompt premium changes resulting in some rates now being cheaper than before.
Not only that, but car insurance companies change rates multiple times each year in order to offset underwriting gains or losses. Heavy losses can cause increased rates, while profitable underwriting may result in lower-cost Henderson car insurance rates.
To illustrate this example, the data below shows a variety of companies that have the cheapest car insurance in Henderson, NV for a 35-year-old female driver with a good driving record, no prior claims, and good financial standing. Based on her current rating profile, Travelers may have the best car insurance rates in Henderson at $1,417 per year. This is $157 less than the average policy premium paid by Nevada drivers of $1,574. Allied, Capital, Oregon Mutual, and GEICO are also on the list of the cheapest Henderson, NV auto insurance companies.
Now let's give the driver from the above example a chargeable accident, a lower credit rating, and a blemish on her driving record. Since each auto insurer has their own unique process for filing rates in each state, analyzing rates most likely will result in a slightly different list of the cheapest Henderson car insurance companies as shown below.
Progressive now has the cheapest auto insurance in Henderson, NV with Nationwide, USAA, Allied, and Safeco now rounding out the top five. This example demonstrates why it is so important to shop around when trying to find the cheapest car insurance rates for a school permit. Insurance prices are determined by many factors and change substantially, so the lowest-price company the last time you shopped your coverage around may now be one of the higher cost companies.
If you aren't clear which coverage you need and would like to have a consultation when comparing insurance rates for a school permit, the agents shown below are willing to answer your questions and help you decide which coverages and limits you need. To find an agent near you, click the link after the list.
Farmers Insurance Group: Hesselgesser Insurance Agency
229 N Pecos Rd #110 - Henderson, NV 89074 - (702) 434-1230
Farmers Insurance - Bonnie Grant
223 S Water St b - Henderson, NV 89015 - (702) 279-4299
All Nevada Insurance
10624 S Eastern Ave # L - Henderson, NV 89052 - (800) 701-5909
How to find low-cost insurance for a school permit
It's not impossible to find cheaper rates, and here are some money-saving solutions that can help drivers find cheaper auto insurance.
- Drive a car with a high safety rating
- Increase your credit rating
- Avoid filing small claims
- Higher physical damage deductibles lower rates
- Bundle home and auto and save
- Save money by insuring older vehicles for liability only
- Keep rates low by comparing prices once a year
The last tip in the list is remarkably significant, as we emphasized in the prior article. Coverage rates in Henderson can be adjusted at any time, so don't be afraid to change insurance companies if a cheaper rate is available.
Many drivers tend to have loyalty to a certain company, but it's not a good idea if that devotion results in you overpaying a lot of money every month. Now is a great time to shop around and find cheaper auto insurance for a school permit.