Who Has Cheap Auto Insurance Quotes for 19 Year Olds in Henderson?

This would be a much shorter article if we could simply tell you the one company in Nevada that has the lowest rates in Nevada. It’s just not that easy, however, as there are a ton of unknowns like if you are married, if you have a tendency to get into accidents, and how well you maintain your credit, that all impact the cost of your policy. The content below covers the best ways to save money and hopefully give you enough understanding to have a good start in finding the cheapest car insurance in Nevada.

The car, truck, or SUV requiring insurance is one of the main factors when consumers are trying to find low-priced auto insurance for 19 year olds. Vehicles with high performance engines, a lack of advanced safety features, or a high likelihood of having liability claims will cost more to insure than more modest models. The next table shows auto insurance costs for a handful of the cheaper automobiles to insure.

Cheapest Vehicles to Insure in Henderson, NV
Insured Vehicle Estimated Cost for Full Coverage
Hyundai Elantra GLS Touring Station Wagon $6,741
Honda CR-V LX 2WD $6,749
Ford Escape XLT 4WD $6,825
Ford F-150 XL Regular Cab 2WD $6,973
Toyota Prius $7,379
Ford Edge Limited 2WD $7,911
Chevrolet Silverado LT Extended Cab 4WD $7,995
Volkswagen Jetta S 4-Dr Sedan $8,001
Chevrolet Equinox LT AWD $7,995
Toyota RAV4 4WD $8,002
Dodge Grand Caravan SXT $8,082
Ford Explorer Limited 2WD $8,088
Toyota Tacoma Double Cab TRD Sport Package 4WD $8,082
Honda Civic VP 4-Dr Sedan $8,382
Honda Odyssey EX-L W/Navigation $8,465
Toyota Camry XLE $8,474
Toyota Corolla XLE $8,465
Chevrolet Impala LTZ $8,470
Chevrolet Malibu LTZ $8,552
Jeep Grand Cherokee SRT-8 4WD $8,562
Nissan Altima Hybrid 4-Dr Sedan $8,552
Ford F-350 XL Crew Cab Turbo Diesel 2WD $8,727
Jeep Wrangler Unlimited Rubicon 4WD 4-Dr $8,788
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Data based on single male driver age 19, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include safe-driver, and claim-free. Estimates do not factor in the specific area where the vehicle is garaged which can revise coverage rates significantly.

Based on these rates, makes and models like the Hyundai Elantra, Honda CR-V, Ford Escape, and Ford F-150 are going to be the less-costly vehicles to insure for teenage drivers. The price of auto insurance will tend to be higher because of the fact that there is more exposure for 19 year olds, but generally speaking those specific models will have the lowest insurance rates compared to all other vehicles.

Finding out which company offers the cheapest auto insurance rates for 19 year olds involves a tad more effort than just comparing a company or two. Each insurer has their own process for setting rates, so let’s take a look at the lowest cost auto insurance companies in Henderson, NV.

Best Auto Insurance Prices for Teens

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Who has the cheapest car insurance in Nevada?
Rank Company Cost Per Year
1 Travelers $903
2 Allied $939
3 Capital $1,018
4 American Family $1,182
5 Oregon Mutual $1,182
6 GEICO $1,232
7 Progressive $1,238
8 Nationwide $1,282
9 USAA $1,297
10 Safeco $1,320
11 Farmers $1,496
12 MetLife $1,567
13 Country $1,619
14 State Farm $1,749
15 Mercury $1,807
16 Victoria $2,011
17 Liberty Mutual $2,183
18 Allstate $2,337
19 Bristol West $2,407
20 Encompass $2,604
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Travelers generally has some of the cheapest car insurance rates in Henderson at around $903 annually. This is $671 less than the average premium paid by Nevada drivers of $1,574. Allied, Capital, American Family, and Oregon Mutual would also make the list of some of the cheaper Henderson, NV auto insurance companies.

As the rates illustrate above, if you currently have a policy with Capital and switched to Travelers, you could realize a yearly savings of in the vicinity of $115. Insureds with American Family may save as much as $279 a year, and Oregon Mutual insureds might realize rate reductions of up to $279 a year.

Remember that these prices are averages for all drivers and vehicles and and are not calculated with an exact zip code location for 19 year olds. So the auto insurance company that can offer you the best price may not even be in the top 20 companies in the list above. That’s why you need to quote rates from many companies using your own specific driver information and vehicle.

Full coverage rates vs. liability-only in Henderson

Saving on auto insurance is the goal of most vehicle owners, and one great way to find cheaper insurance for 19 year olds is to not pay for full coverage. The diagram below compares insurance prices with full physical damage coverage and with liability coverage only. The premiums are based on no violations or claims, $100 deductibles, marital status is single, and no policy discounts are applied.

If averaged out across all ages, comprehensive and collision coverage on your policy costs $1,969 per year more than carrying just liability coverage. That is a large expense and it proposes the question if buying full coverage is worth the expense. There is no written rule of when to phase out comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is 10% or more of any settlement you would receive from your insurance company, then it might be time to buy liability only.

There are some cases where buying only liability insurance is not financially feasible. If you haven’t paid off your loan, you are required to maintain full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.

Buying coverage from the right auto insurance provider can be a challenge considering how many different companies there are to choose from in Henderson. The rank data shown next can help you decide which insurers to look at comparing price quotes from. These ratings are only made up of large, nationwide insurance companies, so companies that focus mainly on Nevada business are not factored into the list.

Top 10 Major Auto Insurance Providers in Henderson Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. Titan Insurance
  5. The General
  6. AAA Insurance
  7. State Farm
  8. Mercury Insurance
  9. Nationwide
  10. Safeco

Top 10 Major Auto Insurance Providers in Henderson Ranked by Customer Service

  1. GEICO
  2. State Farm
  3. The Hartford
  4. Mercury Insurance
  5. The General
  6. Progressive
  7. Allstate
  8. AAA Insurance
  9. American Family
  10. Nationwide

How accidents and tickets impact rates

In a perfect world, the ideal way to receive good auto insurance rates for teenage drivers is to drive carefully and avoid traffic citations and accidents. The example below illustrates how violations and at-fault collisions influence car insurance costs for different age groups. The prices are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

In the previous example, the average cost of an auto insurance policy in Nevada per year with no violations or accidents is $2,057. Receive two speeding tickets and the average cost rises to $2,850, an increase of $792 each year. Now add two accidents along with the two speeding tickets and the 12-month cost of auto insurance for 19 year olds goes up to an average of $5,640. That’s an increase of $3,582, or $299 per month, just for not being a responsible driver!

How to find budget-friendly car insurance for 19 year olds

It is possible to find better rates, and here are many thrifty solutions that can help Nevada drivers buy more affordable coverage.

That last tip is certainly critical, as was noted in this write-up. Prices in Henderson can change considerably based on profitability, so don’t be tentative to switch companies if you can save money. Having brand loyalty is commendable, but it isn’t a good idea if your bullheadedness ends up costing you money that could be used for better things. Now is a great time to shop around to find cheaper auto insurance for 19 year olds.

The auto insurance agents in Henderson shown below are willing to help you determine which car insurance policy is best, since lots of drivers aren’t clear which coverage they need and would like to have some professional guidance when comparing insurance rates for teenage drivers. It’s not always simple to find the best rates on your own, so using a licensed agent can provide you peace of mind knowing your policy gives you suitable coverage if you have an accident. To find a Henderson insurance agent closest to you, click the button after the list.

More Henderson, NV insurance agents