Finding decent, low-priced car insurance is not easy, and figuring out which company offers the most affordable auto insurance rates for drivers with a DUI requires more quotes for comparison. Each insurance company has a proprietary method to set their prices, so let’s begin by examining the auto insurance companies that tend to have lower prices in Henderson.
Find Cheaper Car Insurance after a DUI
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $903 |
| 2 | Allied | $939 |
| 3 | Capital | $1,008 |
| 4 | American Family | $1,182 |
| 5 | Progressive | $1,190 |
| 6 | Oregon Mutual | $1,193 |
| 7 | GEICO | $1,269 |
| 8 | USAA | $1,297 |
| 9 | Nationwide | $1,321 |
| 10 | Safeco | $1,346 |
| 11 | Farmers | $1,452 |
| 12 | MetLife | $1,583 |
| 13 | Country | $1,619 |
| 14 | State Farm | $1,732 |
| 15 | Mercury | $1,825 |
| 16 | Victoria | $2,031 |
| 17 | Liberty Mutual | $2,183 |
| 18 | Bristol West | $2,313 |
| 19 | Allstate | $2,314 |
| 20 | Encompass | $2,710 |
| Find Your Rate Go | ||
Travelers quotes some of the lowest car insurance rates in Henderson at around $903 each year. Allied, Capital, American Family, and Progressive also rank well as some of the cheaper Henderson, NV car insurance companies.
In this example, if you are a customer of Capital and switched to Travelers, you could see annual savings of in the vicinity of $105. Customers with American Family might save as much as $279 a year, and Progressive customers might cut rates by $287 a year.
To find out how your current rates compare, click here or visit several of the following companies.
Be aware that those prices are averaged across all types of drivers and the different vehicles they drive and do not take into consideration a specific location for drivers with a DUI. So the company that can offer you the lowest price may not even be in the top 20 companies shown above. That point stresses why you need to compare prices as often as possible using your own personalized driver profile and vehicle information.
The vehicle model that is being insured is one of the primary factors when quoting the most economical car insurance for drivers with a DUI. Vehicles with limited speed and performance, an excellent safety record, or a track record of few liability claims will cost much less to insure than high performance models.
The next table shows coverage prices for some of the most budget-friendly vehicles to buy coverage for.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 2WD | $3,001 |
| Honda Accord EX-L 4-Dr Sedan | $3,261 |
| Ford Escape XLT 2WD | $3,307 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $3,356 |
| Ford Explorer Eddie Bauer 2WD | $3,361 |
| Honda Odyssey EX | $3,485 |
| Ford F-150 XLT Regular Cab 2WD | $3,633 |
| Nissan Altima Hybrid 4-Dr Sedan | $3,813 |
| Ford Edge SE 2WD | $3,822 |
| Chevrolet Impala LS | $3,846 |
| Toyota Prius | $3,866 |
| Dodge Ram Quad Cab ST 4WD | $3,869 |
| Dodge Grand Caravan SE | $3,896 |
| GMC Sierra SLE Regular Cab 2WD | $3,922 |
| Ford Focus SE 4-Dr Sedan | $4,040 |
| Start Your Quote Go | |
Above prices assume single female driver age 40, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, and multi-policy. Rates do not factor in specific location which can affect auto insurance rates significantly.
Looking at the data, cars like the Honda CR-V, Honda Accord, Ford Escape, Jeep Wrangler, and Ford Explorer will be some of the less-costly vehicles to insure after getting a DUI. Auto insurance rates will be more expensive because there is more claim risk for drivers with a DUI, but overall those vehicles will have the lowest insurance prices that you are likely to find.
Types of discounts on Henderson insurance rates
Auto insurance companies that offer cheap quotes for drivers with a DUI may also give you price discounts that may potentially lower prices by as much as 30% if you qualify. Large auto insurance companies and a partial list of their discounts are detailed below.
- 21st Century has savings for early bird, air bags, driver training, homeowners, and anti-lock brakes.
- State Farm has discounts for Drive Safe & Save, good student, anti-theft, Steer Clear safe driver discount, passive restraint, good driver, and safe vehicle.
- AAA may have discounts that include education and occupation, multi-car, good driver, AAA membership discount, good student, and anti-theft.
- Liberty Mutual policyholders can earn discounts including new graduate, teen driver discount, exclusive group savings, hybrid vehicle, new move discount, newly retired, and newly married.
- Progressive offers premium reductions for online quote discount, continuous coverage, good student, online signing, multi-policy, multi-vehicle, and homeowner.
The diagram below shows the difference between annual premium costs with and without discounts applied to the policy premium. The prices are based on a male driver, three violations and no accidents, Nevada state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with vehicle safety, passive restraint, continuous coverage, multiple policy, homeowner, and marriage discounts applied. When these discounts are applied, the average amount saved each year on auto insurance for drivers with a DUI is 28% or $833.
The information below illustrates how choosing a deductible can change yearly insurance costs when searching for cheap insurance for drivers with a DUI. The price estimates are based on a married male driver, comp and collision included, and no policy discounts are applied.
A 40-year-old driver could reduce rates by $298 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $452 by selecting a $1,000 deductible. Even younger drivers, like the 20-year-old category, can cut as much as $1,002 every year just by using higher deductibles. When using a larger deductible, it’s a good idea to have spare funds to cover the extra out-of-pocket expense that comes with higher deductibles.
Full coverage rates vs. liability-only in Henderson
Buying cheaper auto insurance is probably important to most vehicle owners, and one way to buy cheap insurance for drivers with a DUI is to not insure for full coverage. The diagram below shows the difference between insurance prices with full physical damage coverage and with liability coverage only. The premiums are based on no violations or accidents, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.
If we average all the age groups together, full coverage costs an additional $1,403 per year over and above liability only. That is a big expense that brings up the question if physical damage coverage is worth the money. There is no clear-cut rule of when to drop physical damage coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than about 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.
There are a few cases where buying only liability insurance is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not eliminate full coverage.
The benefits of price comparisons
Henderson auto insurance rates are calculated based on many things which can substantially decrease or increase the cost of having a policy. Improving your credit score, buying a different vehicle, or having an at-fault accident can trigger rate changes resulting in some rates now being cheaper in comparison to the competition. Not only may your situation change, but insurance companies modify pricing at least once a year in order to be able to pay unexpected claims. A period of higher than normal claims can result in more expensive premiums, while lower claim expenses may result in lower-cost Henderson car insurance rates.
For example, the bar chart below shows which company has the cheapest car insurance in Henderson, NV for a 30-year-old male driver with no accidents, a clean driving record, and excellent credit. Based on his personal risk profile, Allied may offer the lowest car insurance rates in Henderson at $1,498 each year. This is $76 less than the average price paid by Nevada drivers of $1,574. Travelers, Capital, Oregon Mutual, and American Family round out the rest of the best Henderson, NV auto insurance companies.
In this next rate comparison, we will give the driver from the first set of rates a couple of claims, a little lower credit rating, and a few blemishes on his driving record. Due to the fact that every insurance company has a proprietary method to determine rates, comparing rates most likely will result in a significantly different list of affordable Henderson car insurance companies as shown below.
Progressive now has the cheapest auto insurance in Henderson with Travelers, USAA, Capital, and Nationwide now being in the top five. This example shows why drivers need to do a thorough rate comparison when trying to find the most economical auto insurance quotes for drivers with a DUI. Insurance rates consist of many things and can change without notice, so the lowest-price company the last time you shopped around may now be costing you a lot of money.