The five best options for car insurance in Reno are State Farm, USAA, Geico, Travelers and Progressive. These companies not only provide rates that are lower than the minimum and full coverage averages for the city, but they also have good customer service reputations and provide reliable coverage.
Keep reading: Cheap Car Insurance
Unless stated otherwise, the following cost tables show average rates for the driving profile of a 35-year-old married driver with good credit and a clean driving history.
How Much Is Car Insurance in Reno, Nev.?
Our data shows that the average cost of car insurance for minimum-coverage insurance in Reno is $80 per month or $960 per year. This is about 54% more than the national average of $52 per month or $625 per year. Similarly, full-coverage insurance costs $192 per month or $2,301 per year on average, which is about 15% more expensive than the national average of $167 per month or $2,008 per year for full coverage.
Cheapest Liability Car Insurance in Reno
State Farm offers the cheapest liability insurance with average rates of $30 per month or $365 per year. USAA is the second-cheapest option in Reno with average rates of $37 per month or $439 per year.
Liability coverage is the minimum coverage required by the state of Nevada. According to Nevada law, all drivers must either meet or exceed the following minimum insurance requirements:
$50,000 bodily injury liability per accident
$25,000 bodily injury liability per person
$20,000 property damage liability per accident
Cheapest Full-Coverage Car Insurance in Reno
A full-coverage car insurance policy can be pricey in Reno. Full coverage includes liability plus comprehensive coverage and collision coverage, which protect against damage to your vehicle in a variety of situations. State Farm is the cheapest full-coverage option with average insurance premiums of $91 per month or $1,087 per year.
Reno Car Insurance Quotes by Driver Profile
Each car insurer will look at factors of your driving profile to determine how much to charge you for car insurance. These factors could be your age, your credit score, as well as:
What kind of car you drive
Your ZIP code
How many accidents you’ve caused in the last five years
How many traffic citations or DUIs you’ve had in recent years
Driving profiles are different from driver to driver, so car insurance rates will be too. This section will take a closer look at the cheapest costs for different driving profiles in Reno, Nev.
Reno Car Insurance Cost by Age
Car insurance companies charge teenagers higher rates for their increased chances of getting into a car accident or breaking traffic laws. Our data shows 16-year-olds pay about $349 per month or $4,186 per year for car insurance in Reno.
As young drivers reach their 20s, the typical expense of car insurance decreases — and it keeps decreasing as they get older. The chart displays the average costs of minimum-coverage car insurance in Reno for different age groups.
Cheapest Car Insurance in Reno: Teen Drivers
Car insurance for teens is expensive, but some insurance providers tend to be more affordable than others. Our data shows State Farm is the cheapest car insurance company for teen drivers with minimum-coverage rates as low as $128 per month or $1,534 per year. USAA, Geico and American Family Insurance also offer affordable premiums for Reno teens.
Reno Car Insurance Cost by Credit Score
Across most states (including Nevada) auto insurance providers are allowed to use your credit history as one factor to set your rates. If you don’t have the best credit history, you’ll be paying higher rates than average. If you have a good credit score along with a clean driving record, you’re more likely to save on car insurance — especially if you’re over the age of 25.
If you’re in your early 20s or below, you may still find significant auto insurance costs, regardless of your credit score.
Cheapest Car Insurance in Reno: Poor Credit
Our rate data shows Geico is the cheapest option for car insurance for bad credit in Reno. The company offers minimum-coverage policies to drivers with poor credit for rates of $66 per month or $793 per year. This is 34% less than the overall state average for minimum coverage for good credit.
Reno Car Insurance Cost by Driving Record
Drivers who’ve violated traffic laws or caused car accidents can expect a spiked increase in car insurance costs. Some infractions include speeding, running a stop sign or driving under the influence (DUI). On average, speeding can increase your rates by 21%, an at-fault accident by 43% and a DUI by 76%.
Different companies have different average price increases. If your driving record has any violations, our research found that State Farm could provide the best rates for you. The table below shows average rates by company for drivers who have either a speeding ticket, accident or DUI on their record.
Keep reading: Insurance rates for high-risk drivers
Cheapest Car Insurance in Reno: Speeding Ticket
According to our data, State Farm offers the cheapest auto insurance rates to drivers who have a speeding ticket on their records — $33 per month or $398 per year. USAA follows close behind with an average monthly rate of $43, while Travelers, Geico and Progressive round out the top five options for cheap speeding ticket car insurance in Reno.
Cheapest Car Insurance in Reno: At-Fault Accident
If you were responsible for an accident in recent years while driving, your insurance rates may go up more than if you had only received a speeding ticket. State Farm and USAA are the cheapest options here with average rates of about $37 per month and $50 per month, respectively. You can see some auto insurance companies charge significantly more for this amount for coverage after an accident.
Cheapest Car Insurance in Reno: DUI
Getting a DUI in Reno is a major violation and your car insurance rates may increase by several hundred dollars annually. State Farm is very cheap compared to other companies — offering average rates of $33 per month or $398 per year for drivers with a DUI. Travelers, USAA and Progressive are also good options with rates under $94 per month on average.
Cheap Car Insurance in Reno, Nev.: The Bottom Line
Auto insurance in Reno is less expensive than the average cost in Nevada by 20%, it’s more expensive than the national average by 54%. However, you can still find companies offering cheap auto insurance on average.
State Farm provides minimum car insurance coverage for around $30 each month which is the least expensive option in the city. For Reno drivers, State Farm also offers reasonably priced full-coverage rates at $91 per month.
Compare free quotes to find the company that meets your Nevada car insurance needs at the best rate. You can compare insurance products and get auto insurance quotes online or from insurance agents.
Cheapest Auto Insurance in Reno: FAQ
Here are some frequently asked questions about the cheapest auto insurance in Reno, Nev.:
*Cost data comes from Quadrant Information Services and is accurate at time of publication.