Wouldn’t this article be short if we could instantly tell you the best company in Las Vegas that has the cheapest car insurance rates for 17 year olds? Unfortunately, it’s just not that easy, as there are a ton of unknown aspects like if you own or rent your home, the neighborhood you live in, and if you have any tickets or accidents. This article goes into detail about the best ways to compare rates and also should give you a good start in finding the cheapest car insurance in Nevada.
Finding out which companies quote the cheapest auto insurance rates for 17 year olds will take a bit more work than just getting one or two price quotes.
Each auto insurance company has a different process for determining rates in each state, so let’s take a look at the most budget-friendly auto insurance companies in Nevada. Keep in mind that Las Vegas, NV auto insurance rates are calculated based on many things that will increase or decrease the cost of coverage. Simply getting older, buying a different home, or getting a ticket for running a stop sign may generate price changes that can make some companies cheaper than others.
Find Cheaper Auto Insurance for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Allied | $921 |
| 2 | Travelers | $930 |
| 3 | Capital | $978 |
| 4 | Oregon Mutual | $1,182 |
| 5 | American Family | $1,218 |
| 6 | GEICO | $1,232 |
| 7 | Progressive | $1,238 |
| 8 | Nationwide | $1,282 |
| 9 | USAA | $1,297 |
| 10 | Safeco | $1,320 |
| 11 | Farmers | $1,482 |
| 12 | Country | $1,602 |
| 13 | MetLife | $1,615 |
| 14 | State Farm | $1,681 |
| 15 | Mercury | $1,753 |
| 16 | Victoria | $2,093 |
| 17 | Liberty Mutual | $2,249 |
| 18 | Bristol West | $2,313 |
| 19 | Allstate | $2,408 |
| 20 | Encompass | $2,604 |
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Allied offers some of the most affordable car insurance rates in Las Vegas at around $921 a year. This is $653 less than the average price paid by Nevada drivers of $1,574. Travelers, Capital, Oregon Mutual, and American Family also rank well as some of the most economical Las Vegas, NV insurance companies.
As shown in the rates above, if you are insured with Oregon Mutual and switched to Travelers, you may realize a yearly savings of upwards of $252. Customers with American Family might save as much as $288 a year, and GEICO insureds might realize rate reductions of up to $302 a year.
To discover how much you can save, click here to start your free quote or click through to the companies below.
Understand that those premiums are averages across all ages of drivers and types of vehicles and do not factor in an exact location for 17 year olds. So the insurer that fits your situation best may not even be in the list above. That’s why you need to get rate quotes using your own personal information and vehicle type.
The vehicle model on the policy is probably the most important factor when looking for low-cost insurance for 17 year olds. Vehicles with limited top-end speed, excellent safety ratings, or a positive history of liability claims will cost substantially less to insure than fast, unsafe models.
The data below features coverage costs for the most budget-friendly automobiles to buy coverage for.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 2WD | $10,324 |
| Volkswagen Jetta S 2.5 Station Wagon | $11,106 |
| Ford Escape Limited 4WD | $11,111 |
| Toyota Prius | $11,214 |
| Ford F-150 XL Super Cab 2WD | $11,470 |
| Dodge Grand Caravan SE | $11,579 |
| Ford Explorer XLT 4WD | $11,589 |
| Ford Focus S 4-Dr Sedan | $12,145 |
| Ford Edge SE AWD | $12,150 |
| Toyota RAV4 4WD | $12,253 |
| Ford Fusion S 4-Dr Sedan | $12,258 |
| Chevrolet Impala LT | $12,253 |
| Chevrolet Equinox LS AWD | $12,260 |
| GMC Sierra SL Extended Cab 2WD | $12,253 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $12,361 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $12,371 |
| Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr | $12,808 |
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Prices 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. Price information does not factor in specific location which can increase or decrease coverage rates significantly.
Looking at the data, we can tell that models like the Honda CR-V, Volkswagen Jetta, Ford Escape, and Toyota Prius are most likely going to be some of the cheapest vehicles to insure for teen drivers. The cost of auto insurance will tend to be more expensive anyway because there is more claim exposure for 17 year olds, but in general those vehicles will have the cheapest car insurance rates that you are likely to find.
The example below demonstrates how choosing different deductibles can impact insurance costs when trying to find cheap insurance for 17 year olds. The rates are based on a married female driver, full coverage, and no other discounts are factored in.
A 40-year-old driver could lower their car insurance rates by $282 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $426 by selecting a $1,000 deductible. Younger drivers, like the 20-year-old example, could possibly save as much as $704 annually by using a higher deductible. If you do raise deductibles, it is necessary to have enough in a savings account to offset the extra out-of-pocket expense that comes with higher deductibles.
What is the best auto insurance company in Nevada?
Ending up with a good quality insurance provider can be rather challenging considering how many different companies there are to choose from in Las Vegas. The information below could help you decide which providers you want to consider when shopping car insurance rates for 17 year olds. The ratings below are only made up of large, nationwide insurance companies, so companies with more of a regional focus will not be included in the list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Tickets and at-fault accidents raise rates
One of the best ways to obtain low auto insurance premiums in Las Vegas for teen drivers is to drive attentively and avoid tickets and accidents. The chart below illustrates how violations and fender-benders can increase annual premium costs for each age group. The costs are based on a married female driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.
In the previous chart, the average cost of auto insurance in Nevada per year with no violations or accidents is $1,697. Get two speeding tickets and the average cost increases to $2,413, an increase of $716 each year. Now add one accident along with the two speeding tickets and the yearly cost of auto insurance for 17 year olds increases to an average of $3,136. That’s an increase of $1,439, or $120 per month, just for being a less-than-perfect driver!
Ideas to find cheaper insurance for 17 year olds
The list below details a few money-saving solutions that can help Nevada drivers find more affordable auto insurance.
- Violations and traffic tickets increase rates
- Accidents can significantly increase rates
- If your vehicles are older, consider dropping full coverage
- If possible, pay for small claims out-of-pocket
- Raise physical damage deductibles
- Shop around for cheaper prices
That final tip is particularly significant, as was pointed out in this write-up. Car insurance rates change a lot, so drivers shouldn’t hesitate to buy a different policy if you find a better deal. Having a favorite company is fine, but it’s not recommended if that faithfulness ends up costing you several hundred dollars every year. Take a few minutes and compare rates and find cheaper car insurance for 17 year olds in Las Vegas.