One of the challenges that teen drivers face is finding affordable car insurance. In Nevada, the average annual cost of car insurance for a 17-year-old driver is $6,507 for females and $7,416 for males. This is much higher than the statewide average of $1,792 for all drivers. However, not all auto insurance companies charge the same rates for teen drivers. In this article, we will compare in detail the major auto insurance companies that have the best auto insurance for teen drivers in Nevada and the average annual cost of insurance for teens offered by them.
According to a survey by U.S. News & World Report, the cheapest auto insurance company in Nevada for teen drivers is **Geico**, with average rates of $2,742 for 17-year-old girls and $2,499 for 17-year-old boys. Geico offers several discounts for teen drivers, such as good student, driver's education, and defensive driving discounts. Geico also has a Family Pricing Program that allows teens to stay on their parents' policy at the same rate when they move out or buy their own car.
The second cheapest auto insurance company in Nevada for teen drivers is **State Farm**, with average rates of $3,445 for 17-year-old girls and $4,285 for 17-year-old boys. State Farm also offers discounts for good students, driver's education, and defensive driving courses. In addition, State Farm has a Steer Clear Program that rewards safe driving habits with lower rates and a Drive Safe & Save Program that monitors driving behavior through a mobile app or a device installed in the car.
The third cheapest auto insurance company in Nevada for teen drivers is **USAA**, with average rates of $4,002 for 17-year-old girls and $4,185 for 17-year-old boys. USAA is only available to military members and their families, but it offers excellent customer service and coverage options. USAA also offers discounts for good students, driver's education, defensive driving courses, family loyalty, and vehicle storage.
The most expensive auto insurance companies in Nevada for teen drivers are **Progressive** and **Farmers**, with average rates of over $10,000 per year for both genders. These companies may have higher rates because they cater to high-risk drivers or offer more comprehensive coverage options. However, they also offer some discounts for teen drivers, such as good student, driver's education, and multi-car discounts.
In conclusion, teen drivers in Nevada can save money on car insurance by comparing quotes from different companies and taking advantage of discounts. The cheapest auto insurance companies in Nevada for teen drivers are Geico, State Farm, and USAA, while the most expensive ones are Progressive and Farmers. However, the best auto insurance company for each teen driver may depend on their individual needs and preferences.
: Best Cheap Car Insurance in Nevada for 2023 | U.S. News