Best cheap auto insurance in Reno
There is more than 2 million licensed drivers in Nevada. Although Reno’s population is less than 250,000 inhabitants, the average city household owns two cars. the average cost of auto insurance in the state is comparatively higher at $ 709 for minimum and $ 2,058 for full insurance. We’ve compiled the best Reno Cheap Auto Insurance based on customer reviews, carrier rates, and financial strength to help you save money.
Best Car Insurance Companies in Reno
The following five carriers offer the cheapest Reno auto insurance prices. There is more to finding the best Reno auto insurance company than the price – knowing that the provider you choose will pay after an accident without much hassle can be just as important as the cost of insurance. That’s why Bankrate also looked at JD Power’s customer satisfaction survey ratings before choosing the best Reno auto insurance companies. Here’s how they measure up:
|Insurance company||JD Power Score||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Geico||834/1000||$ 328||$ 973|
|In all the countries||786/1000||$ 409||$ 1,317|
|Progressive||803/1000||$ 448||$ 1,278|
|State farm||826/1000||$ 468||$ 1,328|
|USAA||876/1000||$ 487||$ 1,392|
Drivers on a tight budget and in need of the cheapest rates should get an auto insurance quote for Reno from Geico. The carrier has 16 discounts available to everyone from college students and good drivers to those who want to pass a defensive driving course to save money. In fact, Geico claims you can save $ 500 or more in 15 minutes when you receive a quote at change your car insurance.
In addition, Geico scores well with customers in terms of service. The company scored 834 in the JD Power study, ranking it second behind USAA.
In all the countries
Nationwide is ideal for residents of Reno with a clean driving record. The insurer offers discounts which could reduce the cost of auto insurance, like 10% off to be accident free and up to 40% off when you take out the Smart ride program. Once you’ve signed up for Smart Ride, Nationwide will reduce your premiums by 10%, and you can earn an additional 40% for safe driving.
The best Reno auto insurance isn’t always the cheapest. In the case of Progressive, average quotes put the company in the top five for best cheap auto insurance in Reno, but the carrier isn’t just about price. Progressive Insurance adds value by providing customers with more options, such as gap coverage, custom parts reimbursement, and classic vehicle insurance.
State Farm is the company’s largest insurance company and has a large customer base in Reno. Besides cheap coverage and plenty of options, auto insurance is cheaper than other competitors thanks to the two telematics programs on offer.
Some insurers offer a program to track your driving and base your premiums on the safety of your driving. State Farm offers two: the Steer Clear app is aimed at young drivers and includes training and driving tips. Drive Safe & Save is available for all drivers wishing to register and download the app.
USAA is highly rated among its policyholders. The insurance provider consistently ranks first for customer satisfaction in JD Power research. The only downside to the USAA is its limited availability for Reno residents. You will need to be a member of military personnel or be related to one of them to be eligible for auto insurance.
Cheapest car insurance in Reno
the average cost of auto insurance in the state of Nevada, $ 709 for minimum coverage and $ 2,058 for full coverage. Reno’s cheapest auto insurance is available from the following companies:
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Geico||$ 328||$ 973|
|In all the countries||$ 409||$ 1,317|
|Progressive||$ 448||$ 1,278|
|State farm||$ 468||$ 1,328|
|USAA||$ 487||$ 1,392|
USAA is limited to qualified military personnel and family. State Farm, Geico, Nationwide and Progressive are among the largest carriers in the country. They all offer a wide range of coverages and discounts for the best availability of Reno auto insurance.
If you had to differentiate one from the other, State Farm is best for tech-driven drivers looking for a solid mobile app and telematics. Nationwide’s optional coverage is ideal for Reno drivers who need personalized coverage. Geico is the most affordable and offers mechanical breakdown insurance, which many carriers do not have. Progressive is the cheapest for drivers with good credit and a clean driving record.
Reno Insurance Requirements
Reno drivers must have a minimum amount of auto insurance or face a license suspension and a reinstatement fee of $ 251. Most novice drivers can choose minimum coverage because it’s the cheapest, but if you’re planning on financing a vehicle, most lenders will require full coverage.
Although it is more expensive, comprehensive coverage includes optional insurance that covers damage to your vehicle in addition to injuries and damage you cause to others when you are at fault. The minimum Reno insurance requirements are as follows:
- $ 25,000 in bodily injury per person
- $ 50,000 in bodily injury per accident
- $ 20,000 in property damage per accident
Discounts on auto insurance in Reno
The biggest auto insurance savings for Reno residents are available when you sign up for telematics that tracks your driving habits or bundle two or more vehicles or your home and car with one carrier. Other discounts that Reno residents can access include:
- Good student discounts
- Defensive driving course
- Vehicle Safety Equipment
- Anti-theft system
Frequently Asked Questions
What is the best auto insurance company?
There is a lot of quality auto insurance companies to choose. Based on customer ratings and prices, USAA may be the best auto insurance company for those who qualify. However, the best option will depend on your needs.
How much does auto insurance cost in Reno?
The cost of auto insurance in Reno depends on the carrier. To get the best price on auto insurance, shop around and get several Reno auto insurance quotes. The cheapest Reno auto insurance companies to compare include Geico, USAA, Progressive, Nationwide, and State Farm.
How Much Car Insurance Do I Need in Reno?
You will need liability coverage of at least $ 25,000 in bodily injury per person, $ 50,000 in personal injury per accident and $ 20,000 in property damage per accident.
How does auto insurance in Reno compare to the rest of Nevada?
the average cost of auto insurance in Nevada is $ 709 for minimum and $ 2,058 for full coverage. Geico, the cheapest Reno auto insurance carrier, has an average rate of $ 328 for minimum and $ 973 for full auto insurance.
Bankrate uses Quadrant Information Services to analyze rates for all postal codes and carriers in all 50 states and Washington, DC Rates shown are based on a 40 year old male and female driver with a clean driving record , good credit and the following comprehensive coverage limits:
- $ 100,000 of civil liability per person
- Civil liability of $ 300,000 per accident
- Liability for property damage of $ 50,000 per accident
- $ 100,000 of uninsured bodily injury by a motorist per person
- $ 300,000 in uninsured bodily injuries by a motorist per accident
- $ 500 collision deductible
- Full $ 500 deductible
To determine the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our sample drivers own a 2018 Honda Accord, commute five days a week, and travel 12,000 miles a year.
These are sample rates and should only be used for comparison purposes. Your quotes may be different.