Auto Insurance with Bad Credit in Nevada

The Zebra
March 12, 2019

Auto insurance can be expensive for drivers with bad credit. Insurers rely on credit as a rating factor, assigning their premiums based in part on clients' credit scores. Since auto insurance companies use historical data showing drivers with low credit scores are more likely to file auto insurance claims, they account for for the additional risk by charging more.

How much you pay for car insurance with bad credit depends on which company you choose, where you live, and many other rating factors. See below average insurance prices for drivers with bad credit in major Nevada cities, along with rates from top insurance companies, plus a few tips on how to save on auto insurance if you have a bad credit score in Nevada.


Auto insurance for drivers with bad credit in Nevada:

  1. Average rates
  2. Rates by city
  3. Rates by company

Car insurance rates with bad credit in Nevada

Drivers in Nevada pay an average penalty of $2,246 per year for having a "worst"-tier credit score. A driver in either the “poor” or “below fair to poor” credit tier will also pay above-average rates for a car insurance policy.


NEVADA CAR INSURANCE RATES WITH BAD CREDIT

Credit TierAverage Annual Rate in Nevada
Worst$4,048
Poor$3,522
Below Fair to Poor$3,123
Average — All Credit Tiers$1,802

Find auto insurance online today!


Car insurance rates with bad credit in Nevada cities

Your car insurance prices also depend on the specific area in which you drive. Insurance companies rely on your address to better understand your odds of filing a claim: the denser and claim-prone your immediate area is, the more you'll pay for insurance.

Listed below are major Nevada cities and their average car insurance rates for drivers with low credit scores.


BAD CREDIT CAR INSURANCE RATES IN NEVADA CITIES

CityAverage Annual Rate — Worst CreditAverage Annual Rate — Poor CreditAverage Annual Rate — Below Fair to Poor Credit
Las Vegas$5,434$4,725$4,178
Henderson$4,905$4,258$3,762
Reno$3,344$2,923$2,609
Paradise$5,935$5,150$4,544
North Las Vegas$5,207$4,534$4,017

Compare car insurance rates today!


Car insurance companies for bad credit in Nevada

Another factor contributing to how much you pay for car insurance is the insurance company you buy from. Each auto insurance company prices policies differently, giving rating factors varying weights in their calculations. Credit history is often a significant pricing differentiator between otherwise-similar insurance companies. In Nevada, the cheapest insurance company for a driver with bad credit is GEICO, which offers a discount of $324 per annum over the second-cheapest company, American Family.

See rates from leading auto insurance companies in Nevada for drivers with bad credit.


NEVADA CAR INSURANCE RATES WITH BAD CREDIT — BY COMPANY

CompanyAverage Annual Rate — Worst Credit
GEICO$2,063
American Family$2,386
USAA$2,637
Progressive$3,071
Mid-Century$3,903

If you're buying car insurance with a low credit score, keep these tips in mind:

  1. View car insurance quotes
  2. Be smart with your claims
  3. Know what determines auto insurance rates