The car, truck, or SUV requiring insurance is probably the largest consideration when shopping around for cheap car insurance for drivers with accidents. Vehicles with limited speed and performance, good safety features, or a positive history of liability claims will cost significantly less to insure than adrenaline junky models. The table below estimates insurance rates for the most economical vehicles to insure in Nevada.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $5,776 |
| Jeep Wrangler Sport 4WD 2-Dr | $6,487 |
| Honda CR-V EX-L 4WD | $6,494 |
| Dodge Grand Caravan CV | $6,498 |
| Toyota Prius | $6,720 |
| Honda Odyssey EX | $6,776 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $6,920 |
| Ford Explorer XLT 2WD | $7,191 |
| Hyundai Elantra GLS 4-Dr Sedan | $7,205 |
| Chevrolet Impala LTZ | $7,212 |
| Chevrolet Equinox LTZ 2WD | $7,276 |
| Toyota Corolla XRS | $7,286 |
| Toyota RAV4 2WD | $7,325 |
| Nissan Rogue S AWD | $7,410 |
| Kia Optima LX | $7,419 |
| Chevrolet Silverado Crew Cab Hybrid 2WD | $7,628 |
| Toyota Camry XLE | $7,702 |
| Ford Edge Sport AWD | $7,710 |
| GMC Sierra SL Crew Cab 2WD | $7,783 |
| Nissan Altima 3.5 SR 4-Dr Sedan | $7,791 |
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Price data assumes single female driver age 30, no speeding tickets, two at-fault accidents, $1,000 deductibles, and Nevada minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Premium costs do not factor in specific Las Vegas, NV garaging location which can revise auto insurance rates greatly.
Based upon the rates shown, you can expect models like the Ford Escape, Jeep Wrangler, and Honda CR-V will be the cheaper vehicles to insure for drivers with at-fault accidents. The price for car insurance will tend to be more expensive because of the fact that there is more liability exposure for drivers with accidents, but overall those particular models will most likely have the lowest insurance rates compared to other vehicles.
Establishing which companies offer the most affordable insurance rates for drivers with accidents takes a little more work in order to find the most economical policy. Each insurer has a different process to set policy rates, so let’s take a look at the lowest cost insurance companies in Las Vegas.
Lowest Insurance Price Quotes for Accident Prone Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $903 |
| 2 | Allied | $939 |
| 3 | Capital | $978 |
| 4 | Oregon Mutual | $1,147 |
| 5 | Progressive | $1,202 |
| 6 | American Family | $1,218 |
| 7 | GEICO | $1,269 |
| 8 | Safeco | $1,320 |
| 9 | Nationwide | $1,334 |
| 10 | USAA | $1,336 |
| 11 | Farmers | $1,438 |
| 12 | MetLife | $1,631 |
| 13 | Country | $1,668 |
| 14 | State Farm | $1,749 |
| 15 | Mercury | $1,807 |
| 16 | Victoria | $2,011 |
| 17 | Liberty Mutual | $2,249 |
| 18 | Allstate | $2,314 |
| 19 | Bristol West | $2,336 |
| 20 | Encompass | $2,630 |
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Travelers has some of the lowest car insurance rates in Las Vegas at around $903 per year. This is $671 less than the average premium paid by Nevada drivers of $1,574. Allied, Capital, Oregon Mutual, and Progressive also qualify as some of the best Las Vegas, NV auto insurance companies.
In the rate table above, if you are insured with Oregon Mutual and switched to Allied, you might see yearly savings of upwards of $208. Insureds with Progressive may save as much as $263 a year, and American Family insureds might reduce prices by as much as $279 a year.
These premiums are averaged for all insureds and vehicles and and are not calculated with an exact zip code location for drivers with accidents. So the insurer that can offer you the best price may not even be in the list above. That points out the importance of why you need to compare rates from multiple companies using your own driver data and vehicle information.
Full coverage or liability only
Paying less for insurance is probably important to the majority of people, and a good way to buy cheap insurance for drivers with accidents is to only pay for liability coverage. The example below shows the comparison of auto insurance costs with and without physical damage coverage. Data assumes a clean driving record, no claims, $500 deductibles, marital status is single, and no policy discounts are applied.
If averaged for all ages, full coverage costs $1,971 per year over having just liability coverage. Many drivers will wonder if paying for full coverage is worth it. There is no exact formula of when to eliminate physical damage coverage on your policy, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than around 10% of replacement cost minus your deductible, then you might want to consider buying only liability coverage.
For example, let’s say your vehicle’s replacement value is $7,500 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $6,500 after you pay the deductible. If you are paying in excess of $650 annually for comprehensive and collision coverage, then it could be time to drop full coverage.
There are some cases where removing full coverage is not a good idea. If you still owe money on your vehicle, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.
The information below shows how choosing a deductible can change premium costs when researching cheap insurance for drivers with accidents. Data assumes a single female driver, comp and collision included, and no policy discounts are applied.
The chart above illustrates that a 40-year-old driver could lower rates by $244 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $370 by changing to a $1,000 deductible. Even younger drivers, like the age 20 example, can save as much as $620 annually just by using higher deductibles. If you do decide to increase your deductibles, it’s a good idea to have emergency funds available to allow you to cover the extra out-of-pocket expense, which deters some people from using high deductibles.
Impact of careless driving on Las Vegas insurance rates
The obvious way to enjoy the most affordable insurance prices in Las Vegas for drivers with at-fault accidents is to be a cautious driver and avoid accidents and traffic violations. The chart below illustrates how traffic citations and accidents can raise insurance rates for different age groups of insureds. Data assumes a single male driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.
In the chart above, the average cost of auto insurance per year with no violations or accidents is $2,368. Get two speeding tickets and the average cost increases to $3,145, an increase of $777 each year. Now add one accident along with the two speeding tickets and the 12-month cost of insurance for drivers with accidents goes up to an average of $3,941. That’s an increase of $1,573, or $131 per month, just for not keeping your driving record clean!
How to find the cheapest car insurance for drivers with accidents
Lowering your rates is not difficult, and here are some of the better thrifty suggestions that can help drivers quote low-cost auto insurance.
- Safe vehicles generally have lower rates
- Tickets and violations raise rates
- Higher physical damage deductibles lower rates
- Do not pay for full coverage if not needed
- Drive attentively and avoid accidents
- Increase your credit score
- Ensure you have the best deal by shopping around regularly
That last piece of advice is particularly vital, as was emphasized in this write-up. Rates fluctuate constantly, so don’t be afraid to buy a policy from a new company if a cheaper rate is available.
Staying with the same car insurance company is fine, but it’s not a great idea if your bullheadedness ends up costing you money that could be used for better things. Spend a few minutes and compare prices and find cheaper car insurance for drivers with accidents in Las Vegas.
If you aren’t sure which coverage you need and prefer to have the advice of a professional agent when shopping around for cheaper insurance for drivers with accidents, the agents shown below can most likely help you determine which coverages and limits you need. To locate a Las Vegas auto insurance agent near you, click the button after the list.
- Estrella Insurance Services
3700 E Charleston Blvd #130 – Las Vegas, NV 89104 – (702) 382-1177 - Lanny Maren CIG Insurance Las Vegas
4175 S Riley St #200 – Las Vegas, NV 89147 – (702) 597-5998 - David Habart – State Farm Insurance Agent
2035 Village Center Cir #100 – Las Vegas, NV 89134 – (702) 851-2400