Nevadans pay the highest rate of full coverage across the nation, according to a recent report.
Vehicle thefts, fraud, traffic congestion, low credit scores, rising car prices, and new vehicle technology are driving up automobile insurance rates in Nevada, according to a 2025 report from the Nevada Division of Insurance.
Now, Nevadans pay, on average, between $1,084 and $3,568 annually for minimum-to full-coverage insurance, according to Bank Rate. That’s well above the national average of $820 to $2,697. The report also found that dangerous driving behavior across the state, including road rage, DUIs, speeding, and collisions, is also pushing premiums higher.
The spike is hitting both residents and businesses. At a roundtable discussion this week with the Nevada Division of Insurance and insurance brokers and professionals, Rep. Susie Lee (D-Nevada) said some small businesses have seen significant increases in their insurance costs since 2019.
“We’ve heard from small businesses who literally have seen their insurance rates go up five times since 2019,” Lee said. “This is unsustainable—especially when you’re looking at increased costs across the board.”
Lee pointed to federal funding aimed at enhanced road safety as one way to address the issue. Previous funding efforts by Lee across Southern Nevada include bridge extensions, sidewalk improvements, and improved lighting. She announced she is requesting another $7.5 million “to improve traffic safety in Southern Nevada, helping reduce crashes and fatalities.”
Enhanced safety could help bring down Nevadans’ average monthly car insurance payments, which range from $90 for minimum coverage to $297 per month for full coverage. Winnemucca, Nevada, has the highest average annual rate for full coverage at $2,117, according to Bankrate. The organization found that when it comes to which group pays the most, 18-year-old male drivers in Nevada face a staggering $9,402 in annual premiums for full-coverage car insurance.
