AAA vs. Nevada Capital: Which Company is the Best Fit for You?

Quick Facts

• In general, Nevada Capital offers significantly more affordable premiums than AAA
• AAA offers more discounts than Nevada Capital Insurance Company
• Nevada Capital tends to be a much less expensive option for policyholders who drive fewer than 12,000 miles annually

AAA vs. Nevada Capital: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. After all, you've seen ads from all sorts of companies offering big discounts. But exactly how much can you save by switching?

You've maybe even narrowed your search down to AAA or Nevada Capital as potential options, but which one has cheaper prices for car insurance?

As you can see, Nevada Capital has average rates that are about 60% per month less expensive than those from AAA when looking at the national average rates for insurance.

However, that doesn't mean Nevada Capital will necessarily be cheaper than AAA for each driver. Car insurance companies use a variety of complex algorithms to calculate rates, so depending on where you live or how clean your driving record is (among a multitude of other factors), you could see wildly different premiums from the ones above.

Wanting to know if AAA or Nevada Capital is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

AAA or Nevada Capital: Average Car Insurance Rates by State

AAA and Nevada Capital only compete against each other in Nevada, where Nevada Capital offers the cheaper average premiums. For Nevada residents, Nevada Capital offers auto insurance for $125 monthly on average. AAA's average prices come out to be over 70% more expensive, at $275 per month.

That being said, there's a lot more that goes into your car insurance cost than just the state you live in. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance premiums of any other group of drivers. It's normally because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

That being said, that doesn't mean teen drivers can't still save money on their insurance. For example, 18-year-old drivers pay an average of more than $400 less a month by choosing Nevada Capital over AAA.

Even so, both carriers will reduce prices by the time you turn 25. For example, average rates for AAA policyholders lower nearly 60% and Nevada Capital's premiums decrease almost 55% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the lowest auto insurance prices out there. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for insurance.

But who has the best premiums for retired drivers between AAA and Nevada Capital? Nevada Capital gets the edge, with prices for drivers 65 and older $153 more affordable than the national average for AAA.

Which is the Best Company for Married Drivers?

Did you know that car insurance rates are usually less expensive for married couples than they are for single policyholders? That's generally because married policyholders tend to own and insure multiple cars, which can often earn you a discount.

When it comes to relationship status, Nevada Capital is the clear winner for single drivers, with prices around $224 per month cheaper than AAA, on average. The advantage for married drivers with Nevada Capital is also obvious, where drivers save nearly $150 a month.

AAA vs. Nevada Capital: Average Rates by Gender

Because men are more likely to get into accidents and get speeding tickets, they have an increased chance of filing a claim with insurance. Therefore, men tend to get higher rates than women.

Men usually pay over 10% more per month than women with AAA, while with Nevada Capital, the difference is closer to 2% a month.

Looking at the data for each company specifically, Nevada Capital comes out as the most affordable option for both genders. On average, women save about $173 per month and men save about $205 with Nevada Capital compared to the average AAA policyholder.

AAA or Nevada Capital: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

For most people, auto insurance isn't the easiest topic to understand. There are so many different limits and terms that it can make it pretty confusing to find the right policy.

But most policies that many drivers look at fall into two categories -- liability only (which provides bodily injury and property damage coverage for other drivers and passengers if you cause an accident) and full coverage (which normally refers to having comprehensive and collision coverages in addition to liability coverage).

If you're looking for state minimum liability limits, Nevada Capital typically offers significantly more affordable rates of $75 compared to AAA's $169. When it comes to full coverage policies with similar limits, Nevada Capital again has the edge, with policies around $300 a month cheaper than AAA, on average.

Is AAA or Nevada Capital Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from insurance companies offering great premiums for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

It's no secret secret that tickets and at-fault accidents lead to higher rates, but which carrier -- AAA or Nevada Capital -- has the cheapest premiums for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

AAA policyholders can expect their prices to go up an average of $86 per month if they get a ticket, while Nevada Capital generally raises premiums about $27 a month, on average.

That being said, Nevada Capital tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records, offering prices that are $124 and $183 more affordable, respectively, compared to AAA Insurance.

Which Company is Best for Drivers After an Accident?

AAA drivers who get in a collision can expect to see their rates increase by over 35%, while those who have insurance through Nevada Capital will see around a 30% increase.

Overall, the less expensive premiums come from Nevada Capital, with monthly prices averaging $126 compared to AAA Insurance's $339.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly car insurance bill -- normally a lot more than an accident or ticket. For example, AAA increases average rates by just under $200 per month -- that's over a 45% increase.

If you have a DUI on your record and are looking for more affordable prices, Nevada Capital tends to be the much more affordable option with average rates of $168 a month compared to $403 from AAA.

How does Credit Score Impact AAA and Nevada Capital Rates?

Often times, your credit score can come into play when carriers determine your monthly bill. Certain states and companies do not allow for credit score to be used as a rating factor, but it will come into play for several policyholders.

The reasoning insurance carriers use is that drivers with bad credit will be less likely to pay their bills on time; so typically, they'll be asked to pay more, while those with good credit will be rewarded with less expensive premiums.

So, which company offers the best prices for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, you'll usually find a better deal with Nevada Capital. Drivers with "excellent" credit can save more than 45% compared to AAA, and those with "good" scores can also expect to see savings -- about $133 or 54% cheaper each month.

Which Company is Best for Drivers with Bad Credit?

Nevada Capital typically offers lower rates than AAA when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around $176 a month less with Nevada Capital compared to AAA, and those with "poor" scores generally save an average of about $383 per month.

Is AAA or Nevada Capital Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a considerable impact on your monthly car insurance bill? That's because the fewer miles you drive, the less likely you are to get into a collision and cause an insurance claim.

For both drivers who put 6,000 miles on their vehicles every year, as well as those who average twice that figure, Nevada Capital offers more affordable premiums than AAA. AAA's average rates for drivers with 6,000 annual miles come in nearly $200 more expensive than Nevada Capital. Those who drive 12,000 miles yearly can expect to pay just under $200 more with AAA over Nevada Capital.

AAA vs. Nevada Capital: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for auto insurance, but the type of area you live in can have a sizable impact as well. Usually, those who live in rural areas will pay less than policyholders in urban areas because there are a lot fewer vehicles on the roads in those areas.

Nevada Capital boasts the cheapest average premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Nevada Capital offers prices around $171 a month compared to AAA's $384. People who live in suburban ZIP codes can expect to pay about $114 per month for Nevada Capital and $301 for AAA. Lastly, those in rural areas tend to get the lowest rates from both companies, with average monthly premiums coming in at $89 and $256 for Nevada Capital and AAA respectively.

AAA vs. Nevada Capital Discounts

You want to save as much money as possible, right? The best way to do that is by taking advantage of as many insurance discounts as you can.

But with what seems like a million different discounts out there, it can be challenging to find all the ones you qualify for or to nail down the company that has the most discounts for your unique driver profile.

Below, we've broken down all of the different discounts offered by both AAA and Nevada Capital so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

AAA blows Nevada Capital away when it comes to the sheer amount of discounts available, offering 33 different discounts to Nevada Capital's 15.

A couple of those are overlapping for things like anti-theft discounts, employee discounts, discounts for being a good driver, and multi-policy discounts. AAA also offers AAA discounts, academic discounts, COVID-19 relief discount, and more that Nevada Capital does not.

On the flip side, Nevada Capital has a couple unique discounts of its own -- ABS discounts and good payer discounts.

Final Thoughts: Is AAA or Nevada Capital Best for You?

So, you've seen how different variables can affect your car insurance prices. We've shown you all the discounts each carrier offers, too. But, at the end of the day, is AAA or Nevada Capital the right company for you and your specific needs?

Nevada Capital might be best for you if....

• You have a DUI charge on your record.
• You already have a great credit score.
• You are purchasing your auto insurance with a spouse.

AAA might be best for you if...

• You're looking for the company with the most discounts.

We hope this guide has ben a valuable resource as you compare AAA and Nevada Capital and that it aids in making a more informed decision about your car insurance.

At the end of the day, the best way to make sure you're getting the best deal on your auto insurance policy is to compare quotes from several carriers, not just AAA and Nevada Capital. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP code below and get free quotes from dozens of the top insurance companies in your area, all in just a few minutes.

AAA vs. Nevada Capital FAQs

Is AAA or Nevada Capital cheaper?

Looking just at the national average rates, Nevada Capital is the less expensive of the two carriers, offering average rates of $125 a month compared to $314 for AAA. However, Nevada Capital won't necessarily be the cheapest carrier for each policyholder, since there are many different factors that are considered when it comes to your auto insurance payment.

Who is better, AAA or Nevada Capital?

Unfortunately, the only answer we can give you is "it depends.". No one company is "better" for everyone -- it all depends on what your unique insurance profile looks like.

Why do AAA and Nevada Capital offer me different rates?

Car insurance companies take a look at quite a few different variables when calculating the premiums they charge policyholders. Factors like gender, age, where you live, your driving record, and sometimes even things like your credit score can all be used. Both AAA and Nevada Capital calculate prices using different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from a range of different carriers.

How do I know if AAA or Nevada Capital is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best insurance carriers in your area. With those, you can guarantee you're getting the most affordable premium. And who knows, the best carrier for you might not be AAA or Nevada Capital at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.