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

Quick Facts

• Based on national averages for car insurance, Nevada Capital offers significantly more affordable prices than Allstate
• Allstate offers more discounts than Nevada Capital Insurance Company
• Nevada Capital tends to be a much less expensive option for residents of rural areas

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

So, you're considering switching your auto insurance. With so many ads from all sorts of companies offering big discounts, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to Allstate or Nevada Capital as potential options, but which carrier will offer you cheaper rates?

Looking at nationwide averages, Allstate is quite a bit more expensive than Nevada Capital, with premiums averaging $199 per month compared to just $125 with Nevada Capital.

But that doesn't necessarily mean Nevada Capital will be the more affordable option for every single driver. After all, insurance companies can offer drastically different rates to each driver depending on rating factors like where you call home, your driving record, your age, or even your credit score (among other things). So, at the end of the day, prices from every company will differ quite a bit from person to person.

Wanting to know if Allstate 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.

Allstate or Nevada Capital: Average Car Insurance Rates by State

Allstate and Nevada Capital only compete against each other in Nevada, where Nevada Capital offers the cheaper average prices. For Nevada residents, Nevada Capital offers car insurance for $125 a month on average. Allstate's average premiums come out to be over 70% more expensive, at $247 monthly.

But there's more to auto insurance than just where you live. As we mentioned above, there's a lot of things that go into how insurance carriers calculate your rates. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for car insurance than any other group of drivers. Usually, that's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

That being said, that doesn't mean teen drivers can't still save money on their auto insurance. For example, 18-year-old drivers pay an average of more than $150 less a month by choosing Nevada Capital over Allstate. It's worth noting that Allstate offers car insurance in 47 different states compared to Nevada Capital's one, which can skew the average premiums a bit, but the difference here is still considerable.

Even so, both companies will reduce prices by the time you turn 25. Nevada Capital offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. Allstate's average rates lower nearly 65% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll normally enjoy the most affordable auto insurance prices you can find. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for insurance.

When looking at Allstate and Nevada Capital specifically, which company is best for retired drivers? Nevada Capital gets the edge, with rates for drivers 65 and older $67 less expensive than the national average for Allstate.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance premiums tend to be cheaper for married couples than they are for those who are single. That's because policies for married policyholders typically cover more than one car, which a lot of carriers will offer you a discount for.

When it comes to relationship status, Nevada Capital is the clear winner for single policyholders, with prices about $86 per month less expensive than Allstate, on average. The advantage for married drivers with Nevada Capital is also obvious, where drivers save over $55 a month.

Allstate vs. Nevada Capital: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim, which means they'll normally end up paying more for insurance than women.

On average, men see rates almost $10 per month higher with Allstate, and around $2 with Nevada Capital.

Looking at the data for each carrier specifically, Nevada Capital comes out as the cheapest option for both genders, with average prices 38% less for men and 36% cheaper for women.

Allstate 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.

Car insurance isn't the easiest topic to understand. Everyone needs auto insurance, but there are so many different terms and limits that it can be hard to find the right policy.

However, most policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which usually refers to having comprehensive and collision coverages alongside liability coverage).

If you're looking for state minimum liability insurance, Nevada Capital typically offers significantly more affordable rates of $75 compared to Allstate's $108. When it comes to full coverage policies with similar limits, Nevada Capital again has the edge, with policies about $100 a month cheaper than Allstate, on average.

Is Allstate 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 collisions lead to higher prices, but which company -- Allstate or Nevada Capital -- has the most affordable premiums for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

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

Even so, Nevada Capital tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records, offering rates that are 43% and 37% more affordable, respectively, compared to Allstate.

Which Company is Best for Drivers After an Accident?

Both carriers will increase premiums pretty significantly if you get into an at-fault accident with Allstate climbing by just under $75. Nevada Capital has a less extreme raise, but you can still expect to pay over $35 more than you were prior to your first collision.

Overall, drivers who use Nevada Capital end up with the cheaper prices after an accident, with monthly prices averaging $126 compared to Allstate's $229.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple ticket or even a collision. For example, Nevada Capital increases average rates by nearly $80 per month -- that's over a 45% increase.

Nevada Capital has the overall lowest premiums for drivers with a DUI on their records at $168 per month, but it's worth noting that Allstate's average rates come from 47 states compared to just one for Nevada Capital, so the data may be skewed slightly.

How does Credit Score Impact Allstate and Nevada Capital Rates?

You may not have known, but your credit score can come into play when companies determine your monthly bill. This isn't always the case (California, for example, has banned the use of credit score as a rating factor) but it will come into play for many drivers.

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

So, which carrier offers the cheapest premiums for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with Nevada Capital. Policyholders with "excellent" credit can save more than 30% compared to Allstate, and those with "good" scores can also expect to see savings -- about $58 or 34% cheaper each month.

Which Company is Best for Drivers with Bad Credit?

Nevada Capital typically offers lower prices than Allstate when it comes to drivers with bad credit. Drivers with "fair" credit pay around $75 a month less with Nevada Capital compared to Allstate, and those with "poor" scores typically save an average of about $119 monthly.

Is Allstate 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 premiums? That's because the fewer miles you put on your vehicle, the less likely you are to get into an accident 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 less expensive prices than Allstate. Nevada Capital's average rates for drivers with 6,000 annual miles come in around $80 more affordable than Allstate. Those who drive 12,000 miles yearly can expect to pay about $68 less with Nevada Capital over Allstate.

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

Where your home is can play a large role in how much you pay for auto insurance. Generally, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders because of the number of cars that are on the roads in those areas.

Nevada Capital boasts the most affordable average prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Nevada Capital offers rates around $171 a month compared to Allstate's $222. People who live in suburban ZIP codes can expect to pay about $114 per month for Nevada Capital and $199 for Allstate. Lastly, those in rural areas tend to get the cheapest premiums from both companies, with average monthly prices coming in at $89 and $174 for Nevada Capital and Allstate respectively.

Allstate vs. Nevada Capital Discounts

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

But where do you even start? With what seems like a million different discounts out there, it may be difficult to find all the ones you qualify for.

In the section below, we've compared all of the different discounts offered by Allstate and Nevada Capital so that you can see which one can save you the most money each month.

Allstate knocks Nevada Capital out of the park when it comes to the sheer number of discounts available, offering 40 different discounts to Nevada Capital's 15.

A couple of those are overlapping for things like advance quote discounts, discounts for being a defensive driver, discounts for being a good driver, and discounts for insuring multiple cars with the same company. Allstate also offers agency transfer discounts, alert driving discounts, annual mileage discounts, and more that Nevada Capital does not.

On the flip side, Nevada Capital has a unique discount of its own -- a employee discounts.

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

You've seen the effect certain variables have on your car insurance and the different discounts carriers offer. That's all well and good, but at the end of the day, which insurance carrier is the best company for you and your specific profile and needs?

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

• You're single and purchasing insurance by yourself.
• Your credit is less-than-stellar.
• You are over 65 years old and want to save some money on your auto insurance.

Allstate might be best for you if...

• You value the experience that comes with a large national car insurance company.
• You're looking for discounts -- Allstate has the most.

We hope this guide helps you get a good idea of the differences between Allstate and Nevada Capital. We also hope we've given you the information you need to make the best decision when it comes to your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on insurance -- comparing quotes from multiple companies, not just Allstate and Nevada Capital. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get multiple free quotes from some of the best car insurance carriers in your area, all in just a few minutes.

Allstate vs. Nevada Capital FAQs

Is Allstate or Nevada Capital cheaper?

Looking just at the national average rates, Nevada Capital is the cheaper of the two companies, offering average rates of $125 a month compared to $199 for Allstate. However, Nevada Capital won't necessarily be the most affordable carrier for each policyholder, since there are a variety of different factors that are considered when it comes to your insurance payment.

Who is better, Allstate or Nevada Capital?

Unfortunately, the only answer we can give you is "it depends.". Neither company is "better" for everyone -- it all depends on the makeup of your unique auto insurance profile.

Why do Allstate and Nevada Capital offer me different rates?

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

How do I know if Allstate 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 a handful of carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code and you'll get free quotes from dozens of the best insurance companies in your area. That way, you can guarantee you're getting the best price. And who knows, the best carrier for you might not be Allstate 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.