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

Quick Facts

• Based on national averages for car insurance, Nevada Capital offers more affordable rates than American Family
• American Family may help you save more money -- they offer more discounts than Nevada Capital Insurance Company
• Nevada Capital offers more affordable premiums for drivers who have a speeding ticket on their driving record

American Family or Nevada Capital: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? With so many ads from all sorts of companies offering big savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to American Family or Nevada Capital as potential options, but which one will save you the most?

Looking at the national average rates for both carriers, Nevada Capital has average rates that are around 11% a month cheaper than those from American Family.

But Nevada Capital may not be the most affordable or best option for each driver out there. After all, auto insurance companies can offer drastically different rates to every driver depending on rating factors like where you call home, your credit score, your age, or even your driving record (among other things). So, at the end of the day, prices from each company will differ quite a bit from person to person.

Wanting to know if American Family 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.

American Family vs. Nevada Capital: Average Car Insurance Rates by State

American Family and Nevada Capital only compete against each other in Nevada, where Nevada Capital offers the cheaper average premiums. Nevada Capital drivers tend to pay about $155 per month less on average compared to drivers who use American Family for their insurance.

But there's more to car insurance than just the state you live in. As we mentioned above, there's a lot of things that go into how auto insurance carriers determine your prices. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers usually pay a lot more for car insurance than any group out there on the road. It's normally because teen drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

However, that doesn't mean that teen drivers have to just accept sky-high insurance premiums. For example, 18-year-old drivers pay an average of over 10% less a month by choosing Nevada Capital over American Family. It's worth noting that American Family offers auto insurance in 16 different states compared to Nevada Capital's one, which can skew the average rates a bit, but the difference here is still considerable.

That being said, with both companies, you'll see your prices decrease significantly by the time you turn 25. For example, average premiums for American Family policyholders reduce more than 60% and Nevada Capital's rates drop almost 55% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the lowest insurance prices out there. After all, they've likely been driving for quite some time, which generally reduces their chances of collisions and other infractions that can raise premiums.

But who has the best rates for retired drivers between American Family and Nevada Capital? Nevada Capital gets the edge, with premiums for drivers 65 and older $22 less expensive than the national average for American Family.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive car insurance prices than married couples. That's because policies for married drivers typically cover more than one vehicle, which a lot of carriers will give you a discount for.

For those who are single, the difference in average rates between these two companies is significant, with Nevada Capital premiums coming in at about 15% less than American Family's. But for married policyholders, that advantage is much less clear - Nevada Capital offers the cheapest average prices , but the difference is only $8.

American Family or Nevada Capital: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim. That means when it comes to auto insurance men will usually end up paying a little more.

With American Family, women normally pay around $5 per month less than men, and about $2 with Nevada Capital.

Looking at the data for each company specifically, Nevada Capital comes out as the most affordable option for both genders, with average rates $17 less for men and $14 cheaper for women.

American Family vs. 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.

Insurance isn't the easiest topic to understand. Everyone needs car insurance, but there are so many different coverages and limits that it can be hard to find the right policy for you.

Even so, the most common policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause a collision) and full coverage (which generally refers to having collision and comprehensive coverages alongside what you get with a liability policy).

Looking specifically at state minimum liability insurance, Nevada Capital has the edge, with average monthly premiums coming in at $75. If you want a full coverage policy with the same state minimum limits, Nevada Capital again has the edge, with policies averaging around $174 a month to American Family's $185.

Is American Family or Nevada Capital Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that speeding tickets and at-fault collisions lead to higher rates, but which carrier -- American Family or Nevada Capital -- has the cheapest prices for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use American Family for their auto insurance can usually expect their monthly bill to go up about 20% after getting a speeding ticket. Nevada Capital policyholders can expect a bit more drastic of an increase of around 23%.

But Nevada Capital has more affordable premiums for drivers in both categories -- their rates are around 25% less expensive for drivers with clean records and 21% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

American Family drivers who get in an accident can expect to see their prices climb by $20, while those who have insurance through Nevada Capital will see about a $35 increase.

At the end of the day, Nevada Capital offers the lowest rates for drivers with an at-fault collision on their records, with average premiums coming in at $126 compared to American Family Insurance's $138.

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 prices by nearly $80 per month -- that's more than a 45% increase.

American Family has the overall most affordable rates for drivers with a DUI on their records at $158 monthly, but it's worth noting that American Family's average rates come from 16 states compared to just one for Nevada Capital, so the data may be skewed slightly.

How does Credit Score Impact American Family and Nevada Capital Rates?

Did you know many car insurance carriers take into account your credit score when determining prices? This isn't true for everyone (for example, are two states that ban the practice entirely), but it does affect quite a few policyholders out there.

Insurance companies argue that those with good credit scores are more likely to pay their bills on time every month, which lowers the risk involved on their end, while the opposite is true for those with bad credit.

Looking specifically at Nevada Capital and American Family, which carrier has the cheapest premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have great credit, American Family will normally reward you the most for an "excellent" credit score. For policyholders with "excellent" credit scores, American Family comes in 0% more affordable. Drivers with "good" credit scores typically save around 5% with Nevada Capital compared to average rates from American Family.

Which Company is Best for Drivers with Bad Credit?

Nevada Capital typically offers lower prices than American Family when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay about 9% a month less with Nevada Capital compared to American Family, and those with "poor" scores generally save an average of around 22% a month.

Is American Family 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 sizable impact on your monthly rates? Usually, those who drive fewer miles will end up with less expensive premiums since there's less of a chance of causing an accident and filing an insurance claim.

For both remote workers and those taking short commutes, Nevada Capital tends to be the cheaper option. Nevada Capital's average prices for drivers with 6,000 annual miles come in over 15% less expensive than American Family. Those who drive 12,000 miles each year can expect to pay nearly 10% less with Nevada Capital over American Family.

American Family or Nevada Capital: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a pretty big role in how much you pay for car insurance. Normally, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders since there are a lot fewer cars on the road where they live, which decreases the chances of an accident.

Looking at these carriers side-by-side, Nevada Capital tends to offer the most affordable option for drivers in rural and suburban areas, while American Family wins in urban areas.

If you live in a rural area, you can expect to pay about $89 per month with Nevada Capital and $121 with American Family. People in suburban areas pay around $114 with Nevada Capital compared to American Family's $134 monthly. In urban areas, American Family's average prices are about $166 while Nevada Capital offers premiums around $171.

American Family vs. Nevada Capital Discounts

No matter why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as you can, and the best way to do that is by taking advantage of as many insurance discounts as possible.

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

Luckily, we did the hard work for you and compared all of the different discounts offered by American Family and Nevada Capital so that you can see which company can save you the most money each month.

American Family blows Nevada Capital away when it comes to the sheer amount of discounts available, offering six more discounts than Nevada Capital.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a good student, and paid in full discounts. American Family also offers discounts for connect partner, COVID-19 relief, distant student, and more.

On the other hand, Nevada Capital has a few proprietary discounts of their own for things like ABS discounts, employee discounts, good driving discounts, and more.

Final Thoughts: Is American Family or Nevada Capital Best for You?

So, we've broken down the average rates for many of the factors car insurance companies look at, and we've shown you all the discounts each carrier offers. That's all well and good, but when it comes down to it, which insurance company is the best fit for you?

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

• You've received a ticket for speeding recently and don't want to see your prices rise.
• Your home is located in the suburbs.
• You have a short drive to work everyday.

American Family might be best for you if...

• Your driving record includes a DUI charge.
• You're looking for the carrier with the most discounts.
• You live in an urban area.

Hopefully, this guide has ben a valuable resource as you compare American Family 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.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from a handful of carriers, not just American Family and Nevada Capital. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best auto insurance companies in your area, all in just a few minutes.

American Family vs. Nevada Capital FAQs

Is American Family or Nevada Capital cheaper?

Nevada Capital is the more affordable of the two carriers when looking at national average premiums, with policies averaging $125 per month with Nevada Capital and $140 for American Family. However, that doesn't mean Nevada Capital will be the lowest company for every policyholder, since there are a variety of different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, American Family or Nevada Capital?

Sadly, the real answer is "it depends.". One carrier is not necessarily "better" for each policyholder -- it all depends on the makeup of your unique car insurance profile.

Why do American Family and Nevada Capital offer me different rates?

Insurance companies use many different factors when calculating the rates they charge. Things such as age, gender, your driving record, where you live, and sometimes even things like your credit score can all be taken into consideration. Both American Family and Nevada Capital calculate prices using different formulas, so it's likely they'll offer different premiums. The best way to determine which company is the cheapest for you is by comparing personalized quotes from a bunch of different carriers.

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

The only way to find the auto insurance carrier that's right for you is by getting quotes from several 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 ZIP code and you'll get quotes from dozens of your local top car insurance carriers for free. That way, you can guarantee you're getting the most affordable price. And maybe you'll find that the best company for you isn't American Family or Nevada Capital at all, but another you hadn't even thought of!

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.