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

Quick Facts

• In general, Nevada Capital offers significantly more affordable rates than Progressive
• Nevada Capital offers more affordable premiums for policyholders who drive fewer than 12,000 miles annually
• Progressive offers more discounts than Nevada Capital Insurance Company

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

So, you're considering switching your auto insurance. You've probably seen commercials and billboards from companies offering big discounts, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Nevada Capital or Progressive as your top options, but which one has less expensive rates for car insurance?

Looking at nationwide averages, Progressive has average rates that are about 30% per month more expensive than those from Nevada Capital.

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

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

Nevada Capital or Progressive: Average Car Insurance Rates by State

Nevada Capital and Progressive only compete against each other in Nevada, where Nevada Capital offers the cheaper average prices. For Nevada residents, undefined offers car insurance for undefined monthly on average. undefined's average rates come out to be more expensive, at undefined per month.

There are plenty of other factors that go into your auto 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?

You might already know that teen drivers typically pay a lot more for 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 insurance claim, making them much riskier to insure.

That being said, that doesn't mean teen drivers can't still save money on their car insurance. As you can see above, teens who use Nevada Capital save nearly $200 a month compared to those who use Progressive.

Even so, both carriers will offer you dramatically lower premiums by the time drivers turn 25. For example, average prices for Nevada Capital policyholders lower almost $150 and Progressive's premiums decrease more than $300 over that time.

Which is the Best Company for Retired Drivers?

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

But who has the best prices for retired drivers between Nevada Capital and Progressive? Nevada Capital gets the edge, with rates for drivers 65 and older over 35% less expensive than the national average for Progressive.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance premiums tend to be more expensive for single drivers than they are for married policyholders. That's because policies for married drivers generally cover multiple cars, which lots of companies will offer you a discount for.

When it comes to relationship status, Nevada Capital is the clear winner for single policyholders, with prices around $76 per month cheaper than Progressive, on average. For married couples, the advantage is clear again - Nevada Capital has the edge when it comes to average rates.

Nevada Capital vs. Progressive: Average Rates by Gender

Did you know women tend to pay less for auto insurance than men? This is because women are less likely to get tickets and get into collisions, which decreases the chances of an insurance claim.

On average, women see prices about 2% a month less with Nevada Capital, while with Progressive, the difference is closer to 3% per month.

Looking at the data for each carrier specifically, Nevada Capital comes out as the cheapest option for both genders, with average rates 31% less for men and 30% cheaper for women.

Nevada Capital or Progressive: 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. There are multiple different coverages that account for a bunch of different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

However, most policies end up falling into two different types of coverage -- liability only (that covers bodily injury and property damage for other drivers and passengers if you cause a collision) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with a liability policy).

If you're looking for state minimum liability insurance, Nevada Capital normally offers significantly more affordable premiums of $75 compared to Progressive's $111. When it comes to full coverage policies with similar limits, Nevada Capital again has the edge, with policies around $75 a month cheaper than Progressive, on average.

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

It's no big secret that drivers who are accident-free get better deals on their car insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Tickets and at-fault accidents will most likely raise your rates, but is Nevada Capital or Progressive more affordable for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Nevada Capital policyholders can expect their premiums to go up an average of $27 per month if they get a ticket, while Progressive generally raises prices about $31 a month, on average.

Even so, Nevada Capital has less expensive rates for drivers in both categories, offering prices that are 40% and 36% cheaper, respectively, compared to Progressive.

Which Company is Best for Drivers After an Accident?

Nevada Capital drivers who get in an accident can expect to see their premiums increase by over $35, while those who have insurance through Progressive will see around a $65 increase.

Overall, the less expensive rates come from Nevada Capital, with monthly premiums averaging $126 compared to Progressive's $214.

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 speeding ticket or even a collision. On average, Nevada Capital will raise your prices about 47% after a DUI, while Progressive's average premiums rise by over 15%.

How does Credit Score Impact Nevada Capital and Progressive Rates?

Often times, your credit score can come into play when carriers calculate your monthly bill. Certain states and companies do not allow for credit score to be used as a rating factor, but it does affect quite a few policyholders out there.

Auto insurance carriers argue that those with good credit scores are more likely to pay their bills on time each month, which decreases the risk involved on their end, while the opposite is true for those with bad credit.

So, which company offers the lowest prices for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Nevada Capital or Progressive 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 insurance bill? Typically, the more miles you put on your vehicle, the more you can expect to pay for coverage.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Progressive charges. However, there's a pretty significant difference in monthly rates for Nevada Capital, with drivers who put 6,000 miles on their car every year paying around $15 less each month compared to those who drive 12,000 miles yearly. Still, Nevada Capital is the more affordable option for drivers in both categories.

Nevada Capital vs. Progressive: 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, if you live in an urban area with more cars on the road, you'll pay a little more for car insurance, while the opposite is true for people in rural areas.

Nevada Capital tends to offer the lowest rates for drivers in every type of area, no matter if it's urban, suburban, or rural.

For policyholders in urban ZIP codes, Nevada Capital offers premiums about $171 a month compared to Progressive's $207. People who live in suburban ZIP codes can expect to pay around $114 per month for Nevada Capital and $179 for Progressive. Lastly, those in rural areas tend to get the most affordable prices from both companies, with average monthly rates coming in at $89 and $154 for Nevada Capital and Progressive respectively.

Nevada Capital vs. Progressive Discounts

Regardless of 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 possible, and the best way to do that is by taking advantage of as many insurance discounts as you can.

But where do you even start? With so many discounts out there, it may seem hard to find all the of the ones you're eligible for.

In the section below, we've taken a look at all of the different discounts Nevada Capital and Progressive offer their customers so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Progressive blows Nevada Capital away when it comes to the sheer amount of discounts available, offering 34 different discounts to Nevada Capital's 15.

Both carriers offer quite a few of the same discounts -- like advance quote discounts, discounts for being a defensive driver, discounts for being a good driver, and multi-policy discounts -- but Progressive also offers advanced safety feature discounts, agency transfer discounts, continuous insurance discounts, and more that Nevada Capital does not.

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

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

So, you've seen how different variables can affect your car insurance premiums. We've shown you all the discounts each company offers, too. That's all well and good, but when it comes down to it, which carrier is the right fit for you?

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

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

Progressive might be best for you if...

• You're planning on moving to another state soon -- undefined is only available to residents.
• You're looking for the company with the most discounts.

We hope this guide has ben a valuable resource as you compare Nevada Capital and Progressive. We also hope we've given you the information you need to make the best decision about your insurance.

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

Nevada Capital vs. Progressive FAQs

Is Nevada Capital or Progressive 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 $180 for Progressive. But Nevada Capital won't necessarily be the cheapest carrier for everyone, since there are a range of different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, Nevada Capital or Progressive?

Sadly, the answer truly is "it depends.". One company is not necessarily "better" for every driver -- it all boils down to your unique car insurance profile.

Why do Nevada Capital and Progressive offer me different rates?

Auto insurance carriers take a look at a lot of different variables when calculating the prices they charge drivers. Things such as where you live, where you park your vehicle, age, gender, and sometimes even things like your credit score can all be used. Both Nevada Capital and Progressive calculate premiums using different formulas, so each one will most likely offer different prices. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from many different companies.

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

The only way to find the car insurance company that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your information once and you'll get free quotes from dozens of the best auto 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 Nevada Capital or Progressive 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.