Nevada General vs. State Farm: Which Company is the Best Fit for You?

Quick Facts

• In general, State Farm offers significantly cheaper premiums than Nevada General
• State Farm offers less expensive average rates for drivers with a DUI charge on their record
• State Farm has more affordable prices for couples purchasing insurance together

Nevada General vs. State Farm: 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 Nevada General or State Farm, but between the two, which one will save you the most?

Looking at the national average rates for both companies, Nevada General has average rates that are about 35% per month more expensive than those from State Farm.

However, that doesn't necessarily mean State Farm will be the cheaper option for every driver. Car insurance carriers vary their premiums depending on things like how good your credit score is, where you live, how old you are, how clean your driving record is, and a ton of other factors, so rates could differ drastically from person to person.

Luckily, we've broken down average prices from both Nevada General and State Farm by several different rate factors, so read on to find out which carrier is the best for you.

Nevada General or State Farm: Average Car Insurance Rates by State

Nevada General and State Farm only compete against each other in Nevada, where State Farm offers the cheaper average premiums. For Nevada residents, State Farm offers auto insurance for $123 per month on average. Nevada General's average prices come out to be over 70% more expensive, at $249 monthly.

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 insurance companies calculate your rates. Keep reading to learn more.

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. Generally, that's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. As you can see above, teens who use State Farm save nearly $250 a month compared to those who use Nevada General.

That being said, both carriers will reduce rates once you turn 25. For example, average prices for Nevada General policyholders drop almost $400 and State Farm's premiums lower more than $200 over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable prices you'll ever find.

But who has the best rates for retired drivers between Nevada General and State Farm? State Farm gets the edge here, with average premiums coming in at around $111 a month compared to Nevada General's $188.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance prices tend to be more expensive for single policyholders than they are for married couples. That's normally because married policyholders tend to own and insure multiple cars, which can often earn you a discount.

When it comes to relationship status, State Farm is the clear winner for those who are single, with premiums about $113 per month less expensive than Nevada General, on average. The advantage is also clear for married drivers - State Farm offers the lowest average rates.

Nevada General vs. State Farm: Average Rates by Gender

Women tend to pay less for car insurance than men. This is because women are less likely to get speeding tickets and get into accidents, which lowers the chances of an insurance claim.

Usually, women see prices around 2% a month less with Nevada General, while with State Farm, the difference is closer to 7% per month.

Looking at the data for each company specifically, State Farm comes out on top for both men and women. On average, women save about $94 a month and men save about $87 with State Farm compared to the average Nevada General policyholder.

Nevada General or State Farm: 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.

It's no secret that insurance can be a complicated subject for most people. 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.

The two most common policies that many drivers look at fall into two categories -- liability only (that covers property damage and bodily injury for other drivers and their passengers if you cause a collision) and full coverage (which typically refers to having comprehensive and collision coverages in addition to what you get with liability).

If you're looking for state minimum limits for liability insurance, State Farm usually offers significantly more affordable rates of $99 compared to Nevada General's $150. When it comes to full coverage policies with similar limits, State Farm again has the edge, with policies around $150 per month cheaper than Nevada General, on average.

Is Nevada General or State Farm Better for Drivers with Spotty Records?

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

You'll probably end up paying more with tickets and at-fault accidents on your record, but which of these two companies offers the cheapest premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Nevada General policyholders can expect their rates to go up an average of $22 a month if they get a ticket, while State Farm typically raises premiums about $21 per month, on average.

Even so, State Farm is normally the less expensive option for both drivers who have a recent speeding ticket and those with clean records, offering prices that are 36% and 33% more affordable, respectively, compared to Nevada General Insurance Company.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Nevada General can expect to see around an $48 -- or about 19% -- increase in their insurance premiums. Drivers who use State Farm for their auto insurance will see a monthly bill around $29 (or 18%) more expensive after reporting an accident to their insurance carrier.

Overall, State Farm offers the most affordable prices for drivers with an at-fault accident on their records, with monthly rates averaging $163 compared to Nevada General Insurance Company's $257.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or ticket when it comes to your car insurance bill. Nevada General drivers usually see a 30% climb in their auto insurance premiums after a DUI charge, while State Farm will generally increase rates by about 25%.

How does Credit Score Impact Nevada General and State Farm Rates?

Did you know that many car insurance carriers take your credit score into account when calculating prices? This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it does affect many drivers out there.

Insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with less expensive rates.

Looking specifically at Nevada General and State Farm, which carrier has the best prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Nevada General or State Farm Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in how much auto insurance carriers will charge for coverage. Normally, those who drive fewer miles will end up with cheaper premiums since there's less of a chance of getting into a collision and causing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Nevada General charges. However, there's a small difference in monthly rates for State Farm, with policyholders who drive the least paying around $13 less each month compared to those who drive 12,000 miles annually. Still, State Farm is the more affordable option for drivers in both categories.

Nevada General vs. State Farm: 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 insurance, but the type of area you live in can have a big impact as well. Generally, if you live in a rural area with fewer cars on the road, you'll pay a little less for car insurance, while the opposite is true for people in urban areas.

When comparing these two companies side-by-side, State Farm usually comes out as the cheapest option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, State Farm's average prices are about $185 a month compared to Nevada General's $347. People in suburban areas pay a monthly rate of around $161 with State Farm compared to $191 with Nevada General. Those in rural areas can expect to pay about $127 monthly with State Farm compared to Nevada General's $209.

Nevada General vs. State Farm 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 utilizing as many insurance discounts as you can.

But with what seems like a million different discounts out there, it can be hard to nail down the company that has the most discounts for your unique driver profile and to find all the discounts you're eligible for.

In the section below, we've broken down all of the different discounts offered by both Nevada General and State Farm so that you can find the company that has the most discounts and, therefore, the biggest savings.

State Farm knocks Nevada General out of the park when it comes to the sheer number of discounts available, offering 14 more discounts than Nevada General.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a homeowner, and renewal discounts. State Farm also offers ABS discounts, annual mileage discounts, anti-theft discounts, and more that Nevada General does not.

On the flip side, Nevada General has a couple unique discounts of its own -- agency transfer discounts, EFT discounts, group discounts, and more.

Final Thoughts: Is Nevada General or State Farm Best for You?

You've seen the effect certain factors have on your auto insurance and the different discounts carriers offer. That's all well and good, but when it comes down to it, which carrier is the right fit for you?

State Farm might be best for you if....

• You have a DUI charge on your record.
• You want to save extra money with discounts.
• You're buying car insurance for a teen and looking for a wallet-friendly option.

Nevada General might be best for you if...

• You have a more unique driver profile than those we mentioned above.

We hope this guide helps you get a better idea of the difference between Nevada General and State Farm. We also hope we've given you the information you need to make the best decision about your 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 car insurance -- comparing quotes from a handful of companies, not just Nevada General and State Farm. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

Nevada General vs. State Farm FAQs

Is Nevada General or State Farm cheaper?

Looking just at the national average premiums, State Farm is the cheaper of the two companies, offering average rates of $158 per month compared to $249 for Nevada General. But State Farm won't necessarily be the lowest company for every policyholder, since there are many different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Nevada General or State Farm?

Sadly, the answer truly is "it depends.". Neither carrier is "better" for everyone -- it all depends on the makeup of your unique car insurance profile. For example, State Farm offers less expensive rates for policyholders with an at-fault accident on their record, while Nevada General is more affordable for drivers who have less-than-stellar credit scores.

Why do Nevada General and State Farm offer me different rates?

Auto insurance carriers take a look at a lot of different factors when determining the prices they charge drivers. Variables such as gender, where you live, your driving record, age, and sometimes even things like your credit score can all be used. Both Nevada General and State Farm calculate premiums using different factors, so each one will most likely offer different prices. The only real way to see which company is the cheapest for you is by comparing personalized quotes from a variety of different companies.

How do I know if Nevada General or State Farm is right for me?

The only way to find the insurance carrier that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code 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 lowest price. And who knows, the best company for you might not be Nevada General or State Farm 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.