Fernley, NV Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Fernley, NV, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Car Insurance in Fernley, NV
The average cost of car insurance in Fernley, NV, is $1,919. Auto insurance is one of Fernley, Nevada's most important things drivers can have. It protects them financially in the event of an accident and is required by state law. There are various auto insurance companies and plans available, so drivers need to shop around and find the one that best meets their needs. When shopping for auto insurance in Fernley, Nevada, drivers should be sure to get quotes from multiple companies. Various factors go into determining rates, so each company will come up with a different quote. It is important to compare rates and coverage before making a decision. This article will give a general overview of Fernley, Nevada automobile insurance, covering the variables influencing Fernley, Nevada car insurance rates.
Credit History
A driver's credit history can affect the cost of their car insurance. Drivers with good credit histories tend to pay less for their car insurance than those with bad credit histories. This is because insurers see drivers with good credit as less risky. They are less likely to file a claim, and if they do, they are more likely to pay their bills on time. On the other hand, poor credit can make a driver a high-risk customer. This can lead to higher premiums and even being denied coverage. For instance, poor credit might cause auto insurance rates in Fernley, Nevada, to soar. In Fernley, Nevada, car owners with excellent credit must pay $1,879, while those with poor credit must pay $3,130.
Age of the Driver
There are a few reasons why the driver's age affects the cost of car insurance in Fernley, NV. First, younger drivers are considered riskier than older drivers. This is because they are more likely to be involved in accidents, and they are also more likely to speed and other traffic violations. As a result, insurance companies charge higher rates for younger drivers. Another reason age affects car insurance costs is that older drivers tend to have more experience behind the wheel. This experience generally leads to safer driving habits, which results in lower rates. For instance, teenagers in Fernley, Nevada, pay $6,227 for car insurance, whereas 30 year older drivers in that city pay $1,899.
A Clean Driving History
Clean driving history is one of the best ways to reduce the cost of car insurance in Fernley, NV. Insurance companies use a variety of factors to determine rates, and a clean driving record is one of the most important. Drivers with a history of accidents, traffic violations, or DUIs will pay more for insurance than those with a clean record. For example, Running a red light while driving or driving with a suspended license will raise the cost of vehicle insurance in Fernley, Nevada, by +$447 and +$1,293, respectively.
Factors that can influence the cost of car insurance in Fernley, NV are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Fernley, NV Auto Insurance Rates
- Fernley, NV Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Fernley, NV
- Multi Vehicle Insurance Savings in Fernley, NV
- How Credit Score Affects Car Insurance Rates in Fernley, NV
- How DUI Affects Auto Insurance Premiums in Fernley, NV
- How Driving Violations Affect Auto Insurance Rates in Fernley, NV
- Fernley, NV Auto Insurance Discounts on Anti Theft Feature
Fernley, NV Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Fernley, NV with that of other cities in and around Fernley.
| Fernley | Wadsworth | Stagecoach | Storey County | |
|---|---|---|---|---|
| Average Insurance Rates | $1,919 | $1,839 | $1,860 | $1,940 |
Fernley, NV Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Fernley, NV based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Fernley | $946 | $799 |
| Wadsworth | $1,223 | $1,033 |
| Stagecoach | $2,752 | $2,325 |
| Storey County | $1,433 | $1,210 |
Fernley, NV Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Fernley, NV usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $6,227 |
| 20 Years | $2,466 |
| 30 Years | $1,899 |
| 40 Years | $1,827 |
| 50 Years | $1,692 |
| 60 Years | $1,716 |
| 70 Years | $1,997 |
Fernley, NV Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Fernley, NV can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $3,262 | $576 |
| 3 Vehicles | $4,893 | $864 |
| 4 Vehicles | $6,525 | $1,151 |
Savings on 2 Vehicles bundle:$576
Savings on 3 Vehicles bundle:$864
Savings on 4 Vehicles bundle:$1,151
Fernley, NV Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Fernley, NV.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Fernley | $1,919 | $3,047 |
| Wadsworth | $1,839 | $2,920 |
| Stagecoach | $1,860 | $2,954 |
| Storey County | $1,940 | $3,081 |
Fernley, NV Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,646 |
| Excellent (740-799) | $1,879 |
| Good (670-739) | $2,000 |
| Average (580-669) | $2,609 |
| Poor (300-579) | $3,130 |
Fernley, NV Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$84 | $2,003 |
| Driver's Failure In Showing Documents | +$186 | $2,105 |
| Driving With An Expired Registration | +$198 | $2,117 |
| Driving At A Considerably Slow Pace | +$416 | $2,335 |
| Using A Cellphone While Driving | +$439 | $2,358 |
| Running A Red Light | +$447 | $2,366 |
| Speeding | +$470 | $2,389 |
| Driving A Vehicle Without The Required Permission | +$597 | $2,516 |
| Driving With An Expired/Suspended License | +$1,293 | $3,212 |
Fernley, NV Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,842 |
| Active Disabling Device | $1,842 |
| Tracking Device | $1,804 |
| Passive Disabling Device | $1,785 |