Best Homeowners Insurance in Nevada (2024)
- State Farm has the best home insurance in Nevada overall, with a low average rate ($98 a month) and great customer satisfaction scores.
- Nationwide has the state’s cheapest home insurance rates, at $89 a month.
- American Family has the best coverage options.
Cheapest home insurance companies in Nevada
State Farm is the state’s second-cheapest home insurance company, with rates that average $1,175 a year.
| Company | Annual rate | Monthly rate | LendingTree score |
|---|---|---|---|
 Nationwide | $1,065 | $89 |  |
 State Farm | $1,175 | $98 |  |
 Travelers | $1,351 | $113 | |
 Allstate | $1,565 | $130 | |
 USAA* | $1,723 | $144 | |
 American Family | $1,748 | $146 | |
 Farmers | $1,855 | $155 | |
 Country Financial | $1,925 | $160 |  |
 AAA | $2,224 | $185 |  |
*USAA is only available to current and former members of the military as well as certain family members.
To get cheap home insurance in Nevada, compare home insurance quotes from several companies before you renew or buy a policy.
Best home insurance companies in Nevada
| Company | Best for | Annual rate | Customer satisfaction** | Complaint index*** |
|---|---|---|---|---|
| State Farm | Overall | $1,175 | 643 | 1.05 |
| Nationwide | Affordable rates | $1,065 | 641 | 0.96 |
| American Family | Coverage options | $1,748 | 638 | 0.49 |
| Farmers | Discounts | $1,855 | 609 | 0.85 |
**Source: J.D. Power. Higher is better; 640 is average.
***Source: National Association of Insurance Commissioners (NAIC). Lower is better; 1.0 is average.
Best home insurance company overall: State Farm
With some of the cheapest rates and a reputation for customer service, State Farm is our pick for best home insurance company in Nevada.
| Pros | Cons |
|---|---|
| Second-lowest home insurance rate in Nevada Second-best customer satisfaction score of surveyed companies Highly rated app A++ financial strength rating from AM Best | Fewer add-on coverages than most other companies Not many discounts Complaint rating is average |
Cheapest home insurance rates: Nationwide
If you want Nevada’s cheapest homeowners insurance, go to Nationwide. Its average rate of $1,065 a year, or $89 a month, is 35% lower than the state average.
Nationwide offers a lot of discounts, too, which could make your policy even cheaper.
| Pros | Cons |
|---|---|
| Lowest home insurance rate in Nevada Many discounts and optional coverages Good customer satisfaction rating | Complaint rating is average |
Best home insurance coverages: American Family
American Family offers the most add-on coverages of the home insurance companies we surveyed in Nevada.
Some of the optional coverages you can add to your American Family home insurance policy:
- Itemized personal property
- Hidden water damage
- Roof damage
- Matching undamaged siding
- Identity protection
- Credit monitoring
| Pros | Cons |
|---|---|
| More coverage options than any company we surveyed Many discounts Good complaint rating | Rates tend to be expensive Customer satisfaction rating is slightly worse than average |
Best home insurance discounts: Farmers
No insurance company in Nevada offers more home insurance discounts than Farmers.
You could save money on your home insurance bill and earn a discount from Farmers if you:
- Bundle home and auto insurance policies
- Own a newer home
- Pay in full
- Install protective devices in your home
- Don’t file claims for three years
- Pay your bill on time
| Pros | Cons |
|---|---|
| Most discounts of companies we surveyed Complaint rating is better than average | High average home insurance rate Poor customer satisfaction rating Not many coverage options |
How much is home insurance in Nevada?
What you pay for home insurance depends on a number of factors, including how much dwelling coverage you get. Adding $50,000 of dwelling coverage to your policy raises your premium by about 12%, based on our data.
| Dwelling limit | Annual rate | Monthly rate |
|---|---|---|
| $350,000 | $1,444 | $120 |
| $400,000 | $1,626 | $135 |
| $450,000 | $1,813 | $151 |
Other factors that affect your home insurance cost:
- Age of your home
- Coverage amount you buy
- Deductible you choose
- Your credit, insurance and claims history
- Where you live in the state
Nevada homeowners insurance rates by city
Of Nevada’s largest cities, Carson City homeowners pay the cheapest home insurance rate of $1,423 a year, on average.
Winchester has the most expensive home insurance rate of $1,961 a year.
The average cost of home insurance in Las Vegas is $1,699 a year, while in Reno it’s $1,484.
| City | Annual rate | Monthly rate |
|---|---|---|
| Carson City | $1,423 | $119 |
| Enterprise | $1,511 | $126 |
| Fernley | $1,497 | $125 |
| Henderson | $1,519 | $127 |
| Las Vegas | $1,699 | $142 |
| North Las Vegas | $1,718 | $143 |
| Pahrump | $1,493 | $124 |
| Paradise | $1,775 | $148 |
| Reno | $1,484 | $124 |
| Sparks | $1,441 | $120 |
| Spring Valley | $1,624 | $135 |
| Summerlin South | $1,443 | $120 |
| Sunrise Manor | $1,755 | $146 |
| Whitney | $1,662 | $139 |
| Winchester | $1,961 | $163 |
Additional home insurance coverages needed in Nevada
Earthquakes, flooding, landslides and wildfires are among the disasters that can damage or destroy a home in Nevada.
A standard home insurance policy will cover most of these, but it won’t cover flood damage.
Flood insurance in Nevada
State law doesn’t require flood insurance, but most mortgage lenders will require it if you live in a high-risk flood zone.
You can buy flood insurance through the National Flood Insurance Program (NFIP) or some private insurance companies.
Frequently asked questions
The average cost of homeowners insurance in Nevada is $135 a month. That’s $1,626 a year.
You’ll pay more or less than that average amount based on things like how old your house is and how much coverage you get.
State Farm is Nevada’s best home insurance company if affordable coverage and customer service are important to you. It also has a great app and a helpful website that lets you get a quote, pay your bill and file a claim.
To get the cheapest home insurance in Nevada, get a quote from Nationwide, which has the state’s lowest average rate of $89 a month.
State Farm’s average rate is nearly as cheap, at $98 a month.
You will probably need to buy homeowners insurance in Nevada if you get a mortgage. Lenders usually require home insurance. State law doesn’t require it, though.