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Elko Car Insurance
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The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.
The car insurance rate in Elko is $1128 for a six-month policy, which is $169 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $362, making it a popular choice for budget-conscious drivers. Rates in Elko can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.
At $362 for a six month policy, Country Financial offers the cheapest auto insurance rates in the city.
Capital Insurance Group offers auto insurance rates at $563 for a six-month policy, making it one of the cheapest to insure with.
Nationwide offers auto insurance rates at $698 for six months, making it the third cheapest auto insurance company in Elko.
Based on our research, the cheapest car insurance company in Elko, NV is Country Financial, offering policies at just $362 for a six-month term. This is followed by Capital Insurance Group, which has an average six-month premium of $563.
At the higher end of the spectrum, AAA is the most expensive, with rates reaching $2253 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Elko drivers find the best deals.
| Company | Avg. 6 Mo. Premium | Avg. Monthly Premium |
|---|---|---|
| Country Financial | $362 | $60 |
| Capital Insurance Group | $563 | $96 |
| Nationwide | $698 | $117 |
| Travelers | $868 | $146 |
| USAA | $956 | $161 |
| Progressive | $992 | $167 |
| State Farm | $1002 | $169 |
| Mercury | $1018 | $171 |
| American Family | $1215 | $204 |
| Encompass | $1313 | $224 |
| Mendakota Ins Co | $1457 | $243 |
| Farmers | $1535 | $258 |
| Allstate | $1566 | $264 |
| AAA | $2253 | $383 |
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Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Elko are given below.
Capital Insurance Group provides the cheapest minimum car insurance coverage in Elko. Their Average 6 Month Premium is $290. Encompass is the most expensive at $424 for the same period.
| Company | Avg. 6 Mo. Premium | Avg. Monthly Premium |
|---|---|---|
| Capital Insurance Group | $290 | $48 |
| Country Financial | $305 | $51 |
| Nationwide | $320 | $54 |
| USAA | $341 | $57 |
| Mercury | $357 | $60 |
| Progressive | $408 | $69 |
| Travelers | $413 | $70 |
| State Farm | $480 | $81 |
| American Family | $656 | $110 |
| Allstate | $812 | $137 |
| AAA | $868 | $144 |
| Farmers | $1028 | $175 |
| National General | $248 | $42 |
| Amica | $295 | $50 |
| Encompass | $424 | $70 |
One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Elko is Country Financial at $60 per month and $362 for six months.
| Company | Avg. 6 Mo. Premium | Avg. Monthly Premium |
|---|---|---|
| Country Financial | $362 | $60 |
| Capital Insurance Group | $563 | $96 |
| Nationwide | $698 | $117 |
| Travelers | $868 | $146 |
| USAA | $956 | $161 |
| Progressive | $992 | $167 |
| State Farm | $1002 | $169 |
| Mercury | $1018 | $171 |
| American Family | $1215 | $204 |
| Encompass | $1313 | $224 |
| Mendakota Ins Co | $1457 | $243 |
| Farmers | $1535 | $258 |
| Allstate | $1566 | $264 |
| AAA | $2253 | $383 |
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The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.
Despite maintaining a clean driving record, your car insurance rates in Elko, Nevada, may be increasing due to several external factors. Nevada has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.
Additionally, Elko's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.
It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.
| Age Group | Cheapest Companies | Avg. 6 Mo. Premium |
|---|---|---|
| 30s | Capital Insurance Group | $391 |
| 40s | Capital Insurance Group | $365 |
| 50s | Capital Insurance Group | $361 |
| 60s | Capital Insurance Group | $345 |
| 70s | Capital Insurance Group | $348 |
If you are planning to get a car insurance policy for your teenage dependent, Country Financial provides the cheapest car insurance in the Elko at $47 per month. At $1215 for a six-month premium, Kemper offers the most expensive rate for teen drivers.
| Company | Avg. 6 Mo. Premium | Avg. Monthly Premium |
|---|---|---|
| Country Financial | $274 | $47 |
| Capital Insurance Group | $491 | $82 |
| Travelers | $1080 | $182 |
| USAA | $1602 | $270 |
| Nationwide | $1633 | $275 |
| Progressive | $1912 | $322 |
| State Farm | $2661 | $448 |
| Mercury | $2832 | $477 |
| American Family | $3085 | $519 |
| AAA | $5623 | $937 |
| Allstate | $5886 | $991 |
| Farmers | $8356 | $1393 |
| AIG | $951 | $162 |
| Amica | $1132 | $189 |
| Kemper | $1215 | $206 |
Teen Car Insurance Rates in NV by Age
Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.
For those with poor credit scores in Elko, Nationwide is the cheapest car insurance provider. At $305 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Elko is State Farm, offering rates of around $4429 for six months.
| Company | Avg. 6 Mo. Premium | Avg. Monthly Premium |
|---|---|---|
| Nationwide | $305 | $52 |
| Country Financial | $310 | $51 |
| Mercury | $315 | $54 |
| Capital Insurance Group | $392 | $65 |
| Nevada General Insurance | $563 | $96 |
| Kemper | $626 | $104 |
| Travelers | $972 | $164 |
| Progressive | $1178 | $198 |
| USAA | $1757 | $298 |
| Allstate | $2821 | $471 |
| American Family | $2915 | $496 |
| AAA | $3323 | $554 |
| Farmers | $3540 | $602 |
| State Farm | $4429 | $738 |
Save up to $971/yr on car insurance rates in Elko.
Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Elko, NV, accidents can lead to significant hikes in your premiums.
The cheapest car insurance companies after an at-fault accident in Elko include Capital Insurance Group and Country Financial, offering $398 and $450, respectively. AAA is an expensive provider with an average six-month premium of $4025.
| Company | Avg. 6 Mo. Premium | Avg. Monthly Premium |
|---|---|---|
| Capital Insurance Group | $398 | $66 |
| Country Financial | $450 | $76 |
| Encompass | $532 | $89 |
| Travelers | $729 | $123 |
| USAA | $812 | $137 |
| Nationwide | $900 | $151 |
| State Farm | $930 | $157 |
| Progressive | $972 | $164 |
| Mercury | $1457 | $245 |
| Allstate | $2160 | $364 |
| American Family | $2651 | $446 |
| Farmers | $3385 | $576 |
| AAA | $4025 | $671 |
Here is a list of driving violations that can increase your car insurance rates in Elko NV. For example, the car insurance in Elko after a DUI increases to $796 for a six month policy. While the rate increases by $263 for a six-month policy in the case of a speeding ticket.
| Accident/Violation | Avg. 6 Mo Premium | Avg. Monthly Premium |
|---|---|---|
| None | $1173 | $196 |
| One Med/PIP claim | $1173 | $199 |
| Not-at-fault accident | $1225 | $204 |
| Two Med/PIP claims | $1225 | $208 |
| One comp claim | $1230 | $205 |
| Two comp claims | $1287 | $218 |
| Failure to wear a seat belt | $1375 | $229 |
| Child safety restraint | $1380 | $235 |
| Failure to show documents | $1385 | $231 |
| Driving without lights | $1406 | $239 |
| Driving with expired registration | $1411 | $235 |
| Speeding 6 - 10 MPH over limit | $1436 | $244 |
| Speeding 11 - 15 MPH over limit | $1442 | $240 |
| Speeding 16 - 20 MPH over limit | $1442 | $245 |
| Cell phone violation | $1447 | $241 |
| Driving too slowly | $1447 | $246 |
| Speeding in school zone | $1447 | $241 |
| Texting while driving | $1452 | $247 |
| Failure to stop at a red light | $1457 | $243 |
| Failure to yield | $1457 | $248 |
| Illegal turn | $1457 | $243 |
| Following too closely | $1468 | $250 |
| Wrong way/wrong lane | $1468 | $244 |
| Improper passing | $1473 | $251 |
| In 65 MPH zone | $1499 | $250 |
| Passing school bus | $1540 | $262 |
| Speeding 21 - 25 MPH over limit | $1550 | $258 |
| At-fault accident - less than $1000 | $1576 | $268 |
| Operating a vehicle without permission | $1582 | $264 |
| Open container | $1659 | $282 |
| At-fault accident - $1000-$2000 | $1721 | $287 |
| At-fault accident - greater than $2000 | $1721 | $292 |
| Refusal to submit to a chemical test | $1897 | $316 |
| Racing | $1964 | $334 |
| Driving with a suspended license | $1969 | $328 |
| DUI | $1969 | $335 |
| Reckless driving | $1990 | $331 |
| Leaving scene of an accident/hit and run | $2046 | $348 |
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A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.
There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Elko.
The cheapest car insurance premiums in Elko are offered by Country Financial at $362 for a six-month policy. However, it can be as expensive as $3431 with companies like Farmers.
| Company | Avg. 6 Mo. Premium | Avg. Monthly Premium |
|---|---|---|
| Country Financial | $362 | $62 |
| Capital Insurance Group | $563 | $94 |
| Kemper | $626 | $106 |
| Nevada General Insurance | $646 | $108 |
| Travelers | $801 | $135 |
| Progressive | $1044 | $176 |
| Nationwide | $1153 | $194 |
| USAA | $1395 | $235 |
| Mercury | $1401 | $236 |
| State Farm | $1416 | $238 |
| Allstate | $2118 | $357 |
| American Family | $2651 | $446 |
| AAA | $3194 | $543 |
| Farmers | $3431 | $572 |
One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Elko are offered by Country Financial at $253. However, it can be as expensive as $563 with companies like Amica for a similar six-month premium.
| Company | Avg. 6 Mo. Premium | Avg. Monthly Premium |
|---|---|---|
| Country Financial | $253 | $43 |
| Nationwide | $274 | $45 |
| Mercury | $300 | $51 |
| Capital Insurance Group | $383 | $64 |
| State Farm | $1070 | $180 |
| Progressive | $1090 | $184 |
| USAA | $1106 | $188 |
| Travelers | $1173 | $197 |
| American Family | $4537 | $772 |
| Allstate | $4718 | $786 |
| AAA | $5261 | $894 |
| Farmers | $5395 | $900 |
| Kemper | $517 | $86 |
| Chubb | $538 | $91 |
| AIG | $543 | $90 |
| Amica | $563 | $96 |
Car insurance rates in Elko have fluctuated due to factors such as state regulations, inflation, and changing driving habits.
The average cost of full coverage in the Elko rose by $264 in December compared to $262 of November. In other words, there has been an increase by $2 when you compare December and November.
The average cost of liability insurance in the Elko rose to $77 in December, compared to $75 in November. This represents an increase of $2 when comparing December and November.
How much is car insurance in Elko?
The car insurance in Elko is $48 per month, which is lower than the national average.
What is the cheapest car insurance in Elko?
The cheapest car insurance in Elko is $60 per month for full coverage.
How much is car insurance in Elko for teenagers?
Car insurance for teenagers costs $274 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.
What's the average cost of car insurance in Elko?
The average cost of car insurance is $1297 for a six-month policy. It will cost around $190 per month to insure your car in Elko.
Is car insurance expensive in Elko?
Car insurance can be expensive in Elko if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Elko can be affordable.
What is the best car insurance in Elko, NV?
The best car insurance company in Elko NV is Country Financial, offering $362 for a six-month policy.
Cut auto insurance costs in Elko right now.