Best homeowners insurance in Nevada for 2025

Compare the best homeowners insurance companies in Nevada

Bankrate’s insurance editorial team analyzed average premiums from the largest home insurance carriers in the Silver State by market share. We also reviewed each company’s available coverage, discount opportunities and customer satisfaction. Based on this research, we identified USAA, Country Financial, State Farm, American Family and Farmers as insurers who excel across the board and are writing some of the best homeowners insurance in Nevada.

The top 5 home insurance companies in Nevada

Additional Nevada home insurance companies to consider

Allstate

Travelers

How Bankrate chose the best home insurance companies in Nevada

To determine the best Nevada home insurance companies, Bankrate's insurance editorial team, which includes licensed agents, analyzed average premiums sourced from Quadrant Information Services. We also looked at third-party ratings for customer satisfaction from J.D. Power and financial strength ratings from AM Best, along with digital accessibility, coverage options and discount opportunities. With all this data factored in, we calculated a Bankrate Score from 0.0 to 5.0 for each company (with 5.0 being the highest).

Cheapest home insurance companies in Nevada

Bankrate knows that, for many homeowners, price is front-of-mind when shopping for a home insurance policy. To help homeowners looking to spend less on their home insurance, we put together a list of some of the best cheap home insurance companies in Nevada.

How to get cheap Nevada home insurance

Of course, no matter where you live, you want to purchase home insurance that covers your finances adequately at the lowest price possible. Here are a few strategies that might help you save money when you shop around for Nevada homeowners insurance.

1. Take advantage of bundling: Almost all insurers offer significant savings if you purchase more than one policy from them. Most commonly, this will mean you have your home and car insurance with the same company.
2. Take care of your roof: An older roof can cause costly insurance claims, so insurers want to know how old your roof is when you ask for a quote. A newer roof will typically earn you a better price on home insurance, and if it's made with storm-resistant materials, you may even earn a discount.
3. Watch your credit: Statistically, people with worse credit (which factors into your credit-based insurance score) file more claims, so having a poor credit history can affect your home insurance rates in most states. Try to keep an eye on your credit, or consider working with a financial counselor to improve your credit status.
4. Increase your deductible: A higher deductible means you pay more out of pocket in the event of an approved claim. While it's likely to earn you a lower premium, make sure that whatever deductible you select is an amount you feel comfortable paying on short notice.

Best home insurance discounts in Nevada

In addition to the strategies we've listed above, you might be able to save money on your Nevada home insurance by utilizing available discounts. A knowledgeable insurance agent can help you determine which home insurance discounts offered by your preferred company you qualify for, or you may be able to find a listing of them on your company's website. Here are a few that are common in Nevada:

How to save on home insurance policy renewals in Nevada

Most home insurance policies renew every year, and with that renewal date typically comes a new premium. Here’s what you can do to help shave some money off your premium:

• Upgrade your home’s security: If you take steps to fortify your home against break-ins, your insurer may reward you with a lower premium. This can be as elaborate as a whole-home security system or something as simple as just a doorbell camera.
• Ask about discounts: A lot can change between home insurance policy renewal dates. You could have started a job in a different industry, installed protective devices in your home, turned 65 or gotten some work done on your roof. Speaking with a licensed insurance agent could help you spot discounts you may have missed out on the first time around.
• Try to limit claims: Statistically, homeowners who have filed a claim are more likely to file another one in the future. Claims cost insurers money, which means they might charge you a higher rate to help recoup their losses. As a rule of thumb, many experts recommend only filing a claim if the repairs are significantly higher than your deductible.

How much is home insurance in Nevada?

The average cost of homeowners insurance in Nevada is $1,031 per year for a policy with $300,000 in dwelling coverage. For comparison, the average cost of home insurance in the United States is $2,258 per year. Nevada homeowners pay about 54 percent less than the average American for their home insurance coverage.

Home insurance in Nevada is cheaper on average than in many bordering states. In California, the average annual home insurance premium is $1,429 and in Arizona, homeowners pay an average of $2,245 per year. A number of factors go into determining home insurance premiums. Nevada is less prone to severe weather and wildfire impacts compared to neighboring states, leading to lower property claim frequency and severity.

Nevada homeowners insurance rates by city

Insurance risks like break-ins and natural disasters are not spread equally across Nevada. As such, home insurance costs are subject to vary from ZIP code to ZIP code. With the interactive map below, you can compare home insurance costs where you live to other Nevada ZIP codes.

*Rates are for $300,000 in dwelling coverage.

What does home insurance cover in Nevada?

A home insurance policy is written on a standard form that covers a list of specified incidents called perils. The most common type of home insurance is an HO-3 form, which protects the financial investment you’ve made in your dwelling and other structures on your property on an open-peril basis. Your personal property is covered on a named-peril basis. This means that your dwelling and other structures are covered for damage from everything except what is specifically excluded in your policy, while your personal property is only covered for damage from perils written in your policy.

So, in order to be protected for more than what’s in your policy, you might consider purchasing endorsements. But, before you research what you need to add, you should first get familiar with what your home insurance policy already covers:

• Smoke
• Falling objects
• Vandalism
• Fire and lightning
• Explosions
• Theft

Additional home insurance coverage types in Nevada

Most Nevada homeowners insurance companies offer basic homeowners insurance, plus a variety of endorsements for additional coverage. Here are other insurance types that Nevada homeowners might want to consider that are not included in a standard HO-3 policy. Some types of coverage may be available as an endorsement rather than a separate policy. You can speak with your insurance agent to learn more.

• Flood insurance: Flood damage is not covered by standard homeowners insurance policies. You will need a flood insurance endorsement (offered by relatively few companies) or a separate flood insurance policy from the National Flood Insurance Program (NFIP) or a private insurer to be covered. According to the Federal Emergency Management Agency, the average cost of a flood insurance policy in Nevada is $824 per year.
• Earthquake insurance: Homeowners insurance policies generally do not include coverage for earthquake damage, but you may be able to add it as an endorsement. If you are in a high-risk area, you may need a separate earthquake insurance policy. This is something Nevada homeowners will want to take seriously, as it is the third-most earthquake-prone state in the country (behind California and Alaska).
• Water backup insurance: Water damage caused from a backed-up sewer or drain lines is not an automatic coverage and often must be added by endorsement. This kind of damage may be more common in basements and crawl spaces but can occur from any sewer or drain line.

If you are unsure what coverage options may be best for your situation, talking with an agent might be helpful.

Common Nevada home insurance problems

Nevada may be less prone to natural disasters than its neighboring states, but that does not necessarily put homeowners in the clear for experiencing weather-related damage. Nevada is one of the driest states, but floods are still common. Nevada may be known for its sprawling deserts; however, it also gets a noticeable amount of snow. Other common hurdles Nevada homeowners may encounter include:

• Coverage limitations in wildfire risk zones
• Obtaining flood insurance
• No FAIR Plan or similar program for homeowners in high-risk areas

Frequently asked questions

Additional profiles:

• Coverage A, Dwelling: $150,000, $350,000, $450,000, $750,000
• Coverage B, Other Structures: $15,000, $35,000, $45,000, $75,000
• Coverage C, Personal Property: $75,000, $175,000, $225,000, $375,000
• Coverage D, Loss of Use: $30,000, $70,000, $90,000, $150,000
• Coverage E, Liability: $500,000
• Coverage F, Medical Payments: $1,000

Bankrate Scores 

Our 2025 Bankrate Score considers variables our insurance editorial team determined impact policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s cost of coverage, product availability, financial strength ratings, online capabilities and customer and claims support accessibility. We grouped these factors into three essential categories — cost and ratings, coverage and savings, and support — which we then weighted in a tiered approach. 

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.