Why Is Car Insurance so Expensive in Las Vegas?

January 8, 2024

I’ve just relocated to Las Vegas and found out that auto insurance is expensive in Vegas. Why is it so? 


Las Vegas car insurance is expensive because of its large population, tourist traffic (more than 32 million visitors a year), high crime rate, and frequent accidents, including fatal ones. There are often more than one million people driving at any given time.

In recent years, insurers have seen more claims and thus charge more. The average yearly cost of auto insurance for residents in Las Vegas is $3,263, or about $272 per month. For example, in Nevada, it is $3,001.

Why Is Car Insurance so Expensive in Las Vegas? 1

Oleksandr Rohovnin is a Content Marketer at Phonexa.com and an expert contributor to CoverExplore. His passion is digital marketing, innovative technologies, tech industries, and – above all – distilling vast amounts of complex information into engrossing narratives anyone can relate to. At CoverExplore, Oleksandr stokes passion for auto insurance and the automotive industry in general in every story he curates.

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