Las Vegas Car Insurance Premiums Are Increasing

woman sad behind steering wheel over las vegas car insurance premiums

Oh, great. Yet another thing gets more expensive. This time it is Las Vegas car insurance premiums.

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As if like wasn't expensive enough, now this from the Nevada Division Of Insurance. Six auto insurance companies - three of which are related - are preparing to increase Las Vegas car insurance premiums. And not by a little.

By law, auto insurance companies need to let the Nevada Division Of Insurance know how much they intend to charge as a base rate to consumers. It is because of that that we have a warning shot about what we can expect beginning next month.

How Much Are Las Vegas Car Insurance Premiums Increasing?

Get ready to tighten your financial belt. Some will see their rates increase 10 percent, while others may see it increase over 30 percent year to year. Here's what the Nevada Division Of Insurance has to report from the lowest to highest increase among the six companies.

Allstate is approved to increase rates by 10.8 percent by October 28th. Which means renewals after this point will see quite the jump. This is the biggest Nevada insurer on the list.
Amica is approved to increase their rates by 17.9 percent.
Farmers is approved to increase rates by 24 percent.
There are several different versions of "Country" insurance, so we'll break them down.
- Country Mutual Insurance is approved to increase their rates by an astounding 31.8 percent.
- Country Preferred Insurance is approved to increase their rates by 29.5 percent.
- Country Casualty Insurance is approved to increase their rates by 25.4 percent.

Believe It Or Not, It Could Have Been Worse

Las Vegas car insurance premiums are about to get far more expensive for some, but believe it or not the Nevada Division Of Insurance stopped it from going up far more.

The state hears the insurance companies out and then digs in to make sure the rate increase is needed and not predatory. For example, Farmers wanted a gargantuan 60 percent increase! They only got 24 percent. Amica wanted double what they were approved for. The only insurer that got exactly what they asked for was the insurer that asked for the least - Allstate.

Sadly, Nevadans pay among the highest for auto insurance in the country. Yet we pay it while scofflaws drive around without insurance, registration or valid license plates. Joy.

Naming Your Car Means You Love It: 10 Popular And Fun Car Names

The "Electric Blue Bomb." That was what I named my first car.

Naming Your Car Is Very Personal And Also Very Fun

The Electric Blue Bomb. It was a used 1972 electric blue Mustang 2 Hatchback, with manual transmission. No AC, but it did have an 8-track player. I had to keep a matchbook in it for it to work, of course, but it was great. Very high tech!

I taught dozens of people how to drive a "stick" in my Electric Blue Bomb. To this day those old high school pals remind of this whenever we get together. It's a fun memory that I will truly cherish forever. And yes - I can still drive a manual transmission, and still teach anyone.

I would also pile people in the hatchback to go to lunch, the drive-in - a party at Julie's house - wherever we needed to be.

What To Consider When Picking Out A Name For Your Car

Does your car not have a name? Why? It's apparently a sign of love. A poll literally found that people who love their car are more likely to name it

49% of people who have a car they love have given it a name. That's compared to 20% of people who just kind of "like" their car, and 14% who really don't like their car.

The poll found the #1 thing we consider when naming our car is its "personality." Make and model is next, followed by how it performs.

1. Personality: What is the feel of your car, and the essence of that ride.

2. Make and model: Someone named their Kia Forte "Will"- after Will Forte.

3. How it performs. Is it fast? Perhaps Zippy," or "Bolt," or "Jet."

Need some ideas on what to name your car? Men and women have different favorites, but there's definitely a name for every car- just like kids.

Here are some of the most popular, and fun car names for 2024. Although, all of them could probably also work for baby names.

1. Shadow

If you have a black, or charcoal car, this seems to be a popular name.

Naming Your Car Means You Love It: 10 Popular And Fun Car Names

2. Snowball

Yes, the complete opposite of "Shadow." I have a white car. I love "Snowball," but I went with "Betty White."

3. Ruby

Do you have a red car? "Ruby" is a perfect name. I had a friend back in college who named her red car "rhubarb." Cute and catchy for a little red VW bug.

4. Betsy

Still driving that old, reliable station wagon from back in the day? Or maybe that Land Cruiser is still getting you around town. "Betsy" is a great name for that old, reliable vehicle. Rusty and Trusty also work.

5. Gizmo

Is your car filled with high tech? Self-driving? Self-parking? Then "Gizmo" might be the name for your car. Although I think I would go with "Jetson" or "Rosie." Cartoon kids get it.