Posted 3/14/2024, 3:14:00 AM
Nevada Drivers Slammed with Steep Car Insurance Rate Hikes in 2022
- Car insurance rates in Nevada jumped nearly 20% this year, with some customers seeing increases of almost $200
- Nevada had the 2nd most expensive car insurance in the U.S. in 2022, with an average annual cost of nearly $3,000
- Drivers feel penalized and trapped, as shopping around rarely yields better rates from competitor companies
- Factors driving up costs include soaring vehicle prices and repair costs for complex new car technology
- Nevada's Department of Insurance has been approving unprecedented rate hike requests from insurance companies
