How you're covered
Nevada doesn't require home insurance by law, but if you finance your home, your lender may require you to have a homeowners insurance policy in place. Your policy's coverages are designed to safeguard your property and assets. A typical policy will include the following:
- Dwelling coverage protects your home's structure (roof, walls, etc.) as well as attached structures, like a porch.
- Other structures coverage protects detached structures, such as a fence or shed.
- Personal property coverage protects your personal belongings, including furniture, clothing, and electronics. Certain items, like jewelry, art, and collectibles, are often only covered up to a specific limit so you may want to purchase an endorsement to schedule these items on your policy at the coverage amount needed, also known as "adding a rider."
- Personal liability coverage protects you financially if you're legally responsible for another person's injuries or damage to their property.
- Medical payments to others pays for medical expenses due to a covered occurrence.
- Loss of use coverage helps cover costs associated with an increase in living expenses, up to your policy's limit, if you're unable to stay in your home while it's being repaired or rebuilt due to a covered loss.
Keep in mind coverage under your policy is subject to exclusions and conditions within your policy. It is important to read your policy to understand the coverage provided.
Common claims in Nevada
Nevada's hot weather and arid climate doesn't exclude the state from extreme weather events. Thunderstorms can pose risks, especially in the northern part of the state, and earthquakes are especially frequent in the western part of the state that's closer to the fault lines in California.
Learn more about how home insurance may cover damage caused by severe weather.
Earthquake damage isn't typically covered by a standard homeowners policy, but you may be able to purchase earthquake insurance coverage. Contact your insurance agent to determine if earthquake coverage is available. Nevada residents can also consult the state's Department of Insurance for more information.
Helping you save
Progressive offers several discounts to help you save on homeowners insurance policies. Some of the most common discounts include:
- Alarm System
- Quote in Advance
- New Purchase
See more about the home insurance discounts we offer.
How much is homeowners insurance in Nevada?
Your cost for Nevada homeowners insurance varies based on many components, including your location, type of home, and coverage limits. Learn more about factors affecting home insurance pricing.
Fast facts about Nevada homes
The majority of Nevada's residents live in a single county, Clark County. This county includes Las Vegas, Henderson, and Boulder City.
Nevada has a homeownership rate of 61.2%, which is below the national average.
The Liberace Mansion was the first home to receive the Clark County Historical designation.