How Much Is Car Insurance in Nebraska? (2023 Averages)
Compare Rates
Ensure you're getting the best rate. Review quotes from a top insurance company.
The cost of your insurance premium in Nebraska is significantly impacted by your driving record and the level of coverage you select. Full coverage car insurance in Nebraska costs an average of $923 per year, but a minimum coverage policy costs only around $472 per year. The average annual premium rises to $2,148 when a young driver is added to the policy, while a traffic violation on your driving record might result in your average premiums increasing to $1,055 per year.
Your auto insurance premiums will also be affected by the provider you select. For instance, full coverage insurance from GEICO costs roughly $700 a year in Nebraska, but the same policy from MetLife costs $1,485 per year.
The Average Cost of Car Insurance in Nebraska
Average car insurance costs in Nebraska can vary vastly based on various factors including the driver’s age, driver history, coverage and credit score.
In Nebraska, the most significant factor affecting car insurance rates is the driver’s age — specifically teen drivers. Poor credit scores can also increase your annual insurance costs by several hundred dollars.
You can learn more about how your individual factors impact your average cost of car insurance and how rates vary by insurance carriers, demographics, vehicle type and more.
Learning more about how individual factors impact the average cost of car insurance can help you find the best coverage and price for your needs.
Average Costs of Car Insurance in Nebraska
Scroll for more
- DriverAverage Annual PremiumAverage Monthly Premium
- The Average Driver$923$77
- Drivers Buying Minimum Coverage$472$39
- Adding a Young Driver$2,148$179
- Drivers With a Violation$1,055$88
- Drivers With Poor Credit$1,442$120
Compare Auto Insurance Rates
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Why Are Car Insurance Rates Cheap in Nebraska?
Based on MoneyGeek’s auto insurance rates by state data, Nebraska ranked 13th cheapest in the U.S. The state’s car insurance rates remain inexpensive because of low averages in traffic density, percentage of uninsured motorists and disaster risk.
Nebraska is ranked 46th in the country for low traffic density at three percent. The state also boasts a low nine percent rate of uninsured motorists, ranking it 34th across the states. These factors help keep Nebraska car insurance rates affordable.
Average Cost of Car Insurance in Nebraska: Full Coverage vs. Minimum Coverage
Choosing a policy that meets the state minimum coverage requirements is typically the cheapest option in the city. On average, the cost of a minimum coverage policy is $472 per year. A full-coverage policy, as defined in MoneyGeek’s methodology, costs an average of $923 annually. That is a difference of $451 per year.
The average car insurance costs in Nebraska will be based on the coverage level. Aside from liability coverage, you can also get comprehensive and collision coverages. If you select a policy with full coverage, you will pay more for the additional features.
Average Cost of Car Insurance in Nebraska by Coverage Level
Nebraska's state-minimum insurance policy may be the cheapest insurance available in the state.
If you have the minimum insurance that your state requires, you can increase your liability coverage to 50/100/50 or 100/300/100. These numbers show how much your policy covers in terms of liability. For example, with a 50/100/50 policy, you get:
- $50,000 in bodily injury liability insurance per person
- $100,000 in bodily injury liability insurance per accident
- $50,000 in property damage liability insurance per accident
On the other hand, the state’s full coverage insurance offers both collision and comprehensive coverage. In addition to your standard liability coverage, this insurance provides compensation for damages to your car.
Average Cost of Car Insurance in Nebraska By Company
Your Nebraska car insurance rates will also depend on the insurance company that you choose. You will get a different rate per company.
If you are looking for cheap full coverage car insurance, the most affordable options are USAA and GEICO. However, USAA policies are only for military families. For affordable liability-only insurance, GEICO and Farmers Mutual of Nebraska are the most inexpensive in the state.
Based on average rates, MetLife offers the priciest plans for both the state minimum coverage and full coverage.
Average Annual Costs of Car Insurance in Nebraska - By Company
Scroll for more
- CompanyMinimum CoverageFull Coverage
- $309$672
- $307$700
- Farmers Mutual of Nebraska$308$755
- $373$774
- Allied$422$811
How Much Is Car Insurance in Nebraska by Age?
Your age will have a significant impact on your insurance premiums. In Nebraska, young drivers are considered risky and more likely to have accidents. Therefore, insurance companies tend to charge higher insurance prices to young drivers.
The average insurance rate for a 16-year-old’s policy is $2,148 per year, $1,225 more than the average cost for a 40-year-old driver.
First-time drivers in Nebraska are treated as young drivers and will be getting similar car insurance rates as teenagers.
Young drivers can save money by choosing to be included in their parent’s auto insurance plan.
Average Costs of Full Coverage Car Insurance in Nebraska - By Age
How Does Driving History Affect Car Insurance Costs in Nebraska?
Insurance providers consider drivers with multiple violations or who have been in road accidents as high-risk individuals. Because of this, they have higher auto insurance expenses. That said, you can still find affordable insurance for individuals with a bad driving record in Nebraska by shopping around.
Based on MoneyGeek’s data, having a speeding ticket can increase your average car insurance cost in Nebraska to $1,055 per year. That is $131 more than the average rate for individuals with a clean driving record. The cost difference will increase if you have more severe violations like a DUI or an at-fault accident.
Average Costs of Full Coverage Car Insurance in Nebraska - By Driving History
Scroll for more
- Driving ViolationAnnual Premium
- Safe Driver$923
- Speeding Ticket$1,055
- At-Fault Accident$1,444
- DUI$1,648
Compare Auto Insurance Rates
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Credit Scores and the Cost of Car Insurance in Nebraska
Nebraska drivers with a poor credit score pay an average of $1,442 annually, which is $640 more than the average annual rate for those with good credit scores. If you have an excellent credit score, you will be paying an average of $141 less than drivers with a good credit score. That means you can save on insurance premiums if you maintain a good to excellent credit score.
While drivers with poor credit scores pay more, there are still affordable car insurance plans for individuals with bad credit in Nebraska.
Average Costs of Full Coverage Car Insurance in Nebraska - By Credit Score
Scroll for more
- Credit ScoreAnnual Premium
- Excellent$661
- Good$802
- Fair$1,002
- Below Fair$1,195
- Poor$1,442
How Much Is Car Insurance in Your City?
Auto insurance premium prices can vary greatly between states. Rates can also differ within states, depending on the city you live in.
In Nebraska, Lincoln has the cheapest average rate at $822 per year. On the other hand, Omaha has more expensive annual premiums with an average of $999 per year.
Areas that are more densely populated, those with a higher chance of road accidents or cities more prone to natural disasters tend to have more expensive auto insurance rates.
Average Costs of Full Coverage Car Insurance in Nebraska - By City
Frequently Asked Questions About Nebraska Car Insurance Rates
To help you better understand Nebraska car insurance rates, here are some of the frequently asked questions (FAQs).
About Mark Fitzpatrick
