How Much Is Car Insurance in Nebraska? (July 2024)

Nebraska drivers pay an average of $1,111 per year for full coverage car insurance and $449 for minimum coverage.

These costs can change based on factors such as your age, the type of insurance you choose, where you live, your driving history and your credit score. These elements help insurance companies determine how likely you are to file a claim, determining your premium — whether you're looking for the most affordable plan or more protection.

The average full coverage car insurance in Nebraska is around $1,111 per year. Knowing the average cost of car insurance helps you measure the value of quotes you receive. For balanced options, start comparing car insurance quotes to see what's affordable for you.

Here's a simple breakdown of the typical costs for auto insurance in Nebraska. These prices apply whether you need minimum coverage or comprehensive full coverage, showing what you might pay each month and year.

Car insurance in Nebraska is generally more affordable than the national average cost of car insurance. Nebraska's average annual premium for full coverage with a $1,000 deductible is $1,111 ($93 per month), while the average national annual premium is $1,296 ($108 per month). For state minimum coverage, Nebraskans pay about $449 per year ($37 per month), compared to the national average of $595 per year ($50 per month).

These lower rates in Nebraska could be due to several factors, including less congested roadways resulting in fewer accidents and claims, a lower prevalence of auto theft or generally favorable weather conditions that reduce the risk of vehicle damage. These factors contribute to making car insurance more affordable in Nebraska.

Car insurance premiums can vary significantly from one company to another, even within the same state. In Nebraska, American National P&C offers the cheapest full coverage at $488 per year. AAA provides the most expensive full coverage policy at an average annual premium of $1,620. These rates illustrate significant differences among providers.

Understanding these variations highlights why it's crucial to compare car insurance quotes. Finding the cheapest car insurance in Nebraska means shopping around, as what’s affordable for one driver may not be for another due to individual circumstances and coverage needs.

The cost of car insurance in Nebraska is also affected by your chosen coverage level. Minimum coverage costs around $37 per month, while full coverage with a $1,000 deductible averages $93 monthly. Opting for full coverage insurance is advisable as it provides a more comprehensive safety net for drivers despite its higher cost.

Including comprehensive and collision coverage in your policy will raise the premium, but you can mitigate this by selecting higher deductibles. Keep in mind that the deductible amount will be applied to each comprehensive and collision coverage event.

In Nebraska, minimum car insurance requirements include $25,000 for bodily injury per person, $50,000 for bodily injury liability per accident, $25,000 property damage liability per accident, $25,000 uninsured motorist bodily injury per person and $50,000 uninsured motorist bodily injury per accident.

Your location can significantly influence your car insurance premiums. The most affordable full coverage option in Lincoln is $921, while Omaha's is $1,124 for identical coverage.

Understanding car insurance rates in Nebraska involves factors like your city's accident rates, theft occurrences and road conditions. The area's weather patterns and local laws can also impact your premium costs.

Age significantly influences car insurance costs in Nebraska, with younger drivers typically paying more. Young adults aged 22 to 29 face the steepest rates, averaging $1,405 per year. Older age groups, particularly those aged 30 to 59, see a decrease in average annual premiums to $1,111. Those 60+ benefit from the lowest premiums at $1,044, reflecting the trend that experience on the road often leads to more affordable car insurance.

In Nebraska, age and gender impact car insurance rates. Male drivers aged 16 typically face the steepest rates, with an average annual cost of $2,883 when added to a family policy. Teen drivers under 18 cannot legally purchase car insurance alone; they need a co-signer. Purchasing an individual policy at this age would increase their premium to $5,924.

The average annual cost of full coverage car insurance for a 2012 car model is $1,030. However, for a 2022 model, the annual cost rises to $1,401. This increase is due to newer models having a higher actual cash value, making them more costly to repair. They are also more often the targets of theft, thereby hiking the premium. Experts advise that drivers of newer car models should consider comprehensive and collision coverage, which provide financial protection against various incidents such as accidents, theft or natural disasters.

Car insurance rates in Nebraska can vary significantly based on your driving record. On average, these are the costs for drivers with different records:

• With a ticket: $1,416 per year; $118 per month
• With an at-fault accident: $1,715 per year; $143 per month
• With a DUI: $2,195 per year; $183 per month

The type of driving infraction can affect how much you pay for car insurance in Nebraska. The worse the violation, the more you have to pay. Remember that the extra cost stays with you for as long as the violation is on your record, which can differ in each state. For example, in Nebraska, a DUI can stay on your record for up to 15 years, influencing your insurance premiums in those years. This is different in other states, where the length of time a DUI affects your insurance could be shorter.

Sort the table below by coverage type and age group to determine the average cost of car insurance in Nebraska for each type of driving violation.

The average car insurance premium in Nebraska fluctuates significantly with credit scores, ranging from $762 per year for excellent credit to $2,305 for poor credit. Understanding the impact of your credit score on car insurance rates is crucial. In Nebraska, a good credit score ranges from 670 to 739, a very good score spans from 740 to 799 and an exceptional score is from 800 to 850. Scores below 670 are considered fair or poor, usually facing higher insurance costs.

Understanding the various factors influencing car insurance rates in Nebraska is key to finding affordable coverage that meets your needs. Below are the elements at play:

• Age and Gender: Younger, less experienced drivers often face higher premiums, as do males due to a statistical propensity for risk-taking behind the wheel.
• Driving Record: A clean driving record can lead to lower insurance costs, whereas violations such as speeding tickets or accidents typically increase rates.
• Credit Score: In Nebraska, insurance companies might use your credit score to determine premiums, with higher scores potentially lowering costs.
• Vehicle Type: The car you drive impacts your rate; newer, high-performance vehicles generally cost more to insure than older, safer models.
• Location: Insurance rates can be higher in urban areas with higher rates of theft and collisions than in rural zones.
• Coverage Level: Choosing higher coverage limits or adding options like collision insurance or comprehensive insurance increases premiums but offers more protection.
• Annual Mileage: The more you drive, the higher the chance of filing a claim, which can lead to increased insurance rates.
• Discounts: Insurers in Nebraska may offer discounts for various reasons, including bundling policies, installing safety features or completing defensive driving courses.
• Minimum Coverage: Opting for Nebraska's state minimum coverage can be the most affordable option but offers limited protection compared to a policy with higher limits.

Each factor uniquely impacts the cost of car insurance in Nebraska, and savvy drivers will weigh these considerations to tailor their insurance plan to their budget and coverage needs.

To secure affordable car insurance in Nebraska, shop around for quotes, opt for a higher deductible and take full advantage of car insurance discounts. These steps can lead to immediate savings on your premiums.

To help you make an informed decision when choosing your coverage, we answer frequently asked questions about the average cost of auto insurance in Nebraska.