Various factors affect the cost of car insurance in Lincoln, including where you live, your driving record, your age, gender and more. Compare personalized car insurance quotes in Lincoln to find the best and most accurate rate that will fit your specific needs and circumstances.
Compare the Cheapest Car Insurance Quotes in Lincoln, NE
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Average Cost of Car Insurance in Lincoln
Lincoln$822
Nebraska$923
U.S.$1,424
Knowing the typical car insurance rates in Lincoln will help you find the right provider and policy. The average cost of auto insurance in the city is $822, which is lower than both the state and national averages. Lincoln drivers pay about 10.9% less than the state average and around 42.3% less than the $1,424 average national annual premium.
Compare Car Insurance Rates in Lincoln
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Cheap Car Insurance Companies in Lincoln
In terms of affordability, GEICO policyholders are getting the best deal in Lincoln. Their average annual premium is $599, which is $233 less than the city average. Following GEICO in the top five most affordable car insurance companies in Lincoln are USAA, State Farm, Farmers Mutual of Nebraska and Allied. Meanwhile, MetLife has the most expensive average annual premium in the city at $1,254, which is more than double the rate GEICO policyholders pay.
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- CompanyAmountper year
- 1. GEICO$599
- 2. USAA$653
- 3. State Farm$688
- 4. Farmers Mutual of Nebraska$715
- 5. Allied$735
Personalized Quotes to Get You the Cheapest Car Insurance in Lincoln
To determine the cost of annual premiums, car insurance companies in Lincoln evaluate a variety of factors. These include age, the make and model of the vehicle, driving history, gender, marital status and credit score, among others. Any change in your circumstances will have an impact on your auto insurance rate.
For example, teen drivers may pay higher premiums. Farmers Mutual of Nebraska has an average annual premium of $1,737 for an 18-year-old male driver, which is $1,022 more than the amount that a 40-year-old male will pay, on average, for a similar policy. To get the most accurate rate, compare personalized quotes from different car insurance companies in Lincoln.
Compare Car Insurance Rates in Lincoln
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Lincoln by Coverage Amount
How much car insurance coverage you purchase in Lincoln also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.
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Nebraska Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.
- Uninsured Motorist$25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.
Insurers in Lincoln offer various types of policies with different coverage levels. GEICO offers the cheapest option for state minimum liability coverage, averaging at $265.
You can also choose a 50/100/50 liability-only or full-coverage plan. If the cost between these two is nominal, then you might want to choose the full coverage option. GEICO charges an average of $565 for full coverage, which is $273 more than they charge on average for 50/100/50 liability-only policies.
If you want a more comprehensive policy, then consider getting a 100/300/100 full-coverage policy with GEICO for an average of $599 per year. Given that this is hardly any more expensive than a similar 50/100/50 policy, it may be worth the money to get the expanded coverage limits.
Average Car Insurance Premiums by Coverage Type
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1. GEICO$265$293
- 2. USAA$304$342
- 3. State Farm$323$369
- 4. Farmers Mutual of Nebraska$293$319
- 5. Allied$389$411
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1. GEICO$565$599
- 2. USAA$606$653
- 3. State Farm$629$688
- 4. Farmers Mutual of Nebraska$696$715
- 5. Allied$692$735
Compare Car Insurance Rates in Lincoln
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Lincoln if You Have Tickets
Being a safe and responsible driver can help you get cheap car insurance in Lincoln. For instance, if you have no violations in your driving record, you will only need to pay around $688 annually for a State Farm policy. However, if you have a speeding ticket or DUI, you will have to pay an additional average of $60 for a total of $747, although most companies charge much more than this for a DUI. A similar policy will cost an average of $807 for drivers who have been in an accident where they are at fault.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1. State Farm$747$807$747
- 2. USAA$802$964$1,297
- 3. Farmers Mutual of Nebraska$785$872$1,424
- $797$1,222$1,034
- 5. Allstate$923$997$1,098
Average Cost of Car Insurance by Postal Code
ZIP codes also have an impact on auto insurance rates due to differences in the number of accidents, car thefts and drivers. However, this is essentially a non-issue in Lincoln. The region with the most affordable premium in Lincoln is 68516, where drivers pay an average of $814 annually. That is $25 less than the average annual premium in 68521, which is the most expensive neighborhood for auto coverage.
- Zip CodeState Minimumper year
- 68516$814
- 68506$815
- 68521$838
Insurance Providers That Serve Lincoln
Factors That Impact Insurance Costs in Lincoln
In addition to individual driver needs and history, location-specific factors like the rate of car thefts and the percentage of uninsured motorists also contribute to car insurance rates in Lincoln. How Lincoln ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Shopping around for car insurance in Lincoln could save you $223, which is enough to buy:
74Cups of Coffee
17Months of Your Favorite Streaming Service
Methodology and Assumptions
MoneyGeek’s average premium rates for Lincoln are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
Compare Car Insurance Rates in Lincoln
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
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