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The Best Cheap Car Insurance Companies for Nebraska Drivers in 2020

Nebraska drivers can get car insurance quotes from the top companies in the state like State Farm, Progressive, American Family, Berkshire Hathaway and Farmers Mutual of Nebraska.

The table below lists various insurance companies and the approximate monthly premium cost for an average driver. However, these numbers are rough estimates and may vary greatly from any individual quote that would pertain to your unique driving history and situation.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in Nebraska for the cheapest car insurance on average.
$672
per year
2. GEICO
In 2020, GEICO ranked #2 in Nebraska for the cheapest car insurance on average.
$700
per year
3. Farmers Mutual of Nebraska
In 2020, Farmers Mutual of Nebraska ranked #3 in Nebraska for the cheapest car insurance on average.
$755
per year
4. State Farm
In 2020, State Farm ranked #4 in Nebraska for the cheapest car insurance on average.
$774
per year
5. Allied
In 2020, Allied ranked #5 in Nebraska for the cheapest car insurance on average.
$811
per year

Estimates give you an idea of which companies to contact for car insurance quotes, but make sure to shop around when you’re looking for Nebraska car insurance companies and ask about discounts pertaining to having multiple policies, being a safe driver, having a long company tenure with the company and more.

The Best Car Insurance Companies in Nebraska for 2020

We created a unique rating system, which is based on a combination of ratings from reputable outlets like JD Power and AM Best. Scores are out of 100, and equally weigh factors such as financial strength of the company, customer satisfaction, claims and affordability. See the following breakdown of Nebraska’s top insurance companies.

Expand all Rankings +

1

USAAScore: 100
+

5/5

User Satisfaction

5/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

2

Auto-Owners Insurance CoScore: 97.5
+

5/5

User Satisfaction

4/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

3

GEICOScore: 92.5
+

4/5

User Satisfaction

3/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

4

AllstateScore: 85
+

4/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A+

Financial Stability

5

TravelersScore: 85
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A++

Financial Stability

6

ProgressiveScore: 85
+

3/5

User Satisfaction

3/5

Claims Ratings

4/5

Affordability

A+

Financial Stability

7

AAAScore: 82.5
+

3/5

User Satisfaction

3/5

Claims Ratings

4/5

Affordability

A

Financial Stability

8

State FarmScore: 80
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A

Financial Stability

9

American FamilyScore: 77.5
+

3/5

User Satisfaction

2/5

Claims Ratings

2/5

Affordability

A+

Financial Stability

10

SafecoScore: 77.5
+

2/5

User Satisfaction

4/5

Claims Ratings

2/5

Affordability

A

Financial Stability


Market Share by Company

According to 2018 data from the National Association of Insurance Commissioners, the top-rated auto insurance companies in Nebraska are State Farm, Progressive, American Family, Berkshire Hathaway, Farmers Mutual of Nebraska, Iowa Farm Bureau, Nationwide, Allstate, USAA and Farmers Insurance. USAA is a company that offers insurance to members of the military and veterans and their families.

State Farm grabs the largest market share in Nebraska with 21.45%, followed by Progressive at 13.91%, and American Family at 8.23%

Check out the other top insurers in Nebraska in the chart below.

Company
Market Share
1. State Farm
21.45%
2. Progressive
13.91%
3. Farmers Mutual of Nebraska
8.95%
4. American Family
8.23%
5. Farm Bureau Mutual (IA Group)
6.67%

Cheapest Car Insurance for Drivers With a DUI in Nebraska

Receiving a DUI can increase the costs of your auto insurance. The percentage of adults who reported driving after drinking too much (in the 30 days prior to being surveyed) was 3.4% in Nebraska, according to 2012 CDC data.

The financial repercussions of getting a DUI are costly and can range from court and legal fees to alcohol education treatment programs. Additionally, your insurance rate will also see a spike in cost in addition to the legal fees. Consider the following auto insurance rates for drivers who receive a DUI in Nebraska.

Company
Amount
1. State Farm
In 2020, State Farm ranked #1 in Nebraska for the cheapest car insurance for drivers with a DUI.
$842
per year
2. Progressive
In 2020, Progressive ranked #2 in Nebraska for the cheapest car insurance for drivers with a DUI.
$1,108
per year
3. American Family
In 2020, American Family ranked #3 in Nebraska for the cheapest car insurance for drivers with a DUI.
$1,118
per year
4. Allstate
In 2020, Allstate ranked #4 in Nebraska for the cheapest car insurance for drivers with a DUI.
$1,226
per year
5. USAA
In 2020, USAA ranked #5 in Nebraska for the cheapest car insurance for drivers with a DUI.
$1,338
per year

While each insurance company calculates premiums differently, you can expect to pay an additional $40,000 over the course of 13 years in increased auto insurance premiums. Exactly how much your rate would increase depends on your insurance company, your location and your driving record. With a DUI you’ll likely pay higher rates for up to a decade.

Cheapest Car Insurance for NE Speeding or Distracted Driving Tickets

According to the National Highway Traffic Safety Administration’s (NHTSA) 2018 Fatality Analysis Reporting System (FARS), 201 crashes in Nebraska were caused by distracted driving. Driving while distracted can cause accidents. Nebraska state laws prohibit all handheld device use for drivers younger than 18 and prohibits text messaging for all drivers, according to the Governors Highway Safety Association.

Check out the following table to see estimates of what Nebraska residents can expect to pay for car insurance after receiving a ticket for speeding or distracted driving.

Company
Amount
1. GEICO
In 2020, GEICO ranked #1 in Nebraska for the cheapest car insurance for distracted drivers.
$700
per year
2. USAA
In 2020, USAA ranked #2 in Nebraska for the cheapest car insurance for distracted drivers.
$826
per year
3. Farmers Mutual of Nebraska
In 2020, Farmers Mutual of Nebraska ranked #3 in Nebraska for the cheapest car insurance for distracted drivers.
$828
per year
4. State Farm
In 2020, State Farm ranked #4 in Nebraska for the cheapest car insurance for distracted drivers.
$842
per year
5. American Family
In 2020, American Family ranked #5 in Nebraska for the cheapest car insurance for distracted drivers.
$861
per year

Your auto insurance rate is likely to go up if you get a ticket for speeding or for distracted driving. According to the Insurance Information Association, your driving record is taken into account when you secure your auto policy, so being riskier to insure means paying higher premiums. Your insurer can also re-evaluate your rate if you get a moving violation (i.e., a speeding ticket).

Cheapest Car Insurance Companies in NE for Drivers With Bad Credit

According to Experian, the average FICO Score in the United States hit a record high of 703 in 2019, which is lower than the Nebraska average FICO Score of 723. Nationwide Insurance uses credit scores to determine premiums as studies show that using a credit score helps companies better predict insurance losses. If you have subprime credit (credit scores below 670), you’ll likely have to shop around to secure affordable car insurance in Nebraska.

Consider the following table for an estimate of Nebraska auto insurance for people with low credit scores.

Company
Amount
1. Farmers Mutual of Nebraska
In 2020, Farmers Mutual of Nebraska ranked #1 in Nebraska for the cheapest car insurance for drivers with poor credit.
$1,064
per year
2. USAA
In 2020, USAA ranked #2 in Nebraska for the cheapest car insurance for drivers with poor credit.
$1,085
per year
3. GEICO
In 2020, GEICO ranked #3 in Nebraska for the cheapest car insurance for drivers with poor credit.
$1,102
per year
4. Allied
In 2020, Allied ranked #4 in Nebraska for the cheapest car insurance for drivers with poor credit.
$1,122
per year
5. Allstate
In 2020, Allstate ranked #5 in Nebraska for the cheapest car insurance for drivers with poor credit.
$1,351
per year

To improve your credit score, check out our guide on how to improve your credit score.

Cheapest Car Insurance Companies in Nebraska for Seniors

When shopping for car insurance, seniors in Nebraska should ask for discounts for completing driver safety courses, discounts for driving infrequently and discounts for choosing a vehicle that has good safety features. There are other options that seniors can consider when it comes to choosing auto insurance.

The following table is a general guideline of what seniors in Nebraska can expect when they go looking for the most affordable car insurance.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in Nebraska for the cheapest car insurance for seniors.
$701
per year
2. Farmers Mutual of Nebraska
In 2020, Farmers Mutual of Nebraska ranked #2 in Nebraska for the cheapest car insurance for seniors.
$714
per year
3. State Farm
In 2020, State Farm ranked #3 in Nebraska for the cheapest car insurance for seniors.
$747
per year
4. Allied
In 2020, Allied ranked #4 in Nebraska for the cheapest car insurance for seniors.
$831
per year
5. American Family
In 2020, American Family ranked #5 in Nebraska for the cheapest car insurance for seniors.
$845
per year

In Nebraska, more than 166,500 licensed drivers are age 70 and older. Nebraska requires drivers 72 and older to renew their licenses in person and accepts requests from family members and others for the DMV to conduct unsafe driver investigations into older drivers.

Cheapest Car Insurance for Students

Nebraska Car Insurance: How Much a Teen Driver Will Cost You

Median annual price change for families with a teen driver on their policy:

$1,784 INCREASE

This is a difference of 116%.

The Nebraska Department of Insurance suggests that it may be less expensive to buy and insure an older vehicle for a teen driver than to add the child to an existing policy. Nebraska puts restrictions on young drivers to save their lives while they're learning to drive.

Full-time college students from out of state who hold a valid driver's license do not need a Nebraska license to drive. Nebraska residents enrolled in an out-of-state school should let their insurance company know if the car will be used in another state more than 30 days a year and then adjust insurance coverage to meet the requirements of the state the student is living in temporarily.

The following table illustrates an estimation of what parents in Nebraska can expect to pay for their teen or college-aged student drivers.

Company
Amount
1. Progressive
In 2020, Progressive ranked #1 in Nebraska for the cheapest car insurance for students.
$2,089
per year
2. Allied
In 2020, Allied ranked #2 in Nebraska for the cheapest car insurance for students.
$2,202
per year
3. State Farm
In 2020, State Farm ranked #3 in Nebraska for the cheapest car insurance for students.
$2,264
per year
4. Allstate
In 2020, Allstate ranked #4 in Nebraska for the cheapest car insurance for students.
$2,293
per year
5. GEICO
In 2020, GEICO ranked #5 in Nebraska for the cheapest car insurance for students.
$2,791
per year


Premium Comparison by Student Type

PREMIUM COMPARISON FOR TWO ADULTS + A 16-YEAR-OLD

car
Average premium for two 2014

Mustang GTs

$5,102
car
Average premium for two 2008

Town and Country Limiteds

$3,325
Annual benefits of minivans:$1,777 saved

This is 35% less expensive.

Cheaper premium for college vs. high school drivers

Median premium change with a college student vs. high school driver:

$1,002 DECREASE

This is a savings of 29%.

Potential discounts for teens in Nebraska

Impact on annual premium with good student and defensive driving discounts:

coins
$288 SAVED

Nebraska students: a long-distance discount

You may pay a smaller annual family premium if your child lives 150 miles or more away from home.

male
Average premium for a 19-year-old male
car

$3,068 at home

graduation

$2,620 at school

$448 IN SAVINGS

female
Average premium for a 19-year-old female
car

$2,611 at home

graduation

$2,341 at school

$270 IN SAVINGS

Insurance Rate Information for Military Drivers and Veterans

More than a dozen auto insurance companies offer discounts to veterans and active-duty military members in Nebraska. These include major carriers like Geico and AFI, as well as specialty companies that only work with active-duty military and veterans, such as USAA. Take into account the value of your car and your personal net worth when shopping for the best rate on auto insurance in the state. It helps to get at least three quotes for a decent comparison. Your military discount is usually automatic and you only need to show proof of service, but to get the best rate you'll need to show a good driving record as well.

With insurance coverage, the military personnel who are stationed at a base in Nebraska, but are not legal state residents, can still drive on their valid out-of-state plates. For everyone else, registering a vehicle online takes only a few minutes through the Nebraska DMV.

Consider the following table for estimates of what military members and veterans can expect to pay for auto insurance in Nebraska.

Age savings for Nebraska service members

male
25 years$1,355
50 years$1,043
female
25 years$1,284
50 years$1,057

$312 Saved
$227 Saved

Median auto insurance for service members: $1,094

Who Needs Car Insurance in Nebraska?

All drivers in Nebraska have to have a certificate of insurance or post a $75,000 surety/property bond or certificate of deposit before the DMV will register and plate a vehicle.

Proof of Insurance in Nebraska

Carry an original insurance card (photocopies are not acceptable) in the vehicle. Evidence of insurance may be displayed as an electronic image on an electronic device.

You should also expect to have your insurance checked when registering a car. And you'll have to share insurance information after an accident that involves injury or property damage.

Minimum Liability Insurance Requirements in Nebraska

Nebraska requires specific minimum levels of liability coverage for all motor vehicle owners in the following amounts:

  • $25,000 per person for injury
  • $50,000 for all injuries
  • $25,000 for property damage

High-Risk Auto Insurance Program in Nebraska

If you're a high-risk driver who can't buy a policy on the open market, you can apply for insurance through the Nebraska Automobile Insurance Plan. Applications for the plan are available through insurance agents licensed in the state.

Alternatives to Insurance in Nebraska

As an alternative to buying insurance, Nebraska vehicle owners can post a $75,000 surety or real estate bond for every car and truck they own, or they can submit a cash deposit of equal value to the Nebraska State Treasurer. However, if you're at fault in an accident that costs more than $75,000, you'll be expected to pay for the difference.

Car Insurance Requirements in Nebraska: How Much Coverage Do You Need?

What percentage of drivers in Nebraska lack vehicle insurance?

6.8%

National average: 13%

Source:

Insurance Information Institute.

The minimum insurance required by Nebraska law is fairly minimal, so you may want to buy extra insurance to be sufficiently covered. Insurance experts and consumer advocates recommend getting liability insurance of $100,000 or more per injury and $300,000 or more per accident.

You may also want to consider uninsured motorist protection, which will help cover your damages if the driver at fault doesn't have insurance or engages in a hit-and-run accident.

If you own a new car, you may want to get collision coverage (which covers repairs or car loss in a crash) or comprehensive (which pays for car damage caused by fire, theft and natural disasters with a tornado or flood). If you have a car loan, your lender will require it.

For more on the common types of car coverage and what's best for you, check out the MoneyGeek guide to car insurance.


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Sources