To help you find the best car insurance in Nebraska for your needs, MoneyGeek ranked the leading car insurance companies in the state based on prices, customer experience and more. Factors like location, age and driving history can play a major part in determining your car insurance premiums, so getting multiple quotes can help you find the best coverage and save money. MoneyGeek's ratings demonstrate a potential savings of $813 when comparing car insurance rates from affordable companies in Nebraska.
bestauto insuranceNebraska2021The Cheapest and Best Car Insurance in Nebraska
Cheapest for minimum liability - GEICO
Cheapest for full coverage - GEICO
Best company overall - Auto-Owners Insurance Co
Cheapest for drivers with a DUI - State Farm
Cheapest for drivers with bad credit - Farmers Mutual of Nebraska
Cheapest for senior drivers - Farmers Mutual of Nebraska
Cheapest for student drivers - Progressive
The cheapest option for car insurance in Nebraska is a minimum liability policy. This type of insurance only offers the lowest amount of coverage acceptable by the state.
According to MoneyGeek, Nebraska companies that provide the lowest rates for minimum liability coverage are:
- GEICO: $307 per year
- Farmers Mutual of Nebraska: 308 per year
MetLife has the highest rates for the minimum liability coverage, with an average cost of $847 per year.
Average Cost for Minimun Liability Coverage
- CompanyAnnuallyMonthly
- 1.$307$26
- 2.Farmers Mutual of Nebraska$308$26
- 3.$309$26
- 4.$373$31
- 5.Farm Bureau Mutual (IA Group)$398$33
The outlined costs are approximate annual car insurance premiums for a minimum liability policy in Nebraska and should only serve as a guide when comparing prices.
These prices are only estimates based on rates for an average Nebraska driver and should not be used to compare insurance prices.
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For Nebraska residents, the minimum liability coverage protects against bodily injury and property damage as well as uninsured/ underinsured motorist coverage. Drivers who want increased protection can get a full coverage policy if they want coverage for these incidents and other higher liability costs.
Getting full coverage in Nebraska provides more protection and higher limits. While it may cost more, residents with this coverage receive comprehensive and collision insurance, with more protection against road accidents and off-road incidents. By comparing car insurance quotes, you can find the lowest premiums.
Based on MoneyGeek’s scores, the cheapest insurance companies to engage for full coverage car insurance are:
- USAA: $672 per year (exclusive for current and former military persons)
- GEICO: $700 per year
The most expensive insurer is MetLife, with an average annual cost of $1,485.
Average Comprehensive and Collision Rates in Nebraska
- CompanyAnnuallyMonthly
- 1.$672$56
- 2.$700$58
- 3.Farmers Mutual of Nebraska$755$63
- 4.$774$65
- 5.Allied$811$68
Your rates may be higher or lower than the costs listed above. These prices constitute annual estimates for a policy with comprehensive and collision coverage with $100,000 per person in bodily injury liability, $300,000 in bodily injury coverage per accident and $100,000 coverage for property damage per accident.
The Best Car Insurance Companies in Nebraska for 2021
The top auto insurance providers in Nebraska as per MoneyGeek’s study for most drivers are:
- Best Overall: Auto-Owners
- Runner-up: GEICO
USAA received the highest score in Nebraska by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
To find the best car insurance in Nebraska, MoneyGeek used factors like price, customer satisfaction, financial strength and claims experience to score each provider.
To score each criterion, MoneyGeek used information from J.D. Power’s U.S. Auto Insurance Study and AM Best’s financial strength ratings, along with unique data about pricing. MoneyGeek weighed each factor equally to arrive at the final score out of 100.
1
USAA
Score:100
While USAA is the best insurer in Nebraska overall, its policies are only available to current and former military members. The company offers consistently low rates across the country and in Nebraska.
More About USAA
USAA is the top car insurance company in many states across the country, including Nebraska. With a USAA policy, you can save money on your premiums if your parents are members. Additionally, active military members who garage their car on base receive lower rates than other policyholders.
Read MoneyGeek's USAA auto Insurance Review2
AAA
Score:100
3
Auto-Owners Insurance Co
Score:98
Auto-Owners Insurance Co is the second-best option and the first choice for non-military residents of Nebraska. The insurer has a reputation for excellent customer experience, affordability and financial stability.
More About Auto-Owners Insurance Co
Auto-Owners provides a waiver on collision deductibles for drivers who get involved in an accident with another Auto-Owners policyholder. Drivers also receive 24/7 road trouble assistance in case of a flat tire or faulty battery. Optional auto insurance packages are available for drivers who want identity theft protection, cell phone replacement and assistance with rekeying locks.
Read MoneyGeek's Auto-Owners Insurance Co auto Insurance Review4
GEICO
Score:93
5
Allstate
Score:85
6
Travelers
Score:85
7
Progressive
Score:85
8
State Farm
Score:80
9
American Family
Score:78
10
Safeco
Score:78
11
Liberty Mutual
Score:78
12
Farm Bureau Ins of MI
Score:75
13
Farmers
Score:75
14
Nationwide
Score:75
While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.
List of the Largest Insurance Companies in Nebraska
The three largest insurance companies in Nebraska based on market share are State Farm, Progressive and Farmers Mutual. Calculating market share scores entails dividing the number of insurance premiums written by a company by the total number of premiums written in the state. Large companies perform better when it comes to settling claims, but they may not rank as the best for all drivers.
- CompanyMarket Share
- 1.21.4%
- 2.13.9%
- 3.Farmers Mutual of Nebraska8.9%
- 4.8.2%
- 5.Farm Bureau Mutual (IA Group)6.7%
How to Compare Cheap Nebraska Car Insurance Quotes Online
Nebraska residents can request a reasonably accurate quote from most insurers online through the company’s website.
When comparing quotes, use the same coverage limits for all quotes. For example, if you want coverage for a policy with $300,000 in bodily liability insurance per accident, specify the same amount to all the insurance companies.
To compare average costs for companies in Nebraska, enter your ZIP code below. You can also use MoneyGeek’s data to find the best car insurance providers in the state.
According to MoneyGeek, the cheapest insurers in the state are GEICO, Farmers Mutual and USAA. You can start by researching these companies when looking for quotes.
What Is the Average Cost of Car Insurance in Nebraska?
MoneyGeek calculated the average 100/300/100 comprehensive and collision insurance rates for a typical 40-year-old male with a clean driving record with a Toyota Camry. Depending on your driving history, age and coverage level, your costs might be higher or lower than the Nebraska averages shown here.
- Average Driver: $923
- DUI: $1,648
- Speeding Ticket: $1,055
- Poor Credit Score: $1,628
- Seniors: $941
- Students: $2,287
Drivers with a DUI in Nebraska pay higher car insurance premiums than those with a clean driving record. The average cost of auto insurance for Nebraska drivers with a DUI is $1,648 per year, while drivers with a clean record are charged $923 annually on average.
Based on MoneyGeek, the cheapest insurance companies for drivers with a DUI interested in full coverage are:
- State Farm: $842 per year
- Progressive: 1,108 per year
USAA and GEICO charge the lowest premiums for residents with clean driving history, but State Farm and Progressive are the best for drivers with a DUI.
Average Car Insurance Rates With a DUI
- CompanyAnnuallyMonthly
- 1.$842$70
- 2.$1,108$92
- 3.$1,118$93
- 4.$1,226$102
- 5.$1,338$112
Driving under the influence (DUI) can raise your car insurance rates. According to the Centers for Disease Control and Prevention, 616 people died in alcohol-related car accidents in Nebraska from 2009-2018 and 3% of Nebraska drivers report driving after drinking too much within the last 30 days.
Getting a DUI can not only derail your life, but it is also expensive since it comes with fines and higher insurance rates. Consider the above auto insurance rates for drivers who receive a DUI in Nebraska.
When it comes to getting a DUI, how much your rate will increase depends on your insurance company, your location and your driving history. If you don't want your rates to increase, don't drink and drive.
Minor traffic offenses in Nebraska, such as speeding tickets, can increase your car insurance premiums. Nebraska drivers with speeding tickets pay an average of $1,055 per year. Drivers with no tickets pay approximately $923 annually.
The most affordable auto insurance providers in the state for drivers with speeding tickets are:
- GEICO: $700 per year
- USAA: $826 per year (for current and former military members only)
USAA and GEICO also offer the lowest rates for drivers in Nebraska with no minor traffic offenses on their records.
Average Car Insurance Rates With a Ticket
- CompanyAnnuallyMonthly
- 1.$700$58
- 2.$826$69
- 3.Farmers Mutual of Nebraska$828$69
- 4.$842$70
- 5.$861$72
Distracted driving can cause your insurance rates to go up since driving while distracted can cause accidents. Nebraska state laws prohibits texting while driving, according to the Nebraska Department of Health and Human Services.
The above table shows estimates of what Nebraska residents can expect to pay for car insurance after receiving a ticket for speeding or distracted driving.
Your auto insurance rates will probably go up if you get a ticket for distracted driving or speeding, so drive safely to keep your rates affordable.
Nebraska drivers with poor credit are charged more than those with good credit. The average cost of car insurance for drivers with good credit scores is $923 per year, while the cost for drivers with bad scores is $1,628 per year.
MoneyGeek's study indicates that insurers with the lowest rates for drivers with bad credit are:
- Farmers Mutual: $1,064 per year
- USAA: $1,085 per year (available for current and former military members)
Farmers Mutual replaces USAA as the cheapest option for drivers with bad credit scores, while USAA replaces GEICO as the second-cheapest insurer.
Average Car Insurance Rates for Drivers With Bad Credit
- CompanyAnnuallyMonthly
- 1.Farmers Mutual of Nebraska$1,064$89
- 2.$1,085$90
- 3.$1,102$92
- 4.Allied$1,122$94
- 5.$1,351$113
According to Experian, the average FICO score in Nebraska is 723. Credit scores help companies better predict insurance losses and can impact your rates. Generally, the higher your score, the lower the chances you'll file a claim and the lower your rates while the lower your score, the higher the odds you'll file a claim and the higher your rates.
Consider the above chart for an estimate of Nebraska auto insurance rates for people with low credit scores.
Raising your credit score can help lower your rates, so take the time to improve your score to save some money.
If you are a senior driver in Nebraska, your car insurance will cost more than middle-aged and young-adult drivers. Senior drivers in Nebraska pay an average of $941 annually, which is higher than the state’s average of $923 for a 40-year old driver.
Companies that provide the best full coverage rates for senior drivers in Nebraska include:
- USAA: $701 per year (exclusive for military members)
- Farmers Mutual: $714 per year
USAA remains the best option for senior and middle-aged drivers. Farmers Mutual is the second-best for seniors instead of GEICO, which offers better rates for non-seniors.
Average Car Insurance Rates for Seniors
- CompanyAnnuallyMonthly
- 1.$701$58
- 2.Farmers Mutual of Nebraska$714$60
- 3.$747$62
- 4.Allied$831$69
- 5.$845$70
According to the National Highway Traffic Safety Administration, 12.3% of fatal car crashes in Nebraska in 2017 were caused by drivers over the age of 65.
Senior drivers should shop around to make sure they are getting the best rates. They should also ask for discounts for completing driver safety courses, discounts for driving infrequently and discounts for choosing a vehicle that has good safety features.
The above table is a general guideline of what seniors in Nebraska can expect when they go looking for the most affordable car insurance.
In Nebraska, more than 166,500 licensed drivers are age 70 and older. Nebraska mandates that drivers 72 and older to complete license renewals in person. Nebraska also accepts requests for the DMV to do unsafe driver investigations on elderly drivers.
Due to their inexperience, young student drivers in Nebraska pay higher car insurance premiums than adult drivers. Insurers consider them to be riskier drivers and charge them an average of $2287 per year, more than double what adult drivers pay.
The cheapest companies for full coverage car insurance for student drivers in Nebraska are:
- Progressive: $2,089 per year
- Allied: 2,202 per year
In Nebraska student drivers, Progressive and Allied are the most affordable option for student drivers, superseding USAA and GEICO, which are the best for an average 40-year old driver.
Average Car Insurance Rates for Students
- CompanyAnnuallyMonthly
- 1.$2,089$174
- 2.Allied$2,202$184
- 3.$2,264$189
- 4.$2,293$191
- 5.$2,791$233
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 above table illustrates an estimation of what parents in Nebraska can expect to pay for their teen or college-aged student drivers.
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. 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.
Average Rates for Nebraska service members
25 years$1,355
50 years$1,043
50 years$1,043
25 years$1,284
50 years$1,057
50 years$1,057
Car Insurance in Nebraska: What You Need to Know
All drivers in Nebraska need a certificate of insurance or other proof of financial responsibility before the DMV will register a vehicle.
Proof of Insurance in Nebraska
Carry an original insurance card or an electronic version in the vehicle. You should expect to show it when registering a car and you'll also 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 injuries
- $50,000 for all injuries in an accident
- $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 need to pay for the difference.
How Much Coverage Do You Need in Nebraska?
The minimum insurance required by Nebraska law is relatively minimal, so you may want to buy extra insurance to get sufficient coverage. 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 causes a hit-and-run accident.
If you own a new car, you may want to get collision coverage (which covers repairs or replacement due to a crash) or comprehensive (which pays for car damage caused by fire, theft and natural disasters). If you have a car loan, your lender will require these coverages to protect their investment.
Average Insurance Rate by City in Nebraska
FAQs About Car Insurance in Nebraska
A lot of questions about auto insurance in Nebraska are centered on the cost of coverage and how much to purchase. Here are answers to a few of the common FAQs in the state.
Expert Advice on Finding Cheap Car Insurance in Nebraska
To help you find trustworthy and accurate details on car insurance in Nebraska, MoneyGeek gathered expert advice from established professionals. The perspectives and sentiments conveyed are those of the individual contributor.
- What are the key factors drivers in Nebraska should look for when searching for the best auto insurance coverage?
- What steps can drivers in Nebraska take to find affordable car insurance?
Phuvadon Wuthisatian
Assistant Professor of Finance at Hastings College
About the Author
sources
- Centers for Disease Control and Prevention. "Sobering Facts: Alcohol-Impaired Driving State Fact Sheets." Accessed December 28, 2020.
- Experian. "2019 Consumer Credit Review." Accessed March 14, 2020.
- National Association of Insurance Commissioners. "2018 Market Share Reports." Accessed March 14, 2020.
- National Highway Traffic Safety Administration (NHTSA). "Traffic Safety Facts." Accessed March 14, 2020.
- Nebraska Department of Health and Human Services. "Distracted Driving In Nebraska ." Accessed March 14, 2020.
- NOLO. "Nebraska Driving Laws for Seniors and Older Drivers." Accessed March 14, 2020.