The Cheapest Car Insurance in Nebraska (September 2023)

American National P&C is the cheapest option for most drivers in Nebraska. Auto-Owners Insurance Co and Farmers Mutual of Nebraska are affordable choices for other drivers.

If you’re looking for quality customer service without sacrificing cost, look for the best car insurance in Nebraska.

On average, the companies with the cheapest car insurance for a minimum coverage policy in Nebraska are:

• American National P&C: $145 per year
• Auto-Owners Insurance Co: $279 per year

The most expensive car insurance for a minimum coverage policy is from Allstate, with an average premium of $717 per year.

A minimum coverage policy only includes bodily injury liability, property damage liability and protection for uninsured/underinsured motorists.

A minimum coverage policy covers the damages or injuries you cause to other people. It does not cover damages or injuries to yourself and your car. A full coverage policy, on the other hand, covers the costs of damages to your car since it includes comprehensive and collision insurance.

The cheapest car insurance companies for a full coverage policy in Nebraska are, on average:

• American National P&C: $417 per year
• Auto-Owners Insurance Co: $654 per year

AAA offers the most expensive full coverage policy, at $1,350 per year.

Adding comprehensive and collision insurance to a policy may cost $272 more per year from American National P&C, but it gives you extra protection in case of a claim. It covers damages and injuries from on-road and off-road accidents.

Your car insurance needs impact the cost of your policy. MoneyGeek used a sample full coverage with the liability protection of:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage liability per accident

You can save money by decreasing your coverage limits, eliminating comprehensive and collision insurance or raising your deductible. However, these can adversely impact the protection you get from your policy.

Some insurers provide quotes on their websites, although it might take up to 15 minutes to get an estimate since you have to provide personal information. You might also need to compare quotes from different websites, which can make the process take even longer.

MoneyGeek's car insurance calculator can give you an estimate of your premiums without providing any personal information. The estimate can serve as a starting point when looking for the cheapest car insurance.

Age is one of the biggest factors affecting car insurance rates in Nebraska. MoneyGeek found that Allstate and American National P&C offer the cheapest options, depending on what age group you and your family belong to.

On average, the cheapest car insurance companies in Nebraska for teens on their parent’s policy are:

• Allstate: $1,961 per year for male and female teens
• Auto-Owners Insurance Co: $2,484 per year for male teens and $2,307 per year for female teens

State Farm is the most expensive company for teens on their parent’s policy, with an average premium of $3,982 per year for boys and $3,119 per year for girls.

Since car insurance rates for teens decrease with age, 19-year-olds can expect to have the lowest car insurance quotes among teens. In Nebraska, the car insurance provider offering the lowest rate for 19-year-old males is Auto-Owners Co ($1,467).

In general, teens pay more to have their own policy vs. being added to their parent’s coverage. The average premium for an individual policy for male teens in Nebraska is $5,925 per year, but it only costs around $2,917 per year to be added to a parent’s policy. Teenage drivers can save an average of $3,008 per year if they’re covered under their parent’s policy.

Families can save money on car insurance by getting discounts for young drivers. Allstate, Auto-Owners Insurance Co, Farmers, Progressive and State Farm offer distant student and good student discounts, whereas GEICO offers a good student discount.

On average, the cheapest car insurance companies in Nebraska for drivers in their 20s are:

• American National P&C: $508 per year
• Auto-Owners Insurance Co: $905 per year

The most expensive company for young adults is AAA, which costs an average of $1,891 per year for drivers in their 20s.

Middle-aged drivers typically pay less for car insurance than young adults since insurers see them as more experienced. For example, a full coverage American National P&C policy for a young driver costs around $91 more than the same policy for a middle-aged driver.

MoneyGeek found that the cheapest car insurance companies in Nebraska for senior drivers are, on average:

• American National P&C: $393 per year
• Auto-Owners Insurance Co: $625 per year

AAA offers the most expensive car insurance for seniors, at approximately $1,226 per year.

Senior drivers can have more expensive or cheaper policies than middle-aged drivers. The difference between their rates depends on the insurer. For instance, an American National P&C policy costs $24 more per year for middle-aged drivers vs. seniors. That said, car insurance rates may rise once a driver reaches their 70s or 80s.

Seniors can get discounts from their insurers. Allstate, Farmers and GEICO give discounts for senior drivers. You can also save money by comparing rates from different insurance to determine which one has the most affordable rates. Remember that many factors, including age, affect the cost of your policy.

Car insurance rates may significantly increase after a traffic violation since insurers may see you as a high-risk driver. American National P&C provides the cheapest car insurance after a ticket, an accident or a DUI.

The cheapest car insurance companies in Nebraska for drivers with speeding tickets are, on average:

• American National P&C: $476 per year
• Auto-Owners Insurance Co: $857 per year

AAA is the most expensive company for drivers with speeding tickets. Its average premium is $2,050 per year.

Drivers with a ticket pay around $270 more per year for their car insurance compared with a driver with clean records.

On average, the cheapest car insurance companies in Nebraska for drivers with an at-fault accident are:

• American National P&C: $536 per year
• Auto-Owners Insurance Co: $780 per year

The most expensive company for drivers with an at-fault accident is IMT Insurance Company, with an average premium of $2,197 per year.

The average cost of car insurance for a driver with an at-fault accident is $548 more expensive than a policy for a driver with a clean record.

The cheapest car insurance companies in Nebraska for drivers with a DUI are, on average:

• American National P&C: $589 per year
• Progressive: $1,142 per year

You’ll find the most expensive policy for drivers with DUI in AAA, with an average premium of $5,011 per year.

The average cost of car insurance for drivers with a DUI is around $976 more expensive than a policy for a driver with a clean record.

On average, the cheapest car insurance companies in Nebraska for drivers with poor credit are:

• Farmers Mutual of Nebraska: $1,328 per year
• American National P&C: $1,409 per year

State Farm has the most expensive car insurance if you have poor credit. Its average premium costs $5,130 per year.

On average, a driver with good credit (over 750) pays $1,088 less per year on their policy than drivers with poor credit (under 580).

Drivers with poor credit may pay higher rates since insurers found that they have a higher chance of filing claims. Nebraska allows this pricing system, but other states don't.

Improving your credit score might help you receive better rates, although it can take some time. Comparing rates and using discounts are short-term solutions to saving money on your policy.

On average, the cheapest car insurance companies for drivers in Nebraska with a sports car are:

• Auto-Owners Insurance Co: $649 per year
• Farmers: $995 per year

The more expensive company for sports cars is State Farm, with an average premium of $1,425 per year.

In general, sports car drivers tend to pay more for coverage because it’s more expensive to repair or replace. In Nebraska, purchasing a policy for a sports car is $148 more expensive than a policy for a Toyota Camry.

We based our average rates on a Ford Mustang. Your insurance premiums are often based on the model of your car and your choice of insurer.

Car model does not always matter when insuring a standard car, but it matters for luxury, electric and sports cars. Because these cars are generally more expensive than a Toyota Camry, for example, car insurance premiums tend to be higher. However, rates can change based on your state.

The cheapest car insurance company in Nebraska for active duty or military veterans is American National P&C. The average cost of a policy from this company is $417 per year.

MoneyGeek also gathered quotes from USAA, a company that specifically offers services for military members and their families. On average, a policy from USAA costs $795 per year. It’s available in all states.

The cost of your policy can vary depending on your specific location in Nebraska. This is because insurers may view you as riskier to insure if you live in an area with higher rates of theft, accidents or vandalism.

In Lincoln, a full coverage policy from American National P&C costs approximately $385 per year. If you buy the same policy in Omaha, the rate can increase to around $492 per year.

When looking for car insurance, it’s important to consider your location, aside from other personal factors. Comparing rates from different insurers can help you find the best rate that falls within your budget.

Drivers must meet the state's minimum requirements for car insurance. This usually includes bodily injury liability (BIL) and property damage liability, although Nebraska also requires uninsured/underinsured motorist coverage.

In Nebraska, you only need to meet the minimum insurance requirements, which include bodily injury liability, property damage liability and uninsured/underinsured motorist coverage.

Minimum coverage insurance is less expensive than full coverage, but it also pays less in the event of an accident. MoneyGeek recommends the most liability insurance limit that your budget can accommodate.

If you have a severe driving violation, you may need SR-22 insurance. Also, your coverage requirements may increase.

MoneyGeek suggests purchasing a policy with $100,000 bodily injury liability insurance per person, $300,000 bodily injury liability insurance per accident and $100,000 in property damage insurance per accident.

If you financed your car, your lender might require you to get comprehensive and collision insurance. Damages to your car that are the result of collisions are covered by collision insurance. Otherwise, the damages sustained by your vehicle are covered by comprehensive insurance.

Comprehensive and collision insurance might be useful for you if you drive a valuable car.

If you’re unable to get a car insurance policy in Nebraska, you can turn to the Nebraska Automobile Insurance Plan, surety bonds and securities. These can serve as compliance with state laws on insurance, especially if your circumstances hinder insurance companies from approving your applications.

The Nebraska Automobile Insurance Plan provides insurance for drivers who cannot get a policy from the voluntary market.

You may also post a bond of $75,000, guaranteed by a surety or a real estate property. It can also be in cash that you need to deposit to the Treasurer. If your liability exceeds the amount of the bond during an accident, you need to pay the excess of your expenses or liabilities. The liabilities of the bond are subject to limits imposed by law.

As much as possible, it's best to get a policy from an authorized insurance company. It lessens the personal risks and costs in case of an accident. Nevertheless, staying informed of Nebraska’s insurance regulations can help you avoid further liabilities and penalties.

Drivers who are searching for car insurance may have some questions about the costs and other features of their policies. MoneyGeek answered some common questions about car insurance in Nebraska.