The Cheapest Car Insurance in Nebraska for 2022
GEICO offers the cheapest car insurance in Nebraska with a minimum coverage policy averaging $342 per year.
MoneyGeek conducted an in-depth review of Nebraska car insurance rates to help our readers find the most affordable rates based on their individual needs. While GEICO is the cheapest for many Nebraska drivers, seniors and drivers with bad credit might find lower rates with Farmers Mutual of Nebraska. Our research found that by comparing insurance rates, Nebraska drivers could save $813 annually.
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The Cheapest Car Insurance in Nebraska
MoneyGeek comprehensively looked into the cheapest car insurance in Nebraska by city for customers seeking even more specific pricing. We also broke down the best car insurance providers in Nebraska if you're searching for a good mix between customer service and price.
Why Trust MoneyGeek? Nebraska car insurance rates in this study are based on our analysis of data and information from the Nebraska Department of Insurance and Quadrant Information Services.
These rates were updated in August 2022 to reflect how car insurance rates in Nebraska have changed up to this month.
Cheapest Minimum Liability Car Insurance in Nebraska
Minimum liability coverage is the cheapest choice for auto insurance in Nebraska. This kind of insurance only offers the bare minimum of coverage permitted by the state.
MoneyGeek found that the most affordable rates in Nebraska for minimum liability coverage are offered by:
- GEICO: $307 per year
- Farmers Mutual of Nebraska: $308 per year
Meanwhile, Farmers charges an average of $651 a year for minimum liability coverage, which is the highest rate.
CHEAPEST MINIMUM CAR INSURANCE IN NEBRASKA
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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Cheapest Full Coverage Car Insurance in Nebraska
In Nebraska, getting full coverage offers additional protection and increased liabilty limits. Residents who purchase this policy receive comprehensive and collision insurance plus increased protection from on- and off-road incidents, despite the potential rise in premiums.
According to MoneyGeek's ratings, the following providers offer the cheapest full coverage insurance:
- GEICO: $781 per year
- Farmers Mutual of Nebraska: $842 per year
At roughly $749 a year, USAA offers the lowest car insurance, but it is only available to current and former military members. Meanwhile, Farmers is the most expensive insurance, at an average of $1,212 per year.
MoneyGeek suggests comparing auto insurance quotes to help you obtain the cheapest rates in Nebraska.
CHEAPEST FULL COVERAGE CAR INSURANCE IN NEBRASKA
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.
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 the average costs for companies in Nebraska, you can use MoneyGeek's car insurance calculator to get a quote without submitting any personal information. However, you'll need to provide more information if you want a personalized quote. 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.
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Cheapest Car Insurance in Nebraska for Young Drivers
Since they are considered higher-risk drivers, young people in Nebraska have to pay higher auto insurance costs than adults.
MoneyGeek discovered that young drivers in Nebraska have access to the following affordable auto insurance options:
In Nebraska, GEICO is frequently the cheapest alternative for drivers between the age of 21 and 25. Allstate offers the best value for drivers between ages 19 and 20. MoneyGeek also found that Progressive, Allied and State Farm offer reasonable rates for drivers aged 16, 17 and 18, respectively.
ANNUAL CAR INSURANCE IN NEBRASKA FOR YOUNG DRIVERS
The prices parents in Nebraska can anticipate paying for young drivers are shown in the above table. Insurance companies in this state charge 16-year-old drivers $2,869 annually. This is more than what a 25-year-old driver pays at $1,133 each year.
According to the Nebraska Department of Insurance, purchasing and insuring a used car for a young driver may be less expensive than including them in an already existing coverage. Nebraska also places restrictions on young drivers. For instance, full-time college students from outside the state with a valid driver's license can drive around without a Nebraska license.
Cheapest Car Insurance in Nebraska for Seniors
In Nebraska, premiums for senior drivers are higher than for middle-aged and young-adult drivers.
Based on MoneyGeek's analysis, the cheapest full coverage car insurers in Nebraska for senior drivers are:
- Farmers Mutual of Nebraska: $796 per year
- State Farm: $833 per year
The least expensive option for seniors is USAA, which charges about $781 a year but is only available to military members.
USAA is also the best choice for older and middle-aged drivers. Whereas GEICO has better rates for non-seniors, Farmers Mutual is the second-cheapest option for seniors.
CHEAPEST CAR INSURANCE RATES FOR SENIORS
The table above provides a broad idea of what Nebraska seniors shopping for the cheapest auto insurance might anticipate. Senior drivers in Nebraska pay $1,049 annually, which is more than the state average cost of $1,029 for a driver in the same age group.
More than 166,500 drivers in Nebraska are at least 70 years old. Senior drivers should compare rates to get the best deals. They should also request discounts for completing driver safety training programs, driving sparingly and picking a car with appropriate safety features.
Cheapest Car Insurance for Drivers With Tickets in Nebraska
Minor driving violations like speeding tickets can raise your insurance rates in Nebraska. Drivers with speeding fines in this state pay an average of $1,176 annually, while those who have never received a ticket pay about $1,029 each year.
For motorists with speeding tickets, the state's cheapest auto insurance companies are:
- GEICO: $781 per year
- Farmers Mutual of Nebraska: $923 per year
At about $921 a year, USAA is the next most affordable choice, but only active and retired military personnel are eligible. For Nebraska drivers without a history of violations, USAA and GEICO also provide the most affordable rates.
AVERAGE CAR INSURANCE RATES WITH A TICKET
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.
Cheapest Car Insurance for Drivers With a DUI in Nebraska
Nebraska drivers with a DUI face higher insurance costs — an average annual premium of $1,837 — and frequent SR-22 filing requirements.
Based on MoneyGeek's study, the following insurance companies offer full coverage at the lowest rates for DUI drivers:
- State Farm: $939 per year
- Progressive: $1,235 per year
USAA and GEICO offer the most affordable premiums for drivers with a clean record. However, State Farm and Progressive offer the best rates for DUI offenders.
AVERAGE CAR INSURANCE RATES WITH A DUI
Nebraska residents found to be driving under the influence (DUI) pay higher auto insurance costs, can get arrested and may lose money paying fines.
As you compare the cheapest companies to the most expensive, think about how much money you could save annually by using rates for Nebraska drivers with a DUI. Your insurance provider, where you live and your driving history all impact how much your rate will rise if you get a DUI on your record.
Cheapest in Nebraska for Drivers With an At-Fault Accident
Auto insurance costs are higher for at-fault drivers in Nebraska than those with clean records. Drivers in Nebraska who cause an accident typically pay $1,610 in car insurance annually.
MoneyGeek found that the cheapest car insurance for drivers in Nebraska who are at fault in an accident are:
- State Farm: $911 per year
- Farmers Mutual of Nebraska: $920 per year
USAA is also relatively less expensive — an average rate of $1,107 — only if you are an active or former military member.
CHEAPEST CAR INSURANCE WITH AN AT-FAULT ACCIDENT
Cheapest Car Insurance in Nebraska for Drivers With Bad Credit
Drivers in Nebraska with bad credit pay more than those with good credit. The average annual cost of auto insurance for drivers with good credit scores is $1,029, while for those with poor credit, it is $1,607.
The following car insurers offer the best rates for drivers with poor credit:
- Farmers Mutual of Nebraska: $1,187 per year
- GEICO: $1,229 per year
With an average annual rate of $1,210, USAA is the second-cheapest option but is only available to current and retired military personnel.
For drivers with low credit scores, Farmers Mutual takes the place of USAA as the most affordable option, whereas USAA takes the place of GEICO as the second-cheapest insurer.
CHEAPEST CAR INSURANCE RATES FOR DRIVERS WITH BAD CREDIT
Credit scores influence your rates and help companies more accurately estimate insurance losses. Generally, a higher score means a reduced chance of filing a claim and lower rates. On the other hand, a lower score means an increased risk of filing a claim and higher insurance rates.
The above chart shows how much auto insurance may cost for Nebraska drivers with bad credit. Nebraska has an average FICO score of 723. Consider raising your credit score to lower your rates and save money on your premiums.
Cheapest Car Insurance in Nebraska for Military Drivers
At roughly $344 a year, USAA offers the third-cheapest auto insurance in Nebraska, behind Farmers Mutual of Nebraska and GEICO. USAA serves only active military, veterans and their families.
- Average rate: $344 per year
- Ranks as the third-cheapest out of 11 insurers
USAA provides the best prices for military families. You can save more money by using a USAA policy. Discounts available to qualified policyholders include bundling, finishing a driver safety course and maintaining a spotless driving record.
Cheapest Car Insurance in Nebraska by City
Where you live in Nebraska also matters when determining car insurance costs. Rates can change greatly within the state. For example, car insurance in Lincoln costs an average of $822 per year, while Omaha car insurance rates average $999 per year. You can find out more information about car insurance costs in your area by clicking on your city.
AVERAGE INSURANCE RATE BY CITY IN NEBRASKA
Car Insurance in Nebraska: What You Need to Know
Nebraska's minimum auto insurance requirements indicate that any registered vehicle must maintain liability insurance.
Nebraska Insurance Requirements
Before registering a car with the DMV in Nebraska, all drivers must present proof of insurance or other financial responsibilities. Upon registration, you should prepare to present it alongside insurance information if there are any injuries or property damages.
Also, all motor vehicle owners in Nebraska are required to carry the following minimum levels of liability insurance:
- $25,000 per person for injuries
- $50,000 for all injuries in an accident
- $25,000 for property damage
If you are a high-risk driver unable to purchase a policy on the open market, you can apply for coverage through the Nebraska Automobile Insurance Plan. Nebraska car owners must post a $75,000 surety or real estate bond. Alternatively, they can deposit cash for the same amount to the state treasurer. However, you are responsible for paying the difference if your negligence results in an accident that costs more than $75,000.
You may need to purchase an additional policy to ensure that you have enough coverage since the state only requires minimal insurance. Insurance experts recommend purchasing liability insurance of at least $100,000 per injury and $300,000 per accident.
If an at-fault driver doesn't have insurance or commits a hit-and-run accident, they might also want to consider getting uninsured motorist protection, which will help pay for damages.
MoneyGeek suggests getting collision coverage for car replacement or repairs following an accident or comprehensive coverage if you have a new vehicle damaged by fire, theft and natural disasters. Your lender will demand these coverages to safeguard its investment if you have a car loan.
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 credible and accurate insight on car insurance in Nebraska, MoneyGeek received expert advice from trusted professionals. The perspectives and opinions expressed 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?
Assistant Professor of Finance at Hastings College
About the Author
- 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 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.