Lincoln, Nebraska’s average cost for car insurance is $409 per annum for minimum coverage, and $1,334 for full coverage. This is lower than the national average. Lincoln has a low number of fatalities. This is another great statistic. In 2019, Lancaster County had 6,253 fatalities. This is quite remarkable considering Lincoln is a large urban area.
Lincoln drivers pay higher rates than the rest of the nation, but that doesn’t mean they should be paying more. We considered a number of factors to determine the best Lincoln car insurance, including financial strength, customer service, and discounts.
Lincoln’s best car insurance companies
J.D. was used to determine which Lincoln car insurance is the best. We looked at J.D. Power scores, AM Best scores to assess financial strength, coverage options and average price of a policy (minimum or full), as well any discounts that may be available. These are the top five providers in Lincoln, Nebraska.
| Insurance company | J.D. J.D. | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|---|
| Allstate | 832 / 1,000 | $514 | $1,736 |
| Farmers | 827 / 1,000 | $533 | $1,236 |
| Progressive | 849 / 1,000 | $463 | $1,454 |
| State Farm | 849 / 1,000 | $413 | $1,341 |
| USAA | 905 / 1,000 | $309 | $976 |
Allstate
Allstate offers a wide range of coverage options that will suit almost any driver. Allstate provides rideshare insurance that protects you while working, whether you plan to or already drive for Uber and Lyft.
Every driver should be able find discounts that will lower their premium. This is especially true for students under 25. You may be eligible for discounts if this is the case.
- A minimum GPA of 2.7
- While you are away from school, keep your car parked.
- Allstate’s Young Driver Education Program.
Farmers
Farmers not only offers very low premiums but also offers many ways to lower your costs. Bundling multiple vehicles with Farmers will save you the most, but there are other ways to save. You can save money by signing-up for auto-pay, anti-lock brakes, or having your VIN etched in your glass.
A large variety of coverage options are also available from Farmers. You can buy rideshare insurance like Allstate. However, you can also purchase guaranteed values, spare parts, and loss of use coverage.
Progressive
Progressive offers great rates, coverage options, and discounts. Progressive’s best feature is its tolerance. Progressive will not raise your premium if you have a claim that is less than $500 during your first policy term. Progressive will not raise your premium if you are involved in a major accident.
- In the last three years, you have not been convicted of any moving violation
- In the last three years, you have not been in an accident
- At least five years of Progressive customer
Progressive has one of the highest customer satisfaction ratings in the industry.
State Farm
State Farm, which partnered with Progressive to provide customer service, received top marks by J.D. 2020 Power. This is not surprising considering that State Farm is the largest provider of auto insurance in the United States. They have the resources and expertise to offer excellent customer service.
State Farm has many things that you will love. State Farm offers great discounts and all the coverage most drivers require. It also has an excellent app. The State Farm app is available for both Android and iOS phones. It allows drivers to pay their bills, file claims, verify their insurance status, request roadside assistance, and show proof of insurance.
USAA
USAA is a niche provider. USAA only covers drivers who are current or retired military personnel, and their immediate families. USAA can provide a quote if you are in this category. It beats its competitors year after year for the lowest average premium (both full and basic). Although it doesn’t offer any discounts, there are a few that can help drivers save more. USAA will take 60 percent off your premium if you are deployed and need to park your car.
Lincoln has the lowest car insurance
The average cost of full coverage car insurance in the U.S. costs $1,601 per year, while the average in Nebraska costs $1,518. Lincoln scores even better, with an average cost of $1,334 per year for full coverage. But that doesn’t mean you shouldn’t shop around for the lowest car insurance in Nebraska.
| Insurance company | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|
| USAA | $309 | $976 |
| Auto-Owners | $311 | $1,168 |
| All over the country | $341 | $972 |
| State Farm | $413 | $1,341 |
| Progressive | $463 | $1,454 |
Lincoln is lucky in the sense that its cheapest businesses are also its most successful. Each company offers great customer service, coverage options, and rates. This list is different from the one in the previous section. The difference is between Farmers and Auto-Owners. Farmers offered better discounts so Auto-Owners did not make it to the last section. Both are excellent companies and well worth your attention.
Lincoln insurance requirements
You must have a minimum of a 25/50/25 insurance policy to be properly insure Lincoln, Nebraska. This means that your insurance provider must provide coverage up to the following:
- $25,000 per person to cover bodily injury/death
- $50,000 for bodily injury/death
- $25,000 per accident to cover property damage
It might not be a good idea to buy as much insurance as you can afford. Although the above amounts may seem like a lot, they are often not necessary after a serious accident. Consider that new cars can be valued at well over $25,000, even if you don’t consider bodily injury or property damage. You must pay for any amount that is not covered by insurance.
Do you plan on leasing or financing a car? Most likely, your lender or dealer will require that you purchase full coverage insurance. Rate shopping is more than just looking at the average company’s basic coverage. You should also look at the average cost of full coverage.
Lincoln car insurance discount
- Multi-car
- Anti-theft
- Driving defensively
- Good student
Signing up for defensive driving classes is a quick and easy way to reduce your car insurance. The class can be taken online or in person. The class is expensive but it pays off in a matter of months. For completion, many insurance companies offer 10% permanent savings.
A customer loyalty discount is often the best way to get the most bang for your buck. This discount can be multi-car or multipolicy. You can save up to 25% on either if you use the same company to insure all your needs.
Questions frequently asked
Which is the best auto insurance company?
There are many ways to answer this question but USAA is currently ranked number one, followed closely by Geico. It does face stiff competition. You can find more information on our Best Car Insurance Companies page.
What is the cost of Lincoln car insurance?
Lincoln’s average cost for coverage is $409/year for minimum coverage, and $1,334/year for full coverage. The price you pay will vary depending on your driving record, age and vehicle type.
