Nearly 2,000,000 people live in Nebraska, with 1.4 million being licensed to drive. In 2019, the state was responsible for more than 36,000 vehicle crashes. More than 17,000 people were hurt and 248 died in the crashes. Car insurance is not a requirement in Nebraska. You can protect yourself from financial ruin if you are involved in an accident by having car insurance.
Nebraska drivers pay an average of $335 per year to insure their car. Full coverage costs $1,531 each year. Although these rates are lower than the average national rate, car insurance is an expensive expense and you might be interested in a policy that’s more affordable. Bankrate may be able help you find cheap Nebraska car insurance.
Nebraska has the cheapest car insurance
Bankrate’s insurance team obtained the most current premium information from Quadrant Information Services, which is one of the largest Nebraska insurance companies by market share. We also looked at the available coverages and ranked third-party providers.
These companies might be able to provide you with quotes if you’re looking for the lowest auto insurance in Nebraska.
Iowa Farm Bureau
Iowa Farm Bureau, despite the confusing name, is a membership agency that sells insurance in Nebraska and other states. You may also receive benefits beyond car insurance if you join Iowa Farm Bureau, such as special savings at different hotels, resorts, and major retailers like John Deere or Ford.
Iowa Farm Bureau’s optional insurances include roadside help, replacement cost coverage, and a telematics program called Driveology. Low annual mileage and a claim-free policy may help you save money. Iowa Farm Bureau offers discounts for teen drivers who are often more costly to insure.
State Farm
With nearly 20% market share, State Farm is Nebraska’s largest personal auto insurer. State Farm is a great choice if you’re looking for an insurance company that offers an in-person experience. There are many agents throughout Nebraska that may be able help you find the right coverage for your needs.
State Farm policies offer several customization options. For example, you may be eligible to add ridesharing or emergency roadside assistance. There are also discounts offered by the company, such as driver training, multi-car, accident-free, and multi-policy. Additionally, State Farm received an above-industry-average score in the 2020 J.D. The Central region of the Power U.S. Auto Insurance Study includes Nebraska.
Progressive
Progressive may be able to save you time when you compare prices from multiple companies right from their website. The company also offers a Name Your Price tool that allows you to enter your car’s insurance budget and shows you a variety of policy options that will suit your financial situation.
Progressive’s coverage may not be the most affordable on our list but it is comparable to Nebraska’s average. Progressive offers many discounts that can help lower your premium. It’s possible to save money if you order your quote online and purchase your policy electronically. You can also sign up for paperless statements, own a home, and get your quotes online. The Snapshot program by the company could save you money depending on your driving habits.
Allstate
Although Allstate’s prices are not the most expensive on our list of recommended companies, they may still be worth your attention. There are many coverage options available and discounts. You can customize your policy to include sound system coverage, roadside assist coverage or ridesharing coverage. You might be able save money by adding safety features to your vehicle, paying in full, or signing up for automatic payment.
Allstate is a great choice if you’re looking for a company that offers many online resources. You can view your policy, pay your bill and access your ID cards on the company’s website. J.D. also gave Allstate an above-average score. Power for claims service.
Farmers
Farmers Insurance may be the best option if you’re looking for Nebraska’s lowest full-coverage car insurance. Farmers offers the lowest full coverage rates among all the companies we have reviewed. The 2020 J.D. score for the company was higher than average. The Power U.S. Auto Claims Service Satisfaction Study also indicated that the majority of customers are happy with the company’s claims services.
Farmers has many optional coverages that can be tailored to suit your needs, even with its low premiums. Ridersharing coverage, guaranteed-value coverage, and customized equipment coverage may be available. You may also be able to save more with multi-policy discounts or safe driving discounts.
Nebraska drivers must have minimum coverage
Nebraska is like most other states in that drivers must have minimum levels for certain types of car insurance. To drive legally in Nebraska, you must have the following coverages or levels:
- $25,000 per person for bodily injury
- $50k bodily injury per accident
- $25,000 for property damage
- $25,000 bodily injury to a motorist who is uninsured or underinsured.
- $50,000 bodily injury to a motorist who is uninsured or underinsured.
You might be charged the lowest rates if you have minimum coverage. If you cause an accident that results in more damage than your insurance limits, you’ll be responsible for any excess out of pocket. Insurance professionals advise that you buy higher liability limits if possible.
Also, minimum coverage does NOT include collision or comprehensive coverages. These options provide coverage for damage to your vehicle. These coverages will increase your coverage. Your lender may require you to have full coverage if you have a car loan or lease.
How to Get Cheap Nebraska Car Insurance
Even though Nebraska’s average cost for car insurance is less than the national average, there are still ways to lower your premiums.
- Compare rates: Every insurance company has different rates. Comparing quotes from different companies for the same coverage limit might help you to find a lower rate for the coverage that you need.
- Keep your driving record clean: Insurance companies will charge you more if you have DUI convictions, tickets, or accidents on your record. This is to compensate for the higher risk of you causing other accidents in the future. You may be eligible for a lower rate if you maintain a clean driving record over several years.
- Discounts are available from most insurance companies. You might save money by taking advantage of all the discounts available to you.
- You can increase your deductibles. If you have full coverage, there are two deductibles. One for collision and one for comprehensive. Your premium will be affected more by your collision deductible than your comprehensive one. A higher deductible usually means a lower premium. If you have to file a claim for damage to your car, make sure you choose the right level.
A licensed agent can help you determine what discounts are available to you and what coverages you should be looking at.
Questions frequently asked
Which is the best Nebraska car insurance?
Although the best auto insurance in Nebraska may be subjective, you might want to take into consideration not only the lowest rates but also the best customer service and coverage. Getting quotes from multiple companies may help you narrow your choices and find the best coverage and features for you.
What is the average cost for car insurance in the United States?
The average cost for insurance in the U.S. for minimum coverage is $565 and full coverage $1,674. Nebraska drivers pay lower than the national average. The average premium for minimum coverage is $335 and full coverage is $1,531 each year.
What happens if I don’t have insurance in Nebraska?
Nebraska requires that all drivers have car insurance. It is illegal to drive without insurance. You could be subject to fines, suspension of your license, and even jail time if you are caught. The penalties for an accident that you caused without insurance may be more severe. In addition to the financial burden, you will have to pay out-of-pocket for any injuries or damages that you cause.
