Nebraska is home to nearly 2 million people, 1.4 million of which are licensed to drive. The state saw over 36,000 car crashes in 2019. Over 17,000 people were injured and 248 were killed. Carrying car insurance in Nebraska is more than a legal requirement. It is an important part of your financial plan and could protect you from financial devastation if you cause an accident.
The average cost of car insurance for drivers in Nebraska is $335 per year for minimum coverage and $1,531 per year for full coverage. These rates are lower than the national average, but because car insurance is a required expense, you may be looking for an inexpensive policy. If you are searching for cheap car insurance in Nebraska, Bankrate’s research might be able to help.
The cheapest car insurance in Nebraska
Bankrate’s insurance editorial team obtained current premium information from Quadrant Information Services for the largest insurance carriers in Nebraska by market share. In addition to analyzing the data to find the lowest annual premiums, we also reviewed available coverages, discounts offered and third-party rankings.
If you are shopping for the cheapest auto insurance in Nebraska, you might want to get quotes from the following companies:
|Car insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Iowa Farm Bureau||$271||$1,325|
Iowa Farm Bureau
Although the name might be confusing, Iowa Farm Bureau is a membership organization that sells insurance in Nebraska as well as other states. In addition to car insurance, you may receive benefits in other areas of your life if you join, like special savings at various hotels, resorts and from major retailers like John Deere and Ford.
Iowa Farm Bureau’s optional coverages include roadside assistance, replacement cost coverage and a telematics program called Driveology. You may be able to save by being claims free and driving low annual mileage. Iowa Farm Bureau also offers discounts to teen drivers, who are typically more expensive to insure.
Learn more: Farm Bureau Insurance review
State Farm is the largest insurer of personal autos in Nebraska, with nearly 20% of the market share. If you are looking for a company that provides an in-person insurance experience, State Farm could be a good choice. The company has plenty of agents across Nebraska who may be able to help you find coverage that fits your needs.
State Farm’s policies have several options for customization. You may be able to add ridesharing coverage or emergency roadside service, for example. The company also offers several discounts, including driver training, accident-free, multi-car and multi-policy. Additionally, State Farm received an above-industry-average score in the 2020 J.D. Power U.S. Auto Insurance Study in the Central region, which includes Nebraska.
Learn more: State Farm Insurance review
Progressive might save you time on your car insurance search by allowing you to compare multiple companies’ prices right from its website. You can also utilize the company’s Name Your Price tool, which allows you to enter your car insurance budget and then shows you several policy options that fit your financial situation.
Although Progressive’s coverage is not the cheapest on our list, it is in line with Nebraska’s average. Progressive also offers a long list of discounts that could help you lower your premium. You might save if you get your quote and buy your policy entirely online, sign up for paperless statements and own a home. You could also take advantage of the company’s Snapshot program, which might save you money based on your personal driving habits.
Learn more: Progressive Insurance review
Allstate’s prices may be the highest on our list, but the company may still be worth your time. The company offers numerous coverage options and discounts. You might customize your policy by adding sound system coverage, roadside assistance coverage or ridesharing coverage. And you may be able to save by having certain safety features on your vehicle, paying in full or signing up for automatic payments.
If you are interested in a company with plenty of online resources, Allstate may be a good choice. The company’s website offers you the ability to pay your bill, view your policy and see ID cards. Allstate also received an above-average score from J.D. Power for claims service.
Learn more: Allstate Insurance review
If you are looking for the cheapest full coverage car insurance in Nebraska, you may want to start with a quote from Farmers. The company offers the cheapest full coverage rates of all the companies on our list. The company received a higher-than-average score in the 2020 J.D. Power U.S. Auto Claims Satisfaction Study as well, indicating that most customers are satisfied with the company’s claims service.
Even with its low average premiums, Farmers offers plenty of optional coverages to help you tailor your policy to your needs. You may be able to add ridesharing coverage, guaranteed value coverage or customized equipment coverage. The company also offers several discounts that might help you save even more, like multi-policy discounts and safe driving discounts.
Learn more: Farmers Insurance review
Minimum coverage requirements for Nebraska drivers
In Nebraska, like in most states, drivers are required to carry minimum levels of certain car insurance coverages. In Nebraska, you must carry at least the following coverages and levels to drive legally:
- $25,000 bodily injury per person
- $50,000 bodily injury per accident
- $25,000 property damage
- $25,000 uninsured and underinsured motorist bodily injury per person
- $50,000 uninsured and underinsured motorist bodily injury per accident
If you purchase minimum coverage, you might pay some of the lowest rates. However, if you cause an accident and the damages exceed your insurance limit, you will be responsible for the overage out of pocket. Most insurance professionals recommend that you purchase higher liability limits if you can afford to.
Additionally, minimum coverage does not include comprehensive or collision coverages, the options that provide coverage for damage to your own vehicle. Adding these coverages means you will be purchasing full coverage. If you have a loan or lease on your car, your lender likely requires you to carry full coverage.
How to get cheap car insurance in Nebraska
Although car insurance in Nebraska is lower on average than the national average cost of car insurance, there are ways to help keep your premiums low.
- Shop around: Each insurance company offers different rates. Getting quotes for the same coverage limits from several companies might help you find a lower price for the coverage you need.
- Maintain a clean driving record: If you have accidents, tickets or DUI convictions on your record, insurance companies will likely charge you a higher premium to offset the increased risk of you causing accidents in the future. If you can keep your driving record clean for several years, you may get a lower rate.
- Take advantage of discounts: Most insurance companies offer discounts. Taking advantage of as many as you qualify for might help you save.
- Increase your deductibles: If you have full coverage, you have two deductibles on your policy, one for comprehensive and one for collision. Your collision deductible generally has more of an impact on your premium than your comprehensive deductible. Typically, a higher deductible means a lower premium. Just be sure to choose a level that you feel comfortable paying if you file a claim for damage to your vehicle.
If you are not sure what discounts you qualify for or what coverages you should consider, working with a licensed agent may be helpful.
Frequently asked questions
What is the best car insurance in Nebraska?
The best car insurance in Nebraska is a personal opinion, but you may want to consider not only which company offers the most competitive rates, but also the best coverage options and customer service. Understanding what you need and what from an insurance company before you start shopping might help you narrow down your options, and getting quotes from several companies might help you find the coverage and features you are looking for at the lowest price.
What is the average cost of car insurance in the U.S.?
The average cost of insurance in the U.S. is $565 per year for minimum coverage and $1,674 for full coverage. Nebraska drivers typically pay less than the national average, with average premiums of $335 per year for minimum coverage and $1,531 per year for full coverage.
What happens if I drive without insurance in Nebraska?
Nebraska requires its drivers to carry car insurance coverage. Driving without insurance is illegal. If you are caught, you could face fines, license suspension and jail time. If you cause an accident without insurance, the penalties may be stiffer. You will also have to pay for the damages and injuries that you caused out of pocket, which could cause significant financial stress.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.