Nebraska has a vast interstate highway system, with over 95,000 miles of road for Nebraskans to use each day. But to do so means the 1.4 million licensed drivers must carry minimum insurance. Fortunately, it is possible to purchase cheap car insurance in Nebraska while still maintaining sufficient coverage for your car.
The average cost of car insurance for the Cornhuskers comes in around $321 per year for minimum coverage and $1,518 for the full coverage options. At Bankrate, we not only review the cheapest auto insurance in Nebraska, we analyze which carriers offer the most options and discounts while still providing competitive rates.
The cheapest car insurance in Nebraska
Cheap insurance rates are found with both regional and national carriers in Nebraska. Here is a snapshot of the cheapest rates and how each carrier compares.
|Car insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
Auto Owners is a regional provider for auto insurance and comes in with the lowest premiums for Nebraskans. Not only are the rates low, but the customer service rankings are extremely high. Auto Owners ranks highest in the central region by J.D. Power for customer satisfaction. With a superior A++ AM Best financial strength rating, Auto Owners combines stability, high customer service and competitive rates into one.
USAA offers auto insurance to members of the military, veterans and their immediate family members, which is sure to benefit members of the Offutt Air Force base community and beyond. If you meet the eligibility requirements, then you have access to the least expensive premiums and discounts on top of competitive rates. USAA discounts range from driving and good grades, to low mileage and length of membership.
Drivers of all ages can save with Allstate, but if you are a student you have access to multiple discounts with Allstate. Allstate’s Safe Driving Club and discounts for maintaining good grades are two examples of how Allstate supports younger drivers.
Nationwide may not be the least expensive option among these carriers, but it still offers cheap, competitive rates comparatively speaking. With discount programs such as Smart Ride, you save an additional 10% off the already discounted premiums. Plus, there are numerous ways to customize your policy with add-ons such as gap coverage and accident forgiveness. Working with a Nationwide agent is your best bet for a tailored policy with the maximum amount of discounts.
When the largest insurer in the U.S. provides multiple discounts on top of competitive rates, the result means even lower premiums for Nebraskans. Discounts such as the Drive Safe and Save program are available to lock in through the app, website, an agent or over the phone. State Farm not only writes an impressive number of insurance policies, but ranks high regionally for customer service while maintaining a Superior A++ AM Best financial rating.
Affordable coverage for Nebraska drivers
Nebraska requires drivers to carry minimum liability coverage. The minimum limits are $25,000 per person and $50,000 per accident for bodily injury and $25,000 for property damage liability. Nebraska further requires uninsured and underinsured motorist coverage, in the amounts of $25,000 per person, $50,000 per accident.
While $50,000 may seem adequate for an accident, if you are involved in a crash with multiple people and injuries, $50,000 may not be enough. If the accident is ruled your fault and your coverage limits are not sufficient, you are financially responsible for the additional payment. It’s recommended you work with an agent to determine the right amount of coverage for your financial situation.
How to get cheap car insurance in Nebraska
Securing cheap insurance in Nebraska is possible through a variety of methods. Besides avoiding accidents and moving violations, there are other techniques to use.
Shopping around is one of the best tactics for lowering your premiums. The difference from one carrier to another may astound you. Start by comparing the same policy coverage options and then asking about all available discounts. Beyond the rates, understand the carrier’s financial stability and customer service ratings — as these factors can save you time and effort should you need to file a claim.
Raising your deductible is another effective way to lower your premiums. According to the Insurance Information Institute (III), if you raise your deductible to $1,000 saves you up to 40%.
Maintaining a good credit score is another key to lower premiums. Your credit is a determining factor for your rates, as insurance companies note a correlation between lower credit scores and higher chance of making a claim. To avoid this, improve your score by paying bills on time, maintaining low credit utilization and monitoring your credit report for mistakes.
Frequently asked questions
What is the best car insurance in Nebraska?
The best car insurance in Nebraska is a personal opinion, but you should consider not only which company offers the most competitive rates, but also the best coverage options and customer service. With these factors in mind, Bankrate has determined Esurance, Geico and State Farm are the best for drivers in Nebraska.
What is the average cost of car insurance in the U.S.?
The average cost of insurance in the U.S. is $538 per year for minimum coverage and $1,738 for full coverage. With Nebraska’s minimum coverage averaging $321 per year, the state ranks in the bottom third for lowest premiums.
Is Nebraska considered a no-fault state for drivers?
No, Nebraska is considered a fault state, or tort-based. This means the person who causes the car accident in Nebraska is financially responsible for the damages. This is another reason drivers should consider carrying higher limits with liability coverage.
Bankrate utilizes Quadrant Information Services to analyze 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 sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.