Nebraska is a relatively inexpensive state for car insurance, but that doesn’t mean you should just go with the first company you see. It’s important to compare quotes from multiple insurance companies to find the best possible rate on your coverage.
In this article, we’ll take a look at the best and cheapest car insurance companies in Nebraska in 2023. We’ll compare their rates, coverage, and customer service to help you choose the right insurance company for you.
Best & Cheap Car Auto Insurance in Nebraska: Overview
The cost of car insurance in Nebraska is less than the national average. Therefore, you have a decent chance of discovering quality auto insurance in Nebraska at competitive prices. The section below will examine the state’s most cost-effective vehicle insurance providers and available coverage alternatives.
Requirement for Best & Cheap Car Insurance in Nebraska
In Nebraska, all drivers are required to carry liability insurance. This essential insurance policy pays for any harm and losses you cause to other people. Liability insurance also covers your legal defence if someone sues you due to an automobile accident. You have two options if someone hits you: sue them or claim their liability insurance.
In Nebraska, auto owners are required to have liability insurance with minimum levels of:
- $25,000 for one person’s physical harm
- $50,000 for numerous people’s bodily injuries in a single accident
- $25,000 for one accident’s property damage
The minimum set by the state is not sufficient. Purchasing more significant policy limits is a wise decision. If you cause an accident resulting in several injuries, medical expenses may quickly surpass the required amounts, and you may be liable for the balance. A decent general rule of thumb is to purchase enough liability insurance to safeguard your funds and valuables, such as your home.
Coverage for uninsured and underinsured drivers. Also required for drivers in Nebraska is uninsured motorist coverage (UM). This covers your medical costs when someone hits you while driving without insurance. When someone strikes you but only has a small liability insurance, underinsured motorist coverage (UIM) pays for your medical bills. Your UIM coverage takes effect once the at-fault driver’s liability insurance has expired.
How Much Does Nebraska Car Insurance Cost?
The state-level averages for Nebraska are $359 for the minimal level of coverage and $1,624 for the complete level of coverage, much lower than the corresponding national averages of $622 and $2,014 for these levels of coverage. Nebraskan drivers can shop around and find even lower rates. Nebraska’s average coverage cost is about average compared to neighbouring states. Drivers in South Dakota pay somewhat less on average—$276 for the minimum amount of coverage and $1,553 for full coverage—while those in Kansas pay significantly more—$416 for the minimum and $1,878 for full coverage.
The fact that many drivers in Nebraska reside in rural areas, where accidents are less likely, may contribute to the state’s comparatively low rates. Since these zones are more prone to experience fender benders and other, more serious incidents, which may increase claims and expenditures, insurance tends to be more expensive in congested urban areas.
Guidelines for Finding the Best & Cheap Car Insurance in Nebraska
#1. Evaluate Prices from Regional and National Insurance Providers
Don’t forget to consider your local insurance providers when looking for affordable auto insurance. Regional insurance providers in Nebraska may offer more affordable rates while maintaining similar client satisfaction.
#2. Be Aware of the Elements Influencing Nebraska Insurance
Everyone knows your driving record and claims experience influence your auto insurance’s cost. However, while determining your prices in Nebraska, insurance providers consider your credit history, marital status, annual mileage, and even some extenuating circumstances like your age and gender.
#3. Select the Insurance that is Appropriate for You
In Nebraska, if you cause an accident and are found to be at fault, you must have liability insurance to cover the other driver’s losses. On the other hand, collision and comprehensive coverage are optional and might not be required if you drive an older vehicle. For low-mileage drivers, usage-based insurance might be a better fit than a standard policy, and choosing a larger deductible or lower coverage limits will also result in lower prices. Don’t cut corners on the required coverage, but make wise decisions. You can avoid purchasing more auto insurance than you need in this manner.
#4. Residing in More Affordable Zip Codes
The cost of car insurance in Nebraska can vary significantly by zip code. Drivers in Nebraska’s most expensive areas typically pay over $1,600 more annually for auto insurance than those in the least expensive areas.
#5. Look for Bargains
Most people can find methods to save money thanks to the various discounts offered by Nebraska’s top auto insurance providers. You might be eligible for a discount if you’re a student, veteran, safe driver, homeowner, or willing to go paperless.
#6. Keep Up Coverage
Even if you don’t own a car, if you let your insurance lapse, your premiums will increase. In Nebraska, drivers with less than five years of insurance experience pay an average of 11% more than those who do.
Best & Cheap Car Insurance in Nebraska in 2023
American National offers the lowest auto insurance in that state, charging an average of $606 per year or $50 per month. In contrast, full coverage auto insurance in Nebraska costs an average of $1,788 annually, or roughly $149 monthly.
The average cost of the bare minimum coverage in Nebraska is $422 a year. However, we discovered that you might find a cheaper policy. As an illustration, American National provides the most affordable rates in Nebraska, averaging $109 annually for minimum coverage auto insurance for a 35-year-old motorist with a spotless driving record.
How we Selected Nebraska’s Best & Cheap Car Insurance
We’ve examined the prices for vehicle insurance from 19 auto insurers in Nebraska and identified the five best deals for 2020 Toyota Camry L drivers in a range of age categories and driving records. We looked at rates corresponding to Nebraska’s minimal standards for minimum coverage. We utilised the following coverage limits for complete coverage:
- Liability for bodily harm up to $100,000 per person.
- $300,000 in responsibility for bodily harm per incident.
- Liability for property damage of $50,000 per incident.
- Uninsured motorist coverage of $100,000 per person.
- Uninsured motorist coverage of $300,000 per incident.
- Insurance for collisions with a $1,000 deductible.
- Detailed protection with a $1,000 deductible.
So, let’s take a look at the best and cheapest car insurance in Nebraska:
#1. Best & Cheap Car Insurance for Drivers Under 20
Finding the most affordable auto insurance may require drivers in their 20s to compare numerous estimates. Prices might be extremely high for younger drivers in their 20s, but they often decline as they get more driving experience. It is best to look around to find them because certain businesses consistently offer younger drivers lower insurance prices.
The following businesses in Nebraska had the lowest typical rates, so those with clean driving records might want to consider them:
- American National: $93 per month, or $1,121 per year.
- EMC: $1,683 per year, or roughly $140 monthly.
- Farmers Mutual of Nebraska: $187 monthly, or $2,248 annually.
- For auto owners, $2,493 per year, or around $208 monthly.
- Farm Bureau Financial Services: $2,508 annually ($209 monthly) or similar.
#2. Best & Cheap Car Insurance for Drivers Under 30
Most drivers will pay less for auto insurance in their 30s than in their 20s and teens. Even yet, premiums might rise depending on a person’s driving history and car type. Drivers in their 30s might get reduced rates by comparing quotes and utilising any discounts available for auto insurance.
The following businesses, which had the lowest typical rates, can be contacted by Nebraskan drivers who desire the minimal coverage required by their state:
- American National: $632 per year, or roughly $53 monthly.
- EMC: $985 per year, or roughly $82 monthly.
- Auto-Owners: $1,196 annually, or roughly $100 monthly.
- Nebraska Farmers Mutual: $1,373 annually, or roughly $114 monthly.
- $1,379 per year, or roughly $115 per month, nationally.
#3. Best & Cheap Car Insurance for Drivers Over 40
The average insurance rate for drivers in their 40s is generally lower than that of their younger colleagues, although they still pay more than older age groups. The easiest approach to obtain reduced prices is to compare cheap auto insurance quotes from various insurers. Good drivers who don’t drive much might want to think about pay-per-mile insurance, which bills customers based on the number of miles driven.
The following businesses in Nebraska, which had the lowest average rates, may be worth considering for drivers with spotless driving records:
- American National: $560 annually, or roughly $47 monthly.
- EMC: $853 per year, or roughly $71 monthly.
- Auto-Owners: $1,148 annually, or roughly $96 monthly.
- Nebraska Farmers Mutual: $1,251 annually, or roughly $104 monthly.
- $1,313 per year, or roughly $109 per month, nationally.
#4. Best & Cheap Car Insurance for Drivers Over 50
On average, drivers in their 50s pay less for auto insurance than most other age groups. Prices will keep declining as individuals approach retirement age and accumulate more driving experience. To get the best deal, it’s a good idea to compare rates from different providers as they can still differ based on other aspects like a driver’s location and gender. You should begin by looking through our list of affordable auto insurance providers.
Drivers in Nebraska who have a spotless driving record might choose to get quotes from these companies because their average prices are the lowest:
- American National: $543 annually, or roughly $45 monthly.
- EMC: $762 annually, or roughly $63 monthly.
- Housing: $90 per month, or $1,076 annually.
- Auto-Owners: $1,079 annually, or roughly $90 monthly.
- Farmers Mutual of Nebraska: $96 monthly, or $1,146 annually.
#5. Best & Cheap Car Insurance for Drivers Over 60
On average, 60-year-olds pay less for vehicle insurance than many other age groups, but costs tend to rise as people age. Senior drivers in their 60s should look around for the greatest deal to discover affordable auto insurance. Drivers in this age bracket should also benefit from any senior citizen discounts that may be offered.
These businesses in Nebraska, which had the lowest average rates, might be worth considering for quotations from those who have clean driving records:
- American National: $475 annually, or roughly $40 monthly.
- EMC: $714 annually, or roughly $59 monthly.
- Auto-Owners: $84 per month, or $1,013 per year.
- Farmers Mutual of Nebraska: $85 per month, or $1,021 annually.
- Housing: $90 per month, or $1,076 annually.
#6. Best & Cheap Car Insurance for Drivers Over 70
The cost of auto insurance for drivers over 70 may start to increase. Shop around and compare prices from several providers to locate the most affordable coverage. Additionally, search for insurers who provide senior discounts. For instance, some insurers provide elderly drivers with discounts if they complete a defensive driving course.
These businesses in Nebraska, which had the lowest average rates, might be worth considering for quotations from those who have clean driving records:
- American National: $510 annually, or roughly $42 monthly.
- EMC: $712 annually, or roughly $59 monthly.
- Auto-Owners: $1,071 annually, or roughly $89 monthly.
- Farmers Mutual of Nebraska: $90 per month, or $1,077 annually.
- Farm Bureau Financial Services: $1,148 annually ($96 monthly) or similar.
Best & Cheap Car Insurance Companies
According to our investigation, American National and Auto-Owners Insurance provided some of the most affordable rates for various driver characteristics. According to our approach, we determined the rates below based on a particular Nebraska driver profile requesting minimum coverage. A motorist must be between 36 and 45, have a credit score between 680 and 719, have no citations or coverage gaps in the past, and have a car worth between $20,000 and $30,000.
#1. American Nationa
Our Nebraska driver profile might find fundamental auto insurance from American National for as little as $11.33 monthly. Through regional agents, American National provides auto insurance. It offers optional roadside assistance, gap insurance, replacement parts insurance, and the usual coverage options.
#2. Automobile Owners Insurance
Our Nebraska driver profile might obtain minimum-coverage insurance with Auto-Owners Insurance for as little as $17.58 monthly. Auto-Owners sells insurance via regional agents just like American National does. Optional coverages such as collision, comprehensive, uninsured/underinsured motorist, and medical costs are also offered in addition to the state’s minimum requirement.
#3. Farmers Mutual Insurance of Nebraska
Our Nebraska driver profile might get a basic insurance policy from Farmers Mutual of Nebraska for about $22.33 monthly. Check to see if you are eligible for discounts for bundling policies, being a careful driver, and completing a driver safety course, then choose from extra add-on coverages like medical payments, collision, comprehensive, and uninsured/underinsured motorist coverage.
#4. IMT Insurance Company
Our Nebraska driver profile got a $22.83 monthly policy with IMT Insurance. IMT provides various coverage options via independent agents, including noteworthy extras like optional identity recovery, new-car replacement, lock replacement, pet injury, glass repair, and coverage for theft of clothing, baggage, camping gear, and other sports goods.
#5. North Star
North Star offered basic auto insurance for our Nebraska driver profile for as little as $25 per month. Also, they provides both property damage liability and bodily injury liability. Additionally, the insurance provider provides optional add-ons like medical payments, collision, uninsured motorist, rental reimbursement, safety glass coverage, and others.
Is Car Insurance Cheaper in Nebraska?
The average cost of vehicle insurance in Nebraska is lower than the national average; depending on your city and ZIP code, you may spend more or less than this average.
What Car Insurance is Required in Nebraska?
The bare minimums for car insurance coverage in Nebraska are as follows: Coverage for bodily injury liability is $50,000 per accident and $25,000 per person. Liability insurance for property damage: $25,000. Bodily harm liability for uninsured drivers: $25,000 per person and $50,000 per accident.
Do I Need Car Insurance in Nebraska?
Yes, all drivers in Nebraska must have liability auto insurance with at least 25/50/25 in coverage under the state’s Financial Responsibility Law.
Who Gives the Lowest Car Insurance Rate?
According to Forbes Advisor’s survey, USAA, Auto-Owners, Westfield, Geico and Travelers are the cheapest car insurance carriers nationwide. In certain situations, USAA was the most affordable, but the next-lowest firm is given because USAA is only available to veterans, military members and their families.
At what Age is Car Insurance Cheapest?
While your car insurance prices may decrease at age 25, they will decrease most when you reach 19 and 21 (16% and 17% respectively). Younger drivers are statistically more likely than older drivers to be involved in an accident, so auto insurance is more expensive for those under 25.
Do You Need Proof of Insurance to Register a Car in Nebraska?
Yes, the County Treasurer must receive the following documentation for first-time registration: Insurance is evidence of financial responsibility. The form of the proof must be an original document. Photocopies cannot be used.
Conclusion
To identify Nebraska’s most affordable vehicle insurance providers, the Consumer Affairs Division oversees Nebraska-based insurance providers and brokers. You can submit an online complaint if a problem with a vehicle insurance provider hasn’t been resolved.
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