How Much Is Car Insurance in Nebraska? (November 2024)

Nebraska drivers pay an average of $1,189 per year for full coverage car insurance and $494 for minimum coverage. These costs can change based on age, chosen coverage level, location, driving record and credit history.

Nebraska's average full coverage car insurance is $1,189 yearly or about $99 monthly. Knowing the average cost of car insurance helps you gauge the competitiveness of the quotes you receive. To find out what's affordable, compare car insurance quotes from multiple providers.

Here are Nebraska's typical auto insurance costs, whether you require minimum or full coverage.

Car insurance costs in Nebraska are generally more affordable than the national average. The state average annual premium for full coverage with a $1,000 deductible is $1,189 ($99 per month), while the national average is $1,358 ($113 per month). For minimum coverage, Nebraskans pay about $494 per year ($41 per month), compared to the national average of $628 per year ($52 per month).

Nebraska's lower rates could be due to several factors, including fewer congested roadways, fewer accidents and claims, fewer uninsured drivers and generally safe driving conditions.

Car insurance premiums vary widely among companies, even within a state. In Nebraska, American National P&C offers the cheapest full coverage at $544 annually. Farmers is the most expensive at $1,643.

Shop for the cheapest car insurance in Nebraska. What’s affordable for one driver might not be for another because of different circumstances and coverage needs.

The coverage level you choose affects the cost of car insurance. Minimum coverage averages $41 monthly, while full coverage with a $1,000 deductible is roughly $99 monthly. Although full coverage insurance costs more, it offers better financial protection against various road incidents.

Adding comprehensive and collision coverage to your policy raises your premium, but choosing higher deductibles can help offset this increase. Each type of coverage comes with a deductible amount, giving you some control over your policy costs.

In Nebraska, minimum car insurance requirements include $25,000 for bodily injury per person, $50,000 for bodily injury liability per accident, $25,000 property damage liability per accident, $25,000 uninsured motorist bodily injury per person and $50,000 uninsured motorist bodily injury per accident.

Your location can greatly affect your car insurance premiums. Lincoln's most affordable full coverage option is about $921 a year, while the same coverage in Omaha averages $1,124 a year.

Understanding car insurance rates in Nebraska involves considering factors like accident rates, theft occurrences and road conditions in your city. Weather patterns and local laws can also influence your rates.

Age affects car insurance costs in Nebraska, with younger drivers typically paying more. Young adults aged 22 to 29 face the highest rates, averaging $1,507 yearly for full coverage with a $1,000 deductible.

Drivers aged 30 to 59 see their average annual premiums decrease to $1,189. Those 60 and older benefit from the lowest average yearly premium of $1,119. This trend shows that more experience on the road often leads to lower rates.

In Nebraska, age and gender impact car insurance rates. Male drivers aged 16 typically face the highest rates, with an average annual cost of $2,883 when added to a family policy. Purchasing an individual policy at this age would increase their annual premium to around $5,924. Teen drivers under 18 cannot legally purchase car insurance alone; they need a co-signer.

The average annual cost of full coverage car insurance for a 2012 model is $1,030. The average annual cost for a 2022 model rises to $1,401. This increase happens because newer models have a higher actual cash value, making repairs more expensive. They're also more likely to be targeted for theft, which raises premiums.

Experts recommend that drivers of newer car models consider comprehensive and collision coverages for financial protection against various incidents, such as accidents, theft or natural disasters.

On average, these are the costs for Nebraska drivers with different records:

• With a ticket: $1,514 per year; $126 per month
• With an at-fault accident: $1,833 per year; $153 per month
• With a DUI: $2,325 per year; $194 per month

Driving violations affect your car insurance costs. More serious violations lead to higher premiums. The extra cost stays with you for as long as the violation lasts, which varies by state. In Nebraska, a DUI can remain on your record for up to five years. Other states may have shorter durations.

The table below shows Nebraska's average cost of car insurance for each type of driving violation, sorted by coverage type and age group.

The average car insurance premium in Nebraska varies considerably based on credit scores, ranging from $762 a year for excellent credit to $2,305 for poor credit.

A good credit score is between 670 and 739. A good score ranges from 740 to 799, while an excellent score is between 800 and 850. Scores below 670 are considered fair or poor and usually incur higher insurance costs.

Understanding the various factors influencing car insurance rates in Nebraska is key to finding affordable coverage that meets your needs.

• Age and gender: Younger, less experienced drivers often pay higher premiums than males because they tend to take more risks while driving.
• Driving record: A clean driving record can lower insurance costs, whereas violations such as speeding tickets or accidents typically increase rates.
• Credit score: In Nebraska, insurance companies might use your credit score to determine premiums, with higher scores potentially lowering costs.
• Vehicle type: The car you drive impacts your rate; newer, high-performance vehicles generally cost more to insure than older, safer models.
• Location: Rates can be higher in urban areas with higher theft rates and collisions than in rural zones.
• Coverage level: Choosing higher coverage limits or adding options like collision insurance or comprehensive insurance increases premiums but offers more protection.
• Annual mileage: The more you drive, the higher the chance of filing a claim, which can lead to increased insurance rates.
• Discounts: Insurers in Nebraska may offer discounts for various reasons, including bundling policies, installing safety features or completing defensive driving courses.
• Minimum coverage: Minimum coverage can be the most affordable option but offers limited protection compared to a policy with higher limits.

To secure affordable car insurance in Nebraska, shop around for quotes, opt for a higher deductible and take full advantage of car insurance discounts.

To help you make an informed decision when choosing your coverage, we answer frequently asked questions about the average cost of auto insurance in Nebraska.