The least expensive option in the state is a policy that only has the minimum liability coverage limits based on Nebraska motorcycle insurance laws and requirements. However, the cheapest policy may not be the best option for everyone. That is because it only includes bodily injury and property damage liability insurance. For riders who need more protection, getting comprehensive and collision coverage with higher liability limits is the best choice. The coverage used for this analysis was a good Nebraska rider with 50/100/25 liability-only coverage.
Motorcycle Insurance in Nebraska: The Cheapest Quotes and Best Companies
Updated: November 21, 2024
Advertising & Editorial Disclosure
The Cheapest Motorcycle Insurance in Nebraska
Cheapest Liability-Only Motorcycle Insurance Quotes in Nebraska
The cheapest motorcycle insurance in Nebraska on average for a good rider with liability-only coverage are from:
- GEICO: $99 per year
- Markel: $133 per year
On the other hand, the most expensive insurance company for a liability-only coverage policy in the state is Dairyland. Its average rate for this type of policy is $241 per year, making GEICO 58.8% less.
Company | Annual Premium | |
|---|---|---|
1. | GEICO | $99 |
2. | Markel | $133 |
3. | Nationwide | $140 |
4. | Progressive | $154 |
5. | Harley-Davidson | $234 |
6. | Dairyland | $241 |
Cheapest Full Coverage Motorcycle Insurance Quotes in Nebraska
Choosing a full coverage policy with comprehensive and collision insurance will provide riders with more protection. It will cover damages caused by collisions with another vehicle or other structures. It also covers expenses due to damages or the loss of your bike after a non-collision incident like fire, theft or vandalism. You will likely need full coverage if you are making payments on your bike.
Based on average rates, the cheapest motorcycle insurance carriers for good riders with a full coverage policy that includes 50/100/25 coverage and a $500 deductible are, on average:
- GEICO: $284 per year
- Dairyland: $297 per year
Meanwhile, the most expensive company for full coverage motorcycle insurance in Nebraska is Nationwide. The company’s average rate is $424 per year, which means riders can save as much as 32.9% per year by shopping around.
Company | Annual Premium | |
|---|---|---|
1. | GEICO | $284 |
2. | Dairyland | $297 |
3. | Progressive | $319 |
4. | Harley-Davidson | $344 |
5. | Markel | $394 |
6. | Nationwide | $424 |
What Is the Average Motorcycle Insurance Cost in Nebraska?
There are many factors that impact motorcycle insurance rates in Nebraska, such as coverage amounts, motorcycle model, riding record, age and years of riding experience. MoneyGeek collected average premiums for different rider profiles from insurance providers offering coverage in Nebraska.
The average cost of a full coverage policy in the state is $344 per year or approximately $29 monthly. That means Nebraska riders typically pay $20 or 5% less than the national annual average of $364.
A liability-only coverage in the state costs $167 per year on average or around $14 monthly. In comparison, Nebraska riders pay $25 more than the $141 national average. This type of motorcycle insurance policy does not cover your motorcycle or injuries if you caused the accident.
The sample policy coverage used to determine Nebraska averages were $50,000/$100,000 bodily injury coverage with $25,000 property damage, a $500 deductible for full coverage policies and uninsured and underinsured motorist minimum coverage.
Type | Cost | National Average | Delta vs National Average |
|---|---|---|---|
Full Coverage | 344 | 364 | -20 |
Liability | 167 | 141 | 25 |
The Best Motorcycle Insurance Companies in Nebraska
Cost is important, but it’s not the only factor to consider when choosing an insurance company. In rating insurance carriers in Nebraska, MoneyGeek used a unique scoring system that evaluates products and services, affordability and financial stability. To learn more about the calculation, please review our methodology section. Based on the final scores, the best motorcycle insurance company in Nebraska is GEICO.
Based on MoneyGeek’s study, the best motorcycle insurance carriers in Nebraska are:
1
Progressive
Score:97
Pros
- Mobile app available
- Free online quotes
- Wide range of extra coverage options
Cons
- Offerings vary by state
- Discounts may not be available in all states
- Large Accident Forgiveness has strict eligibility requirements
More About Progressive
Progressive received a MoneyGeek score of 89.36 out of 100. Its liability-only policy in Nebraska costs an average of $154 per year, while a full-coverage policy averages $319 annually.
The company offers a wide range of coverage options for various types of motorcycles. You can customize the features of the policy to fit your needs. Progressive also has many discounts. Responsible drivers who remain accident-free for three years can get a discount. Paying on time automatically makes you eligible for a discount on every renewal. Policyholders get automatic coverage for custom parts and original equipment manufacturer (OEM) parts. The insurer also offers two types of accident forgiveness. If your claim costs less than $500, you will not experience a premium hike. There is even a Large Accident Forgiveness feature that covers the first accident of the year for eligible members. Riders who want extra coverage can get a disappearing deductible, which takes 25% off the deductible for every claim-free policy term.
2
Dairyland
Score:91
Pros
- Mobile app and online quoting tool
- Flexible payment options
- Wide range of coverage options
Cons
- Not available in all states
- More expensive than other insurers in the state
- Fewer discounts than other companies
More About Dairyland
Dairyland has a MoneyGeek score of 83.94 out of 100. Its liability-only motorcycle insurance in Nebraska costs an average of $241 per year. Meanwhile, the company’s full coverage policy has an average rate of $297 annually.
Dairyland offers different motorcycle insurance coverage for different types of bikes. The company also offers extra coverage options like trip interruption, which will cover incidents even when you are far from home. If your motorcycle gets damaged due to an accident while you are more than 100 miles away from home, this coverage will pay for certain expenses like food, lodging, lost deposits, transportation and towing. The company even offers emergency roadside assistance coverage that includes emergency roadside service for flat tires, bad battery, mechanical breakdown and electrical breakdown. If repairs are necessary, this coverage will take care of the tow service to the nearest qualified facility. Dairyland’s roadside services are available 24/7.
3
GEICO
Score:84
How to Get a Motorcycle Insurance Quote in Nebraska
Insurance carriers consider various factors when calculating motorcycle insurance quotes in Nebraska. Shopping around will help you find the best accurate policy for your needs. Most insurers in the state offer online quoting tools. To get a personalized quote, you will need the following information:
- Personal information, including your birthdate and riding record
- Vehicle year, make and model
- Nebraska address where the bike will be located
- Insurance coverage elections (for more information on this, see below)
How Much Motorcycle Insurance Coverage Do You Need in Nebraska?
Nebraska motorcycle insurance laws and requirements state that all bikers should have at least a minimum liability-only coverage policy with:
- $25,000 per person bodily injury liability
- $50,000 per accident bodily injury liability
- $25,000 property damage liability
- Uninsured motorist coverage
- Underinsured motorist coverage
How Much Insurance Coverage Is Required in Nebraska?
All motor vehicles in Nebraska should have at least a 25/50/25 liability-only coverage. These refer to at $25,000 for bodily injury per person, with a total of $50,000 per accident and $25,000 for property damage liability coverage. These will be the limits for the amount your insurer will pay in an at-fault accident.
Do You Need Uninsured Motorist, Underinsured Motorist or PIP Coverage in Nebraska?
Nebraska riders are also required to have uninsured motorist coverage with liability limits of at least $25,000 per person and a total of $50,000 per accident.
MONEYGEEK EXPERT TIP
For most riders in Nebraska, MoneyGeek recommends a full coverage policy of at least 50/100/25 and preferably 100/300/100 because of the small incremental cost for a large increase in coverage. Nebraska requires uninsured motorist coverage. To ensure enough protection, MoneyGeek recommends you match this coverage with the policy coverage stated above.
Frequently Asked Questions About Motorcycle Insurance in Nebraska
Various factors affect motorcycle insurance quotes in Nebraska. Here are some of the most frequently asked questions about motorcycle insurance in the state.
Which company has the cheapest car insurance in Nebraska?
For liability-only motorcycle insurance, the cheapest company in Nebraska is GEICO. It has an average rate of $99 per year. GEICO has an average rate of $284 per year for a full coverage policy, making it the most affordable option for this coverage level.
How much does motorcycle insurance cost for most riders in Nebraska?
On average, motorcycle insurance in Nebraska costs $167 per year or $14 per month for most riders for liability-only coverage. For riders who want full coverage, the average annual cost is $344.
Which company is the best motorcycle insurance provider in Nebraska?
MoneyGeek rated motorcycle insurance carriers in Nebraska and found that the best provider is GEICO.
Do you need motorcycle insurance in Nebraska?
Yes, all riders in Nebraska need to have motorcycle insurance. The state requires proof of insurance prior to registering a motorcycle.
Methodology
MoneyGeek collected motorcycle insurance quotes directly from insurance providers based on varying coverage amounts and driver profiles to help our users determine which is the least expensive provider in Nebraska. The best motorcycle insurance companies in Nebraska were determined using three factors, including policy cost in Nebraska (60% weighting), product offerings and service (30% weighting) and financial stability metrics from AM Best (10% weighting). The most recent license laws and insurance coverage requirements in Nebraska were gathered from the state Department of Motor Vehicles and Nebraska Legislature to ensure accurate and up-to-date information.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
sources
- Florida Highway Safety and Motor Vehicles. "Florida Insurance Requirements." Accessed May 13, 2021.
- Harley-Davidson Insurance. "The Right Motorcycle Insurance Coverage For You." Accessed May 13, 2021.
- Insurance Information Institute. "2020 Insurance Fact Book." Accessed May 12, 2021.
- J.D. Power. "2020 U.S. Auto Claims Satisfaction Study." Accessed May 12, 2021.
- Markel Insurance. "Motorcycle Insurance." Accessed May 12, 2021.
- Progressive. "Motorcycle Insurance." Accessed May 12, 2021.