What Auto Insurance is Cheapest in Lincoln, Nebraska?

One of the many things that are looked at to determine the amount you pay each year for auto insurance is the neighborhood you call home. Areas with more people or higher crime rates likely pay more, whereas areas with lower vehicle theft rates and fewer weather claims tend to receive slightly lower rates.

The information below rates the most expensive cities in Nebraska to purchase car insurance in. Lincoln is ranked at #24 with an annual premium of $1,095 on average, which is approximately $91 each month.

How much does auto insurance cost in Lincoln?
Rank City Annual Rate
1 Gering $1,343
2 Scottsbluff $1,320
3 Lexington $1,316
4 North Platte $1,301
5 Alliance $1,300
6 McCook $1,279
7 Beatrice $1,272
8 South Sioux City $1,251
9 Seward $1,227
10 Nebraska City $1,224
11 Kearney $1,224
12 Omaha $1,220
13 Crete $1,210
14 Blair $1,200
15 Hastings $1,193
16 York $1,180
17 Bellevue $1,179
18 Fremont $1,166
19 La Vista $1,162
20 Papillion $1,140
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Prices are approximated as zip code location can revise premium rates noticeably.

Considering where Lincoln ranks compared to other Nebraska cities, finding dependable, low-priced insurance is tough enough, and determining which company offers the lowest-priced auto insurance rates in Lincoln requires even more shopping around.

Every insurance company uses their own calculation to establish rates, so let’s rank the most affordable auto insurance companies in Lincoln, NE.

Cheap Insurance Rates in Lincoln

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Cheapest Nebraska car insurance ranked by price
Rank Company Cost Per Year
1 Safeco $788
2 The Hartford $847
3 Allied $911
4 Auto-Owners $932
5 Farmers Mutual of Nebraska $1,009
6 Farm Bureau Mutual $1,010
7 Nationwide $1,027
8 State Farm $1,065
9 General Casualty $1,092
10 American National $1,098
11 USAA $1,162
12 MetLife $1,280
13 American Family $1,284
14 California Casualty $1,309
15 EMC $1,314
16 Iowa Mutual $1,334
17 GEICO $1,362
18 Progressive $1,460
19 Farmers $1,602
20 North Star $1,710
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Safeco has some of the most affordable car insurance rates in Lincoln at around $788 a year. This is $528 less than the average rate paid by Nebraska drivers of $1,316. The Hartford, Allied, Auto-Owners, and Farmers Mutual of Nebraska also qualify as some of the lowest-priced Lincoln, NE car insurance companies.

As illustrated above, if you are insured with The Hartford and switched to Safeco, you could earn a yearly price reduction of upwards of $59. Insureds with Allied may save as much as $123 a year, and Auto-Owners customers might reduce rates by $144 a year.

Understand that those policy prices are averages for all types of insureds and vehicles and and are not figured with an exact zip code location in Lincoln. So the car insurance company that fits your age and vehicle best may not even be in the top 24 companies in the list above. That point stresses why you need to get car insurance quotes using your own specific driver information and vehicle.

The benefit of shopping around

Nebraska auto insurance rates are based on many factors that control the price of coverage. Simply turning a year older, buying higher coverage limits, or having an accident may generate price changes that can make some companies more affordable than before. Not only may your risk profile change, but auto insurance companies file new Nebraska car insurance rates every year or even multiple times each year in order to protect their financial rating. Significantly higher claims may cause additional price hikes, while long-term profits may produce cheaper Lincoln car insurance rates.

To illustrate this point, the data below shows a variety of companies that have the cheapest car insurance in Lincoln, NE for a 35-year-old male driver with no prior accidents, a clean driving record, and a good credit history. If we compare prices based on his personal profile, Safeco might offer the best car insurance rates in Lincoln at $812 each year. This is $504 less than the average policy premium paid by Nebraska drivers of $1,316. The Hartford, Auto-Owners, Allied, and Farmers Mutual of Nebraska are also included in the best Lincoln, NE auto insurance companies.

In this example, we will give the driver from the first example an accident claim, a little lower credit rating, and a traffic ticket or two. Because each company has a different formula for setting prices, comparing rates may now show a different ranking of companies as shown below.

Farm Bureau Mutual now has the cheapest rate in Lincoln with State Farm, General Casualty, American National, and USAA now being in the top five. This illustrates why drivers need to compare lots of rates to find the most budget-friendly insurance rates in Lincoln. Car insurance prices can be altered by many factors and change dramatically, so the cheapest rate six months ago may now not even be in the top five.

The type of vehicle on the policy is one of the main factors when quoting economical insurance in Lincoln. Vehicles with average performance, advanced safety features, or a track record of few liability claims will cost significantly less to insure than adrenaline junky models.

The list below outlines auto insurance prices for a number of the most affordable automobiles to insure in Nebraska.

Cheapest Vehicles to Insure in Lincoln, NE
Make and Model Estimated Cost for Full Coverage
Honda CR-V LX 4WD $860
Toyota Prius $872
Ford Explorer XLT 2WD $884
Ford Escape Limited 2WD $912
Chevrolet Impala LS $916
Toyota RAV4 4WD $934
Toyota Camry LE $942
Hyundai Elantra SE Touring Station Wagon $936
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $950
Jeep Wrangler Unlimited Sahara 2WD 4-Dr $962
Ford F-150 XLT Regular Cab 2WD $978
Chevrolet Silverado LT Regular Cab $1,000
Volkswagen Jetta 2.0T 4-Dr Sedan $1,005
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Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Table data does not factor in zip code location which can lower or raise prices significantly.

Looking at the data, you can see that vehicles like the Honda CR-V, Toyota Prius, Ford Explorer, and Ford Escape are most likely to be some of the less-costly vehicles to insure for drivers in Lincoln.

Violations and accidents raise rates

One of the best ways to find the best car insurance prices in Lincoln for drivers in Lincoln is to be a cautious driver and maintain a clean driving record. The information below illustrates how violations and fender-benders drive up annual premium costs for each age group. The prices are based on a single female driver, comp and collision included, $100 deductibles, and no discounts are applied to the premium.

The data in the chart shows the average cost of auto insurance in Nebraska per year with a clean driving record and no accidents is $2,182. Factor in one speeding ticket and the average cost swells to $2,473, an increase of $291 each year. Then add in two accidents along with the one speeding ticket and the yearly cost of car insurance in Lincoln jumps again to an average of $4,938. That’s an increase of $2,756, or $230 per month, just for being a little careless behind the wheel!

The agents shown below can provide answers to your questions and help you determine which coverages are best, as lots of drivers aren’t clear which coverage they need and would like to have the advice of a professional agent when buying car insurance for drivers in Lincoln. It can be time-consuming to find the best policy yourself, so a licensed agent can bring comfort knowing your coverage gives you decent coverage if you have a claim. To locate a Lincoln auto insurance agent by location nearest to you, click the button after the list or click here to compare price quotes.

Paul Johnson – State Farm Insurance Agent
5533 S 27th St #204Lincoln, NE 68512(402) 420-2288

American Family Insurance – James L. Brown Agency Inc
4500 Cornhusker Hwy Ste 1Lincoln, NE 68504(402) 465-0748

Cornhusker Insurance Agency
6100 Apples Way #110Lincoln, NE 68516(402) 436-2423

View more Lincoln, NE insurance agencies

Ideas for buying more affordable car insurance in Lincoln

It’s not impossible to find cheaper rates, and here are a few penny-pinching suggestions that can help you quote cheaper auto insurance.

That final tip is highly valuable, as we discussed in the prior article. Coverage prices in Lincoln can be changed at any time, so don’t be tentative to change insurance companies if a more affordable price is available. Having a favorite company is great, but it’s not a great idea if that faithfulness ends up costing you money that could be going to better use. Now is a great time to compare rates and find cheaper auto insurance in Lincoln.