One of the many criteria that are looked at to help calculate the price you pay for insurance is where you live. Larger areas will most likely have higher rates, whereas areas with less congestion tend to receive slightly lower rates.
The table below shows the highest-priced areas in Nebraska for drivers with accidents to purchase auto insurance in. Lincoln comes in at #24 with an annual cost of $1,062 for car insurance, which is around $89 each month.
|5||South Sioux City||$1,290|
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Premium costs are comparative as the vehicle garaging location can impact rates substantially.
The make and model of vehicle requiring coverage is probably the biggest factor that determines whether or not you find cheap auto insurance for drivers with accidents. Vehicles with high performance engines, poor safety features, or a track record of large liability claims will cost significantly more to insure than more modest models. The next list outlines auto insurance rates for the most budget-friendly vehicles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$1,880|
|Honda Accord LX-P 4-Dr Sedan||$1,888|
|Ford Escape XLS 4WD||$1,994|
|Ford F-150 XL Super Cab 4WD||$2,110|
|GMC Sierra SLE Regular Cab 2WD||$2,226|
|Chevrolet Malibu LS||$2,231|
|Ford Fusion S 4-Dr Sedan||$2,328|
|Toyota RAV4 4WD||$2,336|
|Toyota Camry LE||$2,328|
|Toyota Tacoma 2WD||$2,330|
|Ford Edge SEL 2WD||$2,337|
|Chevrolet Impala LTZ||$2,342|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$2,354|
|Ford Explorer Limited 4WD||$2,360|
|Dodge Grand Caravan Crew||$2,354|
|Chevrolet Equinox LT 2WD||$2,360|
|Chevrolet Silverado LT Extended Cab 2WD||$2,406|
|Honda Civic LX 4-Dr Sedan||$2,446|
|Hyundai Elantra Blue 4-Dr Sedan||$2,451|
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Data assumes single male driver age 50, no speeding tickets, two at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-policy, homeowner, and multi-vehicle. Rate information does not factor in your specific Lincoln, NE location which can change coverage rates noticeably.
Based upon these rates, cars like the Honda CR-V, Honda Accord, Ford Escape, and Ford F-150 are most likely going to be some of the most budget-friendly vehicles to insure for drivers with at-fault accidents. The price for car insurance will tend to be more expensive anyway because of the fact that there is more claim risk for drivers with accidents, but generally speaking those vehicles will most likely have the cheapest car insurance rates that you’ll find.
Deciphering which insurers offer the cheapest car insurance rates for drivers with accidents will take a bit more effort in order to find the best price.
Each auto insurance company has their own formula to set premium rates, so we need to take a look at the car insurance companies with the most affordable rates in Lincoln. We do need to point out that Lincoln, NE car insurance rates are calculated based on many things which can significantly increase or decrease the price you pay. Simply turning a year older, having a claim, or getting a couple of tickets may generate price changes resulting in some companies being cheaper than competitors.
Best Cheap Insurance Rates for Accident Prone Drivers
|Rank||Company||Cost Per Year|
|5||Farm Bureau Mutual||$990|
|7||Farmers Mutual of Nebraska||$1,009|
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Safeco offers some of the cheapest car insurance rates in Lincoln at around $780 annually. The Hartford, Allied, Auto-Owners, and Farm Bureau Mutual would also make the list of some of the lowest-priced Lincoln, NE insurance companies.
As the rates illustrate above, if you have coverage with Allied and switched to Safeco, you could see an annual premium reduction of about $131. Nebraska drivers with Auto-Owners could save as much as $143 a year, and Farm Bureau Mutual customers might reduce rates by $210 a year.
To find the cheapest coverage for you, click here to start your custom quote or quote prices from the following companies.
Bear in mind that those premium estimates are averages for all types of insureds and vehicles and do not factor in a vehicle location for drivers with accidents. So the company that is most affordable for your situation may not even be in the top 24 companies in the list above. That illustrates why you need to quote rates from many companies using your own individual information.
Does it make sense to buy full coverage?
Finding the cheapest car insurance is the goal of the majority of people, and one great way to find cheap insurance for drivers with accidents is to buy only liability coverage. The example below illustrates the difference between insurance costs with and without full coverage. The rates are based on a clean driving record, no at-fault accidents, $500 deductibles, single marital status, and no other discounts are factored in.
If averaged out across all ages, comp and collision coverage costs $1,417 per year over and above liability coverage. That may make you wonder when is it safe to stop buying full coverage. There isn’t a written rule for phasing out physical damage coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your vehicle’s book value is $5,500 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,500 after you pay the deductible. If you are paying in excess of $450 annually for your policy with full coverage, then you might want to think about dropping full coverage.
Best car insurance in Lincoln
Picking the highest-rated car insurance provider can be a challenge considering how many choices drivers have in Nebraska. The company ratings shown below could help you choose which coverage providers you want to consider to insure your vehicles. The ratings below include insurance companies that insure vehicles in the majority of U.S. states, so smaller companies will not be included in the list.
Top 10 Major Car Insurance Companies Overall in Lincoln
- 21st Century
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- American Family
Top 10 Major Car Insurance Companies in Lincoln Ranked by Customer Service
- State Farm
- Safeco Insurance
- American Family
- Liberty Mutual
- The Hartford
- Farmers Insurance
The information below highlights how deductible selection can influence insurance costs when researching cheap insurance for drivers with accidents. The data is based on a single male driver, full physical damage coverage, and no discounts are applied.
A 40-year-old driver could reduce rates by $244 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $370 by using a $1,000 deductible. Even younger drivers, like the 20-year-old example, could roll back prices as much as $808 annually by choosing a higher deductible.
If you do decide to increase your deductibles, it is essential to have enough in a savings account to be able to pay the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
Tips to find the cheapest insurance for drivers with accidents
The list below shows some of the recommended thrifty solutions that can help you buy cheaper car insurance.
- Try to not file small claims
- Save money by bundling your home and auto policies
- Improve your credit rating
- Be a cautious driver
- Drive attentively and avoid accidents
- Increase the comprehensive and collision deductibles on your policy
- Shop around once a year for cheaper rates
The last tip in the list is highly valuable, as we noted in the prior article. Car insurance prices vary considerably, so drivers shouldn’t hesitate to change to a new company if a better rate can be found.
Many drivers have brand loyalty and that’s fine, but it’s not a great idea if that loyalty ends up costing potentially thousands of dollars a year. Take a few minutes and compare rates to find cheaper auto insurance for drivers with accidents in Lincoln.
The Lincoln car insurance agencies listed below can answer your questions and help you decide which coverages and limits you need, as some people prefer to get some professional input when comparing insurance rates for drivers with at-fault accidents. It can be challenging to find the best coverage on your own, so a licensed agent can provide peace of mind knowing you have suitable coverage if you have an accident. To find an auto insurance agency closest to you, click the button below the list or click here to compare price quotes.
American Family Insurance – Linde Matthiesen
245 S 84th St #117 – Lincoln, NE 68510 – (402) 489-7799
American Family Insurance – Tim Stewart Agency Inc.
5625 O St Ste 105 – Lincoln, NE 68510 – (402) 489-6211
Karen Williams – State Farm Insurance Agent
233 N 48th St o – Lincoln, NE 68504 – (402) 434-6050
American Family Insurance – James L. Brown Agency Inc
4500 Cornhusker Hwy Ste 1 – Lincoln, NE 68504 – (402) 465-0748
Solomon Halim – State Farm Insurance Agent
4007 S 48th St – Lincoln, NE 68506 – (402) 486-3839