How Much is Car Insurance for a 20 Year Old Female in Lincoln?

One of the many things that are looked at to determine the annual cost of car insurance is the neighborhood you call home. More populated areas will most likely pay more, whereas areas with less people or fewer weather incidents profit from lower rates.

The information below ranks the highest-priced places in Nebraska for 20 year old women to purchase a policy in. Lincoln shows up at #24 with the annual price of $1,062 for the average policyholder, which is around $89 monthly.

How much is car insurance in Lincoln?
Rank City Average Per Year
1 Scottsbluff $1,374
2 Alliance $1,340
3 Gering $1,303
4 South Sioux City $1,290
5 McCook $1,279
6 Lexington $1,277
7 Beatrice $1,272
8 Omaha $1,270
9 North Platte $1,250
10 Crete $1,246
11 Kearney $1,236
12 Seward $1,227
13 Bellevue $1,190
14 Blair $1,188
15 York $1,180
16 Nebraska City $1,176
17 Grand Island $1,170
18 Fremont $1,166
19 Hastings $1,158
20 Columbus $1,150
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Information shown are comparative as the specific geographic location can impact insurance rates noticeably.

The car, truck, or SUV driven is one of the largest factors that determines whether or not you can buy the cheapest auto insurance for 20 year old women. Vehicles with lots of horsepower, poor passenger safety features, or a high likelihood of having liability claims will cost more to insure than more economical and safe models. The table below outlines insurance costs for a number of the most affordable automobiles to buy insurance for.

Cheapest Vehicles to Insure in Lincoln, NE
Make, Model, and Trim Level Estimated Cost for Full Coverage
Ford Escape XLS 4WD $1,712
Honda CR-V EX 4WD $1,738
Toyota Prius $1,870
Jeep Wrangler Sahara 4WD 2-Dr $1,916
Dodge Grand Caravan SE $1,925
Ford Explorer XLT AWD $1,916
Ford F-150 XL Crew Cab 4WD $1,940
Ford Focus SE 4-Dr Sedan $1,998
Toyota Tacoma 2WD $2,007
Honda Odyssey EX $1,998
Nissan Altima 2.5 4-Dr Sedan $2,024
Chevrolet Silverado LS Extended Cab 4WD $2,034
Toyota RAV4 Sport 2WD $2,024
Chevrolet Equinox LT AWD $2,032
Chevrolet Malibu LT $2,048
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Data assumes single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include safe-driver, and claim-free. Table data does not factor in garaging location in Lincoln, NE which can affect auto insurance rates considerably.

Based upon the rates shown, you can infer that makes and models like the Ford Escape, Honda CR-V, Toyota Prius, and Jeep Wrangler are going to be a few of the cheapest vehicles to insure for young women. Prices will be higher anyway just because there is more risk for 20 year old women, but overall those makes and models will probably have the cheapest rates available.

Finding good, low-cost car insurance is challenging, and determining which insurers offer the most affordable auto insurance rates for 20 year old women takes even more shopping around. Each insurance company has a unique approach for establishing rates, so let’s take a look at the auto insurance companies that tend to have lower prices in Nebraska.

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Cheapest Nebraska auto insurance companies
Rank Company Cost Per Year
1 Safeco $788
2 The Hartford $839
3 Auto-Owners $896
4 Allied $949
5 Farmers Mutual of Nebraska $989
6 Farm Bureau Mutual $1,020
7 Nationwide $1,037
8 American National $1,054
9 State Farm $1,065
10 General Casualty $1,081
11 USAA $1,150
12 MetLife $1,280
13 American Family $1,284
14 California Casualty $1,296
15 GEICO $1,322
16 EMC $1,340
17 Iowa Mutual $1,347
18 Progressive $1,417
19 Farmers $1,650
20 North Star $1,693
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Safeco normally has some of the most affordable car insurance rates in Lincoln at around $788 per year. This is $528 less than the average premium paid by Nebraska drivers of $1,316. The Hartford, Auto-Owners, Allied, and Farmers Mutual of Nebraska are also some of the more affordable Lincoln, NE auto insurance companies.

As the rates illustrate above, if you currently have coverage with Farmers Mutual of Nebraska and switched to The Hartford, you could earn annual savings of upwards of $150. Nebraska drivers with Farm Bureau Mutual might save as much as $181 a year, and Nationwide policyholders might lower prices by $198 a year.

Understand that those estimates are averaged across all types of drivers and the different vehicles they drive and are not factoring in an exact vehicle garaging location for 20 year old women. So the car insurance company that has the lowest price for you may not even be in the list above. That affirms the importance of why you need to compare as many prices as possible using your own driver and vehicle profiles.

Careless driving habits raise Lincoln auto insurance rates

The ideal way to find low auto insurance prices in Nebraska for young women is to be an attentive driver and avoid accidents and traffic violations. The information below shows how traffic citations and accident claims influence insurance prices for different age categories. Data assumes a single female driver, full coverage, $500 deductibles, and no other discounts are factored in.

In the prior example, the average cost of an auto insurance policy per year with no accidents or violations is $1,474. Get one speeding ticket and the average cost surges to $1,670, an increase of $196 each year. Then add two accidents along with the one speeding ticket and the yearly cost of auto insurance for 20 year old women goes up to an average of $3,377. That’s an increase of $1,904, or $159 per month, just for a couple of infractions!

The illustration below highlights how deductible selection can influence premium costs when searching for cheap insurance for 20 year old women. The rate quotes are based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.

In the chart above, a 50-year-old driver could lower their car insurance rates by $282 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $424 by choosing a $1,000 deductible. Younger drivers, such as the 20-year-old example, could shave $950 or more by choosing a larger deductible amount.

When insureds make the decision to increase the deductibles on their policy, it is necessary to have plenty of money set aside to allow you to cover the extra out-of-pocket expense, which deters some people from using high deductibles.

Your cheap policy may actually be overpriced

Lincoln, NE auto insurance rates are influenced by many factors that control the cost of your policy. Getting older, buying a home, or getting a few speeding tickets can produce rate changes resulting in some rates now being cheaper than before. Additionally, insurance companies modify rates as often as every quarter to reflect underwriting profits or losses. Larger than normal claims may result in a rate increase, while less frequent claims may cause lower-priced Lincoln car insurance rates.

To illustrate this example, the data below demonstrates which company has the cheapest car insurance in Lincoln, NE for a 35-year-old female driver with a clean driving record, no accidents, and good financial standing. If we estimate prices based on her current rating profile, Safeco offers the most affordable car insurance rates in Lincoln at $812 annually. This is $504 less than the average policy premium paid by Nebraska drivers of $1,316. The Hartford, Auto-Owners, Allied, and Farm Bureau Mutual are the rest of the most affordable Lincoln, NE auto insurance companies.

The chart below compares rates after we give the driver from the first example a chargeable accident, bad credit, and a stop sign violation. Since each auto insurance company uses their own formula to set their prices, analyzing rate quotes could result in a completely different list of the cheapest Lincoln car insurance companies as shown below.

Nationwide now has the lowest car insurance rate in Lincoln, NE with State Farm, American National, General Casualty, and USAA also being competitive. This example proves why consumers need to take the time to shop around with many companies when trying to get the most economical auto insurance quotes for 20 year old women.

Prices are made up of many factors and can increase or decrease at any time, so the lowest-price company a year ago may now be quite expensive.

If you would rather get some guidance when shopping for the best coverage for young women, the insurance agencies listed below can answer your questions and help you decide which auto insurance policy would work best for you. To find a Lincoln insurance agency near you, click the button at the bottom of the list.

Mid Mex Insurance Inc
1010 South St ALincoln, NE 68502(402) 438-6800

American Family Insurance – Douglas Kruce
5730 R St Ste DLincoln, NE 68505(402) 423-1224

Rick Self – State Farm Insurance Agent
6030 Village Dr #101Lincoln, NE 68516(402) 434-2800

Brokers Insurance
3325 A StLincoln, NE 68510(402) 434-0480

More insurance agents in Lincoln, NE