Nebraska Car Insurance Coverage

Nebraska has one of the highest auto ownership in the country per capita. There are cars on the roads as much as the population of the state and more. The state has one of the lowest Uninsured Drivers counts (5%) in the country. This would naturally help car insurance rates which appear to be fairly reasonable compared to rest of the nation. The Cornhusker State is one the cheapest states to live in America and Nebraskans are fairly well off in comparison to the rest of the country.

All these figures appear to be in favor of motorists in this state. Almost everyone owns a car, the risk of getting hit by an uninsured driver is very low and cheap car insurance in Nebraska makes it one of the ideal places to own a car. Also, the state is fairly flat to drive across.

Nebraska Auto Insurance Requirements

Nebraska Car Insurance CoverageHere are the minimum liability car insurance requirements in NE;

  • $25,000 for bodily injury or death per person.
  • $50,000 total for bodily injury or death per accident.
  • $25,000 for property damage.

For further information visit official Nebraska Department of Motor Vehicles website. You can use this website for most things related to your automobile like registration, penalties for breaking traffic laws and driving licenses.

Remember that minimum mandatory coverage can allow you drive automobiles legally but don’t mean you should not buy any more coverage. You should start with increasing the minimum liability coverage to a decent level to protect yourself against possible third party claims and law suites. Also, you should buy collision and comprehensive coverage for your automobile. Don’t forget uninsured motorist coverage too even though the risks are relatively lower in your state.

When you live in an area with low living costs and you can reduce some of the large and recurring expenses like premium payments you may enjoy your wages more. You deserve to enjoy your hard-earned money and you can stretch it even further if you spend it wisely. In some parts of the world it is customary to bargain before you buy anything. However, most Americans are quick to settle without even checking if there are better prices somewhere else. You may not like bargaining but you can check other providers if they are selling the same item at a lower price.

These principles apply to vehicle insurance well. There are so many insurers that rushing and buying from the first company you got a quote doesn’t even make sense. You need to get a few quotes before you contemplate about any choice you will make. There is hardly any reason for paying high premiums in Nebraska apart from some weather damages. Risks are pretty low and you should enjoy lower rates.

When you are a good driver you can pick and choose among policies and insurers. Otherwise, some companies may start giving you higher quotes that reduces your options. In any case, you will find an insurer which is happy to insure you at an affordable premium. However, you have no chance of finding the best insurer for your requirements if you don’t look for it. You should make it a habit to look for better coverage and better rates at each renewal. This way, you will always get the latest additions to your coverage and take advantage of special rates. You are giving up on finding the best deals and accepting what your insurer offers you when you renew your policy automatically year after year.

How Much Does Auto Insurance Cost in Nebraska?

The Cornhusker State with its great plains covers a wast mass of land with well scattered population. There is only one metro area which is Omaha Metropolitan with its 430,000 residents and the only other big city is Lincoln with 270,000 residents. Generally these demographics are perfect for cheap auto insurance rates because of the low risks of accidents and vehicular crimes and NE is no different.

Average cost of car insurance is $639 in Nebraska and it is over $200 cheaper than the US average. This makes NE one of the cheapest states to insure a vehicle. Nebraskan drivers can get inexpensive full coverage auto insurance quotes as the estimated premium average is $1,188. It is $137 lower than the average full coverage estimate for the US. This is a pretty good news if you are a Nebraskan driver.

Most Affordable Car Insurance Companies in Nebraska

There are a few good insurers in NE and below cheapest auto insurance companies are large national companies. Also, there are great local insurers like Farmers Mutual of Nebraska which is one of the most competitive insurers in the state too.

  1. Farm Bureau Mutual, $604
  2. State Farm, $740
  3. GEICO, $760

Cheap Car Insurance Omaha NE

The Omaha-Council Bluffs metropolitan area is nearing to 1 million population. Omaha alone has 435,000 residents and the largest city in NE.  Surprisingly, Farm Bureau Mutual, State Farm and Nationwide are the most economical insurers in Omaha, and GEICO, owned by one of its favorite sons Warren Buffett, doesn’t make the top 3. GEICO is usually one of the cheapest in many states but not in Warren Buffett’ hometown for now. Another surprise is that average Omaha auto insurance cost is lower than the state average. This is probably a good example of how premiums can be brought down by high competition in the insurance market. In general, metro areas are much more expensive in comparison with state averages because of traffic congestions, higher auto theft and vandalism.

Cheap Car Insurance Lincoln NE

Lincoln is the capital and second largest city in NE. Another surprise in Nebraska car insurance rates is that Lincoln has the cheapest auto insurance in the state. Drivers in the Star City pay about on average 10% less than the state premium average for liability auto insurance.

Actually, there aren’t huge price variations among the cities of NE since vehicle insurance costs in most cities are around the state average. The average premium difference between the cheapest city of Lincoln and most expensive city of South Sioux City is $200. So, the premium costs are completely opposite to what it would be in another state because one of the largest cities in NE has the cheapest auto insurance cost and one of the smallest cities has the most expensive.

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