For Nebraska drivers, one of the things that help determine rate quotes is where you live in Nebraska. Larger areas like Scottsbluff, Gering, and South Sioux City likely pay more, whereas areas that tend to be more rural benefit from lower coverage costs.
The illustration below displays the higher priced cities in Nebraska for homeowners in which to buy car insurance.
Rank | City | Average Per Year |
---|---|---|
1 | Scottsbluff | $1,360 |
2 | Lexington | $1,303 |
3 | Gering | $1,303 |
4 | Alliance | $1,300 |
5 | South Sioux City | $1,290 |
6 | North Platte | $1,288 |
7 | McCook | $1,279 |
8 | Beatrice | $1,272 |
9 | Crete | $1,246 |
10 | Omaha | $1,233 |
11 | Blair | $1,224 |
12 | Kearney | $1,224 |
13 | York | $1,191 |
14 | Bellevue | $1,190 |
15 | Nebraska City | $1,188 |
16 | Seward | $1,179 |
17 | Fremont | $1,177 |
18 | Grand Island | $1,170 |
19 | La Vista | $1,162 |
20 | Hastings | $1,158 |
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Premium costs are estimated as the specific Nebraska residence address can revise rates substantially.
Establishing which companies offer the cheapest car insurance rates for homeowners will require a bit more effort in order to find the lowest price quote. Each auto insurance company uses a different method to determine rates, so we will examine the car insurance companies that tend to have lower prices in Nebraska.
It’s a good idea to be aware that Nebraska car insurance rates are calculated based on many things that can increase your annual premium. Improving your credit rating, having a claim, or getting a DUI can trigger rate changes that can cause some rates to be cheaper than competitors.
Cheap Insurance Rates for Homeowners
Rank | Company | Cost Per Year |
---|---|---|
1 | Safeco | $780 |
2 | The Hartford | $865 |
3 | Allied | $921 |
4 | Auto-Owners | $932 |
5 | Farmers Mutual of Nebraska | $979 |
6 | Nationwide | $997 |
7 | Farm Bureau Mutual | $1,010 |
8 | American National | $1,065 |
9 | State Farm | $1,075 |
10 | General Casualty | $1,092 |
11 | USAA | $1,162 |
12 | American Family | $1,296 |
13 | EMC | $1,300 |
14 | California Casualty | $1,309 |
15 | GEICO | $1,322 |
16 | MetLife | $1,332 |
17 | Iowa Mutual | $1,334 |
18 | Progressive | $1,417 |
19 | Farmers | $1,650 |
20 | North Star | $1,710 |
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Safeco quotes some of the lowest car insurance rates in Nebraska at around $780 each year. The Hartford, Allied, Auto-Owners, and Farmers Mutual of Nebraska also make the cut as some of the most economical Nebraska insurance companies.
In this example, if you buy coverage from Auto-Owners and switched to The Hartford, you could realize an annual premium reduction of in the neighborhood of $67. Customers with Farmers Mutual of Nebraska might save as much as $114 a year, and Nationwide policyholders might see rate reductions of $132 a year.
To get a quick, customized rate comparison, click here to start a quote or visit any of the companies below.
These policy prices are averaged across all ages of drivers and types of vehicles and and are not figured with a price discount for homeowners. So the company that fits your needs best may not even be in the above rate chart. That point stresses why you need to compare as many prices as possible using your own driver information and specific vehicle type.
Finding the cheapest car insurance for homeowners in Nebraska is probably important to the majority of vehicle owners, and one way to find cheaper insurance is to not buy full coverage. The example below visualizes the comparison of insurance prices with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rate quotes are based on no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no discounts are factored in.
google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $500 Deductibles’, ‘Liability Only’],[‘Age 20’, 2405,911],[‘Age 30’, 1269,503],[‘Age 40’, 1243,467],[‘Age 50’, 1135,437],[‘Age 60’, 1099,431],[‘Age 70’, 1349,573]]);var options = {title: ‘Price Comparison of Full Coverage Versus Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Nebraska’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}
If all age groups are averaged, physical damage coverage on your policy costs an additional $1,417 per year more than buying just liability insurance. That brings up the question if you should buy full coverage at all. There is no set guideline for eliminating comp and collision coverage, but there is a general school of thought. If the yearly cost of full coverage is more than about 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.