Finding good, low-cost insurance is difficult, and deciding which companies offer the best car insurance rates for low income drivers may require additional perseverance. Each auto insurer uses their own calculation to set premium rates, so we’ll go over the car insurance companies with the most affordable rates in Lincoln, NE.
Compare Cheap Insurance Quotes in Nebraska
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Safeco | $780 |
| 2 | The Hartford | $865 |
| 3 | Allied | $921 |
| 4 | Auto-Owners | $923 |
| 5 | Farm Bureau Mutual | $980 |
| 6 | Farmers Mutual of Nebraska | $1,009 |
| 7 | Nationwide | $1,037 |
| 8 | American National | $1,054 |
| 9 | State Farm | $1,065 |
| 10 | General Casualty | $1,092 |
| 11 | USAA | $1,162 |
| 12 | American Family | $1,246 |
| 13 | California Casualty | $1,270 |
| 14 | MetLife | $1,280 |
| 15 | Iowa Mutual | $1,334 |
| 16 | EMC | $1,354 |
| 17 | GEICO | $1,362 |
| 18 | Progressive | $1,402 |
| 19 | Farmers | $1,586 |
| 20 | North Star | $1,659 |
| View More Rates Go | ||
Safeco may offer some of the cheapest car insurance rates in Lincoln at around $780 annually. This is $536 less than the average price paid by Nebraska drivers of $1,316. The Hartford, Allied, Auto-Owners, and Farm Bureau Mutual also qualify as some of the most economical Lincoln, NE auto insurance companies.
As shown in the table above, if you are insured with Auto-Owners and switched to Safeco, you might realize annual savings of in the vicinity of $143. Nebraska drivers with Farm Bureau Mutual could save as much as $200 a year, and Farmers Mutual of Nebraska policyholders might lower prices by $229 a year.
It’s important to note that these rates are averaged across all ages of drivers and types of vehicles and and are not figured with an exact vehicle garaging location for low income drivers. So the car insurance company that has the cheapest rates for you may not even be in the top 24 companies in the list above. That affirms the importance of why you need to quote rates from many companies using your own personalized driver profile and vehicle information.
The make and model of vehicle driven is one of the main factors that determines whether or not you can buy the best coverage for low income drivers. Vehicles with high performance engines, poor crash test ratings, or a history of substantial liability claims will cost more to insure than safer, lower-performance models. The next table showcases car insurance rates for a handful of the cheapest vehicles to insure in Nebraska.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $860 |
| Honda Accord LX-P 4-Dr Sedan | $870 |
| Dodge Grand Caravan CV | $884 |
| Honda CR-V EX 2WD | $888 |
| Honda Odyssey EX W/Rear Entertainment | $916 |
| Toyota Camry LE | $934 |
| Chevrolet Malibu LS | $939 |
| Hyundai Elantra SE Touring Station Wagon | $962 |
| Jeep Wrangler Sahara 4WD 2-Dr | $964 |
| Honda Civic LX 4-Dr Sedan | $966 |
| Toyota Prius | $986 |
| Ford Fusion SEL 4-Dr Sedan | $1,000 |
| Chevrolet Equinox LTZ AWD | $1,006 |
| GMC Sierra 2500HD SLE Regular Cab 4WD | $1,000 |
| Chevrolet Silverado LT Regular Cab 2WD | $1,007 |
| Nissan Rogue S 2WD | $1,000 |
| Toyota Tacoma 4WD | $1,002 |
| Ford Explorer Limited 2WD | $1,040 |
| Ford F-150 XLT Crew Cab 4WD | $1,048 |
| Ford Focus SES 2-Dr Coupe | $1,050 |
| Toyota RAV4 2WD | $1,052 |
| Toyota Corolla XRS | $1,096 |
| Ford Edge Sport 2WD | $1,100 |
| Start a Quote Go | |
Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Price estimates do not factor in garaging location in Lincoln, NE which can raise or lower insurance rates substantially.
Looking at the data, cars like the Ford Escape, Honda Accord, and Dodge Grand Caravan are going to be a few of the most affordable vehicles to insure for poor drivers.
Insuring your vehicle with the highest-rated insurance provider can be rather challenging considering how many different insurance companies sell coverage in Lincoln. The information in the next section could help you decide which car insurance providers you want to consider buying from. These rankings are only comprised of companies that insure vehicles nationwide, so smaller regional companies are not factored into the list.
Top 10 Major Auto Insurance Companies in Lincoln Ranked by Customer Service
- State Farm
- Nationwide
- Safeco Insurance
- American Family
- Travelers
- Liberty Mutual
- GEICO
- Allstate
- The Hartford
- Farmers Insurance
Top 10 Major Auto Insurance Companies Overall in Lincoln
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Discounts on Lincoln insurance rates
Car insurance companies that offer coverage for low income drivers may provide policy discounts that could lower prices by as much as 25% or more if you are eligible for them. A list of companies and some of the premium reductions they offer are detailed below.
- Travelers may include discounts for IntelliDrive, early quote, save driver, new car, multi-policy, good student, and driver training.
- 21st Century discounts include theft prevention, early bird, air bags, student driver, defensive driver, and anti-lock brakes.
- State Farm offers discounts including accident-free, student away at school, anti-theft, good student, driver’s education, multiple autos, and multiple policy.
- GEICO may have discounts that include emergency military deployment, seat belt use, defensive driver, anti-lock brakes, and federal employee.
- SAFECO has discounts for safe driver, accident prevention training, anti-theft, anti-lock brakes, teen safety rewards, teen safe driver, and bundle discounts.
- AAA includes discounts for pay-in-full, good driver, education and occupation, AAA membership discount, good student, and multi-car.
The chart below shows the difference between annual premium costs with and without policy discounts. The costs are based on a male driver, no tickets, no at-fault accidents, Nebraska state minimum liability limits, comp and collision included, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with accident-free, defensive driving course, anti-theft, multiple policy, passive restraint, and claim-free discounts applied. When drivers qualify for the discounts, theaverage amount saved on car insurance for low income drivers is 28% or $587.
How to find economical auto insurance for low income drivers
Lowering your rates is not difficult, and here are some of the better money-saving suggestions that can help Lincoln drivers quote low-cost car insurance.
- Home or renters coverage can save on auto insurance
- Get cheaper liability coverage by choosing a safer vehicle
- Do not get traffic violations
- Do not file small claims
- Prevent price hikes by avoiding at-fault accidents
- Keep rates low by shopping around frequently
That last piece of advice is particularly crucial, as was stressed in the article above. Prices change a lot, so don’t hesitate to buy from a new company if you find a better deal.
Staying with the same car insurance company is fine, but is isn’t recommended if that inflexibility results in costing you hundreds every year. If you have a few minutes, compare prices and find cheaper insurance for low income drivers in Lincoln.
If you prefer to have some professional guidance when buying car insurance for low income drivers, the agents shown below can most likely answer your questions and help you decide which coverage fits your budget.
To locate a Lincoln insurance agent closest to you, click the button link following the list or click here to compare price quotes.
- State Farm® insurance – Dean R Hoy
3883 Normal Blvd – Lincoln, NE 68506 – (402) 489-7171 - Gary Thompson Agency, Inc.
4200 Lucile Dr a200 – Lincoln, NE 68506 – (402) 475-2609 - Farmers Insurance
916 N 70th St – Lincoln, NE 68505 – (402) 488-5277 - Advantage Insurance Agency
505 N 27th St #2 – Lincoln, NE 68503 – (402) 484-5454