Cheapest Car Insurance for a 20 Year Old Male in Nebraska

You have surely seen all the captivating ads from insurers like Farmers and The General that make promises of dirt cheap rates. So drivers should just pick the company with the catchiest ad, right?

Regrettably, it’s not quite that easy, as there are a whole bunch of unknown aspects such as whether you have good or poor credit, your marital status, whether you are male or female, and the safety ratings of your vehicle, that all influence how much you pay for auto insurance. This article delves into the different scenarios that increase car insurance cost and will hopefully give the reader a solid foundation to find cheaper car insurance.

Finding dependable, cheap auto insurance is not the easiest thing to do, and figuring out which company quotes the cheapest insurance rates for 20 year old guys requires a little more work. Coverage prices will be significantly more than the average rate in Nebraska attributed to the potential for higher claims associated with offering coverage for young men, but competitively-priced coverage may be attainable if you carefully shop around.

Each insurance company uses their own calculation to set policy rates, so first we will examine the insurance companies that tend to have lower prices in Nebraska.

Best Cheap Insurance Rates for Men Age 20

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Safeco quotes some of the lowest car insurance rates in Nebraska at around $780 annually. The Hartford, Allied, Auto-Owners, and Farm Bureau Mutual also qualify as some of the most economical Nebraska auto insurance companies.

As depicted above, if you are currently insured with Farm Bureau Mutual and switched to The Hartford, you could see yearly savings of upwards of $141. Insureds with Nationwide could save as much as $158 a year, and Farmers Mutual of Nebraska customers might cut rates by $170 a year.

To get a quick, customized rate comparison, click here to get a free quote or visit any of the companies below.

Bear in mind that those premiums are averaged for all insureds and vehicles and do not factor in a rate increase for 20 year old guys. So the insurer that has the cheapest rates for you may not even be shown in the list of companies shown earlier. That points out the importance of why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.

The car, truck, or SUV that needs insurance is one of the largest considerations when shopping for economical insurance for 20 year old guys. Vehicles with average performance, advanced safety features, or a low likelihood of liability claims will cost significantly less to insure than higher performance models.

The list below presents car insurance rates for a selection of the most affordable vehicles to insure.

Data assumes single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can impact coverage rates greatly.

Looking at the data, you can conclude that models like the Jeep Wrangler, Ford Escape, Honda CR-V, Chevrolet Traverse, and Chevrolet Silverado are most likely to be some of the cheaper vehicles to insure for young men. The price of auto insurance will tend to be higher just due to the fact that there is more risk for 20 year old guys, but in general those particular vehicles will tend to have the cheapest rates that you’ll find.

Safe drivers pay less for insurance

In a perfect world, the ideal way to receive cheap insurance premiums for young men is to drive attentively and avoid traffic citations and accidents. The information below shows how traffic citations and at-fault fender-benders can drive up insurance premiums for each age group. The premiums are based on a married male driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.

The data above shows the average cost of a car insurance policy per year with no accidents and a clean driving record is $1,349. Get two speeding tickets and the average cost rises to $1,860, an increase of $511 each year. Now throw in one accident along with the two speeding tickets and the annual cost of insurance for 20 year old guys jumps again to an average of $2,368. That’s an increase of $1,019, or $85 per month, just for being a little careless behind the wheel!

Discounts on the cheapest auto insurance for 20 year old guys in Nebraska

Insurers that offer coverage for 20 year old guys could also offer policy discounts that can reduce rates by as much as 40% or more if you qualify for them. A few popular companies and some of their more popular discounts can be read below.

The example below illustrates the difference between auto insurance costs with and without some available policy discounts. The data assumes a male driver, no violations or accidents, Nebraska state minimum liability limits, full physical damage coverage, and $250 deductibles.

The first bar for each age group shows the average rate with no discounts. The second shows the rates with paid-in-full, paperless filing, vehicle safety, anti-theft, good student, and continuous coverage discounts applied. With discounts applied, the average savings per year on insurance for 20 year old guys is 13% or $129.

How to get the cheapest auto insurance for 20 year old guys in Nebraska

It’s not impossible to find cheaper rates, and here are a few money-saving suggestions that can help Nebraska drivers get the cheapest car insurance.

• Buy a safer vehicle
• Don’t have frequent claims
• Do not get tickets or violations
• Buying home and auto together can help save money
• Prevent rate increases by staying accident-free
• Look for cheaper rates once a year by shopping around

The last suggestion is notably necessary, as we pointed out in the prior information. Auto insurance prices change frequently, so drivers shouldn’t hesitate to change insurance companies if you find a better deal. Sticking with a specific company is fine, but it’s not recommended if that faithfulness ends up costing you money that could be going to better use. If you have a few minutes, compare rates and find cheaper auto insurance for 20 year old guys.