Insurance Costs in Lincoln, NE
Auto insurance in Lincoln averages $1,392 per year for full coverage, which is lower than the national average. Here is a detailed breakdown of what residents pay.
Updated July 2026Auto Insurance in Lincoln, NE: What You Need to Know
Lincoln residents pay an average of $1,392 per year for full coverage auto insurance, which is 8.0% below the Nebraska state average and 16.8% below the national average.
With a population of 291,082, Lincoln is a mid-size city in Nebraska. Moderate traffic and relatively lower accident rates help keep insurance costs manageable.
Coverage Level Comparison
| Coverage Type | Annual Cost | Monthly Cost |
|---|---|---|
| Full Coverage (100/300/100) | $1,392 | $116 |
| Standard Coverage (50/100/50) | $1,141 | $95 |
| State Minimum (25/50/25) | $585 | $49 |
Homeowners Insurance in Lincoln, NE
The average cost of homeowners insurance in Lincoln is $2,607 per year ($217/month), which is 43.2% above the national average.
Home insurance costs are influenced by local factors including weather risks (hail, wind, flooding), property values, local building costs, and proximity to fire stations.
Renters Insurance in Lincoln, NE
Renters insurance in Lincoln averages $192 per year ($16/month). Renters insurance is affordable and protects your personal belongings, provides liability coverage, and may cover temporary living expenses if your rental becomes uninhabitable.
Compare with Other Nebraska Cities
| City | Auto Insurance | Home Insurance |
|---|---|---|
| Omaha | $1,664/yr | $2,976/yr |
| Bellevue | $1,437/yr | $2,607/yr |
| Grand Island | $1,392/yr | $2,409/yr |
How to Save on Insurance in Lincoln
- Shop around. Get quotes from at least 3-5 different insurers. Rates in Lincoln can vary by $500 or more between companies for the same coverage.
- Bundle auto and home/renters. Many companies offer 10-25% off when you carry multiple policies.
- Increase your deductible. Raising your deductible from $500 to $1,000 can cut your premium by 15-30%.
- Ask about local discounts. Some insurers offer discounts for anti-theft devices, safe driving courses, or parking in a garage.
- Review coverage annually. Your needs change over time. Make sure you are not paying for coverage you do not need.
Frequently Asked Questions
How much is car insurance in Lincoln, NE?
The average cost of car insurance in Lincoln, NE is $1,392 per year for full coverage, or about $116 per month. Minimum coverage costs around $585 per year.
Is car insurance expensive in Lincoln?
Car insurance in Lincoln is relatively affordable compared to many U.S. cities.
How much is home insurance in Lincoln?
Homeowners insurance in Lincoln costs an average of $2,607 per year. Your actual cost depends on your home's value, age, construction type, and specific location.