Nebraska auto insurance

Knowing you have the right Nebraska auto insurance goes a long way toward peace of mind behind the wheel.
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Get the best Nebraska auto insurance coverage

Snow isn't a year-round event in Nebraska, but the state gets significant snowfall seven months of the year. Drivers can anticipate about 28 inches of snow annually — occasionally in the form of blizzards and ice storms. Roads can get snowy and icy, putting drivers at risk of an accident. The snowy weather is one of the reasons drivers need to have high-quality Nebraska auto insurance.

Warm Nebraska weather brings its own risks. Hot, humid summers are the right conditions for occasional severe thunderstorms that can bring flash flooding. When it's hard to see the road or storms knock out traffic signals, drivers are more apt to have accidents.

While the Cornhusker State is not among those with the most crashes, they do happen. A 2020 report indicates there were almost 30,000 crashes in Nebraska that year. This number equates to an accident every 18 minutes. Fortunately, most collisions — about 19,000 — resulted in only property damage. The economic loss was a staggering $4.7 billion.

Average cost of car insurance in Nebraska

Nebraska drivers pay an average of $200 a month or $2,400 annually for full-coverage insurance. This amount is less than the national average of $235 per month. However, the state still ranks in the top half of the nation's highest insurance rates.

Your rates can vary depending on where you buy your insurance. A good way to compare rates between companies is to use VIU by HUB to get Nebraska auto insurance quotes.

Minimum insurance requirements in Nebraska

While many drivers opt for full coverage, the state requires all drivers to meet minimum liability insurance requirements:

·        $25,000 Bodily Injury per person.

·        $50,000 Bodily Injury per accident.

·        $25,000 Property Damage per accident.

Nebraska also requires drivers to carry Uninsured or Underinsured Motorist coverage. The minimum insurance requirements for Uninsured Motorist are:

·        $25,000 Bodily Injury per person.

·        $50,000 Bodily Injury per accident.

This coverage pays for expenses when you are hit by an at-fault driver who either didn’t carry insurance (uninsured) or didn’t carry enough insurance to address all the medical bills or car repair costs (underinsured).

Drivers need to carry proof of insurance at all times. They must present it after an accident, when requested by law enforcement and when renewing their vehicle registration.

Other insurance coverage

You have other options if you want to be sure you have sufficient coverage beyond the minimum requirements. Full-coverage insurance includes liability coverage as well as comprehensive and collision coverage.

Collision Coverage

This coverage pays for property damage to your vehicle if you are at fault in an accident. Collision Coverage also covers losses from hitting another object like a tree or rolling your car.

Comprehensive Coverage

Comprehensive Coverage pays for your vehicle damage from causes other than collision. Comprehensive Coverage protects you against losses from:

·        Theft.

·        Fires.

·        Falling objects.

·        Natural disasters.

·        Civil unrest.

If you have an auto loan, your lender may require that you carry both Collision and Comprehensive Coverage.

Why Nebraska auto insurance is less expensive than the national average

While the Cornhusker State has metropolitan areas, including Lincoln and Omaha, it also has many sparsely populated areas with less traffic. Fewer drivers on the road make for fewer accidents, reducing the number of claims. Insurance companies can afford to charge lower premiums than states with high crash statistics.

Nebraska has a crime rate lower than the U.S. average. These numbers include auto theft and property crimes. Fewer theft and damage claims help keep insurance rates down.

The overall cost of living is also lower in Nebraska than the national average. This factor helps reduce the price of many day-to-day expenses, including insurance.

As a Nebraskan, you can get a better-than-average insurance rate, but there may still be ways for you to save even more. If you want to explore your options, VIU By HUB is a good resource for comparing Nebraska auto insurance rates to see the differences between companies.

Factors that affect your rates

Insurers consider many personal factors when determining auto insurance rates.

Credit score

Insurance companies consider your credit score when setting your premiums. Statistically, drivers with lower credit scores are more likely to file claims, costing the insurance company. You can work toward a lower premium by raising your credit score. Pay bills on time and make it a priority to pay off debts.

Age

Insurers factor in a driver's age when setting premiums because some age groups carry higher risks. Young drivers with less experience behind the wheel often get into more accidents and incur costs for the insurance company. Rates trend downward as drivers get into middle age.

ZIP code

If you live in one of Nebraska's more rural areas, your auto insurance rates will probably be lower than in a metro area. Rural areas have lower crime rates because there are fewer people. Insurance companies can afford to lower premiums in areas with fewer claims.

Driving infractions

Nebraska ranks high in the nation for driving infractions, and about 20% of the state's drivers have violations on their records. Speeding tickets, DUIs and other driving infractions can significantly increase your insurance rates. Follow driving laws while you're behind the wheel, and you can keep your premiums lower.

You may find it helpful to compare rates between companies by getting various Nebraska auto insurance quotes.

Why you need high-quality Nebraska auto insurance coverage

While you can find public transportation services in metro areas, the expansive rural regions statewide only sometimes offer public transit. Eleven of Nebraska's 93 counties provide no public transportation. Buses can be few and far between in metro areas, meaning you may have to spend long periods riding or waiting for a ride to work, school or shopping.

You probably need a car to get where you're headed in Nebraska, so having dependable auto insurance keeps you and your vehicle covered.

This information is intended for general informational purposes only and is not intended to constitute legal advice.

Sources:

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Nebraska Department of Transportation

Nebraska Public Media

The Reader