Nebraska car insurance quotes can help you find the insurance company that is right for you. Now with the internet you can get these quotes almost instantly. Just enter your zip code above and see how quick and easy it can be.
However, it can be extremely helpful when getting auto insurance quotes to know a little something about how it works in Nebraska. For example, do you know what your minimum liability insurance requirements are? How about average premium rates? Your risk of getting in an accident in the state? If you don’t know the answers to these questions, but would like to learn what they are, please keep reading.
Minimum Auto Insurance Requirements In Nebraska
Nebraska only requires liability insurance for its drivers. This makes getting all your required insurance easier, but does mean you may not be as well protected as you would be in other states with stricter requirements. At the current time you are required to have at least these amounts of liability insurance:
- $25,000 for bodily injury to or death of one person per accident;
- $50,000 for bodily injury to or death of two or more persons per accident (per person amount still applies);
- $25,000 for injury to or destruction of property of others per accident.
These liability insurance requirements are meant to protect other drivers if you are found at fault in an accident. If accident costs go above the amounts listed above, you will be financially responsible to make up the difference. As a result, you should at the very least ask your insurance company and/or agent about what they think is most suitable for your needs.
A Nebraska car insurance quote offers a simple way to figure out how much, additional forms of insurance might cost you. You can find out about higher liability limits ,along with other insurance options that can protect you in an accident. These can include, but are in no way limited to, uninsured motorist coverage, underinsured motorist coverage, personal injury protection, medical payment coverage, collision and comprehensive coverage.
As always you should talk with the insurer before buying a policy to find how their plans work. Doing a little research today, can save you huge amounts of headaches later and even save you from bankruptcy.
Nebraska State Auto Insurance Laws
Nebraska auto insurance laws operate under the concept of financial responsibility. This basically means you are held to be financially responsible when you operate your motor vehicle. This system is sometimes referred to as a tort system or fault based insurance.
Those that cause accidents have to pay for them. It is for this reason that the state of Nebraska requires you to buy liability insurance. However, certain vehicles do not need to show proof of financial responsibility required under standard insurance laws. Nevertheless, other types of insurance may be required. Always consult a licensed insurance agent and/or company before making any decisions about your policy.
The following vehicles do not fall under standard motor vehicle insurance requirements:
- All trailers (the vehicle pulling trailer must have insurance to cover both itself and the trailer);
- 30 day plated vehicles;
- Dealer-plated vehicles;
- Campers on the back of trucks (the truck must again have insurance to cover both itself and the camper).
All other vehicles will be required to show proof of financial responsibility. The following are acceptable forms of proof: Certificate of Insurance (must be the original; photocopies not accepted), Insurance Policy (must be the original; photocopies not accepted) or an Insurance “Binder”.
Your insurer will normally issue you a certificate of insurance along with your policy. It is up to you which one you would like to carry with you, although your certificate of insurance is the recommended option. You should also be aware that there are a few alternative options to purchasing insurance that can also meet the state’s proof of financial responsibility requirements.
Now please keep in mind the following options provide only basic coverage, and are generally not recommended if you want to fully protect yourself. Still the following are legally acceptable ways to show proof of financial responsibility at the current time:
- Surety Bond for the amount of no less than the insurance minimums listed above;
- Property Bond with at least two individual sureties (must be approved by a judge in the state);
- Certificate of the State Treasurer for at least $75,000 in cash or securities in the custody of the State Treasurer’s office.
- Certificate of Self-Insurance issued by the Nebraska Department of Motor Vehicles;
Again the above options do not provide any additional insurance protection, and could leave you on the hook for hundreds of thousands of dollars if you are found to have caused a very serious accident.
Finally, be aware that failure to show proof of financial responsibility carries heavy penalties in the state. Penalties for creating and/or possessing fake or fraudulent proof of insurance documents are even steeper. Possession carries a $1,000 fine and/or 1 year in prison whereas manufacturer carries a $10,000 fine and/or 5 years in prison.
The lesson is just make sure you have proof of financial responsibility; preferably in the form of an insurance policy that goes well beyond the minimum in terms of types and amount of coverages.
Nebraska Car Insurance Companies
Nebraska has a large number of insurers. The only way to get a complete and up-to-date list of all licensed car insurance companies is to use the company search page found at Nebraska Department of Insurance’s website. Despite the fact that there are a large number of companies operating in the state licensed to sell auto insurance policies, most are originated by only a few big ones.
The following auto insurers issue the vast majority of policies in the state. They also report typical premiums to the Insurance Department (see rate section below):
Now just because a company issues a lot of policies, does not make it good or bad. Just as small companies can be both good and bad. For a more accurate portrait of the companies operating in Nebraska, have a look at the enforcement actions that the Insurance Department has had to take against various state insurance companies. The fewer actions the better.
If you have a problem with your auto insurance company that you can’t resolve by talking with them, it may be time look at filing an insurance complaint with the Department.
Average Nebraska Auto Insurance Rates
The most accurate way of finding average Nebraska car insurance rates for you, is by using the Department of Insurance’s Rate Comparison Guide. It lists what the largest insurance companies charge in the state under a variety of scenarios. These rates will likely not be as accurate as just getting quotes, but can be a good place to find insurers who want drivers like you as a customer.
On average, as a Nebraska driver you are getting a relatively good deal. The Insurance Information Institute found the state to be the 4th cheapest in the country in 2008. In 2011, CarInsurance.com found average quoted premiums to be $1,151 per year for the state compared to $1,446 for the rest of the United States.
Still your best bet for getting a good rate remains shopping around. Prices for an identical policy can be more than twice as expensive from one insurer to the next.
Nebraska Car Accident Statistics
Nebraska car accident statistics are about as close to the US average as you can get, based on data provided by the Nebraska Office of Highway Safety and the National Highway Traffic Safety Administration (NHTSA). By most measures the state is neither safer than, nor more dangerous than, the typical US state.
In 2010 there were 190 people killed and 16,712 injured on Nebraska’s roads. This is an improvement from 2009 when 223 people were killed on the roads of the state. The 2009 figure meant that for every 100 million vehicle miles traveled in the state 1.15 people were killed versus the US average of 1.14. Almost exactly the same.
Although car accidents occur all over the state, 3 counties in particular have by far the largest number of fatalities. The NHTSA reports that the following counties reported more than 10 fatalities each in 2009: Douglas County, Buffalo County and Lancaster County. But, no matter where you drive, please drive safely.
Instant Nebraska Car Insurance Quotes
With an instant Nebraska auto insurance quote, you are more likely to find the right policy to buy in less time. Using online quote services makes it easier to compare companies without having to move from one to another.
You can easily compare prices with other car insurance companies without spending too much time on it. Everything should be provided and all you have to do is to determine the type and amount of car insurance you need before purchasing your policy.
So begin your search now using this form. All you need to do is enter you zip code to begin:
Local Nebraska Insurance Information