Nebraska car insurance costs on average are $36 monthly or $437 annually, a 25% decrease from the national average. Many factors determine your premium such as driving history, location and amount of coverage chosen – among them USAA, Patriot and Auto-Owners are three affordable car insurers in Nebraska offering competitive quotes that may help you find a great deal! It is always advisable to seek multiple quotes before making your final decision as personalized quotes may lead to finding you an amazing car insurance deal in Nebraska!
Nebraska requires that its vehicle insurance policies cover at a minimum, $25,000 of bodily injury liability per person and $50,000 of property damage per accident. You may wish to increase these limits for added protection and/or consider adding comprehensive and collision coverage as well. While not required by state law, uninsured/underinsured motorist coverage should also be added onto your policy for greater peace of mind.
Credit score can have an enormous effect on drivers’ rates. Drivers with lower scores tend to file more claims, which adds costs for insurers. You can improve your credit score by paying bills on time and reducing debt. Other factors influencing rates are age and marital status: younger drivers typically face higher car insurance premiums; however, once in mid to late 30s rates begin to stabilize and may even decrease slightly.
Driving record and type of vehicle both have an effect on your auto insurance premium in Nebraska. Drivers with clean records tend to secure cheaper premiums; however, any at-fault accidents or traffic violations will increase premiums accordingly.
Attributors that can affect your car insurance rates beyond driving record and car type include age, location and coverage chosen – such as anti-lock brakes, daytime running lights or alarm systems may include discounts from some insurers. You could save even more by bundling both home and auto policies through one provider.
Nebraska law sets forth a minimum proof-of-financial-responsibility requirement of $75,000 as evidence of financial responsibility, in the form of cash deposits, indemnity bonds or certificates of deposit of this amount. If this amount is beyond your means, waivers may be available; inquire at your state department of insurance office about them. This requires you to obtain an SR-22 form from your insurance provider that certifies you are carrying at least the minimum required car insurance policy amount, and keep this document on your driver’s license for two years. If caught driving without valid SR-22 forms in place, your license may be suspended and a $250 fine applied; alternatively, in certain circumstances reinstatement can be sought by providing evidence of financial responsibility such as bank accounts or secured credit cards under your name.