Discount Auto Insurance Quotes In Nebraska - NE

It's important for drivers to take safety seriously. Defensive driving is crucial for anyone who wants to enjoy a fighting chance of avoiding accidents on the road. Most people buy insurance because they know it's important. Some may be willing to go without it, but the majority of states have laws requiring minimum amounts of coverage. That's the case with Nebraska, which lists liability insurance as one of a few different ways to establish financial responsibility. Although drivers don't necessarily have to possess liability insurance, the majority of them opt to do so.

Even if a person wants to use something else to show proof of financial responsibility in the Cornhusker State, he is still rolling the dice. Without decent car insurance, it's easy for a driver to get in way over his head. Those who do buy coverage sometimes stick with the minimum amount that's required by law, which can be a mistake too. There are hundreds of thousands of drivers in Nebraska, and delving into those statistics a little is generally enough to convince someone to buy more extensive coverage. After all, anything can happen, and it's better to have too much coverage than too little.

Who Drives in Nebraska?

As most people know, Nebraska is a large state. Its population is fairly evenly distributed, with higher population densities in a few larger cities. According to the United States Census Bureau, the estimated population of Nebraska in 2012 was 1,855,525. Statistics about driving in the state and all others are maintained by the Federal Highway Administration, which reports that there were 1,356,377 licensed drivers in Nebraska as of November 2012. A full 73.1 percent of the population is licensed to drive in the Cornhusker State.

There is almost an equal number of female drivers and male drivers in the state of Nebraska. Female drivers total 676,726, which is equal to 49.89 percent of all licensed drivers. Male drivers total 679,651, which is equal to 50.11 percent of all licensed drivers. Insurance companies don't consider gender when calculating insurance rates, but they do consider age. Young drivers pay more, and there were 38,274 drivers aged 19 and below in Nebraska as ofNovember 2012. Interestingly enough, the largest group of drivers was aged 25 to 29 and consisted of 66,682 people, which equals 4.9 percent of all licensed drivers. There are many young, inexperienced drivers on the road in Nebraska.

Auto Insurance Requirements in Nebraska

It's extremely helpful to be aware of the basic insurance requirements in Nebraska before gathering quotes. With that being said, most drivers should purchase more extensive coverage. The basic requirements may fall short in certain situations, and drivers could still end up owing significant amounts of money or facing other challenges. By collecting auto insurance quotes in Nebraska, drivers can get low rates for high-quality policies that offer a lot more protection.

In lieu of liability auto insurance, drivers may also file cash deposits in the amount of $75,000 with the state treasurer. Surety bonds are also accepted, and those with 26 or more registered vehicles can opt for self-insurance. Still, liability coverage is the most popular and practical choice.

The basic requirements for liability insurance in Nebraska are:

  • At least $25,000 in bodily injury coverage for one person
  • At least $50,000 in bodily injury coverage for two or more people
  • At least $25,000 in property damage coverage

Drivers must be able to show proof of financial responsibility when it is requested by law enforcement. Those who are unable to do so face fines of up to $500. Depending on the circumstances, drivers without insurance may also face the suspension of their driver's licenses and vehicle registrations. The only way to get them reinstated is by obtaining an SR-22 form from an insurance company, and filing the form can be expensive.

In addition to facing fines and other penalties, drivers who request SR-22 forms are typically slapped with higher insurance premiums, and those rates may remain high for several years after an incident.