Remarkably, a study showed that most auto insurance policyholders in Nebraska kept their coverage with the same auto insurance company for at least the last four years, and nearly the majority have never compared rate quotes at all. American insurance shoppers could pocket $850 a year, but most undervalue the amount of savings they would get if they switch to a new company.
It takes a few minutes, but the best way to get budget Chevy SS insurance in Lincoln is to compare quotes once a year from different companies who can sell car insurance in Nebraska. This can be done by following these guidelines.
Step 1: It will benefit you to learn about coverages and the things you can control to keep rates in check. Many rating criteria that drive up the price like traffic citations, accidents, and a not-so-good credit score can be rectified by being financially responsible and driving safely. Read the full article for additional ideas to find cheap prices and find overlooked discounts.
Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like GEICO and Allstate, while independent agents can give you price quotes from many different companies.
Step 3: Compare the new rates to your current policy and see if you can save money. If you find a lower rate quote and decide to switch, ensure there is no coverage lapse between policies.
Step 4: Provide proper notification to your current company of your intent to cancel the current policy and submit the required down payment along with the signed application for the new coverage. Be sure to place your new certificate of insurance with your vehicle’s registration.
One thing to point out is that you’ll want to compare the same level of coverage on every quote request and and to get rate quotes from every insurance company. Doing this provides a fair rate comparison and a good representation of prices.
The intent of this article is to help you learn how car insurance companies work and some tips to save money. If you have insurance now, you will surely be able to find better prices using these techniques. Smart buyers just need to use the quickest way to get comparison quotes from many different companies.
The following companies have been selected to offer quotes in Lincoln, NE. In order to find cheap auto insurance in NE, we recommend you visit as many as you can to get the most competitive price.
Determine discounts on Lincoln car insurance
Insuring your vehicles can cost a lot, but you may qualify for discounts that many people don’t even know exist. Certain discounts will be applied when you purchase, but some must be inquired about before you get the savings.
- Government Employees – Active or retired federal employment could qualify for a slight premium decrease but check with your company.
- New Vehicle Savings – Buying a new car model can be considerably cheaper because newer models have to meet stringent safety requirements.
- Seat Belt Discounts – Drivers who require all occupants to use their safety belts can save a little off the personal injury premium cost.
- Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems can receive discounts of 20% or more.
- Accident-Free Discounts – Insureds with no claims or accidents pay much less as compared to policyholders that have many claims.
- Theft Prevention System – Cars, trucks, and SUVs with anti-theft systems are less likely to be stolen and that can save you a little bit as well.
- Auto/Life Discount – Not all car insurance companies offer life insurance, but some may give you a lower price if you buy a life policy as well.
- Multi-Vehicle Discounts – Buying a policy with all your vehicles on one policy qualifies for this discount.
- Multi-policy Discount – If you can combine your homeowners and auto policy with one insurance company you will save approximately 10% to 15%.
- Organization Discounts – Participating in qualifying employment or professional organizations is a good way to get lower rates when getting a Lincoln auto insurance quote.
We need to note that some of the credits will not apply to the whole policy. Most only cut specific coverage prices like medical payments or collision. Even though it may seem like all those discounts means the company will pay you, it doesn’t quite work that way.
If you would like to choose from a list of insurance companies that offer some of these discounts in Nebraska, click this link.
Compare rate quotes but work with a neighborhood Lincoln auto insurance agent
Certain consumers prefer to get advice from a local agent and that is a smart decision Agents are trained risk managers and help you file claims. One of the great benefits of comparing insurance prices online is that you can obtain the best rates and still buy from a local agent. And supporting local agents is definitely important in Lincoln.
To help locate an agent, after submitting this simple form, the quote information is sent to local insurance agents who can give free rate quotes for your business. There is no need to search for any insurance agencies due to the fact that quote results will go to you directly. In the event you want to compare prices for a specific company, feel free to jump over to their website and complete a quote there.
If you prefer to buy auto insurance from a good Lincoln insurance agent, it’s helpful to know the different agency structures from which to choose. Auto insurance agencies may be either independent or exclusive depending on the company they work for. Both types of agents can do a good job, but it’s worth learning the subtle differences because it can factor into which agent you choose.
Independent Auto Insurance Agents (or Brokers)
Agents in the independent channel are not restricted to one company and that enables them to quote your coverage with many different companies and potentially find a lower price. If they quote lower rates, the business is moved internally and you stay with the same agent. If you need lower rates, we recommend you get several quotes from several independent insurance agents to have the most options to choose from.
The following are independent agencies in Lincoln that can give you price quote information.
Buethe and Associates Insurance Agency
2337 S 13th St – Lincoln, NE 68542 – (402) 474-2063 – View Map
Exclusive Auto Insurance Agents
These type of agents can only write with one company and some examples include State Farm or Allstate. These agents are not able to provide rate quotes from other companies so they are skilled at selling on more than just price. These agents are usually quite knowledgeable on their company’s products which helps them compete with independent agents.
Listed below is a short list of exclusive insurance agencies in Lincoln who can help you get rate quotes.
American Family Insurance – James L. Brown Agency Inc
4500 Cornhusker Hwy Ste 1 – Lincoln, NE 68504 – (402) 465-0748 – View Map
Finding a good auto insurance agent should include more criteria than just the bottom line cost. Any good agent in Lincoln should know the answers to these questions.
- Do you qualify for any additional discounts?
- Do they carry Errors and Omissions coverage?
- How long has their agency been open in Lincoln?
- Has the agent ever had any license suspensions?
- Does the agent have professional designations like CIC, CPCU or AIC?
Specifics of your insurance policy
Having a good grasp of a insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types available from insurance companies.
Protection from uninsured/underinsured drivers
This gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.
Since a lot of drivers only carry the minimum required liability limits (25/50/25), it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Normally the UM/UIM limits are similar to your liability insurance amounts.
Liability auto insurance
Liability coverage can cover damage or injury you incur to a person or their property by causing an accident. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.
Liability insurance covers things like court costs, loss of income, attorney fees, emergency aid and legal defense fees. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford. Nebraska state minimum liability requirements are 25/50/25 but drivers should carry higher limits.
The chart below shows why the minimum limit may not be high enough to cover claims.
Comprehensive (Other than Collision)
This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive insurance covers things like hail damage, damage from flooding and theft. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Medical expense insurance
Med pay and PIP coverage kick in for bills such as chiropractic care, doctor visits, pain medications, funeral costs and EMT expenses. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage
This will pay to fix damage to your SS resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as damaging your car on a curb, hitting a mailbox, driving through your garage door and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also raise the deductible on your SS in order to get cheaper collision rates.
Quote. Compare. Save.
When shopping online for insurance, you should never reduce needed coverages to save money. There have been many cases where someone dropped physical damage coverage to discover at claim time that it was a big mistake. The ultimate goal is to get the best coverage possible at a price you can afford and still be able to protect your assets.
Some insurance providers may not provide online quoting and most of the time these small insurance companies provide coverage only through independent insurance agents. Low-cost Chevy SS insurance in Lincoln is available from both online companies as well as from independent agents in Lincoln, and you should compare rates from both to get a complete price analysis.
Much more information about insurance in Nebraska can be read below:
- Alcohol Impaired Driving FAQ (iihs.org)
- How Much are Lincoln Auto Insurance Quotes for a Ford Explorer? (FAQ)
- What Car Insurance is Cheapest for Young Drivers in Lincoln? (FAQ)
- What Auto Insurance is Cheapest in Lincoln, Nebraska? (FAQ)
- Who Has Affordable Lincoln Car Insurance for a Ford Escape? (FAQ)
- What Insurance is Cheapest for 18 Year Olds in Lincoln? (FAQ)
- Vehicle Safety Ratings (iihs.org)
- Your Car has been Stolen: Now What? (Allstate)