It takes a few minutes, but the best way to get budget Honda Ridgeline insurance in Lincoln is to compare prices at least once a year from companies that insure vehicles in Nebraska.
- First, spend some time learning about the coverage provided by your policy and the things you can control to keep rates in check. Many risk factors that result in higher prices like at-fault accidents and a less-than-favorable credit history can be improved by making lifestyle changes or driving safer.
- Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from a single company like GEICO or State Farm, while agents who are independent can provide prices from multiple sources. View prices
- Third, compare the new rate quotes to your existing policy to determine if switching companies saves money. If you find a lower rate quote, make sure coverage is continuous and does not lapse.
One important bit of advice is to try to use identical coverage information on each price quote and and to get price estimates from as many companies as possible. This helps ensure an apples-to-apples comparison and the best rate selection.
It’s a known fact that auto insurance companies don’t want customers comparing rates. Insureds who shop rates annually will probably buy a different policy because there is a good probability of finding a more affordable policy premium. A recent survey discovered that consumers who compared rates once a year saved over $860 a year compared to drivers who never shopped around.
If finding discount rates on Honda Ridgeline insurance is why you’re reading this, then learning a little about the best way to shop and compare cheaper coverage can save time and money.
This information will help you learn the best ways to compare prices and some tricks to saving. If you have a policy now, you will surely be able to shop for the lowest rates using the techniques presented in this article. Consumers just need to understand the most time-saving way to get comparison quotes from multiple carriers.
Getting low cost Honda Ridgeline insurance pricing can be relatively painless. The only thing you need to do is spend a little time to compare rate quotes provided by online insurance companies.
Comparison shopping price quotes online is easy and it takes the place of having to waste gas driving to insurance agencies in your area. The internet eliminates the middleman unless you require the personal advice that you can only get from talking to an agent. Although you can obtain prices from the web but have a local agent actually write the policy.
The providers in the list below can provide free quotes in Nebraska. If multiple companies are listed, we recommend you click on several of them in order to find the cheapest rates.
Choosing the best Honda vehicle insurance in Nebraska is an important decision
Despite the high cost, car insurance may be required and benefits you in several ways.
- Just about all states have minimum mandated liability insurance limits which means the state requires specific limits of liability protection in order to license the vehicle. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your Ridgeline with a loan, it’s guaranteed your bank will have a requirement that you have insurance to protect their interest in the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Honda at a significantly higher premium and require you to fork over much more than you were paying before.
- Insurance protects both your car and your personal assets. It will also cover most medical and hospital costs that are the result of an accident. One policy coverage, liability insurance, also covers legal expenses if you are named as a defendant in an auto accident. If damage is caused by hail or an accident, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of buying enough insurance greatly outweigh the cost, especially with large liability claims. But the average driver in Nebraska overpays more than $825 a year so it’s very important to do a rate comparison at every renewal to save money.
Auto insurance data for a Honda Ridgeline
The premium information shown next covers estimates of insurance policy prices for Honda Ridgeline models. Understanding how insurance prices are calculated can help customers make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ridgeline RT 4WD | $226 | $448 | $410 | $24 | $122 | $1,230 | $103 |
| Ridgeline RTS 4WD | $256 | $448 | $410 | $24 | $122 | $1,260 | $105 |
| Ridgeline RTL 4WD | $256 | $528 | $410 | $24 | $122 | $1,340 | $112 |
| Ridgeline RTL W/Navigation 4WD | $256 | $528 | $410 | $24 | $122 | $1,340 | $112 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Price estimates do not factor in garaging location in Lincoln which can revise premium rates considerably.
Where to set your deductibles
When buying auto insurance, a common question is how low should you set your deductibles. The figures shown below highlight the costs and benefits of buying low and high insurance deductibles. The first rate comparisons uses a $100 deductible for physical damage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ridgeline RT 4WD | $258 | $466 | $338 | $20 | $102 | $1,209 | $101 |
| Ridgeline RTS 4WD | $292 | $466 | $338 | $20 | $102 | $1,243 | $104 |
| Ridgeline RTL 4WD | $292 | $548 | $338 | $20 | $102 | $1,325 | $110 |
| Ridgeline RTL W/Navigation 4WD | $292 | $548 | $338 | $20 | $102 | $1,325 | $110 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ridgeline RT 4WD | $144 | $246 | $338 | $20 | $102 | $850 | $71 |
| Ridgeline RTS 4WD | $162 | $246 | $338 | $20 | $102 | $868 | $72 |
| Ridgeline RTL 4WD | $162 | $290 | $338 | $20 | $102 | $912 | $76 |
| Ridgeline RTL W/Navigation 4WD | $162 | $290 | $338 | $20 | $102 | $912 | $76 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Prices do not factor in garaging location in Lincoln which can affect price quotes greatly.
Based on these figures, using a $100 deductible costs roughly $32 more each month or $384 annually averaged for all Ridgeline models than choosing the higher $1,000 deductible. Because you would pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you average more than 28 months between claims, you would save money if you choose the higher deductible.
How to determine when to raise your deductibles
| Average monthly premium for $100 deductibles: | $106 |
| Average monthly premium for $1,000 deductibles (subtract): | – $74 |
| Monthly savings from raising deductible: | $32 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $32 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 28 months |
The illustration below highlights how deductible selection and can raise or lower Honda Ridgeline annual premium costs for different ages of insureds. The information is based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Rate increases following a ticket or accident
The illustration below shows how speeding tickets and fender-benders impact Honda Ridgeline insurance premiums for different categories of driver ages. The prices are based on a married female driver, full coverage, $500 deductibles, and no discounts are factored in.
Price comparison of only insuring for liability
The information below illustrates the comparison of Honda Ridgeline premium costs when comparing full coverage to state minimum liability only. Data assumes no claims, a clean driving record, $1,000 deductibles, single marital status, and no discounts are applied to the premium.
When to drop comprehensive and collision
There is no definitive rule to stop paying for comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Honda Ridgeline book value is $4,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $3,000 after you pay the deductible. If you are paying over $300 a year to have full coverage, then you might consider buying liability only.
There are some cases where only buying liability is not financially feasible. If you have an outstanding loan on your vehicle, you have to maintain full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should maintain full coverage.
Honda Ridgeline insurance discounts in Lincoln
Insurance is easily one of your largest bills, but there may be some discounts to reduce the price significantly. Some discounts will apply at quote time, but lesser-known reductions have to be manually applied prior to receiving the credit.
- One Accident Forgiven – This one is not really a discount per se, but companies like Allstate and State Farm permit an accident before they charge you more for coverage if your claims history is clear for a specific time period.
- Active Military Service – Being deployed with a military unit may lower your prices slightly.
- Theft Deterrent System – Vehicles optioned with advanced anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
- Discounts for Multiple Vehicles – Drivers who insure more than one vehicle on the same insurance policy may reduce the rate for each vehicle.
- Organization Discounts – Participating in qualifying clubs or civic groups could trigger savings on your bill.
- Telematics Data – Drivers that enable their insurance company to scrutinize their driving habits through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction if they have good driving habits.
- Homeowners Savings – Just being a homeowner can save you money because owning a home requires a higher level of personal finance.
- Early Switch Discount – Some companies reward drivers for switching companies before your current expiration date. It can save you around 10%.
- Senior Citizens – Drivers that qualify as senior citizens can possibly qualify for a small discount on rates.
- Seat Belts Save – Buckling up and requiring all passengers to fasten their seat belts can save 10% or more on the medical payments or PIP coverage costs.
A little disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. Most only apply to the price of certain insurance coverages like comp or med pay. So even though you would think having all the discounts means you get insurance for free, insurance companies aren’t that generous.
The example below illustrates the comparison of Honda Ridgeline insurance rates with and without some available policy discounts. The data is based on a male driver, a clean driving record, no claims, Nebraska state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, safe-driver, multi-car, claim-free, and homeowner discounts applied.
A few of the larger companies and their possible discounts are:
- State Farm discounts include multiple autos, anti-theft, driver’s education, student away at school, good student, and good driver.
- Liberty Mutual may offer discounts for new move discount, good student, exclusive group savings, new vehicle discount, and preferred payment discount.
- American Family may have discounts that include early bird, Steer into Savings, good driver, mySafetyValet, defensive driver, good student, and air bags.
- Progressive includes discounts for online signing, online quote discount, multi-policy, good student, and homeowner.
- Farmers Insurance offers premium reductions for multi-car, early shopping, electronic funds transfer, mature driver, switch companies, and pay in full.
- Auto-Owners Insurance may include discounts for anti-lock brakes, student away at school, multi-policy, paid in full, and safe driver.
- SAFECO has discounts for accident prevention training, bundle discounts, teen safety rewards, multi-car, and teen safe driver.
It’s a good idea to ask each company or agent which credits you are entitled to. Some discounts listed above might not be offered everywhere. If you would like to view insurers who offer online Honda Ridgeline insurance quotes in Lincoln, click here.
Local Lincoln car insurance agents and car insurance
Some consumers prefer to sit down with an agent and that is a smart decision Most agents can help determine the best coverages and give you someone to call. A nice benefit of getting free rate quotes online is you may find cheaper auto insurance rates and still have a local agent. Supporting local agencies is important especially in Lincoln.
After completing this form (opens in new window), your insurance coverage information is transmitted to insurance agents in Lincoln that provide free Lincoln car insurance quotes for your business. It’s much easier because you don’t need to find an agent since price quotes are sent to you directly. If you have a need to get a rate quote from a specific insurance company, just navigate to their website and give them your coverage information.
Multiple types of auto insurance agents in Lincoln
When researching a local agent, there are a couple of different types of agents to choose from. Car insurance agencies are either independent or exclusive. Both types can provide car insurance policies, but we need to point out the differences since it could factor into which agent you choose.
Independent Agencies or Brokers
Independent insurance agents are not employed by one company and that allows them to write policies with an assortment of companies and help determine which has the cheapest rates. If you are not satisfied with one company, they simply move your policy to a different company which requires no work on your part. If you need lower rates, you absolutely need to get rate quotes from at least one independent agent so that you have a good selection of quotes to compare.
Shown below is a small list of independent insurance agencies in Lincoln that may be able to provide free car insurance quotes.
Solid Ground Insurance LLC
6000 South 58th Street Suite C – Lincoln, NE 68516 – (402) 420-7654 – View Map
Midwest Regional Agency
201 S 84th St – Lincoln, NE 68510 – (800) 873-9713 – View Map
Forsyth Insurance Agency
1265 S Cotner Blvd #21 – Lincoln, NE 68510 – (402) 483-7861 – View Map
Exclusive Insurance Agents
These type of agents normally can only provide a single company’s rates and some examples include Farmers Insurance, State Farm, or Allstate. These agents are unable to compare other company’s rates so they have to upsell other benefits. These agents are very knowledgeable on the products they sell which aids in selling service over price.
Shown below are Lincoln exclusive agencies that are able to give rate quotes.
John Eshleman – State Farm Insurance Agent
7501 O St #103 – Lincoln, NE 68510 – (402) 483-7578 – View Map
Allstate Insurance: Earnest and Associates, Inc
4221 O St – Lincoln, NE 68510 – (402) 488-0955 – View Map
American Family Insurance – Douglas Kruce
5730 R St Ste D – Lincoln, NE 68505 – (402) 423-1224 – View Map
Picking the best auto insurance agent is decision based upon more than just a low price. The answers to these questions are important, too.
- When do they do a full risk review?
- Are they able to provide referrals?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Does the company use OEM repair parts?
- By raising physical damage deductibles, how much would you save?
- In the event of vehicle damage, can you pick the collision repair facility?
- Is the agency covered by Errors and Omissions coverage?
- Will your rates increase after a single accident?
What insurance coverages do I need?
Keep in mind that when it comes to choosing a policy, there really is not a perfect coverage plan. Each situation is unique.
These are some specific questions may help highlight whether your personal situation will benefit from professional help.
- Should I buy more coverage than the required Nebraska minimum liability coverage?
- Can I make deliveries for my home business?
- Should I get collision insurance on every vehicle?
- Am I missing any policy discounts?
- Can I drive in Mexico and have coverage?
- How many claims can I have before being canceled?
- What is high-risk coverage and where do I buy it?
- What is GAP insurance?
If you can’t answer these questions, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.
Nebraska auto insurance companies
Ending up with the right car insurance company is difficult considering how many different companies there are to choose from in Lincoln. The ranking information in the lists below could help you select which car insurance companies to look at comparing rates from.
Top 10 Lincoln Car Insurance Companies Ranked by Claims Service
- Progressive
- Travelers
- Liberty Mutual
- Nationwide
- USAA
- AAA Insurance
- Safeco Insurance
- GEICO
- Esurance
- The General
Shop around and save
We’ve covered many ways to shop for Honda Ridgeline insurance online. The key concept to understand is the more price quotes you have, the higher the chance of saving money. You may even find the best premium rates are with some of the smallest insurance companies.
Consumers who switch companies do it for many reasons like being labeled a high risk driver, not issuing a premium refund, delays in paying claims and policy cancellation. It doesn’t matter what your reason, finding a new company is less work than it seems.
When buying insurance coverage, it’s not a good idea to buy poor coverage just to save money. There are many occasions where an insured cut physical damage coverage to discover at claim time that it was a big error on their part. The proper strategy is to purchase a proper amount of coverage at an affordable rate but still have enough coverage for asset protection.
To read more, feel free to browse the resources below:
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- How Much is Lincoln Car Insurance for Nurses? (FAQ)
- Who Has Affordable Auto Insurance for a Toyota Corolla in Lincoln? (FAQ)
- Learn About Car Insurance (GEICO)
- Car Insurance FAQ (Trusted Choice)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Understanding Limits and Deductibles (Allstate)