Last Updated on
Nebraska law of insurance requires drivers to insure their cars against accidents. Read this article to get more insights about Nebraska car insurance requirements, programs, laws, insurance frauds, premiums and car insurance rates.
Nebraska Car Insurance Requirements
All drivers are required to comply with Nebraska’s car insurance laws. This law requires drivers to purchase liability insurance for their vehicles. This insurance coverage will pay the cost of property damage and injuries caused by your car during accidents. The minimum requirements for Alaska liability car insurance include:
- $25,000 for death or body injury per person
- $50,000 for total deaths or bodily injuries involving multiple accident victims
- $25,000 for property damage.
Nebraska car insurance cannot offer full protection. You need additional insurance coverages. These ones are not mandatory, but they are equally important. Consider your personal injuries, death or property damage. Liability insurance does not cover all these. So you need the insurance coverages below:
- Collision – Insurance cover that helps pay for damages made to your car after an accident
- Comprehensive – Insurance cover that pays for damages resulting from all accident related events such as fire, floods etc
- Uninsured motorists – Covers the cost of damage caused by uninsured drivers
- Medical payments – This will cover medical costs if you are injured in an accident.
NOTE: Collision and comprehensive coverages are not mandatory under Maine’s car insurance laws. However, if you are intending to finance your car through lease agreement or through a loan, both comprehensive and collision insurances are needed.
Car Insurance Violations
In Nebraska, you are needed to carry insurance identification ID at all times. This card is issued by your car insurance company. If you are caught driving without a car insurance or proof of insurance, you will face the following penalties:
- License revocation
- Driver’s license suspension.
Nebraska Automobile Insurance Plan
Car insurance companies have the right to deny insurance coverage for high risk drivers. So, if you are considered a high risk driver, you can apply for insurance coverage through Nebraska Automobile Insurance Plan (NAIP). Through this plan, Nebraska car insurance companies share the risk associated with high-risk drivers. Nebraska requires all car insurance companies to participate in the Nebraska Automobile Insurance Plan to ensure that all drivers considered high risk are insured. To get started, you can apply for coverage to NAIP through any local car insurance agent in Nebraska.
Other Car Insurance Issues
The Nebraska Department of Insurance (NDOI) is the body that is for handling concerning car insurance issues. The two main issues that are handled by this body include car insurance frauds and complaints.
If you have any car insurance complaint, you must first attempt to solve it with your car insurance company before reporting it to the Nebraska Department of Insurance. If the dispute is not resolved, you can then go ahead to launch your complaint with the NDOI. You can do so online or by sending a Consumer Affairs Division Complaint Questionnaire (Form DOI-4000) to this department using the address below: Nebraska Department of Insurance P.O. Box 82089 Lincoln, NE 68501
Every year, many insurance companies in Nebraska lose huge sums of money through car insurance frauds. The financial burden that these frauds put on insurance companies may trickle down to increase insurance premiums. You should then report any suspected car insurance fraud to the NDOI. Some of these car insurance frauds involve:
- Falsifying injuries
- Falsifying property damage
- Staging of car accidents.
You can report these frauds to the Department of Insurance in Nebraska through fax or mail. Through fax, you can get in touch with this department through (402) 471-8335. Through mail, you can send the Suspected Fraudulent Claim Referral form to this department using the address below: Insurance Fraud Prevention Division P.O. Box 82089 Lincoln, NE 68501
Determining Your Car Insurance Rates
Insurance companies consider certain factors when calculating Nebraska car insurance premium. Some of the factors they use include:
- Your driving record
- Your car insurance claim history
- Your gender
- The make and model of your car
- Your age
- Your marital status
- Your credit history.
You can save on car insurance by taking advantage of the following car insurance discounts:
- Good student discount
- Good driver discount
- Multi-policy discount
- Safety device discount
- Anti-theft device discount.
In fact these discounts can save you a lot of money, but the best way to get low cost insurance premiums is by keeping a clean driving record.
Most Stolen Cars in Nebraska
Having a car that is always targeted by thieves may increase the cost of your insurance rates. According to www.nicb.org, the 2013 list of the most stolen car in Nebraska include:
- Honda Accord and Honda Civic
- Chevrolet Pickup (Full Size)
- Ford Pickup (Full Size)
- Jeep Cherokee/Grand Cherokee
- Dodge Pickup (Full Size)
- GMC Pickup (Full Size)
- Ford Explorer
- Chevrolet Pickup (Full Size)
- Chevrolet Impala.