Searching for low-cost insurance rates in Hastings, NE? Trying to find cheap insurance can seem to be nearly impossible for drivers not familiar with shopping for insurance online. When there are so many insurance companies available, it can easily become a challenge to find the best price in Nebraska on insurance.
Remarkably, a study showed that a large majority of insurance policyholders have bought insurance from the same company for four years or more, and almost half have never shopped around. The average driver in Nebraska could save 30% a year just by getting comparison quotes, but they underestimate the benefits if they bought a different policy.
You need to do rate comparisons before your policy renews because insurance rates trend upward over time. If you had the lowest premium rates on insurance a few years ago you can probably find a better price now. Forget anything you know (or think you know) about insurance because you're about to learn the only way to lower your rates without sacrificing coverage.
Quote cheap auto insurance with these tips
Many things are part of the calculation when quoting car insurance. Most are fairly basic such as your driving record, although others are more obscure such as your credit history or how safe your car is.
Shown below are most of the major factors utilized by car insurance companies to help set your rates.
Costs may be higher where you live - Being located in less populated areas of the country is a positive aspect when shopping for auto insurance. People who live in big cities regularly have more aggressive driving styles and higher rates of accident claims. Less people living in that area means a lower chance of having an accident as well as less vandalism and auto theft.
Extra coverages that aren't used - There are quite a few extra bells and whistles that sound like a good idea at the time if you don't pay attention. Things like rental car coverage, towing, and membership fees are examples of these. They may sound like good ideas when discussing your needs, but your needs may have changed so remove them from your policy.
Does auto insurance cost more for males? - The statistics show that men are more aggressive behind the wheel. However, this does not mean females are better drivers. They both have auto accidents in similar numbers, but the males cause more damage. Men also get higher numbers of serious violations such as DWI and reckless driving. Young men ages 16 to 20 generally have the highest accident percentage and thus pay the highest rates.
Does your job raise your rates? - Do you work in a high-stress field? Careers like judges, architects and accountants are shown to have higher average rates in part from job stress and long work days. Other occupations such as farmers, students and the unemployed get better rates.
Higher coverage deductibles lower costs - Your deductibles are the amount of money you are required to pay before a claim is paid by your company. Insurance for physical damage to your car, also known as collision and other-than-collision, protects your car from damage. Examples of covered claims could be collision with another vehicle, hail damage, and damage caused by road hazards. The higher the amount the insured has to pay upfront, the less money you will pay for auto insurance.
Compare quotes for Hastings insurance
To get the cheapest Hastings auto insurance quotes, there a variety of ways of comparing rates from different companies. The easiest way to compare rates is to use the internet to compare rates.
It's important to know that comparing more quotes helps increase your odds of locating a lower rate than you're paying now. Not every company allows you to get quotes online, so it's necessary to compare prices from them as well.
The providers in the list below provide quotes in Hastings, NE. If the list has multiple companies, we recommend you visit several of them to get a more complete price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado Crew Cab Hybrid 2WD||$1,204||$602||$100|
|Dodge Grand Caravan Hero||$906||$453||$76|
|Dodge Ram Quad Cab ST 2WD||$1,032||$516||$86|
|Ford Edge SE AWD||$962||$481||$80|
|Ford Escape XLT 4WD||$766||$383||$64|
|Ford Explorer Eddie Bauer 2WD||$828||$414||$69|
|Ford F-150 XLT Crew Cab 4WD||$1,222||$611||$102|
|Ford Focus S 4-Dr Sedan||$926||$463||$77|
|Honda Accord LX-P 4-Dr Sedan||$900||$450||$75|
|Honda CR-V EX 4WD||$820||$410||$68|
|Honda Civic SI 2-Dr Coupe||$1,084||$542||$90|
|Hyundai Elantra GLS Touring Station Wagon||$672||$336||$56|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$1,120||$560||$93|
|Kia Optima LX||$954||$477||$80|
|Nissan Altima 2.5 4-Dr Sedan||$946||$473||$79|
|Toyota Camry LE||$774||$387||$65|
|Toyota Corolla XRS||$1,130||$565||$94|
|Toyota RAV4 2WD||$946||$473||$79|
|Toyota Tacoma 4WD||$660||$330||$55|
|Get Your Own Custom Quote Go|
Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Premium costs do not factor in specific location information which can influence premium rates noticeably.
Can higher deductibles save money?
One of the more difficult decisions when buying auto insurance is how high or low should comp and collision deductibles be. The comparisons below summarize the cost difference between high and low policy deductibles. The first pricing table uses a $250 deductible and the second pricing table uses a $500 deductible.
Chevrolet Malibu rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Rate quotes do not factor in specific location information which can impact price quotes noticeably.
Using the premium rates above, we can conclude that using a $250 deductible will cost you approximately $13 more each month or $156 a year than quoting the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you go at least 19 months between claims, you would save money if you opt for a higher deductible.
How to determine if raising deductibles makes sense
|Average monthly premium for $250 deductibles:||$91|
|Average monthly premium for $500 deductibles (subtract):||- $78|
|Monthly savings from raising deductible:||$13|
|Difference between deductibles ($500 - $250):||$250|
|Divide difference by monthly savings:||$250 / $13|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||19 months|
One thing to note is that higher deductibles results in a higher out-of-pocket expense when you have to file a claim. You should have enough money stashed away in the event you have to pay the deductible.
Auto insurance is not optional in Nebraska
Despite the high insurance cost in Hastings, buying auto insurance is mandatory in Nebraska but it also protects more than you think.
First, just about all states have minimum mandated liability insurance limits which means you are required to carry a specific level of liability coverage in order to get the vehicle licensed. 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.
Second, if you took out a loan on your vehicle, almost every bank will stipulate that you buy full coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the lender may have to buy a policy to insure your vehicle for a much higher rate and make you pay for the expensive policy.
Third, insurance protects not only your vehicle but also your assets. It also can pay for all forms of medical expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, also pays for attorney fees and expenses if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will cover the repair costs.
The benefits of having insurance more than offset the price you pay, especially for larger claims. Despite what companies tell you, the average driver is currently overpaying as much as $750 every year so it's important to compare rates at every renewal to ensure rates are competitive.
Get affordable rates on insurance with these insurance discounts
Some insurance providers don't always publicize every possible discount in an easy-to-find place, so the following list contains both the well known and the more hidden savings tricks you should be using when you buy Hastings auto insurance online.
- Braking Control Discount - Cars with ABS and/or traction control are safer to drive so you can save 10 percent or more.
- Government Employees - Employees or retirees of the government can save as much as 8% with some insurance companies.
- Multi-Vehicle Discounts - Having more than one vehicle with the same insurance company can reduce the rates for all insured vehicles.
- Defensive Driver Discount - Passing a course that instructs on driving safety could earn you a small percentage discount and make you a better driver.
- Good Student - Excelling in school can save 20 to 25%. Most companies allow this discount up until you turn 25.
- Switch and Save Discount - Some companies provide a discount for switching policies prior to your current policy expiring. This discount can save up to 10%.
- Auto/Home Discount - If you have multiple policies and insure them both with the same insurance company you could earn a discount of up to 20% off your total premium.
- Air Bags and Passive Restraints - Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
Keep in mind that most discount credits are not given to all coverage premiums. A few only apply to the price of certain insurance coverages like liability and collision coverage. So when it seems like adding up those discounts means a free policy, insurance companies aren't that generous.
A partial list of companies that may offer quotes with these discounts include:
Double check with each company how many discounts you can get. Some discounts listed above may not be available in every state.
Insurance can get complicated
When it comes to choosing a policy for your vehicles, there isn't really a "best" method to buy coverage. Every situation is different.
For example, these questions could help you determine if your situation would benefit from professional advice.
- Is pet coverage available?
- Are my friends covered when driving my car?
- Do I have coverage when making deliveries for my home business?
- Is my cargo covered for damage or theft?
- What discounts do I qualify for?
- Should I file a claim if it's only slightly more than my deductible?
- Are rock-chip repairs free?
If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don't have a local agent, complete this form.
The most affordable rates come from being thorough
As you prepare to switch companies, don't be tempted to reduce needed coverages to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits and found out when filing a claim they didn't have enough coverage. Your focus should be to get the best coverage possible at a price you can afford while still protecting your assets.
Throughout this article, we presented some good ideas how you can save on car insurance in Hastings. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may even discover the most savings is with a smaller regional carrier.
The cheapest car insurance in Hastings is definitely available on the web and also from your neighborhood Hastings agents, and you need to price shop both so you have a total pricing picture. Some car insurance companies do not provide internet price quotes and many times these small insurance companies only sell coverage through independent agents.
To read more, link through to the resources below:
- Auto Insurance 101 (About.com)
- Who Has the Cheapest Car Insurance for Drivers Under 25 in Nebraska? (FAQ)
- What Car Insurance is Cheapest for a Chevrolet Equinox in Nebraska? (FAQ)
- What Car Insurance is Cheapest for College Students in Nebraska? (FAQ)
- Who Has the Cheapest Nebraska Auto Insurance for Homeowners? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Drivers Under 21 in Nebraska? (FAQ)
- What Auto Insurance is Cheapest in Alliance, Nebraska? (FAQ)
- What is the Best Auto Insurance in Bellevue, Nebraska? (FAQ)
- Distracted Driving Statistics (Insurance Information Institute)
- Five Steps to Filing an Auto Insurance Claim (Insurance Information Institute)