Cheap Auto Insurance for Drivers Requiring a SR22 in Nebraska

The words “cheap” and “insurance” really shouldn’t be used in the same sentence, in particular when searching for the best insurance rates for drivers requiring a SR22. To help control this cost, let’s start off by going over a few of the factors that have an effect on car insurance prices, and come up with some ways to reduce the price of the next policy you buy.

One of the more important considerations that helps insurance companies calculate the price of your policy is where your car is garaged in Nebraska. Areas with high crime rates or more dense population like Scottsbluff, Gering, and North Platte tend to pay more, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower rates.

The following table sorts the most expensive areas in Nebraska for drivers requiring a SR22 to purchase auto insurance in.

Premium amounts are approximated as specific Nebraska garaging address can influence premium rates considerably.

The make and model of vehicle you are seeking coverage for is a large factor when comparison shopping for the best cheap insurance for drivers requiring a SR22. Vehicles with lower performance, advanced safety features, or a low likelihood of liability claims will cost quite a bit less to insure than high performance models.

The next table ranks coverage costs for the most budget-friendly vehicles to buy coverage for.

Above prices assume single female driver age 30, two speeding tickets, two at-fault accidents, $500 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, and homeowner. Rate quotes do not factor in specific garaging location which can alter prices significantly.

Looking at the rates, models like the Ford Escape, Honda Accord, Toyota Prius, and Honda CR-V should be a few of the more affordable vehicles to insure for high risk drivers. Car insurance rates will trend higher because of the fact that there is more liability risk for drivers requiring a SR22, but generally speaking those makes and models will probably have the best insurance prices possible.

Deciphering which insurers offer the cheapest car insurance rates for drivers requiring a SR22 requires more work in order to find the best price.

Every insurance provider has a proprietary formula to establish rates, so we’ll take a look at the car insurance companies that tend to have lower prices in Nebraska. It’s a good idea to know that Nebraska car insurance rates are impacted by many factors which can substantially change the price you pay for coverage. Improving your credit score, buying a different vehicle, or having a fender bender may cause policy rate changes that can now make some companies more affordable than the competition.

Lowest Insurance Price Quotes for SR22 Drivers

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Safeco normally has some of the best car insurance rates in Nebraska at around $804 each year. The Hartford, Auto-Owners, Allied, and Farmers Mutual of Nebraska would also make the list of some of the cheapest Nebraska car insurance companies.

As the rates illustrate above, if you are a customer of Allied and switched to Safeco, you might realize an annual savings of in the vicinity of $135. Insureds with Farmers Mutual of Nebraska could save as much as $185 a year, and Farm Bureau Mutual insureds might realize rate reductions of up to $206 a year.

Understand that those policy prices are averaged across all types of drivers and the different vehicles they drive and do not factor in a rate increase for drivers requiring a SR22. So the auto insurance company that is best suited for you may not even be shown in the rate chart shown above. That illustrates why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.

Impact of speeding/accidents on car insurance rates

The best way to get the most affordable car insurance rates for high risk drivers is to be a good driver and avoid accidents and violations. The information below highlights how traffic violations and accident claims can affect auto insurance rates for different ages of insureds. The data assumes a married male driver, full physical damage coverage, $250 deductibles, and no policy discounts are applied.

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In the prior example, the average cost of car insurance in Nebraska per year with no accidents and a clean driving record is $1,492. Get two speeding tickets and the average cost jumps to $2,061, an increase of $569 each year. Now include one accident along with the two speeding tickets and the 12-month cost of car insurance for drivers requiring a SR22 goes up to an average of $2,631. That’s an increase of $1,139, or $95 per month, just for a couple of infractions!

How to get cheap car insurance for drivers requiring a SR22 in Nebraska

Here are a few money-saving ideas that can help Nebraska drivers locate cheaper auto insurance.

• Do not get into accidents that are your fault
• Vehicles with safetly features generally cost less to insure
• Frequent claims will increase rates
• Do not get traffic tickets
• Bundle home or renters insurance to earn a discount on car insurance
• Compare rates regularly and switch companies to save money

The last idea is very crucial, as was discussed in the prior article. Auto insurance rates can change significantly in a year, so don’t hesitate to switch companies if a more affordable price is available.

Being loyal to a particular company is commendable, but we do not recommend it if that faithfulness ends up costing you money that could be used for better things. It only take a few minutes to compare prices to find cheaper insurance for drivers requiring a SR22.

Cheap insurance quotes for high risk drivers

Thanks to technology, there are a lot of ways to quote and buy car insurance in Nebraska, but the most popular methods are using an independent insurance agent, a captive (or exclusive) agency like Allstate or Auto-Owners, or from a direct company like Progressive or Geico. They all follow the same basic process, but each is different in how they provide price quotes.

Independent insurance agencies have contracts with multiple insurance companies and can do rate comparisons with all of them. These agents are not restricted to one company and can give you a larger rate selection, which may provide you with more bang for your buck. If you want to switch companies, your policy can be easily switched to a different company and you do not have to find a new agent.

A captive, or exclusive, agent is only able to write business for just one company, examples being an Auto-Owners or State Farm agent. Exclusive agents cannot give you multiple price quotes, so drivers will want to get other quotes as well.

If you want to buy car insurance direct, you bypass an independent or exclusive agent and instead buy from a direct company like Progressive. This car insurance option is a good choice for families who have an average risk profile and have some degree of understanding of how their policy works.

What is the best method for finding cheap car insurance for drivers requiring a SR22 in Nebraska? We’d like to say shopping direct yields the cheapest rates because there isn’t an agent involved, but that is generally not the case. And we’d like to say going through an independent agent guarantees the lowest rates because they can quote many companies, but that assumption is also not accurate. In some circumstances, exclusive agents may have prices that other car insurance companies cannot touch.

Since car insurance prices vary so much, really the only way to get the cheapest rates is to do a thorough rate comparison. To find the best rates, be sure to get quotes from all three types in order to be able to find the lowest price. To see some of the cheapest online companies available, click here to view.