As a Nebraska driver, you may wonder if full coverage auto insurance is worth the investment. After all, it can be expensive. But there are some definite benefits to having full coverage insurance, especially if you live in Lincoln. Here are just a few of the advantages of full coverage auto insurance in Lincoln:
You Have a Vehicle Loan
If you have a loan on your vehicle, your lender will require you to have full coverage insurance. This is because they want to make sure you protect their investment in case of an accident. Full coverage auto insurance will pay for damages to your car no matter who is at fault in an accident. This can be a tremendous relief if you are ever in an accident and your vehicle is totaled.
You Have a Lease
If you lease your vehicle, you will also be required to have full coverage insurance. Like with a loan, your leasing company wants to make sure they protect their investment in case of an accident. Like a comprehensive auto loan policy, full coverage auto insurance will pay for damages to your car no matter who is at fault in an accident.
A Brokers Insurance Agency representative can help you find the best full coverage insurance policy to meet your needs and budget.
You Drive in Hazardous Conditions
You know our winters can be brutal if you live in Lincoln, NE. And even though we don’t get a lot of snow, the roads can still be icy and dangerous. If you have full coverage auto insurance, you will be covered if you have an accident, even due to weather. This can give you peace of mind when driving under hazardous conditions.
A Brokers Insurance Agency representative can help you find the best full coverage insurance policy to meet your needs and budget. Contact us today for a quote.
Auto Insurance Tips for New Drivers in Lincoln, NE
Whether it’s your first or 50th car, you need to seriously consider buying adequate car insurance to protect you financially in case of accidents. However, before settling for any policy in Lincoln, NE, Richards Insurance Agency recommends learning a few buying tips to get the most out of your policy. Here are a few tips to get you started.
With so many insurance companies coming up, don’t just pick the big names, especially if you’re a new driver. Walk around and enquire from different companies to compare quotes. Many companies often welcome new drivers by giving them offers. While your rates will definitely be higher, you can still secure a good deal with your budget. Don’t forget to ask about offers, terms, and other requirements.
Study Your Policy
Before signing any document, make sure you understand everything written on your policy. If you have challenges with auto insurance jargon, an insurance agent should help explain to you what is not clear. Learn how the policy works, your coverages, limits, and the process of filing insurance claims and other insurance laws in Lincoln, NE.
Determine Your Insurance Needs
The Nebraska law requires you to carry minimum property damage and bodily injury liability, but that doesn’t mean you stop there. What happens when you are hit by an insured driver? You will probably need other coverages to protect you while on the roads, such as collision coverage and medical payments coverage.
Have a Safe Vehicle
Your insurance company will want to know everything about your car. The model, age, body, and engine size determine whether your premiums will go up or down. Therefore, be sure to get a safe accident-free vehicle.
For more information about auto insurance buying tips, contact Richards Insurance Agency.
The state of Nebraska requires drivers to carry basic liability insurance. They mandate that you have $25,000 in personal injury or death for each person in an accident with a total of $50,000 per accident. Additionally, you must have $25,000 for damage to personal property. This is a fundamental amount of coverage. If you lease a vehicle or have an auto loan, your lender or lessor will require that you have additional coverage to protect the car that they have a vested interest in. When it comes to covering your vehicle, it is good to have an agent to discuss what is important to you. The Richards Insurance Agency in Lincoln, NE will be here for you when you are ready to discuss what coverage you want and need.
As to why you should carry collision and comprehensive auto insurance, it covers your vehicle in the event it is damaged or stolen. If your car has significant value or is valuable enough that it would be hard for you to replace it out of your own pocket, having this kind of coverage makes all the difference. Most people count on their vehicles to do pretty much everything. Unless you live downtown in a city, it can be challenging to get to work, go shopping, and to do all the things one normally does every day. The cost of auto repairs can be quite prohibitive, and have the cash or credit available can be difficult.
If your vehicle is damaged, you will be provided with a rental car until the repairs have been completed. This can make going about the business of daily life much more comfortable and convenient—another good reason to carry collision and comprehensive coverage.
If you would like to discuss your auto coverage, The Richards Insurance Agency in Lincoln, NE is looking forward to helping you. Call our office or stop by and we will provide a no-obligation quote.
Do you want to know how you can save money on auto insurance in Lincoln, NE? There are many tricks and tips for you to do just that. A reputable insurance company like Richards Insurance Agency can help you understand how it all works.
Give Complete Information
When you fill out an online form or call to get a quote, make sure you’re giving all the information needed and that it is correct. Your premium quote will reflect the details you provide so you don’t want to do it halfway.
Establish Solid Credit History
Insurance agencies often use credit information in order to determine the price of an auto insurance policy. Since research tends to show that individuals who manage their credit well have fewer claims, do your best to have a good credit rating. It’s in your best interest to check your record often. If you see any errors, correct them right away.
Ask About Discounts
Though not every company offers insurance discounts and not at all times, it’s a good idea to check anyway. You may find that the agency has discounts for a good student driver under the age of 25 if there are two or more drivers on the policy, and if you have home insurance or some other type of insurance bundled together with your auto insurance.
Keep Your Driving Record Clean
Many companies charge lower insurance rates to people who are considered safe drivers, that is they have no violations or at-fault accidents. There are different guidelines within each insurance agency to determine the price in this instance.
If you’re hesitant to ask these questions and want to find out if you qualify for a lower insurance rate, contact Richards Insurance Agency today. An agent can discuss if you’re eligible for a lower rate based on certain circumstances for your Lincoln, NE insurance.