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Required Nebraska Car Insurance Coverage and Responsibility

Posted: 26 Sep 2011 04:53 PM PDT

Nebraska state seal Motorists in the Cornhusker State are required to be financially responsible for any property damage and/or bodily injury caused to a third party as a result of a traffic accident. Drivers in NE have a few ways to choose from in order to be in compliance with the state’s financial responsibility laws. A motorist may obtain a cash bond in the amount of $75,000 by submitting a certified check, bank draft, or money order in said amount. Certain vehicle owners may be able to provide a certificate of self insurance, but to qualify a person must own more than twenty-five cars.

Although these options exist, the majority of motorists in the state choose to what is considered by many as the most practical way of complying with the law and purchasing a Nebraska auto insurance policy. Not many drivers have the luxury of being able to deposit $75,000 or own twenty-five automobiles. In order to be in compliance, a policy must be purchased from a licensed insurer and contain liability coverage with limits of no less than $25,000 for the bodily injury of one person per accident, $50,000 for the bodily injury of two or more people per accident and $25,000 for property damage per accident.

Additional Coverage and Staying on Top of NE Insurance Policies

Consumers should be aware that with the financial responsibility laws with does not include any compensation to the policyholder should an accident occur. In order to do so, motorists would need to purchase additional forms of auto insurance coverage. In order to cover a vehicle for physical damage a motorist would need to obtain comprehensive and collision coverage. Additionally, should a motorist suffer bodily injuries in a traffic collision they will have no protection in place unless they have a healthcare plan, the other party is at-fault and insured, or they obtain an add-on to their policy that will pay for such injuries.

Nebraska’s motorist should also be sure to stay on top of their automobile policies with periodic check ups on coverage, rates and needs. According to the Nebraska Insurance Tips For The Consumer this should be done at least on an annual basis and when the insured has experienced a life change such as buying a new car or getting married. In many instances, newlyweds can save quite a bit of money by combining policies since insurers view married couples as a lower risk to insure than singles and also taking advantage of discounts such as the multi-car and multi-lines. In addition, periodically comparing quotes can also lead motorists to a cheaper rate since premiums change over time and as driver’s gain more experience there may be a cheaper company available that was not before.

Source: http://www.onlineautoinsurance.com/nebraska/

Connecticut Auto Insurance Price Comparison

Posted: 26 Sep 2011 11:39 AM PDT

Connecticut auto insurance

Buying auto insurance typically involves more than just shopping, but also multiple comparisons to ensure that a policy provides adequate coverage. Driving in Connecticut without a policy is not only illegal, but can lead to expensive consequences in the form of repair and medical costs after being involved in an accident. When shopping for a plan, one of the first comparisons that a motorist is encouraged to make is one that involves rates. Often premiums can differ based on the insurer and exploring the price differences can potentially lead to a cheaper policy. It's also usually beneficial to investigate the different types of coverage that is available. Although having a minimal amount of protection could mean a smaller premium, buying a more comprehensive plan can often save a vehicle owner from having to make large payments being involved in a car crash.

There are over 2,916,000 licensed drivers in the Constitution State, and nearly each one has a distinctive level of experience and a different probability of being involved in an accident. Because Connecticut auto insurance companies usually base premiums off of these details, rates can be different for nearly any motorist that requests a quote. This often means that comparing a variety of quotes can also help a vehicle owner find the cheapest rates in the state. Instead of exploring the phone book and calling several insurers directly, residents can use the Internet to see possibly dozens of estimates at once in a matter of minutes. Because there are many different details to compare before buying a policy in CT, being able to evaluate the price of a plan in a brief amount of time can be extremely helpful.

Compare CT Auto Insurance to Save

The amount of coverage that a person buys can make a big difference in a person's premium and the amount of money a policyholder may pay after an accident. Connecticut motorists are already required to carry liability coverage with additional uninsured/underinsured motorist protection, but this usually only covers the cost of being at-fault for an accident. After a crash there can be numerous expenses that can quickly add up if a motorist does not have the property protection. Drivers are urged to consider adding coverage that extends beyond basic liability and to include this additional coverage when completing a quote comparison to receive accurate estimates. Often evaluating the prices of more comprehensive policies can lead to greater coverage that comes with a lower premium.

According to the CT Department of Public Health Year 2009 Connecticut Hospitalizations can be fairly expensive. Studies show that the average charge for a hospital stay was roughly $19,737 (unadjusted for inflation) which can be costly for someone without adequate insurance. Including Medical Payment coverage to a policy can help cover many of these costs. Unfortunately vehicle crashes are not uncommon in the Constitution State, and automobile repairs can be potentially expensive as well. Including comprehensive and collision coverage into a policy can help decrease the chances of having to pay for repairs after damage has been done to a policyholder's vehicle. It is essential for residents to take these details into consideration, and compare the potential costs of a policy before making a purchase to get a suitable level of protection at an adequate price.

Source: http://www.onlineautoinsurance.com/connecticut/