State Farm® Adjusts Nebraska Auto Insurance Rates
Lincoln, NE (March 20, 2015) – State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Nebraska and in the nation, is raising its overall rate level in Nebraska an average of 3.9% effective April 6, 2015.
After this rate change is implemented, the overall rate level of State Farm in Nebraska will be one percent lower than it was 11 years ago.
Premiums for liability, medical payments, and comprehensive coverages are increasing while the costs for collision coverage will go up for some and down for others.
The comprehensive coverage pays for losses from such perils as theft, storm damage, fire, vandalism, and glass breakage.
Overall premium changes for individual motorists will vary depending on factors such as the coverages they carry, the discounts for which they qualify, where they live, the kind of car insured, who drives it, and how much it is driven.
About one in every four cars insured in Nebraska is insured by State Farm.