The State of Nebraska along with the rest of United States has loads of Auto Insurance Policies. Among them the most used ones are

- FULLY COMPREHENSIVE AUTO INSURANCE: This type of Auto Insurance is extremely expensive but with the majority of cars being financed by finance companies, it becomes a very common type of auto insurance. Most finance companies make it a mandate for the owner to insure their automobiles through this scheme only. The name wraps it beautifully. This insurance is comprehensive and insures you car against all events. The best part of this insurance is that we do not have to show fault to claim insurance. So, if the accident is not your fault then you get complete coverage and you can claim against the insurance company. Even if the car is stolen this type of insurance allows you to get necessary compensation or coverage. But be aware of the clause in the insurance policy which states that only 80% f the value of the car will be insured as opposed to a 100%. This is to prevent frauds and scams from taking advantage of the scheme and also to make sure that the owner is not doing this to get rid of his/her losses.

- THIRD PARTY, FIRE & THEFT: In this type of insurance, almost all the pay-out events under the first type are covered, this includes fire and theft. But in the event of an accident, an insurance company is only required to pay if you are at fault of hitting another automobile and the owner of that vehicle is claiming damages. In the same way, if you are not at fault, then the insurance company will not be required to compensate you regardless of the other person's financial standing.

- THRID PARTY INSURANCE: This type of Insurance is useful only if you are at fault and injure another party. It covers only such circumstances. In other events the Automobile Insurance Company has no legal obligation towards making a payment. People who have old cars where the value of the car is considerably reduced use this type of insurance since it is the cheapest type there is. It is a very basic type of insurance.

- SPECIALIZED CAR INSURANCE: This insurance is mainly reserved for classic cars. By definition classic cars are cars which are over 25 years old. This car insurance is almost as good as the fully comprehensive insurance as far as benefits are concerned. But the main disadvantage is that according to the fine print in the policy you can only drive a limited number of road miles in a given year. The declaration on the number of miles is based on the condition of the car at the time and other factors.

These insurance policies lay in the broadest categories. Over the years other companies have also come up with accident specific insurances. These insurances are generally taken by a very few people since the majority decide to either take the first or the second insurances.