Best cheap car insurance in Omaha
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The average cost of full coverage insurance in Omaha is $1,598 per year, or $133 monthly, while minimum coverage rates average around $449. These rates are below the national average, but drivers in Omaha may still be looking for further ways to save with the best, cheap car insurance and Bankrate is here to help.
USAA, Auto-Owners, State Farm, Progressive and Farmers provide the cheapest average car insurance rates in Omaha based on data analyzed from Quadrant Information Services. But when shopping for the best cheap car insurance, drivers may have other requirements in mind in addition to finding affordable rates.
Best cheap car insurance companies in Omaha
The three companies offering the most affordable average car insurance rates in Omaha among the companies we analyzed are USAA, Auto-Owners and State Farm. Bankrate uses rate data, along with coverage options, third-party ratings, discounts and other factors to assign a Bankrate Score. These scores are based on a five-point scale and provide a snapshot of how an insurance provider might appeal to a car insurance shopper beyond premiums alone.
|Insurance company||Bankrate Score||J.D. Power score (Central region)||Average annual premium for full coverage||Average annual premium for minimum coverage|
|Auto-Owners||4.5||821 / 1,000||$1,110||$210|
|USAA||4.7||879 / 1,000*||$1,116||$277|
|Farmers||4.2||828 / 1,000||$1,379||$572|
|State Farm||4.6||843/ 1,000||$1,530||$369|
*Not eligible for official ranking due to eligibility restrictions.
Auto-Owners is known for its affordable rates, excellent customer service and great discounts. Omaha drivers can take advantage of discounts for paying your premium on-time, bundling your policies, paying in full, getting a quote in advance and being claims-free. Auto-Owners also has several discounts specifically for student drivers, but its mobile app receives poor ratings (3.0 out of 5 on Apple and 3.3 out of 5 on Google Play).
Learn more: Auto-Owners Insurance review
USAA only sells insurance policies to active duty and retired military personnel and their eligible family members, which limits access for many, but the company is highly-rated by J.D. Power. USAA offers cheap average rates in Omaha, in addition to great customer service and generous savings opportunities. There are discounts for safe drivers, good students, taking a defensive driving course, driving under a certain annual mileage, garaging your vehicle on base, insuring multiple vehicles and more.
Learn more: USAA Insurance review
Farmers is one of the more expensive options on our list for cheap car insurance in Omaha, but it is still below the city average and stands out for more than its rates. The company offers a wide variety of coverage options, like loss of use coverage, gap insurance, Guaranteed Value™ coverage, customized equipment coverage, full windshield and glass coverage, OEM coverage and more. Farmers also has a safe driver discount program, called Signal, which can help you save up to 20% on your premium.
Learn more: Farmers Insurance review
State Farm is the largest car insurance provider in the country, with 16.1% of the total market share. While the policy customization options are more limited compared to other providers, State Farm offers a variety of discounts, including two app-based safe driver savings programs, Steer Clear for drivers under 25 and Drive Safe & Save for drivers over 25. In addition, State Farm sells roadside assistance, rideshare insurance and rental car reimbursement for Omaha drivers who need more coverage than their basic policy provides.
Learn more: State Farm Insurance review
Omaha insurance requirements
Car insurance in Omaha is a requirement for any driver that owns a registered vehicle. Drivers must carry at least 25/50/25 personal liability and uninsured/underinsured motorist insurance, which includes the following coverage:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
- $25,000 uninsured motorist bodily injury per person
- $50,000 uninsured motorist bodily injury per accident
- $25,000 underinsured motorist bodily injury per person
- $50,000 underinsured motorist bodily injury per accident
Minimum coverage insurance is the cheapest policy available in Omaha. However, spending more for a full coverage policy might be worth the added cost to protect your finances. Full coverage insurance offers higher potential liability limits in the event of an accident, plus it covers your vehicle. Drivers who lease or finance their car are often required to carry full coverage insurance until their loan is repaid.
How to get and keep the cheapest car insurance in Omaha
Finding the cheapest car insurance in Omaha may be one task on your financial to-do list, but keeping the great rates once you lock them in is another. Keep the following in mind as you try to maintain affordable rates for car insurance.
- Compare multiple providers. Not only is comparing quotes from multiple providers something every driver should do to save the most money on a brand new policy, but it is an ideal way to save at any time. Shopping around shows you how much the rates can vary from one provider to another — and possibly save you money by switching.
- Keep a clean driving record. Not only does maintaining a clean driving record keep you and others safe on the road, it helps you save money too. A clean driving record may give you access to additional discounts and helps you possibly qualify for the lowest rates offered by the provider.
Frequently asked questions
The best car insurance company is different for every driver. It depends on personal criteria, like your budget, the type of coverage you need and what discounts you can qualify for. Spend some time researching insurance providers and comparing quotes to figure out which company can offer you the lowest rate for the type and amount of coverage you want.
The average cost of car insurance in Omaha is $1,598 for a full coverage policy and $449 for a minimum coverage policy. Car insurance quotes in Omaha are more expensive than the average rate in Nebraska but are cheaper than the United States national average rate, which is currently $1,771 per year for full coverage.
Drivers in Omaha are required to carry at least 25/50/25 personal liability and uninsured/underinsured motorist insurance. However, many drivers upgrade to a full coverage policy, which includes coverage for their vehicle. Insurance companies also recommend that most drivers increase their coverage limits to get more financial protection in the event of an at-fault accident in Nebraska.
You can use Bankrate’s exclusive search tool to find and compare auto insurance quotes from today’s top providers. Once you are ready to purchase a policy, there is some information that you will need to provide to finalize the policy. Have your vehicle identification number (VIN), driver’s license and social security number ready.
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.