Best cheap car insurance in Omaha

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The average cost of car insurance in Omaha is $1,594 per year for full coverage and $485 per year for minimum coverage. Although those rates are cheaper than the national average cost of car insurance, it is still important to find the cheapest car insurance given the number of accidents each year. In 2019, there were 13,339 car accidents in Douglas County, where Omaha is located.

Using Bankrate’s proprietary methodology, we use the latest rates and data to identify the best car insurance companies based on factors like average annual premium, coverage options and discounts available. This is the best cheap car insurance in Omaha in 2021.

Best car insurance companies in Omaha

The best car insurance companies in Omaha have below-average rates, good policy options, generous discounts, impressive third-party ratings in J.D. Power’s 2021 U.S. Auto Insurance Study for overall customer satisfaction and claims handling, plus strong financial stability. These are the best car insurance companies for drivers in Omaha:

Insurance company J.D. Power customer satisfaction score
(central region)
Average annual premium for minimum coverage Average annual premium for full coverage
Auto-Owners 845 / 1,000 $362 $1,354
Farmers 848 / 1,000 $594 $1,393
Progressive 837 / 1,000 $531 $1,691
State Farm 847/ 1,000 $498 $1,519
USAA 897 / 1,000 $340 $1,123

Auto-Owners

Auto-Owners ranks above average for overall customer satisfaction in J.D. Power’s rankings for the Central region. The company 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.

Farmers

Farmers is one of the cheapest options for car insurance in Omaha, but it stands out for more than affordable 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.

Progressive

Progressive’s car insurance policies are slightly more expensive than the average rate in Omaha. However, Progressive offers an impressive lineup of discounts, coverage options and online tools. You can enroll in the Snapshot safe driver program to save an average of $145 on your premium and use the Name Your Price Tool to find policies within your price range. Progressive also offers some unique coverages, like custom parts and equipment coverage, and rideshare insurance.

State Farm

State Farm is the largest car insurance provider in the country, with 16.1% of the total market share. 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.

USAA

USAA only sells insurance policies to active duty and retired military personnel and their eligible family members, but the company is highly rated. USAA offers cheap rates in Omaha, in addition to great customer service and generous savings opportunities. Drivers who switch to USAA save an average of $707 per year on their car insurance. 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.

Cheapest car insurance in Omaha

The average cost of car insurance in Omaha is slightly more expensive than the average rate in Nebraska. For comparison, the average Nebraska driver pays $1,518 for full coverage insurance and $321 for minimum coverage insurance. Car insurance in Nebraska is cheaper than the United States national average rate, which is $1,738 for full coverage and $563 for minimum coverage.

Car insurance premiums in Omaha vary by company, in addition to other factors, like your age and credit score. The table below includes the cheapest car insurance options in Omaha from the most popular providers based on market share:

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $340 $1,123
Auto-Owners $362 $1,354
Nationwide $407 $1,213
State Farm $498 $1,519
Progressive $531 $1,691

Drivers who are looking for the cheapest car insurance in Nebraska should start by researching these providers. But when choosing a car insurance company, it is important to look beyond price. For example, USAA offers the lowest premiums, but you have to qualify for coverage. Nationwide’s average premium is slightly more expensive, but anyone can buy a policy.

In terms of discounts, these companies are mostly equal. When it comes to coverage, however, these providers differ. For instance, State Farm and USAA offer fairly limited coverage. Progressive or Auto-Owners would be a better option for drivers who want to customize their policy with add-ons.

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 in bodily injury coverage per person
  • $50,000 in bodily injury coverage per accident
  • $25,000 in property damage coverage per accident

Minimum coverage insurance is the cheapest policy available in Omaha. However, spending more for a full coverage policy is worth the added cost. Full coverage insurance offers more protection in the event of an accident, plus it protects your vehicle. Drivers who lease or finance their car are often required to carry full coverage insurance until their loan is repaid.

Car insurance discounts in Omaha

Most companies in Omaha offer car insurance discounts to help drivers get a lower premium. Every provider offers different discounts, but here are some of the most common ones available in Omaha:

  • Good student discount: High school and college students who maintain a minimum GPA can often qualify for a discount on their car insurance.
  • Claims-free discount: Safe drivers who have no insurance claims on their record within the last several years usually get a lower premium.
  • Pay in full discount: Drivers who pay their annual premium upfront and in full can get a cheaper insurance rate.
  • Multi-policy discount: Most insurance companies offer a generous multi-policy discount if you bundle two or more insurance policies with the same provider.

Frequently asked questions

What is the best car insurance company?

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.

How much does car insurance in Omaha cost?

The average cost of car insurance in Omaha is $1,594 for a full coverage policy and $485 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.

How much car insurance do I need in Omaha?

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.

What do I need to buy car insurance in Omaha?

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.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. 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 coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.

Written by
Elizabeth Rivelli
Insurance Contributor
Elizabeth has two years of experience writing for insurance domains such as Bankrate.com, The Simple Dollar, Coverage.com and NextAdvisor, among others. In addition to auto insurance, Elizabeth regularly writes about home insurance, renters insurance and life insurance. She also covers industry trends and general insurance education.
Edited by
Insurance Editor