Who Has the Cheapest Auto Insurance Rates in Omaha, NE?
Who Has the Cheapest Auto Insurance Rates in Omaha, NE?
Find Cheap Auto Insurance Quotes in Omaha, NE
State Farm has the best car insurance rates for Omaha, Nebraska, residents. You'll pay just $39 per month on average with State Farm, according to our analysis of thousands of minimum liability quotes across the city. State Farm also has the best rates for full coverage car insurance, charging an average of $115 per month.
Across Nebraska, minimum coverage costs $486 per year on average. As the most populous city in the state, Omaha has an average rate of $198 more, with Omaha drivers paying an average of $684 annually for minimum coverage car insurance.
ValuePenguin's analysis found that Progressive charges $3,244 more per year for full coverage than State Farm in Omaha. Be sure to get multiple quotes, as it could save you thousands on auto insurance.
Cheapest auto insurance in Omaha: State Farm
State Farm has the cheapest widely available rates for minimum liability insurance in Omaha. A minimum coverage policy includes the lowest possible limits you can legally carry, making it the most affordable form of auto insurance. State Farm policies in Nebraska cost $470 per year ($39 per month), which is 31% less expensive than the Omaha city average.
We recommend you check out Farm Bureau and American Family for affordable minimum coverage as well. ValuePenguin found that Farm Bureau charges just $4 more than State Farm does each month, while American Family charges just $11 more.
Compare Car Insurance Rates in Omaha, Nebraska
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $470 |
| 2 | Farm Bureau | $513 |
| 3 | American Family | $597 |
| 4 | Allstate | $665 |
| 5 | Progressive | $666 |
| 6 | Nationwide | $719 |
| 7 | Farmers | $1,411 |
| N/A | USAA | $435 |
USAA is only available to current and former military members and their families.
Cheapest full coverage car insurance in Omaha: State Farm
State Farm also has the best rates for full coverage in Omaha. While full coverage costs an average of $2,488 in Omaha, we found that if you purchase a full coverage policy from State Farm, you'll pay 44% less. The company charges Omaha drivers just $1,386 per year on average.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $1,386 |
| 2 | Farm Bureau | $1,639 |
| 3 | American Family | $1,962 |
| 4 | Nationwide | $2,221 |
| 5 | Allstate | $2,418 |
| 6 | Farmers | $4,470 |
| 7 | Progressive | $4,630 |
| N/A* | USAA | $1,174 |
*USAA is only available to current and former military members and their families.
ValuePenguin recommends full coverage to most drivers, and particularly to young drivers or drivers of new cars. Full coverage includes liability insurance, as well as collision and comprehensive coverage.
- Comprehensive coverage: Covers damage resulting from "acts of God," such as trees falling or natural disasters, theft and vandalism, as well as other non-collision damage.
- Collision coverage: Covers damage that results from a crash with another vehicle or a stationary object.
Cheap car insurance for drivers with prior incidents
Incidents on your driving record cause insurers to view you as a higher risk and raise your rates. A poor credit score also signals increased risk to insurers, even though it has no impact on your ability to drive safely.
ValuePenguin gathered quotes from ZIP codes across Omaha and identified the cheapest insurers for drivers who have:
Cheapest car insurance in Omaha after an accident: State Farm
State Farm, American Family and Farm Bureau have the best rates for drivers with an at-fault accident on their record. State Farm charges Omaha drivers $1,633 per year on average — 53% less than the city average for full coverage, which is $3,503.
Rates in Omaha increase by 41% after an at-fault accident. We generally recommend comparing rates whenever your driving record changes to be sure that you're getting the best deal.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $1,633 |
| 2 | American Family | $2,236 |
| 3 | Farm Bureau | $2,593 |
| 4 | Allstate | $3,299 |
| 5 | Nationwide | $3,568 |
| 6 | Farmers | $6,272 |
| 7 | Progressive | $6,732 |
| N/A* | USAA | $1,694 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for people with a speeding ticket: State Farm
Getting a speeding ticket increases the cost of auto insurance for Omaha drivers by $596. While no one wants to see their rates go up, it's worth noting that speeding tickets are the least costly incident in our study. Rates go up by $1,016 after an at-fault accident and $847 after a DUI citation.
The best full coverage rates for drivers in Omaha who have been caught speeding on the roads come from State Farm. On average, Omaha drivers pay $3,083 after getting a speeding ticket, but we found that State Farm customers pay just $1,509. That's a 51% decrease.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $1,509 |
| 2 | Farm Bureau | $1,860 |
| 3 | American Family | $1,962 |
| 4 | Allstate | $2,703 |
| 5 | Nationwide | $3,357 |
| 6 | Progressive | $5,612 |
| 7 | Farmers | $6,197 |
| N/A* | USAA | $1,466 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for drivers with a DUI: State Farm
State Farm, Farm Bureau and American Family have the best rates for drivers with a citation for driving under the influence on their record. Not only are full coverage rates from these three companies 47% cheaper than average, but all of the companies raise rates the same amount after a DUI and after an at-fault accident.
A DUI is usually among the more serious offenses drivers can commit, with insurers raising rates 72% on average. That's why we'd strongly urge Omaha drivers to get a quote from one of these three insurers. It's rare for an insurer to treat a DUI like a speeding ticket, which is generally considered a much less serious offense.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $1,509 |
| 2 | Farm Bureau | $1,860 |
| 3 | American Family | $1,962 |
| 4 | Allstate | $3,288 |
| 5 | Nationwide | $4,624 |
| 6 | Progressive | $4,969 |
| 7 | Farmers | $6,014 |
| N/A* | USAA | $2,449 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for drivers with poor credit: Allstate
You could be the safest and most responsible driver in the world, but if you have a low credit score, insurers will treat you as a high-risk driver and charge you steeper rates. The average annual premium for an Omaha driver with poor credit is $3,331, while a driver with average credit pays $1,870 on average and a driver with very good credit pays $1,496 on average.
ValuePenguin's analysis identified Allstate as the most affordable insurer for Omaha drivers with poor credit. Allstate customers pay $2,525 per year for full coverage, which is 24% less than the city average.
However, drivers should also be sure to get quotes from Nationwide and Farm Bureau. Nationwide only charges $1 more per year than Allstate, and Farm Bureau only charges $7 more per month.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Allstate | $2,525 |
| 2 | Nationwide | $2,526 |
| 3 | Farm Bureau | $2,607 |
| 4 | American Family | $2,665 |
| 5 | Farmers | $4,078 |
| 6 | Progressive | $4,875 |
| 7 | State Farm | $5,546 |
| N/A* | USAA | $1,829 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for married drivers: State Farm
Married drivers get into fewer accidents than single drivers, causing insurers to offer them lower rates to reflect their decreased risk. In Omaha, married drivers pay $259 less on average than single drivers; ValuePenguin's analysis found that full coverage costs $2,229 if you're married.
State Farm offers married drivers the cheapest rates of the insurers in our study; however, the company offers married and single drivers the same rates. Given this approach, you also might want to get quotes from Farm Bureau, which charges married drivers $1,573 per year on average.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $1,386 |
| 2 | Farm Bureau | $1,573 |
| 3 | American Family | $1,962 |
| 4 | Nationwide | $2,004 |
| 5 | Allstate | $2,349 |
| 6 | Progressive | $3,514 |
| 7 | Farmers | $4,018 |
| N/A* | USAA | $1,024 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for young drivers: Farm Bureau
Young drivers in Omaha pay rates that are 334% higher than rates paid by adult drivers, our analysis found. New to the road, teenage drivers get into accidents far more frequently than experienced adult drivers and are quoted higher rates because of it.
For this reason, we urge young drivers to stay on their parents' insurance if they can. Car insurance discounts, such as a telematics program or a good student discount, are another way teen drivers can help make their premiums more affordable.
We recommend Farm Bureau to young drivers looking for cheap insurance. At $4,028 per year for full coverage, the company's average rate is 33% cheaper than the state average.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Farm Bureau | $4,028 |
| 2 | State Farm | $4,261 |
| 3 | American Family | $5,033 |
| 4 | Allstate | $5,888 |
| 5 | Nationwide | $8,284 |
| 6 | Progressive | $8,728 |
| 7 | Farmers | $9,126 |
| N/A* | USAA | $2,766 |
*USAA is only available to current and former military members and their families.
Best auto insurance companies in Omaha, Nebraska
ValuePenguin surveyed customers of the top insurers in the country, asking about their satisfaction with their most recent claim. Of the insurers in our Nebraska study, Nationwide, USAA and American Family had the highest percentage of customers who reported being "extremely satisfied" with their most recent claim.
To learn more about the customer service ratings of the companies featured in our analysis, check out our Nebraska car insurance analysis.
Average car insurance cost in Omaha, by ZIP code
Insurers calculate premiums down to your ZIP code, factoring in local details like crime rates, traffic and the number of uninsured drivers. Drivers who live in Omaha ZIP code 68118 pay $2,244 per year for full coverage, while drivers who live in 68111 pay $3,062 per year.
ZIP code | Average full coverage cost | Average minimum coverage cost |
|---|---|---|
| 68022 | $2,314 | $637 |
| 68102 | $2,792 | $758 |
| 68104 | $2,812 | $782 |
| 68105 | $2,634 | $714 |
| 68106 | $2,409 | $673 |
| 68107 | $2,654 | $721 |
| 68108 | $2,814 | $747 |
| 68110 | $3,030 | $804 |
| 68111 | $3,062 | $820 |
| 68112 | $2,857 | $751 |
| 68114 | $2,459 | $688 |
| 68116 | $2,299 | $649 |
Auto theft statistics in Omaha
Omaha had the highest rate of auto theft in Nebraska, according to ValuePenguin's analysis of 2019 FBI crime data. Approximately 6.7 cars were stolen for every 1,000 residents.
Rank | City | Population | Car thefts | Thefts per 1,000 residents |
|---|---|---|---|---|
| 1 | Omaha | 470,481 | 3,153 | 6.7 |
| 2 | Bellevue | 53,880 | 165 | 3.1 |
| 3 | North Platte | 23,705 | 51 | 2.2 |
| 4 | Hastings | 24,778 | 51 | 2.1 |
| 5 | Grand Island | 51,821 | 100 | 1.9 |
| 6 | Fremont | 26,523 | 48 | 1.8 |
| 7 | Lincoln | 291,128 | 454 | 1.6 |
| 8 | Columbus | 23,406 | 33 | 1.4 |
| 9 | Papillion | 20,580 | 22 | 1.1 |
| 10 | Norfolk | 24,698 | 26 | 1.1 |
Motor vehicle theft data was pulled from the FBI 2019 Nebraska crime report.
Methodology
We collected data from eight of the largest insurers in Nebraska. Our sample driver is 30 years old, drives a 2015 Honda Civic EX and has an average credit score. Unless otherwise noted, he has a full coverage policy with the following limits:
Coverage type | Study limits |
|---|---|
| Bodily injury liability | $50,000 per person/$100,000 per accident |
| Personal injury protection | $10,000 |
| Property damage liability | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
Quadrant Information Services provided the information used in this ValuePenguin study. Rates were publicly sourced from insurer filings. They are intended for comparative purposes only, as your own quotes will likely differ.
Alison is an SEO & Content intern at ValuePenguin, covering auto insurance. She graduated from Stony Brook University with a B.S. in Applied Mathematics and is currently pursuing an MBA in Marketing.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.