Best cheap car insurance in Omaha

Best cheap car insurance companies in Omaha

Bankrate reviewed average rates from Quadrant Information Services and found that USAA, Auto-Owners and Nationwide offer some of the most affordable average car insurance rates in Omaha. All three offer average full and minimum coverage rates below the Omaha average. All the companies on our list offer average rates far below the national annual average of $2,014 for full coverage and $622 for minimum coverage.

Our insurance editorial team assessed rate data, coverage options, customer satisfaction scores from J.D. Power, discounts and other factors to assign each carrier a Bankrate Score. These Scores are based on a 5-point scale and provide a holistic snapshot of how an insurance provider might appeal to a car insurance shopper.

*USAA is not officially ranked by J.D. Power due to eligibility restrictions. 

Auto-Owners

Auto-Owners is a regional carrier known for its affordable rates and great discounts. Omaha drivers may be able to take advantage of discounts for bundling, paying their premium in full, enrolling in paperless billing and being a good student. Policyholders may be able to build a more robust policy with endorsements for roadside assistance, gap insurance and additional expenses coverage. However, Auto-Owners is only available in 26 states, which may be a concern for drivers who move frequently.

Learn more: Auto-Owners Insurance review

USAA

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 receives consistent high scores for customer satisfaction from J.D. Power. In addition to low average rates, USAA policyholders may save even more on their premium with potential discounts for garaging a vehicle on base, low mileage and having family members who are insured with USAA. Although USAA does not offer as many endorsements as some competitors, it does offer roadside assistance and rental car reimbursement coverage.

Learn more: USAA Insurance review 

Nationwide

Shoppers may choose Nationwide as their carrier of choice if they value unique endorsement options. Drivers in Omaha may be able to build a more robust policy with accident forgiveness, classic car insurance and vanishing deductibles. Plus, Nationwide offers a pay-per-mile program in select areas called SmartMiles, which bases your monthly rate on how many miles you drive each month. Nationwide received the lowest J.D. Power score for customer satisfaction in the Central region, so potential customers may want to speak with existing policyholders about their experience.

Learn more: Nationwide Insurance review

Farmers

Based on average rates, Farmers is one of the more expensive options on our list for cheap car insurance in Omaha, but its premiums are still below the city average. Farmers may be a good choice for drivers who value policy customization and unique discounts over customer service or digital tools. Endorsements may be available for new car replacement, accident forgiveness, customized equipment coverage and more. Additionally, policyholders may save with potential discounts for shared family vehicles, distant students and on-time payments.

Learn more: Farmers Insurance review

State Farm

State Farm is the largest car insurance provider in the country by market share. Although State Farm’s average rates are some of the highest on our list, the carrier offers a variety of discounts, including two app-based telematics 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 looking for more robust coverage. However, gap insurance is not available from State Farm, which may be a drawback for drivers who lease or finance their vehicles.

Learn more: State Farm Insurance review

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 may also take some work. You may want to keep the following in mind as you try to maintain affordable rates for car insurance.

• Compare multiple providers. Car insurance companies weigh rating factors differently when calculating premiums, so your rates may vary substantially between providers. Comparing quotes from a few different carriers may help you find the lowest rates for your circumstances. Many insurance professionals recommend shopping around before your policy renews, especially if you’ve experienced a big life change, like buying a new car.
• Keep a clean driving record. Car insurance companies consider your driving record when calculating rates, and drivers with tickets or accidents typically pay higher rates. Maintaining a clean driving record may help keep your rates steady over time and could net you additional savings if you participate in a telematics program or your carrier offers a safe driving discount.

Frequently asked questions

Methodology

• $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

Bankrate Scores

Our 2024 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlight where they fall short.