For infrequent drivers, one of the largest considerations that are looked at to help calculate the price you pay for insurance is where you choose to live. Cities with larger populations or higher claim trends will most likely have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates have the benefit of cheaper car insurance.
The illustration below sorts the highest-priced areas in Nebraska for low mileage drivers to purchase auto insurance in. Omaha ranks #9 with an annual rate of $1,257 for the average policyholder, which is approximately $105 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Scottsbluff | $1,360 |
| 2 | Gering | $1,303 |
| 3 | North Platte | $1,301 |
| 4 | Alliance | $1,300 |
| 5 | McCook | $1,292 |
| 6 | Lexington | $1,277 |
| 7 | South Sioux City | $1,264 |
| 8 | Beatrice | $1,259 |
| 9 | Omaha | $1,257 |
| 10 | Kearney | $1,224 |
| 11 | Seward | $1,215 |
| 12 | Crete | $1,210 |
| 13 | Blair | $1,188 |
| 14 | Columbus | $1,185 |
| 15 | Nebraska City | $1,176 |
| 16 | Norfolk | $1,159 |
| 17 | York | $1,156 |
| 18 | Hastings | $1,147 |
| 19 | Bellevue | $1,144 |
| 20 | Fremont | $1,131 |
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Price information shown is estimated as the garaging address in Omaha can change premium rates substantially.
The type of vehicle to be insured is a large consideration when shopping around for cheap coverage for low mileage drivers. Vehicles with reasonable performance levels, excellent safety ratings, or low incidents of liability claims will cost significantly less to insure than higher performance models.
The next table features car insurance costs for some of the more affordable automobiles to insure in Nebraska.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $1,050 |
| Ford Escape XLS 4WD | $1,079 |
| Ford F-150 XLT Super Cab 4WD | $1,092 |
| Honda CR-V EX-L 4WD | $1,107 |
| Honda Odyssey EX W/Rear Entertainment | $1,112 |
| Chevrolet Silverado LS Regular Cab 4WD | $1,149 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $1,154 |
| Toyota Prius | $1,167 |
| Jeep Wrangler Unlimited Sahara 2WD 4-Dr | $1,177 |
| Ford Explorer XLT 4WD | $1,174 |
| Toyota Tacoma X-Runner 2WD | $1,194 |
| Chevrolet Malibu LTZ | $1,213 |
| Volkswagen Jetta SEL 4-Dr Sedan | $1,221 |
| Ford Edge SEL AWD | $1,218 |
| Ford Focus SE 4-Dr Sedan | $1,223 |
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Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rate quotes do not factor in specific location which can modify rates substantially.
Looking at the data, cars like the Hyundai Elantra, Ford Escape, Ford F-150, and Honda CR-V will be some of the most affordable vehicles to insure for infrequent drivers.
Liability rates compared to full coverage
Reducing premiums for auto insurance is probably important to the majority of people, and one of the fastest ways to reduce the cost of insurance for low mileage drivers is to not buy comprehensive and collision coverage. The example below illustrates the difference between insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Nebraska. The prices are based on no violations or claims, $1,000 deductibles, single marital status, and no discounts are applied to the premium.
If we average the cost for ages 20 through 70, full coverage costs $1,366 per year over and above liability only. That is a large expense and it proposes the question if you should buy full coverage. There is no exact formula that works best for making the decision to drop physical damage coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is more than about 10% of replacement cost minus your deductible, then it might be time to consider dropping full coverage.
For example, let’s say your vehicle’s settlement value is $4,500 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, you would only receive $3,500 after paying your policy deductible. If premium cost is more than $350 annually for physical damage coverage, then it might be time to buy liability only.
Drive responsibly or pay higher rates
One of the best ways to find the best auto insurance premiums in Omaha for infrequent drivers is to be an attentive driver and not have accidents or get tickets. The information below demonstrates how citations and fender-benders impact auto insurance rates for different insured age categories. The premiums assume a married female driver, full physical damage coverage, $1,000 deductibles, and no additional discounts are factored in.
The data in the chart shows the average cost of an auto insurance policy in Nebraska per year with no accidents and a clean driving record is $1,285. Factor in one speeding ticket and the average cost increases to $1,502, an increase of $217 each year. Now include one accident along with the one speeding ticket and the 12-month cost of auto insurance for low mileage drivers goes up to an average of $2,106. That’s an increase of $821, or $68 per month, just for not being attentive to the road!
The example below shows how different deductible levels can influence premium costs when quoting cheap insurance for low mileage drivers. The prices are based on a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.
A 40-year-old driver could pocket $244 a year by changing from a $100 deductible up to a $500 deductible, or save $370 by switching to a $1,000 deductible. Younger drivers, like the Age 20 chart data, could reduce their rates $808 each year just by choosing larger deductibles. When insureds make the decision to increase the deductibles on their policy, it will now be necessary to have plenty of money set aside to enable you to cover the extra out-of-pocket expense, which is the one shortcoming of high deductibles.