Deciding which companies have the lowest-priced car insurance rates for single moms requires a bit more effort in order to find the lowest price quote.
Each insurance company has their own process for establishing rates, so let’s take a look at the car insurance companies with the most affordable rates in Omaha. It’s important that readers know that Omaha, NE car insurance rates are calculated based on many things that may substantially change the price you pay. Simply getting older, moving across town, or getting a ticket for careless driving can trigger rate changes that can cause some rates to be more affordable than competitors.
Cheap Insurance Rates for Single Moms
Safeco offers some of the most affordable car insurance rates in Omaha at around $812 per year. The Hartford, Auto-Owners, Allied, and Farmers Mutual of Nebraska also rank well as some of the lowest-priced Omaha, NE auto insurance companies.
As depicted above, if you are insured with Allied and switched to The Hartford, you might achieve a yearly savings of roughly $84. Policyholders with Farmers Mutual of Nebraska may save as much as $124 a year, and Farm Bureau Mutual customers might realize rate reductions of up to $145 a year.
It’s important to note that these premium estimates are averages across all ages of drivers and types of vehicles and do not factor in a vehicle location for single moms. So the car insurance company that fits your needs best may not even be in the top 24 companies in the list above. That illustrates why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.
The make and model of vehicle you are buying coverage for is a large factor that determines whether or not you can buy low-priced car insurance for single moms. Vehicles with high performance features, a lack of safety features, or high incidents of liability claims will cost more to insure than more modest models. The table below showcases insurance rates for a number of the most cost-effective vehicles to buy coverage for.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Toyota Prius | $1,067 |
| Ford F-150 FX2 Super Cab 2WD | $1,079 |
| Ford Escape XLT 4WD | $1,130 |
| Dodge Grand Caravan SXT | $1,159 |
| Chevrolet Malibu LT | $1,169 |
| Volkswagen Jetta S 2.5 Station Wagon | $1,197 |
| Toyota Corolla XLE | $1,202 |
| Ford Edge Sport 2WD | $1,197 |
| Honda CR-V EX-L 2WD | $1,212 |
| Dodge Ram Crew Cab ST 2WD | $1,243 |
| Chevrolet Silverado Crew Cab Hybrid 2WD | $1,279 |
| Ford Fusion Sport AWD 4-Dr Sedan | $1,301 |
| Chevrolet Silverado 2500HD LTZ Crew Cab Diesel 4WD | $1,308 |
| Dodge Ram 2500 Crew Cab ST 2WD | $1,304 |
| Ford Explorer XLT AWD | $1,324 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $1,328 |
| Ford Focus SES 4-Dr Sedan | $1,348 |
| Compare Cheap Rates Go | |
Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Estimates do not factor in zip code location which can affect prices greatly.
Based upon the rates shown, vehicles like the Toyota Prius, Ford F-150, Ford Escape, Dodge Grand Caravan, and Chevrolet Malibu are most likely to be a few of the cheaper vehicles to insure for single parents.
For single parents, one of the more important components that are used to help calculate the cost of insurance is your zip code. Regions with larger populations or more claims likely pay more, whereas areas that tend to be more rural benefit from lower rates.
The following table rates the highest-priced areas in Nebraska for single moms in which to buy car insurance. Omaha ranks #7 with an annual cost of $1,270 for the average insurance policy, which is about $106 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Scottsbluff | $1,334 |
| 2 | Gering | $1,317 |
| 3 | Alliance | $1,314 |
| 4 | South Sioux City | $1,290 |
| 5 | McCook | $1,279 |
| 6 | Lexington | $1,277 |
| 7 | Omaha | $1,270 |
| 8 | North Platte | $1,250 |
| 9 | Beatrice | $1,235 |
| 10 | Seward | $1,215 |
| 11 | Kearney | $1,200 |
| 12 | Blair | $1,200 |
| 13 | Crete | $1,198 |
| 14 | Hastings | $1,193 |
| 15 | York | $1,180 |
| 16 | Nebraska City | $1,176 |
| 17 | Fremont | $1,166 |
| 18 | La Vista | $1,162 |
| 19 | Bellevue | $1,155 |
| 20 | Papillion | $1,140 |
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Rate quotes are approximated as the garaging address in Omaha can increase or decrease prices noticeably.
Full coverage versus liability only rates
Reducing premiums for car insurance is probably important to the majority of drivers, and one of the quickest ways to buy cheap insurance for single moms is to only buy liability insurance. The chart below compares insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Nebraska. The rates are based on no tickets, no at-fault accidents, $250 deductibles, single status, and no discounts are applied to the premium.
Averaged out for all age groups, comp and collision coverage costs an extra $1,579 per year more than just buying liability only. At some point, every insured wonders if buying full coverage is a good investment. There is no definitive guideline to drop full coverage, but there is a general convention. If the annual cost of coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.
For example, let’s pretend your vehicle’s replacement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $7,000 after you pay the deductible. If you are paying more than $700 annually for comprehensive and collision coverage, then you may need to consider dropping full coverage.
Ending up with the right company is difficult considering how many different companies insure vehicles in Nebraska. The rank data shown below can help you analyze which companies you want to consider purchasing a policy from. These ratings are only made up of large insurance companies, so smaller regional companies are not included in this list.
Top 10 Major Auto Insurance Companies in Omaha Ranked by Value
- USAA
- GEICO
- AAA Insurance
- Liberty Mutual
- State Farm
- Allstate
- Safeco Insurance
- Travelers
- 21st Century
- Nationwide
Get discounts on Omaha auto insurance rates
Insurance companies that offer cheap quotes for single moms may have special discounts that can lower rates by as much as 35% or more if you can meet the requirements. Popular car insurance companies and their offered discounts can be read below.
- Farm Bureau offers premium reductions for renewal discount, safe driver, multi-policy, 55 and retired, good student, and youthful driver.
- Liberty Mutual may have discounts that include new move discount, newly married, newly retired, preferred payment discount, hybrid vehicle, and teen driver discount.
- State Farm offers discounts including student away at school, good driver, anti-theft, good student, accident-free, and safe vehicle.
- Auto-Owners Insurance has savings for multiple vehicles, safe vehicle, teen driver, anti-theft, and paid in full.
- GEICO discounts include five-year accident-free, seat belt use, membership and employees, multi-policy, anti-theft, and good student.
- SAFECO offers discounts for anti-theft, teen safety rewards, homeowner, drive less, accident prevention training, bundle discounts, and teen safe driver.
The diagram below illustrates the difference between car insurance rates with and without discounts applied to the policy rates. The prices are based on a female driver, no violations or accidents, Nebraska state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with vehicle safety, homeowner, marriage, multiple policy, defensive driving course, and claim-free discounts applied. When discounts are applied, the average savings per year on car insurance for single moms is 28% or $406.