You have probably seen the commercials from car insurance companies like Farmers and Liberty Mutual that make claims of dirt cheap rates, so drivers should just pick the company with the catchiest ad, right?
Regrettably, it’s not quite that easy, as there are a ton of unknown aspects like your financial stability, the number of miles you drive each year, if you are married or single, and where you live, that all impact the cost of your policy. The content below will cover these types of topics and educate you enough to have a good start in finding the cheapest car insurance in Omaha.
Trying to buy low-priced car insurance is not the easiest thing to accomplish, and figuring out which company offers the cheapest auto insurance rates for high school students will involve additional perseverance.
Each auto insurance company has their own formula for determining rates, so let’s begin by taking a look at the most affordable auto insurance companies in Omaha, NE. It’s important that readers know that Omaha, NE auto insurance rates are calculated based on many things that can increase the policy premium. Simply improving your credit score, marrying your spouse, or getting a DUI can produce rate changes that can cause some rates to be more expensive than others.
Lowest Insurance Price Quotes for Students
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Safeco | $780 |
| 2 | The Hartford | $839 |
| 3 | Auto-Owners | $905 |
| 4 | Allied | $911 |
| 5 | Farm Bureau Mutual | $990 |
| 6 | Nationwide | $1,007 |
| 7 | Farmers Mutual of Nebraska | $1,009 |
| 8 | American National | $1,054 |
| 9 | State Farm | $1,065 |
| 10 | General Casualty | $1,081 |
| 11 | USAA | $1,150 |
| 12 | American Family | $1,284 |
| 13 | MetLife | $1,293 |
| 14 | California Casualty | $1,296 |
| 15 | EMC | $1,314 |
| 16 | Iowa Mutual | $1,347 |
| 17 | GEICO | $1,348 |
| 18 | Progressive | $1,402 |
| 19 | Farmers | $1,634 |
| 20 | North Star | $1,659 |
| Compare Rates Now Go | ||
Safeco normally has some of the lowest car insurance rates in Omaha at around $780 a year. The Hartford, Auto-Owners, Allied, and Farm Bureau Mutual also are some of the best Omaha, NE car insurance companies.
As illustrated above, if you have coverage with Farm Bureau Mutual and switched to The Hartford, you could see an annual savings of roughly $151. Nebraska drivers with Nationwide could save as much as $168 a year, and Farmers Mutual of Nebraska insureds might see rate reductions of $170 a year.
Bear in mind that those prices are averages across all ages of drivers and types of vehicles and are not factoring in a specific vehicle garaging location for high school students. So the auto insurance company that fits your needs best may not even be in the top 24 companies shown above. That’s why you need to compare as many prices as possible using your own specific driver and vehicle information.
One of the more important criteria that determine the price you pay for insurance is where you keep your vehicle in Omaha. Regions with more people or even just more weather-related claims will most likely pay more, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower coverage costs.
The following table shows the most expensive places in Nebraska for high school students in which to buy car insurance. Omaha makes the list at #7 with a yearly premium of $1,270 for the average policyholder, which is around $106 monthly.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Scottsbluff | $1,360 |
| 2 | Alliance | $1,340 |
| 3 | Gering | $1,317 |
| 4 | McCook | $1,292 |
| 5 | North Platte | $1,288 |
| 6 | Beatrice | $1,272 |
| 7 | Omaha | $1,270 |
| 8 | Lexington | $1,264 |
| 9 | South Sioux City | $1,251 |
| 10 | Kearney | $1,224 |
| 11 | Crete | $1,210 |
| 12 | Blair | $1,200 |
| 13 | Hastings | $1,193 |
| 14 | York | $1,191 |
| 15 | Bellevue | $1,190 |
| 16 | Seward | $1,179 |
| 17 | Nebraska City | $1,176 |
| 18 | Fremont | $1,166 |
| 19 | Norfolk | $1,159 |
| 20 | Columbus | $1,150 |
| Get a Custom Quote Go | ||
Annual rates are estimated as the specific Omaha residence address can lower or raise coverage prices substantially.
The vehicle model you are insuring is a significant factor in finding cheaper coverage for high school students. Vehicles with more horsepower, poor crash test ratings, or a high likelihood of having liability claims will cost quite a bit more to insure than more economical and safe models. The list below features coverage rates for a handful of the cheaper automobiles to insure in Nebraska.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $3,906 |
| Honda CR-V EX-L 2WD | $3,942 |
| Ford Escape Limited 2WD | $3,948 |
| Jeep Wrangler Sport 4WD 2-Dr | $4,122 |
| Toyota Prius | $4,217 |
| Ford F-150 XLT Regular Cab 4WD | $4,397 |
| Ford Explorer XLT 4WD | $4,402 |
| Volkswagen Jetta 2.0T Station Wagon | $4,453 |
| Chevrolet Impala LS | $4,599 |
| Honda Odyssey EX | $4,604 |
| GMC Sierra SLE Regular Cab 2WD | $4,635 |
| Chevrolet Equinox LS AWD | $4,642 |
| Toyota RAV4 Limited 2WD | $4,635 |
| Get a Custom Quote Go | |
Table data represents single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in specific zip code location which can impact rates considerably.
By looking at the data, we can tell that models like the Hyundai Elantra, Honda CR-V, Ford Escape, and Jeep Wrangler are going to be the cheaper vehicles to insure for teenagers. Auto insurance rates will tend to be higher because of the fact that there is more liability risk for high school students, but generally speaking those vehicles will have the cheapest rates compared to other vehicles.
Picking the right insurance provider is difficult considering how many different companies sell coverage in Nebraska. The information displayed below can help you pick which companies to look at purchasing a policy from. These rankings are only made up of companies that write coverage in many states, so smaller regional companies will not be included in these rankings.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
The illustration below illustrates how your choice of deductibles can raise or lower insurance premiums when researching cheap insurance for high school students. The rate quotes are based on a married female driver, comp and collision included, and no policy discounts are applied.
The chart above illustrates that a 30-year-old driver could lower their car insurance rates by $286 a year by increasing from a $100 deductible up to a $500 deductible, or save $430 by selecting a $1,000 deductible. Youthful drivers, like the age 20 example, can cut up to $606 or even more by choosing a higher deductible.
If you make the decision to raise deductibles, it’s a good idea to have emergency funds available to offset the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
How to find low-cost auto insurance for high school students
The list below details some of the better penny-pinching suggestions that can help drivers buy cheap auto insurance.
- Increase your policy deductibles
- At-fault accidents can raise rates significantly
- Full coverage may not be needed on older vehicles
- Avoid getting citations and tickets
- Avoid filing small claims
- Compare quotes from other companies often
The last tip is certainly valuable, as was stressed in the article above. Insurance prices go up and down frequently, so you should be ready to buy a different policy if a lower price can be found. Brand loyalty is great, but it’s not a great idea if that loyalty results in overpaying potentially thousands of dollars a year. In less than five minutes you could compare rates to find cheaper car insurance for high school students in Omaha.
If you prefer to have a little guidance when shopping around for cheaper insurance for high school students, the agencies below are a good start to answer your questions and help you decide which auto insurance policy fits you best. To find an Omaha insurance agent near you, click the link after the list or click here to compare price quotes now.
Nia Insurance Agency Inc
2816 N 24th St – Omaha, NE 68110 – (402) 779-8999
Jay Bergmeier – State Farm Insurance Agent
16707 Q St – Omaha, NE 68135 – (402) 895-7500
Erica Wilkinson – State Farm Insurance Agent
7601 Pacific St – Omaha, NE 68114 – (402) 590-2020
Aaron Stockton – State Farm Insurance Agent
1411 N 72nd St – Omaha, NE 68114 – (402) 551-3455
BW Insurance Agency, Inc.
13906 Gold Cir # 103 – Omaha, NE 68144 – (402) 918-0102