The best way we recommend to quote cheaper car insurance rates in Omaha is to compare prices annually from companies who sell insurance in Nebraska.
- Step 1: Read and learn about how companies set rates and the measures you can control to drop your rates. Many rating criteria that increase rates like accidents, careless driving, and an imperfect credit history can be rectified by making minor changes in your lifestyle.
- Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO or Allstate, while independent agents can give you price quotes for a wide range of companies. View a list of agents
- Step 3: Compare the quotes to your current policy premium to see if a cheaper rate is available. If you find a better price and buy the policy, ensure there is no coverage lapse between policies.
A valuable tip to remember is to use similar deductibles and liability limits on each price quote and and to get rates from as many companies as you can. This provides the most accurate price comparison and a complete price analysis.
Unimaginable but true, the vast majority of consumers in Nebraska kept buying from the same company for more than four years, and just under half have never even compared rates from other companies. Most drivers in America could cut their rates by 47% a year just by getting comparison quotes, but they don’t know how much savings they would realize if they switch to a new company.
Auto insurance providers offering affordable rate quotes in Nebraska
The following companies can provide free rate quotes in Nebraska. In order to find cheap auto insurance in Omaha, we suggest you get rate quotes from several of them in order to find the cheapest rates.
Insurance rate breakdown
The premium information displayed next highlights estimates of insurance prices for Honda Element models. Having a good grasp of how car insurance premiums are calculated can assist in making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $124 | $240 | $314 | $18 | $94 | $790 | $66 |
| Element LX 4WD | $124 | $240 | $314 | $18 | $94 | $790 | $66 |
| Element EX 2WD | $124 | $240 | $314 | $18 | $94 | $790 | $66 |
| Element EX 4WD | $124 | $240 | $314 | $18 | $94 | $790 | $66 |
| Element SC 2WD | $124 | $240 | $314 | $18 | $94 | $790 | $66 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Information does not factor in the specific area where the vehicle is garaged which can affect coverage rates considerably.
The illustration below highlights how deductible choice and can change Honda Element premium costs for different age groups of insureds. The data assumes a married male driver, comprehensive and collision coverage, and no discounts are applied.
Do you need full coverage?
The illustration below illustrates the comparison of Honda Element auto insurance costs when comparing full coverage to state minimum liability only. The data is based on no tickets, no at-fault accidents, $100 deductibles, single marital status, and no discounts are taken into consideration.
Guidelines for dropping full coverage
There isn’t a steadfast formula of when to stop paying for physical damage insurance, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of replacement cost minus your deductible, then you might consider buying liability only.
For example, let’s pretend your Honda Element replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $3,000 after paying your deductible. If you are paying in excess of $300 annually for your policy with full coverage, then you might consider buying liability only.
There are some cases where buying only liability insurance is not financially feasible. If you still have a lienholder on your title, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not remove full coverage.
Don’t overlook these seven Honda Element insurance discounts
Companies that sell car insurance don’t always publicize all available discounts very well, so we took the time to find both the well known as well as the least known credits that may apply to you.
- Federal Employees – Having worked for a branch of the government may reduce rates when you quote Omaha auto insurance with certain companies.
- Payment Discounts – If you can afford to pay the entire bill rather than paying monthly you may have a lower total premium amount.
- First Accident Forgiveness – This isn’t a discount exactly, but companies like State Farm and Progressive permit an accident without raising rates with the catch being you have to be claim-free for a certain period of time.
- Discount for Good Grades – Getting good grades can earn a discount of 20% or more. The discount lasts until age 25.
- Save with More Vehicles Insured – Purchasing coverage when you have multiple cars or trucks on one policy can reduce rates for all insured vehicles.
- Drive Safe and Save – Accident-free drivers can pay as much as 50% less than drivers with accidents.
- Accident Free – Claim-free drivers pay less when compared to accident-prone drivers.
Don’t be shocked that many deductions do not apply to all coverage premiums. Most cut specific coverage prices like liability, collision or medical payments. Just because you may think you can get free auto insurance, nobody gets a free ride. Any amount of discount will bring down your premiums.
The diagram below shows the difference between Honda Element insurance prices with and without discounts applied to the policy rates. The rates are based on a female driver, no violations or claims, Nebraska state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-policy, claim-free, multi-car, and homeowner discounts applied.
Companies that may offer policyholders some of the discounts shown above include:
If you need the cheapest Honda Element rate quotes, ask all the companies which discounts you qualify for. All car insurance discounts may not be offered in Omaha. If you would like to view auto insurance companies that offer the discounts shown above in Nebraska, click this link.
When to contact an insurance agency
Some consumers just want to get professional advice from a licensed agent and that is recommended in a lot of cases Good insurance agents can help you choose the best coverages and help in the event of a claim. One of the great benefits of comparing insurance prices online is the fact that drivers can get better rates and still have a local agent. Supporting local insurance agents is still important in Omaha.
Upon completion of this quick form, your insurance coverage information gets sent to local insurance agents in Omaha who will give competitive quotes for your coverage. It simplifies rate comparisons since you won’t have to leave your computer since price quotes are sent to your email. If you want to get a price quote from one company in particular, don’t hesitate to visit that company’s website and submit a quote form there.
If you are wanting to find a good insurance agency, there are a couple of different agency structures and how they can write your policy. Agents can be classified as either independent agents or exclusive agents. Either one can write auto insurance policies, but it is important to understand the difference in the companies they write for since it can impact which type of agent you select.
Independent Agents (or Brokers)
Agents that choose to be independent can quote rates with many companies and that is an advantage because they can write policies through many companies and find the cheapest auto insurance rates. If premiums increase, your agent can switch companies and you don’t have to find a new agent.
If you are comparing rate quotes, you should always get some free quotes from independent agents in order to compare the most rates. Most also write with less well-known companies which may have better rates.
Listed below is a partial list of independent insurance agencies in Omaha who may be able to give you free auto insurance quotes.
- Accredited Insurance Group, Inc.
11347 Davenport St – Omaha, NE 68154 – (402) 334-1780 – View Map - Alvarez Insurance Agency
4629 S 23rd St – Omaha, NE 68107 – (402) 733-1878 – View Map - Southwell Insurance Agency, LLC.
2809 S 160th St #307 – Omaha, NE 68130 – (402) 493-6940 – View Map
Exclusive Agencies
Agents in the exclusive channel can only quote rates from one company and some examples include State Farm, Allstate and AAA. Exclusive agents cannot compare rates from other companies so they have no alternatives for high prices. Exclusive agencies receive a lot of sales training on their company’s products and that allows them to sell at a higher price point. Some consumers prefer to use the same agent mostly because of the prominent brand name and the convenience of having a single billing for all their coverages.
Shown below is a short list of exclusive insurance agencies in Omaha that are able to give comparison quotes.
- American Family Insurance – Daniel Grzywa Agency Inc
8031 W Center Rd Ste 209 – Omaha, NE 68124 – (402) 391-6364 – View Map - Araf Evans – State Farm Insurance Agent
12005 W Center Rd #95 – Omaha, NE 68144 – (402) 884-1885 – View Map - State Farm: Kyle Emsick
1018 Dodge St #2 – Omaha, NE 68102 – (402) 558-5060 – View Map
Finding a good car insurance agent should depend on more than just a cheap quote. Agents should be asked these questions:
- Is auto insurance their primary focus in Omaha?
- Where would your vehicle be repaired?
- Will they give you a referral list?
- Which company do they place the most coverage with?
- What is the financial rating for the quoted company?
- Do they offer accident forgiveness?
- Who are their largest clients?
Specific coverage details
Understanding the coverages of a auto insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.
Uninsured and underinsured coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Honda Element.
Due to the fact that many Nebraska drivers only carry the minimum required liability limits (Nebraska limits are 25/50/25), their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Most of the time the UM/UIM limits are similar to your liability insurance amounts.
Auto collision coverage
This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims like rolling your car, backing into a parked car, colliding with another moving vehicle, damaging your car on a curb and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to choose a higher deductible on your Element to bring the cost down.
Comprehensive coverages
This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as hail damage, damage from a tornado or hurricane and fire damage. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Liability
This coverage can cover damage that occurs to a person or their property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Some companies may use a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.
Liability insurance covers claims such as medical services, legal defense fees, repair bills for other people’s vehicles, court costs and loss of income. How much liability should you purchase? That is up to you, but consider buying higher limits if possible. Nebraska state law requires minimum liability limits of 25/50/25 but it’s recommended drivers buy more coverage.
The next chart demonstrates why minimum state limits may not be adequate coverage.
Coverage for medical payments
Med pay and PIP coverage pay for short-term medical expenses like EMT expenses, X-ray expenses, nursing services and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Don’t give up on affordable rates
Some insurance companies do not provide price quotes online and most of the time these regional carriers only sell coverage through independent insurance agents. Cheaper insurance in Omaha is definitely available from both online companies as well as from insurance agents, and you need to comparison shop both to have the best rate selection.
Drivers switch companies for any number of reasons including high prices, poor customer service, extreme rates for teen drivers and questionable increases in premium. It doesn’t matter what your reason, finding the right insurance provider can be easy and end up saving you some money.
In this article, we covered many tips how you can save on Honda Element insurance in Omaha. The key thing to remember is the more times you quote, the better your comparison will be. You may even find the lowest premium rates are with an unexpected company.
Additional information
- Auto Theft Statistics (Insurance Information Institute)
- How Much are Auto Insurance Rates for Single Moms in Omaha? (FAQ)
- Who Has Affordable Omaha Car Insurance Rates for a School Permit? (FAQ)
- Child Safety Seats (Insurance Information Institute)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)