Cheapest and Best Car Insurance in Omaha, NE (2024)

Finding the right car insurance in Omaha hinges on your coverage needs and driver profile. For full and minimum coverage, American National P&C is the most cost-effective, whereas Allstate reigns for families with teens.

When it comes to customer service, Auto-Owners tops the charts and also secures the label of best overall, offering optimal value between price and service. Your best choice, however, may align with your specific preferences and coverage requirements.

American National P&C offers the cheapest car insurance in Omaha. The most affordable minimum coverage providers are:

• American National P&C: $221 per year
• Farmers Mutual of Nebraska: $317 per year

At the other end of the spectrum, Farmers has the most expensive minimum coverage policy in Omaha, with an annual cost of $1,038. This rate, almost five times higher than the cheapest, highlights the importance of shopping around for car insurance. By comparing rates, drivers can ensure they are getting the best deal for their needs.

State Minimum Liability Requirements

In Nebraska, car insurance minimums are guided by state law:

• $25,000 bodily injury per person
  
• $50,000 bodily injury per accident
  
• $25,000 property damage liability per accident
  
• $25,000 uninsured motorist bodily injury per person
  
• $50,000 uninsured motorist bodily injury per accident
  

For an illustrative scenario, if your policy includes the minimum bodily injury liability and you're at fault in an accident, your insurer would cover up to $25,000 for an individual's injuries, but not more than $50,000 total for injuries in that accident. Should costs exceed these amounts, any additional expenses would be your responsibility.

American National P&C is the cheapest option for cheapest full coverage car insurance in Omaha.

• American National P&C: $577 per year
• Farmers Mutual of Nebraska: $846 per year

AAA offers the most expensive full coverage policy in Omaha, with an annual premium of $1,823, which underscores the significance of comparing rates for comprehensive protection. Full coverage policies are pricier due to the inclusive nature of their coverage, safeguarding against a breadth of incidents beyond just minimum requirements.

Do You Need Full Coverage in Nebraska?

A full coverage policy includes coverage for damage to your own vehicle in the form of comprehensive and collision coverages. It usually also includes increased liability limits.

• Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

If you have a new vehicle, it's wise to opt for full coverage insurance for more robust financial protection. If you're leasing or have a car loan, you are typically required to carry full coverage insurance.

On the other hand, owners of older vehicles may find that the extra cost — which can amount to several hundred dollars more per year — is not justified by the value of the vehicle. When deciding how much car insurance coverage you need, consider your ideal balance: more extensive coverage comes with higher premiums, but getting less coverage means you may pay more out of pocket if you need to file a claim.

American National P&C presents the most affordable option in Omaha for drivers with a poor driving record. Here's how it stacks up for different offenses:

• Speeding Ticket: American National P&C ($665 per year)
• At-fault accident: American National P&C ($758 per year)
• DUI: American National P&C ($837 per year)

Comparatively, the most expensive car insurance rates for a speeding ticket, at-fault accident, and DUI offenses are found with AAA, showing a dramatic difference in premiums. Specifically, the annual rate jumps from $665 to $7,028 when comparing the cheapest provider after a speeding ticket with the most expensive after a DUI, highlighting how the gravity of one's driving infractions can considerably influence car insurance prices.

In Omaha, like many cities, insurance rates often increase with the severity of a driving violation, reflecting the higher risk posed by drivers with offenses. For instance, Omaha drivers with a DUI pay an average of $3,544 annually for car insurance, significantly higher than the $2,424 average yearly premium for those with a speeding ticket. This difference underscores the importance for drivers with violations to diligently compare insurance rates to find the most budget-friendly options and potentially save hundreds of dollars each year.

Allstate offers the most affordable option in Omaha for families seeking the cheapest car insurance for teens. Teens in Omaha can benefit from competitive rates that help manage the typically higher costs associated with insuring young drivers.

• Allstate: $2,214 per year for female teens and $2,214 per year for male teens
• Auto-Owners Insurance Co: $2,517 per year for female teens and $2,710 per year for male teens

These rates represent the combined policy costs for two parents and a teen driver, highlighting the importance of a cost-effective approach given the high-risk profile of teen drivers. State Farm is the most expensive option, with an annual premium of $4,520 for male teen drivers — a contrast demonstrating the value of comparison shopping to find the best rates.

In Omaha and similar locales, teens purchasing car insurance individually may face steep costs, with average premiums reaching approximately $6,777 annually. Contrastingly, when added to a family plan, the average cost substantially drops to around $3,281 yearly, underscoring a significant benefit of joint policies.

Insurers typically quote higher rates for individual teen policies due to the increased risk associated with inexperienced drivers. Moreover, approval for a personal policy can be challenging for teens, given their limited driving history and higher propensity for accidents. Consequently, for teens seeking car insurance, remaining on a family policy is often the most economical and feasible option.

In Omaha, American National P&C is the cheapest full coverage option for military backgrounds.

• American National P&C: $577 per year
• Farmers Mutual of Nebraska: $846 per year

Though not the absolute cheapest, USAA ranks third with an annual premium of $984, which is higher compared to the two leaders. But USAA is renowned for services that cater specifically to active-duty military members. On a national scale, USAA frequently appears as one of the most cost-effective insurers, combining competitive rates with specialized service for those in the military.

In Omaha, comparing car insurance rates is a key strategy for cost savings. However, the process is often cumbersome, potentially requiring over an hour to examine rates from three or more companies.

MoneyGeek's car insurance calculator can help you streamline this process. By inputting details like age, driving history, credit score and preferred coverage, you can instantly receive rate estimates.

Choosing the right auto insurance hinges on how you prioritize factors including service, affordability and coverage. MoneyGeek's evaluation, using distinct metrics for each category, showcases Omaha's leading car insurance providers tailored to different preferences:

• Best overall: Auto-Owners (MoneyGeek score 80 out of 100)
• Best for service: Auto-Owners (MoneyGeek score 80 out of 100)
• Best cheap: Auto-Owners (MoneyGeek score 82 out of 100)

Because Auto-Owners emerges as Omaha's premium choice in all categories, it is the city's unchallenged leader for overall value, superior service and affordability. Whether customers are seeking a balanced insurance experience or focusing on saving costs without a significant compromise in service, Auto-Owners provides an optimal solution.

Auto-Owners is the top-performing option for the best car insurance in Omaha.

• Auto-Owners: MoneyGeek score of 80 out of 100 ($896 per year)
• American National P&C: MoneyGeek score of 78 out of 100 ($577 per year)

Auto-Owners distinguishes itself primarily through its high scores in claims and stability. This evaluation is based on a full coverage policy, underscoring the insurer's balance between quality service and comprehensive coverage.

Auto-Owners is the premier option in Omaha for stellar car insurance customer service. This ranking is determined solely by customer satisfaction, claims handling and coverage options, without considering the cost of premiums.

• Auto-Owners: MoneyGeek score of 80 out of 100 ($896 per year)
• Shelter: MoneyGeek score of 75 out of 100 ($1,309 per year)

Auto-Owners distinguishes itself due to an exceptionally high satisfaction and claims scores. This indicates a strong likelihood that customers will receive responsive service throughout their insurance experience.

Auto-Owners offers the best cheap car insurance in Omaha, striking an excellent balance between affordability and customer satisfaction.

• Auto-Owners: MoneyGeek score of 82 out of 100 ($452 per year)
• American National P&C: MoneyGeek score of 81 out of 100 ($221 per year)

Auto-Owners distinguishes itself with a MoneyGeek score that reflects not only the cheapest rates for minimum coverage but also top-tier performance in claims processing and policyholder satisfaction.

In Omaha, the average car insurance cost is $1,186. This figure is higher compared to the average car insurance cost in Nebraska, which stands at $1,065. The state's average is $717 less than the national average car insurance cost of $1,781.

Car insurance premiums are influenced by a multitude of factors, with geographical location playing a critical role. Urban areas tend to have higher insurance rates because of the greater risk of accidents, theft, and vandalism.

Omaha has the state's most expensive premium at $1,052, while Lincoln offers the cheapest in Nebraska at $863 — a notable difference of $189. In non-city areas with lower traffic density, rates might be even lower, further underscoring the impact of location on insurance costs.