The words “affordable” and “insurance” really shouldn’t be used in the same sentence, specifically when you are shopping around for the lowest insurance prices with multiple speeding tickets. To save some money, let’s teach you some of the things that have an effect on car insurance premiums, and see if we can help you shave a little off your next policy.
One of the many factors that are used to help calculate the amount you pay each year for auto insurance is where you live. More populated areas tend to pay slightly more, whereas less populated areas have the luxury of lower rates.
The information below ranks the most expensive cities in Nebraska with multiple speeding tickets to buy car insurance in. Omaha makes the list at #10 with an annual rate of $1,233 on average, which is about $103 each month.
|5||South Sioux City||$1,303|
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Rates are estimated as zip code location can alter premium rates considerably.
The vehicle driven is one of the largest considerations when comparing the cheapest auto insurance with multiple speeding tickets. Vehicles with higher performance characteristics, poor safety ratings, or a high likelihood of having liability claims will cost substantially more to insure than safer models. The next list estimates auto insurance premiums for the cheaper vehicles to insure in Nebraska.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX 2WD||$1,389|
|Ford Focus SE 4-Dr Sedan||$1,616|
|Ford Escape Limited 4WD||$1,619|
|Nissan Altima 2.5 4-Dr Sedan||$1,647|
|Toyota Tacoma Double Cab 4WD||$1,655|
|Toyota Camry LE||$1,647|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$1,652|
|Ford F-150 XL Crew Cab 2WD||$1,659|
|Ford Explorer XLT 2WD||$1,705|
|Toyota Corolla XLE||$1,739|
|Chevrolet Impala LS||$1,757|
|Ford Edge SEL AWD||$1,763|
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Data variables include single male driver age 40, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, and claim-free. Rates do not factor in specific Omaha, NE garaging location which can change premium rates considerably.
Looking at the rates, we can assume that makes and models like the Honda CR-V, Ford Focus, Ford Escape, Nissan Altima, and Toyota Tacoma should be the cheaper vehicles to insure after a few driving violations.
Comparing rates for affordable insurance is not always easy, and figuring out which insurers offer the best auto insurance rates with multiple speeding tickets will require additional perseverance.
Each auto insurance company has a proprietary formula to set policy rates, so we need to take a look at the auto insurance companies with the most affordable rates in Nebraska. It’s important to understand that Omaha auto insurance rates are impacted by many factors that can increase the cost of your policy. Price variation is why it is critical to perform an extensive rate comparison to find the most budget-friendly insurance rates with multiple speeding tickets. Insurance prices are made up of many risk factors and change dramatically, so the lowest-price company the last time you shopped around may now be costing you a lot of money.
Find the Cheapest Car Insurance with License Points
|Rank||Company||Cost Per Year|
|5||Farmers Mutual of Nebraska||$989|
|6||Farm Bureau Mutual||$990|
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Safeco may have some of the best car insurance rates in Omaha at around $812 a year. This is $504 less than the average rate paid by Nebraska drivers of $1,316. The Hartford, Auto-Owners, Allied, and Farmers Mutual of Nebraska are also some of the cheapest Omaha, NE auto insurance companies.
As depicted above, if you are currently insured with Allied and switched to The Hartford, you could earn annual savings of about $74. Nebraska drivers with Farmers Mutual of Nebraska may save as much as $124 a year, and Farm Bureau Mutual insureds might reduce prices by as much as $125 a year.
To see if your current coverage is too expensive, click here to begin a quote or quote prices from the following companies.
Remember that these policy rates are averaged across all types of insureds and vehicles and are not factoring in a specific location with multiple speeding tickets. So the company that is best suited for you may not even be in the top 24 companies in the list above. That illustrates why you need to compare rates from multiple companies using your own driver data and vehicle information.
Responsible drivers pay cheaper Omaha auto insurance rates
A great way to score cheap auto insurance prices in Omaha after a few driving violations is to drive carefully and avoid accidents and traffic citations. The illustration below illustrates how speeding tickets and fender-benders can impact annual premium costs for different age categories. The costs are based on a married male driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.
In the chart above, the average cost of car insurance per year with a clean driving record and no accidents is $1,448. Factor in one speeding ticket and the average cost rises to $1,667, an increase of $219 each year. Now include two accidents along with the one speeding ticket and the yearly cost of auto insurance with multiple speeding tickets goes up to an average of $3,719. That’s an increase of $2,271, or $189 per month, just for not paying attention while driving!
How to get discounts on Omaha insurance
Insurers that offer coverage with multiple speeding tickets may have rate discounts that could reduce prices by 40% or more if you meet the requirements. Popular auto insurance companies and a selection of discounts are outlined below.
- State Farm may offer discounts for multiple policy, multiple autos, defensive driving training, driver’s education, good student, and Drive Safe & Save.
- Farmers Insurance includes discounts for distant student, business and professional, homeowner, youthful driver, bundle discounts, pay in full, and good student.
- Progressive policyholders can earn discounts including multi-vehicle, continuous coverage, multi-policy, homeowner, good student, online signing, and online quote discount.
- GEICO has savings for membership and employees, good student, anti-lock brakes, military active duty, multi-vehicle, driver training, and seat belt use.
- Auto-Owners Insurance offers discounts for multi-policy, safe driver, air bags, paperless, student away at school, good student, and teen driver.
- The Hartford may include discounts for bundle, vehicle fuel type, good student, air bag, anti-theft, defensive driver, and driver training.
- Farm Bureau offers discounts including multi-vehicle, 55 and retired, renewal discount, youthful driver, safe driver, multi-policy, and driver training.
- USAA discounts include annual mileage, multi-policy, safe driver, multi-vehicle, new vehicle, and driver training.
The chart below illustrates the comparison of annual premium costs with and without discounts applied to the policy premium. The rate quotes are based on a female driver, no accidents and three citations, Nebraska state minimum liability limits, comp and collision included, and $250 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second shows the rates with homeowner, marriage, paperless filing, vehicle safety, continuous coverage, and multiple vehicle discounts applied. When discounts are applied, theaverage yearly reduction on auto insurance with multiple speeding tickets is 28% or $860.
Can you find cheaper Omaha car insurance?
Nebraska auto insurance rates are impacted by many things which can substantially decrease or increase the cost of your policy. Improving your credit score, moving across town, or getting a ticket for running a stop sign can cause premium changes that may make certain companies more affordable than before.
Additionally, companies change prices every year or even multiple times each year to adjust for gains or losses. Higher than usual claims can cause rate increases, while long-term profits may result in lower-cost Omaha car insurance rates.
The graph below analyzes the cheapest car insurance in Omaha, NE for a 45-year-old male driver with no accidents, a clean driving record, and a high credit rating. If we estimate prices based on his personal profile, Safeco might offer the most affordable car insurance rates in Omaha at $868 each year. This is $448 less than the average policy premium paid by Nebraska drivers of $1,316. The Hartford, Allied, Auto-Owners, and Farmers Mutual of Nebraska are also on the list of the top five cheapest Omaha, NE auto insurance companies.
In this example, we will give the driver from the first example a couple of claims, less-than-perfect credit, and a speeding ticket. Because each insurer uses their own method to determining premium rates, getting updated rate quotes could result in a significantly different list of the cheapest Omaha car insurance companies as shown below.
Nationwide now has the best price in Omaha, NE with State Farm, American National, General Casualty, and USAA also having competitive pricing. This demonstrates why it is crucial to compare lots of rates to find the lowest car insurance rates with multiple speeding tickets. Car insurance prices consist of many things and change frequently, so the cheapest rate the last time you shopped your coverage around may now be quite expensive.
How to find economical auto insurance with multiple speeding tickets
It is possible to find better rates, and here are a few penny-pinching solutions that can help Nebraska drivers find cheap coverage.
- Save money by insuring older vehicles for liability only
- Avoid at-fault accidents and claims
- Increase your policy deductibles
- You will pay more if you get tickets or have at-fault accidents
- Pay for small claims rather than turning them in to your insurance company
- Compare rates once a year for cheaper prices
The last idea is certainly vital, as was affirmed in this piece. Coverage rates adjust frequently, so don’t be afraid to switch companies if you find a cheaper price. Many drivers have brand loyalty and that’s fine, but it’s not a great idea if that devotion results in you overpaying a small fortune year after year. Now is a great time to compare prices to find cheaper car insurance with multiple speeding tickets in Omaha.
If you would rather get some professional advice when trying to find the best insurance rates with multiple speeding tickets, the agents listed below can most likely help you determine which insurance coverage you need.
To locate an agency using an interactive map, click the link at the bottom.
- Chastain-Otis Insurance and Financial Services
10822 Old Mill Rd #2 – Omaha, NE 68154 – (402) 397-2500
- Tom Kaspar – State Farm Insurance Agent
1722 N 120th St – Omaha, NE 68154 – (402) 493-0101
- Erica Wilkinson – State Farm Insurance Agent
7601 Pacific St – Omaha, NE 68114 – (402) 590-2020
- Steve Skidmore – State Farm Insurance Agent
17525 Gold Plaza #105 – Omaha, NE 68130 – (402) 330-9200
- American Family Insurance – John Cuenca
4601 S 50th St Ste 306 – Omaha, NE 68117 – (402) 614-5004