Figuring out which companies have the most affordable car insurance rates for young drivers may require a little more work in order to find a policy that fits your budget. Each auto insurer has a different process for setting prices, so let’s take a look at the car insurance companies with the most affordable rates in Nebraska.
We do need to point out that Omaha, NE car insurance rates are influenced by many factors that may substantially change the price of coverage. Getting older, adding a teenager to your policy, or getting a driving violation can produce rate changes resulting in some companies being more affordable than before.
Best Insurance Companies for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Safeco | $804 |
| 2 | The Hartford | $847 |
| 3 | Auto-Owners | $905 |
| 4 | Allied | $939 |
| 5 | Farm Bureau Mutual | $990 |
| 6 | Nationwide | $997 |
| 7 | Farmers Mutual of Nebraska | $1,019 |
| 8 | State Farm | $1,065 |
| 9 | American National | $1,098 |
| 10 | General Casualty | $1,125 |
| 11 | USAA | $1,128 |
| 12 | American Family | $1,258 |
| 13 | Iowa Mutual | $1,308 |
| 14 | GEICO | $1,308 |
| 15 | California Casualty | $1,309 |
| 16 | MetLife | $1,319 |
| 17 | EMC | $1,354 |
| 18 | Progressive | $1,417 |
| 19 | Farmers | $1,586 |
| 20 | North Star | $1,710 |
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Safeco generally has some of the cheapest car insurance rates in Omaha at around $804 a year. This is $512 less than the average rate paid by Nebraska drivers of $1,316. The Hartford, Auto-Owners, Allied, and Farm Bureau Mutual also make the cut as some of the most economical Omaha, NE auto insurance companies.
As the example above demonstrates, if you are a policyholder with Auto-Owners and switched to Safeco, you could realize yearly savings of roughly $101. Insureds with Allied could save as much as $135 a year, and Farm Bureau Mutual customers might lower prices by $186 a year.
Bear in mind that those premiums are averaged across all insureds and vehicles and and are not figured with a specific vehicle garaging location for young drivers. So the car insurance company that has the lowest price for you may not even be in the top 24 companies shown above. That helps illustrate why you need to quote rates from as many companies as possible using your own driver data and vehicle information.
The vehicle to be insured is one of the largest considerations when comparing the most affordable auto insurance for young drivers. Vehicles with lower performance, advanced safety features, or a positive history of liability claims will cost less to insure than higher performance models. The information below features insurance premiums for a number of the most budget-friendly automobiles to buy insurance for.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLT 2WD | $3,633 |
| Honda CR-V EX 2WD | $3,639 |
| Honda Accord EX-L 4-Dr Sedan | $3,898 |
| Hyundai Elantra SE Touring Station Wagon | $3,903 |
| Volkswagen Jetta S 2.5 Station Wagon | $3,898 |
| Toyota Prius | $3,934 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $4,047 |
| Chevrolet Silverado LS Regular Cab 4WD | $4,053 |
| Ford F-150 XLT Super Cab 4WD | $4,119 |
| Chevrolet Malibu Hybrid | $4,313 |
| Toyota RAV4 Sport 2WD | $4,321 |
| Toyota Tacoma Double Cab 4WD | $4,349 |
| Dodge Grand Caravan Crew | $4,359 |
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Prices above based on single female driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in specific zip code location which can affect insurance rates significantly.
Based upon these rates, you can figure that cars like the Ford Escape, Honda CR-V, Honda Accord, and Hyundai Elantra will definitely be the most economical vehicles to insure for youthful drivers. The price for car insurance will be more expensive just because there is more claim exposure for young drivers, but overall those specific models will most likely have the cheapest car insurance rates that you are likely to find.
Safe drivers pay cheaper rates
The ideal way to get the most affordable car insurance premiums in Nebraska for youthful drivers is to be a cautious driver and avoid accidents and keep your driving record clean. The example below shows how speeding tickets and at-fault collisions can increase insurance prices for each different age group. The premiums are based on a married female driver, full coverage, $250 deductibles, and no discounts are applied to the premium.
In the prior example, the average cost of an auto insurance policy in Omaha per year with no violations or accidents is $1,618. Get written up for two speeding tickets and the average cost jumps to $2,303, an increase of $685 each year. Now throw in two accidents along with the two speeding tickets and the 12-month cost of car insurance for young drivers jumps again to an average of $4,852. That’s an increase of $3,234, or $269 per month, just for being a little careless behind the wheel!
Omaha car insurance company ratings
Insuring your vehicle with the top auto insurance provider can be rather challenging considering how many different companies sell coverage in Nebraska. The company ratings listed below may help you choose which car insurance companies you want to consider buying from. The ratings below include companies that insure vehicles nationwide, so companies that have a smaller presence will not be included in the list.
| 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 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
How to find budget-friendly auto insurance for young drivers
Below you’ll find some of the better penny-pinching ideas that can help drivers get more affordable car insurance.
- Get cheaper liability coverage by choosing a safer vehicle
- Home or renters coverage can save on auto insurance
- Violations like speeding or DUI increase rates
- Pay less by remaining claim-free
- Accidents can significantly increase rates
- Compare rates and switch if you can find a better deal
The last tip is extraordinarily crucial, as we stressed in this write-up. Car insurance rates in Omaha vary considerably, so don’t be unwilling to switch to a new company if a more affordable rate is found. Staying with the same company for years is fine, but it’s not a great idea if that inflexibility results in costing you a small fortune. It takes less than five minutes to shop around to find cheaper car insurance for young drivers.