The words “low-priced” and “insurance” probably shouldn’t be used together, specifically when you are trying to find the best car insurance for retired military. In an attempt to save some money, let’s start the ball rolling by going over a few of the things that significantly impact car insurance rates, and find a few ways to reduce the price of your next policy.
For veterans, one of the more important components that determine the amount you pay for auto insurance is the neighborhood you call home. More densely populated places are more likely to pay higher prices, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower coverage costs.
The following table shows the highest-priced areas in Nebraska for retired military in which to purchase auto insurance. Omaha shows up at #10 with an annual premium of $1,233 for car insurance, which is about $103 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Gering | $1,357 |
| 2 | Scottsbluff | $1,320 |
| 3 | Lexington | $1,316 |
| 4 | North Platte | $1,301 |
| 5 | Alliance | $1,300 |
| 6 | South Sioux City | $1,290 |
| 7 | McCook | $1,279 |
| 8 | Blair | $1,236 |
| 9 | Beatrice | $1,235 |
| 10 | Omaha | $1,233 |
| 11 | Kearney | $1,200 |
| 12 | Crete | $1,198 |
| 13 | Hastings | $1,193 |
| 14 | Seward | $1,191 |
| 15 | Nebraska City | $1,188 |
| 16 | Norfolk | $1,159 |
| 17 | Bellevue | $1,155 |
| 18 | Columbus | $1,150 |
| 19 | York | $1,145 |
| 20 | Fremont | $1,131 |
| Find Cheaper Rates Go | ||
Rate quotes are estimated as the specific area where the vehicle is garaged can modify premium rates considerably.
The type of vehicle that needs insurance is probably the biggest factor that determines whether or not you can buy the cheapest car insurance for retired military. Vehicles with limited top-end speed, an excellent safety record, or a positive history of liability claims will cost significantly less to insure than higher performance models. The list below showcases insurance premiums for a handful of the most affordable automobiles to buy coverage for.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 4WD | $921 |
| Toyota Prius | $998 |
| Ford Escape XLS 4WD | $1,029 |
| Honda Civic DX 4-Dr Sedan | $1,045 |
| Chevrolet Equinox LS 2WD | $1,066 |
| Volkswagen Jetta LE 4-Dr Sedan | $1,074 |
| Jeep Grand Cherokee Laredo 4WD | $1,066 |
| Chevrolet Malibu LT | $1,087 |
| Ford Explorer Eddie Bauer AWD | $1,092 |
| Dodge Grand Caravan Crew | $1,087 |
| Hyundai Elantra Blue 4-Dr Sedan | $1,101 |
| Toyota Corolla XLE | $1,122 |
| Toyota Tacoma X-Runner 2WD | $1,128 |
| Honda Accord EX-L 4-Dr Sedan | $1,122 |
| Chevrolet Silverado LS Regular Cab 4WD | $1,125 |
| Nissan Altima Hybrid 4-Dr Sedan | $1,143 |
| GMC Sierra SLE Crew Cab 4WD | $1,150 |
| Chevrolet Silverado 2500HD LT Crew Cab 4WD | $1,143 |
| Jeep Wrangler Unlimited Rubicon 4WD 4-Dr | $1,179 |
| Ford Edge SEL 2WD | $1,190 |
| Compare Rates Now Go | |
Data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Premium amounts do not factor in the specific area where the vehicle is garaged which can influence auto insurance rates greatly.
Based upon the table data, you can expect vehicles like the Honda CR-V, Toyota Prius, and Ford Escape are the cheapest vehicles to insure for veterans.
Finding good, low-cost auto insurance is not the easiest thing to do, and determining which companies have the lowest-priced car insurance rates for retired military will involve additional perseverance.
Each company uses their own method to determine premium rates, so let’s begin by examining the most competitive car insurance companies in Omaha, NE. It’s a good idea to know that Omaha car insurance rates are influenced by many factors that will increase or decrease the policy price. This price fluctuation is why it is critical to take the time to shop around to find the most affordable auto insurance quotes for retired military. Insurance prices can be determined by many factors and change substantially, so the cheapest option three years ago may now be costing you a lot of money.
Cheapest Insurance Rates for Vets
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Safeco | $780 |
| 2 | The Hartford | $839 |
| 3 | Auto-Owners | $932 |
| 4 | Allied | $939 |
| 5 | Farm Bureau Mutual | $990 |
| 6 | Farmers Mutual of Nebraska | $1,009 |
| 7 | Nationwide | $1,037 |
| 8 | American National | $1,065 |
| 9 | State Farm | $1,075 |
| 10 | General Casualty | $1,092 |
| 11 | USAA | $1,128 |
| 12 | California Casualty | $1,257 |
| 13 | American Family | $1,284 |
| 14 | MetLife | $1,293 |
| 15 | EMC | $1,300 |
| 16 | Iowa Mutual | $1,308 |
| 17 | GEICO | $1,348 |
| 18 | Progressive | $1,460 |
| 19 | Farmers | $1,650 |
| 20 | North Star | $1,693 |
| Quote Your Rates Go | ||
Safeco quotes some of the most affordable car insurance rates in Omaha at around $780 each year. The Hartford, Auto-Owners, Allied, and Farm Bureau Mutual also qualify as some of the lowest-priced Omaha, NE car insurance companies.
As the rates illustrate above, if you currently have a policy with Auto-Owners and switched to Safeco, you might realize an annual savings of approximately $152. Drivers with Allied may save as much as $159 a year, and Farm Bureau Mutual insureds might realize rate reductions of up to $210 a year.
To find the cheapest rates for your vehicle, click here to start a quote or visit any of the companies below.
Bear in mind that those policy rates are averages for all ages of drivers and types of vehicles and and are not calculated with an exact vehicle garaging location for retired military. So the company that has the cheapest rates for you may not even be in the list above. That is why you need to get car insurance quotes using your own driver and vehicle profiles.
Get discounts on Omaha car insurance rates
Insurance providers that provide coverage for retired military may also offer premium discounts that may potentially lower prices by as much as 40% or more if you meet eligibility requirements. A few popular companies and a partial list of their discounts are:
- Farm Bureau policyholders can earn discounts including multi-vehicle, safe driver, 55 and retired, multi-policy, good student, and renewal discount.
- Liberty Mutual discounts include new vehicle discount, good student, exclusive group savings, multi-car, new move discount, and safety features.
- State Farm may have discounts that include multiple autos, good student, Steer Clear safe driver discount, student away at school, driver’s education, good driver, and passive restraint.
- Auto-Owners Insurance has savings for paperless, safe driver, multi-policy, multiple vehicles, air bags, and mature driver.
- GEICO offers discounts for emergency military deployment, anti-lock brakes, good student, anti-theft, defensive driver, and driver training.
- SAFECO may include discounts for multi-car, safe driver, homeowner, teen safe driver, accident prevention training, teen safety rewards, and anti-lock brakes.
The diagram below illustrates the difference between insurance rates with and without policy discounts. The premiums are based on a male driver, no claims or driving citations, Nebraska state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with homeowner, multiple vehicle, marriage, passive restraint, safe-driver, and anti-theft discounts applied. In this example, theamount saved on car insurance for retired military is 28% or $392.
Picking a high-quality company can be challenging considering how many companies sell coverage in Omaha. The ranking data in the lists below could help you select which companies to look at when comparing insurance rates for retired military.
The rankings below only include large, nationwide insurance companies, so companies without a large exposure are not factored into the list. To get price quotes from these and other companies in Nebraska, simply click here.
| 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 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
The chart below demonstrates how deductibles can change insurance costs when getting quotes for cheap insurance for retired military. The premium estimates are based on a single male driver, comprehensive and collision coverage, and no discounts are applied.
In the chart above, a 40-year-old driver could pocket $334 a year by increasing from a $100 deductible up to a $500 deductible, or save $502 by using a $1,000 deductible. Even younger insureds, like the 20-year-old example, can cut up to $1,114 annually by choosing a higher deductible.
When using a larger deductible, it is important to have enough funds in savings to enable you to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Don’t make the mistake of not shopping around
Nebraska car insurance rates are impacted by many factors which can substantially decrease or increase the price you pay. Improving your credit rating, becoming a homeowner, or having an at-fault accident can trigger changes in premium resulting in some rates now being cheaper in comparison to the competition. Not only may your risk profile change, but insurers file new Nebraska auto insurance rates without warning to adjust for gains or losses. Unexpectedly high claims may cause rate hikes, while better underwriting may cause more affordable Omaha car insurance rates.
To illustrate this point, the chart below shows the companies that have the cheapest car insurance in Omaha, NE for a 35-year-old female driver with a clean driving record, no accidents, and good credit. Based on her current risk profile, Safeco may offer the best car insurance rates in Omaha at $951 annually. This is $365 less than the average price paid by Nebraska drivers of $1,316. The Hartford, Auto-Owners, Allied, and Farmers Mutual of Nebraska are the remaining best Omaha, NE auto insurance companies.
The chart below compares rates after we give the driver from above a claim or two, a lower credit rating, and a few traffic violations. Since each insurance company uses their own method for determining prices, comparing quotes most likely will result in a new list of companies as shown below.
Nationwide now has the lowest price on auto insurance in Omaha, NE with State Farm, American National, General Casualty, and USAA also having competitive pricing. This demonstrates why Nebraska drivers need to compare as many rates as possible when trying to get the most economical insurance quotes for retired military. Insurance rates are made up of many things and change substantially, so the lowest-price company when you bought your policy may now be priced much higher than other options.
If you aren’t sure which coverage you need and prefer to have a professional recommendation when trying to find lower insurance rates for veterans, the agents listed below can probably answer your questions and help you decide which policy fits your needs best.
To locate an Omaha auto insurance agent using an interactive map, click the button below the list or click here to compare rates now.
Action Insurance
12100 W Center Rd #208 – Omaha, NE 68144 – (402) 697-8181
Rudy Partida – State Farm Insurance Agent
639 N 98th St – Omaha, NE 68114 – (402) 333-5104
Len Siedlik – State Farm Insurance Agent
12781 Q St – Omaha, NE 68137 – (402) 895-4446
American Family Insurance – John Cuenca
4601 S 50th St Ste 306 – Omaha, NE 68117 – (402) 614-5004
New Frontier Insurance
3637 S 24th St – Omaha, NE 68108 – (402) 731-2505