The vehicle model on the policy is probably the biggest factor when comparing quotes for the cheapest car insurance for a learners permit. Vehicles with high performance, poor crash test ratings, or an increased likelihood of liability claims will cost more to insure than safer models. The list below ranks coverage rates for a number of the most cost-effective vehicles to insure.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX-P 4-Dr Sedan | $3,830 |
| Honda CR-V EX-L 2WD | $3,866 |
| Ford Escape Limited 4WD | $4,100 |
| Toyota Prius | $4,134 |
| Ford Explorer Eddie Bauer 2WD | $4,310 |
| Ford Edge SEL AWD | $4,508 |
| Toyota Camry LE | $4,544 |
| Chevrolet Malibu LS | $4,554 |
| Ford Fusion S 4-Dr Sedan | $4,544 |
| Toyota RAV4 4WD | $4,554 |
| Volkswagen Jetta S 4-Dr Sedan | $4,544 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $4,577 |
| Dodge Grand Caravan Crew | $4,585 |
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Data variables include single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include safe-driver, and claim-free. Information does not factor in vehicle location which can raise or lower coverage prices greatly.
Looking at the numbers, you can see that models like the Honda Accord, Honda CR-V, Ford Escape, Toyota Prius, and Ford Explorer will definitely be a few of the most affordable vehicles to insure for new drivers. The cost of auto insurance will be higher anyway just due to the fact that there is more liability risk for a learners permit, but in general those models will most likely have the least expensive rates that you are likely to find.
One of the many criteria that are looked at to determine auto insurance rates is where you keep your car in Omaha. Larger areas likely pay more, whereas areas with lower vehicle theft rates and fewer weather claims benefit from having to pay less for coverage.
The following table shows the highest-priced areas in Nebraska for a learners permit to buy an auto insurance policy in. Omaha is ranked #11 with an annual rate of $1,233 for the average policyholder, which is around $103 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Scottsbluff | $1,374 |
| 2 | Gering | $1,343 |
| 3 | McCook | $1,331 |
| 4 | Lexington | $1,316 |
| 5 | Alliance | $1,314 |
| 6 | North Platte | $1,288 |
| 7 | South Sioux City | $1,264 |
| 8 | Kearney | $1,236 |
| 9 | Blair | $1,236 |
| 10 | Crete | $1,234 |
| 11 | Omaha | $1,233 |
| 12 | Seward | $1,227 |
| 13 | Beatrice | $1,222 |
| 14 | Nebraska City | $1,212 |
| 15 | Norfolk | $1,159 |
| 16 | Hastings | $1,158 |
| 17 | Bellevue | $1,155 |
| 18 | Columbus | $1,150 |
| 19 | York | $1,145 |
| 20 | Fremont | $1,131 |
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Prices are approximated as the garaging address in Omaha can influence rates noticeably.
Picking a high-quality insurance provider is hard considering how many choices there are in Omaha. The ranking information shown below could help you pick which car insurance companies to look at comparing price quotes from.
These ratings are for the largest companies in the United States, so smaller companies are not factored into this list. To compare rates from the insurers below and more, click this link.
| 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 |
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Data Source: Insure.com Best Car Insurance Companies
How much more does full coverage cost in Omaha?
Buying cheaper car insurance is important to most drivers, and one common way to pay lower rates for insurance for a learners permit is to buy only liability coverage. The illustration below shows the difference between insurance costs with full physical damage coverage and with liability coverage only. The rate quotes are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single status, and no other discounts are factored in.
Averaged out for all age groups, physical damage coverage on your policy costs an extra $1,704 per year over and above liability only. That raises the question when is the right time to remove full coverage. There is no exact rule that works best for making the decision to drop physical damage coverage, but there is a general guideline you can use. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.
There are some cases where removing full coverage is not a good idea. If you haven’t paid off your loan, you have to maintain full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.
The example below highlights how deductible selection can change yearly insurance costs when getting quotes for cheap insurance for a learners permit. The costs are based on a single female driver, full coverage, and no policy discounts are applied.
As shown above, a 40-year-old driver could lower rates by $322 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $484 by switching to a $1,000 deductible. Younger drivers, such as the Age 20 example, can cut as much as $824 annually by using higher deductibles when buying full coverage.
If you do decide to increase your deductibles, it is necessary to have additional funds in a savings account to allow you to pay the extra out-of-pocket expense that comes with higher deductibles.
Ideas for buying more affordable auto insurance for a learners permit
Lowering your rates is not difficult, and here are some of the better penny-pinching suggestions that can help you quote cheap coverage.
- You will pay more if you get tickets or have at-fault accidents
- Improve your credit score
- If possible, do not file small claims
- Avoid having at-fault accidents
- Buy a vehicle with excellent safety ratings
- Shop around for cheaper prices
The last tip is notably critical, as was noted in this piece. Coverage rates vary greatly, so drivers shouldn’t hesitate to switch to a new company if a lower price can be found. Many drivers tend to have loyalty to a certain company, but it’s not recommended if your bullheadedness ends up costing you a lot of money. Take a couple minutes and compare rates to find cheaper auto insurance for a learners permit in Omaha.