It’s hard to believe, but 70% of consumers renewed their policy with the same company for over three years, and nearly the majority have never compared quotes from other companies. Nebraska consumers could pocket nearly 30% a year by just comparing quotes, but they don’t believe the big savings they would realize if they switched to a more affordable policy.
Really, the only way to find discount car insurance rates is to do an annual price comparison from providers in Omaha. You can shop around by following these steps.
First, spend some time learning about coverages and the changes you can make to drop your rates. Many factors that result in higher rates like at-fault accidents and an imperfect credit score can be amended by making minor driving habit or lifestyle changes. This article gives additional ideas to prevent high prices and find hidden discounts.
Second, compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from a single company like Progressive or State Farm, while independent agents can give you price quotes for many different companies.
Third, compare the new rate quotes to your existing policy and determine if cheaper Equinox coverage is available. If you find a lower rate, make sure coverage is continuous and does not lapse.
Fourth, tell your current company to cancel your current policy and submit payment and a completed application for the new coverage. Be sure to store the proof of insurance certificate in your vehicle.
A valuable tip to remember is to use the same physical damage deductibles and liability limits on each quote and and to get rate quotes from as many companies as feasibly possible. This provides the most accurate price comparison and a complete rate analysis.
These tips will instruct you on how auto insurance companies operate and some money-saving tips. If you have insurance now, you will be able to buy cheaper car insurance using these methods. Although Nebraska vehicle owners can benefit from knowing how the larger insurance companies price insurance differently and use this information to your advantage.
Cheap Chevy insurance rate quotes in Omaha
The providers in the list below provide price comparisons in Omaha, NE. To find the cheapest car insurance in Omaha, NE, we recommend you visit two to three different companies to get a more complete price comparison.
Car insurance analysis for a Chevy Equinox
The table displayed below covers estimates of insurance costs for Chevy Equinox models. Having a better understanding of how rates are figured can help guide drivers when making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $178 | $324 | $282 | $16 | $84 | $884 | $74 |
| Equinox LT 2WD | $178 | $324 | $282 | $16 | $84 | $884 | $74 |
| Equinox LS AWD | $178 | $324 | $282 | $16 | $84 | $884 | $74 |
| Equinox LT AWD | $178 | $324 | $282 | $16 | $84 | $884 | $74 |
| Equinox LTZ 2WD | $202 | $382 | $282 | $16 | $84 | $966 | $81 |
| Equinox LTZ AWD | $202 | $382 | $282 | $16 | $84 | $966 | $81 |
| Equinox LTZ AWD | $202 | $382 | $282 | $16 | $84 | $966 | $81 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Nebraska minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Rates do not factor in garaging location in Omaha which can decrease or increase premiums significantly.
Physical damage deductibles
One frequently asked question is how high should the physical damage deductibles be. The comparison tables below may help to illustrate the price difference when you buy lower versus higher comp and collision deductibles. The first pricing table uses a $250 deductible for comprehensive and collision coverage and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Equinox LT 2WD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Equinox LS AWD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Equinox LT AWD | $232 | $390 | $300 | $18 | $90 | $1,055 | $88 |
| Equinox LTZ 2WD | $262 | $460 | $300 | $18 | $90 | $1,155 | $96 |
| Equinox LTZ AWD | $262 | $460 | $300 | $18 | $90 | $1,155 | $96 |
| Equinox LTZ AWD | $262 | $460 | $300 | $18 | $90 | $1,155 | $96 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Equinox LS 2WD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Equinox LT 2WD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Equinox LS AWD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Equinox LT AWD | $144 | $246 | $300 | $18 | $90 | $798 | $67 |
| Equinox LTZ 2WD | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| Equinox LTZ AWD | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| Equinox LTZ AWD | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Price information does not factor in specific location which can impact premium rates substantially.
Based on the data above, we can derive that using a $250 deductible will cost you approximately $22 more each month or $264 annually than requesting the higher $1,000 deductible. Because you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 34 months between claim filings, you would come out ahead by going with a higher deductible.
How to determine when to raise deductibles
| Average monthly premium for $250 deductibles: | $91 |
| Average monthly premium for $1,000 deductibles (subtract): | – $69 |
| Monthly savings from raising deductible: | $22 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $22 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 34 months |
One important note is that higher deductibles means you pay more out-of-pocket if you have a claim. You need to have some extra savings in the event you need to pay the deductible to have repairs made.
The information below shows how different deductible levels and can increase or decrease Chevy Equinox yearly insurance costs for each age group. The rates are based on a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Impact of careless driving on Omaha car insurance rates
The diagram below highlights how speeding tickets and accidents raise Chevy Equinox premium costs for different age groups of insureds. The rate quotes are based on a married male driver, comp and collision included, $500 deductibles, and no discounts are taken into consideration.
Car insurance rates by gender and age in Omaha
The diagram below illustrates the comparison of Chevy Equinox premium costs for male and female drivers. Data assumes no claims or driving citations, comprehensive and collision coverage, $100 deductibles, single marital status, and no discounts are taken into consideration.
Rate difference between full and liability-only coverage
The information below shows the difference between Chevy Equinox premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Nebraska. Data assumes no claims or violations, $1,000 deductibles, marital status is single, and no policy discounts are applied.
Guidelines for eliminating full coverage
There is no specific rule that is best for determining when to drop physical damage insurance, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than about 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s say your Chevy Equinox replacement cost is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $2,000 after the policy deductible has been paid. If premium cost is more than $200 a year to have full coverage, then you might want to think about dropping full coverage.
There are a few cases where eliminating full coverage is not recommended. If you still owe a portion of the original loan, you are required to maintain full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.
Lower-cost Chevy Equinox insurance rates in Omaha
Auto insurance companies do not advertise all available discounts very well, so the list below contains some of the best known as well as the least known credits available to lower your premiums when you buy Omaha car insurance online.
- Drivers Ed for Students – Require your teen driver to enroll and complete driver’s education in school.
- Multi-line Discount – Select companies reward you with a small discount if you purchase a life insurance policy as well.
- Multiple Vehicles – Buying a policy with primary and secondary vehicles on a single policy can reduce the rates for all insured vehicles.
- Military Deployment Discount – Having a family member in the military could mean lower prices.
- Discounts for Government Workers – Having worked for a branch of the government could provide a small rate reduction with some auto insurance companies.
- Full Payment Discount – If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
- Telematics Discount – Policyholders that allow driving data collection to scrutinize driving habits by using a telematics device in their vehicle like Allstate’s Drivewise may see discounts if they have good driving habits.
As a footnote on discounts, most of the big mark downs will not be given to the whole policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though you would think all the discounts add up to a free policy, it doesn’t quite work that way.
The illustration below visualizes the comparison of Chevy Equinox insurance premiums with and without discounts applied to the premium. The premiums assume a male driver, no claims, a clean driving record, Nebraska state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, multi-policy, marriage, and multi-car discounts applied.
Companies that possibly offer most of these discounts are:
When comparing rates, check with all the companies how many discounts you can get. All car insurance discounts may not apply in Omaha. To see a list of auto insurance companies that offer many of these discounts in Omaha, click this link.
When to get professional advice
When it comes to choosing coverage online or from an agent, there really is no single plan that fits everyone. You are unique.
These are some specific questions may help highlight whether you would benefit from professional advice.
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- Do I need to file an SR-22 for a DUI in Nebraska?
- How many claims can I have before being canceled?
- What does roadside assistance cover?
- If I use my vehicle for business use is it covered?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.
Insurance agents near you
A small number of people prefer to buy from a local agent and that is a personal choice. A good thing about getting online price quotes is the fact that you can find the best rates and also buy local. Supporting small agencies is definitely important in Omaha.
To find an agent, once you fill out this form (opens in new window), your insurance data gets sent to local insurance agents that provide free Omaha car insurance quotes for your insurance coverage. You never need to leave your house since rate quotes are delivered to your email. It’s the lowest rates and an insurance agent to talk to. If you wish to compare rates for a specific company, feel free to go to their quote page and complete a quote there.
Listed below are agents in Omaha that may be willing to give comparison quotes for Chevy Equinox insurance in Omaha.
- American Family Insurance – John Cuenca
4601 S 50th St Ste 306 – Omaha, NE 68117 – (402) 614-5004 – View Map - Action Insurance
12100 W Center Rd #208 – Omaha, NE 68144 – (402) 697-8181 – View Map - State Farm® insurance – Cort Bonner
3125 N 120th St – Omaha, NE 68164 – (402) 934-4141 – View Map - Best Insurance Agency
7300 F St – Omaha, NE 68127 – (402) 331-1515 – View Map
Picking the best provider shouldn’t rely on just a low price. Get answers to these questions too.
- How long has the business existed?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- Is there a 24/7 contact number?
- Can you get a list of referrals?
- If you raise deductibles, how much can you save?
- If your car is totaled, how to they determine the replacement cost?
- Is vehicle mileage a factor when determining depreciation for repairs?
What is the best auto insurance company in Nebraska?
Finding a highly-rated company can be difficult considering how many companies there are in Nebraska. The ranking information shown next can help you choose which car insurance providers to look at when comparing rate quotes.
Top 10 Omaha Car Insurance Companies Overall
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Top 10 Omaha Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- Nationwide
- State Farm
- Safeco Insurance
- American Family
- Titan Insurance
- Travelers
- Liberty Mutual
- GEICO
- Allstate
Find cheap insurance prices by comparing often
Lower-priced insurance in Omaha can be bought from both online companies as well as from insurance agents, so you need to quote Omaha car insurance with both in order to have the best price selection to choose from. Some insurance companies may not offer online price quotes and usually these regional insurance providers sell through independent agencies.
We covered many tips how you can lower your Chevy Equinox insurance prices in Omaha. The key concept to understand is the more price quotes you have, the higher your chance of finding affordable Chevrolet Equinox insurance quotes. You may even be surprised to find that the lowest prices are with some of the lesser-known companies.
When getting Omaha car insurance quotes online, it’s a bad idea to skimp on coverage in order to save money. There are too many instances where an accident victim reduced physical damage coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy the best coverage you can find for the lowest cost, not the least amount of coverage.
Additional detailed information is available in these articles:
- Should I Buy a New or Used Car? (Allstate)
- Who Has the Cheapest Car Insurance Rates for a Learners Permit in Omaha? (FAQ)
- How Much are Omaha Auto Insurance Rates for Drivers Over Age 70? (FAQ)
- How Much are Car Insurance Quotes for a Ford Escape in Omaha? (FAQ)
- Who Has Affordable Auto Insurance for Young Drivers in Omaha? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Teachers in Omaha? (FAQ)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- State Car Insurance Guides (GEICO)
- Collision Insurance Coverage (Nationwide)