It’s a fact that insurance companies don’t want you to look for cheaper rates. People who compare other rates are very likely to switch companies because there is a significant possibility of finding a more affordable policy premium. A recent auto insurance study discovered that drivers who compared price quotes annually saved over $72 a month compared to other drivers who never shopped around.
If finding the cheapest price for Chevy Traverse insurance in Omaha is your objective, then understanding the best ways to shop for coverage rates can make the process less intimidating.
It takes a few minutes, but the best way to save money on Chevy Traverse insurance in Omaha is to compare quotes annually from different companies who provide car insurance in Nebraska.
Step 1: Try to learn a little about how auto insurance works and the steps you can take to drop your rates. Many things that drive up the price like traffic tickets, fender benders, and a substandard credit history can be improved by being financially responsible and driving safely.
Step 2: Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from one company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes from multiple insurance companies.
Step 3: Compare the new quotes to your existing rates and see if there is a cheaper rate in Omaha. If you find a lower rate quote and decide to switch, make sure coverage does not lapse between policies.
Step 4: Give proper notification to your current agent or company to cancel your current auto insurance policy. Submit payment and a signed application to the new company. Once coverage is bound, place your new certificate of insurance in a readily accessible location in your vehicle.
One tip to remember is to make sure you’re comparing the same level of coverage on every quote request and and to get rate quotes from every company you can. This enables an apples-to-apples comparison and many rates to choose from.
Rate information and statistics
The price information below outlines estimates of rate quotes for Chevy Traverse models. Learning more about how car insurance premiums are figured can be useful when making smart buying decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Traverse LS 2WD||$162||$254||$268||$16||$80||$780||$65|
|Traverse LS AWD||$182||$254||$268||$16||$80||$800||$67|
|Traverse LT 2WD||$182||$254||$268||$16||$80||$800||$67|
|Traverse LT AWD||$182||$308||$268||$16||$80||$854||$71|
|Traverse LTZ 2WD||$182||$308||$268||$16||$80||$854||$71|
|Traverse LTZ AWD||$182||$308||$268||$16||$80||$854||$71|
|Get Your Own Custom Quote Go|
Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Premium costs do not factor in vehicle garaging location which can impact price quotes significantly.
Driving violations and accidents
The chart below illustrates how speeding tickets and at-fault accidents can drive up Chevy Traverse insurance costs for different age groups of insureds. The premium estimates are based on a married female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.
Ratings for Omaha car insurance companies
Selecting the highest-rated car insurance company can be a challenge considering how many different companies insure vehicles in Omaha. The information shown below can help you pick which auto insurers to look at comparing rate quotes with.
Top 10 Omaha Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 92%
- American Family – 88%
- State Farm – 88%
- Nationwide – 88%
- 21st Century – 88%
- AAA Insurance – 87%
- Liberty Mutual – 87%
- Farmers Insurance – 87%
- The Hartford – 87%
- Progressive – 87%
Top 10 Omaha Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- State Farm
- Safeco Insurance
- American Family
- Titan Insurance
- Liberty Mutual
Information about specific coverages
Knowing the specifics of your insurance policy can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Shown next are the usual coverages found on the average insurance policy.
Coverage for liability
This coverage will cover damages or injuries you inflict on other’s property or people that is your fault. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Another option is one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability can pay for things like medical expenses, repair costs for stationary objects, bail bonds, repair bills for other people’s vehicles and medical services. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford. Nebraska state minimum liability requirements are 25/50/25 but drivers should carry higher limits.
The chart below demonstrates why low liability limits may not be adequate.
Comprehensive or Other Than Collision
Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things like a tree branch falling on your vehicle, a broken windshield and fire damage. The most your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.
This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.
Collision coverage pays for things like crashing into a building, hitting a mailbox, hitting a parking meter and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible on your Traverse in order to get cheaper collision rates.
Medical costs insurance
Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as hospital visits, doctor visits, prosthetic devices, dental work and chiropractic care. They are often utilized in addition to your health insurance policy or if you do not have health coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
This protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your Chevy Traverse.
Since a lot of drivers have only the minimum liability required by law (Nebraska limits are 25/50/25), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently these coverages are similar to your liability insurance amounts.
Cheap insurance is out there
We just covered a lot of tips how to lower your Chevy Traverse insurance prices in Omaha. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. Drivers may even discover the lowest prices are with a small mutual company. These smaller insurers may only write in your state and offer lower rates than the large multi-state companies such as GEICO and State Farm.
While you’re price shopping online, never buy less coverage just to save a little money. In many cases, someone sacrificed collision coverage and learned later they didn’t purchase enough coverage. Your strategy should be to purchase plenty of coverage at the best possible price while not skimping on critical coverages.
Other learning opportunities
- Tread Depth and Tire Safety (State Farm)
- What Car Insurance is Cheapest for Government Employees in Omaha? (FAQ)
- Who Has the Cheapest Omaha Car Insurance Rates for Electric Cars? (FAQ)
- Who Has the Cheapest Auto Insurance for Safe Drivers in Omaha? (FAQ)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Event Data Recorders FAQ (iihs.org)