The car, truck, or SUV requiring coverage is probably the largest consideration when looking for economical insurance for 18 year olds. Vehicles with lower acceleration and performance, excellent safety ratings, or low incidents of liability claims will cost significantly less to insure than fast, unsafe models. The list below ranks coverage prices for a handful of the most budget-friendly vehicles to buy coverage for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $3,645 |
| Ford Escape Limited 2WD | $3,686 |
| Jeep Wrangler Sport 4WD 2-Dr | $3,799 |
| Toyota Prius | $3,971 |
| Dodge Grand Caravan CV | $4,083 |
| Ford Explorer XLT 2WD | $4,092 |
| Ford F-150 XLT Super Cab 4WD | $4,125 |
| Honda Odyssey EX | $4,285 |
| Ford Edge SEL AWD | $4,294 |
| Volkswagen Jetta LE 4-Dr Sedan | $4,326 |
| Toyota RAV4 Limited 4WD | $4,334 |
| Chevrolet Malibu LT | $4,368 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $4,377 |
| Honda Civic EX 4-Dr Sedan | $4,528 |
| Ford Focus SES 4-Dr Sedan | $4,535 |
| Compare Cheap Rates Go | |
Table data represents single male driver age 18, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Nebraska minimum liability limits. Discounts applied include safe-driver, and claim-free. Prices do not factor in specific location which can influence coverage rates considerably.
Looking at the rates, you can figure that vehicles like the Honda CR-V, Ford Escape, and Jeep Wrangler are some of the less-costly vehicles to insure for teen drivers. The price for an auto insurance policy will tend to be higher because of the fact that there is more exposure for 18 year olds, but in general those makes and models will probably have the best insurance prices compared to other types of vehicles.
Deciphering which companies have the lowest-priced auto insurance rates for 18 year olds will require a little more work than just quoting one company’s rates.
Each insurance company has a unique formula for filing rates in each state, so let’s examine the auto insurance companies with the overall cheapest rates in Nebraska.
Cheap Insurance Rates for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Safeco | $804 |
| 2 | The Hartford | $873 |
| 3 | Allied | $921 |
| 4 | Auto-Owners | $932 |
| 5 | Farmers Mutual of Nebraska | $979 |
| 6 | Farm Bureau Mutual | $980 |
| 7 | Nationwide | $1,037 |
| 8 | State Farm | $1,075 |
| 9 | General Casualty | $1,081 |
| 10 | American National | $1,087 |
| 11 | USAA | $1,162 |
| 12 | American Family | $1,246 |
| 13 | California Casualty | $1,257 |
| 14 | MetLife | $1,332 |
| 15 | Iowa Mutual | $1,334 |
| 16 | EMC | $1,340 |
| 17 | GEICO | $1,348 |
| 18 | Progressive | $1,445 |
| 19 | Farmers | $1,602 |
| 20 | North Star | $1,710 |
| View More Rates Go | ||
Safeco offers some of the cheapest car insurance rates in Omaha at around $804 per year. This is $512 less than the average rate paid by Nebraska drivers of $1,316. The Hartford, Allied, Auto-Owners, and Farmers Mutual of Nebraska are also some of the lowest-priced Omaha, NE auto insurance companies.
As illustrated above, if you currently buy coverage from Auto-Owners and switched to Safeco, you might achieve annual savings of in the neighborhood of $128. Nebraska drivers with Farmers Mutual of Nebraska might save as much as $175 a year, and Farm Bureau Mutual customers might cut rates by $176 a year.
Bear in mind that those policy rates are averaged across all types of insureds and vehicles and and are not figured with a specific location for 18 year olds. So the company that can offer you the best price may not even be in the top 24 companies shown above. That affirms the importance of why you need to compare prices as often as possible using your own specific driver information and vehicle.
For teen drivers, one of the big things that determine insurance cost is where you call home in Omaha. Areas with increased crime or more people tend to have more expensive car insurance rates, whereas areas with lower vehicle theft rates and fewer weather claims get the luxury of paying less.
The next table rates the most expensive cities in Nebraska for 18 year olds to purchase car insurance in. Omaha ranks #9 with the yearly price of $1,233 on average, which is around $103 monthly.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Gering | $1,357 |
| 2 | Alliance | $1,354 |
| 3 | Scottsbluff | $1,334 |
| 4 | McCook | $1,318 |
| 5 | South Sioux City | $1,303 |
| 6 | Lexington | $1,264 |
| 7 | North Platte | $1,262 |
| 8 | Crete | $1,234 |
| 9 | Omaha | $1,233 |
| 10 | Kearney | $1,224 |
| 11 | Beatrice | $1,222 |
| 12 | Nebraska City | $1,212 |
| 13 | Seward | $1,191 |
| 14 | York | $1,191 |
| 15 | Blair | $1,188 |
| 16 | Bellevue | $1,179 |
| 17 | Columbus | $1,174 |
| 18 | Grand Island | $1,158 |
| 19 | Hastings | $1,158 |
| 20 | La Vista | $1,150 |
| Get a Custom Quote Go | ||
Table data uses estimated as specific location information can raise or lower premium rates substantially.
Discount Omaha auto insurance rates
Insurance companies that sell policies for 18 year olds could also offer policy discounts that may potentially lower prices by as much as 25% or more if you meet eligibility requirements. A few of the larger companies and some of the premium reductions they offer are outlined below.
- Esurance may have discounts that include multi-car, anti-theft, emergency road assistance, Switch & Save, renters, and defensive driver.
- The Hartford offers premium reductions for anti-theft, good student, bundle, driver training, defensive driver, vehicle fuel type, and air bag.
- AAA has savings for AAA membership discount, good driver, anti-theft, multi-policy, multi-car, good student, and education and occupation.
- GEICO policyholders can earn discounts including driver training, good student, military active duty, anti-theft, and emergency military deployment.
- State Farm has discounts for passive restraint, defensive driving training, safe vehicle, Steer Clear safe driver discount, anti-theft, driver’s education, and multiple policy.
The diagram below illustrates the comparison of car insurance costs with and without discounts applied to the rates. The price estimates are based on a male driver, no driving violations, no at-fault accidents, Nebraska state minimum liability limits, comp and collision included, and $100 deductibles.
The first bar for each age group shows the price with no discounts. The second shows the rates with good student, continuous coverage, paid-in-full, paperless filing, anti-theft, and vehicle safety discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on auto insurance for 18 year olds is 28% or $591.
Choosing the best insurance provider is difficult considering how many different companies sell coverage in Nebraska. The ranking data listed below may help you select which providers to look at shopping your coverage with.
These rankings are only made up of the largest auto insurers in America, so companies with more of a regional focus are not included in this list. If you wish to compare rates from the insurers below and more, just 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 |
| 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 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
The chart below demonstrates how deductibles can increase or decrease insurance costs when getting quotes for cheap insurance for 18 year olds. The rate quotes are based on a single male driver, comp and collision included, and no other discounts are factored in.
The data above shows that a 30-year-old driver could lower their car insurance rates by $374 a year by changing from a $100 deductible up to a $500 deductible, or save $564 by selecting a $1,000 deductible. Even younger insureds, such as the 20-year-old chart data, could potentially save as much as $1,114 or even more just by choosing higher deductibles when buying full coverage. When choosing a higher deductible, it is essential to have enough savings set aside to allow you to cover the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
How to find more affordable insurance for 18 year olds
Below you’ll find some penny-pinching ideas that can help drivers get cheaper car insurance.
- Increase your physical damage deductibles
- Ensure your driving record is clean
- Remain accident-free and save
- Good credit scores may make rates cheaper
- Safer vehicles generally have cheaper insurance rates
- Compare rates often to find the best deal
That last idea is especially significant, as was emphasized in this piece. Coverage prices can change in a short period of time, so you should be ready to change to a new company if a cheaper rate is available.
Staying with the same company for years is fine, but is isn’t recommended if it’s costing you hundreds every year. If you have a few minutes, shop around and find cheaper car insurance for 18 year olds in Omaha.