Auto-owners vs. Omni: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for insurance, Auto-owners offers slightly more affordable prices than Omni
• Auto-owners has cheaper rates for residents of urban areas
• Omni offers more affordable prices for residents in Alabama and Pennsylvania

Auto-owners vs. Omni: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering hefty discounts, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Auto-owners or Omni as your top options, but between the two, which one will save you the most?

Looking at nationwide averages, Auto-owners is about $2 per month less expensive than Omni.

That being said, that doesn't necessarily mean Auto-owners will be the more affordable option for every driver. Auto insurance companies use a variety of complex algorithms to calculate rates, so depending on how good your credit score is or where you live (among multiple other factors), you could see wildly different premiums from the ones above.

So, if you want to find out which of Auto-owners or Omni is really the best for you, keep reading to see average rates for each company broken down by several different rate factors.

Auto-owners or Omni: Average Car Insurance Rates by State

Auto-owners and Omni only compete against each other in two states, with Omni offering cheaper prices to the average driver in all of them. Pennsylvania has the most noticable difference, where Omni premiums are over 20% less expensive than car insurance rates at Auto-owners.

There are plenty of other factors that go into your insurance payment than just your home state. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for auto insurance compared to older drivers. The reason is that young, inexperienced drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

However, that doesn't mean teen drivers can't still save money on their car insurance. For example, 18-year-old drivers pay an average of nearly $80 less a month by choosing Auto-owners over Omni. It's worth noting that Auto-owners offers insurance in 23 different states compared to Omni's two, which can skew the average premiums a bit, but the difference here is still considerable.

But both carriers will offer you dramatically lower prices once you turn 25. For example, average premiums for Auto-owners policyholders lower almost $250 and Omni's rates drop around $350 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age normally enjoy some of the most affordable car insurance prices out there. After all, they've likely been driving for quite some time, which usually reduces their chances of accidents and other infractions that can increase premiums.

When looking at Auto-owners and Omni specifically, which carrier is best for retired drivers? Omni gets the slight edge here, with average rates coming in at about $132 per month compared to Auto-owners's $133. Even so, the difference is only around 5%, so other factors (such as your credit score or where you live) will likely come into play when determining which company has the cheapest prices for you.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance premiums tend to be more expensive for single drivers than they are for married couples. That's generally because married drivers tend to own and insure multiple cars, which can often earn you a discount.

When it comes to relationship status, Auto-owners is the winner for those who are single, with rates about $12 per month more affordable than Omni, on average.

Auto-owners vs. Omni: Average Rates by Gender

You may not know, but auto insurance is typically cheaper for women than it is for men. This is because men are statistically more likely than women to get into an accident or get pulled over for speeding, which leads to increased risk for insurers and, therefore, higher prices.

Women generally pay more than $10 a month less than men with Auto-owners, and around $15 with Omni.

Looking at overall affordability, Auto-owners comes out on top for both men and women. On average, male drivers save about $4 per month and women save about $0 with Auto-owners compared to the average Omni policyholder.

Auto-owners or Omni: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that car insurance can be a complicated subject for most people. There are so many different limits and coverages that it can make it pretty confusing to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers and passengers if you cause a collision) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with liability coverage).

In this case, Auto-owners offers the most affordable average premiums for state minimum limits for liability insurance, while Omni has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $5 with Auto-Owners Insurance, while full coverage comes out to be around $2 cheaper with Omni Insurance.

Is Auto-owners or Omni Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from insurance companies offering great rates for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

It's no secret secret that tickets and at-fault collisions lead to higher prices, but which carrier -- Auto-owners or Omni -- has the cheapest rates for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Auto-owners policyholders can expect their prices to go up an average of $44 a month if they get a ticket, while Omni usually raises premiums about $7 per month, on average.

That being said, Auto-owners tends to offer the best prices for both drivers who have clean records and those with a recent speeding ticket -- their rates are around 28% less expensive for drivers with clean records and 6% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Auto-owners policyholders who get in an accident can expect to see their rates rise by over $45, while those who have insurance through Omni will see around a $35 increase.

Overall, drivers who use Auto-owners end up with the cheaper prices after an accident, with monthly prices averaging $168 compared to Omni Insurance's $203.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly auto insurance bill -- normally a lot more than a collision or ticket. Auto-owners drivers usually see a 54% increase in their insurance premiums after a DUI charge, while Omni will generally climb prices by about 6%.

Omni has the overall lowest premiums for drivers with a DUI on their records at $178 monthly, but it's worth noting that Auto-owners's average rates come from 23 states compared to just two for Omni, so the data may be skewed slightly.

How does Credit Score Impact Auto-owners and Omni Rates?

Did you know that many auto insurance carriers take into account your credit score when calculating rates? This isn't always the case (for example, Hawaii and California are two states that ban the practice entirely), but it does affect several drivers out there.

The reasoning car insurance companies use is that policyholders with bad credit will be less likely to pay their bills on time; so normally, they'll be asked to pay more, while those with good credit will be rewarded with less expensive premiums.

Looking at Auto-owners and Omni specifically, which company has the best rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, you'll usually find a better deal with Auto-owners. Policyholders with "excellent" credit can save over 40% compared to Omni, and those with "good" scores can also expect to see savings -- around $46 or 26% more affordable each month.

Which Company is Best for Drivers with Bad Credit?

If you have a below average credit score, it can be somewhat of a toss-up as far as which company offers you the best prices. Drivers with "fair" credit pay about $9 less with Auto-owners than Omni, but those whose credit is considered "poor" have it flipped -- saving around $114 a month with Omni.

Is Auto-owners or Omni Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a substantial impact on your monthly auto insurance bill. That's because the fewer miles you drive, the less likely you are to get into an accident and cause an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Omni charges. However, there's a small difference in monthly premiums for Auto-owners, with policyholders who drive 6,000 miles every year paying about $1 less each month compared to those who drive 12,000 miles annually. Still, Auto-owners is the cheaper option for drivers in both categories.

Auto-owners vs. Omni: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a considerable impact on your monthly car insurance cost. Typically, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders due to the small number of vehicles that are on the roads in those areas.

Looking at these carriers side-by-side, Omni boasts the most affordable average rates in rural and suburban areas, while Auto-owners wins in urban areas.

Those in rural areas can expect to pay around $134 a month with Omni compared to Auto-owners's $164. Drivers in suburban ZIP codes pay about $143 with Omni compared to Auto-owners's $169 per month. For drivers in urban ZIP codes, Auto-owners's average prices are around $205 while Omni offers rates about $267.

Auto-owners vs. Omni Discounts

Regardless of why you might be in the market for a new insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many auto insurance discounts as you can.

But where do you even start? With so many discounts out there, it may seem difficult to find all the of the ones you can take advantage of.

In the section below, we've broken down all of the different discounts offered by both Auto-owners and Omni so that you can find the carrier that has the most discounts and, therefore, the biggest savings.

Auto-owners knocks Omni out of the park when it comes to the sheer number of discounts available, offering 11 more discounts than Omni.

A couple of those are overlapping for things like advance quote discounts, discounts for being a defensive driver, discounts for being a homeowner, and paperless discounts. Auto-owners also offers ABS discounts, company car discounts, COVID-19 relief discount, and more that Omni does not.

On the flip side, Omni has a couple unique discounts of its own -- agency transfer discounts, cellphone safety discounts, non-owner discounts, and more.

Final Thoughts: Is Auto-owners or Omni Best for You?

So, we've broken down the average premiums for many of the variables insurance companies look at, and walked through the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, which company is the best company for you and your specific profile and needs?

Auto-owners might be best for you if....

• You have a speeding ticket on your driving record.
• You want basic car insurance coverage at the state minimum limits.
• You're buying insurance for a teen and looking for a wallet-friendly option.

Omni might be best for you if...

• You like the personalized touch of a small, regional carrier.
• You live in an suburban area.
• You are over 65 years old and want to save some money on your car insurance.

We hope this guide helps you get a better idea of the difference between Auto-owners and Omni. We also hope we've given you the information you need to make the best decision when it comes to your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from several carriers, not just Auto-owners and Omni. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best insurance companies in your area, all in just a few minutes.

Auto-owners vs. Omni FAQs

Is Auto-owners or Omni cheaper?

Looking just at the national average rates, Auto-owners is the less expensive of the two carriers, offering average rates of $179 per month compared to $181 for Omni. Even so, Auto-owners won't necessarily be the lowest company for everyone, since there are a bunch of different factors that come into play when it comes to your auto insurance bill.

Who is better, Auto-owners or Omni?

Sadly, the only answer we can give you is "it depends.". No single carrier is necessarily "better" for everyone -- it all boils down to your unique car insurance profile. For example, Auto-owners offers more affordable prices for single drivers, while Omni is less expensive for drivers who have already retired.

Why do Auto-owners and Omni offer me different rates?

Auto insurance companies take a look at lots of different variables when determining the premiums they charge policyholders. Factors such as your driving record, where you live, gender, age, and sometimes even things like your credit score can all come into play. Both Auto-owners and Omni use different formulas, so each one will most likely offer different rates. The only real way to see which company is the cheapest for you is by comparing personalized quotes from a range of different carriers.

How do I know if Auto-owners or Omni is right for me?

The only way to find the insurance carrier that's right for you is by getting quotes from a handful of companies and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best auto insurance carriers in your area. That way, you can guarantee you're getting the best price. And who knows, the best company for you might not be Auto-owners or Omni at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.