Metlife vs. Omni: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, Omni offers significantly cheaper prices than Metlife
• Metlife offers more discounts than Omni Insurance
• Omni has less expensive rates for people who are single and purchasing insurance by yourself

Metlife vs. Omni: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering hefty discounts. But exactly how much can you save by switching?

You might be considering Metlife or Omni, but between the two, which one has more affordable prices for auto insurance?

Looking at the national average rates for both companies, Metlife has average rates that are about 45% per month more expensive than those from Omni.

Even so, that doesn't necessarily mean Omni will be the cheaper option for every single driver. After all, car insurance carriers can offer drastically different rates to each driver depending on rating factors like your age, your credit score, where you call home, or even your driving record (among other things). So, at the end of the day, rates from every company will differ quite a bit from person to person.

So, if you want to find out which of Metlife or Omni is really the best for you, keep reading to see average premiums for each carrier broken down by lots of different rate factors.

Metlife or Omni: Average Car Insurance Rates by State

Metlife and Omni only compete against each other in two states, with Omni offering less expensive prices to the average driver in all of them. Pennsylvania has the most noticable difference, where Omni rates are over 70% cheaper than insurance premiums at Metlife.

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

Which is the Best Company For Young Drivers?

You might already know that teen drivers usually pay a lot more for insurance than any group out there on the road. That's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

That being said, that doesn't mean that teen drivers have to just accept sky-high auto insurance prices. As you can see above, teens who use Omni save nearly $500 a month compared to those who use Metlife. It's worth noting that Metlife offers car insurance in 44 different states compared to Omni's two, which can skew the average premiums a bit, but the difference here is still considerable.

But both companies will reduce rates by the time drivers turn 25. For example, average premiums for Metlife policyholders drop more than 70% and Omni's rates decrease over 70% over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the lowest prices you'll ever find.

So, which company offers the best premiums to retired drivers? Omni gets the edge here, with average rates coming in at around $132 per month compared to Metlife's $205.

Which is the Best Company for Married Drivers?

Did you know that auto insurance prices are typically less expensive for married drivers than they are for those who are single? That's because policies for married policyholders normally cover multiple cars, which quite a few carriers will offer you a discount for.

When it comes to relationship status, Omni is the clear winner for single drivers, with rates about $211 per month more affordable than Metlife, on average. The advantage is also clear for married couples - Omni offers the cheapest average prices.

Metlife vs. Omni: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident, which means they'll generally end up paying more for insurance than women.

On average, women see premiums almost $30 a month cheaper with Metlife, and around $15 with Omni.

Looking at overall affordability, Omni offers the lowest average rates for both men and women. On average, women save about $152 per month and men save about $165 with Omni compared to the average Metlife policyholder.

Metlife 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 auto insurance can be pretty complicated. Everyone needs car insurance, but there are so many different limits and terms that it can be hard to find the right policy.

However, the most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which usually refers to having comprehensive and collision coverages in addition to liability).

If you're looking for state minimum liability limits, Omni generally offers significantly less expensive prices of $104 compared to Metlife's $215. When it comes to full coverage policies with similar limits, Omni again has the edge, with policies around $200 a month more affordable than Metlife, on average.

Is Metlife or Omni Better for Drivers with Spotty Records?

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

Tickets and at-fault accidents will most likely raise your prices, but is Metlife or Omni less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Metlife policyholders can expect their premiums to go up an average of $59 per month if they get a ticket, while Omni typically raises rates about $7 a month, on average.

That being said, Omni tends to offer the best prices for drivers both with clean records and with a speeding ticket, offering premiums that are 24% and 37% more affordable, respectively, compared to MetLife.

Which Company is Best for Drivers After an Accident?

Both carriers will increase rates pretty significantly if you get into an at-fault accident with Metlife increasing by just under $150. Omni has a less extreme increase, but you can still expect to pay $35 more than you were prior to your first collision.

Overall, Omni offers the cheapest prices for drivers with an at-fault accident on their records, with monthly premiums averaging $203 compared to MetLife's $368.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or ticket when it comes to your car insurance bill. On average, Metlife will climb your prices around 55% after a DUI, while Omni's average rates rise by 6%.

Omni has the overall most affordable prices for drivers with a DUI on their records at $178 monthly, but it's worth noting that Metlife's average rates come from 44 states compared to just two for Omni, so the data may be skewed slightly.

How does Credit Score Impact Metlife and Omni Rates?

Often times, your credit score can come into play when companies calculate your monthly bill. Certain states and carriers do not allow for credit score to be used as a rating factor, but it might come into play for several drivers.

The reasoning 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 cheaper rates.

So, which carrier offers the best premiums for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Omni. Policyholders with "excellent" credit can save over 25% compared to Metlife, and those with "good" scores can also expect to see savings -- about $99 or 36% more affordable each month.

Which Company is Best for Drivers with Bad Credit?

Omni typically offers lower prices than Metlife when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay around $154 per month less with Omni compared to Metlife, and those with "poor" scores typically save an average of about $327 a month.

Is Metlife or Omni Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a pretty big impact on your monthly auto insurance bill? Normally, the more miles you put on your vehicle, the more you can expect to pay for insurance.

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 rates for Metlife, with policyholders who drive the least paying around $3 less every month compared to those who drive 12,000 miles annually. Still, Omni is the cheaper option for drivers in both categories.

Metlife vs. Omni: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can play a big role in how much you pay for car insurance. Usually, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders because there are a lot more vehicles on the roads in those areas.

Omni tends to offer the most affordable premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

Drivers in rural ZIP codes see the cheapest rates from both carriers, but Omni comes out on top with average premiums about $134 monthly. Omni also has less expensive average rates for policyholders in urban and suburban ZIP codes -- a 31% and 57% a month respective difference when compared to Metlife drivers in similar areas.

Metlife 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 taking advantage of as many car insurance discounts as you can.

The difficult part is finding all of the discounts you can take advantage of, since it can feel sometimes like every carrier has different discounts and each one is advertised differently.

In the table below, we've compared all of the different discounts offered by Metlife and Omni so that you can see which company can save you the most money each month.

Metlife blows Omni away when it comes to the sheer amount of discounts available, offering 23 more discounts than Omni.

A couple of those are overlapping for things like discounts for being a defensive driver, group discounts, and passive restraint discounts. Metlife also offers AAA discounts, ABS discounts, academic discounts, and more that Omni does not.

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

Final Thoughts: Is Metlife or Omni Best for You?

So, you've seen how different factors can affect your auto insurance prices. We've broken down the different discounts each company offers, too. But, at the end of the day, is Metlife or Omni the best carrier for you, your vehicle, and your wallet?

Omni might be best for you if....

• You're single and purchasing insurance by yourself.
• You have less-than-stellar credit.
• You don't spend much time in your car.

Metlife might be best for you if...

• You already have plans to move to another state -- Omni Insurance only offers policies to Alabama and Pennsylvania residents.
• You want to save extra money with discounts.

We hope this guide has ben a valuable resource as you compare Metlife and Omni. We also hope we've given you the information you need to make the best decision about your car insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on auto insurance -- comparing quotes from multiple companies, not just Metlife and Omni. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP codes below and get multiple quotes from some of the best insurance carriers in your area, all for free.

Metlife vs. Omni FAQs

Is Metlife or Omni cheaper?

Looking just at the national average premiums, Omni is the more affordable of the two companies, offering average rates of $181 per month compared to $340 for Metlife. However, Omni won't necessarily be the most affordable carrier for everyone, since there are a range of different variables that are considered when it comes to your auto insurance cost.

Who is better, Metlife or Omni?

Unfortunately, the real answer is "it depends.". One company is not necessarily "better" for everyone -- it all boils down to your unique car insurance profile.

Why do Metlife and Omni offer me different rates?

Auto insurance carriers take a look at many different factors when calculating the rates they charge policyholders. Things like gender, your driving record, age, where you call home, and sometimes even things like your credit score can all be used. Both Metlife and Omni calculate prices differently, so each one will most likely offer different rates. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Metlife or Omni is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best insurance companies in your area. That way, you can guarantee you're getting the lowest premium. And who knows, the best carrier for you might not be Metlife 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.