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

Quick Facts

• In general, State Farm offers cheaper rates than Omni
• Omni has more affordable prices for drivers with a DUI charge on their record
• State Farm offers more discounts than Omni Insurance

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

So, you're thinking about switching your auto insurance. You've probably seen commercials and billboards from companies offering hefty discounts, but exactly how much money can you save by switching?

You might be considering Omni or State Farm for your next policy, but between the two, which company has less expensive rates for insurance?

As you can see, Omni has average rates that are about 13% per month more expensive than those from State Farm when looking at the national average rates for auto insurance.

However, that doesn't mean State Farm will necessarily be cheaper than Omni for each driver. Insurance companies vary their premiums depending on things like how good your credit score is, how clean your driving record is, where you live, how old you are, and a ton of other factors. So, at the end of the day, prices from each carrier will differ quite a bit from person to person.

Luckily, we've broken down average rates from both Omni and State Farm by many different rate factors, so read on to find out which company is the best for you.

Omni or State Farm: Average Car Insurance Rates by State

Omni and State Farm only compete against each other in two states, with State Farm offering more affordable premiums to the average driver in all of them. Pennsylvania has the most noticable difference, where State Farm prices are over 20% less expensive than auto insurance rates at Omni.

But there's more to car insurance than just the state you live in. As we mentioned above, there's a lot of things that go into how auto insurance carriers calculate your prices. Continue reading to see how other factors will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers normally pay a lot more for car insurance than any other group of drivers. It's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

That being said, that doesn't mean teen drivers can't still save money on their insurance. As you can see above, teens who use State Farm save more than $100 a month compared to those who use Omni.

But with both companies, you'll see your premiums decrease significantly by the time you turn 25. State Farm offers the steepest decrease, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Omni still has the lowest prices at $139 per month.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the most affordable auto insurance premiums you can find. After all, they've likely been driving for quite some time, which usually lowers their chances of accidents and other infractions that can increase rates.

But who has the best premiums for retired drivers between Omni and State Farm? State Farm gets the edge here, with average rates coming in at around $111 a month compared to Omni's $132.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive insurance prices than married policyholders. That's typically because married couples tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, State Farm is the clear winner for single drivers, with premiums about $40 per month cheaper than Omni, on average. It's not quite so glaring for married drivers, where drivers who use State Farm save around $2 a month.

Omni vs. State Farm: Average Rates by Gender

Women generally to pay less for car insurance than 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.

On average, women see rates about $15 per month less expensive with Omni, and around $12 less with State Farm.

Looking at overall affordability, State Farm offers the cheapest average prices for both men and women. On average, women save about $22 a month and men save about $25 with State Farm compared to the average Omni policyholder.

Omni or State Farm: 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.

Insurance isn't the easiest topic to understand. There are a variety of different coverages that account for multiple different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause a collision.

The two most common policies end up falling into two different types of coverage -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability coverage).

If you're looking for state minimum liability insurance, State Farm usually offers slightly more affordable premiums of $99 compared to Omni's $104. When it comes to full coverage policies with similar limits, State Farm again has the edge, with policies around $40 per month less expensive than Omni, on average.

Is Omni or State Farm Better for Drivers with Spotty Records?

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

You'll probably end up paying more with at-fault collisions and tickets on your record, but which of these two companies offers the lowest premiums to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Omni policyholders can expect their prices to go up an average of $7 a month if they get a ticket, while State Farm typically raises rates about $21 per month, on average.

Even so, State Farm tends to offer the best prices for drivers both with a speeding ticket and with a clean record. Drivers with a clean record can save around $34 a month and drivers with a ticket can save about $20 per month with State Farm.

Which Company is Best for Drivers After an Accident?

Omni drivers who get in a collision can expect to see their premiums rise by $35, while those who have insurance through State Farm will see around a $30 increase.

Overall, State Farm offers the cheapest prices for drivers with an at-fault accident on their records, with monthly rates averaging $163 compared to Omni Insurance's $203.

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 speeding ticket when it comes to your car insurance bill. On average, State Farm will increase your premiums about 25% after a DUI, while Omni's average rates increase by 6%.

How does Credit Score Impact Omni and State Farm Rates?

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

Insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, drivers with good credit will often be rewarded with more affordable rates.

So, which carrier offers the most affordable premiums for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

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

The amount of time you spend behind the wheel of your car plays a big role in how much car insurance carriers will charge for coverage. Normally, the more miles you put on your car, the more you can expect to pay for coverage.

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 prices for State Farm, with drivers who put 6,000 miles on their vehicle yearly paying around $13 less every month compared to those who drive 12,000 miles each year. Still, State Farm is the cheaper option for drivers in both categories.

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

Where you live can have a big impact on your monthly auto insurance payment. Generally, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders due to the small number of cars that are on the roads in those areas.

When comparing these two companies side-by-side, State Farm boasts the cheapest average rates in rural and urban areas, while Omni wins in suburban areas.

In urban areas, State Farm's average premiums are about $82 less than Omni Insurance. Drivers in suburban ZIP codes pay around $18 less with Omni compared to State Farm. If you live in a rural area, you can expect to save about $7 with State Farm compared to Omni.

Omni vs. State Farm Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many insurance discounts as you can.

But where do you even start? With what seems like a million different discounts out there, it may be difficult to find all the ones you qualify for.

In the section below, we've taken a look at all of the different discounts Omni and State Farm offer their customers so that you can see which one can save you the most money each month.

State Farm knocks Omni out of the park when it comes to the sheer number of discounts available, offering 23 different discounts to Omni's 23.

Both carriers offer many of the same discounts -- like anti-theft discounts, discounts for being a defensive driver, and discounts for insuring multiple cars with the same company -- but State Farm also offers ABS discounts, annual mileage discounts, distant student discounts, and more that Omni does not.

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

Final Thoughts: Is Omni or State Farm Best for You?

You've seen the effect certain variables have on your car insurance and the different discounts companies offer. But, at the end of the day, is Omni or State Farm the right fit for you?

State Farm might be best for you if....

• You've been pulled over for speeding recently.
• You want basic auto insurance coverage at the state minimum limits.
• You are over 65 years old and want to save some money on your car insurance.

Omni might be best for you if...

• You have a DUI charge on your record.
• Your neighborhood is in the suburbs.

We hope this guide helps you get a better idea of the difference between Omni and State Farm. We also hope we've given you the information you need to make the best decision when it comes to your 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 multiple carriers, not just Omni and State Farm. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple quotes from some of the best auto insurance companies in your area, all for free.

Omni vs. State Farm FAQs

Is Omni or State Farm cheaper?

Looking just at the national average prices, State Farm is the more affordable of the two carriers, offering average rates of $158 a month compared to $181 for Omni. However, State Farm won't necessarily be the lowest company for everyone, since there are a bunch of different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Omni or State Farm?

Sadly, the real answer is "it depends.". No one carrier is "better" for everyone -- it all depends on the makeup of your unique insurance profile. For example, State Farm offers cheaper rates for drivers with an at-fault accident on their record, while Omni is less expensive for drivers who have less-than-stellar credit scores.

Why do Omni and State Farm offer me different rates?

Car insurance companies take a look at a lot of different variables when determining the prices they charge policyholders. Factors like age, gender, where you park your vehicle, your driving record, and sometimes even things like your credit score can all come into play. Both Omni and State Farm calculate premiums differently, so each one will most likely offer different prices. The only real way to see which company is the most affordable for you is by comparing personalized quotes from lots of different carriers.

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

The only way to find the auto 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, sites like Compare.com make it easy for you to do just that. Just enter your information once and you'll get free quotes from dozens of the best insurance carriers in your area. That way, you can guarantee you're getting the cheapest rate. And who knows, the best company for you might not be Omni or State Farm 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.