How Much are Insurance Quotes for Used Cars in Texas?

The type of vehicle you are buying coverage for is a large factor that determines if you can find the best car insurance for used cars. Vehicles with higher performance, poor safety ratings, or a track record of large liability claims will cost significantly more to insure than more modest models. The data below estimates coverage prices for a number of the most affordable vehicles to buy coverage for.

Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Table data does not factor in vehicle garaging location which can modify rates considerably.

By looking at the data, you can presume that models like the Chevrolet Traverse, Chevrolet Silverado, Subaru Outback, and Ford Edge are the less-costly vehicles to insure for pre-owned vehicles.

Finding good, low-priced auto insurance is not the easiest thing to do, and deciding which company has the best insurance rates for used cars will involve more quotes for comparison. Every auto insurer uses their own method to determine rates, so let’s begin by taking a look at the most competitive insurance companies in Texas.

It’s important that readers know that Texas insurance rates are based on many factors that control the price of your policy. That is why consumers need to spend some time comparing rates to find the most economical car insurance quotes for used cars. Insurance rates consist of many different factors and can change without notice, so the best option when you last compared rates may now be one of the higher cost companies.

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Travelers normally has some of the lowest car insurance rates in Texas at around $1,041 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the cut as some of the lowest-priced Texas insurance companies.

As illustrated above, if you are a policyholder with Germania Mutual and switched to USAA, you may see an annual savings of in the neighborhood of $160. Insureds with Esurance could save as much as $323 a year, and California Casualty insureds might reduce rates by $354 a year.

To find out how much you can save, click here to start your free quote or quote rates from the companies below.

These rates are averaged across all insureds and vehicles and and are not figured with a rate decrease for used cars. So the insurer that has the lowest price for you may not even be shown in the chart above. That underscores the importance of why you need to get rate quotes from many companies using your own driver and vehicle profiles.

Liability-only versus full coverage

Finding cheap insurance for used cars in Texas is probably important to most people, and one of the quickest ways to pay less for insurance is to only buy liability coverage. The illustration below visualizes the comparison of insurance premiums when comparing full coverage to liability only. The premium estimates are based on no accidents, no driving violations, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.

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Averaged for all ages 20 through 70, comprehensive and collision coverage on your policy costs an extra $1,598 per year over and above liability only. Many people question if physical damage coverage is worth the money. There is no definitive guideline of when to stop paying for full coverage, but there is a general guideline. If the annual cost of coverage is 10% or more of replacement cost minus your deductible, then you might want to consider buying only liability coverage.

Ending up with a highly-rated car insurance provider can be a challenge considering how many different companies sell coverage in Texas. The rank data in the lists below can help you decide which car insurance providers to look at when shopping around. The ratings below are only comprised of companies that insure vehicles nationwide, so companies that focus mainly on Texas business are not taken into consideration for these rankings.

Top 10 Major Auto Insurers in Texas Ranked by Claims Service

1. Travelers
2. Nationwide
3. Allstate
4. State Farm
5. Liberty Mutual
6. GEICO
7. American Family
8. Esurance
9. Titan Insurance
10. AAA Insurance

Top 10 Major Auto Insurers Overall in Texas

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

How to find low-cost auto insurance for used cars

Lowering your rates is not difficult, and here are some penny-pinching ideas that can help you buy the cheapest auto insurance.

• Avoid speeding and other traffic citations and pay less
• Clean up your credit
• Staying accident-free helps keep rates low
• Buy a safer vehicle
• Save money by insuring older vehicles for liability only
• Raise your physical damage coverage deductibles
• Compare rates and switch if you can find a better deal

That last piece of advice is particularly vital, as we pointed out in this write-up. Rates fluctuate considerably, so don’t be hesitant to buy from a new company if you can save money. We understand brand loyalty, but it’s not a great idea if that loyalty results in overpaying money that could be going to better use. Now is a great time to shop around and find cheaper auto insurance for used cars.