Who Has the Cheapest Auto Insurance for Safe Drivers in Texas?

Because the topic is car insurance, the word affordable really shouldn’t be used anywhere to describe car insurance prices. Forgive the oxymoron, but cheap auto insurance for safe drivers is not always easy to find. But don’t despair, because we will teach you how you can quote car insurance that works with your budget.

The vehicle that is being insured is a significant factor that determines if you can find the cheapest car insurance for safe drivers in Texas. Vehicles with high performance features, poor crash test ratings, or a history of substantial liability claims will cost quite a bit more to insure than safer, lower-performance models. The information below outlines coverage costs for some of the more afforable automobiles to buy insurance for.

Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Premium costs do not factor in garaging location in Texas which can influence coverage prices greatly.

Looking at the numbers, cars like the Jeep Wrangler, Toyota RAV4, Chevrolet Silverado, and Chevrolet Traverse will definitely be some of the most affordable vehicles to insure for good drivers.

Finding out which companies offer the cheapest auto insurance rates for safe drivers may require a tad more effort in order to find the best policy. Each company has a different process for determining rates, so we will examine the auto insurance companies with the overall cheapest rates in Texas.

Cheapest Insurance Rates for Safe Drivers

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Travelers may have some of the most affordable car insurance rates in Texas at around $1,041 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also some of the more affordable Texas insurance companies.

As shown above, if you are a policyholder with Texas Farm Bureau and switched to Travelers, you could realize a yearly savings of about $194. Customers with Germania Mutual may save as much as $253 a year, and Esurance insureds might see rate reductions of $366 a year.

Bear in mind that those premium estimates are averages across all drivers and vehicles and do not factor in a rate discount for safe drivers. So the company that has the cheapest rates for you may not even be shown in the chart above. That underscores the importance of why you need to quote rates from as many companies as possible using your own driver data and vehicle information.

The diagram below highlights how deductible choice can raise or lower premium costs when quoting cheap insurance for safe drivers. The prices are based on a married female driver, full coverage, and no additional discounts are factored in.

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A 30-year-old driver could cut expenses by $408 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $612 by changing to a $1,000 deductible. Even younger insureds, like the 20-year-old example, could save up to $870 or more just by choosing larger deductibles.

If you do decide to increase your deductibles, it will be required to have enough savings set aside to enable you to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.

Cheap insurance quotes for good drivers

You have a lot of ways to get cheap auto insurance quotes in Texas, but the most preferred ways are using a non-exclusive or independent agent, a captive (or exclusive) agent such as Allstate or Auto-Owners, or from a direct company like Progressive or Geico. You can use whichever method you prefer, but it’s good to know the differences in how they give price quotes.

Independent agents write business for many companies and can compare coverage rates with each one. These types of agencies are not restricted to one company and can provide you with more rate quotes, which may provide you with improved odds of finding cheaper coverage. If they find a cheaper price, the business is moved internally and the insured can keep the same agent.

A captive, or exclusive, agent is only able to give rates for a single company, two examples are an Auto-Owners or Allstate agent. These agents are unable to compare other company’s rates, so drivers will want to get other quotes as well.

Buying direct means you do not use local agents and buy from a direct company like Esurance. Buying direct is a good choice for people who do not need complex risk management and know more than average about how their policy works.

So which of the methods works best to buy the cheapest car insurance for safe drivers in Texas? It would be obvious to point out shopping direct results in the best prices since there is no middleman, but that turns out to not be true. A valid argument could also be made that buying auto insurance from an independent agent results in the cheapest rates since they can quote with many companies, but that idea is not necessarily true either. For the right applicant, the exclusive agents have very competitive rates that are impossible to beat.

Due to the large number of rating factors, the guaranteed way to ensure you are not overpaying is to get as many comparison quotes as possible. Industry experts recommend getting quotes from all three to give yourself the best selection. A great place to start is our list of online companies offering discounts: click here to view.