Who Has the Cheapest Car Insurance for a School Permit in Texas?

You’ve seen the catchy advertisements from companies like State Farm, Nationwide, and Allstate that guarantee the cheapest rates. So you just need to pick the company with the cutest commercial, right?

It’s just not that simple, as there are a lot of unknown aspects like the deductible level you need, the number of years of driving experience you have, and whether or not you have had gaps between policies, that all impact the cost of your policy. The information below covers the best ways to maintain low rates and also should give you a good start in finding the cheapest car insurance in Texas.

The vehicle model requiring insurance is a significant factor that determines whether or not you find the cheapest auto insurance for a school permit in Texas. Vehicles with high performance engines, a lack of safety features, or high incidents of liability claims will cost more to insure than safer, lower-performance models. The next table outlines car insurance rates for the most economical vehicles to insure.

Table data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, and claim-free. Table data does not factor in specific location information which can lower or raise coverage rates noticeably.

Looking at the rates, you can figure that cars like the Hyundai Elantra, Honda Accord, and Honda CR-V are likely to be a few of the most economical vehicles to insure for a learners permit. Car insurance rates will tend to be more expensive just because there is more claim risk for a school permit, but generally speaking those particular vehicles will probably have the best insurance prices available.

When shopping for insurance for a learners permit, one of the many criteria that help set the policy price is where you keep your car. Areas with high crime rates or more dense population like McAllen, Dallas, and Houston tend to pay slightly more, whereas areas that tend to be more rural generally have lower rates.

The following table ranks the higher priced cities in Texas for a school permit to purchase a policy in.

Rates are estimated as vehicle location can increase or decrease price quotes greatly.

Get discount Texas auto insurance rates

Insurance companies that offer the cheapest auto insurance for a school permit in Texas may provide premium discounts that could lower prices by as much as 25% or more if you meet specific criteria. A list of insurance companies and a partial list of their discounts are outlined below.

The illustration below compares insurance rates with and without some available policy discounts. The premium estimates are based on a female driver, no violations or accidents, Texas state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with vehicle safety, paid-in-full, anti-theft, passive restraint, continuous coverage, and good student discounts applied. When discounts are applied, the average amount saved each year on insurance for a school permit is % or $.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 16’, 5309,3803],[‘Age 30’, 2113,1535],[‘Age 40’, 1957,1421],[‘Age 50’, 1713,1245],[‘Age 60’, 1655,1203]]);var options = {title: ‘Effect of Discounts on Insurance Rates for a School Permit’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

Comparison of full coverage and liability-only policies

Finding the cheapest auto insurance for a school permit in Texas is important to the majority of people, and one great way to pay lower rates for insurance is to only buy liability insurance. The information below visualizes the comparison of auto insurance costs when comparing full coverage to liability only. Data assumes no accidents or driving violations, $250 deductibles, drivers are single, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 3783,1151],[‘Age 30’, 1969,633],[‘Age 40’, 1949,587],[‘Age 50’, 1771,549],[‘Age 60’, 1715,541],[‘Age 70’, 2071,721]]);var options = {title: ‘Full Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Texas’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

As an overall average, comprehensive and collision coverage on your policy costs an extra $2,210 per year more than just buying liability only. At some point, about every driver wonders if you should buy full coverage at all. There is no set guideline that works best for making the decision to drop physical damage insurance, but there is a general convention. If the yearly cost of full coverage is about 10% or more of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.

State Farm, Progressive, Geico, and Allstate compared

If you are shopping around for car insurance, the four most popular companies are State Farm, Progressive, Geico, and Allstate. Combined they have 48.5% of all policies written in the United States. The table below compares some of the different options and features that are available from each company.