Cheapest Car Insurance Quotes for College Graduates in Texas

This would be a much quicker read if we could just give you the name of the one company that has the best insurance prices in Texas. That is not the case, however, as there are many unknowns such as the number of miles you drive in a year, the type of vehicle you drive, and whether you have prior claims, that all impact the price you pay. This article delves into the best ways to maintain low rates and will hopefully give the reader a good start in finding the cheapest insurance.

Finding dependable, cost effective car insurance is not the easiest thing to do, and figuring out which company offers the lowest-priced car insurance rates for college graduates calls for additional perseverance. Each auto insurance company uses their own method for filing rates in each state, so we’ll take a look at the car insurance companies with the overall best prices in Texas.

Lowest Insurance Price Quotes for Grads

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Travelers quotes some of the lowest car insurance rates in Texas at around $1,041 a year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also qualify as some of the lowest-priced Texas car insurance companies.

As the example above demonstrates, if you are a policyholder with Germania Mutual and switched to Travelers, you could earn an annual savings of approxmiately $215. Texas drivers with Esurance could save as much as $338 a year, and California Casualty policyholders might cut rates by $355 a year.

Be aware that those policy prices are averaged across all drivers and vehicles and and are not figured with a rate decrease for college graduates. So the car insurance company that can offer you the best rate may not even be featured in the company chart above. That affirms the importance of why you need to compare rates from as many companies as possible using your own specific driver and vehicle information.

For college grads, one of the big criteria used to determine the annual cost of car insurance is where you normally keep your vehicle in Texas. Areas with increased crime or more people like McAllen, Dallas, and Amarillo tend to have higher rates, whereas areas with less congestion benefit from lower coverage costs.

The next table rates the more expensive cities in Texas for college graduates to purchase a policy in.

Price information shown is comparative as the specific garaging location can impact prices noticeably.

We all have different tastes in cars, and the vehicle driven is one of the largest considerations in finding the cheapest car insurance for college graduates. Vehicles with high performance features, poor crash test ratings, or a track record of large liability claims will cost significantly more to insure than more economical and safe models.

The data below presents coverage rates for some of the most budget-friendly vehicles to buy coverage for.

Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Rates do not factor in Texas location which can alter insurance rates considerably.

Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Information does not factor in garaging location in Texas which can decrease or increase coverage prices considerably.

Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Price estimates do not factor in specific garaging location which can decrease or increase price quotes significantly.

Is the best company Geico, Progressive, Allstate, or State Farm?

If you want reliable auto insurance, the companies with the most market share are Geico, Progressive, Allstate, and State Farm. They all have your normal coverages like liability, comprehensive, and collision, but each one offers slightly different options that drivers can select from. The following table points out pricing and service ratings, plus some optional coverages that are available.

Cheap insurance quotes for college grads

Thanks to technology, drivers have a lot of ways to compare car insurance prices in Texas, but the three most common are through an exclusive insurance agent like Liberty Mutual or Allstate, an independent insurance agent, or buying direct from a company like Geico or Progressive. They all have the same basic principle, but each is different in how they work.

Independent insurance agencies work for many companies and can provide price quotes from all of them. These types of agencies will quote rates with many companies, which may provide you with a better comparison. If prices rise, the agent simply finds a different carrier without you having to go to a different agency.

An agent who is captive is only able to give rates for one company, two popular examples being a State Farm or Liberty Mutual agent. Exclusive agents cannot provide other companys’ prices, so if rates are not competitive, they cannot give other choices.

If you buy direct, you bypass an independent or exclusive agent and instead buy direct either online or via phone. Shopping for car insurance direct can be good for consumers who have little risk and have some degree of understanding of what coverage limits and deductibles they need.

When shopping for car insurance, which way works best for finding the cheapest auto insurance for college graduates in Texas? The obvious answer would be shopping direct results in the cheapest rates since that eliminates agent commissions, but in reality, that argument does not hold true. We’d also like to say buying from an independent agent saves the most money since there are more companies to choose from, but again, it’s not necessarily true. And occasionally, exclusive agents have extremely competitive rates that are impossible to beat.

Because there is so much variation in car insurance prices, the one way to ensure you are not overpaying is to get quotes and compare. If time allows, get quotes from all three to give yourself enough choices. We compiled a list of companies with some of the cheapest online rates that you can click here to view.