Do you want to save money by finding cheaper car insurance rates in Garland, TX? Nobody that owns a car likes paying for car insurance, especially when they could get a better deal.
It's astonishing, but most car insurance buyers in Texas renewed their policy with the same company for at least the last four years, and 38% of customers have never compared car insurance rates at all. American drivers could cut their rates by up to 46.5% a year, but most just don't grasp the amount of savings they would get if they changed companies. Because you have many options, it can be challenging to choose the cheapest insurance company.
The purpose of this article is to familiarize you with the best methods to compare rates and some tricks to saving. If you currently have auto insurance, you will definitely be able to shop for the lowest rates using the ideas presented in this article. Comparison shoppers just need to use the most efficient way to find the lowest price on the web.
Car insurance companies offering affordable prices in Texas
The car insurance companies shown below are ready to provide free quotes in Texas. If you want to find the best auto insurance in Texas, we suggest you visit as many as you can in order to find the cheapest rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Impala LTZ||$1,600||$800||$133|
|Chevrolet Silverado LTZ Crew Cab 2WD||$1,740||$870||$145|
|Dodge Ram Quad Cab Laramie 4WD||$1,460||$730||$122|
|Ford Edge Limited AWD||$1,600||$800||$133|
|Ford Escape Limited 2WD||$1,422||$711||$119|
|Ford F-150 Lariat Crew Cab 4WD||$1,346||$673||$112|
|Ford Focus SES 4-Dr Sedan||$1,194||$597||$100|
|Honda Accord LX-P 4-Dr Sedan||$1,086||$543||$91|
|Honda CR-V EX 4WD||$870||$435||$73|
|Honda Civic SI 2-Dr Coupe||$1,514||$757||$126|
|Jeep Grand Cherokee Limited 2WD||$1,252||$626||$104|
|Kia Optima LX||$1,242||$621||$104|
|Nissan Altima 3.5 SR 4-Dr Sedan||$1,138||$569||$95|
|Nissan Rogue SL 2WD||$1,212||$606||$101|
|Toyota Camry Hybrid||$1,354||$677||$113|
|Toyota Corolla LE||$1,276||$638||$106|
|Get Your Own Custom Quote Go|
Prices above 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. Premium amounts do not factor in zip code location which can revise coverage prices considerably.
Insurance rates by gender
The chart below visualizes the comparison of insurance prices for male and female drivers in Garland. The price estimates are based on no tickets, no at-fault accidents, full physical damage coverage, $500 deductibles, drivers are not married, and no discounts are taken into consideration on a Honda Accord EX-L.
Honda Accord rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Price comparison of only insuring for liability
The diagram below illustrates the comparison of Hyundai Sonata auto insurance rates with liability coverage only compared to full coverage. Data assumes no violations or accidents, $1,000 deductibles, single male driver, and no discounts are applied.
Hyundai Sonata rates are for example purposes only. To get rates for your specific vehicle, click here.
When to drop full coverage
There is no exact rule of when to eliminate physical damage insurance, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.
For example, let's assume your Hyundai Sonata book value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $8,000 after you pay the deductible. If it's costing in excess of $800 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.
There are a few cases where dropping physical damage coverage is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage to protect the lienholder's interest in the vehicle. Also, if you can't afford to buy a different vehicle if your current one is damaged, you should not opt for liability only.
When to drop full coverage
There is no set rule of when to phase out physical damage coverage, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.
For example, let's say your Chevrolet Cruze replacement cost is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $8,000 after you pay the deductible. If you are paying more than $800 a year for physical damage coverage, then you may want to consider only buying liability coverage.
There are a few situations where dropping full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to maintain full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.
How accidents and violations affect rates in Garland
The chart below demonstrates how traffic citations and at-fault claims influence Honda Civic insurance premiums for each different age category. The premiums are based on a single male driver, full physical damage coverage, $500 deductibles, and no additional discounts are factored in.
Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.
Discounts for lower Garland insurance rates
Some insurance providers do not advertise the complete list of policy discounts in an easy-to-find place, so the next list breaks down both the well known as well as some of the hidden ways to save on insurance.
- Bundled Policy Discount - When you combine your homeowners and auto insurance with the same company you will save at least 10% off all policies.
- Discounts for Responsible Drivers - Safe drivers can get discounts for up to 45% lower rates as compared to drivers with claims.
- Student Discounts - Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
- Passenger Safety Discount - Cars that have air bags or motorized seat belts may get savings up to 30%.
- Student in College - Older children who live away from home to go to college and do not have access to a covered vehicle could qualify for this discount.
- Discount for Life Insurance - Insurance companies who offer life insurance give a small discount if you purchase a life policy as well.
- Multi-car Discount - Buying a policy with multiple cars on the same insurance policy may reduce the rate for each vehicle.
- Defensive Driver Discount - Taking part in a defensive driving course is a good idea and can lower rates if you qualify.
A little note about advertised discounts, most discount credits are not given to the entire policy premium. Some only apply to the cost of specific coverages such as collision or personal injury protection. Just because you may think you would end up receiving a 100% discount, that's just not realistic. Any qualifying discounts will lower the cost of your policy.
To locate companies with significant discounts in Texas, click here.
Informed drivers know how to buy auto insurance more affordably
Many different elements are taken into consideration when pricing auto insurance. Some of the criteria are obvious such as your driving record, although others are less obvious such as your credit history or your vehicle rating.
- Continuous coverage saves money - Driving any period of time without insurance is illegal and you will pay a penalty because you let your insurance lapse. And not only will your rates increase, getting caught without coverage may result in a revoked license or a big fine. You may then be required to file a SR-22 with the Texas motor vehicle department to get your license reinstated.
- Keep insurance claims to a minimum - If you are a frequent claim filer, you should expect either policy cancellation or increased premiums. Insurance companies in Texas award the lowest premiums to policyholders who only file infrequent claims. Your insurance policy is intended to be relied upon for more catastrophic claims.
- Do men or women drive better? - Statistics show that females tend to be a little less risky than males. It does not mean females are better drivers. Both sexes are responsible for accidents in similar percentages, but men tend to have more serious accidents. Not only that, but men also get more serious tickets like DWI (DUI) or reckless driving.
- Discounts for auto and home policies - Most larger insurance companies provide better rates to buyers that purchase more than one policy in the form of a multi-policy discount. Even with this discount, consumers should still get quotes from other companies to help ensure you have the lowest rates. Consumers may save even more than the discount by insuring with multiple companies.
- Improve your credit history and save - Your credit score will be a significant factor in determining premium rates. Insureds with good credit tend to be better drivers and file fewer claims as compared to drivers with poor credit scores. If your credit score could use some work, you may save money insuring your vehicle by improving your credit score.
What is the best car insurance coverage?
When buying adequate coverage for your vehicles, there is no "perfect" insurance plan. Your needs are unique to you.
Here are some questions about coverages that might point out whether you would benefit from professional advice.
- Are rock chip repairs covered?
- Should I carry comprehensive and collision coverage?
- Do I pay less for low miles?
- Do I have ACV or replacement cost coverage?
- Are there any extra discounts I can get?
- Why do I have to buy liability insurance?
- How does medical payments coverage work?
- Can good grades get a discount?
If it's difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don't have a local agent, complete this form. It only takes a few minutes and may give you better protection.
When to get advice from an agent
Many drivers prefer to have an agent's advice and that is just fine! Good agents are highly skilled in risk management and help file insurance claims. The best thing about comparing auto insurance online is you may find better rates and still choose a local agent. Buying from small agencies is definitely important in Garland.
To find an agent, once you fill out this form (opens in new window), your coverage information is immediately sent to local insurance agents who will give competitive quotes and help you find cheaper coverage. You won't even need to visit any agencies because prices are sent to you directly. If for some reason you want to get a price quote from a specific company, you just need to visit that company's website and submit a quote form there.
Different types of Garland car insurance agents
If you need to find a reliable agent, it helps to know the two different agency structures and how they can write your policy. Auto insurance agents in Garland can either be independent agents or exclusive agents depending on their employer. Both types can provide auto insurance policies, but it's a good idea to understand the difference in how they write coverage since it can affect buying decisions.
Independent Auto Insurance Agencies
Independent insurance agents are normally appointed by many insurers and that gives them the ability to insure amongst many companies and possibly get better coverage at lower prices. If your premiums go up, they can switch companies in-house and you won't have to switch agencies.
When shopping rates, we recommend you get quotes from several independent insurance agents for the best price selection.
These type of agents can only quote rates from one company like Allstate, State Farm and Farm Bureau. They usually cannot shop your coverage around so they really need to provide good service. They are very knowledgeable on their products and sales techniques which helps them sell insurance even at higher premiums.
Choosing the best car insurance agent should depend on more than just a cheap price quote. The following questions are important to ask.
- Are they paid to recommend certain coverages?
- How many companies do they write for?
- Will the agent help in case of a claim?
- Which family members are covered?
- Are they full-time agents?
- Is the agency covered by Errors and Omissions coverage?
Smart shoppers get results
We covered many tips how you can compare car insurance premium rates in Garland. It's most important to understand that the more companies you get prices for, the better chance you'll have of finding cheap Garland car insurance quotes. Consumers may even find the most savings is with a lesser-known regional company.
Some insurance providers don't offer online quoting and usually these regional insurance providers sell through independent agents. Affordable car insurance in Garland is possible online and from local insurance agents, and you need to price shop both to have the best chance of lowering rates.
When trying to cut insurance costs, it's a bad idea to buy less coverage just to save a little money. In too many instances, an insured cut liability limits or collision coverage and learned later that the savings was not a smart move. Your goal is to buy the best coverage you can find at the lowest possible cost but still have enough coverage for asset protection.
- Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
- What is the Best Cheap Car Insurance in Beaumont, TX? (FAQ)
- How Much is Car Insurance in Texas? (FAQ)
- Who Has Cheap Car Insurance for a 20 Year Old Female in Texas? (FAQ)
- What Auto Insurance is Cheapest for a Chevrolet Malibu in Texas? (FAQ)
- Reducing Your Risks in a Car Crash Video (iihs.org)
- Safe Vehicles for Teens (iihs.org)
- Help Your Teen Be a Better Driver (State Farm)
- What is Gap Insurance? (Insurance Information Institute)