Finding cheaper insurance for a car in Texas could be a painful process, but you can learn a few tricks and make it easy. There are more efficient ways to buy car insurance and we'll show you the absolute fastest way to quote coverages for a new or used and obtain the lowest possible price from both online companies and Colleyville agents.
Smart consumers take time to check car insurance prices quite often since prices trend upward over time. Despite the fact that you may have had the lowest quotes on car insurance six months ago there may be better deals available now. There is lot of inaccurate information about car insurance online, but you can learn some of the best ways to slash your car insurance rates in Colleyville.
Locating the best rates in Colleyville is not that difficult. If you're already insured or are looking for a new policy, you can use these tips to lower your rates and still have adequate protection. Drivers just have to use the most efficient way to shop their coverage around online.
Car insurance companies offering low-cost rates in Texas
The providers in the list below are our best choices to provide comparison quotes in Texas. If you wish to find the best car insurance in Texas, it's highly recommended you visit as many as you can to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT 4WD||$1,086||$543||$91|
|Chevrolet Silverado LT Regular Cab||$1,726||$863||$144|
|Dodge Ram Quad Cab SLT 4WD||$1,582||$791||$132|
|Ford Edge SEL 2WD||$1,042||$521||$87|
|Ford Escape XLS 2WD||$1,144||$572||$95|
|Ford F-150 FX2 2WD||$924||$462||$77|
|Ford Focus SES 2-Dr Coupe||$1,106||$553||$92|
|Ford Fusion Hybrid 4-Dr Sedan||$1,444||$722||$120|
|Honda Accord LX-P 4-Dr Sedan||$1,082||$541||$90|
|Honda CR-V LX 2WD||$1,278||$639||$107|
|Honda Civic EX-L 2-Dr Coupe||$1,640||$820||$137|
|Honda Odyssey EX-L W/Navigation||$1,544||$772||$129|
|Mazda 3 S Sport 4-Dr Sedan||$1,080||$540||$90|
|Nissan Altima Hybrid 4-Dr Sedan||$1,252||$626||$104|
|Nissan Rogue SL 2WD||$1,088||$544||$91|
|Toyota Camry Hybrid||$1,442||$721||$120|
|Toyota Corolla S||$1,256||$628||$105|
|Get Your Own Custom Quote Go|
Data variables include married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Rate quotes do not factor in specific location which can raise or lower rates considerably.
Full coverage versus liability only rates
The chart below examines Hyundai Elantra insurance costs when comparing full coverage to liability only. The rate quotes are based on no violations or accidents, $250 deductibles, single female driver, and no other discounts are factored in.
Hyundai Elantra rates are for example purposes only. To get rates for your specific vehicle, click here.
Deciding between full coverage and liability only
There is no exact rule to exclude physical damage insurance, but there is a general convention. If the annual cost of coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
For example, let's say your Hyundai Elantra settlement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $3,000 after paying the physical damage deductible. If you are currently paying more than $300 annually for your policy with full coverage, then it may be the right time to buy liability only.
There are some cases where buying only liability insurance is not recommended. If you haven't paid off your loan, you must maintain physical damage coverage to protect the lienholder's interest in the vehicle. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.
Auto insurance rates based on gender
The diagram below visualizes the comparison of car insurance costs for male and female drivers in Colleyville. The prices are based on a clean driving record, no claims, full physical damage coverage, $1,000 deductibles, drivers are not married, and no policy discounts are applied on a Ford Fusion S.
Ford Fusion rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Safe drivers pay less for auto insurance
The diagram below highlights how speeding tickets and at-fault claims can impact GMC Acadia insurance costs for each age group. The rates are based on a single male driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.
GMC Acadia rates are for example purposes only. To get rates for your specific vehicle, click here.
Get cheaper auto insurance with discounts
Some insurance providers don't always advertise all discounts very well, so below is a list a few of the more well known in addition to some of the lesser obvious credits available to bring down your rates.
- Discount for Multiple Policies - If you can bundle your auto and homeowners insurance and insure them with the same company you will save up to 20% and get you affordable Colleyville auto insurance.
- Seat Belt Discounts - Requiring all passengers to fasten their seat belts can save a little off the medical payments premium.
- Employee of Federal Government - Active or former government employment could cut as much as 10% off depending on your auto insurance provider.
- Colleyville Homeowners Discount - Just owning your own home may trigger a policy discount on auto insurance since home ownership is proof that your finances are in order.
- Safety Course Discount - Taking time to complete a course teaching defensive driver skills is a good idea and can lower rates and also improve your driving technique.
- Anti-theft System - Anti-theft and alarm system equipped vehicles help deter theft so companies will give you a small discount.
- Anti-lock Brake Discount - Vehicles with anti-lock braking systems can avoid accidents and will save you 10% or more.
- Discount for Life Insurance - Insurance carriers who offer life insurance give a discount if you purchase a life policy as well.
As a footnote on discounts, most of the big mark downs will not be given to the entire cost. Some only reduce the cost of specific coverages such as liability and collision coverage. Despite the appearance that all the discounts add up to a free policy, nobody gets a free ride.
Some of the insurance companies that possibly offer most of these discounts possibly include:
Before buying, ask all the companies how you can save money. Some discounts listed above might not apply in every state. If you would like to view insurance companies with discount rates in Texas, follow this link.
Find lower-cost auto insurance with these tips
Multiple criteria are part of the equation when you quote your car insurance policy. Some are obvious like a motor vehicle report, but some are more obscure such as your credit history or how financially stable you are.
The factors shown below are some of the most common factors auto insurance companies consider when setting your rate level.
Performance affects insurance rates - The type of vehicle you need to insure makes a substantial difference in the rate you pay. The lowest premiums will generally be found on small economy passenger cars, but there are many factors that impact the final cost.
Defend yourself with liability - The liability coverage on your policy will afford coverage in the event that a court rules you are at fault for damages caused by your negligence. Liability provides you with a defense in court to defend your case. Liability is cheap compared to physical damage coverage, so do not cut corners here.
Prevent auto insurance lapses - Driving without insurance can get your license suspended and you may have a hard time finding new coverage because you let your insurance expire. Not only will you pay higher rates, the inability to provide proof of insurance could earn you fines or a revoked license. You could then be forced to prove you have insurance by filing a SR-22 with the Texas department of motor vehicles.
Teen drivers pay more - Young drivers in Texas are known to be easily distracted when driving with friends therefore auto insurance rates are much higher. Having to add a teen driver to your policy can really hurt. More mature drivers are more cautious drivers, file fewer claims, and receive fewer citations.
Only buy what you need - There are quite a few extra bells and whistles that sound like a good idea at the time if you don't pay attention. Coverages for roadside assistance, towing coverage, and extra life insurance coverage could be just wasting money. The coverages may be enticing initially, but your money might be better spent on other coverage so consider taking them off your policy.
Bump up deductibles to lower rates - The deductibles define the amount you are required to spend out-of-pocket before a claim is paid by your company. Physical damage coverage, aka comp and collision, insures against damage to your car. Some examples of claims that would be covered could be rearending another vehicle, damage from fire, and having a roll-over accident. The more money you're willing to pay, the better rate you will receive.
Being married can lower rates - Having a significant other actually saves money when buying auto insurance. Having a spouse usually means you are more stable financially and statistics show married drivers get in fewer accidents.
Your location is a factor - Being located in less populated areas can be a good thing when trying to find low car insurance rates. Fewer people means fewer accidents in addition to lower liability claims People who live in big cities have to deal with traffic congestion and higher rates of accident claims. Spending more time driving means a statistically higher chance of an accident.
Auto insurance agents can find coverage gaps
Some people just prefer to get advice from a local agent and that can be a great decision Insurance agents are very good at helping people manage risk and help submit paperwork. A good thing about comparing insurance prices online is you may find cheaper premium rates and still have an agent to talk to.
After completing this form (opens in new window), your insurance coverage information is immediately sent to local insurance agents in Colleyville who will give you bids for your business. It's much easier because you don't need to do any legwork since price quotes are sent to you directly. In the event you want to compare prices for a specific company, just go to their quote page to submit a rate quote request.
Picking the best insurance company requires you to look at more than just the premium amount. The answers to these questions are important, too.
- Do they offer rental car reimbursement?
- Has the agent ever had any license suspensions?
- Who is covered by the car insurance policy?
- When do they do a full risk review?
- Can they provide you with a list of referrals?
- Do the coverages you're quoting properly cover your vehicle?
- Does the company have a solid financial rating?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
Two different types of auto insurance agents
If you need to find local Colleyville agents, it can be helpful to understand the different types of agents and how they function. Agents are considered either independent or exclusive. Either can insure your vehicles properly, but it's worth learning how they differ because it can impact the selection process.
Exclusive Insurance Agents
These type of agents generally can only insure with one company and examples are Farmers Insurance, State Farm, or Allstate. Exclusive agents are unable to provide other company's prices so they are skilled at selling on more than just price. Exclusive agencies are usually well trained on their company's products and that enables them to sell even at higher rates. Drivers often use the same agent mainly due to the brand legacy and the convenience of having all coverages with one company.
Independent Agencies or Brokers
Independent insurance agents are not employed by any specific company so they can insure your vehicles with many different companies and get you the best rates possible. If they find a cheaper price, they simply switch companies in-house and you can keep the same agent.
When comparing car insurance prices, we recommend you get insurance quotes from multiple independent agents for the best price selection. Many independent agencies also insure through companies you've never heard of which may have better rates.
Once you have received positive feedback for all questions you ask and an affordable coverage quote, you have narrowed it down to an auto insurance agent that can be trusted to insure your vehicles. Just understand that policyholders can cancel your coverage when you choose so never assume you're contractually obligated to any specific company for the entire policy term.
The best insurance company isn't always the cheapest
As you quote Colleyville auto insurance, don't be tempted to skimp on coverage in order to save money. In many instances, an insured dropped physical damage coverage and learned later that the few dollars in savings costed them thousands. Your strategy should be to get the best coverage possible at an affordable rate and still be able to protect your assets.
You just read many ideas to shop for auto insurance online. It's most important to understand that the more quotes you get, the better chance you'll have of finding cheaper Colleyville auto insurance quotes. Consumers may even find the most savings is with the least-expected company.
Lower-priced auto insurance in Colleyville can be bought on the web as well as from independent agents in Colleyville, and you need to price shop both in order to have the best chance of saving money. Some companies don't offer online price quotes and many times these regional insurance providers only sell through local independent agencies.
To learn more, take a look at these articles:
- Child Safety Seats (Insurance Information Institute)
- What Auto Insurance is Cheapest for Drivers Over Age 70 in Texas? (FAQ)
- Who Has Affordable Auto Insurance for Drivers Over Age 60 in Texas? (FAQ)
- What Auto Insurance is Cheapest for a Jeep Grand Cherokee in Texas? (FAQ)
- What is the Best Cheap Auto Insurance in McAllen, TX? (FAQ)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)
- Red Light Cameras (State Farm)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)