One of the many considerations that help determine the cost of insurance is where you live in Abilene. Cities with larger populations or higher claim trends will most likely have higher rates, whereas areas with less people or fewer weather incidents have the benefit of cheaper auto insurance prices.
The table below rates the most costly cities in Texas to buy an auto insurance policy in. Abilene comes in at #23 costing $1,561 for coverage, which is about $130 monthly.
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Rates are estimated as the vehicle garaging location can change insurance rates greatly.
Having seen where Abilene ranks for car insurance prices, figuring out which companies have the cheapest car insurance rates in Abilene will take a little more effort than just picking a company at random. Every car insurance company has their own process for setting rates, so we will examine the car insurance companies with the overall cheapest rates in Texas.
Best Cheap Insurance Rates in Abilene
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,211|
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Travelers quotes some of the most affordable car insurance rates in Abilene at around $1,010 annually. This is $894 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also are some of the more affordable Abilene, TX auto insurance companies.
As the example above demonstrates, if you are a customer of USAA and switched to Travelers, you might realize an annual premium reduction of upwards of $85. Insureds with Texas Farm Bureau could save as much as $201 a year, and Germania Mutual policyholders might lower prices by $246 a year.
To compare your rates to other Texas insurance companies, click here or quote rates from the companies below.
Remember that these policy rates are averaged across all insureds and vehicles and and are not calculated with a specific location in Abilene. So the auto insurance company that can offer you the best rate may not even be in the top 23 companies shown above. That affirms the importance of why you need to get quotes using your own driver and vehicle profiles.
Are you paying too much for car insurance in Abilene?
Abilene car insurance rates are determined by lots of factors that can increase the price you have to pay for coverage. Simply improving your credit, increasing liability limits, or getting a ticket for running a stop sign can trigger changes in premium that can make some companies more affordable than competitors.
And not only may your rating factors change, but auto insurance companies change the rates they charge in Texas at least once a year as an adjustment for underwriting gains or losses. A period of increased losses may cause additional premium costs, while better underwriting may result in cheaper Abilene car insurance rates.
The chart below shows which companies have the cheapest car insurance in Abilene, TX for a 30-year-old male driver with a good driving record, no prior claims, and a good credit history. When comparing rates based on his current rating profile, Travelers offers the lowest car insurance rates in Abilene at $1,060 a year. This is $844 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also on the list of the best Abilene, TX auto insurance companies.
Now let's give the driver from the first rate comparison some claims, slightly worse credit, and a couple of points charged on his driving record. Because each insurer has their own unique process for determining prices, analyzing rates most likely will result in a different list of affordable companies as shown below.
State Farm now has the cheapest rate in Abilene with Mercury, USAA, Safe Auto, and Nationwide now rounding out the top five. This shows why it is critical to compare rates to get cheap auto insurance rates in Abilene.
Insurance prices are impacted by many different factors and can change without notice, so the most economical company six months ago may now be one of the more expensive options.
The type of vehicle you are seeking coverage for is a large factor when comparing quotes for cheaper auto insurance in Abilene. Vehicles with average performance, modern passenger safety features, or low incidents of liability claims will cost less to insure than higher performance models.
The information below showcases insurance premiums for the most cost-effective automobiles to insure.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Ford Escape Limited 4WD||$869|
|Honda CR-V EX 2WD||$903|
|Nissan Altima 2.5 4-Dr Sedan||$945|
|Chevrolet Impala LT||$954|
|Chevrolet Malibu Hybrid||$945|
|Ford Focus SES 4-Dr Sedan||$978|
|Dodge Grand Caravan SE||$980|
|Ford Explorer XLT 2WD||$990|
|Toyota Corolla XLE||$996|
|Nissan Rogue S 2WD||$1,014|
|Jeep Grand Cherokee Limited 2WD||$1,020|
|Ford Fusion SEL 4-Dr Sedan||$1,014|
|Ford Edge SE AWD||$1,018|
|Chevrolet Silverado 3500HD LT Crew Cab 2WD||$1,032|
|Toyota RAV4 Limited 4WD||$1,038|
|Ford F-150 XLT Crew Cab 4WD||$1,058|
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Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Table data does not factor in vehicle garaging location which can modify premium rates considerably.
Based on these rates, models like the Ford Escape, Honda CR-V, Nissan Altima, and Chevrolet Impala are some of the cheaper vehicles to insure for drivers in Abilene.
Types of discounts on Abilene car insurance rates
Insurance providers that provide coverage in Abilene may also give you discounts that can lower rates by 30% or more if you meet specific criteria. A list of car insurance companies and their offered discounts are detailed below.
- American Family offers discounts for early bird, good student, accident-free, mySafetyValet, Steer into Savings, and defensive driver.
- Nationwide offers premium reductions for family plan, defensive driving, Farm Bureau membership, anti-theft, good student, multi-policy, and accident-free.
- MetLife has savings for defensive driver, good student, accident-free, claim-free, good driver, multi-policy
- 21st Century discounts include early bird, air bags, 55 and older, teen driver, and homeowners.
- Farmers Insurance may have discounts that include teen driver, early shopping, bundle discounts, pay in full, alternative fuel, distant student, and business and professional.
- Allstate has discounts for defensive driver, premier discount, auto/life discount, FullPay discount, safe driver, and passive restraint.
The diagram below illustrates the difference between insurance premiums with and without discounts applied to the policy premium. The premiums are based on a female driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, comp and collision included, and $100 deductibles.
The first bar for each age group shows premium with no discounts. The second bar shows the rates with passive restraint, homeowner, vehicle safety, accident-free, anti-theft, and safe-driver discounts applied. In this example, the the amount saved on car insurance in Abilene is 28% or $633.
The example below shows how choosing a deductible can affect insurance costs when researching cheap insurance in Abilene. The price estimates are based on a single female driver, comprehensive and collision coverage, and no discounts are factored in.
The chart above illustrates that a 40-year-old driver could save $362 a year by changing from a $100 deductible to a $500 deductible, or save $546 by changing to a $1,000 deductible. Young drivers, like the Age 20 category, could drop their prices as much as $920 each year just by choosing higher deductibles.
If you do raise deductibles, it will be necessary to have enough in a savings account to be able to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
How to find budget-friendly insurance in Abilene
The list below summarizes a few penny-pinching ideas that can help Abilene drivers quote low-cost coverage.
- Lower rates by purchasing a safer vehicle
- Avoid price increases by not filing claims
- Drop full coverage on older vehicles
- Buying car and homeowners insurance together can save money
- Do not get traffic violations
- Staying accident-free helps keep rates low
- Comparison shop at least every other year
That last idea is incredibly crucial, as was stressed in the prior information. Coverage rates can be modified anytime, so don't hesitate to change insurance companies if a better deal can be had. Staying with the same company for years is fine, but we do not recommend it if that loyalty ends up costing money that could be used for better things. In less than five minutes you could compare prices and find cheaper auto insurance in Abilene.