Want to save money and find low-cost auto insurance rates in Bay City, TX? Do you think you bought overpriced auto insurance? It's quite common and there are lots of Bay City residents who feel the same.

Statistics show that the vast majority of consumers in Texas have purchased from the same company for over three years, and just short of a majority have never shopped around. Many drivers in the U.S. could save up to 47% each year, but they don't know the big savings they would realize if they just switched companies. Because you have many insurance providers from which to choose, it can be hard to choose a more affordable company.

Comparing quotes for affordable insurance policy in Bay City is quite easy. If you're already insured or just want to reduce your rates, you can learn to cut your premiums and still have adequate protection. You just need to know the most effective way to shop for insurance instantly.

Take advantage of every insurance discount

Companies don't always list every available discount very clearly, so the list below details both well-publicized and also the lesser-known credits that you can use to lower your rates. If they aren't giving you every credit available, you're paying more than you need to.Insurance discounts

One last thing about discounts, most discounts do not apply to the overall cost of the policy. Some only reduce individual premiums such as medical payments or collision. Even though it appears you could get a free insurance policy, that's just not realistic. But all discounts will definitely reduce the amount you pay for coverage.

A few companies who might offer some of the discounts shown above include:

Before you buy a policy, ask every prospective company which discounts you may be entitled to. Some of the earlier mentioned discounts may not be offered in your area. To see insurers that offer multiple discounts in Texas, click this link.

The quickest method to compare rate quotes is to know most larger insurance companies will pay a fee to give free rates quotes. To start a quote, the only thing you need to do is provide the companies a bit of rating information including marital status, if it has an anti-theft system, how much you drive, and coverage limits. Those rating factors is submitted instantly to multiple auto insurance providers and they respond with quotes immediately.

To find lower rates now, click here then complete the form.

The auto insurance companies shown below provide price quotes in Bay City, TX. To locate cheap auto insurance in Texas, it's highly recommended you visit several of them in order to get a fair rate comparison.

Insurance Estimates for Popular Vehicles in Bay City
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Impala LS $1,000 $500 $83
Chevrolet Silverado LTZ Crew Cab 2WD $1,126 $563 $94
Dodge Ram Crew Cab SLT 2WD $1,266 $633 $106
Ford Edge SE 2WD $1,484 $742 $124
Ford Escape Limited 2WD $1,026 $513 $86
Ford F-150 XL Super Cab 4WD $840 $420 $70
Ford Focus SE 2-Dr Coupe $1,106 $553 $92
GMC Sierra SLE Crew Cab 4WD $1,460 $730 $122
Honda Accord EX 4-Dr Sedan $1,254 $627 $105
Honda CR-V EX-L 2WD $1,098 $549 $92
Honda Civic SI 2-Dr Coupe $1,524 $762 $127
Nissan Altima 3.5 SR 4-Dr Sedan $1,260 $630 $105
Toyota Camry XLE $934 $467 $78
Toyota Corolla XLE $1,212 $606 $101
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $1,352 $676 $113
Volkswagen Jetta 2.0T Station Wagon $1,386 $693 $116
Get Your Own Custom Quote Go

Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Price information does not factor in Bay City location which can influence rates considerably.

Do you need full coverage?

The example below shows the difference between Honda Accord car insurance rates when comparing full coverage to liability only. The price estimates are based on no claims, a clean driving record, $500 deductibles, married female driver, and no discounts are applied.

Honda Accord rates are for example purposes only. To get rates for your specific vehicle, click here.

When to drop comprehensive and collision coverage

There isn't a steadfast formula to eliminate physical damage coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is more than around 10% of the replacement cost minus the deductible, the it may be a good time to stop paying for full coverage.

For example, let's say your Honda Accord replacement cost is $9,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after paying your deductible. If you are paying in excess of $800 annually for your policy with full coverage, then you may want to consider only buying liability coverage.

There are some situations where buying only liability insurance is not advised. If you haven't satisfied your loan, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should not consider dropping full coverage.

Physical damage deductibles

The information below illustrates how choosing a deductible and can raise or lower Ford Escape annual premium costs for different age categories. The prices are based on a single male driver, full coverage, and no discounts are taken into consideration.

Ford Escape rates are for example purposes only. To get rates for your specific vehicle, click here.

Careless driving habits raise Bay City auto insurance rates

The information below highlights how speeding tickets and at-fault collisions influence GMC Acadia insurance premiums for different insured age categories. The rates are based on a single male driver, comprehensive and collision coverage, $500 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.

Can't I compare rates from local Bay City insurance agents?

Many drivers would rather get advice from a local agent and that is a personal choice. Professional agents are trained to spot inefficiencies and help file insurance claims. The biggest benefit of price shopping on the web is the fact that you can find cheap rate quotes but also keep your business local. Putting coverage with neighborhood insurance agencies is still important in Bay City.

Insurance agents in Bay CityOnce you complete this quick form, your coverage information is instantly submitted to local insurance agents in Bay City who want to provide quotes to get your business. You won't need to leave your house since price quotes are sent immediately to you. If you wish to get a comparison quote from a specific insurance company, you would need to jump over to their website and fill out the quote form the provide.

Choosing an provider shouldn't rely on just the price. Here are some questions to ask:

Car insurance specifics

Knowing the specifics of your car insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. These are the normal coverages offered by car insurance companies.

Liability insurance

Liability coverage protects you from damage or injury you incur to a person or their property in an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 30/60/25 which means $30,000 in coverage for each person's injuries, a limit of $60,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things such as medical expenses, emergency aid and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but it's cheap coverage so purchase as much as you can afford. Texas requires drivers to carry at least 30/60/25 but it's recommended drivers buy more liability than the minimum.

Comprehensive auto coverage

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as falling objects, vandalism and a broken windshield. The maximum payout your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle's value consider dropping full coverage.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like rehabilitation expenses, prosthetic devices, ambulance fees and nursing services. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision insurance

Collision insurance covers damage to your vehicle resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as damaging your car on a curb, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants from other motorists when they are uninsured or don't have enough coverage. It can pay for injuries to you and your family and damage to your vehicle.

Because many people have only the minimum liability required by law (30/60/25), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Normally the UM/UIM limits are set the same as your liability limits.

Vehicle claim statistics

Which vehicle models have severe claims? The data below outline the good and bad vehicle models for likelihood of having claims for each type of coverage.

Lowest and Highest Bodily Injury Liability Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
Subaru Outback Hyndai Accent
Volvo XC60 Kia Rio
Subaru Forester Kia Optima
Audi A6 Mitsubishi Lancer
Fiat 500 Chrysler 200
Chevrolet Corvette Mitsubishi Mirage

Statistics from IIHS.org for 2013-2015 Model Years

Lowest and Highest Comprehensive Coverage Claims by Vehicle Make and Model
Lowest Overall Losses Highest Overall Losses
Nissan Xterra BMW M6
Volvo V60 Maserati Granturismo
Smart ForTwo Mercedes-Benz S Class
Ford F-350 Maserati Quattroporte
Chevy Silverado 2500 BMW M6
Infiniti QX50 Bentley Continental GT

Statistics from IIHS.org for 2013-2015 Model Years

Vehicle Make and Models with the Lowest and Highest Medical Payment Coverage Claims
Lowest Overall Losses Highest Overall Losses
Chevrolet Silverado 3500 Dodge Charger
Land Rover Range Rover Sport Nissan Sentra
Tesla Model S Chevrolet Sonic
Audi A4 Allroad Kia Forte
Chevrolet Corvette Chevrolet Spark
Ford Expedition Hyundai Accent

Statistics from IIHS.org for 2013-2015 Model Years

Collision Coverage Claims by Vehicle Model
Lowest Overall Losses Highest Overall Losses
Mini Cooper Ferrari 458
Ford F-150 SuperCrew Bently Continental GT
Smart ForTwo Bentley Continental Flying Spur
Chevrolet Colorado Nissan GT-R
Ford F-250 SuperCab Audi RS7
GMC Canyon BMW 6 Series

Statistics from IIHS.org for 2013-2015 Model Years

One last thing about your coverage

Lower-priced auto insurance in Bay City is attainable online and from local agencies, and you should compare rates from both to have the best selection. Some auto insurance companies may not have internet price quotes and many times these regional insurance providers work with independent agents.

We covered some good ideas how to compare auto insurance car insurance rates in Bay City. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. You may even discover the biggest savings come from the smaller companies. These smaller insurers may only write in your state and offer lower premium rates than their larger competitors like Allstate or State Farm.

When buying insurance coverage, do not buy less coverage just to save a little money. There have been many cases where someone dropped collision coverage only to regret that it was a big error on their part. The ultimate goal is to find the BEST coverage at the best price but still have enough coverage for asset protection.

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