Do you want an efficient way to compare more competitive insurance rates in Odessa, TX? Beginners to shopping for auto insurance online might discover locating the cheapest Odessa auto insurance is very challenging.

It's astonishing, but the vast majority of insurance customers renewed their policy with the same company for well over three years, and nearly half have never compared rates with other companies. Drivers in Texas can cut their rates by roughly 70% a year just by getting comparison quotes, but most tend to underestimate the amount of money they would save if they switched to a cheaper policy.

Odessa car insurance prices are influenced by these factors

An important part of buying insurance is that you know the different types of things that go into determining the price you pay for car insurance. When consumers understand what determines base rates, this enables informed choices that could result in better car insurance rates.

How many coverages with the same company - Lots of companies afford a discount to customers that have more than one policy, otherwise known as a multi-policy discount. Discounts can be ten or even fifteen percent. Even if you qualify for this discount already, it's always a smart idea to check prices from other companies to make sure you are getting the best deal. It's possible to still find a better deal by buying from different companies

The type of vehicle makes a difference - The performance of the car, truck or SUV you are trying to find cheaper insurance for makes a big difference in determining your rates. The cheapest insurance rates are generally reserved for small economy passenger models, but that's not the only thing that factors into the final price.

Pay less if you're married - Your spouse helps lower the price on car insurance. Having a spouse means you're more mature and statistics prove married drivers tend to file fewer claims.

High physical damage deductibles save money - Protection for physical damage, also known as collision and other-than-collision, is used to repair damage to your car. Some examples of claims that would be covered are a broken side mirror, damage caused by hail, or theft. Comprehensive and collision coverage deductibles tell how much you are willing to pay out-of-pocket if you file a covered claim. The more expense the insured is willing to pay, the bigger discount you will receive.

Save money by having excellent credit - Having a bad credit score factor in determining what you pay for car insurance. If your credit is lower than you'd like, you could save money insuring your vehicle by spending a little time repairing your credit. People with high credit scores tend to be less risk to insure than drivers with lower credit scores.

When price shopping your coverage, getting more free quotes provides better odds of finding a lower rate.

The companies in the list below can provide comparison quotes in Texas. If you want cheap car insurance in Texas, we suggest you visit two to three different companies to get the most competitive price.

Insurance Rates for Popular Vehicles in Odessa
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT 2WD $1,300 $650 $108
Chevrolet Silverado LTZ Crew Cab 4WD $1,434 $717 $120
Dodge Grand Caravan Crew $906 $453 $76
Dodge Ram Quad Cab TRX4 Off Road 2WD $1,406 $703 $117
Ford Escape Limited 2WD $990 $495 $83
Ford Explorer Eddie Bauer 4WD $1,388 $694 $116
Ford F-150 XLT Crew Cab 4WD $1,168 $584 $97
Ford Focus S 4-Dr Sedan $1,316 $658 $110
Honda Accord LX-P 4-Dr Sedan $1,014 $507 $85
Honda CR-V EX 2WD $898 $449 $75
Honda Civic VP 4-Dr Sedan $1,186 $593 $99
Jeep Grand Cherokee Laredo 4WD $1,308 $654 $109
Jeep Wrangler Unlimited Sport 2WD 4-Dr $1,448 $724 $121
Mazda 3 S Sport 4-Dr Hatchback $952 $476 $79
Nissan Altima Hybrid 4-Dr Sedan $1,578 $789 $132
Toyota Camry Hybrid $1,330 $665 $111
Toyota Corolla LE $1,084 $542 $90
Toyota RAV4 2WD $1,352 $676 $113
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Data rating is based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Price information does not factor in your specific Odessa location which can lower or raise prices noticeably.

Full coverage versus liability only rates

The illustration below shows the comparison of Dodge Ram insurance rates with full phyical damage coverage and with liability coverage only. The premiums are based on no accidents or driving violations, $500 deductibles, single male driver, and no additional discounts are factored in.

Dodge Ram rates are for example purposes only. To get rates for your specific vehicle, click here.

Are you wasting money paying for full coverage?

There is no exact rule to stop paying for comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

For example, let's assume your Dodge Ram replacement cost is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, you would only receive $5,000 after paying the physical damage deductible. If premiums are more than $500 a year to have full coverage, then you might want to consider buying only liability coverage.

There are some cases where buying only liability insurance is not a good plan. If you still have a loan on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if you can't afford to buy a different vehicle if your current one is damaged, you should not buy liability only.

Policy deductible comparison

A question often asked by Odessa drivers is how high should the physical damage deductibles be. The figures shown below outline the differences in price of buying low and high coverage deductibles. The first pricing table uses a $250 deductible for comp and collision and the second set of rates uses a $1,000 deductible.

Toyota Camry rates are for example purposes only. To get rates for your specific vehicle, click here.

Toyota Camry insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $294 $496 $382 $22 $114 $1,333 $111
Camry SE $294 $584 $382 $22 $114 $1,421 $118
Camry XLE $294 $584 $382 $22 $114 $1,421 $118
Camry Hybrid $332 $584 $430 $26 $128 $1,525 $127
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Toyota Camry insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camry LE $182 $312 $382 $22 $114 $1,012 $84
Camry SE $182 $368 $382 $22 $114 $1,068 $89
Camry XLE $182 $368 $382 $22 $114 $1,068 $89
Camry Hybrid $206 $368 $430 $26 $128 $1,158 $97
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Price estimates do not factor in Odessa location which can influence premium rates substantially.

Based on the above data, using a $250 deductible will cost you roughly $29 more each month or $348 a year than quoting the higher $1,000 deductible. Since you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 26 months between claim filings, you would most likely save money by going with a higher deductible.

Impact of citations and accidents on Odessa insurance rates

The chart below demonstrates how traffic citations and accidents impact Kia Optima auto insurance costs for different age groups. The prices are based on a single female driver, comp and collision included, $1,000 deductibles, and no discounts are applied to the premium.

Kia Optima rates are for example purposes only. To get rates for your specific vehicle, click here.

Three main reasons to buy car insurance

Despite the high insurance cost in Odessa, insurance is mandatory in Texas but it also protects more than you think.

The benefits of buying enough insurance greatly outweigh the cost, especially for larger claims. The average driver in Texas overpays as much as $865 each year so it's very important to do a rate comparison at every policy renewal to help ensure money is not being wasted.

Car insurance discounts are available for cheaper rates

Car insurance companies don't always advertise all possible discounts very clearly, so we took the time to find both well-publicized and also the lesser-known credits that may apply to you.Car insurance discounts

You can save money using discounts, but most credits do not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears you could get a free car insurance policy, you won't be that lucky. Any qualifying discounts should help reduce the amount you have to pay.

A few popular companies and a partial list of their discounts are:

Before purchasing a policy, check with every prospective company which credits you are entitled to. Some of the earlier mentioned discounts may not be available everywhere. If you would like to view providers with the best car insurance discounts in Texas, follow this link.

Everyone needs different insurance coverages

When it comes to buying your policy, there really is no one-size-fits-all type of policy. Every insured's situation is different.Safe vehicles cost less to insure

These are some specific questions might point out if you would benefit from an agent's advice.

If you can't answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form.

Find affordable auto insurance rates by comparing often

Consumers switch companies for a variety of reasons including lack of trust in their agent, high rates after DUI convictions, policy non-renewal or even poor customer service. It doesn't matter why you want to switch finding a great new company is actually quite simple.

Lower-priced auto insurance in Odessa is definitely available from both online companies in addition to many Odessa insurance agents, so you should compare both to have the best chance of lowering rates. Some insurance companies do not provide price quotes online and many times these small, regional companies only sell coverage through independent insurance agencies.

As you restructure your insurance plan, it's a bad idea to buy less coverage just to save a little money. In too many instances, someone sacrificed liability limits or collision coverage and learned later they didn't have enough coverage. Your goal should be to buy enough coverage for the lowest cost while not skimping on critical coverages.

More detailed auto insurance information can be found in these articles: