Are you trying to find cheaper auto insurance rates in Sulphur Springs, TX? Are you drained from sacrificing to keep your car insured? You are no different than many other Texas drivers.

Astonishing but true according to a recent study, the vast majority of auto insurance customers have been with the same company for a minimum of four years, and approximately 40% of consumers have never even compared quotes to find cheap rates. The average driver in Sulphur Springs can save up to $1,770 each year just by shopping around, but they don't know the amount of money they would save if they switched to a cheaper policy. There is such a variety of insurers to pick from, and though it is a good thing to be able to choose, lots of choices makes it harder to find the lowest rates.

How to lower your auto insurance costs

Many things are part of the equation when you get a price on insurance. Some are pretty understandable like a motor vehicle report, although some other factors are more transparent like your vehicle usage and annual miles driven.

The itemized list below are a partial list of the pieces used by your company to calculate rates.

The easiest way to get policy rate comparisons is to take advantage of the fact most larger insurance companies actually pay money for the chance to compare their rates. To start a quote, the only thing you need to do is provide a small amount of information such as driver details, how your vehicles are used, your job, and your education level. That rating information is instantly provided to many highly-rated insurers and they return cost estimate with very little delay.

If you would like to start a quote now, click here and see if a lower rate is available in Sulphur Springs.

The companies shown below have been selected to offer free rate quotes in Texas. If your goal is to find cheap auto insurance in Texas, we recommend you visit as many as you can in order to find the most competitive rates.

Insurance Price Estimates for Popular Vehicles in Sulphur Springs
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Crew Cab 4WD $976 $488 $81
Chevrolet Silverado Crew Cab Hybrid 4WD $1,700 $850 $142
Dodge Grand Caravan Crew $1,208 $604 $101
Dodge Ram Crew Cab SLT 2WD $1,096 $548 $91
Ford Escape XLS 4WD $1,138 $569 $95
Ford F-150 Lariat Super Cab 4WD $1,310 $655 $109
Ford Focus SES 2-Dr Coupe $1,126 $563 $94
Honda Accord LX 4-Dr Sedan $1,230 $615 $103
Honda CR-V EX-L 2WD $1,134 $567 $95
Honda Civic LX 4-Dr Sedan $1,016 $508 $85
Jeep Grand Cherokee Laredo 4WD $1,004 $502 $84
Nissan Altima 2.5 S 2-Dr Coupe $1,554 $777 $130
Nissan Rogue SL 2WD $1,088 $544 $91
Toyota Camry XLE $1,224 $612 $102
Toyota Corolla LE $1,340 $670 $112
Toyota RAV4 4WD $1,356 $678 $113
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Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Rate information does not factor in specific zip code location which can modify coverage prices considerably.

Physical damage deductibles: Should you raise them?

One common question asked by Sulphur Springs drivers is how high should the physical damage deductibles be. The premium rates below may aid in understanding the premium difference of buying low and high comp and collision deductibles. The first data table uses a $100 physical damage coverage deductible and the second set of rates uses a $1,000 deductible.

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

Honda Civic insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Civic DX 4-Dr Sedan $286 $592 $382 $22 $114 $1,421 $118
Civic VP 4-Dr Sedan $286 $698 $382 $22 $114 $1,527 $127
Civic LX 4-Dr Sedan $286 $698 $382 $22 $114 $1,527 $127
Civic DX 2-Dr Coupe $286 $698 $476 $28 $142 $1,655 $138
Civic EX 4-Dr Sedan $286 $698 $382 $22 $114 $1,527 $127
Civic LX-S 4-Dr Sedan $286 $698 $382 $22 $114 $1,527 $127
Civic LX 2-Dr Coupe $286 $804 $476 $28 $142 $1,761 $147
Civic EX-L 4-Dr Sedan $328 $804 $382 $22 $114 $1,675 $140
Civic SI 4-Dr Sedan $328 $804 $382 $22 $114 $1,675 $140
Civic EX 2-Dr Coupe $328 $804 $476 $28 $142 $1,803 $150
Civic GX 4-Dr Sedan $328 $804 $382 $22 $114 $1,675 $140
Civic EX-L 2-Dr Coupe $328 $804 $476 $28 $142 $1,803 $150
Civic Hybrid 4-Dr Sedan $370 $698 $382 $22 $114 $1,611 $134
Civic SI 2-Dr Coupe $370 $908 $476 $28 $142 $1,949 $162
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Honda Civic insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Civic DX 4-Dr Sedan $158 $312 $382 $22 $114 $988 $82
Civic VP 4-Dr Sedan $158 $368 $382 $22 $114 $1,044 $87
Civic LX 4-Dr Sedan $158 $368 $382 $22 $114 $1,044 $87
Civic DX 2-Dr Coupe $158 $368 $476 $28 $142 $1,172 $98
Civic EX 4-Dr Sedan $158 $368 $382 $22 $114 $1,044 $87
Civic LX-S 4-Dr Sedan $158 $368 $382 $22 $114 $1,044 $87
Civic LX 2-Dr Coupe $158 $424 $476 $28 $142 $1,228 $102
Civic EX-L 4-Dr Sedan $182 $424 $382 $22 $114 $1,124 $94
Civic SI 4-Dr Sedan $182 $424 $382 $22 $114 $1,124 $94
Civic EX 2-Dr Coupe $182 $424 $476 $28 $142 $1,252 $104
Civic GX 4-Dr Sedan $182 $424 $382 $22 $114 $1,124 $94
Civic EX-L 2-Dr Coupe $182 $424 $476 $28 $142 $1,252 $104
Civic Hybrid 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
Civic SI 2-Dr Coupe $206 $478 $476 $28 $142 $1,330 $111
Get a Quote for Your Vehicle Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Information does not factor in specific garaging location which can change insurance rates significantly.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs roughly $44 more each month or $528 a year than buying the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you usually have at a minimum 20 months between claim filings, you would probably be better off if you decide on a higher deductible.

How to calculate deductible break even period

Average monthly premium for $100 deductibles: $138
Average monthly premium for $1,000 deductibles (subtract): - $94
Monthly savings from raising deductible: $44
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $44
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 20 months

One thing to note is that a higher deductible level means you will have to pay more of your own money when you file a claim. That will necessitate enough savings in order to pay the higher deductible in order to repair your vehicle.

Auto insurance rates based on gender

The illustration below compares car insurance costs for male and female drivers in Sulphur Springs. The premium estimates are based on no claims, a clean driving record, comprehensive and collision coverage, $100 deductibles, marital status is single, and no other discounts are factored in on a Ford Focus SE.

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

Buyer beware of insurance advertising tricks

Consumers in Texas can't avoid all the ads for the lowest price insurance by companies like State Farm, GEICO and Progressive. All the ads say the same thing that you'll save big just by switching your insurance coverage to their company.

How does every company make the same claim? Here is how they do it.

All the different companies are able to cherry pick for the type of driver that is profitable for them. For instance, a driver they prefer might be described as between the ages of 30 and 50, has other policies, and drives a car with an anti-theft system. Any driver who matches that profile will get very good Sulphur Springs prices and have a good chance to save a lot on Sulphur Springs insurance if they switch.

Insureds who fall outside those standards may be required to pay a higher rate which leads to the driver buying from a lower-cost company. The trick is to say "people that switch" not "everybody who quotes" can get the lowest rates when switching. That's the way insurance companies can confidently make the claims of big savings. Because each company has a different risk profile, you really should get as many free Sulphur Springs car insurance quotes as possible. It is impossible to guess which company will have the lowest insurance in Sulphur Springs.

Why you need quality insurance for your vehicle

Despite the high cost of buying insurance in Sulphur Springs, insurance is not optional due to several reasons.

First, just about all states have mandatory insurance requirements which means state laws require a specific minimum amount of liability insurance coverage in order to drive the car. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you bought your vehicle with a loan, it's most likely the lender will stipulate that you buy insurance to guarantee loan repayment. If you do not pay your insurance premiums, the bank may insure your vehicle at a more expensive rate and make you pay for the much more expensive policy.

Third, insurance safeguards not only your car but also your assets. Insurance will also pay for hospital and medical expenses for you, any passengers, and anyone injured in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of an accident. If you have damage to your vehicle as the result of the weather or an accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.

The benefits of having auto insurance are without a doubt worth the cost, especially for larger claims. Unknowingly, the average driver is overpaying more than $700 annually so we recommend shopping around once a year at a minimum to make sure the price is not too high.

Affordable rates by receiving discounts

Insurance is neither fun to buy or cheap, but you might be missing out on some discounts that could drop your premiums quite a bit. Certain discounts will be triggered automatically at the time you complete a quote, but lesser-known reductions have to be manually applied prior to getting the savings.Insurance discounts

A quick disclaimer, most discounts do not apply to all coverage premiums. Most only cut individual premiums such as comp or med pay. So even though it sounds like you would end up receiving a 100% discount, companies don't profit that way. Any qualifying discounts should help reduce your policy premiums.

Auto insurance companies that may offer quotes with some of the above discounts are:

Before purchasing a policy, check with all the companies which discounts you qualify for. All car insurance discounts may not apply to policyholders in Sulphur Springs. To view companies with the best insurance discounts in Sulphur Springs, follow this link.

Can't I compare rate quotes from local Sulphur Springs insurance agencies?

A lot of people just want to talk to a local agent and that can be a smart move Good agents can point out coverage gaps and will help you if you have claims. One of the benefits of getting online price quotes is that drivers can save money and get lower rates and still have an agent to talk to.

Insurance agents in Sulphur SpringsUpon completion of this short form, your information is submitted to local insurance agents that provide free Sulphur Springs car insurance quotes for your insurance coverage. You don't have to find an agent on your own as quotes are delivered directly to your email. If you have a need to get a price quote from a specific insurance provider, you just need to find their quoting web page and complete a quote there.

Choosing a insurer shouldn't rely on just a cheap quote. Any agent in Sulphur Springs should have no problem answering these questions:

When finding a local Sulphur Springs insurance agent, it can be helpful to understand the different types of agencies and how they can service your needs differently. Insurance policy providers can be categorized as either exclusive agents or independent agents. Either one can insure your vehicles properly, but we need to point out how they differ because it can influence the type of agent you choose.

Exclusive Insurance Agencies

Agents in the exclusive channel work for only one company such as Allstate, AAA, Farmers Insurance, and State Farm. They generally cannot give you multiple price quotes so you might not find the best rates. Exclusive agents are well schooled on what they offer which helps them compete with independent agents.

Independent Insurance Agents

Agents that choose to be independent do not work for one specific company so they can insure your vehicles with many different companies and find you the best rates. If premiums increase, they simply move your policy to a different company and you don't have to switch agencies.

If you need lower rates, we recommend you get quotes from several independent insurance agents so that you can do a thorough price comparison.

If you feel you receive reasonable responses to any questions you may have and an acceptable price quote, you may have found a car insurance agent that meets the requirements to properly service your insurance policy.

Insurance losses by coverage

Which makes and models have the fewest claims? The claim statistics below show the highest and lowest vehicle makes and models for the overall chance of filing claims.

Vehicle Models with the Lowest and Highest Collision Claims
Lowest Overall Losses Highest Overall Losses
GMC Canyon Maserati Ghibli
Ford F-150 SuperCrew Bentley Continental Flying Spur
Smart ForTwo Audi RS7
Nissan Xterra Nissan GT-R
Jeep Wrangler Maserati Granturismo
Ford F-250 SuperCab BMW 6 Series

Statistics from IIHS.org for 2013-2015 Model Years

Lowest and Highest Medical Payment Claims by Manufacturer Model
Lowest Overall Losses Highest Overall Losses
Chevrolet Corvette Hyundai Accent
Ford F-250 SuperCrew Nissan Sentra
Tesla Model S Chrysler 200
Ford Expedition Chevrolet Spark
Chevrolet Silverado 2500 Chevrolet Sonic
Audi A4 Allroad Mitsubishi Lancer

Statistics from IIHS.org for 2013-2015 Model Years

Car Insurance Liability Claims by Manufacturer Model
Lowest Overall Losses Highest Overall Losses
Subaru Outback Chevrolet Impala
Subaru Forester Chevrolet Cruze
Audi A6 Chrysler 200
Mercedes-Benz SL Class Mitsubishi Mirage
Fiat 500 Dodge Charger
Chevrolet Corvette Kia Optima

Statistics from IIHS.org for 2013-2015 Model Years

Comprehensive Coverage Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
GMC Sierra 2500 Maserati Granturismo
Chevy Spark Maserati Quattroporte
Infiniti QX50 Porsche Panamera GTS
Nissan Leaf BMW M6
Chevy Silverado 2500 Mercedes-Benz S Class
Ford F-350 Bentley Continental GTC

Statistics from IIHS.org for 2013-2015 Model Years

Persistent drivers can save

Some insurance providers may not provide the ability to get quotes online and these smaller companies prefer to sell through local independent agencies. Cost effective car insurance can be sourced on the web as well as from insurance agents, and you should compare price quotes from both so you have a total pricing picture.

In this article, we presented many tips how you can get a better price on car insurance in Sulphur Springs. The key concept to understand is the more times you quote, the better your chances of lowering your rates. Consumers could even find that the best prices are with the smaller companies. They may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm and Allstate.

More detailed car insurance information can be read in the articles below: