Are you kicking yourself for buying overpriced insurance? You're in good company because there are many Stafford drivers thinking the same thing.

Unthinkable but true, most insurance policyholders kept their coverage with the same insurance company for a minimum of four years, and 38% of customers have never compared rate quotes at all. Consumers in Stafford could save themselves almost 70% a year by just shopping around, but they don't understand how simple it is to save money by comparing rate quotes. Many auto insurance companies vie for your insurance dollar, so it's not easy to compare every insurance company to get the lowest price on insurance.

You should make it a habit to compare prices every six months because insurance prices change regularly. Even if you think you had the best quotes on insurance at your last renewal you will most likely find a better rate today. Ignore everything you know about insurance because I'm going to let you in on the secrets to how to use the internet to get good coverage on insurance at a lower rate.

Auto insurance companies in Stafford

The providers in the list below have been selected to offer free rate quotes in Stafford, TX. To find cheap car insurance in Texas, we suggest you get rates from several of them to get a more complete price comparison.

Insurance Rates for Popular Vehicles in Stafford
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Malibu LT $1,168 $584 $97
Chevrolet Silverado LS Regular Cab 2WD $1,060 $530 $88
Dodge Ram Quad Cab TRX4 Off Road 4WD $1,234 $617 $103
Ford Edge SEL 2WD $1,290 $645 $108
Ford Escape XLT 2WD $834 $417 $70
Ford F-150 Lariat Crew Cab Platinum 4WD $1,404 $702 $117
Ford Focus SE 2-Dr Coupe $1,126 $563 $94
Ford Fusion Sport 4-Dr Sedan $1,108 $554 $92
GMC Sierra SLT Crew Cab 2WD $1,238 $619 $103
Honda Accord EX 2-Dr Coupe $1,636 $818 $136
Honda CR-V LX 4WD $972 $486 $81
Honda Civic VP 4-Dr Sedan $1,194 $597 $100
Jeep Grand Cherokee Limited 2WD $1,138 $569 $95
Nissan Altima 2.5 4-Dr Sedan $1,164 $582 $97
Nissan Rogue SL 2WD $1,400 $700 $117
Toyota Camry SE $1,200 $600 $100
Toyota Corolla XLE $1,100 $550 $92
Toyota Tacoma X-Runner 2WD $1,224 $612 $102
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Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Information does not factor in the specific area where the vehicle is garaged which can increase or decrease insurance rates greatly.

Deductible comparison

When buying auto insurance, a common question is which deductible level should you buy. The data tables below highlight the price difference when you select higher and lower physical damage coverage deductibles. The first rate estimation uses a $250 physical damage deductible and the second pricing table uses a $1,000 deductible.

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

Honda Accord insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $256 $408 $324 $20 $96 $1,129 $94
Accord LX 4-Dr Sedan $256 $408 $324 $20 $96 $1,129 $94
Accord EX 4-Dr Sedan $256 $408 $324 $20 $96 $1,129 $94
Accord LX-P 4-Dr Sedan $256 $408 $324 $20 $96 $1,129 $94
Accord LX-P 4-Dr Sedan $256 $408 $324 $20 $96 $1,129 $94
Accord EX-L 4-Dr Sedan $294 $496 $324 $20 $96 $1,255 $105
Accord EX 2-Dr Coupe $294 $584 $430 $26 $128 $1,487 $124
Accord LX-S 2-Dr Coupe $294 $584 $430 $26 $128 $1,487 $124
Accord EX-L 2-Dr Coupe $332 $584 $430 $26 $128 $1,525 $127
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Honda Accord insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord LX 4-Dr Sedan $158 $256 $324 $20 $96 $854 $71
Accord LX 4-Dr Sedan $158 $256 $324 $20 $96 $854 $71
Accord EX 4-Dr Sedan $158 $256 $324 $20 $96 $854 $71
Accord LX-P 4-Dr Sedan $158 $256 $324 $20 $96 $854 $71
Accord LX-P 4-Dr Sedan $158 $256 $324 $20 $96 $854 $71
Accord EX-L 4-Dr Sedan $182 $312 $324 $20 $96 $934 $78
Accord EX 2-Dr Coupe $182 $368 $430 $26 $128 $1,134 $95
Accord LX-S 2-Dr Coupe $182 $368 $430 $26 $128 $1,134 $95
Accord EX-L 2-Dr Coupe $206 $368 $430 $26 $128 $1,158 $97
Get a Quote for Your Vehicle Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Table data does not factor in specific zip code location which can influence rates greatly.

Based on the data above, we can derive that using a $250 deductible will cost you approximately $26 more each month or $312 for a full year than opting for the higher $1,000 deductible. Because you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you average at least 29 months between claim filings, you would probably be better off if you choose a higher deductible. Below is how you can make this decision for your own policy.

Average monthly premium for $250 deductibles: $106
Average monthly premium for $1,000 deductibles (subtract): - $80
Monthly savings from raising deductible: $26
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 29 months

One important issue to know is that higher deductibles means you pay more out-of-pocket when you file a claim. That will require enough extra money in the event you have to pay the deductible.

Liability-only versus full coverage

The diagram below shows the difference between Ford F-150 car insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no claims or driving citations, $100 deductibles, single female driver, and no policy discounts are applied.

Ford F-150 rates are for example purposes only. To get rates for your specific vehicle, click here.

Guidelines for eliminating full coverage

There is no set guideline of when to eliminate physical damage insurance, but there is a general convention. If the yearly cost of comp and collision coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.

For example, let's say your Ford F-150 replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is severely damaged, you would only receive $2,000 after the deductible is paid. If you are paying over $200 annually to have full coverage, then you might want to consider buying only liability coverage.

There are some scenarios where eliminating full coverage is not in your best interest. If you still have a loan on your vehicle, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you don't have enough money to buy a different vehicle if your current one is damaged, you should keep full coverage in place.

Physical damage deductibles

The diagram below demonstrates how deductible levels and can influence Honda Accord annual premium costs for each age group. The data assumes a single male driver, full physical damage coverage, and no policy discounts are applied.

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

Auto insurance policy discounts

Auto insurance is expensive, but you may qualify for discounts that could help you make your next renewal payment. Certain reductions will be credited at the time of quoting, but some discounts are required to be asked for before they will apply. If you check and find you aren't receiving every discount you qualify for, you could be saving more on your auto insurance.Discount auto insurance

Policy discounts save money, but most of the big mark downs will not be given to all coverage premiums. Some only apply to specific coverage prices like liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, it's just not the way it works.

Large auto insurance companies and some of the premium reductions they offer can be found below.

Before buying, ask all the companies to give you their best rates. Savings might not be available to policyholders in every state. To find companies with the best auto insurance discounts in Texas, click this link.

How do I know if I need professional advice?

Keep in mind that when it comes to choosing proper insurance coverage, there really is not a one size fits all plan. Your financial needs are unique and your policy should reflect that.Auto insurance savings These are some specific questions could help you determine if your insurance needs would benefit from professional advice.

If you're not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Car insurance coverages explained

Understanding the coverages of a car insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you'll find the usual coverages found on most car insurance policies.

Medical payments and PIP coverage - Coverage for medical payments and/or PIP pay for expenses for things like doctor visits, EMT expenses, prosthetic devices, funeral costs and dental work. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is not available in all states and may carry a deductible

Liability car insurance - Liability insurance can cover damages or injuries you inflict on people or other property that is your fault. It protects YOU from claims by other people. Liability doesn't cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 30/60/25 that translate to a limit of $30,000 per injured person, $60,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage protects against claims like emergency aid, repair costs for stationary objects, medical services and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible. Texas state minimum liability requirements are 30/60/25 but you should consider buying better liability coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage - Your UM/UIM coverage gives you protection from other drivers when they are uninsured or don't have enough coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your vehicle.

Due to the fact that many Texas drivers have only the minimum liability required by law (30/60/25 in Texas), it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liability limits.

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

Comprehensive insurance covers things such as hitting a deer, hail damage, falling objects, vandalism and damage from a tornado or hurricane. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

Collision coverage - This coverage covers damage to your vehicle from colliding with another vehicle or an object, but not an animal. You first must pay a 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, rolling your car and backing into a parked car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Best and worst vehicle claim statistics

Is your vehicle likely to have claims? The following tables show the best and worst manufacturer models for the probability of having large claims.

Vehicle Models with the Lowest and Highest Medical Payment Claims
Lowest Claims Highest Claims
Chevrolet Silverado 2500 Dodge Charger
Ford F-350 SuperCrew Mitsubishi Lancer
Chevrolet Corvette Hyundai Accent
Ford Expedition Chevrolet Sonic
Ford F-250 SuperCrew Nissan Versa
Land Rover Range Rover Sport Chrysler 200

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Liability Coverage Claims by Manufacturer Model
Lowest Claims Highest Claims
Volvo XC60 Mitsubishi Mirage
Chevrolet Corvette Mitsubishi Lancer
Subaru Forester Dodge Charger
Subaru Outback Chrysler 200
Audi A6 Hyndai Accent
Mercedes-Benz SL Class Chevrolet Sonic

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Car Insurance Comprehensive Claims by Vehicle Make and Model
Lowest Claims Highest Claims
Smart ForTwo Bentley Continental GTC
GMC Sierra 2500 Porsche Panamera GTS
Nissan Xterra Audi S7
Volvo V60 Mercedes-Benz S Class
Infiniti QX50 Bentley Continental GT
Chevy Spark BMW M6

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Collision Claims by Vehicle Model
Lowest Claims Highest Claims
Ford Edge Bently Continental GT
Ford F-250 SuperCab Maserati Granturismo
Nissan Xterra Ferrari 458
Ford F-150 SuperCrew Maserati Ghibli
Mini Cooper BMW 6 Series
Jeep Wrangler Audi RS7

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Keep this in mind when shopping around

In this article, we presented many ideas to shop for insurance online. It's most important to understand that the more price quotes you have, the better likelihood of getting the cheapest Stafford car insurance quotes. You may even discover the lowest car insurance rates come from a smaller regional carrier. These smaller insurers often have lower premium rates on specific markets compared to the large companies like State Farm, GEICO and Nationwide.

Cheaper insurance in Stafford can be sourced on the web and from local agencies, so you should compare both to get a complete price analysis. Some companies don't offer rates over the internet and most of the time these small, regional companies sell through local independent agents.

When trying to cut insurance costs, don't be tempted to buy lower coverage limits just to save a few bucks. In too many instances, an insured dropped comprehensive coverage or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to purchase a proper amount of coverage for the lowest cost, but do not skimp to save money.

Even more information can be read at these sites: