No sane person likes having to buy car insurance, especially when they know the prices are way too high.
Inconceivable but true, most car insurance buyers have bought car insurance from the same company for over three years, and almost half have never even shopped around for affordable coverage. Drivers in Texas can cut their rates by about $1,770 a year, but they just don't want to save money by comparing rate quotes. Many insurers vie for your business, and it can be difficult to compare rates and uncover the absolute best price available on car insurance.
If you're already insured or just want cheaper rates, follow these tips to cut your premiums without sacrificing coverage. Buying the cheapest auto insurance in San Angelo is really quite easy. You just need to understand the best way to compare rate quotes using one simple form.
Choices you make can reduce your prices
A large part of saving on insurance is knowing the factors that come into play when calculating your policy premiums. If you have a feel for what controls the rates you pay, this empowers consumers to make smart changes that can help you get better insurance rates. Lots of things are part of the calculation when you quote your car insurance policy. Some of the criteria are obvious like a motor vehicle report, but other factors are less obvious like your continuous coverage or your commute time.
- Your address can affect price - Having an address in less populated areas of the country is a good thing when shopping for auto insurance. Less people means a lower chance of having an accident. People in densely populated areas have much more traffic and more severe claims. More time behind the wheel means more chances of being involved in an auto accident.
- Liability protection preserves assets - Your insurance policy's liability coverage will protect you in the event that you are found to be at fault for physical damage or personal injury to other. Liability provides for a legal defense to attempt to prove you were not liable. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.
- Occupation stress can make you pay more - Did you know your occupation can influence how much you pay for insurance? Jobs like military personnel, social workers and miners generally pay the highest average rates because of stressful work requirements and lots of time spent away from family. Conversely, jobs such as professors, students and the unemployed receive lower rates.
- Is your car built for speed? - The performance of the car or truck you are trying to find cheaper insurance for makes a significant difference in your premium level. Economy passenger vehicles generally receive the lowest base rates, but the final cost of insurance is determined by many other factors.
- Married drivers get better prices - Having a significant other actually saves money on your insurance policy. Having a significant other is viewed as being more mature than a single person and insurance companies like that being married results in fewer claims.
- Bad credit will cost you - Your credit history factor in your rate calculation. People with excellent credit scores tend to be more responsible than drivers who have poor credit. Therefore, if your credit rating could use some work, you may save money insuring your vehicle by improving your credit score.
- Gender matters - Statistics have proven that females take fewer risks when driving. That doesn't necessarily mean that women are BETTER drivers than men. Men and women are in at-fault accidents at about the same rate, but the men get into accidents with more damage. Not only that, but men also receive more costly citations like DUI and reckless driving. Male teenagers are the most expensive to insure and therefore pay the highest rates.
- Discounts for auto and home policies - The majority of insurance companies provide better rates to insureds who carry more than one policy, otherwise known as a multi-policy discount. Discounts can add up to ten percent or more. Even if you already get this discount, consumers should still compare rates to guarantee you are still saving the most.
Finding cheaper San Angelo insurance rates isn't really that difficult. Consumers just need to spend a few minutes comparing rate quotes provided by online insurance companies.
It's so fast and easy to compare rates online that it makes it obsolete to drive around to insurance agents' offices. Quoting insurance online has reduced the need for local agents unless you require the trained guidance that can only be provided by a licensed insurance agent. Although, it is possible get the lowest quotes online and get advice from an agent in your area.
The car insurance companies shown below are ready to provide free quotes in Texas. If you want to find cheap car insurance in Texas, we suggest you get prices from several of them to find the cheapest car insurance rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LS Extended Cab 4WD||$1,164||$582||$97|
|Dodge Grand Caravan Hero||$1,324||$662||$110|
|Dodge Ram Crew Cab SLT 4WD||$1,310||$655||$109|
|Ford Edge SE 2WD||$1,044||$522||$87|
|Ford Escape Limited 4WD||$1,080||$540||$90|
|Ford F-150 Lariat Super Cab 4WD||$1,226||$613||$102|
|Ford Focus SE 4-Dr Sedan||$1,098||$549||$92|
|GMC Sierra SL Extended Cab 2WD||$988||$494||$82|
|Honda Accord LX-P 4-Dr Sedan||$1,138||$569||$95|
|Honda CR-V EX 4WD||$974||$487||$81|
|Honda Civic EX-L 4-Dr Sedan||$1,292||$646||$108|
|Honda Odyssey EX-L||$1,060||$530||$88|
|Nissan Altima 3.5 SR 4-Dr Sedan||$1,578||$789||$132|
|Toyota Camry Hybrid||$1,322||$661||$110|
|Toyota Corolla XLE||$1,544||$772||$129|
|Get Your Own Custom Quote Go|
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Rate information does not factor in the specific area where the vehicle is garaged which can increase or decrease auto insurance rates noticeably.
Physical damage deductibles
The information below shows how different deductible levels and can affect Ford Fusion yearly insurance costs for each age group. The prices are based on a married female driver, full physical damage coverage, and no discounts are taken into consideration.
Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.
Physical damage deductibles: Should you raise them?
One common question asked by San Angelo drivers is which deductibles should you choose. The data tables below illustrate the costs and benefits when you choose different physical damage coverage deductibles. The first table uses a $100 physical damage deductible and the second data table uses a $500 deductible.
Chevrolet Malibu rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Table data does not factor in San Angelo location which can revise price quotes significantly.
We can derive from the above data that using a $100 deductible costs roughly $26 more each month or $312 every year than quoting the higher $500 deductible. Since you would pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 15 months between claim filings, you would more than likely save some money by going with a higher deductible. Below is how we made this calculation.
|Average monthly premium for $100 deductibles:||$126|
|Average monthly premium for $500 deductibles (subtract):||- $100|
|Monthly savings from raising deductible:||$26|
|Difference between deductibles ($500 - $100):||$400|
|Divide difference by monthly savings:||$400 / $26|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||15 months|
One important caveat is that increasing deductibles to lower your rates results in more money out-of-pocket when you do file a claim. You need to have enough savings in the event you have to pay the deductible.
Car insurance is not optional in Texas
Despite the high cost, insuring your vehicle may be required and benefits you in several ways.
- Just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability if you want to drive legally. 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.
- If your vehicle has a loan, it's most likely the lender will require you to buy insurance to ensure loan repayment if the vehicle is totalled. If you let the policy lapse, the bank may insure your vehicle for a lot more money and force you to reimburse them the higher premium.
- Car insurance protects both your vehicle and your personal assets. Insurance will also pay for most medical and hospital costs for yourself as well as anyone injured by you. Liability coverage also covers legal expenses if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance definitely exceed the price paid, especially with large liability claims. The average driver in America overpays more than $865 each year so smart consumers compare quotes at every policy renewal to be sure current rates are still competitive.
Discount San Angelo insurance quotes
Insurance is easily one of your largest bills, but companies offer discounts to cut the cost considerably. Some discounts will apply at the time you complete a quote, but less common discounts must be specially asked for before they will apply.
- Good Grades Discount - Maintaining excellent grades can get you a discount of up to 25%. The discount lasts up until you turn 25.
- Low Mileage Discounts - Low annual miles can qualify you for slightly better premium rates than normal.
- Safety Course Discount - Taking time to complete a class that teaches driver safety techniques could save 5% or more if you qualify.
- Drivers Ed for Students - Reduce the cost of insurance for teen drivers by having them complete a driver education course if offered at their school.
- San Angelo Homeowners Discount - Simply owning a home can save you money because owning a home shows financial diligence.
- Passive Restraints - Options like air bags or automatic seat belts can receive discounts of 20% or more.
- Life Insurance - Not all insurance companies offer life insurance, but some may give you a discount if you purchase life insurance.
- Discounts for New Vehicles - Putting insurance coverage on a new car may earn a small discount compared to insuring an older model.
- Active Military Service - Having an actively deployed family member could trigger a small discount.
One thing to note about discounts is that some of the credits will not apply to your bottom line cost. The majority will only reduce individual premiums such as medical payments or collision. So when the math indicates you can get free auto insurance, it doesn't quite work that way.
To choose providers who offer discounts in Texas, click this link.
Tailor your insurance coverage to you
When it comes to the right insurance coverage for your vehicles, there isn't really a "best" method to buy coverage. Your situation is unique so your insurance needs to address that. These are some specific questions might help in determining whether or not you would benefit from an agent's advice.
- I don't drive much so do I pay less?
- Am I covered if hit by an uninsured driver?
- Are all vehicle passengers covered by medical payments coverage?
- What vehicles should carry emergency assistance coverage?
- What is PIP insurance?
- Where can I find high-risk insurance?
- Are combined or split liability limits better?
If you don't know the answers to these questions but you know they apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It's fast, doesn't cost anything and you can get the answers you need.
More quotes mean more insurance savings
While you're price shopping online, it's not a good idea to sacrifice coverage to reduce premiums. There have been many cases where someone dropped liability limits or collision coverage only to regret that it was a big mistake. Your strategy should be to purchase plenty of coverage at a price you can afford.
We just presented many ideas to get a better price on insurance in San Angelo. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers could even find that the most savings is with a lesser-known regional company. Smaller companies often have lower rates on specific markets than their larger competitors like Progressive or GEICO.
Additional detailed information can be found in these articles:
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Who Has Cheap Car Insurance for Nurses in Texas? (FAQ)
- What Insurance is Cheapest for a Dodge Journey in Texas? (FAQ)
- Which Company has the Cheapest Car Insurance in Houston, Texas? (FAQ)
- Information for Teen Drivers (GEICO)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Distracted Driving Extends Beyond Texting (State Farm)
- Electronic Stability Control FAQ (iihs.org)