Determining which insurers offer the cheapest car insurance rates for teenagers in Texas takes a bit more work in order to find the lowest price. Each insurer has their own unique process to set policy rates, so let's take a look at the overall cheapest car insurance companies in Texas.
It's a good idea to be aware that Texas car insurance rates are impacted by many factors that may substantially change the policy premium. Getting older, getting married, or getting a DUI may generate price changes that may make certain companies cheaper than competitors.
Compare Cheap Insurance Quotes for Teens
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,247|
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Travelers may have some of the lowest car insurance rates in Texas at around $1,041 per year. This is $863 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also make the list of some of the cheaper Texas car insurance companies.
As depicted above, if you are a customer of Germania Mutual and switched to USAA, you might see yearly savings of in the neighborhood of $139. Drivers with Esurance may save as much as $304 a year, and California Casualty customers might lower prices by $307 a year.
To find the cheapest rates for your vehicle, click here to get quotes or click several companies below for low rates.
Bear in mind that those premium estimates are averages for all types of drivers and the different vehicles they drive and do not take into consideration a rate surcharge for teenagers. So the company that can offer you the best price may not even be in the list above. That affirms the importance of why you need to get auto insurance quotes using your own driver data and vehicle information.
The vehicle that is being insured is a large factor when trying to find the best coverage for teenagers. Vehicles with lower performance, an excellent safety record, or low incidents of liability claims will cost less to insure than adrenaline junky models.
The next list presents coverage rates for some of the more afforable automobiles to insure in Texas.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$4,011|
|Ford Escape Limited 4WD||$4,293|
|Jeep Wrangler Rubicon 4WD 2-Dr||$4,514|
|Toyota Tacoma 4WD||$4,522|
|Volkswagen Jetta SE 2.5 Station Wagon||$4,574|
|Dodge Grand Caravan Hero||$4,761|
|Chevrolet Malibu LS||$4,769|
|Toyota RAV4 2WD||$4,761|
|Ford F-150 Lariat Crew Cab 2WD||$4,797|
|Ford Explorer Limited AWD||$4,802|
|Honda Civic EX 4-Dr Sedan||$4,968|
|Toyota Corolla S||$5,005|
|Toyota Camry SE||$5,014|
|Ford Edge Limited AWD||$5,005|
|Hyundai Elantra GLS 4-Dr Sedan||$5,011|
|Chevrolet Impala LTZ||$5,005|
|Ford Fusion SE 4-Dr Sedan||$5,041|
|Jeep Grand Cherokee SRT-8 4WD||$5,047|
|GMC Sierra SLT Crew Cab 2WD||$5,041|
|Chevrolet Silverado LT Crew Cab 4WD||$5,049|
|Nissan Altima 3.5 SR 4-Dr Sedan||$5,041|
|Chevrolet Equinox LTZ 2WD||$5,047|
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Data based on single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in your specific Texas location which can revise rates significantly.
Looking at the rates, cars like the Honda CR-V, Ford Escape, Toyota Prius, and Jeep Wrangler are some of the most budget-friendly vehicles to insure for teen drivers. The cost of a car insurance policy will trend higher because there is more liability exposure for teenagers, but overall those models will have the lowest prices possible.
How accidents and tickets impact rates
The recommended way to earn the most affordable car insurance premiums in Texas for teen drivers is to drive safe and avoid at-fault accidents and violations. The chart below shows how traffic citations and at-fault accidents can raise yearly insurance costs for different categories of driver ages. The price estimates are based on a single male driver, full coverage, $500 deductibles, and no discounts are taken into consideration.
In the previous chart, the average cost of car insurance in Texas per year with no accidents or violations is $1,963. Add in one speeding ticket and the average cost hikes up to $2,213, an increase of $249 each year. Now add in two accidents along with the one speeding ticket and the yearly cost of car insurance for teenagers in Texas jumps again to an average of $4,381. That's an increase of $2,418, or $202 per month, just for being a little careless behind the wheel!
The chart below illustrates how your deductible choice can impact premium costs when quoting cheap insurance for teenagers in Texas. The rates are based on a married female driver, full physical damage coverage, and no policy discounts are applied.
The chart above illustrates that a 40-year-old driver could lower their car insurance rates by $310 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $468 by selecting a $1,000 deductible. Youthful drivers, like the 20-year-old category, could shave as much as $772 annually by using a higher deductible.
If you do raise deductibles, it will be necessary to have enough savings to enable you to cover the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.
Discounts on Texas auto insurance rates
Insurance providers that provide coverage for teenagers may also provide price discounts that can reduce rates by as much as 35% if you meet specific criteria. A few popular companies and a selection of discounts are detailed below.
- Progressive may include discounts for continuous coverage, homeowner, good student, online signing, and multi-policy.
- The Hartford has discounts for vehicle fuel type, defensive driver, bundle, good student, anti-theft, and driver training.
- Mercury Insurance offers discounts for low natural disaster claims, anti-theft, location of vehicle, annual mileage, multi-car, accident-free, and age of vehicle.
- GEICO includes discounts for multi-vehicle, emergency military deployment, seat belt use, anti-theft, membership and employees, and multi-policy.
- AAA discounts include good driver, multi-car, good student, AAA membership discount, education and occupation, pay-in-full, and multi-policy.
- State Farm offers premium reductions for Steer Clear safe driver discount, good driver, driver's education, Drive Safe & Save, defensive driving training, anti-theft, and safe vehicle.
The chart below compares insurance prices with and without discounts applied to the policy premium. The premium estimates are based on a female driver, no accidents or driving violations, Texas state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with continuous coverage, good student, passive restraint, vehicle safety, paperless filing, and anti-theft discounts applied. When these discounts are applied, the the amount saved on car insurance for teenagers is 28% or $742.