If price shopping Grapevine auto insurance quotes online is new to you, it's easy to be baffled thanks to the vast number of online companies all claiming to have the lowest rates.

A recent insurance study discovered that a large majority of consumers renewed their policy with the same company for a minimum of four years, and 38% of drivers have never compared rates from other carriers. Texas drivers could cut their rates by roughly 70% a year by just comparing quotes, but most just don't grasp the large savings they would see if they switched to a cheaper policy.

You should make it a habit to price shop coverage yearly due to the fact that insurance prices are variable and change quite frequently. Even if you got the lowest price on insurance a few years ago the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about insurance because you're about to learn one of the best ways to buy cheaper insurance.

We hope to introduce you to how car insurance quotes work and also save some money in the process If you are already insured, you will definitely be able to shop for the lowest rates using the ideas presented in this article. But Texas drivers do need to learn the methods companies use to market on the web because it can help you find the best coverage.

When comparison shopping, getting more free quotes helps locate better pricing.

The companies shown below are ready to provide quotes in Texas. If you want cheap car insurance in Texas, it's highly recommended you click on several of them in order to get a fair rate comparison.

Insurance Rate Estimates for Popular Vehicles in Grapevine
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LS 2WD $1,516 $758 $126
Chevrolet Impala LT $1,120 $560 $93
Chevrolet Silverado LTZ Crew Cab 2WD $1,126 $563 $94
Dodge Ram Crew Cab Sport 4WD $1,352 $676 $113
Ford Escape XLS 4WD $764 $382 $64
Ford Explorer Eddie Bauer AWD $1,228 $614 $102
Ford F-150 Lariat Crew Cab Platinum 2WD $1,120 $560 $93
Ford Focus SES 2-Dr Coupe $1,134 $567 $95
Honda Accord LX-P 4-Dr Sedan $854 $427 $71
Honda CR-V EX 4WD $888 $444 $74
Honda Civic EX 4-Dr Sedan $1,556 $778 $130
Honda Odyssey EX $988 $494 $82
Nissan Altima 2.5 S 4-Dr Sedan $1,600 $800 $133
Toyota Camry SE $1,084 $542 $90
Toyota Corolla XLE $1,410 $705 $118
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Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Rates do not factor in garaging location in Grapevine which can revise price quotes greatly.

Male drivers compared to female drivers

The illustration below illustrates the difference between insurance prices for male and female drivers in Grapevine. The prices are based on no driving violations, no at-fault accidents, full physical damage coverage, $1,000 deductibles, marital status is single, and no additional discounts are factored in on a GMC Acadia SL.

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

Analysis of deductible levels

One common question asked by Grapevine drivers is where should you set your physical damage deductibles. The figures shown below summarize the rate difference when you buy lower versus higher insurance deductibles. The first rate comparisons uses a $250 deductible for physical damage and the second set of rates uses a $1,000 deductible.

Hyundai Sonata rates are for example purposes only. To get rates for your specific vehicle, click here.

Hyundai Sonata insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $294 $496 $430 $26 $128 $1,399 $117
Sonata GLS 4-Dr Sedan $294 $496 $430 $26 $128 $1,399 $117
Sonata GLS 4-Dr Sedan $294 $496 $430 $26 $128 $1,399 $117
Sonata SE 4-Dr Sedan $294 $584 $430 $26 $128 $1,487 $124
Sonata SE 4-Dr Sedan $294 $584 $430 $26 $128 $1,487 $124
Sonata Limited 4-Dr Sedan $332 $584 $430 $26 $128 $1,525 $127
Sonata Limited 4-Dr Sedan $332 $584 $430 $26 $128 $1,525 $127
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Hyundai Sonata insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sonata GLS 4-Dr Sedan $182 $312 $430 $26 $128 $1,078 $90
Sonata GLS 4-Dr Sedan $182 $312 $430 $26 $128 $1,078 $90
Sonata GLS 4-Dr Sedan $182 $312 $430 $26 $128 $1,078 $90
Sonata SE 4-Dr Sedan $182 $368 $430 $26 $128 $1,134 $95
Sonata SE 4-Dr Sedan $182 $368 $430 $26 $128 $1,134 $95
Sonata Limited 4-Dr Sedan $206 $368 $430 $26 $128 $1,158 $97
Sonata Limited 4-Dr Sedan $206 $368 $430 $26 $128 $1,158 $97
Get a Quote for Your Vehicle Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Price information does not factor in garaging location in Grapevine which can lower or raise premiums substantially.

Based on the above data, using a $250 deductible could cost the average driver approximately $29 more each month or $348 for a full year than opting for the higher $1,000 deductible. Because you would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you have at a minimum 26 months between claim filings, you would save more money if you opt for a higher deductible.

Liability only or full coverage

The chart below illustrates the difference between Dodge Ram insurance premiums with full coverage and liability only. Data assumes a clean driving record, no claims, $1,000 deductibles, married female driver, and no other discounts are factored in.

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

Should you be buying full coverage?

There is no definitive formula to eliminate comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of having full coverage is more than 10% of the replacement cost minus the deductible, then it may be the right time to buy liability only.

For example, let's assume your Dodge Ram settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, you would only receive $6,000 after paying your policy deductible. If it's costing in excess of $600 annually to have full coverage, then you may want to consider only buying liability coverage.

There are some situations where only buying liability is not in your best interest. If you haven't paid off your loan, you have to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not drop full coverage.

Insurance rates and discounts

Companies don't always publicize every discount in a way that's easy to find, so the following is a list of a few of the more common in addition to some of the lesser obvious credits available to bring down your rates.Insurance discounts

You should keep in mind that many deductions do not apply to your bottom line cost. Most only reduce specific coverage prices like comprehensive or collision. Even though it may seem like you could get a free insurance policy, insurance companies wouldn't stay in business. Any amount of discount will cut your policy premiums.

Companies who may offer these money-saving discounts include:

When getting a coverage quote, ask all companies you are considering to give you their best rates. Discounts may not be available in Grapevine. To find insurance companies that offer many of these discounts in Texas, follow this link.

Choices you make can reduce your costs

Lots of things are considered when you quote your car insurance policy. Some factors are common sense like your driving record, although some other factors are more transparent such as whether you are married or your financial responsibility. Consumers need to have an understanding of a few of the rating criteria that help determine the level of your policy premiums. If you know what impacts premium levels, this empowers consumers to make smart changes that will entitle you to big savings.

The factors shown below are some of the most common factors used by your company to calculate premiums.

One last thing about your coverage

In this article, we presented many ideas to compare insurance prices in Grapevine. The most important thing to understand is the more price quotes you have, the better your chances of lowering your rates. You may even discover the biggest savings come from a company that doesn't do a lot of advertising.

Lower-priced insurance in Grapevine is possible on the web as well as from insurance agents, and you should compare rates from both to have the best chance of lowering rates. A few companies do not provide internet price quotes and usually these smaller providers sell through independent agents.

When you buy Grapevine auto insurance online, it's a bad idea to buy poor coverage just to save money. Too many times, an insured dropped uninsured motorist or liability limits only to regret at claim time that it was a big error on their part. Your strategy should be to buy the best coverage you can find at the lowest possible cost, but don't skip important coverages to save money.

Additional detailed information can be read in the articles below: