Searching for better insurance prices for a new or used car in Texas could be difficult, but you can learn the following methods and make it easy. There are both good and bad ways to buy insurance so we're going to tell you the absolute fastest way to get price quotes on a and locate the lowest price either online or from Georgetown insurance agents.
Locating the most cost-effective insurance policy in Georgetown is quite easy. If you're already insured or just want to save money, you can learn to find better prices and still have adequate protection. Comparison shoppers only need to know the most effective way to shop online.
Low-cost companies for Georgetown auto insurance
The providers in the list below have been selected to offer price comparisons in Texas. In order to find the best auto insurance in Texas, it's highly recommended you compare several of them to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Impala LS||$1,270||$635||$106|
|Chevrolet Silverado LT Regular Cab 2WD||$1,564||$782||$130|
|Dodge Grand Caravan Crew||$1,224||$612||$102|
|Dodge Ram Crew Cab SLT 4WD||$1,550||$775||$129|
|Ford Escape Limited 4WD||$1,096||$548||$91|
|Ford Explorer Limited 4WD||$1,008||$504||$84|
|Ford F-150 FX4 4WD||$1,156||$578||$96|
|Ford Focus S 4-Dr Sedan||$1,592||$796||$133|
|Honda Accord EX-L 4-Dr Sedan||$1,074||$537||$90|
|Honda CR-V LX 2WD||$764||$382||$64|
|Honda Civic DX 4-Dr Sedan||$1,122||$561||$94|
|Honda Odyssey LX||$1,224||$612||$102|
|Hyundai Sonata Limited 4-Dr Sedan||$1,704||$852||$142|
|Nissan Altima 3.5 SR 2-Dr Coupe||$1,234||$617||$103|
|Toyota Camry LE||$1,634||$817||$136|
|Toyota Corolla XRS||$1,434||$717||$120|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$1,524||$762||$127|
|Volkswagen Jetta 2.0T 4-Dr Sedan||$1,214||$607||$101|
|Get Your Own Custom Quote Go|
Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Premium amounts do not factor in zip code location which can lower or raise coverage prices significantly.
Comparison of car insurance rates by gender
The information below shows the difference between car insurance costs for male and female drivers in Georgetown. The costs are based on no violations or claims, full coverage, $100 deductibles, single marital status, and no discounts are applied to the premium on a Hyundai Sonata GLS.
Hyundai Sonata rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Should you buy full coverage?
The illustration below illustrates the comparison of GMC Acadia auto insurance costs with and without physical damage coverage. Data assumes no claims, a clean driving record, $250 deductibles, married female driver, and no discounts are taken into consideration.
GMC Acadia rates are for example purposes only. To get rates for your specific vehicle, click here.
Deciding between full coverage and liability only
There is no clear-cut formula of when to stop paying for physical damage insurance, but there is a general school of thought. If the annual cost of your full coverage insurance is more than about 10% of the vehicle's replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let's pretend your GMC Acadia claim settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $6,000 after you pay the deductible. If you are paying in excess of $600 a year to have full coverage, then it could be time to drop full coverage.
There are some situations where buying only liability insurance is not recommended. If you haven't satisfied your loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not buy liability only.
Six factors that affect insurance prices
Many factors are part of the equation when quoting car insurance. Most are fairly basic like a motor vehicle report, although some other factors are less apparent like your continuous coverage or your commute time. One of the most helpful ways to save on insurance is to to have a grasp of a few of the rating criteria that come into play when calculating your insurance rates. When consumers understand what influences your rates, this enables informed choices that can help you get big savings.
More people means more accidents - Being located in smaller towns and rural areas of the country may provide you with better prices when insuring your vehicles. Lower population translates into fewer accidents. People who live in big cities regularly have much more traffic and higher rates of accident claims. Spending more time driving means more chances of being involved in an auto accident.
Eliminate add-on coverages - There are a lot of add-on coverages that you can get tricked into buying when buying insurance. Coverages like rental car reimbursement, death and dismemberment, and additional equipment coverage are examples of these. The coverages may be enticing when buying your policy, but your money might be better spent on other coverage so remove them and pocket the money.
Females pay lower premiums - Statistics show that females take fewer risks when driving. However, this does not mean males are worse at driving than females. Both genders cause at-fault accidents in similar percentages, but the males get into accidents with more damage. Not only that, but men also get higher numbers of serious violations like driving under the influence (DUI).
Drive less and save - Driving more miles every year the more it will cost to insure it. Most companies price each vehicle's coverage based on how the vehicle is used. Cars and trucks that have low annual miles can be on a lower rate level as compared to vehicles used primarily for driving to work. Verify your insurance policy is rated on annual mileage.
Excellent credit scores equal low rates - A driver's credit rating will be a significant factor in calculating your premium rate. People with very high credit ratings tend to file fewer claims and have better driving records than drivers who have bad credit. If your credit history is not that good, you could potentially save money when insuring your vehicle by taking the time to improve your credit score.
Pay more for higher performance vehicles - The performance level of the vehicle you own makes a big difference in your car insurance bill. The cheapest insurance rates are usually found on lower cost passenger cars, but the cost you end up paying is determined by many additional factors.
Don't overlook these auto insurance discounts
Insurance can cost an arm and a leg, but there may be some discounts to reduce the price significantly. Some discounts will apply when you quote, but a few need to be requested specifically prior to getting the savings.
- Senior Citizen Rates - If you qualify as a senior citizen, you could receive lower premium rates.
- Multi-Vehicle Discounts - Buying a policy with all your vehicles with the same auto insurance company can reduce rates for all insured vehicles.
- Drive Less and Save - Keeping the miles down could be rewarded with substantially lower rates.
- Anti-theft Discount - Vehicles that have factory anti-theft systems are stolen with less frequency so companies will give you a small discount.
- Homeowners Savings - Just owning your own home can save you money because owning a home requires a higher level of personal finance.
- Sign Online - Some auto insurance companies may give you up to $50 for buying your policy on the internet.
- Discount for Multiple Policies - If you insure your home and vehicles with the same company you may earn at least 10 to 15 percent or more.
- Early Payment Discounts - If you pay your bill all at once as opposed to paying monthly you could save up to 5%.
- Claim Free - Drivers with accident-free driving histories get the best auto insurance rates when compared with drivers who are more careless.
- Discount for Life Insurance - Not all auto insurance companies offer life insurance, but some may give you a discount if you purchase some life insurance in addition to your auto policy.
As a sidenote, most of the big mark downs will not be given to your bottom line cost. The majority will only reduce the price of certain insurance coverages like comp or med pay. So even though it sounds like adding up those discounts means a free policy, company stockholders wouldn't be very happy.
A few companies that may have some of the above discounts are:
Before buying, ask every prospective company which discounts they offer. Depending on the company, some discounts may not apply in every state. To see companies that have a full spectrum of discounts in Georgetown, click here to view.
Shop online but buy locally
Many people still like to visit with an insurance agent and we recommend doing that Professional agents can help you build your policy and will help you if you have claims. A nice benefit of comparing insurance prices online is that you can obtain cheap rate quotes and still buy from a local agent.
To make it easy to find an agent, after completing this form (opens in new window), your insurance coverage information is submitted to companies in Georgetown that provide free Georgetown car insurance quotes and help you find cheaper coverage. You won't need to search for an agent as quotes are delivered straight to your inbox. If you wish to get a rate quote from a specific car insurance provider, you just need to find their quoting web page and give them your coverage information.
Choosing a insurer should depend on more than just the quoted price. These are some questions your agent should answer.
- Does the company use OEM repair parts?
- What insurance companies do they recommend if they are an independent agent?
- Is there a local claims center in Georgetown?
- What discounts might you be missing?
- Can you contact them at any time?
- Do they offer claims assistance after hours?
- Do they offer rental car reimbursement?
Cheaper car insurance rates are possible
We just covered many ideas to reduce car insurance auto insurance rates online in Georgetown. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the best auto insurance rates are with a smaller regional carrier.
Discount car insurance in Georgetown can be found online as well as from insurance agents, and you should be comparing both in order to have the best chance of saving money. Some car insurance companies may not have rate quotes online and many times these regional carriers only sell through local independent agents.
People leave their current company for a number of reasons such as policy cancellation, questionable increases in premium, unfair underwriting practices or an unsatisfactory settlement offer. It doesn't matter what your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.
Even more information is located at these sites:
- What Does No-Fault Insurance Cover? (Allstate)
- What Insurance is Cheapest for Infrequent Drivers in Texas? (FAQ)
- What is the Best Cheap Car Insurance in Beaumont, TX? (FAQ)
- What Auto Insurance is Cheapest for a Ford Fusion in Texas? (FAQ)
- How Much is Auto Insurance for a Toyota Corolla in Texas? (FAQ)
- Who Has Cheap Auto Insurance Rates for Teenage Females in Texas? (FAQ)
- What is the Cheapest Car Insurance in Mesquite, Texas? (FAQ)
- State Laws for Cellphones and Texting (iihs.org)
- What is Gap Insurance? (Insurance Information Institute)
- Understanding Limits and Deductibles (Allstate)