Establishing which company has the cheapest auto insurance rates after a speeding ticket takes more work in order to find the lowest price quote.
Every insurance company has their own guidelines for determining rates, so we’ll take a look at the auto insurance companies with the most affordable rates in Texas. It’s important to know that Texas auto insurance rates are influenced by many factors that will increase or decrease the price you have to pay for coverage. Turning one year older, becoming a homeowner, or getting a ticket for running a stop sign can trigger rate changes that can cause some rates to be cheaper than others.
Best Auto Insurance Prices with Licence Points
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,084 |
| 3 | Texas Farm Bureau | $1,235 |
| 4 | Germania Mutual | $1,294 |
| 5 | Esurance | $1,365 |
| 6 | California Casualty | $1,382 |
| 7 | Mercury | $1,461 |
| 8 | State Farm | $1,495 |
| 9 | Nationwide | $1,538 |
| 10 | Safe Auto | $1,549 |
| 11 | Progressive | $1,647 |
| 12 | Allstate | $1,718 |
| 13 | Amica | $1,723 |
| 14 | GEICO | $2,135 |
| 15 | Home State | $2,155 |
| 16 | MetLife | $2,227 |
| 17 | Encompass | $2,232 |
| 18 | Unitrin | $2,264 |
| 19 | 21st Century | $2,494 |
| 20 | Titan | $2,594 |
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Travelers generally has some of the best car insurance rates in Houston at around $1,010 each year. This is $894 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the best Houston, TX auto insurance companies.
As the rates illustrate above, if you are insured with USAA and switched to Travelers, you could realize a yearly price reduction of about $74. Customers with Texas Farm Bureau could save as much as $225 a year, and Germania Mutual insureds might see rate reductions of $284 a year.
To get a fast rate comparison, click here to begin a quote or quote prices from the following companies.
Be aware that those prices are averages for all types of drivers and the different vehicles they drive and are not factoring in a vehicle location after a speeding ticket. So the car insurance company that can offer you the best rate may not even be in the top 23 companies in the list above. That affirms the importance of why you need to get car insurance quotes using your own specific driver and vehicle information.
After a few driving violations, one of the big considerations that help determine the amount you pay for auto insurance is where you choose to live in Houston. Areas with more people or higher crime rates tend to have more expensive car insurance rates, whereas areas with less crime or weather claims can boast about having cheaper rates.
The table below rates the priciest cities in Texas after a speeding ticket to purchase a policy in. Houston is ranked at #2 with a yearly premium of $1,909 for coverage, which is about $159 monthly.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | McAllen | $1,936 |
| 2 | Houston | $1,909 |
| 3 | Laredo | $1,889 |
| 4 | Dallas | $1,855 |
| 5 | Brownsville | $1,851 |
| 6 | Amarillo | $1,840 |
| 7 | Mesquite | $1,807 |
| 8 | Garland | $1,796 |
| 9 | Irving | $1,789 |
| 10 | Grand Prairie | $1,757 |
| 11 | Beaumont | $1,754 |
| 12 | Pasadena | $1,740 |
| 13 | San Antonio | $1,739 |
| 14 | Lubbock | $1,716 |
| 15 | Fort Worth | $1,653 |
| 16 | Arlington | $1,642 |
| 17 | Corpus Christi | $1,620 |
| 18 | Carrollton | $1,615 |
| 19 | Austin | $1,610 |
| 20 | McKinney | $1,577 |
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Information shown are estimated as specific Houston garaging address can influence rates substantially.
Discount Houston auto insurance
Insurance companies that sell policies after a speeding ticket could also offer discounts that could reduce prices by as much as 35% or more if you meet specific eligibility requirements. Companies and their offered discounts are outlined below.
- State Farm has discounts for passive restraint, student away at school, good student, safe vehicle, and multiple policy.
- American Family policyholders can earn discounts including Steer into Savings, mySafetyValet, TimeAway discount, multi-vehicle, bundled insurance, early bird, and defensive driver.
- GEICO may have discounts that include good student, military active duty, anti-theft, federal employee, daytime running lights, emergency military deployment, and multi-vehicle.
- 21st Century has savings for theft prevention, automatic seat belts, early bird, good student, and homeowners.
- Progressive may offer discounts for online quote discount, homeowner, multi-vehicle, continuous coverage, multi-policy, good student, and online signing.
The example below compares premium costs with and without policy discounts. The rate quotes are based on a male driver, three traffic citations and no accidents, Texas state minimum liability limits, full physical damage 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, multiple policy, passive restraint, paperless filing, multiple vehicle, and vehicle safety discounts applied. With discounts applied, the average amount saved each year on auto insurance after a speeding ticket is 28% or $1,130.
Liability-only versus full coverage
Lowering the price of auto insurance is probably important to most vehicle owners, and one of the fastest ways to lower the cost of insurance after a speeding ticket is to buy liability only. The illustration below shows the comparison of auto insurance rates with full physical damage coverage and with liability coverage only. The premiums are based on no claims or violations, $100 deductibles, single marital status, and no discounts are factored in.
As an average, physical damage coverage on your policy costs an extra $2,181 per year more than just buying liability only. Many of you may wonder when is it safe to stop buying full coverage. There is no exact formula of when to stop paying for full coverage on your policy, but there is a general convention. If the annual cost of coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.
For example, let’s assume your vehicle’s replacement cost is $8,500 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $7,500 after paying your deductible. If premiums are more than $750 a year to have full coverage, then it could be time to drop full coverage.
There are some cases where eliminating full coverage is not advised. If you still have a loan on your vehicle, you have to keep full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not buy liability only.
Why you should be shopping around
Houston, TX auto insurance rates are impacted by many factors which can significantly increase or decrease the cost of a policy. Simply having a birthday, adding a teenager to your policy, or having a fender bender can trigger changes in premium resulting in some rates now being cheaper in comparison to the competition. And not only may your rating factors change, but insurance companies file new Texas car insurance rates multiple times each year to adjust for heavy claims or excess profits. A period of increased losses can result in rate hikes, while lower claim levels may cause cheaper Houston car insurance rates.
As an example, the chart below demonstrates which company has the cheapest car insurance in Houston, TX for a 35-year-old male driver with a clean driving record, no accidents, and a good credit rating. If we compare prices based on his current risk profile, Travelers might offer the most affordable car insurance rates in Houston at $1,274 each year. This is $630 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the remainder of the most affordable Houston, TX auto insurance companies.
In the next rate comparison, we’ll give the driver in the first example a couple of claims, poor credit, and an imperfect driving record. Since every insurance provider uses their own formula to set premium rates, analyzing rate quotes may now present a slightly different list of affordable companies as shown below.
USAA now has the lowest price on auto insurance in Houston, TX with Mercury, State Farm, Nationwide, and Safe Auto also being competitive. This illustrates why it is important to compare lots of rates when trying to find the most affordable insurance quotes after a speeding ticket.
Auto insurance prices are impacted by many different factors and can change without notice, so the most economical company a year ago may now be an over-priced policy.
If you have questions and prefer to get some help when trying to find lower insurance rates after a speeding ticket, the agents below can probably help you decide which coverages are best.
To locate an agency nearest to you, click the button below the list.
- State Farm: Ken Quach
6489 Wilcrest Dr – Houston, TX 77072 – (281) 498-1010 - Tammy Pham – State Farm Insurance Agent
13618 Bellaire Blvd, Ste E5 – Houston, TX 77083 – (281) 498-6800 - Texas Insurance
210 W Greens Rd # B – Houston, TX 77067 – (281) 872-6100
More Houston, TX insurance agents
Tips to find low-cost insurance after a speeding ticket
The list below shows some of the better money-saving ideas that can help Texas drivers find more affordable auto insurance.
- Drop full coverage on older vehicles
- Avoid preventable accidents
- Clean up your credit rating
- Buy a car with high safety ratings
- Buying car and homeowners insurance together can save money
- Shop your coverage around for the best deal
The last idea is certainly necessary, as was affirmed in the article above. Coverage prices can be changed at any time, so don’t be hesitant to buy a policy from a new company if a cheaper rate is available. Having a favorite company is great, but it’s not a great idea if your bullheadedness ends up costing you thousands of dollars over several years. Spend a few minutes and compare prices and find cheaper car insurance after a speeding ticket in Houston.