Buying economical car insurance for a Ford Escape in Texas hinges on a lot of things such as miles driven annually, the condition of your credit, and citations on your driving record. Texas drivers pay around $1,105 each year for Escape insurance, but that cost is a valuation based upon a 40-year-old single male driver with full comprehensive and collision coverage and $250 deductibles.
Most likely you’re not a 40-year-old male, possibly married instead of single, or maybe you want more liability coverage than is required by law in Texas. Auto insurance is unique to each driver, so the only real way to find the most affordable coverage for your Ford is to compare as many rates as you can.
Your vehicle’s trim level will influence price, so the price you will pay to insure a Escape XLS 2WD model will be $138 less expensive the price to insure the more costly Escape Limited 4WD trim level, as shown in the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escape XLS 2WD | $252 | $468 | $392 | $24 | $118 | $1,254 | $105 |
| Escape XLS 4WD | $252 | $468 | $392 | $24 | $118 | $1,254 | $105 |
| Escape XLT 2WD | $252 | $468 | $392 | $24 | $118 | $1,254 | $105 |
| Escape Limited 2WD | $288 | $468 | $392 | $24 | $118 | $1,290 | $108 |
| Escape XLT 4WD | $288 | $468 | $392 | $24 | $118 | $1,290 | $108 |
| Escape Limited 4WD | $288 | $570 | $392 | $24 | $118 | $1,392 | $116 |
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Cost estimates assume single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Rate information does not factor in the specific area where the vehicle is garaged which can decrease or increase premiums noticeably.
Insuring your vehicle with a high-quality insurance company can be difficult considering how many choices drivers have in Houston. The company rank data below could help you select which auto insurance companies to look at purchasing from.
The rankings below only include the companies with a significant amount of written premium nationwide, so companies that focus mainly on Texas business are not included in the list. To check rates from these companies and more, simply click here.
Top 10 Large Car Insurance Companies Overall in Houston
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
The chart below demonstrates how deductible levels can increase or decrease insurance prices when getting quotes for cheap insurance for a Ford Escape. The costs are based on a married male driver, full coverage, and no additional discounts are factored in.
A 30-year-old driver could lower rates by $294 a year by increasing from a $100 deductible to a $500 deductible, or save $446 by using a $1,000 deductible. Even younger drivers, like the 20-year-old example, could save $884 each year by choosing a larger deductible amount.
If you do make the decision to raise your deductibles, it is a good idea to have enough savings to offset the extra out-of-pocket expense that comes with higher deductibles.
How careless driving impacts Houston insurance rates
In a perfect world, the ideal way to score cheap insurance rates in Texas for an Escape is to be an attentive driver and not have accidents or get tickets. The illustration below demonstrates how speeding tickets and accidents raise insurance premiums for different age groups. The data is based on a single female driver, full coverage, $500 deductibles, and no discounts are applied.
In the previous chart, the average cost of car insurance in Texas per year with no accidents and a clean driving record is $1,867. Get written up for two speeding tickets and the average cost surges to $2,504, an increase of $637 each year. Now add two accidents along with the two speeding tickets and the yearly cost of insurance for a Ford Escape jumps again to an average of $4,879. That’s an increase of $3,012, or $251 per month, just for not driving safely!
Full coverage versus liability only rates
Paying a lower price for insurance is important to most people, and one good way to lower the cost of insurance for a Ford Escape is to not buy full coverage. The information below shows the comparison of auto insurance costs with liability coverage only compared to full coverage. The costs are based on no claims or driving citations, $500 deductibles, single marital status, and no discounts are taken into consideration.
If we average all the age groups together, physical damage insurance costs $1,793 per year more than buying just liability insurance. That is a significant amount which raises the question when is it a good idea to stop buying full coverage. There is no set rule to stop buying full coverage, but there is a general guideline. If the yearly cost of full coverage is about 10% or more of replacement cost minus your deductible, then it might be time to buy liability only.
There are some situations where dropping full coverage is not financially feasible. If you still have a lienholder on your title, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.