The type of vehicle to be insured is one of the primary factors when trying to find the most affordable auto insurance for high mileage drivers. Vehicles with average performance, a great safety record, or a low likelihood of liability claims will cost less to insure than high performance models.
The list below illustrates insurance premiums for a handful of the cheaper automobiles to buy insurance for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 4WD | $1,350 |
| Honda Accord LX-P 4-Dr Sedan | $1,449 |
| Ford Explorer XLT 4WD | $1,480 |
| Dodge Grand Caravan CV | $1,487 |
| Ford Escape XLT 2WD | $1,493 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $1,584 |
| Toyota Prius | $1,610 |
| Ford Focus SEL 4-Dr Sedan | $1,617 |
| Toyota Tacoma X-Runner 2WD | $1,649 |
| Toyota Camry SE | $1,659 |
| Chevrolet Silverado LS Crew Cab 4WD | $1,677 |
| Ford F-150 Lariat Crew Cab Harley 4WD | $1,708 |
| Toyota RAV4 Limited 4WD | $1,713 |
| Chevrolet Equinox LT AWD | $1,718 |
| Jeep Grand Cherokee Laredo 2WD | $1,713 |
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Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Prices do not factor in the specific area where the vehicle is garaged which can revise insurance rates considerably.
Based on these rates, you can presume that makes and models like the Honda CR-V, Honda Accord, and Ford Explorer should be a few of the cheapest vehicles to insure for high mileage drivers.
For high mileage drivers, one of the largest things that are looked at to determine the price you pay for insurance is where you keep your vehicle. Cities with more crime and/or more people are more likely to have higher rates, whereas areas with less people or fewer weather incidents receive better rates.
The following table lists the highest-priced areas in Texas for high mileage drivers to purchase a policy in. Houston is listed at #6 with an annual premium of $1,835 for coverage, which is about $153 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | McAllen | $2,016 |
| 2 | Laredo | $1,907 |
| 3 | Brownsville | $1,870 |
| 4 | Amarillo | $1,858 |
| 5 | Dallas | $1,855 |
| 6 | Houston | $1,835 |
| 7 | Pasadena | $1,812 |
| 8 | Garland | $1,778 |
| 9 | Grand Prairie | $1,757 |
| 10 | Beaumont | $1,754 |
| 11 | Mesquite | $1,753 |
| 12 | Irving | $1,736 |
| 13 | Lubbock | $1,716 |
| 14 | San Antonio | $1,671 |
| 15 | Fort Worth | $1,670 |
| 16 | Austin | $1,659 |
| 17 | Arlington | $1,642 |
| 18 | McKinney | $1,625 |
| 19 | Plano | $1,624 |
| 20 | Carrollton | $1,615 |
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Rate quotes are estimated as vehicle location can revise premiums noticeably.
Determining which companies have the most affordable car insurance rates for high mileage drivers will require a little more sweat than just comparing rates from one or two companies. Each company has a different process for establishing rates, so we’ll go over the most competitive car insurance companies in Texas.
Find Cheaper Auto Insurance in Texas
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,247 |
| 4 | Germania Mutual | $1,294 |
| 5 | Esurance | $1,365 |
| 6 | California Casualty | $1,438 |
| 7 | State Farm | $1,510 |
| 8 | Mercury | $1,521 |
| 9 | Nationwide | $1,538 |
| 10 | Safe Auto | $1,597 |
| 11 | Progressive | $1,664 |
| 12 | Allstate | $1,701 |
| 13 | Amica | $1,723 |
| 14 | GEICO | $2,072 |
| 15 | Home State | $2,092 |
| 16 | Encompass | $2,232 |
| 17 | Unitrin | $2,241 |
| 18 | MetLife | $2,249 |
| 19 | 21st Century | $2,494 |
| 20 | Titan | $2,672 |
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Travelers may have some of the cheapest car insurance rates in Houston at around $1,010 annually. This is $894 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also qualify as some of the cheaper Houston, TX insurance companies.
As depicted above, if you have coverage with Esurance and switched to USAA, you might achieve a yearly savings of in the neighborhood of $270. Texas drivers with California Casualty could save as much as $343 a year, and State Farm policyholders might realize rate reductions of up to $415 a year.
To get a fast rate comparison, click here to start your custom quote or visit any of the low-priced companies below.
Understand that those estimates are averaged for all drivers and vehicles in Texas and and are not figured with an exact zip code location for high mileage drivers. So the auto insurance company that is most affordable for your situation may not even be in the top 23 companies in the list above. That is why you need to get quotes using your own personal information and vehicle type.
Car insurance company ratings
Ending up with the best insurer can be difficult considering how many companies are available to choose from in Texas. The company rank data listed below can help you pick which auto insurers you want to consider when insurance shopping for high mileage drivers. These ratings are for companies with a nationwide focus, so companies without a large exposure will not be included in the list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Rate comparison of full coverage and liability-only
Paying a lower price for car insurance is important to most people, and one great way to pay less for insurance for high mileage drivers is to buy liability only. The diagram below compares yearly insurance costs with full physical damage coverage compared to only buying liability only. The price estimates are based on no tickets, no at-fault accidents, $250 deductibles, drivers are not married, and no additional discounts are factored in.
Averaged out for all age groups, full coverage costs an extra $2,000 per year over having just liability coverage. That proposes the question if buying full coverage is a waste of money. There is no exact formula to stop paying for physical damage coverage, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your vehicle’s replacement value is $11,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $10,000 after the policy deductible has been paid. If premiums are more than $1,000 a year for comprehensive and collision coverage, then you may need to consider dropping full coverage.
The importance of shopping around
Houston, TX car insurance rates are impacted by many factors which can substantially change the price you have to pay. Improving your credit rating, having a teenage driver, or getting a ticket for running a stop sign can trigger price changes that can make some companies cheaper than competitors. Not only that, but car insurance companies file new Texas car insurance rates as often as every quarter to ensure their profitability. An extended period of higher than normal claims may result in a rate increase, while profitable underwriting may result in cheaper Houston car insurance rates.
The graph below shows the companies that have the cheapest car insurance in Houston, TX for a 45-year-old female driver with a clear driving record, no claims, and a high credit rating. If we estimate prices based on her current risk factors, Travelers may have the cheapest car insurance rates in Houston at $1,363 each year. This is $541 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are the rest of the top five cheapest Houston, TX auto insurance companies.
The example below compares rates after we give the driver from above a claim or two, a lower credit rating, and a traffic citation. Due to the fact that every insurance company has a different process for determining prices, comparing insurance quotes will most likely result in a new list of the cheapest car insurance companies in Houston as shown below.
Mercury now has the cheapest car insurance in Houston, TX with State Farm, Nationwide, Safe Auto, and USAA also being competitive. This example shows why Texas drivers need to shop around with many companies to get the cheapest car insurance quotes for high mileage drivers.
Car insurance prices are determined by many factors and change substantially, so the best option the last time you shopped around may now cost much more than other companies.
How to find the cheapest auto insurance for high mileage drivers
The list below shows some of the better thrifty suggestions that can help Texas drivers locate more affordable auto insurance.
- Avoid accidents and claims
- Increase physical damage deductibles
- Drive a car with a high safety rating
- Save money by obeying traffic laws and keeping a clean driving record
- Increase your credit rating
- Compare rates regularly and switch companies to save money
That last idea is very vital, as we discussed in the article above. Auto insurance rates change constantly, so don’t hesitate to change insurance companies if a more affordable rate is found. Many consumers stick with the same company and that’s fine, but we do not recommend it if that faithfulness ends up costing you a lot of money. It only take a few minutes to shop around and find cheaper insurance for high mileage drivers in Houston.
If you wish to get some professional input when comparing insurance rates for high mileage drivers, the insurance agencies below can probably provide answers to your questions and help you determine which auto insurance policy would work best for you. To locate an agency in your neighborhood, click the button after the list or click here to get price quotes now.
- Scott McNab – State Farm Insurance Agent
1005 Waugh Dr b – Houston, TX 77019 – (713) 520-5556 - Ken W Taylor Insurance Agency
9405 Huffmeister Rd #110 – Houston, TX 77095 – (281) 345-2580 - Hallmark Insurance Agency Inc
12337 Jones Rd – Houston, TX 77070 – (281) 894-8200 - El Dorado Insurance Agency, Inc
3673 Westcenter Dr – Houston, TX 77042 – (800) 221-3386 - Texas Insurance
210 W Greens Rd # B – Houston, TX 77067 – (281) 872-6100