You have most likely seen the catchy commercials from car insurance companies like Farmers, Liberty Mutual, and Progressive that make promises of huge savings, so you should just pick the company with the best ad, right?
It’s just not that simple, as there are a whole bunch of unknown factors like if you have points on your license, how much you actually drive in a year, and what your desired deductibles are, that all impact the cost of your policy. The information below will cover the things that influence insurance rates and will hopefully give you a good beginning to your quest for cheaper car insurance in Texas.
Trying to find reasonably-priced auto insurance is difficult, and determining which company quotes the cheapest auto insurance rates with multiple speeding tickets may require even more perseverance.
Each insurer uses their own formula for determining prices, so let’s rank the most competitive auto insurance companies in Houston, TX. It’s a good idea to know that Texas auto insurance rates are calculated based on many things that can increase the price of coverage. This price variability is why drivers need to do a thorough rate comparison to find the most affordable insurance quotes with multiple speeding tickets. Insurance rates can be altered by many different factors and can change without notice, so the lowest-price company the last time you compared rates may now cost much more than other companies.
Cheap Insurance Rates with License Points
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,021 |
| 2 | USAA | $1,095 |
| 3 | Germania Mutual | $1,244 |
| 4 | Texas Farm Bureau | $1,247 |
| 5 | Esurance | $1,365 |
| 6 | California Casualty | $1,438 |
| 7 | Mercury | $1,476 |
| 8 | State Farm | $1,510 |
| 9 | Nationwide | $1,538 |
| 10 | Safe Auto | $1,549 |
| 11 | Progressive | $1,647 |
| 12 | Allstate | $1,650 |
| 13 | Amica | $1,775 |
| 14 | Home State | $2,092 |
| 15 | GEICO | $2,093 |
| 16 | Encompass | $2,232 |
| 17 | MetLife | $2,249 |
| 18 | Unitrin | $2,310 |
| 19 | 21st Century | $2,469 |
| 20 | Titan | $2,672 |
| Quote Your Rates Go | ||
Travelers may offer some of the cheapest car insurance rates in Houston at around $1,021 annually. This is $883 less than the average price paid by Texas drivers of $1,904. USAA, Germania Mutual, Texas Farm Bureau, and Esurance also qualify as some of the cheaper Houston, TX car insurance companies.
As depicted above, if you currently have a policy with Texas Farm Bureau and switched to USAA, you could see an annual savings of upwards of $152. Insureds with Esurance might save as much as $270 a year, and California Casualty policyholders might reduce prices by as much as $343 a year.
Be aware that those policy rates are averaged for all ages of drivers and types of vehicles and do not take into consideration a specific vehicle garaging location with multiple speeding tickets. So the auto insurance company that is best suited for you may not even be in the list above. That’s why you need to compare rates from multiple companies using your own driver information and specific vehicle type.
One of the many things that are looked at to determine the annual cost of car insurance is where you live in Houston. Regions with more people or even just more weather-related claims likely pay more, whereas areas with less congestion get the luxury of paying less.
The table below lists the highest-priced places in Texas with multiple speeding tickets to buy car insurance in. Houston is listed at #6 with an annual rate of $1,835 for the average insurance policy, which is approximately $153 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | McAllen | $1,956 |
| 2 | Brownsville | $1,927 |
| 3 | Laredo | $1,907 |
| 4 | Dallas | $1,893 |
| 5 | Amarillo | $1,858 |
| 6 | Houston | $1,835 |
| 7 | Mesquite | $1,825 |
| 8 | Garland | $1,778 |
| 9 | Beaumont | $1,772 |
| 10 | Grand Prairie | $1,757 |
| 11 | Pasadena | $1,740 |
| 12 | Lubbock | $1,733 |
| 13 | Irving | $1,719 |
| 14 | San Antonio | $1,671 |
| 15 | Austin | $1,659 |
| 16 | Fort Worth | $1,653 |
| 17 | Carrollton | $1,647 |
| 18 | Arlington | $1,642 |
| 19 | McKinney | $1,609 |
| 20 | Corpus Christi | $1,588 |
| Start a Quote Go | ||
Rate quotes are approximated as vehicle location can lower or raise auto insurance rates significantly.
Insurance rate increases from tickets or accidents
The ideal way to obtain low auto insurance premiums after a few driving violations is to drive safely and maintain a clean driving record. The diagram below illustrates how traffic citations and accident claims drive up insurance rates for each different age group. The premiums are based on a single female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.
In the example above, the average cost of a car insurance policy per year with no violations or accidents is $1,899. Add in two speeding tickets and the average cost surges to $2,549, an increase of $650 each year. Then add one accident along with the two speeding tickets and the 12-month cost of auto insurance with multiple speeding tickets goes up to an average of $3,196. That’s an increase of $1,297, or $108 per month, just for being a little careless behind the wheel!
The diagram below illustrates how your deductible choice can increase or decrease annual premium costs when getting quotes for cheap insurance with multiple speeding tickets. Data assumes a single male driver, comp and collision included, and no discounts are applied.
The data above shows that a 40-year-old driver could cut expenses by $374 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $564 by changing to a $1,000 deductible. Young drivers, like the Age 20 chart data, have the ability to save as much as $1,236 or even more by using higher deductibles when buying full coverage.
When insureds make the decision to increase the deductibles on their policy, it will be important to have enough funds in savings to pay the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
Chances are good that you’re overpaying for Houston car insurance
Houston, TX auto insurance rates are based on many factors which can substantially change the policy price. Simply having another birthday, buying another vehicle, or getting a couple of tickets can cause premium changes that can make some companies cheaper than others.
Also, insurance companies file new rates as often as every three months in order to offset underwriting gains or losses. An extended period of higher than normal claims can result in additional price hikes, while less frequent claims may cause cheaper Houston car insurance rates.
To illustrate this point, the chart below shows a variety of companies that have the cheapest car insurance in Houston, TX for a 40-year-old female driver with a clean driving record, no accidents, and great credit. If we compare prices based on her current situation, Travelers might quote the best car insurance rates in Houston at $1,224 a year. This is $680 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the list of the best Houston, TX auto insurance companies.
In the next rate comparison, we’ll give the driver from the above example an accident claim, slightly worse credit, and a few blemishes on her driving record. Because each company uses their own method for setting rates, comparing prices may now show a significantly different list of affordable Houston car insurance companies as shown below.
State Farm now has the best car insurance rate in Houston with Mercury, Nationwide, Safe Auto, and USAA also having competitive pricing. This example demonstrates why consumers need to take the time to spend some time comparing rates to find affordable insurance quotes with multiple speeding tickets.
Auto insurance prices are determined by many risk factors and change substantially, so the cheapest company two years ago may now be quite expensive.
Tips to find economical insurance with multiple speeding tickets
It’s not impossible to find cheaper rates, and here are some of the recommended penny-pinching suggestions that can help you locate low-cost auto insurance.
- Higher credit scores can equal lower rates
- Save money by bundling your home and auto policies
- Accident-free drivers may qualify for discounts
- Vehicles with good safety ratings are usually cheaper to insure
- Assess whether full coverage is needed
- Compare price quotes at least once a year
The last idea is extremely critical, as we pointed out in the article above. Coverage prices can be changed at any time, so don’t be afraid to buy from a new company if you can save money.
Staying with the same company for years is fine, but it isn’t a good idea if it’s costing you hundreds every year. In just a couple of minutes you could compare rates and find cheaper insurance with multiple speeding tickets in Houston.
If you aren’t sure which coverage to buy and prefer to get some professional advice when trying to find the best insurance rates with multiple speeding tickets, the insurance agencies below are a good start to provide answers to your questions and help you determine which coverages and limits you need.
To find a Houston insurance agency in your neighborhood, click the link after the list or click here to compare prices now.
Lucrecia Jasminoy – State Farm Insurance Agent
223 Cavalcade St – Houston, TX 77009 – (713) 884-1442
Hallmark Insurance Agency Inc
12337 Jones Rd – Houston, TX 77070 – (281) 894-8200
Texas General Insurance Agency
2500 West Loop S #210 – Houston, TX 77027 – (713) 622-5977