Wouldn’t it be perfect if we could look into our crystal ball and tell you the one perfect auto insurance company that has the lowest car insurance rates for good drivers? It’s just not that easy, however, as there are a lot of unknown aspects like the annual mileage you drive, whether you are married or single, and the area you live in, that all help calculate your car insurance rates. This article covers the different scenarios that increase car insurance cost and will hopefully give you a good start in finding the cheapest car insurance in Arlington.
For safe drivers, one of the largest criteria that are looked at to help calculate the cost of insurance is where you keep your car in Arlington. Cities with larger populations will most likely pay more, whereas areas with less people or fewer weather incidents have the benefit of cheaper car insurance.
The following table lists the highest-priced areas in Texas for good drivers to purchase a policy in. Arlington makes the list at #16 with the yearly price of $1,642 for the average insurance policy, which is about $137 monthly.
|Rank||City||Premium Per Year|
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Rate information is comparative as specific location information can impact insurance rates greatly.
The type of vehicle requiring insurance is one of the largest considerations when quoting cheap insurance for good drivers. Vehicles with lots of horsepower, poor safety ratings, or a track record of large liability claims will cost much more to insure than more modest models.
The next table features auto insurance rates for a selection of the cheapest automobiles to insure.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$921|
|Ford Escape XLS 2WD||$990|
|Toyota RAV4 Limited 2WD||$1,069|
|Hyundai Elantra SE Touring Station Wagon||$1,103|
|Ford Edge Sport 2WD||$1,127|
|Ford F-150 STX Super Cab 4WD||$1,133|
|Dodge Grand Caravan SE||$1,146|
|Ford Explorer Eddie Bauer 2WD||$1,154|
|GMC Sierra 2500HD SLE Extended Cab 4WD||$1,148|
|Ford Fusion Sport 4-Dr Sedan||$1,156|
|GMC Sierra SL Crew Cab 2WD||$1,148|
|Volkswagen Jetta LE 4-Dr Sedan||$1,174|
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Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Premium costs do not factor in specific zip code location which can revise insurance rates significantly.
By looking at the data, you can conclude that vehicles like the Honda CR-V, Ford Escape, Toyota RAV4, Toyota Prius, and Hyundai Elantra are going to be a few of the most affordable vehicles to insure for safe drivers.
Locating low-priced auto insurance is not most people’s favorite thing to do, and figuring out which companies quote the most affordable auto insurance rates for good drivers will require even more shopping around. Each insurer uses a little different formula for establishing rates, so let’s begin by taking a look at the most affordable auto insurance companies in Arlington.
It’s important to understand that Texas auto insurance rates are impacted by many factors which can significantly increase or decrease the cost of a policy. That is why it is critical to do a thorough rate comparison to get the most budget-friendly car insurance quotes for good drivers. Car insurance prices are influenced by many risk factors and change substantially, so the most economical option the last time you shopped your coverage around may now be an over-priced policy.
Find the Cheapest Auto Insurance for Good Drivers
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,211|
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Travelers normally has some of the lowest car insurance rates in Arlington at around $1,041 a year. This is $863 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also make the list of some of the lowest-priced Arlington, TX insurance companies.
In the above example, if you have coverage with Esurance and switched to USAA, you might see a yearly price reduction of in the neighborhood of $262. Customers with California Casualty may save as much as $279 a year, and State Farm policyholders might reduce rates by $333 a year.
If you would like to find cheaper car insurance rates, click here to get a free quote or feel free to get quotes from the companies below.
These prices are averages for all insureds and vehicles and do not take into consideration a specific zip code for good drivers. So the company that can offer you the best rate may not even be in the top 23 companies shown above. That affirms the importance of why you need to get car insurance quotes using your own driver data and vehicle information.
The chart below shows how different deductible levels can raise or lower annual premium costs when getting quotes for cheap insurance for good drivers. The data assumes a single male driver, full coverage, and no other discounts are factored in.
A 50-year-old driver could reduce rates by $426 a year by increasing from a $100 deductible to a $500 deductible, or save $638 by choosing a $1,000 deductible. Youthful drivers, like the Age 20 chart data, could reduce their rates as much as $1,414 each year just by choosing higher deductibles when buying full coverage. If you do make the decision to raise your deductibles, it will be required to have enough in a savings account to enable you to pay the extra out-of-pocket expense that comes with higher deductibles.
Get discounts on Arlington car insurance rates
Insurance providers that offer cheap quotes for good drivers may have premium discounts that could reduce prices by as much as 35% or more if you are eligible. A list of auto insurance companies and some of the premium reductions they offer include:
- Mercury Insurance discounts include location of vehicle, good driver, multi-car, low natural disaster claims, and ease of repair.
- Farmers Insurance offers discounts including teen driver, good student, electronic funds transfer, alternative fuel, early shopping, and multi-car.
- Farm Bureau has savings for good student, 55 and retired, driver training, renewal discount, and youthful driver.
- State Farm offers premium reductions for student away at school, anti-theft, Drive Safe & Save, safe vehicle, and multiple policy.
- Allstate may have discounts that include passive restraint, safe driver, teenSMART discount, defensive driver, anti-lock brakes, anti-theft, and EZ pay plan discount.
- GEICO offers discounts for membership and employees, emergency military deployment, anti-theft, multi-policy, seat belt use, and anti-lock brakes.
The diagram below illustrates the comparison of annual premium costs with and without discounts applied to the rates. The rates are based on a male driver, no claims or driving citations, 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 multiple vehicle, accident-free, vehicle safety, marriage, claim-free, and homeowner discounts applied. When these discounts are applied, theaverage amount saved on auto insurance for good drivers is 28% or $745.
Accidents and violations increase rates
The obvious way to earn low auto insurance rates for safe drivers is to drive carefully and avoid tickets and accidents. The illustration below shows how violations and at-fault collisions can influence car insurance costs for different age categories. The rate quotes are based on a single male driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.
The data above shows the average cost of car insurance per year with no violations or accidents is $1,963. Add in one speeding ticket and the average cost rises to $2,213, an increase of $249 each year. Now include one accident along with the one speeding ticket and the annual cost of auto insurance for good drivers goes up to an average of $2,910. That’s an increase of $947, or $79 per month, just for not driving responsibly!
Low rates can quickly become overpriced
Arlington auto insurance rates are impacted by many things that will increase or decrease the cost of coverage. Turning one year older, adding a teenager to your policy, or getting a speeding ticket may cause policy rate changes that may make certain companies affordable when they were higher priced. Additionally, car insurance companies change rates as needed to adjust for unexpected claims or profits. Higher than normal claims may cause high rates, while a better claims history may cause more affordable Arlington car insurance rates.
For instance, the bar chart below shows a variety of companies that have the cheapest car insurance in Arlington, TX for a 35-year-old female driver with no violations or accidents, and a decent credit rating. If we estimate prices based on her current rating profile, Travelers may offer the lowest car insurance rates in Arlington at $1,115 each year. This is $789 less than the average policy premium paid by Texas drivers of $1,904. USAA, Germania Mutual, Texas Farm Bureau, and California Casualty are also included in the cheapest Arlington, TX auto insurance companies.
In this next rate comparison, we will give the driver in the first example a chargeable claim, a lower credit rating, and a few traffic violations. Since each auto insurance company has a unique formula for determining rates, getting updated rate quotes may now show a different ranking of the cheapest car insurance companies in Arlington as shown below.
State Farm now has the best price in Arlington, TX with Mercury, USAA, Nationwide, and Safe Auto also having competitive pricing. This shows why it is crucial to compare as many rates as possible when trying to find the most budget-friendly car insurance rates for good drivers. Insurance prices can be determined by many things and can decrease or increase without notice, so the best company the last time you shopped around may now cost much more than other companies.
If you aren’t sure which coverage you need and prefer to get some guidance when trying to find the best insurance rates for safe drivers, the insurance agencies below can most likely answer your questions and help you decide which is the best policy. To find an agent close to where you live, click the link at the bottom.
Farmers Insurance – Lisa Adkinson
4381 W Green Oaks Blvd Suite 101 – Arlington, TX 76016 – (817) 769-4088
All Texas Insurance Inc
5721 Interstate 20 W # 110, Arlington, TX 76018 – Arlington, TX 76017 – (214) 330-0033
Jesus Sanchez – State Farm Insurance Agent
3330 Matlock Rd #124 – Arlington, TX 76015 – (817) 468-3338
820 E Park Row Dr – Arlington, TX 76010 – (817) 461-2907