The words “bargain” and “insurance” really don’t belong together, especially when searching for the lowest insurance prices for immigrants. Because it’s not cheap, let’s introduce you to some of the things that have an impact on auto insurance premiums, and find out if we can help you lower the price of the next policy you buy.
The vehicle to be insured is one of the largest factors when shopping for the most economical auto insurance for immigrants. Vehicles with average performance, an excellent safety record, or a positive history of liability claims will cost substantially less to insure than adrenaline junky models.
The table below illustrates car insurance rates for a selection of the more affordable automobiles to insure in Texas.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX 4WD||$967|
|Ford Edge SE 2WD||$1,037|
|Chevrolet Impala LS||$1,095|
|Honda Accord LX-P 4-Dr Sedan||$1,161|
|Ford Escape XLT 4WD||$1,190|
|GMC Sierra SLE Crew Cab 2WD||$1,194|
|Chevrolet Silverado 2500HD LT Crew Cab 4WD||$1,201|
|Toyota Corolla XRS||$1,194|
|Chevrolet Malibu LTZ||$1,204|
|Ford Explorer XLT AWD||$1,216|
|Dodge Grand Caravan SE||$1,223|
|GMC Sierra 3500HD SLE Extended Cab 2WD||$1,216|
|Honda Odyssey LX||$1,274|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$1,284|
|Kia Optima SX||$1,280|
|GMC Sierra 2500HD SLE Regular Cab 2WD||$1,285|
|Jeep Grand Cherokee Laredo 4WD||$1,285|
|Toyota RAV4 Limited 4WD||$1,295|
|Hyundai Elantra Blue 4-Dr Sedan||$1,327|
|Dodge Ram 2500 Mega Cab SLT 2WD||$1,340|
|Toyota Tacoma 2WD||$1,347|
|Dodge Ram Crew Cab Laramie 4WD||$1,362|
|Compare Cheap Rates Go|
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Rates do not factor in garaging location in Arlington, TX which can increase or decrease coverage rates greatly.
By looking at the data, we can assume that models like the Honda CR-V, Ford Edge, Chevrolet Impala, Honda Accord, and Ford Escape will be the more affordable vehicles to insure for foreigners.
One of the many things that determine the amount you pay each year for auto insurance is where you call home in Arlington. Areas with a lot of weather claims or more people will most likely pay more, whereas more rural areas profit from lower rates.
The information below shows the priciest cities in Texas for immigrants to buy an auto insurance policy in. Arlington makes the list at #13 with the yearly price of $1,709 for car insurance, which is about $142 each month.
|Rank||City||Premium Per Year|
|Start a Quote Go|
Rate information is approximated as the specific garaging location can modify coverage rates considerably.
Selecting a good quality insurance company is hard considering how many different companies insure vehicles in Arlington. The rank data shown below may help you pick which car insurance companies to look at purchasing from.
These rankings are only made up of the largest companies in the United States, so companies that only write business in Texas or surrounding areas are not taken into consideration for these rankings. If you’d like to compare prices from these and other top-rated companies, click this link.
Top 10 Major Car Insurance Companies in Arlington Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
Top 10 Major Car Insurance Companies in Arlington Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
The illustration below highlights how deductible selection can impact insurance prices when getting quotes for cheap insurance for immigrants. The data assumes a married male driver, comp and collision included, and no other discounts are factored in.
The data above shows that a 50-year-old driver could reduce rates by $372 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $560 by selecting a $1,000 deductible. Even younger drivers, like the Age 20 chart data, could possibly save $1,240 or even more just by using higher deductibles.
When choosing a higher deductible, it’s a good idea to have additional funds squirreled away to allow you to pay the extra out-of-pocket expense associated with higher deductibles.
Should you buy full coverage?
Finding cheaper insurance is the goal of the majority of drivers, and one of the best ways to reduce the cost of insurance for immigrants is to not buy full coverage. The example below illustrates the difference between car insurance costs when comparing full coverage to liability only. The costs are based on no violations or claims, $500 deductibles, drivers are not married, and no additional discounts are factored in.
If averaged out across all ages, full coverage on your policy costs $1,793 per year more than just buying liability insurance. A very common question is if full coverage is worth the money. There is no clear-cut formula for dropping comp and collision coverage, but there is a general guideline. If the yearly cost for physical damage coverage is more than 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.
There are some conditions where removing full coverage is not advised. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle in case of an accident, you should maintain full coverage.
A good deal can quickly turn bad
Texas insurance rates are impacted by many factors that can increase the price you pay. Simply getting older, buying another vehicle, or getting a ticket for running a stop sign may generate price changes that can cause some rates to be more affordable than others. Not only may your risk profile change, but insurance companies amend pricing as often as every quarter to adjust for heavy claims or excess profits. A period of increased losses can result in higher prices, while long-term profits can result in cheaper Arlington car insurance rates.
To illustrate this point, the graph below shows a variety of companies that have the cheapest car insurance in Arlington, TX for a 45-year-old male driver with no prior accidents, a clean driving record, and good financial standing. Based on his current situation, Travelers might quote the most affordable car insurance rates in Arlington at $1,115 each year. This is $789 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the rest of the most affordable Arlington, TX auto insurance companies.
The chart below compares rates after we give the driver in the first chart a claim, a lower credit score, and a speeding ticket. Because every insurance company has their own guidelines to determine rates, comparing prices may now present a completely different list of companies as shown below.
Mercury now has the best price in Arlington, TX with State Farm, USAA, Safe Auto, and Nationwide now rounding out the top five. This example shows why it is critical to shop around with many companies to get the most economical insurance rates for immigrants.
Insurance rates are determined by many different factors and can change without notice, so the best company three years ago may now be wasting a lot of money.