It would sure be easy if we could just tell you the single company that has the best deal on coverage in Texas. It’s just not that simple, as there are a whole bunch of unknown elements like if you have a tendency to get into accidents, if you have ever had a coverage lapse, how high your deductibles should be, and your financial stability, that all factor into the price you pay. Car insurance is kind of a dry topic, but this article will explain the different scenarios that increase car insurance cost and hopefully give you enough understanding to have a solid foundation to find cheaper car insurance.
One of the many criteria that help determine the price you pay for insurance is your address. Areas with a lot of weather claims or more people tend to have higher auto insurance costs, whereas areas with lower vehicle theft rates and fewer weather claims have the gratification of cheaper auto insurance rates.
The illustration below ranks the highest-priced areas in Texas for 20 year old guys to buy car insurance in. Arlington shows up at #14 with the yearly price of $1,692 for coverage, which is about $141 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | McAllen | $1,956 |
| 2 | Dallas | $1,893 |
| 3 | Brownsville | $1,870 |
| 4 | Amarillo | $1,858 |
| 5 | Garland | $1,850 |
| 6 | Houston | $1,835 |
| 7 | Laredo | $1,833 |
| 8 | Grand Prairie | $1,811 |
| 9 | Irving | $1,789 |
| 10 | Mesquite | $1,771 |
| 11 | Beaumont | $1,754 |
| 12 | Pasadena | $1,740 |
| 13 | Lubbock | $1,733 |
| 14 | Arlington | $1,692 |
| 15 | San Antonio | $1,671 |
| 16 | Carrollton | $1,664 |
| 17 | Fort Worth | $1,621 |
| 18 | Austin | $1,610 |
| 19 | McKinney | $1,609 |
| 20 | Plano | $1,608 |
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Information shown are estimated as the specific Arlington residence address can influence insurance rates considerably.
Trying to find low-cost insurance is hard enough, and determining which company offers the lowest-priced car insurance rates for 20 year old guys may require even more diligence. Each insurer has their own guidelines to set policy rates, so we need to take a look at the most competitive car insurance companies in Arlington.
Lowest Insurance Price Quotes for Men Age 20
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,041 |
| 2 | USAA | $1,117 |
| 3 | Germania Mutual | $1,244 |
| 4 | Texas Farm Bureau | $1,247 |
| 5 | Esurance | $1,421 |
| 6 | California Casualty | $1,438 |
| 7 | State Farm | $1,510 |
| 8 | Mercury | $1,521 |
| 9 | Nationwide | $1,538 |
| 10 | Safe Auto | $1,597 |
| 11 | Allstate | $1,650 |
| 12 | Amica | $1,705 |
| 13 | Progressive | $1,715 |
| 14 | GEICO | $2,072 |
| 15 | Home State | $2,155 |
| 16 | MetLife | $2,227 |
| 17 | Encompass | $2,301 |
| 18 | Unitrin | $2,333 |
| 19 | 21st Century | $2,494 |
| 20 | Titan | $2,568 |
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Travelers may have some of the most affordable car insurance rates in Arlington at around $1,041 per year. USAA, Germania Mutual, Texas Farm Bureau, and Esurance also rank well as some of the best Arlington, TX car insurance companies.
In the rate table above, if you currently have coverage with Esurance and switched to USAA, you might see a yearly price reduction of upwards of $304. Drivers with California Casualty might save as much as $321 a year, and State Farm insureds might reduce prices by as much as $393 a year.
Understand that those premiums are averages for all drivers and vehicles in Texas and are not factoring in an exact vehicle garaging location for 20 year old guys. So the company that has the cheapest rates for you may not even be in the top 23 companies shown above. That helps illustrate why you need to get quotes using your own individual information.
The vehicle model that needs insurance is one of the biggest factors when comparing quotes for affordable coverage for 20 year old guys. Vehicles with lower performance, advanced safety features, or a track record of few liability claims will cost less to insure than adrenaline junky models. The table below estimates auto insurance premiums for the cheapest vehicles to buy coverage for.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX-P 4-Dr Sedan | $2,533 |
| Honda CR-V EX-L 2WD | $2,571 |
| Ford Escape Limited 4WD | $2,758 |
| Ford Edge SE 2WD | $2,782 |
| Ford F-150 STX Super Cab 2WD | $2,788 |
| Toyota Prius | $2,796 |
| GMC Sierra SL Extended Cab 2WD | $3,008 |
| Toyota RAV4 Limited 4WD | $3,018 |
| Volkswagen Jetta LE 4-Dr Sedan | $3,008 |
| Chevrolet Impala LT | $3,014 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $3,045 |
| Chevrolet Malibu LT | $3,051 |
| Dodge Grand Caravan SXT | $3,045 |
| Ford Explorer Limited AWD | $3,054 |
| Jeep Wrangler Unlimited Sport 4WD 4-Dr | $3,048 |
| Toyota Corolla LE | $3,197 |
| Toyota Camry SE | $3,206 |
| Hyundai Elantra SE 4-Dr Sedan | $3,197 |
| Honda Odyssey EX-L W/Navigation | $3,204 |
| Chevrolet Silverado LT Extended Cab 2WD | $3,224 |
| Chevrolet Equinox LTZ 2WD | $3,235 |
| Ford Fusion Sport 4-Dr Sedan | $3,245 |
| Jeep Grand Cherokee Limited 2WD | $3,235 |
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Price data assumes single male driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in specific zip code location which can change rates considerably.
By looking at the data, we can infer that makes and models like the Honda Accord, Honda CR-V, Ford Escape, and Ford Edge are most likely to be the most affordable vehicles to insure for young men. Car insurance rates will tend to be more expensive because of the fact that there is more liability exposure for 20 year old guys, but overall those makes and models will have the cheapest car insurance rates available.
The diagram below demonstrates how choosing different deductibles can change insurance rates when searching for cheap insurance for 20 year old guys. The premium estimates are based on a married female driver, comp and collision included, and no other discounts are factored in.
The data above shows that a 30-year-old driver could pocket $302 a year by switching from a $100 deductible up to a $500 deductible, or save $456 by switching to a $1,000 deductible. Younger drivers, like the 20-year-old category, can save $646 each year by selecting a higher deductible. If you do make the decision to raise your deductibles, it is necessary to have enough in a savings account to be able to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Discounts on Arlington car insurance
Insurance providers that offer quotes for 20 year old guys may also offer premium discounts that can lower rates by as much as 35% if you qualify. A list of companies and their offered discounts are:
- Farm Bureau policyholders can earn discounts including multi-policy, youthful driver, driver training, 55 and retired, renewal discount, and good student.
- MetLife discounts include defensive driver, good driver, claim-free, good student, accident-free, and multi-policy.
- Progressive may offer discounts for online signing, online quote discount, multi-policy, homeowner, good student, and continuous coverage.
- AAA offers discounts including AAA membership discount, education and occupation, pay-in-full, good driver, anti-theft, multi-policy, and good student.
- American Family includes discounts for defensive driver, good student, Steer into Savings, multi-vehicle, air bags, good driver, and bundled insurance.
- GEICO has savings for five-year accident-free, driver training, anti-lock brakes, air bags, good student, and anti-theft.
- State Farm has discounts for good driver, accident-free, student away at school, driver’s education, and multiple policy.
The example below illustrates the comparison of auto insurance costs with and without discounts applied to the policy rates. The premiums are based on a female driver, no violations or accidents, Texas state minimum liability limits, comp and collision included, and $1,000 deductibles.
The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with paid-in-full, anti-theft, continuous coverage, vehicle safety, good student, and paperless filing discounts applied. With discounts applied, theamount saved on car insurance for 20 year old guys is 21% or $351.
How careless driving impacts car insurance rates
The ideal way to get the best car insurance prices in Texas for young men is to be a cautious driver and avoid accidents and traffic citations. The information below highlights how speeding tickets and accident claims can raise insurance prices for different age categories. The prices are based on a married female driver, full physical damage coverage, $100 deductibles, and no other discounts are factored in.
The data above shows the average cost of auto insurance in Texas per year with no accidents and a clean driving record is $2,242. Get one speeding ticket and the average cost jumps to $2,612, an increase of $370 each year. Then include two accidents along with the one speeding ticket and the 12-month cost of car insurance for 20 year old guys jumps again to an average of $5,743. That’s an increase of $3,501, or $292 per month, just for not being more responsible behind the wheel!