Finding out which company offers the most affordable car insurance rates in Arlington will involve more time than just comparing a company or two. Each auto insurance company has a unique approach for determining prices, so let’s take a look at the car insurance companies with the most affordable rates in Texas.
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,199|
|View More Rates Go|
Travelers normally has some of the cheapest car insurance rates in Arlington at around $1,010 annually. This is $894 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also are some of the cheaper Arlington, TX insurance companies.
As depicted above, if you currently have a policy with Germania Mutual and switched to USAA, you might realize annual savings of roughly $154. Customers with Esurance may save as much as $237 a year, and California Casualty insureds might reduce rates by $268 a year.
These estimates are averages across all insureds and vehicles and and are not calculated with a specific zip code in Arlington. So the auto insurance company that fits your needs best may not even be in the top 23 companies in the list above. That illustrates why you need to compare rates from multiple companies using your own personal information and vehicle type.
One of the more important factors that are used to help calculate the price you pay for insurance is your zip code in Arlington. Areas with more people or higher crime rates tend to pay slightly more, whereas areas that tend to be more rural have the luxury of lower rates.
The table below ranks the most expensive cities in Texas to purchase auto insurance in. Arlington comes in at #17 with an annual cost of $1,642 on average, which is about $137 each month.
|Compare Prices Now Go|
Premium amounts are comparative as specific location information can alter coverage rates noticeably.
The vehicle you are insuring is a large factor when trying to find the best insurance in Arlington. Vehicles with lots of speed or power, a lack of modern safety features, or a track record of large liability claims will cost more to insure than more economical and safe models. The data below illustrates insurance prices for a selection of the more affordable vehicles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLS 2WD||$838|
|Honda CR-V EX 2WD||$914|
|Volkswagen Jetta LE 4-Dr Sedan||$990|
|Toyota RAV4 Limited 2WD||$999|
|Nissan Altima 2.5 4-Dr Sedan||$990|
|Hyundai Elantra SE Touring Station Wagon||$992|
|Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$1,021|
|Chevrolet Silverado LS Regular Cab 4WD||$1,023|
|Ford F-150 FX2 Super Cab 2WD||$1,033|
|Ford Edge SE 2WD||$1,023|
|Chevrolet Silverado 2500HD LTZ Crew Cab 4WD||$1,061|
|GMC Sierra SLT Extended Cab 4WD||$1,069|
|Chevrolet Malibu Hybrid||$1,079|
|Toyota Tacoma Double Cab 4WD||$1,103|
|Jeep Grand Cherokee Laredo 2WD||$1,108|
|Chevrolet Equinox LS 2WD||$1,115|
|Find Cheaper Rates Go|
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Information does not factor in specific location information which can change auto insurance rates substantially.
Based upon the table data, we can expect cars like the Ford Escape, Honda CR-V, and Volkswagen Jetta are likely to be some of the most affordable vehicles to insure for drivers in Arlington.
Full coverage versus liability only rates
Reducing premiums for insurance should be important to most people, and one of the easiest ways to find cheap insurance in Arlington is to buy only liability coverage. The example below shows the difference between auto insurance costs with full physical damage coverage and with liability coverage only. The premiums are based on no violations or accidents, $100 deductibles, marital status is single, and no additional discounts are factored in.
If all age groups are averaged, physical damage coverage costs an extra $2,181 per year more than just buying liability only. That is a large expense which might make you wonder if physical damage coverage is worth the money. There is no written rule to eliminate full coverage on your policy, but there is a general convention. If the annual cost of having full coverage is more than about 10% of the settlement you would receive from your company, then it might be time to buy liability only.
There are a few situations where dropping physical damage coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.
Low rates today, overpriced tomorrow
Arlington, TX insurance rates are based on many factors which can substantially decrease or increase the cost of having a policy. Improving your credit rating, increasing liability limits, or having an accident may prompt premium changes that can now make some companies affordable when they were higher priced.
In addition to those changes, insurance companies change their prices as often as every quarter to adjust for gains or losses. Unexpectedly high claims can cause higher prices, while lower claims may produce lower-cost Arlington car insurance rates.
For instance, the chart below demonstrates which company has the cheapest car insurance in Arlington, TX for a 45-year-old female driver with no violations or accidents, and solid credit. If we look at prices based on her current rating profile, Travelers offers the lowest car insurance rates in Arlington at $1,128 each year. This is $776 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are the rest of the cheapest Arlington, TX auto insurance companies.
In the next rate comparison, we’ll give the driver from the first example some claims, a lower credit rating, and an imperfect driving record. Because every insurance company uses a different method for establishing rates, comparing prices will most likely result in a new list of cheap Arlington auto insurance companies as shown below.
Mercury now has the lowest car insurance rate in Arlington with USAA, State Farm, Nationwide, and Safe Auto now rounding out the top five. This shows why Arlington drivers need to compare many different companies when trying to find the most economical car insurance quotes in Arlington. Auto insurance prices are made up of many risk factors and can change without notice, so the most economical option the last time you shopped your coverage around may now be quite expensive.
The agents listed below can answer your questions and help you decide which coverages and limits you need, as some drivers have questions and prefer to have some advice when trying to find the best insurance rates for drivers in Arlington. It can be time-consuming to find the best coverage on your own, so insurance agents licensed in the state of Texas can bring peace of mind knowing your policy gives you adequate protection in the event of a claim. To find an Arlington insurance agent close to you, click the button below the list.
- Mike Brewer – State Farm Insurance Agent
4801 Little Rd #119 – Arlington, TX 76017 – (817) 375-1000
- Boswell and Visosky Insurance
1201 Road To Six Flags # 101 – Arlington, TX 76011 – (817) 261-9594
- Mark Leal – State Farm Insurance Agent
1420 N Cooper St #106 – Arlington, TX 76011 – (682) 323-5033
- Business Insurance Tech
1807 W Park Row Dr B – Arlington, TX 76013 – (817) 261-5571
- All Texas Insurance Inc
5721 Interstate 20 W # 110, Arlington, TX 76018 – Arlington, TX 76017 – (214) 330-0033
How to find economical auto insurance in Arlington
It’s not impossible to find cheaper rates, and here are a few penny-pinching suggestions that can help drivers find more affordable coverage.
- Accidents can significantly increase rates
- Just one traffic violation will increase your rates
- Remove physical damage coverage on older vehicles
- Having too many claims will increase rates substantially
- Raise physical damage deductibles
- Shop around and save
The last idea is certainly crucial, as was emphasized in this piece. Prices charged by auto insurers change frequently, so drivers shouldn’t be reluctant to buy a different policy if a cheaper rate is available. Having a favorite company is great, but is isn’t recommended if that stubbornness costs you hundreds of dollars a year. If you have a few minutes, now is a great time to compare rates and find cheaper insurance in Arlington in Arlington.