Determining which company quotes the cheapest car insurance rates for a company car may require a little more effort in order to find coverage that fits your budget. Every insurance company has their own guidelines for determining rates, so let’s take a look at the car insurance companies that tend to be cheaper in Texas.
Best Insurance Companies in Texas
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,199|
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Travelers offers some of the best car insurance rates in Arlington at around $1,010 a year. This is $894 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also qualify as some of the cheapest Arlington, TX auto insurance companies.
As illustrated above, if you currently have a policy with Esurance and switched to USAA, you could see an annual savings of upwards of $326. Drivers with California Casualty could save as much as $329 a year, and State Farm insureds might lower prices by up to $370 a year.
To get a quick, customized rate comparison, click here to start a quote or quote prices from the following companies.
Be aware that those policy prices are averages for all drivers and vehicles and and are not calculated with a specific zip code for a company car. So the company that has the lowest price for you may not even be in the list above. That point stresses why you need to quote rates from many companies using your own individual information.
For your employer’s vehicle, one of the more important considerations that help determine insurance cost is your zip code in Arlington. Areas with more people or higher crime rates are more likely to have higher rates, whereas less populated areas tend to receive slightly lower rates.
The information below ranks the most expensive cities in Texas for a company car to buy auto insurance in. Arlington shows up at #13 with an annual premium of $1,692 for the average insurance policy, which is around $141 each month.
|Rank||City||Average Per Year|
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Information shown are estimated as vehicle location can influence prices substantially.
The type of vehicle you are seeking coverage for is one of the main factors that determines the availability of cheaper auto insurance for a company car. Vehicles with more horsepower, a lack of safety features, or high incidents of liability claims will cost substantially more to insure than more economical and safe models. The table below presents auto insurance costs for a number of the most cost-effective automobiles to insure in Texas.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$930|
|Hyundai Elantra GLS Touring Station Wagon||$952|
|Honda Accord LX 4-Dr Sedan||$960|
|Jeep Wrangler Rubicon 4WD 2-Dr||$957|
|Ford F-150 XL Regular Cab 4WD||$964|
|Honda CR-V EX-L 2WD||$979|
|Ford Edge SE AWD||$988|
|Toyota Tacoma Double Cab 4WD||$1,008|
|Toyota Camry LE||$1,018|
|Chevrolet Malibu LT||$1,029|
|Chevrolet Impala LTZ||$1,063|
|Dodge Grand Caravan SE||$1,067|
|Ford Explorer Eddie Bauer 2WD||$1,075|
|Kia Optima LX||$1,081|
|Nissan Rogue S 2WD||$1,087|
|Jeep Grand Cherokee Limited 2WD||$1,083|
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Table data represents married male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Premium amounts do not factor in specific location which can affect prices significantly.
By looking at the data, vehicles like the Ford Escape, Toyota Prius, Hyundai Elantra, and Honda Accord should be a few of the most affordable vehicles to insure for your employer’s vehicle.
Impact of citations and accidents on Arlington insurance rates
The obvious way to snag the cheapest car insurance prices in Arlington for your employer’s vehicle is to pay attention while driving and avoid accidents and traffic citations. The chart below highlights how speeding tickets and at-fault claims raise auto insurance costs for each different age group. The information is based on a single male driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.
The chart shows that the average cost of a car insurance policy in Texas per year with a clean driving record and no accidents is $2,000. Factor in one speeding ticket and the average cost jumps to $2,252, an increase of $252 each year. Now throw in one accident along with the one speeding ticket and the yearly cost of car insurance for a company car jumps again to an average of $2,959. That’s an increase of $960, or $80 per month, just for not driving attentively!
Selecting a good quality insurance provider can be challenging considering how many choices you have in Arlington. The company ratings displayed below may help you choose which coverage providers to look at shopping your coverage with. These ratings only include companies who write in the majority of U.S. states, so companies that have a smaller presence are not taken into consideration for the list.
Top 10 Large 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 Large Car Insurance Companies Overall in Arlington
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
The information below shows how different deductible levels can influence annual premium costs when trying to find cheap insurance for a company car. The costs are based on a single male driver, full physical damage coverage, and no policy discounts are applied.
A 40-year-old driver could lower rates by $440 a year by increasing from a $100 deductible to a $500 deductible, or save $660 by switching to a $1,000 deductible. Young drivers, like the Age 20 category, have the ability to save as much as $1,446 annually by choosing a larger deductible amount. When increasing deductibles, it is important to have enough spare savings to cover the extra out-of-pocket expense, which deters some people from using high deductibles.