One of the many criteria that are looked at to help calculate the annual cost of car insurance is your zip code in Arlington. Areas with a lot of weather claims or more people likely pay more, whereas areas with lower vehicle theft rates and fewer weather claims profit from lower rates.
The illustration below shows the priciest cities in Texas for hybrid vehicles to buy auto insurance in. Arlington comes in at #16 with the annual price of $1,658 for the average insured, which is approximately $138 per month.
|Rank||City||Premium Per Year|
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Rates are comparative as specific location information can increase or decrease premiums substantially.
The type of vehicle on the policy is probably the biggest factor when comparison shopping for the lowest-priced insurance for hybrid vehicles. Vehicles with lots of horsepower, poor crash test ratings, or an increased likelihood of liability claims will cost significantly more to insure than safer, lower-performance models.
The information below presents coverage costs for a number of the most affordable vehicles to insure.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Ford Escape Limited 4WD||$1,004|
|Honda CR-V EX 2WD||$1,012|
|Honda Accord EX-L 4-Dr Sedan||$1,103|
|Dodge Grand Caravan SXT||$1,116|
|Honda Civic LX-S 4-Dr Sedan||$1,134|
|Ford Edge SE 2WD||$1,149|
|Chevrolet Impala LTZ||$1,153|
|Ford Fusion Sport 4-Dr Sedan||$1,175|
|Jeep Wrangler Unlimited Sahara 4WD 4-Dr||$1,188|
|Chevrolet Silverado LS Regular Cab 2WD||$1,194|
|Toyota RAV4 Limited 2WD||$1,201|
|Volkswagen Jetta S 4-Dr Sedan||$1,206|
|Ford Explorer Limited 4WD||$1,225|
|Ford Focus SES 2-Dr Coupe||$1,231|
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Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Estimates do not factor in specific zip code location which can revise rates substantially.
Based upon the table data, makes and models like the Ford Escape, Honda CR-V, Honda Accord, Dodge Grand Caravan, and Honda Civic should be the cheapest vehicles to insure for hybrids.
Comparing rates for cost effective car insurance is confusing at best, and figuring out which companies have the cheapest car insurance rates for hybrid vehicles requires a bit more work.
Every insurance provider uses a slightly different approach for determining rates, so first we will examine the car insurance companies with the overall cheapest rates in Texas. It’s a good idea to be aware that Arlington, TX car insurance rates are influenced by many factors which can significantly increase or decrease the cost of a policy. Price variation is why it is important to shop around when trying to find the cheapest car insurance rates for hybrid vehicles. Car insurance prices are determined by many things and can change without notice, so the cheapest company the last time you shopped around may now be an over-priced policy.
Compare Cheap Insurance Quotes for Hybrids
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,247|
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Travelers may offer some of the cheapest car insurance rates in Arlington at around $1,010 each year. This is $894 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the cheapest Arlington, TX insurance companies.
As shown above, if you have coverage with Esurance and switched to USAA, you might see an annual savings of upwards of $237. Texas drivers with California Casualty could save as much as $268 a year, and State Farm customers might cut rates by $322 a year.
Bear in mind that those premium estimates are averages across all insureds and vehicles and are not factoring in an exact zip code location for hybrid vehicles. So the insurer that has the cheapest price for you may not even be in the top 23 companies shown above. That emphasizes why you need to quote rates from many companies using your own specific driver information and vehicle.
Discount Arlington car insurance
Insurers that sell policies for hybrid vehicles may additionally offer policy discounts that could reduce prices by 35% or more if you are eligible to receive them. A list of companies and some of the premium reductions they offer are shown below.
- American Family offers premium reductions for good student, good driver, early bird, bundled insurance, and mySafetyValet.
- Farm Bureau has savings for good student, multi-policy, multi-vehicle, 55 and retired, youthful driver, and safe driver.
- State Farm may have discounts that include passive restraint, multiple autos, defensive driving training, Steer Clear safe driver discount, multiple policy, and accident-free.
- Travelers may include discounts for save driver, good student, multi-policy, home ownership, driver training, and multi-car.
- The Hartford policyholders can earn discounts including anti-theft, driver training, air bag, defensive driver, good student, and vehicle fuel type.
- GEICO discounts include membership and employees, anti-lock brakes, five-year accident-free, air bags, and multi-policy.
- Progressive may offer discounts for multi-vehicle, good student, online quote discount, online signing, continuous coverage, and homeowner.
The information below shows the comparison of insurance costs with and without discounts applied to the rates. The costs are based on a female driver, a clean driving record, no claims, Texas state minimum liability limits, comprehensive and collision coverage, 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 defensive driving course, accident-free, vehicle safety, multiple policy, passive restraint, and homeowner discounts applied. When discounts are factored in, the average amount saved each year on car insurance for hybrid vehicles is 28% or $459.
Should you buy full coverage?
Paying less for car insurance is the goal of the majority of vehicle owners, and one easy way to pay less for insurance for hybrid vehicles is to only buy liability insurance. The information below illustrates the comparison of insurance prices with and without physical damage coverage. The premiums assume a clean driving record, no claims, $1,000 deductibles, drivers are single, and no discounts are factored in.
As an overall average, physical damage coverage costs $1,598 per year over and above liability coverage. Many people question when is the right time to remove full coverage. There is no set guideline for phasing out comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
For example, let’s assume your vehicle’s book value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $3,000 after you pay the deductible. If you are currently paying more than $300 annually for full coverage, then you might want to consider buying only liability coverage.
There are a few cases where only buying liability is not recommended. If you still owe money on your vehicle, you have to maintain full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should keep full coverage.
Here’s why price comparisons are so important
Texas car insurance rates are based on many factors that can increase the price of coverage. Improving your credit score, buying a different home, or getting a ticket for careless driving can cause premium changes that may make certain companies cheaper than competitors.
Not only that, but insurance companies file new Texas car insurance rates every year or even multiple times each year to reflect underwriting profits or losses. An unexpected high level of claims may result in rate increases, while a better loss history may produce more affordable Arlington car insurance rates.
As an example, the bar chart below compares the cheapest car insurance in Arlington, TX for a 45-year-old male driver with a clear driving record, no claims, and great credit. When comparing rates based on his current rating profile, Travelers might quote the best car insurance rates in Arlington at $1,106 each year. This is $798 less than the average price paid by Texas drivers of $1,904. USAA, Germania Mutual, Texas Farm Bureau, and Esurance also make the list of the top five cheapest Arlington, TX auto insurance companies.
Now let’s give the driver from the first rate comparison a claim or two, bad credit, and a few blemishes on his driving record. Due to the fact that every auto insurer has a different formula to determining premium rates, comparing insurance quotes could result in a different list of the cheapest car insurance companies in Arlington as shown below.
Mercury now has the best auto insurance rate in Arlington, TX with State Farm, Safe Auto, Nationwide, and USAA completing the list. This example shows why it is important to compare many different companies when trying to get the lowest insurance quotes for hybrid vehicles.
Rates are made up of many risk factors and can change without notice, so the cheapest company the last time you compared rates may now be priced much higher than other options.
How to find cheaper car insurance for hybrid vehicles
The list below shows some of the recommended penny-pinching ideas that can help you quote low-cost coverage.
- Being accident-free can lower rates significantly
- Increase your policy deductibles
- Full coverage is expensive so only insure older vehicles for liability only
- Drive a car with a high safety rating
- Better credit scores save money
- Do not get tickets
- Compare rates regularly and switch companies to save money
The final tip is extremely critical, as we pointed out in this article. Prices charged by car insurance companies in Arlington can be adjusted at any time, so don’t be afraid to switch carriers if a better deal can be had.
Staying with the same company for years is fine, but is isn’t recommended if that loyalty results in overpaying money that could be going to better use. Now is a great time to compare prices and find cheaper car insurance for hybrid vehicles.
The insurance agencies listed below can most likely provide answers to your questions and help you determine which insurance coverage will be best for you, since some drivers wish to have some professional guidance when shopping around for cheaper insurance for hybrids. It can be difficult to find the best coverage yourself, and getting professional guidance from a licensed agent can bring comfort knowing your coverage gives you enough coverage when you need it. To locate an Arlington car insurance agency by location nearest to you, click the button after the list or click here to compare rates now.
Samantha Nguyen-Le – State Farm Insurance Agent
3415 S Collins St #107 – Arlington, TX 76014 – (817) 466-3000
Allstate Insurance: Paula Huemmer
7000 S Cooper St # F – Arlington, TX 76001 – (817) 467-3880
Ryan Salsbury – State Farm Insurance Agent
1120 E Bardin Rd Ste 170 – Arlington, TX 76018 – (817) 465-7926