Auto Insurance Quotes Texas: 4 Ways to Save Money
Insurance Requirements and Your Auto Insurance Quotes Texas
1. A Clean Driving Record
Having a driving record clean of incidents such as tickets and/or accidents will be of great help in saving on car insurance rates in the Lone Star State. An individual with a clean driving history is regarded as less of a risk and, as a result, are rewarded with lower premiums.
This discount, if you qualify, could save you up to 25% on your premiums… so resist the temptation to put pedal to the metal and/or run those red lights when you think no one’s looking.
Your insurer may also offer a discount for non-perfect drivers who take a driver re-education class. It’s worth asking the question.
2. Compare Quotations
Do not to rely solely on recommendations and referrals from friends or family. They may be getting a good deal from a certain company, but the same will never apply to everyone.
Rates are based on multiple factors pertaining to the drivers and vehicles to be insured. Different insurers assign different weights to these factors when determining the premiums that apply to a driver and his/her particular circumstances. Comparing rates from multiple providers is the only effective way to identify the best quote for you.
Comparison shopping websites allow you to obtain several free quotes with a few clicks of your mouse. By completing a short questionnaire, you will be provided with several quotations from qualified insurers. Now you have multiple quotes to compare and make your choice. I recommend Quote Wizard or 2Insure4Less.
Once you have a handful of quotes from different insurers, identify 1-2 that seem to provide the essentials of what you need. Get the agent on the phone and ask questions aimed at fine tuning your coverage and seeing that all applicable discounts are included.
3. $1,000 Deductible
If you are in need of comprehensive and collision coverage (commonly known as “full coverage”) consider a deductible of $1,000 or even more. Usually, a higher deductible means lower premiums.
The most common deductible amount is $500 these days.
Appreciate that your deductible is the amount that will come from your pocket before your coverage kicks in. Determine the amount you are willing to pay for damage to or loss of your vehicle. Set your deductible at that level.
4. Ask Questions
Many insurance companies offer discounts which may not be included in your quote. Be sure to ask for discounts for which you may qualify like having anti-theft devices and safety features such as anti-lock brakes and air bags. Insurers also provide discounts for good students (if you have a student driver in the family) and low mileage.
Belong to any civic organizations, auto clubs or professional associations? Many insurers give discounts to members of these groups.
Auto Insurance Quotes Texas – State Minimums
Now let’s look at what car insurance is required by law in Texas.
Texas law requires that motorists maintain at least the following liability coverage:
- $25,000 for bodily injury or death per person.
- $50,000 for bodily injury or death per accident.
- $25,000 for property damage per accident.
This coverage is commonly known to as “25/50/25″.
Auto Insurance Quotes Texas – Recommended Liability Coverage
Vehicles valued at $50,000 and up are common on the road these days…especially in Houston and Dallas. The reimbursement cost of a broken limb can go upwards of $25,000 when hospitalization, surgery and rehab are considered. And don’t forget the multiplier effect of legal action.
It’s becomes obvious that a serious accident involving several vehicles could easily exceed the TX minimums.
I recommend no less than 100/300/100. The upgrade won’t increase your premiums substantially and could save you from financial disaster.
Auto Insurance Quotes Texas – Other Coverage to Consider
Keep in mind that liability coverage does not cover your medical expenses or damages to your vehicle.
You should also consider collision, comprehensive, uninsured motorist, GAP insurance (if your car is financed or leased) and personal injury protection.
Having a driving record clean of incidents such as tickets and/or accidents will be of great help in saving on car insurance rates in the Lone Star State. An individual with a clean driving history is regarded as less of a risk and, as a result, are rewarded with lower premiums.
This discount, if you qualify, could save you up to 25% on your premiums…so resist the temptation to put pedal to the metal.
Your insurer may also offer a discount for non-perfect drivers who take a driver re-education class. It’s worth asking the question.
2. Compare Quotations
Do not to rely solely on recommendations and referrals from friends or family. They may be getting a good deal from a certain company, but the same will never apply to everyone.
Rates are based on multiple factors pertaining to the drivers and vehicles to be insured. Different insurers assign different weights to these factors when determining the premiums that apply to a driver and his/her particular circumstances. Comparing rates from multiple providers is the only effective way to identify the best quote for you.
Comparison shopping websites allow you to obtain several free quotes with a few clicks of your mouse. By completing a short questionnaire, you will be provided with several quotations from qualified insurers. Now you have multiple quotes to compare and make your choice. I recommend Quote Wizard or 2Insure4Less.
Once you have a handful of quotes from different insurers, identify 1-2 that seem to provide the essentials of what you need. Get the agent on the phone and ask questions aimed at fine tuning your coverage and seeing that all applicable discounts are included.
3. $1,000 Deductible
If you are in need of comprehensive and collision coverage (commonly known as “full coverage”) consider a deductible of $1,000 or even more. Usually, a higher deductible means lower premiums.
The most common deductible amount is $500 these days.
Appreciate that your deductible is the amount that will come from your pocket before your coverage kicks in. Determine the amount you are willing to pay for damage to or loss of your vehicle. Set your deductible at that level.
4. Ask Questions
Many insurance companies offer discounts which may not be included in your quote. Be sure to ask for discounts for which you may qualify like having anti-theft devices and safety features such as anti-lock brakes and air bags. Insurers also provide discounts for good students (if you have a student driver in the family) and low mileage.
Belong to any civic organizations, auto clubs or professional associations? Many insurers give discounts to members of these groups.
Now let’s look at what car insurance is required by law in Texas.
Auto Insurance Quotes Texas – State Minimums
Texas law requires that motorists maintain at least the following liability coverage:
$25,000 for bodily injury or death per person.
$50,000 for bodily injury or death per accident.
$25,000 for property damage per accident.
This coverage is commonly known to as “25/50/25″.
Auto Insurance Quotes Texas – Recommended Liability Coverage
Vehicles valued at $50,000 and up are common on the road these days…especially in Houston and Dallas. The reimbursement cost of a broken limb can go upwards of $25,000 when hospitalization, surgery and rehab are considered. And don’t forget the multiplier effect of legal action.
It’s becomes obvious that a serious accident involving several vehicles could easily exceed the TX minimums.
I recommend no less than 100/300/100. The upgrade won’t increase your premiums substantially and could save you from financial disaster.
Keep in mind that this coverage does not cover your medical expenses or damages to your vehicle.
Auto Insurance Quotes Texas – Other Coverage
You should also consider collision, comprehensive, uninsured motorist, GAP insurance (if your car is financed or leased) and personal injury protection.
