The words “economical” and “auto insurance” probably shouldn’t be used together, in particular when you are searching for the best car insurance for low mileage drivers. Because of the high cost, let’s learn about some situations that can significantly affect insurance prices, and come up with some ideas to take a little off the next policy you buy.
The make and model of vehicle on the policy is a significant factor when shopping around for low-priced car insurance for low mileage drivers. Vehicles with limited speed and performance, modern passenger safety features, or a low likelihood of having liability claims will cost significantly less to insure than fast, unsafe models.
The data below outlines auto insurance rates for a number of the more affordable vehicles to buy insurance for.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Explorer XLT 2WD | $1,035 |
| Honda Accord LX 4-Dr Sedan | $1,055 |
| Chevrolet Equinox LS 2WD | $1,092 |
| Ford Focus SEL 4-Dr Sedan | $1,126 |
| Honda CR-V EX 2WD | $1,131 |
| Ford Escape XLT 2WD | $1,138 |
| Ford Edge Sport 2WD | $1,148 |
| GMC Sierra SLT Extended Cab 4WD | $1,168 |
| Jeep Grand Cherokee Limited 2WD | $1,174 |
| Nissan Rogue S AWD | $1,170 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,180 |
| Ford F-150 XLT Super Cab 4WD | $1,207 |
| Honda Odyssey EX | $1,229 |
| Compare Cheap Rates Go | |
Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Rate quotes do not factor in specific location information which can lower or raise rates considerably.
Based upon the rates shown, you can expect makes and models like the Ford Explorer, Honda Accord, and Chevrolet Equinox are most likely going to be a few of the most budget-friendly vehicles to insure for infrequent drivers.
Deciding which companies offer the cheapest auto insurance rates for low mileage drivers involves a little more sweat than just getting one or two price quotes. Each auto insurer has a unique approach for filing rates in each state, so we will examine the auto insurance companies with the most affordable rates in Fort Worth, TX.
Compare Cheap Insurance Quotes in Texas
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,021 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,211 |
| 4 | Germania Mutual | $1,244 |
| 5 | Esurance | $1,379 |
| 6 | California Casualty | $1,382 |
| 7 | State Farm | $1,450 |
| 8 | Mercury | $1,521 |
| 9 | Safe Auto | $1,565 |
| 10 | Nationwide | $1,585 |
| 11 | Amica | $1,705 |
| 12 | Progressive | $1,715 |
| 13 | Allstate | $1,718 |
| 14 | Home State | $2,092 |
| 15 | GEICO | $2,093 |
| 16 | Encompass | $2,232 |
| 17 | MetLife | $2,249 |
| 18 | Unitrin | $2,333 |
| 19 | 21st Century | $2,396 |
| 20 | Titan | $2,646 |
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Travelers normally has some of the lowest car insurance rates in Fort Worth at around $1,021 annually. This is $883 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the most economical Fort Worth, TX auto insurance companies.
In the rate table above, if you have coverage with Germania Mutual and switched to USAA, you could see an annual savings of in the vicinity of $149. Customers with Esurance may save as much as $284 a year, and California Casualty insureds might lower prices by up to $287 a year.
To find cheaper insurance rates for your vehicle, click here to get a free quote or click through to the companies below.
It’s important to note that these premium estimates are averages for all types of drivers and the different vehicles they drive and do not take into consideration a specific location for low mileage drivers. So the car insurance company that fits you best may not even be in the list above. That affirms the importance of why you need to compare rates from as many companies as possible using your own personal information and vehicle type.
Auto insurance company ratings
Buying coverage from the best insurer is hard considering how many companies there are in Fort Worth. The ranking data shown next can help you choose which car insurance companies you want to consider when comparing auto insurance rates for low mileage drivers.
The rankings below are only made up of the largest auto insurers in America, so companies without a large exposure are not included in this list. To compare prices from these companies and more, follow this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
How much more does full coverage cost in Fort Worth?
Finding the cheapest auto insurance is important to the majority of people, and a great way to pay less for insurance for low mileage drivers is to only buy liability insurance. The chart below shows the difference between insurance costs when comparing full coverage to liability only. The rates are based on no violations or claims, $100 deductibles, marital status is single, and no discounts are applied.
If we average all the age groups together, physical damage coverage costs $2,922 per year more than just buying liability insurance. That is a large expense and it proposes the question if buying full coverage is a waste of money. There is no set rule to delete full coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is more than around 10% of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let’s pretend your vehicle’s replacement cost is $11,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would receive is $10,000 after you pay the deductible. If you are paying more than $1,000 annually to have full coverage, then it may be the right time to buy liability only.
How to find cheaper car insurance for low mileage drivers
The list below summarizes some of the better money-saving suggestions that can help drivers get cheap car insurance.
- Clean up your credit
- Buy a safer vehicle
- Increase your deductibles
- Maintain a safe distance and avoid accidents
- Be a safe driver
- Shop around for cheaper rates regularly
That last tip is very critical, as was discussed in the article above. Auto insurance prices fluctuate constantly, so don’t be hesitant to buy from a new company if a better deal can be had.
We understand brand loyalty, but it’s not recommended if it’s costing you money that could be spent on other things. It only take a few minutes to compare rates and find cheaper car insurance for low mileage drivers in Fort Worth.