One of the many criteria that are looked at to help calculate the price you pay for insurance is where you live. Regions with larger populations or more claims tend to pay slightly more, whereas areas with fewer weather claims and lower vehicle theft rates benefit from lower rates.
The information below ranks the most expensive places in Texas for inexperienced drivers to purchase car insurance in. Fort Worth ranks #21 with the annual price of $1,604 on average, which is approximately $134 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | McAllen | $1,996 |
| 2 | Brownsville | $1,927 |
| 3 | Laredo | $1,889 |
| 4 | Dallas | $1,855 |
| 5 | Garland | $1,850 |
| 6 | Houston | $1,835 |
| 7 | Grand Prairie | $1,811 |
| 8 | Mesquite | $1,807 |
| 9 | Amarillo | $1,786 |
| 10 | Beaumont | $1,772 |
| 11 | Pasadena | $1,758 |
| 12 | Lubbock | $1,733 |
| 13 | Irving | $1,719 |
| 14 | Arlington | $1,709 |
| 15 | San Antonio | $1,671 |
| 16 | Corpus Christi | $1,636 |
| 17 | El Paso | $1,632 |
| 18 | Plano | $1,624 |
| 19 | Carrollton | $1,615 |
| 20 | Austin | $1,610 |
| 21 | Fort Worth | $1,604 |
| 22 | McKinney | $1,577 |
| 23 | Waco | $1,569 |
| 24 | Abilene | $1,561 |
| 25 | Killeen | $1,518 |
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Annual rates are comparative as zip code location can affect premium rates greatly.
Finding reliable, cheap car insurance is easier said than done, and deciding which companies offer the best car insurance rates for inexperienced drivers calls for more quotes for comparison. Every insurance company uses slightly different criteria for setting prices, so to begin we’ll rank the car insurance companies that tend to be cheaper in Texas.
Find Cheaper Auto Insurance for Newbies
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,199 |
| 4 | Germania Mutual | $1,282 |
| 5 | Esurance | $1,407 |
| 6 | California Casualty | $1,424 |
| 7 | State Farm | $1,450 |
| 8 | Mercury | $1,461 |
| 9 | Nationwide | $1,538 |
| 10 | Safe Auto | $1,565 |
| 11 | Progressive | $1,647 |
| 12 | Allstate | $1,718 |
| 13 | Amica | $1,775 |
| 14 | Home State | $2,092 |
| 15 | GEICO | $2,093 |
| 16 | MetLife | $2,161 |
| 17 | Encompass | $2,301 |
| 18 | Unitrin | $2,333 |
| 19 | 21st Century | $2,396 |
| 20 | Titan | $2,594 |
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Travelers normally has some of the best car insurance rates in Fort Worth at around $1,010 annually. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also make the list of some of the most economical Fort Worth, TX insurance companies.
As the example above demonstrates, if you currently buy coverage from Texas Farm Bureau and switched to Travelers, you may realize an annual savings of approximately $189. Drivers with Germania Mutual could save as much as $272 a year, and Esurance policyholders might lower prices by up to $397 a year.
To see how much you can save, click here to begin a quote or visit several of the following companies.
These prices are averaged across all types of insureds and vehicles and are not factoring in a specific vehicle garaging location for inexperienced drivers. So the car insurance company that can offer you the lowest price may not even be in the list above. That’s why you need to compare rates from multiple companies using your own driver data and vehicle information.
How to get discounts on Fort Worth car insurance
Insurance providers that offer quotes for inexperienced drivers may provide policy discounts that could potentially reduce rates by 30% or more if you qualify for them. Larger car insurance companies and some of the discounts can be read below.
- Farmers Insurance may include discounts for distant student, business and professional, teen driver, youthful driver, multi-car, and homeowner.
- Esurance has savings for claim free, multi-car, safety device, emergency road assistance, and homeowner.
- State Farm offers discounts for Steer Clear safe driver discount, multiple autos, driver’s education, defensive driving training, Drive Safe & Save, and multiple policy.
- GEICO policyholders can earn discounts including good student, anti-lock brakes, membership and employees, defensive driver, and anti-theft.
- Allstate has discounts for 55 and retired, eSmart discount, premier discount, auto/life discount, multi-policy, and premier plus.
The example below illustrates the comparison of insurance premiums with and without discounts applied to the policy rates. The data assumes a male driver, no claims, a clean driving record, Texas state minimum liability limits, full coverage, and $100 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with vehicle safety, claim-free, accident-free, anti-theft, homeowner, and passive restraint discounts applied. When drivers qualify for the discounts, the average amount saved each year on car insurance for inexperienced drivers is 28% or $815.
Rate difference between full and liability-only coverage
Reducing the cost of car insurance is probably important to most vehicle owners, and one of the easiest ways to lower the cost of insurance for inexperienced drivers is to buy only liability coverage. The illustration below shows the difference between auto insurance costs with and without physical damage coverage. The data assumes no tickets, no at-fault accidents, $250 deductibles, drivers are not married, and no policy discounts are applied.
If we average the cost for all age groups, comp and collision coverage costs $2,718 per year more than carrying just liability coverage. Lot’s of drivers question if buying full coverage is worth the money. There is no set rule to drop physical damage insurance, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.
For example, let’s say your vehicle’s settlement value is $11,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $10,000 after the policy deductible has been paid. If premium cost is more than $1,000 annually for full coverage, then you might want to consider buying only liability coverage.
There are some situations where dropping physical damage coverage is not advised. If you still owe money on your vehicle, you have to keep full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should keep full coverage in place.
How violations and accidents impact rates
In a perfect world, the best way to receive good car insurance prices for new drivers is to drive attentively and avoid getting tickets or having accidents. The information below demonstrates how citations and at-fault collisions can raise car insurance rates for each different age group. The prices are based on a married female driver, comp and collision included, $500 deductibles, and no policy discounts are applied.
In the previous example, the average cost of a car insurance policy in Fort Worth per year with no accidents or violations is $1,513. Factor in two speeding tickets and the average cost rises to $2,149, an increase of $637 each year. Now get one accident along with the two speeding tickets and the 12-month cost of car insurance for inexperienced drivers increases to an average of $2,788. That’s an increase of $1,275, or $106 per month, just for not keeping your driving record clean!
Why are you paying too much for Fort Worth car insurance?
Fort Worth car insurance rates are calculated based on many things which can substantially change the policy premium. Getting older, having a teenage driver, or getting a ticket for running a stop sign may prompt premium changes resulting in some companies being more affordable than the competition.
Not only may things change on your end, but car insurance companies change the rates they charge in Texas every year or even multiple times each year to ensure their profitability. Larger than normal claims can result in increased rates, while profitable underwriting can cause cheaper Fort Worth car insurance rates.
For example, the data below analyzes the cheapest car insurance in Fort Worth, TX for a 30-year-old male driver with no prior claims, no tickets, and a decent credit rating. If we estimate prices based on his personal risk profile, Travelers might quote the cheapest car insurance rates in Fort Worth at $1,123 a year. This is $781 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the remainder of the cheapest Fort Worth, TX auto insurance companies.
In the next rate comparison, we’ll give the driver from the first rate comparison an accident claim, slightly worse credit, and a stop sign violation. Because every insurance company uses a different method for setting rates, analyzing rate quotes may now present a different set of affordable Fort Worth car insurance companies as shown below.
State Farm now has the lowest car insurance rate in Fort Worth, TX with USAA, Mercury, Nationwide, and Safe Auto now being in the top five. This example shows why consumers need to take the time to compare rates when trying to find the lowest insurance rates for inexperienced drivers.
Auto insurance prices can be altered by many factors and change dramatically, so the most affordable company six months ago may now be priced much higher than other options.