Amazingly, over 70% of consumers kept their coverage with the same insurance company for more than four years, and practically 40% of insurance customers have never even shopped around for cheap coverage. With the average insurance premium being $2,700, Fort Worth drivers can save hundreds of dollars each year, but most undervalue the large savings they would see if they just switched companies.
The best way to get the cheapest car insurance rates is to compare quotes annually from providers that insure vehicles in Fort Worth. You can compare prices by following these steps.
- Take a little time to learn about individual coverages and the measures you can control to prevent rate increases. Many rating criteria that are responsible for high rates like traffic violations and an unacceptable credit score can be remedied by making minor changes in your lifestyle. Keep reading for tips to prevent high rates and find more discounts that you may not know about.
- Compare rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like Progressive or Allstate, while agents who are independent can provide prices from multiple companies.
- Compare the quotes to your existing rates to determine if you can save on X6 insurance. If you find better rates and decide to switch, make sure there is no coverage gap between policies.
One tip to remember is to make sure you’re comparing the same deductibles and limits on every price quote and and to analyze as many different insurance providers as possible. This guarantees an accurate price comparison and a good representation of prices.
Locating the best rates in Fort Worth is actually very simple if you learn how to start. If you’re already insured or just want to save money, take advantage of these tips to save money without sacrificing coverage. Smart shoppers just have to learn the best way to compare prices online.
What Affects BMW X6 Insurance Costs?
Smart consumers have a good feel for some of the elements that aid in calculating your premiums. If you know what determines premiums, this allows you to make good choices that will entitle you to much lower annual insurance costs. Multiple criteria are taken into consideration when you get your auto insurance bill. Some factors are common sense such as your driving record, but others are less apparent like where you live or your commute time.
Defend yourself with liability protection – Your auto insurance policy’s liability coverage is the coverage that protects you in the event that you are found liable for personal injury or accident damage. This coverage provides you with a defense in court which can cost thousands of dollars. Liability is cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
Choose high IIHS safety ratings and save – Safer cars cost less to insure. Safer cars reduce occupant injuries and lower rates of occupant injuries means less money paid by your insurance company which can mean better rates for you. If your BMW X6 scored better than four stars on Safercar.gov it may cost less to insure.
Little extras can really add up – Insurance companies have many optional add-on coverages that may not really be needed when buying auto insurance. Things like personal injury protection, death and dismemberment, and extra life insurance coverage may be costing you every month. You may think they are a good idea when talking to your agent, but if you have no use for them eliminate the coverages to reduce your premium.
Be proud to be claim-free – Car insurance companies in Texas generally give the best rates to policyholders who do not rely on their insurance for small claims. If you tend to file frequent claims, you can definitely plan on higher premiums or even policy non-renewal. Insurance coverage is intended for claims that you cannot pay yourself.
Tickets hurt – Even a single chargeable violation can increase the cost of insurance to the point where it’s not affordable. Drivers with clean records get better prices than bad drivers. Drivers who have careless violations such as reckless driving or DUI may find that they have to to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to drive a vehicle legally.
The illustration below illustrates how violations and accident claims can increase BMW X6 car insurance rates for different age groups of insureds. The premiums are based on a married male driver, full coverage, $500 deductibles, and no policy discounts are applied.
More performance means more cost – The performance level of the vehicle you are insuring makes a substantial difference in determining your rates. Lower performance four cylinder passenger models usually have the lowest premiums, but many other things help determine your insurance rates.
The data below uses these variables: single male driver age 30, full coverage with $250 deductibles, and no discounts or violations. It illustrates BMW X6 insurance rates compared to other vehicles that have a range of performance risks.
Mature drivers pay less – Mature drivers are viewed as being more responsible, tend to cause fewer accidents, and are generally more financially stable. Beginning drivers are proven to be inattentive when behind the wheel so they pay higher auto insurance rates.
The following chart uses these variables: single driver, full coverage with $500 deductibles, and no discounts or violations.
The following companies provide free rate quotes in Texas. If several companies are displayed, it’s highly recommended you visit as many as you can to get a more complete price comparison.
Data for BMW X6 insurance
The information shown below covers different insurance coverage prices for BMW X6 models. Having knowledge of how insurance prices are formulated can assist in making informed decisions when shopping around for a new policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| X6 35I AWD | $408 | $762 | $382 | $22 | $114 | $1,688 | $141 |
| X6 50I AWD | $446 | $850 | $382 | $22 | $114 | $1,814 | $151 |
| X6 ActiveHybrid AWD | $484 | $938 | $382 | $22 | $114 | $1,940 | $162 |
| X6 M AWD | $484 | $938 | $382 | $22 | $114 | $1,940 | $162 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Rate information does not factor in specific Fort Worth garaging location which can modify premium rates substantially.
Raise deductibles and save
When buying insurance, a common question is which comprehensive and collision deductibles to buy. The figures shown below highlight how much more you’ll pay between high and low physical damage coverage deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| X6 35I AWD | $408 | $762 | $382 | $22 | $114 | $1,713 | $143 |
| X6 50I AWD | $446 | $850 | $382 | $22 | $114 | $1,839 | $153 |
| X6 ActiveHybrid AWD | $484 | $938 | $382 | $22 | $114 | $1,965 | $164 |
| X6 M AWD | $484 | $938 | $382 | $22 | $114 | $1,965 | $164 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| X6 35I AWD | $332 | $614 | $382 | $22 | $114 | $1,464 | $122 |
| X6 50I AWD | $362 | $686 | $382 | $22 | $114 | $1,566 | $131 |
| X6 ActiveHybrid AWD | $394 | $756 | $382 | $22 | $114 | $1,668 | $139 |
| X6 M AWD | $394 | $756 | $382 | $22 | $114 | $1,668 | $139 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Rates do not factor in specific location information which can lower or raise premiums noticeably.
Based on this data, using a $250 deductible could cost the average driver approximately $23 more each month or $276 annually than requesting the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you have more than 11 months between claim filings, you would probably save some money if you opt for a higher deductible.
How much more does full coverage cost in Fort Worth?
The example below shows the difference between BMW X6 car insurance costs with full physical damage coverage and with liability coverage only. The data is based on no tickets, no at-fault accidents, $250 deductibles, single marital status, and no discounts are factored in.
When to drop comprehensive and collision coverage
There isn’t a steadfast formula to stop buying physical damage insurance, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your BMW X6 book value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $7,000 after you pay the deductible. If you are paying more than $700 a year for your policy with full coverage, then it may be the right time to buy liability only.
There are some circumstances where removing full coverage is not advised. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not consider dropping full coverage.
Why you need to buy car insurance
Despite the fact that car insurance is not cheap in Fort Worth, buying car insurance serves a purpose in several ways.
- The majority of states have mandatory insurance requirements which means state laws require a specific minimum amount of liability if you don’t want to risk a ticket. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your BMW has a lienholder, it’s guaranteed your bank will have a requirement that you have insurance to ensure the loan is repaid in case of a total loss. If the policy lapses, the lender may insure your BMW for a lot more money and require you to pay for the expensive policy.
- Car insurance protects both your vehicle and your assets. It also can pay for hospital and medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are sued as the result of your driving. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay to repair the damage.
The benefits of insuring your X6 more than offset the price you pay, specifically if you ever have a liability claim. The average driver in America is overpaying more than $850 per year so compare quotes from several companies at every policy renewal to ensure rates are inline.
Lower-cost BMW X6 insurance in Fort Worth
Some insurance providers do not advertise their entire list of discounts very well, so the list below details both the well known and also the lesser-known car insurance savings. If you check and find you aren’t receiving every discount you deserve, you are paying more than you should be.
- Good Driver Discounts – Accident-free drivers can pay as much as 50% less compared to accident prone drivers.
- Early Renewal Discounts – Select car insurance companies give a discount for switching policies prior to the expiration date on your current X6 insurance policy. It can save you around 10%.
- Auto/Life Discount – Select car insurance companies reward you with a break if you buy life insurance from them.
- ABS Brakes – Anti-lock brake equipped vehicles can avoid accidents so you can save 10 percent or more.
- Telematics Data – Fort Worth drivers who agree to allow their company to monitor driving manner by using a telematics device in their vehicle such as Progressive’s Snapshot might get better premium rates as long as the data is positive.
- Passive Restraints and Air Bags – Options like air bags or motorized seat belts can get savings of up to 25% or more.
- Defensive Driver Discounts – Passing a defensive driving course is a good idea and can lower rates if you qualify.
It’s important to understand that some credits don’t apply to the entire cost. Some only apply to individual premiums such as liability, collision or medical payments. If you do the math and it seems like adding up those discounts means a free policy, nobody gets a free ride.
The diagram below illustrates the comparison of BMW X6 insurance costs with and without discounts being applied to the rates. The prices are based on a female driver, no violations or claims, Texas state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, safe-driver, marriage, multi-policy, and multi-car discounts applied.
Large car insurance companies and the discounts they provide are detailed below.
- Progressive policyholders can earn discounts including continuous coverage, multi-vehicle, online quote discount, online signing, multi-policy, and good student.
- MetLife may include discounts for accident-free, good driver, good student, multi-policy, and claim-free.
- Mercury Insurance may have discounts that include good driver, annual mileage, ease of repair, low natural disaster claims, and age of vehicle.
- Nationwide may offer discounts for business or organization, anti-theft, good student, easy pay, Farm Bureau membership, defensive driving, and family plan.
- GEICO offers discounts for anti-theft, emergency military deployment, seat belt use, multi-policy, and daytime running lights.
- AAA discounts include good driver, multi-policy, good student, education and occupation, multi-car, and pay-in-full.
It’s a good idea to ask every insurance company how you can save money. Savings may not apply to policies in your area. To locate providers that offer multiple discounts in Fort Worth, click this link.
Insurance agencies are professional risk managers
Many people would rather talk to a local agent and there is nothing wrong with that. Professional insurance agents are trained to spot inefficiencies and will help you if you have claims. A good thing about price shopping on the web is you can get cheaper auto insurance rates and still choose a local agent.
After completing this form (opens in new window), the coverage information is immediately sent to agents in your area that can give you free Fort Worth car insurance quotes for your car insurance coverage. You won’t even need to drive around since price quotes are sent to you directly. If you want to get a rate quote from a specific car insurance provider, you can always visit that company’s website and submit a quote form there.
Selecting an insurer requires more thought than just the premium amount. Agents should be asked these questions:
- What is the financial rating for the quoted company?
- Who is covered by the car insurance policy?
- Do they have a Better Business Bureau rating in Fort Worth?
- Does the company have a local claim office in Fort Worth?
- Will the quote change when the policy is issued?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
The different types of auto insurance agents
If you are wanting to purchase car insurance from an insurance agent, it’s important to understand the types of agencies and how they differ in how they quote coverages. Insurance agencies in Fort Worth can either be exclusive or independent (non-exclusive). Both insure your vehicles properly, but it is a good idea to know how they are different because it can influence which agent you choose.
Exclusive Car Insurance Agencies
Exclusive agents can only write with one company like Allstate, State Farm and Farm Bureau. They are unable to compare other company’s rates so they are skilled at selling on more than just price. Exclusive agents are trained well on their products and sales techniques and that enables them to sell even at higher rates. Some insured continue to buy from the same agent for years partially due to the brand rather than having low rates.
The following is a short list of exclusive agents in Fort Worth who may provide you with price quotes.
- State Farm Insurance – Esmeralda Gutierrez
2219 W Berry St – Fort Worth, TX 76110 – (817) 923-2886 – View Map - Matt Poston – State Farm Insurance Agent
3417 Hulen St #203 – Fort Worth, TX 76107 – (817) 732-1611 – View Map - Allstate Insurance: Frank Sargent
6901 McCart Ave Ste 100 – Fort Worth, TX 76133 – (817) 370-1895 – View Map
Independent Agencies or Brokers
Agents in the independent channel often have many company appointments and that allows them to write policies amongst many companies and potentially find a lower price. If they find a lower price, an independent agent can move your coverage and you don’t have to switch agencies. If you need cheaper car insurance rates, we recommend you include price quotes from a few independent agents to get the best comparison. They often place coverage with lesser-known insurance companies which can save you money.
Listed below are Fort Worth independent insurance agencies who can help you get price quote information.
- Armor Texas Insurance Agency
6613 McCart Ave – Fort Worth, TX 76133 – (817) 332-2066 – View Map - Nationwide Insurance: The Jeter Agency
6650 N Beach St Ste 118 – Fort Worth, TX 76137 – (817) 788-8620 – View Map - Nationwide Insurance: Darla Duncan Insurance Agency
5801 Curzon Ave #137 – Fort Worth, TX 76107 – (817) 731-0991 – View Map
Upon receiving satisfactory answers to all your questions and locked in a price quote, it’s a good possibility that you have found a car insurance agent that can be trusted to insure your vehicles. Just understand that you can always cancel coverage for any reason so don’t feel you are locked into a policy with no way to switch.
Frequent quotes can save
While you’re price shopping online, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy enough coverage at the lowest possible cost, but do not skimp to save money.
Insureds leave their current company for a variety of reasons including unfair underwriting practices, high prices, policy cancellation and even lack of trust in their agent. No matter why you want to switch, choosing a new insurance company can be easier than you think.
Some insurance companies may not provide the ability to get quotes online and most of the time these small, regional companies provide coverage only through independent insurance agencies. Budget-friendly auto insurance in Fort Worth is definitely available both online in addition to many Fort Worth insurance agents, and you should compare price quotes from both so you have a total pricing picture.
Additional auto insurance information is located at the links below
- Parking Tips to Reduce Door Dings (State Farm)
- What Car Insurance is Cheapest for State Employees in Fort Worth? (FAQ)
- Who Has Affordable Fort Worth Auto Insurance for Low Credit Scores? (FAQ)
- Who Has Cheap Auto Insurance for 17 Year Olds in Fort Worth? (FAQ)
- How Much are Car Insurance Rates for Good Students in Fort Worth? (FAQ)
- Who Has Cheap Car Insurance for Teenage Females in Fort Worth? (FAQ)
- Who Has Cheap Auto Insurance for Homeowners in Fort Worth? (FAQ)
- What Insurance is Cheapest for a Nissan Versa in Fort Worth? (FAQ)
- Child Safety FAQ (iihs.org)
- Vehicle Insurance in the U.S. (Wikipedia)