The words “low-cost” and “auto insurance” really shouldn’t be used in the same sentence, especially when searching for the best car insurance for teenagers. Because it’s so expensive, let’s familiarize you with a few of the factors that influence car insurance prices, and find out if you can lower the cost of the next policy you buy.
The make and model of vehicle on the policy is probably the biggest factor that determines the availability of the lowest-priced car insurance for teenagers. Vehicles with lower performance, an excellent safety record, or a low likelihood of liability claims will cost quite a bit less to insure than high performance models. The list below outlines insurance premiums for some of the most economical vehicles to insure in Texas.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 2WD||$4,345|
|Ford Escape XLT 4WD||$4,350|
|Hyundai Elantra SE Touring Station Wagon||$4,609|
|Honda Odyssey LX||$4,798|
|Dodge Grand Caravan CV||$4,840|
|Toyota RAV4 Limited 4WD||$5,105|
|Toyota Camry LE||$5,113|
|Chevrolet Impala LT||$5,105|
|Ford Explorer Limited 4WD||$5,145|
|Ford F-150 Lariat Crew Cab 4WD||$5,155|
|Toyota Tacoma Double Cab TRD Sport Package 4WD||$5,145|
|Chevrolet Malibu LT||$5,152|
|Ford Edge Sport 2WD||$5,367|
|Toyota Corolla S||$5,377|
|Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$5,402|
|Jeep Grand Cherokee Limited 2WD||$5,407|
|Volkswagen Jetta 2.0T 4-Dr Sedan||$5,414|
|Ford Fusion Sport 4-Dr Sedan||$5,407|
|Chevrolet Equinox LTZ AWD||$5,412|
|Nissan Rogue S AWD||$5,533|
|GMC Sierra Denali Crew Cab 2WD||$5,713|
|Chevrolet Silverado 2500HD LTZ Crew Cab Diesel 4WD||$5,721|
|Compare Rates Now Go|
Data variables include single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate quotes do not factor in specific location which can decrease or increase auto insurance rates substantially.
Based upon these rates, you can presume that models like the Honda CR-V, Ford Escape, Hyundai Elantra, Toyota Prius, and Honda Odyssey are most likely going to be some of the cheaper vehicles to insure for teen drivers. Prices will tend to be more expensive anyway because there is more risk for teenagers, but generally speaking those makes and models will probably have the least expensive rates compared to all other vehicles.
Finding dependable, cost effective car insurance is challenging, and deciding which insurers offer the lowest-priced insurance rates for teenagers requires even more perseverance. Every insurance company uses their own method to establish rates, so let’s begin by taking a look at the insurance companies with the most affordable rates in Corpus Christi, TX.
Cheap Insurance Rates for Teens
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,247|
|View More Rates Go|
Travelers may offer some of the lowest car insurance rates in Corpus Christi at around $1,041 a year. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty also qualify as some of the most economical Corpus Christi, TX car insurance companies.
In the above example, if you have coverage with Germania Mutual and switched to Travelers, you may realize savings of in the neighborhood of $253. Customers with California Casualty could save as much as $355 a year, and Esurance customers might see rate reductions of $380 a year.
To find cheaper insurance rates for your vehicle, click here to start your free quote or click several companies below for low rates.
It’s important to note that these premiums are averages for all types of insureds and vehicles and and are not figured with a specific location for teenagers. So the auto insurance company that can offer you the best rate 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 driver information and specific vehicle type.
One of the more important considerations that are used to help calculate the cost of insurance is where you live in Corpus Christi. Cities with larger populations or higher claim trends tend to have more expensive car insurance rates, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of lower rates.
The next table sorts the most expensive cities in Texas for teenagers to buy car insurance in. Corpus Christi shows up at #19 with a yearly cost of $1,620 for the average policy, which is about $135 monthly.
|Rank||City||Premium Per Year|
|Quote Best Rates Go|
Rates are estimated as the specific area where the vehicle is garaged can alter prices significantly.
Get discount Corpus Christi auto insurance
Car insurance companies that provide coverage for teenagers may also offer special discounts that could potentially reduce rates by as much as 40% or more if you are eligible. A few of the larger companies and their possible discounts are shown below.
- AAA may have discounts that include anti-theft, good driver, multi-car, education and occupation, multi-policy, pay-in-full, and good student.
- Progressive includes discounts for multi-policy, continuous coverage, homeowner, multi-vehicle, good student, and online quote discount.
- State Farm may offer discounts for Drive Safe & Save, defensive driving training, student away at school, Steer Clear safe driver discount, multiple policy, and accident-free.
- Esurance policyholders can earn discounts including online quote, multi-policy, safety device, DriveSense, Pac-12 alumni, and Switch & Save.
- Nationwide has savings for defensive driving, Farm Bureau membership, easy pay, good student, and anti-theft.
The diagram below shows the comparison of yearly insurance costs with and without discounts applied to the premium. The rates are based on a female driver, no violations or accidents, Texas state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with paperless filing, vehicle safety, good student, passive restraint, paid-in-full, and continuous coverage discounts applied. In this example, theamount saved on insurance for teenagers is 28% or $613.
Full coverage rates compared to liability only
Saving on insurance should be important to most drivers, and an easy way to find cheap insurance for teenagers is to only buy liability coverage. The diagram below compares insurance costs with full coverage compared to only the Texas minimum liability coverage. The premiums assume no tickets, no at-fault accidents, $250 deductibles, single status, and no other discounts are factored in.
If all age groups are averaged, physical damage insurance costs $2,671 per year more than just buying liability only. At some point, almost every driver questions if buying full coverage is worth the money. There is no exact formula to stop buying physical damage insurance, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s pretend your vehicle’s claim settlement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would receive is $3,000 after the deductible is paid. If you are paying in excess of $300 a year for full coverage, the it may be a good time to stop paying for full coverage.
How to find economical car insurance for teenagers
Lowering your rates is not difficult, and here are many thrifty solutions that can help you buy more affordable coverage.
- Pay for smaller claims out-of-pocket
- Do not pay for comprehensive and collision coverage on older vehicles
- Speeding tickets and other violations increase rates
- Bundle home and auto and earn a discount
- Avoid having at-fault accidents
- Buy a safer vehicle
- Ensure you have the best deal by shopping around regularly
The last suggestion is highly vital, as was emphasized in this piece. Prices charged by car insurance companies fluctuate constantly, so drivers shouldn’t be reluctant to switch to a new company if a better rate can be found.
Brand loyalty is great, but it’s not recommended if that dedication is costing potentially thousands of dollars a year. In less than five minutes you could compare prices and find cheaper car insurance for teenagers in Corpus Christi.
The insurance agencies listed below can provide answers to your questions and help you determine which auto insurance policy would work best for you, since some drivers have questions and prefer to get help from a professional when trying to find the best insurance rates for teenagers. It can be challenging to find the best rates on your own, so a licensed agent can give you comfort knowing your policy gives you adequate protection in the event of a claim. To locate a Corpus Christi car insurance agency close to where you live, click the button following the list.
Ed Cantu Insurance Agency
7122 S Staples St – Corpus Christi, TX 78413 – (361) 991-1493
Farmers Insurance – Jennifer Tennill
1145 Waldron Rd – Corpus Christi, TX 78418 – (361) 939-7300
GEICO Insurance Agent
6349 S Padre Island Dr – Corpus Christi, TX 78412 – (361) 992-4955
Binyon Insurance Agency, LLC
9922 Leopard St #202 – Corpus Christi, TX 78410 – (361) 241-3748
Reed Insurance Agency
6500 S Padre Island Dr – Corpus Christi, TX 78412 – (361) 994-1886