The make and model of vehicle needing coverage is one of the largest considerations when comparing the best auto insurance for handicapped drivers. Vehicles with high performance engines, poor passenger safety features, or a high likelihood of having liability claims will cost significantly more to insure than more economical and safe models.
The information below outlines insurance premiums for some of the most cost-effective vehicles to insure in Texas.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $1,226 |
| Honda CR-V EX-L 4WD | $1,254 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $1,347 |
| Toyota RAV4 2WD | $1,450 |
| Chevrolet Malibu LS | $1,457 |
| Dodge Ram Quad Cab ST 2WD | $1,480 |
| Honda Accord LX 4-Dr Sedan | $1,503 |
| Ford Edge Sport 2WD | $1,526 |
| Honda Odyssey EX-L | $1,535 |
| Kia Optima LX | $1,556 |
| Ford Explorer Eddie Bauer 2WD | $1,576 |
| Dodge Grand Caravan CV | $1,585 |
| Ford F-150 XL Regular Cab 4WD | $1,576 |
| GMC Sierra 3500HD SLE Regular Cab 2WD | $1,581 |
| Chevrolet Silverado LS Regular Cab 4WD | $1,651 |
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Table data represents 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, claim-free, homeowner, safe-driver, and multi-vehicle. Estimates do not factor in the specific area where the vehicle is garaged which can lower or raise coverage rates greatly.
Based upon the rates shown, models like the Ford Escape, Honda CR-V, and Jeep Wrangler should be a few of the most affordable vehicles to insure for drivers with handicaps.
Locating low-priced auto insurance is not most people’s favorite thing to do, and finding out which companies quote the cheapest auto insurance rates for handicapped drivers will require even more diligence. Every car insurance company has a proprietary formula for filing rates in each state, so let’s take a look at the overall cheapest auto insurance companies in Texas.
It’s important to know that Laredo, TX auto insurance rates are impacted by many things that control your annual premium. Simply having another birthday, buying a home, or having a fender bender may generate price changes that can make some companies more affordable than others.
Best Cheap Insurance Rates in Texas
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,247 |
| 4 | Germania Mutual | $1,256 |
| 5 | Esurance | $1,365 |
| 6 | California Casualty | $1,382 |
| 7 | State Farm | $1,465 |
| 8 | Mercury | $1,506 |
| 9 | Safe Auto | $1,549 |
| 10 | Nationwide | $1,553 |
| 11 | Allstate | $1,650 |
| 12 | Progressive | $1,698 |
| 13 | Amica | $1,705 |
| 14 | Home State | $2,071 |
| 15 | GEICO | $2,093 |
| 16 | Unitrin | $2,241 |
| 17 | MetLife | $2,249 |
| 18 | Encompass | $2,301 |
| 19 | 21st Century | $2,469 |
| 20 | Titan | $2,594 |
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Travelers normally has some of the lowest car insurance rates in Laredo at around $1,010 each year. This is $894 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also make the list of some of the cheaper Laredo, TX insurance companies.
As shown above, if you currently have a policy with Germania Mutual and switched to Travelers, you could realize yearly savings of about $246. Customers with Esurance may save as much as $355 a year, and California Casualty customers might see rate reductions of $372 a year.
To get a quick, customized rate comparison, click here or visit several of the following companies.
These prices are averages across all ages of drivers and types of vehicles and and are not figured with an exact location for handicapped drivers. So the auto insurance company that has the cheapest rates for you may not even be in the list above. That’s why you need to get car insurance quotes using your own specific driver and vehicle information.
Picking the right insurance provider is hard considering how many different insurance companies sell coverage in Texas. The ranking data in the next section may help you analyze which car insurance companies to look at purchasing a policy from.
The rankings below include large insurance companies, so smaller companies are not taken into consideration for these rankings. To get rate quotes from these companies and more, click 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 |
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Data Source: Insure.com Best Car Insurance Companies
Should you buy full coverage?
Saving money on auto insurance should be important to most people, and one way to find cheap insurance for handicapped drivers is to only buy liability coverage. The illustration below visualizes the comparison of insurance prices with full physical damage coverage and with liability coverage only. The premiums assume no claims, a clean driving record, $1,000 deductibles, single status, and no additional discounts are factored in.
As an overall average, physical damage insurance costs an additional $2,131 per year more than insuring for liability only. That proposes the question when is it a good idea to stop buying full coverage. There is no clear-cut formula that works best for making the decision to drop comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of having full coverage is more than 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.
For example, let’s pretend your vehicle’s replacement value is $12,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $11,000 after the policy deductible has been paid. If it’s costing you more than $1,100 annually for your policy with full coverage, then you may need to consider dropping full coverage.
There are a few situations where removing full coverage is not financially feasible. If you still owe a portion of the original loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not remove full coverage.
Impact of careless driving on auto insurance rates
The obvious way to snag the best auto insurance rates in Texas for drivers with handicaps is to drive cautiously and avoid accidents and traffic violations. The information below illustrates how violations and at-fault accidents can impact insurance costs for different ages of insureds. The rate quotes are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied to the premium.
The data in the chart shows the average cost of an auto insurance policy per year with no accidents and a clean driving record is $1,527. Factor in two speeding tickets and the average cost surges to $2,032, an increase of $505 each year. Then add in one accident along with the two speeding tickets and the annual cost of auto insurance for handicapped drivers jumps again to an average of $2,545. That’s an increase of $1,018, or $85 per month, just for being a little careless behind the wheel!