Inconceivable but true, about 70% of customers have stayed with the same insurance company for at least the last four years, and practically 40% of car insurance customers have never compared car insurance rates at all. With the average premium in Texas being $2,679, drivers can save hundreds of dollars each year by just comparing rate quotes, but they just don’t understand the rate savings if they changed companies.
If saving the most money is your goal, then the best way to get low-cost Buick LaCrosse insurance in Laredo is to make a habit of comparing prices annually from insurers who can sell car insurance in Texas. Rates can be compared by following these guidelines.
First, take a little time to learn about how companies price auto insurance and the things you can change to prevent expensive coverage. Many things that result in higher prices like traffic citations and a poor credit score can be eliminated by making small lifestyle or driving habit changes.
Second, compare rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like Progressive or State Farm, while independent agencies can provide prices from many different companies. View insurance agents
Third, compare the new quotes to your current policy to see if switching to a new carrier will save money. If you find a lower rate and change companies, make sure there is no lapse in coverage.
Fourth, provide written notification to your current company to cancel your current auto insurance policy and submit the required down payment along with the signed application to your new agent or company. Immediately upon receiving it, keep the new certificate verifying coverage in your vehicle’s glove compartment or console.
An important part of this process is to try to compare the same liability limits and deductibles on each quote and and to get price estimates from as many different companies as possible. Doing this ensures a fair rate comparison and plenty of rates choose from.
Buick LaCrosse insurance quotes comparison
The companies in the list below can provide price comparisons in Texas. If you want to find the cheapest car insurance in Laredo, we recommend you visit as many as you can to get the most affordable price.
Buick LaCrosse insurance rate analysis
The information shown below outlines different coverage prices for Buick LaCrosse models. Having a better idea how insurance quotes are established can be of help when making smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Lacrosse CXL AWD||$318||$718||$366||$22||$110||$1,534||$128|
|Get Your Own Custom Quote Go|
Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Table data does not factor in zip code location which can modify auto insurance rates considerably.
Seven Tips to Get Cheap Laredo Insurance Prices
Many factors are used when you get a price on insurance. Some are obvious such as traffic violations, but some are more transparent such as your marital status or your vehicle rating. One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that help calculate the price you pay for car insurance. If you know what influences your rates, this empowers consumers to make smart changes that can help you get much lower annual insurance costs.
The list below includes just a few of the factors utilized by car insurance companies to help set prices.
Don’t buy incidental coverages you don’t need – There are a lot of optional add-on coverages that you can buy if you aren’t careful. Coverages like replacement cost coverage, accident forgiveness, and extra life insurance coverage may not be needed and are just wasting money. You may think they are a good idea initially, but if they’re wasting money get rid of them and save.
Lower car insurance rates with theft deterrents – Selecting a car model with an alarm system can help lower your premiums. Theft deterrent systems such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help stop car theft and help bring rates down.
Amount of liability insurance – Liability insurance is the protection if ever you are found liable for damages caused by your negligence. This coverage provides legal defense to defend your case. This coverage is very inexpensive compared to other policy coverages, so drivers should buy more than the minimum limits required by law.
Consolidate and save – Many insurers provide better rates to policyholders who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, consumers should still comparison shop to verify if the discount is saving money. Consumers may save money by buying car insurance from a different company.
Married people drive safer – Your spouse helps lower the price compared to being single. Marriage may mean you are more financially stable and statistics show married drivers get in fewer accidents.
Credit score impacts prices – Having a good credit rating can be an important factor in determining what you pay for car insurance. Drivers who have high credit scores tend to file fewer claims and have better driving records as compared to drivers with bad credit. If your credit score could use some work, you could be paying less to insure your Buick LaCrosse by improving your credit score.
Guys pay more for insurance coverage – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. This data doesn’t prove that females are better at driving than males. Men and women get in accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also tend to get ticketed for serious violations like driving under the influence (DUI).
The information below shows the difference between Buick LaCrosse insurance premiums for male and female drivers. The costs are based on a clean driving record, no claims, full coverage, $250 deductibles, single marital status, and no discounts are applied to the premium.
Insurance losses for a Buick LaCrosse – Auto insurance companies use data from past claims in order to profitably underwrite each model. Vehicles that the data determines to have higher loss trends will cost more for specific coverages.
The table below demonstrates the insurance loss data used by companies for Buick LaCrosse vehicles. For each coverage type, the statistical loss for all vehicles, without regard to make or model, is set at 100. Numbers under 100 suggest a better than average loss history, while percentages above 100 indicate frequent claims or statistically larger losses.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Buick LaCrosse 2WD||96||85||93||100||109||92|
|Buick LaCrosse 4WD||101||92||113|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Here’s why auto insurance is not optional
Even though Laredo LaCrosse insurance rates can get expensive, insuring your vehicle may be mandatory for several reasons.
- The majority of states have minimum liability requirements which means the state requires a specific minimum amount of liability coverage if you want to drive legally. 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 you have a lien on your Buick LaCrosse, almost every bank will force you to buy full coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the lender may insure your Buick at a significantly higher premium and require you to pay for it.
- Insurance safeguards both your assets and your Buick LaCrosse. It will also pay for medical bills that are the result of an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If damage is caused by hail or an accident, collision and comprehensive coverages will pay to repair the damage.
The benefits of having insurance outweigh the cost, especially for larger claims. As of last year, the average driver in Texas overpays as much as $820 a year so you should quote your policy with other companies once a year at a minimum to help ensure money is not being wasted.
Best auto insurance in Laredo
Choosing the highest-rated company can be rather challenging considering how many choices you have in Laredo. The company ratings in the lists below may help you choose which car insurance companies to look at purchasing from.
Top 10 Laredo Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance