For health professionals, one of the largest criteria that are looked at to help calculate insurance cost is where your residence is in Laredo. More densely populated places will most likely have higher rates, whereas more rural areas benefit from having to pay less for coverage.
The next table shows the most costly cities in Texas for nurses to purchase auto insurance in. Laredo is ranked #5 with an annual premium of $1,889 for the average policy, which is about $157 per month.
|Rank||City||Average Per Year|
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Rate information is estimated as specific location information can modify prices significantly.
The make and model of vehicle you are insuring is a significant factor in finding cheap auto insurance for nurses. Vehicles with limited top-end speed, a plethora of safety features, or low incidents of liability claims will cost significantly less to insure than fast, unsafe models. The data below illustrates car insurance prices for a handful of the most budget-friendly vehicles to buy coverage for.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda Accord LX-P 4-Dr Sedan||$1,298|
|Honda CR-V EX-L 2WD||$1,449|
|Ford Escape Limited 2WD||$1,457|
|Chevrolet Equinox LS AWD||$1,531|
|Volkswagen Jetta S 2.5 Station Wagon||$1,583|
|Dodge Grand Caravan SE||$1,585|
|Honda Odyssey LX||$1,611|
|Toyota Camry XLE||$1,613|
|Toyota Corolla LE||$1,623|
|Ford Edge Sport AWD||$1,613|
|Hyundai Elantra SE 4-Dr Sedan||$1,619|
|Chevrolet Malibu LTZ||$1,641|
|Ford F-150 XL Regular Cab 4WD||$1,649|
|GMC Sierra SL Extended Cab 2WD||$1,677|
|Ford Focus S 4-Dr Sedan||$1,693|
|Chevrolet Silverado 3500HD LTZ Crew Cab 2WD||$1,700|
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Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Price information does not factor in garaging location in Laredo, TX which can lower or raise premiums greatly.
By looking at the data, you can presume that models like the Honda Accord, Honda CR-V, and Ford Escape are the less-costly vehicles to insure for health professionals.
Get discount Laredo auto insurance
Insurance providers that sell policies for nurses may provide policy discounts that could potentially reduce rates by as much as 25% or more if you qualify for them. The best auto insurance companies and their possible discounts are shown below.
- Progressive includes discounts for homeowner, online signing, multi-policy, online quote discount, multi-vehicle, continuous coverage, and good student.
- Farmers Insurance offers discounts including good student, bundle discounts, switch companies, teen driver, and homeowner.
- Farm Bureau policyholders can earn discounts including safe driver, renewal discount, good student, driver training, 55 and retired, and multi-vehicle.
- State Farm discounts include Steer Clear safe driver discount, defensive driving training, driver’s education, student away at school, anti-theft, accident-free, and multiple autos.
- GEICO offers premium reductions for membership and employees, anti-theft, five-year accident-free, defensive driver, good student, and federal employee.
- SAFECO has discounts for anti-lock brakes, accident prevention training, safe driver, multi-car, teen safe driver, and drive less.
- Liberty Mutual may have discounts that include multi-policy, new move discount, new vehicle discount, good student, and newly married.
The diagram below shows the comparison of auto insurance costs with and without discounts applied. The premiums assume a female driver, no claims, a clean driving record, Texas state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with passive restraint, claim-free, anti-theft, marriage, vehicle safety, and multiple policy discounts applied. When these discounts are applied to the policy premium, theamount saved on auto insurance for nurses is 28% or $425.
The diagram below demonstrates how choosing different deductibles can affect insurance costs when researching cheap insurance for nurses. The rate quotes are based on a married female driver, full physical damage coverage, and no policy discounts are applied.
A 30-year-old driver could lower their car insurance rates by $302 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $456 by choosing a $1,000 deductible. Even younger insureds, such as the 20-year-old example, could save as much as $646 each year by selecting a higher deductible. If you do raise deductibles, it will be necessary to have enough in a savings account to enable you to pay the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Careless drivers pay higher rates
In a perfect world, the ideal way to obtain low auto insurance rates in Texas for health professionals is to be a safe driver and avoid getting tickets or having accidents. The information below highlights how traffic violations and at-fault collisions increase car insurance costs for different age categories. The rates are based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are applied.
The data charted above shows the average cost of an auto insurance policy in Laredo per year with no accidents and a clean driving record is $1,682. Get written up for one speeding ticket and the average cost jumps to $1,957, an increase of $275 each year. Now throw in two accidents along with the one speeding ticket and the 12-month cost of auto insurance for nurses jumps again to an average of $4,269. That’s an increase of $2,587, or $216 per month, just for being a less-than-perfect driver!
How to find low-cost auto insurance for nurses
It is possible to find better rates, and here are many penny-pinching suggestions that can help Laredo drivers buy cheap car insurance.
- Good credit can mean cheaper rates
- You will pay more if you get tickets or have at-fault accidents
- If possible, pay for small claims out-of-pocket
- Drive attentively and avoid accidents
- Vehicles with good safety ratings are usually cheaper to insure
- Compare rates regularly and switch companies to save money
The last item on the list is incredibly necessary, as was affirmed in the prior article. Auto insurance prices change constantly, so don’t be tentative to switch carriers if a better rate can be found. Staying with the same company for years is fine, but it’s not a great idea if your bullheadedness ends up costing you a fortune every year. In just a few minutes you could shop around and find cheaper auto insurance for nurses in Laredo.
If you aren’t clear which coverage you need and would like to have some professional guidance when shopping for cheaper insurance for nurses, the agents shown below are willing to answer your questions and help you decide which coverages are best.
To locate a Laredo car insurance agency closest to you, click the button following the list or click here to compare prices now.
Insurance and Financial Services At Champions LLC
6019 McPherson Rd Ste 6 – Laredo, TX 78041 – (956) 717-5770
Alphasure Affordable Insurance Services
1620 Chihuahua St – Laredo, TX 78043 – (956) 729-9500
Castillo Insurance Agency
1413 E San Carlos St – Laredo, TX 78041 – (956) 727-0129