You have most likely seen the captivating ads from insurers like State Farm and Progressive promising the cheapest rates, so you should just pick one randomly, right?
Unfortunately, it’s not that simple as there are a ton of unknown factors like your annual mileage driven, when you were born, the vehicle you are insuring, and if you are currently insured, that all help calculate your car insurance rates. We will attempt to cover the best ways to shop for cheaper coverage and will hopefully give you a good start in finding the cheapest car insurance.
For teen girls, one of the largest factors that are looked at to help calculate car insurance rates is where you choose to live. More populated areas tend to pay slightly more, whereas areas that tend to be more rural have the gratification of cheaper auto insurance rates.
The next table rates the highest-priced places in Texas for teenage females to buy auto insurance in. Plano shows up at #21 with an annual premium of $1,608 for car insurance, which is approximately $134 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | McAllen | $1,956 |
| 2 | Dallas | $1,911 |
| 3 | Brownsville | $1,851 |
| 4 | Amarillo | $1,840 |
| 5 | Houston | $1,835 |
| 6 | Laredo | $1,833 |
| 7 | Grand Prairie | $1,811 |
| 8 | Garland | $1,778 |
| 9 | Irving | $1,772 |
| 10 | Beaumont | $1,772 |
| 11 | Mesquite | $1,771 |
| 12 | Pasadena | $1,740 |
| 13 | Arlington | $1,692 |
| 14 | San Antonio | $1,688 |
| 15 | Lubbock | $1,682 |
| 16 | Austin | $1,659 |
| 17 | Corpus Christi | $1,636 |
| 18 | McKinney | $1,625 |
| 19 | Fort Worth | $1,621 |
| 20 | Carrollton | $1,615 |
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Premium costs are comparative as the vehicle garaging location can modify coverage prices considerably.
Deciding which company has the best car insurance rates for teenage females will involve a bit more work than just picking a company at random. Each auto insurer uses their own method to determine premium rates, so we’ll take a look at the overall cheapest car insurance companies in Texas.
Lowest Insurance Price Quotes for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,021 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,247 |
| 4 | Germania Mutual | $1,282 |
| 5 | California Casualty | $1,396 |
| 6 | Esurance | $1,421 |
| 7 | Mercury | $1,476 |
| 8 | State Farm | $1,495 |
| 9 | Safe Auto | $1,565 |
| 10 | Nationwide | $1,585 |
| 11 | Progressive | $1,664 |
| 12 | Allstate | $1,701 |
| 13 | Amica | $1,757 |
| 14 | Home State | $2,155 |
| 15 | GEICO | $2,156 |
| 16 | MetLife | $2,249 |
| 17 | Encompass | $2,301 |
| 18 | Unitrin | $2,310 |
| 19 | 21st Century | $2,469 |
| 20 | Titan | $2,568 |
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Travelers normally has some of the cheapest car insurance rates in Plano at around $1,021 per year. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are also some of the cheapest Plano, TX car insurance companies.
In this example, if you currently have a policy with Texas Farm Bureau and switched to Travelers, you might see yearly savings of approximately $226. Texas drivers with Germania Mutual could save as much as $261 a year, and California Casualty insureds might cut rates by $375 a year.
If you want to find out if you’re overpaying, click here to start a quote or click several companies below for low rates.
Be aware that those policy rates are averaged across all ages of drivers and types of vehicles and do not factor in an exact location for teenage females. So the insurer that can offer you the best rate may not even be in the list above. That is why you need to compare rates from multiple companies using your own specific driver and vehicle information.
Difference between liability only and full coverage rates
Saving money when shopping for car insurance is the goal of most people, and an easy way to reduce the cost of insurance for teenage females is to only buy liability coverage. The information below shows the difference between car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no tickets, no at-fault accidents, $250 deductibles, single marital status, and no discounts are factored in.
As an overall average, physical damage insurance costs an extra $2,000 per year more than just buying liability only. At some point, about every driver wonders when is the right time to remove full coverage. There is no definitive formula of when to eliminate physical damage coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.
There are a few cases where only buying liability is not a good plan. If you still owe money on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.
Types of discounts on Plano car insurance
Auto insurance companies that sell policies for teenage females may additionally offer discounts that can reduce rates by as much as 25% or more if you are eligible to receive them. A few of the larger companies and the discounts they provide include:
- Progressive offers premium reductions for homeowner, good student, online quote discount, continuous coverage, multi-vehicle, and multi-policy.
- Farmers Insurance includes discounts for distant student, switch companies, homeowner, multi-car, bundle discounts, and good student.
- Farm Bureau may include discounts for renewal discount, youthful driver, driver training, multi-policy, and 55 and retired.
- State Farm has discounts for Drive Safe & Save, passive restraint, accident-free, safe vehicle, multiple autos, defensive driving training, and multiple policy.
- GEICO discounts include good student, anti-theft, multi-policy, five-year accident-free, and driver training.
- SAFECO may have discounts that include bundle discounts, safe driver, homeowner, anti-lock brakes, teen safety rewards, and teen safe driver.
- Liberty Mutual may offer discounts for new vehicle discount, newly married, new move discount, new graduate, multi-car, preferred payment discount, and teen driver discount.
The diagram below shows the comparison of insurance premiums with and without policy discounts. The data is based on a female driver, no claims or driving citations, Texas state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with anti-theft, good student, passive restraint, paperless filing, paid-in-full, and vehicle safety discounts applied. With discounts applied, theamount saved on car insurance for teenage females is 28% or $992.
The example below highlights how deductible selection can influence insurance premiums when quoting cheap insurance for teenage females. The premium estimates are based on a single female driver, comprehensive and collision coverage, and no discounts are factored in.
The chart above illustrates that a 50-year-old driver could cut expenses by $302 a year by changing from a $100 deductible to a $500 deductible, or save $456 by using a $1,000 deductible. Youthful drivers, such as the 20-year-old chart data, could reduce their rates $766 annually by choosing a higher deductible.
When raising deductibles, it is a good idea to have enough savings to offset the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.