The words “economical” and “insurance” really shouldn’t be used in the same sentence, in particular when you are shopping around for the cheapest auto insurance for immigrants. To help control this cost, let’s start the ball rolling by going over a few of the factors that have a considerable impact on car insurance rates, and find out if we can help you cut the cost of your next policy.
Deciding which company has the most affordable auto insurance rates for immigrants takes a tad more effort in order to find the most economical policy. Every auto insurer has their own process for determining prices, so let’s take a look at the most competitive auto insurance companies in Plano.
It’s a good idea to be aware that Texas auto insurance rates are based on many factors which can significantly increase or decrease the cost of coverage. Simply getting older, moving to a different location, or having an accident can trigger changes in premium that can now make some companies much cheaper than others.
Lowest Insurance Price Quotes for Migrants
Travelers generally has some of the best car insurance rates in Plano at around $1,010 per year. This is $894 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty also qualify as some of the lowest-priced Plano, TX auto insurance companies.
As shown above, if you currently have coverage with Germania Mutual and switched to USAA, you might achieve savings of around $172. Texas drivers with California Casualty could save as much as $312 a year, and Esurance policyholders might cut rates by $323 a year.
To find the cheapest coverage for you, click here to begin a quote or visit any of the low-priced companies below.
Remember that these estimates are averaged for all ages of drivers and types of vehicles and and are not figured with a specific location for immigrants. So the insurer that has the cheapest price for you may not even be in the top 23 companies shown above. That point stresses why you need to get auto insurance quotes using your own specific driver and vehicle information.
One of the more important considerations that help determine auto insurance rates is where you live. Areas with increased crime or more people tend to have higher rates, whereas less populated areas benefit from lower prices.
The illustration below shows the priciest cities in Texas for immigrants to purchase a policy in. Plano makes the list at #23 with an annual rate of $1,560 for car insurance, which is around $130 per month.
|Rank||City||Premium Per Year|
|Quote Best Rates Go|
Prices are comparative as the garaging address in Plano can raise or lower coverage rates noticeably.
The vehicle model driven is one of the biggest factors when comparison shopping for the best cheap car insurance for immigrants. Vehicles with economical engines, good crash test ratings, or low incidents of liability claims will cost significantly less to insure than high performance models.
The list below shows car insurance rates for a selection of the most economical automobiles to insure in Texas.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda Accord LX-P 4-Dr Sedan||$1,040|
|Honda CR-V LX 4WD||$1,048|
|Ford Escape Limited 2WD||$1,063|
|Toyota RAV4 Sport 4WD||$1,072|
|Nissan Altima 3.5 SR 4-Dr Sedan||$1,156|
|Kia Optima LX||$1,152|
|Honda Civic GX 4-Dr Sedan||$1,184|
|Nissan Rogue SL AWD||$1,208|
|Ford F-150 STX Super Cab 2WD||$1,219|
|Chevrolet Equinox LT 2WD||$1,230|
|Chevrolet Malibu LT||$1,251|
|Dodge Grand Caravan Crew||$1,258|
|Toyota Tacoma Double Cab TRD Sport Package 4WD||$1,251|
|Chevrolet Impala LS||$1,288|
|Hyundai Elantra SE 4-Dr Sedan||$1,295|
|Honda Odyssey EX-L W/Rear Entertainment||$1,303|
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Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can modify premiums considerably.
Looking at the data, we can presume that models like the Honda Accord, Honda CR-V, and Ford Escape are most likely going to be some of the most affordable vehicles to insure for foreigners.
The example below shows how choosing a deductible can impact insurance rates when researching cheap insurance for immigrants. The premium estimates are based on a single male driver, comp and collision included, and no policy discounts are applied.
As shown above, a 40-year-old driver could pocket $374 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $564 by changing to a $1,000 deductible. Youthful drivers, like the Age 20 category, could shave $1,236 or more just by choosing higher deductibles when buying full coverage. When choosing a higher deductible, it is important to have plenty of money set aside to enable you to cover the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Insurance rate increases from tickets or accidents
In a perfect world, the best way to maintain the cheapest auto insurance premiums in Plano for foreigners is to be a careful driver and avoid accidents and keep your driving record clean. The information below illustrates how traffic citations and at-fault collisions raise car insurance rates for different age groups. The prices are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.
The data charted above shows the average cost of a car insurance policy in Texas per year with no accidents and a clean driving record is $2,767. Receive two speeding tickets and the average cost swells to $3,727, an increase of $960 each year. Next add one accident along with the two speeding tickets and the yearly cost of auto insurance for immigrants increases to an average of $4,712. That’s an increase of $1,945, or $162 per month, just for not paying attention while driving!
If you like to have a little guidance when comparing insurance rates for foreigners, the agents listed below are a good start to help you make a decision which auto insurance policy would work best for you. To find a Plano insurance agency nearest to you, click the button following the list or click here to compare price quotes now.
- A-Z Insurance Agency
1110 E Parker Rd #106 – Plano, TX 75074 – (972) 200-5070
- Farmers Insurance – Joseph Qiu
5016 Tennyson Pkwy – Plano, TX 75024 – (972) 781-0808
- A R Schell and Son Agency
1001 E 15th St #100 – Plano, TX 75074 – (469) 609-8156
- GEICO Insurance Agent
1729 N Central Expy Suite A – Plano, TX 75075 – (972) 509-5600
How to find the cheapest insurance for immigrants
It is possible to find better rates, and here are some of the better penny-pinching ideas that can help Texas drivers get lower-cost auto insurance.
- Accidents can significantly increase rates
- Buy your auto and home insurance from the same company and save
- Don’t have frequent claims
- Speeding tickets and other violations increase rates
- Do not pay for full coverage if not needed
- The safer your car, the less it costs to insure
- Compare prices frequently to find the best deal
The last item on the list is highly significant, as was discussed in this piece. Car insurance prices fluctuate constantly, so don’t hesitate to switch carriers if you find a cheaper price.
Having brand loyalty is commendable, but it isn’t a good idea if that stubbornness costs you a lot of money every month. Now is a great time to shop around to find cheaper insurance for immigrants in Plano.