Who Has Cheap Plano Auto Insurance Rates for Unemployed Drivers?

One of the many factors that determine the amount you pay for auto insurance is your address in Plano. Larger areas will most likely pay more, whereas areas with lower crime rates and fewer weather claims can boast about having cheaper rates.

The information below ranks the most expensive cities in Texas for unemployed drivers to buy an auto insurance policy in. Plano ranks #22 with a yearly cost of $1,560 for the average insured, which is around $130 each month.

How much is car insurance in Plano?
Rank City Average Per Year
1 McAllen $1,936
2 Brownsville $1,927
3 Dallas $1,893
4 Laredo $1,889
5 Amarillo $1,858
6 Houston $1,853
7 Mesquite $1,825
8 Pasadena $1,794
9 Garland $1,778
10 Grand Prairie $1,757
11 San Antonio $1,739
12 Irving $1,736
13 Beaumont $1,720
14 Arlington $1,692
15 Fort Worth $1,670
16 Lubbock $1,665
17 Corpus Christi $1,620
18 Carrollton $1,615
19 Austin $1,610
20 El Paso $1,584
21 McKinney $1,561
22 Plano $1,560
23 Waco $1,537
24 Killeen $1,518
25 Abilene $1,499
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Rate quotes are comparative as the specific area where the vehicle is garaged can change coverage rates significantly.

The type of vehicle you are insuring is a significant factor when comparing the most affordable auto insurance for unemployed drivers. Vehicles with high performance, poor crash test ratings, or a high likelihood of having liability claims will cost quite a bit more to insure than more economical and safe models. The next table showcases car insurance rates for some of the most cost-effective vehicles to buy insurance for.

Cheapest Vehicles to Insure in Plano, TX
Make and Model Estimated Cost for Full Coverage
Honda Accord EX 4-Dr Sedan $1,009
Honda CR-V LX 2WD $1,015
Hyundai Elantra GLS Touring Station Wagon $1,009
Toyota Prius $1,018
Ford Escape Limited 2WD $1,031
Ford Fusion S 4-Dr Sedan $1,087
Chevrolet Malibu LS $1,096
Toyota RAV4 Limited 2WD $1,087
Toyota Tacoma Double Cab TRD Sport Package 4WD $1,109
Honda Civic LX 4-Dr Sedan $1,128
Toyota Corolla XLE $1,148
Ford F-150 XLT Super Cab 2WD $1,171
Ford Explorer Eddie Bauer 2WD $1,179
GMC Sierra SLE Crew Cab 2WD $1,191
Volkswagen Jetta LE 4-Dr Sedan $1,200
Jeep Wrangler Unlimited Sahara 2WD 4-Dr $1,219
Hyundai Sonata SE 4-Dr Sedan $1,228
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Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Rates do not factor in specific garaging location which can affect rates noticeably.

Looking at the rates, we can expect models like the Honda Accord, Honda CR-V, and Hyundai Elantra will be some of the less-costly vehicles to insure for the unemployed.

How accidents and violations affect rates in Plano

The best way to earn good auto insurance premiums in Plano for the unemployed is to drive cautiously and maintain a clean driving record. The information below illustrates how violations and at-fault claims influence insurance prices for different age groups. The data assumes a single male driver, full coverage, $500 deductibles, and no discounts are applied to the premium.

In the previous example, the average cost of a car insurance policy in Texas per year with a clean driving record and no accidents is $2,393. Get one speeding ticket and the average cost hikes up to $2,701, an increase of $308 each year. Then add one accident along with the one speeding ticket and the yearly cost of auto insurance for unemployed drivers increases to an average of $3,563. That’s an increase of $1,170, or $97 per month, just for not maintaining a clean driving record!

Best auto insurance in Texas

Picking the top car insurance provider can be difficult considering how many companies sell coverage in Plano. The company information below may help you choose which insurers you want to consider when buying insurance for unemployed drivers.

The ratings below are for companies with a nationwide focus, so smaller companies that only insure vehicles in Texas will not be included in these rankings. To get price quotes and find cheaper insurance for unemployed drivers, simply click here.

Top 10 Major Auto Insurers in Plano Ranked by A.M. Best Rating

  1. Travelers – A++
  2. USAA – A++
  3. GEICO – A++
  4. State Farm – A++
  5. Titan Insurance – A+
  6. Esurance – A+
  7. Progressive – A+
  8. The Hartford – A+
  9. Allstate – A+
  10. Nationwide – A+

Top 10 Major Auto Insurers in Plano Ranked by Customer Service

  1. USAA
  2. Travelers
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Safeco Insurance
  7. Progressive
  8. State Farm
  9. The Hartford
  10. The General

Don’t make the mistake of not shopping around

Plano auto insurance rates are calculated based on many things that will increase or decrease the cost of coverage. Turning one year older, moving across town, or getting a ticket for careless driving may prompt premium changes resulting in some rates now being more affordable than others.

And not only may your rating factors change, but companies file new rates at least once a year in order to be able to pay unexpected claims. Significantly higher losses may result in more expensive prices, while a better loss history can produce cheaper Plano car insurance rates.

To illustrate this point, the data below shows the companies that have the cheapest car insurance in Plano, TX for a 45-year-old female driver with no accidents or violations, and good credit. Based on her current risk factors, Travelers quotes the best car insurance rates in Plano at $1,125 each year. This is $779 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also included in the top five cheapest Plano, TX auto insurance companies.

The example below compares rates after we give the driver from the first rate comparison an at-fault accident, a little lower credit rating, and an imperfect driving record. Due to the fact that each insurance company has a proprietary formula for setting rates, analyzing rates may result in a new list of affordable Plano car insurance companies as shown below.

State Farm now has the cheapest price in Plano with Mercury, USAA, Nationwide, and Safe Auto now being in the top five. This illustrates why Texas drivers need to perform a complete rate comparison to get the cheapest auto insurance rates for unemployed drivers.

Auto insurance prices can be altered by many things and can change substantially, so the best option a year ago may now be priced much higher than other options.

If you aren’t sure which coverage you need and prefer to have some advice when buying car insurance for the unemployed, the agencies below are willing to provide answers to your questions and help you determine which coverage meets your needs best.

To find a Plano insurance agency near you, click the button after the list or click here to compare prices now.

View map of Plano, TX insurance agents