The words “affordable” and “auto insurance” probably shouldn’t be used in the same sentence, specifically when you are searching for the lowest insurance prices for felons. Let’s teach you a few of the things that determine car insurance premiums, and find a few ways to cut the cost of the next policy you buy.
Deciphering which company quotes the most affordable car insurance rates for felons will require more work in order to find the best price. Each company uses their own method for setting prices, so we will examine the most competitive car insurance companies in Texas.
It’s a good idea to be aware that Fort Worth, TX car insurance rates are based on many factors that can increase the price of your policy. Simply improving your credit, buying higher coverage limits, or getting into an accident may cause policy rate changes that can cause some rates to be more affordable than others.
Find the Cheapest Auto Insurance for Felons
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,117 |
| 3 | Texas Farm Bureau | $1,211 |
| 4 | Germania Mutual | $1,256 |
| 5 | Esurance | $1,379 |
| 6 | California Casualty | $1,382 |
| 7 | Mercury | $1,461 |
| 8 | State Farm | $1,465 |
| 9 | Nationwide | $1,538 |
| 10 | Safe Auto | $1,613 |
| 11 | Allstate | $1,667 |
| 12 | Progressive | $1,698 |
| 13 | Amica | $1,775 |
| 14 | GEICO | $2,072 |
| 15 | Home State | $2,155 |
| 16 | MetLife | $2,183 |
| 17 | Encompass | $2,255 |
| 18 | Unitrin | $2,333 |
| 19 | 21st Century | $2,396 |
| 20 | Titan | $2,672 |
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Travelers generally has some of the most affordable car insurance rates in Fort Worth at around $1,010 annually. This is $894 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the cut as some of the cheaper Fort Worth, TX car insurance companies.
As shown in the rates above, if you are a customer of Germania Mutual and switched to USAA, you could see yearly savings of upwards of $139. Customers with Esurance may save as much as $262 a year, and California Casualty policyholders might see rate reductions of $265 a year.
To see if your current coverage is too expensive, click here to get quotes or visit any of the companies below.
These premium estimates are averages for all types of insureds and vehicles and are not factoring in a specific location for felons. So the auto insurance company that can offer you the lowest price may not even be in the list above. That underscores the importance of why you need to compare prices as often as possible using your own personalized driver profile and vehicle information.
The car, truck, or SUV you are buying coverage for is a large consideration that determines the availability of cheap coverage for felons. Vehicles with limited top-end speed, modern passenger safety features, or low incidents of liability claims will cost significantly less to insure than adrenaline junky models. The next list outlines auto insurance rates for a handful of the cheapest vehicles to insure.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX-L 4WD | $898 |
| Jeep Wrangler Sahara 4WD 2-Dr | $985 |
| Ford Escape XLT 4WD | $1,021 |
| Toyota Tacoma 2WD | $1,023 |
| Toyota Camry LE | $1,042 |
| Jeep Grand Cherokee Laredo 4WD | $1,052 |
| Toyota RAV4 Limited 4WD | $1,042 |
| Honda Odyssey LX | $1,057 |
| Dodge Grand Caravan Crew | $1,063 |
| Toyota Prius | $1,069 |
| Hyundai Elantra SE Touring Station Wagon | $1,076 |
| Ford Explorer XLT AWD | $1,080 |
| Ford Edge SE 2WD | $1,093 |
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Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Price information does not factor in specific Fort Worth, TX garaging location which can change premium rates greatly.
Based on these rates, makes and models like the Honda CR-V, Jeep Wrangler, and Ford Escape will be some of the most economical vehicles to insure for felons.
Discount Fort Worth car insurance
Insurers that sell policies for felons may also provide special discounts that can lower rates by 35% or more if you meet specific criteria. A list of companies and some of the discounts are:
- Progressive may include discounts for good student, homeowner, online signing, multi-policy, multi-vehicle, online quote discount, and continuous coverage.
- SAFECO offers premium reductions for accident prevention training, bundle discounts, teen safety rewards, teen safe driver, anti-theft, multi-car, and homeowner.
- American Family policyholders can earn discounts including multi-vehicle, Steer into Savings, good student, good driver, and mySafetyValet.
- MetLife has discounts for multi-policy, accident-free, claim-free, good driver, defensive driver, good student
- GEICO may offer discounts for good student, air bags, five-year accident-free, driver training, anti-lock brakes, and military active duty.
- The Hartford has savings for air bag, vehicle fuel type, defensive driver, bundle, anti-theft, good student, and driver training.
The illustration below shows the difference between insurance premiums with and without discounts applied to the premium. The premiums assume a female driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with marriage, defensive driving course, anti-theft, homeowner, safe-driver, and claim-free discounts applied. When discounts are applied, the average savings per year on car insurance for felons is 28% or $517.
Should you buy full coverage?
Finding the cheapest car insurance is important to the majority of people, and one common way to find cheaper insurance for felons is to only pay for liability coverage. The chart below shows the comparison of insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. Data assumes a clean driving record, no claims, $1,000 deductibles, drivers are single, and no discounts are applied.
If the expense is averaged for all age categories, comp and collision coverage costs an additional $1,598 per year more than just buying liability only. Many of you may wonder when is the right time to remove full coverage. There is no set rule to exclude full coverage on your policy, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.
There are some circumstances where removing full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not opt for liability only.
How to find cheaper car insurance for felons
Here are some of the recommended money-saving suggestions that can help Texas drivers locate low-cost car insurance.
- Higher credit scores can equal lower rates
- Increase your physical damage deductibles
- Be a safe driver
- Having at-fault accidents will increase rates
- Buy vehicles with good safety ratings
- Comparison shop at least every other year
That last tip is especially important, as was noted in this write-up. Auto insurance prices in Fort Worth vary greatly, so drivers shouldn’t be resistant to change to a new company if a cheaper rate is available.
Many consumers stick with the same company and that’s fine, but it’s not a great idea if that dedication is costing money that could be spent on other things. Take a couple minutes and compare rates and find cheaper auto insurance for felons.