The words “low-cost” and “insurance” really shouldn’t be used in the same sentence, especially when you are searching for the cheapest auto insurance for teenage males. Because it’s so expensive, let’s get started by showing you some situations that have a considerable impact on car insurance premiums, and come up with some ways to take a little off your next policy.
Deciding which insurers offer the best car insurance rates for teenage males may require more time than just quoting one company’s rates. Each auto insurance company has their own unique process to set policy rates, so we’ll go over the car insurance companies with the most affordable rates in Fort Worth.
It’s a good idea to know that Texas car insurance rates are influenced by many factors which can substantially change the cost of your policy. Simply turning a year older, marrying your spouse, or getting a ticket for careless driving can produce rate changes that can make some companies cheaper in comparison to the competition.
Best Cheap Insurance Rates for Teens
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,247|
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Travelers generally has some of the cheapest car insurance rates in Fort Worth at around $1,052 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also some of the best Fort Worth, TX insurance companies.
As the rates illustrate above, if you currently have coverage with Germania Mutual and switched to USAA, you may realize an annual savings of approximately $177. Drivers with Esurance could save as much as $304 a year, and California Casualty customers might reduce prices by as much as $307 a year.
To see if your current coverage is too expensive, click here to begin a quote or visit any of the companies below.
Understand that those policy rates are averages for all types of drivers and the different vehicles they drive and and are not figured with an exact vehicle garaging location for teenage males. So the car insurance company that is best suited for you may not even be in the list above. That point stresses why you need to get quotes using your own specific driver and vehicle information.
One of the more important factors that are used to help calculate the annual cost of car insurance is your zip code. Areas with increased crime or more people will most likely pay more, whereas areas with less congestion have the luxury of lower rates.
The next table sorts the highest-priced areas in Texas for teenage males to purchase car insurance in. Fort Worth comes in at #16 costing $1,653 for the average policy, which is approximately $138 each month.
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Premium amounts are estimated as the specific geographic location can increase or decrease insurance rates substantially.
The type of vehicle to be insured is a large consideration when looking for the cheapest insurance for teenage males. Vehicles with economical engines, an excellent safety record, or a low likelihood of liability claims will cost significantly less to insure than fast, unsafe models.
The next list ranks coverage prices for a selection of the cheaper automobiles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX 2WD||$4,000|
|Ford Escape XLT 4WD||$4,042|
|Hyundai Elantra SE Touring Station Wagon||$4,305|
|Dodge Grand Caravan SE||$4,484|
|Volkswagen Jetta SE 2.5 Station Wagon||$4,608|
|Ford Edge SEL AWD||$4,704|
|Honda Odyssey EX||$4,711|
|Toyota Tacoma 2WD||$4,704|
|Toyota RAV4 Limited 4WD||$4,747|
|Chevrolet Malibu Hybrid||$4,752|
|Toyota Camry LE||$4,747|
|Chevrolet Impala LT||$4,757|
|Ford Explorer Limited 2WD||$4,790|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$4,962|
|Ford Focus SEL 4-Dr Sedan||$4,965|
|Toyota Corolla S||$5,007|
|Chevrolet Equinox LTZ AWD||$5,050|
|Honda Civic Hybrid 4-Dr Sedan||$5,057|
|GMC Sierra SLE Crew Cab 2WD||$5,050|
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Data variables include single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, and claim-free. Information does not factor in specific garaging location which can alter auto insurance rates considerably.
Based upon the table data, you can assume that cars like the Honda CR-V, Ford Escape, Hyundai Elantra, Toyota Prius, and Dodge Grand Caravan will be a few of the less-costly vehicles to insure for teen boys. The cost of a car insurance policy will be more costly just because there is more claim exposure for teenage males, but overall those particular models will have the cheapest car insurance rates available.
Get discount Fort Worth insurance rates
Auto insurance companies that provide policies for teenage males may also give you rate discounts that may potentially lower prices by as much as 30% if you meet certain criteria. Large car insurance companies and some of their more popular discounts are outlined below.
- State Farm may offer discounts for multiple policy, accident-free, anti-theft, passive restraint, and Steer Clear safe driver discount.
- Farmers Insurance has discounts for homeowner, youthful driver, good student, business and professional, multi-car, and switch companies.
- Progressive has savings for online signing, online quote discount, multi-vehicle, homeowner, and good student.
- GEICO discounts include defensive driver, good student, five-year accident-free, multi-policy, daytime running lights, and air bags.
- Auto-Owners Insurance offers discounts including mature driver, air bags, good student, group or association, and teen driver.
- The Hartford policyholders can earn discounts including good student, bundle, defensive driver, anti-theft, driver training, air bag, and vehicle fuel type.
- Farm Bureau offers premium reductions for multi-policy, youthful driver, multi-vehicle, safe driver, driver training, and good student.
- USAA offers discounts for annual mileage, loyalty savings, vehicle storage, family discount, good student, multi-vehicle, and driver training.
The information below shows the difference between auto insurance costs with and without discounts. The rate quotes are based on a male driver, no tickets, no at-fault accidents, Texas state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with paperless filing, anti-theft, good student, passive restraint, paid-in-full, and vehicle safety discounts applied. When these discounts are applied, theaverage amount saved on car insurance for teenage males is 28% or $957.
The illustration below demonstrates how deductible levels can raise or lower insurance premiums when searching for cheap insurance for teenage males. Data assumes a single male driver, full physical damage coverage, and no discounts are applied.
In the chart above, a 50-year-old driver could cut expenses by $314 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $472 by changing to a $1,000 deductible. Even younger insureds, like the 20-year-old example, could potentially save up to $1,026 or more by using a higher deductible.
When choosing a higher deductible, it’s a good idea to have plenty of savings on hand to allow you to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
Car insurance company ratings
Finding a good quality insurance provider can be rather challenging considering how many different companies there are to choose from in Texas. The company information shown next could help you choose which providers you want to consider shopping your coverage with. The ratings below are only comprised of companies that insure vehicles across America, so companies that have a smaller presence are not taken into consideration for these rankings.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies