The words “low-cost” and “auto insurance” really don’t belong together, especially when trying to find the best price on coverage for a learners permit. To help control this cost, let’s go over a few of the factors that have an effect on auto insurance prices, and find a few ways to take a little off the next policy you buy.
One of the more important considerations that aid in calculating the amount you pay each year for auto insurance is where you live. Cities with more crime and/or more people will most likely have higher rates, whereas areas with less congestion receive better rates.
The illustration below sorts the most expensive places in Texas for a learners permit in which to buy car insurance. Fort Worth is ranked #16 with a yearly premium of $1,653 for the average insured, which is around $138 each month.
|Rank||City||Premium Per Year|
|Find Cheaper Rates Go|
Premium costs are approximated as the specific geographic location can modify coverage rates noticeably.
Determining which company offers the lowest-priced insurance rates for a learners permit will take a little more effort than just comparing rates from one or two companies. Each auto insurance company uses their own formula to set policy rates, so let’s look at the rankings for the lowest cost insurance companies in Fort Worth, TX.
Lowest Insurance Price Quotes in Texas
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,211|
|Find Your Rate Go|
Travelers may offer some of the most affordable car insurance rates in Fort Worth at around $1,010 a 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 are also some of the cheapest Fort Worth, TX car insurance companies.
In the rate table above, if you have coverage with Germania Mutual and switched to USAA, you could see an annual premium reduction of in the vicinity of $198. Policyholders with California Casualty could save as much as $312 a year, and Esurance policyholders might lower prices by up to $323 a year.
It’s important to note that these policy rates are averaged for all drivers and vehicles and do not factor in a vehicle location for a learners permit. So the auto insurance company that can offer you the best rate may not even be in the top 23 companies shown above. That is why you need to get auto insurance quotes using your own individual information.
The vehicle model you are insuring is one of the biggest factors when trying to find the best coverage for a learners permit. Vehicles with lots of speed or power, poor safety ratings, or a track record of large liability claims will cost significantly more to insure than safer models. The next list shows insurance costs for some of the more affordable vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$3,685|
|Honda CR-V EX-L 2WD||$3,721|
|Jeep Wrangler Sahara 4WD 2-Dr||$4,138|
|Dodge Grand Caravan SE||$4,147|
|Ford F-150 XL Regular Cab 4WD||$4,138|
|Honda Odyssey EX||$4,335|
|Ford Focus S 4-Dr Sedan||$4,342|
|Ford Edge SEL AWD||$4,335|
|Toyota RAV4 Sport 4WD||$4,372|
|Nissan Altima 2.5 4-Dr Sedan||$4,378|
|Chevrolet Malibu LS||$4,372|
|Toyota Tacoma Double Cab 4WD||$4,377|
|Ford Explorer Limited AWD||$4,408|
|Dodge Ram Quad Cab ST 2WD||$4,501|
|Hyundai Elantra Blue 4-Dr Sedan||$4,569|
|Chevrolet Impala LTZ||$4,605|
|Toyota Corolla LE||$4,614|
|Toyota Camry XLE||$4,605|
|Volkswagen Jetta SEL 4-Dr Sedan||$4,642|
|Chevrolet Silverado 2500HD LT Crew Cab 4WD||$4,651|
|Chevrolet Equinox LTZ AWD||$4,642|
|Jeep Grand Cherokee Limited 2WD||$4,649|
|Get a Custom Quote Go|
Data based on single female 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. Premium amounts do not factor in vehicle location which can lower or raise premiums considerably.
Based on these rates, you can conclude that cars like the Ford Escape, Honda CR-V, Toyota Prius, Jeep Wrangler, and Dodge Grand Caravan are likely to be some of the more affordable vehicles to insure for new drivers. Prices will be higher anyway just because there is more liability exposure for a learners permit, but generally speaking those makes and models will most likely have the cheapest auto insurance rates compared to all other vehicles.
The information below shows how different deductible levels can change insurance rates when researching cheap insurance for a learners permit. The data is based on a married male driver, full coverage, and no discounts are applied.
As shown above, a 50-year-old driver could save $264 a year by increasing from a $100 deductible up to a $500 deductible, or save $402 by using a $1,000 deductible. Young drivers, like the Age 20 category, could lower their rates $884 or even more by choosing a larger deductible amount.
If you do make the decision to raise your deductibles, it will be required to have additional funds squirreled away to satisfy the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.
Which insurance company is best in Fort Worth?
Selecting the best insurance provider is difficult considering how many companies there are to choose from in Fort Worth. The ranking information below could help you pick which auto insurers to look at when trying to find cheaper insurance for a learners permit.
These rankings only include large nationwide companies, so smaller regional companies are not taken into consideration for the list. To compare prices from these and other companies in Texas, simply click here.
Top 10 Large Car Insurance Companies in Fort Worth Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Top 10 Large Car Insurance Companies in Fort Worth Ranked by Customer Service
- Mercury Insurance
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Don’t make the mistake of not shopping around
Fort Worth insurance rates are impacted by many factors that can increase the cost of a policy. Getting older, moving to a different location, or getting a ticket for careless driving may cause policy rate changes that can make some companies more affordable than others. In addition, insurance companies modify rates without warning to adjust for heavy claims or excess profits. Unexpectedly high claims can result in high rates, while better underwriting may cause cheaper Fort Worth car insurance rates.
As an example, the graph below shows a variety of companies that have the cheapest car insurance in Fort Worth, TX for a 35-year-old female driver with no accidents or violations, and excellent credit. If we compare prices based on her current situation, Travelers may offer the most affordable car insurance rates in Fort Worth at $1,157 each year. This is $747 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are the remaining top five cheapest Fort Worth, TX auto insurance companies.
In this example, we will give the driver in the first chart a claim or two, a lower credit rating, and a couple of points charged on her driving record. Since each company has a different formula for determining prices, comparing insurance quotes could result in a different ranking of the cheapest companies as shown below.
State Farm now has the best price on car insurance in Fort Worth, TX with USAA, Mercury, Nationwide, and Safe Auto also having competitive pricing. This shows why consumers need to take the time to compare lots of rates to get the best car insurance quotes for a learners permit.
Insurance rates can be altered by many different factors and can decrease or increase without notice, so the best option the last time you compared rates may now cost much more than other companies.
How to find more affordable auto insurance for a learners permit
Here are some money-saving ideas that can help Texas drivers quote more affordable car insurance.
- Buy vehicles with good safety ratings
- Insure your home and auto with the same company
- Full coverage is expensive so only insure older vehicles for liability only
- Drive attentively and avoid accidents
- Increase your credit score
- Shop your coverage around for the best deal
The last tip is remarkably crucial, as we noted in this article. Prices in Fort Worth adjust often, so drivers shouldn’t be resistant to switch companies if a better deal can be had.
Loyalty to a specific company is fine, but we do not recommend it if that inflexibility results in costing you a fortune every year. It only takes a couple minutes to shop around to find cheaper insurance for a learners permit.
The insurance agencies listed below can most likely help you decide which auto insurance coverages would be the best in your situation, as some drivers aren’t sure which coverage they need and prefer to get some help when buying car insurance for new drivers. It can be hard to find the best coverage yourself, so agents can add satisfaction knowing your coverage gives you adequate protection in the event of a claim. To find a Fort Worth insurance agent near you, click the button at the bottom.
Woods Insurance Agency
2740 Western Center Blvd #504 – Fort Worth, TX 76131 – (817) 232-1580
Doc Jackson Insurance Agency
3305 Miller Ave – Fort Worth, TX 76119 – (817) 535-5000
Earl Wood – State Farm Insurance Agent
2900 S Hulen St #50 – Fort Worth, TX 76109 – (817) 922-9300