Who Has Cheap Auto Insurance for Homeowners in Fort Worth?

Wouldn’t it be easy if we could instantly tell you the single company that has the cheapest rates for homeowners? Regrettably, it’s not quite that easy, as there are a whole slew of unknowns such as if you have a spouse, if you own or rent your home, the vehicle you drive, and what deductibles you want to use, that all impact the price you pay. The content below covers the best ways to maintain low rates and will give you some help in finding cheaper rates.

The make and model of vehicle needing coverage is probably the largest consideration that determines whether or not you find the most economical car insurance for homeowners. Vehicles with lower performance, a great safety record, or a low likelihood of liability claims will cost much less to insure than fast, unsafe models.

The next table outlines car insurance costs for a number of the cheaper automobiles to buy coverage for.

Cheapest Vehicles to Insure in Fort Worth, TX
Vehicle Estimated Cost for Full Coverage
Ford Escape XLT 2WD $884
Honda CR-V EX-L 2WD $903
Ford Explorer Eddie Bauer 2WD $993
Toyota Tacoma 4WD $1,000
Dodge Grand Caravan Hero $1,046
Nissan Altima 2.5 4-Dr Sedan $1,052
Hyundai Sonata GLS 4-Dr Sedan $1,121
Toyota Prius $1,128
Chevrolet Equinox LTZ 2WD $1,123
GMC Sierra 2500HD SLT Crew Cab 4WD $1,177
Hyundai Elantra SE Touring Station Wagon $1,181
Chevrolet Silverado 3500HD LTZ Crew Cab Diesel 2WD $1,217
Ford F-150 XLT Regular Cab 4WD $1,224
Chevrolet Malibu LT $1,222
Honda Odyssey EX $1,258
Ford F-250 XLT Crew Cab Turbo Diesel 2WD $1,271
Jeep Grand Cherokee Limited 4WD $1,286
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Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Estimates do not factor in specific location which can decrease or increase rates significantly.

Based upon the rates shown, we can presume that cars like the Ford Escape, Honda CR-V, Ford Explorer, Toyota Tacoma, and Dodge Grand Caravan are most likely to be the most budget-friendly vehicles to insure for people who own their homes.

One of the more important things that are looked at to help calculate auto insurance rates is where your residence is in Fort Worth. Areas with more people or higher crime rates tend to have more expensive auto insurance rates, whereas areas with less congestion tend to receive cheaper rates.

The information below shows the most expensive cities in Texas for homeowners to purchase a policy in. Fort Worth makes the list at #17 with an annual premium of $1,653 for the average insured, which is approximately $138 monthly.

How much does car insurance cost in Fort Worth, TX?
Rank City Premium Per Year
1 McAllen $2,016
2 Brownsville $1,927
3 Dallas $1,893
4 Laredo $1,889
5 Amarillo $1,840
6 Houston $1,835
7 Garland $1,832
8 Irving $1,789
9 Mesquite $1,753
10 Grand Prairie $1,740
11 Pasadena $1,740
12 Arlington $1,709
13 Beaumont $1,702
14 Lubbock $1,682
15 Austin $1,676
16 San Antonio $1,671
17 Fort Worth $1,653
18 Carrollton $1,647
19 Corpus Christi $1,636
20 El Paso $1,632
21 McKinney $1,609
22 Waco $1,584
23 Plano $1,576
24 Abilene $1,545
25 Killeen $1,488
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Rate information is approximated as the specific zip code location can decrease or increase insurance rates greatly.

Locating affordable car insurance is difficult, and finding out which companies offer the cheapest car insurance rates for homeowners takes a bit more work. Every insurance provider uses a little different formula for determining rates in each state, so let’s take a look at the car insurance companies with the overall best prices in Fort Worth, TX.

It’s a good idea to be aware that Fort Worth car insurance rates are based on many factors which can substantially decrease or increase the price of coverage. That is why Texas drivers need to spend some time comparing rates when trying to find the lowest auto insurance rates for homeowners. Insurance prices are made up of many different factors and can change without notice, so the best company the last time you compared rates may now be priced much higher than other options.

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Travelers has some of the lowest car insurance rates in Fort Worth at around $1,041 annually. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are also some of the more affordable Fort Worth, TX car insurance companies.

In the above example, if you have coverage with Germania Mutual and switched to Travelers, you could see savings of upwards of $215. Policyholders with California Casualty could save as much as $341 a year, and Esurance insureds might lower prices by $366 a year.

To get a quick, customized rate comparison, click here to get a free quote or visit any of the low-priced companies below.

Remember that these estimates are averages across all insureds and vehicles and do not factor in an exact location for homeowners. So the company that is best suited for you may not even be in the top 23 companies shown above. That affirms the importance of why you need to get rate quotes from many companies using your own personal information and vehicle type.

Impact of speeding/accidents on car insurance rates

The ideal way to get good car insurance premiums in Fort Worth for people who own their homes is to drive attentively and avoid accidents and violations. The information below illustrates how traffic citations and accidents can impact premium costs for different age groups of insureds. The premiums are based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are taken into consideration.

In the previous example, the average cost of car insurance per year with no accidents and a clean driving record is $1,807. Get two speeding tickets and the average cost rises to $2,482, an increase of $676 each year. Then include one accident along with the two speeding tickets and the yearly cost of car insurance for homeowners goes up to an average of $3,183. That’s an increase of $1,376, or $115 per month, just for not being attentive to the road!

Discounts on Fort Worth car insurance

Discounts on car insurance for homeownersCar insurance companies that provide coverage for homeowners may have discounts that may potentially lower prices by as much as 30% if you meet specific eligibility requirements. The best car insurance companies and a selection of discounts are detailed below.

The information below compares insurance premiums with and without discounts applied to the premium. The premiums are based on a male driver, no violations or claims, Texas state minimum liability limits, full coverage, and $500 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with claim-free, marriage, multiple policy, vehicle safety, accident-free, and passive restraint discounts applied. When drivers qualify for the discounts, the average savings per year on car insurance for homeowners is 28% or $496.

The importance of comparing Fort Worth car insurance rates

Fort Worth car insurance rates are determined by lots of factors which can significantly increase or decrease the policy premium. Simply having another birthday, getting married, or having an accident may cause policy rate changes resulting in some companies being cheaper than competitors. Additionally, insurers change prices as often as every three months to adjust for unexpected claims or profits. Unexpectedly high claims may result in rate hikes, while lower claim levels may result in lower-cost Fort Worth car insurance rates.

The bar chart below shows the cheapest car insurance in Fort Worth, TX for a 35-year-old female driver with no violations or accidents, and solid credit. If we estimate rates based on her current risk factors, Travelers may have the cheapest car insurance rates in Fort Worth at $1,123 per year. This is $781 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are the remainder of the top five cheapest Fort Worth, TX auto insurance companies.

Now we will give the driver from the first set of rates an accident claim, a lower credit score, and a couple of points charged on her driving record. Due to the fact that every auto insurer has their own process to set policy rates, comparing rates could now result in a slightly different list of the cheapest car insurance companies in Fort Worth as shown below.

State Farm now has the lowest price on auto insurance in Fort Worth with Mercury, USAA, Nationwide, and Safe Auto completing the list. This example shows why consumers need to take the time to shop around when trying to get the most economical insurance quotes for homeowners. Rates are impacted by many risk factors and change frequently, so the best price the last time you shopped around may now be an over-priced policy.

How to find low-cost car insurance for homeowners

The list below summarizes some of the recommended money-saving ideas that can help you locate cheaper car insurance.

The last tip in the list is notably necessary, as we emphasized in this write-up. Auto insurance prices in Fort Worth fluctuate constantly, so don’t be hesitant to change to a new company if a lower-cost policy is available. Having a favorite company is fine, but we do not recommend it if that loyalty results in overpaying a lot of money. Take a couple minutes and compare prices to find cheaper car insurance for homeowners.

If you wish to get help from a professional when trying to find lower insurance rates for homeowners, the professional agents shown below can probably help you decide which coverages are best.

To find an auto insurance agency nearest to you, click the button below the list or click here to get price quotes now.

Peter Polinsky Insurance Agency
8751 Camp Bowie W Blvd #124Fort Worth, TX 76116(817) 560-9400

Laura Geninatti – State Farm Insurance Agent
7510 Davis Blvd Ste AFort Worth, TX 76182(817) 281-1191

Armor Texas Insurance Agency
6613 McCart AveFort Worth, TX 76133(817) 332-2066

Rainbow Insurance Agency
2929 Cleburne RdFort Worth, TX 76110(817) 922-8031

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