Who Has the Cheapest Auto Insurance for Teenage Males in Houston?

The vehicle model you are trying to insure is one of the biggest factors that determines whether or not you find cheaper car insurance for teenage males. Vehicles with more horsepower, a lack of advanced safety features, or high incidents of liability claims will cost more to insure than more economical and safe models. The information below presents coverage rates for the most affordable automobiles to insure.

Prices above based on single male driver age 16, 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 garaging location in Houston, TX which can influence auto insurance rates significantly.

Looking at the data, you can infer that vehicles like the Honda CR-V, Ford Escape, and Toyota Prius should be the most economical vehicles to insure for teen boys. Auto insurance rates will trend higher because of the fact that there is more claim exposure for teenage males, but in general those particular vehicles will have the cheapest rates available.

For teen boys, one of the largest factors that aid in calculating the annual cost of car insurance is where your car is garaged. Regions with larger populations or more claims will most likely have higher rates, whereas areas with less crime or weather claims profit from lower rates.

The information below shows the most expensive places in Texas for teenage males to purchase a policy in. Houston shows up at #4 costing $1,853 for the average policyholder, which is around $154 each month.

Rate information is estimated as zip code location can decrease or increase coverage rates considerably.

Safe drivers Houston pay cheaper rates

The recommended way to enjoy the best car insurance rates for teen boys is to drive safely and avoid accidents and traffic violations. The illustration below highlights how traffic violations and accident claims raise insurance costs for each age group. The premiums are based on a married female driver, full coverage, $500 deductibles, and no discounts are applied.

The data in the chart shows the average cost of car insurance in Texas per year with no accidents or violations is $1,380. Receive two speeding tickets and the average cost swells to $1,955, an increase of $575 each year. Now get two accidents along with the two speeding tickets and the annual cost of car insurance for teenage males jumps again to an average of $4,203. That’s an increase of $2,823, or $235 per month, just for not driving responsibly!

The information below demonstrates how choosing different deductibles can change insurance rates when researching cheap insurance for teenage males. The rates are based on a single male driver, comp and collision included, and no discounts are factored in.

In the chart above, a 40-year-old driver could save $440 a year by changing from a $100 deductible up to a $500 deductible, or save $660 by selecting a $1,000 deductible. Even younger drivers, like the Age 20 category, could potentially save as much as $1,446 or even more just by choosing higher deductibles when buying full coverage. If you do decide to increase your deductibles, it is a good idea to have enough savings set aside to allow you to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.

Discount Houston car insurance

Insurance providers that provide policies for teenage males may also offer discounts that could reduce prices by 30% or more if you meet certain criteria. A few of the larger companies and some of the discounts are included below.

• American Family may offer discounts for good student, defensive driver, air bags, accident-free, and multi-vehicle.
• Farm Bureau may have discounts that include 55 and retired, multi-policy, good student, youthful driver, renewal discount, multi-vehicle, and safe driver.
• State Farm has discounts for good student, Drive Safe & Save, student away at school, multiple autos, passive restraint, and defensive driving training.
• Travelers may include discounts for multi-car, hybrid/electric vehicle, new car, driver training, IntelliDrive, good student, and save driver.
• The Hartford offers premium reductions for driver training, anti-theft, defensive driver, bundle, air bag, good student, and vehicle fuel type.
• GEICO has savings for five-year accident-free, multi-vehicle, military active duty, anti-theft, and good student.
• Progressive offers discounts for online signing, multi-policy, online quote discount, multi-vehicle, good student, homeowner, and continuous coverage.

The example below illustrates the difference between car insurance rates with and without discounts applied to the rates. The information is based on a male driver, no claims, a clean driving record, Texas state minimum liability limits, full physical damage coverage, and $250 deductibles.

The first bar for each age group shows premium with no discounts. The second bar shows the rates with paperless filing, paid-in-full, anti-theft, continuous coverage, good student, and vehicle safety discounts applied. When drivers take advantage of discounts, the average amount saved each year on car insurance for teenage males is 28% or $729.

Don’t make the mistake of not shopping around

Houston car insurance rates are impacted by many factors that can increase the price you have to pay. Simply turning a year older, getting married, or getting a driving violation may generate price changes resulting in some companies being more affordable than others. Not only may your risk profile change, but insurers file new Texas auto insurance rates multiple times each year to adjust for gains or losses. Unexpectedly high claims may result in increased rates, while a better loss history may result in lower-cost Houston car insurance rates.

To illustrate this example, the chart below compares the cheapest car insurance in Houston, TX for a 40-year-old male driver with no accidents, a clean driving record, and great credit. When quoting prices based on his current rating profile, Travelers has the lowest car insurance rates in Houston at $1,310 per year. This is $594 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the remaining top five cheapest Houston, TX auto insurance companies.

The chart below compares rates after we give the driver in the first chart a claim or two, a lower credit score, and a stop sign violation. Since each company uses their own method to set policy rates, getting updated rate quotes may now show a completely different list of the cheapest Houston car insurance companies as shown below.

State Farm now has the best price on car insurance in Houston with Mercury, USAA, Safe Auto, and Nationwide now being in the top five. This example demonstrates why consumers need to perform a complete rate comparison when trying to get the cheapest auto insurance rates for teenage males.

Rates consist of many factors and can increase or decrease at any time, so the best option two years ago may now be one of the more expensive options.