Who Has Affordable Houston Auto Insurance Quotes for Real Estate Agents?

The words “low-cost” and “insurance” really shouldn’t be used in the same sentence, in particular when trying to find the cheapest coverage for real estate agents. Because it’s so expensive, let’s get started by showing you a few of the factors that influence car insurance prices, and figure out some ways to take the bite out of the next policy you buy.

The vehicle model on the policy is a large factor in finding the most economical coverage for real estate agents. Vehicles with lower performance, modern passenger safety features, or a track record of few liability claims will cost significantly less to insure than higher performance models. The next list estimates coverage premiums for a number of the more affordable automobiles to buy insurance for.

Cheapest Vehicles to Insure in Houston, TX
Make and Model Estimated Cost for Full Coverage
Ford Escape XLS 4WD $1,131
Ford F-150 XL Super Cab 4WD $1,272
Toyota RAV4 Sport 2WD $1,342
Honda CR-V LX 2WD $1,390
Honda Odyssey EX-L $1,412
Toyota Camry XLE $1,422
Toyota Prius $1,436
Kia Optima LX $1,438
Honda Accord EX 2-Dr Coupe $1,509
GMC Sierra SL Extended Cab 2WD $1,542
Chevrolet Silverado 3500HD LT Crew Cab Diesel 2WD $1,559
Dodge Grand Caravan Crew $1,569
Chevrolet Malibu LT $1,575
Toyota Tacoma Double Cab 4WD $1,569
Jeep Wrangler Unlimited Sahara 2WD 4-Dr $1,591
Ford Focus SE 4-Dr Sedan $1,615
Chevrolet Impala LS $1,623
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Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Rate information does not factor in vehicle garaging location which can influence rates noticeably.

Based on these rates, you can see that models like the Ford Escape, Ford F-150, Toyota RAV4, Honda CR-V, and Honda Odyssey will definitely be the most affordable vehicles to insure for realtors.

Determining which companies quote the cheapest insurance rates for real estate agents involves a little more work in order to find the lowest price. Every car insurance company uses their own formula for filing rates in each state, so we need to take a look at the overall cheapest insurance companies in Texas.

It’s a good idea to be aware that Houston insurance rates are based on many factors that control the price of coverage. Turning one year older, moving to a new city, or getting a driving violation can cause premium changes that can now make some companies cheaper than before.

Cheapest Insurance Rates for Realtors

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Cheapest auto insurance in Texas ranked by cost per year
Rank Company Cost Per Year
1 Travelers $1,021
2 USAA $1,084
3 Texas Farm Bureau $1,211
4 Germania Mutual $1,256
5 Esurance $1,365
6 California Casualty $1,424
7 State Farm $1,465
8 Mercury $1,476
9 Nationwide $1,553
10 Safe Auto $1,565
11 Progressive $1,664
12 Allstate $1,667
13 Amica $1,723
14 Home State $2,092
15 GEICO $2,093
16 MetLife $2,161
17 Unitrin $2,241
18 Encompass $2,255
19 21st Century $2,469
20 Titan $2,594
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Travelers normally has some of the lowest car insurance rates in Houston at around $1,021 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the most economical Houston, TX auto insurance companies.

As shown in the rates above, if you have coverage with Texas Farm Bureau and switched to Travelers, you might achieve a yearly price reduction of roughly $190. Drivers with Germania Mutual could save as much as $235 a year, and Esurance customers might lower prices by up to $344 a year.

To get a quick, customized rate comparison, click here to start a quote or quote prices from the following companies.

Remember that these premium estimates are averaged for all types of drivers and the different vehicles they drive and are not factoring in a specific location for real estate agents. So the auto insurance company that is best suited for you may not even be in the top 23 companies shown above. That helps illustrate why you need to get auto insurance quotes using your own personal information and vehicle type.

Rate difference between full and liability-only coverage

Finding cheaper insurance is important to most people, and one easy way to find cheaper insurance for real estate agents is to only buy liability coverage. The chart below illustrates the comparison of insurance premiums with full physical damage coverage compared to only buying the minimum liability limits required in Texas. Data assumes no claims or driving violations, $500 deductibles, single marital status, and no policy discounts are applied.

As an overall average, physical damage coverage on your policy costs an additional $2,393 per year more than just buying liability insurance. Lot’s of drivers question if physical damage coverage is worth the money. There is no clear-cut formula for excluding physical damage coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost minus the deductible, then it may be the right time to buy liability only.

For example, let’s assume your vehicle’s claim settlement value is $10,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $9,000 after paying your deductible. If you are paying more than $900 a year to have full coverage, then you may want to consider only buying liability coverage.

How to get discounts on Houston auto insurance

Cheaper Houston, TX insurance for realtorsAuto insurance companies that provide policies for real estate agents may also provide price discounts that could reduce prices by 35% or more if you can meet the requirements. Popular insurance companies and the discounts they provide are outlined below.

The chart below shows the difference between insurance rates with and without discounts applied to the premium. The prices are based on a male driver, no violations or accidents, Texas state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows the average rate with no discounts. The second shows the rates with claim-free, homeowner, passive restraint, safe-driver, anti-theft, and multiple policy discounts applied. When these discounts are applied to the policy premium, theaverage amount saved on insurance for real estate agents is 28% or $599.

Selecting a highly-rated insurance company can be challenging considering how many companies there are in Texas. The ranking information displayed below may help you pick which auto insurance companies you want to consider comparing prices from.

These rankings are only made up of companies that write coverage in many states, so companies that only write business in Texas or surrounding areas are not taken into consideration for these rankings. To compare rates from these and other top-rated companies, click this link.

Top 10 Major Auto Insurance Companies in Houston Ranked by Claims Service

  1. Travelers
  2. Nationwide
  3. Allstate
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. Titan Insurance
  10. AAA Insurance

Ideas for buying cheaper car insurance for real estate agents

It is possible to find better rates, and here are some penny-pinching suggestions that can help drivers locate cheaper auto insurance.

The last tip in the list is extremely valuable, as we noted in the prior article. Coverage rates change a lot, so you should be ready to buy from a different company if you can save money. Many drivers tend to have loyalty to a certain company, but is isn’t recommended if that inflexibility results in costing you hundreds of dollars a year. It only take a few minutes to shop around and find cheaper insurance for real estate agents in Houston.

The Houston car insurance agencies listed below can probably help you decide which auto insurance policy fits you best, since some people have coverage questions and would like to have a consultation when buying car insurance for realtors. It’s not always easy to find the cheapest car insurance policy, so using a licensed agent can provide you satisfaction knowing you have adequate coverage when you need it most.

To find a Houston insurance agent close to you, click the link at the bottom.

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