How Much are Car Insurance Quotes for Business Use in Houston?

Wouldn’t life be great if we could just give you the name of the best company that has the cheapest car insurance rates for business use? Unfortunately, it’s not that simple as there are many unknown factors like whether you are male or female, what liability limits you need, and if you are a homeowner. In this article, we will cover the best ways to avoid paying too much and hopefully give you enough understanding to have a good start in finding the cheapest car insurance.

For using your car for business, one of the largest things that help determine insurance cost is where you keep your vehicle. Regions with more people or even just more weather-related claims tend to have more expensive auto insurance rates, whereas areas with less people or fewer weather incidents benefit from lower coverage costs.

The illustration below lists the highest-priced areas in Texas for business use to buy an auto insurance policy in. Houston is ranked at #6 with an annual cost of $1,835 for the average insurance policy, which is about $153 each month.

How much is car insurance in Houston?
Rank City Annual Premium
1 McAllen $2,016
2 Amarillo $1,858
3 Brownsville $1,851
4 Laredo $1,851
5 Dallas $1,837
6 Houston $1,835
7 Garland $1,832
8 Mesquite $1,825
9 Pasadena $1,812
10 Grand Prairie $1,811
11 Beaumont $1,772
12 Irving $1,772
13 San Antonio $1,671
14 Lubbock $1,665
15 Austin $1,659
16 Arlington $1,658
17 El Paso $1,632
18 Corpus Christi $1,620
19 McKinney $1,609
20 Plano $1,608
21 Fort Worth $1,604
22 Carrollton $1,598
23 Killeen $1,533
24 Waco $1,522
25 Abilene $1,499
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Rate information is approximated as the specific garaging location can lower or raise rates noticeably.

The make and model of vehicle driven is one of the biggest factors when trying to find economical insurance for business use. Vehicles with more horsepower, poor crash test ratings, or high incidents of liability claims will cost much more to insure than more modest models.

The next list shows car insurance rates for a selection of the most economical vehicles to insure in Texas.

Cheapest Vehicles to Insure in Houston, TX
Vehicle Estimated Cost for Full Coverage
Toyota Prius $1,255
Honda CR-V LX 4WD $1,301
Chevrolet Impala LT $1,342
Dodge Grand Caravan Hero $1,349
Toyota RAV4 Sport 4WD $1,342
Ford Explorer Eddie Bauer AWD $1,368
Honda Odyssey EX-L W/Rear Entertainment $1,412
Ford Escape Limited 2WD $1,424
Chevrolet Equinox LTZ 2WD $1,439
Hyundai Sonata GLS 4-Dr Sedan $1,448
Jeep Wrangler Unlimited Rubicon 4WD 4-Dr $1,484
Toyota Camry Hybrid $1,535
Toyota Tacoma Double Cab 4WD $1,542
GMC Sierra SL Extended Cab 2WD $1,549
Dodge Ram 2500 Crew Cab ST 4WD $1,559
Ford F-150 Lariat Crew Cab 2WD $1,569
Ford Edge SEL AWD $1,615
Toyota Camry XLE $1,622
Chevrolet Silverado 2500HD LTZ Crew Cab 2WD $1,629
Volkswagen Jetta SEL 4-Dr Sedan $1,649
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Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Price estimates do not factor in zip code location which can lower or raise price quotes significantly.

Looking at the numbers, we can assume that makes and models like the Toyota Prius, Honda CR-V, and Chevrolet Impala are a few of the most budget-friendly vehicles to insure for using your car for business. The price for an auto insurance policy will be more expensive because there is more inherent risk for business use, but in general those particular models will probably have the lowest insurance prices compared to all other vehicles.

Finding out which company offers the cheapest car insurance rates for business use will involve a bit more effort in order to find the most economical policy. Each insurer used slightly different criteria for determining rates, so let’s rank the car insurance companies that tend to have lower prices in Houston, TX.

Find the Best Cheap Insurance for Business Use

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What’s the cheapest car insurance in Texas?
Rank Company Cost Per Year
1 Travelers $1,021
2 USAA $1,095
3 Texas Farm Bureau $1,235
4 Germania Mutual $1,294
5 California Casualty $1,396
6 Esurance $1,407
7 State Farm $1,450
8 Mercury $1,506
9 Nationwide $1,553
10 Safe Auto $1,597
11 Allstate $1,650
12 Progressive $1,698
13 Amica $1,705
14 Home State $2,092
15 GEICO $2,093
16 MetLife $2,227
17 Encompass $2,232
18 Unitrin $2,264
19 21st Century $2,469
20 Titan $2,646
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Travelers has some of the most affordable car insurance rates in Houston at around $1,021 each year. This is $883 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty would also be considered some of the lowest-priced Houston, TX insurance companies.

As depicted above, if you are insured with Germania Mutual and switched to Travelers, you could see savings of approximately $273. Customers with California Casualty might save as much as $375 a year, and Esurance policyholders might reduce prices by as much as $386 a year.

Bear in mind that those policy rates are averages across all drivers and vehicles and do not factor in a vehicle location for business use. So the auto insurance company that fits you best may not even be in the list above. That is why you need to get car insurance quotes using your own specific driver information and vehicle.

The chart below demonstrates how deductibles can influence insurance prices when trying to find cheap insurance for business use. The prices are based on a single male driver, full physical damage coverage, and no discounts are applied to the premium.

As shown above, a 50-year-old driver could lower rates by $314 a year by switching from a $100 deductible up to a $500 deductible, or save $472 by using a $1,000 deductible. Young drivers, like the 20-year-old category, could reduce their rates up to $1,026 annually just by choosing higher deductibles. When choosing a higher deductible, it’s a good idea to have enough funds in savings to enable you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.

Types of discounts on Houston insurance rates

Car insurance for using your car for business in Houston, TXCar insurance companies that provide policies for business use may have premium discounts that could lower prices by as much as 35% or more if you meet eligibility requirements. Companies and their offered discounts include:

The illustration below illustrates the comparison of insurance costs with and without discounts being applied to the rates. The data is based on a male driver, no violations or claims, Texas state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the price with no discounts. The lower bar shows the rates with multiple policy, marriage, homeowner, passive restraint, anti-theft, and claim-free discounts applied. When drivers qualify for the discounts, the average amount saved each year on car insurance for business use is 28% or $552.

Here’s why price comparisons are so important

Texas car insurance rates are determined by lots of factors that can increase the cost of your policy. Simply having another birthday, buying a different vehicle, or getting a few speeding tickets may generate price changes resulting in some companies being affordable when they were higher priced.

Not only may your risk profile change, but companies change the rates they charge in Texas as needed in order to offset underwriting gains or losses. Higher than normal claims may result in more expensive premiums, while profitable underwriting can cause lower-cost Houston car insurance rates.

To illustrate this point, the bar chart below shows a variety of companies that have the cheapest car insurance in Houston, TX for a 45-year-old female driver with no violations or accidents, and great credit. When quoting prices based on her current situation, Travelers might offer the best car insurance rates in Houston at $1,221 each year. This is $683 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are also included in the top five cheapest Houston, TX auto insurance companies.

Let’s now give the driver from the above example a claim, a lower credit score, and a speeding ticket. Since each insurance company uses their own formula to determine rates, comparing quotes could now result in a substantially altered list of affordable Houston car insurance companies as shown below.

State Farm now has the cheapest auto insurance in Houston with Mercury, Nationwide, Safe Auto, and USAA also being competitive. This example illustrates why Texas drivers need to shop around with many companies when trying to find cheap insurance rates for business use. Prices consist of many things and change frequently, so the best price the last time you compared rates may now be quite expensive.

How to find economical auto insurance for business use

Here are some money-saving suggestions that can help Texas drivers buy low-cost coverage.

The final tip is notably vital, as was discussed in the prior article. Prices charged by car insurance companies in Houston vary greatly, so drivers shouldn’t hesitate to switch to a new company if a lower price can be found. Many consumers stick with the same company and that’s fine, but it’s not a great idea if that stubbornness costs you money that could be going to better use. It only takes a couple minutes to compare prices and find cheaper insurance for business use.

The insurance agencies below can aid you in deciding which auto insurance policy fits you best, since some drivers aren’t sure which coverage they need and prefer to get help from a professional when shopping for cheaper insurance for using your car for business. It can be time-consuming to find the cheapest rates, so a licensed agent can give satisfaction knowing your policy gives you adequate asset protection. To locate a Houston auto insurance agent by location nearest to you, click the button at the bottom.

Deborah A. Olson Insurance Agency, Inc.
10592 Fuqua StHouston, TX 77089(281) 481-1903

Texas Insurance
210 W Greens Rd # BHouston, TX 77067(281) 872-6100

Oscar’s Insurance Agency
5921 S Gessner RdHouston, TX 77036(713) 271-8889

Ben Speer – State Farm Insurance Agent
1110 E NASA Pkwy Ste 300Houston, TX 77058(281) 204-8282

Anna Santa Ana – State Farm Insurance Agent
7710 Cherry Park Dr dHouston, TX 77095(281) 550-0333

More insurance agents in Houston, TX