Figuring out which companies quote the lowest-priced insurance rates for homeowners involves a tad more effort in order to find the best price. Every insurance provider has a unique approach for determining rates in each state, so to begin we’ll rank the most competitive insurance companies in Houston, TX.
It’s a good idea to be aware that Houston insurance rates are determined by lots of factors which can significantly increase or decrease the price you pay. Simply getting older, buying a different vehicle, or getting a ticket for careless driving can trigger changes in premium that can now make some companies more affordable than others.
Best Auto Insurance Prices for Homeowners
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,117 |
| 3 | Texas Farm Bureau | $1,235 |
| 4 | Germania Mutual | $1,294 |
| 5 | Esurance | $1,407 |
| 6 | California Casualty | $1,424 |
| 7 | State Farm | $1,465 |
| 8 | Mercury | $1,521 |
| 9 | Nationwide | $1,585 |
| 10 | Safe Auto | $1,613 |
| 11 | Progressive | $1,664 |
| 12 | Allstate | $1,701 |
| 13 | Amica | $1,757 |
| 14 | GEICO | $2,093 |
| 15 | Home State | $2,134 |
| 16 | MetLife | $2,161 |
| 17 | Encompass | $2,255 |
| 18 | Unitrin | $2,264 |
| 19 | 21st Century | $2,396 |
| 20 | Titan | $2,646 |
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Travelers normally has some of the lowest car insurance rates in Houston at around $1,010 a year. This is $894 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the cut as some of the more affordable Houston, TX car insurance companies.
As the rates illustrate above, if you are insured with USAA and switched to Travelers, you could see a yearly savings of about $107. Customers with Texas Farm Bureau might save as much as $225 a year, and Germania Mutual insureds might lower prices by $284 a year.
Bear in mind that those prices are averages for all types of insureds and vehicles and do not factor in an exact vehicle garaging location for homeowners. So the auto insurance company that fits your situation best may not even be in the top 23 companies in the list above. That emphasizes why you need to get car insurance quotes using your own driver information and specific vehicle type.
For people who own their homes, one of the largest components that help determine the price you pay for insurance is where you keep your vehicle in Houston. Larger areas tend to have more expensive car insurance rates, whereas more rural areas have the luxury of lower rates.
The following table shows the highest-priced places in Texas for homeowners in which to buy car insurance. Houston makes the list at #3 with the annual price of $1,891 on average, which is about $158 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | McAllen | $1,956 |
| 2 | Laredo | $1,907 |
| 3 | Houston | $1,891 |
| 4 | Brownsville | $1,870 |
| 5 | Dallas | $1,855 |
| 6 | Grand Prairie | $1,793 |
| 7 | Irving | $1,789 |
| 8 | Amarillo | $1,786 |
| 9 | Garland | $1,778 |
| 10 | Beaumont | $1,754 |
| 11 | Mesquite | $1,753 |
| 12 | Pasadena | $1,740 |
| 13 | Arlington | $1,709 |
| 14 | San Antonio | $1,688 |
| 15 | Lubbock | $1,665 |
| 16 | McKinney | $1,625 |
| 17 | Plano | $1,624 |
| 18 | Austin | $1,610 |
| 19 | Fort Worth | $1,604 |
| 20 | Carrollton | $1,598 |
| 21 | Waco | $1,584 |
| 22 | Corpus Christi | $1,572 |
| 23 | El Paso | $1,568 |
| 24 | Abilene | $1,499 |
| 25 | Killeen | $1,473 |
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Rates are comparative as the vehicle garaging location can influence insurance rates noticeably.
Impact of speeding/accidents on insurance rates
The easiest method to score the cheapest insurance rates in Houston for people who own their homes is to drive safely and avoid accidents and traffic violations. The information below illustrates how traffic citations and at-fault claims can drive up annual premium costs for different age groups of insureds. The information is based on a single male driver, full coverage, $250 deductibles, and no additional discounts are factored in.
In the previous example, the average cost of a car insurance policy per year with no accidents or violations is $2,000. Receive two speeding tickets and the average cost surges to $2,648, an increase of $648 each year. Then include one accident along with the two speeding tickets and the 12-month cost of insurance for homeowners goes up to an average of $3,295. That’s an increase of $1,296, or $108 per month, just for a couple of infractions!
Types of discounts on Houston auto insurance rates
Auto insurance companies that offer coverage for homeowners may also provide price discounts that could potentially reduce rates by as much as 35% or more if you meet specific eligibility requirements. A list of companies and their possible discounts can be found below.
- Progressive offers discounts for online signing, good student, homeowner, continuous coverage, multi-vehicle, multi-policy, and online quote discount.
- GEICO policyholders can earn discounts including air bags, multi-vehicle, membership and employees, federal employee, seat belt use, military active duty, and emergency military deployment.
- State Farm offers discounts including driver’s education, student away at school, passive restraint, accident-free, good driver, Drive Safe & Save, and multiple policy.
- Esurance offers premium reductions for anti-lock brakes, anti-theft, good driver, paid-in-full, multi-policy, multi-car, and online quote.
- The Hartford may include discounts for anti-theft, defensive driver, air bag, driver training, and vehicle fuel type.
The illustration below visualizes the comparison of insurance premiums with and without some available policy discounts. The information is based on a male driver, no accidents or driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with claim-free, homeowner, vehicle safety, marriage, anti-theft, and multiple policy discounts applied. When taking advantage of discounts, the average savings per year on insurance for homeowners is 28% or $609.
Low rates can quickly become overpriced
Houston, TX insurance rates are based on many factors that will increase or decrease the cost of coverage. Getting older, buying a different home, or getting a couple of tickets can cause premium changes that can cause some rates to be more affordable than competitors. Not only may things change on your end, but auto insurance companies amend premium rates without warning to reflect underwriting profits or losses. Higher than normal claims may cause increased policy costs, while a better loss history may cause more affordable Houston car insurance rates.
For instance, the bar chart below shows rates for the cheapest car insurance in Houston, TX for a 40-year-old male driver with a clean driving record, no accidents, and a good credit rating. Based on his current risk factors, Travelers offers the most affordable car insurance rates in Houston at $1,296 each year. This is $608 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also on the list of the top five cheapest Houston, TX auto insurance companies.
The chart below compares rates after we give the driver from above an at-fault accident, poor credit, and a stop sign violation. Since each company has their own process for setting prices, comparing insurance quotes may now result in a new list of the cheapest companies as shown below.
State Farm now has the best auto insurance rate in Houston, TX with Mercury, Nationwide, Safe Auto, and USAA also having competitive pricing. This demonstrates why it is crucial to perform an extensive rate comparison to get the most economical insurance quotes for homeowners.
Insurance prices can be determined by many factors and change substantially, so the best company when you last compared rates may now be wasting a lot of money.
The Houston car insurance agencies listed below can most likely help you decide which insurance coverage you need, since many consumers aren’t sure which coverage to buy and prefer to have some professional guidance when comparing insurance rates for people who own their homes. It can be time-consuming to find the best rates on your own, so insurance agents can give comfort knowing your coverage gives you sufficient protection if you have a claim.
To find a Houston insurance agency close to you, click the button after the list or click here to compare rates now.
Moon Insurance Agency
360 FM 1959 – Houston, TX 77034 – (281) 484-8320
Kingspoint Insurance Agency, Inc.
11200 Westheimer Rd #850 – Houston, TX 77042 – (713) 850-1660
State Farm: Ken Quach
6489 Wilcrest Dr – Houston, TX 77072 – (281) 498-1010
Jason Jimenez Insurance Agency
8323 Southwest Fwy #390 – Houston, TX 77074 – (713) 270-0073
View map of Houston, TX insurance agents
How to find low-cost insurance for homeowners
The list below summarizes some of the recommended thrifty solutions that can help Houston drivers quote cheap car insurance.
- Clean up your credit rating
- Drive attentively and avoid accidents
- Buy your homeowners policy from the same company as your auto insurance
- Try to pay small claims out-of-pocket
- Do not get traffic violations
- Raise comprehensive and collision coverage deductibles
- Look for cheaper rates once a year by shopping around
The last item on the list is particularly crucial, as we hit on in the article above. Car insurance rates change constantly, so don’t be hesitant to switch to a new company if a cheaper price is available. Sticking with a specific company is fine, but it’s not recommended if that stubbornness costs you a fortune every year. Take a couple minutes and shop around and find cheaper insurance for homeowners in Houston.