The car, truck, or SUV you are buying coverage for is one of the main factors when consumers are trying to find cheaper coverage for low mileage drivers. Vehicles with higher performance, a lack of safety features, or high incidents of liability claims will cost significantly more to insure than safer, lower-performance models.
The next list presents coverage rates for some of the more affordable vehicles to insure.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$891|
|Ford Escape XLT 4WD||$910|
|GMC Sierra SLE Regular Cab 2WD||$1,054|
|Jeep Grand Cherokee Laredo 4WD||$1,062|
|Toyota RAV4 Limited 4WD||$1,054|
|Honda Odyssey EX-L||$1,117|
|Toyota Camry SE||$1,112|
|Hyundai Sonata GLS 4-Dr Sedan||$1,129|
|Nissan Rogue S 2WD||$1,135|
|Ford Fusion SE 4-Dr Sedan||$1,131|
|Dodge Grand Caravan SE||$1,135|
|Volkswagen Jetta 2.0T Station Wagon||$1,148|
|Chevrolet Impala LT||$1,152|
|Ford Explorer Limited AWD||$1,175|
|Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$1,182|
|Ford Focus SES 2-Dr Coupe||$1,186|
|Honda Accord EX 2-Dr Coupe||$1,196|
|Chevrolet Equinox LT AWD||$1,188|
|Honda Civic VP 4-Dr Sedan||$1,192|
|Toyota Camry Hybrid||$1,205|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$1,214|
|Toyota Corolla S||$1,216|
|Compare Cheap Rates Go|
Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Price estimates do not factor in zip code location which can decrease or increase auto insurance rates substantially.
Looking at the rates, we can tell that makes and models like the Honda CR-V, Ford Escape, GMC Sierra, Jeep Grand Cherokee, and Toyota RAV4 will be some of the more affordable vehicles to insure for infrequent drivers.
For infrequent drivers, one of the more important considerations that are looked at to determine car insurance rates is where you live. Regions with larger populations or more claims tend to have more expensive auto insurance rates, whereas areas with less people or fewer weather incidents have the luxury of cheap car insurance rates.
The illustration below ranks the highest-priced places in Texas for low mileage drivers to buy an auto insurance policy in. Austin is listed at #18 with the annual price of $1,627 for car insurance, which is around $136 each month.
|Rank||City||Average Per Year|
|Get a Custom Quote Go|
Prices are estimated as zip code location can influence auto insurance rates greatly.
Establishing which companies have the best car insurance rates for low mileage drivers involves more work in order to find the most economical policy. Each insurance company has a different process for determining rates, so we’ll take a look at the car insurance companies with the overall cheapest rates in Austin, TX.
It’s a good idea to know that Texas car insurance rates are influenced by many factors that control the policy premium. Simply getting older, buying a home instead of renting, or getting caught speeding can trigger changes in premium that can cause some rates to be cheaper than before.
Best Insurance Companies in Texas
Travelers generally has some of the best car insurance rates in Austin at around $1,010 per year. This is $894 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also rank well as some of the cheapest Austin, TX insurance companies.
As depicted above, if you are insured with USAA and switched to Travelers, you could earn a yearly savings of in the vicinity of $107. Policyholders with Texas Farm Bureau may save as much as $225 a year, and Germania Mutual insureds might reduce prices by as much as $246 a year.
Bear in mind that those premium estimates are averaged for all types of drivers and the different vehicles they drive and and are not calculated with an exact zip code location for low mileage drivers. So the car insurance company that fits your needs best may not even be in the top 23 companies shown above. That point stresses why you need to compare prices as often as possible using your own personal information and vehicle type.
The illustration below demonstrates how choosing different deductibles can influence premium costs when trying to find cheap insurance for low mileage drivers. The information is based on a married female driver, comp and collision included, and no discounts are applied to the premium.
The chart above illustrates that a 30-year-old driver could cut expenses by $302 a year by switching from a $100 deductible to a $500 deductible, or save $456 by switching to a $1,000 deductible. Young drivers, like the Age 20 category, could roll back prices $646 or more just by choosing higher deductibles.
If you do decide to increase your deductibles, it will now be necessary to have additional funds squirreled away to enable you to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Discounts on Austin auto insurance
Insurers that provide policies for low mileage drivers may have special discounts that could reduce prices by 30% or more if you meet certain criteria. A list of companies and some of their more popular discounts are shown below.
- Progressive policyholders can earn discounts including homeowner, multi-policy, continuous coverage, good student, and online quote discount.
- MetLife may include discounts for multi-policy, claim-free, good student, defensive driver, accident-free, and good driver.
- Mercury Insurance includes discounts for anti-theft, good driver, low natural disaster claims, ease of repair, location of vehicle, and good student.
- Nationwide offers premium reductions for good student, business or organization, family plan, anti-theft, Farm Bureau membership, defensive driving, and multi-policy.
- GEICO offers discounts for anti-theft, anti-lock brakes, air bags, daytime running lights, military active duty, and driver training.
- AAA may have discounts that include multi-car, AAA membership discount, multi-policy, good driver, education and occupation, good student, and anti-theft.
The chart below illustrates the difference between yearly insurance costs with and without discounts applied to the premium. The rates are based on a female driver, no accidents, no driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $100 deductibles.
The first bar for each age group shows premium with no discounts. The second bar shows the rates with homeowner, accident-free, passive restraint, anti-theft, claim-free, and defensive driving course discounts applied. When these discounts are applied to the policy premium, theamount saved on car insurance for low mileage drivers is 28% or $570.
How to find economical insurance for low mileage drivers
Lowering your rates is not difficult, and here are many thrifty solutions that can help drivers find cheaper car insurance.
- Maintain a safe distance and avoid accidents
- Assess whether full coverage is needed
- Having too many claims will increase rates substantially
- Increase your deductibles
- Avoid speeding and other traffic citations and pay less
- Keep rates low by comparing prices once a year
That last idea is remarkably necessary, as we stressed in the article above. Prices charged by auto insurers in Austin can be adjusted at any time, so don’t be tentative to buy a different policy if a more affordable price is available. Being loyal to a particular company is commendable, but is isn’t recommended if it’s costing you lots of hard earned cash every month. Now is a great time to compare prices and find cheaper car insurance for low mileage drivers.
The Austin auto insurance agencies shown below are willing to answer your questions and help you decide which coverages you need, as some drivers have questions and prefer to have the advice of a professional agent when comparing insurance rates for low mileage drivers. It can be difficult to find the best policy yourself, so a licensed agent can bring peace of mind knowing you have decent coverage if you have a claim.
To locate an Austin car insurance agency in your neighborhood, click the link after the list or click here to compare price quotes now.
Herman Askew – State Farm Insurance Agent
13201 Pond Springs Rd #105 – Austin, TX 78729 – (512) 250-5533
EZ Insurance Agency – Main
4502 S Congress Ave – Austin, TX 78745 – (512) 444-4040
Karen Easterling – State Farm Insurance Agent
2711 W Anderson Ln #201 – Austin, TX 78757 – (512) 454-4784
Stanley Insurance Agency
512 W Stassney Ln #113 – Austin, TX 78745 – (512) 445-5555