Locating budget car insurance is not always easy, and deciding which companies have the cheapest car insurance rates for high school students involves a bit more work. Each auto insurer uses their own calculation for determining rates in each state, so first we will examine the car insurance companies with the overall cheapest rates in Austin.
It’s a good idea to be aware that Texas car insurance rates are calculated based on many things that can increase the policy premium. This price fluctuation is why consumers need to compare many different companies when trying to find the lowest car insurance quotes for high school students. Car insurance prices consist of many risk factors and can change without notice, so the most affordable company the last time you shopped around may now be one of the higher cost companies.
Cheap Insurance Rates for Students
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,041 |
| 2 | USAA | $1,084 |
| 3 | Texas Farm Bureau | $1,247 |
| 4 | Germania Mutual | $1,256 |
| 5 | California Casualty | $1,382 |
| 6 | Esurance | $1,407 |
| 7 | Mercury | $1,476 |
| 8 | State Farm | $1,510 |
| 9 | Nationwide | $1,553 |
| 10 | Safe Auto | $1,597 |
| 11 | Progressive | $1,715 |
| 12 | Allstate | $1,718 |
| 13 | Amica | $1,757 |
| 14 | Home State | $2,071 |
| 15 | GEICO | $2,156 |
| 16 | MetLife | $2,249 |
| 17 | Encompass | $2,301 |
| 18 | Unitrin | $2,310 |
| 19 | 21st Century | $2,469 |
| 20 | Titan | $2,568 |
| Compare Rates Now Go | ||
Travelers generally has some of the most affordable car insurance rates in Austin at around $1,041 a year. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are also some of the more affordable Austin, TX insurance companies.
In the above rates, if you currently have a policy with USAA and switched to Travelers, you could realize savings of upwards of $43. Customers with Texas Farm Bureau could save as much as $206 a year, and Germania Mutual insureds might reduce rates by $215 a year.
These prices are averaged for all ages of drivers and types of vehicles and do not take into consideration an exact zip code location for high school students. So the insurer that fits your needs best may not even be in the top 23 companies in the list above. That helps illustrate why you need to get rate quotes from many companies using your own personal information and vehicle type.
One of the more important things that aid in calculating the amount you pay for auto insurance is where you keep your car. Areas with more people or higher crime rates likely pay more, whereas areas with fewer weather claims and lower vehicle theft rates have the enjoyment of a little cheaper coverage.
The information below lists the highest-priced areas in Texas for high school students in which to buy car insurance. Austin makes the list at #15 with an annual rate of $1,659 for the average policy, which is around $138 monthly.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | McAllen | $1,956 |
| 2 | Brownsville | $1,908 |
| 3 | Houston | $1,891 |
| 4 | Laredo | $1,889 |
| 5 | Dallas | $1,837 |
| 6 | Grand Prairie | $1,811 |
| 7 | Mesquite | $1,807 |
| 8 | Amarillo | $1,804 |
| 9 | Garland | $1,778 |
| 10 | Beaumont | $1,772 |
| 11 | Pasadena | $1,758 |
| 12 | Irving | $1,736 |
| 13 | San Antonio | $1,722 |
| 14 | Lubbock | $1,665 |
| 15 | Austin | $1,659 |
| 16 | Arlington | $1,658 |
| 17 | Carrollton | $1,647 |
| 18 | McKinney | $1,625 |
| 19 | Fort Worth | $1,621 |
| 20 | El Paso | $1,616 |
| Compare Prices Now Go | ||
Annual rates are estimated as the specific area where the vehicle is garaged can revise prices considerably.
The type of vehicle driven is probably the most important factor that determines whether or not you find cheap car insurance for high school students. Vehicles with lots of horsepower, poor safety features, or a history of substantial liability claims will cost substantially more to insure than safer models.
The next list presents coverage rates for some of the most cost-effective automobiles to insure in Texas.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord EX 4-Dr Sedan | $4,084 |
| Ford Escape XLS 2WD | $4,093 |
| Honda CR-V LX 4WD | $4,084 |
| Volkswagen Jetta S 2.5 Station Wagon | $4,374 |
| Toyota Prius | $4,413 |
| Ford F-150 XL Super Cab 4WD | $4,593 |
| Dodge Grand Caravan SE | $4,601 |
| Ford Edge SEL AWD | $4,805 |
| Honda Odyssey EX W/Rear Entertainment | $4,813 |
| Toyota Tacoma 2WD | $4,805 |
| Chevrolet Equinox LT AWD | $4,844 |
| Toyota RAV4 2WD | $4,849 |
| GMC Sierra SLE Regular Cab 2WD | $4,844 |
| Chevrolet Malibu LT | $4,883 |
| Ford Explorer Limited 4WD | $4,888 |
| Start a Quote Go | |
Data rating is 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 claim-free, and safe-driver. Price information does not factor in your specific Austin, TX location which can affect coverage prices substantially.
By looking at the data, we can conclude that makes and models like the Honda Accord, Ford Escape, Honda CR-V, and Volkswagen Jetta are going to be some of the more affordable vehicles to insure for teenagers. The price for an auto insurance policy will be more costly because of the fact that there is more claim risk for high school students, but overall those particular models will tend to have the lowest insurance prices possible.
Poor driving habits will raise your car insurance rates
The recommended way to score the cheapest car insurance premiums for teenagers is to be a cautious driver and avoid accidents and keep your driving record clean. The illustration below illustrates how violations and accidents increase insurance premiums for different age categories. The price estimates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.
The data in the chart shows the average cost of auto insurance in Texas per year with no violations or accidents is $1,358. Get one speeding ticket and the average cost swells to $1,564, an increase of $206 each year. Now get one accident along with the one speeding ticket and the 12-month cost of car insurance for high school students jumps again to an average of $2,130. That’s an increase of $772, or $64 per month, just for not being attentive to the road!
Discount Austin auto insurance
Insurance providers that offer cheap quotes for high school students may also provide discounts that can lower rates by as much as 40% or more if you meet the requirements. Popular car insurance companies and a summarized list of policyholder discounts can be read below.
- GEICO has savings for anti-theft, daytime running lights, seat belt use, anti-lock brakes, defensive driver, and five-year accident-free.
- Travelers offers discounts for payment discounts, save driver, multi-policy, multi-car, and IntelliDrive.
- Nationwide offers discounts including business or organization, anti-theft, defensive driving, multi-policy, and family plan.
- Farmers Insurance includes discounts for homeowner, youthful driver, bundle discounts, mature driver, switch companies, good student, and electronic funds transfer.
- Esurance has discounts for homeowner, multi-car, DriveSense, online quote, anti-theft, paid-in-full, and multi-policy.
- State Farm offers premium reductions for student away at school, Steer Clear safe driver discount, accident-free, passive restraint, and defensive driving training.
- Progressive discounts include continuous coverage, online quote discount, homeowner, multi-policy, and multi-vehicle.
- Mercury Insurance may offer discounts for age of vehicle, multi-policy, good driver, multi-car, type of vehicle, and annual mileage.
The information below shows the comparison of auto insurance costs with and without discounts being applied to the rates. Data assumes a male driver, a clean driving record, no at-fault accidents, Texas state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second shows the rates with passive restraint, anti-theft, continuous coverage, paid-in-full, good student, and paperless filing discounts applied. With discounts applied, the average amount saved each year on car insurance for high school students is 28% or $639.
The insurance agents in Austin listed below can probably provide answers to your questions and help you determine which auto insurance policy fits you best, since some people have coverage questions and would like to get some professional input when comparing insurance rates for teenagers. It can be hard to find the best coverage yourself, and getting advice from a licensed agent can bring comfort knowing your policy gives you adequate protection in case of an accident or claim.
To find an auto insurance agency by location nearest to you, click the button link following the list.
- Allstate Insurance: Homero Escobar
730 W Stassney Ln Ste 230 – Austin, TX 78745 – (512) 443-9598 - TY Lawrence Insurance Agency
2802 Flintrock Trace b101 – Austin, TX 78738 – (512) 732-2353 - Bob Jennings – State Farm Insurance Agent
4405 Pack Saddle Pass – Austin, TX 78745 – (512) 444-9671 - State Farm: Dick Clay
3006 Bee Cave Rd Suite B170 – Austin, TX 78746 – (512) 328-2340 - AUSTIN AREA INSURANCE AGENCY
8711 Burnet Rd – Austin, TX 78757 – (512) 253-8726
Find an Austin, TX insurance agent near you
How to find more affordable insurance for high school students
It is possible to find better rates, and here are some money-saving solutions that can help you quote cheap coverage.
- Do not get into accidents
- Buy a safer vehicle
- Avoid price increases by not filing claims
- Buying your home and auto policies from the same company can earn a discount
- Do not get traffic citations
- Do not pay for full coverage if not needed
- Compare rate quotes frequently
The final tip is remarkably critical, as was emphasized in the article above. Prices charged by auto insurers adjust often, so don’t be afraid to change to a new company if a better deal can be had. Many drivers tend to have loyalty to a certain company, but it’s not a good idea if your bullheadedness ends up costing you several hundred dollars every year. If you have a few minutes, compare rates and find cheaper auto insurance for high school students in Austin.