For realtors, one of the largest criteria that help determine auto insurance rates is where you keep your vehicle in Austin. More populated areas tend to have higher rates, whereas areas with less congestion benefit from lower prices.
The next table sorts the most costly cities in Texas for real estate agents to purchase auto insurance in. Austin is ranked at #18 with an annual cost of $1,627 for the average policy, which is around $136 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | McAllen | $1,936 |
| 2 | Brownsville | $1,927 |
| 3 | Dallas | $1,911 |
| 4 | Houston | $1,853 |
| 5 | Amarillo | $1,840 |
| 6 | Laredo | $1,833 |
| 7 | Garland | $1,832 |
| 8 | Grand Prairie | $1,811 |
| 9 | Mesquite | $1,753 |
| 10 | Pasadena | $1,740 |
| 11 | San Antonio | $1,739 |
| 12 | Lubbock | $1,733 |
| 13 | Beaumont | $1,720 |
| 14 | Irving | $1,719 |
| 15 | Arlington | $1,692 |
| 16 | Carrollton | $1,664 |
| 17 | El Paso | $1,632 |
| 18 | Austin | $1,627 |
| 19 | McKinney | $1,625 |
| 20 | Fort Worth | $1,621 |
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Premium amounts are estimated as specific location information can raise or lower rates substantially.
Finding low-cost car insurance is not most people’s favorite thing to do, and figuring out which company offers the most affordable insurance rates for real estate agents requires even more perseverance. Every car insurance company uses their own formula to establish rates, so we’ll take a look at the insurance companies with the overall best prices in Austin.
Best Cheap Insurance Rates for Realtors
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,084 |
| 3 | Texas Farm Bureau | $1,199 |
| 4 | Germania Mutual | $1,256 |
| 5 | Esurance | $1,379 |
| 6 | California Casualty | $1,396 |
| 7 | Mercury | $1,461 |
| 8 | State Farm | $1,465 |
| 9 | Safe Auto | $1,597 |
| 10 | Nationwide | $1,600 |
| 11 | Allstate | $1,650 |
| 12 | Progressive | $1,664 |
| 13 | Amica | $1,705 |
| 14 | Home State | $2,071 |
| 15 | GEICO | $2,135 |
| 16 | MetLife | $2,227 |
| 17 | Encompass | $2,232 |
| 18 | Unitrin | $2,310 |
| 19 | 21st Century | $2,469 |
| 20 | Titan | $2,568 |
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Travelers has some of the most affordable car insurance rates in Austin at around $1,052 per year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also make the list of some of the cheaper Austin, TX auto insurance companies.
As shown in the rates above, if you are insured with Germania Mutual and switched to Travelers, you might achieve yearly savings of roughly $204. Drivers with Esurance could save as much as $327 a year, and California Casualty customers might reduce rates by $344 a year.
To see how much you can save, click here to get quotes or click several companies below for low rates.
Understand that those estimates are averages across all ages of drivers and types of vehicles and are not factoring in an exact location for real estate agents. So the auto insurance company that can offer the best rates for your situation may not even be in the top 23 companies in the list above. That affirms the importance of why you need to compare rates from as many companies as possible using your own personal information and vehicle type.
How to find a good Austin insurance company
Picking the right auto insurance provider can be a challenge considering how many companies there are to choose from in Texas. The rank data below could help you choose which providers you want to consider when trying find the best insurance for real estate agents.
These ratings are only comprised of major nationwide insurance companies, so companies that have a smaller presence are not included in these rankings. To get rate quotes from these and other top-rated companies, click this link.
Top 10 Major Auto Insurance Companies in Austin Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
Top 10 Major Auto Insurance Companies Overall in Austin
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
The information below shows how choosing a deductible can affect annual premium costs when getting quotes for cheap insurance for real estate agents. The rate quotes are based on a single female driver, comprehensive and collision coverage, and no discounts are applied to the premium.
A 50-year-old driver could cut expenses by $422 a year by changing from a $100 deductible to a $500 deductible, or save $634 by choosing a $1,000 deductible. Youthful drivers, like the 20-year-old, could reduce their rates up to $1,074 each year by choosing larger deductibles on their policy.
If you do decide to increase your deductibles, it is a good idea to have additional funds squirreled away to be able to pay the extra out-of-pocket expense, which is the main drawback of higher deductibles.
Discount Austin insurance
Auto insurance companies that provide policies for real estate agents may also give you rate discounts that could potentially reduce rates by as much as 40% or more if you are eligible for them. Large insurance companies and some of the discounts are:
- State Farm may offer discounts for accident-free, good driver, passive restraint, good student, defensive driving training, and driver’s education.
- American Family offers premium reductions for defensive driver, bundled insurance, good student, Steer into Savings, multi-vehicle, and accident-free.
- GEICO offers discounts for federal employee, multi-vehicle, emergency military deployment, military active duty, and membership and employees.
- 21st Century may have discounts that include air bags, good student, defensive driver, early bird, automatic seat belts, homeowners, and student driver.
- Progressive offers discounts including multi-policy, multi-vehicle, online signing, continuous coverage, good student, and homeowner.
The diagram below visualizes the comparison of yearly insurance costs with and without discounts applied to the policy premium. The prices are based on a female driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows the price with no discounts. The lower bar shows the rates with multiple policy, multiple vehicle, defensive driving course, homeowner, passive restraint, and marriage discounts applied. When these discounts are applied, theamount saved on insurance for real estate agents is 28% or $571.
How to find more affordable car insurance for real estate agents
It’s not impossible to find cheaper rates, and here are some thrifty ideas that can help Texas drivers locate lower-cost car insurance.
- Claim-free policyholders usually earn a discount
- Do not insure for full coverage
- Safer vehicles generally have cheaper insurance rates
- Higher comprehensive and collision coverage deductibles will save money
- Good credit scores may make rates cheaper
- Buying home and auto insurance together can earn discounts
- Check for cheaper rates once a year
That last piece of advice is remarkably significant, as was emphasized in this piece. Prices charged by companies vary considerably, so don’t be hesitant to switch companies if a cheaper price is available.
Having a favorite company is great, but it’s not recommended if that loyalty ends up costing lots of hard earned cash every month. It only takes a couple minutes to compare rates and find cheaper car insurance for real estate agents in Austin.
If you prefer to have a consultation when trying to find the best insurance rates for realtors, the insurance agencies below can provide answers to your questions and help you determine which insurance coverage will be best for you.
To locate an Austin car insurance agency near you, click the button following the list.
Austin Insurance Group
9705 Burnet Rd #314 – Austin, TX 78758 – (512) 339-2901
Higginbotham/William Gammon Insurance
1221 S MoPac Expy – Austin, TX 78746 – (512) 477-6745
Herman Askew – State Farm Insurance Agent
13201 Pond Springs Rd #105 – Austin, TX 78729 – (512) 250-5533