Finding affordable car insurance is hard enough, and determining which company has the best insurance rates with multiple speeding tickets requires additional perseverance. Each auto insurer has a different formula to determine premium rates, so let’s take a look at the insurance companies that tend to have lower prices in Austin, TX.
It’s a good idea to know that Austin, TX insurance rates are impacted by many things that will increase or decrease your annual premium. Simply improving your credit score, buying a higher-value vehicle, or getting into an accident may prompt premium changes that can make some companies higher when they were quite affordable.
Best Cheap Insurance Rates with License Points
Travelers has some of the lowest car insurance rates in Austin at around $1,021 each year. This is $883 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also are some of the best Austin, TX car insurance companies.
As depicted above, if you currently have a policy with Germania Mutual and switched to USAA, you might achieve savings of in the neighborhood of $165. Insureds with Esurance could save as much as $262 a year, and California Casualty customers might reduce prices by as much as $307 a year.
To see if your current coverage is too expensive, click here to start your free quote or quote prices from the following companies.
Remember that these prices are averaged for all drivers and vehicles and do not take into consideration a specific vehicle garaging location with multiple speeding tickets. So the company that can offer the best rates for your situation may not even be in the top 23 companies in the list above. That points out the importance of why you need to get quotes using your own specific driver and vehicle information.
After a few driving violations, one of the largest things that are used to help calculate car insurance rates is where you call home. Cities with more crime and/or more people tend to have higher rates, whereas areas with less congestion tend to receive cheaper rates.
The information below sorts the highest-priced places in Texas with multiple speeding tickets to purchase a policy in. Austin is ranked at #18 with a yearly premium of $1,627 for car insurance, which is about $136 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | McAllen | $1,956 |
| 2 | Dallas | $1,893 |
| 3 | Laredo | $1,889 |
| 4 | Brownsville | $1,870 |
| 5 | Houston | $1,853 |
| 6 | Mesquite | $1,825 |
| 7 | Grand Prairie | $1,811 |
| 8 | Amarillo | $1,804 |
| 9 | Garland | $1,796 |
| 10 | Irving | $1,789 |
| 11 | Beaumont | $1,754 |
| 12 | Pasadena | $1,740 |
| 13 | San Antonio | $1,739 |
| 14 | Lubbock | $1,716 |
| 15 | Carrollton | $1,664 |
| 16 | Fort Worth | $1,653 |
| 17 | Arlington | $1,642 |
| 18 | Austin | $1,627 |
| 19 | McKinney | $1,625 |
| 20 | Corpus Christi | $1,620 |
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Rate quotes are estimated as the specific geographic location can revise premiums noticeably.
Picking a highly-rated insurer can be a challenge considering how many different insurance companies sell coverage in Austin. The ranking data in the lists below could help you choose which providers you want to consider when shopping car insurance rates with multiple speeding tickets.
These ratings include large insurance companies, so smaller regional companies are not taken into consideration for the list. If you’d like to compare prices from the most competitive companies in Texas, follow this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
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Data Source: Insure.com Best Car Insurance Companies
How to get discounts on Austin car insurance rates
Auto insurance companies that sell policies with multiple speeding tickets may additionally offer discounts that may potentially lower prices by 25% or more if you meet eligibility requirements. A few popular companies and their offered discounts can be read below.
- Progressive has discounts for multi-policy, good student, online quote discount, online signing, continuous coverage, and multi-vehicle.
- MetLife discounts include claim-free, accident-free, multi-policy, good student, defensive driver, good driver
- Mercury Insurance may include discounts for ease of repair, accident-free, anti-theft, annual mileage, age of vehicle, type of vehicle, and low natural disaster claims.
- Nationwide offers discounts for Farm Bureau membership, multi-policy, defensive driving, family plan, and good student.
- GEICO offers discounts including driver training, daytime running lights, air bags, federal employee, good student, and seat belt use.
- AAA policyholders can earn discounts including good driver, pay-in-full, anti-theft, good student, multi-policy, multi-car, and AAA membership discount.
The example below visualizes the comparison of premium costs with and without policy discounts. The prices are based on a female driver, two citations and no at-fault accidents, Texas state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with multiple policy, paperless filing, marriage, continuous coverage, paid-in-full, and vehicle safety discounts applied. When taking advantage of discounts, theaverage yearly reduction on insurance with multiple speeding tickets is 28% or $568.
Here’s why you should compare rates often
Texas insurance rates are based on many factors that can increase the policy price. Simply improving your credit, moving to a new city, or having an at-fault accident may cause policy rate changes that can cause some rates to be affordable when they were higher priced.
In addition, companies change premium rates every year in order to remain profitable. Higher than normal claims can cause increased rates, while a better claims history can cause cheaper Austin car insurance rates.
To illustrate this point, the graph below demonstrates which company has the cheapest car insurance in Austin, TX for a 35-year-old male driver with a good driving record, no prior claims, and solid credit. When quoting prices based on his current risk profile, Travelers quotes the lowest car insurance rates in Austin at $1,150 each year. This is $754 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are also included in the best Austin, TX auto insurance companies.
In the next rate comparison, we’ll give the driver from the above example a couple of claims, slightly worse credit, and a traffic citation. Because every insurance company uses their own method to set their prices, comparing prices may now result in a slightly different list of companies as shown below.
State Farm now has the cheapest insurance rate in Austin with Mercury, Nationwide, Safe Auto, and USAA also having competitive pricing. This example illustrates why consumers need to perform a complete rate comparison to get the most economical auto insurance quotes with multiple speeding tickets. Rates are impacted by many things and can change without notice, so the best company a year ago may now be quite expensive.