The make and model of vehicle on the policy is one of the largest factors that determines whether or not you can buy the most affordable insurance for felons. Vehicles with limited top-end speed, modern passenger safety features, or a track record of few liability claims will cost less to insure than fast, unsafe models. The list below shows coverage prices for a number of the more affordable automobiles to insure in Texas.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 4WD | $1,109 |
| Toyota Prius | $1,201 |
| Ford F-150 XL Crew Cab 2WD | $1,216 |
| Toyota RAV4 Sport 2WD | $1,282 |
| Ford Escape Limited 4WD | $1,326 |
| Hyundai Elantra SE Touring Station Wagon | $1,332 |
| Dodge Grand Caravan CV | $1,328 |
| Ford Edge Limited AWD | $1,349 |
| GMC Sierra SL Crew Cab 4WD | $1,374 |
| Toyota Corolla XRS | $1,382 |
| Jeep Grand Cherokee Laredo 4WD | $1,399 |
| Chevrolet Equinox LT 2WD | $1,406 |
| Chevrolet Silverado 3500HD LTZ Crew Cab 2WD | $1,427 |
| Ford F-350 XL Crew Cab Turbo Diesel 2WD | $1,432 |
| Toyota Tacoma Double Cab 4WD | $1,430 |
| Ford Explorer Eddie Bauer AWD | $1,440 |
| Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr | $1,443 |
| GMC Sierra 2500HD SLT Extended Cab 4WD | $1,449 |
| Kia Optima SX | $1,468 |
| Toyota Camry Hybrid | $1,473 |
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Table data represents married male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Rates do not factor in Laredo, TX location which can lower or raise insurance rates greatly.
Looking at the data, you can assume that makes and models like the Honda CR-V, Toyota Prius, Ford F-150, Toyota RAV4, and Ford Escape are going to be some of the most budget-friendly vehicles to insure for felons.
One of the more important factors that are used to help calculate the cost of insurance is where you normally keep your vehicle. Areas with more people or higher crime rates tend to have higher rates, whereas areas with lower vehicle theft rates and fewer weather claims tend to receive slightly lower rates.
The illustration below rates the most expensive cities in Texas for felons in which to purchase auto insurance. Laredo is listed at #6 with an annual rate of $1,833 for coverage, which is about $153 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | McAllen | $2,016 |
| 2 | Houston | $1,891 |
| 3 | Brownsville | $1,870 |
| 4 | Dallas | $1,855 |
| 5 | Amarillo | $1,840 |
| 6 | Laredo | $1,833 |
| 7 | Garland | $1,832 |
| 8 | Mesquite | $1,807 |
| 9 | Grand Prairie | $1,793 |
| 10 | Pasadena | $1,758 |
| 11 | Irving | $1,736 |
| 12 | Beaumont | $1,720 |
| 13 | San Antonio | $1,688 |
| 14 | Fort Worth | $1,670 |
| 15 | Lubbock | $1,665 |
| 16 | Carrollton | $1,664 |
| 17 | Austin | $1,659 |
| 18 | Arlington | $1,658 |
| 19 | El Paso | $1,632 |
| 20 | Corpus Christi | $1,620 |
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Rate information is approximated as the specific area where the vehicle is garaged can influence prices substantially.
Accidents and violations increase rates
The best way to enjoy the best auto insurance rates in Laredo for felons is to drive safe and avoid getting tickets or having accidents. The chart below demonstrates how traffic citations and at-fault fender-benders influence car insurance costs for different age groups. The premiums assume a single male driver, full coverage, $250 deductibles, and no discounts are taken into consideration.
The data above shows the average cost of car insurance per year with no violations or accidents is $2,210. Factor in one speeding ticket and the average cost increases to $2,488, an increase of $278 each year. Then include one accident along with the one speeding ticket and the annual cost of auto insurance for felons goes up to an average of $3,273. That’s an increase of $1,063, or $89 per month, just for not keeping your driving record clean!
Auto insurance company ratings
Finding a high-quality company is hard considering how many choices you have in Texas. The ranking data displayed below can help you select which auto insurers you want to consider when comparing rates.
The ratings below only include large, nationwide insurance companies, so companies that only write business in Texas or surrounding areas are not factored into this list. To compare prices from many more Texas auto insurance companies, click here.
| 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 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
The benefit of shopping around
Texas auto insurance rates are determined by lots of factors which can substantially decrease or increase the price you pay. Improving your credit rating, moving across town, or getting a driving violation can cause premium changes that may make certain companies cheaper than others.
Not only may your risk profile change, but car insurance companies change prices every year or even multiple times each year to adjust for gains or losses. Higher than usual claims can result in rate hikes, while lower claims can result in more affordable Laredo car insurance rates.
For example, the data below shows the company with the cheapest car insurance in Laredo, TX for a 45-year-old male driver with a good driving record, no prior claims, and solid credit. When comparing rates based on his personal risk profile, Travelers offers the best car insurance rates in Laredo at $1,299 a year. This is $605 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the list of the cheapest Laredo, TX auto insurance companies.
The next chart shows rates after we give the driver from the above example an accident claim, a lower credit rating, and a speeding ticket. Because every insurance company uses their own method for determining rates, analyzing rates could now result in a substantially altered list of companies as shown below.
State Farm now has the cheapest rate in Laredo with Mercury, USAA, Nationwide, and Safe Auto completing the list. This demonstrates why consumers need to take the time to perform an extensive rate comparison when trying to get the most economical auto insurance quotes for felons. Car insurance prices are made up of many different factors and change frequently, so the cheapest option three years ago may now cost much more than other companies.
How to find cheaper auto insurance for felons
The list below summarizes a few money-saving suggestions that can help you locate cheap coverage.
- Good credit scores may make rates cheaper
- Ensure your driving record is clean
- Earn a discount by not filing claims
- Safe vehicles generally have lower rates
- Do not get into accidents
- Compare rates and switch if you can find a better deal
The last tip is remarkably crucial, as we stressed in this piece. Auto insurance prices vary considerably, so don’t be afraid to buy from a different company if you find a better deal. Many consumers stick with the same company and that’s fine, but it isn’t a good idea if that faithfulness ends up costing you money that could be used for better things. In just a few minutes you could compare rates and find cheaper insurance for felons in Laredo.
If you aren’t sure which coverage you need and prefer to have a consultation when trying to find the best insurance rates for felons, the professional agents shown below are a good start to aid you in deciding which policy fits your needs best.
To find a Laredo insurance agency nearest to you, click the link at the bottom.
- Farmers Insurance – Ricardo Rodriguez
5411 McPherson Rd #101 – Laredo, TX 78041 – (956) 726-1906 - J.J. MARTINEZ INSURANCE AGENCY
2101 Springfield Ave – Laredo, TX 78040 – (956) 723-7480 - Allstate Insurance Agent: Powell-Watson Insurance Group
6301 Arena Blvd Ste A – Laredo, TX 78041 – (956) 764-4399 - Allstate Insurance Agent: Luis Cardenas
1418 E Saunders St Ste 1 – Laredo, TX 78041 – (956) 726-8944