Who Has Cheap Laredo Auto Insurance for Real Estate Agents?

The type of vehicle you are buying coverage for is one of the largest factors that determines the availability of the most economical auto insurance for real estate agents. Vehicles with more horsepower, poor crash test ratings, or high incidents of liability claims will cost more to insure than more economical and safe models. The table below features car insurance premiums for some of the most cost-effective automobiles to buy insurance for.

Cheapest Vehicles to Insure in Laredo, TX
Make and Model Estimated Cost for Full Coverage
Honda Odyssey EX $1,331
Honda CR-V EX-L 4WD $1,338
Toyota RAV4 Limited 4WD $1,357
GMC Sierra SLE Crew Cab 2WD $1,364
Chevrolet Equinox LS 2WD $1,357
Toyota Prius $1,398
Ford Escape Limited 4WD $1,401
Hyundai Elantra SE Touring Station Wagon $1,409
Toyota Tacoma 4WD $1,403
Toyota Camry SE $1,432
Toyota Corolla XRS $1,459
Volkswagen Jetta SE 4-Dr Sedan $1,468
Dodge Grand Caravan CV $1,461
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Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Rates do not factor in your specific Laredo, TX location which can lower or raise prices considerably.

Based upon the rates shown, we can presume that vehicles like the Honda Odyssey, Honda CR-V, and Toyota RAV4 will be the most affordable vehicles to insure for realtors.

For realtors, one of the more important things that determine auto insurance rates is the neighborhood you call home. Areas with increased crime or more people are more likely to pay higher prices, whereas less populated areas can boast about having cheaper rates.

The illustration below shows the priciest cities in Texas for real estate agents in which to purchase auto insurance. Laredo is listed at #3 having an annual price of $1,889 for the average policyholder, which is around $157 monthly.

How much is car insurance in Laredo?
Rank City Average Per Year
1 McAllen $1,996
2 Houston $1,891
3 Laredo $1,889
4 Brownsville $1,870
5 Amarillo $1,858
6 Dallas $1,837
7 Garland $1,832
8 Mesquite $1,807
9 Pasadena $1,758
10 Grand Prairie $1,757
11 Beaumont $1,754
12 Lubbock $1,733
13 San Antonio $1,722
14 Irving $1,719
15 Fort Worth $1,670
16 Arlington $1,642
17 El Paso $1,632
18 McKinney $1,625
19 Austin $1,610
20 Plano $1,608
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Annual rates are comparative as the specific zip code location can increase or decrease coverage rates noticeably.

Finding cheap insurance is challenging, and deciding which insurers offer the cheapest car insurance rates for real estate agents requires even more perseverance. Each auto insurer uses their own formula for determining prices, so first let’s look at the rankings for the car insurance companies with the most affordable rates in Laredo.

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Rankings for the cheapest Texas auto insurance companies
Rank Company Cost Per Year
1 Travelers $1,021
2 USAA $1,128
3 Texas Farm Bureau $1,247
4 Germania Mutual $1,256
5 Esurance $1,379
6 California Casualty $1,396
7 Mercury $1,461
8 State Farm $1,510
9 Nationwide $1,585
10 Safe Auto $1,613
11 Progressive $1,647
12 Allstate $1,718
13 Amica $1,775
14 GEICO $2,093
15 Home State $2,155
16 MetLife $2,183
17 Encompass $2,301
18 Unitrin $2,310
19 21st Century $2,494
20 Titan $2,646
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Travelers quotes some of the most affordable car insurance rates in Laredo at around $1,021 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also some of the cheapest Laredo, TX insurance companies.

In the above rates, if you currently buy coverage from Germania Mutual and switched to USAA, you might see an annual savings of roughly $128. Customers with Esurance might save as much as $251 a year, and California Casualty customers might lower prices by up to $268 a year.

Be aware that those estimates are averages across all ages of drivers and types of vehicles and do not factor in a specific zip code for real estate agents. So the company that has the lowest price for you may not even be in the list above. That is why you need to get car insurance quotes using your own driver and vehicle profiles.

Texas car insurance company ratings

Selecting a high-quality insurer is difficult considering how many companies provide coverage in Texas. The company ratings below may help you select which providers to look at shopping your coverage with.

These ratings include the largest companies in America, so companies that may only write in Texas are not taken into consideration for these rankings. To get price quotes from these and other competitive companies, just click here.

Best Car Insurance Companies for Real Estate Agents in Texas
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
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
Titan Insurance 86 82 92 86% A+ 86.5
21st Century 86 82 90 84% A 86.4
Liberty Mutual 79 87 95 78% A 85.3
Farmers Insurance 77 80 80 84% A 80.3
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Data Source: Insure.com Best Car Insurance Companies

Rate comparison of full coverage and liability-only

Reducing the cost of car insurance is important to most people, and one easy way to find cheaper insurance for real estate agents is to only buy liability coverage. The illustration below shows the comparison of insurance costs with liability coverage only compared to full coverage. The rate quotes are based on no driving violations, no at-fault accidents, $1,000 deductibles, marital status is single, and no other discounts are factored in.

If averaged out across all ages, physical damage coverage on your policy costs $1,598 per year more than buying just liability insurance. Many drivers may wonder when is the right time to remove full coverage. There is no specific rule to exclude physical damage coverage, but there is a general convention. If the annual cost of coverage is more than about 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

How to find economical car insurance for real estate agents

The list below shows many penny-pinching suggestions that can help Texas drivers quote cheaper coverage.

The last tip in the list is highly significant, as we discussed in this article. Prices charged by companies in Laredo change frequently, so you should be ready to switch carriers if a better rate can be found. We understand brand loyalty, but it’s not a great idea if that loyalty results in overpaying a fortune every year. It only takes a couple minutes to compare rates to find cheaper insurance for real estate agents.

The insurance agencies below can probably help you decide which insurance coverage you need, since some drivers wish to get some professional input when comparing insurance rates for realtors. It’s not always simple to do it yourself, so a professional agent can bring peace of mind knowing your policy gives you sufficient protection if you have a claim. To locate a Laredo car insurance agency using an interactive map, click the link at the bottom or click here to compare price quotes now.

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