One of the more important components that aid in calculating the annual cost of car insurance is where your residence is in San Antonio. Areas with increased crime or more people tend to have more expensive auto insurance rates, whereas more rural areas profit from lower rates.
The following table sorts the most expensive cities in Texas for unemployed drivers in which to buy car insurance. San Antonio is ranked at #13 with an annual cost of $1,688 for the average insurance policy, which is approximately $141 per month.
|Rank||City||Premium Per Year|
|Find Cheaper Rates Go|
Information shown are comparative as the garaging address in San Antonio can impact premiums greatly.
Finding reliable, affordable car insurance is hard enough, and figuring out which company has the most affordable auto insurance rates for unemployed drivers involves even more perseverance. Each company has a unique approach to set premium rates, so we’ll take a look at the lowest cost auto insurance companies in San Antonio.
It’s important to know that San Antonio, TX auto insurance rates are based on many factors which can substantially change the cost of your policy. Things like having a birthday, having a teenage driver, or getting a DUI can trigger changes in premium that can now make some companies higher-priced than the competition.
Cheapest Insurance Rates for Job Seekers
Travelers generally has some of the lowest car insurance rates in San Antonio at around $1,052 a year. This is $852 less than the average premium paid by Texas drivers of $1,904. USAA, Germania Mutual, Texas Farm Bureau, and Esurance are also some of the lowest-priced San Antonio, TX car insurance companies.
In the above example, if you currently have coverage with Texas Farm Bureau and switched to USAA, you may see savings of around $163. Policyholders with Esurance might save as much as $323 a year, and California Casualty insureds might realize rate reductions of up to $354 a year.
Remember that these policy rates are averaged for all insureds and vehicles and and are not calculated with a specific vehicle garaging location for unemployed drivers. So the auto insurance company that has the cheapest price for you may not even be in the top 23 companies in the list above. That helps illustrate why you need to compare as many prices as possible using your own driver and vehicle profiles.
The example below demonstrates how choosing different deductibles can affect insurance rates when quoting cheap insurance for unemployed drivers. The rate quotes are based on a single male driver, full coverage, and no discounts are applied to the premium.
As shown above, a 40-year-old driver could pocket $314 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $472 by changing to a $1,000 deductible. Even younger drivers, like the Age 20 chart data, could shave up to $1,026 or even more by selecting a higher deductible. If you do make the decision to raise your deductibles, it is a good idea to have enough funds in savings to allow you to cover the extra out-of-pocket expense. That is the one drawback of using higher deductibles.
Types of discounts on San Antonio insurance
Insurance companies that provide policies for unemployed drivers may also provide policy discounts that can lower rates by 35% or more if you are eligible for them. Larger auto insurance companies and a partial list of their discounts are detailed below.
- Esurance may include discounts for Switch & Save, good student, paid-in-full, renters, defensive driver, and Pac-12 alumni.
- The Hartford may offer discounts for defensive driver, bundle, anti-theft, vehicle fuel type, air bag, and driver training.
- AAA includes discounts for education and occupation, good driver, multi-car, good student, and anti-theft.
- GEICO has savings for five-year accident-free, driver training, air bags, seat belt use, and emergency military deployment.
- State Farm may have discounts that include Steer Clear safe driver discount, passive restraint, good driver, Drive Safe & Save, and accident-free.
The information below illustrates the comparison of insurance costs with and without policy discounts. The price estimates are based on a male driver, no accidents, no driving violations, Texas state minimum liability limits, full physical damage coverage, and $100 deductibles.
The first bar for each age group shows the price with no discounts. The lower bar shows the rates with claim-free, vehicle safety, accident-free, multiple vehicle, passive restraint, and marriage discounts applied. When these discounts are applied to the policy premium, theaverage amount saved on auto insurance for unemployed drivers is 28% or $601.
Your low-price policy may be costing you money
San Antonio auto insurance rates are based on many factors which can significantly increase or decrease the price of coverage. Simply turning a year older, getting married, or getting a couple of tickets can trigger rate changes resulting in some companies being much cheaper than others.
Not only may your risk profile change, but car insurance companies change their prices every year or even multiple times each year to help ensure profitability. Higher than normal claim frequency or severity can result in increased policy costs, while lower claims may result in lower-priced San Antonio car insurance rates.
As an example, the bar chart below compares the cheapest car insurance in San Antonio, TX for a 35-year-old male driver with no violations or accidents, and a good credit history. Based on his personal risk profile, Travelers quotes the lowest car insurance rates in San Antonio at $1,181 a year. This is $723 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also on the list of the cheapest San Antonio, TX auto insurance companies.
Now let’s give the driver from the first example an accident surcharge, a lower credit rating, and a stop sign violation. Due to the fact that every auto insurer has their own process to set policy rates, comparing rates could result in a new list of cheap San Antonio auto insurance companies as shown below.
State Farm now has the cheapest insurance rate in San Antonio, TX with Mercury, Nationwide, USAA, and Safe Auto also being competitive. This demonstrates why it is critical to take the time to shop around to get the cheapest auto insurance quotes for unemployed drivers. Rates are influenced by many things and can increase or decrease at any time, so the cheapest rate a year ago may now be one of the more expensive options.
The agencies below are a good start to provide answers to your questions and help you determine which coverage meets your needs best, since many people would rather have the advice of a professional agent when trying to find lower insurance rates for unemployed drivers. It can be hard to find the best coverage on your own, so getting advice from a licensed Texas insurance agent can give peace of mind knowing your coverage gives you suitable coverage if you have an accident.
To locate a San Antonio insurance agent nearest to you, click the button link following the list or click here to compare price quotes now.
Joe Trevino – State Farm Insurance Agent
4951 De Zavala Rd – San Antonio, TX 78249 – (210) 694-0866
Mike Smith – State Farm Insurance Agent
14802 Jones Maltsberger Rd #201 – San Antonio, TX 78247 – (210) 251-3657
Tim Lucas State Farm Insurance Agent
21790 Bulverde Rd, 101 – San Antonio, TX 78259 – (210) 494-6700
State Farm: John Pitre
825 W Bitters Rd #105 – San Antonio, TX 78216 – (210) 514-1083
State Farm: Sam Longoria
11026 Culebra Rd #105 – San Antonio, TX 78253 – (210) 433-3264