For veterans, one of the big criteria that are looked at to help calculate car insurance rates is where you live. Larger areas likely pay more, whereas areas with lower crime rates and fewer weather claims have the enjoyment of a little cheaper coverage.
The following table ranks the highest-priced places in Texas for veterans to purchase a policy in. San Antonio is ranked #15 with an annual cost of $1,671 on average, which is about $139 monthly.
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Rates are estimated as the vehicle garaging location can modify insurance rates considerably.
Establishing which companies have the most affordable car insurance rates for veterans takes more time than just getting one or two price quotes. Every car insurance company has a proprietary formula to determine premium rates, so let’s rank the most affordable car insurance companies in Texas.
It’s a good idea to know that San Antonio, TX car insurance rates are impacted by many factors which can substantially change the price you pay for coverage. Simply getting older, buying a different vehicle, or having a fender bender may generate price changes that may make certain companies affordable when they were higher priced.
Best Insurance Companies for Vets
Travelers offers some of the most affordable car insurance rates in San Antonio at around $1,021 annually. This is $883 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also rank well as some of the best San Antonio, TX auto insurance companies.
As the example above demonstrates, if you are insured with Germania Mutual and switched to USAA, you might see an annual premium reduction of about $165. Texas drivers with Esurance might save as much as $248 a year, and California Casualty insureds might lower prices by $265 a year.
To find out how your current rates compare, click here to start your custom quote or quote rates from the companies below.
These policy prices are averages for all types of insureds and vehicles and do not take into consideration a specific vehicle garaging location for veterans. So the company that can offer you the lowest price may not even be in the top 23 companies in the list above. That emphasizes why you need to compare prices as often as possible using your own specific driver information and vehicle.
The type of vehicle you are trying to insure is one of the biggest factors when comparison shopping for the cheapest auto insurance for veterans. Vehicles with higher performance characteristics, poor passenger safety features, or a high likelihood of having liability claims will cost significantly more to insure than safer, lower-performance models.
The next table features coverage premiums for some of the more affordable automobiles to insure in Texas.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$955|
|Jeep Wrangler Sahara 4WD 2-Dr||$1,070|
|Ford Escape XLT 4WD||$1,105|
|Chevrolet Impala LS||$1,107|
|Honda Accord EX-L 4-Dr Sedan||$1,136|
|Hyundai Elantra SE Touring Station Wagon||$1,144|
|Toyota Tacoma Double Cab TRD Sport Package 4WD||$1,149|
|Toyota Camry XLE||$1,191|
|Chevrolet Silverado LS Crew Cab 4WD||$1,211|
|Jeep Grand Cherokee Limited 2WD||$1,218|
|Toyota RAV4 Limited 2WD||$1,237|
|GMC Sierra SLE Crew Cab 2WD||$1,243|
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Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Premium costs do not factor in specific San Antonio, TX garaging location which can influence price quotes significantly.
Based upon these rates, makes and models like the Honda CR-V, Jeep Wrangler, and Ford Escape are most likely to be a few of the more affordable vehicles to insure for veterans.
How to get discounts on San Antonio auto insurance rates
Insurers that offer coverage for veterans may also give you special discounts that can lower rates by 40% or more if you are eligible. Larger car insurance companies and a partial list of their discounts are outlined below.
- AAA has discounts for good driver, pay-in-full, anti-theft, multi-car, multi-policy, good student, and education and occupation.
- Progressive may have discounts that include online quote discount, homeowner, online signing, multi-policy, continuous coverage, and multi-vehicle.
- State Farm offers discounts for anti-theft, safe vehicle, good student, driver’s education, Steer Clear safe driver discount, student away at school, and multiple policy.
- Esurance offers discounts including homeowner, claim free, Pac-12 alumni, paid-in-full, safety device, and anti-lock brakes.
- Nationwide policyholders can earn discounts including accident-free, good student, anti-theft, Farm Bureau membership, multi-policy, family plan, and defensive driving.
The information below shows the difference between car insurance rates with and without policy discounts. The premiums are based on a female driver, no violations or accidents, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with passive restraint, homeowner, anti-theft, vehicle safety, claim-free, and accident-free discounts applied. When drivers qualify for the discounts, the average amount saved each year on car insurance for veterans is 28% or $645.
How to find a good San Antonio car insurance company
Choosing a high-quality auto insurance provider can be rather challenging considering how many different companies sell coverage in San Antonio. The information listed below could help you choose which providers you want to consider when trying to find cheaper insurance for veterans.
These ratings are for companies with a national presence, so companies that may only write in Texas are not included in these rankings. To compare prices and find the cheapest rates for veterans, just click here.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies
Safe drivers pay less for car insurance
The obvious way to maintain the most affordable car insurance premiums in Texas for veterans is to drive carefully and not get tickets or have accidents. The chart below demonstrates how citations and at-fault collisions can influence insurance costs for different ages of insureds. The rates are based on a single female driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.
In the example above, the average cost of an auto insurance policy per year with no violations or accidents is $1,709. Add in one speeding ticket and the average cost hikes up to $1,937, an increase of $229 each year. Then include one accident along with the one speeding ticket and the yearly cost of car insurance for veterans jumps again to an average of $2,572. That’s an increase of $863, or $72 per month, just for not maintaining a clean driving record!
Here’s why you should compare rates often
San Antonio, TX car insurance rates are based on many factors that control the price you pay for coverage. Simply having another birthday, marrying your spouse, or getting a speeding ticket can produce rate changes resulting in some rates now being much cheaper than others. Not only may things change on your end, but insurance companies file new Texas car insurance rates every year or even multiple times each year in order to maintain liquidity for claims. Significantly higher claims may cause a rate increase, while less frequent claims may result in cheaper San Antonio car insurance rates.
For example, the data below shows rates for the cheapest car insurance in San Antonio, TX for a 30-year-old female driver with a clear driving record, no claims, and good financial standing. Based on her current rating profile, Travelers has the most affordable car insurance rates in San Antonio at $1,158 annually. This is $746 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance round out the rest of the best San Antonio, TX auto insurance companies.
The example below compares rates after we give the driver in the first example a claim or two, a lower credit rating, and an imperfect driving record. Since each insurance company has a unique approach for determining prices, comparing rates may now present a substantially altered list of companies as shown below.
Mercury now has the lowest price in San Antonio with USAA, State Farm, Nationwide, and Safe Auto also having competitive pricing. This example illustrates why Texas drivers need to compare many different companies when trying to get affordable car insurance quotes for veterans.
Insurance rates can be determined by many risk factors and change dramatically, so the best company the last time you shopped your coverage around may now not even be in the top five.