The car, truck, or SUV requiring coverage is a significant factor when comparing quotes for the best auto insurance for low credit scores. Vehicles with lower performance, an excellent safety record, or low incidents of liability claims will cost significantly less to insure than higher performance models.
The table below illustrates auto insurance premiums for the most cost-effective vehicles to insure in Texas.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$981|
|Dodge Grand Caravan CV||$1,095|
|Honda CR-V LX 4WD||$1,101|
|Jeep Grand Cherokee Laredo 4WD||$1,157|
|Honda Accord EX-L 4-Dr Sedan||$1,164|
|Honda Odyssey LX||$1,170|
|Toyota Tacoma Double Cab 4WD||$1,179|
|Ford Explorer XLT 4WD||$1,195|
|Ford Focus SEL 4-Dr Sedan||$1,199|
|Nissan Rogue S 2WD||$1,240|
|Chevrolet Silverado LT Regular Cab 2WD||$1,248|
|Chevrolet Impala LT||$1,264|
|Ford Edge Limited 2WD||$1,275|
|Honda Civic SI 4-Dr Sedan||$1,282|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$1,289|
|Nissan Altima 2.5 4-Dr Sedan||$1,304|
|Chevrolet Equinox LS AWD||$1,310|
|Toyota RAV4 4WD||$1,304|
|Hyundai Elantra Blue 4-Dr Sedan||$1,311|
|Kia Optima EX||$1,324|
|Ford F-150 FX4 4WD||$1,333|
|Hyundai Sonata GLS 4-Dr Sedan||$1,356|
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Data rating is 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 safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Information does not factor in specific San Antonio, TX garaging location which can alter coverage rates considerably.
Based upon these rates, you can conclude that makes and models like the Ford Escape, Toyota Prius, Dodge Grand Caravan, Honda CR-V, and Jeep Grand Cherokee should be the cheaper vehicles to insure for bad credit.
Finding good, cost effective auto insurance is not easy, and figuring out which insurers offer the most affordable auto insurance rates for low credit scores will take additional perseverance. Every car insurance company has a different process to determine rates, so let's take a look at the auto insurance companies with the overall cheapest rates in San Antonio.
Find the Best Cheap Insurance in Texas
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,199|
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Travelers offers some of the best car insurance rates in San Antonio at around $1,010 per year. This is $894 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also make the list of some of the most economical San Antonio, TX car insurance companies.
As shown in the rates above, if you currently buy coverage from Germania Mutual and switched to Travelers, you could realize a yearly price reduction of about $272. Drivers with Esurance could save as much as $355 a year, and California Casualty policyholders might see rate reductions of $428 a year.
Understand that those premium estimates are averaged across all types of insureds and vehicles and do not factor in a vehicle location for low credit scores. So the company that fits you best may not even be in the list above. That affirms the importance of why you need to get auto insurance quotes using your own personalized driver profile and vehicle information.
One of the many criteria that are looked at to help calculate the price you pay for insurance is where you call home in San Antonio. Cities with more crime and/or more people are more likely to pay higher prices, whereas areas that tend to be more rural can boast about having cheaper rates.
The table below lists the most costly cities in Texas for low credit scores in which to purchase auto insurance. San Antonio is listed at #12 with an annual rate of $1,739 for the average insured, which is approximately $145 each month.
|Rank||City||Average Per Year|
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Rate quotes are estimated as specific San Antonio garaging address can modify premium rates considerably.
The illustration below demonstrates how deductible levels can influence insurance costs when quoting cheap insurance for low credit scores. The rate quotes are based on a single male driver, full coverage, and no discounts are applied to the premium.
The data above shows that a 30-year-old driver could save $352 a year by switching from a $100 deductible to a $500 deductible, or save $530 by using a $1,000 deductible. Younger drivers, like the Age 20 category, could drop their prices up to $1,026 or more by choosing larger deductibles on their policy.
If you make the decision to raise deductibles, it will be required to have additional funds squirreled away to offset the extra out-of-pocket expense that deters many people from opting for higher deductibles.
What is the best auto insurance company in Texas?
Selecting a highly-rated insurance company can be challenging considering how many different insurance companies sell coverage in San Antonio. The ranking information shown next can help you select which insurers you want to consider when comparing rate quotes.
These rankings only include insurance companies that insure vehicles in the majority of U.S. states, so companies with more of a regional focus will not be included in this list. To compare price quotes from these and other top-rated companies, simply click here.
Top 10 Major Auto Insurers Overall in San Antonio
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
How to find budget-friendly auto insurance for low credit scores
The list below summarizes some of the better penny-pinching suggestions that can help San Antonio drivers get low-cost coverage.
- Drive attentively and avoid accidents
- Raise your physical damage coverage deductibles
- Avoid speeding and other traffic citations and pay less
- Assess whether full coverage is needed
- Increase your credit score
- Safer vehicles cost less to insure
- Compare rates regularly and switch companies to save money
The last tip in the list is extraordinarily necessary, as was stressed in this article. Car insurance rates can change considerably in a year, so drivers shouldn't hesitate to buy from a different company if a lower price can be found. Sticking with a specific company is fine, but it's not a good idea if that loyalty ends up costing money that could be spent on other things. Take a couple minutes and shop around to find cheaper insurance for low credit scores in San Antonio.
If you would rather have the advice of a professional agent when buying car insurance for bad credit, the insurance agencies below are a good start to help you decide which coverage meets your needs best.
To find a San Antonio insurance agent in your neighborhood, click the button link following the list.
- Tim McBroom - State Farm Insurance Agent
8802 Marbach Rd #100 - San Antonio, TX 78227 - (210) 673-3401
- Toubin Insurance Agency
7410 Blanco Rd #385 - San Antonio, TX 78216 - (210) 446-0109
- Ellis Insurance Agency
15335 San Pedro Ave - San Antonio, TX 78232 - (210) 979-9000