One of the many things that are looked at to help calculate car insurance rates is where you choose to live in Corpus Christi. More populated areas tend to have more expensive auto insurance rates, whereas areas that tend to be more rural receive better rates.
The next table lists the priciest cities in Texas for 16 year olds to purchase auto insurance in. Corpus Christi is listed at #20 with the yearly price of $1,572 for the average policy, which is approximately $131 per month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | McAllen | $1,956 |
| 2 | Houston | $1,909 |
| 3 | Amarillo | $1,858 |
| 4 | Brownsville | $1,851 |
| 5 | Garland | $1,850 |
| 6 | Dallas | $1,837 |
| 7 | Laredo | $1,833 |
| 8 | Mesquite | $1,825 |
| 9 | Pasadena | $1,812 |
| 10 | Grand Prairie | $1,811 |
| 11 | Irving | $1,772 |
| 12 | San Antonio | $1,722 |
| 13 | Beaumont | $1,720 |
| 14 | Lubbock | $1,716 |
| 15 | Austin | $1,676 |
| 16 | Arlington | $1,642 |
| 17 | El Paso | $1,632 |
| 18 | Fort Worth | $1,621 |
| 19 | Carrollton | $1,615 |
| 20 | Corpus Christi | $1,572 |
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Premium costs are comparative as zip code location can affect coverage prices significantly.
Deciding which companies have the best insurance rates for 16 year olds will take a little more work than just quoting one company’s rates. Each company has their own process to set their prices, so let’s take a look at the lowest cost insurance companies in Corpus Christi.
It’s important that you understand Corpus Christi insurance rates are determined by lots of factors that can increase the price you pay. Simply getting older, having a teen driver, or getting a speeding ticket can produce rate changes that can now make some companies more affordable than competitors.
Find the Cheapest Auto Insurance for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,021 |
| 2 | USAA | $1,128 |
| 3 | Texas Farm Bureau | $1,211 |
| 4 | Germania Mutual | $1,282 |
| 5 | California Casualty | $1,382 |
| 6 | Esurance | $1,421 |
| 7 | Mercury | $1,461 |
| 8 | State Farm | $1,495 |
| 9 | Nationwide | $1,585 |
| 10 | Safe Auto | $1,613 |
| 11 | Allstate | $1,667 |
| 12 | Progressive | $1,698 |
| 13 | Amica | $1,757 |
| 14 | GEICO | $2,135 |
| 15 | Home State | $2,155 |
| 16 | MetLife | $2,161 |
| 17 | Encompass | $2,255 |
| 18 | Unitrin | $2,310 |
| 19 | 21st Century | $2,396 |
| 20 | Titan | $2,646 |
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Travelers has some of the lowest car insurance rates in Corpus Christi at around $1,021 annually. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty would also be considered some of the cheapest Corpus Christi, TX insurance companies.
As shown above, if you are a customer of Germania Mutual and switched to USAA, you might see an annual savings of around $154. Texas drivers with California Casualty could save as much as $254 a year, and Esurance policyholders might reduce prices by as much as $293 a year.
Bear in mind that those prices are averages across all types of drivers and the different vehicles they drive and are not factoring in a vehicle location for 16 year olds. So the insurer that has the cheapest rates for you may not even be in the top 23 companies shown above. That helps illustrate why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.
The car, truck, or SUV that is being insured is one of the primary factors when shopping for the most economical auto insurance for 16 year olds. Vehicles with high performance features, a lack of advanced safety features, or a high likelihood of having liability claims will cost quite a bit more to insure than safer, lower-performance models.
The table below outlines car insurance prices for the cheaper vehicles to buy insurance for.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $3,974 |
| Honda CR-V EX 2WD | $3,980 |
| Honda Accord EX 4-Dr Sedan | $3,974 |
| Ford Escape Limited 2WD | $4,013 |
| Toyota Prius | $4,294 |
| Ford Edge SE 2WD | $4,431 |
| Ford Explorer XLT 2WD | $4,469 |
| Dodge Grand Caravan CV | $4,476 |
| Toyota Tacoma 4WD | $4,469 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $4,476 |
| Chevrolet Impala LS | $4,674 |
| Volkswagen Jetta S 4-Dr Sedan | $4,713 |
| Jeep Grand Cherokee Laredo 2WD | $4,722 |
| Compare Cheap Rates Go | |
Prices above based on single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, and claim-free. Prices do not factor in the specific area where the vehicle is garaged which can revise insurance rates noticeably.
Based upon the rates shown, we can presume that cars like the Hyundai Elantra, Honda CR-V, Honda Accord, Ford Escape, and Toyota Prius are most likely to be a few of the cheaper vehicles to insure for new drivers. Prices will tend to be more expensive because of the fact that there is more claim risk for 16 year olds, but overall those particular models will tend to have the lowest insurance rates compared to other types of vehicles.
Get discounts on Corpus Christi car insurance rates
Insurance companies that offer cheap quotes for 16 year olds may provide rate discounts that may potentially lower prices by 25% or more if you meet certain criteria. Companies and some of the discounts are included below.
- GEICO may include discounts for anti-lock brakes, five-year accident-free, driver training, good student, emergency military deployment, and military active duty.
- SAFECO has savings for safe driver, homeowner, anti-lock brakes, bundle discounts, teen safe driver, and accident prevention training.
- State Farm may offer discounts for good driver, Steer Clear safe driver discount, student away at school, multiple policy, multiple autos, and driver’s education.
- MetLife has discounts for defensive driver, good student, multi-policy, claim-free, good driver, and accident-free.
- 21st Century policyholders can earn discounts including driver training, early bird, automatic seat belts, theft prevention, anti-lock brakes, and student driver.
- Progressive offers premium reductions for good student, multi-vehicle, online quote discount, homeowner, online signing, multi-policy, and continuous coverage.
The chart below illustrates the comparison of auto insurance costs with and without discounts. The costs are based on a female driver, a clean driving record, no at-fault accidents, Texas state minimum liability limits, comp and collision included, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with continuous coverage, passive restraint, paid-in-full, vehicle safety, anti-theft, and good student discounts applied. When these discounts are applied, theamount saved on insurance for 16 year olds is 28% or $752.
How much more does full coverage cost?
Paying less for insurance is important to the majority of people, and an effective way to pay lower rates for insurance for 16 year olds is to only pay for liability coverage. The chart below shows the comparison of insurance costs with full physical damage coverage and with liability coverage only. The price estimates are based on no accidents or driving violations, $500 deductibles, single marital status, and no other discounts are factored in.
As an overall average, physical damage coverage on your policy costs an extra $1,793 per year more than just insuring for liability. That amount may make you wonder if you should buy full coverage at all. There isn’t a written rule to stop paying for physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
There are a few cases where buying only liability insurance is not a good plan. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.
Are you paying too much for car insurance in Corpus Christi?
Corpus Christi, TX insurance rates are calculated based on many things which can significantly increase or decrease the price you pay for coverage. Simply getting older, having a claim, or getting a speeding ticket may cause policy rate changes resulting in some rates now being more affordable than others.
Not only may your situation change, but car insurance companies modify rates every year or even multiple times each year to adjust for gains or losses. A period of increased losses may cause higher prices, while profitable underwriting can produce cheaper Corpus Christi car insurance rates.
As an example, the chart below compares the cheapest car insurance in Corpus Christi, TX for a 30-year-old male driver with a clear driving record, no claims, and good financial standing. When comparing rates based on his current risk factors, Travelers quotes the most affordable car insurance rates in Corpus Christi at $1,089 annually. This is $815 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are also included in the best Corpus Christi, TX auto insurance companies.
Let’s now give the driver in the first example an accident claim, poor credit, and a speeding ticket. Since each insurance company has a unique approach for determining rates in each state, analyzing rate quotes will most likely result in a slightly different list of companies as shown below.
Mercury now has the best auto insurance rate in Corpus Christi, TX with State Farm, USAA, Nationwide, and Safe Auto also being competitive. This example demonstrates why it is critical to shop around when trying to find the best insurance quotes for 16 year olds.
Insurance rates can be determined by many risk factors and change substantially, so the cheapest rate six months ago may now not even be in the top five.
Ideas for buying more affordable insurance for 16 year olds
Below you’ll find a few money-saving suggestions that can help Texas drivers quote cheaper auto insurance.
- Too many claims can make car insurance unaffordable
- Do not pay for comprehensive and collision coverage on older vehicles
- Safer vehicles generally have cheaper insurance rates
- Higher comprehensive and collision coverage deductibles will save money
- Bundle home and auto and save
- Better credit scores save money
- Compare quotes from other companies often
The last idea is extremely critical, as we emphasized in this article. Prices charged by car insurance companies vary considerably, so drivers shouldn’t hesitate to buy a policy from a new company if a cheaper rate is available. Having a favorite company is great, but is isn’t recommended if your bullheadedness ends up costing you hundreds of dollars year after year. It only takes a couple minutes to compare rates to find cheaper auto insurance for 16 year olds in Corpus Christi.