The words “economical” and “insurance” probably shouldn’t be used in the same sentence, in particular when trying to find the cheapest coverage for felons. To save some money, let’s familiarize you with a few of the factors that have an effect on car insurance prices, and find some ways to take a little off your next policy.
Finding decent, cheap car insurance is tough enough, and determining which companies quote the best insurance rates for felons will involve a little more work. Each insurance company has a different formula to determine premium rates, so first we will examine the lowest cost insurance companies in Corpus Christi, TX.
Keep in mind that Corpus Christi, TX insurance rates are calculated based on many things which can significantly increase or decrease the price you pay for coverage. Improving your credit score, buying a higher-value vehicle, or getting caught speeding can cause premium changes resulting in some rates now being more affordable than the competition.
Best Car Insurance Prices for Felons
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,247 |
| 4 | Germania Mutual | $1,256 |
| 5 | Esurance | $1,379 |
| 6 | California Casualty | $1,382 |
| 7 | Mercury | $1,461 |
| 8 | State Farm | $1,465 |
| 9 | Nationwide | $1,585 |
| 10 | Safe Auto | $1,597 |
| 11 | Progressive | $1,647 |
| 12 | Allstate | $1,667 |
| 13 | Amica | $1,757 |
| 14 | GEICO | $2,093 |
| 15 | Home State | $2,155 |
| 16 | MetLife | $2,183 |
| 17 | Unitrin | $2,241 |
| 18 | Encompass | $2,301 |
| 19 | 21st Century | $2,396 |
| 20 | Titan | $2,646 |
| Find Cheaper Rates Go | ||
Travelers quotes some of the most affordable car insurance rates in Corpus Christi at around $1,052 a year. This is $852 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also rank well as some of the cheaper Corpus Christi, TX car insurance companies.
As the rates illustrate above, if you are a policyholder with Germania Mutual and switched to Travelers, you might see yearly savings of around $204. Drivers with Esurance might save as much as $327 a year, and California Casualty policyholders might lower prices by $330 a year.
Understand that those policy rates are averages for all types of insureds and vehicles and do not factor in an exact location for felons. So the insurer that fits you best may not even be in the top 23 companies shown above. That is why you need to get quotes using your own driver data and vehicle information.
For felons, one of the more important components that aid in calculating the amount you pay for auto insurance is where you choose to live in Corpus Christi. Cities with larger populations or higher claim trends will most likely have higher rates, whereas areas that tend to be more rural have the gratification of cheaper auto insurance rates.
The illustration below rates the most costly cities in Texas for felons to purchase car insurance in. Corpus Christi is ranked at #22 with the yearly price of $1,572 for coverage, which is about $131 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | McAllen | $1,936 |
| 2 | Houston | $1,853 |
| 3 | Brownsville | $1,851 |
| 4 | Garland | $1,850 |
| 5 | Amarillo | $1,840 |
| 6 | Dallas | $1,837 |
| 7 | Laredo | $1,833 |
| 8 | Grand Prairie | $1,811 |
| 9 | Irving | $1,772 |
| 10 | Mesquite | $1,771 |
| 11 | Pasadena | $1,740 |
| 12 | Beaumont | $1,702 |
| 13 | San Antonio | $1,688 |
| 14 | Lubbock | $1,682 |
| 15 | Austin | $1,659 |
| 16 | Arlington | $1,642 |
| 17 | El Paso | $1,616 |
| 18 | Carrollton | $1,615 |
| 19 | McKinney | $1,609 |
| 20 | Plano | $1,608 |
| Find Cheaper Rates Go | ||
Rate information is estimated as the specific geographic location can affect premiums substantially.
Ending up with a good quality company is hard considering how many different companies there are to choose from in Texas. The company rank data in the lists below could help you analyze which coverage providers to look at when comparing auto insurance rates for felons.
These ratings are only comprised of the largest companies in America, so companies that focus mainly on Texas business are not factored into the list. To compare price quotes from many more Texas auto insurance companies, just click here.
Top 10 Major Auto Insurers in Corpus Christi Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance
Top 10 Major Auto Insurers in Corpus Christi Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
Rate comparison of full coverage and liability-only
Paying a lower price for insurance should be important to most vehicle owners, and one common way to reduce the cost of insurance for felons is to only buy liability coverage. The example below shows the difference between auto insurance rates with full coverage compared to only the Texas minimum liability coverage. Data assumes no claims, a clean driving record, $500 deductibles, single marital status, and no discounts are factored in.
Averaged for all age groups, physical damage coverage costs $1,793 per year over having just liability coverage. Many drivers will wonder if it’s worth it to buy full coverage. There isn’t a steadfast formula to exclude comp and collision coverage, but there is a general school of thought. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s say your vehicle’s replacement cost is $6,500 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $5,500 after paying your policy deductible. If you are paying in excess of $550 annually for full coverage, then you might consider buying liability only.
Why you should shop around
Corpus Christi, TX insurance rates are calculated based on many things that may substantially change the cost of having a policy. Turning one year older, increasing deductibles, or getting a DUI may prompt premium changes that can cause some rates to be much cheaper than others. In addition to those changes, insurers modify rates at least once a year to adjust for gains or losses. Higher than usual claims can result in more expensive premiums, while a lower level of claims can cause cheaper Corpus Christi car insurance rates.
For example, the data below shows the cheapest car insurance in Corpus Christi, TX for a 45-year-old male driver with a clear driving record, no claims, and a decent credit rating. When comparing rates based on his current risk factors, Travelers may have the lowest car insurance rates in Corpus Christi at $1,067 a year. This is $837 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance round out the rest of the best Corpus Christi, TX auto insurance companies.
Let’s now give the driver from the first set of rates a claim surcharge, a little lower credit rating, and a few traffic violations. Since each auto insurance company has their own unique process to set their prices, comparing insurance quotes may result in a different ranking of affordable companies as shown below.
State Farm now has the lowest price in Corpus Christi, TX with USAA, Mercury, Safe Auto, and Nationwide now being in the top five. This example demonstrates why it is so important to spend some time comparing rates to find the most economical car insurance rates for felons. Auto insurance prices can be determined by many things and can change substantially, so the most economical option three years ago may now not even be in the top five.
How to find budget-friendly auto insurance for felons
The list below summarizes some of the recommended penny-pinching solutions that can help you locate cheaper coverage.
- Increase deductibles to save money
- Save money by insuring older vehicles for liability only
- Do not get traffic tickets
- Staying accident-free helps keep rates low
- Don’t have frequent claims
- Compare rates once a year for cheaper prices
That final tip is extraordinarily vital, as we hit on in this piece. Coverage prices vary greatly, so drivers shouldn’t be resistant to buy from a different company if a better rate can be found.
Many drivers tend to have loyalty to a certain company, but it isn’t a good idea if that loyalty ends up costing lots of money. Now is a great time to compare rates and find cheaper auto insurance for felons in Corpus Christi.
The insurance agencies listed below can help you determine which policy is best, as some people prefer to have some professional guidance when shopping around for cheaper insurance for felons. It can be complicated to find the best coverage on your own, so using a licensed agent can bring satisfaction knowing you have adequate protection in the event of a claim. To find a Corpus Christi insurance agent close to you, click the button below the list or click here to compare prices now.
- Reed Insurance Agency
6500 S Padre Island Dr – Corpus Christi, TX 78412 – (361) 994-1886 - Gene McWhorter – State Farm Insurance Agent
14101 Northwest Blvd #103 – Corpus Christi, TX 78410 – (361) 767-0750 - Ed Cantu Insurance Agency
7122 S Staples St – Corpus Christi, TX 78413 – (361) 991-1493