Wouldn’t it be awesome if we could instantly tell you the single best company that has the best insurance prices for Uber drivers? It’s not that easy, however, as there are a whole slew of unknowns such as your date of birth, the area you live in, and how well you maintain your credit, that all help calculate your car insurance rates. This article delves into some of these factors and hopefully give you enough understanding to have a good start in finding the cheapest insurance in Texas.
Finding reliable, reasonably-priced car insurance is not the easiest thing to do, and finding out which companies quote the cheapest auto insurance rates for Uber drivers calls for even more rate comparisons.
Every insurance company has a unique formula for filing rates in each state, so let’s take a look at the overall cheapest auto insurance companies in San Antonio. It’s important to understand that San Antonio, TX auto insurance rates are calculated based on many things which can substantially change the price of your policy. Events like a birthday, buying a home instead of renting, or getting a driving violation can produce rate changes that can cause some rates to be way too expensive in comparison to the competition.
Compare Cheap Insurance Quotes for Your Uber Vehicle
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,128 |
| 3 | Texas Farm Bureau | $1,199 |
| 4 | Germania Mutual | $1,256 |
| 5 | Esurance | $1,365 |
| 6 | California Casualty | $1,424 |
| 7 | Mercury | $1,506 |
| 8 | State Farm | $1,510 |
| 9 | Nationwide | $1,553 |
| 10 | Safe Auto | $1,597 |
| 11 | Progressive | $1,698 |
| 12 | Allstate | $1,701 |
| 13 | Amica | $1,723 |
| 14 | GEICO | $2,072 |
| 15 | Home State | $2,092 |
| 16 | MetLife | $2,161 |
| 17 | Unitrin | $2,241 |
| 18 | Encompass | $2,324 |
| 19 | 21st Century | $2,421 |
| 20 | Titan | $2,568 |
| Find Your Rate Go | ||
Travelers may offer 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, Texas Farm Bureau, Germania Mutual, and Esurance would also make the list of some of the more affordable San Antonio, TX auto insurance companies.
In the rate table above, if you currently have a policy with Germania Mutual and switched to USAA, you could see a yearly price reduction of upwards of $128. Texas drivers with Esurance might save as much as $237 a year, and California Casualty insureds might lower prices by up to $296 a year.
It’s important to note that these premiums are averaged for all drivers and vehicles and do not factor in an exact zip code location for Uber drivers. So the car insurance company that has the cheapest rates for you may not even be in the top 23 companies shown above. That underscores the importance of why you need to quote rates from as many companies as possible using your own specific driver information and vehicle.
One of the many things that aid in calculating the amount you pay for auto insurance is where your car is garaged. Areas with increased crime or more people will most likely pay more, whereas areas that tend to be more rural have the benefit of cheaper auto insurance prices.
The illustration below shows the highest-priced places in Texas for Uber drivers to buy an auto insurance policy in. San Antonio shows up at #13 with an annual cost of $1,722 for car insurance, which is approximately $144 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | McAllen | $1,996 |
| 2 | Dallas | $1,911 |
| 3 | Houston | $1,909 |
| 4 | Laredo | $1,907 |
| 5 | Brownsville | $1,851 |
| 6 | Mesquite | $1,825 |
| 7 | Amarillo | $1,804 |
| 8 | Garland | $1,778 |
| 9 | Beaumont | $1,772 |
| 10 | Pasadena | $1,758 |
| 11 | Grand Prairie | $1,740 |
| 12 | Lubbock | $1,733 |
| 13 | San Antonio | $1,722 |
| 14 | Irving | $1,719 |
| 15 | Arlington | $1,709 |
| 16 | Austin | $1,659 |
| 17 | El Paso | $1,632 |
| 18 | McKinney | $1,625 |
| 19 | Fort Worth | $1,621 |
| 20 | Corpus Christi | $1,620 |
| 21 | Plano | $1,608 |
| 22 | Carrollton | $1,598 |
| 23 | Abilene | $1,545 |
| 24 | Waco | $1,537 |
| 25 | Killeen | $1,488 |
| Compare Rates Now Go | ||
Rate quotes are approximated as the vehicle garaging location can modify coverage prices significantly.
The vehicle you are insuring is one of the largest considerations that determines if you can find low-priced coverage for Uber drivers. Vehicles with lower performance, good crash test ratings, or low incidents of liability claims will cost less to insure than high performance models. The list below features coverage prices for a handful of the cheaper vehicles to insure.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $1,157 |
| Honda Accord LX 4-Dr Sedan | $1,162 |
| Hyundai Elantra GLS Touring Station Wagon | $1,157 |
| Ford Escape XLT 4WD | $1,183 |
| Toyota RAV4 Limited 4WD | $1,248 |
| Ford Explorer XLT 2WD | $1,292 |
| Ford Edge Sport AWD | $1,315 |
| Toyota Prius | $1,317 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,338 |
| Dodge Grand Caravan SE | $1,340 |
| GMC Sierra SLT Extended Cab 2WD | $1,349 |
| Volkswagen Jetta LE 4-Dr Sedan | $1,366 |
| Chevrolet Malibu LS | $1,405 |
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Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Rates do not factor in the specific area where the vehicle is garaged which can decrease or increase insurance rates noticeably.
Looking at the numbers, we can tell that cars like the Honda CR-V, Honda Accord, Hyundai Elantra, Ford Escape, and Toyota RAV4 should be some of the most budget-friendly vehicles to insure for Uber vehicles.
How to find a good San Antonio auto insurance company
Finding a highly-rated auto insurance provider can be difficult considering how many companies there are in San Antonio. The rank data shown next can help you pick which coverage providers you want to consider when shopping car insurance rates for Uber drivers.
These rankings are only made up of large nationwide companies, so companies that have a smaller presence are not taken into consideration for these rankings. To get rate quotes from these top insurers and more, follow this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
How careless driving impacts San Antonio auto insurance rates
The ideal way to enjoy low auto insurance prices for Uber vehicles is to be a careful driver and avoid accidents and traffic violations. The chart below shows how violations and accidents raise insurance costs for different ages of insureds. The information is based on a married female driver, full coverage, $500 deductibles, and no discounts are factored in.
In the prior example, the average cost of car insurance per year with a clean driving record and no accidents is $1,380. Receive two speeding tickets and the average cost increases to $1,955, an increase of $575 each year. Then throw in one accident along with the two speeding tickets and the annual cost of auto insurance for Uber drivers jumps again to an average of $2,533. That’s an increase of $1,153, or $96 per month, just for not driving responsibly!
Rate difference between full and liability-only coverage
Lowering the price of auto insurance is important to the majority of drivers, and a good way to pay lower rates for insurance for Uber drivers is to not buy full coverage. The information below shows the difference between auto insurance rates with full coverage compared to only the Texas minimum liability coverage. Data assumes no accidents, no driving violations, $500 deductibles, marital status is single, and no additional discounts are factored in.
If we average all the age groups together, physical damage coverage costs an additional $2,393 per year over liability only. At some point, every insured wonders if paying for full coverage is a waste of money. There is no clear-cut formula of when to exclude physical damage insurance, but there is a general guideline. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.
There are some circumstances where dropping full coverage is not a good idea. If you still have a loan on your vehicle, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Tips for finding economical auto insurance for Uber drivers
It’s not impossible to find cheaper rates, and here are some thrifty suggestions that can help you quote cheaper coverage.
- Frequent claims may make car insurance unaffordable
- Increase your physical damage deductibles
- Buying car and homeowners insurance together can save money
- Staying accident-free helps keep rates low
- Pay cheaper rates with good credit scores
- Be a cautious driver
- Shop around for cheaper prices often
That final tip is particularly important, as we stressed in the prior information. Auto insurance rates change a lot, so you should be ready to switch carriers if you can find a cheaper rate. Having a favorite company is fine, but it’s not a good idea if that dedication is costing a small fortune year after year. Take a couple minutes and shop around and find cheaper insurance for Uber drivers in San Antonio.
The insurance agencies listed below are a good start to answer your questions and help you decide which coverage fits your budget, as lots of people like to get some guidance when trying to find lower insurance rates for Uber vehicles. It’s not always simple to find the cheapest rate yourself, and a licensed agent can add peace of mind knowing your coverage gives you adequate coverage if you have an accident or claim. To locate a San Antonio insurance agent closest to you, click the button following the list or click here to compare rates now.
- Rivers Schara – State Farm Insurance Agent
1775 Encino Rio Boulevard – San Antonio, TX 78259 – (210) 496-9533 - Luis Corral – State Farm Insurance Agent
4416 Ramsgate St #101 – San Antonio, TX 78230 – (210) 696-6324 - Grona Boles Martin Bloxsom Insurance Agency
800 Isom Rd # 100 – San Antonio, TX 78216 – (210) 366-5094