Comparing quotes for low-priced auto insurance is not the easiest thing to do, and deciding which company has the cheapest auto insurance rates for teenage males takes a little more work. Every insurance company has their own unique process for setting rates, so first let’s look at the rankings for the auto insurance companies with the overall best prices in San Antonio.
Cheapest Insurance Rates for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,084 |
| 3 | Texas Farm Bureau | $1,211 |
| 4 | Germania Mutual | $1,282 |
| 5 | Esurance | $1,407 |
| 6 | California Casualty | $1,438 |
| 7 | State Farm | $1,450 |
| 8 | Mercury | $1,506 |
| 9 | Nationwide | $1,538 |
| 10 | Safe Auto | $1,565 |
| 11 | Progressive | $1,647 |
| 12 | Amica | $1,705 |
| 13 | Allstate | $1,718 |
| 14 | Home State | $2,071 |
| 15 | GEICO | $2,072 |
| 16 | Unitrin | $2,241 |
| 17 | MetLife | $2,249 |
| 18 | Encompass | $2,255 |
| 19 | 21st Century | $2,494 |
| 20 | Titan | $2,568 |
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Travelers quotes some of the most affordable car insurance rates in San Antonio at around $1,052 each year. This is $852 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also make the list of some of the lowest-priced San Antonio, TX car insurance companies.
In the above rates, if you are a policyholder with Germania Mutual and switched to Travelers, you could realize an annual savings of in the vicinity of $230. Texas drivers with Esurance might save as much as $355 a year, and California Casualty policyholders might reduce prices by as much as $386 a year.
Bear in mind that those estimates are averaged for all drivers and vehicles in Texas and are not factoring in an exact location for teenage males. So the auto insurance company that can offer you the best rate may not even be in the list above. That emphasizes why you need to get rate quotes from many companies using your own specific driver information and vehicle.
For teen boys, one of the largest factors that aid in calculating the amount you pay each year for auto insurance is where you live. Cities with more crime and/or more people tend to have higher rates, whereas areas with lower crime rates and fewer weather claims have the luxury of cheap car insurance rates.
The illustration below shows the highest-priced places in Texas for teenage males to buy car insurance in. San Antonio is listed at #15 with a yearly cost of $1,671 for coverage, which is about $139 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | McAllen | $2,016 |
| 2 | Brownsville | $1,927 |
| 3 | Houston | $1,909 |
| 4 | Laredo | $1,907 |
| 5 | Dallas | $1,893 |
| 6 | Garland | $1,850 |
| 7 | Amarillo | $1,786 |
| 8 | Irving | $1,772 |
| 9 | Mesquite | $1,771 |
| 10 | Pasadena | $1,758 |
| 11 | Grand Prairie | $1,740 |
| 12 | Arlington | $1,709 |
| 13 | Beaumont | $1,702 |
| 14 | Lubbock | $1,682 |
| 15 | San Antonio | $1,671 |
| 16 | Fort Worth | $1,653 |
| 17 | El Paso | $1,616 |
| 18 | Austin | $1,610 |
| 19 | McKinney | $1,609 |
| 20 | Carrollton | $1,598 |
| Compare Rates Now Go | ||
Rates are approximated as specific location information can impact premium rates substantially.
Best auto insurance in San Antonio
Buying coverage from a good quality company is hard considering how many companies there are to choose from in San Antonio. The company rank data below can help you pick which auto insurers to look at when comparing rate quotes. The rankings below are only comprised of companies with a national presence, so companies without a large exposure are not taken into consideration for the list.
Top 10 Large Auto Insurance Providers in San Antonio Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance
Top 10 Large Auto Insurance Providers in San Antonio 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%
Full coverage rates compared to liability only
Finding cheaper auto insurance is probably important to the majority of drivers, and one of the best ways to find cheaper insurance for teenage males is to only buy liability coverage. The example below shows the comparison of annual premium costs with full coverage compared to only the Texas minimum liability coverage. The costs are based on no tickets, no at-fault accidents, $100 deductibles, marital status is single, and no discounts are applied.
As an average, comp and collision coverage costs an extra $2,922 per year more than just insuring for liability. Lot’s of drivers question if buying full coverage is a waste of money. There is no exact formula to stop paying for comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your vehicle’s settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company will settle for is $6,000 after you pay the deductible. If you are currently paying more than $600 annually for full coverage, then it might be time to buy liability only.
Types of discounts on San Antonio car insurance rates
Insurance providers that offer cheap quotes for teenage males may provide premium discounts that could potentially reduce rates by as much as 30% if you meet the requirements. Companies and some of their more popular discounts are shown below.
- State Farm has discounts for passive restraint, multiple policy, driver’s education, multiple autos, and defensive driving training.
- Farmers Insurance includes discounts for switch companies, alternative fuel, youthful driver, teen driver, business and professional, and good student.
- GEICO may include discounts for federal employee, five-year accident-free, daytime running lights, defensive driver, multi-vehicle, anti-lock brakes, and seat belt use.
- American Family policyholders can earn discounts including multi-vehicle, air bags, TimeAway discount, Steer into Savings, accident-free, and good driver.
- Nationwide offers discounts including easy pay, anti-theft, good student, Farm Bureau membership, accident-free, and defensive driving.
- Progressive offers discounts for multi-policy, online signing, homeowner, good student, continuous coverage, online quote discount, and multi-vehicle.
The information below shows the difference between premium costs with and without discounts. The rates are based on a female driver, no claims or driving violations, Texas state minimum liability limits, comp and collision included, and $500 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with vehicle safety, good student, continuous coverage, passive restraint, paperless filing, and anti-theft discounts applied. When discounts are applied, theamount saved on auto insurance for teenage males is 28% or $835.
Don’t make the mistake of not shopping around
San Antonio, TX auto insurance rates are based on many factors which can substantially change the cost of coverage. Getting older, marrying your spouse, or having a fender bender can cause premium changes that may make certain companies more affordable than others. Also, car insurance companies change premium rates every year in order to maintain liquidity for claims. Heavy losses can cause additional premium costs, while a better claims history can cause lower-cost San Antonio car insurance rates.
For instance, the chart below shows the cheapest car insurance in San Antonio, TX for a 35-year-old female driver with no violations or accidents, and a good credit rating. If we compare prices based on her current situation, Travelers might quote the lowest car insurance rates in San Antonio at $1,181 each year. This is $723 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the list of the most affordable San Antonio, TX auto insurance companies.
Now we will pretend the driver in the first chart an at-fault accident, less-than-perfect credit, and a couple of points charged on her driving record. Due to the fact that each insurance company has a unique formula to establish rates, comparing prices may result in a different ranking of the cheapest car insurance companies in San Antonio as shown below.
Mercury now has the cheapest insurance rate in San Antonio with State Farm, Safe Auto, Nationwide, and USAA now rounding out the top five. This example demonstrates why it is critical to take the time to shop around to find the lowest auto insurance quotes for teenage males.
Insurance rates are made up of many things and can increase or decrease at any time, so the cheapest rate when you bought your policy may now be quite expensive.