The words “bargain” and “insurance” probably shouldn’t be used in the same sentence, specifically when you are searching for the cheapest auto insurance with multiple speeding tickets. In an attempt to save some money, let’s introduce you to some things that influence auto insurance premiums, and come up with some ideas to reduce the cost of your next policy.
After a few driving violations, one of the largest criteria that help determine the amount you pay each year for auto insurance is your zip code. Cities with more crime and/or more people tend to have more expensive auto insurance rates, whereas areas with lower vehicle theft rates and fewer weather claims receive better rates.
The table below ranks the highest-priced places in Texas with multiple speeding tickets to purchase car insurance in. San Antonio is ranked #13 with an annual cost of $1,688 for the average insured, which is approximately $141 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | McAllen | $1,936 |
| 2 | Brownsville | $1,927 |
| 3 | Houston | $1,853 |
| 4 | Dallas | $1,837 |
| 5 | Laredo | $1,833 |
| 6 | Garland | $1,832 |
| 7 | Amarillo | $1,804 |
| 8 | Pasadena | $1,794 |
| 9 | Irving | $1,789 |
| 10 | Mesquite | $1,771 |
| 11 | Grand Prairie | $1,757 |
| 12 | Beaumont | $1,754 |
| 13 | San Antonio | $1,688 |
| 14 | Lubbock | $1,682 |
| 15 | Carrollton | $1,664 |
| 16 | Austin | $1,659 |
| 17 | Arlington | $1,642 |
| 18 | El Paso | $1,632 |
| 19 | Fort Worth | $1,621 |
| 20 | Corpus Christi | $1,620 |
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Rate quotes are comparative as the specific area where the vehicle is garaged can influence prices noticeably.
Finding out which insurers offer the most affordable car insurance rates with multiple speeding tickets may require more time than just getting one or two price quotes. Each company has their own process for setting rates, so we need to take a look at the car insurance companies that tend to be cheaper in San Antonio, TX.
Best Insurance Companies with License Points
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,117 |
| 3 | Texas Farm Bureau | $1,247 |
| 4 | Germania Mutual | $1,256 |
| 5 | Esurance | $1,379 |
| 6 | California Casualty | $1,424 |
| 7 | State Farm | $1,450 |
| 8 | Mercury | $1,461 |
| 9 | Nationwide | $1,585 |
| 10 | Safe Auto | $1,597 |
| 11 | Progressive | $1,647 |
| 12 | Allstate | $1,667 |
| 13 | Amica | $1,705 |
| 14 | Home State | $2,092 |
| 15 | GEICO | $2,156 |
| 16 | MetLife | $2,249 |
| 17 | Encompass | $2,255 |
| 18 | Unitrin | $2,333 |
| 19 | 21st Century | $2,421 |
| 20 | Titan | $2,594 |
| Get Personalized Rates Go | ||
Travelers offers some of the most affordable car insurance rates in San Antonio at around $1,052 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also some of the cheaper San Antonio, TX auto insurance companies.
As the example above demonstrates, if you currently have coverage with Germania Mutual and switched to USAA, you might realize a yearly savings of in the neighborhood of $139. Policyholders with Esurance may save as much as $262 a year, and California Casualty policyholders might see rate reductions of $307 a year.
It’s important to note that these prices are averaged across all insureds and vehicles and do not factor in a specific vehicle garaging location with multiple speeding tickets. So the car insurance company that has the lowest price for you may not even be in the top 23 companies in the list above. That underscores the importance of why you need to get rate quotes using your own driver and vehicle profiles.
The diagram below illustrates how choosing a deductible can raise or lower insurance costs when getting quotes for cheap insurance with multiple speeding tickets. The rate quotes are based on a single male driver, full physical damage coverage, and no policy discounts are applied.
In the chart above, a 50-year-old driver could cut expenses by $314 a year by increasing from a $100 deductible to a $500 deductible, or save $472 by selecting a $1,000 deductible. Young drivers, such as the 20-year-old chart data, can cut up to $1,026 every year by choosing a larger deductible amount.
If you do decide to increase your deductibles, it will now be necessary to have additional funds in a savings account to enable you to pay the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
Get discount San Antonio auto insurance rates
Insurance providers that provide coverage with multiple speeding tickets may have rate discounts that may potentially lower prices by 30% or more if you meet eligibility requirements. A few of the larger companies and some of the premium reductions they offer are shown below.
- GEICO may offer discounts for federal employee, multi-policy, anti-theft, anti-lock brakes, good student, and membership and employees.
- MetLife may include discounts for good student, accident-free, good driver, defensive driver, multi-policy, claim-free
- Progressive offers premium reductions for online signing, online quote discount, multi-vehicle, multi-policy, good student, and continuous coverage.
- Travelers policyholders can earn discounts including home ownership, early quote, continuous insurance, save driver, and hybrid/electric vehicle.
- SAFECO may have discounts that include homeowner, accident prevention training, teen safe driver, safe driver, and teen safety rewards.
- AAA includes discounts for AAA membership discount, good student, pay-in-full, multi-car, multi-policy, good driver, and anti-theft.
The chart below compares insurance rates with and without discounts applied to the policy rates. The premiums are based on a male driver, three violations and no at-fault accidents, Texas state minimum liability limits, comp and collision included, and $250 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with homeowner, anti-theft, multiple policy, multiple vehicle, paperless filing, and vehicle safety discounts applied. When these discounts are applied to the policy premium, the average savings per year on car insurance with multiple speeding tickets is 28% or $840.
Insurance rate increases from tickets or accidents
The obvious way to maintain cheap car insurance premiums in Texas after a few driving violations is to pay attention while driving and avoid accidents and keep your driving record clean. The diagram below illustrates how violations and at-fault accidents can increase car insurance rates for each different age group. The premium estimates are based on a single female driver, full coverage, $100 deductibles, and no other discounts are factored in.
In the example above, the average cost of auto insurance in Texas per year with no accidents and a clean driving record is $2,067. Get one speeding ticket and the average cost rises to $2,343, an increase of $276 each year. Now throw in one accident along with the one speeding ticket and the 12-month cost of car insurance with multiple speeding tickets jumps again to an average of $3,118. That’s an increase of $1,051, or $88 per month, just for being a little careless behind the wheel!
How to find low-cost car insurance with multiple speeding tickets
It’s not impossible to find cheaper rates, and here are some penny-pinching suggestions that can help Texas drivers locate lower-cost coverage.
- Multi-policy discounts save money
- Drop full coverage on older vehicles
- Discounts for being claim-free can be substantial
- Choose a safer vehicle and pay lower rates
- Prevent price hikes by avoiding at-fault accidents
- Do not get tickets or violations
- Shop around for cheaper prices
The last tip in the list is extraordinarily significant, as was stressed in the article above. Prices adjust frequently, so drivers shouldn’t hesitate to buy a policy from a new company if you find a better deal.
Loyalty to a specific company is fine, but it’s not recommended if that inflexibility results in costing you money that could be spent on other things. In less than five minutes you could compare rates and find cheaper insurance with multiple speeding tickets in San Antonio.