Car Insurance in San Antonio

Find All Information About San Antonio Car Insurance

There are definitely many reasons to love this great city of ours and enjoy the many places that are available in San Antonio. Because of the size of our city, we will have to drive to various places in the city like the Alamo and the Missions or even the River Walk. As most Texans realize, the beautiful city that is San Antonio, is home to one of the most important Air Force bases, in the entire country! Lackland AFB is located right outside San Antonio and has deep military as well as civilian roots in the community. Those roots are definitely embedded in the culture, which makes San Antonio, a beautiful place to call home base, for any Texan! As the seventh largest city in the United States, San Antonio is a favorite home to thousands. With so many roads and so many people, car insurance plays an important role. How can Texans find car insurance that is affordable? With a little reading, research, and action on their part chances are they will find something that will suit both their needs and their budget.

San Antonio Car Insurance Laws

You must be aware that all vehicles registered in San Antonio must be insured by law, without exception. This law applies to all vehicles, not only those which are on the road. The state of Texas requires that even vehicles that are not driven must be covered by a car insurance policy, including automobiles sitting on private residences and classic cars that people have bought to restore at some point in the future.

Liability Coverage

You must carry liability coverage when you drive in the San Antonio. This will pay for car repairs or replacement costs of another party if you cause an accident. Liability insurance will also pay for the medical expenses of the other party and the medical expenses of their passengers if there are any. This coverage will not pay for any of your expenses. The minimum amount of liability insurance that all drivers in San Antonio must carry is $30,000 for injury or death to one individual per accident; $60,000 of the same for two or more people per accident; and $25,000 for damage incurred to the other property involved in the accident. This coverage would look like this: 30/60/25.

  • $30,000 bodily injury coverage for one person in a single accident
  • $60,000 bodily injury coverage total per accident (two or more people)
  • $25,000 property damage coverage per accident

Uninsured/Underinsured Motorist (UM/UIM) Coverage

The State of Texas is a Tort state, which means that in every accident where a driver is involved, someone needs to be found at fault so that the cost of the damages can be collected. This is where most companies recommend that drivers have uninsured/underinsured coverage in addition to at least the minimum required coverage as it will protect drivers from other drivers who may not have proper insurance because about 20% of those driving in San Antonio are driving basically uninsured. If someone involved in an accident doesn’t carry adequate car insurance and the other person involved does, they may get hit with the costs causing heavy financial pressures that could have been avoided had they decent coverage. Also, any who may be driving in San Antonio without insurance are liable to some pretty hefty fines. This doesn’t always deter people from driving without insurance, however, and so a driver’s best defense is in making sure they have a good insurance policy that will cover them in any sort of car incident.

Comprehensive and Collision Coverage

While it is not part of the San Antonio car insurance requirements to have comprehensive and collision insurance, it is a good idea to have it anyway, especially if you have a newer vehicle. The liability insurance that you are required to have will only pay for damages that you cause to others and not your damages. When you have comprehensive and collision insurance, you can cover all of your expenses, including car repair/replacement and medical expenses. It does cost more to have full coverage, but if you are in an accident and it is your fault, it is a lot less expensive than having to pay for all of your damages and medical bills.

San Antonio Car Insurance Rates

Average car insurance rates in San Antonio

Description Price
San Antonio Minimum Car Insurance Coverage Rates $1,064 - $1,336
San Antonio Minimum Full Coverage Car Insurance Rates $2,130 - $2,387
San Antonio Minimum Car Insurance Coverage Rates for Young Drivers $1,784 - $2,099
San Antonio Minimum Full Coverage Car Insurance Rates for Young Drivers $2,850 - $3,181
Average monthly car insurance rates in San Antonio $88 - $265

When shopping for car insurance in San Antonio, it's important to be aware of the current car insurance rates and prices before comparison quotes. It’s important to into considerations factors such as being married, having kids, home ownership, address, type of car and previous driving history. Previous traffic offenses and accidents claims can certainly shift the car insurance rates against you. If you happen to get very high quotes from every insurance company you contact, it’s clear that these carriers are considering you as a high-risk driver.

There are a number of sources where you can obtain average Texas car insurance rates. You can start by asking you work colleague, friends, and family members. Even if they don’t live in the same address, they will still be able to give an idea of the going rates for similar car insurance coverage they have. Better still, they can ask their friends and close people for you, which will provide you with many sample cases and real Texas car insurance rates from different individuals.

For an official source of information on San Antonio car insurance rates, you can call Texas Department of Insurance (TDI) and ask for the average insurance rates in Texas. In most cases, they should be able to provide you up to date information on insurance companies and the rates provided to the customer.

It’s important to research car insurance rates in Texas before asking for quotes from insurance companies. The idea is to get a baseline of the average insurance rates based on your city and similar personal situation before getting and buying a car insurance quote that could be more expensive than it should. As San Antonio is not exactly the cheapest state for car insurance, it’s easy to make that mistake. Once you have a good idea what rates you are expected to pay, you can start comparing Texas car insurance rates.

Car insurance rates for some other cities in the state of Texas: Amarillo: $1,014, Austin: $840, Corpus Christi: $1,019, Waco: $1,058, Dallas: $986, Fort Worth: $1,004, Garland: $1,142, Houston: $1,193.

Ways to Understand That the Car Insurance Company in San Antonio is Bad

  1. No loyalty discount - Many people keep paying on the same car insurance policy, year after year, as loyal customers. What they do not realize is that car insurance companies need to compete to get new business, so they offer lower rates for new customers. Do they give these same discounted rates to customers that have faithfully paid them for years? No way. In fact, many insurance companies add in a small increase each year for existing customers. That is why shopping around every year at renewal time can save you money on your car insurance policy.
  2. Encouraging low deductibles - Car insurers are notorious for selling policies with lower deductibles and higher monthly payments. If you pay $100 each month for insurance and have a $250 deductible, you would pay ($100 x 12 months) + $250 = $1,450 if you had an accident in the first year. If you went with a $1,000 deductible and got your monthly payment lowered to $50, an accident in the first year would cost you slightly more, at $1,600. However, if you keep the same policy and don’t have an accident until your second year, you actually come out $450 ahead with the higher deductible policy, and the more years you go without an accident, the further ahead you will be.
  3. Extra medical coverage - Some states require drivers to carry PIP or personal injury protection. This coverage provides medical payments for a policyholder when he is injured in an accident. Some insurance companies will automatically include PIP coverage, even if not required by the state. Either way, if policyholders have their own health insurance through their employer or independently, they do not need to carry PIP and pay for the same coverage from their car insurer.
  4. Unnecessary coverage and discounts – insurers charge you for coverage you don’t need and “forget” to tell you about all available discounts. Insurance companies know that comprehensive and collision insurance do not make sense if your car is an older model since these types of coverage will only pay what your car is worth. In other words, the coverage will cost you more over time than the policy would pay out if you had a loss. While there are many ethical insurance agents that would tell you this, other less scrupulous agents will let you pay for it even when it’s not worth it. Additionally, insurance companies offer a wide variety of discounts, but they don’t always tell you about them. For example, you may have an anti-theft GPS tracking system in your car that could get you a discount, but your insurance company will most likely only give you the discount if you know to ask them for it.
  5. Paying you a low-ball value for your totaled car - If your car is in an accident and needs to be totaled, the insurance company usually decides what amount they will pay for your car based on its current market value. However, when they determine “market value,” it may actually be less than you still owe on a financed car. If this happens to you, ask to have an independent third party establish the value. Otherwise, you may need to buy gap insurance, which pays the “gap” between the money your insurance company pays, and the amount you need to have to finish paying off your car. Additionally, if your car needs repair work, many insurance companies require you to only use one of their approved repair shops, which could result in a variety of issues that you have little or no control over.
  6. Adding in extra coverage items into your basic policy - Many times, agents will print out your insurance policy and have you sign on the dotted line without making it clear that you have certain coverage components that are optional. You will probably need to sign an extra form to deny these add-on coverages, but you can save money by not paying for things you don’t need. Read through all the insurance paperwork and ask your agent to walk through each component of the coverage and related costs, and what they mean, before signing anything.
  7. Hidden exclusions – coverage may have hidden exclusions that your agent won’t tell you about. It is important to read your policy thoroughly and ask questions to make sure that you know what types of things are not covered. For example, make sure that you do not sign away your right to litigate an insurance case in exchange for a lower monthly rate. Insurance companies make money by paying out less in claims than they take in, and they constantly look for ways to pay as little out as possible.
  8. Charging you higher rates to compensate for the insurance fraud that other people commit - Insurance fraud costs insurance companies billions of dollars, which they, in turn, pass on to consumers. Hopefully, insurance companies will continue to tighten up their security and processes to prevent fraud so that innocent drivers can stop paying for insurers’ poor decisions and subsidizing people that try to cheat the system.

There’s no question that car insurance is a necessary part of life for anyone that drives. However, it doesn’t mean that insurance companies have a right to take advantage of customers.

Insurance companies only get away with these rip-offs if consumers let them, so be aware and take a proactive approach to manage your car insurance coverage.

Car Insurance Quotes in San Antonio

Average car insurance quotes for San Antonio car insurance companies

Rank Car Insurance Company Name Price
1 American Family $1,040
2 GEICO $1,078
3 Texas Farm Bureau $1,091
4 SafeAuto $1,110
5 Nationwide $1,124
6 Progressive $1,146
7 Farmers $1,195
8 State Farm $1,257
9 Mercury $1,303
10 Allstate $1,678
11 Unitrin $1,795
12 Encompass $1,828
13 21st Century $1,921
14 MetLife $2,205
15 Kemper Security $2,296

Ways to Find Cheap Car Insurance in San Antonio

When it comes to car insurance there are all sorts of obvious and not so obvious ways of making it more affordable. Most people might not think of this, but did you know that by going to defensive driving school a person can actually lower their car insurance costs by up to 10%? Insurance companies often reward good drivers by offering them lower premiums, so defensive driving school on a driver’s record can add good marks which may increase savings.

Additionally, those who keep their credit in good standing are also likely to have more affordable car insurance in Texas than some. If someone’s credit score is low, it can be improved in as little as three months. That may seem like a long time, but in the big scheme of things, it can really pay off. For those who no longer owe on their car, they may want to drop comprehensive coverage which saves quite a bit, lowering costs by up to 20%. And finally, the old trick of raising the deductible can help drivers save quite a bit on their car insurance policies.

Car Insurance Discounts in San Antonio

When buying car insurance, one of your most important considerations should be the car insurance discounts offered by insurance companies.

Without question, the most generous of car insurance discounts is the safe driver discount. But there are other car insurance discounts that also rank high on the charts such as customer loyalty, multiple car discounts, multi-policy discounts, and safety or anti-theft feature discounts. Let’s take a closer look.

Safe driver discounts can be very generous, especially over time. Initially, these discounts are generally granted if you have a clean driving record with no tickets or accidents within the past 3-5 years. The discount can represent 10 to over 25% savings. Some companies will increase the safe driver discount even further if, during your term with that company, you continue to exhibit a safe driving record. And there are other benefits to extended safe driver status. Some companies will “forgive” an at-fault accident if the extended driving record is otherwise safe. These savings can be substantial since at-fault accidents can increase rates by up to 30%.

Safe driver car insurance discounts can also extend to the collision deductible. As an example, some companies will reduce the deductible up to $200 per year for each year of safe driving.

Customer loyalty discounts can likewise be very generous. Some companies offer as much as 30% for eligible driver renewals.

Multiple car discounts can save as much as 20- 25% off basic rates. Multi-policy discounts – combining homeowners or renters insurance, mobile home, or even life insurance with car insurance – can reduce rates by as much as 20%.

Anti-theft device car insurance discounts vary by location and by the device itself. Nonetheless, savings can reach 25% on the comprehensive portion of your policy.

Passive restraint system devices can also pass on savings. These discounts include installation of restraint systems that work automatically when the doors are closed. The discounts usually apply to the medical or PIP portions of your policy and can range from 25-40%.

Other common discounts include savings for anti-lock brakes, (as high as 5% applied to collision coverage), new car discounts (depending on the model), low mileage discounts, and up to 15% good student discounts (B or higher).

The state approved defensive driving courses (not court-mandated) are often offered as car insurance discounts.

Military personnel, active, retired, reserve or National Guard are also eligible for discounts, usually up to a 15% savings. Occupational groups such as teachers, health professionals, police, and firefighters can also qualify for additional car insurance discounts.

Some insurance companies include rating methods with car insurance discounts, For example, home ownership, financial responsibility, proof of prior insurance along with prior coverage limits can also add to car insurance discounts for some carriers.

Last, but certainly not least, some companies will reduce your rates instantly by as much as $50 if you complete your initial application online. And, if you choose to pay in full, you can save up to an additional 9-10%.

The availability of car insurance discounts should play a major role in your car insurance decisions. It is recommended that you never make a final selection until you have fully examined all appropriate discounts available to you for each particular quote. In fact, discounts can be so important that they could mean the difference between selecting or not selecting any non-mandatory coverage.

Eric Gould