Car Insurance In Texas.
It is a requirement that every driver should have car insurance. In the past few years, penalties for not having a cover have continued getting tight in Texas. In addition, there is always a probability of a bad accident happening that could potentially ruin one’s life financially. The cheapest insurance cover one can find in Texas today per accident is $60000 . This figure is below the recommended amount of $100000. For bodily injuries, the minimum coverage is being provided at $30000 against the recommended figure of $50000. According to the experts, you should have as much car insurance as you can afford no matter which part of Texas you reside. Insurance companies have categorized some parts of Texas as high-risk areas. Some regions are categorized as high risk because factors such as Flooding, tornadoes and traffic congestion. This makes the insurance rates higher as compared to other places.
Cheapest Car Insurance Providers In Texas.
If you are looking for the cheapest car insurance in Texas, here are the top five companies and their charges per year. Progressive with a rate of $1939, Allstate at $2335,USAA- $1250, State Farm- $1431,and GEICO- $1344. For those who take insurance cover costs as the only factor when looking for an insurance company; then these companies are the most appropriate. The critical factor should be saving money in the long term. If an insurance company is not providing adequate cover, it can lead you to lose of money. Insurance companies that charge less are known to cut on cost by retrenching some of their staff. Customer service in these companies might, therefore, be very poor due to the small number of their workers. Making a claim might also not be a fast as would wish since these companies might not be having enough coverage. Since they might not be having enough staff to attend to the various customers making a claim, the process might be slow.
In terms of popularity, GEICO, State Farm, USAA, Progressive and All state insurance company remain to be the most popular insurance providers in Texas. The popularity is measured in terms of the budget that the company allocates to it’s marketing. When a company has a large marketing budget, it can be able to afford a lot of commercials and exposure. For potential customers, it is usually difficult to separate the marketing hype and reality. You can, however, know if the company suits you by looking at the services they offer. Not only should an insurance company offer you comprehensive coverage but also provide a cover suits your specific needs. You should however keep in mind that the most popular insurance company may not be the best in your case if does not provide the coverage options most suitable for you.