Inflations rise every year, and as a result, prices are also going up. This economic situation makes people save money in any aspect they can, including car insurance. Since the state of Texas is among the states mandating every driver to be covered by auto insurance, finding a discount auto insurance Houston, Texas becomes a way for car owners to save their hard-earned money.
Average Insurance Quotes in Houston, Texas
Like any other state in the US, auto insurance prices in Texas will vary from one insurance company to the other. The annual costs for a minimum coverage policy mandated by the state averages $565. However, average annual costs for a full-coverage policy are rated at $2,019.
In the city of Houston, the annual average is higher than the whole state. A full-coverage policy in Houston would cost you an average of $2,016 annually. Meanwhile, you have to spend an average of $652 every year just for the minimum coverage policy.
Finding the Best Deal
Auto insurance, especially the full-coverage policy, is not cheap. While you can opt for the more affordable standard policy, it offers less coverage than a full-coverage policy. That’s why you should hunt for a discount every now and then, so you can get the best value from your insurance.
Speaking about discount, there are several ways you can get a price cut for an insurance policy. These discounts are offered for several reasons, including a clean driving reputation, a new vehicle, low mileage, and so on and so forth. Here are some examples of the discounts you may want to hunt:
– Multi-policy Discount
This discount is usually offered if you buy an auto insurance policy along with other policies from the same company. This type of discount may sometimes be referred to as either a “multi-line discount” or the more common “bundling”. The amount of discount offered in a bundling package is anywhere between 5% and 25%.
– Good Driver Discount
A safe driver is a good driver, and a good driver means they are less likely to cause accidents. If they didn’t cause any accident, the insurance won’t have to pay for any damage or injuries. That’s why most insurance companies will offer a discount if you remain incident-free for a certain period of time. These incidents include crashes, traffic violations, or insurance claims. The discount itself ranges from 10% to 40%.
– New Car Discount
As the name suggests, this discount is offered when you buy a new car. It can also apply to cars that are less than three years old. For a brand-new car, this discount is often offered as a bundle option from the car dealership. The discount ranges from 10% to 15%.
– Low Mileage and usage
If you rarely use your car, you may be qualified to apply for a low mileage and usage discount. When you apply for auto insurance, the insurance company will ask about your average mileage in a year. If your average annual mileage is lower than a certain point, depending on the insurer, you may get an up to 20% discount on your policy.
There are many more discount options you can hunt for. Deciding on which discount you should apply for is actually the easy part. The harder part is finding out which discount is offered at the moment. Since most discounts are not offered all year round, you have to get creative in the ways you hunt for discount auto insurance Houston, Texas.
Search for Online Sources
Since we are living in the digital era, most reputable insurance companies will have working and regularly updated websites. Most of them will also have social media accounts you can follow.
Since digital marketing is proven to be quite effective, most companies will treat their website or social media counts as both their storefront and their advertising board. Regularly check these online sources for information about ongoing sales or price cuts.
Follow Your Insurance’s Newsletter
When you apply for auto insurance, the company will sometimes ask whether you want to follow their newsletter. Definitely accept this offer since the company will provide information about their upcoming sales or discounts in the newsletter. Sometimes, the company will also offer their loyal followers a special discount unavailable anywhere else.
Keep An Eye on Your Local Neighborhood
While it’s true that digital marketing is all the craze nowadays, old-school ways such as posters, flyers, or billboard ads are still very effective. People driving their vehicles are not allowed to operate their smartphones anyway, so putting an eye-catching advertisement on the billboard around the city won’t be an obsolete practice anytime soon.
Keep your eyes open wherever you go for a chance that an insurance company decides to go the old ways in promoting their auto insurance policies. Also, if you still subscribe to a newspaper, definitely check their ads section.
Listen to Words of Mouths
Have you ever been to a local diner and heard something along the lines of “Listen, I know a guy who knows a guy whose cousin knows yet another guy that just got a discount on his auto insurance policy.”? That is literally how word of mouth work. Well, it’s a bit exaggerated, but you get the point.
However, you’ll only get this kind of information when you’re actively socializing. It doesn’t have to be in real life as well. There are hundreds of online communities that would love to share any information that can help someone get a discount on their auto insurance.
Maintain Good Relations with Your Insurance Agent
If you buy an auto insurance policy through an agent, make sure you maintain good relations with the agent. That way, your agent might give you information about an upcoming discount or any other benefit since it will also benefit them. Mind you, this is a matter of mutual respect and trust, so please tread carefully.
All in all, as we all know, a full coverage auto insurance policy is not cheap. However, people will still try to get their hands on this policy since it offers better coverage than the standard one. Combined with the current economy, finding discount auto insurance Houston, Texas is another way people can save money.