How Much Is Car Insurance In San Antonio, Texas?
Home to nearly 1.5 million people, San Antonio is a major city in south-central Texas. Due to its population density and an above-average number of fatal car crashes for the area, auto insurance can be a bit expensive here, depending on where in the city you reside. The average San Antonio resident will pay $1,501 - $2,235 for auto insurance which is below the national average but a bit high for the state of Texas.
Factors That Increase Car Insurance Rates In San Antonio
Calculating the average car insurance for an area assumes that the driver is over 25, has excellent credit, and a clean driving record. If you are younger, have poor credit, or have accidents or tickets then you could pay more. Another factor that increases your rate is the area you live in. The entire city of San Antonio does not have the same base rate. The closer you are to the heart of downtown, the more you will pay. In fact, the range for San Antonio can be anywhere from $1,501 to $3,198. People living in Balcones heights, Helotes, and Downtown San Antonio will pay the highest rates. This is due to higher population, the number of accidents in the area, and the likelihood of theft in the area.
Finding The Cheapest Auto Insurance Premiums In San Antonio
You might be wondering, who has the lowest rates in San Antonio? You can find out the best rates by getting quotes for a number of companies and doing a side-by-side comparison. The following rates are for an average driver with good credit and no accidents.
Texas Farm Bureau is the cheapest with an average rate of $1,148. The only downside is you have to be a member and pay yearly membership dues. Following close behind is GEICO at $1,178. Here is where other companies fall:
San Antonio is also home to three military bases. These military members and their families can get auto insurance through USAA and they offer the best rates and great service.
How To Lower Your Car Insurance Rates In San Antonio
All drivers in the state of Texas are required to have a minimum liability of:
$30,000 of bodily injury liability per person
$60,000 of bodily injury liability per accident
$25,000 of property damage liability
If you have a financed car or the value of your car is over $2,000 then you need to have full coverage (comprehensive and collision insurance). To get the lowest rates you need to have a clean driving record with no tickets or accidents. You also have to maintain good credit by not missing payments of having delinquent payments on your credit report. Finally, take advantage of all discounts offered by your auto insurance company including an auto-draft or annual premium payment discount.