If you are going to be a car buyer in 2019, remember to pull insurance quotes on any vehicle you are seriously considering. ”It is always advisable to consider the cost of insurance when shopping for a new car,” says Gusner. “Insurance costs can vary dramatically between vehicles, pushing up the cost of ownership. Make sure you have the budget for the car and its insurance.” 

If your car is worth more than $3,000 and/or is less than 10 years old, we'd also suggest both collision and comprehensive coverage, too. Our estimates suggest drivers can buy comprehensive and collision insurance for an average of $600 to $700 per year (however, the cost may be higher for some cars), so you would spend $3,000 to $3,500 in premiums over five years. If your car is currently worth less than $3,000, you will have spent more on insurance than your car is worth. You can obtain the estimated value of your car from sites like Kelley Blue Book and Edmunds. Once you have both the value and a quote for coverage, you can determine whether collision insurance will be worth it.


It’s important to note that every company considers credit very differently, and even among insurers this factor fluctuates by state. For example, NerdWallet’s 2019 car insurance rate analysis indicates that while State Farm charges higher rates for poor credit in many states, it doesn’t seem to do so in Maine. Similar variations are true for many other companies as well.


“Florida has a larger percentage of riskier drivers,” points out Karen Kees, press secretary at the Florida Office of Insurance Regulation. “There are a high number of students due to the many universities in Florida, older drivers due to the large number of retirement communities, and drivers unfamiliar with the local roads due to our popularity with tourists.”
{"id":4,"isAgeFieldVisible":true,"isInsuranceTypeFieldVisible":false,"isInsuredStatusFieldVisible":true,"customEventLabel":"","defaultZip":"","defaultProduct":"auto","quoteWizardEndpoint":"https:\/\/quotes.valuepenguin.com","trackingKey":"_collision-comprehensive-car-insuran","title":"Find the Cheapest Auto Insurance Quotes in Your Area","vendor":"vp"}

Shopping for car insurance? You've come to the right place! State Farm keeps you and your family covered with great auto insurance that's also a great value. Get an online auto insurance quote, or find a car insurance agent or representative, any time, day or night. Either way, you'll learn how competitively priced auto insurance from the industry leader can be.

Each insurance company evaluates personal factors in its own way, and they keep their methods as hidden as possible. So we can’t tell you which company puts high value in your occupation or emphasizes a clean driving history more than others. But to help you get going, we can show you a car insurance rate comparison for the same hypothetical driver and car, using average rates from across the country.
We started by identifying Texas’s five biggest auto insurers by market share, and compared their financial strength, coverage options, and customer service, using methodology similar to our review on nationwide providers. Then, we checked J.D. Power and Consumer Reports to see how each company’s customers scored them, both overall and on their claims experiences. Next, we looked at the Texas Department of Insurance’s “Complaint Index” for each company — a measure of how consumer complaints filed against them compare to the state average. And finally we collected quotes for six hypothetical drivers, taking note of each company’s available endorsements and discounts.

One way to do this is to call the insurance company and see what the hold time is and what the service is like when you wait to speak to a representative about a general inquiry. If the hold time is 3 hours and they don’t seem like an accommodating group, you’re probably not going to want to deal with them after you just lost your house and file a claim.

We want to hear from you and encourage a lively discussion among our users. Please help us keep our site clean and safe by following our posting guidelines, and avoid disclosing personal or sensitive information such as bank account or phone numbers. Any comments posted under NerdWallet's official account are not reviewed or endorsed by representatives of financial institutions affiliated with the reviewed products, unless explicitly stated otherwise.
While A.M. Best, J.D. Power, and Consumer Reports can tell us a lot about a company and how it treats its customers, the best homeowners insurance policy for you is one that provides you with the coverage you need for your specific situation. A licensed representative from Policygenius can help you compare homeowners insurance policies and quotes until you find a policy that works for you.
Advertiser Disclosure: Some of the offers that appear on this website are from companies which ValuePenguin receives compensation. This compensation may impact how and where offers appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products. For more information please see our Advertiser Disclosure.
To any good parent, our babies are our babies, be it a child, or an automobile. I must say that the statement "The driver carting around children tends to be more cautious than the person driving a muscle car" in most cases simply isn't true. Hot rod, muscle car and restored car owners are usually the type of driver that will go out of their way to park away from the other cars. Consider the fact that many of these cars have been built or restored by the driver. Typically the case is this person has an tremendous amount of time and money invested in the vehicle (Have you ever spent $15,000 on a paint job?). A restored muscle car or hot rod is a lot like driving a museum piece, many are rare, some are irreplaceable, so these drivers are many times more likely to be much more cautious so as not to harm their "baby."
Your auto insurance rate depends on who you are as a driver, as well as your age, your credit, your vehicle, and your location. How insurance companies weigh these attributes is reflected in your premium. For example, having a limited driving history or a poor credit score can raise your rates dramatically. Our analysis of major rating factors shows how premiums shift from company to company.

To any good parent, our babies are our babies, be it a child, or an automobile. I must say that the statement "The driver carting around children tends to be more cautious than the person driving a muscle car" in most cases simply isn't true. Hot rod, muscle car and restored car owners are usually the type of driver that will go out of their way to park away from the other cars. Consider the fact that many of these cars have been built or restored by the driver. Typically the case is this person has an tremendous amount of time and money invested in the vehicle (Have you ever spent $15,000 on a paint job?). A restored muscle car or hot rod is a lot like driving a museum piece, many are rare, some are irreplaceable, so these drivers are many times more likely to be much more cautious so as not to harm their "baby."
Collision coverage has a deductible, which is the amount you pay before your coverage helps pay for your claim. You can typically choose the amount of your deductible when you buy coverage. So, if you choose a $1,000 deductible and your car is later damaged in a covered accident, you'd have to pay $1,000 toward repair costs. Your collision coverage would help pay the rest, up to your coverage limit.
×