You have surely seen all the captivating commercials from car insurance companies like The General and Progressive that promise the cheapest price. So drivers just need to choose one randomly, right?
That is not the case, however, as there are a whole bunch of unknowns like whether you just want liability only, if you own a home, and what coverage limits you want, that all impact the price you pay. Car insurance is kind of a dry topic, but this article will explain the best ways to pay less and hopefully give you enough understanding to have a jump start in finding the best auto insurance in Dallas.
The car, truck, or SUV requiring coverage is probably the largest consideration when comparing quotes for economical coverage for unemployed drivers. Vehicles with higher performance characteristics, poor passenger safety features, or an increased likelihood of liability claims will cost more to insure than safer, lower-performance models.
The next list features coverage rates for a selection of the most economical automobiles to insure.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $1,023 |
| Hyundai Elantra SE Touring Station Wagon | $1,112 |
| Honda Accord EX 4-Dr Sedan | $1,165 |
| Ford Escape XLS 4WD | $1,173 |
| Honda Civic DX 4-Dr Sedan | $1,187 |
| Ford Edge SEL AWD | $1,192 |
| Ford Explorer Eddie Bauer 4WD | $1,235 |
| Ford F-150 FX2 2WD | $1,244 |
| Chevrolet Impala LTZ | $1,275 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,295 |
| Chevrolet Silverado LS Extended Cab 2WD | $1,305 |
| Nissan Rogue S 2WD | $1,295 |
| Jeep Grand Cherokee SRT-8 4WD | $1,297 |
| Chevrolet Silverado 2500HD LTZ Crew Cab 4WD | $1,302 |
| GMC Sierra SL Crew Cab 2WD | $1,297 |
| Toyota Prius | $1,302 |
| Honda Odyssey EX W/Rear Entertainment | $1,347 |
| Toyota RAV4 2WD | $1,374 |
| Chevrolet Malibu LS | $1,382 |
| Kia Optima EX | $1,379 |
| Get a Custom Quote Go | |
Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in Dallas, TX location which can increase or decrease prices noticeably.
Looking at the rates, models like the Honda CR-V, Hyundai Elantra, Honda Accord, and Ford Escape are a few of the most affordable vehicles to insure for the unemployed.
Figuring out which companies have the most affordable auto insurance rates for unemployed drivers takes a bit more work than just comparing rates from one or two companies. Every insurance company used slightly different criteria for filing rates in each state, so we’ll take a look at the auto insurance companies that tend to be cheaper in Dallas, TX.
Find Cheaper Auto Insurance for Job Seekers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,117 |
| 3 | Texas Farm Bureau | $1,235 |
| 4 | Germania Mutual | $1,294 |
| 5 | California Casualty | $1,396 |
| 6 | Esurance | $1,421 |
| 7 | Mercury | $1,461 |
| 8 | State Farm | $1,465 |
| 9 | Nationwide | $1,553 |
| 10 | Safe Auto | $1,613 |
| 11 | Progressive | $1,698 |
| 12 | Allstate | $1,718 |
| 13 | Amica | $1,723 |
| 14 | Home State | $2,134 |
| 15 | GEICO | $2,156 |
| 16 | MetLife | $2,183 |
| 17 | Unitrin | $2,264 |
| 18 | Encompass | $2,301 |
| 19 | 21st Century | $2,421 |
| 20 | Titan | $2,646 |
| Get Personalized Rates Go | ||
Travelers quotes some of the cheapest car insurance rates in Dallas at around $1,052 each year. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty are also some of the cheaper Dallas, TX insurance companies.
As the rates illustrate above, if you currently have a policy with Germania Mutual and switched to Travelers, you could earn savings of about $242. Customers with California Casualty might save as much as $344 a year, and Esurance customers might reduce prices by as much as $369 a year.
To find the cheapest rates for your vehicle, click here to begin a quote or click through to the companies below.
Understand that those policy prices are averages across all ages of drivers and types of vehicles and are not factoring in an exact zip code location for unemployed drivers. So the company that can offer the best rates for your situation may not even be in the top 23 companies shown above. That’s why you need to get rate quotes using your own driver data and vehicle information.
For the unemployed, one of the largest factors that determine the price you pay for insurance is your address. Cities with larger populations or higher claim trends tend to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates have the gratification of cheaper auto insurance rates.
The information below ranks the priciest cities in Texas for unemployed drivers in which to purchase auto insurance. Dallas shows up at #4 with the yearly price of $1,837 for coverage, which is around $153 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | McAllen | $2,016 |
| 2 | Brownsville | $1,908 |
| 3 | Laredo | $1,851 |
| 4 | Dallas | $1,837 |
| 5 | Houston | $1,835 |
| 6 | Mesquite | $1,825 |
| 7 | Amarillo | $1,804 |
| 8 | Grand Prairie | $1,793 |
| 9 | Irving | $1,789 |
| 10 | Garland | $1,778 |
| 11 | Beaumont | $1,772 |
| 12 | Pasadena | $1,758 |
| 13 | San Antonio | $1,671 |
| 14 | Lubbock | $1,665 |
| 15 | Austin | $1,659 |
| 16 | Arlington | $1,658 |
| 17 | Fort Worth | $1,653 |
| 18 | El Paso | $1,632 |
| 19 | Plano | $1,624 |
| 20 | McKinney | $1,609 |
| Get a Custom Quote Go | ||
Rate quotes are approximated as the specific area where the vehicle is garaged can revise coverage prices significantly.
Discount Dallas car insurance
Car insurance companies that offer coverage for unemployed drivers may also offer premium discounts that could potentially reduce rates by as much as 30% if you meet specific eligibility requirements. A list of companies and a summarized list of policyholder discounts are detailed below.
- State Farm may include discounts for driver’s education, multiple autos, good student, passive restraint, and accident-free.
- Esurance discounts include multi-policy, claim free, online shopper, renters, and emergency road assistance.
- Progressive has savings for online signing, multi-policy, homeowner, continuous coverage, multi-vehicle, online quote discount, and good student.
- Liberty Mutual policyholders can earn discounts including newly retired, exclusive group savings, new graduate, teen driver discount, and hybrid vehicle.
- Auto-Owners Insurance offers discounts including anti-theft, safe vehicle, good student, safe driver, and company car.
- GEICO has discounts for federal employee, multi-vehicle, defensive driver, daytime running lights, and good student.
The diagram below compares insurance costs with and without discounts applied. The information is based on a female driver, no claims, a clean driving record, Texas state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows the average rate with no discounts. The second shows the rates with multiple vehicle, claim-free, anti-theft, homeowner, vehicle safety, and passive restraint discounts applied. When these discounts are applied, the average savings per year on auto insurance for unemployed drivers is 28% or $706.
Does it make sense to buy full coverage?
Lowering the price of auto insurance is probably important to the majority of people, and one of the fastest ways to lower the cost of insurance for unemployed drivers is to only buy liability coverage. The diagram below compares insurance premiums with and without physical damage coverage. The information is based on no claims, a clean driving record, $100 deductibles, single marital status, and no discounts are taken into consideration.
Averaged out for all age groups, comprehensive and collision coverage on your policy costs an additional $2,181 per year more than just buying liability only. That is a significant amount which raises the question when is the right time to remove full coverage. There is no specific rule for phasing out full coverage on your policy, but there is a general guideline. If the yearly cost for physical damage coverage is more than 10% of any settlement you would receive from your insurance company, then it could be time to drop full coverage.
The agents below can probably help you make a decision which auto insurance policy would work best for you, since lots of drivers aren’t clear which coverage they need and would like to have some advice when comparing insurance rates for the unemployed. It’s not always simple to find the best coverage on your own, and a licensed agent can bring peace of mind knowing you have sufficient coverage at claim time. To locate an agency closest to you, click the button link following the list or click here to compare price quotes.
- Texas Insurance Pro
2695 Villa Creek Dr #175 – Dallas, TX 75234 – (214) 717-4326 - Kristin Marquardt – State Farm Insurance Agent
10455 N Central Expy Ste 105 – Dallas, TX 75231 – (214) 987-2886 - Nationwide Insurance: The Rod Hanks Agency Inc
6300 Samuell Blvd #05 – Dallas, TX 75228 – (214) 275-8372 - Kelvin Nunley – State Farm Insurance Agent
1441 N Cockrell Hill Rd #100 – Dallas, TX 75211 – (214) 333-0404
View more Dallas, TX insurance agencies
How to find more affordable auto insurance for unemployed drivers
The list below shows some of the recommended thrifty suggestions that can help Dallas drivers locate cheaper coverage.
- Higher deductibles save money
- Avoid having at-fault accidents
- Do not pay for comprehensive and collision coverage on older vehicles
- Speeding tickets and other violations increase rates
- Good credit scores may make rates cheaper
- The safer your car, the less it costs to insure
- Comparison shop at least once a year
The last item on the list is particularly necessary, as was emphasized in the prior information. Insurance rates in Dallas change a lot, so don’t be hesitant to change insurance companies if you find a better deal. Many drivers prefer to stick with one company, but it isn’t a good idea if that inflexibility results in costing you thousands of dollars over the life of your policy. Take a couple minutes and compare prices to find cheaper insurance for unemployed drivers.