My research into what different Texas liability insurance companies are charging drivers shows that there is a huge difference in rates that are being charged.
For example, compare the following quotes for the minimal liability policy of $30,000 for one person’s injuries, $60,000 for every one’s injuries, and $25,000 for property damage for these two men living in the 76107 zip code (west/central Fort Worth):
A. Married, 25-64 years old, no at fault wrecks and good credit:
Allstate Fire 202
State Farm 452
B. Single, under 25, with one at fault wreck and average credit:
Allstate Fire 1,560
State Farm 1,942
It obviously pays to shop around, as the first man can pay any where from $199.00 to $1,430 per year, and the second can pay any where from $1,560 to $5,802 (depending on his background).
Here’s the link: