Southlake is in Tarrant County and is one of the best places to live in Texas. Living in Southlake offers residents a rural feel and most residents own their homes. It is a place to plant roots especially with rates LOWER than $90.00 a month!
Cheapest Liability Rates In Southlake
On average, the cheapest liability insurance rate offered for Southlake insurance in Texas is insured with Dairyland for $88 a month. Companies are able to offer different discounts and premiums depending upon the customers. Some may rate a customer low if they are a low risk, whereas a high-risk customer may be offered a larger premium. Generally, Liberty Mutual is the most expensive averaging about $134 a month.
Rank
Company
Average Price
1
Dairyland (Viking)
$88.00
2
Bristol West
$100.00
3
Progressive
$107.00
4
Mendota
$115.00
5
The General
$117.00
6
Travelers
$117.00
7
Liberty Mutual
$134.00
Insurance Discounts Available In Southlake
Discounts offered vary upon the insurance provider, but most offer common discounts such as Clean driving history, Auto Pay, and Paid in Full discount. A highly impacted discount is the Paid in Full discount, meaning paying the premium up front at the time of issuing the policy. Other discounts offered are multi policy discounts, which bundles 2 or more types of insurance together.
Impact on rates
Discounts Available
High
No Accidents or Violations
High
Paid in Full
Mild
Homeowners
Mild
Education Discount
Mild
Military
Mild
Married
Mild
Multi Vehicle
High
Auto Pay
Mild
Multi Policy
Company Ratings AM Best And JD Power In Southlake
COMPANY
J.D. POWER CLAIMS
A.M. BEST RATING
Auto Club of Southern California Insurance Group
866
A+
Esurance
844
A+
Liberty Mutual Insurance
857
A
Mercury
837
A
Farmers Insurance
865
A
The Hartford (AARP insurance)
873
A+
Nationwide
867
A+
Automobile Club Group
857
A++
MAPFRE Insurance
842
A
American Family Insurance
857
A
MetLife
867
A+
Erie Insurance
879
A+
State Farm
878
A++
It is important to do your own research when selecting an insurance company to use. Insurance companies use a rating system, called AM Best and JD Power to rate their service, like most business’s have. The top rated insurance company in Southlake, Texas is State Farm, and the lowest rates is Mercury Insurance. These ratings are based on customer service and claims experiences.
Liability Requirements In Southlake
State
Minimum Coverage Requirements
Average Cost for Minimum Liability Coverage
Texas
30/60/25
$510
The minimum liability requirements in Texas are 30/60/25. Liability protects others from you in the event of an accident and pays out to the other party involved. In this case, the payout is $30,000 per person, up to $60,000 per accident and $25,000 for property damage. Other coverages are available such as Uninsured Motorist and Medical Payments.
How Age And Gender Affect Your Rates In Southlake
Drivers aged 16-18 pay more in car insurance, than an experienced driver aged 50-65. Males pay more in insurance than females because statistics show that accidents involving males result in a larger claim payout costing more for insurance companies to insure. Generally, when you reach 25 years of age, your insurance rates will start to go down as long as you have a good driving record.
Age
Male
Female
16-18
$ 231.84
$ 184.09
19-24
$ 193.20
$ 161.00
25-30
$ 139.84
$ 124.84
31-40
$ 110.40
$ 106.08
41-50
$ 109.48
$ 98.44
50-65
$ 99.36
$ 101.48
65+
$ 106.08
$ 114.08
Discounts Insurance Companies Offer In Southlake
Progressive
Dairyland
Mendota Advantage Auto
Military
No Accidents or Violations
Married
Paperless Discount
Homeowners
Multi Vehicle
Auto Pay
Multi Vehicle
No Accidents or Violations
Education Discount
Continuous Insurance
Paid in Full
Continuous Insurance
Auto Pay
Continuous Insurance
Multi Vehicle
Military
Auto Pay
Advanced Quote
Married
Homeowners
No Accidents or Violations
Multi Policy
Paid in Full
Paid in Full
Multi Policy
Married
Generally, the top 3 insurance companies we provide in Southlake are Progressive, Dairyland and Mendota but are not limited to these. These companies offer several discounts, which can save customers on their insurance premiums. The most well-known discounts, are Auto Pay, Pay in Full, and No Accidents/Violations. Other discounts offered are education and Advanced quote.
Insurance Companies We Represent In Southlake
We are able to offer a wide variety of choices for insurance companies in Southlake. This means we can shop multiple companies to make sure our customers are receiving the most competitive rate. Some well known companies we work with are Progressive, Travelers, Dairyland and The General. Other smaller companies include, Bristol West, Victory, Best Choice and Mendota.
Insurance Companies In Southlake, Texas That We Represent
Below is amount the amounts company adds to the premium to file the SR22 with the state.
Company
Average (SR22 Fee)
Assurance America
$25
Bristol West
$35
Dairyland
Free
Gains Co
$25
Mendota
$25
Progressive
5% (average)
State Farm
SR22 Not available
The General
$25
Travelers
SR22 Not available
Have you received a letter from the State requiring you to carry SR-22 insurance? The process can seem overwhelming, but to our experts it is a very simple process. SR-22 is simply an attachment added onto a policy, showing the state that you are carrying insurance. Most cases, the SR-22 costs a one time $25 fee, with some companies it is free.
Other Types Of Insurance We Offer In Southlake
Aside from auto insurance, we offer several other types on insurance in Southlake Texas. If you are able to bundle your home insurance, auto, and motorcycle policies, you can save money.
We also offer Boat insurance, RV Insurance, Commercial auto and Business. Progressive, Travelers, and Dairyland are able to bundle most policies since they offer a wide array of insurance.
