No, it is not your imagination! Cheaper car insurance has been harder to find in Texas because of an increasing number of car accidents on Texas highways that have involved serious injuries and fatalities. This is where cheap car insurance can save you a bundle. With the increased number of accidents over the last four years, car insurance has been on the rise in the state. Cheap car insurance guarantees that you still have insurance [time-restrict on="2016-03-26 00:00:00"]https://www.texasquotes.com/cheap-car-insurance/[/time-restrict], despite the fact that it continues to rise.
What is the cause of these accidents. Essentially, it boils down to the higher legal speed limits on Texas highways. For example, a lot of speed limits have jumped from 75 mph to 80 or 85 mph. When the speed limits rose, so did the number of serious accidents. The faster you are going, oftentimes, the more fatal the injuries when you crash into someone. Because of the more serious accidents, this has led to a rise in higher insurance claims, which has caused the industry prices throughout the state to rise. Even if you cannot afford car insurance, cheap car insurance will prove better than none at all. At least with cheap car insurance, you can rest assured that your medical bills will still be covered in the event of an accident.
On Texas roads, even those who have not experienced an accident have had to suffer through raised premiums. What might have been cheap car insurance before is no long there. Despite the speed limit increases, there could still be more behind these accidents than just that. For example, it could be due to the fact that the United States economy has recovered, and as a result, there are more drivers on the road. That will naturally lead to more accidents. Nevertheless, we can point to the fact that when the speed limits increased, so did the number of accidents, and as a result, even cheap car insurance rose.
What can consumers do to combat these rising prices and find cheap car insurance? First, you have to look around at everything available. Cheap car insurance will be hard to find if you are too loyal to your current insurance provider. Unfortunately, the prices go up when you do not shop around for cheaper car insurance because a lot of insurance companies base their rates on whether you will be at risk for looking elsewhere. Tell your insurance agent that you will be shopping around, and this could help you to receive cheaper car insurance premiums.
What else can you do to receive cheap car insurance? If you have a teen with good grades, this could lead to cheaper car insurance rates. The reason? Studies have shown that teens with good grades are less at risk of getting into an accident, and as a result, a lot of insurance providers reward hardworking students with cheaper car insurance. Despite the fact that car insurance premiums have steadily been on the rise in Texas, that does not mean that you cannot find cheap car insurance.