The average annual rate of car insurance in Laredo is $1,498. It is slightly higher than the statewide average of $1,405 but less expensive than the nation’s average of $1,538. However, every company offers different deals and policies. Therefore, it is best to compare multiple car insurance companies in Laredo to get the best policy.

Jump to Laredo car insurance rates by:

• Insurance Company
• Age Bracket
• Driving Record
• Credit Score
• Location
• Weather Conditions

Laredo Cheapest Car Insurance Rates by Insurer

Determining the most appropriate car insurance company that best suits your driver’s profile is important if you want to save on your Loredo auto insurance rate. Looking for the cheapest plan is not always an option if you reside in areas prone to theft, crime, or potential driving hazards, and if you have a past violation on your record. However, if you have a clean driving record, you will likely receive cheaper rates. GEICO offers the most affordable car insurance rates in Laredo.

Laredo Car Insurance Rates by Company

Laredo Car Insurance Rates by Age Bracket

Loredo insurance companies account for the age of the driver to judge their capability to drive. Laredo drivers in their fifties as well as drivers in their sixties pay lower rates. On the other hand, teenage drivers in Laredo are seen as high-risk drivers by insurers. Therefore, they have the highest rates, with a substantial gap between other age groups. However, they will be entitled to a significant rate decrease on their 20th and 25th birthday.

Laredo Car Insurance Rates By Age Group

Laredo Car Insurance Rates by Marital Status and Gender

The driver’s marital status contributes to car insurance rates in Laredo. Many married drivers in Laredo pay lower rates than single drivers. Married drivers are considered more responsible on the road and more financially stable. Also, widowed drivers pay cheaper rates than single drivers.

Moreover, male drivers in Laredo pay $25 more than female drivers. Female drivers are considered more responsible drivers than males.

Cheapest Auto Insurance Rates in Laredo by Marital Status and Gender

Laredo Car Insurance Rates by Citation and Driving Record

Your driving record substantially impacts your car insurance costs in Laredo. If you are found guilty of driving recklessly or speeding, your insurance rates will have an additional annual cost.

A significant yearly increase of $726 will be added on to your annual car insurance quotes if you are given a reckless driving citation, while an additional $118 will be added for speeding tickets. As for DWI or DUI violations, an additional $744 will be added to your annual rate. Thus, it is essential to maintain a clean driving history to receive cheaper car insurance rats in Laredo.

Laredo Car Insurance Rates by Violation Record

Laredo Car Insurance Rates by Credit Level

The credit tier of Laredo drivers is correlated to car insurance rates. If a driver significantly elevates their credit score from “Very Poor” (300-579) to “Exceptional” (800-850), they will garner as much as 60% savings on their car insurance premium. Additionally, if you take a small step towards the “Fair” credit tier from the “Very Poor” tier, you can save as much as $1,226 on your annual car insurance rate in Loredo.

Laredo Car Insurance Rates by Credit Level

Laredo Car Insurance Rates by Location

Location is another contributing factor in your auto insurance rates in Loredo, TX. If you live in areas considered high-risk, it is likely for your car insurance rates to increase. Certain areas in Laredo are prone to accidents, theft, crime, and uninsured motorists. These areas have more expensive rates by 10% in comparison to areas considered lower-risk in Laredo.

Laredo Car Insurance Rates by ZIP Codes

Laredo Weather and Driving Conditions

Weather conditions trigger auto accidents in Laredo. Drivers may experience wet brakes, slick roads, low-visibility, and other driving hazards during bad weather.

Laredo experiences an average of 60 rainy days annually, with occasional thunderstorms and flash floods. Hence, weather conditions are a cause for car accidents around Laredo and auto insurers consider this data when calculating quotes.

List of Car Insurance Companies in Laredo

Laredo Car Insurance FAQs

Am I allowed to use a handicap permit issued from another country in Laredo?

The following states allow handicap permits from outside the country: California, Louisiana, Nevada, Texas, and Illinois. If you plan on visiting other states, it is best to contact the state’s DMV.

I was involved in a car accident in Loredo, and I am not listed under my wife’s auto insurance policy. What options do I have to resolve this?

It is best for your spouse to list you on their insurance policy since they you access to their vehicle and you both carry the financial responsibilities.

How do I handle opening an insurance claim for a totaled car in Laredo?

The first thing to do is cancel the vehicle’s coverage if you do not plan to buy a new one soon. Second, if the policy is active during the accident, your insurer will handle your claim.

How do I transfer with my insurance policy in Laredo if I move to another state?

You can directly contact your agent or your auto insurance provider and inform them regarding your change of address. They will be the ones to settle your policy in Laredo and inform you whether or not you can still be covered, or if you have to switch to another company in your new location.

I parked my car somewhere in Laredo and, unfortunately, a tree fell on it. What is the best thing to do to file a claim?

Your compensation will depend on if you have comprehensive or full coverage car insurance. It is also your car insurance company’s job to extend the liability to the owner of the property with the fallen tree, such as an apartment complex.