Best Auto Insurance Companies In Texas - The cheapest car insurance in Dallas, Texas is State Farm, which offers minimum coverage for an average of $57 per month.
Dallas is the third most populous city in Texas, so drivers pay more for car insurance. The average minimum coverage rate in Texas is $926 per year, but drivers in Dallas pay $215 more — an average of $141.
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Rates vary widely from driver to driver, depending on factors such as creditworthiness and driving history. Make sure you get offers from at least three insurers.
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The cheapest deal comes from State Farm, which charges Dallas drivers an average of $680 a year. That's $461 cheaper than the city average of $141. Fred Loya came in second, charging just $47 a year more, or about $4 more a month. Nationwide also offered a relatively affordable minimum coverage of $1,045 per year or $87 per month.
From a price point of view, a minimum coverage policy may seem attractive, but keep in mind that lower rates come with less coverage. If you have an accident, you will be financially responsible for your own car repairs and your own treatment bills.
Fred Loya has the cheapest full coverage rates in Dallas according to our valuation analysis. The average cost of full coverage in Dallas is $3,111, but Fred Loya charges policyholders about 60% less — just $1,247 per year or $104 per month.
If you're a Dallas driver looking for full coverage at an affordable price, be sure to check out State Farm and Geico as well. They both charge more than Fred Loya, but have a stronger reputation for customer service.
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Military members and their families should call USAA for a quote. At $1,464 per year, USAA has the second cheapest full coverage coverage of the nine companies we surveyed.
While the minimum protection only covers damage or injury to the co-driver, full protection also protects your car. Includes collision and comprehensive protection.
Insurers are increasing premiums for drivers they consider high. Factors that can increase your risk score include an accident, driving under the influence or speeding ticket in your driving history and low creditworthiness.
Fred Loya, State Farm, and Geico offer the cheapest car insurance for drivers in Dallas who have had an at-fault accident.
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While Fred Loya offered the lowest overall stakes, State Farm raised the stakes the least. The rates for a driver who has a fault-related accident are only $270 per year more than for a driver with a clear record. The average rate among all insurers in our study increased by $1,791 after a fault-related accident – a jump of 58%.
Speeding fines increased the average cost of insurance in Dallas by $228 – not as much as the increase after an at-fault accident ($1,791) or a DUI ($2,101).
Together, these insurers cost 43% less than the average cost of insuring drivers with a speeding ticket, which is $3,339.
Coverage through MetLife, the most expensive insurer in our study, was $4,486 more expensive than that from Fred Loya, the cheapest insurer in our study. Differences like this highlight the importance of comparing quotes before purchasing an insurance policy.
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Driving under the influence (DUI) is a serious offense – so serious that the insurers in our study raised the average rates by 71%.
Fred Loya has the cheapest rates for drivers, charging just $2,134 per year. That's over $3,000 cheaper than the city average for impaired drivers, which is $5,312.
While your credit score doesn't affect your ability to drive safely, it can affect your car insurance rates.
The analysis found that Dallas car insurance for drivers with a low credit rating costs an average of $3,859 per year — $1,275 more than the annual premiums for drivers with average credit and $1,863 more than the annual premiums for drivers with very good credit.
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Statistically, married drivers have fewer accidents than single drivers, so many insurers charge lower rates on them. Dallas married driver rates are 10% lower than single driver rates.
If you are married and live in Dallas, please contact Fred Loya, State Farm and Nationwide for a quote as these companies have found the most affordable premiums.
Our exemplary 18-year-old driver's full insurance was on average 163% higher than our 30-year-old driver's full insurance. To offset the cost, young drivers should, if possible, stick to their parents' policies.
If staying on your parent's policy isn't an option, ask your insurer about common car insurance discounts, such as student discounts for being away from home or discounts for good students.
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Another option is to purchase a minimum coverage. However, this approach is usually not recommended. Young drivers are generally more prone to accidents and are more likely to benefit from the added protection offered by full protection.
Your car insurance premiums depend on your location – sometimes your zip code. Crime rates and population density can increase risk and cause insurers to raise rates.
The most expensive zip code in Dallas, 75398, had average annual premiums that were $294 more than the cheapest zip code 75098.
Dallas has the highest car crime rate of the 11 most populous cities in Texas. Our 2019 FBI crime data review found that for every 1,000 residents, about eight cars were stolen.
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We collected data from nine of the largest insurers in Texas. Our example driver was a 30-year-old man who drives a 2015 Honda Civic EX with average credit.
The analysis used data on insurance rates from Quadrant Information Services. The rates are made public based on the documents of the insurer and should be used only for comparative purposes; Your own quote may be different.
To get an insurance quote by phone call: (855) 596-3655 | Agents available 24 hours a day, 7 days a week! To help you find the best cheap car insurance, our editorial team has analyzed thousands of auto insurance quotes from the best Texas insurers. We have organized the cheapest companies for different drivers based on factors such as price, customer service and range.
Liability assessments meet the Texas state minimum liability requirement of $30,000 per person for personal injury and $60,000 for an accident plus $25,000 for property damage coverage. Full insurance quotes include higher liability limits and full and collision insurance.
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For minimal liability, State Farm offers the cheapest rate in Texas at $450 per year. That's 32% less than the average Texas minimum insurance cost of $666 per year. Other low-cost companies include USAA and Geico, although USAA is only available to current and former military personnel and their families.
If you are looking for the cheapest car insurance possible, you can purchase a policy that only meets Texas state minimum liability insurance requirements.
Minimum coverage offers for car insurance meet Texas legal requirements, which include $30,000 per person for personal injury, $60,000 for accident and $25,000 for property damage insurance.
At $60,000 per accident, the Texas personal injury policy limit may not cover the cost of an injury in a major accident. And minimum liability policies do not cover damage to a car that is covered by the general and collision coverage of the full insurance policy.
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USAA, Geico and State Farm are the cheapest insurance companies in Texas. All three offer full coverage that is less than $1,400 per year, which is much cheaper than average.
State Farm and Geico have the cheapest rates for Texas drivers who receive a speeding ticket, each at least $400 cheaper than average.
A speeding ticket on your driving record can also affect your car insurance rates, although generally not as much as an at-fault-related accident. Average car insurance rates in Texas increase by 93% for a driver with a one-time speeding ticket.
State Farm, Geico and USAA are the least likely to raise auto insurance rates after an accident. One of the most important factors that affect car insurance rates is your driving history. If you are at fault in an accident in Texas, insurance companies will increase your full insurance rates by an average of 149%.
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State Farm, Geico, and USAA are the cheapest companies for DUI or SR-22 drivers, at 36%, 16%, and 32% lower than the state average, respectively. Texans who get their driving under the influence (DUI) license may find that their rates will nearly double.
State Farm is the cheapest company for bad credit drivers, with an average rate of $2,034 per year for full coverage. Insurance companies set bids based on the perceived risk posed by the driver, and many insurers believe that drivers with lower credit ratings are more likely to file a claim.
Drivers in their teens are more prone to accidents than drivers with more experience, which is why insurance companies charge them higher rates. The average minimum insurance rates for an 18-year-old Texas driver are 221% higher than for a 30-year-old driver.
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