- Where to Find the Best Car Insurance Rates in Texas
Where to Find the Best Car Insurance Rates in Texas
A recent analysis of car insurance quotes that was carried out in Texas showed how widely insurance costs can vary from one company to the next and from one city to the next, even within the same state. The survey, which looked at insurance quotes from more than thirty different companies in over 300 cities in Texas, demonstrated just how important it is that you shop around for your car insurance.
As an example of this disparity in prices, the difference between the most expensive quote and the cheapest quote for car insurance in Houston was more than two thousand dollars. In fact, the difference was so great that a single year’s premium at the most expensive company could have paid for the premiums at the cheapest company for four years. This just proves how important it is for consumers for consumers to do their research before they sign a policy. To find out if you are paying too much for your auto coverage, enter your zip code above, or keep on reading to find out more.
Which are the Cheapest Car Insurance Companies in Texas?
To find the cheapest car insurance providers in Texas, the survey analyzed car insurance quotes from over thirty companies for a range of married and single drivers. The companies were then ranked according to the average quote from each company for auto insurance in nearly 300 different cities.
The survey found that, overall, the six cheapest insurance companies in Texas were; USAA, Foremost County Mutual, Farmers Auto, GEICO, and AAA Texas. The average quoted for the cheapest company, USAA was $497, and the average for the least cheap of the top six, AAA Texas, was $693. The overall average of all car insurance companies in Texas was $885.
It should be noted that, although USAA had the lowest average quotes, the company only provides auto insurance for members of the armed forces and their families. Also, to buy a policy from AAA Texas, you need to be a member of the American Automobile Association (AAA).
The average rates across all 293 cities that were included in the survey were based on combinations of different types of drivers. They included both married and single drivers from the age of 30 to 65 years old. It included people with no traffic violations, a single speeding ticket within the last three years, and people with one accident on their record that was their own fault. The survey also covered people with good credit scores and those with less than perfect credit scores.
The cheapest insurance quotes in Texas, as we mentioned above, were; USAA, Foremost County Mutual, Farmers Auto Insurance Company, GEICO, and AAA Texas, with the cheapest car insurance premium being $497 from USAA.
At the other end of the scale, the survey found that the three most expensive auto insurance companies in Texas were; National General Insurance Company, at $1,364, Encompass Indemnity Company, at $1,681, and Esurance Insurance Company, at $1,954.
The figures that we have quoted here are only averages. The actual premium that you will be charged for your car insurance will depend on where you live, where you park your car overnight, and on your personal details and your driving history.
While the figures from this survey will provide you with a good indication of where to find the cheapest auto insurance for you, it is advisable to always get at least three quotes from different companies. You can begin your search for the cheapest car insurance in your area by entering your zip code below.
Analysis of the Cheapest Car Insurance in Texas by City
Where you live is also an important factor in how much your auto insurance premiums will be. The survey looked at car insurance premiums for married and single drivers between the ages of 30 and 65, with a variety of different driving histories and credit histories, across thirty of the largest cities in Texas.
The survey showed that in nearly all cities, USAA were the cheapest or the second cheapest insurer in Texas, but they only provide insurance for military personnel and their close families. The most noticeable common trend in the analysis of the cheapest car insurance in Texas by city was that Allstate Insurance Company appears to be the cheapest insurer in many cities, but certainly not all of them.
In fact, what the survey demonstrated was that, as well as the city that you reside in making a big difference to your premiums, so too does that insurance company that you choose, proving once again how important shopping around for the cheapest car insurance can be.
Here is a summary of what the survey found in Dallas, Houston, Austin, San Antonio and El Paso:
Car Insurance in Dallas, Texas
On average, a car insurance policy in Dallas will cost about $1,134, but you can still get cheap car insurance in Dallas if you are prepared to shop around. The premiums that you will pay in Dallas will still depend on your personal circumstances and your driving history, but for many people, Direct General, GEICO, and Farmers proved to be the cheapest auto insurers in Dallas. Dallas is the sixth most expensive city in Texas to insure a motor vehicle, but the quotes from the above-mentioned insurers worked out to be approximately 37% lower than the average.
Cheapest car insurance in Houston, Texas
Houston came out of the survey as one of the most expensive cities in Texas to insure a vehicle. The survey showed, though, that you can still save significantly on the average premium of $1,206. Based on the analysis of auto insurance premiums in Houston, you could save as much as 45% on the average premium by insuring your vehicle with GEICO, Direct General, or Farmers.
Auto Insurance Premiums in Austin, Texas
If you are looking for the cheapest car insurance premiums in Austin, Texas, then the survey shows that drivers over the age of 30 would save money on car coverage by looking at Direct General, GEICO, and Farmers. The average auto insurance premium in Austin of $1,039 a year is approximately 17% lower than elsewhere in Texas, but you could still save up to 40% of that price by insuring your motor vehicle with one of these three cheapest insurers in Texas.
Cheap car insurance in San Antonio, Texas
If you live in San Antonio, the second largest city in Texas, then you can expect to pay about $1,078 to insure your car. That will be a premium of 22% above the average for the state. However, if you shop around for the cheapest auto insurance in San Antonio, you will find that Direct General and GEICO will be a lot cheaper than that.
Cheapest auto insurance in El Paso, Texas
Even though El Paso is the sixth largest city in the state of Texas, you can still find affordable auto insurance in El Paso that is lower than the average for the rest of the state. A typical, average motor insurance premium in El Paso will be about $867 a year. Direct General comes out as the cheapest car insurance company in El Paso, across all types of drivers, but it is still worth getting quotes from GEICO and Farmers as well.
Which are the best Auto Companies in Texas?
As a part of this survey of auto insurance companies in Texas, the researchers also looked at customer satisfaction as well as price. To gauge this, they ranked companies by the number of valid customer complaints each company received.
The top three car companies with the lowest number of complaints lodged against them were Hartford Fire ins Company, State Farm County Mutual Company of Texas, and Germania Select Insurance Company. The three that fared the worst in the customer satisfaction survey were; GEICO Indemnity Company, the Loya Insurance Company, and the Old American County Mutual Fire Insurance Company.
The cheapest auto insurance company’s identified in the study; Foremost County Mutual, Allstate, and USAA, all demonstrated good customer service with a lower than an average number of complaints having been made against them.
What is the Average Cost of Car Insurance in Texas?
According to the survey, the average motor vehicle insurance premium paid in Texas was $885. That figure takes into account people of all ages between 30 and 65, married and single, with varying credit scores, and a clean driving record or just one own-fault accident or one speeding ticket.
It is worth noting that either side of that average figure, the premiums paid can vary significantly. At the top end of the scale, the highest premiums paid were $1,206 in Houston, while the cheapest auto insurance in Texas was $681 in Spearman.
Methodology & Assumptions
The average insurance premiums quoted here are for illustrative purposes only. Actual vehicle quotes will vary based on individual driving history, location, type of coverage, and other factors.
The data used for this report was compiled from data provided by the Texas Department of Insurance for drivers aged 30 to 60 years old with varying driving histories and personal backgrounds. Drivers included in the survey either had a clean driving record or a single speeding ticket or a single accident on their record and credit ratings below or above average.
The car insurance premiums were based on a 2.5 liter/4 cylinder engine 2012 Toyota Camry four-door sedan, and the minimum auto liability required in Texas, which is $30,000 per individual, up to a maximum amount of $60,000 per single accident, for personal injury liability, and $25,000 of property damage liability.