Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. USAA — already the cheapest company on average — only raises rates by 8% in the Fort Worth area. Bankrate.com does not include all companies or all available products. If you’re shopping for cheap car insurance in Texas, there are a few companies that stand out for affordable rates. We found that if you're at fault for an accident causing $2,000 in property damage, these insurers will raise your rates by an average of 43%. This is good news for Texas drivers, considering average year-over-year rates increased by 5.7% across these companies from 2014 to 2018, and by 9.3% in 2017 alone. Mark is a Senior Research Analyst for ValuePenguin focusing on the insurance industry, primarily auto insurance. The second-largest state in the United States, Texas also features some of the most populated cities in the country — Houston, San Antonio, Dallas, Austin and Fort Worth. Other types of coverage are optional, such as collision and comprehensive, medical payments coverage and uninsured motorist coverage. A lower Complaint Index means customers complain about a company at a lower rate, adjusted for the company’s size. The state of Texas requires all drivers to carry a minimum amount of car insurance. Whether you’re heading to visit The Alamo in San Antonio or the beach at Corpus Christi, you should stay informed of sudden weather extremes when planning travel on Texas … You have money questions. Houston is the most expensive major city; its average rates are $1,284 per year. Click and answer our 7 basic questions and save big money on your auto insurance. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. \n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n \u003Cstrong\u003EUSAA\u003C\/strong\u003E: Full-coverage policies with USAA costs an average of $1,292 per year for our sample driver, though you must qualify for membership. \n \u003C\/li\u003E\n \u003Cli class=\"ListUnordered--list-item\"\u003E\n \u003Cstrong\u003EState Farm\u003C\/strong\u003E: This is the cheapest insurer that has a major market share \u2014 so it's widely available \u2014 and no eligibility requirements. In fact, customers complain about Fred Loya more than any of our sample insurers and at twice the rate of the median insurer across the country. Michael Mcgoon. For instance, \u003Cstrong\u003EMetLife\u003C\/strong\u003E policies cost our driver an average of $5,405 per year in Texas, more than five times as expensive as Fred Loya Insurance. While we adhere to strict Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. If you're interested in more information on how car insurance rates in Texas change by location, we've dug into the five biggest cities in the state by population to show how insurers alter prices: Areas with denser populations tend to have higher car insurance rates, and all five of these cities have rates higher than the state average. Passive income ideas to help you make money, Best age for Social Security retirement benefits, The Best Minnesota Car Insurance Companies 2020, Best car insurance in North Carolina 2020, The Best Maryland Car Insurance Companies 2020, Privacy policy / California privacy policy, $30,000 bodily injury liability coverage per person, $60,000 bodily injury liability coverage per accident, $25,000 property damage liability coverage per accident. The variation in prices means that when you look for quotes for a full coverage policy you should compare at least three companies. The company gives discounts for being claims-free, being a smart student, having certain vehicle safety equipment, bundling policies and insuring multiple vehicles. However, car insurance policies in Texas automatically include PIP coverage, which is typically only required for drivers in at-fault states. Guide to Texas Car Insurance. There are also discounts for good drivers, good students, military personnel, federal employees and bundling policies. We found that if you're at fault for an accident causing $2,000 in property damage, these insurers will raise your rates by an average of 43%. State Farm also offers two safe driver programs—Drive Safe & Save™ and Steer Clear®—which use an app to track behind-the-wheel behavior, and rewards good drivers with a lower rate. Bankrate’s editorial team writes on behalf of YOU – the reader. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But in the Lone Star State, a driver could pay $34 per month with the cheapest insurance company and $153 per month with the most expensive — for the exact same policy. Yes, car insurance is legally required in the state of Texas. The national median for the Complaint Index is 1.0, meaning companies with a lower index provide better customer service compared to the median company. Get insider access to our best financial tools and content. Qualified former and current military members should … Cheapest Insurance with Bad Credit - Texas Farm Bureau. We maintain a firewall between our advertisers and our editorial team. Our sample driver was a 30-year-old male driving a 2015 Honda Civic EX. Cheapest car insurance for minimum policy in Houston. The requirements include: Although Texas is not considered a no-fault state, every car insurance policy in Texas automatically includes personal injury protection (PIP) coverage. You can use our car insurance calculator to see how prices change when you opt for more coverage, or keep reading on this page to see examples of how much different types of policies cost in Texas. Loya had the cheapest auto insurance quotes for our sample driver, with an average premium of $777 — nearly half as expensive as the city average. Minimum Texas Car Insurance Coverage. {"buttonText":"Texas Quotes","customEventLabel":"","defaultProduct":"auto","defaultZip":"","hideTitle":false,"id":"QuoteWizardQuoteForm--506","isAgeFieldVisible":true,"isDeltyForm":false,"isInsuranceTypeFieldVisible":true,"isInsuredStatusFieldVisible":true,"quoteWizardEndpoint":"https:\/\/quotes.valuepenguin.com","showTrustMessage":false,"style":"dropshadow","tier":"VPT1","title":"Find Cheap Auto Insurance Quotes in Texas","trackingKey":"_car-insurance-rates-texas-study","trustMessage":"It's free, simple and secure.","vendor":"vp"}. Despite its size, its average rates are only 7% more than the Texas average. If you decided to buy a cheap car insurance policy with only the coverage mandated by the Texas government (30/60/25), you could personally be on the hook for over $50,000 after the bodily injury protection is depleted. Of the 50 most populous cities, San Angelo is the cheapest in Texas for car insurance, with average rates of $729 per year for a minimum-coverage policy. 2019 rate change figures represent the year-to-date change (reported by the NAIC) as of Dec. 30, 2019, {"disclosureMessage":" \u003Cp\u003EAdvertiser Disclosure: Some of the offers that appear on this website are from companies which ValuePenguin receives compensation. For this type of policy, we recommend State Farm as the cheapest major, widely available insurer at an average cost of $617 per year. Texas has the second highest number of licensed drivers, only behind California. We are an independent, advertising-supported comparison service. In the table we rank Texas insurers by their National Association of Insurance Commissioners (NAIC) Complaint Index; in other words, the rate at which Texans file official complaints to their state regulator. 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