The words “bargain” and “insurance” probably shouldn’t be used together, in particular when you are trying to find the best car insurance rates for veterans. To help control this cost, let’s go over a few of the things that significantly impact insurance rates, and find a way to lower the cost of your next policy.
Comparing quotes for affordable car insurance is not most people’s favorite thing to do, and determining which companies offer the cheapest car insurance rates for veterans requires even more perseverance. Every insurance provider uses a different method for determining rates in each state, so let’s rank the most competitive car insurance companies in Dallas, TX.
Lowest Insurance Price Quotes for Vets
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,247 |
| 4 | Germania Mutual | $1,256 |
| 5 | Esurance | $1,379 |
| 6 | California Casualty | $1,438 |
| 7 | State Farm | $1,510 |
| 8 | Mercury | $1,521 |
| 9 | Nationwide | $1,538 |
| 10 | Safe Auto | $1,597 |
| 11 | Progressive | $1,664 |
| 12 | Allstate | $1,667 |
| 13 | Amica | $1,757 |
| 14 | GEICO | $2,135 |
| 15 | Home State | $2,155 |
| 16 | MetLife | $2,227 |
| 17 | Unitrin | $2,264 |
| 18 | Encompass | $2,324 |
| 19 | 21st Century | $2,469 |
| 20 | Titan | $2,594 |
| Compare Rates Now Go | ||
Travelers may have some of the cheapest car insurance rates in Dallas at around $1,010 per year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also some of the cheaper Dallas, TX auto insurance companies.
In the rate table above, if you are currently insured with Germania Mutual and switched to USAA, you may realize annual savings of in the neighborhood of $161. Texas drivers with Esurance might save as much as $284 a year, and California Casualty customers might realize rate reductions of up to $343 a year.
Bear in mind that those prices are averages for all drivers and vehicles in Texas and are not factoring in an exact zip code location for veterans. So the auto insurance company that can offer the best rates for your situation may not even be in the top 23 companies in the list above. That illustrates why you need to compare prices as often as possible using your own individual information.
One of the more important considerations that are used to help calculate the cost of insurance is where you keep your car in Dallas. Larger areas likely pay more, whereas areas with less crime or weather claims have the luxury of lower rates.
The table below sorts the highest-priced places in Texas for veterans in which to buy car insurance. Dallas is ranked at #2 with the annual price of $1,911 for car insurance, which is approximately $159 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | McAllen | $1,956 |
| 2 | Dallas | $1,911 |
| 3 | Houston | $1,891 |
| 4 | Amarillo | $1,858 |
| 5 | Laredo | $1,851 |
| 6 | Brownsville | $1,851 |
| 7 | Mesquite | $1,825 |
| 8 | Pasadena | $1,812 |
| 9 | Garland | $1,778 |
| 10 | Grand Prairie | $1,757 |
| 11 | Beaumont | $1,754 |
| 12 | Irving | $1,719 |
| 13 | Lubbock | $1,716 |
| 14 | Arlington | $1,709 |
| 15 | San Antonio | $1,688 |
| 16 | Carrollton | $1,664 |
| 17 | Austin | $1,627 |
| 18 | Corpus Christi | $1,620 |
| 19 | McKinney | $1,609 |
| 20 | Fort Worth | $1,604 |
| 21 | Waco | $1,584 |
| 22 | El Paso | $1,584 |
| 23 | Plano | $1,560 |
| 24 | Killeen | $1,518 |
| 25 | Abilene | $1,499 |
| Compare Prices Now Go | ||
Premium amounts are estimated as zip code location can modify prices significantly.
The car, truck, or SUV requiring coverage is one of the main factors that determines whether or not you find the most economical car insurance for veterans. Vehicles with lower acceleration and performance, excellent safety ratings, or a positive history of liability claims will cost substantially less to insure than fast, unsafe models.
The next list outlines auto insurance premiums for some of the cheapest automobiles to insure.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Toyota Prius | $1,419 |
| Dodge Grand Caravan CV | $1,439 |
| Ford F-150 XL Crew Cab 4WD | $1,470 |
| Toyota RAV4 2WD | $1,516 |
| Chevrolet Malibu LT | $1,547 |
| Ford Explorer Eddie Bauer 4WD | $1,553 |
| Honda CR-V LX 4WD | $1,573 |
| Ford Escape Limited 4WD | $1,591 |
| Honda Odyssey EX-L W/Navigation | $1,596 |
| Ford F-350 XLT Super Cab 2WD | $1,655 |
| Ford Focus SES 2-Dr Coupe | $1,704 |
| Toyota Camry Hybrid | $1,735 |
| Dodge Ram 3500 Mega Cab Laramie 2WD | $1,763 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $1,771 |
| Hyundai Elantra Blue 4-Dr Sedan | $1,799 |
| Honda Civic EX 4-Dr Sedan | $1,806 |
| Chevrolet Impala LS | $1,822 |
| Toyota Tacoma X-Runner 2WD | $1,830 |
| Chevrolet Silverado 2500HD LT Crew Cab Diesel 2WD | $1,843 |
| Volkswagen Jetta LE 4-Dr Sedan | $1,861 |
| Start a Quote Go | |
Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Table data does not factor in specific zip code location which can increase or decrease price quotes considerably.
Looking at the data, we can infer that vehicles like the Toyota Prius, Dodge Grand Caravan, and Ford F-150 are likely to be a few of the less-costly vehicles to insure for veterans.
Best car insurance in Dallas
Finding the best car insurance company can be rather challenging considering how many different companies sell coverage in Texas. The ranking information shown next could help you pick which car insurance companies to look at when shopping car insurance rates for veterans.
The rankings below are for companies that insure vehicles nationwide, so smaller companies that only insure vehicles in Texas are not factored into this list. If you’d like to compare prices from these top insurers and more, simply click here.
Top 10 Large Auto Insurers Overall in Dallas
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
Full coverage rates compared to liability-only
Finding cheaper car insurance is probably important to most people, and one way to save on the cost of insurance for veterans is to only buy liability coverage. The example below illustrates the comparison of insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Texas. The rates are based on no claims, a clean driving record, $100 deductibles, drivers are single, and no discounts are applied to the premium.
If we average the cost for all age groups, comprehensive and collision coverage on your policy costs $2,974 per year over liability only. That amount may make you wonder if it’s a good idea to buy full coverage. There is no clear-cut formula of when to drop physical damage insurance, but there is a broad guideline. If the annual cost of having full coverage is about 10% or more of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
Why you should be shopping around
Dallas, TX car insurance rates are impacted by many factors which can significantly increase or decrease the cost of a policy. Simply getting older, buying a different home, or getting a ticket for running a stop sign can cause premium changes that can cause some rates to be cheaper than competitors. Not only may things change on your end, but insurers change rates without warning in order to remain profitable. Heavier than normal losses can cause a rate increase, while a better claims history can produce cheaper Dallas car insurance rates.
The bar chart below compares the cheapest car insurance in Dallas, TX for a 45-year-old male driver with a clear driving record, no claims, and good credit. When quoting prices based on his current situation, Travelers offers the best car insurance rates in Dallas at $1,351 each year. This is $553 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also included in the most affordable Dallas, TX auto insurance companies.
The chart below compares rates after we give the driver from the first rate comparison an at-fault accident, less-than-perfect credit, and a traffic citation. Because each company has their own unique process for filing rates in each state, analyzing rates could result in a different set of companies as shown below.
State Farm now has the best insurance rate in Dallas, TX with Mercury, USAA, Safe Auto, and Nationwide also having competitive pricing. This example demonstrates why drivers need to compare rates when trying to find cheap auto insurance rates for veterans. Rates are calculated by many factors and can decrease or increase without notice, so the cheapest option when you last compared rates may now be wasting a lot of money.