For drivers in Dallas, one of the big factors that are looked at to determine insurance cost is where you choose to live. More densely populated places will most likely have higher rates, whereas areas with lower crime rates and fewer weather claims benefit from having to pay less for coverage.
The information below lists the most expensive places in Texas to purchase auto insurance in. Dallas ranks #5 with the annual price of $1,837 for car insurance, which is about $153 each month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | McAllen | $2,016 |
| 2 | Laredo | $1,889 |
| 3 | Amarillo | $1,858 |
| 4 | Brownsville | $1,851 |
| 5 | Dallas | $1,837 |
| 6 | Houston | $1,835 |
| 7 | Mesquite | $1,825 |
| 8 | Pasadena | $1,812 |
| 9 | Garland | $1,796 |
| 10 | Grand Prairie | $1,793 |
| 11 | Beaumont | $1,754 |
| 12 | San Antonio | $1,739 |
| 13 | Irving | $1,719 |
| 14 | Lubbock | $1,716 |
| 15 | Arlington | $1,692 |
| 16 | Austin | $1,676 |
| 17 | Fort Worth | $1,670 |
| 18 | Carrollton | $1,615 |
| 19 | McKinney | $1,609 |
| 20 | Corpus Christi | $1,588 |
| 21 | Plano | $1,576 |
| 22 | El Paso | $1,568 |
| 23 | Abilene | $1,545 |
| 24 | Waco | $1,522 |
| 25 | Killeen | $1,518 |
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Premium costs are estimated as the vehicle garaging location can revise rates noticeably.
Now that we know where Dallas ranks on price, figuring out which company offers the most affordable car insurance rates in Dallas will take a little more work than just comparing a company or two. Each auto insurer has a unique formula for setting rates, so we will examine the car insurance companies with the most affordable rates in Dallas.
It’s important that you understand Texas car insurance rates are determined by lots of factors which can substantially decrease or increase the price of your policy. Simply turning a year older, buying a home instead of renting, or getting a couple of tickets may cause policy rate changes that can make some companies cheaper than before.
Cheap Insurance Rates in Dallas
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,199 |
| 4 | Germania Mutual | $1,294 |
| 5 | Esurance | $1,365 |
| 6 | California Casualty | $1,396 |
| 7 | State Farm | $1,465 |
| 8 | Mercury | $1,476 |
| 9 | Safe Auto | $1,549 |
| 10 | Nationwide | $1,553 |
| 11 | Allstate | $1,667 |
| 12 | Progressive | $1,698 |
| 13 | Amica | $1,775 |
| 14 | Home State | $2,134 |
| 15 | GEICO | $2,135 |
| 16 | MetLife | $2,227 |
| 17 | Unitrin | $2,241 |
| 18 | Encompass | $2,324 |
| 19 | 21st Century | $2,421 |
| 20 | Titan | $2,646 |
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Travelers quotes some of the best car insurance rates in Dallas at around $1,052 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the cheapest Dallas, TX auto insurance companies.
As illustrated above, if you buy coverage from Esurance and switched to USAA, you may see a yearly savings of roughly $270. Drivers with California Casualty could save as much as $301 a year, and State Farm policyholders might realize rate reductions of up to $370 a year.
If you want to see how much you could save, click here to begin a quote or click several companies below for low rates.
These policy prices are averages for all types of drivers and the different vehicles they drive and and are not figured with an exact location in Dallas. So the company that fits your situation best may not even be in the top 23 companies shown above. That is why you need to get quotes using your own driver and vehicle profiles.
The car, truck, or SUV that is being insured is one of the biggest factors that determines if you can find the lowest-priced auto insurance in Dallas. Vehicles with lower performance, good safety features, or a low likelihood of having liability claims will cost substantially less to insure than fast, unsafe models.
The next table features car insurance costs for the more affordable automobiles to buy insurance for.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $1,374 |
| Jeep Wrangler Sport 4WD 2-Dr | $1,480 |
| Chevrolet Impala LT | $1,485 |
| Chevrolet Silverado LT Extended Cab 4WD | $1,495 |
| Toyota RAV4 Limited 4WD | $1,485 |
| Ford Escape Limited 4WD | $1,498 |
| Ford F-150 XLT Crew Cab 4WD | $1,513 |
| Dodge Grand Caravan SE | $1,536 |
| Ford Edge Limited AWD | $1,566 |
| Toyota Prius | $1,571 |
| GMC Sierra SLE Crew Cab 4WD | $1,594 |
| Nissan Rogue S AWD | $1,602 |
| Chevrolet Malibu LS | $1,627 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $1,657 |
| Ford Fusion Sport AWD 4-Dr Sedan | $1,702 |
| Ford Explorer Limited AWD | $1,712 |
| Toyota Corolla S | $1,715 |
| Jeep Grand Cherokee Limited 4WD | $1,745 |
| Volkswagen Jetta SEL 4-Dr Sedan | $1,750 |
| Chevrolet Equinox LTZ AWD | $1,745 |
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Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Rate information does not factor in the specific area where the vehicle is garaged which can affect insurance rates considerably.
Looking at the numbers, we can infer that vehicles like the Honda CR-V, Jeep Wrangler, and Chevrolet Impala are going to be a few of the most affordable vehicles to insure for drivers in Dallas.
Price comparison of only insuring for liability
Reducing the cost of car insurance should be important to most drivers, and one good way to find cheaper insurance in Dallas is to only pay for liability coverage. The information below illustrates the comparison of annual premium costs with and without physical damage coverage. The rate quotes are based on no claims or violations, $100 deductibles, single status, and no discounts are applied.
If averaged out across all ages, physical damage coverage costs $2,181 per year more than carrying just liability coverage. That touches on the question if buying full coverage is worth the expense. There is no set rule to drop physical damage insurance, but there is a general guideline. If the annual cost of coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.
For example, let’s assume your vehicle’s replacement value is $10,500 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $9,500 after paying your deductible. If it’s costing you more than $950 a year for comprehensive and collision coverage, then you might consider buying liability only.
There are some situations where eliminating full coverage is not advised. If you haven’t satisfied your loan, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not remove full coverage.
The example below shows how different deductible levels can influence insurance prices when trying to find cheap insurance in Dallas. The costs are based on a single female driver, comprehensive and collision coverage, and no additional discounts are factored in.
The chart above illustrates that a 50-year-old driver could save $302 a year by changing from a $100 deductible up to a $500 deductible, or save $456 by using a $1,000 deductible. Youthful drivers, like the Age 20 chart data, could potentially save as much as $766 annually by choosing larger deductibles on their policy.
If you do make the decision to raise your deductibles, it is a good idea to have additional funds squirreled away to enable you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Get discounts on Dallas insurance
Car insurance companies that offer coverage in Dallas may have rate discounts that may potentially lower prices by 40% or more if you are eligible for them. A list of car insurance companies and some of the premium reductions they offer are outlined below.
- Progressive may offer discounts for online signing, continuous coverage, homeowner, multi-vehicle, multi-policy, and online quote discount.
- AAA offers discounts including good student, multi-car, education and occupation, anti-theft, AAA membership discount, pay-in-full, and good driver.
- Farmers Insurance may include discounts for good student, pay in full, mature driver, bundle discounts, multi-car, homeowner, and early shopping.
- GEICO has discounts for driver training, membership and employees, multi-policy, defensive driver, air bags, good student, and military active duty.
- Esurance offers premium reductions for multi-car, good driver, emergency road assistance, good student, and Pac-12 alumni.
- SAFECO has savings for bundle discounts, teen safety rewards, anti-lock brakes, homeowner, teen safe driver, drive less, and accident prevention training.
- State Farm offers discounts for multiple autos, passive restraint, good student, Drive Safe & Save, defensive driving training, and good driver.
The information below shows the difference between insurance prices with and without discounts being applied to the rates. The costs are based on a female driver, no claims or driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with accident-free, claim-free, multiple vehicle, marriage, vehicle safety, and passive restraint discounts applied. When drivers take advantage of discounts, the average savings per year on car insurance in Dallas is 28% or $459.
If you prefer to have some professional guidance when shopping for the best coverage in Dallas, the insurance agencies listed below are a good start to help you make a decision which policy is best.
To find a Dallas insurance agency nearest to you, click the button at the bottom of the list.
- Earl Gordon – State Farm Insurance Agent
7605 McCallum Blvd – Dallas, TX 75252 – (972) 407-9995 - Jon Essary – State Farm Insurance Agent
1214 W Davis St – Dallas, TX 75208 – (214) 948-6000 - Kristin Marquardt – State Farm Insurance Agent
10455 N Central Expy Ste 105 – Dallas, TX 75231 – (214) 987-2886
View more Dallas, TX insurance agencies
How to find economical insurance in Dallas
Lowering your rates is not difficult, and here are a few money-saving ideas that can help drivers buy low-cost coverage.
- Full coverage is expensive so only insure older vehicles for liability only
- Increase deductibles to save money
- Frequent claims may make car insurance unaffordable
- Maintain a clean driving record
- Do not get into accidents
- Shop around and save
The last suggestion is incredibly critical, as was pointed out in this piece. Prices charged by companies change a lot, so drivers shouldn’t be reluctant to switch companies if a cheaper price is available.
Brand loyalty is great, but is isn’t recommended if that inflexibility results in costing you hundreds of dollars year after year. If you have a few minutes, compare rates and find cheaper car insurance in Dallas in Dallas.