One of the more important things that are looked at to help calculate the annual cost of car insurance is the neighborhood you call home. Areas with more people or more claims tend to pay more, whereas more rural areas have the benefit of cheaper car insurance.
The illustration below ranks the highest-priced places in Texas for good drivers to buy car insurance in. Dallas comes in at #4 having an annual price of $1,893 for the average policy, which is around $158 monthly.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | McAllen | $2,016 |
| 2 | Brownsville | $1,927 |
| 3 | Laredo | $1,907 |
| 4 | Dallas | $1,893 |
| 5 | Houston | $1,891 |
| 6 | Amarillo | $1,858 |
| 7 | Pasadena | $1,812 |
| 8 | Garland | $1,796 |
| 9 | Grand Prairie | $1,793 |
| 10 | Beaumont | $1,772 |
| 11 | Mesquite | $1,771 |
| 12 | San Antonio | $1,739 |
| 13 | Irving | $1,736 |
| 14 | Lubbock | $1,682 |
| 15 | Austin | $1,659 |
| 16 | Arlington | $1,658 |
| 17 | Corpus Christi | $1,636 |
| 18 | Fort Worth | $1,621 |
| 19 | McKinney | $1,609 |
| 20 | Carrollton | $1,598 |
| 21 | El Paso | $1,584 |
| 22 | Plano | $1,560 |
| 23 | Killeen | $1,533 |
| 24 | Waco | $1,522 |
| 25 | Abilene | $1,515 |
| Find Cheaper Insurance Go | ||
Premium costs are estimated as the garaging address in Dallas can modify price quotes noticeably.
The car, truck, or SUV that is being insured is one of the primary factors when consumers are trying to find the best cheap car insurance for good drivers. Vehicles with higher performance characteristics, poor crash test ratings, or a history of substantial liability claims will cost more to insure than safer, lower-performance models. The data below illustrates auto insurance costs for the cheapest automobiles to insure.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Ford Explorer Eddie Bauer 2WD | $1,357 |
| Ford F-150 XL Crew Cab 4WD | $1,384 |
| Ford Escape Limited 2WD | $1,417 |
| Jeep Grand Cherokee Laredo 4WD | $1,432 |
| Honda CR-V LX 4WD | $1,482 |
| Hyundai Elantra SE Touring Station Wagon | $1,502 |
| Honda Accord EX-L 4-Dr Sedan | $1,507 |
| Toyota Tacoma X-Runner 2WD | $1,507 |
| Toyota Prius | $1,531 |
| Ford Fusion Sport 4-Dr Sedan | $1,534 |
| Volkswagen Jetta SEL 4-Dr Sedan | $1,541 |
| Nissan Rogue S 2WD | $1,534 |
| GMC Sierra SLT Extended Cab 2WD | $1,544 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $1,554 |
| Dodge Grand Caravan SE | $1,562 |
| Honda Odyssey EX W/Rear Entertainment | $1,606 |
| Ford Focus SE 2-Dr Coupe | $1,609 |
| Kia Optima EX | $1,636 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $1,669 |
| Chevrolet Malibu LT | $1,675 |
| Chevrolet Impala LS | $1,716 |
| Ford Edge SEL AWD | $1,723 |
| Toyota Corolla LE | $1,724 |
| Find Cheaper Rates Go | |
Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Rate information does not factor in vehicle garaging location which can alter coverage prices substantially.
Looking at the rates, we can conclude that vehicles like the Ford Explorer, Ford F-150, Ford Escape, and Jeep Grand Cherokee will be the more affordable vehicles to insure for safe drivers.
Finding good, budget insurance is not most people’s favorite thing to do, and finding out which insurers offer the cheapest auto insurance rates for good drivers may require even more perseverance. Every car insurance company has a unique formula for filing rates in each state, so to begin we’ll rank the overall cheapest auto insurance companies in Texas.
Cheapest Insurance Rates for Good Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,084 |
| 3 | Texas Farm Bureau | $1,235 |
| 4 | Germania Mutual | $1,282 |
| 5 | Esurance | $1,365 |
| 6 | California Casualty | $1,382 |
| 7 | State Farm | $1,450 |
| 8 | Mercury | $1,476 |
| 9 | Nationwide | $1,600 |
| 10 | Safe Auto | $1,613 |
| 11 | Allstate | $1,701 |
| 12 | Amica | $1,705 |
| 13 | Progressive | $1,715 |
| 14 | Home State | $2,092 |
| 15 | GEICO | $2,156 |
| 16 | MetLife | $2,183 |
| 17 | Unitrin | $2,241 |
| 18 | Encompass | $2,301 |
| 19 | 21st Century | $2,396 |
| 20 | Titan | $2,646 |
| Find Your Rate Go | ||
Travelers has some of the lowest car insurance rates in Dallas at around $1,052 a year. This is $852 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also some of the cheapest Dallas, TX insurance companies.
As illustrated above, if you currently have coverage with Esurance and switched to USAA, you could earn yearly savings of roughly $281. Texas drivers with California Casualty might save as much as $298 a year, and State Farm insureds might see rate reductions of $366 a year.
These policy prices are averaged for all drivers and vehicles in Texas and do not take into consideration a specific zip code for good drivers. So the auto insurance company that can offer the best rates for your situation may not even be in the top 23 companies shown above. That affirms the importance of why you need to compare rates from as many companies as possible using your own individual information.
Price comparison of only insuring for liability
Paying a lower price for auto insurance is probably important to the majority of vehicle owners, and an easy way to buy cheap insurance for good drivers is to only pay for liability coverage. The example below shows the difference between insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Texas. The premiums assume no violations or accidents, $250 deductibles, drivers are not married, and no discounts are applied.
If we average the cost for all age groups, comp and collision coverage costs $2,671 per year more than carrying just liability coverage. That raises the question if you should buy full coverage at all. There is no clear-cut formula for eliminating physical damage insurance, but there is a general guideline you can use. If the annual cost of your full coverage insurance is 10% or more of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.
For example, let’s say your vehicle’s replacement value is $8,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after paying your policy deductible. If you are paying more than $700 annually for comprehensive and collision coverage, then it might be time to buy liability only.
There are some scenarios where dropping full coverage is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not remove full coverage.
Get discount Dallas insurance
Insurers that offer cheap quotes for good drivers may also provide price discounts that can lower rates by 35% or more if you qualify. Popular auto insurance companies and a summarized list of policyholder discounts can be found below.
- Farm Bureau includes discounts for 55 and retired, driver training, good student, safe driver, multi-vehicle, youthful driver, and renewal discount.
- Liberty Mutual has discounts for teen driver discount, exclusive group savings, multi-car, new vehicle discount, new graduate, new move discount, and newly retired.
- State Farm offers discounts for Drive Safe & Save, multiple policy, good driver, anti-theft, student away at school, safe vehicle, and defensive driving training.
- Auto-Owners Insurance offers discounts including paperless, air bags, company car, good student, teen driver, safe vehicle, and student away at school.
- GEICO policyholders can earn discounts including military active duty, multi-policy, good student, air bags, defensive driver, emergency military deployment, and daytime running lights.
- SAFECO has savings for multi-car, anti-theft, safe driver, teen safety rewards, drive less, and accident prevention training.
The information below visualizes the comparison of insurance premiums with and without discounts applied to the policy rates. The premiums assume a male driver, no accidents or driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with passive restraint, defensive driving course, accident-free, safe-driver, homeowner, and anti-theft discounts applied. When these discounts are applied to the policy premium, the amount saved on auto insurance for good drivers is 28% or $496.
How to find more affordable auto insurance for good drivers
It is possible to find better rates, and here are a few money-saving ideas that can help you locate low-cost coverage.
- Improve your credit score
- Just one traffic violation will increase your rates
- Maintain a safe distance and avoid accidents
- Increase your deductibles
- Don’t waste money on full coverage for older vehicles
- Safe vehicles generally have lower rates
- Comparison shop at least every other year
That last tip is especially vital, as we stressed in this piece. Prices charged by car insurance companies can change significantly in a year, so don’t be tentative to switch to a new company if a more affordable rate is found.
Loyalty to a specific company is fine, but it’s not a good idea if that loyalty ends up costing thousands of dollars over several years. It only take a few minutes to shop around and find cheaper car insurance for good drivers in Dallas.
If you have questions and prefer to get some professional input when trying to find lower insurance rates for good drivers, the agencies below are a good start to provide answers to your questions and help you determine which car insurance company is the best fit. To locate a Dallas car insurance agency close to you, click the button at the bottom of the list or click here to get price quotes now.
- Eves Insurance Agency
1318 Pioneer Dr – Dallas, TX 75224 – (214) 941-1300 - Linda Horton State Farm Insurance Agency
8150 N Central Expy #735 – Dallas, TX 75206 – (214) 363-4563 - Kristin Marquardt – State Farm Insurance Agent
10455 N Central Expy Ste 105 – Dallas, TX 75231 – (214) 987-2886 - Nationwide Insurance: Paula L Ratliff Agency Inc
11661 Preston Rd #146 – Dallas, TX 75230 – (214) 890-0760 - JME Insurance
5495 Belt Line Rd #333 – Dallas, TX 75254 – (972) 245-0266