Life would sure be easier if we could tell you the one Texas auto insurance company that has the most affordable insurance in Texas. Unfortunately, it’s not that simple as there are many unknown elements such as the level of liability coverage you want, if you are currently insured, what your desired deductibles are, and if you own your own home, that all influence how much you pay for auto insurance. The information below will cover these topics and will give you a good start in finding the cheapest car insurance in Dallas.
The make and model of vehicle to be insured is probably the most important factor when trying to find the best cheap coverage for drivers with accidents. Vehicles with limited speed and performance, an excellent safety record, or a positive history of liability claims will cost substantially less to insure than fast, unsafe models.
The list below showcases coverage rates for a number of the most economical automobiles to buy insurance for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra SE Touring Station Wagon | $3,113 |
| Honda CR-V EX-L 2WD | $3,143 |
| Ford Escape XLT 2WD | $3,215 |
| Volkswagen Jetta 2.0T Station Wagon | $3,325 |
| Toyota Prius | $3,372 |
| Ford Edge SE AWD | $3,402 |
| Honda Odyssey EX | $3,412 |
| Toyota RAV4 Limited 2WD | $3,440 |
| Ford Explorer XLT AWD | $3,489 |
| Jeep Wrangler Sahara 4WD 2-Dr | $3,494 |
| Toyota Camry SE | $3,617 |
| Ford F-150 XLT Super Cab 4WD | $3,657 |
| Dodge Grand Caravan Hero | $3,679 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $3,719 |
| Chevrolet Malibu LT | $3,724 |
| Honda Civic SI 4-Dr Sedan | $3,794 |
| Jeep Grand Cherokee Laredo 4WD | $3,811 |
| Ford Fusion Sport AWD 4-Dr Sedan | $3,866 |
| Toyota Corolla LE | $3,869 |
| GMC Sierra 2500HD SLE Extended Cab 4WD | $3,908 |
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Data assumes single female driver age 30, no speeding tickets, two at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Price information does not factor in your specific Dallas, TX location which can influence insurance rates noticeably.
Looking at the numbers, you can see that cars like the Hyundai Elantra, Honda CR-V, and Ford Escape should be a few of the cheaper vehicles to insure for drivers with at-fault accidents. Car insurance rates will be more expensive because there is more claim exposure for drivers with accidents, but in general those specific models will tend to have the best rates that you are likely to find.
For drivers with at-fault accidents, one of the largest components that determine the amount you pay for auto insurance is where you keep your vehicle. Cities with larger populations tend to have more expensive auto insurance rates, whereas more rural areas have the benefit of cheaper auto insurance prices.
The next table rates the most expensive cities in Texas for drivers with accidents to purchase car insurance in. Dallas ranks #4 with an annual cost of $1,855 for the average insurance policy, which is approximately $155 per month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | McAllen | $1,936 |
| 2 | Houston | $1,891 |
| 3 | Brownsville | $1,870 |
| 4 | Dallas | $1,855 |
| 5 | Laredo | $1,851 |
| 6 | Garland | $1,850 |
| 7 | Pasadena | $1,812 |
| 8 | Grand Prairie | $1,811 |
| 9 | Amarillo | $1,786 |
| 10 | Mesquite | $1,753 |
| 11 | Lubbock | $1,733 |
| 12 | San Antonio | $1,722 |
| 13 | Beaumont | $1,720 |
| 14 | Irving | $1,719 |
| 15 | Arlington | $1,709 |
| 16 | Fort Worth | $1,653 |
| 17 | Carrollton | $1,647 |
| 18 | Austin | $1,627 |
| 19 | McKinney | $1,625 |
| 20 | El Paso | $1,616 |
| 21 | Plano | $1,576 |
| 22 | Corpus Christi | $1,572 |
| 23 | Waco | $1,537 |
| 24 | Killeen | $1,518 |
| 25 | Abilene | $1,515 |
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Prices are approximated as specific location information can revise prices greatly.
Figuring out which company quotes the cheapest auto insurance rates for drivers with accidents requires a tad more effort in order to find the lowest price quote.
Each insurer uses a slightly different approach for setting rates, so let’s take a look at the auto insurance companies that tend to have lower prices in Dallas. It’s important to understand that Dallas, TX auto insurance rates are impacted by many things that may substantially change your annual premium. Simply having a birthday, having a teenage driver, or getting into an accident may prompt premium changes that may make certain companies more affordable than the competition.
Best Auto Insurance Prices for Accident Prone Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,010 |
| 2 | USAA | $1,117 |
| 3 | Texas Farm Bureau | $1,199 |
| 4 | Germania Mutual | $1,294 |
| 5 | Esurance | $1,379 |
| 6 | California Casualty | $1,382 |
| 7 | Mercury | $1,476 |
| 8 | State Farm | $1,510 |
| 9 | Nationwide | $1,553 |
| 10 | Safe Auto | $1,597 |
| 11 | Allstate | $1,667 |
| 12 | Amica | $1,705 |
| 13 | Progressive | $1,715 |
| 14 | GEICO | $2,093 |
| 15 | Home State | $2,155 |
| 16 | MetLife | $2,227 |
| 17 | Unitrin | $2,241 |
| 18 | Encompass | $2,255 |
| 19 | 21st Century | $2,396 |
| 20 | Titan | $2,568 |
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Travelers normally has some of the cheapest car insurance rates in Dallas at around $1,010 per year. This is $894 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also are some of the best Dallas, TX auto insurance companies.
In the above rates, if you are currently insured with Texas Farm Bureau and switched to Travelers, you might see annual savings of around $189. Insureds with Germania Mutual could save as much as $284 a year, and Esurance policyholders might cut rates by $369 a year.
To compare your rates to other Texas insurance companies, click here to get a free quote or visit any of the low-priced companies below.
These estimates are averaged for all types of drivers and the different vehicles they drive and and are not figured with a specific location for drivers with accidents. So the car insurance company that is best suited for you may not even be in the top 23 companies in the list above. That emphasizes why you need to get quotes using your own individual information.
The example below shows how different deductible levels can raise or lower insurance prices when trying to find cheap insurance for drivers with accidents. The costs are based on a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
In the chart above, a 40-year-old driver could save $264 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $402 by selecting a $1,000 deductible. Young drivers, like the Age 20 category, could lower their rates as much as $884 annually just by choosing higher deductibles when buying full coverage.
If you make the decision to raise deductibles, it will be required to have enough funds in savings to allow you to pay the extra out-of-pocket expense that is associated with using high deductibles.
Difference between liability only and full coverage rates
Finding the cheapest auto insurance is probably important to the majority of vehicle owners, and a great way to find cheap insurance for drivers with accidents is to not pay for full coverage. The diagram below shows the comparison of auto insurance costs when comparing full coverage to liability only. The price estimates are based on no claims or driving violations, $250 deductibles, drivers are not married, and no discounts are factored in.
As an average for all age groups, physical damage insurance costs $2,210 per year more than insuring for liability only. At some point, every insured wonders if paying for full coverage is worth it. There isn’t a steadfast formula that is best for determining when to drop physical damage coverage, but there is a general guideline. If the annual cost of having full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.
Compare quotes and save
Dallas, TX auto insurance rates are calculated based on many things which can significantly increase or decrease the cost of your policy. Simply getting older, buying a new vehicle, or having an at-fault accident can trigger price changes resulting in some companies being affordable when they were higher priced.
And not only may your rating factors change, but companies change premium rates multiple times each year in order to protect their financial rating. Larger than normal claims may result in high rates, while lower claim levels may cause more affordable Dallas car insurance rates.
To illustrate this example, the data below shows which companies have the cheapest car insurance in Dallas, TX for a 40-year-old male driver with no violations or accidents, and good financial standing. Based on his current risk profile, Travelers has the most affordable car insurance rates in Dallas at $1,299 per year. This is $605 less than the average price paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty also make the list of the cheapest Dallas, TX auto insurance companies.
In this example, we will give the driver from above a chargeable claim, a lower credit score, and a stop sign violation. Because each company has a proprietary method to determine rates, comparing insurance quotes could result in a new list of the cheapest Dallas car insurance companies as shown below.
State Farm now has the cheapest rate in Dallas, TX with Mercury, USAA, Safe Auto, and Nationwide now rounding out the top five. This example illustrates why it is crucial to take the time to shop around to get the best car insurance rates for drivers with accidents.
Insurance prices consist of many factors and can change substantially, so the cheapest rate when you last compared rates may now not even be in the top five.
The agents below can probably help you decide which policy fits your needs best, since lots of drivers aren’t clear which coverage they need and would like to get help from a professional when shopping for the best coverage for drivers with at-fault accidents. It can be difficult to find the cheapest rates, so getting advice from a licensed agent can add comfort knowing your coverage gives you sufficient protection if you have a claim.
To locate an agency near you, click the button at the bottom or click here to compare prices now.
- Carlos Luevano – State Farm Insurance Agent
4444 W Illinois Ave #304 – Dallas, TX 75211 – (214) 337-8888 - Linda Horton State Farm Insurance Agency
8150 N Central Expy #735 – Dallas, TX 75206 – (214) 363-4563 - CJ Lingberg Insurance Agency
11884 Greenville Ave a101 – Dallas, TX 75243 – (972) 479-9911