Cheapest car insurance companies in Dallas
According to a study by Insurance.com, the cheapest car insurance companies in Dallas for 2023 are Texas Farm Bureau and Nationwide.
In Dallas, Texas Farm Bureau provides the cheapest auto insurance rates to drivers at an average annual premium of $1,644 annually.
In Dallas, what you pay for car insurance depends on factors such as your location, driving history, coverage level, and the insurance carrier. Take time to compare price quotes from at least three insurers to get the best coverage at an affordable rate. The table below shows the car insurance companies with cheap insurance rates.
| Companies | Average annual rates |
|---|---|
| Texas Farm Bureau | $1,644 |
| Nationwide | $1,690 |
| Geico | $1,863 |
| Redpoint County Mutual | $1,948 |
| USAA | $2,014 |
| State Farm | $2,290 |
| Auto Club Enterprises (AAA) | $2,397 |
| Progressive | $3,496 |
| Allstate | $3,596 |
Cheapest car insurance cost in Dallas by Age Group
Redpoint County Mutual offers the cheapest full coverage car insurance for teenage drivers in Dallas, with an average annual cost of $1,948 per year. Insurance companies deem teenagers as "high-risk" drivers due to their inexperience and statistically higher accident rates. This elevated risk profile translates to significantly higher car insurance costs for young drivers compared to their older counterparts.
However, teen drivers can keep their insurance rates low by taking advantage of the good student discount or by staying on their parent's car insurance policy for as long as possible.
Redpoint County Mutual provides the cheapest car insurance coverage for young drivers in Dallas, with an annual premium of $1,948 on average.
Drivers in Dallas stepping into their 30s can expect a substantial drop in car insurance costs compared to their younger counterparts. Texas Farm Bureau has the cheapest car insurance rates for a full coverage policy for adult drivers, averaging $1,627 a year.
Texas Farm Bureau is the cheapest option for senior drivers in Dallas, with an average premium of $1,378 a year, significantly lower than most competitors, based on Insurance.com's in-depth data analysis.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Farmers | N/A | $6,233 | $3,889 | N/A |
| Redpoint County Mutual | $1,948 | $1,948 | $1,948 | $1,948 |
| Texas Farm Bureau | $3,145 | $2,268 | $1,627 | $1,378 |
| USAA | $4,376 | $2,889 | $2,034 | $2,083 |
| Geico | $4,565 | $2,554 | $1,849 | $1,757 |
| State Farm | $6,144 | $3,668 | $2,289 | $2,163 |
| Nationwide | $6,472 | $3,080 | $1,680 | $1,672 |
| Allstate | $7,597 | $5,259 | $3,624 | $3,510 |
| Auto Club Enterprises (AAA) | $7,831 | $4,387 | $2,446 | $2,460 |
| Progressive | $8,466 | $5,634 | $3,531 | $3,470 |
Cheapest car insurance companies in Dallas by driver profile
Car insurance rates in Dallas vary by driver profile. Drivers with a history of accidents or tickets on their record will likely pay more for car insurance than those without any driving violations.
When it comes to finding the cheapest car insurance rates in Dallas, make sure you compare insurance quotes from various insurers. By comparing rates from multiple providers, you can get the coverage you need while saving money.
Based on data analysis by Insurance.com's experts, these are the cheapest car insurance companies for Dallas drivers based on driver profile.
- Cheapest for a driver with poor credit: Nationwide
- Cheapest for a driver with a speeding ticket: State Farm
- Cheapest for accident: State Farm
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Nationwide
If you're a Dallas driver with poor credit, Nationwide is the cheapest car insurance company for you, based on Insurance.com's in-depth data analysis. It offers a full-coverage car insurance policy at an average cost of $2,197 annually.
Drivers with poor or bad credit scores in Dallas can consider the following car insurance companies to get the affordable car insurance coverage.
| Company | Average annual rates |
|---|---|
| Nationwide | $2,197 |
| State Farm | $3,136 |
| Farmers | $3,329 |
| USAA | $3,382 |
| Progressive | $3,972 |
| Geico | $4,493 |
| Allstate | $6,641 |
Cheapest for drivers with a speeding ticket: State Farm
State Farm offers the cheapest auto insurance rates for drivers with a speeding ticket in Dallas. It provides full coverage car insurance for drivers aged 30 at about $1,504 per year.
Some companies are known for providing the cheapest car insurance rates, but finding the most affordable policy depends highly on individual factors.
Comparing quotes from various car insurance companies can prove beneficial for getting the best deal. With this, you can get the coverage you need at an affordable price.
| Company | Average annual premium |
|---|---|
| State Farm | $1,504 |
| Nationwide | $1,909 |
| USAA | $2,143 |
| Geico | $2,588 |
| Progressive | $3,183 |
| Farmers | $4,037 |
| Allstate | $4,161 |
Cheapest auto insurance after an at-fault accident: State Farm
If you've had an accident, State Farm might be your best bet for affordable auto insurance.
For Dallas drivers with an at-fault accident, State Farm offers the cheapest average annual rate at $1,892. It's a great option if you're looking for affordable coverage that won't break the bank.
After an accident, your insurance rates are likely to go up. Finding a provider with competitive rates can help you minimize the financial impact.
| Company | Average annual rates |
|---|---|
| State Farm | $1,892 |
| Nationwide | $2,503 |
| Geico | $2,894 |
| USAA | $3,461 |
| Progressive | $4,063 |
| Farmers | $5,868 |
| Allstate | $6,984 |
Cheapest auto insurance after a DUI: State Farm
State Farm is the carrier that offers cheap auto insurance rates in Dallas for drivers after a DUI. Its average annual rate for full coverage is $2,760.
Following a DUI conviction, it's likely that your auto insurance premiums will increase. To get affordable premiums, compare car insurance quotes from various providers. Comparison shopping can help you find the best possible offer.
| Company | Average annual rates |
|---|---|
| State Farm | $2,760 |
| USAA | $3,262 |
| Geico | $3,305 |
| Progressive | $3,416 |
| Nationwide | $3,482 |
| Farmers | $3,487 |
| Allstate | $8,187 |
Average car insurance cost in Dallas
In Dallas, the annual cost of car insurance for the coverage level of 100/300/100 is $2,278 or around $190 per month. However, the average yearly rate for state minimum coverage in Dallas is $673.
Choosing full coverage insurance may mean a higher policy cost compared to the state minimum, but it offers better protection. It provides liability coverage as well as
| Average annual Rates | State minimum average |
|---|---|
| $2,278 | $673 |
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
