Cheapest and Best Car Insurance Companies in Allen, TX

Your personal insurance needs and driving record will impact the quotes you receive. However, MoneyGeek found that State Farm offers the cheapest minimum coverage policies in Allen. It’s also the cheapest option for full coverage, drivers with speeding tickets or at-fault accidents and military members. Nationwide is the cheapest insurer for teens. For drivers looking to balance cost with overall experience, MoneyGeek recommends Texas Farm Bureau. Chubb offers the best customer service in all of Allen, Texas.

The cheapest car insurance companies in Allen for a minimum coverage policy are:

• State Farm: $363 per year
• Allstate: $368 per year

The most expensive minimum coverage provider based on MoneyGeek’s comparison of rates in Allen is Dairyland, with an annual premium of $1,051.

Comparing rates across the state, State Farm policies are also the cheapest in Texas for minimum coverage car insurance. A minimum coverage policy in Texas costs around $300 per year, which is less than the average price of policies in Allen.

A minimum coverage policy in Texas covers bodily injury liability per person and accident, as well as property damage liability per accident. The following coverage limits are required in Texas:

• $30,000 bodily injury liability per person
• $60,000 bodily injury liability per accident
• $25,000 property damage liability per accident

A minimum coverage policy protects drivers from paying for at-fault damages to others out of pocket. For example, if you carry $30,000 in bodily injury liability per person and $60,000 per accident, your insurance provider handles medical costs up to $30,000 per person, maxing out at $60,000 total (regardless of how many people are injured). You’ll pay any costs beyond your limits out of pocket.

The cheapest car insurance companies for a full coverage policy in Allen are:

• State Farm: $707 per year
• Texas Farm Bureau: $769 per year

The most expensive company is Dairyland, which costs $2,010 per year.

MoneyGeek found that State Farm and Texas Farm Bureau are also the cheapest auto insurance providers in Texas for a full coverage policy. A full coverage policy in Texas from State Farm costs $711 per year — a slight difference from policies in Allen. Texas Farm Bureau offers slightly cheaper policies at $760 per year.

A full coverage policy adds comprehensive and collision insurance on top of your liability coverage.

• Collision insurance covers any damage caused by collisions, regardless of who is at fault.
• Comprehensive insurance covers all other types of damage outside of collisions, such as natural disasters, animal attacks, falling trees, theft and vandalism.

Full coverage is often a better choice for drivers with newer vehicles. Older vehicles tend to have lower value and may not be worth the extra investment for full coverage.

The cheapest full coverage car insurance companies in Allen for those with driving violations are:

• Speeding ticket: State Farm ($707 per year)
• At-fault accident: State Farm ($885 per year)
• DUI: Mercury ($1,279 per year)

Chubb has the most expensive policies in Allen after a DUI at $2,693 per year. Dairyland offers policies at $2,459 per year for drivers with a speeding ticket. Meanwhile, Foremost costs $3,304 per year if you have an at-fault accident on your record.

Having violations on your driving record can significantly increase your insurance premiums. The cheapest rates for drivers with offenses will likely be much more expensive than rates for safe drivers.

Allen drivers should still compare different providers to find the cheapest car insurance with a bad driving record. The more violations a driver has, the higher their insurance premiums tend to be.

A full coverage policy in Allen costs $1,158 per year. After a DUI, rates increase by 47% — resulting in premium costs of $1,697 per year. When issued a speeding ticket, premiums increase by 20% — resulting in a premium of $1,392 per year.

Premium rates for drivers with a DUI are $305 higher than for drivers with a speeding ticket.

The cheapest car insurance for teens on a family policy in Allen are:

• Nationwide: $1,608 for female teens; $1,833 for male teens
• State Farm: $1,816 for female teens; $2,197 for male teens

Allstate offers the most expensive policies. Female teens pay around $6,022 per year on a family policy, whereas male teens pay about $7,087 per year. Male teens are considered riskier to insure, so their premiums tend to be higher. Nationwide charges male teens an additional $225 per year, while State Farm charges male teens an additional $381 per year.

Teen drivers are usually insured under their parents’ policy, as drivers under the age of 18 cannot legally purchase auto insurance themselves without a parent or guardian as a co-signer. Additionally, the cost savings between these two options are usually significant.

In Allen, instead of paying about $7,077 per year on an individual policy, male teens can save around $3,267 — or 46% — by opting for a family policy.

To ensure you get the most savings, take the time to compare the cheapest car insurance companies for teens.

The cheapest car insurance companies for active or veteran military members and their families in Allen are:

• State Farm: $707 per year
• Texas Farm Bureau: $769 per year

USAA is another excellent car insurance company and is consistently one of the best options for military members. Policies from USAA cost $839 per year.

For military members looking for a cheaper auto insurance policy that meets Texas’ minimum requirements, the two cheapest companies in Allen are State Farm and Allstate. State Farm offers minimum coverage for $363 per year, while Allstate offers it for $368 per year.

Searching for auto insurance is time-consuming. Obtaining a quote from a single provider can take 15 minutes — at a minimum.

To help you with the process, MoneyGeek’s insurance calculator compiles rates and estimates your average premium based on information such as age, vehicle type, coverage level and driving record.

Every driver will have their own unique car insurance needs depending on how much they value cost, service coverage and other factors.

Based on MoneyGeek’s analysis, the following companies are the best car insurance choices for the average driver in Allen, Texas:

• Best overall: Texas Farm Bureau (MoneyGeek score of 79 out of 100)
• Best for service: Chubb (MoneyGeek score of 76 out of 100)
• Best cheap: Texas Farm Bureau: (MoneyGeek score of 81 out of 100)

MoneyGeek’s unique score can change based on how factors are weighted across categories.

USAA Auto Insurance is also a great choice for military members and their families in Allen, offering tailored coverage and discounts for active and former military members. It earned a MoneyGeek score of 81 out of 100.

MoneyGeek found that the best car insurance providers in Allen are:

• Texas Farm Bureau: MoneyGeek score of 79 out of 100 ($769 per year)
• State Farm: MoneyGeek score of 76 out of 100 ($707 per year)

Texas Farm Bureau earned near-perfect scores for affordability and satisfaction. Companies that can consistently balance these factors tend to offer competitive, high-quality service. USAA scored 81 out of 100 in our analysis, but it’s only available to veterans and active military members.

If we remove cost from our analysis, the overall best companies in Allen for customer service are:

• Chubb: MoneyGeek score 76 out of 100 ($1,375 per year)
• Foremost: MoneyGeek score 67 out of 100 ($1,452 per year)

Chubb earned above-average customer satisfaction and claims management scores. Foremost offers its policyholders a wide variety of valuable coverages and receives a slightly higher satisfaction score than Chubb. Chubb’s average annual premium is in the mid-range of affordability — but it’s nearly twice as expensive as Texas Farm Bureau, which scored similarly for customer satisfaction.

Based on an analysis of affordability and customer service quality, the following minimum coverage policies are the best in Allen:

• Texas Farm Bureau: MoneyGeek score 81 out of 100 ($373 per year)
• State Farm: MoneyGeek score 78 out of 100 ($363 per year)

Minimum coverage policies in Allen are the cheapest insurance options you can find. However, while minimum coverage will protect you from medical expenses and property damages done to other drivers and their vehicles, it will not cover your own vehicle and medical expenses, potentially leaving you with large out-of-pocket costs.

For Allen drivers, the average annual cost of a full coverage car insurance policy is $1,158 as of October 2022. This rate includes $100,000 in bodily injury liability per person, $300,000 in bodily injury liability per accident and $100,000 in property damage liability per accident.

Compared to the average cost of car insurance in Texas, which is $1,201 annually, policies in Allen are $43 cheaper per year. At the national level, policies in Allen are $64 cheaper per year than average.