Compare the Cheapest Car Insurance Quotes in Austin, TX

The average cost of car insurance in Austin is $1,218 per year, lower than the annual average in Texas. The cheapest option for typical Austin drivers is Farmers at $798. MoneyGeek analyzed the cheapest by coverage levels and driving history. To help those focused on both quality service and cost, MoneyGeek also ranked the best companies in Austin.

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Last Updated: 5/16/2022
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Farmers offers the cheapest car insurance in Austin at $789 annually for full coverage and $409 for a state minimum policy. State Farm is most affordable for drivers with tickets, costing $865 yearly. USAA may offer the best coverage if you’re from a military family. Overall, GEICO is MoneyGeek’s top pick for coverage because it balances service and affordability.

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The Cheapest and Best Car Insurance in Austin

The Cheapest Car Insurance Companies in Austin

The two companies offering the cheapest car insurance in Austin are:

  • Farmers: $798 per year
  • State Farm: $865 per year

If you come from a military family, USAA is also an affordable option. You can purchase a policy with an average annual premium of $854 per year.

Farmers offers the cheapest car insurance in Austin. Its annual premium is approximately a third of The General’s, whose rate is the most expensive in the city at $2,512 per year. The rates for both insurers are for full coverage car insurance, which includes comprehensive and collision coverage. Your premium may change, however, depending on your preferred liability limits and unique driver profile.

Cheapest Car Insurance in Austin
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    Farmers
    $798
  • 2.
    USAA
    $854
  • 3.
    State Farm
    $865
  • 4.
    GEICO
    $910
  • 5.
    AAA
    $1,010
  • 6.
    Esurance
    $1,055
  • 7.
    Allstate
    $1,130
  • 8.
    Nationwide
    $1,166
  • 9.
    Mercury
    $1,303
  • 10.
    MetLife
    $1,432
  • 11.
    The General
    $2,512

MoneyGeek’s analysis used rates for a 40-year-old male driver carrying a full coverage policy as defined in our methodology.

Full coverage car insurance is more expensive than minimum coverage because it includes two types of coverage besides liability insurance.

  • Collision Insurance: Pays for your car’s damages if you hit another vehicle or a stationary object.
  • Comprehensive Insurance: Protects against expenses to your car from non-collision damage.

State minimum insurance may be a better option for an older vehicle, especially if a full coverage car insurance policy costs more than your car is worth.

Compare Car Insurance Rates in Austin

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

Cheapest Car Insurance in Austin for Minimum Coverage

Policies with minimum coverage are your cheapest insurance option in Austin. The most affordable insurers for state minimum policies are:

  • Farmers: $409 per year
  • State Farm: $469 per year

If you are on active duty or a veteran, USAA is also an affordable option. They offer similar policies for $413 annually but are only available to military members and their families.

Farmers’ policy is $805 lower than The General’s, whose rate is $1,214 annually. Minimum coverage policies have the cheapest rates but the lowest coverage limits and don't include collision and comprehensive insurance, so you risk not being fully covered. Use the table to see how rates change with higher liability limits.

Cheapest Minimum Liability Car Insurance in Austin
State Minimum

A policy meeting Texas’ minimum requirements only includes liability coverage. While this is the cheapest insurance option in Austin, it provides the least protection. You may end up paying more out of pocket in an accident. For example, if you’re at fault and the other driver’s repairs cost $35,000, your minimum coverage policy will only cover $25,000 of the damage. You’ll have to pay the remaining $10,000 out of pocket.

Texas Minimum Liability Requirements

  • Item
    Description
  • Bodily Injury and Property Damage
    $30,000 per person, $60,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.

Cheapest Car Insurance in Austin if You Have Driving Violations

Your car insurance premium is affected by your driving record. Having violations such as speeding tickets, at-fault accidents and DUIs results in higher coverage costs.

The carriers with the cheapest car insurance policies in Austin for drivers with violations are:

  • Cheapest after a ticket: State Farm, $865 per year
  • Cheapest after an at-fault accident: State Farm, $1,049 per year
  • Cheapest after a DUI: Esurance, $1,055 per year

The best way to lower your insurance rates if you have violations is to improve your driving record over time. In the meantime, it’s best to shop around for policies to find which companies offer more affordable rates after a ticket or an accident.

Cheapest Car Insurance in Austin With a Violation
Speeding Ticket

Average Cost of Car Insurance in Austin

Austin$1,218
Texas$1,316
U.S.$1,424

The average car insurance rate in Austin is $1,218 annually, which is slightly lower than both the state and national average cost. Drivers in Austin pay 7.5% less than the average annual cost of car insurance in Texas, which is $1,316. Meanwhile, Austin drivers pay 14.5% less than the $1,424 annual premium in the United States.

Personalized Quotes to Get You the Cheapest Car Insurance in Austin

Car insurance companies in Austin consider various factors before finalizing their quotes. They evaluate the age, gender, ZIP code, driving history, driving record and coverage level, as well as the make and model of the vehicle. Getting a personalized quote regularly can give you an idea of what discounts and rebates you qualify for based on your specific circumstances. Comparing quotes from multiple auto insurance providers can also help you find the best car insurance in Austin.

Compare Car Insurance Rates in Austin

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

The Best Car Insurance Companies in Austin

MoneyGeek considered the quality of service and affordability to determine the best car insurance companies in Austin. Based on our findings, the best auto insurers in the city for most drivers are:

  • GEICO: MoneyGeek score of 85 out of 100
  • State Farm: MoneyGeek score of 85 out of 100

USAA scored highest in MoneyGeek’s internal rating system. Their policies, however, are not widely available. Only veterans, military members and their families can purchase coverage from USAA.

MoneyGeek used user satisfaction, affordability and financial stability to calculate the final scores. We also used data from J.D. Power and other independent outfits.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
GEICO
Score:85

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

3
State Farm
Score:85

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

4
Auto Club of Southern California Insurance Group
Score:85

5/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

5
Allstate
Score:80

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

6
Progressive
Score:80

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

7
Nationwide
Score:80

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

8
Farmers
Score:77.5

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

9
Liberty Mutual
Score:72.5

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

Average Cost of Car Insurance by Postal Code

The ZIP code of Texas drivers also affects the cost of car insurance in Austin because of many factors, such as regional rates of car theft, number of accidents and drivers in the area. The average car insurance premium in Austin is between $1,162 and $1,271. The most affordable neighborhood for auto coverage in the city is 78704. Drivers in this area pay $109 less per year than those in the most expensive ZIP code — 78741.

  • Zip Code
    State Minimumper year
  • 78704
    $1,162
  • 78758
    $1,188
  • 78745
    $1,194
  • 78748
    $1,203
  • 78753
    $1,252
  • 78744
    $1,258
  • 78741
    $1,271

Factors That Impact Insurance Costs in Austin

In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Austin. How Austin ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities148th/300
handcuffs2 icon
Most Car Thefts66th/300
uninsured icon
Most Uninsured Motorists by State16th/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall172nd/300
umbrella icon
Most Rainy Days185th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Austin are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.