Cheapest and Best Car Insurance in Carrollton, TX (June 2024)

In Carrollton, Texas, Texas Farm Bureau offers the most cost-effective insurance for minimum and full coverage. Nationwide has the lowest rates for families with teens. Chubb stands out for its superior customer service, also claiming the title for best overall. The best policy for you depends on your preferences and coverage needs.

MoneyGeek found the cheapest car insurance options to help you save on your premiums:

• Texas Farm Bureau: $477 per year
• State Farm: $480 per year

Dairyland, on the other hand, has the most expensive minimum coverage policy in Carrollton, where customers pay $2,328 annually. This stark contrast, a substantial $1,851 difference, underscores the importance of comparing car insurance rates to ensure you're getting the best deal possible. Shopping around could mean significant savings on your car insurance costs.

In Texas, all cities like Carrollton adhere to state law for minimum required car insurance coverage. This ensures every driver has a basic level of financial protection on the roads. Here's what the minimum coverage looks like:

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

For instance, if you hold the minimum coverage and are at fault in an accident, your policy would cover up to $30,000 for injuries to one person and up to $60,000 for all injuries in that accident. Should costs exceed these limits, you'd be responsible for paying the difference out of pocket. It's a straightforward system designed to keep everyone covered to a basic extent.

MoneyGeek found that Texas Farm Bureau offers the budget-friendly option for drivers looking for the cheapest full coverage car insurance in Carrollton.

• Texas Farm Bureau: $991 per year
• State Farm: $1,027 per year

The most expensive full coverage policy in Carrollton comes from Dairyland, with annual rates at $4,465, highlighting the significance of comparing quotes since you could save up to $3,474 per year. Full coverage policies cost more than minimum coverage because they provide comprehensive and collision coverage, which protects against a wider range of incidents.

A full coverage policy in Carrollton offers $100,000 in bodily injury liability per person, $300,000 in bodily injury liability per incident and $100,000 in property damage liability per event. We refer to such an insurance plan as a 100/300/100 policy, indicating its comprehensive liability caps.

This full coverage not only raises your liability ceilings but also incorporates two forms of protection:

• Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

When considering coverage for a new vehicle, opting for a full coverage policy is advisable to protect your substantial investment effectively. On the other hand, owners of older vehicles may find that the cost of additional coverage outweighs the benefits when examining the potential savings versus the out-of-pocket premium costs.

Understanding the right balance of car insurance coverage you require involves weighing the pros and cons of increased premiums against the risk of being underinsured. Refer to MoneyGeek's guide to make informed decisions about your insurance needs.

MoneyGeek found that for drivers in Carrollton requiring full coverage policy, the cheapest options vary depending on the driving record:

• Speeding Ticket: Texas Farm Bureau ($991 per year)
• At-Fault Accident: State Farm ($1,277 per year)
• DUI: National General ($1,850 per year)

Dairyland has the most expensive rates for drivers with speeding tickets and DUIs, while it is Foremost for those with at-fault accidents. There is a notable difference in annual premiums based on offense severity, with a $859 difference between the cheapest company for drivers with a poor driving record after a speeding ticket and the cheapest after a DUI.

In cities like Carrollton, insurance premiums typically escalate in response to serious driving infractions, reflecting the increased risk insurers must assume. For instance, drivers in Carrollton with a speeding ticket can expect to pay an average annual rate of approximately $2,987, while those with a DUI face a steeper average premium of around $3,708. This considerable price variance underscores the necessity for individuals with driving offenses to diligently compare insurance rates, ensuring they secure the most cost-effective coverage for their circumstances.

MoneyGeek found that Nationwide offers the most affordable full coverage car insurance for male and female teens in Carrollton. For those seeking the cheapest car insurance for teens, here are the top two providers:

• Nationwide: $1,742 per year for female teens and $1,986 per year for male teens
• State Farm: $1,912 per year for female teens and $2,312 per year for male teens

These rates represent the cost of adding a teenager to a policy shared with two parents. Comparatively, Allstate has the most expensive policy for both female and male teens, with annual rates of $6,525 and $7,679, respectively. The stark contrast in pricing, which can amount to over $4,583 annually for female teens, underscores the necessity of comparing quotes, especially given the heightened risks associated with insuring teen drivers.

In Carrollton and surrounding areas, teens seeking car insurance independently will face steep costs, averaging an annual premium of $7,374. By comparison, including a teen driver in a joint family plan significantly reduces the financial burden, with the average family premium at $3,735.

MoneyGeek found the cheapest options for full coverage car insurance for drivers with a military background in Carrollton.

• Texas Farm Bureau: $991 per year
• State Farm: $1,027 per year

USAA is also a competitive choice, with an annual rate of $1,116. Although its rate is higher compared to the top two companies, USAA is known for its services tailored to the specific needs of active-duty military members.

In Carrollton, finding the most affordable car insurance rates necessitates a thorough comparison of offerings from multiple companies, which could take at least 15 minutes per company – quickly adding up to an hour or more.

However, with MoneyGeek's car insurance calculator, residents can expedite this process and instantaneously identify savings opportunities. By inputting essential information, such as age, driving history, credit score and desired coverage, you can promptly receive personalized rate estimates.

Selecting the best auto insurance for your needs is a balance between service quality, cost, coverage and other personal considerations. MoneyGeek's scoring system discerns the top insurance providers in Carrollton, tailoring to varied preferences, using distinct metrics for each category.

• Best overall: Chubb (MoneyGeek score 90 out of 100)
• Best for service: Chubb (MoneyGeek score 92 out of 100)
• Best cheap: Chubb (MoneyGeek score 88 out of 100)

Chubb emerges as Carrollton's superior insurance provider, excelling in overall value, exceptional service and affordability. Its comprehensive approach to customer satisfaction, cost-effective policies and reliable service makes it the leading choice for those seeking a balanced insurance experience without compromising on quality.

MoneyGeek found the best options for car insurance in Carrollton. When looking for the best car insurance, it's important to consider a provider's overall package, including customer satisfaction, affordability and claim handling.

• Chubb: MoneyGeek score of 90 out of 100 ($1,962 per year)
• Foremost: MoneyGeek score of 75 out of 100 ($2,375 per year)

With the highest scores in customer satisfaction and claims handling, Chubb is a leader in delivering exceptional service and reliable coverage to its policyholders. Chubb's score signifies the value for a full coverage policy, ensuring drivers in Carrollton are getting comprehensive protection at a competitive rate.

MoneyGeek found the best options in Carrollton for consumers seeking superior car insurance focusing on customer service, without taking rates into consideration. Here are the top two providers:

• Chubb: MoneyGeek score of 92 out of 100 ($1,962 per year)
• Foremost: MoneyGeek score of 77 out of 100 ($2,375 per year)

Chubb distinguishes itself with the highest MoneyGeek score, asserting its position as the leader in the market. The company has achieved commendable scores in customer satisfaction and claims handling, bolstered further by its solid coverage options.

MoneyGeek found the best cheap car insurance in Carrollton. With a strong balance between cost and quality, these companies deliver exceptional value:

• Chubb: MoneyGeek score of 88 out of 100 ($1,046 per year)
• Mercury: MoneyGeek score of 79 out of 100 ($493 per year)

Chubb stands out due to its high rankings across multiple categories, contributing to its top MoneyGeek score. The company’s exceptional satisfaction and claims scores are especially noteworthy.

In Carrollton, Texas, the average cost of car insurance stands at $1,827. This figure is notably higher compared to the average car insurance cost in Texas, which is $1,738, indicating a $89 difference. Comparing the state average to the national average, the cost of car insurance in Texas exceeds the national average by $18, with the latter being $1,720.

Car insurance rates are determined by a multitude of factors, with location being one key determinant. Insurers consider local variables, such as accident rates, thefts and repairs costs, all of which can vary significantly from one place to another.

For example, Houston holds the record for the most expensive premium at $2,113, while Wichita Falls offers the most affordable option at $1,374. This disparity, a substantial $739, underscores the impact of location on car insurance costs. In less urbanized areas with lower traffic density, rates may be even more economical.