Dallas drivers pay an average of $1,461 per year for auto insurance, more expensive than the state average. The cheapest company for the average driver in Dallas is Farmers at $875 per year. MoneyGeek analyzed the cheapest average rates by coverage levels and driver history. MoneyGeek also recommended the best companies for drivers focused on both quality and affordability.
Compare the Cheapest Car Insurance Quotes in Dallas, TX
The Cheapest and Best Car Insurance in Dallas
The Cheapest Car Insurance Companies in Dallas
The cheapest options in the city for a full coverage policy based on average auto insurance rates are:
- Farmers: $875 per year
- USAA: $974 per year (only available to military members and their families)
It is still possible to find car insurance companies in Dallas that offer much lower rates than the state and national average. Farmers and USAA, for example, both have average annual premiums under $1,000. On the other end of the spectrum is The General, which costs a little over three times the cheapest option’s price on average. The best car insurance company for most drivers is often the most affordable.
Prices are based on a sample driver profile, which is a 40-year-old male driver with a full coverage policy that has liability insurance and comprehensive and collision insurance.
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Average Cost of Car Insurance in Dallas
Before looking for cheap car insurance, note that the average car insurance rate in Dallas is $1,461 per year. That is 11% more expensive than Texas’ average but only 2.6% higher than the national average. Keep that number in mind as you weigh your options later on.
The Best Car Insurance Companies in Dallas
If you’re looking for a balance of affordability and quality service, MoneyGeek ranked the best car insurance companies in Dallas. The top options for most drivers are:
- GEICO: MoneyGeek score of 85 out of 100
- State Farm: MoneyGeek score of 85 out of 100
USAA received the highest score in Dallas by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
MoneyGeek calculated the scores based on various factors like J.D. Power user satisfaction, affordability and financial stability.
Personalized Quotes to Get You the Cheapest Car Insurance in Dallas
As you compare your options for the best car insurance in Dallas, remember that each quote depends on different variables. On average, 40-year-old drivers get better rates than 18-year-old drivers by at least $1,000 in this city. While the make and model of the car you drive can be a factor in personalized quotes, your record as a driver can either save or cost you hundreds of dollars with some insurance companies.
Shopping around for car insurance in Dallas could save you $586, which is enough to buy:
Cheapest Car Insurance in Dallas by Coverage Amount
How much coverage you buy will have an impact on the cost of auto insurance in Dallas and elsewhere. In Dallas, a policy meeting only the state minimum costs $723 on average. An insurance policy with full coverage typically costs $1,461 per year. That is a difference of $738 annually.
Texas Minimum Liability Requirements
- 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.
Policy levels often indicate 50/100/50. But what does that mean? The first 50 refers to a $50,000 coverage of medical expenses per individual. The middle number, in this case 100, means a $100,000 cap per vehicle for medical expenses. The second 50 is $50,000 for property damage. Remember that only full-coverage plans can cover your own expenses. The difference between getting liability-only and full coverage can be as little as $326 in Dallas.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Dallas if You Have Driving Violations
A clean driving record can save you hundreds of dollars on your car insurance. A speeding ticket can add up to an average of $444 on your quote. A DUI record, meanwhile, can put anywhere between $350 and $2,200 on top of your car insurance cost. While some car insurance companies in Dallas do not charge extra for speeding or DUI records, all of them charge extra if you have caused an accident before.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Where you live in Dallas can also affect your car insurance cost. Depending on where you live, your annual premium could be a couple of hundred dollars cheaper than the most expensive neighborhood for car insurance, 75216.
- Zip CodeState Minimumper year
Top Agents Offering Affordable Car Insurance in Dallas
Factors That Impact Insurance Costs in Dallas
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Dallas. How Dallas ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Dallas 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.
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