Car insurance in Denton costs $1,151 per year on average, 12.5% cheaper than the state average. Farmers, which has an average rate of $726, is the cheapest option for most Denton drivers. MoneyGeek analyzed the cheapest insurers based on coverage amount and driving history. MoneyGeek also ranked the best car insurance companies in Denton for drivers who value quality and cost.
Compare the Cheapest Car Insurance Quotes in Denton
The Cheapest and Best Car Insurance in Denton
The Cheapest Car Insurance Companies in Denton
Based on MoneyGeek’s study, the most affordable insurers in the city for a full coverage policy are, on average:
- Farmers: $726 per year
- USAA: $786 per year
For those who choose the best car insurance based on affordability, Farmers is the best option. The General is the most expensive option. Policyholders insured by The General pay 213.9% more than Farmers, which equates to roughly $2,279 annually.
The prices used for this study are for a 40-year-old male driver with a full coverage policy, which includes liability insurance as well as comprehensive and collision insurance.
Average Cost of Car Insurance in Denton
On average, the annual cost of car insurance in Denton is $1,151. That is cheaper than both the state and national annual premium averages. The state average price for auto insurance is $1,316, which means Denton drivers typically pay 12.5% less. Meanwhile, the national average is $1,424 or 19.2% more than Denton’s average.
The Best Car Insurance Companies in Denton
If you are looking for companies that balance affordability and quality service, MoneyGeek ranked the best car insurance companies in Denton. The top companies are:
- GEICO: MoneyGeek score of 85 out of 100
- State Farm: MoneyGeek score of 85 out of 100
USAA got the highest score, but it is only available to military members, veterans and their families.
MoneyGeek calculated scores based on J.D. Power user satisfaction, affordability and financial stability.
Personalized Quotes to Get You the Cheapest Car Insurance in Denton
Insurers use different factors to determine prices, including age, location, driving history, credit score and car make and model. It’s a good idea to compare car insurance quotes regularly, especially if there are changes to your circumstances, to see if you qualify for discounts, rebates or other savings.
Shopping around for car insurance in Denton could save you $425, which is enough to buy:
Cheapest Car Insurance in Denton by Coverage Amount
In Denton and elsewhere, one of the biggest factors impacting insurance prices is the amount of coverage you buy. The average cost of a policy that meets the state minimums is $594 per year, while a full coverage policy costs an average of $1,151. This is a difference of $558.
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.
For some drivers, the cheapest car insurance is the best option. However, it is better to choose coverage based on your needs.
A 50/100/50 policy provides higher liability limits and means you get up to $50,000 for injuries per person, $100,000 for injuries per accident and $50,000 for property damage. In an at-fault accident, a liability-only policy only covers the other driver, while a full coverage policy includes your expenses.
A state minimum liability-only from Farmers, the cheapest option for this type of policy, costs roughly $374 annually. A 50/100/50 liability-only policy is about $19 more expensive.
Full coverage costs an average of $690 annually. Increasing your coverage to 100/300/100 limits costs about $36 more.
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 Denton if You Have Driving Violations
One way of getting cheap car insurance in Denton is to maintain a clean driving record. A moving violation, such as a speeding ticket, at-fault accident or DUI, will cause an increase in your premium. For instance, a Farmers policy for a driver with no violations costs an average of $726 per year. Having a speeding ticket could increase that rate by $222, while an at-fault accident might increase your rates by $307. Additionally, a DUI may cause a $339 increase.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Auto insurance costs in Texas also depend on where a person lives. This is because of the differences in accident statistics, car theft incidents and the number of uninsured drivers in different postal codes.
In Denton, the cheapest neighborhood is ZIP code 76201. The average rate in the neighborhood is $1,148 per year. Meanwhile, the most expensive is 76210. Its average rate is $1,154, a $6 difference.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Denton
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 Denton. How Denton 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 Denton 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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