Car insurance costs are never static. No matter where you are, different factors determine how much you need to pay to get insured. Factors such as location, car make and model, credit score and driving record all play a role. So, when looking for car insurance in Laredo, it’s important to get a personalized quote to get an accurate estimate.
Compare the Cheapest Car Insurance Quotes in Laredo, TX
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Average Cost of Car Insurance in Laredo
Laredo$1,266
Texas$1,316
U.S.$1,424
Average car insurance rates in Laredo amount to around $1,266 annually, which is lower than the state and national averages. Drivers in Laredo can expect to pay roughly 3.8% less for insurance compared to others in Texas, and around 11.1% less than the national average rate.
Compare Car Insurance Rates in Laredo
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Cheap Car Insurance Companies in Laredo
Car insurance companies in Laredo all have varied rates. The General, which is the priciest, is almost three times more expensive than the cheapest company. The most affordable companies, on the other hand, are Farmers, GEICO and State Farm. Seek personalized quotes from auto insurance companies throughout Laredo and compare the rates to find the plan that works best for your needs and budget.
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- CompanyAmountper year
- 1. Farmers$828
- 2. GEICO$852
- 3. USAA$882
- 4. State Farm$929
- 5. Esurance$1,081
Personalized Quotes to Get You the Cheapest Car Insurance in Laredo
Car insurance companies in Laredo will build your profile by looking at certain factors, including your age, driving record, ZIP code and more. Your premium will then be based on these factors. For example, a stellar driving record will typically get you the cheapest premium. Being an experienced driver also often means lower insurance costs.
Drivers with spotless records, plenty of experience and excellent credit scores are at an advantage. These characteristics are deemed to be less risky by car insurance companies and lead to lower premiums as a result. Since these factors regularly change, it will benefit you to also get a personalized quote on a regular basis.
Compare Car Insurance Rates in Laredo
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Laredo by Coverage Amount
How much car insurance coverage you purchase in Laredo also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.
Visit these guides to learn more:
Texas Minimum Liability Requirements
- ItemDescription
- 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.
Insurance premiums are often summarized into three numbers, which stand for injury coverage per person and per vehicle, along with property damage. A 50/100/50 policy in Texas, for example, insures a driver for a greater amount than the state minimum.
You can always opt for comprehensive coverage which offers you greater protection. However, these policies are always more expensive than liability-only plans. For some car insurance companies in Laredo, 50/100/50 full coverage may be twice as expensive as the state minimum coverage.
Average Car Insurance Premiums by Coverage Type
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1. Farmers$383$411
- 2. GEICO$429$466
- 3. USAA$405$450
- 4. State Farm$437$494
- 5. AAA$464$518
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1. Farmers$779$828
- 2. GEICO$774$852
- 3. USAA$799$882
- 4. State Farm$846$929
- 5. AAA$1,005$1,086
Compare Car Insurance Rates in Laredo
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Laredo if You Have Tickets
A clean driving record gets you a cheaper premium while having previous offenses will make it more costly. In Laredo, expect to pay more on average if you have a previous speeding ticket. Having an at-fault accident or DUI record will make your premium significantly more expensive.
It’s important to always keep a clean driving record if you want to keep insurance costs low.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1. Farmers$1,096$1,159$1,203
- 2. GEICO$997$1,161$1,398
- 3. State Farm$929$1,090$1,463
- 4. USAA$991$1,376$1,296
- 5. AAA$1,378$1,500$1,573
Average Cost of Car Insurance by Postal Code
Your ZIP code also plays a role in how much your premium costs. Some neighborhoods are more likely to have crime and uninsured motorists than others. For car insurance in Laredo, ZIP code differences are not significant. The average difference between the most and least expensive ZIP codes for auto coverage in the city is just $58.
- Zip CodeState Minimumper year
- 78045$1,240
- 78041$1,261
- 78046$1,298
Insurance Providers That Serve Laredo
Factors That Impact Insurance Costs in Laredo
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 Laredo. How Laredo ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Shopping around for car insurance in Laredo could save you $439, which is enough to buy:
146Cups of Coffee
34Months of Your Favorite Streaming Service
Methodology and Assumptions
MoneyGeek’s average premium rates for Laredo 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.
Compare Car Insurance Rates in Laredo
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
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