Cheapest and Best Car Insurance Companies in Lewisville, TX

For drivers in Lewisville, the best and cheapest insurer will depend on your profile and needs. State Farm is the best overall car insurance provider. It offers the least expensive full and minimum coverage car insurance. It’s also the cheapest for drivers with tickets, accidents or those in the military. Mercury is the cheapest for DUIs. Nationwide offers the cheapest car insurance for teens on a family policy. Chubb is the best for customer service.

The most affordable car insurance companies for a minimum coverage policy in Lewisville are:

• State Farm: $335 per year
• Texas Farm Bureau Group: $349 per year

Dairyland offers the most expensive minimum coverage auto insurance in the city, with an annual premium of $1,097. As of October 2022, Texas Farm Bureau is the cheapest car insurance company in Texas, with an annual average premium of $339. This is cheaper than Lewisville and shows that location affects rates.

To qualify for minimum coverage, car insurance policies in Texas must meet the liability limits mandated by the state, covering bodily injury liability and property damage liability.

The limits are as follows:

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

To ensure financial protection against injuries or damages caused to others, liability coverage is an essential part of any insurance policy. It's important to remember that liability coverage generally only covers up to $30,000 in damages for a single victim and up to $60,000 per accident. You’ll have to pay for anything in excess of these limits.

The cheapest car insurance companies for a full coverage policy in Lewisville, Texas, are

• State Farm: $663 per year
• Texas Farm Bureau Group: $713 per year

The most expensive insurance company in the city is offered by Dairyland. Its annual premium costs $2,099 for a full coverage policy.

The cheapest insurance provider for full coverage in Texas is Texas Farm Bureau. Its annual premium costs $760 as of October 2022. The location where you live affects your car insurance quotes as it is an essential factor that reflects the level of risk associated with that area.

MoneyGeek suggests that drivers choose a full coverage policy to get the most protection for their vehicles, including comprehensive and collision insurance and liability coverage.

• Collision insurance covers any damages your vehicle sustains in the event of an accident with another vehicle or object.
• Comprehensive insurance protects your car from theft, natural disasters, vandalism and fire.

Full coverage might not be worth it for older vehicles since the policy’s cost could exceed the value of the car.

The cheapest car insurance companies after driving violations in Lewisville include:

• Speeding ticket: State Farm ($663 per year)
• At-fault accident: State Farm ($827 per year)
• DUI: Mercury ($1,216 per year)

On average, Chubb is the most expensive car insurance provider for drivers with DUI costing $2,667 per year. Foremost is the least expensive for at-fault accidents, with an average annual premium of $3,354. For drivers with speeding tickets, Dairyland is the most expensive, with an average annual premium of $2,568.

Drivers having poor records are considered higher risk and therefore charged higher rates by insurance companies.

When drivers have violations on their record, car insurance premiums tend to rise, with speeding tickets resulting in minor increases and DUI convictions leading to significant hikes. In Lewisville, drivers with a DUI will pay around $292 more per year than drivers with a speeding ticket.

While insurance premiums vary depending on location, obtaining affordable coverage with a poor driving record is crucial to ensure long-term financial protection.

The most affordable car insurance providers for teens on a family policy in Lewisville, Texas, are

• Nationwide: $1,536 per year for female teens, $1,751 per year for male teens
• State Farm: $1,710 per year for female teens, $2,068 per year for male teens

On a family insurance policy, Allstate provides the most expensive car insurance for teenage drivers, costing around $6,307 for females and $7,423 for males.

As seen from the $215 price difference from Nationwide, male teens are often considered riskier by insurance providers, resulting in higher rates. In early adulthood, this difference subsides.

Although many believe that it is more affordable to purchase an individual insurance policy for a teenage driver, in most cases, adding a teen to a family policy is more cost-effective.

Adding a male teen to a family policy in Lewisville can save you up to $3,267 per year. When looking for affordable car insurance for teenage drivers, it is essential to consider all available options and understand the factors that impact insurance premiums.

The cheapest car insurance for current or former military members and their families in Lewisville are

• State Farm: $663 per year
• Texas Farm Bureau Group: $713 per year

USAA provides insurance policies for active or former military members and their families. Policies in Lewisville from this provider cost around $850 annually.

The most inexpensive insurance providers for minimum coverage are State Farm and Texas Farm Bureau Group. The average annual premiums cost $335 and $349, respectively.

Searching for the right car insurance policy in Lewisville, Texas, can be time-consuming and overwhelming. It can take 15 minutes for each insurer and require you to share lots of personal details.

MoneyGeek has developed a calculator that provides a quick estimate based on your age, car model, coverage level and driving record. This efficient process simplifies finding the right car insurance policy for your needs.

The ideal car insurance provider for you will depend on your priorities. The best car insurance providers in Lewisville:

• Best overall: Texas Farm Bureau Group (MoneyGeek score of 80 out of 100)
• Best for service: USAA (MoneyGeek score of 81 out of 100)
• Best cheap: Texas Farm Bureau Group (MoneyGeek score of 80 out of 100)

The overall MoneyGeek score varies based on certain factors that are weighted for every category. Texas Farm Bureau is the best car insurance in Texas and in the city. For military families, USAA is also worth considering since it scored 81 out of 100.

The best car insurance companies in Lewisville include:

• Texas Farm Bureau Group: MoneyGeek score of 80 out of 100 ($713 per year)
• State Farm: MoneyGeek score of 76 out of 100 ($663 per year)

Texas Farm Bureau Group performed well in customer satisfaction and claims experience ratings. At MoneyGeek, we believe that selecting a car insurance policy that provides both peace of mind and protection during an accident is essential.

Military families might want to consider USAA. This provider earned a score of 81 out of 100.

The best car insurance companies for customer service in Lewisville are:

• Chubb: MoneyGeek score of 76 out of 100 ($1,362 per year)
• Foremost: MoneyGeek score of 67 out of 100 ($1,468 per year)

Chubb performed well in claims and customer satisfaction. Its affordability score was low, which means that you’ll pay more for excellent service.

MoneyGeek reviewed car insurance companies in Texas that meet the state's minimum coverage requirements, considering both service quality and affordability.

The best insurance companies in Lewisville are:

• Texas Farm Bureau Group: MoneyGeek score of 81 out of 100 ($349 per year)
• State Farm: MoneyGeek score of 78 out of 100 ($335 per year)

In Lewisville, minimum coverage policies offer low insurance rates but provide limited protection for liability costs, and they do not cover damages to your vehicle in the event of an accident.

The average cost of auto insurance in Lewisville for full coverage is $1,151 per year as of October 2022. This includes $100,000 in bodily injury liability per person, $300,000 in bodily injury liability per accident and $100,000 in property damage liability per accident.

The city’s average car insurance cost is $50 cheaper than the average full coverage cost in Texas. It is also $114 less than the national average. Your location is a significant factor that can impact the cost of your car insurance.