Cheapest and Best Car Insurance Companies in McAllen, TX

Your driving record and coverage needs may influence your choice of the most affordable insurance company in McAllen. State Farm is our top pick for the cheapest minimum coverage and full coverage policies. The insurer also offers the best rates for teenagers, drivers with offenses and those with a military connection. Chubb is our top pick for service.

The lowest premiums for a minimum auto insurance policy in McAllen are from the following companies:

• State Farm: $369 per year
• Allstate: $437 per year

Dairyland has the highest average annual premium at $1,958 for the minimum policy. Meanwhile, Texas Farm Bureau is the most affordable auto insurance carrier in Texas, costing an average of $339 a year as of October 2022, illustrating that your location can impact your premiums.

Texas car insurance requirements dictate that a minimum coverage policy contain bodily injury and property damage liability protection with the following limits:

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

The limits indicate that the insurer will only cover a maximum of $30,000 for each individual injured and a maximum of $60,000 in an accident. Also included is a maximum of $25,000 for any property damaged in a single accident. If your costs exceed these limits, you will pay for the balance out of pocket.

The cheapest full coverage car insurance policies in McAllen, based on our ranking system, are from the following two companies:

• State Farm: $752 per year
• Mercury: $1,022 per year

Dairyland is the city’s most costly insurer, charging $1,860 yearly, on average. At an average annual cost of $760, Texas Farm Bureau is the cheapest full coverage auto insurance provider in Texas as of October 2022. This rate is slightly lower than the average cost for the city. Your location can influence how much you pay for auto insurance.

Full coverage auto insurance offers collision and comprehensive insurance in addition to liability coverage.

• Collision Insurance: If you hit an object or another car in an accident, collision insurance pays to replace or repair your car.
• Comprehensive Insurance: If your car gets damaged due to natural disasters, theft or other non-collision incidents, comprehensive coverage pays the repair and replacement costs.

Getting a full coverage policy for an older car may not be realistic since it might be worth more than the value of your vehicle.

The following car insurance companies offer the lowest premiums in McAllen after a traffic violation:

• Speeding ticket: State Farm ($752 per year)
• At-fault accident: State Farm ($923 per year)
• DUI: State Farm ($1,335 per year)

The most expensive insurer if you have an at-fault accident is Foremost at around $4,342. National General is the most expensive after a ticket, at around $2,302 annually. Chubb is the priciest if you have a DUI at roughly $3,174 per year.

Auto insurance premiums vary substantially based on your driving background. The cheapest insurer for a bad driving record is generally more expensive than the amount safe drivers pay for the same coverage.

Traffic violations often correlate with higher car insurance costs. How much you pay will also vary depending on the severity of the incident.

For example, a driver in McAllen with a speeding ticket will pay around $264 more than drivers with clean records annually. Drivers with DUIs could pay roughly $689 more. Luckily, you can get affordable auto insurance with a bad driving record by comparing quotes across insurers.

The car insurance providers to consider for the cheapest full coverage family policies for teen drivers are:

• State Farm: $1,886 per year for female teens and $2,280 per year for male teens
• Nationwide: $2,280 per year for female teens and $2,713 per year for male teens

Allstate charges the highest premiums for teens on a family policy, with $7,542 as the average annual cost for female teens and $8,876 for male teens. For most insurers, rates are higher for male teens since they are riskier to insure than female teenagers. The price difference of $394 with State Farm demonstrates this difference. However, the gap narrows in early adulthood.

It is more cost-friendly to add teenagers to a family insurance policy than to buy a separate policy for them. In McAllen, a male teen will pay $3,267 more for their own policy vs. being included on their parent’s plan. You can save a few dollars on your premium if you identify the best cheap auto insurance for teens in the city.

The top two affordable car insurance companies for military persons together with their families in McAllen for a full coverage policy are:

• State Farm: $752 per year
• USAA: $1,021 per year

USAA offers policies customized exclusively to military members. For a minimum coverage policy, the most affordable providers are State Farm at around $369 per year and Allstate at roughly $437 per year. Note that for minimum coverage, Allstate is cheaper than USAA, ranking second.

Obtaining an auto insurance policy online entails filling out a form with several personal details, and the process can last up to 15 minutes per insurance provider. It may take a long time to manually compare costs and find the most affordable insurer for your needs.

MoneyGeek’s car insurance calculator simplifies the process. Using the calculator, you can quickly get cost estimates from your preferred providers based on your age, driving record, coverage amount and vehicle model.

The best auto insurance provider in McAllen will vary based on your preferences. Our top picks for different categories are:

• Best overall: State Farm (MoneyGeek score 76 out of 100)
• Best for service: Chubb (MoneyGeek score 76 out of 100)
• Best cheap: State Farm (MoneyGeek score 78 out of 100)

An insurer’s score may vary depending on category weightings. Texas Farm Bureau Group ranks as the best auto insurance company in Texas. The best company can vary by location. For drivers with a military background, USAA offers the best coverage, scoring 77 out of 100.

The following insurance providers emerged as the best options in McAllen for a full coverage policy:

• State Farm: MoneyGeek score 76 out of 100 ($752 per year)
• Texas Farm Bureau Group: MoneyGeek score 68 out of 100 ($1,214 per year)

State Farm has the most affordable policies and good customer service. This shows that customers will not spend much to get quality service from the company.

The best insurer if you have a military affiliation is USAA, which scored 77 out of 100 on MoneyGeek’s ranking system.

Taking into account customer service without regard for the cost of coverage, we found that the insurance companies that stand out in McAllen for a full coverage policy are:

• Chubb: MoneyGeek score 76 out of 100 ($1,621 per year)
• Foremost: MoneyGeek score 67 out of 100 ($1,797 per year)

Compared to other insurers on our scoring system, Chubb ranked well in satisfaction and claims. That means the insurer is more likely to address your claims and customer complaints more quickly. It did score lower in affordability, indicating you will pay more for excellent service.

The best auto insurance companies in McAllen based on the average cost and service quality for a policy that meets the Texas state minimum requirements are:

• State Farm: MoneyGeek score 78 out of 100 ($369 per year)
• Allstate: MoneyGeek score 72 out of 100 ($437 per year)

Regardless of the lowest rates, the most affordable minimum coverage policies in McAllen provide the least protection against bodily injury and property damage liability costs. They also do not cover damages to your own car in the event of an accident.

The average car insurance price in McAllen is $1,364 per year, which is more than the national average yearly cost by $99. It is also higher than the average cost of auto insurance in Texas by $163 as of October 2022. Location and several other factors may cause a difference in auto insurance rates.

These average costs are for a full coverage car insurance policy with bodily injury liability protection of $100,000 per person up to $300,000 per accident and $100,000 per accident for property damage liability.