Compare the Cheapest Car Insurance Quotes in McAllen

The annual average car insurance rate in McAllen is $1,505, which is 14.4% higher than the state average. The cheapest insurer is Farmers, offering auto insurance at roughly $866 yearly. To accommodate various drivers, MoneyGeek evaluated the cheapest insurance by coverage amount and driving history. MoneyGeek also ranked the best car insurance in McAllen by companies that balance affordability and quality.

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Last Updated: 5/16/2022
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Although your average quoted premium will change based on your unique personal profile and liability limits you select, for most drivers, Farmers has the cheapest full coverage and state minimum vehicle insurance in McAllen. If you’re a driver with a speeding ticket, you’ll save the most money if you get insurance through State Farm. For members of the military, USAA also offers affordable coverage. Still, MoneyGeek recommends GEICO as the city’s best overall insurance company for its balance of competitive pricing and excellent customer service.

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The Cheapest and Best Car Insurance in McAllen

The Cheapest Car Insurance Companies in McAllen

On average, the two insurers offering the cheapest full coverage car insurance in McAllen are:

  • Farmers: $866 annually
  • State Farm: $927 annually

If you come from a military family, USAA is also an affordable option. You can purchase a policy with an average annual premium of $951 per year.

At $866, Farmers is the cheapest car insurance company in the city, with an average yearly rate of about 275% less than The General, the most expensive insurer in McAllen for full coverage. Comprehensive and collision coverages are included in full coverage insurance policies, and the annual premiums can vary depending on the liability insurance you select.

Cheapest Car Insurance in McAllen
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    Farmers
    $866
  • 2.
    State Farm
    $927
  • 3.
    USAA
    $951
  • 4.
    GEICO
    $1,001
  • 5.
    AAA
    $1,176
  • 6.
    Allstate
    $1,230
  • 7.
    Esurance
    $1,392
  • 8.
    Mercury
    $1,668
  • 9.
    Nationwide
    $1,767
  • 10.
    MetLife
    $1,773
  • 11.
    The General
    $3,253

As explained in our methodology, MoneyGeek collected and analyzed average insurance rates in McAllen for our sample driver: a 40-year-old male with a full coverage policy, including comprehensive and collision coverage.

While comprehensive and collision coverage are much more costly than state minimum liability, full coverage auto insurance includes both comprehensive and collision. This can be critical if your car is damaged since it protects you from high and unexpected out-of-pocket repair costs.

  • Collision Insurance: This covers the cost to repair damage to your car in the event of a collision.
  • Comprehensive Insurance: This protects you against the cost of car repair for non-collision-related damage, such as hail, theft or vandalism.

If you own an older car, note that the premiums for full coverage car insurance may wind up costing you more than your car’s replacement value. This is when liability-only or state minimum coverage may be a good alternate option.

Compare Car Insurance Rates in McAllen

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Cheapest Car Insurance in McAllen for Minimum Coverage

State minimum or liability-only insurance is always cheaper than full coverage policies. The cheapest car insurance in McAllen for state minimum is available from:

  • Farmers: $448 per year
  • State Farm: $506 per year

The annual cost of minimum auto insurance through USAA is on average $458 per year, making it the second most affordable choice in McAllen. However, it is exclusive to former and current military and their families. Farmers’ yearly premium for minimum coverage is approximately $837 less than the most expensive provider, The General, at $1,258.

While minimum coverage policies are the least expensive option, they also exclude comprehensive and collision coverage and provide much lower liability limits. This puts you at risk of not having enough coverage in the event of an accident.

The table below illustrates how rates change when you increase your liability limits.

Cheapest Minimum Liability Car Insurance in McAllen
State Minimum

Texas law requires drivers to carry state minimum coverage of 30/60/25. This is the cheapest car insurance option in McAllen, which is reflected in lower premiums. If you’re in an accident, though, you risk having to pay a hefty amount not covered by your insurance company.

For instance, if you’re at fault in an accident and the other party’s total medical bills are $40,000, a minimum coverage policy would only cover up to $30,000. You’d have to pay the remaining $10,000 yourself.

Texas Minimum Liability Requirements

  • Item
    Description
  • 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.

Cheapest Car Insurance in McAllen if You Have Driving Violations

Your car insurance premium is affected by your driving record. Violations such as speeding tickets, at-fault accidents and DUIs result in higher costs.

Based on your specific violation, the following insurance providers offer the most affordable rates on average in McAllen:

  • Cheapest after a ticket: State Farm, $927 per year
  • Cheapest after an at-fault accident: State Farm, $1,116 per year
  • Cheapest after a DUI: Farmers, $1,269 per year

The best way to reduce your premiums if you have violations on your record is to improve your driving history. Because that takes time, you should shop around for quotes right after a ticket or accident to see which car insurance companies in McAllen offer the most affordable rates for drivers with bad records.

Cheapest Car Insurance in McAllen With a Violation
Speeding Ticket

Average Cost of Car Insurance in McAllen

McAllen$1,505
Texas$1,316
U.S.$1,424

Before buying a car, drivers should consider the average cost of car insurance in their area. In McAllen, drivers pay an average of $1,505 per year, which is 14.4% higher than the average cost of car insurance in Texas. Compared to the rest of the nation, McAllen drivers pay an average of 5.7% more.

Personalized Quotes to Get You the Cheapest Car Insurance in McAllen

MoneyGeek recommends that drivers compare car insurance quotes in McAllen frequently to get the best rates. A number of factors can affect rates and even qualify drivers for certain discounts, rebates or savings opportunities. Some factors insurers consider are age, gender, driving history and car make and model.

Compare Car Insurance Rates in McAllen

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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The Best Car Insurance Companies in McAllen

If you are looking for car insurance companies that balance affordability and quality service, MoneyGeek’s unique rating system found the best options in McAllen are:

  • GEICO: MoneyGeek score of 85 out of 100
  • State Farm: MoneyGeek score of 85 out of 100

USAA received the highest score of 100; however, because the insurer is only available to veterans, current military members and their families, we did not include it in our best overall listing.

The car insurance companies in this study were ranked on factors such as affordability, insurer financial stability and customer satisfaction. MoneyGeek used multiple resources for this analysis, including findings by J. D. Power, a data analytics firm.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
GEICO
Score:85

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

3
State Farm
Score:85

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

4
Auto Club of Southern California Insurance Group
Score:85

5/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

5
Allstate
Score:80

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

6
Progressive
Score:80

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

7
Nationwide
Score:80

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

8
Farmers
Score:77.5

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

9
Liberty Mutual
Score:72.5

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

Average Cost of Car Insurance by Postal Code

Car insurance quotes in McAllen can change based on a driver’s postal code. This is because certain neighborhoods may be more at risk for car-theft incidents or have a number of accident-prone areas.

However, ZIP codes make a minimal difference when it comes to car insurance rates in McAllen. The difference between the cheapest and most expensive postal codes, 78501 and 78405, is $20.

  • Zip Code
    State Minimumper year
  • 78501
    $1,495
  • 78504
    $1,515

Factors That Impact Insurance Costs in McAllen

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 McAllen. How McAllen ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities204th/300
handcuffs2 icon
Most Car Thefts27th/300
uninsured icon
Most Uninsured Motorists by State16th/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall192nd/300
umbrella icon
Most Rainy Days231st/300

Methodology and Assumptions

MoneyGeek’s average premium rates for McAllen 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.

About the Author


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The MoneyGeek editorial team has decades of combined experience in writing and publishing information about how people should manage money and credit. Our editors have worked with numerous publications including The Washington Post, The Daily Business Review, HealthDay, and Time, Inc., and have won numerous journalism awards. Our talented team of contributing writers includes mortgage experts, veteran financial reporters, and award-winning journalists. Learn more about the MoneyGeek team.


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