bestauto insuranceMidlandCompare the Cheapest Car Insurance Quotes in Midland, TX
The average cost to insure a car in Midland is $1,054 per year, which is cheaper than the state average. The least expensive option based on average rates is Farmers at $668 annually. MoneyGeek analyzed the cheapest options across coverage levels and driver profiles. For drivers focused on both cost and quality, MoneyGeek also ranked the best car insurance companies in Midland.
REVIEW AUTO INSURANCE RATES
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Advertising & Editorial DisclosureLast Updated: 1/6/2023
Edited By |
Scott Strandberg
Written By |
Mark Fitzpatrick
Farmers offers, on average, the cheapest car insurance in Midland, including for a state minimum policy. However, with a ticket, State Farm is the cheapest option. USAA may be the best choice for drivers in the military. MoneyGeek found that State Farm is the best insurer in Midland for balancing quality and affordability. Your profile and coverage determine your best choice.
bestauto insuranceMidlandThe Cheapest and Best Car Insurance in Midland
Cheapest Overall - Farmers
Cheapest State Minimum - Farmers
Cheapest With a Driving Violation - State Farm
Best Overall - State Farm
Methodology
Using the data collected from J.D. Power, AM Best and the National Association of Insurance Commissioners (NAIC), MoneyGeek ranked Midland's auto insurance providers.
The Cheapest Car Insurance Companies in Midland
On average, the most affordable insurance companies for a full coverage policy in Midland are:
- Farmers: $668 per year
- State Farm: $740 per year
USAA has a competitively priced full coverage policy at around $727 per year, but you need to have a military background to be eligible.
Farmers is 225% cheaper than The General, the most expensive full coverage policy in Midland at roughly $2,171 per year.
Full coverage policy rates may differ depending on the liability coverage you select, but the policy does include comprehensive and collision coverage.
Cheapest Car Insurance in Midland
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$668
- 2.$727
- 3.$740
- 4.$748
- 5.$909
Rates in this analysis are based on a sample profile for a 40-year-old male driver in Midland with a full coverage policy, as described in MoneyGeek’s methodology.
A full coverage policy in Midland costs more than a minimum liability policy because it offers liability and comprehensive and collision coverage, which are valuable for protecting your vehicle.
- Collision coverage: covers damage to your car in case of a collision with another vehicle or object
- Comprehensive coverage: covers non-collision damage or loss
With an older car, the cost of a full coverage policy may be higher than the car’s value. In that case, a minimum coverage or liability-only policy may be more cost-effective.
Compare Car Insurance Rates in Midland
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Midland for Minimum Coverage
The cheapest auto insurance policy available in Midland is a minimum coverage policy. However, since minimum coverage does not include collision and comprehensive insurance and carries low liability limits, you have limited protection.
The most affordable auto insurers in Midland for a minimum coverage policy, on average, are:
- Farmers: $322 per year
- GEICO: $371 per year
With a military background, you may qualify for a USAA minimum coverage policy, which is around $305 per year.
Farmers, the cheapest widely available option, is roughly $688 less than The General, the most expensive minimum coverage policy in Midland at $1,010 yearly.
Toggle the table below to see how much higher liability coverage costs.
Cheapest Minimum Liability Car Insurance in Midland
State Minimum
- CompanyState Minimumper year
- 1.$305
- 2.$322
- 3.$371
- 4.$385
- 5.$407
A state minimum coverage policy in Midland is the cheapest and budget-friendly but offers limited protection. It only includes the minimum liability coverage required in Texas, 30/60/25. That means you risk incurring high out-of-pocket costs in an accident.
For instance, the state minimum policy has $60,000 in total bodily injury coverage. If you cause an accident where the medical expenses are $75,000, you must pay $15,000 out of pocket.
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.
Cheapest Car Insurance in Midland if You Have Driving Violations
Drivers in Midland with violations like a DUI, ticket or an at-fault accident pay more for car insurance. Depending on the violation, the most affordable insurers in Midland, on average, are:
- Cheapest after a ticket: State Farm, $740 per year
- Cheapest after an at-fault accident: State Farm, $890 per year
- Cheapest after a DUI: Esurance, $932 per year
Improving your driving record in Midland over time will help you get cheaper car insurance rates. For now, it pays to shop around and compare rates to find the cheapest insurers for drivers with violations.
Cheapest Car Insurance in Midland With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$740
- 2.$814
- 3.$873
- 4.$874
- 5.$932
Average Cost of Car Insurance in Midland
Midland$1,054
Texas$1,316
U.S.$1,424
The average car insurance rate in Midland is $1,054 per year. It is cheaper than both the state and national average.
In comparison, the city’s average annual rate is 19.9% cheaper than the state average of $1,316. Midland drivers also typically pay 26% less than the national average of $1,424 for auto insurance. That means auto insurance prices for Midland drivers are generally cheaper than elsewhere in the state.
Personalized Quotes to Get You the Cheapest Car Insurance in Midland
Car insurance companies in Midland calculate premiums using different details, such as age, ZIP code, driving history, coverage level and credit score. A change in any of these circumstances can affect your insurance rates. We suggest that you compare car insurance rates regularly to find out if you qualify for discounts, rebates or other savings.
Compare Car Insurance Rates in Midland
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Midland
MoneyGeek assessed Midland’s car insurance companies based on their average premiums, claims ratings and customer satisfaction scores. The following are the best car insurance providers in Midland, according to our analysis:
- State Farm: MoneyGeek score of 94 out of 100
- Farmers: MoneyGeek score of 93 out of 100
With a very high score of 95 out of 100, USAA is the top car insurance company in Midland. That said, we opted not to place USAA on our list of the best firms since it only sells insurance to retired and active military personnel, as well as their families.
1
State Farm
Score:94
In Midland, State Farm achieved a perfect stability rating as well as high scores in affordability, customer satisfaction and claims. Its full coverage policy costs around $740 per year on average. State Farm offers rideshare insurance as an uncommon add-on coverage.
More About State Farm
When you have State Farm's rideshare insurance, your medical, rental car reimbursement and roadside assistance coverage will continue to apply when you drive for a ridesharing company. This insurance protects you while you wait for a rider to hire you and bridges the insurance gap between getting hired and starting a ride. In addition, State Farm also offers roadside assistance and rental car and/or travel reimbursement coverages.
Read MoneyGeek's State Farm auto Insurance Review2
Farmers
Score:93
In Midland, Farmers received high scores in affordability, claims, user satisfaction and stability. Its full coverage policy costs around $668 per year on average in the city. It offers unique add-on coverages like glass deductible modification.
More About Farmers
If you have Farmers’ glass deductible modification coverage, the comprehensive deductible will be reduced to $100 if the damage is limited to glass. Its original equipment manufacturer coverage covers the expenses of using factory-original components in eligible repairs for cars up to 10 years old. Farmers' custom parts coverage covers the costs associated with replacing or repairing aftermarket equipment, such as infotainment systems and custom wheels.
Read MoneyGeek's Farmers auto Insurance Review3
GEICO
Score:91
4
AAA
Score:81
5
Allstate
Score:77
6
Nationwide
Score:74
7
Mercury
Score:60
8
Esurance
Score:58
9
MetLife
Score:43
10
The General
Score:0.4
Average Cost of Car Insurance by Postal Code
The area that you live in will also play a role in determining car insurance quotes in Midland. Insurance providers evaluate ZIP code crime rates, the number of accidents and amount of uninsured drivers in the area.
Average car insurance rates in Texas vary depending on ZIP code. Neighborhood 79705 has the most affordable rate at $1,039 per year, whereas drivers living in ZIP code 79707 typically pay $1,069 per year, a difference of $30.
- Zip CodeState Minimumper year
- 79705$1,039
- 79707$1,069
Factors That Impact Insurance Costs in Midland
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 Midland. How Midland ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
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