In Plano, Texas, Texas Farm Bureau offers the lowest rates for full and minimum coverage car insurance. Nationwide is the most affordable for families with teens. Chubb stands out for customer service and value and is the best overall. The ideal insurer for you hinges on personal preferences and coverage needs.
Cheapest and Best Car Insurance in Plano, TX (August 2024)
Texas Farm Bureau has the cheapest minimum coverage in Plano, at around $382 annually. Chubb is the best for service and value, with a MoneyGeek score of 91 out of 100.
Mark Fitzpatrick
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
Mark Friedlander
Director, Corporate Communications, Insurance Information Institute
Mark Friedlander has over 30 years of experience in financial services and insurance. He is the Director of Corporate Communications at the [Insurance Information Institute (III)](https://www.iii.org/) — a New York-based nonprofit research and education organization focused on providing consumers with a better understanding of insurance — serving as a national insurance industry media spokesperson for broadcast, digital and print outlets. Before joining the III, Friedlander held senior communications roles at Main Street America Insurance, Arthur Andersen LLP and Prudential Financial. His recent contributions and appearances include The Washington Post, The New York Times, Bloomberg, CNN, Fox Weather, the Associated Press, Reuters, National Public Radio (NPR), NBC News, ABC News, CNBC and many more national and regional news outlets. Friedlander holds a bachelor's degree in journalism and public relations from the Ohio State University.
Denise Cristobal
Content Editor
Denise Cristobal is a MoneyGeek content editor with over 14 years of experience in writing, proofreading and copy editing. She has worked with various nonprofits (Chamber of Commerce, Environmental Conservation and Education and Literacy Development) to develop content that furthers their goals and causes. Denise has written on topics including women’s issues, mental health and fitness, among others.
Mark Fitzpatrick
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
Mark Friedlander
Director, Corporate Communications, Insurance Information Institute
Mark Friedlander has over 30 years of experience in financial services and insurance. He is the Director of Corporate Communications at the [Insurance Information Institute (III)](https://www.iii.org/) — a New York-based nonprofit research and education organization focused on providing consumers with a better understanding of insurance — serving as a national insurance industry media spokesperson for broadcast, digital and print outlets. Before joining the III, Friedlander held senior communications roles at Main Street America Insurance, Arthur Andersen LLP and Prudential Financial. His recent contributions and appearances include The Washington Post, The New York Times, Bloomberg, CNN, Fox Weather, the Associated Press, Reuters, National Public Radio (NPR), NBC News, ABC News, CNBC and many more national and regional news outlets. Friedlander holds a bachelor's degree in journalism and public relations from the Ohio State University.
Denise Cristobal
Content Editor
Denise Cristobal is a MoneyGeek content editor with over 14 years of experience in writing, proofreading and copy editing. She has worked with various nonprofits (Chamber of Commerce, Environmental Conservation and Education and Literacy Development) to develop content that furthers their goals and causes. Denise has written on topics including women’s issues, mental health and fitness, among others.
Updated: October 3, 2024
Advertising & Editorial Disclosure
Cheapest and Best Car Insurance in Plano
Why Trust MoneyGeek? We analyzed 328,384 quotes in Texas from 14 companies, used six sources and conducted original research to rate the cheapest companies and develop a scoring system for Plano insurance providers based on ZIP codes in the city only. Our scores are based on affordability, customer satisfaction, claims experience, coverages offered and financial stability.
These rates reflect the cheapest car insurance quotes in Plano, TX, as of August 2024.
Cheapest Minimum Coverage Car Insurance in Plano
MoneyGeek found that Texas Farm Bureau offers the cheapest car insurance with minimum coverage in Plano. Here are the annual premiums of the two most cost-effective providers:
- Texas Farm Bureau: $382 per year
- State Farm: $490 per year
Dairyland has the highest price for the minimum coverage in Plano, with an average annual premium of $2,326. That's a $1,944 difference compared to Texas Farm Bureau, highlighting the importance of comparing rates to find the best deal on car insurance.
- 22-29
- 30-59
- 60 +
- Full Coverage
- Minimum Coverage
Texas Farm Bureau | Annual Premium$382 | Monthly Premium$32 |
State Farm | Annual Premium$490 | Monthly Premium$41 |
Mercury | Annual Premium$502 | Monthly Premium$42 |
Progressive | Annual Premium$637 | Monthly Premium$53 |
National General | Annual Premium$679 | Monthly Premium$57 |
AAA Texas | Annual Premium$729 | Monthly Premium$61 |
GEICO | Annual Premium$832 | Monthly Premium$69 |
Allstate | Annual Premium$863 | Monthly Premium$72 |
Chubb | Annual Premium$873 | Monthly Premium$73 |
Nationwide | Annual Premium$1,176 | Monthly Premium$98 |
Foremost | Annual Premium$1,226 | Monthly Premium$102 |
Dairyland | Annual Premium$2,326 | Monthly Premium$194 |
State Minimum Liability Requirements
In every city in Texas, car insurance is ruled by state-mandated minimums. These are the required limits:
- $30,000 bodily injury per person
- $60,000 bodily injury per accident
- $25,000 property damage liability per accident
These figures represent baseline security. If you're liable for an accident, your insurer will cover up to $30,000 for an individual's injuries and up to $60,000 for injuries in one accident. But if the cost for a single person's injuries exceeds $30,000, the remaining balance would come from your pocket.
Cheapest Full Coverage Car Insurance in Plano
MoneyGeek found that Texas Farm Bureau offers the cheapest full coverage car insurance in Plano.
- Texas Farm Bureau: $789 per year
- State Farm: $1008 per year
Dairyland has the most costly full coverage policy in Plano, with an average annual premium of $4,442 — a substantial $3,653 difference from the most affordable option. This rate gap highlights the importance of shopping around, as full coverage policies, which include comprehensive and collision insurance, cost more than minimum coverage due to the broader protection they offer.
- 22-29
- 30-59
- 60 +
- Full Coverage
- Minimum Coverage
Texas Farm Bureau | Annual Premium$789 | Monthly Premium$66 |
State Farm | Annual Premium$1,008 | Monthly Premium$84 |
Progressive | Annual Premium$1,303 | Monthly Premium$109 |
National General | Annual Premium$1,413 | Monthly Premium$118 |
AAA Texas | Annual Premium$1,433 | Monthly Premium$119 |
GEICO | Annual Premium$1,508 | Monthly Premium$126 |
Allstate | Annual Premium$1,622 | Monthly Premium$135 |
Chubb | Annual Premium$1,740 | Monthly Premium$145 |
Mercury | Annual Premium$1,921 | Monthly Premium$160 |
Nationwide | Annual Premium$2,134 | Monthly Premium$178 |
Foremost | Annual Premium$2,507 | Monthly Premium$209 |
Dairyland | Annual Premium$4,442 | Monthly Premium$370 |
Do You Need Full Coverage in Texas?
The comprehensive nature of full coverage policies extends beyond increased liability limits and incorporates comprehensive and collision insurance.
Collision Insurance: This provision covers the repair of your automobile if it collides with another vehicle or object, such as a tree or light pole. It also covers rollover accidents and pothole damage.
Comprehensive Insurance: This form of protection covers the costs of damages to your car from non-collision-related incidents, such as theft, vandalism, fires, natural disasters or being hit by an animal like a deer.
Choosing full coverage insurance is prudent for safeguarding the value of a new automobile. Conversely, for those owning older models, the added coverage might not justify the additional expense, which can reach into the hundreds. Gauging how much car insurance you need involves weighing higher coverage against increased premiums and ensuring adequate protection to avoid being underinsured.
Cheapest Car Insurance in Plano After a Driving Offense Cheapest After Driving Offense
MoneyGeek found that the cheapest option for Plano drivers with a poor driving record seeking full coverage insurance varies based on the infraction. The most affordable providers for each type of offense are:
- Speeding Ticket: Texas Farm Bureau ($789 per year)
- At-Fault Accident: State Farm ($1,262 per year)
- DUI: Progressive ($1,554 per year)
Dairyland is the most expensive option for all three infractions, at around $5,537 per year for speeding, $6,280 for an at-fault accident and $4,494 for a DUI. The $765 rate discrepancy between the cheapest company after a speeding ticket and after a DUI is noteworthy, demonstrating the effect that the gravity of a violation can have on car insurance premiums.
- 22-29
- 30-59
- 60 +
- Full Coverage
- Minimum Coverage
- Accident
- DUI
- Speeding
State Farm | Annual Premium$1,262 | Monthly Premium$105 |
Texas Farm Bureau | Annual Premium$1,327 | Monthly Premium$111 |
AAA Texas | Annual Premium$2,072 | Monthly Premium$173 |
GEICO | Annual Premium$2,134 | Monthly Premium$178 |
Progressive | Annual Premium$2,158 | Monthly Premium$180 |
National General | Annual Premium$2,232 | Monthly Premium$186 |
Allstate | Annual Premium$2,654 | Monthly Premium$221 |
Chubb | Annual Premium$2,723 | Monthly Premium$227 |
Nationwide | Annual Premium$3,192 | Monthly Premium$266 |
Mercury | Annual Premium$3,841 | Monthly Premium$320 |
Foremost | Annual Premium$5,541 | Monthly Premium$462 |
Dairyland | Annual Premium$6,280 | Monthly Premium$523 |
In Plano and similar cities, your driving record plays a significant role in determining insurance premiums. Serious offenses lead to higher rates to account for increased risk. For example, drivers with a DUI face an average annual rate of $3,676, while those with a speeding ticket incur a lower cost of around $2,959. Individuals with driving infractions should diligently compare insurance quotes to secure financial savings, as premiums can vary considerably based on your driving history.
Cheapest Car Insurance in Plano for Teens and Their Families
MoneyGeek found that Nationwide offers the most affordable option for families seeking the cheapest car insurance for teens in Plano. Here are the most affordable providers in Plano:
- Nationwide: $1,620 per year for female teens and $1,847 per year for male teens
- State Farm: $1,840 per year for female teens and $2,225 per year for male teens
These rates represent the cost of a family policy that includes two parents and a teen driver. Allstate is the most expensive company for insuring teen drivers in Plano, with an average annual premium of $6,228 for female teens — more than three times Nationwide's quote. This stark contrast underscores the importance of comparing quotes, as it can lead to significant savings for families when teen drivers are considered higher risk and more costly to insure.
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- Female
- Male
Nationwide | Family Plan Annual Premium$1,620 | Individual Plan Monthly Premium$4,010 |
State Farm | Family Plan Annual Premium$1,840 | Individual Plan Monthly Premium$2,583 |
GEICO | Family Plan Annual Premium$2,440 | Individual Plan Monthly Premium$3,378 |
Foremost | Family Plan Annual Premium$3,383 | Individual Plan Monthly Premium$9,562 |
Progressive | Family Plan Annual Premium$3,617 | Individual Plan Monthly Premium$10,778 |
Allstate | Family Plan Annual Premium$6,228 | Individual Plan Monthly Premium$7,243 |
In Plano and other cities across the U.S., teen drivers can expect significantly higher insurance rates when purchasing an individual car insurance policy. A teen's individual annual premium costs around $7,041, compared to $3,581 if added to a family's plan. The difference in rates reflects the higher risks associated with teenage drivers, including inexperience and a higher probability of accidents. Due to these risks, insurers often hesitate to offer individual policies to teens, making a joint family policy more cost-effective and accessible.
Cheapest Car Insurance in Plano for Military Drivers
MoneyGeek found that Texas Farm Bureau offers the cheapest car insurance for military backgrounds in Plano. These providers can help you secure your vehicle affordably:
- Texas Farm Bureau: $789 per year
- State Farm: $1,008 per year
Although USAA is not the cheapest company, ranking third with an average annual premium of $1,054, it is also a competitive option. It caters to the unique needs of active duty service members, making it a top consideration for military personnel.
- 22-29
- 30-59
- 60 +
- Full Coverage
- Minimum Coverage
Texas Farm Bureau | Annual Premium$789 | Monthly Premium$66 |
State Farm | Annual Premium$1,008 | Monthly Premium$84 |
USAA | Annual Premium$1,054 | Monthly Premium$88 |
Progressive | Annual Premium$1,303 | Monthly Premium$109 |
National General | Annual Premium$1,413 | Monthly Premium$118 |
AAA Texas | Annual Premium$1,433 | Monthly Premium$119 |
GEICO | Annual Premium$1,508 | Monthly Premium$126 |
Allstate | Annual Premium$1,622 | Monthly Premium$135 |
Chubb | Annual Premium$1,740 | Monthly Premium$145 |
Mercury | Annual Premium$1,921 | Monthly Premium$160 |
Nationwide | Annual Premium$2,134 | Monthly Premium$178 |
Foremost | Annual Premium$2,507 | Monthly Premium$209 |
Dairyland | Annual Premium$4,442 | Monthly Premium$370 |
How to Compare Cheap Plano Car Insurance Quotes Online
Securing the best car insurance rates in Plano can equate to notable savings. However, this process traditionally requires a commitment of over 15 minutes per insurer, and it takes more than an hour when evaluating three or more companies.
MoneyGeek's car insurance calculator streamlines this process, instantly pinpointing the most impactful factors influencing Plano’s insurance costs. You'll swiftly receive tailored rate estimates by inputting your age, driving history, credit score and coverage preferences, balancing thoroughness with time efficiency.
Car Insurance Calculator
MoneyGeek's car insurance calculator will give you a customized estimate of your auto insurance cost. It's free to use, requires no personal information and we won't send you any spam.
Rates updated:
Oct 08, 2024
Although MoneyGeek partners with some of the companies we recommend, our content is written and reviewed by an independent team of writers, editors and licensed agents. Learn more about our editorial policies and expert editorial team.
Best Car Insurance in Plano: Overview
Choosing the right auto insurance is a personalized decision, with factors like service quality, cost, coverage options and other variables playing pivotal roles. MoneyGeek has extensively researched and evaluated different insurance providers in Plano using distinct scoring systems for each category.
- Best overall: Chubb (MoneyGeek score 91 out of 100)
- Best for service: Chubb (MoneyGeek score 92 out of 100)
- Best cheap: Chubb (MoneyGeek score 89 out of 100)
Chubb is the winner across all three categories, delivering exceptional value, top-notch service and affordability without compromising service quality. For Plano residents, Chubb is the best-rounded choice, offering a blend of dependability and cost-effectiveness.
Overall Best Car Insurance in Plano
MoneyGeek found that Chubb is the best option for car insurance in Plano, offering an exceptional full coverage policy. The top two providers in Plano are as follows:
- Chubb: MoneyGeek score of 91 out of 100 ($1,740 per year)
- State Farm: MoneyGeek score of 74 out of 100 ($1,008 per year)
Chubb distinguishes itself primarily through its superior customer satisfaction and claims handling process, as indicated by its high scores in these categories. Drivers in Plano looking for the best car insurance can expect a blend of excellent service and comprehensive coverage with Chubb.
Chubb's high Moneygeek score is driven by its near-perfect claims and competitive coverage scores. Chubb offers rental car and/or travel reimbursement, a common coverage that provides essential services in cases of vehicle trouble or accidents.
Chubb's OEM coverage ensures that repairs use original equipment manufacturer parts in case of a covered accident. This coverage is particularly beneficial for drivers seeking assurance that their vehicle remains as close to its original state post-repair. The company also includes diminished value coverage in its comprehensive package. Chubb's offerings and high scores further reinforce its value, making it a strong contender in the insurance market despite minor coverage gaps.
Ranks No. 1 in Plano for claims handling
Ranks No. 2 in Plano for key coverages
Offers rare coverages like OEM coverage
Ranks No. 2 in Plano for customer satisfaction
Ranks No. 8 in Plano for affordability
Does not offer gap insurance
MoneyGeek rates Plano's car insurance by focusing on customer satisfaction and cost. We also evaluate claims processing, coverage options and company stability.
Best Car Insurance in Plano for Customer Service
MoneyGeek found that Chubb is the best option in Plano for car insurance in terms of customer service. This distinction comes from its impressive collective performance in general satisfaction, claims handling and coverage options.
- Chubb: MoneyGeek score of 92 out of 100 ($1,740 per year)
- Foremost: MoneyGeek score of 77 out of 100 ($2,507 per year)
Chubb excels in claims satisfaction, a vital factor for customers choosing an insurance provider. Its score reflects a balance of service quality, comprehensive coverage and financial stability.
Chubb's high MoneyGeek score is bolstered by its excellent satisfaction and claims handling. Although it doesn't offer roadside assistance, it does provide rental car and/or travel reimbursement. Drivers might also find gap insurance valuable, as the coverage can provide financial protection in the unfortunate event of a total loss.
Chubb provides an array of valuable coverages for drivers. Its original equipment manufacturer (OEM) coverage is a rare but widely applicable benefit that ensures repairs are made with factory-original parts, maintaining the integrity and value of the vehicle. For collectors or enthusiasts, antique/classic car insurance is tailored to protect vintage treasures. Diminished value coverage is a rare option that can protect drivers from value loss following an accident. These features and Chubb's top satisfaction, claims and coverage scores cement its position as a premier choice for discerning insurance customers.
Ranks No. 2 in Plano for general customer satisfaction
Ranks No. 1 in Plano for claims handling
Offers rare OEM coverage and common rental car/travel reimbursement
MoneyGeek ranks Plano's car insurers by prioritizing customer satisfaction and claims efficiency. Coverage options and financial health are also key.
Best Cheap Car Insurance in Plano
MoneyGeek found that Chubb offers the best option for affordable and reliable car insurance in Plano, taking into account cost, customer satisfaction and claims handling. The top performers with their respective MoneyGeek scores and annual premiums are:
- Chubb: MoneyGeek score of 89 out of 100 ($873 per year)
- Mercury: MoneyGeek score of 78 out of 100 ($502 per year)
Chubb's highest rank is primarily due to its exceptional customer satisfaction and claims scores. Its high stability score also indicates a strong financial health factor. While it may not be the least expensive, Chubb's score reflects the value consumers get for a minimum coverage policy.
Chubb leads with exceptional claims handling and coverage marks, significantly boosting its high MoneyGeek score. At an average annual premium of $873, the average driver enjoys the benefits of minimum coverage for less than $73 a month. Chubb's defensive driving and anti-theft system discounts are reasonably common incentives that reward rivers for safety and security measures.
Chubb's bundling discount underscores the company's commitment to affordability and value. Drivers can also avail of discounts such as an anti-lock brakes discount for added factory-installed safety features and a VIN etching discount for enhanced vehicle security. Chubb balances cost savings with stellar service and robust coverage options.
Ranks No. 1 in claims handling
Offers honing device and VIN etching discounts
Lacks common discounts: multiple car, safe driving
Ranks No. 9 in Plano for cost, with an average annual premium of $873
Ranks No. 2 for general customer satisfaction
MoneyGeek's best car insurance for Plano prioritizes affordable minimum coverage and satisfaction. Claims processing, coverage options and fiscal health are additional metrics.
Average Cost of Car Insurance in CITY Average Cost in Plano
In Plano, Texas, the average car insurance premium is $1,819. This premium is $37 more than the average car insurance cost in Texas, which is $1,782. In comparison, the Texas average is only $1 more than the national average of $1,781.
Car insurance premiums are based on various factors, including the driver's age, vehicle type, driving record and credit history. However, location plays an essential role because it encapsulates elements such as traffic density, risk of theft and the likelihood of accidents — all contributing to potential claims. According to MoneyGeek's data, Houston has the most expensive car insurance premium at around $2,177 per year. On the other hand, Wichita Falls has the cheapest premium at $1,414, which is $763 less than Houston's rate. These figures illustrate how insurance rates can differ within a single state. Less populous, more rural areas may experience even lower premiums.
Abilene | Annual Premium$1,484 |
Allen | Annual Premium$1,750 |
Amarillo | Annual Premium$1,790 |
Arlington | Annual Premium$1,740 |
Austin | Annual Premium$1,727 |
Beaumont | Annual Premium$1,851 |
Brownsville | Annual Premium$1,845 |
Carrollton | Annual Premium$1,882 |
College Station | Annual Premium$1,537 |
Corpus Christi | Annual Premium$1,664 |
Dallas | Annual Premium$1,966 |
Denton | Annual Premium$1,669 |
El Paso | Annual Premium$1,603 |
Fort Worth | Annual Premium$1,728 |
Frisco | Annual Premium$1,751 |
Garland | Annual Premium$1,971 |
Grand Prairie | Annual Premium$1,922 |
Houston | Annual Premium$2,177 |
Irving | Annual Premium$1,890 |
Killeen | Annual Premium$1,551 |
Laredo | Annual Premium$1,816 |
League City | Annual Premium$1,835 |
Lewisville | Annual Premium$1,700 |
Lubbock | Annual Premium$1,598 |
McAllen | Annual Premium$1,996 |
McKinney | Annual Premium$1,745 |
Mesquite | Annual Premium$1,960 |
Midland | Annual Premium$1,532 |
Odessa | Annual Premium$1,658 |
Pasadena | Annual Premium$1,906 |
Pearland | Annual Premium$1,967 |
Plano | Annual Premium$1,819 |
Richardson | Annual Premium$1,884 |
Round Rock | Annual Premium$1,620 |
San Angelo | Annual Premium$1,458 |
San Antonio | Annual Premium$1,791 |
Sugar Land | Annual Premium$1,868 |
The Woodlands | Annual Premium$1,877 |
Tyler | Annual Premium$1,635 |
Waco | Annual Premium$1,519 |
Wichita Falls | Annual Premium$1,414 |
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.