Where you live matters when it comes to auto insurance premiums. In fact, location is among the various factors that car insurance companies use to determine the cost of an individual’s annual premium. Individualized factors also have an impact on premiums. Getting a personalized quote based on your location and specific circumstances can help you find the best car insurance in Plano.
Compare the Cheapest Car Insurance Quotes in Plano, TX
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Average Cost of Car Insurance in Plano
Plano$1,242
Texas$1,316
U.S.$1,424
The average car insurance rate in Plano is $1,242 per year. That is slightly cheaper than both the average state and national annual premiums. Plano policyholders pay about 5.6% less than the $1,316 Texas average. Drivers in the city also pay about 12.8% less than the nationwide average of $1,424.
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The Best Cheap Car Insurance Companies in Plano
Farmers has the cheapest car insurance in Plano. Drivers who have a policy from this provider typically pay an average of $788 per year, which is about $455 less than the city average. Joining Farmers as the top five most affordable carriers in the city are USAA, State Farm, GEICO and AAA. The most expensive rate comes from The General at $2,332 per year on average — this rate is nearly triple that of Farmers.
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- CompanyAmountper year
- 1. Farmers$788
- 2. USAA$818
- 3. State Farm$879
- 4. GEICO$924
- 5. AAA$1,066
Personalized Quotes to Get You the Cheapest Car Insurance in Plano
Individualized factors, such as age, driving history, credit score, driving experience, gender, marital status and car make and model help car insurance companies in Plano calculate rates. For example, a 40-year-old male has an average annual premium of $924 from GEICO, but an 18-year-old male will have to pay more than twice that amount for a similar policy.
Since your circumstances may change, it’s best to get personalized quotes and compare premiums from multiple carriers. This way, you can also find out if you qualify for any discounts, rebates or savings.
Compare Car Insurance Rates in Plano
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Plano by Coverage Amount
How much car insurance coverage you purchase in Plano also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.
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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.
Getting state minimum liability coverage will allow you to claim up to $30,000 for bodily injuries per person, $60,000 total per vehicle and $25,000 for property damage. Car insurance companies in Plano also offer 50/100/50 liability-only and full-coverage plans. The provider that has the least amount of difference between the costs of these two options is Esurance. The annual premium for its liability-only policy is an average of $709, but if you add around $252, you can get full coverage. You can also choose 100/300/100 full coverage for comprehensive protection. The cheapest rate for this option is from Farmers, at an average of $788 per year.
Average Car Insurance Premiums by Coverage Type
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1. Farmers$422$446
- 2. USAA$407$444
- 3. State Farm$489$546
- 4. GEICO$522$567
- 5. AAA$553$614
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1. Farmers$744$788
- 2. USAA$752$818
- 3. State Farm$807$879
- 4. GEICO$847$924
- 5. AAA$987$1,066
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Cheapest Car Insurance in Plano if You Have Tickets
Another crucial factor that car insurance companies in Plano evaluate is your driving history. Generally, responsible drivers with clean records will have access to cheap car insurance in Plano. Moving violations, such as speeding tickets, DUIs and at-fault accidents, can lead to insurance rate hikes.
For example, if you have no violations in your driving record, you can get a $788 average annual premium from Farmers. However, your rate will increase by around $242 if you have a speeding ticket. If you have a DUI on your record, the cost of your car insurance will be an average of $1,160.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1. Farmers$1,030$1,122$1,160
- 2. USAA$917$1,281$1,220
- 3. State Farm$879$1,071$1,518
- 4. GEICO$1,082$1,304$1,610
- 5. AAA$1,398$1,548$1,627
Average Cost of Car Insurance by Postal Code
Car insurance companies in Plano also consider your ZIP code to determine annual premium rates. They use statistical data, such as accident and crime rates in the area, to influence their rates. However, region-based rates don't have a large difference in Plano.
The average annual premium based on ZIP code ranges from $1,236 to $1,250, which means that the difference between the cheapest (75025) and the most expensive (75093) regions for auto coverage is just $14.
- Zip CodeState Minimumper year
- 75025$1,236
- 75074$1,242
- 75093$1,250
top ratedCar Insurance agentsPlano2021Top Agents Offering Affordable Car Insurance in Plano
1. John Kraft - State Farm Insurance Agent10185 Custer Rd, Suite 100, Plano, TX, 75025
2. Dean Insurance Group5600 Tennyson Pkwy, Ste 285, Plano, TX, 75024
3. Matt Lohoefer Insurance5805 Coit Rd, Ste 401, Plano, TX, 75093
4. Darin McCullough - State Farm Insurance Agent1445 Los Rios Blvd, Ste 203, Plano, TX, 75074
5. Sterling Insurance Group3415 Custer Rd, Ste 161, Plano, TX, 75023
Insurance Providers That Serve Plano
Factors That Impact Insurance Costs in Plano
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 Plano. How Plano ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Shopping around for car insurance in Plano could save you $455, which is enough to buy:
152Cups of Coffee
35Months of Your Favorite Streaming Service
Methodology and Assumptions
MoneyGeek’s average premium rates for Plano 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.
Compare Car Insurance Rates in Plano
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
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