Cheapest and Best Car Insurance in Round Rock, TX (August 2024)

Your preferences and needs should be considered when looking for the best car insurance policy. Texas Farm Bureau offers Round Rock, Texas, the cheapest minimum and full coverage car insurance. For families with teens, Nationwide is the most cost-effective option, while Chubb is the best overall car insurance that balances top-tier service and value.

MoneyGeek found that Texas Farm Bureau offers Round Rock drivers the most affordable minimum coverage car insurance.

• Texas Farm Bureau: $292 per year
• State Farm: $433 per year

In stark contrast, Dairyland has the most expensive minimum coverage policy, with an annual premium of $2,057. When there's a significant gap between the cheapest and the most expensive, comparing car insurance rates is vital to securing the best financial deal.

For drivers in Round Rock, minimum car insurance coverage is mandated by Texas law:

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

Suppose you're carrying minimum coverage and got involved in an accident that caused $45,000 in bodily injury to one person. Your insurance would cover up to $30,000, with the remaining $15,000 coming out of your pocket. Going beyond the mandated limits can mean less worry about your finances post-accident.

MoneyGeek found that Texas Farm Bureau has the cheapest full coverage car insurance in Round Rock.

• Texas Farm Bureau: $645 per year
• State Farm: $953 per year

Dairyland has the most expensive full coverage policy at $3,913 annually — a difference of $3,268 from Texas Farm Bureau's rate. Due to its comprehensive protection, full coverage car insurance costs more than minimum coverage, but it's important to compare rates when choosing insurers.

A full coverage policy includes coverage for damage to your vehicle in the form of comprehensive and collision coverages. It usually also includes increased liability limits.

• Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another car or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.
• Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

If you have a new vehicle, are on a lease or have a car loan, you are required to have full coverage insurance. However, for older models, the additional expense of extensive coverage might provide little value for money. Know how much car insurance you need by balancing the benefits of comprehensive protection and the cost of higher premiums.

MoneyGeek found that the cheapest company for drivers with a poor driving record in Round Rock is Texas Farm Bureau:

• Speeding Ticket: $645 per year
• At-Fault Accident: $1,062 per year
• DUI: $1,221 per year

Dairyland consistently ranks as the most expensive option. Its annual rates differ significantly between incidents, with the cheapest policy after a speeding ticket being $645 and $1,221 after a DUI; the difference underscores how the severity of the violation impacts insurance premiums.

In cities like Round Rock, the gravity of the driving violation increases the risk insurers face, leading to higher rates. For instance, drivers with a DUI can expect an annual rate of $3,266, while those caught speeding might see around $2,651. Drivers with infractions must diligently compare insurance rates to secure the most affordable coverage.

MoneyGeek found that Nationwide is the cheapest car insurance for teens and families in Round Rock.

• Nationwide: $1,327 per year for female teens and $1,513 per year for male teens
• State Farm: $1,731 per year for female teens and $2,093 per year for male teens

These policy rates cover two parents and a teenager. Allstate's annual premium is the most expensive, with female teens quoted at $5,945. This stark difference of $4,618 compared to Nationwide, plus teenagers being considered higher-risk drivers, highlights the need to shop to lessen family auto insurance costs.

Teen car insurance costs are lower when covered under a family policy. The average annual premium for individual teen insurance is a steep $6,491 but only $3,330 when incorporated into a family plan. Obtaining an individual policy is also challenging for teen drivers because they are deemed high-risk. Insurers prefer the shared risk and established history present in family plans.

MoneyGeek found that Texas Farm Bureau offers the most affordable full coverage car insurance for those with military backgrounds in Round Rock.

• Texas Farm Bureau: $644 per year
• State Farm: $953 per year

It is worth noting that USAA comes in third place with an annual premium of $974. USAA is renowned for its exceptional service, catering to active-duty military members.

Finding the best car insurance rates in Round Rock is key to cost savings, but comparing so many can take hours. MoneyGeek's car insurance calculator streamlines the comparison by targeting crucial factors such as age, driving history, credit score, coverage preferences and other details. Get your tailored rate estimate in no time.

The best auto insurance depends on service quality, cost, coverage options and other factors. MoneyGeek ranks Chubb as Round Rock's top car insurer for different needs:

• Best overall: 90 out of 100
• Best for service: 92 out of 100
• Best cheap: 89 out of 100

Chubb presents top-notch service and maintains quality while being cost-effective.

MoneyGeek found that Chubb is the overall best car insurance in Round Rock.

• Chubb: MoneyGeek score of 90 out of 100 ($1,605 per year)
• State Farm: MoneyGeek score of 74 out of 100 ($953 per year)

Chubb's customer satisfaction and claims contribute to its overall score, but its quality and affordability also deserve attention.

MoneyGeek found that Chubb is the best option in Round Rock for outstanding car insurance customer service.

• Chubb: MoneyGeek score of 92 out of 100 ($1,605 per year)
• Foremost: MoneyGeek score of 77 out of 100 ($2,260 per year)

Chubb stands out not only for its superior customer satisfaction and claims handling but also for its breadth of coverage. The company's high stability score also contributes to its top position.

MoneyGeek found that Chubb is the best cheap car insurance in Round Rock without compromising on quality.

• Chubb: MoneyGeek score of 89 out of 100 ($758 per year)
• Mercury: MoneyGeek score of 77 out of 100 ($442 per year)

Chubb's ability to deliver remarkable service quality alongside exceptional value for a minimum coverage makes it a leader in the space.

In Round Rock, the average cost of car insurance is $1,620, below the average price for Texas, which is $1,782. The Lone Star State's average premium is just $1 shy of the national average of $1,781.

Location is one of many factors determining car insurance rates, with others being an individual's driving record, vehicle type and coverage preferences. Insurance providers consider the frequency of claims, theft rates and laws of an area, which can vary widely. For example, Wichita Falls boasts the cheapest premium at $1,414 in Texas, while Houston ranks the most expensive at $2,177, showing a stark difference even within the state. Rural areas with lower traffic density may also have lower rates than cities.