State Farm provides Waco's most affordable full coverage at $91 monthly and the city's cheapest minimum coverage at $39 per month. These rates reflect an adult driver with a clean driving record. Your age and driving history directly affect which provider gives you the lowest premium, so requesting quotes from multiple carriers shows your best available rate.
Cheapest Car Insurance in Waco (2026)
Updated: August 5, 2026
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Cheapest for Full Coverage: State Farm
- State Farm provides Waco's most affordable full coverage car insurance at $91 monthly and offers the cheapest minimum coverage at $39 per month.
- Read more on the cheapest full and minimum coverage options.
Cheapest for Young Drivers: GEICO
- GEICO leads Waco for drivers aged 16 to 25 with the lowest full coverage rates, while age remains a major factor in determining your car insurance costs. Seniors also get competitive rates through State Farm at $102 monthly.
- Read more about the cheapest insurance options in Waco for young drivers and other age groups.
Cheapest for Drivers With a DUI or Other Violations: State Farm
- Violations drive up premiums substantially in Waco, but State Farm offers the lowest rates for drivers with DUIs at $64 monthly for minimum coverage and provides the best rates for both speeding tickets and at-fault accidents.
- Learn more about how violations affect your rates and find the cheapest options for drivers with imperfect records.
Cheapest Waco Car Insurance for Full and Minimum Coverage
| State Farm | $91 | $39 | -41% |
| Geico | $99 | $49 | -32% |
| Mercury Insurance | $116 | $51 | -24% |
| AAA | $124 | $60 | -16% |
| Germania Insurance | $122 | $61 | -16% |
Average Car Insurance Costs in Waco and Texas
Waco drivers pay $64 per month for minimum coverage and $144 for full coverage. These rates sit slightly above Texas’s state averages of $61 for minimum coverage and $139 for full coverage.
Higher traffic density, elevated accident rates and increased vehicle theft contribute to Waco’s higher premiums. Comparing quotes from multiple insurers can help drivers find more competitive rates.
Data filtered by:
Full Coverage
| $144 | $139 |
Read More: The cheapest car insurance in Texas
Cheapest Waco Car Insurance by Age
Age changes the price of car insurance in Waco a lot, and younger drivers feel it the most. Across the top five cheapest insurers, drivers under 25 pay $261 a month on average. Adults pay $110, and seniors pay $135. Younger policyholders see these higher premiums because they have limited driving experience and higher accident rates.
Cheapest Waco car insurance by age:
- Young drivers: GEICO at $179 per month
- Adult drivers: State Farm at $91 per month
- Senior drivers: State Farm at $102 per month
Age becomes less of a factor in pricing as drivers rack up more time on the road. Insurers in Waco barely distinguish between a 40-year-old and a 70-year-old behind the wheel, which is why adult and senior rates come out so close to each other.
Cheapest Car Insurance in Waco for Young Drivers
Young drivers in Waco pay the highest car insurance costs, but GEICO's full-coverage rate of $179 a month, or $2,148 a year, comes in lower than most. Insurers see drivers ages 16 to 25 as the biggest risk, due to inexperience, frequent accidents and more traffic violations.
Young drivers average $261 a month, more than double the $110 adults pay.
Shopping around saves young Waco drivers $227 monthly when they choose GEICO over Chubb at $406 monthly. Adding young drivers to family policies costs less than separate coverage, but expect steep rates until age 25.
Note: Teen drivers must meet state licensing requirements and may need parental consent for coverage in Texas.
| Geico | $179 | $2,148 |
| State Farm | $204 | $2,445 |
| Germania Insurance | $234 | $2,812 |
| AAA | $280 | $3,361 |
| Chubb | $406 | $4,877 |
Cheapest Car Insurance in Waco for Senior Drivers
Waco seniors enjoy competitive car insurance rates because of their clean driving records and decades of experience. State Farm offers the most affordable coverage at $102 monthly or $1,225 annually for full coverage.
While drivers 65 and older get favorable pricing, some insurers may increase rates slightly for those over 70 due to slower reaction time concerns. Across the five cheapest providers, Waco's seniors average $135 monthly. That's just $25 above the $110 adult average, showing insurers value experienced drivers.
Choosing State Farm over Progressive at $169 monthly saves seniors $67 each month. Completing defensive driving courses or keeping annual mileage under 7,500 can qualify you for additional discounts.
| State Farm | $102 | $1,225 |
| Geico | $118 | $1,415 |
| Germania Insurance | $127 | $1,528 |
| AAA | $160 | $1,919 |
| Progressive | $169 | $2,026 |
Cheapest Car Insurance in Waco for Adult Drivers
Adults between ages 26 and 64 get the most competitive insurance rates in Waco. State Farm has the lowest premiums for this group, at $91 a month or $1,089 a year for full coverage. Years of driving experience and statistically lower accident rates, compared to both younger and older drivers, explain why this age group comes out ahead.
Across Waco's five most affordable insurers, this demographic averages $110 monthly. These are the best rates of any age category. State Farm costs $33 less per month than AAA's $124 rate. Clean driving records and policy bundling can lower premiums even further.
| State Farm | $91 | $1,089 |
| Geico | $99 | $1,192 |
| Mercury Insurance | $116 | $1,388 |
| Germania Insurance | $122 | $1,468 |
| AAA | $124 | $1,485 |
Cheapest Waco Car Insurance for Drivers With a DUI, Accident or Speeding Ticket
Driving violations push insurance costs up in Waco, and rates climb across all major insurers. State Farm has the most affordable rate for clean records, at $39 a month. That same $39 rate holds even with a speeding violation, and State Farm has the lowest DUI coverage too, at $64 a month.
The average cost across the five cheapest insurers shows the full financial impact. Rates start at $52 a month for clean records, then climb to $61 for speeding tickets, $66 for at-fault accidents and $77 for DUIs.
Dangerous behavior combined with serious legal consequences is why DUIs cause the steepest rate increases. This violation puts you in insurers' highest-risk category, and it can require SR-22 filing. At-fault accidents also push premiums higher, since they show you're capable of causing actual property damage or injury to others.
Data filtered by:
DUI
| State Farm | $64 | $765 |
| Mercury Insurance | $70 | $834 |
| Farmers | $72 | $861 |
| Geico | $85 | $1,021 |
| Progressive | $93 | $1,119 |
Waco Car Insurance Costs by ZIP Code
The cheapest ZIP code in Waco is 76712 at just $56 monthly, while the most expensive is 76706 at $168. Car insurance rates across the city span this wide range due to neighborhood differences. See your ZIP code's rate in the table below.
Waco's most populous areas are ZIP codes 76706, 76710 and 76701, where minimum coverage costs $168, $136 and $137 monthly. These rate differences stem from local risk factors like accident frequency, theft rates, population density and uninsured driver percentages in each area. Use the filter above the table to find your neighborhood and check your area's typical rate.
Data filtered by:
76701
| 76701 | $59 | $137 |
How to Get the Best Cheap Waco Car Insurance
Getting competitive rates and proper coverage in Waco comes down to knowing where to look and what to ask for.
- 1Know Your Coverage Needs
MoneyGeek's car insurance coverage needs calculator gives you customized advice. The right coverage amount keeps you from paying for extras you don't need, without leaving gaps that matter.
- 2Explore Different Coverage Types
Get to know the types of car insurance available in Waco. Pay-per-mile coverage makes sense if you drive infrequently, and non-owner policies work if you occasionally borrow vehicles.
- 3Check Average Costs in Your Area
Average vehicle insurance costs differ by Waco neighborhood, so it's worth checking yours. Crime rates, traffic patterns and weather risks all factor into why local rates vary from area to area.
- 4Find All Available Discounts
Insurers have plenty of car insurance discounts worth exploring. Bundling multiple policies or getting multi-car discounts can help too. Safe driver habits, student status and anti-theft equipment can also cut your bill.
- 5Research Insurance Company Ratings
Review company ratings and customer feedback for insurers serving Waco. Financial strength ratings show whether an insurer can actually pay claims, and customer reviews show what service quality looks like in practice.
- 6Get Quotes From Multiple Insurers
Request quotes from at least three different carriers in Waco. Rates vary between insurers for the same coverage, so shopping around can turn up substantial savings.
- 7Review Your Policy Annually
Set a yearly reminder to review your policy, so you stay competitive with current market rates. Your premiums and coverage needs can change over time as life changes, new discounts appear and the market shifts.
Cheap Waco Car Insurance: FAQ
State Farm is the cheapest insurer in Waco, with minimum coverage at $39 per month ($468 annually) and full coverage at $91 per month ($1,092 annually). Your rate will vary based on driving record and other personal factors, so it helps to compare quotes.
State Farm ranks first among Waco car insurance companies, with a MoneyGeek score of 95 out of 100, three points above GEICO. The company has strong marks for affordability and customer experience among local drivers.
Waco car insurance premiums cost $768 annually for minimum coverage and $1,728 for full coverage. Your actual rates depend on your personal details like driving record and credit score.
Yes, Waco ranks among Texas's most expensive cities for car insurance, placing 1091st for minimum coverage and 1017th for full coverage affordability statewide.
How We Figured Out the Cheapest Car Insurance in Waco, TX
Waco drivers pay some of Texas's highest car insurance rates, with premiums varying across the city's ZIP codes. We designed our research to find insurers offering the best rates for Waco's unique urban driving conditions. Read more on MoneyGeek's auto insurance analysis methodology.
About Mark Fitzpatrick
Mark Fitzpatrick, a licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident expert in insurance and economics. He has spent nearly a decade covering the market, first at LendingTree and now at MoneyGeek, where he analyzes hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
His work has appeared in The Washington Post, The New York Times and NPR. He draws on independent cost and consumer experience data, and no insurance company partnerships affect his recommendations.
Mark studied at Boston College before earning a master's in economics and international relations from Johns Hopkins University. Before MoneyGeek, he worked in financial risk management at State Street. He's also a five-time “Jeopardy!” champion.