Cheapest Car Insurance in Waco (2026)

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.

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.

Read More: The cheapest car insurance in Texas

Rates vary widely by age in Waco, with younger drivers paying the most. Across the top five cheapest insurers, drivers under 25 average $261 monthly, while adults pay $110 and seniors pay $135. Limited driving experience and higher accident rates explain these premium differences for younger policyholders.

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

Once drivers establish experience, age matters less in pricing decisions. The modest difference between adult and senior rates shows insurers view experienced drivers similarly whether they're 40 or 70 years old.

Young drivers in Waco pay the highest car insurance costs, but GEICO provides relief at $179 monthly or $2,148 annually for full coverage. Drivers ages 16 to 25 pay these high premiums because insurers see them as the biggest risk due to inexperience, frequent accidents and more traffic violations. 

The average monthly cost for young drivers reaches $261 compared to just $110 for adults, making youth rates more than double what experienced drivers 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.

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.

Adults between ages 26 and 64 enjoy the most competitive insurance rates in Waco, with State Farm offering the lowest premiums at $91 monthly or $1,089 annually for full coverage. This age group benefits from years of driving experience and statistically lower accident rates than both younger and older drivers. 

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.

Driving violations increase insurance costs in Waco, with rates climbing across all major insurers. State Farm leads with the most affordable rates for clean records at $39 monthly. The company maintains that same $39 rate even with a speeding violation and offers the lowest DUI coverage at $64 monthly.

Looking at the average cost across the five cheapest insurers reveals the real financial impact. Rates jump from $52 for clean records to $61 for speeding tickets, $66 for at-fault accidents and $77 for DUIs.

DUIs create the steepest rate increases because they combine dangerous behavior with serious legal consequences. This violation places you in insurers' highest-risk category and often requires SR-22 filing. At-fault accidents also push premiums higher since you've demonstrated the ability to cause actual property damage or injuries to others.

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.

Getting competitive rates and proper coverage in Waco comes down to knowing where to look and what to ask for.

Want to find affordable coverage in Waco? This FAQ offers clear answers about savings opportunities, state regulations and coverage types to help you choose the right policy for your situation.

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.