bestauto insuranceWichita FallsCompare the Cheapest Car Insurance Quotes in Wichita Falls, TX
At $1,052, the average annual car insurance rate in Wichita Falls is lower than the state average of $1,316. MoneyGeek's analysis found that GEICO is the cheapest widely available insurer in Wichita Falls and costs an average of $664 annually. MoneyGeek analyzed prices by driving profile and coverage levels. MoneyGeek also rated the best car insurance companies in Wichita Falls that balance affordable rates and quality service.
REVIEW AUTO INSURANCE RATES
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Advertising & Editorial DisclosureLast Updated: 1/10/2023
Edited By |
Ashley Jacobs
Written By |
Mark Fitzpatrick
The affordability of auto insurance policies depends on the insurance company you choose, your elected coverage and your driver profile. GEICO offers the cheapest, widely available full coverage and state minimum insurance in Wichita Falls. State Farm is the most affordable option for drivers with a speeding ticket. USAA is another option, but only for members of the military. MoneyGeek rated GEICO as the best overall car insurance company with its balance of affordability and quality customer service.
bestauto insuranceWichita FallsThe Cheapest and Best Car Insurance in Wichita Falls
Methodology
MoneyGeek scored auto insurers in Wichita Falls based on evaluations from J.D. Power, AM Best and the National Association of Insurance Commissioners (NAIC).
The Cheapest Car Insurance Companies in Wichita Falls
The following companies offer the cheapest full coverage car insurance in Wichita Falls:
- GEICO: $664 per year
- State Farm: $701 per year
For current and former military members and their families, USAA is another affordable insurance option with an average yearly premium of $663.
Compared to GEICO, you would have to pay nearly 214% more for a similar policy from The General, which at $2,084 per year is the most expensive car insurance company in Wichita Falls. A full coverage policy typically includes comprehensive and collision insurance, although the level of liability insurance you choose will change your quoted rate.
Cheapest Car Insurance in Wichita Falls
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$663
- 2.$664
- 3.$701
- 4.$727
- 5.$846
MoneyGeek collected auto insurance rates for a 40-year-old male driver with a full coverage policy in accordance with our methodology.
Full coverage policy includes comprehensive and collision insurance, making it more expensive than minimum coverage. In the event of a car accident, however, full coverage will protect you against the cost of damage to your vehicle.
- Comprehensive insurance: Pays to repair damage to your vehicle resulting from non-collision-related events, such as hail storms, fire and theft.
- Collision insurance: Pay to repair damage to your car if you are in an accident with another driver or hit a stationary object.
Liability-only or state minimum car insurance may make good financial sense if your car is an older model. That’s because premiums for full coverage can add up to more than the replacement value of your vehicle.
Compare Car Insurance Rates in Wichita Falls
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Wichita Falls for Minimum Coverage
Consider purchasing a policy with state minimum coverage or liability only if you want the cheapest deal. In Wichita Falls, the most affordable auto insurance companies offering this coverage are:
- GEICO: $346 per year
- State Farm: $356 per year
Drivers who are on active military duty or are veterans can opt for USAA, which provides the cheapest minimum coverage policy in Wichita Falls at an average of $272 per year.
You’ll save $506 with GEICO rather than The General, which offers similar coverage at a yearly premium of $852. Minimum coverage is the most affordable option, but it has low levels of liability coverage. Without comprehensive and collision insurance, you also risk not being fully covered in the event of an accident.
Check the table below to see how rates change with higher liability limits.
Cheapest Minimum Liability Car Insurance in Wichita Falls
State Minimum
- CompanyState Minimumper year
- 1.$272
- 2.$346
- 3.$356
- 4.$361
- 5.$385
The cheapest insurance you can purchase is a state minimum coverage policy. However, you may end up paying more if you carry this type of insurance since it only meets the state minimum car insurance requirements of 30/60/25.
For example, if you are at fault in an accident and the other driver has $40,000 in medical bills, your insurance will only cover $30,000 of that amount. You will be responsible for paying the balance of $10,000 yourself.
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.
Cheapest Car Insurance in Wichita Falls if You Have Driving Violations
Drivers with traffic violations have higher insurance rates than those with clean records. Violations can include anything from speeding tickets and DUIs to being found at fault in an accident. The following auto insurance companies in Wichita Falls offer the cheapest policies after a driving violation:
- Cheapest after a ticket: State Farm, $701 per year
- Cheapest after an at-fault accident: State Farm, $839 per year
- Cheapest after a DUI: Esurance, $926 per year
You may be able to lower your yearly premium by improving your driving history. In the meantime, shopping around is the best way to find which company in the city offers the best cheap car insurance for drivers with bad records.
Cheapest Car Insurance in Wichita Falls With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$701
- 2.$741
- 3.$772
- 4.$926
- 5.$947
Average Cost of Car Insurance in Wichita Falls
Wichita Falls$1,052
Texas$1,316
U.S.$1,424
Wichita Falls has a lower average car insurance rate than the state and national averages. The average rate of auto insurance in Wichita Falls is $1,052 per year. This is 20.1% lower than Florida's state average for a comparable policy, which is $1,316 per year. In comparison to the national average rate of $1,424, the average car insurance rate in Wichita Falls is 26.1% lower.
Personalized Quotes to Get You the Cheapest Car Insurance in Wichita Falls
Age, gender, ZIP code, credit score and more can impact car insurance rates in Wichita Falls. Obtaining quotes from multiple companies will assist you in determining which one offers the best rate. To ensure you get the best car insurance quote in Wichita Falls as well as any discounts you are eligible for, you need to regularly compare auto insurance rates.
Compare Car Insurance Rates in Wichita Falls
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Wichita Falls
MoneyGeek determined the best auto insurance companies in Wichita Falls by evaluating average cost, claims ratings and user satisfaction.
Based on their scores, the top car insurers are:
- State Farm: MoneyGeek score of 94 out of 100
- GEICO: MoneyGeek score of 93 out of 100
With an overall score of 97 out of 100, USAA is the best car insurance company in Wichita Falls. However, it was excluded from MoneyGeek’s rankings because it’s only available to military families.
1
State Farm
Score:94
A full coverage policy from State Farm costs an average of $701 per year in Wichita Falls. The company is the best auto insurer in the city, earning high scores on affordability, customer satisfaction and claims. It offers rideshare insurance.
More About State Farm
State Farm’s rideshare insurance in Wichita Falls is an add-on coverage that ensures that your car insurance policy's medical, roadside assistance and rental car reimbursement coverage remain in effect while you’re working for a ridesharing company. When you accept or are transporting a rider, all your coverages except liability insurance remain.
The company also has roadside assistance coverage, which covers the cost of mechanical labor, towing, delivery of gas and other items during a car breakdown.
Additionally, State Farm offers rental car and/or travel reimbursement to help pay for rental car expenses up to certain limits.
Read MoneyGeek's State Farm auto Insurance Review2
GEICO
Score:93
The second-best car insurance company in Wichita Falls, GEICO, offers full coverage policies at an average annual cost of $664. It has high scores on affordability, claims and customer satisfaction. You can purchase mechanical breakdown insurance from this insurer.
More About GEICO
GEICO’s mechanical breakdown insurance is available to new or leased cars in Wichita Falls that are less than 15 months old and with less than 15,000 miles. This optional coverage includes all parts and systems beyond the specific list of items covered by the dealer's warranty.
In addition, the company has accident forgiveness coverage that prevents an increase in your insurance rate after your first at-fault accident. You can purchase it or earn it if you’re over 21 and have been accident-free for five years or more.
Read MoneyGeek's GEICO auto Insurance Review3
Farmers
Score:88
4
AAA
Score:82
5
Allstate
Score:75
6
Nationwide
Score:68
7
Mercury
Score:62
8
Esurance
Score:59
9
MetLife
Score:36
10
The General
Score:9.2
Average Cost of Car Insurance by Postal Code
The ZIP code your car’s physical address belongs to will impact how much your insurance premiums cost. Insurance companies consider risk factors such as car theft, accidents and claim history in your ZIP code. You can compare auto insurance rates in Texas rates to find the best rate for your location.
In Wichita Falls, residents of ZIP code 76310 will pay an average of $1,049 for auto insurance per year, which is $7 less than what the residents of ZIP code 76308 pay on average.
- Zip CodeState Minimumper year
- 76310$1,049
- 76308$1,056
Factors That Impact Insurance Costs in Wichita Falls
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Wichita Falls. How Wichita Falls ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
About the Author
sources
- Kaiser Family Foundation. "2019 Employer Health Benefits Survey." Accessed January 16, 2020.