Cheapest and Best Car Insurance Companies in Wichita Falls, TX

The cheapest company varies depending on your needs and driver profile. Texas Farm Bureau Group is the most affordable insurer for minimum coverage. State Farm is the cheapest for full coverage, military-affiliated drivers and those with a speeding ticket or at-fault accident. Drivers with a DUI will find the lowest rates from Mercury. Teens fare best with Nationwide.

Overall, we recommend Texas Farm Bureau Group if you want the best blend of affordability and service quality.

The cheapest car insurance companies for a minimum coverage policy in Wichita Falls are:

• Texas Farm Bureau Group: $256 per year
• State Farm: $258 per year

Of the insurers we analyzed, Dairyland charges the most expensive premiums for minimum coverage at an average cost of $810 per year.

On a statewide basis, State Farm surpassed Texas Farm Bureau Group as the cheapest auto insurance provider in Texas. We found that a minimum coverage policy from State Farm costs an average of $300 in Texas, which makes this insurer’s auto policy in Wichita Falls around $42 cheaper than in a typical city in the state.

A minimum coverage policy in Texas only covers bodily injury and property damage liability. It has the following limits:

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

These limits can help you understand how much the insurer will pay in case of an accident. For instance, with a minimum policy, the bodily injury coverage limits show that the company will pay $30,000 for each injured third party, with a maximum of $60,000 per accident.

The cheapest car insurance companies for a full coverage policy in Wichita Falls are:

• State Farm: $566 per year
• Texas Farm Bureau Group: $630 per year

Dairyland charges the highest premiums for full coverage at $1,673 per year, on average. State Farm has the most affordable rates not just in Wichita Falls — it also offers the cheapest full coverage auto insurance in Texas at $711 per year. This makes a full coverage policy from the cheapest insurer cost roughly $145 less in Wichita Falls compared to the statewide average rate.

A full coverage policy includes comprehensive and collision insurance and has higher liability limits.

• Collision Insurance: Covers the costs of repair or replacement of your vehicle if it sustains damage in an at-fault accident, such as a collision with another vehicle or an object.
• Comprehensive Insurance: Helps cover expenses related to repairing or replacing your vehicle if it sustains damage in a non-accident incident like theft, animal damage or a weather-related event.

You might not get the most out of a full coverage policy if you have an older car, as the hundreds of dollars more per year may not be worth it for a low-value vehicle.

The cheapest car insurance companies for a full coverage policy after driving violations in Wichita Falls are:

• Speeding ticket: State Farm ($566 per year)
• At-fault accident: State Farm ($700 per year)
• DUI: Mercury ($948 per year)

Dairyland ($2,034 per year) is the most expensive insurer for drivers with speeding tickets. Foremost ($2,870 per year) has the highest rates for those with an at-fault accident, and Chubb ($2,119 per year) costs the most following a DUI. Drivers with offenses typically pay higher rates than those with clean records, and even the cheapest providers may charge hundreds of dollars more for the same policy.

A severe violation could drive up your car insurance rates more than a minor offense. For instance, the most affordable insurance for Wichita Falls drivers with speeding tickets is $382 cheaper than the cheapest option for those with DUIs. Even though costs can be quite high, MoneyGeek discovered several ways to get affordable car insurance for drivers with bad driving records.

The cheapest car insurance companies for teens on a family policy in Wichita Falls are:

• Nationwide: $1,429 per year for teen girls; $1,629 per year for teen boys
• State Farm: $1,488 per year for teen girls; $1,799 per year for teen boys

Allstate offers the least affordable full coverage insurance for teens, costing around $5,229 to add a teen girl or $6,154 to add a teen boy to a family policy. Teen boys generally face higher premiums because young men are considered more prone to risky behavior, including driving recklessly. The difference in full coverage premiums with the cheapest provider adds up to roughly $205 per year for Nationwide. The difference in rates starts to even out as these teen drivers become young adults.

Auto insurance can be very expensive for teens. ~~MoneyGeek discovered that you could get more affordable rates by adding a teen driver to a family policy. For example, a 16-year-old boy in Wichita Falls who is included in a family policy would only need to pay $1,629 per year for full coverage, compared to $7,462 per year if he purchases an individual policy. This is equivalent to around $5,833 in yearly savings. ~~Make sure to also comparison shop to find the cheapest auto insurance for teens.

The cheapest car insurance companies for military members in Wichita Falls are:

• State Farm: $566 per year
• Texas Farm Bureau Group: $630 per year

These rates are for a full coverage policy. USAA ranked third in terms of affordability, with full coverage averaging $691 per year. MoneyGeek considers USAA as the ideal insurer for military-affiliated drivers, offering them coverages and services that are specifically tailored to their needs.

For minimum coverage, the same two companies topped our list of the cheapest insurers, with Texas Farm Bureau Group ($256 per year) outpacing State Farm ($258 per year).

Some insurance buyers don’t have the time to comparison shop for rates since getting personalized quotes online could take up to 15 minutes per company. You’ll also be required to provide a lot of personal information.

MoneyGeek’s car insurance calculator gives a quick ballpark figure of your expected premium. Simply enter your age, vehicle type, preferred coverage level and driving record to receive a rough estimate based on thousands of quotes that we’ve collected from multiple companies.

The best car insurance depends on how much you value affordability, service quality, coverage and other factors. MoneyGeek recommends these as the best car insurance companies in Wichita Falls, Texas:

• Best overall: Texas Farm Bureau Group (MoneyGeek score 79 out of 100)
• Best for service: Chubb (MoneyGeek score 76 out of 100)
• Best cheap: Texas Farm Bureau Group (MoneyGeek score 81 out of 100)

A company may have different MoneyGeek scores because we adjusted the weight given to each factor depending on the category. Texas Farm Bureau Group outperformed its competitors with affordable premiums and exceptional service, making it the best auto insurance in Texas statewide. With a MoneyGeek score of 81 out of 100, a USAA policy is also worth considering if you have a military background.

The overall best companies for car insurance in Wichita Falls that offer a balance of affordable rates and superior service are:

• Texas Farm Bureau Group: MoneyGeek score 79 out of 100 ($630 per year)
• State Farm: MoneyGeek score 76 out of 100 ($566 per year)

Texas Farm Bureau Group topped our list by providing remarkable customer service alongside the second-cheapest rates out of 11 providers in Wichita Falls. We also recommend USAA for drivers with military affiliation, earning a MoneyGeek score of 81 out of 100.

If service quality is your key deciding factor in selecting an insurer, we recommend these companies which provide the best customer experience in Wichita Falls regardless of cost:

• Chubb: MoneyGeek score 76 out of 100 ($1,084 per year)
• Foremost: MoneyGeek score 67 out of 100 ($1,270 per year)

Chubb receives our highest praise for its reliable and efficient service and superior management of claims. However, be prepared to pay a high premium for these perks.

Our analysis of affordability and service quality for policies that only meet Texas’ minimum coverage requirements indicated that these are the best auto insurance companies in Wichita Falls:

• Texas Farm Bureau Group: MoneyGeek score 81 out of 100 ($256 per year)
• State Farm: MoneyGeek score 78 out of 100 ($258 per year)

Minimum coverage is the cheapest insurance available but be forewarned that this type of policy gives you little protection against liability costs. It also only covers third-party damages and won’t cover repairs or other expenses if your car is damaged in an accident.

The average cost of car insurance in Wichita Falls for a full coverage policy is $965 per year. This is $236 cheaper than the average cost of car insurance in Texas ($1,201) and $300 less than the national average ($1,265). In collecting quotes, MoneyGeek used a sample full coverage policy that includes $100,000 bodily injury liability per person, $300,000 bodily injury liability per accident and $100,000 property damage liability per accident. Note that location is just one of several factors that companies consider when calculating insurance rates.