Best Life Insurance in Texas (October 2024)
Updated: October 23, 2024
Advertising & Editorial Disclosure
For men, Nationwide is the top life insurance provider with a MoneyGeek score of 97 and an affordable monthly premium of $32. For women, Nationwide is also the best provider, achieving a MoneyGeek score of 96 and a lower monthly premium of $29.
When exploring life insurance options, several key elements should be considered, such as coverage needs, budget constraints, provider stability and customer satisfaction.
BestLife InsuranceTexasBest Life Insurance Companies in Texas
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Texas.
Coverage costs and company information for life insurance providers were updated in May 2024.
| Nationwide | 1 | 97 |
| GEICO | 2 | 97 |
| Mutual of Omaha | 3 | 95 |
| State Farm | 4 | 94 |
| Protective | 5 | 93 |
| Prudential | 6 | 92 |
| Transamerica | 7 | 92 |
| Haven | 8 | 91 |
| Allstate | 9 | 90 |
| AAA | 10 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in Texas:
Nationwide offers the best life insurance in Texas, leading the charts for both men and women. With its exceptional MoneyGeek score of 97 for men and 96 for women, Nationwide remains the frontrunner in the market. Men can expect to pay a monthly premium of $32, while women are quoted at $29.
Top three life insurance providers in Texas:
Nationwide leads with the best life insurance for men in Texas. With an overall MoneyGeek score of 97 and an affordable monthly premium of $32, this reputable insurer meets the needs of Texas men looking for reliable coverage.
Pros:
Nationwide has the best life insurance in Texas for women, with a top MoneyGeek score of 96 and a reasonable monthly premium of approximately $29. Nationwide prioritizes customer satisfaction and has diverse product offerings.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Texas:
Costs are based on quotes gathered for a $250,000 life insurance policy with a 10-year term.
Nationwide is the standout provider, offering the best term life insurance in Texas for both men and women. With a MoneyGeek score of 97 for men and 97 for women, Nationwide delivers reliable coverage at a monthly premium of approximately $23 for men and $22 for women.
Discover your options for the best term life insurance with our top three highest-scoring companies:
Nationwide, with an overall MoneyGeek score of 97, is the best term life insurance in Texas for both men and women. Offering competitively priced policies with a monthly premium of $23, Nationwide combines excellence in customer service, affordability, and a diverse range of products with an easy buying process.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in Texas:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies.
State Farm provides the best whole life insurance in Texas for both men and women, with a MoneyGeek score of 99, high customer satisfaction and stability.
The highest MoneyGeek scores for whole life insurance providers in Texas are:
State Farm is the preeminent choice for whole life insurance in Texas (with a MoneyGeek score of 99), catering to both men and women with its top-tier offerings, customer satisfaction and extensive range of products.
Pros:
Cons:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in Texas:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies.
Nationwide has been recognized as the provider with the best universal life insurance in Texas for both men and women, boasting an impressive MoneyGeek score of 99.
When considering the best universal life insurance, the top three highest MoneyGeek scores are as follows:
Nationwide provides the best universal life insurance in Texas, offering outstanding coverage for both men and women. With an overall MoneyGeek score of 99, Nationwide ensures top-tier insurance services.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in Texas:
We did not weigh affordability as we did not collect quotes for no-medical-exam life insurance. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
Nationwide is the top provider of the best no-medical-exam life insurance in Texas, with a MoneyGeek score of 99 for both men and women.
The top three highest MoneyGeek scores are:
Nationwide offers the best no-medical-exam life insurance in Texas, catering to both men and women. It offers competitive pricing and customer satisfaction.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in Texas:
We applied the same weightings as the term life insurance category, but the profile for the quote was adjusted to a 70-year-old.
Nationwide offers the best term life insurance for seniors in Texas, with a MoneyGeek score of 98 for men and 98 for women. For men, the monthly premium cost is $84, and for women, it is $81. Nationwide offers high customer satisfaction and affordability.
| Nationwide | 1 | $84 | 98 |
| GEICO | 2 | $73 | 97 |
| Mutual of Omaha | 3 | $102 | 95 |
| Prudential | 4 | $102 | 93 |
| State Farm | 5 | $153 | 93 |
| Protective | 6 | $110 | 93 |
| Transamerica | 7 | $116 | 91 |
| Allstate | 8 | $137 | 90 |
| AAA | 9 | $161 | 89 |
| Haven | 10 | $187 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Texas for people who smoke:
The same weightings were applied as the term life insurance category, but we adjusted the persona for the quote to reflect an active smoker.
For men, Nationwide tops the charts with a MoneyGeek score of 97 and a monthly premium of $52. For women, it's Prudential leading the way with a MoneyGeek score of 95 and a monthly premium of $36. These insurers offer the best term life insurance for smokers as they excel in customer satisfaction and stability, which are significant contributors to their MoneyGeek score.
| Nationwide | 1 | $52 | 97 |
| GEICO | 2 | $41 | 97 |
| Mutual of Omaha | 3 | $56 | 95 |
| Prudential | 4 | $47 | 94 |
| State Farm | 5 | $74 | 94 |
| Allstate | 6 | $51 | 93 |
| Transamerica | 7 | $51 | 93 |
| Protective | 8 | $79 | 90 |
| AAA | 9 | $91 | 89 |
| Haven | 10 | $91 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Texas for young adults:
We applied the same weightings as the term life insurance category; however, the persona for the quote is a 20-year-old.
Nationwide stands as the preeminent provider of the best term life insurance for young adults in Texas, attaining the highest MoneyGeek score of 97 and 96 for men and women, respectively, with monthly premiums around $15 for men and $15 for women. Nationwide's exceptional ranking can be attributed to its customer satisfaction and its robust financial stability.
| Nationwide | 1 | $15 | 97 |
| GEICO | 2 | $11 | 97 |
| Mutual of Omaha | 3 | $16 | 95 |
| State Farm | 4 | $26 | 94 |
| Protective | 5 | $16 | 93 |
| Transamerica | 6 | $17 | 92 |
| Prudential | 7 | $20 | 91 |
| Haven | 8 | $20 | 91 |
| AAA | 9 | $24 | 91 |
| Allstate | 10 | $26 | 89 |
| Bestow | 11 | $27 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in Texas:
The same weighting factors were applied as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
GEICO provides the best cheap term life insurance in Texas for both men and women, with a MoneyGeek score of 97 for men and 96 for women. The monthly premium cost is approximately $18 for both genders. The top spot is earned by GEICO's combination of affordability and customer service, which are significant contributors to its high MoneyGeek score.
| GEICO | $18 | 97 |
| Nationwide | $23 | 96 |
| Mutual of Omaha | $25 | 94 |
| Protective | $26 | 92 |
| Transamerica | $28 | 91 |
| Prudential | $30 | 89 |
| State Farm | $40 | 89 |
| Allstate | $39 | 87 |
| AAA | $39 | 87 |
| Haven | $35 | 86 |
The average cost of monthly premiums for life insurance in Texas stands at $54 for women and $76 for men. Factors influencing these costs include age, health, lifestyle, coverage amount and term length. The average cost of life insurance can vary significantly based on these variables.
The top life insurance in Texas for men is offered by Nationwide.
Life insurance costs can vary based on lifestyle factors, health, age and coverage. The average monthly premium from Nationwide for the best life insurance policy for men is $32.
The best life insurance in Texas for women is offered by Nationwide.
The cost of life insurance for women in Texas can be influenced by factors such as age, health and coverage amount. Specifically, Nationwide, identified as the best for women in Texas, has a competitive monthly premium of approximately $29.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark earned a master's degree in Economics and International Relations from Johns Hopkins University and a bachelor's degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.
