Who Has The Cheapest Auto Insurance Quotes in Dallas, TX?
Who Has The Cheapest Auto Insurance Quotes in Dallas, TX?
ValuePenguin's analysis found that the cheapest car insurance in Dallas, Texas, came from State Farm, which offers minimum coverage for an average of $57 per month.
Fred Loya offered the cheapest full coverage insurance at $104 per month.
Find Cheap Auto Insurance Quotes in Dallas
Dallas is the third-most populous city in Texas, so drivers generally pay more for auto insurance. The average rate for minimum coverage in Texas is $926 per year, but drivers in Dallas pay $215 more — $1,141 on average.
Rates vary significantly from driver to driver, depending on factors like your credit score and driving history. Be sure to get quotes from at least three insurers.
Cheapest auto insurance in Dallas: State Farm
The three cheapest insurers for minimum coverage in Dallas are State Farm, Fred Loya and Nationwide.
The cheapest quote overall comes from State Farm, which charges Dallas drivers an average of $680 annually. That's $461 cheaper than the city average of $1,141. Fred Loya came in a close second, charging just $47 more per year, or about $4 more per month. Nationwide also offered comparatively affordable minimum coverage, at $1,045 per year, or $87 per month.
Find Cheap Auto Insurance Quotes in Your Area
From a cost perspective, a minimum coverage policy might seem attractive, but bear in mind that lower rates come with less coverage. If you get into an accident, you'll be fully financially responsible for repairs to your own car and your own medical bills.
Rank | Company | Annual rate |
|---|---|---|
| 1 | State Farm | $680 |
| 2 | Fred Loya | $727 |
| 3 | Nationwide | $1,045 |
| 4 | Geico | $1,080 |
| 5 | Chubb | $1,108 |
| 6 | Dairyland | $1,145 |
| 7 | Allstate | $1,831 |
| 8 | MetLife | $2,125 |
| N/A | USAA | $532 |
*USAA is only available to current and former military members and their families.
Cheapest full coverage car insurance in Dallas: Fred Loya
Fred Loya has the cheapest rates for full coverage in Dallas, according to our quote analysis. The average cost of full coverage insurance in Dallas is $3,111, but Fred Loya charges policyholders about 60% less — just $1,247 annually, or $104 monthly.
If you're a Dallas driver looking for affordable full coverage, be sure to get quotes from State Farm and Geico, as well. Both charge more than Fred Loya, but they have stronger customer service reputations.
Members of the military and their families should call USAA for a quote. At $1,464 annually, USAA had the second-cheapest full coverage insurance of the nine companies in our study.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Fred Loya | $1,247 |
| 2 | State Farm | $1,494 |
| 3 | Geico | $2,454 |
| 4 | Nationwide | $2,769 |
| 5 | Chubb | $3,047 |
| 6 | Dairyland | $4,218 |
| 7 | Allstate | $5,575 |
| 8 | MetLife | $5,733 |
| N/A | USAA | $1,464 |
*USAA is only available to current and former military members and their families.
While minimum coverage only covers the other driver's damages or injuries, full coverage ensures that your car is protected, as well. It includes collision and comprehensive coverage.
- Comprehensive coverage: Also known as "other-than-collision coverage," comprehensive coverage protects your car from any non-collision damage, such as a wild animal, theft or fire.
- Collision coverage: Collision coverage pays for damages to your car after a collision — no matter who was responsible for the accident.
Cheap car insurance for drivers with prior incidents
Insurers raise premiums for drivers they deem high risk. Factors that can increase your risk rating include having an accident, a DUI or a speeding ticket on your driving record, as well as having a low credit score.
- Cheapest car insurance for drivers involved in an at-fault accident: Fred Loya
- Cheapest car insurance for drivers who have received one speeding ticket: Fred Loya
- Cheapest car insurance for drivers who have received one citation for DUI: Fred Loya
- Cheapest car insurance for drivers with a poor credit history: Fred Loya
Cheapest car insurance in Dallas after an accident: Fred Loya
Fred Loya, State Farm and Geico offer the cheapest auto insurance for Dallas drivers who have an at-fault accident on their record.
While Fred Loya offered the cheapest rates overall, State Farm increased rates the least. Rates for a driver with an at-fault accident were just $270 more per year than for a driver with a clean record. The average rate among all the insurers in our study increased by a whopping $1,791 after an at-fault accident — a 58% jump.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Fred Loya | $1,572 |
| 2 | State Farm | $1,764 |
| 3 | Geico | $3,838 |
| 4 | Nationwide | $4,318 |
| 5 | Chubb | $5,198 |
| 6 | Dairyland | $5,574 |
| 7 | Allstate | $8,898 |
| 8 | MetLife | $10,755 |
| N/A | USAA | $2,206 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for people with a speeding ticket: Fred Loya
Speeding tickets raised the average cost of insurance in Dallas by $228 — not nearly as much as the increase after an at-fault accident ($1,791) or a DUI ($2,201).
The cheapest insurance for drivers caught speeding comes from Fred Loya, State Farm and Geico.
Together, these insurers cost 43% less than the average cost of insurance for drivers with a speeding ticket, which is $3,339.
Insurance from MetLife, the most expensive insurer in our study, was $4,486 more expensive than insurance from Fred Loya, the cheapest insurer in our study. Differences like this underscore just how important it is to compare quotes before you purchase an auto insurance policy.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Fred Loya | $1,247 |
| 2 | State Farm | $1,494 |
| 3 | Geico | $2,962 |
| 4 | Chubb | $3,047 |
| 5 | Nationwide | $3,351 |
| 6 | Dairyland | $4,990 |
| 7 | Allstate | $5,575 |
| 8 | MetLife | $5,733 |
| N/A | USAA | $1,655 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for drivers with a DUI: Fred Loya
Driving under the influence (DUI) is a serious offense — so serious, in fact, that the insurers in our study raised average rates by 71%.
Fred Loya had the cheapest rates for these drivers, charging just $2,134 annually. That's more than $3,000 cheaper than the city average for drivers with a DUI, which is $5,312.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Fred Loya | $2,134 |
| 2 | State Farm | $2,298 |
| 3 | Dairyland | $4,239 |
| 4 | Geico | $4,346 |
| 5 | Nationwide | $5,530 |
| 6 | Chubb | $6,597 |
| 7 | Allstate | $8,764 |
| 8 | MetLife | $11,685 |
| N/A | USAA | $2,220 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for drivers with poor credit: Fred Loya
While your credit score does not impact your ability to drive safely, it does impact your auto insurance rates.
ValuePenguin's analysis found that auto insurance for Dallas drivers with low credit scores cost $3,859 per year on average — $1,275 more than annual premiums for drivers with average credit and $1,863 more than annual premiums for drivers with very good credit.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Fred Loya | $1,247 |
| 2 | State Farm | $2,312 |
| 3 | Nationwide | $3,142 |
| 4 | Geico | $3,489 |
| 5 | Chubb | $3,974 |
| 6 | Dairyland | $4,775 |
| 7 | Allstate | $5,092 |
| 8 | MetLife | $8,466 |
| N/A | USAA | $2,233 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for married drivers: Fred Loya
Married drivers statistically get into fewer accidents than single drivers do, so many insurers charge them lower rates. We found that rates for married drivers in Dallas were 10% less expensive than rates for single drivers.
If you're married and live in Dallas, contact Fred Loya, State Farm and Nationwide for quotes, as we found these companies have the most affordable premiums.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Fred Loya | $947 |
| 2 | State Farm | $1,494 |
| 3 | Nationwide | $2,550 |
| 4 | Geico | $2,565 |
| 5 | Chubb | $3,047 |
| 6 | Dairyland | $3,946 |
| 7 | MetLife | $4,561 |
| 8 | Allstate | $4,922 |
| N/A | USAA | $1,263 |
*USAA is only available to current and former military members and their families.
Cheapest car insurance for young drivers: Fred Loya
Full coverage for our sample 18-year-old driver was 163% higher on average than full coverage for our 30-year-old-driver. To offset costs, young drivers should stay on their parents' policy if they can.
The cheapest insurance for our teen driver came from Fred Loya, which charged $3,365 annually.
That's nearly 60% cheaper than the Dallas city average, which is $8,171.
Rank | Company | Annual rate |
|---|---|---|
| 1 | Fred Loya | $3,365 |
| 2 | State Farm | $4,589 |
| 3 | Geico | $5,227 |
| 4 | Chubb | $8,029 |
| 5 | Dairyland | $9,780 |
| 6 | Allstate | $10,466 |
| 7 | Nationwide | $10,606 |
| 8 | MetLife | $18,793 |
| N/A | USAA | $2,686 |
*USAA is only available to current and former military members and their families.
If staying on your parents' policy isn't an option, be sure to ask your insurer about common auto insurance discounts like student-away-from-home or good student discounts.
Another option is to purchase minimum coverage. However, ValuePenguin does not typically recommend this approach. Young drivers are generally more accident prone and more likely to benefit from the added protection that comes with full coverage.
Best auto insurance companies in Dallas, Texas
A survey conducted by ValuePenguin found that of the Texas insurers in our study, USAA, Nationwide and State Farm had the highest percentages of customers who were "extremely satisfied" with their most recent claims.
To learn more about how these different insurers ranked for customer service, check out our Texas car insurance analysis.
Average car insurance cost in Dallas, by ZIP code
Your auto insurance premiums depend on your location — sometimes down to your ZIP code. Crime rates and population density can increase risk and cause insurers to raise rates.
The most expensive ZIP code in Dallas, 75398, had average annual premiums that were $294 more expensive than in the least expensive ZIP code, 75098.
ZIP code | Full coverage annual cost | Minimum coverage annual cost |
|---|---|---|
| 75098 | $2,839 | $1,076 |
| 75201 | $3,136 | $1,122 |
| 75202 | $3,233 | $1,157 |
| 75203 | $3,296 | $1,177 |
| 75204 | $3,087 | $1,109 |
Auto theft statistics in Dallas
Dallas has the highest rate of auto crime out of the 11 most populous cities in Texas. Our review of 2019 FBI crime data found that approximately eight cars were stolen for every 1,000 residents.
Rank | City | Population | Car thefts | Thefts per 100,000 |
|---|---|---|---|---|
| 1 | Dallas | 1,363,295 | 10,257 | 7.5 |
| 2 | Houston | 2,355,606 | 13,098 | 5.6 |
| 3 | San Antonio | 1,559,166 | 7,781 | 5.0 |
| 4 | Lubbock | 259,208 | 1,225 | 4.7 |
| 5 | Fort Worth | 915,237 | 3,335 | 3.6 |
Motor vehicle theft data was pulled from the FBI 2019 Texas Crime Report.
Methodology
We collected data from nine of the largest insurers in Texas. Our sample driver was a 30-year-old man who drove a 2015 Honda Civic EX and had average credit.
Unless otherwise noted, we gave our sample driver the following coverage limitations:
Coverage type | Study limits |
|---|---|
| Bodily liability | $50,000 per person/$100,000 per accident |
| Personal injury protection | $10,000 |
| Property damage | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. Rates were publicly sourced from insurer filings and should be used for comparative purposes only; your own quotes could differ.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.