Who Has The Cheapest Auto Insurance Quotes in Dallas, TX?
Find the Cheapest Auto Insurance Quotes in Your Area
Getting auto insurance in Texas can be expensive, and it is no different in Dallas. Dallas rates tend to be slightly higher than the Texas state average, but there are still great deals to be found. We analyze which car insurance companies in Dallas offer the most affordable rates.
Cheapest Car Insurance Companies in Dallas, Texas
To see who had the cheapest auto insurance rates in Dallas, we surveyed 11 companies and found GEICO was the cheapest auto insurer. We found the average rate for full coverage auto insurance was $1,288 for our sample Dallas residents. Nearly $100 more expensive was Progressive, the second lowest costing option.
Find the Cheapest Auto Insurance Quotes in Your Area
The numbers we cite above are reflective of a 30 year old male driver who has a clean driving record and is single. Your own rates will change based on your own driving history and profile. The best way to determine who will give you the most affordable auto insurance is by comparison shopping. To start looking at car insurance quotes, put your zip code in one of the two boxes up top.
| Rank | Auto Insurance Company | Average Annual Rate |
|---|---|---|
| 1 | GEICO | $1,288 |
| 2 | Progressive | $1,382 |
| 3 | Texas Farm Bureau | $1,464 |
| 4 | State Farm | $1,620 |
| 5 | Mercury | $1,896 |
| 6 | Unitrin | $2,052 |
| 7 | Encompass | $2,352 |
| 8 | 21st Century | $2,460 |
| 9 | MetLife | $3,216 |
| 10 | Kemper Security | $4,596 |
| 11 | Dairyland | $4,704 |
Cost of Car Insurance in Dallas: by Neighborhood
Car insurance rates in Dallas will actually fluctuate by around $200 per year depending on where in the city you live. Below you can see auto insurance rates from a selection of six Dallas neighborhoods which we surveyed.
| Neighborhood | Average Annual Car Insurance Rate |
|---|---|
| Lakewood | $1,552 |
| North Dallas | $1,562 |
| Cityplace/Uptown | $1,591 |
| Oak Lawn | $1,625 |
| Deep Ellum | $1,718 |
| Cadillac Heights | $1,744 |
Cadillac Heights in south Dallas was the most expensive of the neighborhoods we explored, being nearly $200 more expensive than Lakewood. Even if you live in a more expensive neighborhood, you can still find a great deal by comparing car insurance quotes.
Best Auto Insurance Companies in Dallas
Who has the best car insurance in Dallas? According to the 2016 J.D. Power Survey of Texas auto insurers, Texas Farm Bureau had top marks. Texas Farm Bureau scored particularly well when it came to the smoothness in which they process claims. In Dallas the draw back of Texas Farm Bureau is that it isn't the cheapest which is unusual for most parts of Texas and you first need to become a member, which requires an annual fee of usually around $40. Luckily, there are several great auto insurance companies Dallasites can go.
| Auto Insurance Company | Best For... |
|---|---|
| Texas Farm Bureau | Claims Handling |
|
GEICO | Price and Convenience |
|
USAA | Military Members |
There is no denying GEICO is the fastest and cheapest option for Dallasites. At GEICO, you can start and buy a quote in less than 20 minutes and have a cheap rate. The main issue with GEICO will be if you need to file a claim as it doesn't get great marks on the J.D. Power survey for customer service. GEICO also tends to raise rates more than other competitors when you have an accident on your record.
USAA is likely the best company for you if you are in the military or were in the military. USAA is highly regarded by the J.D. Power survey, only placing second to the Texas Farm Bureau. USAA also offers great discounts for cars parked on military bases. USAA also offers cheap rates--in many cases cheaper than GEICO. We found you may be able to get liability insurance for around $450 per year, and around $900 per year for full coverage in Dallas through USAA.
Fatal Accidents in Dallas
Between 2011 and 2015, there were 664 fatal car accidents that happened within the city of Dallas making it one of the more accident prone cities in the country. I-30 and I-35 were the two highways the saw the most fatalities within those years.
Most Dangerous Roads in Dallas
Certain roads as we mention above tend to have more accidents. The following is a list of the five roads with the most accidents between 2011 and 2015.
| Rank | Highway | Number of Fatal Accidents (2011 - 2015) | Percent That Involve Drunk Driver |
|---|---|---|---|
| 1 | I-30 | 22 | 40.9% |
| 2 | I-35 | 15 | 40.0% |
| 3 | US-175 | 15 | 26.7% |
| 4 | I-20 | 13 | 53.8% |
| 5 | I-35E STEMMONS FWY | 11 | 54.5% |
Overall, 31.6% of all fatal accidents in Dallas between 2011 and 2015 involved a drunk driver, which is greater than most cities where drunk driving accidents usually account for around a quarter of all fatal accidents. On roads like I-20, drunk driving fatal accidents accounted for over a half of all fatalities.
Minimum Car Insurance Requirements in Dallas, TX: The 30/60/25 Law
In Texas there is the 30/60/25 Law where drivers need to hold that amount of auto insurance for bodily injury liability and property damage liability coverage. Below you can see the full breakdown:
- $30,000 of Bodily Injury Liability per Person
- $60,000 of Bodily Injury Liability per Accident
- $25,000 of Property Damage Liability
Drivers should consider higher, and optional coverages such as collision and comprehensive insurance. As well, you can purchase Personal Injury Protection. If your health insurance does not cover injuries sustained from a car accident, PIP should be strongly considered for your policy.
How We Compared Quotes
We collected quotes from different insurance companies across 78 towns and cities in Texas including Dallas. Our sample driver was a 30 year old male who drove a Toyota Camry. To obtain quotes, we kept parameters for getting coverage the same, such as that he was single, had a good credit score and a clean driving record. The only parameter that changed was the zip code where he lived in Texas. The amount of coverage we opted for gave our driver bit more than what is required of state minimums.
| Coverage Type | Texas Minimum | Study Limits |
|---|---|---|
|
Bodily Liability | $30,000 per person / $60,000 per accident | $50,000 per person/ $100,000 per accident |
|
Property Damage | $25,000 per accident | $50,000 per accident |
|
Uninsured/Underinsured Motorist BI | $50,000 per person/ $100,000 per accident | |
|
Uninsured/Underinsured Motorist Property | $50,000 per accident | |
|
Comprehensive & Collision | $500 Deductible |
Sources:
Fatal car accident and DUI data: FARS 2011 to 2015.
Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.