How Much Is Car Insurance in Texas?

Car insurance is a necessary expense for drivers in Texas, but it can be difficult to know how much coverage you need and how much it will cost. The average cost of car insurance in Texas can vary depending on several factors like age, driving record, and location. In this article, we will explore the average cost of car insurance in Texas, as well as some of the cheapest and most expensive options available.

According to recent studies, the average cost of car insurance in Texas is $1,316 per year. However, this number can vary depending on several factors like the type of coverage you choose, your driving record, and your location. Texas ranks as the 36th most affordable state for car insurance in the US, making it a relatively affordable option for drivers.

While the average cost of car insurance in Texas is $1,316 per year, it’s important to note that this number can vary widely depending on the type of coverage you choose. Minimum coverage in Texas can cost as little as $774 per year, while full coverage can cost as much as $2,398 per year. In the following sections, we will explore some of the cheapest and most expensive car insurance options available in Texas, as well as some tips for finding the best coverage for your needs.

Factors that Affect Car Insurance Rates in Texas

When it comes to car insurance rates in Texas, there are several factors that can impact how much you pay for coverage. Understanding these factors can help you make informed decisions about your car insurance policy and potentially save you money.

Age

Age is a significant factor in determining car insurance rates in Texas. Generally, younger drivers under the age of 25 pay higher rates due to their lack of driving experience and higher likelihood of being involved in accidents. On the other hand, drivers aged 50-60 tend to pay lower rates.

Gender

Gender can also impact car insurance rates in Texas. Statistics show that male drivers are involved in more accidents than female drivers, which can result in higher rates for men. However, some insurance companies may not consider gender when determining rates.

Driving Record

Your driving record is one of the most significant factors in determining your car insurance rates in Texas. If you have a history of accidents or traffic violations, you can expect to pay higher rates. On the other hand, if you have a clean driving record, you may be eligible for discounts on your car insurance policy.

Location

Where you live in Texas can also impact your car insurance rates. Urban areas with higher population densities and more traffic tend to have higher rates due to the increased likelihood of accidents. Additionally, areas with higher rates of car theft may also result in higher rates for comprehensive coverage.

Type of Car

The type of car you drive can also impact your car insurance rates in Texas. Generally, more expensive cars or cars with a higher likelihood of being stolen will result in higher rates. Additionally, cars with advanced safety features may be eligible for discounts on insurance rates.

Coverage Level

The level of coverage you choose for your car insurance policy can also impact your rates. Generally, higher levels of coverage will result in higher rates, but you may be eligible for discounts if you bundle multiple policies or have a clean driving record.

Average Car Insurance Rates in Texas

Car insurance rates in Texas can vary depending on several factors, including coverage level, age, gender, driving record, location, and type of car. Here is a breakdown of the average rates for car insurance in Texas:

Minimum Coverage

The average cost of minimum coverage car insurance in Texas is $48 per month or $574 per year. Minimum coverage typically includes liability insurance, which covers damages you may cause to others in an accident.

Full Coverage

The average cost of full coverage car insurance in Texas is $136 per month or $1,632 per year. Full coverage typically includes liability insurance, collision insurance, and comprehensive insurance, which covers damages to your own vehicle.

By Age Group

Age is a significant factor in determining car insurance rates in Texas. According to MoneyGeek, the average car insurance rates in Texas by age group are:

• 16-year-olds: $6,156 per year
• 25-year-olds: $1,758 per year
• 35-year-olds: $1,474 per year
• 60-year-olds: $1,316 per year

By Gender

Gender is another factor that can affect car insurance rates in Texas. According to US News, the average car insurance rates in Texas by gender are:

• Female: $1,810 per year
• Male: $1,925 per year

By Driving Record

Your driving record can also affect car insurance rates in Texas. If you have a clean driving record, you may pay less for car insurance than someone with a history of accidents or traffic violations. According to ValuePenguin, the average car insurance rates in Texas by driving record are:

• Clean record: $1,496 per year
• One accident: $2,019 per year
• One speeding ticket: $1,836 per year
• DUI conviction: $3,610 per year

By Location

Location is another factor that can affect car insurance rates in Texas. According to NerdWallet, the average car insurance rates in Texas by location are:

• Houston: $1,903 per year
• Austin: $1,427 per year
• San Antonio: $1,557 per year
• Dallas: $1,731 per year

By Type of Car

The type of car you drive can also affect car insurance rates in Texas. According to ValuePenguin, the average car insurance rates in Texas by type of car are:

• Sedan: $1,532 per year
• SUV: $1,620 per year
• Truck: $1,576 per year
• Luxury car: $2,861 per year

Ways to Save on Car Insurance in Texas

Shop Around for Quotes

One of the best ways to save money on car insurance in Texas is to shop around for quotes. Don’t settle for the first quote you receive, as prices can vary greatly between insurance companies. Get quotes from at least three different companies and compare them carefully to find the best deal.

Bundle Policies

Another way to save on car insurance in Texas is to bundle policies. Many insurance companies offer discounts if you purchase multiple policies from them, such as car insurance and homeowners insurance. Bundling your policies can save you money on both premiums.

Raise Deductibles

If you’re willing to take on a higher out-of-pocket cost in the event of an accident, raising your deductibles can lower your monthly premiums. Just be sure you have enough savings to cover the higher deductible if you do need to file a claim.

Take Advantage of Discounts

There are many discounts available for car insurance in Texas, so be sure to ask your insurance company about them. Common discounts include safe driver discounts, good student discounts, and discounts for having certain safety features installed in your car.

Improve Driving Record

One of the most effective ways to lower your car insurance premiums over time is to improve your driving record. Avoid traffic violations and accidents, as these can cause your rates to go up. If you do have a violation or accident on your record, consider taking a defensive driving course to help offset the impact on your premiums.