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Best Cheap Auto Insurance in Texas 2022 – Forbes Advisor

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Finding Cheap Auto Insurance in Texas

Not everything has to be big in Texas. You can certainly find a relatively low price for auto insurance by finding the right companies. We evaluated the rates of 10 major auto insurance companies in Texas to find the best rates.

Cheap car insurance in Texas for good drivers

No accident or ticket on your driving record? We found that Texas Farm Bureau and Geico auto insurance offered the lowest prices for good drivers among the insurers we reviewed.

Cheap Car Insurance In Texas For Speeding Drivers

A Texas speeding ticket could result in higher rates depending on the insurance company. If you have a speeding ticket on your record, check the Texas Farm Bureau, Geico, and State Farm auto insurance for better prices.

Cheap car insurance in Texas for injured drivers

Texans who cause someone else in a crash with injury will pay an average of $ 740 more per year than drivers with good records. But just because you’ve been in a car accident doesn’t mean you have to settle for high rates. Shop around and get quotes from the Texas Farm Bureau and State Farm.

Cheap Texas Car Insurance For Drivers With A DUI

Texas auto insurance companies don’t gamble when it comes to a DUI. Rates have climbed on average by about $ 1,240 per year for drivers with DUIs on their records. Geico, State Farm, and Farmers auto insurance are some of the cheapest options among the insurers we’ve reviewed.

Cheap Texas Insurance For Drivers With Low Credit

Having bad credit in Texas can also cause insurance problems. Insurers view drivers with low credit as a higher risk, which can mean higher rates. If you have poor credit, shop around. Texas Farm Bureau and Geico had the best rates among the insurance companies we reviewed.

Cheap car insurance in Texas for drivers without insurance

Driving without auto insurance in Texas can result in higher rates. This is because auto insurers see an interruption in insurance history as a higher risk. Texas Farm Bureau, Geico, and State Farm had the best rates for drivers without auto insurance in our analysis.

Cheapest Vehicles For Auto Insurance In Texas

You can potentially save on auto insurance depending on the type of car you own. In Texas, the Honda CR-V LX, Subaru Forester 2.5i, and Hyundai Tucson SE are among the most affordable insurance options, based on the average prices of the top 50 selling 2021 models. The 20 cheapest are below.

The vehicles with the most expensive auto insurance in Texas among the popular models are the Tesla Model S Performance ($ 3,346 per year) and the Lexus ES 300H ($ 2,230 per year).

Related: The most expensive and cheapest cars to insure nationwide

Compulsory auto insurance in Texas

Liability insurance helps solve your problems if you cause a car accident. It pays for injuries and damage you cause to others, but only within the limits of your policy. If you have purchased low level auto liability insurance, you can still be sued by others for their accident bills that exceed your insurance limits.

Car owners in Texas should purchase liability insurance with at least:

  • $ 30,000 for bodily injury to a person
  • $ 60,000 for bodily injuries to several people in a single accident
  • $ 25,000 for property damage in an accident

These amounts will not be enough if you cause a costly car accident. Medical bills for several people, for example, can quickly exceed $ 60,000.

Protection against injuries

Texas auto insurance policies will automatically include $ 2,500 in Injury Protection (PIP), but you can reject it in writing. PIP insurance pays the medical bills for you and your passengers, regardless of who caused the accident.

If you have good health insurance, you might consider rejecting PIP. But be aware that the PIP also covers expenses that health insurance does not cover: 80% of the salary you lose due to the accident and “replacement services” for tasks such as childcare. .

Medical bills and lost wages can quickly exceed $ 2,500. You may want to increase PIP coverage to $ 10,000 or more.

Medical payment coverage

Medical Payment Insurance (MedPay) is also available in Texas. Like PIP, it pays the medical bills for you and your passengers, regardless of who caused an accident. It will also pay if you were injured in someone else’s car or while walking or cycling.

But MedPay does not cover lost wages or replacement services, like PIP does.

Coverage for uninsured / underinsured motorists

There will always be drivers who have little or no insurance. You can build a defense against them with uninsured and underinsured motorist coverage. This will pay off your medical and auto repair bills. It also pays if your accident is caused by a hit and run driver.

Texas auto insurance companies must offer you coverage for uninsured motorists, but you can decline it in writing.

What else should I have?

There are a lot of situations where you would like extra coverage. Flooding is a major problem in Texas. More than 637,000 vehicles were damaged in Texas by Hurricanes Harvey and Irma in 2017, according to the National Insurance Crime Bureau.

If your car is damaged or destroyed in a flood, full coverage will pay.

Collisions and Full Coverage cover many other situations including auto theft, hail, fire, falling objects, vandalism, and collisions with animals and birds.

They are generally required if you have an automobile loan or lease.

Summary: Compulsory auto insurance in Texas

Can I show my insurance ID card from my phone?

Texas allows you to use your phone to show your auto insurance ID card. Many auto insurance companies have free mobile apps that give you access to your insurance ID card.

Factors Allowed In Texas Auto Insurance Rates

Auto insurance companies typically look at your driving record, past claims, vehicle model, and other information when setting your rate. In Texas, companies can also use these factors.

How many uninsured drivers are there in Texas?

According to the Insurance Research Council, about 8% of Texas drivers do not have auto insurance. If an uninsured driver hits you, you try to sue them for payment. Or you can use your uninsured motorist coverage for injuries and / or your collision insurance for auto repairs.

Penalties for driving without auto insurance in Texas

If you are caught driving without insurance, you can be fined $ 175 to $ 350, plus an additional $ 250 on your license for three years.

When can a vehicle be totaled?

A car is considered totaled in Texas when the damage exceeds 100% of its actual dollar value. It could happen as a result of an accident, flood, fire or other cause.

If someone else crashes into your car and totals it up, you can make a claim with their liability insurance or use your own collision insurance. If you destroy your own car or if it is washed away by a flood, you can use your collision insurance or property and casualty insurance, depending on the cause.

Resolve insurance issues

The Texas Department of Insurance offers help with insurance matters. They are also officially responsible for receiving complaints. If you have an unresolved problem with your insurance company, contact service.

Methodology

To find the cheapest auto insurance companies in Texas, we used rates from Quadrant Information Services, an insurance data and analytics provider. Rates are based on a driver with a clean criminal record insuring a Toyota RAV4 with $ 100,000 of bodily injury liability coverage per person, $ 300,000 per accident and $ 100,000 of property damage liability, coverage for uninsured motorist and any other coverage required in the state. The rate also includes collisions and comprehensive risks with a deductible of $ 500.

The companies assessed for Texas were Auto Club, Allstate, Farmers, Geico, Loya, Nationwide, Redpoint County Mutual, State Farm, Texas Farm Bureau, and USAA.