Car insurance is an essential financial expense in Texas, where drivers are mandated to carry at least liability coverage on their vehicles. Many drivers opt to purchase additional coverage such as comprehensive and collision coverage as well as uninsured/underinsured motorist coverage for added peace of mind. These add-ons provide drivers with protection against medical bills and lost wages from accidents caused by uninsured drivers, with coverage options including medical costs and lost wages coverage for drivers who cause their own accidents. Your car type, driving record and coverage needs are among the key determinants of your car insurance rate in Texas; to help understand their impact MoneyGeek’s car insurance calculator for Texas allows you to enter various data quickly to provide an estimate for how much your premium might cost.
On average, Texas drivers pay $993 annually for full coverage auto insurance – 13% more than the national average. Drivers looking to save can switch down to liability coverage which generally costs an estimated average of $366 over six month policies.
Texas car insurance premiums depend on several factors, including age, driving record and coverage levels. Younger drivers generally pay higher premiums due to inexperience behind the wheel and increased statistical risks of accidents compared with older drivers; 16 and 17-year old drivers often remain on their parent’s policy even after turning 18. To protect both parties involved financially, additional payments may need to be made upon turning 18 as well as joining an association policy such as an umbrella policy with multiple providers for multiple years after turning 18.
Driver credit scores play an integral part in determining their car insurance premiums; those with poor credit are typically charged more. It should be noted, however, that not all insurance providers use identical criteria when it comes to assessing drivers’ credit scores.
Your mileage can have a direct effect on the price of car insurance in Texas. Some insurers offer low-mileage discounts to drivers who do not exceed certain miles annually, while other carriers offer special packages for drivers who use their vehicle for business or who commute long distances.
Location can also play an influential role in how much car insurance costs in Texas. City dwellers tend to pay more due to increased traffic density and accidents; crime and weather patterns also have an effect.
Our Texas car insurance calculator takes all these factors into account to provide an estimate of what the cost of car insurance in Texas might be. By inputting some basic details about yourself and your coverage needs, it provides personalized quotes from top providers.
Fill out the form above with your information and we’ll find you the most cost-effective Texas auto insurance policies available in your area. For added peace of mind, we’ve also ranked Texas’s top ten car insurers using Bankrate’s scoring system to make your selection easy: this score takes into account factors like customer service ratings, financial stability ratings, digital tools and policy features as well as other criteria.