Best cheap car insurance in Amarillo

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Amarillo, the Yellow Rose of Texas, might be famous as an Old West cowtown, but the city is also recorded as having the highest number of car accidents in Texas. In 2019, there were 5,532 road accidents. Although average car insurance premiums in Amarillo — $482 per year and $1,895 per year for minimum and full coverage, respectively — are slightly more expensive than the national average of $1,738, dense traffic and reckless motorists often make driving in Amarillo dangerous. Without the necessary car insurance coverage, you could be putting yourself, your vehicle or even your license at risk.

To help find more affordable coverage, you could look for providers that offer the most competitive rates and coverages in your region. Based on features, pricing, customer service and third-party ratings, there are a few car insurers that stand out in the crowd.

Best car insurance companies in Amarillo

Out of the auto insurance companies reviewed, five providers were chosen as the top providers in Amarillo based on cost and customer satisfaction scores in the 2020 J.D. Power Auto Claims Study. As one of the most credible consumer analytics companies in the U.S., J.D. Power scores are a good indicator of an insurer’s performance and position in the industry and could be your starting point in choosing a provider.

Insurance Company J.D. Power Score Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
Geico 871 / 1000 $360 $1,472
State Farm 881 / 1000 $519 $1,434
Nationwide 876 / 1000 $518 $1,486
Allstate 876 / 1000 $498 $1,683
Mercury 849 / 1000 $486 $1,776

Geico

If saving money on insurance is your top priority, then Geico is a safe choice. Although its coverage options are fairly basic, the rates are some of the most affordable in the market and the customer service is outstanding. Geico also offers a variety of discounts to help keep your premiums low, such as the DriveEasy program that uses a telematics device to track driving habits and reward safe drivers. Geico could be a good pick for drivers who are not seeking a host of unique add-ons and simply want standard coverage that is generally less expensive on average.

State Farm

Busy people who want to manage their policy without having to pick up the phone or meet an agent in person may want to have State Farm on their list. The company excels in its number of online tools and lets you enjoy its services on-the-go with its highly-rated mobile app. In Amarillo, this is also the only provider with two unique safe driver programs: Drive Safe & Save and Steer Clear, both using advanced telematics. The coverage options are standard, but the large portfolio of discounts and perks can help you lower your premiums.

Nationwide

For valuable add-ons, Nationwide is one of the best insurance providers in Amarillo. Besides the standard coverages and discounts, Nationwide also offers accident forgiveness, low mileage discounts and a safe driver program called SmartRide. Roadside assistance, gap insurance, towing and labor costs and rental reimbursement are some of the extras you can add to your policy. By taking advantage of the perks and discounts, policyholders could save anywhere between 10% to 40% on their annual premium.

Allstate

Safe driving rewards are also offered by Allstate and allow customers to save on name-brand merchandise, dining and travel. With the DriveWise program, good drivers can also get a price cut on their insurance costs. Allstate has excellent customer satisfaction scores and has local agents all over the country at service. Aside from regular coverage options, Allstate also has coverage for specialty parts of your vehicle, such as sound systems. Additionally, customers who participate in the Milewise program could get discounts for maintaining low mileage on their vehicles.

Mercury

Mercury is a lesser-known provider available in 11 states, including Texas, but it offers all the coverages you might need as well as some of the lowest rates in Amarillo. Besides liability, collision and comprehensive, and PIP coverage, the company also offers add-ons such as rideshare coverage, roadside assistance, rental car coverage and a safe driving program called RealDrive. Local Mercury agents are available to give you more information on the best coverage for your needs and the discounts that will generate the maximum savings.

Cheapest car insurance in Amarillo

Even though there are numerous insurance providers and coverage options to choose from, they might not always be the most affordable. Car insurance is higher than average in Amarillo, and when you need full coverage in this city, you could be saddled with a steep annual premium. Compared to the average Texas car insurance rates of $524 per year for minimum coverage and $1,824 per year for full coverage, Amarillo is slightly more expensive than the state for full coverage, but slightly less expensive than the state for minimum coverage. Amarillo rates are also considerably higher than national averages for minimum and full coverage rates for car insurance, which are $565 per year and $1,674 per year, respectively.

Getting cheap insurance does not have to mean compromising on your needs. The following table lists the providers that offer the best bang for every buck.

Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
Geico $360 $1,472
USAA $361 $1,473
MetLife $406 $2,506
Mercury $486 $1,776
Allstate $498 $1,683

Geico emerges as a winner for the cheapest provider in Amarillo, at $360 per year for minimum and $1,472 per year for full coverage, considerably lower than the city’s overall average. Following Geico on our list is USAA, which usually receives high scores from J.D. Power, though it is considered rank-ineligible due to its membership only being offered to military members, veterans and their family members. However, USAA offers premiums nearly as cheap as Geico’s. MetLife may not have the cheapest full coverage, but if you only want the basics, your expenses could be lower than the Amarillo average. MetLife company also has superior third-party scores.

Amarillo insurance requirements

The 30/60/25 mandatory minimum coverage requirement applies to Amarillo and every other city in Texas. This means every motorist in Amarillo must have at least:

  • $30,000 bodily injury coverage per person
  • $60,000 bodily injury coverage per accident
  • $25,000 property damage coverage

Texas is not a no-fault state. It is a comparative fault state, which means the driver must take financial responsibility if they are determined to be more than 50% responsible for an accident. When you have sufficient liability coverage, you could be covered if you collide or crash with another vehicle. Insurance experts recommended having collision insurance as well to cover your own vehicle and medical payments coverage in case you or your passengers are injured in an accident.

Car insurance discounts in Amarillo

Texas is not the cheapest in terms of auto insurance. As a populous state prone to storms and hurricanes, Texas car insurance could set you back by nearly a couple thousand dollars every year. On the brighter side, most insurance providers have a range of discounts available to customers, which let you save on annual premiums by a certain percentage. Not all discounts are available from every company but the most common ones usually are.

  • Safe driver: Motorists with an already clean driving record or those who avoid accidents and violations for a certain number of years could be eligible for the safe driver discount.
  • Paid in full: Paying your annual premium in full at the time of renewal is a big expenditure that many insurers reward you with a discount if you do so.
  • Multi-policy: When you buy two or more policies from the same company, your premiums could be bundled into one with a decent price cut.
  • Safe vehicle: A car equipped with the most advanced safety and anti-theft features is seen as low-risk by insurance companies, attracting the safe vehicle discount.

Each discount you qualify for could be worth looking into as you never know which ones can be combined to save you the most money on your premium. Driving-based discounts such as for being a safe driver may be particularly useful as many of them offer higher discount rates the longer you continue.

Frequently asked questions

What is the best car insurance company?

There are several leading car insurance companies across the country but what works for you will entirely depend on your needs and budget. A price and coverage comparison from multiple insurers is a good place to start your car insurance purchase process.

How much does car insurance in Amarillo cost?

Car insurance in Amarillo costs an average of $482 per year for minimum liability coverage and $1,895 for full coverage. When you receive quotes from insurers, whether you go in person or online, your cost can be higher or lower depending upon your driving record, claims history, type of vehicle and personal demographics such as location and age.

How much car insurance do I need in Amarillo?

The minimum coverage requirement in Amarillo, Texas is 30/60/25, but the growing number of fatal car accidents in the city could convince drivers to purchase fuller coverage to protect themselves and their vehicles.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

Rates are determined based on 2020 Quadrant Information Services data.

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.