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If you are looking for the cheapest car insurance companies in Dallas, you will find plenty of options that not only offer affordable rates, but also well-rounded coverage. The cheapest car insurance company in Dallas is Nationwide, according to Bankrate’s 2021 study of quoted annual premiums.
Looking for cheap car insurance rates in Dallas is understandable, considering the city’s average rates are above the national average. The average annual cost of premiums in Dallas is $2,093, or $174 monthly. For minimum coverage, the average annual premium is $641. Bear in mind while weighing your options for cheap rates that insurance agents typically caution against purchasing based on rate alone. You will probably want to ensure the provider you choose will also provide superior service when you need it the most.
Best cheap car insurance companies in Dallas
While there are multiple insurance providers available throughout Texas for review, Nationwide, USAA, Geico, State Farm and Allstate were found to be the cheapest, according to the Bankrate study of Quadrant rates. The cheapest rates were not the only consideration, though. Third-party industry ratings such as ratings from J.D. Power and AM Best, available coverage options, discounts, mobile and digital experience and annual premiums were all considered to assign each provider a Bankrate Score out of a possible five points.
If drivers in Texas are looking for the best cheap insurer in their area, it benefits the drivers to consider not only cheap car insurance companies, but how well these companies meet individual needs. Fortunately, there are several providers available offering outstanding coverage and competitive rates.
|Insurance company||Bankrate Score||
J.D. Power customer satisfaction score
|Average annual premium for full coverage||Average annual premium for minimum coverage|
*USAA not officially ranked by J.D. Power due to eligibility restrictions.
Drivers in Dallas might be able to purchase a full coverage car insurance policy from Nationwide at a below-average rate, as the company happens to be the cheapest for full coverage among the providers we reviewed. Nationwide sells a number of endorsements for flexible coverage, including accident forgiveness, a total loss deductive waiver, roadside assistance and a vanishing deductible. It does not offer rideshare insurance, which may be a drawback for some drivers.
With Nationwide you can take advantage of numerous potential discounts or enroll in Nationwide’s pay-per-mile insurance program, SmartMiles, which could be ideal for infrequent drivers.
Learn more: Nationwide Insurance review
USAA is consistently rated highly by third-party organizations like J.D. Power, but you must be affiliated with the military to qualify, which limits eligibility for many drivers. USAA offers some of the cheapest rates to drivers in Dallas on our list, plus great customer service, claims handling and some great potential discounts. The company has savings for safe drivers, good students, reduced mileage, garaging your vehicle on base, bundling your policies, taking a defensive driving course, being a loyal customer and more.
Learn more: USAA Insurance review
Geico is known for offering cheap car insurance and several unique discounts and is also the least expensive provider on our list for minimum coverage. There are savings opportunities for military personnel, federal employees, good students, emergency deployment and being accident-free, among others. Although the coverage options are slightly more limited than what other providers may offer, Geico does have a highly-rated mobile app where you can request roadside assistance, view your ID cards and get repair estimates for added convenience.
Learn more: Geico Insurance review
State Farm offers cheap rates according to our study, along with what we feel are solid online tools and a long list of potential discounts. Although it does not have the least expensive rates among the providers we chose to highlight, State Farm has savings for good students, being accident-free, insuring multiple vehicles, students away at school, having a vehicle with safety features and more. Additionally, State Farm has two safe driver rewards programs, Steer Clear for drivers under 25 and Drive Safe & Save for drivers over 25.
Learn more: State Farm Insurance review
Allstate could be a great car insurance company for Dallas drivers who want to customize their policy with endorsements, even though it currently has the highest rates among the providers we listed. Allstate offers sound system insurance, accident forgiveness, new car replacement coverage and other endorsements that provide extra protection. Allstate also offers plenty of potential discounts, including a deductible rewards program and a safe driver rewards program called Drivewise, which uses telematics to track driving habits.
Learn more: Allstate Insurance review
How to get and keep the cheapest car insurance in Dallas
Finding and keeping the cheapest car insurance could both be equally important to budget-conscious Dallas drivers. Keep the following tips in mind as you are trying to find the most affordable rates.
- Shop around. One of the best ways to find affordable rates in Dallas is to shop around and compare rates from multiple carriers. Your rates are based on your unique factors, such as driving history, credit score, vehicle type and miles driven per year. Rates from each provider can vary significantly, even though your factors are the same for each quote.
- Maintain a clean driving record. By maintaining a clean driving record, not only do you usually qualify for the lowest rates simply because you are considered a less risky driver, but you may also qualify for additional discounts. If you are concerned about your driving record, you may be able to offset some of your premium by enrolling in a telematics program or defensive driving course.
Frequently asked questions
What is the best car insurance company?
There is not one car insurance company that is the best for every driver. The best car insurance company is the one that meets your specific needs and fits your budget. Before choosing a car insurance provider, it is important to shop around and get multiple quotes. If you’re having trouble deciding, speak with a licensed insurance agent.
How can I lower my car insurance rates in Dallas?
Another method for getting the most affordable rates available is to carefully review all coverage options. It’s possible as you experience big life events, such as marriage or moving, your insurance policy needs will change. Use this time to review your selections and make changes to ensure you are not overpaying for too much coverage you no longer need.
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
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, 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.
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.
To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from J.D. Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider.
While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.