Best cheap car insurance in El Paso for 2022
According to the Texas Department of Transportation, El Paso reported more than 16,000 car crashes in 2019 alone, making it one of the top five cities in Texas for automotive accidents. Car insurance is not only mandatory in Texas but is also an important protection against traffic mishaps. On average, El Paso residents pay $554 per year for minimum coverage and $1,494 per year for full coverage, slightly lower than the national average.
El Paso residents can choose from a range of insurance providers to find the right coverage and premium for their needs. To make the shopping process easier, the Bankrate team has analyzed providers in this Texas city and taken customer satisfaction, financial strength, available discounts and breadth of coverage under consideration.
Best cheap car insurance companies in El Paso
Finding the best car insurance companies in El Paso can be a challenge. To determine what companies to feature, our team reviewed the largest insurance companies in El Paso based on market share and analyzed customer satisfaction, financial strength, available discounts, breadth of coverage and — of course — affordability.
If you are looking for the best cheap car insurance in El Paso, these companies might be a good place to start:
|Insurance company||J.D. Power score||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Allstate||832 / 1,000||$477||$1,633|
|Geico||846 / 1,000||$404||$1,354|
|Nationwide||820 / 1,000||$451||$1,302|
|State Farm||844 / 1,000||$535||$1,505|
|USAA*||878 / 1,000||$428||$1,409|
*USAA is not eligible for official ranking with J.D. Power due to eligibility restrictions
For customized coverage and high customer satisfaction, you may want to consider Allstate. The company offers various add-ons to round out your policy, such as rideshare coverage, rental reimbursement and sound system coverage. Over the years, Allstate has consistently scored well for customer service and for keeping prices low. It also has several discounts you might be able to take advantage of, including policy bundling and the safe driver program called Drivewise, which might save you some money and help you build good driving habits.
Learn more: Allstate Insurance review
As one of the cheapest car insurance companies in El Paso, Geico is hard to beat. The company has excellent customer service and great financial strength. It also offers the best digital insurance service experience, according to the 2021 J.D. Power Insurance Digital Experience Study. Coverage options are relatively basic, but those who want a decent insurance policy on a tight budget might find that Geico is the best fit.
Learn more: Geico Insurance review
Nationwide has the cheapest full coverage premium on our list and also offers a broad range of coverage options. You may be able to personalize your coverage with accident forgiveness, roadside assistance, vanishing deductible and a total loss deductible waiver. The company also offers several discounts that might help you lower your premium even more. Such discounts include savings for being accident-free, a good student, having a vehicle with certain safety equipment and signing up for automatic payments.
Learn more: Nationwide Insurance review
For tech-forward customers looking for fast, hassle-free policy management, State Farm might be a good choice. The company offers affordable rates and a dedicated customer service network of 19,000 local agents, as well as a variety of endorsements, including car rental coverage, travel expenses coverage, emergency road service coverage and rideshare driver coverage. The company also touts a long list of available discounts for safe driving, vehicle safety, customer loyalty and much more.
Learn more: State Farm Insurance review
For veterans, active military and their immediate family members, USAA could be one of the best options. With over 1.4 million veterans living in Texas, USAA car insurance could be an excellent choice for your family. The company boasts the strongest J.D. Power customer satisfaction score in Texas, although it does not qualify for official ranking due to its eligibility restrictions, and has some of the cheapest rates in El Paso. USAA does offer decent coverage options and several discounts to members and their families.
Learn more: USAA Insurance review
Cheapest car insurance in El Paso
El Paso residents pay an average of $554 annually for minimum coverage and $1,494 annually for full coverage. This is a bit less than the national average cost of car insurance, which is $565 per year for minimum coverage and $1,674 per year for full coverage. El Paso drivers pay quite a bit less for their full coverage than Texas drivers as a whole. The average cost for full coverage in Texas is $1,823 per year.
While affordability is a major factor when choosing a car insurance company, the best and the cheapest companies may not always be the same. The following table identifies the cheapest car insurance rates from the most popular carriers based on market share:
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
Be sure to review more than just price when you are shopping for insurance — financial strength, customer service scores, available coverages, discounts and policy features are also important aspects of a company to consider.
El Paso insurance requirements
Most states have a minimum amount of insurance that vehicle owners must meet or exceed to drive legally. In Texas, drivers must purchase at least the following minimum car insurance coverages in order to drive legally:
- $30,000 bodily injury liability per person
- $60,000 bodily injury liability per accident
- $25,000 property damage liability
All insurance companies must offer you personal injury protection (PIP), uninsured motorist coverage and underinsured motorist coverage, although you may reject one or more of these coverages in writing.
Minimum coverage can result in lower premiums, but could leave you with extensive out-of-pocket bills if you cause an accident. This is why most insurance agents recommend that you purchase higher liability limits if you can afford them.
Additionally, minimum coverage does not cover damage to your own vehicle. For that, you will need full coverage, which adds comprehensive and collision. If you have a loan or a lease, your lender will probably require that you carry full coverage.
Car insurance discounts in El Paso
Available discounts largely depend on the carrier you select, but there are some that most companies provide. In general, the following car insurance discounts may be found with many El Paso providers:
- Multi-policy discounts: If you buy your auto insurance from the same company as your home, condo or renters insurance policy, you might get a discount on both. Some companies offer this discount for having other products too, like life insurance.
- Vehicle safety discounts: You might earn one or more discounts for having certain safety features installed on your vehicle, like anti-lock brakes or daytime running lights.
- Telematics discounts: If you agree to let your company track your driving habits via a mobile app or a plug-in device, you could earn a personalized discount based on the data received.
- Paperless discounts: If you sign up for a paperless policy, you could save money.
You might be able to review a company’s discounts online, but often the best way to identify ways to save is to talk to a licensed agent.
Frequently asked questions
What is the best car insurance company?
The best car insurance company is largely based on your personal needs and preferences. Even though some insurers may seem more popular than others, it is only after a thorough analysis of several providers and their services that you can decide what is best for you. The first step to finding a company that fits your needs is often to determine what factors matter most to you when it comes to insurance.
How much does car insurance in El Paso cost?
According to Quadrant Information Services, El Paso residents can expect to pay an annual average premium of $1,494 for full coverage and $554 for minimum coverage limits.
How much car insurance do I need in El Paso?
In order to drive legally in the state of Texas, drivers must carry at least $30,000 in bodily injury liability coverage per person, $60,000 in bodily injury liability coverage per accident and property damage coverage of $25,000. You may want to consider higher coverages or optional endorsements to increase the protection your auto insurance policy provides.
What additional coverage do I need in El Paso?
Although not mandatory unless you have a loan or lease, full coverage, which adds collision and comprehensive coverages, may be a good purchase. Other optional coverages include gap insurance, personal injury protection (PIP), uninsured and underinsured motorist coverage, car rental reimbursement, roadside assistance and more, depending on the carrier you choose. Discussing your situation with a licensed agent might help you to choose appropriate coverages.
Bankrate utilizes Quadrant Information Services to analyze 2021 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 base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.