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North Texas is home to some notoriously congested traffic, with the Dallas-Fort Worth-Arlington area named sixth for worst commutes in the country, according to a recent study. Fort Worth drivers must carry car insurance per Texas state law, and comparing average costs across car insurance carriers will give you a better sense of what you might expect to pay and could help you to save money as you search for the coverage you need. In Fort Worth, the average cost of car insurance for full coverage is $1,968 per year, with average minimum coverage costing $548 per year. Bankrate’s insurance editorial team has compiled average rates for some of the top carriers in the region and analyzed that data along with other key metrics to help you identify the best company for you as you start your search for affordable car insurance in Fort Worth.
Best cheap car insurance companies in Fort Worth
The cheapest car insurance companies in Fort Worth based on our research and analysis are State Farm, Geico and Mercury. These providers stand out for their affordable premiums based on average rate data provided by Quadrant Information Services.
Bankrate has assigned each company a score on a five-point scale based on their generous savings opportunities, policy offerings, customer satisfaction scores from the J.D. Power 2023 Auto Insurance Study and financial strength ratings. When shopping for a policy, readers can look to each Bankrate Score for a quick idea of a company’s competitive edge.
|Insurance company||Bankrate Score||J.D. Power score (Texas region)||Average annual premium for full coverage||Average annual premium for minimum coverage|
State Farm is the largest car insurance company in the country by market share and offers the lowest average rates in Fort Worth for full coverage car insurance, which includes financial protection for your own vehicle. State Farm stands out for its long list of potential discounts and safe driver rewards programs, including Steer Clear for young drivers and Drive Safe and Save for adults. Additionally, drivers may save up to 20 percent by insuring multiple vehicles, up to 17 percent for bundling policies and up to 25 percent for getting good grades in school. State Farm might be a good option for drivers who want to handle their insurance business with a real person, as the company offers numerous local exclusive agents. However, if you need gap insurance or want to purchase an accident forgiveness endorsement, another provider may be a better option, as State Farm offers neither.
Learn more: State Farm Insurance review
Geico offers the cheapest minimum car insurance in Fort Worth on average on our list but offers fewer coverage options than some other providers, so it may not be the best choice for drivers who want to customize their policy. Still, budget-conscious drivers may be able to take advantage of numerous discounts, including potential savings for military members, federal employees, emergency deployment and employee/membership groups. The company did receive the highest Bankrate Score on our list and also received the 2023 Bankrate Award for best car insurance company (tied with Amica), so it may be worth checking out if you’re looking for a good experience.
Learn more: Geico Insurance review
Mercury Insurance offers standard coverage and common discount opportunities, plus a mileage-based rewards program called RealDrive. Its average rates for full and minimum coverage are slightly more expensive but still lower than the citywide Fort Worth average. Fort Worth drivers might also get a lower premium by having an anti-theft device in their vehicle, being a good student, insuring multiple vehicles, paying in full or being a safe driver. The company is not rated by J.D. Power’s Auto Insurance Study in the Texas region, however, and it does not offer gap insurance.
Learn more: Mercury Insurance review
Nationwide might be a good potential option for Fort Worth drivers who are looking for robust coverage options without paying a high premium. Nationwide also offers several endorsements, including accident forgiveness, a total loss deductible waiver and gap insurance. There is also a disappearing deductible program available and potential discounts for good students, having a vehicle with an anti-theft device, being claims-free, enrolling in auto pay and more. Nationwide is not rated in the Texas region in the J.D. Power 2023 Auto Insurance Study, but it is worth noting that it consistently ranks below average in other regions where it is rated as well as in the usage-based insurance program category, indicating that customer service may not be its biggest strength.
Learn more: Nationwide Insurance review
How to get and keep the cheapest car insurance in Fort Worth
Finding good, cheap car insurance for your needs can be a challenge, but so can keeping it. Here are a couple of tips about the best strategies for finding and keeping affordable car insurance in Fort Worth.
- Shop around and compare quotes: With a broad variety of insurers from small local operations to large multinational companies, drivers in DFW have many options to select from for their car insurance. All insurers use numerous factors to calculate your premium (and weigh each factor differently) so one of the best ways to find cheap car insurance is to request quotes from multiple companies for the same coverage types and limits to compare.
- Practice safe driving habits: Drivers with a clean driving record not only get the cheapest car insurance rates, but keeping incidents off your record over time can also help you keep those low rates. If you are a safe driver who practices good habits, consider enrolling in your insurer’s telematics program (most car insurance companies offer one) and allow it to track your driving in real time for additional savings opportunities. Keep in mind that some insurers might also raise your rate if you practice unsafe driving habits.
Frequently asked questions
The best car insurance company for you will depend on your personal needs for coverage. Your vehicle, driving history and other factors will be used to create your unique quote. Consider what you want out of your car insurance company. Is it cheap rates, excellent customer service or the opportunity to work with a local agent? Select a few companies that offer what you want, then request quotes from each to compare and find the best company and coverage for you.
What your car insurance covers will depend on the type of policy you purchase and the company that provides your insurance. Minimum liability coverage is required in most states, including Texas; while it is typically the cheapest option, it may also lack the financial protections you need. That’s why many drivers opt for full coverage, which includes comprehensive and collision coverage for your own vehicle. There are also other coverage types and numerous car insurance endorsements available for you to customize your coverage.
Fort Worth drivers are required to carry at least 30/60/25 liability coverage to legally operate their vehicle. Even though it is not a no-fault state, Texas has mandated personal injury protection (PIP) coverage, though you may reject this coverage in writing. Similarly, uninsured and underinsured coverage must also be offered, but can be rejected in writing. While some drivers may turn down coverage types to save money, others choose to purchase full coverage insurance for more protection. Most lenders require drivers to purchase full coverage car insurance if they have a leased or financed vehicle.
Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. 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 coverage that meets each state’s requirements. Our base profile drivers own a 2021 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.
Our 2023 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.
Like our previous Bankrate Scores, each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. This year, our 2023 scoring model provides a more comprehensive view, indicating when companies excel across several key areas and better highlighting where they fall short.
- Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, 2023 quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best and the NAIC, were analyzed.
- Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
- Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.