Best cheap car insurance in Grand Prairie for 2022
The average cost of insurance in Grand Prairie, Texas, is $606 per year for minimum coverage, while full coverage averages $1,968 per year. This is higher than the national average of $1,674 annually for full coverage, which means drivers may be looking for the best cheap insurance options in the area.
Grand Prairie is located within the larger Dallas County area. Dallas County recorded over 48,000 vehicle crashes in 2020. With such a large number of accidents on record, finding the best car insurance companies in Grand Prairie can save both money and headaches if you find yourself among one of these statistics.
Best car insurance companies in Grand Prairie
Not only do Geico, USAA, Nationwide and Allstate offer competitive rates among the carriers surveyed, but each company has distinct advantages. Bankrate reviewed the rate analysis pulled from Quadrant Information Services as well as features of each carrier to determine what makes each one stand out.
|Insurance company||J.D. Power score
|Average annual premium for minimum coverage||Average annual premium for full coverage|
Geico has not only offered auto insurance for over 75 years, it is now the second largest auto insurance provider in the country. While Geico falls below the industry average within the Texas region scores for J.D. Power, it still maintains an impressive Superior A++ AM Best rating, which is the highest possible rating for financial strength. For those who are trying to find the cheapest rates in Grand Prairie, Geico has the most discounts among these four carriers.
If you are a current member of the Armed Forces or a veteran, then USAA offers insurance products tailored to the needs of the military. It offers the standard options you would expect, such as comprehensive, collision and gap insurance, but there are perks you may not realize. For instance, USAA does not charge extra fees if you choose to take advantage of an installment plan, versus paying premiums in a lump sum.
For drivers who prefer added flexibility to both payments and coverage options, you may prefer the programs offered by Nationwide. The accident forgiveness program allows you to pay a slightly higher amount for annual premiums, but if you are charged with an at-fault accident, your premiums remain the same. The Vanishing Deductible® decreases the deductible each year by $100 if you remain claims-free, in addition to a variety of discounts.
Allstate offers several “extras” for a policy, both as a benefit and to help keep premiums as low as possible. For instance, if you drive a brand new vehicle, the optional Vehicle Replacement program replaces a new car if it is less than two years old. The DriveWise program is also an option available for drivers. This offers additional potential savings if you allow Allstate to record your driving habits via the mobile app.
Cheapest car insurance in Grand Prairie
The average cost of insurance in Grand Prairie is $606 for minimum coverage, and $1,968 for full coverage. This is higher than the average for Texas, which is $1,823 per year for full coverage. It is even more expensive than the national average of $1,674, which makes finding the cheapest car insurance rates especially important.
The chart below is a snapshot of five national carriers offering cheap insurance rates in Grand Prairie. Not only do each of these have rates below the market average, the carriers each have achieved at least an Excellent A rating through AM Best. Each one offers an app for those who prefer to manage their policies on their smartphone or tablet, but Allstate and Geico have the most positive reviews overall for the digital experience.
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
Grand Prairie insurance requirements
Like almost all places in the country, Texas requires drivers to carry a minimum amount of liability insurance. This includes 30/60/25, which means:
- $30,000 bodily injury liability coverage per person
- $60,000 bodily injury liability coverage per accident
- $25,000 property damage liability coverage per accident
Uninsured and underinsured motorist coverages, as well as personal injury protection (PIP) must be offered but can be rejected in writing.
Not only does purchasing above and beyond the minimum legal requirements provide greater financial protection, it may also be required depending on the vehicle you drive. If you lease or finance it, almost all lenders require additional comprehensive and collision coverage, which provide more financial protection if the vehicle is involved in an accident or damaged from peril events (such as hail or theft).
Car insurance discounts in Grand Prairie
To find the cheapest rates in Grand Prairie, look for discounts offered by carriers. Some of the discounts require very little effort but still result in savings.
- Safety equipment: If a vehicle includes airbags, anti-lock brakes, daytime running lights or other safety equipment features, then it may make a driver eligible for additional savings.
- Multi-policy: Adding on an auto insurance policy with the same carrier you purchase a homeowners or rental policy from is a way to potentially reduce the amount you pay for premiums.
- Good student: For high school or college students who maintain at least a B average, most carriers offer a potential good student discount as a way to stay motivated and save.
- Paid-in-full: Paying premiums in a lump sum, versus monthly or quarterly installments, is another way to potentially save on rates.
This list represents a small portion of available discounts. Many carriers offer much more, including discounts for signing up online or receiving an online quote. Other carriers, such as Geico, offer affiliation discounts, which give you added savings simply for being a member of a specific alumni association or a club membership.
Frequently asked questions
What is the best car insurance company?
There are numerous ways to determine the best car insurance company for both budget and driving circumstances. Reviewing multiple factors, such as customer service ratings, coverage and discount options, digital assets and financial ratings is one of the most comprehensive ways to find the best car insurance for your financial needs.
How much car insurance do I need in Grand Prairie?
When deciding how much car insurance you need, first consider what is legally required where you live. Then make sure the liability portion is adequate for both your net worth and driving needs. You should also understand what is required by the lender if you finance or lease a vehicle, which could include adding comprehensive, collision and gap insurance.
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 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.