Best cheap car insurance in Midland

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The Texas Department of Transportation’s database shows there were 2,659 vehicle crashes reported in Midland, Texas, in 2020. It is no wonder that minimum and full coverage car insurance in Midland costs an average of $449 and $1,678 respectively, according to Bankrate’s 2021 study of quoted annual premiums. The best car insurance in Midland is vital to financially protect yourself in case of an accident, and to be able to keep the expenses low, it is necessary to find the cheapest car insurance Midland prices.

Like most states, Texas requires mandatory car insurance and it is illegal to drive uninsured. To get the most budget-friendly rates in Midland, coverage options, discounts, third-party scores and customer satisfaction ratings were compared, aside from the price.

Best car insurance companies in Midland

After looking at rates, customer reviews and the financial strength of over a dozen car insurance companies, four stand out for offering the best cheap car insurance in Midland.

Insurance company J.D. Power score Average annual premium for minimum coverage Average annual premium for full coverage
Geico 846 / 1,000 $322 $1,312
USAA 878 / 1,000 $341 $1,281
Nationwide 820 / 1,000 $421 $1,117
White Mountains NR $430 $1,541

Quadrant Information Services, 2020

Geico

Drivers in search of the best cheap car insurance in Midland should start with Geico. The insurer has 16 discounts, a few of which you can group together to maximize your savings. According to Geico, you’ll save “$500 or more in 15 minutes” when you get a quote. You also likely won’t have to worry about compromising quality for cost — Geico ranks third in Texas for customer satisfaction.

USAA

USAA gets high customer satisfaction in Texas according to J.D. Power’s study. A fast claims process, happy customers and cheap car insurance that’s $100 less on average than the citywide average can’t be beaten. USAA only insures veterans, military personnel and their families.

Nationwide

Midlands residents with a safe driving history could save the most by choosing Nationwide. The carrier’s discounts for drivers with a clean driving record include up to 10% off for accident-free policyholders and the opportunity to enroll in Nationwide’s telematics program, Smart Ride. Download the app and allow it to track your driving and you’ll receive 10% after enrollment, plus another 40% off your premiums for safe driving.

White Mountains

White Mountains car insurance is available to Midland residents through Esurance. The website’s coverage counselor makes buying car coverage simple by asking you basic questions to determine the best car insurance for your needs. Of the four carriers in this best cheap car insurance in Midland list, White Mountains car insurance is recommended for drivers who are comfortable buying and managing their car insurance online or through a mobile app.

Cheapest car insurance in Midland

As mentioned, average premiums in Midland are $449 for minimum coverage and $1,678 for full insurance. The rates are well below the state of Texas average of $524 and $1,823. To find the best rates, take a few minutes to collect several car insurance quotes Midland to compare. If you’re not sure where to start, consider the following carriers:

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Geico $322 $1,312
USAA $341 $1,281
Nationwide $421 $1,117
Allstate $442 $1,463
Mercury $456 $1,501

Each of the five carriers focus on a different type of driver. Geico is a good, all-around car insurance company for most drivers looking for affordable coverage. USAA is only available to military personnel and their families.

Nationwide and Allstate are both best for drivers with a clean driving record who are in search of full coverage or in need of additional insurance options, such as rideshare insurance. Drivers having trouble getting insured because of past accidents or convictions should have better luck getting coverage through Mercury Insurance.

Midland insurance requirements

Midland drivers must have a minimum amount of car insurance to legally drive:

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

However, minimum car insurance may not be enough. Most car loan companies will require full coverage car insurance. Even if you own your vehicle free and clear and don’t have to meet the requirement, the minimum amount of coverage the state requires is liability insurance, which will not pay for damages to your own vehicle.

Car insurance discounts in Midland

Some discounts Midland residents should take advantage of include:

  • Military discounts
  • Defensive driving courses
  • Multi-car
  • Anti-theft system

To get the biggest savings, be sure to bundle your car insurance and homeowners or renters coverage with one company. And regardless of your driving record, enrolling in a carrier’s telematics program can save you as much as 40% off on your premiums. You’ll need to download an app that tracks your driving habits. Drive safely and you’ll get rewarded with discounts on your premiums.

Frequently asked questions

What is the best car insurance company?

There are several reputable car insurance companies operating in MIdland. Some are large, national carriers and others are smaller, more regional companies. Based on customer ratings and price, Geico and USAA may be the best car insurance companies in Midland. However, the best way to find the right one for you is by getting several car insurance quotes Midland and comparing what each carrier has to offer.

How much does car insurance in Midland cost?

We did some research to find the annual cost of car insurance in Midland. After getting quotes from several carriers, the average cost of minimum coverage is $449 per year. For full insurance (liability, comprehensive and collision) the average annual premiums are $1,678.

Is car insurance in MIdland cheaper than the rest of Texas?

The average annual cost of car insurance in Texas is $524 for minimum and $1,823 for full coverage. Midland’s rates are $449 and $1,678, which are lower than the state average.

How much car insurance do I need in Midland, TX?

You’ll need 30/60/25 liability coverage of at least $30,000 in bodily injury per person, $60,000 in bodily injury per accident and $25,000 in property damage per accident.

Methodology

Methodology
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.

Written by
Cynthia Paez Bowman
Personal Finance Contributor
Cynthia Paez Bowman is a finance and business journalist who has been featured in Bankrate, Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and TheSimpleDollar.com. She regularly travels to Africa and the Middle East to consult with women’s NGOs about small business development and works with select startups and women-owned businesses to provide growth and visibility.
Edited by
Insurance Editor