Best cheap car insurance in San Antonio for 2024

Best cheap car insurance companies in San Antonio

To help drivers find the best car insurance companies in San Antonio, Bankrate’s editorial team analyzed third-party ratings from J.D. Power along with the latest premium data available from Quadrant Information Services. We looked for Texas car insurance companies whose average rates were below the citywide average of $2,627 per year for full coverage and $793 for state minimum coverage.

The cheapest car insurance companies in San Antonio

We analyzed the cheapest carriers offering coverage in Texas to find the best cheap car insurance companies in San Antonio. As of April 2024, the three cheapest auto insurance companies in San Antonio are Geico, State Farm and USAA, with Geico customers paying an average of $490 per year for state minimum coverage. If you’re looking for the cheapest car insurance in San Antonio, consider getting quotes from them and the other cheap car insurance companies listed below.

How much is car insurance in San Antonio, Texas?

The average cost of car insurance in San Antonio, Texas is $2,627 per year for full coverage and $793 per year for state minimum coverage. Full coverage costs 0 percent more than the Texas state average, while minimum coverage costs 4 percent more.

San Antonio rates for teens

On average, 18-year-old drivers in San Antonio pay $7,056 per year for a stand-alone full coverage policy and $2,449 per year for minimum coverage. Teen car insurance rates tend to be well above average because teens lack driving experience, leading to a high rate of accidents and violations in the 16- to 19-year-old age group. Staying on a parent’s policy throughout the teenage years can reduce the cost of coverage for San Antonio’s youngest drivers.

San Antonio rates for young drivers

San Antonio drivers aged 25 pay 85 percent less for minimum coverage, on average, than 18-year-old drivers. Rates begin to drop more rapidly after age 25, when most drivers have nearly 10 years of experience.

San Antonio rates for adults

In adulthood, car insurance rates typically stabilize, with fluctuations based on changes to your driver profile or market forces such as inflation. On average, a 50-year-old San Antonio driver pays 13 percent less for a full coverage policy than a 30-year-old driver. Keep in mind, though, that your own driving record, coverage needs and vehicle type can affect the cost of coverage.

San Antonio rates for senior drivers

San Antonio drivers typically pay the lowest rates for car insurance as they enter their senior years. However, rates may climb after age 70, as reaction times tend to slow and drivers become more likely to sustain serious injuries in an accident. On average, 60-year-olds with full coverage in San Antonio pay $2,390 per year, 7 percent less than 70-year-old drivers.

The cheapest car insurance in San Antonio by driving record

Your Texas driving record helps insurance companies to estimate the amount of risk you may carry as a policyholder. Drivers with past violations — from speeding tickets to more serious offenses like reckless driving or driving under the influence — typically pay higher premiums to account for the added risk they represent to carriers. Understanding how your driving record could impact your rates may help those seeking affordable car insurance in San Antonio to find a provider with the cheapest rates for their profile.

Car insurance with a speeding ticket in San Antonio

A speeding ticket conviction carries financial penalties and can raise the cost of your auto insurance policy. In San Antonio, drivers with speeding ticket convictions pay 10 percent more for full coverage, on average, than drivers with clean records. At the state level, Texas drivers with speeding tickets pay 9 percent more than drivers with clean records.

Car insurance after an accident in San Antonio

Drivers with full coverage who are found at fault in an accident pay 44 percent more, on average, than drivers with no accidents on their record. At the state level, drivers with at-fault accidents pay 44 percent more.

Car insurance after a DUI in San Antonio

The penalties for impaired driving in Texas include fines up to $2,000 and at least three mandatory days of jail time, with possible jail time up to 180 days. A DUI conviction can also increase the cost of your auto insurance, with Texas drivers with DUIs paying 58 percent more, on average, for state minimum coverage. In San Antonio, drivers with DUIs pay 57 percent more for minimum coverage compared to drivers with clean records.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze the latest rates in April 2024 for ZIP codes and carriers in all 50 states and Washington, D.C. Rates include the most recent approved rate changes filed by insurance companies that affect our profile. These revised rates are then weighted based on the population density in each geographic region so that policyholders can see the impact rates have in their areas. 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 2022 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.

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket and single DUI conviction.

Age: Rates were calculated by evaluating our base profile with the ages 20-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Teens: Rates were determined by adding a 16- or 18-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.

Bankrate Score methodology

Our 2024 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.

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. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, average 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, Demotech 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.