How much is full coverage insurance in Texas?

Car insurance in Texas costs $64 per month or $773 per year for minimum coverage, on average. The cheapest car insurance companies in Texas are State Farm, Texas Farm Bureau, and USAA, and getting quotes from several companies can help you find the best deal.

The average cost of car insurance in Texas is 15% higher than the … read full answernational average auto insurance premium. There are several factors that affect how much you’ll pay for car insurance in Texas, including your driving record, age and location, the amount of coverage you purchase, and the insurance company you buy it from.

Average Cost of Car Insurance in Texas by Category

• After an at-fault accident: $263 per month
• Driver with poor credit: $110 per month
• Teen driver: $323 per month
• After a DUI: $102 per month

Average Cost of Car Insurance in Texas by Company

Note: Rates are an approximation based on a 45-year-old man in Texas with a clean driving record. Actual rates will vary.

Average Cost of Car Insurance in Texas by Age

Note: Rates are an approximation based on a driver in Texas with minimum coverage and a clean driving record. Actual rates will vary.

How to Lower the Cost of Car Insurance in Texas

1. Shop around and compare quotes. We recommend comparing quotes from at least three different insurance companies to make sure you are getting the best rate.
2. Choose a higher deductible. Your deductible is the amount you have to pay out of pocket before your insurance kicks in. Choosing a higher deductible can lower your premiums but means you will have to pay more out-of-pocket when you file a claim.
3. Consider lowering your coverage. Consider purchasing only the minimum amount of coverage required by your state, rather than purchasing higher limits or a full coverage policy.
4. Look for discounts you may be eligible for. For instance, most insurance companies offer a good-driver discount for customers with a clean driving record, a good-student discount, or a discount for paying your premiums in full up front.

To learn more, check out our guide to how much car insurance you need in Texas as well as our picks for the cheapest car insurance companies in Texas.

Full coverage insurance costs $1,997 per year or $166 per month, on average. Full coverage car insurance is more expensive than the legal minimum auto insurance coverage because full coverage usually includes collision and comprehensive insurance as well as the minimum coverage required by a state.

The cost of full coverage car insurance varies based on the state, the driver’s chosen coverage limits, the driver’s risk factors, and the vehicle’s value. Additionally, … read full answercomprehensive and collision insurance are subject to a deductible, and drivers can select a higher deductible in return for a lower premium. Drivers can also minimize the cost of full coverage car insurance by comparing rates and checking for discounts.

Cheapest Full Coverage Insurance Companies

1. Esurance - $1,548 per year
2. Geico - $1,675 per year
3. Mercury - $1,919 per year
4. USAA - $2,002 per year
5. Progressive - $2,016 per year

Full coverage insurance in Texas is auto insurance coverage that includes state-mandated bodily injury and property damage liability coverage, plus collision and comprehensive coverage, personal injury protection, and uninsured/underinsured motorist coverage. Full coverage protects both you and your vehicle.

Full Coverage Auto Insurance in Texas

• Bodily injury liability insurance: … read full answerTexas requires a minimum of $30,000 per person and $60,000 per accident for another person’s medical expenses caused by an accident you were at fault for.

• Property damage liability insurance: At least $25,000 is required to cover another person’s property damage caused by an accident you were at fault for.

• Comprehensive insurance: The coverage limit matches your car’s actual cash value. With comprehensive coverage, your vehicle can be replaced or repaired if it is stolen or damaged by things like animals, natural disasters or falling objects. Lenders and lessors usually require comprehensive coverage for financed cars.

• Collision insurance: In Texas, or any other state, the coverage limit for collision coverage is the same as the actual cash value of your vehicle. Collision insurance pays for vehicle damage caused by things like hitting another car, a tree, or a stationary object, or damage caused by single-car accidents like rolling over. If you are financing a car, your lender or lessor may require collision insurance.

• Personal injury protection: In Texas, $2,500 worth of personal injury protection is automatically included with liability insurance. Drivers can opt out of this insurance coverage by informing their insurer in writing.

• Uninsured/underinsured motorist coverage: Insurance companies in Texas are required to offer uninsured/underinsured motorist insurance. You must decline this insurance coverage in writing if you don’t want it. Coverage limits generally match what you have for liability insurance.

Additional Auto Insurance Options in Texas

Although the insurance types listed above are the standard for full coverage in Texas, the minimum limits may not be high enough for your needs. For example, if you have $1 million in assets, you don’t want to lose it all in a lawsuit, so buying $1 million worth of liability protection would be a good idea.

Similarly, medical payments coverage (MedPay) is optional in Texas, but adding it is a relatively cheap way to cover your injuries in case of a car accident. MedPay is beneficial if your health insurance has coverage gaps, low limits, or high deductibles. However, if you have good health insurance or personal injury protection, it will offer many of the same benefits as MedPay, making MedPay unnecessary.

Other types of coverage, such as gap insurance, roadside assistance (also referred to as towing and labor coverage), and rental reimbursement coverage, are optional according to Texas law.

Ultimately, not every Texan needs every type of insurance that can be included in a full coverage policy. But it’s useful to review your needs regularly. Your situation can change over time. You want to be sure your insurance is keeping pace. For more information, check out WalletHub’s guide on full coverage insurance.