The Cheapest Auto Insurance in Dallas, TX in 2024

Sitting at the intersection of four major interstate highways and home to one of the world’s busiest airports, Dallas, Texas, has become one of the country’s major transportation hubs. All that traffic leads to busy roadways, congestion, and, ultimately, car accidents — all of which drive up the price of car insurance.

Those factors (and others) mean the average Dallas driver pays around $272 per month for a common full-coverage auto insurance policy, and even a basic liability-only plan runs $140 per month. Still, drivers throughout the Dallas-Fort Worth metropolitan area can find substantial savings — if you know where to look.

We found that State Farm offers the lowest average auto insurance rates throughout Dallas, at just $58 per month. That being said, insurance rates are based on several personal factors, including your age, driving record, insurance history, the type of car you drive, and more.

We’ll cover which companies have the best rates for different types of Dallas drivers — as well as how much coverage you need and how to save on your monthly bill — in the sections to come.

Key Takeaways:

• The average Dallasite pays $206 per month for car insurance.
• State Farm offers the cheapest average auto insurance premiums in Dallas, at $58 per month.
• Approximately 20% of Texas drivers are uninsured, according to the Texas Department of Motor Vehicles.

How Much Is Car Insurance in Dallas?

You may not realize it, but the area you live in plays a major role in how much you pay for car insurance. After all, insurance companies look at several local factors — including crime rates, population density, accident frequencies, and more — when setting your rates. That means that drivers who live in downtown Dallas might pay something totally different than someone in other parts of Dallas County.

While neighborhood rate data can be hard to find, it’s still a good idea to understand what drivers around you pay for car insurance. The table below highlights Dallas’ average rates for different policy types alongside the averages across both Texas and the U.S. as a whole.

The average Dallas driver pays around $140 per month for a basic liability policy, while a more robust full-coverage plan typically runs $272 per month, according to Compare.com data. That equates to around $206 per month for all policy types.

For comparison’s sake, Texas’ statewide average is $189 per month, while the national average for all drivers runs around $153.

Still, you can find a much cheaper policy by choosing the right company. Let’s take a look at which companies offer the cheapest average rates across Dallas.

Dallas’ Cheapest Car Insurance Companies

While the average Dallas driver pays around $206 per month for auto insurance, you can still find a much better deal, depending on the company you choose. The table below shows the five cheapest insurers in Dallas by average monthly premium, according to Compare.com data.

State Farm offers the cheapest overall auto insurance rates, on average, in Dallas, at $58 per month. That said, it may not be the cheapest company for everyone. Many factors affect auto premiums, including the type of car you drive, your driving record, and your age. Rates can also vary significantly by insurer.

Keep reading to find out which car insurance companies are best for different types of Dallas drivers.

The Best Car Insurance Companies in Dallas in 2024

No single insurance company is best for everyone. The right company for you depends on your unique driving profile, coverage needs, and budget. The good news is you have many affordable options to choose from, no matter your needs.

Read on to see the best auto insurance companies in Dallas for three common driver profiles. We chose these companies based on a combination of average rates, available coverages and discounts, and existing customer reviews.

Best for budget-focused Dallasites: State Farm

• Compare.com Rating: 4.90 out of 5
• Average premium: $58 per month

Pros:

• Incredibly affordable rates
• Network of local agents
• Plenty of available discounts

Cons:

• Higher-than-average number of complaints
• Somewhat limited coverage choices
• Limited self-management options

State Farm offers some of the most affordable rates for drivers across Dallas. Its average rates are just $58 per month, and those affordable rates tend to extend to several different common driver profiles, including teens, high-risk drivers, and more.

The insurance giant — it currently has the largest market share of any insurer nationwide, according to National Association of Insurance Commissioners (NAIC) data — also boasts a robust network of local agents to help you find the best coverage and manage your policy when you need to make changes.

Best for low-income drivers in Dallas: Hugo

• Compare.com Rating: 3.22 out of 5
• Average premium: $111 per month

Pros:

• Purchase as few as three days of coverage at a time
• Micropayments make budgeting easier
• Potential to earn cash rewards

Cons:

• Available in only 13 states
• Provides only liability insurance in Texas
• Won’t file SR-22 forms

Hugo is a relatively new insurance company that allows drivers to purchase auto insurance coverage for a few days, weeks, or months at a time — whatever makes the most sense for your budget.

You can purchase additional coverage anytime or withdraw unspent money from your account to help pay for unexpected expenses. You can even earn cash rewards to help offset the cost of coverage.

Best for Dallas drivers who work from home: Mile Auto

• Compare.com Rating: 2.98 out of 5
• Average premium: $89 per month

Pros:

• Cheaper-than-average rates
• Doesn’t monitor driving behavior
• Potential savings of 30%–40%

Cons:

• Low online customer review scores
• Limited customization options
• No self-management options

Founded in 2017, Mile Auto offers pay-per-mile auto insurance that can help low-mileage drivers save. The company offers a relatively unique approach to billing — instead of paying a fixed premium, you pay a base rate plus a per-mile fee for the miles you drive each month. Plus, Mile Auto doesn’t track your mileage with devices or apps while driving.

Each month, just send the company a photo of your odometer to have your payment calculated. Because you pay for only the miles you drive, it’s a great option for people who work from home, are retired, or drive less than 10,000 miles per year.

Cheapest for Liability Insurance: State Farm

The coverage level you choose affects the price of your insurance policy. Drivers who purchase the minimum coverage the state requires have lower rates than drivers with higher policy limits. The average rate for these types of policies in Dallas is $140 per month, but you can find a much better deal if you know where to look.

We’ve broken down the five cheapest companies for state minimum liability insurance in the table below.

State Farm offers the most competitive rates for standard liability policies in Dallas, with an average monthly premium of just $45, according to our research.

That said, a basic liability policy provides too little coverage for many drivers. If you can’t afford to repair or replace your vehicle out of pocket, or you finance or lease your car, a more robust full-coverage policy is probably the way to go.

Cheapest for Full Coverage: State Farm

Full-coverage auto insurance typically includes liability, collision, and comprehensive coverages. Liability coverage protects other people by paying for their medical bills and property damage if you cause an accident.

Collision and comprehensive protect you by covering repairs to your vehicle after a car crash, severe weather, or theft. Lenders typically require full coverage if you have an auto loan or lease.

Full coverage costs more than a liability-only policy because it provides more protection. Let’s take a look at which companies offer the cheapest average full-coverage policies in Dallas.

State Farm offers the best full-coverage rates for many drivers, with average rates hovering around $72 per month, according to Compare.com data.

Compare Dallas Auto Insurance Rates by Age

Your age is a key factor in determining car insurance rates. Young drivers typically pay more for coverage than older drivers because they lack experience on the road. But if you maintain a clean driving record, your rates will typically decrease as you get more experience behind the wheel.

The table below shows the cheapest car insurance rates by age in Dallas.

Cheapest for Dallas teens: GEICO

Teen drivers have the highest car insurance rates of any age group because they’re the least experienced and the most statistically likely to get into an accident. Rates generally drop over time, with many drivers seeing a significant decrease in rates around age 25 — if they have a clean driving record.

GEICO offers the cheapest average liability rates for teens in Dallas, at $110 per month. That’s much lower than the citywide average of $350.

Cheapest for Dallas seniors: State Farm

As you approach retirement age, you can generally expect to pay less for car insurance than ever. Your rates may drop even more after you retire if you put fewer miles on your car.

Senior drivers in Dallas may find the lowest average monthly rate with State Farm, at $47 per month.

Compare Dallas Auto Insurance Rates by Driving Record

Your driving record is generally the most important factor auto insurers use when calculating rates. Risky behaviors, like speeding, DUIs, and other aggressive driving habits, increase the likelihood of an accident and potential insurance claims. Drivers with a track record of risky behaviors pay more for insurance.

The table below shows how different driving records affect insurance rates in Dallas.

Cheapest rates in Dallas after a ticket: State Farm

Average auto insurance premiums increase by around 27% after getting a ticket, according to Compare.com data. In Dallas, the average driver with a recent ticket pays around $287 per month — up from the $206 a driver with a clean record pays each month, according to our research.

We found that State Farm has the cheapest coverage for Dallas drivers with a speeding ticket, at $82 per month, on average.

Cheapest rates in Dallas after an accident: State Farm

Having an at-fault accident on your driving record can lead to steep insurance rate increases — typically around 34%, according to Compare.com data. In Dallas, you can expect to pay around $305 per month if you have an at-fault accident in the past three to five years, according to our research.

Compare.com data shows that Dallas drivers with an at-fault accident may find the lowest rates with State Farm, at $88 per month.

Cheapest rates in Dallas after a DUI: State Farm

Getting a DUI conviction is no joke. Not only will you need to pay substantial fines and potential court fees, but you can also expect your car insurance rates to increase by around 50%, according to Compare.com data.

In Dallas, the average driver with a DUI conviction pays $346 per month for coverage — up significantly from the average rate for people with clean records. Still, you might be able to avoid massive rate hikes by switching to State Farm. Its average rate in Dallas is just $106 per month after a DUI.

Texas Auto Insurance Requirements

Texas drivers must maintain the following auto insurance, according to the Texas Department of Insurance:

• Bodily injury liability of $30,000 per person and $60,000 per accident
• Property damage liability of $25,000 per accident

All auto insurance policies in Texas automatically include personal injury protection (PIP). You can waive this coverage if you don’t want it, but you must do so in writing.

The limits listed above are the minimum you need to drive legally, but they may not be enough to protect you if you’re in a serious accident.

You can increase your liability policy limits and purchase optional coverage for added protection, but Texas law doesn’t require it.

Penalties for driving without insurance in Texas

You could face serious penalties for driving without auto insurance in Texas, including a ticket and fine of up to $350 for your first offense.

For subsequent offenses, you may face fines up to $1,000 and driver’s license and vehicle registration suspensions. Authorities may also impound your vehicle for up to 180 days at a fee of $15 per day.

How to Get Cheaper Car Insurance in Dallas

If you’re looking to save on your next policy, check out these five tips to get the cheapest car insurance rates Dallas has to offer.

1. Increase your deductible. A deductible is the amount you pay for repairs before your insurance kicks in. Increasing it typically lowers your rate (but increases your financial responsibility if you cause an accident).
2. Drop comprehensive and collision. Maintaining comprehensive and collision coverage on older vehicles may not make financial sense. “I would advise a client to just go liability-only on an older car or anything in excess of 150,000 [miles] on the odometer,” says Williams.
3. Ask about discounts. Different companies offer different discounts. Find out which ones can save you the most.
4. Remove high-risk drivers from your insurance policy. Drivers with at-fault accidents, tickets, and other infractions cost more to insure than drivers with clean driving records. Keeping them on your policy will raise your rates.
5. Shop regularly and compare car insurance quotes. Rates can vary significantly between insurers. Comparing quotes from multiple car insurance companies is one of the best ways to make sure you’re getting the lowest possible rate.

Dallas Auto Insurance FAQs

Want to know more about purchasing auto insurance in Dallas? Here are some answers to commonly asked questions.

What’s the cheapest auto insurance company in Dallas?

State Farm has the lowest auto insurance rates in Dallas, at $58 per month, according to Compare.com data. But keep in mind that it won’t necessarily be the cheapest company for everyone. Several factors influence your premiums, including your address, age, driving record, and more.

How much is car insurance in Dallas?

The average cost of auto insurance in Dallas is $206 per month, according to our research. The average liability policy costs around $140 per month, while full coverage runs $272 monthly.

How can you find cheaper car insurance in Dallas?

Getting quotes from multiple auto insurance companies is one of the best ways to find the cheapest coverage. You may also be able to reduce your rate by increasing your deductible or dropping coverages you no longer need.

How much car insurance is required in Texas?

Drivers in Texas must have personal injury liability coverage of $30,000 per person and $60,000 per accident. You must also maintain $25,000 of property damage liability coverage per accident.

What happens if you get caught driving without insurance in Dallas?

If authorities catch you driving without insurance, you’ll likely receive a ticket and a fine of up to $350 for a first offense. And you could face a fine of up to $1,000, have your license and vehicle registration suspended, and have your vehicle impounded for subsequent offenses.

Data Methodology:

Data scientists at Compare.com analyzed more than 50 million real-time auto insurance quotes from more than 75 partner insurers in order to compile the rates and statistics seen in this article. Compare.com’s auto insurance data includes coverage analysis and details on drivers’ vehicles, driving records, insurance histories, and demographic information.

All the rates listed in this article have been collected from a combination of real Compare.com quotes and external insurance rate data gathered in collaboration with Quadrant Information Services. Compare.com uses these observations to provide readers with insights into how auto insurance companies determine their premiums.

Sources:

1. Texas Department of Motor Vehicles. “TexasSure – Insurance Verification,” accessed July 15, 2024.
2. Texas Department of Insurance. “Auto Insurance Guide,” accessed July 15, 2024.
3. Texas Department of Insurance. “FAQ: Auto insurance, claims, coverage issues, and more,” accessed July 15, 2024.
4. United States Census Bureau. “Large Southern Cities Lead Nation in Population Growth,” accessed July 15, 2024.
5. National Highway Traffic Safety Administration. “Contributing Factors to Aggressive Driving,” accessed July 15, 2024.