The Cheapest Auto Insurance in Fort Worth in 2024

Drivers in Fort Worth, Texas, pay an average monthly rate of $183 for auto insurance, according to Compare.com data. State Farm is the cheapest company for most drivers — though your exact costs will vary depending on your driver profile. And if State Farm isn’t the best company for you, several other insurers offer rates below the average.

In this guide, we’ll explore Fort Worth’s cheapest car insurance companies to help you find the best coverage.

Key Takeaways:

• State Farm offers the lowest average car insurance premium in Fort Worth, at $52 per month.
• Fort Worth drivers pay an average of $126 per month for liability-only insurance and $241 for full coverage.
• Texas state law requires all drivers to have at least 30/60/25 in liability limits.

In This Article:

• Average Price for Car Insurance in Fort Worth
• Cheapest Fort Worth Car Insurance Companies
• Best Fort Worth Car Insurance Companies of 2024
• Fort Worth Rate Breakdowns by Driver and Coverage Type
• Texas Auto Insurance Requirements
• Frequently Asked Questions

How Much Is Car Insurance in Fort Worth?

The following table shows Fort Worth’s average rates for different types of policies, as well as how they compare to statewide and national averages.

Fort Worth car insurance rates average $126 per month for liability-only insurance and $241 for full coverage, according to our analysis. It’s helpful to understand the average rates in your city, but the actual costs will depend on your unique driving profile. Your auto insurance rates can also vary depending on the insurance company you choose.

Now, let’s take a closer look at some of the cheapest insurers in Fort Worth.

Fort Worth’s Cheapest Car Insurance Companies

Though the average rate in Fort Worth is $183 per month, you still have plenty of ways to save on car insurance. Comparing car insurance quotes from different companies will help you find the best price and coverage for your situation.

The following table outlines the five cheapest car insurance companies in Fort Worth.

State Farm is the cheapest option for Fort Worth drivers, with a monthly average rate of $52, according to Compare.com data. But price isn’t the only factor you should consider — another company may be better for you based on your unique driver profile.

In the next sections, we’ll highlight the most affordable insurance companies by the top rating factors and various demographics.

Top 3 Best Fort Worth Insurance Companies of 2024

No single company is the “best” for every driver because many factors affect the cost of insurance. The best company for you depends on your specific circumstances.

We picked the following companies based on average rates, available discounts, customer ratings and reviews, and coverage options in Fort Worth. If you’re looking for your next auto insurer in Fort Worth, here are the top three companies to consider.

Best for cheap rates: State Farm

• Average premium: $52 per month
• Compare.com Rating: 4.90 out of 5

Pros:

• Low monthly premiums
• Teen discounts available
• Above-average J.D. Power score

Cons:

• Must purchase a policy through an insurance agent
• Recently downgraded by AM Best
• Doesn’t offer gap insurance

State Farm offers some of the cheapest rates for Fort Worth drivers, according to our research. The company’s low rates may be partly due to the many discounts it offers. You can earn a discount for good driving behavior, staying accident-free, and bundling your auto and homeowners insurance policies.

Teen drivers can also save in several ways with State Farm’s good student, driver training, and student away at school discounts.

Best for classic car owners: Allstate

• Average premium: $74 per month
• Compare.com Rating: 4.93 out of 5

Pros:

• Classic car insurance available
• Rideshare insurance available
• Teen driver training program

Cons:

• Doesn’t offer pay-per-mile insurance in Texas
• Below-average J.D. Power score
• Poorly rated on Trustpilot

Allstate offers special insurance options for classic and vintage car owners. When you buy your policy, Allstate will work with you to determine your vehicle’s “agreed value.” That way, you’ll receive the true cost to repair or replace your vehicle. You also have the freedom to choose where your car receives repairs.

Best for military members: USAA

• Average premium: $93 per month
• Compare.com Rating: 4.91 out of 5

Pros:

• 24/7 claims and policy updates available
• Superior AM Best rating
• Above-average J.D. Power score

Cons:

• Not available to most drivers
• Rates slightly higher than other insurers listed
• Doesn’t offer gap insurance

USAA offers some of the lowest rates on the market but is only available to military members, veterans, and their families. You can receive a 15% discount if you garage your vehicle on base. USAA also offers a legacy discount that lets you save an additional 10% if your parents have a USAA policy. The company is highly rated for its financial strength and customer satisfaction.

Cheapest Company for Liability Insurance: State Farm

Your coverage level affects how much you pay for auto insurance. Liability coverage at the state-minimum limits is the cheapest policy available. It covers the injuries and property damage of others after you cause an accident, but it doesn’t cover your injuries or vehicle damage.

The average liability policy in Fort Worth costs $126 per month, but several other insurers offer cheaper average rates.

The table below highlights the five cheapest companies offering liability-only policies in Fort Worth, according to Compare.com data.

State Farm is the cheapest option for liability-only coverage in Fort Worth. Its average monthly rate is $40, according to Compare.com data.

Now, let’s explore the cheapest auto insurers for full coverage in Fort Worth.

Cheapest Company for Full-Coverage Insurance: State Farm

Full-coverage insurance includes liability, comprehensive, and collision insurance. It’s important to have because it provides you with the most robust coverage, which is also why it costs more. In Texas, full coverage pays for your injuries and car damage after a car accident. It also pays for non-collision incidents like vandalism, theft, and severe weather damage.

The average full-coverage policy costs $241 per month in Fort Worth. Here are five companies offering the cheapest full coverage in the city, according to Compare.com data.

State Farm offers the cheapest full-coverage insurance in Fort Worth, with an average monthly premium of $64.

Compare Fort Worth Auto Insurance Rates by Driving Record

Your driving record also has a significant effect on your car insurance rates. Drivers with a clean record will always pay the lowest rates for car insurance. If you have a history of driving-related incidents, insurance companies view you as a higher risk and will raise your rates to offset this risk.

The table below shows the average monthly premiums for different driving records and the cheapest insurer for each infraction, according to Compare.com data.

In the next section, we’ll take a closer look at each infraction and the cheapest auto insurer in Fort Worth.

Cheapest insurer in Fort Worth after a ticket: State Farm

Speeding is a contributing factor in many accidents. In 2022, speeding contributed to roughly 29% of all fatal car crashes, according to the Insurance Institute for Highway Safety (IIHS). Just one speeding ticket increases auto insurance premiums by 27% nationally, according to Compare.com data.

State Farm is the cheapest option for Fort Worth drivers with a recent ticket, with an average monthly rate of $73.

Cheapest insurer in Fort Worth after an accident: State Farm

Getting in an at-fault accident will almost always cause your rates to go up. That’s because insurers will see you as a higher risk and more likely to file a claim. On average, rates rise by 34% nationally, according to Compare.com data.

State Farm is the cheapest option for Fort Worth drivers with an at-fault accident on their record. Its average monthly premium is just $78.

Cheapest insurer in Fort Worth after a DUI: State Farm

Driving under the influence (DUI) will cause your rates to increase much more substantially than any other traffic violation. We found that a DUI conviction raises rates nationwide by 50%.

State Farm is the best option if you have a DUI in Fort Worth. The company charges an average of $94 per month, according to our analysis.

Compare Fort Worth Auto Insurance Rates by Age

Age is another important factor that affects your car insurance costs. Older drivers tend to have fewer accidents, so they pay less for auto insurance than younger drivers. On the other hand, young drivers under the age of 25 tend to pay the highest rates for car insurance due to their lack of experience. But rates tend to increase slightly once you reach age 70.

Here are the average monthly rates in Fort Worth for drivers by age and the cheapest insurer for each group, according to Compare.com data.

In the next two sections, we’ll highlight the cheapest insurers in Fort Worth for teens and seniors.

Cheapest for Fort Worth teens: State Farm

Teen drivers are by far the most expensive age group to insure, largely due to their inexperience behind the wheel. Car crashes are a leading cause of death for teens in the U.S., according to the Centers for Disease Control and Prevention (CDC).

State Farm is the cheapest option for teens in Fort Worth, with a monthly average rate of $97, according to our data.

Cheapest for Fort Worth seniors: State Farm

Senior drivers pay some of the cheapest rates possible for car insurance (good news for drivers approaching retirement age). That’s because drivers over the age of 55 tend to be more careful and are more likely to follow road rules, according to the Insurance Information Institute (Triple-I). Retirees also tend to spend less time driving than other age groups.

State Farm is the cheapest choice for seniors in Fort Worth, according to our analysis. The insurer charges an average monthly rate of $42 for drivers in their 60s and $41 for drivers in their 70s.

Texas Auto Insurance Requirements

Texas law requires all drivers to meet the following minimum coverage requirements:

• $30,000 of bodily injury liability coverage per person
• $60,000 of bodily injury liability coverage per accident
• $25,000 of property damage liability coverage per accident
• $2,500 of personal injury protection (PIP) coverage

But the state recommends buying more coverage than the minimum requirements. If you’re involved in a multi-vehicle accident or the accident totals the other driver’s car, the costs can quickly exceed your coverage. If your insurer won’t cover the full cost of the accident, you’ll have to pay the remaining charges out of pocket.

How to Get Cheaper Car Insurance in Fort Worth

Many factors determine the cost of car insurance, including your ZIP code, mileage, and credit history. While you can’t control every factor, saving on your auto insurance premiums in Fort Worth is possible. Here are four ways you can find cheap car insurance rates:

• Bundle your policies: Most insurers will offer you a discount for buying multiple policies with the same company. For example, you could receive a discount for bundling your auto and home insurance.
• Maintain good credit: Most states allow insurers to consider your credit history when evaluating you for coverage. Maintaining good credit will help you qualify for better rates on car insurance.
• Increase your deductible: Your deductible is a one-time, out-of-pocket expense you’ll pay when filing an insurance claim. You can reduce your premiums by choosing a larger deductible (but you’ll take on more financial responsibility if you file a claim).
• Shop around and compare quotes: Compare quotes from at least three different companies to find the best rates and coverage.

Fort Worth Auto Insurance FAQs

Here are some answers to commonly asked questions about auto insurance in Fort Worth.

Which company has the cheapest car insurance in Fort Worth?

State Farm offers the cheapest car insurance in Fort Worth, with an average rate of $52 per month, according to our analysis. But the company may not be the cheapest for you since auto insurance rates depend on your unique driving profile.

What’s the average price for car insurance in Fort Worth?

The average cost of car insurance in Fort Worth is $183 per month, according to Compare.com data. Remember, average rates are only a guideline, and personal rates vary widely among drivers.

What’s the best car insurance company in Fort Worth?

It depends. The best car insurance company depends on your specific circumstances and the type of coverage you’re looking for. Different companies offer coverages and discounts that benefit drivers in different demographics. That said, State Farm offers the cheapest overall rates on average in Fort Worth, according to our research.

How much car insurance coverage does Texas require?

Texas state law requires drivers to purchase $30,000 per person in bodily injury liability coverage and $60,000 in bodily injury liability per accident. You also need at least $25,000 in property damage coverage.

What happens if you drive without insurance in Fort Worth?

If law enforcement catches you driving without insurance in Fort Worth, a first offense will result in a fine ranging from $175 to $350. A second fine will result in a fine ranging from $350 to $1,000 and a license suspension until you provide proof of insurance.

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 Insurance, “Auto insurance guide,” accessed July 16, 2024.
2. J.D. Power, “2024 U.S. Insurance Shopping Study,” accessed July 16, 2024.
3. AM Best, “AM Best Downgrades Credit Ratings of State Farm General Insurance Company,” accessed July 16, 2024.
4. Trustpilot, “Allstate Reviews,” accessed July 16, 2024.
5. AM Best, “AM Best Affirms Credit Ratings of United Services Automobile Association, Its Subsidiaries and USAA Capital Corporation,” accessed July 16, 2024.
6. NAIC, “Consumer Auto,” accessed July 16, 2024.
7. IIHS, “Speed,” accessed July 16, 2024.
8. Insurance Information Institute, “Do auto insurance premiums go up after a claim?” accessed July 16, 2024.
9. Texas Department of Transportation, “Impaired driving and penalties,” accessed July 16, 2024.
10. CDC, “Teen Drivers,” accessed July 16, 2024.
11. Texas Statutes, “Transportation Code,” accessed July 16, 2024.