This article would sure be shorter if we could tell you the single best company that has the lowest rates in Texas. Unfortunately, it’s just not that easy, as there are a lot of unknowns such as whether you are single or married, the performance level of your vehicle, how high your deductibles should be, and if you have a tendency to get pulled over, that all impact the cost of coverage. We will try to cover the types of things that cause high car insurance rates and educate you enough to have a good start in finding the cheapest insurance in Plano.
One of the more important considerations that determine the amount you pay each year for auto insurance is where you normally keep your vehicle in Plano. Regions with more people or even just more weather-related claims tend to pay slightly more, whereas more rural areas can boast about having cheaper rates.
The information below rates the priciest cities in Texas for young drivers to buy auto insurance in. Plano is ranked #22 with the yearly price of $1,576 for the average policyholder, which is about $131 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | McAllen | $1,996 |
| 2 | Brownsville | $1,908 |
| 3 | Amarillo | $1,858 |
| 4 | Dallas | $1,837 |
| 5 | Houston | $1,835 |
| 6 | Laredo | $1,833 |
| 7 | Pasadena | $1,812 |
| 8 | Grand Prairie | $1,811 |
| 9 | Garland | $1,778 |
| 10 | Beaumont | $1,772 |
| 11 | Mesquite | $1,771 |
| 12 | San Antonio | $1,739 |
| 13 | Lubbock | $1,733 |
| 14 | Irving | $1,719 |
| 15 | Arlington | $1,692 |
| 16 | Austin | $1,659 |
| 17 | Fort Worth | $1,653 |
| 18 | Carrollton | $1,647 |
| 19 | Corpus Christi | $1,620 |
| 20 | El Paso | $1,616 |
| Compare Prices Now Go | ||
Prices are comparative as the garaging address in Plano can alter auto insurance rates significantly.
Shopping around for low-cost car insurance is tough enough, and deciding which companies quote the best car insurance rates for young drivers will take additional perseverance. Each auto insurance company uses a little different formula for determining rates, so to begin we’ll rank the most affordable car insurance companies in Plano.
Cheapest Insurance Rates for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,128 |
| 3 | Texas Farm Bureau | $1,235 |
| 4 | Germania Mutual | $1,282 |
| 5 | Esurance | $1,365 |
| 6 | California Casualty | $1,396 |
| 7 | State Farm | $1,495 |
| 8 | Mercury | $1,521 |
| 9 | Safe Auto | $1,549 |
| 10 | Nationwide | $1,585 |
| 11 | Allstate | $1,667 |
| 12 | Amica | $1,705 |
| 13 | Progressive | $1,715 |
| 14 | Home State | $2,071 |
| 15 | GEICO | $2,156 |
| 16 | MetLife | $2,227 |
| 17 | Unitrin | $2,241 |
| 18 | Encompass | $2,324 |
| 19 | 21st Century | $2,494 |
| 20 | Titan | $2,594 |
| Find Cheaper Rates Go | ||
Travelers has some of the most affordable car insurance rates in Plano at around $1,052 per year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also qualify as some of the best Plano, TX auto insurance companies.
As shown in the rates above, if you buy coverage from Germania Mutual and switched to USAA, you might see an annual premium reduction of upwards of $154. Policyholders with Esurance could save as much as $237 a year, and California Casualty customers might realize rate reductions of up to $268 a year.
It’s important to note that these estimates are averaged for all drivers and vehicles in Texas and are not factoring in a specific zip code for young drivers. So the insurer that can offer you the lowest price may not even be in the list above. That emphasizes why you need to get quotes using your own personal information and vehicle type.
Irresponsible driving raises your rates
The ideal way to find the best car insurance rates in Texas for youthful drivers is to drive safely and not have accidents or get tickets. The illustration below illustrates how violations and accident claims can impact annual premium costs for different age categories. The prices are based on a married male driver, comp and collision included, $100 deductibles, and no policy discounts are applied.
In the chart above, the average cost of a car insurance policy per year with no accidents or violations is $1,864. Get written up for one speeding ticket and the average cost surges to $2,139, an increase of $274 each year. Next add two accidents along with the one speeding ticket and the yearly cost of car insurance for young drivers jumps again to an average of $4,450. That’s an increase of $2,585, or $215 per month, just for a couple of infractions!
Ending up with the top company is difficult considering how many choices you have in Texas. The rank data shown next may help you choose which auto insurance companies you want to consider putting your business with. These ratings only include the largest auto insurers in America, so companies that may only write in Texas are not included in this list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
If you wish to have the advice of a professional agent when trying to find the best insurance rates for young drivers, the insurance agencies below can most likely help you determine which coverages are best.
To locate an agency closest to you, click the button link following the list or click here to compare price quotes.
- Hallmark Insurance Co
6500 Pinecrest Dr – Plano, TX 75024 – (800) 486-5616 - Plano, TX Car Insurance – The Gallovich Insurance Agency
1145 14th St #2117 – Plano, TX 75074 – (972) 398-0001 - Buckley Insurance Agency
3100 Independence Pkwy #216 – Plano, TX 75075 – (972) 665-0620 - Matt Lohoefer Insurance
5805 Coit Rd #401 – Plano, TX 75093 – (972) 964-0113
View more Plano, TX insurance agents
How to find economical car insurance for young drivers
It is possible to find better rates, and here are some of the better penny-pinching solutions that can help drivers quote cheaper auto insurance.
- Do not waste money insuring older vehicles for full coverage
- Buy a vehicle with excellent safety ratings
- Accident-free drivers may qualify for discounts
- You will pay more if you get tickets or have at-fault accidents
- Higher deductibles save money
- Good credit can save money
- Keep rates low by shopping around frequently
The last idea is very vital, as we hit on in the prior information. Coverage prices change constantly, so don’t hesitate to change to a new company if you can save money.
Many drivers tend to have loyalty to a certain company, but it isn’t a good idea if that loyalty ends up costing potentially thousands of dollars a year. Now is a great time to compare prices to find cheaper car insurance for young drivers in Plano.