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Average car insurance rates in Dallas, TX are above the national average, so many drivers might be interested in cheap car insurance. The average annual auto insurance premium in Dallas is $2,038, or $170 per month. That’s over 14% more than the national average of $1,771. For minimum coverage, the average annual premium in Dallas is $619, compared to $545 nationally.

According to Bankrate’s 2022 Listed Annual Premiums Study, the cheapest auto insurance companies in Dallas are State Farm, Geico, and Esurance. These three carriers offer average fares in Dallas below the city average.

Best Cheap Auto Insurance Companies in Dallas

The drivers in the lone star state have many insurance companies to choose from, but we have found that some of the cheapest car insurance in Dallas is offered by State Farm, Geico, Esurance, USAA and Mercury, at rates provided by Quadrant Information Services.

In addition to cheap rates, these providers have also generally performed well in industry ratings by third parties like the JD Power car insurance study 2022. These carriers have solid AM Best ratings for financial strength along with robust coverage options, varied discounts, and user-friendly digital tools. All of these metrics were taken into account when assigning each carrier a Bankrate Score. With a maximum score of 5.0, the Bankrate Score can help buyers better identify insurance companies that might meet their needs. If you are looking for the best cheap auto insurance in Dallas, you might start with a quote of these companies:

state farm 4.7 851/1000 $1,437 $498
Geico 4.7 843/1000 $1,466 $448
Insurance 4.2 Unclassified $1,608 $567
USAA* 5.0 885/1000 $1,639 $518
Mercury 4.2 Unclassified $1,681 $553

*USAA is not officially rated by JD Power due to eligibility restrictions.

state farm

In addition to having some of the cheapest rates for comprehensive insurance on our list, State Farm policyholders can also save on their auto insurance with the company’s long list of discounts. State Farm expands its potential discounts for good students, being accident free, insuring multiple vehicles, having a vehicle with safety features and more. Additionally, State Farm offers two rewards programs for safe drivers, stay away for drivers under 25 and Drive safely and save for drivers over 25 years old. Although State Farm scores well on many metrics, the company may not have as many add-on options as the other carriers on this list, including no gap insurance.

Learn more: State Farm Insurance Review

Geico

Geico is well known for offering cheap car insurance and several unique discounts. The carrier is one of the cheapest on our list for minimum coverage, and policyholders can extend their savings opportunities with discounts for military personnel, federal employees, student vouchers, emergency deployment, and being accident-free. Although the company only has three additional coverage options announced, Geico has a very high rating. mobile app where policyholders can request roadside assistance, view ID cards and obtain repair estimates.

Learn more: Geico Insurance Review

Insurance

Esurance is a fully digital insurance company backed by Allstate. It offers a host of online and mobile resources to virtually manage your policy and file claims. While these digital resources may be convenient for some, those who prefer working with agents in person may not benefit from the experience as much. Although Esurance is not rated by JD Power, it holds an A+ (Superior) rating from AM Best for financial strength. Esurance may not be the best option for drivers looking for discounts, but it does offer its DriveSense telematics program and a potential discount for bundling auto and renter policies.

Learn more: Esurance Insurance Review

USAA

The USAA is consistently well-rated by third-party organizations like JD Power, but you must be affiliated with the military to qualify, which may limit eligibility for many drivers. In addition to offering some of the cheapest average fares in Dallas, the USAA extends a number of possibilities discounts to policyholders, including savings for parking a vehicle on base, maintaining a good driving record, and bundling with a home or renters insurance policy. USAA may not offer as many options for policy customization like some other carriers, but it offers roadside assistance, rental reimbursement, and car replacement assistance.

Learn more: USAA Insurance Review

Mercury

Mercury offers a strong local agent presence in the 11 states where the company operates. Mercury offers all standard auto insurance types of cover as well as rental car reimbursement, ride-sharing coverage, and coverage for underinsured and uninsured motorists. While its average rates may be higher than others on our list, its premiums are still well below the Dallas and national averages. Mercury has online and mobile resources for applications and policy management, but not for filing claims. Mercury policyholders can save on their premium with an extensive list of potential discounts including anti-theft, good student, multi-car functions and its RealDrive telematics program.

Learn more: Mercury Insurance Review

How to Get and Keep the Cheapest Auto Insurance in Dallas

Finding cheap auto insurance rates can be great news for your wallet, but keeping rates low usually takes hard work and smart driving. The following tips might help you find cheap rates and keep them over time.

  • To find cheap fares, shop around: To get cheap rates, most insurance professionals recommend shopping around and compare quotes from several carriers. Car insurance rates can vary depending on your personal factorsthen comparing quotes may be the best way to find cheap rates that suit your situation.
  • To keep fares low, maintain a good driving record: Driving records can be one of the most influential variables used when determining insurance premiums. If you are concerned about your driving record, you may be able to offset some of your premium by signing up for a telematics program.

Frequently Asked Questions

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