The company with the cheapest car insurance in San Antonio is State Farm, according to Bankrate’s 2022 Annual Premium Listing Study. The average cost of auto insurance in San Antonio for full coverage is $1,857 per year, or about $155 per month. For minimum coverage, the average annual minimum coverage premium is $573.
Although minimum coverage offers the cheapest rates, insurance experts generally recommend buying enough coverage to help you avoid huge costs if you cause an accident. Auto insurance coverage, especially liability insurance, protects you financially if you cause injury or property damage in an accident. With minimum coverage, the coverage limits are quite low and chances are you will have to pay for some of the damage yourself if you cause a serious accident. The minimum coverage also does not cover damage to your own vehicle or injuries you may sustain in an at-fault accident.
Best car insurance companies in San Antonio
The best and cheapest car insurance companies in San Antonio include State Farm, Geico, Mercury, USAA and Nationwide, according to Bankrate’s rate analysis provided by Quadrant Information Services. To find the best auto insurance companies in San Antonio with the most affordable rates, Bankrate reviewed dozens of carriers and assigned a Bankrate score.
The Bankrate Score is based on a five-point scale and uses several criteria, including average annual premiums, coverage options, discounts, online policies and features, mobile accessibility, third-party customer service scores from JD Power and financial strength ratings from AM Best. . The Bankrate Score, along with the actual average annual rates from each car insurance company we’ve researched, can help Texas drivers find the best cheap car insurance companies in San Antonio.
*USAA does not qualify for official ranking with JD Power due to eligibility restrictions.
State Farm offers the lowest average annual car insurance rates in San Antonio on our list. It also happens to be one of the cheapest car insurance companies in Texas for drivers convicted of speeding. The carrier earns a high Bankrate score of 4.7 and ranks sixth for Automobile Claims Satisfaction, although it is below average in the Texas region for overall customer service satisfaction. State Farm has dedicated agents for those who prefer a personalized experience. San Antonio drivers can also customize their auto insurance with coverage options like car rental and travel expenses, emergency road service, and ride-sharing coverage.
Learn more: State Farm Insurance Review
With a Bankrate score of 4.7, Geico ranks quite high in all the categories we studied. It also offers San Antonio drivers the second lowest average full coverage premium of the lowest average minimum coverage rates on our list. You could save even more with Geico’s deep discounts, like savings for federal employees, student vouchers, and military. Although the policies are relatively basic and there aren’t many optional coverages to tailor your policy to your needs, Geico might be a good choice if budget is your biggest concern. Although the carrier scored above average for auto claims satisfaction, it scores below the industry average for the Texas region for customer satisfaction.
Learn more: Geico Insurance Review
Offering insurance coverage in only 11 states, Mercury was not ranked in any of the JD Power studies. However, it has a respectable Bankrate score of 4.2 and offers lower rates than the average of the insurance companies we studied in San Antonio. Mercury offers standard coverage options and potential discounts, which can help San Antonio drivers keep rates low. With an average rate increase of 34% after conviction, Mercury may not be the best choice for those with a speeding ticket, but the company could be a good option for drivers with poor credit who need affordable coverage.
Learn more: Mercury Insurance Review
San Antonio is known as Military City, USA because it has four military bases. USAA specializes in affordable auto insurance for active and retired military members and eligible family members. Although the company does not qualify for an official ranking with JD Power due to its eligibility restrictions, it consistently receives very high customer service scores in both studies. It also receives the highest available Bankrate Score of 5.0, and while it has one of the highest average rates than most of the other San Antonio carriers we studied, its average rates are still well below the city average. If you’re eligible for coverage, you may be able to save with military-focused discounts, like savings for parking your vehicle on a military base or storing your car while you’re deployed.
Learn more: USAA Insurance Review
At national scale
Although Nationwide has the highest average fares on our cheap list, it’s still below the San Antonio average. While Nationwide earned a bank rate score of 4.4, it fell below average for automotive claims satisfaction and did not rank in the Texas region for customer satisfaction. However, Nationwide offers some of the cheapest average fares for drivers with bad credit. The carrier also offers several coverage options to customize your auto insurance, such as Gap Insurance, Car Rental, Accident Excess Waiver, Missing Excess and Loss Waiver. deductible in the event of total loss.
Learn more: National Insurance Review
How to Get and Keep the Cheapest Auto Insurance in San Antonio
To get and keep the cheapest auto insurance in San Antonio, drivers need to practice safe driving habits. Insurance companies generally offer the most affordable rates to those with a clean driving record, so being responsible behind the wheel can help you get the cheapest rates while getting the best car insurance in San Antonio.
- Get multiple quotes. Shopping around and comparing quotes is a great way to get affordable rates. Insurance companies have their own rate structures, so getting multiple quotes can help you find the one with the cheapest rates.
- Maintain clean driving records. When you practice safe driving habits, you are more likely to avoid tickets and accidents. This can help you keep rates affordable and make you eligible for certain incentives, like no-claims discount and accident benefit. Most auto insurance companies also offer telematics programs that reward safe driving habits.
Frequently Asked Questions
Bankrate uses Quadrant Information Services to analyze 2022 rates for all zip codes and carriers in all 50 states and Washington, D.C. Rates shown are based on a 40-year-old male and female with a clean driving record, credit and the following complete information coverage limits:
- Civil liability of $100,000 in bodily injury per person
- Civil liability of $300,000 in bodily injury per accident
- Civil liability of $50,000 in property damage per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 aggregate deductible
To determine minimum coverage limits, Bankrate has used minimum coverages that meet each state’s requirements. Our basic profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles per year.
These are sampling rates and should only be used for comparison purposes.