Best Cheap Auto Insurance in Laredo, Texas (2024)

The cheapest car insurance options in Laredo start with an average of $106 per month.

Sarah Sharkey
Written bySarah Sharkey
Sarah Sharkey
Sarah SharkeyInsurance Writer
  • 7+ years writing insurance and personal finance content

  • Contributor to top media, including USA Today

A passionate personal finance advocate, Sarah’s writing has graced the pages of many of the personal finance and insurance industries’ top web publications.

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Chris Schafer
Edited byChris Schafer
Chris Schafer
Chris SchaferSenior Editor
  • 15+ years in content creation

  • 7+ years in business and financial services content

Chris is a seasoned writer/editor with past experience across myriad industries, including insurance, SAS, finance, Medicare, logistics, marketing/advertising, and many more.

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Updated February 26, 2024 at 11:00 AM PST

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Parked on the eastern banks of the Rio Grande, Laredo sits on the border between the United States and Mexico. In fact, the city’s seal proclaims itself to be the “Gateway to Mexico.” With around 256,000 residents, it’s the state’s 11th-largest city.[1]

Laredo drivers pay an average of $167 per month for car insurance, which is close to the state average of $183 per month.

If you’re looking for car insurance in Laredo, here’s what you need to know to find the best policy for you.

Quick Facts
  • On average, full-coverage auto insurance costs $229 per month in Laredo.

  • Rates in Laredo fall below the national average, and Laredo is more affordable than many other Texas communities.

  • In Texas, auto insurance companies are allowed to consider your credit when determining rates.

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Best car insurance companies in Laredo

Every car insurance company uses a slightly different method to determine auto insurance rates. Some of the key factors considered include your age, driving record, ZIP code, and vehicle type. As a driver, this means that you can easily find different insurance rates across multiple companies based on what the insurer considers and how heavily they weigh each category.

The most efficient way to find the lowest rates is to shop around by comparing rates. Below, you’ll find out more about some of the best car insurance companies in Laredo to jump-start your search.

Best insurer for cheap rates: State Farm

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.4
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$35/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$58/mo

State Farm offers some of the cheapest car insurance rates in Laredo. The company has been in business for more than 100 years thanks, in part, to a solid reputation for helpful customer support. Customers can find a wide range of coverage options for auto insurance, and the company also offers life, pet, homeowners insurance, and more.

Pros
  • Above-average J.D. Power customer satisfaction rating in Texas

  • Affordable rates

Cons
  • Gap insurance not available

  • Not the cheapest option for drivers with poor credit

I am happy with their coverage. I just bought a new car, and my insurance quadrupled. YIKES.

Stacy - December 4, 2023
Verified

Friendly service.

John - December 4, 2023
Verified

Got insurance established fast.

Robert - December 3, 2023
Verified
Read our State Farm review

Best insurer for families: GEICO

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IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.3
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
835
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$38/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$64/mo

GEICO is instantly recognizable in the car insurance industry. But this insurance company has more to offer than a cute gecko. As a driver, you’ll find access to affordable rates through GEICO. Families looking for savings will appreciate the rates available for good drivers and young drivers.

Pros
  • Family-focused discounts for young drivers and people with good driving records

  • Accident forgiveness available

Cons
  • Below-average J.D. Power customer satisfaction rating in Texas

  • Doesn’t offer rideshare coverage

Everything good except the price.

RAY - December 4, 2023
Verified

I have not had problems; prices just remain high with little to no customer service and little benefit from 26+ years of customer loyalty.

Elizabeth - December 3, 2023
Verified

I had been with them a few years until they started raising my rates every time I was up for renewal. I got a new quote from another company that was $50 less than GEICO for the same coverage. That's not how to show customer loyalty, and it's the reason GEICO lost me as a customer.

Denise - December 3, 2023
Verified
Read our GEICO review

Best insurer for military members: USAA

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IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.3
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
880
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$62/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$104/mo

USAA offers a wide range of financial products, including home insurance and auto insurance, to qualifying members. The company works with military members, veterans, and their families. USAA also boasts high customer satisfaction ratings and an A++ (Superior) financial strength rating from AM Best.

Pros
  • Variety of discounts

  • SafePilot program can lower auto insurance costs by up to 30%

Cons
  • No 24/7 customer service

  • Only available to military members and their families

They have stopped thinking about how today's financial strain is impacting their customers.

Darcy - November 26, 2023
Verified

Not satisfied with price hike even after lowering coverage.

Linda - November 3, 2023
Verified

Wonderful service, pricing, and care.

Robert - October 24, 2023
Verified
Read our USAA review

Cheapest liability-only car insurance in Laredo

Liability car insurance can help you pay for the damage and injuries suffered by others in an accident you cause. While this type of car insurance is usually the cheapest option, it doesn’t offer any protection to cover your medical or repair costs.

Here, you can see some of the cheapest car insurance options for liability coverage in Laredo.

The below rates are estimated rates current as of: Monday, February 26 at 11:00 AM PST
Insurance CompanyAverage Monthly Quote
State Farm35
GEICO38
Mile Auto47
Hugo48
Allstate49
USAA62
Safeco74
Nationwide84
Mercury86
Midvale Home & Auto89
Progressive89
Clearcover95
Dairyland95
Chubb106
National General110
Liberty Mutual114
Elephant115
Commonwealth Casualty118
Direct Auto121
21st Century122
GAINSCO134
The General134
Bristol West148
State Auto159
AssuranceAmerica166
Infinity167
Foremost195
Hallmark210
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest full-coverage car insurance in Laredo

Full-coverage car insurance provides the same protections as liability insurance, and it includes collision and comprehensive coverages. If your vehicle is damaged in an accident or another event, this type of coverage can help pay for the repairs you need to get back on the road.

Many auto lenders require borrowers to carry this coverage before they’ll grant a loan. However, even drivers without an auto loan might benefit from carrying this enhanced protection.

Here, you can see a collection of full-coverage quotes in Laredo.

The below rates are estimated rates current as of: Monday, February 26 at 11:00 AM PST
Insurance CompanyAverage Monthly Quote
State Farm58
GEICO64
Allstate82
Mile Auto93
USAA104
Clearcover126
Hugo131
Mercury137
Nationwide149
Travelers149
Progressive157
Midvale Home & Auto159
Safeco160
Chubb177
Elephant185
21st Century204
AssuranceAmerica217
Direct Auto232
Liberty Mutual233
Dairyland239
National General244
Infinity254
The General272
Bristol West274
GAINSCO290
State Auto292
Commonwealth Casualty299
Foremost388
Hallmark410
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

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Car insurance requirements in Texas

Texas drivers must carry a minimum amount of insurance to drive legally on public roadways. Below is a breakdown of the minimum coverage requirements:[2]

CoverageMinimum Requirements
Bodily injury liability$30,000 per person and $60,000 per accident
Property damage liability$25,000

While the figures listed above comprise the minimum coverage requirements you must meet, you may also look to acquire coverage that goes beyond the minimum. If that sounds appealing to you, you may want to consider the following coverage options:

  • illustration card https://a.storyblok.com/f/162273/x/169fdfde11/liability-coverage.svg

    Collision coverage

    If you cause an accident that damages your own car, collision insurance kicks in to cover the cost of your repairs.

  • illustration card https://a.storyblok.com/f/162273/x/665da91bf7/comprehensive-coverage.svg

    Comprehensive coverage

    If a non-collision event damages your car, such as severe weather, theft, or vandalism, comprehensive coverage kicks in.

  • illustration card https://a.storyblok.com/f/162273/x/5285c4cd74/uninsured-or-underinsured-motorist-coverage.svg

    Uninsured/underinsured motorist coverage

    If you get in an accident with a driver who doesn’t have enough car insurance or any car insurance, this coverage will pay for the cost of your repairs and medical bills.

Cheapest car insurance for drivers with an incident

If you make a mistake on the road, you could end up with a traffic violation on your record. Some of the most serious driving incidents include speeding tickets, at-fault accidents, and driving under the influence. Insurers view these incidents as an indication you’re more likely to engage in future risky behavior, and they’ll often raise your rates to protect against your increased likelihood of filing a claim.

In the sections that follow, you’ll see how each incident type can affect your rates in Laredo.

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Cheapest car insurance for drivers with a speeding ticket

A speeding ticket usually comes with a fine. But after you pay the fine, you might also face higher car insurance costs. The good news is that the increase might not be significant and your rates should lower again once the ticket leaves your record.

The average rate for full coverage with a speeding ticket in Laredo is $319, and here you can see quotes from top insurers in the area.

The below rates are estimated rates current as of: Monday, February 26 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm7244
GEICO8148
Allstate10462
USAA13279
Mile Auto13870
Clearcover171129
Hugo18367
Nationwide191108
Mercury199125
Progressive207118
Safeco219101
Chubb228137
Elephant237147
21st Century270162
AssuranceAmerica297228
Direct Auto308160
National General311140
Dairyland313124
Liberty Mutual318156
Infinity339223
Bristol West353191
The General357176
GAINSCO359166
Commonwealth Casualty369146
State Auto400218
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with an at-fault accident

Insurance companies tend to associate at-fault accidents with riskier behavior. This all translates into higher car insurance premiums. The average rate in Laredo for full-coverage insurance with an at-fault accident on your record is $340.

Here’s a look at some of the cheapest car insurance companies in Laredo for drivers with an at-fault accident on their record.

The below rates are estimated rates current as of: Monday, February 26 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm7847
GEICO8752
Allstate11166
USAA14184
Mile Auto14875
Hugo17865
Nationwide204115
Clearcover210158
Mercury212133
Progressive222126
Safeco237110
Chubb242145
Elephant254158
21st Century286171
AssuranceAmerica312238
Direct Auto329171
Dairyland331131
National General336152
Liberty Mutual339166
Infinity341224
Bristol West370200
The General382188
GAINSCO387179
Commonwealth Casualty408161
State Auto434236
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI

Insurers see DUIs as a very serious moving violation, and if you have a DUI on your record, you can expect your rates to rise dramatically. Some insurers may drop your coverage altogether and if you aren’t dropped, you can expect to pay $385 per month for full coverage, on average.

Here’s a look at the most affordable rates in Laredo for drivers with a DUI.

The below rates are estimated rates current as of: Monday, February 26 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm9457
GEICO10361
Allstate13379
Mile Auto15076
USAA168100
Hugo20374
Clearcover204154
Mercury225141
Nationwide241136
Progressive254144
Safeco259120
Chubb286171
Elephant299186
21st Century330197
Direct Auto338176
AssuranceAmerica351268
Liberty Mutual377184
Dairyland386154
National General394178
Infinity411270
Commonwealth Casualty437172
The General440217
Bristol West443239
GAINSCO469217
State Auto472257
Foremost627315
Hallmark663339
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors

Many insurance companies take your age into account when determining rates. In general, drivers start to enjoy gradually lower rates starting between the ages of 25 and 35. But after decades of lower rates, drivers hitting age 75 tend to face higher insurance costs. The average monthly rate for seniors is $118 in Laredo

These higher rates are due, in part, to the reduced faculties of older drivers as well as the increased likelihood of costly medical bills should a senior be involved in an accident.

Below is a closer look at the average monthly quotes for senior drivers in Laredo.

The below rates are estimated rates current as of: Monday, February 26 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm3018
GEICO3621
Allstate4728
Mile Auto5528
USAA6036
Progressive7140
Nationwide7441
Chubb8450
Mercury8754
Clearcover10478
Elephant10666
Safeco10850
21st Century10965
AssuranceAmerica12092
Direct Auto12967
Liberty Mutual13566
Dairyland14758
Bristol West16288
National General16474
The General18089
GAINSCO19088
Commonwealth Casualty19175
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens

Teen drivers have the least experience on the road and are more likely to engage in risky behavior, like driving at night, distracted driving, and speeding. Not surprisingly, then, young drivers face some of the highest car insurance costs on the market. Teens in Laredo pay an average rate of $285 for car insurance.

The good news is you can make sure you don’t overpay by shopping around for better rates, keeping teen drivers on their parents’ policy, choosing a higher deductible, and maintaining good grades.

Here, you can see the average quotes available for teens in Laredo.

The below rates are estimated rates current as of: Monday, February 26 at 11:00 AM PST
Insurance CompanyAverage Quote: Full CoverageAverage Quote: Liability Only
State Farm9759
GEICO9858
Allstate14184
USAA168100
Mile Auto17388
Clearcover221166
Hugo23084
Mercury247155
Nationwide249140
Progressive274155
Safeco280130
Elephant299186
Chubb319191
21st Century332199
Dairyland378150
Liberty Mutual387189
AssuranceAmerica402307
Direct Auto413216
The General424209
Bristol West444240
National General455205
Infinity466306
GAINSCO512237
State Auto512279
Commonwealth Casualty515203
Foremost680342
Hallmark718368
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

How to get the cheapest car insurance in Laredo

Car insurance is a legal requirement in Texas, and while you can’t skip the expense, you can find ways to lower your costs. Here are a few ways to lower your rates:

  • Shop around. Every insurance company offers slightly different rates. Shopping around and comparing quotes can help you lock in the best policy for you at the most affordable rate.

  • Look for discounts. Many insurance companies provide discount opportunities. You can get discounts for bundling, in-vehicle safety features, and good driving. You can also check with your employer or any other organization you belong to and see if they have any discounts with certain insurers.

  • Increase your deductible. You can usually tap into lower rates by raising your insurance deductible. If you have the money to cover a claim, this choice can lead to savings.

Find Car Insurance in Laredo, Texas

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Laredo car insurance quotes by credit tier

Texas, like most other states, allows insurers to look at your credit when determining premiums. In Laredo, drivers with poor credit scores tend to pay more for car insurance than drivers with excellent or good credit scores.

If you want to improve your credit score, paying your bills on time and paying down high-interest debt can improve your score.

Here, you can see how your credit score affects the rates you might get in Laredo.

Rates by Credit Tier

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Is car insurance more expensive in Laredo?

The average cost of a full-coverage car insurance policy is $229 per month in Laredo. That’s close to the national average of $172 per month.

In general, cities with less traffic congestion and a lower population density see better rates than those with higher crime rates and more traffic.

More cities in Texas

Texas is a big state, and rates fluctuate across different areas. Below, you can see how the average full-coverage quote in Laredo compares to other cities in the state.

CityAverage Monthly QuoteCompared to Laredo
Arlington$1885%
Austin$169-6%
Dallas$19911%
El Paso$178-1%
Fort Worth$1821%
Houston$22927%
Irving$1874%
Katy$20815%
Plano$173-4%
San Antonio$177-2%
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Laredo car insurance FAQs

Laredo’s car insurance rates are already very affordable, but you may be able to reduce the rates you pay even more with the information presented below.

  • How much is car insurance in Laredo, Texas?

    You can expect to pay about $229 per month for full coverage and $106 for liability coverage in Laredo. These rates are near the national averages.

  • What are the best car insurance companies in Laredo?

    State Farm, GEICO, and USAA rank as three of the top insurance companies in Laredo. All three have Insurify Quality Scores of 4.4, 4.2, and 4.3, respectively. In addition, these insurers are among the area leaders for low rates, and each has been recognized for its customer service and financial stability.

  • What factors affect the cost of car insurance in Laredo?

    Many things affect the rate you pay for car insurance, including your age, credit, marital status, driving history, and the vehicle you drive. Geography plays a role as well, and if you live in an area where accidents are more common or with a higher risk of crime, you’re apt to pay more for your car insurance.

  • How much is car insurance in Texas per month?

    The average rate for car insurance in Texas is $183 per month. The average monthly rate for liability-only coverage is $119, and the average rate for full coverage is $247 per month.

Methodology

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

  • Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
  • Property damage limits between $10,000 and $50,000
  • No additional coverage
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • Comprehensive coverage with a $1,000 deductible
  • Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

Sources

  1. World Population Review. "Texas Cities by Population." Accessed August 31, 2023
  2. Texas Department of Insurance. "Automobile Insurance Guide." Accessed August 31, 2023
Sarah Sharkey
Sarah SharkeyInsurance Writer

Sarah Sharkey is a personal finance writer who enjoys helping people make savvy financial decisions. She covered insurance and personal finance topics. You can find her work on Business Insider, Money Under 30, Rocket Mortgage, Bankrate, and more. Connect with her on LinkedIn.

Chris Schafer
Edited byChris SchaferSenior Editor
Chris Schafer
Chris SchaferSenior Editor
  • 15+ years in content creation

  • 7+ years in business and financial services content

Chris is a seasoned writer/editor with past experience across myriad industries, including insurance, SAS, finance, Medicare, logistics, marketing/advertising, and many more.

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