Cheapest Auto Insurance in Plano, Texas (2024)

State Farm offers the cheapest car insurance in Plano, with liability rates of $38 per month.

Elizabeth Rivelli
Elizabeth Rivelli
  • 5+ years writing insurance and personal finance topics

  • Auto, home, health, and life insurance expertise

Elizabeth has extensive insurance industry experience, having written for Insureon, Rate Retriever, and Insurify. She’s also finance and insurance editor for Car and Driver.

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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 June 20, 2024

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Cheapest recent rates near Plano, Texas

Drivers using Insurify have found quotes as cheap as $40/mo for liability only and $61/mo for full coverage in Plano and other Texas cities.

*Quotes generated for Insurify users in and around Plano, Texas within the last 10 days. Last updated on June 20, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from June 20, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users in and around Plano, Texas within the last 10 days. Last updated on June 20, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from June 20, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

The overall average monthly cost of car insurance in Plano is $184. This is consistent with the total Texas state average of $185 per month. 

That’s at least partly because Plano is susceptible to some weather risks but generally escapes the strongest storms, like hurricanes.[1] As a result, Plano drivers pay cheaper premiums than drivers in some other parts of Texas, like Houston.

State Farm, GEICO, and Allstate are the cheapest car insurance companies for Plano drivers. However, while rates are lower in Plano, you can still reduce your car insurance costs even more by comparing quotes from multiple insurers

Quick Facts
  • Texas allows insurers to review your credit history when assigning rates.

  • The average cost of full-coverage car insurance in Plano is $244 per month, while liability-only policies average $124 per month.

  • Plano had 4,936 motor vehicle accidents in 2022 — 14 of which were fatal, according to Texas Department of Transportation data.[2]

Cheapest car insurance companies in Plano

Many car insurance companies serve drivers in Plano, but not all insurers are the same. The best car insurance company for you will depend on your individual situation, coverage needs, and budget. That’s why it’s important to compare quotes from several insurers to find the best policy for you.

As you begin your search for insurance in Plano, keep the following three insurers in mind.

Insurance CompanyIQ 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.
Full CoverageLiability OnlyBest For
State Farm9.3$64$37Affordable rates
USAA9.4$114$67Military members
GEICO9.0$70$41Discounts
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.
  • Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

    We rate each company on a 1-to-5 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.

    • Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
    • Customer satisfaction: To calculate this score, Insurify analyzed more than 28,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
    • Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
    • Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
    • Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.

Best insurer for affordable 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.
4.6
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.
$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

State Farm offers some of the lowest average rates in Plano. The insurer also has some of the highest third-party ratings. In J.D. Power’s 2023 Auto Insurance Study, State Farm is rated above average for overall customer satisfaction in Texas.[3]The company also has an A++ financial strength rating from AM Best.

Pros
  • Cheapest average rates in Plano

  • Superior third-party ratings

Cons
  • Few endorsements available

  • Only offers gap insurance if you finance through State Farm Bank

Read our State Farm review
Ronald - June 20, 2024
Verified

Excellent Outcome

They were professional, helpful, supportive, and knowledgeable.

Henry Crognale - June 20, 2024
Verified

Good

Excellent customer service.

Carole - June 20, 2024
Verified

Fair

It's too expensive for seniors.

Best insurer for military members: USAA

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.
4.7
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.
$68/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.
$112/mo

Plano drivers who are active-duty or retired military personnel can get excellent car insurance from USAA. The company sells car insurance only to members of the Armed Forces and their immediate family members. USAA stands out for its affordable premiums, excellent ratings, and discounts. 

The company offers savings for smart students, accident-free drivers, garaging your vehicle on a military base, bundling your policies, insuring a car with certain safety features, and more.

Pros
  • Good selection of discounts

  • Low average rates in Plano

Cons
  • Only available to active-duty service members and veterans

  • Limited endorsements available

Read our USAA review
Claude - June 20, 2024
Verified

Excellent

Outstanding all the time.

Christie - June 18, 2024
Verified

Ok

I have had USAA banking and auto insurance for 20 years. I just changed my bank account and am now looking for new insurance. They used to be awesome and nobody could even make me think of switching, but it seems people these days don't care about good customers.

John - June 18, 2024
Verified

USAA is tough to beat

I have yet to receive a quote that beats USAA!

Best insurer for discounts: GEICO

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.
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.
$42/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.
$69/mo

If you’re looking for a car insurance company with numerous discounts, GEICO is a good insurer to consider. GEICO offers discounts for safe drivers, smart students, federal employees, military personnel, bundling policies, insuring multiple vehicles, taking a defensive driving course, insuring a car with airbags or daytime running lights, and more. GEICO also has below-average rates for drivers in Plano.

Pros
  • Cheap average rates for Plano drivers

  • Many discounts for additional savings

Cons
  • Doesn’t offer many endorsements

  • Rated below average for customer satisfaction

Read our GEICO review
Solomon - June 20, 2024
Verified

Educated Consumer

It's a good company; however, search other companies for a cheaper cost.

Gloria - June 20, 2024
Verified

Expensive

It's a good insurance, just expensive for me at this time.

George - June 20, 2024
Verified

Been with them for 22 years and no one has yet beaten their price for me

Check with other companies first. One of the best things they offer is a monthly policy term.

How to get the cheapest car insurance in Plano

Car insurance rates are personalized depending on factors like your age, credit history, ZIP code, marital status, and driving record. Additionally, car insurance companies charge different rates for the same types of coverage.

Fortunately, you have several ways to lower your car insurance costs, including the following:

  • Raise your deductible. Your deductible is the out-of-pocket cost you must pay when you have a claim. Choosing a higher deductible will reduce your monthly premium.

  • Bundle your policies. Most insurance companies offer a generous discount if you purchase multiple insurance products, like car insurance with homeowners insurance or renters insurance.

  • Take a defensive driving course. Taking an approved defensive driving course can often help you save money on car insurance.

  • Pay in full. You can typically get cheap car insurance in Plano if you pay your annual premium up front in a lump sum.

  • Compare rates. It’s a good idea to get quotes from multiple insurance companies to find the most affordable policy for your unique situation.

Find Cheap Car Insurance in Plano, Texas

Rates start at $38 per month for liability coverage

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Cheapest liability-only car insurance in Plano: State Farm

Liability car insurance covers your financial responsibility when you cause a car accident that results in someone else’s bodily injuries or property damages. However, it doesn’t provide any coverage for your own medical bills or vehicle repairs.

State Farm is the cheapest insurance company for liability-only coverage in Plano, based on Insurify rate data. State Farm’s lowest minimum-coverage rate is $38 per month.

On average, liability insurance costs Plano drivers $124 per month. Below, you can see the cheapest liability-only insurance companies in Plano.

The below rates are estimated rates current as of: Tuesday, June 18 at 12:00 PM PDT
Insurance CompanyAverage Monthly Quote
State Farm$38
GEICO$42
Allstate$54
Mile Auto$54
Hugo$56
USAA$68
Safeco$81
Nationwide$86
Mercury$90
Midvale Home & Auto$97
Progressive$97
Dairyland$103
Clearcover$110
Chubb$115
National General$120
Liberty Mutual$125
Elephant$127
Direct Auto$131
21st Century$133
Commonwealth Casualty$134
The General$141
GAINSCO$153
Bristol West$158
State Auto$177
AssuranceAmerica$178
Infinity$190
Hallmark$211
Foremost$217
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 Plano: State Farm

Full-coverage auto insurance provides more coverage than liability-only insurance. A full-coverage policy includes collision and comprehensive insurance.

Collision covers repairs to your vehicle when you collide with another car or an object such as a tree, fence, or light pole. Comprehensive pays to repair your car after damage from non-collision incidents, such as theft, vandalism, hail, or flooding.

Full coverage is optional for most drivers. However, it’s often a requirement if you lease or finance your vehicle.

On average, full coverage costs Plano drivers $244 per month. Here are the cheapest companies for full-coverage car insurance in Plano.

The below rates are estimated rates current as of: Tuesday, June 18 at 12:00 PM PDT
Insurance CompanyAverage Monthly Quote
State Farm$64
GEICO$69
Allstate$90
Mile Auto$111
USAA$112
Clearcover$141
Hugo$143
Mercury$143
Nationwide$162
Safeco$169
Progressive$171
Midvale Home & Auto$174
Chubb$192
Elephant$213
21st Century$222
AssuranceAmerica$237
Liberty Mutual$262
Direct Auto$266
National General$266
Dairyland$268
Infinity$296
The General$296
Bristol West$315
State Auto$321
GAINSCO$334
Commonwealth Casualty$350
Foremost$444
Hallmark$459
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 recent rates near Plano, Texas

Drivers using Insurify have found quotes as cheap as $40/mo for liability only and $61/mo for full coverage in Plano and other Texas cities.

*Quotes generated for Insurify users in and around Plano, Texas within the last 10 days. Last updated on June 20, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from June 20, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users in and around Plano, Texas within the last 10 days. Last updated on June 20, 2024

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from June 20, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

Car insurance requirements in Texas

Car insurance is legally required for all vehicle owners in Texas, and drivers must carry a minimum amount of coverage. Drivers need to have liability insurance with policy limits of at least 30/60/25.[4]

Because Texas is a fault state, the at-fault driver’s insurance compensates the other party for their bodily injury and property damage losses.

Here’s a look at the minimum insurance requirements to drive legally in Texas:

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

In addition to the required coverages listed above, you may also benefit from optional coverages. Here are some of the most common car insurance endorsements you might consider:

  • illustration card https://a.storyblok.com/f/162273/100x100/9997698e9e/emergency-roadside-service.svg

    Roadside assistance coverage

    This policy covers basic roadside vehicle services, like flat tire changes, battery replacements, fuel delivery, and towing up to a certain distance.

  • illustration card https://a.storyblok.com/f/162273/100x100/24f1697280/car-key.svg

    Rental car reimbursement coverage

    If your vehicle needs to be repaired after a covered claim, this policy will cover a rental car for a certain period of time.

  • illustration card https://a.storyblok.com/f/162273/x/abffe6238f/financial-protection.svg

    Gap insurance

    If you lease or finance your vehicle and it gets totaled, gap insurance can help pay the remaining balance of your loan.

  • illustration card https://a.storyblok.com/f/162273/100x100/31bb162db0/accident-forgiveness.svg

    Accident forgiveness

    This coverage ensures your first at-fault accident won’t affect your car insurance premium. However, you’ll generally need to have a clean driving record for at least three years to be eligible for this coverage.

Cheapest car insurance for drivers with an incident

Drivers with an incident on their record, like a speeding ticket or at-fault accident, generally pay the highest rates for coverage because insurers deem them riskier to insure. More serious violations, like driving under the influence, usually have the biggest effect on auto insurance rates and could cause some insurers to drop coverage altogether.

In the chart below, you can see how individual incident types affect liability rates in Plano.

The below rates are estimated rates current as of: Tuesday, June 18 at 12:00 PM PDT
Insurance CompanyClean Driving RecordWith Speeding TicketWith At-Fault AccidentWith DUI
State Farm$38$49$53$65
GEICO$42$55$59$72
Allstate$54$70$75$93
Mile Auto$54$75$81$84
Hugo$56$77$75$96
USAA$68$88$95$116
Safeco$81$107$110$139
Nationwide$86$113$121$147
Mercury$90$125$133$139
Midvale Home & Auto$97$131$143$166
Progressive$97$127$137$166
Dairyland$103$135$143$176
Clearcover$110$144$163$188
Chubb$115$152$161$197
National General$120$155$168$206
Liberty Mutual$125$179$189$214
Elephant$127$182$173$218
Direct Auto$131$171$186$224
21st Century$133$178$189$228
Commonwealth Casualty$134$192$184$230
The General$141$185$200$242
GAINSCO$153$219$206$262
Bristol West$158$204$217$271
State Auto$177$249$269$303
AssuranceAmerica$178$236$248$305
Infinity$190$257$261$325
Hallmark$211$274$284$361
Foremost$217$310$329$372
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.

Average cost of car insurance by age

Age is one of the biggest factors that affect your car insurance premium. Young drivers and teen drivers usually pay higher insurance rates because they lack experience behind the wheel. Teens also have a higher accident rate than any other age group.[5]

Rates then usually decrease around age 35 before rising again around age 70. Data shows that senior drivers are more likely to be involved in injury and fatal collisions than middle-aged drivers, which makes them more risky to insure.[6]

In the table below, you can see the average quotes for car insurance for Plano drivers in different age groups.

AgeAverage Monthly Quote
Teens$403
20s$280
30s$206
40s$184
50s$161
60s$151
70s$164
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.

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Plano car insurance quotes by credit tier

Texas allows car insurance companies to use credit-based insurance scores. Insurers calculate these scores based on your personal credit history. Plano drivers with excellent or good credit typically pay lower rates than drivers with poor credit.

Here, you can see the average monthly car insurance rates in Plano based on your credit tier.

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.

Plano car insurance FAQs

Looking for more information to help you find the best car insurance rates in Plano? Consult the answers below.

  • How much is car insurance in Plano?

    The total average rate for car insurance in Plano is $184 per month. The average rate for liability-only coverage is $124 per month, and the average rate for full-coverage insurance is $244 per month.

  • Who has the cheapest car insurance in Plano?

    State Farm offers the cheapest car insurance in Plano, at a rate of $38 per month. You can also find affordable car insurance rates from GEICO and Allstate, which offer liability rates of $42 and $54, respectively. Keep in mind that the best way to find the best policy for you is to compare quotes from several insurers.

  • What are the best car insurance companies in Plano?

    State Farm, USAA, and GEICO rank as three of the top insurers in Plano. These insurers offer some of the area’s most competitive rates, and each has been recognized for its customer service, financial strength, and discounts offered.

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. Risk Factor. "Does Plano have Wind Risk?."
  2. Texas Department of Transportation. "Crashes and Injuries, Cities and Towns."
  3. J.D. Power. "Auto Insurance Customer Satisfaction Plummets as Rates Continue to Surge, J.D. Power Finds."
  4. Texas Department of Insurance. "Shopping for auto insurance: What to know before you buy a policy."
  5. CDC. "Teen Drivers and Passengers: Get the Facts."
  6. CDC. "Older Adult Drivers."
Elizabeth Rivelli
Elizabeth Rivelli

Elizabeth Rivelli is a freelance writer covering insurance and personal finance. She has extensive knowledge of various insurance lines, including property and casualty, health, and life insurance. Her byline has been featured in dozens of publications, including Investopedia, Forbes, Bankrate, NextAdvisor, and Insurance.com

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.

Featured in

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