In Texas, the cheapest auto insurance coverage for young drivers ages 16 to 25 is from State Farm and GEICO. MoneyGeek's analysis was based on examples of drivers for all ages within that range. After evaluating Texas auto insurance companies based on affordability, claims experience, customer satisfaction, and financial strength, MoneyGeek found that State Farm and GEICO are the best insurers in the state. Based on ValuePenguin's editor's ratings, which factor in coverage options, customer service and rates, State Farm is the best auto insurance company in Texas.
Texas auto insurers are required to offer uninsured motorist (UM) coverage, underinsured motorist (UIM) coverage, and personal injury protection (PIP), all of which you can refuse in writing. State Farm, Geico, and USAA remain the most affordable insurers for drivers, offering rates that are 36%, 16%, and 32% cheaper than the state average, respectively. USAA offers cheap car insurance in Texas to members of the military, veterans and their immediate family members. Active duty men and women who leave Texas temporarily should check with their insurance company before leaving.
Not only are older drivers required to participate in more regular license renewals and exams, but they often pay higher insurance rates in Texas. Insurance companies vary in the way they set rates, so some insurers such as Texas Farm Bureau and Geico offer higher average rates than other insurers in the state assessed by Forbes Advisor. However, this may not be the case for everyone, as car insurance rates are based on numerous factors, including individual qualifying factors. Under Texas law, uninsured residents can legally drive if they provide proof of financial responsibility.
If you've purchased low-liability car insurance, others may sue you for their accident bills that exceed your insurance limits. Comprehensive and collision coverage covers many other situations, including car thefts, hail, fires, falling objects, vandalism, and collisions with animals and birds. Shopping is worth it, especially right before a teenage driver goes to college or owns his first car. Typically, the cheapest car insurance in Texas is a policy that meets the state's minimum liability coverage requirements.