GITNUX MARKETDATA REPORT 2024

Statistics About The Average Car Insurance Cost Texas

The average car insurance cost in Texas is around $1,300-$1,500 per year.

In this post, we explore the average car insurance costs in Texas, delving into key statistics that shed light on the various factors influencing insurance premiums in the state. From mandatory minimum coverage requirements to regional variations in rates, we provide a comprehensive overview of what drivers can expect when insuring their vehicles in Texas.

Statistic 1

"Texas law requires a minimum of $30,000 in injury liability per person per accident."

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Statistic 2

"After an at-fault accident, Texas drivers' car insurance rates increase by an average of 44%."

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Statistic 3

"Good student discounts can save young drivers in Texas up to 20% on car insurance."

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Statistic 4

"Drivers with good credit in Texas pay an average of $1,536 for car insurance annually."

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Statistic 5

"The average auto insurance rate in Austin, Texas, is $1,409 per year."

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Statistic 6

"The average cost for full coverage car insurance in Texas is $1,823 per year."

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Statistic 7

"The average annual car insurance cost in Texas is $1,810 per year."

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Statistic 8

"The average annual car insurance premium for military members in Texas is $1,303."

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Statistic 9

"Full-coverage policies in Texas typically include $100,000 bodily injury per person and $300,000 per accident."

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Statistic 10

"Married drivers in Texas pay an average of $1,757 annually for car insurance."

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Statistic 11

"Car insurance costs in Texas are impacted by comprehensive, collision, and liability coverage choices."

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Statistic 12

"Safe driver discounts can save Texas drivers around 10% on their car insurance premiums."

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Statistic 13

"Drivers in San Antonio, Texas, pay an annual average of $1,680 for car insurance."

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Statistic 14

"The average cost of car insurance in Dallas, Texas, is $2,143 annually."

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Statistic 15

"The premium for drivers with a DUI in Texas averages $2,996 per year."

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Statistic 16

"Texas has higher uninsured motorist rates, impacting overall insurance costs."

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Statistic 17

"The minimum liability car insurance average cost in Texas is $610 annually."

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Statistic 18

"Teen drivers in Texas pay an average of $4,005 annually for car insurance."

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Statistic 19

"Texas has a higher-than-average car insurance cost compared to the national average, which is $1,674 per year."

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Statistic 20

"Drivers in Houston, Texas, pay an average of $2,420 annually for car insurance."

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In conclusion, car insurance costs in Texas vary significantly based on various factors such as location, driving history, coverage choices, and demographic characteristics. Statistics show that Texas drivers face higher average annual insurance costs compared to the national average, with premiums influenced by specific aspects like credit scores, student discounts, military status, and marital status. Understanding these statistics is crucial for Texas drivers to make informed decisions about their car insurance coverage and explore potential opportunities for savings, such as safe driver discounts and choosing the right coverage options based on individual needs and circumstances.

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