GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Auto Insurance In Texas

The average cost of auto insurance in Texas is around $1,300 per year.

Last Updated: June 23, 2024

How we write

In the following post, we will explore the average cost of auto insurance in Texas based on a variety of statistics. From regional differences to the impact of demographics and driving history, we will uncover key insights into how various factors influence auto insurance rates in the Lone Star State.

Statistic 1

"Dallas drivers pay on average $1,900 per year for auto insurance."

Statistic 2

"Men typically pay around $100 more per year than women for car insurance in Texas."

Statistic 3

"The average cost of auto insurance in Texas is approximately $1,800 per year."

Statistic 4

"Car insurance in Texas typically includes liability, comprehensive, collision, and uninsured motorist coverage."

Statistic 5

"The average cost for full coverage in Texas is over $1,900 annually."

Statistic 6

"Rural areas in Texas usually have lower premiums compared to urban areas."

Statistic 7

"Insurance premiums can increase by 30% after a speeding ticket in Texas."

Statistic 8

"About 20% of policyholders in Texas pay more than $2,000 annually."

Statistic 9

"Seniors in Texas may see average annual premiums of around $1,600."

Statistic 10

"Electric vehicle owners in Texas may receive discounts of up to 10% on their auto insurance premiums."

Statistic 11

"Policyholders who bundle home and auto insurance in Texas can save up to 15%."

Statistic 12

"Policyholders in Texas can save an average of $300 by shopping for new quotes every six months."

Statistic 13

"Auto insurance rates in Texas increased by 5% over the past year."

Statistic 14

"Comprehensive and collision coverage add approximately $500 to $600 to the average annual premium."

Statistic 15

"Texas ranks among the top 25 most expensive states for car insurance."

Statistic 16

"Teenage drivers in Texas pay an average of $5,200 per year for auto insurance."

Statistic 17

"High-risk drivers in Texas may pay upwards of $3,500 annually for auto insurance."

Statistic 18

"The average cost of minimum coverage in Texas is $600 per year."

Statistic 19

"Texas drivers with a clean driving record pay an average of $1,500 per year."

Statistic 20

"Houston has one of the highest average auto insurance premiums in Texas, approximately $2,200 annually."

In conclusion, the average cost of auto insurance in Texas can vary significantly based on various factors such as location, driving record, and type of coverage. With Dallas drivers paying around $1,900 per year on average and Houston having one of the highest average premiums at $2,200 annually, it is evident that where you live can impact your insurance costs. Men typically pay slightly more than women, and high-risk drivers and teenage drivers face significantly higher premiums. However, discounts are available for electric vehicle owners, seniors, and policyholders who bundle home and auto insurance. It is also essential for Texas drivers to compare quotes regularly and be mindful of factors such as speeding tickets that can lead to premium increases.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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