Updated May 11, 2023| by Bryan OchallaBryan Ochalla is the Managing Editor, SEO, at QuoteWizard. He specializes in auto, home and health insurance, and his work has been cited by Boston 25 News, Becker’s Hospital Review, MSN and Yahoo.
Key Takeaways
- Texas Farm Bureau has the lowest car insurance rates in Austin for both minimum and full coverage.
- USAA also offers affordable rates to those who qualify (current or former military and certain family members).
- Car insurance in Austin is slightly cheaper than the state average.
In this article
- Cheapest car insurance companies in Austin
- Texas minimum car insurance requirements
- Cheapest car insurance rates for drivers with a prior incident
- Cheapest car insurance for young drivers
- Texas car insurance laws
The cheapest car insurance companies in Austin, TX
Texas Farm Bureau is the cheapest auto insurance company for most Austin drivers. In fact, the provider offers the lowest average rates for:
- Full and minimum coverage
- Drivers with speeding tickets
- Drivers with accidents
- Senior drivers
- Young drivers
If you are current or former military, or you’re closely related to someone who is, get a quote from USAA, too. USAA is often competitive with Texas Farm Bureau in terms of low rates, plus it’s known for top-notch customer service.
To find out if Texas Farm Bureau, USAA or some other insurer has the cheapest rates for you, compare car insurance quotes from several different companies.
Texas car insurance state minimums
Texas drivers are required by state law to carry 30/60/25 car insurance. This means all policies must at least meet the following minimums:
| Coverage type | State requirements |
|---|---|
| Bodily injury liability | $30,000 per person / $60,000 per accident |
| Property damage liability | $25,000 per accident |
Drivers may optionally add coverages for:
- Medical payments
- Uninsured motorists
- Towing costs
- Rental cars
Cheapest minimum-coverage auto insurance rates in Austin: Texas Farm Bureau
Texas Farm Bureau is the cheapest auto insurance company for minimum coverage in Austin. The provider’s average monthly rate is $42.
Citywide, the average cost of minimum car insurance in Austin is $77 a month, meaning Texas Farm Bureau offers a 45% discount.
| Insurance company | Monthly rate |
|---|---|
| Texas Farm Bureau | $42 |
| GEICO | $71 |
| Allstate | $85 |
| AAA | $93 |
| State Farm | $94 |
| Progressive | $105 |
| USAA* | $50 |
| Rates are for minimum-coverage car insurance for a 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
Get cheap car insurance in Austin, Texas
Cheapest full-coverage auto insurance rates in Austin: Texas Farm Bureau
For cheap full-coverage auto insurance in Austin, go to Texas Farm Bureau, which charges an average $84 a month for such policies.
The average cost of full-coverage car insurance in Austin is $150 a month. This means Texas Farm Bureau’s average rate is 44% cheaper.
No state requires full coverage, but some lenders and lessors do. Typically, it includes comprehensive and collision coverages on top of the state-required minimums.
| Insurance company | Monthly rate |
|---|---|
| Texas Farm Bureau | $84 |
| GEICO | $129 |
| AAA | $172 |
| State Farm | $175 |
| Allstate | $177 |
| Progressive | $214 |
| USAA | $97 |
| Rates are for full-coverage car insurance for a 35-year-old male with a good driving record. | |
Cheapest car insurance in Austin for drivers with bad credit: Texas Farm Bureau
The cheapest car insurance for drivers with bad credit comes from Texas Farm Bureau. There, drivers pay $193 a month, on average.
Drivers with bad credit often pay more than those with good credit, in part due to studies linking credit scores with driving risk. That’s the case in Austin, where the average cost is $385 a month.
| Insurance company | Monthly rate |
|---|---|
| Texas Farm Bureau | $193 |
| Allstate | $253 |
| AAA | $267 |
| GEICO | $353 |
| Progressive | $373 |
| State Farm | $1,087 |
| USAA | $170 |
| Rates are for full-coverage car insurance for a 35-year-old male with poor credit and a good driving record. | |
Cheapest car insurance for drivers with a prior incident
Texas Farm Bureau has the cheapest car insurance for drivers with a prior incident, including those with speeding tickets, at-fault accidents or DUIs on their driving records.
GEICO is next in all three categories, but even then its average rates are quite a bit higher than those of Texas Farm Bureau. USAA is a more competitive option for cheap car insurance with incidents on your record if you qualify.
Cheapest for drivers with a speeding ticket: Texas Farm Bureau
Drivers with a speeding ticket will find the lowest car insurance rates at Texas Farm Bureau, which charges an average $84 a month.
For context, that’s nearly $70 a month cheaper than the next-best option, and less than half the citywide average of $178.
| Insurance company | Monthly rate |
|---|---|
| Texas Farm Bureau | $84 |
| GEICO | $153 |
| Allstate | $177 |
| State Farm | $222 |
| AAA | $232 |
| Progressive | $266 |
| USAA | $110 |
| Rates are for full-coverage car insurance for a 35-year-old male with one speeding ticket on his driving record. | |
Cheapest for drivers with an at-fault accident: Texas Farm Bureau
Texas Farm Bureau has Austin’s cheapest car insurance for drivers with an accident, too. There, those with an at-fault accident on their records will get an average monthly rate of $134.
In Austin, the average cost of car insurance for a driver with an accident is $231 a month. That’s 54% more than what a driver with a clean record would pay.
| Insurance company | Monthly rate |
|---|---|
| Texas Farm Bureau | $134 |
| GEICO | $206 |
| State Farm | $247 |
| AAA | $270 |
| Allstate | $280 |
| Progressive | $330 |
| USAA | $151 |
| Rates are for full-coverage car insurance for a 35-year-old male with one at-fault accident on his driving record. | |
Cheapest for drivers with a DUI: Texas Farm Bureau
To get cheap car insurance with a DUI on your record in Austin, make sure you get a quote from Texas Farm Bureau. Its average rate in this situation is $84 a month, on average.
In many states, drivers with a DUI pay more for car insurance than do those with speeding tickets or accidents. But that’s not the case in Austin, where the average monthly cost for a driver with a DUI is $150.
| Insurance company | Monthly rate |
|---|---|
| Texas Farm Bureau | $84 |
| GEICO | $129 |
| AAA | $172 |
| State Farm | $175 |
| Allstate | $177 |
| Progressive | $214 |
| USAA | $97 |
| Rates are for full-coverage car insurance for a 35-year-old male with one DUI on his driving record. | |
Find out how much you could save on car insurance
Cheapest car insurance for senior drivers: Texas Farm Bureau
Texas Farm Bureau is the best source of cheap car insurance for senior drivers, charging an average $70 a month.
Compared to 35-year-olds in Austin, who pay $150 on average, seniors enjoy slightly lower car insurance rates. The average senior in Austin pays $137 a month for a full-coverage policy.
| Insurance company | Monthly rate |
|---|---|
| Texas Farm Bureau | $70 |
| GEICO | $122 |
| AAA | $160 |
| State Farm | $162 |
| Allstate | $164 |
| Progressive | $189 |
| USAA | $93 |
| Rates are for full-coverage car insurance for a 65-year-old male with a clean driving record. | |
Cheapest car insurance for young drivers: Texas Farm Bureau
Texas Farm Bureau is the best source of cheap car insurance for young drivers, too. The company charges $84 a month, on average, for minimum coverage and $151 a month for full coverage.
Young drivers often pay more car insurance than do older, more experienced drivers. This is evident in Austin, where coverage can easily cost double what it does for a 35-year-old.
| Insurance company | Minimum coverage | Full coverage |
|---|---|---|
| Texas Farm Bureau | $84 | $151 |
| GEICO | $140 | $276 |
| AAA | $232 | $437 |
| State Farm | $303 | $564 |
| Allstate | $316 | $685 |
| Progressive | $495 | $1,110 |
| USAA | $90 | $178 |
| Rates are for an 18-year-old male with a clean driving record. | ||
Cheapest car insurance for married drivers: Texas Farm Bureau
Married drivers will find the most affordable car insurance premiums at Texas Farm Bureau, where the average monthly rate is $66.
| Insurance company | Monthly rate |
|---|---|
| Texas Farm Bureau | $66 |
| GEICO | $140 |
| Allstate | $155 |
| AAA | $166 |
| State Farm | $175 |
| Progressive | $188 |
| USAA | $87 |
| Rates are for full-coverage car insurance for a married 35-year-old male with a good driving record. | |
Car insurance laws in Texas
No-fault car insurance
Texas is an at-fault car insurance state, meaning that the driver deemed responsible for an accident will likely have to pay for some or all of the victim’s damages.
Financial Responsibility Insurance Certificate (SR-22)
An SR-22 form is a certificate demonstrating that a driver’s insurance policy meets the state-required minimums. In Texas, this is required for certain drivers returning from license suspensions after a car crash, convictions for driving without insurance and more.
Austin car insurance: FAQs
Texas Farm Bureau has the city’s cheapest car insurance rates, offering minimum coverage for $42 a month and full coverage for $84 a month. Both are average rates, so what you pay might be higher or lower than this amount.
In Austin, minimum-coverage car insurance costs $77 a month, on average, while full-coverage car insurance costs an average of $150 a month.
Yes, all drivers in Texas must have 30/60/25 insurance coverage at a minimum. This means they need at least $30,000 of bodily injury liability coverage per person, and $60,000 per accident. They also need $25,000 of property damage liability coverage.
Methodology
The rates shown in this article are based on an analysis of more than 300,000 auto insurance quotes obtained from Quadrant Information Services for sample drivers from across Austin, Texas.
Unless otherwise noted, our sample driver is a single 35-year-old with good credit. All sample drivers own a 2012 Honda Accord LX that they drive for an average of 13,500 miles per year.
Our senior base driver is a 65-year-old male with a good driving record. Our young base driver is an 18-year-old male with a good driving record.
Minimum-coverage rates reflect the cost of policies meeting the minimum liability limits required by the state.
Full-coverage policies include the following coverages, limits and deductibles:
- Bodily injury liability: $100,000 limit per person/$300,000 limit per accident
- Property damage liability: $100,000 limit
- Collision: $500 deductible
- Comprehensive: $500 deductible
Auto insurance by city
- Houston
- Dallas
- Austin
- San Antonio
- El Paso
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