Average Cost Of Auto Insurance Per Month In Texas

Understanding Auto Insurance in Texas

The Lone Star State is known for its unique car culture, and that means Texas drivers should be extra aware of their auto insurance needs. Texas is a “fault” state, which means that if you’re involved in an accident, the liable party’s insurance will cover the damages for both parties. Texas is also one of the few states that does not require drivers to have uninsured motorist coverage. While this may seem like a cost-saving measure, it can actually cost drivers more if they are involved in an accident with a driver who does not have insurance.

Average Cost Of Auto Insurance In Texas

According to a survey conducted by Insurance Panda, the average cost of auto insurance in Texas is $2,092.30 per year. That breaks down to an average of $174.36 per month. This is slightly cheaper than the national median of $1,474 per year, or $123.67 per month. It’s important to note that these prices can vary depending on the type of car you drive, the drivers’ age, and other factors.

Factors That Affect Auto Insurance Costs in Texas

There are a number of factors that can affect the cost of auto insurance in Texas. Some of these include the type of car you drive, the age and experience level of the driver, and the area you live in. If you have a higher risk car, such as a sports car or a luxury vehicle, you will likely pay more for auto insurance. Drivers with less experience will also pay more for their auto insurance. Finally, living in an area with higher crime rates can also result in higher auto insurance costs.

Ways To Lower Auto Insurance Costs In Texas

There are a few ways to lower the cost of auto insurance in Texas. One way is to take advantage of any discounts your insurance company may offer. For example, some companies offer discounts for good drivers, drivers with multiple cars, and drivers who have taken a defensive driving course. Additionally, raising your deductible can also help lower your monthly premiums. Finally, shopping around for different insurance companies can also help you find the best rates.

Why Auto Insurance Is Important In Texas

Auto insurance is an important part of driving in Texas. Not only is it required by law, but it can also provide protection in the event of an accident. If you are involved in an accident, your insurance company will be responsible for covering the costs of any property damage or medical bills. Without auto insurance, you may be left with a hefty bill that you’ll have to pay out of pocket.

Conclusion

In conclusion, the average cost of auto insurance in Texas is $2,092.30 per year, or $174.36 per month. This cost can vary depending on a number of factors, such as the type of car you drive, your age, and where you live. There are a few ways to lower your auto insurance costs, such as taking advantage of discounts, raising your deductible, and shopping around for different insurance companies. Auto insurance is an important part of driving in Texas, and it can protect you in the event of an accident.