According to Texas Department of Transportation, El Paso reported more than 16,000 car accidents in 2019 alone, making it one of the five cities in Texas for auto accidents. As well as being compulsory in Texas, auto insurance is an important protection against traffic accidents. On average, El Paso residents pay $ 554 per year for minimum insurance and $ 1,494 per year for full insurance, slightly less than that National average.
El Paso residents can choose from a number of insurance providers to find the right coverage and premium for their needs. To make the shopping process easier, the Bankrate team analyzed providers in this city in Texas, taking into account customer satisfaction, financial strength, available discounts and reach.
The best cheap car insurance in El Paso
search for best auto insurance in El Paso can be a challenge. To determine which companies should be offered, our team reviewed the largest insurance companies in El Paso based on market share and analyzed customer satisfaction, financial strength, discounts available, scope of coverage and of course affordability.
If you are looking for the best cheap auto insurance in El Paso, these companies could be a good place to start:
|insurance company||JD power score||Average annual premium for minimum coverage||Average annual premium for fully comprehensive insurance|
|Allstate||832 / 1,000||$ 477||$ 1,633|
|Geico||846 / 1,000||$ 404||$ 1,354|
|Nationwide||820 / 1,000||$ 451||$ 1,302|
|District farm||844 / 1,000||$ 535||$ 1,505|
|USAA*||878 / 1,000||$ 428||$ 1,409|
* USAA is not eligible for the official ranking at JD Power due to admission restrictions
For custom coverage and high customer satisfaction, consider Allstate. The company offers various add-ons to round off your policy, such as: B. Carpooling, Rent Refunds and Sound System Coverage. Over the years, Allstate has consistently achieved good results for customer service and low prices. It also offers several discounts that you could potentially benefit from, including policy bundling and the safe driver program called Drivewise, which can potentially save you money and build good driving habits.
Learn more: Allstate Insurance Review
As one of the cheapest auto insurances in El Paso, Geico is hard to beat. The company has excellent customer service and great financial strength. It also offers the best digital insurance service experience, according to them 2021 JD Power Insurance Digital Experience Study. The insurance options are relatively simple, but those who want decent insurance on a tight budget will find that Geico is the best solution.
Learn more: Geico Insurance Review
Nationwide has the cheapest fully comprehensive coverage on our list, and they also offer a wide range of coverage options. You may be able to personalize your insurance cover with forgiveness of accidents, breakdown assistance, deductibles with zero deductibles and fully comprehensive insurance. The company also offers several discounts that can help you lower your premium even further. Such discounts include savings for accident-free, a good student, a vehicle with certain safety equipment, and signing up for automatic payments.
Learn more: Nationwide insurance review
For technology-conscious customers who want quick and easy policy management, State Farm might be a good choice. The company offers affordable tariffs and a dedicated customer service network of 19,000 local agents and a variety of endorsements including car rental, travel insurance, road emergency services and ridesharing coverage. The company also touts a long list of available discounts for safe driving, vehicle safety, customer loyalty and much more.
Learn more: Review of state farm insurance
For veterans, active military officials, and their immediate family members, USAA could be one of the best options. With more than 1.4 million veterans live in TexasUSAA auto insurance could be an excellent choice for your family. The company has the strongest JD Power customer satisfaction score in Texas, although it does not qualify for the official ranking due to its admission restrictions and has some of the cheapest rates in El Paso. USAA offers decent coverage options and multiple discounts to members and their families.
Learn more: USAA insurance review
Cheapest car insurance in El Paso
El Paso residents pay an average of $ 554 per year for minimum coverage and $ 1,494 per year for full coverage. That’s a little less than that State average cost of car insurancewhich is $ 565 per year for minimum coverage and $ 1,674 per year for full coverage. El Paso drivers pay slightly less for their full coverage than Texas drivers overall. The average cost for full coverage in Texas is $ 1,823 per year.
While affordability is an important factor when choosing auto insurance, the best and cheapest companies may not always be the same. The following table shows the cheapest car insurance rates from the most popular providers based on market share:
|insurance company||Average annual premium for minimum coverage||Average annual premium for fully comprehensive insurance|
|Geico||$ 404||$ 1,354|
|USAA||$ 428||$ 1,409|
|mercury||$ 449||$ 1,601|
|Nationwide||$ 451||$ 1,302|
|Allstate||$ 477||$ 1,633|
Don’t just look at price when buying insurance – financial strength, customer service scores, available coverage, discounts, and insurance features are also important considerations for a company.
Insurance requirements for El Paso
Most states have a Minimum sum insured that vehicle owners must meet or exceed in order to legally drive. In Texas, drivers must purchase at least the following minimum: Car insurance to drive legally:
- $ 30,000 liability per person
- $ 60,000 personal injury liability per accident
- $ 25,000 property damage liability
All insurance companies must offer you Personal Injury Protection (PIP), uninsured motorist protection, and underinsured motorist protection, although you can decline one or more of these insurances in writing.
A minimum coverage can lead to lower premiums, but can lead to high expenses in the event of an accident. For this reason, most insurance agents recommend purchasing higher liability limits if you can afford it.
In addition, the minimum coverage does not cover damage to your own vehicle. To do this, you need full coverage that is comprehensive and collision free. If you have a loan or lease, your lender will likely ask for full coverage.
Car insurance discounts in El Paso
The discounts available depend largely on the carrier you choose, but there are a few that most companies offer. In general, the following auto insurance discounts can be found at many El Paso providers:
- Multiple Policy Discounts: If you get your auto insurance with the same company as your home, condo, or tenant insurance, you might get a discount on both. Some companies also offer this discount on other products such as life insurance.
- Vehicle security discounts: You can get one or more discounts if you install certain safety features in your vehicle, e.g. B. anti-lock brakes or daytime running lights.
- Telematics discounts: If you consent to your company tracking your driving habits through a mobile app or plug-in device, you can receive a personalized discount based on the data received.
- Paperless discounts: Signing up for a paperless policy can save you money.
You might be able to check a company’s discounts online, but often the best way to find ways to save money is to speak to a licensed agent.
frequently asked Questions
What is the best car insurance?
the best car insurance is largely based on your personal needs and preferences. While some insurers seem more popular than others, it is only after a thorough analysis of several providers and their services that you can decide what is best for you. Often times, the first step in finding a company that fits your needs is determining which factors are most important to you when it comes to insurance.
How much does car insurance cost in El Paso?
El Paso residents can expect to pay an average annual premium of $ 1,494 for full coverage and $ 554 for minimum coverage, according to Quadrant Information Services.
How Much Auto Insurance Do I Need In El Paso?
To legally drive in the state of Texas, drivers must bring at least $ 30,000 per person liability insurance, $ 60,000 per accident liability insurance, and $ 25,000 property damage insurance. You may want to consider higher coverage or optional endorsements to increase the protection of your auto insurance.
What additional coverage do I need in El Paso?
While it’s not mandatory unless you have a loan or lease, full coverage that adds collision and full coverage can be a good purchase. Other optional covers include Gap Insurance, Personal Injury Protection (PIP), Uninsured and Underinsured Motorist Insurance, Rental Car Reimbursement, Roadside Assistance and more, depending on the carrier you choose. Discussing your situation with a licensed agent can help in choosing appropriate coverage.
Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and airlines in all 50 states and Washington, DC Coverage Limits:
- $ 100,000 personal injury liability per person
- $ 300,000 liability per accident
- $ 50,000 property damage liability per accident
- $ 100,000 personal injury to an uninsured driver per person
- $ 300,000 personal injury to an uninsured driver per accident
- $ 500 deductible in case of collision
- $ 500 deductible
To set the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our Basic Profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles a year.
These are sample rates and should only be used for comparison purposes.