The Texas Department of Transportation reports that El Paso had more than 16,000 vehicle crashes in 2019. This makes it one of the top five Texas cities for automobile accidents. Car insurance is mandatory in Texas. It also protects against traffic mishaps. El Paso residents spend $554 annually for minimum coverage and $1494 for full coverage. This is slightly less than the national mean.
El Paso residents have the option to choose from a variety of insurance providers in order to find the best coverage and premium. Bankrate has done extensive research on the providers in El Paso and took into consideration customer satisfaction, financial strength and availability of discounts.
The best cheap car insurance in El Paso
It can be difficult to find the best El Paso car insurance companies. Our team reviewed El Paso’s largest insurance companies and evaluated their financial strength, customer satisfaction, affordability, discounts and availability.
These companies may be the right place to start if you’re looking for cheap El Paso car insurance.
Allstate
Allstate is a great choice for customized coverage and excellent customer service. You can add on additional coverages such as rideshare, rental reimbursement, and sound system coverage to your policy. Allstate has been a top-rated company for its customer service and low prices over the years. You might also be eligible for discounts such as policy bundling or Drivewise, which can help you save money and improve your driving skills.
Geico
Geico is one of the most affordable car insurance companies in El Paso. Geico is known for its excellent customer service and financial strength. According to the 2021 J.D., it also provides the best digital experience in insurance services. The Power Insurance Digital Experience Study. Geico might be the right fit for those looking for a good insurance policy with a low price.
All over the country
Nationwide offers the lowest full coverage premium and a wide range of coverage options. Your coverage may allow you to customize your coverage by adding roadside assistance, accident forgiveness, vanishing or total loss waivers, and even roadside assistance. You may also be eligible for discounts from the company that could help lower your premium. These discounts can be obtained by being a good student, not having an accident, and having a vehicle equipped with certain safety equipment.
State Farm
State Farm may be the right choice for tech-savvy customers who want to have their policy managed quickly and easily. State Farm offers reasonable rates, a dedicated customer support network of 19,000 agents in the local area, and a variety endorsements including car rental coverage, travel expenses coverage and coverage for emergency road service. There are many discounts available for safe driving, vehicle safety and customer loyalty.
USAA
USAA may be a good option for veterans, active military personnel, and their immediate families. USAA car insurance is a great choice for your family, as there are more than 1.4million veterans who live in Texas. It boasts the highest J.D. The company has the highest customer satisfaction score in Texas (although it is not eligible for an official ranking because of its eligibility restrictions) and some of the lowest rates in El Paso. USAA offers decent coverage options as well as several discounts for members and their families.
Cheapest car insurance in El Paso
El Paso residents spend an average $554 per year for minimum coverage, and $1,494 per year for full coverage. This is slightly less than the average cost of car insurance which is $565 annually for minimum coverage and $1.674 for full coverage. El Paso drivers pay a lot less for full coverage than Texas drivers. Full coverage costs in Texas average $1,823 annually.
Although affordability is an important factor in choosing a car insurer, it may not always be the most affordable. Below is a table that shows the most affordable car insurance rates for the most popular carriers, based on market share.
When shopping for insurance, don’t just focus on price. Financial strength, customer service scores and available coverages are all important factors to consider.
El Paso insurance requirements
Many states have a minimum amount of insurance vehicle owners must purchase to be able to drive legally. To drive legally in Texas, Texas drivers must have at least the minimum coverage for car insurance.
- $30,000 bodily injury liability per individual
- $60,000 bodily injury liability per incident
- $25,000 Property Damage Liability
Insurance companies must offer personal injury protection (PIP), coverage for uninsured motorists and coverage for underinsured drivers. However, you can reject any of these coverages by writing.
While minimal coverage may result in lower premiums and lower out-of-pocket costs, it could also leave you with large bills if an accident occurs. Insurance agents will recommend you buy higher liability limits if possible.
Also, your vehicle’s damage is not covered by minimum coverage. Full coverage is required to cover damage to your vehicle. This includes collision and comprehensive. Your lender may require you to have full coverage if you have a loan, lease or other financial obligation.
El Paso car insurance discounts
While discounts vary depending on which carrier you choose, there are some that all companies offer. These discounts are available with El Paso insurance providers in general:
- Multi-policy discounts: You might be eligible for a discount if you purchase your auto insurance through the same company that your condo, home, or renters insurance policies. This discount is also available for other products, such as life insurance.
- Vehicle safety discounts: You may be eligible for discounts if you have certain safety features, such as antilock brakes and daytime running lights.
- Telematics discounts: You could be eligible for a discount if your company tracks your driving habits using a mobile app, or plug-in device.
- You could save money by signing up for a paperless insurance policy.
Although you might be able check the discounts offered by a company online, it is often best to speak to a licensed agent to find ways to save.
Questions frequently asked
Which is the best auto insurance company?
Your personal preferences and needs will determine the best auto insurance company. While some insurers are more popular than others in the market, you will only be able to make an informed decision about which one is right for you after you have analyzed all of their services and offered options. Finding the right company for you is the first step in finding the right company.
What is the cost of El Paso car insurance?
Quadrant Information Services estimates that El Paso residents will pay an average annual premium of $1,494 to get full coverage, and $554 to get minimum coverage.
What amount of car insurance do you need in El Paso
Drivers must have at least $30,000 per person in bodily injuries liability coverage, $60,000 per accident bodily injury coverage, and $25,000. To increase your protection, you may consider optional endorsements or higher coverages.
What coverage additional do I need in El Paso
Full coverage is an option, but it’s not required unless you have a loan, lease or other type of financing. You may also choose to add optional coverages such as gap insurance, personal accident protection (PIP), uninsured or underinsured motorist coverages, car rental reimbursement, roadside help, and many more depending on which carrier you choose. Talking to a licensed agent about your specific situation can help you choose the right coverages.
