A full coverage car insurance policy in Waco costs an average of $1,675 per year. That’s $143 less than the Texas state average of $1,818 per year. It’s cheaper than average to get car insurance in Waco because it’s smaller than many of the other cities in Texas.
To get the lowest rate possible on car insurance, you should shop around and get quotes from several car insurance companies. Policygenius makes it easy to compare quotes from top companies and choose the coverage that’s best for you.
Methodology & why you can trust our rates
Policygenius has analyzed car insurance rates provided by Quadrant Information Services for every ZIP code in all 50 states plus Washington, D.C. For full coverage policies, the following coverage limits were used:
Bodily injury liability: 50/100
Property damage liability: $50,000
Uninsured/underinsured motorist: 50/100
Comprehensive: $500 deductible
Collision: $500 deductible
In some cases, additional coverages were added where required by state or insurer.
Rates for overall average rate, rates by ZIP code, and cheapest companies determined using averages for single drivers ages 30, 35, and 45. Our sample vehicle was a 2017 Toyota Camry LE driven 10,000 miles/year.
Rates for driving violations and “Poor” credit determined using average rates for a single male 30-year-old driver with a credit score under 578.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
Cheapest car insurance companies in Waco, TX
Insurance costs can rise or fall depending on where you live, your age, your overall driving record, and the type of car you choose to drive. Each insurance company has its own methodology for setting its rates, so you can get very different rates from different companies for the same coverage.
The ZIP code you call home can also impact how much you pay for car insurance. The following table shows the five cheapest car insurance companies in Waco with their J.D. Power scores, when available.
Company | Average cost | JD Power Rating |
|---|---|---|
Farm Bureau | $80/month | -- |
State Farm | $85/month | 882 |
Redpoint County Mutual | $98/month | -- |
GEICO | $102/month | 874 |
Germania Insurance | $106/month | -- |
Cheapest car insurance rates by ZIP code in Waco, TX
Insurance companies use ZIP codes to figure out the risks of living in a given neighborhood. They look at things including secure parking and on-street parking, theft and vandalism, and the number of accidents and traffic tickets issued in your area. The table below shows the car insurance rates for ZIP codes in the city of Waco.
ZIP code | Average cost |
|---|---|
76712 | $1,584 |
76711 | $1,625 |
76706 | $1,653 |
76710 | $1,663 |
76708 | $1,676 |
76798 | $1,702 |
76704 | $1,717 |
76701 | $1,721 |
76707 | $1,736 |
Choosing the right car insurance company in Waco, TX
It can seem like a complicated process to figure out which insurance company to choose, but there are just a few key items to consider.
Cost: You don’t want to overpay for car insurance. Get quotes from multiple car insurance companies so you can see which offer policies within your budget.
Coverage: Beyond meeting the minimum state requirements, how much extra you get is your choice. Don’t be pressured into buying more coverage than you need.
Service: Check third-party customer service and claims satisfaction ratings to see what real policyholders think about their coverage.
Policygenius makes it easy to compare quotes from multiple companies, so you can choose the right coverage at the right price.
Car insurance rates for drivers with driving violations in Waco, TX
If you have speeding tickets or accidents on your record, then your rates will go up. The more of these infractions on your record, the more you’ll pay for insurance.
Try to keep driving violations to a minimum and you’ll reduce your car insurance costs. The average annual car insurance rates for drivers in Waco with a variety of violations is listed in the table below for Texas Farm Bureau, State Farm, GEICO, Germania Insurance, and Nationwide.
Violation | Farm Bureau | State Farm | Redpoint County Mutual | GEICO | Germania Insurance |
|---|---|---|---|---|---|
At-fault accident | $1,633 | $1,223 | $1,175 | $1,862 | $1,721 |
Suspended license | $1,040 | $1,436 | $1,175 | $2,040 | $2,289 |
Open container | $1,959 | $1,563 | $1,175 | $2,040 | $1,356 |
Expired registration | $1,040 | $1,030 | $1,175 | $1,435 | $1,356 |
Driving without lights | $1,040 | $1,030 | $1,175 | $1,435 | $1,356 |
Running a red light | $1,040 | $1,030 | $1,175 | $1,435 | $1,356 |
Following too closely | $1,040 | $1,030 | $1,175 | $1,435 | $1,356 |
Hit and run | $1,040 | $1,649 | $1,175 | $2,040 | $2,857 |
Not-at-fault accident | $1,040 | $1,030 | $1,175 | $1,211 | $1,411 |
Passing a school bus | $1,040 | $1,030 | $1,175 | $1,435 | $1,356 |
Reckless driving | $1,040 | $1,649 | $1,175 | $2,040 | $2,857 |
Cheapest car insurance for drivers with a DUI in Waco, TX
Company | Rates for drivers with DUIs |
|---|---|
Redpoint County Mutual | $1,175 |
State Farm | $1,649 |
Farm Bureau | $1,959 |
GEICO | $2,040 |
Germania Insurance | $2,857 |
Cheapest car insurance for drivers with a speeding ticket in Waco, TX
Company | Rates for drivers with speeding tickets |
|---|---|
State Farm | $1,030 |
Farm Bureau | $1,040 |
Redpoint County Mutual | $1,175 |
Germania Insurance | $1,356 |
GEICO | $2,040 |
Cheapest car insurance for drivers with bad credit in Waco, TX
Bad credit can also lead insurance companies to charge you higher rates. This table lists the five cheapest car insurance companies in Waco for drivers with bad credit.
Company | Rates for drivers with bad credit |
|---|---|
Redpoint County Mutual | $1,175 |
Nationwide | $2,180 |
Farm Bureau | $2,394 |
Germania Insurance | $2,497 |
Mercury Insurance | $2,557 |
Buying car insurance in Waco, TX
Texas requires car insurance for every vehicle registered in the state with the following minimum amounts:
$25,000 for property damage liability per accident
$30,000 for bodily injury per person, $60,000 per accident
You must keep the insurance coverage the whole time that your vehicle is registered, even if you’re not driving.
How to get cheap car insurance in Waco, TX
There are several ways to get cheap car insurance in Waco, including:
Maintain a clean record: Avoid accidents and traffic tickets as much as possible.
Watch your credit: A high credit score will get a better insurance rate, so pay bills on time and pay down debt whenever you can
Compare companies: Get quotes from multiple companies to find the best rate.
Choose coverage carefully: Look at all the details, including the various add-ons to make sure you’re getting the coverage you need, and none that you don’t
Ask about discounts: Ask about what kind of discounts are available for things like low mileage drivers, safe drivers, good students, and for professional groups including firefighters and teachers.
Bundle policies: If you take out a homeowners, boat, motorcycle or any other insurance policy through the same company, it could reduce your rates for all of those policies.
Frequently asked questions
What is the cheapest car insurance in Waco, Texas?
Texas Farm Bureau has the cheapest car insurance for most drivers in Waco, Texas. Drivers may also find affordable coverage with State Farm and GEICO.
Is car insurance required in Waco, Texas?
Texas does require car insurance, so drivers in Waco must also carry coverage. The minimum amounts required by the state are $25,000 for property damage liability per accident, $30,000 for bodily injury per person, and $60,000 bodily injury per accident.
Is Texas an at-fault or no-fault state?
The state of Texas is an at-fault state. If one driver is determined to be at-fault for an accident, then that driver’s insurance will pay everyone’s bills, up to the at-fault driver’s limits.
What happens if you don't have insurance in Waco, Texas?
If you're caught driving without car insurance in Waco, Texas, you could be fined or have your license suspended. After your license is suspended, you'd have to pay a reinstatement fee before you could drive legally again. Your insurance premiums would also get more expensive.
