Learn more about average rates and ways to save on car insurance in Frisco, Texas.
The typical Frisco driver pays $1,411 per year for auto insurance. That's cheaper than the average across Texas ($1,415) and cheaper than the national average of $1,548. Our guide to Frisco car insurance includes average rates based on age, credit score, driving history, and marital status. Keep reading to learn more!
|Frisco Average (annual)||Texas Average||National Average|
The company-by-company differences in car insurance rates can be substantial, so it's important to compare quotes thoroughly and choose your insurer carefully. In Frisco, GEICO offers the cheapest premiums for the typical insurance buyer. See below the best companies for cheap auto insurance in Frisco — but don't forget to get personalized car insurance quotes to match your driving profile.
|Insurer||Average Monthly Rate||Average 6-month Premium||Average Yearly Rate|
The age bracket that pays the least for auto insurance in Frisco consists of drivers in their 50s, who pay an average of $1,228. Drivers in their 60s pay marginally higher rates — $1,275 per year.
Teenage drivers pay Frisco's most expensive car insurance rates. One of the easiest ways to lower your car insurance rates as a driver in Frisco is to age out of your teenage years. The cost differential between the auto insurance rates paid by teenage drivers and drivers in their 20s in Frisco is $1,822, the largest such difference between any two age groups.
|Age group||Monthly Rate||Average 6-month Premium||Average Annual Rate|
Marital status and gender can be contributors to car insurance rates, in some cases. In Frisco, married drivers pay $91 less than single drivers for car insurance. Married drivers enjoy less expensive rates than their single counterparts in most locations, based on data showing they file fewer insurance claims. Rates for those who are widowed are also much cheaper than rates for those who are single. In Frisco, insurance rates for those who are widowed are less expensive than rates for those who are single.
Gender is another factor that can affect auto insurance rates. Frisco's car insurance cost gap by gender is $5 per year, with male drivers paying more than female drivers.
|Gender/Marital Status||Average Yearly Rate|
No matter where you live, steering clear of accidents and citations is the best way to keep your auto insurance rates affordable. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.
Two of the most costly citations to receive are DUI and reckless driving. Frisco drivers found guilty of reckless driving face insurance rate increases of $797 per year, compared to the citywide average. A DUI violation may lead to an $814 increase, while a citation for speeding leads to a $121 rate hike.
|Incident||Average Annual Rate|
|At-fault Accident (damages less than $1,000)||$1,799|
|At-fault Accident (damages greater than $2,000)||$2,150|
|Speeding Ticket (16-20 mph over speed limit)||$1,532|
In many cases, a driver's credit level is closely correlated with their auto insurance rates. In fact, Frisco drivers who improve their credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) earn, on average, a 61% decrease in their auto insurance costs. Moving from "Very Poor" to "Fair" credit is an important step toward saving money on auto insurance. In Frisco, improving your credit to "Fair" could help you earn a $1,234 decrease in annual car insurance rates.
|Credit Score||Average Annual Rate|