How much does auto insurance cost in McAllen?
The average car insurance rate in McAllen, Texas, is $1,580 per year. That's more expensive than the statewide average in Texas ($1,415) and more expensive than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score, and other factors in McAllen.
CAR INSURANCE: MCALLEN RATES VS. STATE + NATIONAL AVERAGES
|McAllen Average (per year)||Texas Average||United States Average|
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McAllen auto insurance premiums by company
One of the best ways to save on auto insurance is to compare rates from multiple companies and to choose the insurer that best fits your coverage needs. In McAllen, State Farm provides the most affordable rates for the typical insurance customer. See below the best companies for cheap auto insurance in McAllen — but don't forget to get personalized car insurance quotes to match your driving profile.
MCALLEN CAR INSURANCE RATES BY COMPANY
|Insurer||Average Rate (annual)|
McAllen auto insurance premiums by age
The age group that pays the least for car insurance in McAllen are drivers in their age_50s ($1,375per year). Those in their age_60s don't pay significantly more ($1,420).
Young drivers aged 16 to 19 pay the most for car insurance in McAllen. One of the most effective ways to lower your car insurance rates as a driver in McAllen is to age out of your teens. The cost differential between the auto insurance rates paid by teenage drivers and drivers in their 20s in McAllen is $1,861, the largest such difference between any two age groups.
MCALLEN CAR INSURANCE RATES BY DRIVER AGE
|Age bracket||Average Yearly Rate|
McAllen car insurance rates by marital status and gender
In some cases, a driver's gender and marital status may influence the car insurance rates they pay. In most locations in the US, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in McAllen pay $102 less than single drivers for auto insurance. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in McAllen, single drivers pay more than those who are widowed.
Gender is another factor that can affect car insurance rates. In McAllen, the gap in auto insurance rates between genders is $14 per year, with male drivers paying more than female drivers.
MCALLEN CAR INSURANCE PREMIUMS BY GENDER AND MARITAL STATUS
|Gender/Marital Status||Average Annual Rate|
McAllen auto insurance rates by incident history
Maintaining a clean driving record is an effective way to minimize your insurance rates. 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. McAllen drivers found guilty of reckless driving face insurance rate increases of $826 per year, compared to the citywide average. A DUI violation may lead to an $847 increase, while a citation for speeding leads to a $138 rate hike.
AVERAGE MCALLEN INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Citation||Average Yearly Rate|
|At-fault Accident (damages less than $1,000)||$1,992|
|At-fault Accident (damages greater than $2,000)||$2,383|
|Speeding Ticket (16-20 mph over speed limit)||$1,718|
McAllen car insurance rates by credit level
Another major insurance rating factor is credit score. Drivers with bad credit histories typically face more expensive car insurance than do drivers with stellar credit. McAllen drivers who improve their credit score from "Very Poor" (300-579) to "Exceptional" (800-850) can save as much as 61% on their car insurance premiums. If you move from the "Very Poor" credit tier to the "Fair" credit tier, you could be in line for an auto insurance price adjustment. In McAllen, moving into the "Fair" credit tier corresponds to an average of $1,355 in savings on insurance each year.
MCALLEN CAR INSURANCE RATES BY CREDIT TIER
|Credit Score||Average Yearly Rate|