Midland – Odessa, TX – Auto Insurance
Car insurance coverage policies in Midland, Texas can vary based on several factors, including your age, driving record, vehicle types, desired coverage limits, and the insurance company you choose.
We can help you compare car insurance quotes from top insurance providers fast for Midland-Odessa drivers looking for affordable rates with the best coverage in Texas. To find cheap car insurance policies in Midland, follow the steps listed in our guide and discover what the average costs will be.
How Much Does Car Insurance Cost in Midland?
The Midland-Odessa area is in Western part of Texas and encompasses Midland County and Martin County with over 131K people living in the area.
Drivers in Midland, TX on average will pay around $1,156 yearly for state minimum coverage or $96 a month. If you are looking for a full coverage auto policy you can expect to pay around $2,340 per year or $195 a month. Midland drivers can also ask about car insurance discounts from being a good student, clean driving history, and completing defensive driving courses. You can also save money by bundling your auto, home, renters or boat insurance policies.
Here is a breakdown of the average state minimum coverage costs broken down by county and vehicle type for Midland-Odessa drivers:
| County: | Car | SUV: | Sports: | Truck: | Hybrid: |
|---|---|---|---|---|---|
| Ector | $1,283 | $1,102 | $1,228 | $1,280 | $1,347 |
| Martin | $1,124 | $956 | $1,059 | $1,138 | $1,201 |
| Midland | $1,155 | $994 | $1,106 | $1,155 | $1,215 |
| Avg. Yearly Costs: | $1,187 | $1,017 | $1,131 | $1,191 | $1,254 |
| Monthly Costs: | $98.94 | $84.78 | $94.25 | $99.25 | $104.53 |
Cheapest Midland Auto Insurance Providers
The cheapest car insurance providers in Midland is USAA, Texas Farm Bureau, AAA and Progressive for the average middle-aged single person who drives a used 4 door car with a clean driving record.
Here is a breakdown from our cost database for yearly state minimum coverage and full coverage by insurance provider for a used vehicle:
| Insurance Provider: | State Minimum: | Full Coverage: |
|---|---|---|
| USAA | $568 | $1,910 |
| Texas Farm Bureau | $638 | $2,025 |
| AAA | $763 | $2,284 |
| Progressive | $782 | $2,472 |
| GEICO | $908 | $2,424 |
| State Farm | $942 | $2,610 |
| All State | $1,292 | $2,750 |
Newer Vehicle Insurance Rates
The average cost for auto insurance for a new 2022 – 2023 four door vehicle on average will cost $738 for state minimum coverage and $2,656 for a full coverage policy. Below you’ll find a breakdown insurance providers for both coverage types on a new vehicle:
| Insurance Provider: | State Minimum: | Full Coverage: |
|---|---|---|
| USAA: | $530 | $2,280 |
| GEICO: | $838 | $2,588 |
| AAA: | $763 | $2,672 |
| Progressive: | $720 | $2,766 |
| State Farm: | $838 | $2,974 |
Car Insurance Costs by Age in TX
Age is a significant factor that affects TX auto insurance rates. Generally, younger and older drivers tend to pay higher premiums compared to drivers in the middle age group. Here’s how age can influence car insurance costs:
- Young drivers (under 25): Statistically, young and inexperienced drivers are more likely to be involved in accidents. They are also prone to riskier driving behaviors, such as speeding or distracted driving. As a result, insurance companies consider them higher risk, and their premiums are typically more expensive.
- Middle-aged drivers (25-65): This age group is generally considered to be more experienced and responsible behind the wheel. They are statistically involved in fewer accidents and tend to have lower insurance premiums compared to younger and older drivers.
- Senior drivers (65 and older): As drivers get older, their risk profile may change due to factors such as declining vision, slower reflexes, and potential health issues. Insurance companies may increase premiums for older drivers to reflect these factors and the increased likelihood of accidents.
Here is a comparison of the amounts you can expect to pay based on age in Texas – as you can see young drivers will pay much more on premiums until there is a significant drop in costs at age 29. Your auto policy continues to get cheaper until age 65 when it slowly starts increasing as you age.
| Driver’s Age: | State Minimum Coverage | Full Coverage |
|---|---|---|
| 17 | $2,686 | $7,193 |
| 18 | $2,346 | $6,376 |
| 20 | $1,664 | $4,752 |
| 22 | $1,248 | $3,659 |
| 24 | $1,068 | $3,172 |
| 29 | $865 | $2,654 |
| 34 | $833 | $2,530 |
| 39 | $829 | $2,496 |
| 44 | $825 | $2,460 |
| 49 | $813 | $2,425 |
| 54 | $791 | $2,329 |
| 64 | $807 | $2,270 |
| 74 | $982 | $2,622 |
| 76 | $1,049 | $2,761 |
Finding Cheap Car Insurance Rates in Midland
- Shop around and compare quotes: Obtaining quotes from multiple insurance providers through Insurance Quotes helps you to compare their rates and coverage options. You can do this by contacting insurance companies directly or by using our free form to get rates fast.
- Consider your coverage needs: Evaluate your coverage requirements and determine the types and levels of coverage you need. Keep in mind that while opting for minimum coverage might lower your premiums, it may leave you with inadequate protection in the event of an accident or other unforeseen circumstances.
- Maintain a good driving record: Insurance companies often offer lower rates to drivers with a clean driving history. By practicing safe driving habits and avoiding traffic violations, you can potentially qualify for lower premiums.
- Increase your deductible: A deductible is the amount you pay out of pocket before your insurance coverage kicks in. By choosing a higher deductible, you can often lower your premium. However, ensure that you can comfortably afford the deductible amount if you need to make a claim.
- Look for discounts: Inquire about available discounts with insurance providers. Common discounts include safe driver discounts, multi-policy discounts (if you bundle your car insurance with other policies like home or renters insurance), good student discounts, and discounts for certain safety features in your vehicle.
- Improve your credit score: Insurance companies in some states consider credit scores when determining premiums. Maintaining a good credit score can help you qualify for lower rates.
- Review your policy annually: As your circumstances change, your insurance needs may also change. Review your policy annually to ensure you have the appropriate coverage at the best price.
Finding cheap car insurance involves a combination of research, comparison, and understanding your coverage needs. It’s important to strike a balance between affordability and adequate protection. Let InsuranceQuotes help you simplify the process by comparing local and national rates in one place.
Best Insurance Providers for Midland, TX
There are several insurance providers that operate in Texas and have a great reputation for providing auto insurance. Here are some well-known insurance companies that you may consider:
- State Farm: State Farm is one of the largest insurance providers in the United States and offers a wide range of coverage options, including auto insurance. They have a strong presence in Texas and are known for their reliable customer service.
- GEICO: Geico is known for its competitive rates and ease of obtaining quotes online. They have a user-friendly website and provide a variety of coverage options for Texas drivers.
- Progressive: Progressive is another major insurance company with a strong presence in Texas. They are known for their Snapshot program, which allows drivers to earn discounts based on their driving habits.
- Allstate: Allstate is a well-established insurance provider that offers a range of coverage options, including auto insurance. They have a network of local agents across Texas and provide personalized customer service.
- USAA: USAA primarily serves members of the military and their families, offering a variety of insurance products, including auto insurance. They are known for their exceptional customer service and competitive rates.
It’s important to note that the best insurance provider for you may depend on your individual circumstances, driving history, and coverage needs. It’s recommended to obtain quotes from multiple insurance companies and compare their rates, coverage options, and customer reviews to find the provider that suits your requirements. InsuranceQuotes can help you compare multiple national providers as well as local options to find the best price.
How Much Car Insurance is Required in Texas?
According to the Texas Department of Insurance, you must have enough insurance to cover the following state-minimum liability limits:
- $30,000 per person
- $60,000 per accident
- $25,000 for property damage
This is known as 30/60/25 coverage in Texas. You must carry proof of insurance at all times when you drive and show it to a police officer when asked, after an accident, when you renew your license or registration, and during you car inspection. If you don’t, you can face a fine and potential license suspension. It’s important to follow all local TX driving laws to avoid costly driving violations.
