Are you Paying the Average in Dallas?

Answer 1

Many drivers in Dallas today want to know if they are paying too much for their auto insurance. If you are one of these drivers yourself, you may be wondering what the average cost of insurance for Dallas drivers is. The average Dallas driver today pays $1,541 per year for car insurance, which equates to about $128 per month. However, don't let this average figure fool you. There are several different factors that go into calculating insurance rates. You may be paying lower than this average amount and still be paying too much for auto insurance in Dallas.

Factors That Affect Insurance Rates

It is important to note that the average cost of insurance above reflects auto insurance costs for the safest of drivers as well as for drivers in high risk categories like young drivers, seniors, and more. Numerous factors go into the calculation of auto insurance rates including your gender, your age, your driving history, the zip code you live in, and the make and model of your vehicle. As you can see, these factors will vary significantly from driver to driver, so viewing average rates for drivers in Dallas will not necessarily reveal if the rate you are paying today is competitive.

A Better Way to Compare Rates

So how can you determine if you are paying the most competitive rate possible for your auto insurance? The best way to compare rates is to shop around and get a few quotes that are customized for you. You can contact a number of car insurance companies directly to get a personalized quote. This can take a lot of time, so many drivers today are opting to use a rate estimator website first. Such websites are designed to analyze just a few key factors like your gender, age, and specific zip code to provide you with estimated rates from car insurance companies. With this information, you can determine if you may find savings by getting full quotes or if you have a competitive car insurance rate already.

Driving is not cheap, and with the rising price of gas in recent years, it is not getting any more affordable. You may be able to reduce the cost of driving in Texas today by taking a closer look at your auto insurance rate and comparing that rate against the rates of other car insurance companies.