Best Auto Insurance Rates in McKinney, Texas

On average, your neighbors pay $77 a month.

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Compare Auto Insurance in McKinney

Between 1990 and 2010, the population of McKinney, Texas grew from 21,000 to over 131,000 residents. This rapid population growth over a relatively short period time has caused a lot of traffic congestion. More people on the roads means more possibilities for traffic accidents. So, McKinney residents will want to make sure they have the right car insurance coverage for their needs at the right price.

Average McKinney Car Insurance Rates

How much is car insurance in McKinney, TX? Residents shouldn't be surprised that average rates here are higher than the national average. The average cost of auto insurance in Texas is $934.22 per year. The national average cost is $889.01.

Prices may vary depending on your driving history, policy limits, coverage, and the number of claims filed in your zip code.

Texas Average Annual Car Insurance Rates
Coverage Rates
Liability $516.26
Collision $357.61
Comprehensive $192.33
Total Cost Per Year $934.22
Price Per Month $77.85
Source: Facts + Statistics: Auto insurance

The graph below shows the change in average Texas auto insurance rates from 2011 to 2015, the most recent year the data is available. According to the III, car insurance rates in Texas increased from $808 in 2011 to $934 in 2015, a jump of $125, or 15.48 percent.

Texas average car insurance rates

QuoteWizard helps McKinney residents compare quotes from both national companies and local insurance agents. Comparing quotes can help you find cheap car insurance rates near McKinney, Texas and save up to 40% on your premium.

Last year, 2,550 people used QuoteWizard to compare car insurance quotes in McKinney, TX from multiple companies to find the cheapest rates.

Best Car Insurance Companies in McKinney, TX

These were the most common car insurance companies reported by QuoteWizard users living in McKinney, Texas last year. 91 of these users were not insured when they requested a quote.

Top 10 Vehicles in McKinney

These are the most common car makes and models owned by McKinney, TX drivers requesting quotes through QuoteWizard last year.

  1. Ford F150
  2. Honda Accord EX/LX
  3. Ford Mustang
  4. Toyota Camry SE/LE/XLE
  5. Nissan Altima 2.5 S
  6. Honda CR-V EX
  7. Nissan Rogue S/SL
  8. Hyundai Sonata GLS
  9. Kia Soul
  10. Dodge Ram 1500
Get a quote for your vehicle. Request Quote Get a Quote For Your Vehicle

Minimum Car Insurance Requirements in McKinney, TX

McKinney, Texas has a minimum coverage requirement known as the 30/60/25 rule. This means each policy must include at least the following three components:

  • Individual Bodily Injury Liability (BIL): $30,000.
    The maximum your insurance carrier will pay for an individual person injured in a car accident.
  • Total Bodily Injury Liability: $60,000.
    The total amount your insurance company will pay in total for every person injured in a car accident.
  • Property Damage Liability (PDL): $25,000.
    The most your insurer will pay for property damage caused by a car accident.

McKinney Drivers

According to a recent report published by Allstate Insurance, when it comes to safe driving, McKinney, TX ranked 143rd out of 200 cities. While most US drivers go 10 years without having an accident, drivers here are involved in crashes every 7.8 years. Out of 2,550 McKinney drivers that used QuoteWizard to request insurance quotes last year, 69 had incidents on their driving records ranging from speeding tickets to DWIs.

McKinney drivers saved up to $383 on their car insurance policies by comparing rates through our simple form.
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Driving Conditions

Weather and road conditions can have a major impact on car insurance rates.

Weather

McKinney, Texas has a warm, humid subtropical climate. Summers are hot and humid and there is no dry season. Winters are cold. Spring and fall are pleasant enough, but springtime storms can dump a lot of rain, creating slick driving conditions and flooding. Snowfall is rare in McKinney, but is most likely to happen between December and January.

Road Conditions

Though it doesn’t snow often, when it does it causes major problems on the roads. And the pothole problem in North Texas is getting progressively worse.

Due to its location, McKinney is considered part of the Dallas-Fort Worth-Arlington (DFW) metropolitan area. TRIP reports that 40% of the major roads in the DFW metropolitan area are in poor condition with another 44% rated mediocre. The increasing number of potholes in this area is especially troubling because of the damage they can cause, some of which is severe enough to warrant an insurance claim. According to TRIP, the poor condition of streets costs local drivers an additional $1,740 per year on average due to higher vehicle operating costs, car accidents, and traffic congestion.

Traffic Congestion

McKinney, TX is ranked, with the DFW metropolitan area, as having the 32nd worst traffic congestion in the United States. An average driver spends an extra 16 minutes per hour stuck in traffic for every 60 minutes spent commuting during peak hour and an extra 63 hours a year for commutes lasting 30 minutes.

In another study, the Texas A&M Transportation Institute (TTI) ranked Dallas 11th in the nation for yearly delay per commuter. According to the TTI study, residents spend an extra 53 hours a year stuck in traffic congestion and waste 22 gallons of fuel annually. The total cost per commuter is estimated by the TTI to be $1,185 per year.

Moving Violations

Moving violations like speeding tickets, drunk driving, and accidents will ruin your driving record and raise your insurance rates.

Traffic Tickets

The City of McKinney Municipal Court website allows you to pay traffic citations, tells drivers how to contest tickets, and provides helpful traffic court information.

SR-22 DWI Insurance

If you've been convicted of a DWI and need to obtain an SR-22 form, request a quote and we will connect you with local insurance agents from top insurance companies that specialize in McKinney DWI insurance.

Car Accident Statistics

McKinney officials reported 1,384 car crashes in 2016. These crashes resulted in 803 injuries, 54 of them incapacitating.

DWI Crashes and Injuries

McKinney reported 81 crashes involving alcohol or drugs in 2016. These accidents involving impaired drivers caused 42 injuries and two fatalities.

Traffic Fatalities

McKinney experienced seven fatal collisions in 2016 resulting in eight deaths in motor vehicle crashes.

This works out to a fatality rate of 4.64 per 100,000 residents. All traffic deaths are a tragic loss, and considering Pasadena's estimated population of 172,298, this is one of the nation's safest cities in terms of traffic fatalities.

Vehicle Theft Rates

Plano reported 159 vehicle thefts in 2016. This is a rate of 0.98 per 1,000 residents, less than half the national rate of 2.20 stolen cars per 1,000 people.

Save With Car Insurance Discounts

If you want to find affordable car insurance, discounts are one of the best ways to lower your insurance rates. Below are only some of the car insurance discounts available to driver in McKinney, TX.

  • Bundle your auto policy with your homeowners, renters, or life insurance. Bundling is one of the best discounts because can save you more than any other single discount. Bundling insurance policies together under one insurer can knock as much as 15% off your premium
  • Get a new car with advanced safety features like anti-lock brakes or electronic stability control
  • Active duty and retired members of the Military, National Guard, or Reserves are entitled to discounts for their service
  • Are you married or getting married soon? Many insurers offer a discount for married couples
  • Drivers 55 and older can qualify for the senior discount and the 55 and retired discount
  • Keep your driving record clean with no tickets or accidents that add points to your driver's license and drive your rates up
  • Live in a safe neighborhood with low crime and good drivers. People that live in neighborhoods with high crime and urban driving conditions file more claims. For you, that can mean higher rates no matter how clean your driving record is
  • Maintain at least a B grade point average in school to qualify for the good student discount
  • Have good credit. If your credit rating has recently improved, get a quote. You may find yourself paying a smaller premium
  • Shop around and compare alow-cost McKinney car insurance quotes to find all the discounts you qualify for

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