Table of contents
How much is car insurance in Frisco?
|Area||Average Monthly Car Insurance Premium|
As you can see in the chart above, it costs about the same to insure your vehicle in Frisco as it does in the rest of Texas.
Compared to the national average cost of auto insurance coverage, Frisco has lower rates. Auto insurance coverage in Frisco is about $14 cheaper than it is for the rest of the United States.
These may be the average auto insurance rates for Frisco, but that doesn't mean it's exactly what you'll pay. Insurance companies take in a variety of factors when determining how much to charge you for your car insurance. Things like age, gender, vehicle make and model,driving record and, in some areas, credit score can all play a part in the final dollar amount you'll be asked to pay each month.
Don't sweat it however, we've broken down the average rate for Frisco residents based on several different factors so that you can get a more accurate idea of what you might pay. And if you're not sure that you're paying the lowest option, simply enter your ZIP Code below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|45-54||Not Enough Data|
The older you are, the more experience you're likely to have on the roads, right? It also makes sense that the more experienced of a driver you are, the safer you are. In this case, 18-24-year-olds pay significantly more than someone who is at retirement age.
As you get older, you can expect to see a drop in your monthly premium every 10 years. Once you hit retirement age, however, you may see your rates begin to go back up in Frisco.
Average Car Insurance Rates by Gender
Female drivers pay, on average, slightly less than their male counterparts. In Frisco, the difference comes out to about $6 per month. As illustrated in the table above, female drivers in the area pay about $63 on average, while male drivers pay around $69 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your rates can change quite drastically depending on your driving record. Drivers with clean records will pay much lower rates than those with accidents or violations. In Frisco, drivers with one accident on their record will experience rates around $90 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $87.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$59|
|15 Years or Older||$76|
The most affordable vehicles to insure in Frisco are usually SUVs, which run about $59 per month.
Truck and van drivers will see rates of about $82, while the rates for car owners average out to about $66 a month.
Your vehicle's age also plays a role in your monthly payment. Newer vehicles are generally going to be the most expensive to insure. Once your car is a few years old however, your rates may start to dip back down a bit. In Frisco, the most expensive vehicles to insure are vehicles fifteen years and older.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$74|
On average, car insurance is slightly cheaper for married policyholders. This usually boils down to owners having multiple vehicles on the same policy, something many companies extend special discounts for.
The difference in rates based on relationship status in Frisco is about $20 a month, with married couples paying less for coverage than single drivers.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$110|
Another factor that comes into play is your housing situation. If you rent your home or apartment, expect to pay around $8 a month more than drivers who own property in Frisco. But if you live with your parents, your rates will be significantly higher.
Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your car insurance costs, depending on your insurance company.
Car Insurance Companies in Frisco, TX
Recent trends in car insurance for Frisco drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending when selecting an auto insurance policy.
In Frisco, the rates for auto insurance increased from 2016-2017, when they hit a high of $72. This changed in 2018, when insurance rates started to decrease. They reached a low of $59 in 2020, and finished at $61 in 2021.
How does Frisco compare to neighboring areas?
Why are car insurance rates in Frisco different from other areas?
When considering how much to charge for coverage, car insurance companies will review a lot of factors. Many factors affecting your policy are based around where you live and drive. These factors include things like:
- Regional laws
- Number of car accidents
- Number of drivers in the region
- Off-street parking access
You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. Different cities and towns will each have different rates, so guides like these are a handy way to get started.
How can I find the cheapest car insurance in Frisco?
Equipping yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.
Don't worry, Compare.com has you covered. Just enter your ZIP below, answer a few questions, and you'll be comparing the cheapest quotes from a number of the car insurance companies that offer auto coverage in Frisco in no time.
Frisco Insurance FAQs
What factors affect car insurance quotes in Frisco?
Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, but also factors like your vehicle's year, make and model, plus your driving record, credit score, marital status, and address.
Why is the cost of car insurance in Frisco different from other neighboring cities?
Things like crime rates, local laws, and parking situations, which are dependent on your address and area you live in, can significantly affect the cost of insurance relative to other cities.
Which car insurance company will offer me the cheapest rate in Frisco?
No one insurance company is guaranteed to offer the cheapest rate across the board. Since companies base their rates on factors that differ from person to person, such as driving record, number of drivers on the policy, vehicle make and model, and many more, it's a good idea to use sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Frisco?
Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Frisco or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.