Find Car Insurance in Waco, Texas

This Texas city, established in 1849, blends rich history with modern attractions. The Waco Suspension Bridge, built in 1870, spurred growth, and the area is also the birthplace of Dr. Pepper. Today, visitors can explore landmarks like the Dr. Pepper Museum, the Texas Ranger Hall of Fame, and Magnolia Market, made famous by Fixer Upper. Nature lovers can enjoy Cameron Park, one of the largest municipal parks in Texas, with trails and a zoo.

Driving here is generally easy, with road improvements underway, though some areas like the South 17th Street bridge are being updated. Like the rest of Texas, car insurance is essential, with minimum coverage of 30/60/25. Experts recommend opting for higher limits, such as 100/300/100, for better protection, given the potential costs of accidents.

Protect yourself on the busy roads by having the best auto insurance in Texas from agents who provide concierge service.

How Much Does Car Insurance Cost in Waco, Texas?

Rates vary according to your specific situation, but drivers pay a yearly cost of about $1,812 for full coverage and $528 for liability car insurance. This is far below the U.S. averages of $2,014 for full coverage and $622 for minimum coverage.

What Does Full Coverage vs. Minimum Liability Mean?

Full coverage and minimum liability are types of car insurance coverage, but they differ significantly in the level of protection they offer.

• Full coverage typically includes a combination of several types of insurance:
  • Liability insurance (covers injury and property damage to others if you’re at fault).
  • Collision insurance (covers damage to your car from a crash, regardless of who is at fault).
  • Comprehensive insurance (covers non-collision damage, like theft, vandalism, or weather damage).
  • Uninsured/underinsured motorist coverage (helps if you’re in an accident with someone who has little or no insurance).

Full coverage is more expensive but provides broader protection, covering both your car and others in a wider range of situations.

• Minimum liability is the minimum amount of insurance required by law in many states, including Texas. It generally only covers:
  • Bodily injury liability (for medical expenses of others if you’re at fault in an accident).
  • Property damage liability (for damage you cause to someone else’s property).

Minimum liability only protects others in the event of an accident where you’re at fault. It doesn’t cover any damage to your car or medical expenses if you’re injured. While it’s cheaper, it often leaves you financially vulnerable if you cause or are involved in a more serious accident.

Affordable Car Insurance Rates Comparison by Cities in Waco

Insurance agents review car theft and accident data for your specific zip code to determine your rates. Areas with higher accident rates typically result in higher premiums compared to areas with fewer incidents.

Here are the average rates for Waco, along with other cities across Texas.

City	Full Coverage Insurance	Liability Insurance Coverage
Waco	$151	$44
Houston	$215	$63
Dallas	$184	$54
Austin	$205	$59
San Antonio	$165	$50

How Bundling Your Car and Homeowners Insurance Can Save You Money in Waco

Bundling your car and homeowners insurance in Waco can lead to significant savings. Insurance providers often offer discounts when you combine multiple policies, as it reduces the risk and administrative costs for them. By bundling policies, you may receive a lower overall premium compared to purchasing separate policies for each. In addition to the cost savings, bundling can simplify managing your coverage with one provider, leading to less paperwork and easier renewal processes. Whether you’re insuring a home near the Brazos River or your car on the streets of Waco, bundling your policies is a smart way to get comprehensive coverage at a more affordable price.

What Types of Car Insurance Discounts Are Available in Waco?

Aside from bundling, there are several discounts available on auto insurance that could lower your premium. You might be eligible for the following discounts:

• Customer loyalty
• Good driver
• Good student
• Senior citizen
• Low mileage
• Military

Insurers enjoy finding ways to reward drivers. Ask your agent about other discounts that may be available for your specific circumstances.

Notable Car Insurance Laws in Waco

There are a few key car insurance laws you’ll want to know. For starters, you’re required to have liability insurance, and you need to have proof of it with you while driving. If you’re caught without insurance, you could face fines or even have your car impounded, especially if it’s a repeat offense. Let’s dive into some other important car insurance laws you should be aware of as a driver in Waco.

What Are the Mandatory Car Insurance Requirements in Waco?

In the Lone Star State, all drivers are required to have liability insurance, which covers costs if you’re at fault in an accident. The minimum liability coverage required is $30,000 for injury to one person, $60,000 for injuries to multiple people, and $25,000 for property damage. While this is the legal minimum, many people choose higher coverage for extra peace of mind, making sure they’re fully protected if something serious happens. It’s always a good idea to assess your situation and pick the coverage that fits your needs.

What Is the Penalty for Driving Without Insurance in Waco?

Driving without insurance can result in fines ranging from $175 to $350 for a first offense. Repeat offenses may lead to fines between $350 and $1,000. Additionally, a conviction can trigger a $250 annual surcharge for three years, totaling $750. Drivers may also be required to file an SR-22 and face vehicle impoundment, with daily storage fees. The penalties for driving without insurance in Waco are typically $388 for the first offense and $586 for subsequent ones. Always carry proof of insurance to avoid these penalties.

Do Waco-Specific Laws Play a Role in Determining Your Insurance Premiums?

While there aren’t specific Waco-only laws that directly affect your insurance premiums, local factors like accident rates, theft statistics, and traffic patterns do play a role. Insurance companies often look at these local risks when calculating your premium. For example, if you live in an area with a higher rate of accidents, your premiums may be higher compared to neighborhoods with fewer incidents. So, while state laws set the minimum requirements, Waco’s local statistics can influence how much you pay for insurance.

Typical Driving Conditions in Waco

Driving in Waco is generally easy, with key roads like Interstate 35 running through the city, providing quick access to surrounding areas. The city’s summer heat can make driving a bit uncomfortable, especially with temperatures often reaching the 90s or higher, so it’s important to have working air conditioning. Rain is common in spring and fall, and during heavy downpours, roads can get slippery, particularly in low-lying areas or near the Brazos River. Traffic is usually light, but it can get congested near popular spots like Magnolia Market or Baylor University, especially on weekends and during special events. Be mindful of construction zones around the city as well, which may cause occasional delays.

How Many Car Accidents Happen in Waco Per Year?

In 2023, Waco had 13 fatal accidents. In the below chart, you can see the total number of crashes in Waco compared to some other Texas cities, as reported by the Texas Department of Transportation:

City	Total Crashes
Waco	3,016
Port Arthur	1,564
Lubbock	6,094
Houston	67,644
San Antonio	40,077

How Many Uninsured/Underinsured Motorists Are in Waco?

According to the Texas Department of Motor Vehicles, approximately 20% of drivers in Texas are uninsured, meaning one out of every five drivers on the road lacks coverage. To protect yourself from these uninsured or underinsured drivers, consider adding uninsured/underinsured motorist coverage to your policy. Your InsureOne agent is here to help you understand your options and find the best coverage for your needs.