Skip to main content

Cheap Car Insurance in Laredo, TX

Illustration of van driving by Freeway Insurance headquarters

Everything You Need to Know About Auto Insurance in Texas

Laredo is close to the southern border of Texas, and experiences unique driving conditions influenced by the location and climate. Because it is close to Mexico, Laredo locals often encounter ever-changing traffic patterns and road conditions, including heavy truck traffic from international trade routes.

Additionally, Laredo’s subtropical climate brings its own set of challenges, such as intense heat and occasional severe weather, which can increase the likelihood of accidents and damage. Given these factors, having adequate auto coverage is essential for people in Laredo to protect themselves financially in the event of unforeseen incidents on the road as well as enjoy living in this Texas town.

Texas car insurance protects people from high costs due to accidents with others or because of bad weather.  Trade activity and diverse driving conditions are increasing in Laredo, and the risk of mishaps and collisions is higher, so you need an insurance plan that can cover you in common events like these.

How Much Does Car Insurance Cost in Laredo, Texas?

People in Laredo pay approximately $67 a month for state minimum required liability insurance, $20 more than the typical payment in Texas of $47, and $5 more than the national average price of car insurance, $62.

Full coverage auto insurance in Laredo is $185 per month, $16 more than Texas’ mean of $169 and $30 less than the nation’s, which is $215.

What Does Full vs. Minimum Mean?

Grasping the disparities between full coverage and minimum liability auto insurance is important to ensure you have adequate financial security, comply with legal standards, and maintain personal peace of mind while driving. Each type of protection plan carries distinct terms, and you’ll want to comprehend the details of each to make informed decisions as you select your policies.

Full coverage creates an extensive buffer against various risks like collisions, theft, vandalism, and natural disasters. Typically, these policies pay for repair or replacement expenses for your automobile, but they usually do not include extra additions such as rental car reimbursement, roadside assistance, and underinsured or uninsured motorist insurance.

On the other hand, minimum insurance (liability coverage) represents the basic legal requirement set by most states. Liability coverage covers bodily injury and property damage, ensures you meet compliance with legal mandates, and helps shield you from financial responsibility if you’re considered liable in an accident. However, minimum liability will not cover your personal property damage, medical bills, or other losses stemming from an incident – but it will cover these expenses for other parties that were involved.

Affordable Car Insurance Rates Comparison by Cities in Texas

This chart displays the typical premiums in Laredo compared to other cities in Texas.

City Full Coverage Insurance Liability Insurance Coverage
Laredo $173 $58
Irving $175 $65
Edinburg $184 $72
El Paso $157 $54
Houston $215 $80

Affordable Laredo Car Insurance Rates by Zip Code

Your zip code influences the cost of your premiums. Laredo is a highly populated city (thus there are more people on the road) so there is a higher number of claims than usual. How many claims filed in a given zip code affects pricing in the area.

Zip Code Full Coverage Insurance Liability Insurance Coverage
78040 $170 $58
78041 $172 $56
78042 $201 $65
78043 $173 $58
78044 $201 $65
78045 $168 $57
78046 $175 $58

Low-Cost Car Insurance Rates by Age in Laredo

Your date of birth is another quality insurers use to estimate your monthly premiums. Note that car insurance for teen drivers is more expensive because they lack experience behind the wheel. However, as you age and practice defensive driving techniques, your rates will decrease.

This table lists the typical monthly auto payments in Laredo based on age.

Age Full Coverage Insurance Liability Insurance Coverage
Teenagers $546 $210
20s $244 $83
30s $166 $56
40s $160 $56
50s $147 $52
60s $155 $59
70s $165 $65

We use the following methodology to arrive at our average cost: male, age 30, state minimum liability and full coverage of 100/300/100.

Driving Conditions in Laredo

How Many Fatal Accidents Happen in Laredo?

According to the National Highway Traffic Safety Administration, Laredo experiences about 20-21 fatal crashes annually. NHTSA statistics show that between 2011 and 2021, three years had 15 or fewer fatalities, although two years had as many as 25 and 27 deaths.

How Are the Road Infrastructure and Bridges in Laredo?

Just as in Texas as a whole, Laredo authorities use public funds to maintain street safety. The American Society of Civil Engineers gave this state a “C” in 2021, which was an improvement from the previous year. One of the reasons why Texas ranked in this way was because the region faces significantly more congestion than the national average, especially in larger cities like Austin, DFW, and Houston. The typical Texan spends 54 hours in traffic at a cost of $1,080 annually. Even though road safety isn’t perfect in the Lone Star State, the government is working hard to make improvements.

Minimum Car Insurance Requirements in Laredo

There are laws in Texas that define the minimum liability requirements in the Lone Star State, including in Laredo. If you live in Texas, your minimum liability policy must have:

  • Coverage for bodily injury and death liability insurance per individual involved and per accident, with a minimum of $30,000 per individual
  • Coverage for bodily injury and death liability insurance with a minimum of $60,000 per incident
  • Coverage for property damage liability insurance, with a minimum of $25,000 per incident

What Are the Penalties for Driving Without Insurance in Laredo, Texas?

In Texas, motorists will pay the price for not having documentation of an insurance active policy. If you’re stopped while driving without insurance, Texas can charge you with a misdemeanor, along with additional penalties, like fines, vehicle registration suspension, or even an SR-22 insurance requirement.

You can receive up to $350 in fines for your first offense and as much as $1,000 for each subsequent offense. Plus, you can receive an annual driver’s license surcharge of $250 for three years after your first offense, and an additional $250 annually for three years for subsequent offenses.

Repeat offenders face potential vehicle impoundment and associated fees, license suspension, reinstatement fees, and can even spend up to six months in jail.

Factors Allowed in Laredo Car Insurance Rates

Underwriters look at a multitude of factors that affect your car insurance pricing, and even your marital status can influence your costs. Other qualities insurers consider include:

  • The type of vehicle you drive, like an SUV or sedan
  • Your job title
  • Your highest level of education
  • Your coverage and deductible amounts
  • Your zip code

What’s the Best Car Insurance for Teenagers and Their Families in Laredo, TX?

To secure the best auto protection for young motorists and their families in Laredo, TX, you’ll need to consider several things so that you get the affordable plans you need. When your teenager starts learning how to drive, you’ll want to teach them how to avoid bad driving habits so they have the knowledge to practice safe driving – and increase their chances of lower rates later. In fact, if all drivers in your family maintain a safe driving history, your prices will not only go down, but you may qualify for additional discounts on your monthly bill, too (more on this later).

You’ll also want car insurance to cover you if you get into a collision, or experience theft or vandalism. These situations are common in Texas, so you’ll have more peace of mind knowing your insurer will be there when you need it. Additionally, make sure your liability policy helps cover bodily injury and property damage, which is especially important if your teenager is found at fault for causing an incident. Liability insurance helps your teen and your family be financially secure, no matter who is at fault.

What Are the Best Discounts for Car Insurance in Laredo, TX?

Discounts on auto insurance can help you save money each month. Many times, when you qualify for more than one of these discounts, they can all be applied to your bill and significantly reduce how much you’ll pay each month.

Here is a list of some of the savings Laredo residents receive:

Are you aware that you can lower your auto insurance rates if your car has certain safety features? Every insurer has different rules for discount qualification, but it’s worth seeing if your agent can help you get a better price. Plus, if you have a good driving record, you can even request a Safe Driver Discount. Since you can apply more than one discount to most plans, use these details to your advantage to get the best savings possible.

Get an Online Quote for Car Insurance in Laredo Today!

Street view of the Plaza Theater built in 1950 in Laredo, Texas. Cheap car insurance in The Lone Star State.

At Freeway Insurance, we’re all about helping you find the perfect insurance plan that fits just right. We believe that getting the right coverage shouldn’t be a hassle or cost a fortune. Since Laredo motorists must have proof of an active auto insurance policy that meets Texas’s minimum liability mandate, let’s help you get started with a quote online, at a Texas office, or by calling (800) 777-5620.