Cheap Car Insurance in Sherman, Texas ( With 2024 Rates)

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Lowest Premium

$312 / YEAR

Average Premium

$485 / YEAR

Highest Premium

$706 / YEAR

50/100/50 (minimum liability) ⓘ How the premiums are calculated

The average annual premium in Sherman is around $485 and can go upto $706. This is for a 30 year old female buying 50/100/50 coverage which is considered as the minimum liability.

Texas Car Insurance Minimum Requirement by Law

As per the Department of Public Safety in the state requires a minimum of 30/60/25 as explained below:

$30,000 coverage for all types of bodily injury suffered by one individual in one accident
Bodily injury suffered by two or more people is $60,000. The amount is the same for deaths of two or more people caused by one accident
Damage to property or injury to others in one accident is $25,000.

Best Car Insurance Companies in Texas and Rates Offered

The cheapest car insurance rates in the state is provided by Geico Insurance followed by Farmers Insurance. But the major players are State Farm, Progressive and Farmers insurance in order.

Company	Annual premium (50/100/50)	Market share	Complaints
Geico	$350	6.00% ($1,151,485,019)	1
Farmers	$385	7.98% ($1,530,613,603)	2
State Farm	$390	16.03% ($3,074,590,659)	119
Allstate	$495	7.38% ($1,416,050,038)	4
Liberty Mutual	$550	4.36% ($836,938,040)	64
Progressive	$660	8.75% ($1,678,264,745)	0

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Car Insurance Rates in Sherman by ZIP codes

The table below lists the average insurance rates for 50/100/50 (minimum liability) accross the zip codes in Sherman. We have omitted the zip codes that has same insurance rates. If your zip code is not listed in the table, please refer to the zip code near to you since the insurance rates will be same as of the neighbouring zip code.

Zip	Avg. Premium
75090	$487
75092	$482

Insurance Agents in Sherman, TX and Near by

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Garland Insurance & Financial

123 E Lamar St, Sherman, TX 75090

(903) 893-1633

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Marty Allison

320 N Travis St Ste 200, Sherman, TX 75090

(903) 893-3166

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TWFG Insurance Services - Keith Tilghman

315 N Travis St Ste C7, Sherman, TX 75090

(903) 464-0007

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McCullough & Pierson Insurance

521 N Travis St, Sherman, TX 75090

(903) 868-1200

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Mike Barnes

423 N Rusk St, Sherman, TX 75090

(903) 892-8104

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Paisano Insurance

611 E Lamar St, Sherman, TX 75090

(903) 813-1235

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Keith Burgos

1001 N Travis St, Sherman, TX 75090

(903) 893-9420

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Diana Salas

1401 S Sam Rayburn Fwy Ste 300, Sherman, TX 75090

(903) 771-2323

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Kelly Johnson

320 E Peyton St Ste 300, Sherman, TX 75090

(903) 870-9020

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PS Insurance

1800 Teague Dr Ste 401, Sherman, TX 75090

(903) 892-4036

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Bayless-Hall Insurance

2007 Texoma Pkwy Ste 126, Sherman, TX 75090

(903) 868-9696

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American Insurance

2028 Texoma Pkwy, Sherman, TX 75090

(903) 209-6267

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Danny Ditmanson

2114 Texoma Pkwy Ste 700, Sherman, TX 75090

(903) 893-8400

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Ed Meacham

2624 N Loy Lake Rd Ste B, Sherman, TX 75090

(903) 892-3923

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Stacy Rake

808 Pecan Grove Rd E, Sherman, TX 75090

(903) 891-4646

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Accel Insurance Agency

4520 Texoma Pkwy Ste M, Sherman, TX 75090

(903) 892-1600

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TWFG Insurance Services - Mark Brown

2601 Hilltop Dr Ste 400, Sherman, TX 75090

(903) 328-6650

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David Vogel

5621 Texoma Pkwy, Sherman, TX 75090

(903) 892-0380

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9.4 mi

Ryan Zeestraten

3415 N Heritage Pkwy, Sherman, TX 75092

(903) 265-9597

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9.4 mi

Texas Farm Bureau Insurance

200 S Fm 1417, Sherman, TX 75092

(903) 893-4393

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9.4 mi

Nat McClure

2201 Heritage Pkwy, Sherman, TX 75092

(903) 893-9621

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9.4 mi

Terry Jones Insurance Agency

1711 Heritage Pkwy Ste 200, Sherman, TX 75092

(903) 893-7200

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9.4 mi

Hejny Insurance Agency

229 Sunset Blvd, Sherman, TX 75092

(903) 892-8068

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9.4 mi

Terry Everett

1425 W Houston St, Sherman, TX 75092

(903) 868-2999

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9.4 mi

Ibrahim Sangare

1800 N Travis St Ste K, Sherman, TX 75092

(903) 771-4153

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9.4 mi

Blake Ammerman

2008 N Travis St, Sherman, TX 75092

(903) 893-9429

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9.4 mi

Brian Kimberlin

121 W Lamberth Rd Ste B, Sherman, TX 75092

(903) 771-4900

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Learn More About Car Insurance in Sherman, TX

Helpful Info on Texas Car Insurance

Here is a list of useful information regarding Texas car insurance and driving in Texas roads.

Total vehicles registered	24,527,939
Total uninsured motorists	14.1%
Estimated economic loss of all vehicle crashes	$38.4 billion

Sources: uninsured motorists, 2015, crash report, 2018

Different car insurance coverage options available in Texas

There are different coverages to protect your family and your car in the event of an accident. It is always better to have enough coverage to not incur any loss in such scenarios. Below is a list of coverages available in Texas state.

Liability covers for the payment to other car driver and car met by accident caused by you. Texas law requires you to have at least 30/60/25 coverage. This will cover for injuries $30,000 per person and $60,000 per accident. It also covers for property damage up to $25,000. It is better to have enough coverage than just having the minimum required 30/60/25 coverage to make sure all the losses are covered with your insurance.
Collision covers for the expenses on your car caused by accident.
Comprehensive covers your car cost if your car is stolen or damaged by fire, flood, vandalism.
Medical payments cover your's and your passenger's medical bills
Personal injury protection (PIP) coverage is similar to medical payments coverage but also covers for the loss of pay and other non-medical expenses caused by accident.
Uninsured/underinsured motorist covers for the damage to you and your car caused by an uninsured or underinsured motorist. This is required in Texas, but you can opt-out from this coverage.
Towing and labor covers for the pay for towing your car and labor cost.
Rental reimbursement covers the payment for rental car service used when your car which had an accident is being repaired.

Methodology

The insurance rates mentioned in this article is based on the average amount for a 30 year old female purchasing 50/100/50 ($50,000 for injury liability for one person, $100,000 for all injuries and $50,000 for property damage in an accident) liability car insurance coverage. The premium rate can be higher or lower than the rates specified depending on the type of coverage one may choose, deductibles applied and the discounts offered by insurance company.

Cheap Car Insurance in Sherman, Texas (With 2024 Rates)