Best Car Insurance in Sherman, TX

Compare the top car insurance companies serving Sherman. Find the best rates, coverage, and customer satisfaction scores side by side.
Data last updated: May 2026 · Sources: NAIC, J.D. Power, AM Best

Compare Rates From Top Sherman Insurers

Car Insurance — Company Comparison

InsurerNAIC Complaint IndexJ.D. Power Score AM Best RatingEst. MonthlyBest For
SF
State Farm
Largest U.S. insurer
0.77
710 / 1,000 A++ $193 Local agent support, bundling discounts
GE
GEICO
Berkshire Hathaway
0.93
685 / 1,000 A++ $172 Lowest rates, military discounts, online convenience
PR
Progressive
2nd largest U.S. insurer
1.23
665 / 1,000 A+ $216 Most coverage options, Name Your Price tool
AL
Allstate
Est. 1931
0.77
690 / 1,000 A+ $233 Pay-per-mile, Drivewise app, new car replacement
LM
Liberty Mutual
Fortune 100
1.08
670 / 1,000 A $220 Accident forgiveness, new car replacement
FM
Farmers
Zurich Group
0.89
695 / 1,000 A $224 Bundling discounts, Signal app savings
US
USAA
Military families only
0.42
890 / 1,000 A++ $159 Best overall satisfaction (military/veterans only)
NW
Nationwide
On Your Side
0.68
700 / 1,000 A+ $197 Vanishing deductible, pet coverage, SmartRide
$210
Avg. Monthly Premium (TX)
30/60/25
TX Minimum Liability
#14 Most Expensive
Cost Ranking
12.6%
Uninsured Drivers (TX)

Texas Car Insurance Requirements

Texas law requires drivers to carry minimum liability insurance. Here are the current state minimums — most experts recommend higher limits:

Bodily Injury / Person
$30,000
Minimum per person for injuries you cause
Bodily Injury / Accident
$60,000
Total per accident for all injuries
Property Damage
$25,000
Per accident for property you damage

Car Insurance Tips for Sherman

For drivers in Sherman, Texas, securing the right car insurance requires understanding how local conditions shape risk and cost. With a population of roughly 71,496, Sherman blends suburban and rural driving patterns, where commuters frequently navigate a mix of city streets, county roads, and proximity to major highways like US-75 and US-82. These routes carry heavy traffic during peak hours, particularly as many residents commute to jobs in nearby Dallas or McKinney, increasing the likelihood of fender-benders and highway-speed collisions. The state minimum liability coverage of 30/60/25 — meaning $30,000 per person for injury, $60,000 per accident, and $25,000 for property damage — is the legal floor, but local agents often advise higher limits given the density of commercial truck traffic and the potential for costly multi-vehicle accidents on these thoroughfares.

Weather and climate risks in Grayson County are a major factor in Sherman’s insurance landscape. The region sits in the heart of Tornado Alley, and severe thunderstorms frequently spawn damaging hail — a leading cause of comprehensive claims in North Texas. Flash flooding is also a concern, especially in low-lying areas near Lake Texoma and along creeks that overflow during heavy spring rains. Winter ice storms, while less common, can create treacherous driving conditions on bridges and overpasses, leading to sudden loss of control and chain-reaction crashes. These perils mean that comprehensive and collision coverage are not just optional add-ons but practical necessities for protecting a vehicle investment in this climate.

Unique local factors further influence premiums. Sherman’s theft rate for motor vehicles is slightly below the national average, but the city’s location near the Oklahoma border and its position as a regional hub for retail and services means a steady flow of out-of-state drivers, some of whom may be uninsured. With Texas carrying an uninsured driver rate of 12.6%, the risk of being hit by someone without coverage is significant. This reality makes uninsured and underinsured motorist coverage a wise addition, especially given that the average annual premium in Texas is around $2,520 — a figure that can rise in Sherman due to the higher claim frequency from weather events. Ultimately, Sherman drivers should prioritize a policy that balances state minimums with robust protection against local hazards, ensuring financial security on roads that demand constant attention.

Frequently Asked Questions

How does the average car insurance premium in Sherman, Texas compare to the state average of approximately $2,520 per year?
Sherman’s average premium is roughly in line with the Texas state average of $2,520 per year, though rates can vary based on your driving record, vehicle, and zip code. Given Sherman’s population of about 71,496, insurers consider local traffic density and claim trends, so it’s wise to compare quotes from multiple carriers serving Sherman.
What are the minimum liability insurance requirements for driving in Sherman, Texas?
Sherman drivers must carry the Texas state minimum liability coverage of 30/60/25, which means $30,000 per person for bodily injury, $60,000 per accident total for bodily injury, and $25,000 for property damage. This minimum protects you if you cause an accident, but you may want higher limits given Sherman’s mix of residential and highway traffic, such as along US-75.
Does Sherman’s population size and location near the Oklahoma border affect my car insurance rates?
Yes, Sherman’s population of roughly 71,496 and its proximity to the Oklahoma border can influence rates due to higher crash risks on cross-border routes like US-75 and State Highway 56. Insurers may also factor in weather patterns common in North Texas, such as hailstorms, which can raise comprehensive coverage costs for Sherman residents.
Data Sources: NAIC Complaint Index from the National Association of Insurance Commissioners Consumer Information Source (content.naic.org). Customer satisfaction scores from J.D. Power 2025 U.S. Auto Insurance Study. Financial strength ratings from AM Best. Average premium data from the NAIC Auto Insurance Database Report and the Texas Department of Insurance. All data is publicly available. This page does not constitute insurance advice. Data last verified May 2026.
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