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Last updated: October 18, 2022

GAINSCO Car Insurance Pricing

Potential rates for nonstandard insurance.

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GAINSCO specializes in insurance for high-risk drivers, especially those who need SR-22s. With a network of over 7,000 agents, GAINSCO has the feel of a neighborhood insurer with the backing of the nationwide auto insurance leader State Farm. If you want to learn more about GAINSCO’s pricing, this page breaks down its average rates and more.

GAINSCO Car Insurance Rates

Individual rates for auto insurance will depend on your driving record, coverage choice, credit history, age, vehicle type, location, and more. The average annual rate from GAINSCO is $1,389. Your yearly rate may range from $792 to $2,078 on average. Here are how your rates could differ based on your driver profile:

  • State minimums coverage: The average cost of minimum coverage is $1,295 a year. Minimum coverage means you only get the minimum coverages and limits that your state requires, but for relatively low prices.
  • Full coverage: If you’re looking for full coverage car insurance, expect to pay around $1,875.
  • After an accident: If you’ve been in an at-fault accident, you will pay closer to $2,182.
  • After a DUI: You’ll pay even more after a severe road violation; expect to pay $2,546 with a DUI conviction on your record.

Discounts with GAINSCO

Although GAINSCO offers a small range of auto insurance discounts, it has plenty of flexibility around customizing your coverage.

Discount type Discount qualification
Advance shopping If you bind your policy three to 30 days before the policy start date
Pay in full If you pay your premium in full
Autopay If you select automatic payments
Prior coverage If you had four months of continuous coverage from GAINSCO or another insurer with less than a 60-day lapse in coverage before your GAINSCO policy’s effective date
Homeowner If you own a home
Renewal If you renew your GAINSCO policy
Multicar If you have more than one vehicle

Favorite Features of GAINSCO Coverage

Towing and Rental Reimbursement Coverage

Towing and rental coverage from GAINSCO pays for towing charges and a rental car when your vehicle is getting a repair. This coverage will reimburse you for up to $40 per day and $1,200 per occurrence for related expenses.

SR-22 Coverage

An SR-22 form is an official document proving you meet the minimum car insurance in your state. Not all insurers will accept drivers who need SR-22 coverage.

You may need an SR-22 if any of the following is true:

  • You had a license suspension.
  • You had a conviction for driving with an expired license.
  • You were found at fault in a car accident while driving without insurance.
  • You had multiple violations within a short time frame, such as more than three tickets in a six-month period.

GAINSCO’s auto insurance rates are lower than other nonstandard insurers, generally. If you’re high-risk and need an SR-22, you can call GAINSCO’s customer service to speak with an agent who will help you complete the application process. Filing fees will vary by state.

If you want to purchase your policy with GAINSCO and live in Florida or Virginia, you may be required to file an FR-44. An FR-44 certificate provides similar proof of coverage to an SR-22, but certain states require an FR-44 for more severe violations such as a DUI or DWI.

Excellent Financial Strength

Since State Farm acquired GAINSCO in 2020, this company’s AM Best rating rose from a B+ (good) to an A- (excellent).1 As America’s largest property and casualty insurance provider, State Farm solidifies GAINSCO’s financial backing with its century-long insurance experience and nationwide market base.2

Monitoring your insurance provider’s financial strength rating is essential because it conveys the company’s ability to pay out your claims. If you suffer an injury or loss due to an accident, you want to be able to depend on your insurance company to repay those coverages.

Equipment Coverage

With GAINSCO, you can add coverage for the following equipment:

  • Safety equipment: This includes glass, plastic, and headlight materials.
  • Custom and additional equipment: This could include custom paint, custom wheels, phone equipment, stereo/sound equipment, video equipment, and navigation/GPS.

Custom and additional equipment coverage protects up to $2,500 of replacement and repair costs. However, you must present photos and receipts for the damages before coverage can apply.

Where Is GAINSCO Available?

GAINSCO offers insurance in 18 states:

  • Alabama
  • Arizona
  • Arkansas
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Mississippi
  • Missouri
  • New Mexico
  • Ohio
  • Oklahoma
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Wisconsin3

Cancellation Policy

To cancel your GAINSCO policy, call customer service at 1-866-424-6726. This line will put you in touch with an agent who will walk you through the cancellation process.


You should always have other auto insurance lined up before canceling your current auto policy. A lapse in coverage could put you in the high-risk category of drivers with lapses in insurance and leave you unprotected in an accident.

Company Background

  • 1978: The General Agents Insurance Company of America, Inc. was established in Dallas, Texas as a commercial auto insurer.
  • 1990: GAINSCO shifted its focus to nonstandard personal automobile insurance.
  • 2007: Montpelier Re Holdings Ltd bought the commercial insurance portions of GAINSCO.
  • 2020: State Farm acquired GAINSCO.

GAINSCO Contact Information

You can get your customer service inquiries about quotes, claims, and payments answered via the following channels:

  • Phone: (866) 424-6726, Monday to Friday, 8 a.m. to 6 p.m. CST
  • Online:, 24/7
  • Mobile app: Available to iOS users at and Android users at
  • Mail:
    • GAINSCO Auto Insurance
    • P.O. Box 199023
    • Dallas, Texas 75219-9023
  • Social media: On Facebook at and LinkedIn at


GAINSCO’s customer service line is available in English or Spanish. Dial GAINSCO’s phone line at 1-866-GAINSCO. The automated line will relay all options in both English and Spanish.


If you are searching for local insurance agents or just want reliable nonstandard coverage, GAINSCO has the network and policy options to keep you and your vehicle protected. Explore our full GAINSCO review for an in-depth look at its auto insurance.

Frequently Asked Questions

How do I make a payment on my GAINSCO policy?

You can make a payment on your GAINSCO policy via check, credit, or debit:

  1. Call (866) 424-6726.
  2. Or, visit your agent’s office.
  3. Or, go online here:
  4. If you’re using a credit or debit card, pay the $3.25 transaction fee.

Does GAINSCO offer home or life insurance?

No, GAINSCO does not offer home or life insurance.

Can I purchase rideshare insurance with GAINSCO?

No, you cannot purchase rideshare insurance with GAINSCO, as it does not offer rideshare insurance.

Is there a grace period for late payments on my GAINSCO policy?

No, there is no grace period for late payments on your GAINSCO policy. You will have to pay a late fee for every missed payment. Late fees differ by state.


  1. MGA Insurance Company, Inc. AM Best. (2022, Sep 9).

  2. State Farm® to Acquire GAINSCO. State Farm Newsroom. (2021, Jan 4).

  3. Home Page. Gainsco Auto Insurance. (2022).