GAINSCO Car Insurance Pricing

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.

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

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

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.

• 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.

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: www.gainsco.com, 24/7
• Mobile app: Available to iOS users at apps.apple.com/us/app/gainsco-quick-estimate/id1358474331 and Android users at play.google.com/store/apps/details?id=com.cccis.quickest.gainscoapp&hl=en_US&gl=US
• Mail:
  • GAINSCO Auto Insurance
  • P.O. Box 199023
  • Dallas, Texas 75219-9023
• Social media: On Facebook at www.facebook.com/GAINSCOInsurance/ and LinkedIn at www.linkedin.com/company/gainsco

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.