MGA Auto Insurance Review for 2026 (See Their Rates & Coverage Options)

The MGA auto insurance review emphasizes the GAINSCO’s proficiency in providing non-standard insurance options specifically designed for high-risk drivers.

Supported by GAINSCO Auto Insurance, MGA is focused on offering flexible payment options and easy policy management. This makes it a good choice for drivers who have had past accidents or periods without insurance coverage.

MGA Auto Insurance Rating

The review looks at its best program features, such as options for low initial payments and adaptability to different state’s coverage.

MGA uses GAINSCO’s resources with a focus on being affordable and accessible, in order to provide effective solutions for the specific needs of drivers.

Find affordable MGA Insurance by GAINSCO options now. Enter your ZIP code for instant quote comparisons.

Comparing MGA Insurance Company Rates to Competitors by Coverage Level

MGA Insurance Company, Inc. is a subsidiary of GAINSCO, Inc., operating under the brand name GAINSCO Auto Insurance. It offers non-standard auto insurance, especially for high-risk drivers. Its office is in Dallas, Texas.

MGA aims to provide cost-effective coverage choices, such as adaptable payment schemes and lower initial payments, to people with previous accidents, traffic offenses, or no continuous insurance history. MGA Insurance, which operates in many states, such as Texas and Florida, focuses on making policy management easy and efficient using a simplified method.

This table shows the monthly fees for minimum and full coverage given by MGA compared to leading rivals. It gives a deep analysis of costs, unveiling how each firm situates itself within the marketplace.

MGA Auto Insurance Monthly Rates vs. Top Competitors by Coverage Level

MGA’s pricing starts at $115 for the lowest coverage and goes up to $225 for full coverage. These costs are higher compared with budget-focused options like USAA, which offers rates as low as $32 for the minimum and $84 for complete coverage.

Geico and State Farm also offer competitive price structures. Geico’s complete coverage is $114, while the minimum from State Farm costs only $47. At a more expensive level, Liberty Mutual increases its rates to up to $96 for basic coverage and even reaches $248 for a complete insurance package. This shows that MGA’s pricing falls comfortably in the moderate range within this variety of options.

MGA Auto Insurance Monthly Rates by Provider & Driving Record

MGA’s rates are $225 for drivers with clean records, rising to $250 for one ticket, $275 for one accident, and $315 for a DUI. While competitive, MGA is outpaced by providers like USAA, which maintains the lowest rates across all categories, with $84 for clean records and $154 for a DUI.

On the higher end, Liberty Mutual’s rates climb dramatically, reaching $447 for a DUI. Meanwhile, State Farm and Geico stand out with steady increases and more affordable options for drivers with minor violations.

MGA Insurance Rates Across Age and Gender Groups

This table shows the effect of age and gender on monthly car insurance costs for basic and complete coverage with MGA. The rates change significantly between different groups of people, providing important information for drivers to assess expenses.

MGA Auto Insurance Monthly Rates by Coverage Level, Age, & Gender

The chart shows that younger drivers must pay the most, especially males. For instance, a 16-year-old male needs $255 for minimum insurance and $390 for total protection. As you grow older as a driver, your costs decrease as risk reduces. A woman of 45 years pays only $110 for minimum coverage, and twice this amount, or $220, is needed when she opts for full coverage.

Interestingly enough, even senior citizens get competitive rates; let’s take an example of a 65-year-old female who has to spend just around $100 on the basic cover while her expense becomes approximately double at about $205 if they want complete risk mitigation, which indicates driving experience comes with affordable premiums.

Insights Into MGA Insurance Ratings and Consumer Feedback

This table emphasizes MGA Insurance’s main business ratings and customer reviews, giving a quick look at its performance in terms of client satisfaction, issues, and financial robustness. These ratings provide important information about how MGA compares in the insurance sector.

MGA Insurance Business Ratings and Consumer Reviews

MGA got a score of 790/1,000 from J.D. Power, showing that customer satisfaction is around average. The Better Business Bureau assigned it a “B++” grade, which stresses fair trade business operations, while Consumer Reports gave it 68 out of 100 points, and this suggests diverse opinions coming from those who hold policies with them.

MGA has a complaint score of 1.20, as per NAIC, which indicates it faces more complaints than the average in its industry. This suggests they can improve. However, their B++ rating from A.M. Best shows that MGA is financially stable and likely to fulfill its obligations over time. Find out which are the cheapest auto insurance companies in your area.

A Reddit post emphasizes that MGA runs as a “non-standard” insurer, focusing on supplying insurance to drivers who may find it challenging to obtain policies from regular companies.

This makes MGA a possible choice for people who bigger, famous insurance companies have rejected. Insurance providers such as MGA focus on high-risk drivers, providing customized policies to satisfy their unique requirements.

Coverage Options Offered by MGA Insurance

MGA Auto Insurance gives special choices for drivers who are considered high-risk, making sure that the insurance suits particular needs and situations. The following list shows primary coverages offered by MGA.

• Liability Coverage: This coverage guarantees compliance with the least state demands and offers a safeguard from financial burdens resulting from mishaps.
• Collision Coverage: This choice is very important for drivers who need monetary safeguards for the expenses of repair or replacement after a collision where they’re at fault.
• Comprehensive Coverage: All-around insurance shields against events not related to accidents, such as theft, property damage, or natural calamities. When you are with MGA, this coverage ensures that drivers are protected from unforeseen happenings that they cannot prevent.
• Uninsured/Underinsured Motorist Coverage: MGA protects you when the faulty driver has no insurance or does not have enough. This ensures that policy owners can recover damages even if the person responsible cannot pay.
• Medical Payments (MedPay): This optional insurance cover helps settle medical bills for you and your passengers after an accident, no matter who is at fault. MedPay guarantees that personal costs for hospital trips, surgery, or rehabilitation are kept to a minimum.

MGA has a variety of insurance services that make it a trustworthy selection for drivers who need flexibility and affordability.

Read more: Types of Auto Insurance

Exploring MGA Insurance Discounts and Savings Potential

This table shows different discounts from MGA Auto Insurance, focusing on how much money you can save. Every discount is intended to reward certain driving habits, insurance selections, or active attempts to lower risks and expenses.

MGA Auto Insurance Discounts by Savings Potential

MGA presents the largest reduction, 20%, for combining policies. This makes it a wise selection for those wanting to merge car insurance with other types of coverage. Find the best auto insurance discounts for good drivers tailored to your needs.

There are 15% discounts available in areas such as performing well at school, being part of the military, and keeping a vehicle that doesn’t cover much mileage. It shows how dedicated this company is to encouraging sensible and cost-effective driving behaviors by offering these rewards.

Why GAINSCO’s Backing Matters

MGA Insurance Company, Inc., with the support of GAINSCO Auto Insurance, offers dependable options for drivers who are at high risk at affordable costs. It also has flexible plans for paying and customized coverage choices.

Discover more by reading our guide: What is needed for adequate auto insurance coverage?

Because it concentrates heavily on non-standard policies, MGA is a suitable option for drivers in need of reliable insurance, even those with previous driving difficulties. The company benefits from using GAINSCO’s resources, which boosts its capability to deliver personalized plans while guaranteeing financial stability and unique program propositions.

Discover MGA Insurance by GAINSCO savings here. Enter your ZIP code for fast, free quote comparisons.