Updated: November 21, 2024
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Protective is the best life insurance company for men and women in Carrollton, Texas. The MoneyGeek score for women is 92, with an average monthly premium of $40. For men, the MoneyGeek score is 91, with an average monthly premium of $52. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.
Different factors should be considered when deciding what type of life insurance to buy. Your unique needs may mean a different company is best for you.
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Carrollton, Texas.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceCarrollton, TXBest Life Insurance Companies in Carrollton
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies:
This was done using the average profile with a 20-year term policy and $500K coverage.
In Carrollton, Protective is the best life insurance company, with a MoneyGeek score of 91 for men and 92 for women. The average monthly premiums are $52 and $40, respectively.
Top providers for men:
Top providers for women:
Protective stands out for its high MoneyGeek score and affordable premiums, making it a reliable choice for individuals seeking life insurance in Carrollton. The company offers a balanced combination of affordability, customer satisfaction and financial stability, ensuring security for policyholders.
For residents of Carrollton seeking dependable life insurance, Protective is the top provider for men and women. With a MoneyGeek score of 91 for men and 92 for women, Protective offers monthly premiums of approximately $52 and $40, respectively. The company's commitment to customer satisfaction and financial stability makes it a reliable option for life insurance.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
For men seeking the best term life insurance in Carrollton, Mutual of Omaha stands out with a MoneyGeek score of 91 and an average monthly premium of $25. Women will find Protective to be the top provider, with a MoneyGeek score of 92 at around $21 per month. These companies offer reliable coverage options at competitive rates, making them a smart choice for individuals prioritizing affordability and customer satisfaction.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance provides a death benefit if the policyholder passes away during the policy's term. For example, a parent might purchase a term policy to ensure their child's college education is funded in the event of their untimely death.
Mutual of Omaha is the premier choice for term life insurance for men in Carrollton, with a MoneyGeek score of 91. The company offers a blend of value and reliability at an average monthly premium of $25. Men seeking a solid insurance option will find that Mutual of Omaha meets their needs without straining their finances.
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With a MoneyGeek score of 92, Protective is the premier term life insurance provider for women in Carrollton. Women can secure a policy at an average monthly premium of $21.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies based on a 20-year term at $500K coverage.
In Carrollton, Protective provides the best whole life insurance for men and women, with a MoneyGeek score of 92 out of 100 for both. The average individual looking to purchase whole life insurance in Carrollton would benefit from Protective's high customer satisfaction and financial stability scores, ensuring a reliable and trustworthy insurance experience.
Top whole life companies for men in Carrollton:
Top whole life companies for women in Carrollton:
Whole life insurance is a permanent policy that provides coverage for the insured's entire life. Unlike term life insurance, which covers the insured for a specific period, whole life insurance includes an investment component that can build cash value over time. For example, someone might choose whole life insurance to ensure lifelong protection and potentially accumulate wealth that can be borrowed against.
For the best whole life insurance in Carrollton, Protective stands out with a MoneyGeek score of 92 for men and women. This high score reflects a strong balance of customer satisfaction, affordability and financial stability, making it a reliable choice for life insurance needs.
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Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies over a 10-year term for $250K coverage.
Protective provides the best universal life insurance in Carrollton, with a MoneyGeek score of 91 for men and women. The average person in Carrollton would benefit from Protective's strong performance across various metrics, including affordability and product diversity.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance is a flexible policy that combines life insurance with an investment savings element. It allows policyholders to adjust their premiums and death benefits, making it a versatile option for those who want more control over their insurance plan.
Protective is the top choice for universal life insurance in Carrollton, with a MoneyGeek score of 91 for men and women. The company demonstrates excellence across key metrics, ensuring policyholders receive quality service and value.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best life insurance companies that don't require a medical exam:
We did not weigh affordability as we did not collect any insurance quotes for this category. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams for a 10-year term with $250K coverage if the insuree was in poor health.
In Carrollton, Protective offers the best no-medical-exam life insurance for men and women, with a MoneyGeek score of 91 out of 100 for both. This score reflects the company's strong performance across various metrics, including affordability, customer satisfaction and financial stability, making it an excellent choice for individuals seeking reliable coverage without needing a medical exam.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
Life insurance without a required medical exam allows individuals to obtain coverage quickly and with less hassle than traditional policies. For example, someone with a health condition who could face higher premiums or disqualification might opt for life insurance without a mandatory medical exam to secure coverage more easily.
For those in Carrollton seeking life insurance with no mandatory medical exam, Protective is the top choice for men and women, with a MoneyGeek score of 91 for each. The company's high ratings reflect its commitment to customer satisfaction and financial stability, making it a reliable choice for life insurance needs.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors:
We derived quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer's age to 70.
For men seeking the best term life insurance for seniors in Carrollton, Mutual of Omaha leads with a MoneyGeek score of 91 and an average monthly premium of $102. Women find their top choice in Protective, with a MoneyGeek score of 92 and a monthly cost of around $92.
Age influences life insurance premiums as older individuals present a higher risk to insurers, often resulting in higher costs. Mutual of Omaha's and Protective's high MoneyGeek scores reflect their strong balance of affordability, customer satisfaction and financial stability, which are key factors for seniors prioritizing security and value.
| 1 | Mutual of Omaha | $102 | 91 |
| 2 | Nationwide | $84 | 91 |
| 3 | Protective | $110 | 90 |
| 4 | Prudential | $101 | 86 |
| 5 | Transamerica | $116 | 86 |
| 6 | Allstate | $137 | 86 |
| 7 | AAA | $160 | 85 |
| 8 | State Farm | $152 | 85 |
| 9 | Haven | $186 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for people who smoke:
We collected quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer to reflect an active smoker.
Mutual of Omaha offers the best term life insurance for male smokers in Carrollton, with a MoneyGeek score of 91 and an average monthly premium of $56. Female smokers find their top choice in Allstate, with a MoneyGeek score of 89 and an average monthly premium of $41.
Smoking is a key factor in determining life insurance premiums, as it increases health risks and potential claims costs for insurers. Both companies lead in their respective categories due to a strong balance of affordability, customer service and financial stability. These scores are crucial for individuals seeking the best term life insurance for smokers as they provide a comprehensive view of what to expect from their insurance provider.
| 1 | Mutual of Omaha | $56 | 91 |
| 2 | Nationwide | $52 | 90 |
| 3 | Allstate | $50 | 88 |
| 4 | Transamerica | $51 | 88 |
| 5 | Protective | $79 | 88 |
| 6 | Prudential | $47 | 88 |
| 7 | State Farm | $74 | 85 |
| 8 | AAA | $91 | 85 |
| 9 | Haven | $91 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for young adults:
We collected quotes using a $250K life insurance policy with a 10-year term for a 20-year-old buyer.
For the best term life insurance for young adults in Carrollton, Protective stands out with a MoneyGeek score of 92 for men and women. The average monthly premium is $13 for women and $16 for men. Protective's high MoneyGeek score reflects its balance of affordability, customer satisfaction and financial stability.
Age plays a crucial role in determining life insurance premiums. Younger adults often pay lower premiums due to their lower risk of health issues.
| 1 | Protective | $16 | 92 |
| 2 | Mutual of Omaha | $16 | 91 |
| 3 | Nationwide | $15 | 91 |
| 4 | Transamerica | $17 | 87 |
| 5 | AAA | $24 | 85 |
| 6 | Prudential | $20 | 85 |
| 7 | State Farm | $26 | 85 |
| 8 | Allstate | $25 | 85 |
| 9 | Haven | $20 | 84 |
| 10 | Bestow | $27 | 83 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies:
We adjusted the weighting to favor affordability for a $250K life insurance policy with a 10-year term.
Nationwide offers the best cheap term life insurance for men in Carrollton, with a MoneyGeek score of 93 and an average monthly premium of $23. For women, Protective stands out with a MoneyGeek score of 92 and a monthly premium of about $21. Nationwide and Protective have high MoneyGeek scores due to their affordability, customer satisfaction and financial stability.
Various factors influence life insurance premiums, including age, health, coverage amount and term length. To get the lowest premiums, maintain good health, choose a shorter term length and compare quotes from multiple providers.
| 1 | Nationwide | $23 | 93 |
| 2 | Mutual of Omaha | $25 | 91 |
| 3 | Protective | $26 | 91 |
| 4 | Transamerica | $28 | 88 |
| 5 | Prudential | $30 | 86 |
| 6 | AAA | $39 | 84 |
| 7 | Allstate | $39 | 84 |
| 8 | State Farm | $40 | 82 |
| 9 | Haven | $35 | 82 |
The average monthly premium for term life insurance in Carrollton is $40 for women and $46 for men.
Several factors affect the cost of life insurance premiums, including age, health, lifestyle, occupation and policy terms. For example, younger and healthier individuals often pay lower premiums, while those with risky occupations or health issues may face higher costs.
The cost of life insurance in Carrollton may be higher or lower than in the rest of Texas for various reasons. Local health statistics, economic conditions and specific risk factors in Carrollton can influence premium rates. Understanding these factors can help you make informed decisions about your life insurance needs.
Protective offers the best life insurance for men in Carrollton, with a MoneyGeek score of 91 out of 100. The company is highly rated for customer satisfaction and financial stability.
The average monthly premium for the best life insurance for men in Carrollton is $52. This cost is based on the highest MoneyGeek score and reflects the affordability and coverage provided by Protective.
Protective offers the best life insurance for women in Carrollton, with a MoneyGeek score of 92 out of 100. The company excels in customer satisfaction and financial stability, making it a reliable choice.
The average monthly premium for the best life insurance for women in Carrollton is $40. This cost is derived from the highest MoneyGeek score and ensures affordable and comprehensive coverage by Protective.
Life insurance in Carrollton may differ from the rest of Texas in terms of premium costs and coverage options. For example, Protective offers competitive rates and high customer satisfaction in Carrollton. Comparing these factors with other cities can reveal unique advantages or disadvantages specific to the city.
If a life insurance company goes bankrupt in Carrollton, your policy is generally protected by state guaranty associations. These associations ensure that policyholders receive coverage up to certain limits. It's important to check the specific limits and protections offered in Texas.
Carrollton residents might need life insurance to provide financial security for their families, cover debts or ensure funding for future expenses like college tuition. Life insurance can also help with estate planning and provide peace of mind from knowing that loved ones are financially protected.
To find a lost life insurance policy in Carrollton, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the insurance company directly or use online search tools provided by the Texas Department of Insurance. These steps can help locate the policy and ensure beneficiaries receive the benefits.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
