Updated: November 21, 2024
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Protective is the best life insurance company in Round Rock, Texas, with MoneyGeek scores of 91 for men and 92 for women and average monthly premiums of $54 and $34, respectively. These figures are based on a 20-year term policy with $500,000 coverage.
When deciding on life insurance, consider the coverage amount, term length and premium. 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 Round Rock, Texas.
We updated life insurance providers' coverage costs and company information in October 2024.
BestLife InsuranceRound Rock, TXBest Life Insurance Companies in Round Rock
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.
Protective offers the best life insurance in Round Rock, with MoneyGeek scores of 91 for men and 92 for women. The average monthly premiums are $54 for males and $34 for females.
Top providers for men:
Top providers for women:
Protective stands out due to its high MoneyGeek scores and competitive monthly premiums.
Protective is Round Rock's top life insurance provider, with MoneyGeek scores of 91 for men and 92 for women and monthly premiums of $54 and $34, respectively.
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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.
Mutual of Omaha is the best term life insurance provider for men in Round Rock with a MoneyGeek score of 91 and an average monthly premium of $26. For women, Protective leads with a score of 92 at $19 monthly. These scores reflect a combination of affordability, customer satisfaction and financial stability.
Top term life insurance companies for men:
Top term life insurance companies for women:
Term life insurance offers coverage at a fixed rate for a set period, often chosen for its simplicity and lower cost than whole life insurance. A parent might buy a 20-year term policy to ensure their child's education and living expenses are covered in case of their untimely death.
Mutual of Omaha is the top term life insurance provider for men in Round Rock, with a MoneyGeek score of 91 and a monthly premium of $26.
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Protective is the top choice for women seeking term life insurance in Round Rock, earning a MoneyGeek score of 92. With a monthly premium of around $19, the company combines affordability with high customer satisfaction.
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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.
Protective is Round Rock's best whole life insurance provider, with a MoneyGeek score of 92 for men and women. This score reflects a balance of affordability, customer satisfaction and financial stability.
Whole life insurance is a permanent policy that provides a death benefit and accumulates cash value over time. It suits those looking for a stable, long-term investment component in addition to life coverage. For example, a parent might choose it to ensure financial support for their children while building a cash reserve for future needs.
Protective is Round Rock's leading whole life insurance company, with a MoneyGeek score of 92 for men and women. It demonstrates a strong balance of customer satisfaction and affordability.
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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 has Round Rock's best universal life insurance, with a MoneyGeek score of 91 for men and women. This score reflects a balance of affordability, customer satisfaction and financial stability.
Universal life insurance offers flexibility in premiums and benefits, appealing to those seeking a customizable insurance plan. For instance, someone interested in long-term financial planning may choose it for its potential cash value growth and adjustable coverage options.
Protective is Round Rock's leading universal life insurance provider, with a MoneyGeek score of 91 for men and women. This score reflects a balance of affordability, customer satisfaction and financial stability.
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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 Round Rock, Protective offers the best life insurance without a medical exam requirement. Its MoneyGeek score of 91 for men and women indicates a balance of affordability, customer satisfaction and financial stability.
Life insurance with no mandatory medical exam provides coverage without a health checkup. This benefits those who require quick coverage or have health issues that could complicate a traditional insurance application. Someone with a chronic illness might choose it to avoid the risk of higher premiums or denial of coverage.
Protective is the top choice for life insurance without the hassle of a medical examination in Round Rock. Its MoneyGeek score of 91 for men and women reflects a balance of affordability, customer satisfaction and financial stability.
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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 older men seeking the best term life insurance for seniors in Round Rock, Mutual of Omaha stands out with a MoneyGeek score of 91 and an average monthly premium of $107. Protective is the top choice for women, scoring 92 and charging $80 monthly.
Premiums rise as people reach their senior years because of increased health risks. Mutual of Omaha and Protective's high MoneyGeek scores reflect their strong customer satisfaction, financial stability and product diversity.
| 1 | Mutual of Omaha | $107 | 91 |
| 2 | Nationwide | $88 | 91 |
| 3 | Protective | $115 | 90 |
| 4 | Prudential | $106 | 86 |
| 5 | Transamerica | $121 | 86 |
| 6 | Allstate | $143 | 86 |
| 7 | AAA | $168 | 85 |
| 8 | State Farm | $159 | 85 |
| 9 | Haven | $195 | 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.
For men seeking the best term life insurance for smokers in Round Rock, Mutual of Omaha stands out with a MoneyGeek score of 91 and an average monthly premium of $59. Women will find Allstate as the top option, scoring 89 with a monthly premium of $35.
Smoking raises life insurance costs due to added health risks, which insurers factor into premiums. Mutual of Omaha and Allstate's high MoneyGeek score indicates a balance of affordability, customer satisfaction and financial stability.
| 1 | Mutual of Omaha | $59 | 91 |
| 2 | Nationwide | $54 | 90 |
| 3 | Allstate | $53 | 88 |
| 4 | Transamerica | $53 | 88 |
| 5 | Protective | $82 | 88 |
| 6 | Prudential | $50 | 88 |
| 7 | State Farm | $77 | 85 |
| 8 | AAA | $95 | 85 |
| 9 | Haven | $95 | 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.
Protective offers the best term life insurance for young adults in Round Rock, with a MoneyGeek score of 92 and average monthly premiums of $16 for men and $11 for women.
Age significantly influences life insurance premiums, with younger adults typically benefiting from lower costs. Protective's high affordability, customer satisfaction and financial stability scores contribute to its top ranking.
| 1 | Protective | $16 | 92 |
| 2 | Mutual of Omaha | $16 | 91 |
| 3 | Nationwide | $16 | 91 |
| 4 | Transamerica | $18 | 87 |
| 5 | AAA | $26 | 85 |
| 6 | Prudential | $21 | 85 |
| 7 | State Farm | $27 | 85 |
| 8 | Allstate | $27 | 85 |
| 9 | Haven | $21 | 84 |
| 10 | Bestow | $29 | 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.
For the best cheap term life insurance in Round Rock, Nationwide leads for men with a MoneyGeek score of 93 and an average monthly premium of $24. Protective is the top option for women, with a MoneyGeek score of 92 at $19 monthly.
Factors affecting premiums include age, health, coverage amount and term length. To get the lowest rates, maintain excellent health, choose a shorter term length and opt for a lower coverage amount.
| 1 | Nationwide | $24 | 93 |
| 2 | Mutual of Omaha | $26 | 91 |
| 3 | Protective | $27 | 91 |
| 4 | Transamerica | $29 | 88 |
| 5 | Prudential | $32 | 86 |
| 6 | AAA | $41 | 84 |
| 7 | Allstate | $41 | 84 |
| 8 | State Farm | $42 | 82 |
| 9 | Haven | $37 | 82 |
The average monthly costs of term life insurance in Round Rock are $48 for men and $35 for women. Many factors affect premiums, including age, health, lifestyle choices, term length and coverage amount.
Life insurance costs in Round Rock may differ from those in the rest of Texas due to local health statistics, economic conditions and lifestyles. Higher life expectancy or lower health risks could lead to lower premiums, while higher living costs or riskier lifestyles might raise them.
Considering these factors helps consumers find life insurance that fits their personal and financial needs.
Protective offers the best life insurance for men in Round Rock, with a MoneyGeek score of 91 out of 100.
The average monthly premium for the best life insurance for men in Round Rock, offered by Protective, is $54.
Protective provides the best life insurance for women in Round Rock, with a MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for women in Round Rock, offered by Protective, is $34.
Life insurance in Round Rock may differ from the rest of Texas due to local demographic and economic factors. Premiums and coverage options can vary based on residents' needs and health profiles. Local insurers may also provide tailored products to meet the community's unique needs.
If a life insurance company in Round Rock goes bankrupt, state guaranty associations ensure that policyholders receive coverage up to certain limits, providing a safety net.
Round Rock residents might need life insurance to cover outstanding debts or ensure funds for future expenses like education. It can also help with estate planning and provide peace of mind, knowing that loved ones are protected after an untimely death.
To find a lost life insurance policy in Round Rock, check personal records and contact the deceased's financial advisors. You can also contact the Texas Department of Insurance and use online tools like the National Association of Insurance Commissioners' Life Insurance Policy Locator.
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.
