Whether you drive a car, truck, or SUV, finding cheaper car insurance in Lubbock, TX, seems to always be on your mind around policy renewal time. You might try to talk yourself into comparing rate quotes, but chances are good that you put it off until next the next renewal and promise yourself to do it then.
The problem with kicking the can down the sidewalk is that comparing rates is really easy and doesn’t take very long to do. You might spend a half hour doing it, and you could save several hundred dollars. That is time well spent!
Lubbock drivers pay on average about $200 a year more than the U.S. average, but there may be auto insurance available that not only is $200 cheaper, but you could save even more. The trick is finding those companies and we can help you do that. Let’s start by taking a look at one of the biggest factors that influences your auto insurance price: the make and model of your vehicle. The rate table below details insurance cost for the top-selling vehicles in Lubbock.
| Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
|---|---|---|---|
| Chevrolet Silverado LS Extended Cab 2WD | $1,286 | $643 | $107 |
| Dodge Grand Caravan SXT | $1,226 | $613 | $102 |
| Dodge Ram Crew Cab ST 2WD | $1,312 | $656 | $109 |
| Ford Edge Sport 2WD | $1,256 | $628 | $105 |
| Ford Escape XLT 2WD | $1,014 | $507 | $85 |
| Ford F-150 XLT Crew Cab 2WD | $1,144 | $572 | $95 |
| Ford Focus S 4-Dr Sedan | $1,172 | $586 | $98 |
| Honda Accord LX-S 2-Dr Coupe | $1,342 | $671 | $112 |
| Honda CR-V EX 4WD | $1,042 | $521 | $87 |
| Honda Civic VP 4-Dr Sedan | $1,228 | $614 | $102 |
| Hyundai Sonata SE 4-Dr Sedan | $1,342 | $671 | $112 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $1,116 | $558 | $93 |
| Nissan Altima 3.5 SR 2-Dr Coupe | $1,424 | $712 | $119 |
| Toyota Camry Hybrid | $1,368 | $684 | $114 |
| Toyota Corolla XRS | $1,282 | $641 | $107 |
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Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Prices do not factor in vehicle location which can influence coverage prices considerably.
Another large factor in determining your car insurance rates in Lubbock is the deductible you choose for physical damage coverage. You can reduce your rates substantially by raising your deductibles, and the chart below details how much you can save at different ages and deductible amounts.
How to find cheaper Lubbock car insurance rates
Saving money when insuring your vehicle is not rocket science, but there is a “best” way to accomplish the task. The four steps below outline how you can find cheaper coverage.
- Step 1: Get a basic knowledge of how auto insurance works and the modifications you can make to prevent expensive coverage. Many risk factors that result in higher rates such as getting speeding tickets and an imperfect credit score can be remedied by making minor driving habit or lifestyle changes. Later in this article we will cover more details to get cheaper coverage and find additional discounts.
- Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only provide price estimates from a single company like Progressive or Allstate, while agents who are independent can quote prices from many different companies. View a list of agents
- Step 3: Compare the new quotes to the price on your current policy and see if there is a cheaper rate in Lubbock. If you can save some money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Notify your company or agent of your intent to cancel your current car insurance policy and submit the signed application along with the required initial payment to the new company. Don’t forget to keep the new proof of insurance paperwork somewhere easily accessible.
A good tip to remember is to compare similar deductibles and liability limits on every quote and and to get rate quotes from as many companies as you can. This ensures an apples-to-apples comparison and and a good selection of different prices.
What car insurance is cheapest in Lubbock?
There are a lot of insurance companies that provide coverage in Texas. Since there are so many different factors that determine your rate, it’s not possible to come up with one single cheapest company without getting rate quotes from all companies. The company that is cheapest for you may not be the cheapest for your neighbor, your friends, or your parents. Each one has their own rating criteria, and each one has specific risk profiles that hits the “sweet spot” or the cheapest rates.
The table below lists many of the top carriers in Lubbock, and ranks them based on a variety of criteria.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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What determines car insurance rates?
Smart consumers have a good feel for the factors that play a part in calculating auto insurance rates. When you understand what determines base rates, this enables you to make decisions that may reward you with lower premium levels. Many things are taken into consideration when you get a price on insurance. Most are fairly basic such as your driving record, but others are more transparent like your vehicle usage or your financial responsibility. Making small adjustments in lifestyle or driving habits can go a long way in achieving the cheapest Lubbock TX car insurance.
Certain vocations raise rates – Do you work in a high-stress field? Careers like real estate brokers, executives, and accountants generally pay the highest average rates attributed to intense work situations and long work days. Conversely, occupations like farmers, historians and performers pay lower than average rates.
Save money with good credit – Having a good credit score is a large factor in calculating your auto insurance rates. So if your credit history leaves room for improvement, you could be paying less to insure your vehicle by repairing your credit. People that have very good credit scores tend to be better risks to insure than drivers with lower credit ratings.
Know your vehicle’s IIHS safety rating – Vehicles that have high safety ratings can get you lower premiums. Vehicles built for safety help reduce the chance of injuries in an accident and lower rates of occupant injuries means less money paid by your insurance company passed on to you as lower rates. If your car scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.
Costs also based on gender – Statistics have proven females are less aggressive when driving. It does not mean women are better drivers. Both sexes tend to get into at-fault accidents at about the same rate, but the men tend to have more serious accidents. Men also tend to have more aggressive citations like DWI (DUI) or reckless driving.
Single drivers may pay higher costs – Having a spouse may cut your premiums on auto insurance. It may mean you are more mature than a single person and insurance companies reward insureds because drivers who are married are more cautious.
Don’t cut corners with liability – The liability section of your policy kicks in in the event that you are ruled to be at fault for an accident. Your liability coverage provides you with a defense in court starting from day one. Liability insurance is quite affordable as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.
Be proud to be claim-free – Car insurance companies in Texas award the most affordable rates to drivers who file claims infrequently. If you are the type of insured that files lots of claims you can look forward to much higher rates or policy non-renewal. Auto insurance is intended for claims that you cannot pay yourself.
City traffic equals higher costs – Being located in less populated areas of the country has it’s advantages when buying auto insurance. City drivers regularly have more aggressive driving styles and a longer drive to work. Fewer drivers means a lower chance of having an accident and lower theft and vandalism rates.