The car, truck, or SUV you are trying to insure is one of the biggest factors when trying to find the most economical auto insurance for good drivers. Vehicles with high performance, a lack of modern safety features, or high incidents of liability claims will cost much more to insure than more modest models. The next list ranks auto insurance costs for some of the more affordable automobiles to buy coverage for.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Ford Escape XLS 2WD||$1,025|
|Honda Accord LX-P 4-Dr Sedan||$1,126|
|Honda CR-V EX-L 4WD||$1,151|
|Dodge Grand Caravan SE||$1,160|
|Honda Odyssey EX W/Rear Entertainment||$1,194|
|Toyota Tacoma Double Cab 4WD||$1,217|
|Toyota RAV4 Limited 2WD||$1,226|
|Chevrolet Silverado LS Regular Cab 4WD||$1,233|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$1,274|
|Hyundai Elantra SE 4-Dr Sedan||$1,283|
|Nissan Rogue S 2WD||$1,301|
|Chevrolet Malibu LS||$1,331|
|Ford Edge SE AWD||$1,338|
|Honda Civic SI 4-Dr Sedan||$1,347|
|Ford Focus SES 2-Dr Coupe||$1,368|
|Ford Fusion S 4-Dr Sedan||$1,370|
|Chevrolet Impala LT||$1,379|
|Chevrolet Equinox LT 2WD||$1,370|
|Volkswagen Jetta S 4-Dr Sedan||$1,376|
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Prices do not factor in garaging location in Lubbock, TX which can alter insurance rates noticeably.
Based upon these rates, we can presume that cars like the Ford Escape, Honda Accord, and Toyota Prius are a few of the cheapest vehicles to insure for safe drivers.
For safe drivers, one of the more important criteria that are looked at to help calculate the price you pay for insurance is where you choose to live in Lubbock. Areas with more people or higher crime rates tend to pay more, whereas less populated areas have the enjoyment of a little cheaper coverage.
The information below sorts the priciest cities in Texas for good drivers to buy auto insurance in. Lubbock is ranked #12 with the annual price of $1,733 on average, which is approximately $144 per month.
|Rank||City||Premium Per Year|
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Information shown are estimated as specific Lubbock garaging address can influence premium rates considerably.
The information below illustrates how choosing a deductible can influence insurance rates when trying to find cheap insurance for good drivers. The premiums are based on a married male driver, full physical damage coverage, and no discounts are factored in.
In the chart above, a 40-year-old driver could save $264 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $402 by selecting a $1,000 deductible. Younger drivers, such as the 20-year-old example, could lower their rates as much as $884 every year by using a higher deductible.
When raising deductibles, it will now be necessary to have additional funds squirreled away to satisfy the extra out-of-pocket expense. That is the one drawback of using higher deductibles.
Discounts on Lubbock car insurance
Auto insurance companies that offer coverage for good drivers may provide discounts that can reduce rates by 40% or more if you meet certain criteria. A list of companies and a summarized list of policyholder discounts are detailed below.
- GEICO may offer discounts for daytime running lights, five-year accident-free, military active duty, membership and employees, driver training, and anti-lock brakes.
- SAFECO offers premium reductions for homeowner, anti-theft, accident prevention training, safe driver, and anti-lock brakes.
- State Farm discounts include safe vehicle, multiple policy, Steer Clear safe driver discount, good student, passive restraint, and Drive Safe & Save.
- MetLife has discounts for good driver, multi-policy, claim-free, defensive driver, and accident-free.
- 21st Century policyholders can earn discounts including anti-lock brakes, early bird, automatic seat belts, theft prevention, and defensive driver.
- Progressive includes discounts for online quote discount, homeowner, online signing, continuous coverage, multi-policy, and good student.
The illustration below shows the comparison of yearly insurance costs with and without policy discounts. The premiums assume a male driver, no violations or claims, Texas state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows the price with no discounts. The lower bar shows the rates with homeowner, multiple vehicle, vehicle safety, anti-theft, defensive driving course, and multiple policy discounts applied. When these discounts are applied, theaverage yearly reduction on insurance for good drivers is 28% or $756.
Lubbock car insurance rates
Lubbock insurance rates are impacted by many things that will increase or decrease the price you have to pay. Simply having a birthday, getting married, or having an accident can produce rate changes that can cause some rates to be cheaper than competitors.
Not only may your risk profile change, but insurers file new rates every year in order to maintain liquidity for claims. Higher than normal claims can cause higher rates, while profitable underwriting may cause lower-priced Lubbock car insurance rates.
To illustrate this point, the data below analyzes the cheapest car insurance in Lubbock, TX for a 35-year-old female driver with a clean driving record, no accidents, and solid credit. When comparing rates based on her personal profile, Travelers may offer the lowest car insurance rates in Lubbock at $1,189 per year. This is $715 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty round out the rest of the best Lubbock, TX auto insurance companies.
The chart below compares rates after we give the driver from above a chargeable accident, less-than-perfect credit, and a speeding citation. Since each auto insurance company uses their own method to set policy rates, comparing rates may now present a different list of cheap Lubbock auto insurance companies as shown below.
State Farm now has the cheapest insurance rate in Lubbock, TX with USAA, Mercury, Safe Auto, and Nationwide completing the list. This example demonstrates why drivers need to shop around with many companies when trying to get the most affordable car insurance rates for good drivers.
Insurance rates are determined by many things and can change without notice, so the cheapest rate the last time you checked may now be one of the more expensive options.
If you like to get help from a professional when trying to find the best insurance rates for good drivers, the insurance agencies listed below are willing to help you decide which car insurance policy is best. To find a Lubbock insurance agency close to where you live, click the link at the bottom or click here to compare price quotes.
Sanford and Tatum Insurance Agency
5241 98th St - Lubbock, TX 79424 - (806) 792-5564
Bledsoe Insurance Agency
5143 69th St - Lubbock, TX 79424 - (806) 794-8686
Holmes/Bednarz Insurance Agency
5717 66th St #110 - Lubbock, TX 79424 - (806) 748-5453
Nelda Jett - State Farm Insurance Agent
3833 50th St #5 - Lubbock, TX 79413 - (806) 793-2857
Allstate Insurance Agent: Marvin Grimes
6102 82nd St Unit 3b - Lubbock, TX 79424 - (806) 797-2607