For postal employees, one of the big considerations that are looked at to determine the price you pay for insurance is where you call home in Lubbock. Areas with high crime rates or more dense population tend to have higher rates, whereas more rural areas benefit from lower prices.
The following table sorts the highest-priced places in Texas for postal workers to buy auto insurance in. Lubbock shows up at #14 with an annual rate of $1,682 for car insurance, which is about $140 per month.
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Rates are comparative as specific Lubbock garaging address can affect insurance rates substantially.
The vehicle model that needs insurance is one of the primary factors when consumers are trying to find low-cost car insurance for postal workers. Vehicles with lots of speed or power, poor crash test ratings, or a history of substantial liability claims will cost much more to insure than safer models.
The next table outlines auto insurance costs for a number of the most budget-friendly vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$992|
|Honda CR-V EX-L 4WD||$1,014|
|Ford F-150 XL Regular Cab 2WD||$1,026|
|Honda Accord LX 4-Dr Sedan||$1,120|
|Nissan Altima 2.5 4-Dr Sedan||$1,174|
|Toyota RAV4 Sport 2WD||$1,184|
|Toyota Tacoma Double Cab TRD Sport Package 4WD||$1,196|
|Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$1,210|
|Ford Explorer XLT 2WD||$1,214|
|Jeep Grand Cherokee Limited 4WD||$1,259|
|Chevrolet Silverado 2500HD LT Crew Cab 4WD||$1,266|
|Honda Odyssey Touring||$1,259|
|Dodge Ram Quad Cab SLT 4WD||$1,279|
|Dodge Grand Caravan Hero||$1,286|
|Chevrolet Equinox LT 2WD||$1,296|
|Chevrolet Impala LS||$1,297|
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Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Premium costs do not factor in specific location information which can influence premiums considerably.
Based on these rates, vehicles like the Ford Escape, Honda CR-V, Ford F-150, and Toyota Prius are most likely going to be the more affordable vehicles to insure for postal employees.
Establishing which insurers offer the most affordable auto insurance rates for postal workers involves a little more sweat than just getting one or two price quotes.
Each auto insurance company uses their own formula for setting rates, so let’s take a look at the most affordable auto insurance companies in Lubbock. It’s important that you understand Texas auto insurance rates are impacted by many things which can significantly increase or decrease the cost of having a policy. Improving your credit score, moving across town, or having an at-fault accident may generate price changes that can cause some rates to be cheaper in comparison to the competition.
Best Auto Insurance Prices for USPS Employees
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,211|
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Travelers quotes some of the best car insurance rates in Lubbock at around $1,052 annually. This is $852 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the cut as some of the cheapest Lubbock, TX insurance companies.
As illustrated above, if you are a customer of Texas Farm Bureau and switched to Travelers, you may see an annual premium reduction of around $159. Policyholders with Germania Mutual could save as much as $230 a year, and Esurance policyholders might lower prices by $355 a year.
These premium estimates are averaged across all types of drivers and the different vehicles they drive and do not take into consideration an exact location for postal workers. So the company that can offer you the best price may not even be in the top 23 companies shown above. That emphasizes why you need to get car insurance quotes using your own personal information and vehicle type.
Full coverage rates compared to liability-only
Finding the cheapest auto insurance should be important to most drivers, and one of the fastest ways to lower the cost of insurance for postal workers is to buy only liability coverage. The diagram below visualizes the comparison of insurance prices with and without physical damage coverage. The premium estimates are based on no claims or violations, $100 deductibles, marital status is single, and no discounts are applied.
Averaged out for all age groups, physical damage coverage on your policy costs an extra $2,922 per year more than just buying liability only. That amount may make you wonder if buying full coverage is a good investment. There is no exact rule to eliminate comp and collision coverage, but there is a general guideline. If the yearly cost of full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.
There are a few cases where only buying liability is not a good idea. If you still have a lienholder on your title, you must maintain physical damage coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not opt for liability only.
Get discounts on Lubbock insurance rates
Insurers that provide coverage for postal workers may additionally offer special discounts that can reduce rates by 30% or more if you meet specific criteria. Popular auto insurance companies and some of the discounts are outlined below.
- State Farm offers discounts for passive restraint, driver’s education, student away at school, anti-theft, and safe vehicle.
- American Family may include discounts for TimeAway discount, bundled insurance, Steer into Savings, accident-free, defensive driver, and air bags.
- GEICO discounts include emergency military deployment, multi-vehicle, seat belt use, defensive driver, five-year accident-free, and membership and employees.
- 21st Century may offer discounts for air bags, automatic seat belts, student driver, anti-lock brakes, and homeowners.
- Progressive may have discounts that include homeowner, multi-policy, continuous coverage, online quote discount, multi-vehicle, and online signing.
The example below shows the difference between insurance premiums with and without discounts applied. The price estimates are based on a female driver, no claims, a clean driving record, Texas state minimum liability limits, comp and collision included, and $1,000 deductibles.
The first bar for each age group shows premium with no discounts. The second bar shows the rates with vehicle safety, marriage, multiple policy, safe-driver, passive restraint, and claim-free discounts applied. When drivers take advantage of discounts, the average amount saved each year on auto insurance for postal workers is 28% or $425.
Why you should shop around
Lubbock, TX auto insurance rates are calculated based on many things that control the policy premium. Simply improving your credit, filing a claim, or having a fender bender can produce rate changes resulting in some rates now being affordable when they were higher priced. Also, insurance companies modify pricing every year as an adjustment for underwriting gains or losses. Higher than normal claim frequency or severity can cause rate increases, while a lower level of claims may produce lower-priced Lubbock car insurance rates.
To illustrate this example, the chart below analyzes the cheapest car insurance in Lubbock, TX for a 30-year-old female driver with no prior claims, no tickets, and good financial standing. When comparing rates based on her personal profile, Travelers may offer the best car insurance rates in Lubbock at $1,145 annually. This is $759 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance round out the rest of the best Lubbock, TX auto insurance companies.
In this next rate comparison, we will give the driver from the above example a chargeable accident, a lower credit rating, and a few blemishes on her driving record. Since every car insurance company has their own process for determining rates, comparing prices may now result in a new list of the cheapest companies as shown below.
Mercury now has the lowest price in Lubbock, TX with State Farm, USAA, Safe Auto, and Nationwide also being competitive. This example shows why drivers need to spend some time comparing rates when trying to get the most affordable car insurance rates for postal workers.
Rates are calculated by many things and can increase or decrease at any time, so the cheapest rate when you bought your policy may now not even be in the top five.
If you have questions and prefer to get help from a professional when shopping around for cheaper insurance for postal workers, the agents shown below can most likely aid you in deciding which car insurance company is the best fit.
To find a Lubbock insurance agency nearest to you, click the button below the list.
Sanford and Tatum Insurance Agency
5241 98th St – Lubbock, TX 79424 – (806) 792-5564
Dick Phillips – State Farm® Insurance Agent
5740 82nd St – Lubbock, TX 79424 – (806) 799-4651
Ana Borrego – State Farm Insurance Agent
8001 Quaker Ave STE G – Lubbock, TX 79424 – (806) 745-2555
Zuniga Insurance Agency
1407 19th St – Lubbock, TX 79401 – (806) 702-4918
Area Insurance Associates
4202 Avenue Q – Lubbock, TX 79412 – (806) 747-2400
How to find low-cost car insurance for postal workers
Here are some of the recommended thrifty suggestions that can help Texas drivers find low-cost car insurance.
- Drivers with good credit ratings often pay less
- Serious violations like DUI or reckless driving can increase rates dramatically
- Get cheaper liability coverage by choosing a safer vehicle
- Earn discounts for being claim-free
- Prevent price hikes by avoiding at-fault accidents
- Compare price quotes at least once a year
That final tip is especially valuable, as we discussed in this article. Auto insurance prices in Lubbock fluctuate constantly, so you should be ready to buy from a different company if you can find a cheaper rate. Being loyal to a particular company is commendable, but we do not recommend it if your bullheadedness ends up costing you lots of hard earned cash every month. It takes less than five minutes to compare rates and find cheaper car insurance for postal workers.