It’s hard to avoid all the ads from car insurance companies like Progressive, The General, and State Farm that promise huge savings. So you should just choose one randomly, right?
Unfortunately, it’s just not that easy, as there are a ton of unknown aspects such as if you want full coverage, your date of birth, and whether or not you own a home. We will try to teach you about the things that cause high insurance rates and educate you enough to have a good start in finding the cheapest car insurance.
For teen drivers, one of the big things that determine car insurance rates is where you call home in Lubbock. Larger areas are more likely to pay higher prices, whereas areas with less congestion have the luxury of lower rates.
The table below ranks the most expensive cities in Texas for teenagers in which to purchase auto insurance. Lubbock is ranked at #11 with an annual premium of $1,733 for the average insured, which is approximately $144 per month.
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Rate quotes are comparative as the specific garaging location can impact auto insurance rates substantially.
The make and model of vehicle you are trying to insure is one of the biggest factors that determines if you can find economical insurance for teenagers. Vehicles with higher performance characteristics, poor safety ratings, or high incidents of liability claims will cost more to insure than safer, lower-performance models.
The table below estimates car insurance rates for the most budget-friendly automobiles to insure in Texas.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$4,058|
|Honda CR-V LX 4WD||$4,065|
|Ford Escape Limited 2WD||$4,101|
|Ford Explorer Eddie Bauer 2WD||$4,551|
|Jeep Wrangler Sahara 4WD 2-Dr||$4,560|
|Volkswagen Jetta SE 2.5 Station Wagon||$4,676|
|Ford Edge Limited 2WD||$4,773|
|Chevrolet Equinox LT AWD||$4,816|
|Chevrolet Impala LT||$4,821|
|Toyota Camry LE||$4,816|
|Toyota RAV4 Sport 2WD||$4,825|
|Dodge Grand Caravan SXT||$4,859|
|Chevrolet Malibu LT||$4,864|
|Honda Odyssey EX-L W/Navigation||$5,083|
|Nissan Altima 2.5 S 4-Dr Sedan||$5,089|
|Toyota Corolla XLE||$5,083|
|Toyota Tacoma X-Runner 2WD||$5,091|
|Hyundai Elantra GLS 4-Dr Sedan||$5,083|
|GMC Sierra SLT Extended Cab 4WD||$5,126|
|Ford Fusion Sport 4-Dr Sedan||$5,131|
|Chevrolet Silverado 2500HD LT Crew Cab 4WD||$5,126|
|Jeep Grand Cherokee Limited 2WD||$5,133|
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Above prices assume single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, and claim-free. Estimates do not factor in garaging location in Lubbock, TX which can affect prices noticeably.
Looking at the numbers, cars like the Honda Accord, Honda CR-V, Ford Escape, Toyota Prius, and Ford Explorer will be some of the most affordable vehicles to insure for teen drivers. The cost of a car insurance policy will be more expensive because of the fact that there is more risk for teenagers, but generally speaking those makes and models will most likely have the lowest insurance rates that you’ll find.
The information below illustrates how your deductible choice can increase or decrease insurance premiums when quoting cheap insurance for teenagers. The costs are based on a single female driver, full physical damage coverage, and no discounts are applied.
In the chart above, a 50-year-old driver could lower their policy premium by $422 a year by increasing from a $100 deductible up to a $500 deductible, or save $634 by changing to a $1,000 deductible. Youthful drivers, such as the Age 20 example, have the ability to save $1,074 or more by using a higher deductible. When insureds make the decision to increase the deductibles on their policy, it is a good idea to have plenty of money set aside to enable you to cover the extra out-of-pocket expense, which deters some people from using high deductibles.
Insuring your vehicle with a highly-rated auto insurance company can be difficult considering how many companies there are to choose from in Texas. The ranking data below may help you select which car insurance providers to look at purchasing a policy from.
These rankings are only comprised of insurance companies that insure vehicles in the majority of U.S. states, so companies without a large exposure will not be included in the list. If you’d like to compare prices from these top-rated insurers and more, simply click here.
Top 10 Major Car Insurance Companies in Lubbock Ranked by Customer Service
- Mercury Insurance
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Top 10 Major Car Insurance Companies in Lubbock Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
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Texas insurance rates are influenced by many factors that may substantially change the price you pay. Simply turning a year older, moving to a different location, or getting a DUI can trigger changes in premium that can make some companies cheaper than before. Additionally, insurers change the rates they charge in Texas multiple times each year to adjust for unexpected claims or profits. Larger than normal claims may cause rate hikes, while profitable underwriting can cause cheaper Lubbock car insurance rates.
To illustrate this point, the graph below analyzes the cheapest car insurance in Lubbock, TX for a 45-year-old male driver with a clear driving record, no claims, and excellent credit. If we estimate rates based on his current rating profile, Travelers might offer the cheapest car insurance rates in Lubbock at $1,189 a year. This is $715 less than the average premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are also included in the cheapest Lubbock, TX auto insurance companies.
Let’s now give the driver from the first example a claim or two, a little lower credit rating, and a stop sign violation. Because each company has a different formula for setting rates, comparing insurance quotes could now result in a completely different list of the cheapest car insurance companies in Lubbock as shown below.
State Farm now has the cheapest rate in Lubbock with Mercury, Safe Auto, Nationwide, and USAA now being in the top five. This demonstrates why it is so important to take the time to shop around to find the most economical insurance quotes for teenagers.
Insurance rates are calculated by many risk factors and change frequently, so the lowest-price company when you last compared rates may now be an over-priced policy.
How to find low-cost auto insurance for teenagers
Lowering your rates is not difficult, and here are some of the recommended penny-pinching solutions that can help drivers find more affordable auto insurance.
- Vehicles with safetly features generally cost less to insure
- Serious violations like DUI or careless driving can make car insurance unaffordable
- Accident-free drivers may qualify for discounts
- Try to not file small claims
- Improve your credit score
- Compare prices as often as possible
The last idea is extraordinarily important, as was emphasized in the prior article. Prices can be adjusted at any time, so you should be ready to buy from a different company if you can find a cheaper rate.
Many consumers stick with the same company and that’s fine, but it’s not a good idea if that stubbornness costs you a small fortune. It only takes a couple minutes to compare rates to find cheaper insurance for teenagers in Lubbock.
The Lubbock auto insurance agencies shown below can most likely aid you in deciding which car insurance company is the best fit, as some drivers have questions and prefer to have a little guidance when shopping for the best coverage for teen drivers. It’s not always simple to find the cheapest rate yourself, and a licensed agent can provide you comfort knowing your policy gives you sufficient coverage at claim time.
To locate a Lubbock insurance agent in your neighborhood, click the button at the bottom of the list.
- Maria Valeriano Insurance Agency
4210 50th St – Lubbock, TX 79413 – (806) 780-6622
- Farmers Insurance – Rc Calderon
1314 50th St – Lubbock, TX 79412 – (806) 741-1515
- Kevin Watson – State Farm Insurance Agent
13033 Quaker Ave SUITE B – Lubbock, TX 79423 – (806) 797-3329
- Allstate Insurance Agent: Russell Donaway
2321 50th St Ste C – Lubbock, TX 79412 – (806) 799-4600