A recent NerdWallet.com study revealed that the vast majority of consumers renewed their policy with the same company for over three years, and 38% of customers have never even shopped around for affordable coverage. Drivers in the United States could save an average of nearly $860 each year by just shopping around, but they don't know the amount of money they would save if they moved their coverage to a different company.
The recommended way to get discount car insurance rates is to compare prices once a year from providers who sell insurance in Lubbock. This can be done by following these guidelines.
- Read and learn about how insurance works and the things you can change to prevent rate increases. Many factors that are responsible for high rates such as accidents, careless driving, and a poor credit rating can be amended by making minor changes in your lifestyle.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from a single company like Progressive or State Farm, while independent agencies can give you price quotes for a wide range of insurance providers.
- Compare the new rate quotes to your existing rates to see if cheaper X-Type coverage is available in Lubbock. If you find a lower rate, ensure there is no coverage lapse between policies.
- Notify your company or agent to cancel the current policy. Submit a completed application and payment for your new policy. Make sure you put the proof of insurance paperwork somewhere easily accessible.
The key aspect of shopping around is to compare the same liability limits and deductibles on each quote and and to get price quotes from as many companies as you can. Doing this enables a level playing field and many rates to choose from.
Finding quotes for the best-priced insurance policy in Lubbock is not as confusing as people think. In a nutshell, each driver who carries insurance will more than likely find a better price. Nevertheless, Texas car owners need to learn how big insurance companies price insurance differently and use it to your advantage.
The are a couple different ways to obtain and compare prices from lots of Texas car insurance companies. The fastest way to find the lowest Jaguar X-Type rates is simply to get online rate quotes.
Comparing price quotes online is fast and free, and it takes the place of having to call or drive to local Lubbock insurance agencies. The ability to quote Jaguar X-Type insurance online has made agencies unnecessary unless you have a complicated situation and need the personal advice that only a licensed agent can provide. You can, however, compare the best prices online but buy the policy through an agent.
When comparison shopping, getting more free quotes will increase your chances of finding a better price. Not every company provides Lubbock X-Type insurance quotes over the internet, so it's necessary to compare rates from the smaller companies as well.
The car insurance companies shown below offer comparison quotes in Lubbock, TX. To buy cheap auto insurance in Texas, it's highly recommended you visit two to three different companies to get the best price comparison.
Smart Consumers Can Save Money
Many things are taken into consideration when you get a price on insurance. Some are obvious such as your driving record, but other factors are more transparent like where you live or your commute time. The best way to find cheaper car insurance is to take a look at some of the factors that help determine the price you pay for car insurance. If you know what determines base rates, this empowers consumers to make smart changes that can help you get big savings.
Guys tend to take more risk - Statistics demonstrate women are more cautious behind the wheel. The data does not necessarily mean that women are better drivers. Both sexes tend to get into at-fault accidents in similar numbers, but the males tend to have more serious accidents. Men also get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly. Male drivers age 16 to 19 generally have the highest accident percentage so it costs more to insure them.
Big city or small town - Being located in areas with lower population has definite advantages when shopping for auto insurance. Lower population corresponds to lower accident rates in addition to fewer liability claims. Drivers who live in large Texas cities have more traffic problems and higher rates of accident claims. Longer commute distances statistically corresponds to a higher accident and claim rate.
Eliminate unneeded extra policy coverages - Policies have extra coverages that can waste your money but may not be useful. Add-on coverages like rental car coverage, towing, and membership fees may be costing you every month. These coverages may sound good when talking to your agent, but if you have no use for them remove them from your policy.
Where do you drive? - The more you drive your Jaguar annually the higher the price you pay to insure it. A lot of companies price each vehicle's coverage determined by how the vehicle is used. Autos that have low annual miles can get a lower rate compared to those used for work or business. It's always a good idea to double check that your declarations sheet reflects the correct usage. Having an incorrect usage rating on your X-Type may be costing you.
Teen drivers pay high rates - Inexperience drivers are proven to be careless and easily distracted with other occupants in the car so they pay higher car insurance rates. Adding a young driver to your policy can increase premiums substantially. More experienced drivers are more cautious drivers, tend to file fewer claims, and are generally more financially stable.
Buying the right vehicle insurance in Texas is an important decision
Despite the potentially high cost of Jaguar X-Type insurance, maintaining insurance is mandatory in Texas but it also protects more than you think.
First, most states have minimum liability requirements which means you are required to carry a specific level of liability coverage in order to get the vehicle licensed. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your car has a loan, almost all lenders will require you to have insurance to guarantee payment of the loan. If you let the policy lapse, the bank may buy a policy for your Jaguar for a much higher rate and force you to reimburse them for it.
Third, car insurance preserves not only your Jaguar but also your financial assets. It will also provide coverage for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, will also pay attorney fees if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.
The benefits of having insurance outweigh the cost, especially if you ever need it. But the average American driver is currently overpaying as much as $700 annually so shop around at every renewal to make sure the price is not too high.
Texas auto insurance companies ranked
Picking a highly-rated company is hard considering how many choices you have in Lubbock. The ranking information in the next section can help you pick which car insurance companies to look at when shopping your coverage around.
Top 10 Lubbock Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Top 10 Lubbock Car Insurance Companies by A.M. Best Rank
- Travelers - A++
- USAA - A++
- GEICO - A++
- State Farm - A++
- Titan Insurance - A+
- Esurance - A+
- Progressive - A+
- The Hartford - A+
- Allstate - A+
- Nationwide - A+