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Having to pay for expensive Kia Optima Plug-In Hybrid insurance in Lubbock can bleed your budget and force you to make tough financial choices. Doing a rate analysis is free and is an excellent way to tighten up your finances.
It's astonishing, but almost 70% of insureds have stayed with the same insurance company for four years or more, and roughly 40% of drivers have never compared rates to find cheap insurance. With the average premium in Texas being $2,680, drivers could cut their rates by roughly 70% a year just by shopping around, but they don't believe how much they could save if they switched to a cheaper policy.
There is such a variety of insurance companies to pick from, and although it's a good thing to have a choice, more options can take longer to compare rates for Kia Optima Plug-In Hybrid insurance in Lubbock.
Best Kia Optima Plug-In Hybrid insurance prices in Texas
The car insurance companies shown below are ready to provide quotes in Lubbock, TX. If you want cheap car insurance in Texas, we suggest you visit two to three different companies to get the best price comparison.
Cheaper rates on Kia Optima Plug-In Hybrid insurance in Lubbock with these six discounts
Not too many consumers would say insurance is affordable, but discounts can save money and there are some available to reduce the price significantly. Many of these discounts will be applied automatically at the time you complete a quote, but once in a while a discount must be requested specifically before they will apply. If you are not receiving all the discounts you qualify for, you could be saving more on your insurance.
- Driver Training Discounts - Passing a course in defensive driving could save 5% or more and make you a better driver.
- Seat Belt Usage - Using a seat belt and requiring all passengers to use a seat belt can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
- Senior Citizens - Drivers over the age of 55 may be able to get a discount up to 10%.
- Own a Home - Just being a homeowner may trigger a policy discount on insurance because of the fact that having a home is proof that your finances are in order.
- Payment Method - If paying your policy premium upfront rather than paying in monthly installments you can avoid the installment charge.
- Good Student - Excelling in school may save as much as 25% on a Lubbock car insurance quote. The good student discount can last up to age 25.
Please keep in mind that many deductions do not apply to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. Even though the math looks like you would end up receiving a 100% discount, it's just not the way it works.
The best insurance companies and a selection of discounts are shown below.
- State Farm has savings for accident-free, Steer Clear safe driver discount, Drive Safe & Save, good student, and passive restraint.
- GEICO offers discounts including anti-theft, emergency military deployment, anti-lock brakes, seat belt use, driver training, and membership and employees.
- Allstate offers discounts for passive restraint, multi-policy, teenSMART discount, anti-lock brakes, and good payer.
- SAFECO policyholders can earn discounts including anti-theft, homeowner, drive less, safe driver, anti-lock brakes, teen safe driver, and multi-car.
- Farm Bureau discounts include good student, renewal discount, multi-vehicle, youthful driver, multi-policy, 55 and retired, and driver training.
- Progressive may offer discounts for continuous coverage, online signing, online quote discount, multi-policy, and homeowner.
- AAA offers premium reductions for AAA membership discount, good driver, anti-theft, education and occupation, pay-in-full, and multi-policy.
If you need lower rates, check with every prospective company the best way to save money. Some credits may not be offered in your state.
Independent versus exclusive insurance agencies
Some consumers just want to sit down and talk to an agent and we recommend doing that One of the great benefits of price shopping on the web is that drivers can save money and get cheap car insurance quotes but still work with a licensed agent. Buying from neighborhood agents is important particularly in Lubbock.
To make it easy to find an agent, after completing this short form, the coverage information is sent to insurance agents in Lubbock that can provide free Lubbock car insurance quotes to get your business. It makes it easy because there is no need to find an agent on your own because quoted prices will be sent to your email. You can get cheaper car insurance rates AND a local agent. If you have a need to quote rates from a particular provider, don't hesitate to jump over to their website and submit a quote form there.
How to choose the best auto insurance agent in Lubbock
If you want to use local Lubbock agents, there are two different types of agents to choose from. Car insurance agents in Lubbock can be classified as either independent (non-exclusive) or exclusive.
Independent Agencies or Brokers
Independent insurance agents can quote rates with many companies and that enables them to quote your coverage with an assortment of companies and possibly get better coverage at lower prices. If they find a lower price, the business is moved internally and that require little work on your part. When comparing rates, you absolutely need to contact at least one independent agent so that you have a good selection of quotes to compare.
Listed below are independent agencies in Lubbock that may be able to give comparison quotes.
Exclusive Insurance Agents
These agents can only provide pricing for a single company and some examples include State Farm, Allstate and AAA. Exclusive agents are unable to provide prices from multiple companies so they have no alternatives for high prices. Exclusive agents are usually quite knowledgeable in insurance sales and that can be a competitive advantage.
Listed below are exclusive insurance agencies in Lubbock who can help you get comparison quotes.
Picking the best insurance agent requires more thought than just the quoted price. These are valid questions to ask:
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Are aftermarket or OEM parts used to repair vehicles?
- Is working in the agency their full-time job?
- Does the agent help file claims?
- Do they offer claims assistance after hours?
- Are there any extra charges for paying monthly?
Ratings for Lubbock auto insurance companies
Finding a good quality insurance provider can be challenging considering how many companies sell coverage in Lubbock. The information shown below could help you decide which insurers to look at purchasing a policy from.
Top 10 Lubbock Car Insurance Companies Ranked by Value
- Mercury Insurance
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- The General
- 21st Century
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+
Car insurance coverages for a Kia Optima Plug-In Hybrid
Having a good grasp of a car insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on most car insurance policies.
Liability coverages - Liability coverage can cover damages or injuries you inflict on people or other property that is your fault. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 30/60/25 that translate to $30,000 in coverage for each person's injuries, a total of $60,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.
Liability coverage protects against claims such as emergency aid, pain and suffering, loss of income and attorney fees. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible. Texas requires minimum liability limits of 30/60/25 but you should consider buying more liability than the minimum.
The illustration below demonstrates why buying low liability limits may not be high enough to cover claims.
Insurance for medical payments - Coverage for medical payments and/or PIP pay for expenses like prosthetic devices, surgery and dental work. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage
Collision - This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as sideswiping another vehicle, backing into a parked car, crashing into a building and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible on your Optima Plug-In Hybrid to save money on collision insurance.
Comprehensive coverage (or Other than Collision) - Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for things like hail damage, hitting a bird, fire damage, theft and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.
Uninsured Motorist or Underinsured Motorist insurance - This provides protection when the "other guys" either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as your vehicle's damage.
Due to the fact that many Texas drivers carry very low liability coverage limits (30/60/25 in Texas), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Persistence is the key to cheap rates
When shopping online for auto insurance, you should never skimp on coverage in order to save money. Too many times, an insured cut physical damage coverage only to regret they didn't have enough coverage. The ultimate goal is to buy the best coverage you can find at the lowest possible cost, but do not skimp to save money.
You just read some good ideas how to lower your Kia Optima Plug-In Hybrid insurance car insurance rates in Lubbock. It's most important to understand that the more you quote Lubbock car insurance, the better your chances of lowering your premium rates. Consumers may even find the lowest car insurance rates are with a company that doesn't do a lot of advertising. Some small companies may only write in your state and offer lower premium rates as compared to the big name companies such as Allstate or State Farm.
Steps to finding cheaper Kia Optima Plug-In Hybrid insurance in Lubbock
The best way to find cheaper prices for car insurance rates in Lubbock is to compare prices once a year from insurance carriers who can sell car insurance in Texas. You can compare prices by following these steps.
Step 1: Get a basic knowledge of the different coverages in a policy and the things you can control to keep rates low. Many policy risk factors that drive up the price such as at-fault accidents and a less-than-favorable credit score can be improved by being financially responsible and driving safely.
Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from a single company like GEICO or State Farm, while independent agencies can quote prices from many different companies.
Step 3: Compare the price quotes to your existing policy and determine if cheaper Optima Plug-In Hybrid coverage is available. If you find a lower rate quote and switch companies, verify that coverage does not lapse between policies.
One thing to point out is to try to compare the same liability limits and deductibles on each quote request and and to compare every insurance company. Doing this guarantees a fair rate comparison and many rates to choose from.
Additional information can be read at these links:
- Tools for Teen Driving Safety (State Farm)
- Who Has Cheap Lubbock Auto Insurance for a Hyundai Santa Fe? (FAQ)
- What Insurance is Cheapest for Drivers Under 25 in Lubbock? (FAQ)
- What Insurance is Cheapest for Infrequent Drivers in Lubbock? (FAQ)
- Where can I buy Insurance? (Insurance Information Institute)
- Determining Your Vehicle's Value and Repair Cost (Insurance Information Institute)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Insurance Losses by Make and Model (iihs.org)