How to Compare Lubbock Dodge Magnum Insurance

Insurance rates Dodge Magnum in LubbockThe recommended way to get affordable auto insurance rates is to compare quotes once a year from companies who provide auto insurance in Lubbock. Rate comparisons can be done by following these steps.

One bit of advice is to use identical deductibles and limits on every quote and and to get price quotes from all possible companies. This helps ensure a fair price comparison and many rates to choose from.

A recent study revealed that a large majority of insurance policyholders have remained with the same insurance company for a minimum of four years, and nearly the majority have never compared quotes from other companies. Lubbock drivers could save almost 70% every year, but most just don’t grasp how much savings they would realize if they switched.

Compare quotes for Lubbock Dodge Magnum insurance

The following companies are ready to provide free rate quotes in Lubbock, TX. In order to find cheap car insurance in Lubbock, we suggest you visit two to three different companies to get the cheapest price.

Why you need quality insurance for your Dodge vehicle

Despite the high cost of buying insurance for a Dodge Magnum in Lubbock, insurance serves a purpose in several ways.

The benefits of having auto insurance definitely exceed the price paid, particularly when you have a large claim. An average driver in America is wasting up to $830 a year so we recommend shopping around at every policy renewal to ensure rates are competitive.

Insurance Cost Influencing Factors

Many different elements are considered when you get a price on insurance. Some are pretty understandable like your driving record, but other criteria are less apparent such as your credit history or how safe your car is. An important part of buying insurance is that you know the rating factors that are used to determine your policy premiums. If you have some idea of what determines base rates, this allows you to make educated decisions that can earn you better auto insurance rates.

Safer vehicles save money – Vehicles that have high safety ratings tend to have lower insurance rates. Vehicles built for safety result in less severe injuries and lower injury rates means lower claim amounts and more competitive rates for policyholders. If your Dodge is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may pay a lower rate.

Marriage discount – Getting married helps lower the price on your auto insurance bill. Having a significant other means you’re more stable financially and insurance companies like that married couples file fewer claims.

Drive a fast car and pay more – The performance of the car you are trying to find cheaper insurance for makes a significant difference in your car insurance bill. The lowest performance passenger vehicles receive the most favorable rates, but many other things help determine your insurance rates.

Drive less and save – The more you drive annually the more it will cost to insure it. Most insurance companies price each vehicle’s coverage partially by how you use the vehicle. Autos that sit idle most of the time receive better premium rates than vehicles that are driven to work every day. It’s a good idea to make sure your declarations sheet shows annual mileage, because improper ratings can cost you money. Improper usage on your Magnum can result in significantly higher rates.

Why do you need liability coverage? – The liability section of your policy kicks in when a court rules you are at fault for personal injury or accident damage. Your liability coverage provides for a legal defense up to the limits shown on your policy. This coverage is relatively inexpensive compared to comp and collision, so drivers should carry high limits.

Big cities have higher rates – Being located in a small town has it’s advantages if you are looking for the lowest rates. Lower population means less chance of accidents in addition to lower liability claims. People in densely populated areas have more traffic problems and longer commute times. More time on the road means a statistically higher chance of an accident.

Younger vs. experienced drivers – Beginning drivers in Texas have been known to be careless and easily distracted when at the wheel of a vehicle so auto insurance rates are higher. Older drivers are shown to be more cautious, tend to file fewer claims, and usually have better credit.

Cheaper to insure women? – Over the last 30 years, statistics show that females tend to be a little less risky than males. That doesn’t necessarily mean that men are worse drivers. Both genders cause fender benders in similar percentages, but men have costlier accidents. In addition to higher claims, males also get ticketed for serious violations like driving under the influence (DUI). Youthful male drivers tend to get in the most accidents and therefore pay the highest rates.

What is the best car insurance company in Texas?

Buying coverage from a high-quality insurance company is difficult considering how many different insurance companies sell coverage in Lubbock. The company ratings listed below may help you decide which car insurance companies to look at when shopping around.

Best Car Insurance Companies in Lubbock
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
Mercury Insurance 97 96 88 89% A+ 93.4
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
Titan Insurance 86 82 92 86% A+ 86.5
21st Century 86 82 90 84% A 86.4
Liberty Mutual 79 87 95 78% A 85.3
Farmers Insurance 77 80 80 84% A 80.3
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Data Source: Best Car Insurance Companies

Smart shoppers get results

Insureds change insurance companies for a variety of reasons including delays in responding to claim requests, high rates after DUI convictions, policy cancellation and lack of trust in their agent. It doesn’t matter what your reason, switching auto insurance companies is pretty simple and you could end up saving a buck or two.

We just covered some good ideas how you can shop for Dodge Magnum insurance online. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even find the lowest rates are with a lesser-known regional company.

When buying insurance coverage, it’s very important that you do not buy poor coverage just to save money. There are too many instances where an insured cut liability coverage limits and found out when filing a claim that it was a big mistake. Your focus should be to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.

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