Cheapest and Best Car Insurance in Lubbock, TX (2024)

In Lubbock, the cheapest minimum and full coverage auto insurance is provided by Texas Farm Bureau, while families with teens may find Nationwide to be the most affordable. For outstanding customer service, Chubb takes the lead and also stands out as the best overall, balancing cost and service to offer the best value. The right choice depends on your individual preferences and coverage requirements.

MoneyGeek found that Texas Farm Bureau offers the cheapest car insurance in Lubbock for minimum coverage car insurance.

• Texas Farm Bureau: $328 per year
• Mercury: $392 per year

Dairyland holds the position as the most expensive minimum coverage policy in Lubbock, with an annual premium of $1,764. This is a staggering $1,436 more than Texas Farm Bureau's rate, illustrating the significance of comparing car insurance quotes to secure the best financial deal.

In Texas, from Lubbock to Longview, state law sets the minimum car insurance coverage you'll need. These figures are in place across all Texan cities:

• $30,000 bodily injury per person
  
• $60,000 bodily injury per accident
  
• $25,000 property damage liability per accident
  

Let's say your minimum coverage policy covers up to $30,000 for bodily injury per person. If you're at fault in an accident and the other driver's medical bills total $45,000, your insurance would cover the $30,000, but you'd be responsible for the remaining $15,000 out of pocket. It's straightforward Texas fact, no digging around necessary.

MoneyGeek found that Texas Farm Bureau offers the cheapest full coverage car insurance in Lubbock with remarkable savings for residents.

• Texas Farm Bureau: $722 per year
• State Farm: $911 per year

Dairyland presents the most expensive full coverage policy in the city at $3,527 annually, underscoring the significance of comparing rates to save money. Full coverage policies are pricier than minimum coverage due to additional protections like comprehensive and collision insurance they provide.

Our enhanced full coverage policy in Lubbock boosts the standard liability limits significantly, ensuring better protection. This enhanced plan upgrades coverage to $100,000 for bodily injury per individual, $300,000 for injuries per incident and $100,000 for property damage in each accident. Industry insiders commonly refer to this level of coverage as a 100/300/100 policy.

In addition to the augmented liability limits, those who opt for full coverage insurance receive the added benefits of comprehensive and collision coverage, which are:

• Collision Insurance: This provides a safeguard for your vehicle against damages incurred from impacts with other vehicles or objects like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This covers your vehicle against a range of non-collision incidents, such as theft or damage from severe weather conditions, natural disasters and being struck by an animal like a deer.

For owners of brand-new vehicles, securing full coverage insurance is a prudent choice to protect the value of your investment. However, owners of older vehicles might find that the cost of additional insurance outweighs the benefits. In deciding how much car insurance you need, it is essential to weigh the higher costs associated with extensive coverage against the risk of being underinsured.

MoneyGeek found that the cheapest company for drivers with a poor driving record in Lubbock offers competitive rates for full coverage policies, varying upon the incident. The most affordable options for each case are as follows:

• Speeding Ticket: Texas Farm Bureau ($722 per year)
• At-fault accident: State Farm ($1,129 per year)
• DUI: Texas Farm Bureau ($1,415 per year)

Among companies with the highest rates, Dairyland typically presents the most expensive policies for individuals with a speeding ticket ($4,377 per year), an at-fault accident ($4,956 per year), or a DUI ($3,567 per year). The discrepancy between the cheapest rates post-speeding ticket and DUI is significant. Texas Farm Bureau's annual premium after a speeding ticket is $722, while it increases to $1,415 after a DUI, highlighting the impact offense severity has on insurance costs.

Insurance rates in cities like Lubbock escalate with the severity of driving offenses due to the increased risk and cost associated with insuring drivers who have demonstrated riskier behavior on the road. For instance, in Lubbock, drivers with a speeding ticket can expect an average annual insurance rate of around $2,610, while those with a DUI could see average rates soar to approximately $3,211.

MoneyGeek found that Nationwide offers the cheapest car insurance for teens in Lubbock. Here are the two most affordable providers:

• Nationwide: $1,418 per year for female teens and $1,616 per year for male teens
• State Farm: $1,651 per year for female teens and $1,997 per year for male teens

These rates reflect a policy combination including two parents and a teenage driver, showcasing major price variations within the market. The most costly provider for teenage car insurance in Lubbock is Allstate, with premiums at $6,130 for female teens and $7,214 for male teens annually. This stark contrast between Nationwide and Allstate for female teens, underscores the significance of comparing rates, given the heightened expenses associated with insuring high-risk teenage drivers.

In cities like Lubbock, teens seeking car insurance can expect to pay significantly more when opting for an individual policy. On average, a personal annual premium for a teenage driver is an astounding $6,661, contrasted with a more economical $3,400 if added to a family's policy. The disparity in rates largely stems from the perceived risk insurers associate with teen drivers, who are statistically more likely to be involved in accidents.

MoneyGeek found that Texas Farm Bureau offers the most affordable cheapest car insurance for military backgrounds in Lubbock.

• Texas Farm Bureau: $722 per year
• State Farm: $911 per year

Although USAA stands at $1,065 per year, it didn't make it to the top of the list. Nevertheless, USAA is known for its excellent service that is tailored specifically for the needs of active duty military members, offering a blend of value and support.

In Lubbock, you can use MoneyGeek's car insurance calculator to get quotes. Simply input critical details such as age, driving history, credit score and desired coverage, and promptly receive a tailored rate estimate, thereby optimizing your time and savings on car insurance.

Selecting the ideal auto insurance hinges on individual priority between service quality, cost-effectiveness, coverage scope, and other considerations. MoneyGeek's meticulous evaluation used distinct scoring criteria for each category to identify Lubbock's premier insurers catering to diverse needs:

• Best overall: Chubb (MoneyGeek score 91 out of 100)
• Best for service: Chubb (MoneyGeek score 92 out of 100)
• Best cheap: Chubb (MoneyGeek score 90 out of 100)

Chubb stands out in Lubbock as the preeminent provider, securing the top spot across all three categories to deliver exemplary service, comprehensive coverage and affordability.

MoneyGeek found that Chubb offers the best option for car insurance in Lubbock. With an outstanding best car insurance plan, Chubb tops the list for drivers seeking comprehensive coverage and excellent service.

• Chubb: MoneyGeek score of 91 out of 100 ($1,483 per year)
• State Farm: MoneyGeek score of 74 out of 100 ($911 per year)

Chubb distinguishes itself in the Lubbock market not only by providing a full coverage policy but also through its impressive customer satisfaction and claims handling processes. Scoring the highest in these categories underscores the company's commitment to offering superior service and reliable coverage to its clientele.

MoneyGeek found that Chubb is the best option in Lubbock for drivers seeking top-notch car insurance customer service. This determination is based on overall satisfaction, claims handling and coverage options, setting aside considerations for rates.

• Chubb: MoneyGeek score of 92 out of 100 ($1,483 per year)
• Foremost: MoneyGeek score of 77 out of 100 ($2,127 per year)

Chubb stands out with its impressive balance of high satisfaction and claims scores, contributing significantly to its nearly perfect MoneyGeek score. It's clear that customers value the exceptional service provided by Chubb, positioning it as the premier choice for car insurance in the area.

MoneyGeek found that Chubb is the best option for cheap car insurance in Lubbock, offering a perfect blend of affordability, customer satisfaction, and claims handling. Drivers seeking value for their money will find Chubb's offerings particularly compelling.

• Chubb: MoneyGeek score of 90 out of 100 ($671 per year)
• Mercury: MoneyGeek score of 78 out of 100 ($392 per year)

Chubb stands out with its exceptional MoneyGeek score, which reflects a balance of high customer satisfaction and superior claims service. Significant factors contributing to Chubb's top rank include its industry-leading satisfaction and claims scores.

In Lubbock, Texas, average cost of car insurance stands at $1,598. This figure is notably less than the state average of Texas, which is $1,782. Interestingly, both Lubbock's and Texas's average car insurance costs are very close, with Texas having a slight edge of just $1 over the national average car insurance cost of $1,781.

Car insurance premiums are influenced by multiple variables that extend beyond geographic location. However, location plays a significant role due to factors such as traffic density, the likelihood of accidents, and regional crime rates. In Texas, for example, city premiums vary greatly. In areas with lower population density and potentially less traffic, insurance rates can be significantly more budget-friendly.