Updated: December 16, 2024
Advertising & Editorial Disclosure
In Lubbock, TX, Amica is both the overall best and cheapest choice for home insurance. It's also the best if customer service is your priority.
Choosing the best inexpensive home insurance depends on what you value, such as costs or how a company helps when you have questions or problems.
Best HomeInsuranceLubbock, TXTable of Contents
Why Trust MoneyGeek? We used data from Texas's Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Lubbock, basing recommendations on data and industry standards.
Home insurance premiums in Lubbock mirror the most competitive estimates as of September 2024.
MoneyGeek found that Amica is the best option for home insurance in Lubbock, TX with a MoneyGeek score of 97 out of 100 for $100K dwelling coverage.
The scores for home insurance companies in Lubbock range from 44 to 97. These figures are based on MoneyGeek's scoring system, and insurers may have different scores depending on your credit history and the age of your home.
| Amica | 97 | $2,559 |
| Chubb | 95 | $2,678 |
| Nationwide | 92 | $2,586 |
| State Farm | 89 | $2,692 |
| Farmers | 82 | $3,018 |
| IAT Insurance Group | 58 | $3,898 |
| ASI | 44 | $6,701 |
MoneyGeek found that Amica is the best option in Lubbock, TX, for home insurance with $100K dwelling coverage. The two best overall home insurance companies in Lubbock for $100K dwelling coverage are:
Amica stands out as the best home insurance provider because it excels in affordability and customer satisfaction.
Lubbock, TX, homeowners have a choice among various companies, each offering different costs and service experiences. While affordability is key, other factors — such as customer support and coverage options — are important, especially when filing a claim.
Amica scores high in affordability and satisfaction. It offers comprehensive home insurance with coverages like guaranteed replacement cost, which helps rebuild your home if costs exceed your policy limit, and home business property coverage, which extends limits for business items at home. Loss assessment coverage, on the other hand, protects shared property in condos or gated communities.
Amica also provides discounts, such as continuously insured and automatic payment, to help policyholders save money. Homeowners who have been with the insurer for at least two years can qualify for the continuously insured discount.
MoneyGeek found that Amica offers the best customer service in home insurance in Lubbock, TX, for $100K dwelling coverage. Here are the top two providers for this coverage:
Amica stands out for its high customer satisfaction and affordable premiums. These factors together contribute significantly to its leading MoneyGeek score. Choosing Amica means you get dependable service and competitive rates, making it a smart choice for homeowners. Excellent service in home insurance ensures timely support and clear communication whenever you need help.
Amica stands out for its high customer satisfaction and coverage options. It offers comprehensive home insurance with guaranteed replacement cost and back-up of sewer or drain. You can save with discounts like continuously insured and automatic payment. Stay with Amica for two years to qualify for the continuously insured discount.
Amica provides useful coverages like guaranteed replacement cost, which helps if rebuilding costs exceed your policy. Personal property replacement cost covers your belongings worldwide. Loss Assessment protects shared property in condos.
MoneyGeek found that Amica is the best cheap home insurance option in Lubbock, TX, for 100K dwelling coverage. The top two best cheap insurance providers for $100K dwelling coverage are:
Amica stands out with a high customer satisfaction score and reasonable affordability. Although cheap home insurance means lower charges, ensuring enough coverage is also crucial. In instances where saving on premiums is a priority, considering the most affordable homeowners insurance companies may be beneficial.
What sets the best cheap home insurance apart from the cheapest is its value for money, balancing cost with the coverage that meets a homeowner's needs without being expensive.
Amica is the best cheap company with high scores in affordability and customer satisfaction. It offers comprehensive home insurance with guaranteed replacement cost and sewer or drain back-up. You can save with discounts like continuously insured, which rewards loyalty, and automatic payment, which offers savings for using autopay.
Amica provides useful coverages like personal property replacement cost, which replaces items anywhere in the world if damaged. Loss assessment covers shared property, and home business property protects business items at home.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 23, 2024
Homeowners insurance rates in Lubbock depend on many factors, including location. Comparing rates is the best way to save, but it may take over an hour as each company needs about 15 minutes for comparison. MoneyGeek's home insurance calculator helps you save instantly by focusing on key factors. Enter your age, dwelling coverage, credit score and other details for a quick estimate.
Amica is the best option for affordable home insurance in Lubbock, TX. The company offers the lowest rates along with a top MoneyGeek score. Your choice of dwelling coverage greatly influences home insurance costs.
Amica stands out as the cheapest in Lubbock due to its low premium and high score. State Farm provides the most affordable options for both $250K and $500K coverages, maintaining excellent scores in each category. Securing the cheapest homeowners insurance in Texas can aid in managing your finances effectively.
| Amica | $2,559 |
| Nationwide | $2,586 |
| Chubb | $2,678 |
| State Farm | $2,692 |
| Farmers | $3,018 |
| IAT Insurance Group | $3,898 |
| ASI | $6,701 |
For high-value homes in Lubbock, TX, Farmers offers the lowest yearly cost for a $750K dwelling coverage policy. Higher home values require more insurance because it costs more to fix or rebuild them, which is why home insurance costs can be higher.
Farmers stands out due to its unbeatable rates for high-value home insurance in Lubbock, TX. While cost is essential, the insurer also receives a high rating from MoneyGeek, suggesting that being the least expensive doesn't mean compromising quality.
| Farmers | $7,902 |
| State Farm | $9,221 |
| Nationwide | $10,665 |
| Amica | $15,044 |
| Chubb | $16,702 |
| IAT Insurance Group | $17,322 |
| ASI | $31,670 |
Nationwide offers the most affordable home insurance in Lubbock, TX, for new homes requiring $100K dwelling coverage.
This company stands out for its low cost, making it the cheapest homeowners insurance option in Lubbock, Texas. Despite its low price, it remains competitive but its overall rank might not always reflect the best.
Ensure you are also adequately covered.
| Nationwide | $649 |
| State Farm | $1,215 |
| Amica | $1,775 |
| IAT Insurance Group | $1,815 |
| Chubb | $1,896 |
| Farmers | $2,009 |
| ASI | $2,251 |
Securing the best cheap homeowners insurance is about finding a provider that delivers excellent customer service and comprehensive coverage at an affordable rate. Providers that achieve this balance offer peace of mind without breaking the bank, ensuring you are well protected from various risks to your home.
To guide you through the process, we outlined key factors to consider when seeking the best and most affordable homeowners insurance for your home.
To determine how much home insurance coverage you need, consider factors like rebuilding costs, personal property value and liability needs in Lubbock, Texas.
Research insurance companies in Lubbock, Texas, focusing on financial stability, customer reviews and service quality.
After identifying necessary coverages, compare home insurance quotes. In Lubbock, Texas, premiums for $100K dwelling range from $2,559 to $3,898 annually.
Inquire with each provider about available discounts for bundling, safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium, but ensure it's an amount you can afford.
Adding security systems and strong locks can lower your home's risk profile, potentially decreasing insurance costs.
Keep a solid credit score as it can influence your insurance rates in Lubbock, Texas. Pay bills promptly and reduce outstanding debts.
Consider bundling your homeowners insurance with other policies like auto insurance for potential savings.
The best cheap home insurance provider for you in Lubbock depends on how much coverage you need and how much you can spend. Get answers to some of the most commonly asked questions about best cheap insurance rates in Lubbock, Texas.
The average home insurance premium in Lubbock, Texas, is $2,082.
Amica offers the cheapest home insurance in Lubbock, Texas, with an annual premium of $2,559.
The best home insurance in Texas for Lubbock residents is provided by Amica, with a MoneyGeek score of 97 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
