Cheap Insurance for a Chrysler PT Cruiser in Lubbock

Feeling guilty for buying an under-performing, overpriced auto insurance policy? It’s quite common and you are not the only one feeling buyer’s remorse.

It goes without saying that auto insurance companies don’t want you to look for cheaper rates. People who shop around annually are very likely to buy a new policy because of the good chance of finding coverage at a more affordable price. Remarkably, a study showed that drivers who shopped around saved approximately $865 a year compared to drivers who never compared prices.

If finding the lowest rates on Chrysler PT Cruiser insurance is your objective, then learning a little about how to find companies and compare insurance rates can help make the process easier. With so many different company options, it is very difficult to pick the best insurance company.

You should take the time to shop coverage around periodically since insurance rates are adjusted regularly by insurance companies. Even if you got the best rate on Chrysler PT Cruiser insurance in Lubbock at your last renewal there is a good chance you can find better prices now. Don’t believe everything you read about PT Cruiser insurance on the internet, but by reading this article, you’re going to learn some proven techniques to reduce your auto insurance bill.

Do you qualify for discounts?

Insuring your vehicles can cost a lot, but there could be available discounts that could drop your premiums quite a bit. Some discounts apply automatically at the time of quoting, but occasionally some discounts must be asked about before being credited. If you do not check that you are getting every discount you deserve, you are throwing money away.

• Lubbock Homeowners Pay Less – Owning a house in Lubbock can get you a discount since home ownership is proof that your finances are in order.
• Multi-line Discount – Not all auto insurance companies offer life insurance, but some may give you better rates if you take out life insurance from them.
• Multiple Vehicles – Buying insurance for several vehicles on one policy can get a discount on all vehicles.
• Student in College – Youth drivers who are enrolled in higher education away from home and do not have access to a covered vehicle may be able to be covered for less.
• Pay Early and Save – If you pay your entire premium ahead of time as opposed to paying monthly you can actually save on your bill.

Please keep in mind that many deductions do not apply to the entire policy premium. Some only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like you could get a free auto insurance policy, you won’t be that lucky.

The chart below compares Chrysler PT Cruiser insurance rates with and without discounts applied to the rates. The costs are based on a male driver, no tickets, no at-fault accidents, Texas state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, safe-driver, homeowner, marriage, and multi-policy discounts applied.

A few of the larger companies and a selection of discounts are:

• Progressive policyholders can earn discounts including continuous coverage, homeowner, multi-vehicle, online quote discount, good student, and multi-policy.
• SAFECO offers discounts for homeowner, anti-theft, bundle discounts, accident prevention training, teen safe driver, and teen safety rewards.
• American Family discounts include good driver, air bags, bundled insurance, Steer into Savings, and accident-free.
• MetLife includes discounts for claim-free, good driver, multi-policy, accident-free, good student, defensive driver
• GEICO offers premium reductions for emergency military deployment, anti-theft, federal employee, good student, and daytime running lights.
• The Hartford has discounts for good student, bundle, air bag, anti-theft, and defensive driver.

When quoting, ask each company which discounts you qualify for. Some discounts listed above may not apply in your area. To find insurance companies who offer cheap Chrysler PT Cruiser insurance quotes in Lubbock, click here to view.

The quickest method to compare policy rates for Chrysler PT Cruiser insurance in Lubbock utilizes the fact most of the larger companies allow for online access to provide you with free rate quotes. To start a quote, the only thing you need to do is provide a small amount of information such as the make and model of your vehicles, how much education you have, your occupation, and distance driven. That rating data is instantly sent to insurance companies and they return rate quotes within a short period of time.

If you would like to compare rates now, click here and enter the information requested.

The auto insurance companies shown below have been selected to offer free quotes in Lubbock, TX. In order to find the best auto insurance in TX, we suggest you visit two to three different companies to get the lowest price.

Coverage information

The information displayed next outlines different coverage prices for Chrysler PT Cruiser models. Having insight into how insurance premiums are figured can assist in making decisions on which coverage to buy.

Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Premium amounts do not factor in specific location information which can increase or decrease rates substantially.

Deductible analysis

One of the more difficult decisions when buying car insurance is the level to set your comp and collision deductibles. The following tables may aid in understanding the rate differences of buying low and high comp and collision deductibles. The first data table uses a $100 physical damage deductible and the second price chart uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Premium costs do not factor in garaging location in Lubbock which can alter prices considerably.

Based on the figures above, using a $100 deductible could cost the average driver approximately $22 more each month or $264 each year than opting for the higher $500 deductible. Because you would pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 18 months between claim filings, you would save money if you opt for a higher deductible.

One big caveat is that raising deductibles results in more money out-of-pocket when you have a claim. You need to make sure you have some available funds in the event you need to pay the higher deductible in order to repair your vehicle.

Cost of full coverage

The diagram below illustrates the difference between Chrysler PT Cruiser auto insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. Data assumes no tickets, no at-fault accidents, $1,000 deductibles, single marital status, and no discounts are applied to the premium.

Guidelines for dropping full coverage

There is no definitive formula of when to phase out comp and collision coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Chrysler PT Cruiser replacement value is $5,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $4,000 after paying your deductible. If premium cost is more than $400 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.

There are some situations where dropping full coverage is not recommended. If you still have a lienholder on your title, you have to carry full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.

Five Things That Impact Your Insurance Rates

Many factors are part of the calculation when you get a price on insurance. Most are fairly basic such as your driving record, but other factors are less obvious like where you live or how safe your car is. Part of the car insurance buying process is learning some of the things that help determine the rates you pay for car insurance. When you know what positively or negatively influences your rates, this enables you to make decisions that may reward you with much lower annual insurance costs.

The itemized list below are a partial list of the pieces car insurance companies consider when setting premiums.

• Better drivers pay better costs – Your driving citation history has a big impact on rates. Attentive drivers pay less for auto insurance than people who have multiple driving citations. Even a single ticket can increase the cost of insurance twenty percent or more. Drivers who have received flagrant violations such as DUI or willful reckless driving may face state-mandated requirements to maintain a SR-22 with their state’s licensing department in order to drive a vehicle legally.

  The chart below shows how speeding tickets and at-fault fender-benders can affect Chrysler PT Cruiser yearly insurance costs for different age groups of insureds. The costs are based on a married male driver, full coverage, $100 deductibles, and no other discounts are factored in.

• Liability coverage limits on your policy – Liability insurance kicks in if you are found liable for damages from an accident. Your liability coverage provides for a legal defense up to the limits shown on your policy. It is affordable coverage compared to physical damage coverage, so do not cut corners here.
• High deductibles save money – Physical damage insurance, aka comp and collision, covers damage that occurs to your Chrysler. Some examples of claims that would be covered are a windshield shattered by a rock, vandalism, or theft. Your deductibles are the amount of money you are willing to pay if a claim is determined to be covered. The more expense the insured is willing to pay, the lower your rates will be.
• Lower premiums for vehicles with better crash test results – Safer cars can get you lower premiums. Safe vehicles help reduce the chance of injuries in an accident and better occupant protection translates into savings for insurance companies and thus lower rates. If your Chrysler PT Cruiser earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.

• Car insurance rates and age – Drivers with little experience are proven to be careless and easily distracted when behind the wheel so car insurance rates are higher. Mature drivers have been proven to be more responsible, tend to cause fewer accidents, and are safer drivers.

  The chart below is based on a single driver, full coverage with $500 deductibles, and no discounts or violations.

Do I need an agent?

Some people would prefer to talk to a local agent. Professional insurance agents can help you build your policy and give you someone to call. An additional benefit of getting online price quotes is that you can find the best rates and still have a local agent. And supporting local insurance agents is still important in Lubbock.

To find an agent, once you fill out this simple form, the coverage information is immediately sent to local insurance agents in Lubbock that provide free Lubbock auto insurance quotes and help you find cheaper coverage. It makes it easy because there is no need to leave your house since rate quotes are delivered to you instantly. In the event you want to get a rate quote for a specific company, feel free to jump over to their website and fill out the quote form the provide.

If you are wanting to find a good insurance agency, you need to know there are two types of agencies and how they are slightly different. Agents are classified as either exclusive or independent. Both types can sell and service car insurance coverage, but it’s worth learning how they differ because it can influence which type of agent you select.

Independent Agencies or Brokers

Agents that elect to be independent are not employed by one company and that gives them the ability to insure with a variety of different insurance companies and help determine which has the cheapest rates. To transfer your coverage to a different company, your agent can switch companies and you stay with the same agent.

When shopping rates, we recommend you get insurance quotes from a few independent agents in order to compare the most rates.

Featured below is a list of independent agents in Lubbock who can help you get free rate quotes.

More Lubbock agents

Exclusive Car Insurance Agents

Exclusive insurance agents are contracted to one company such as Allstate, State Farm and Farmers Insurance. They generally cannot give you multiple price quotes so you need to shop around if the rates are high. Exclusive agents are trained well on their products and sales techniques which helps them sell insurance even at higher premiums.

Shown below are Lubbock exclusive insurance agencies that can give you price quotes.

More Lubbock agents

Deciding on a insurance agency should include more criteria than just a cheap price quote. Any agent in Lubbock should have no problem answering these questions:

• Do they feel the quoted coverages are adequate?
• Is the agency active in community causes in Lubbock?
• Where would your vehicle be repaired?
• Can you choose the body shop in case repairs are needed?
• Does the agency have a good rating with the Better Business Bureau?

Choosing PT Cruiser insurance is an important decision

Even though it can be expensive, buying auto insurance is most likely required but also gives you several important benefits.

• The majority of states have mandatory insurance requirements which means the state requires a minimum amount of liability in order to drive the car legally. 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.
• If you bought your PT Cruiser with a loan, almost all lenders will stipulate that you have physical damage coverage to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Chrysler at a much higher rate and require you to pay for the much more expensive policy.
• Auto insurance protects both your assets and your vehicle. It will also reimburse you for many types of medical costs for both you and anyone you injure as the result of an accident. Liability insurance also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, your policy will pay all costs to repair after the deductible has been paid.

The benefits of having auto insurance definitely exceed the cost, especially if you ever need it. The average driver in America is overpaying more than $865 each year so it’s recommended you shop around at every policy renewal to be sure current rates are still competitive.

Which auto insurance company is best in Texas?

Selecting the top car insurance provider can be rather challenging considering how many companies are available to choose from in Lubbock. The ranking data below can help you pick which providers to look at when shopping your coverage around.

Top 10 Lubbock Car Insurance Companies Ranked by Claims Service

1. Travelers
2. Nationwide
3. Allstate
4. State Farm
5. Liberty Mutual
6. GEICO
7. American Family
8. Esurance
9. Titan Insurance
10. AAA Insurance

Top 10 Lubbock Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 91%
2. AAA Insurance – 90%
3. Esurance – 90%
4. Mercury Insurance – 89%
5. Nationwide – 89%
6. Travelers – 88%
7. Progressive – 88%
8. Safeco Insurance – 88%
9. State Farm – 88%
10. Allstate – 88%

More quotes mean more insurance savings

We just showed you many ideas to lower your Chrysler PT Cruiser insurance rates in Lubbock. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding cheaper Lubbock auto insurance quotes. Drivers may even discover the most savings is with a company that doesn’t do a lot of advertising. They often have lower car insurance rates on specific markets than their larger competitors like Progressive or GEICO.

When getting Lubbock auto insurance quotes online, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many situations where drivers have reduced comprehensive coverage or liability limits and learned later that the savings was not a smart move. The ultimate goal is to get the best coverage possible at a price you can afford, but do not sacrifice coverage to save money.

Steps to finding low-cost rates for Chrysler PT Cruiser insurance in Lubbock

If you want to find the absolute lowest rates, then the best way to find affordable quotes for auto insurance rates in Lubbock is to do a yearly price comparison from insurers who can sell car insurance in Texas.

1. Try to learn a little about how insurance companies determine prices and the things you can control to drop your rates. Many policy risk factors that cause high rates such as at-fault accidents and a substandard credit score can be remedied by making lifestyle changes or driving safer.
2. Compare prices from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from one company like Progressive or State Farm, while independent agents can give you price quotes for a wide range of insurance providers. Get quotes now
3. Compare the new quotes to your current policy to see if cheaper PT Cruiser coverage is available in Lubbock. If you find better rates, make sure there is no lapse in coverage.

The most important part of shopping around is to compare identical limits and deductibles on every quote and and to get prices from as many companies as feasibly possible. This guarantees an apples-to-apples comparison and many rates to choose from.

More tips and info about insurance is located at these sites:

• Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
• Who Has Cheap Lubbock Auto Insurance for State Employees? (FAQ)
• What Auto Insurance is Cheapest for Drivers with Bad Credit in Lubbock? (FAQ)
• How Much is Lubbock Car Insurance for Young Drivers? (FAQ)
• How Much is Car Insurance for Low Income Drivers in Lubbock? (FAQ)
• Rollover Crash FAQ (iihs.org)
• All About Airbag Safety (State Farm)