Overpriced Fiat 124 Spider insurance in Lubbock can stress out your funds and require stricter spending habits. Performing a price comparison is an excellent way to slash your bill and have more diposable income.
Unbelievable but true according to a study over 70% of consumers kept buying from the same company for four years or more, and approximately 40% of consumers have never compared rate quotes at all. Lubbock consumers could save as much as $1,800 every year by just comparing quotes, but they underestimate the amount of money they would save if they swap their current policy for a cheaper one. You have multiple insurers to insure vehicles with, and although it’s nice to have a choice, having more insurance companies makes it harder to find a good deal for Fiat 124 Spider insurance in Lubbock.
Comparing rates for cheaper insurance in Lubbock is not as hard as you may think. If you have coverage now or are shopping for new coverage, you can follow these tips to find the best rates without sacrificing coverage. Shoppers only need to know the quickest method to find the lowest price from many different companies.
Reducing your insurance rates can be relatively painless. You just need to spend a little time comparing price quotes to discover which company has cheaper Lubbock car insurance quotes.
It’s so easy to compare rate quotes online that it makes it obsolete to physically go to all the different insurance agencies. Shopping for car insurance online eliminates the need for an insurance agent unless you’re the type of person who wants the extra assistance that only a licensed agent can provide. Some companies do allow you to compare the best prices online but buy from a local insurance agent.
The companies in the list below are ready to provide free quotes in Texas. If multiple companies are listed, we suggest you visit as many as you can to get a more complete price comparison.
Save a ton on Fiat 124 Spider insurance in Lubbock with these discounts
Some providers do not advertise every available discount in an easy-to-find place, so the following is a list of some of the more common as well as some of the hidden credits that you can use to lower your rates.
- Senior Citizen Discount – Older drivers may be able to get lower premium rates.
- Sign Online – A few larger online companies will give you a small discount for buying a policy and signing up on their website.
- Active Military Service – Being on active deployment in the military may qualify for rate reductions.
- Accident Waiver – Not really a discount, but some insurance companies permit an accident before they charge you more for coverage if you have no claims for a specific time period.
- Discounts for New Vehicles – Buying a new car instead of a used 124 Spider can get you a discount due to better safety requirements for newer vehicles.
- Discounts for Cautious Drivers – Insureds without accidents could pay up to 40% less as compared to drivers with claims.
- Telematics Devices – Policyholders that allow driving data submission to look at vehicle usage by using a small device installed in their vehicle like Allstate’s Drivewise might get better premium rates as long as they are good drivers.
- Pay Now and Pay Less – If you can afford to pay the entire bill instead of making monthly payments you can actually save on your bill.
- Driver Education Discount – Make teen driver coverage more affordable by requiring them to take driver’s ed class as it can save substantially.
- Theft Deterrent System – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency so companies will give you a small discount.
A quick disclaimer, some of the credits will not apply to your bottom line cost. A few only apply to the price of certain insurance coverages like comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way.
Companies that have many of the previously listed discounts possibly include:
If you need lower rates, check with each company which discounts you may be entitled to. Some discounts listed above may not be offered in every state. To locate providers who offer online Fiat 124 Spider insurance quotes in Lubbock, click here to view.
Why You Might Pay Lower Rates in Lubbock
Smart consumers have a good feel for the different types of things that are used to determine car insurance rates. When you know what positively or negatively determines base rates, this empowers consumers to make smart changes that could result in lower premium levels. Lots of things are considered when pricing auto insurance. Most are fairly basic such as your driving record, although others are less apparent such as your marital status or how safe your car is.
The following are a few of the things that factor into your rates.
Liability insurance is peace of mind – Your policy’s liability coverage is the coverage that protects you in the event that a jury decides you are liable for personal injury or accident damage. Liability insurance provides legal defense up to the limits shown on your policy. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so do not skimp.
Choose high NHTSA crash test ratings and save – Vehicles with good safety scores can get you lower premiums. The safest vehicles help reduce the chance of injuries in an accident and better occupant protection translates directly to fewer claims which can result in lower premiums. If your Fiat 124 Spider is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
Men are more aggressive – Statistics show women tend to be less risk to insure than men. The data does not necessarily mean that males are worse at driving than females. Males and females tend to get into accidents in similar percentages, but guys cause more damage. Men also receive more costly citations such as reckless driving. Young males are most likely to cause an accident and therefore have the most expensive car insurance rates.
Incidental coverages you don’t use – Insurance policies have a lot of add-on coverages that you can get tricked into buying if you don’t pay attention. Insurance for rental car coverage, high-cost glass coverage, and motor club memberships are some examples. The coverages may be enticing initially, but now you might not need them so remove them and pocket the money.
Older drivers pay less – Young drivers in Texas tend to get distracted easily with other occupants in the car so they pay higher car insurance rates. Adding a youthful driver to your car insurance policy will cause a huge premium hike. Older insureds are more responsible, tend to cause fewer accidents, and usually have better credit.
Improve your credit rating and save – Having a bad credit history is likely to be a major factor in determining premium rates. Insureds that have good credit tend to be better risks to insure as compared to drivers with bad credit. So if your credit history can use some improvement, you could pay less to insure your Fiat 124 Spider by repairing your credit.
Job and insurance rates – Occupations such as judges, airline pilots, and stock brokers usually pay higher premium rates attributed to high stress levels and lots of time spent at work. On the other hand, professions such as farmers, students and performers receive lower rates.
Physical damage deductibles are a factor – Comprehensive and collision coverage deductibles define the amount you are willing to pay in the event of a claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some examples of covered claims are collision with another vehicle, damage caused by hail, and having a roll-over accident. The more of the claim the insured is willing to pay, the less your car insurance will be.
Do I need a local insurance agent?
A lot of people just prefer to buy from a local agent and we recommend doing that Most agents can make sure you are properly covered and help submit paperwork. One of the great benefits of comparing rate quotes online is that you can obtain cheap auto insurance rates and also buy local. Buying from and supporting neighborhood insurance agencies is important particularly in Lubbock.
By using this quick form, the quote information is submitted to companies in Lubbock who will give competitive quotes for your coverage. It simplifies rate comparisons since you won’t have to search for an agent as quotes are delivered directly to your email. If you want to get a rate quote from a specific insurance company, don’t hesitate to jump over to their website and submit a quote form there.
If you want to buy auto insurance from an insurance agent, it’s helpful to know the different types of agents that differ in how they can insure your vehicles. Auto insurance agencies can be described as either independent or exclusive. Either one can do a good job, but it’s a good idea to understand how they differ since it can affect the selection process.
Independent Agents
Agents that elect to be independent can quote rates with many companies so they have the ability to put coverage with multiple insurance companies depending on which coverage is best. If your agent finds better pricing, they simply switch companies in-house without you having to go to a different agency.
If you are comparing rate quotes, we recommend you check rates from multiple independent agents to maximize your price options.
Below are independent agencies in Lubbock who can help you get cheap rate quotes.
Texas Insurance Partners
Bldg. 2, 7021 Kewanee Avenue #102 – Lubbock, TX 79424 – (806) 771-9692 – View Map
Holmes/Bednarz Insurance Agency
5717 66th St #110 – Lubbock, TX 79424 – (806) 748-5453 – View Map
Shamburger Agency
12215 Quaker Ave – Lubbock, TX 79424 – (806) 783-8959 – View Map
Exclusive Insurance Agencies
Agents of this type have only one company to place business with like Allstate, AAA, Farmers Insurance, and State Farm. They are unable to compare other company’s rates so they are skilled at selling on more than just price. Exclusive agents are trained well on what they offer which helps offset the inability to provide other markets.
The following is a list of exclusive insurance agents in Lubbock that are able to give rate quotes.
Dick Phillips – State Farm® Insurance Agent
5740 82nd St – Lubbock, TX 79424 – (806) 799-4651 – View Map
Farmers Insurance – Victor Rodriguez
2026 82nd St #103 – Lubbock, TX 79423 – (806) 783-0831 – View Map
Keith Potts – State Farm Insurance Agent
6110 Frankford Ave A – Lubbock, TX 79424 – (806) 794-5084 – View Map
Picking the best auto insurance agent is decision based upon more than just a cheap price. Below are some questions you should ask.
- Will the company cover a rental car if your car is getting fixed?
- What discounts might you be missing?
- Are claim adjusters local or do you have to take your car somewhere else?
- Is the quote a firm price?
- Do they have cheaper tiers of coverage?
- How does the company pay claims for a total loss?
- Is their price quote a firm figure or are their hidden costs?
Be persistent and save
Lower-priced Fiat 124 Spider insurance in Lubbock is definitely available from both online companies as well as from independent agents in Lubbock, so you need to shop Lubbock car insurance with both to have the best selection. Some insurance providers don’t offer online price quotes and usually these small insurance companies only sell coverage through local independent agencies.
When searching for affordable Fiat 124 Spider insurance quotes, it’s very important that you do not reduce needed coverages to save money. In many instances, someone sacrificed comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to purchase plenty of coverage at a price you can afford, but do not sacrifice coverage to save money.
We just presented quite a bit of information on how to compare Fiat 124 Spider insurance rates in Lubbock. The key thing to remember is the more quotes you get, the better chance you’ll have of finding inexpensive Lubbock car insurance quotes. Drivers may even discover the lowest rates come from an unexpected company. Smaller companies may have significantly lower auto insurance rates on certain market segments as compared to the big name companies such as Progressive or GEICO.
Steps to finding affordable Fiat 124 Spider insurance in Lubbock
It takes a few minutes, but the best way to get affordable car insurance rates in Lubbock is to make a habit of comparing prices annually from insurance carriers who provide car insurance in Texas.
Step 1: It will benefit you to learn about how auto insurance works and the measures you can control to lower rates. Many things that result in higher prices like accidents, traffic violations, and an unfavorable credit rating can be rectified by making minor changes in your lifestyle.
Step 2: Request price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from one company like Progressive or State Farm, while agents who are independent can provide price quotes from many different companies. Compare rates
Step 3: Compare the new quotes to your current policy to determine if switching companies saves money. If you can save some money and decide to switch, ensure there is no coverage lapse between policies.
One thing to point out is to make sure you’re comparing similar deductibles and liability limits on every quote and and to compare as many auto insurance providers as possible. Doing this provides the most accurate price comparison and a better comparison of the market.
Other information
- How to Avoid Common Accidents (State Farm)
- Who Has the Cheapest Auto Insurance for Uninsured Drivers in Lubbock? (FAQ)
- Who Has Cheap Lubbock Auto Insurance for a GMC Sierra? (FAQ)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Young Drivers: The High Risk Years Video (iihs.org)
- Preventing Carjacking and Theft (Insurance Information Institute)