Affordable Quotes for Honda Element Insurance in Lubbock

If you want to find the absolute lowest rates, then the best way to find lower priced Honda Element insurance is to start doing a yearly price comparison from insurance carriers in Lubbock. You can shop around by following these steps.

• Step 1: It will benefit you to learn about auto insurance and the steps you can take to prevent high rates. Many rating criteria that cause high rates like speeding and bad credit can be amended by making lifestyle changes or driving safer.
• Step 2: Quote rates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or Farmers Insurance, while independent agencies can provide prices from multiple insurance companies. Find a Lubbock insurance agent
• Step 3: Compare the quotes to your current policy to determine if you can save on Element insurance. If you find a lower rate quote and decide to switch, make sure coverage does not lapse between policies.
• Step 4: Notify your agent or company to cancel your existing policy. Submit a down payment along with a signed application to your new company or agent. Once coverage is bound, place your new proof of insurance certificate somewhere easily accessible.

A good tip to remember is to compare identical coverage information on every quote and and to look at as many different companies as possible. Doing this ensures a level playing field and plenty of rates choose from.

It’s well known that insurance companies don’t want you to look for a cheaper policy. Drivers who compare other rates are inclined to switch car insurance companies because there is a good probability of finding a policy with better rates. A recent survey discovered that people who compared prices regularly saved on average $3,400 over four years as compared to drivers who never shopped for cheaper rates.

If finding budget-friendly rates on insurance in Lubbock is the reason for your visit, then having some insight into the best ways to shop for insurance coverage can help you succeed in finding affordable rates.

Auto insurance providers offering competitive price quotes in Texas

The providers in the list below have been selected to offer free quotes in Lubbock, TX. If you want cheap car insurance in Lubbock, we recommend you click on several of them to find the lowest auto insurance rates.

Honda Element insurance rates and statistics

The data table displayed below outlines estimates of insurance policy prices for Honda Element models. Learning more about how rates are figured can aid in making smart policy decisions.

Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Rate quotes do not factor in vehicle location which can impact rates noticeably.

Higher deductibles save money

The hardest decision when buying coverage is at what level do you set your deductibles. The rates shown below may help you to understand the rate fluctuation when you buy lower versus higher comp and collision deductibles. The first set of prices uses a $100 deductible for physical damage and the second price chart uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Estimates do not factor in vehicle location which can modify premiums substantially.

Based on this data, we can arrive at the conclusion that using a $100 deductible will cost in the ballpark of $25 more each month or $300 every year across all Honda Element models than selecting the higher $500 deductible. Due to the fact that you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you go more than 16 months between claim filings, you would probably come out ahead if you choose a higher deductible.

The chart below highlights how deductible selection and can raise or lower Honda Element insurance costs for different age categories. The rate quotes are based on a single female driver, comp and collision included, and no discounts are applied.

Impact of violations and accidents on rates

The chart below illustrates how traffic citations and at-fault claims increase Honda Element annual premium costs for different insured age categories. The costs are based on a married female driver, full coverage, $1,000 deductibles, and no discounts are factored in.

Get cheaper rates on Honda Element insurance in Lubbock with these eight auto insurance discounts

Companies offering auto insurance don’t list the complete list of policy discounts very well, so the following is a list of a few of the more well known and the harder-to-find ways to save on auto insurance.

• Discount for Swiching Early – A few larger companies offer discounts for switching policies early. It can save you around 10%.
• 55 and Retired – If you qualify as a senior citizen, you are able to get reduced rates.
• Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20 to 30 percent.
• Braking Control Discount – Anti-lock brake equipped vehicles are much safer to drive and qualify for as much as a 10% discount.
• Multiple Vehicles – Buying insurance for multiple cars with the same company can reduce the rates for all insured vehicles.
• Save with a New Car – Buying a new car instead of a used Element may earn a small discount because newer models are generally safer.
• Safety Course Discount – Completing a driver safety class could cut 5% off your bill and easily pay for the cost of the class.
• Resident Student – Youth drivers who live away from home to go to college and do not have a car could get you a discount.

Please keep in mind that most discount credits are not given to the whole policy. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Even though it appears it’s possible to get free car insurance, companies wouldn’t make money that way.

The example below visualizes the comparison of Honda Element insurance premiums with and without discounts applied to the policy rates. The data is based on a male driver, a clean driving record, no claims, Texas state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, homeowner, marriage, safe-driver, and multi-policy discounts applied.

A few popular companies and a summarized list of policyholder discounts can be found below.

• Progressive policyholders can earn discounts including multi-vehicle, online signing, online quote discount, continuous coverage, multi-policy, good student, and homeowner.
• GEICO includes discounts for multi-vehicle, seat belt use, federal employee, air bags, and emergency military deployment.
• State Farm may have discounts that include defensive driving training, driver’s education, good driver, student away at school, and multiple autos.
• Esurance has savings for DriveSense, emergency road assistance, anti-lock brakes, paid-in-full, homeowner, claim free, and good driver.
• The Hartford discounts include bundle, anti-theft, air bag, driver training, vehicle fuel type, and defensive driver.

Before you buy a policy, ask each company which discounts you qualify for. Some of the earlier mentioned discounts may not apply to policies in Lubbock. To locate auto insurance companies that provide some of the discounts listed above in Lubbock, click this link.

Local Lubbock insurance agencies

Many people still prefer to sit down and talk to an agent and we recommend doing that The biggest benefit of comparing car insurance online is you can get cheap rate quotes and still buy from a local agent.

For easy comparison, once you complete this quick form, your coverage information is submitted to local insurance agents in Lubbock who will give competitive quotes for your business. It simplifies rate comparisons since you won’t have to visit any agencies since price quotes are sent to the email address you provide. You can most likely find cheaper rates AND an agent nearby. If you need to get a comparison quote from a specific car insurance provider, you would need to find their quoting web page and submit a quote form there.

Finding the right insurance company needs to be determined by more than just the bottom line cost. These are some questions you should get answers to.

• Is working in the agency their full-time job?
• In the event of vehicle damage, can you pick the collision repair facility?
• Are they primarily personal or commercial lines agents in Lubbock?
• Can they provide you with a list of referrals?
• Who are their largest clients?
• Are they paid to recommend certain coverages?
• What company do they have the most business with?
• How many years of experience in personal auto insurance do they have?

Independent or Exclusive: It’s your choice

If you want to use a good insurance agency, there are two different agency structures and how they function. Car insurance agencies are considered either independent (non-exclusive) or exclusive.

Exclusive Insurance Agents

Agents of this type can usually just insure with one company and examples are Allstate, Farmers Insurance, State Farm, and AAA. They usually cannot provide other company’s prices so always compare other rates. They are well trained on the products they sell and that allows them to sell at a higher price point.

Listed below are exclusive insurance agents in Lubbock willing to provide rate quotes.

More Lubbock agents

Independent Agents (or Brokers)

These type of agents do not work for one specific company and that is an advantage because they can write policies with an assortment of companies depending on which coverage is best. If your premiums go up, the business is moved internally without you having to go to a different agency. When comparing car insurance prices, it’s a good idea to include rate quotes from at a minimum one independent agency to have the most options to choose from.

The following are independent insurance agents in Lubbock willing to provide rate quotes.

More Lubbock agents

After you get good feedback for all questions you ask and a good coverage price, most likely you have located an insurance agent that is professional and can insure your vehicles. Just remember it’s your policy and you can cancel coverage for any reason so don’t assume that you are obligated to a policy indefinitely.

Coverages available on your car insurance policy

Understanding the coverages of your car insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverages offered by car insurance companies.

Collision coverage – This pays for damage to your Element resulting from a collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like backing into a parked car, damaging your car on a curb, driving through your garage door, colliding with another moving vehicle and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to increase the deductible on your Element to bring the cost down.

Protection from uninsured/underinsured drivers – This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family and also any damage incurred to your Honda Element.

Because many people only carry the minimum required liability limits (30/60/25 in Texas), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Auto liability insurance – This coverage will cover damage or injury you incur to people or other property that is your fault. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 30/60/25 that translate to $30,000 in coverage for each person’s injuries, a limit of $60,000 in injury protection per accident, and $25,000 of coverage for damaged property.

Liability insurance covers things such as legal defense fees, loss of income, attorney fees and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible. Texas state law requires minimum liability limits of 30/60/25 but it’s recommended drivers buy more coverage.

The next chart shows why minimum state limits may not provide you with enough coverage.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage pay for bills like chiropractic care, dental work, ambulance fees, EMT expenses and rehabilitation expenses. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Comprehensive (Other than Collision) – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like fire damage, damage from getting keyed and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Be persistent and save

Some insurance companies do not provide online rate quotes and most of the time these small insurance companies sell through independent agents. Cheap Honda Element insurance in Lubbock is attainable both online and also from your neighborhood Lubbock agents, and you should compare price quotes from both to have the best selection.

We’ve covered quite a bit of information on how to shop for Honda Element insurance online. The key thing to remember is the more times you quote, the better chance you’ll have of finding affordable Honda Element insurance quotes. You may even be surprised to find that the lowest car insurance rates come from a company that doesn’t do a lot of advertising. Smaller companies may only write in your state and offer lower premium rates than their larger competitors like Progressive or GEICO.

Additional information can be found below:

• Prom Night Tips for Teen Drivers (State Farm)
• Who Has the Cheapest Auto Insurance for a 20 Year Old Male in Lubbock? (FAQ)
• Who Has Cheap Lubbock Auto Insurance for High Risk Drivers? (FAQ)
• Who Has the Cheapest Lubbock Car Insurance Quotes for Drivers with Good Credit? (FAQ)
• How Much are Car Insurance Rates for a GMC Acadia in Lubbock? (FAQ)
• Auto Theft Statistics (Insurance Information Institute)
• Insurance losses by make and model (Insurance Institute for Highway Safety)