Auto Insurance Quotes for a Dodge Ram 2500 in Lubbock

Really, the only way to get budget Dodge Ram 2500 insurance is to regularly compare price quotes from providers who sell auto insurance in Lubbock.

• First, read about how companies price auto insurance and the measures you can take to lower rates. Many things that increase rates such as traffic citations, accidents, and poor credit history can be improved by making small lifestyle or driving habit changes. Keep reading for tips to get lower rates and get additional discounts.
• Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like Progressive or Allstate, while agents who are independent can provide prices from multiple insurance companies. Find a Lubbock insurance agent
• Third, compare the quotes to your existing policy to see if you can save by switching companies. If you find better rates and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
• Fourth, provide notification to your current company to cancel your existing policy and submit the signed application along with the required initial payment to the newly selected company. Once received, keep your new proof of insurance paperwork somewhere easily accessible.

The most important part of this process is to try to compare identical limits and deductibles on every quote request and and to get price quotes from every company you can. This helps ensure an apples-to-apples comparison and a better comparison of the market.

Unimaginable but true, almost 70% of drivers have bought auto insurance from the same company for at least four years, and 38% of customers have never compared rates to find cheap insurance. Lubbock drivers could save themselves almost $1,770 a year just by getting comparison quotes, but they don’t know the amount of money they would save if they replace their high priced policy.

Finding the cheapest coverage in Lubbock can be much easier if you know how to start. Just about every person who wants cheaper auto insurance will find better rates. But Texas car owners need to learn how insurance companies price online insurance and use it to your advantage.

Score discounts on Lubbock auto insurance

Some insurers don’t always advertise all discounts in an easy-to-find place, so we took the time to find both the well known in addition to some of the lesser obvious credits that you can use to lower your rates. If you aren’t receiving every discount you qualify for, you are just wasting money.

• Claim Free – Lubbock drivers who stay claim-free pay much less when compared to accident-prone drivers.
• Drivers Education – Teen drivers should enroll and complete driver’s education as it will make them better drivers and lower rates.
• Safety Course Discount – Completing a class that teaches defensive driver techniques could earn you a small percentage discount and make you a better driver.
• Air Bag Discount – Cars that have air bags and/or automatic seat belt systems can receive discounts as much as 30%.
• Low Miles Discount – Low mileage vehicles could earn discounted rates on garaged vehicles.
• Save over 55 – Seniors can get reduced rates.
• Theft Deterrent System – Cars, trucks, and SUVs optioned with advanced anti-theft systems prevent vehicle theft and can earn a small discount on your policy.

Don’t be surprised that most of the big mark downs will not be given to the whole policy. Most only cut the price of certain insurance coverages like comp or med pay. So even though you would think all those discounts means the company will pay you, you won’t be that lucky.

The chart below visualizes the comparison of Dodge Ram 2500 annual premium costs with and without discounts applied. The premiums assume a female driver, no accidents or driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, multi-policy, claim-free, and marriage discounts applied.

To view companies with discount rates in Texas, click here to view.

When comparison shopping, there are several ways of comparing price quotes from different companies. The best method to lower the rate you pay for Dodge Ram 2500 insurance is to perform an online rate comparison.

Getting price quotes online is very simple and it makes it obsolete to drive around to each insurance agency near you. Comparing Dodge Ram 2500 insurance rates online can eliminate the need for a local agent unless your situation requires the professional abilities that can only be provided by a licensed insurance agent. Although you can get prices online but buy the policy through an agent. Keep in mind that comparing a wide range of rates increases your odds of finding the best price.

The following companies provide free quotes in Lubbock, TX. If you want to find the best auto insurance in Texas, we suggest you compare several of them to get the lowest price.

Coverage analysis

The price information displayed below covers a range of rate quotes for Dodge Ram 2500 models. Learning as much as possible about how premiums are calculated can assist in making decisions on which insurance to purchase.

Data rating is based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Table data does not factor in zip code location which can modify coverage rates considerably.

The chart below demonstrates how deductible levels and can raise or lower Dodge Ram 2500 yearly insurance costs for different ages of insureds. The prices are based on a married male driver, comp and collision included, and no discounts are factored in.

Dodge Ram 2500 insurance rates by age and gender

The diagram below visualizes the comparison of Dodge Ram 2500 insurance premiums for male and female drivers. The rates are based on no accidents or driving violations, comprehensive and collision coverage, $500 deductibles, drivers are single, and no other discounts are factored in.

Liability only or full coverage

The chart below compares Dodge Ram 2500 insurance prices with and without physical damage coverage. The premiums are based on no violations or claims, $250 deductibles, drivers are single, and no discounts are applied.

Should you buy full coverage or liability only?

There is no written rule to exclude comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost of comp and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.

For example, let’s say your Dodge Ram 2500 settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after the policy deductible has been paid. If you are paying in excess of $200 annually for your policy with full coverage, then you might consider buying liability only.

There are some cases where dropping full coverage is not advised. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

When should I contact an insurance agent?

Many drivers prefer to sit down with an agent and that is not a bad decision A nice benefit of comparing rate quotes online is the fact that drivers can get lower prices but also keep your business local.

To help locate an agent, after submitting this short form, your insurance coverage information is instantly submitted to participating agents in Lubbock that give free quotes for your business. It simplifies rate comparisons since you won’t have to leave your house as quotes are delivered to you instantly. Get lower rates and work with a local agent. If for some reason you want to quote rates from a specific company, you would need to jump over to their website and complete a quote there.

Selecting an provider is decision based upon more than just a cheap quote. Some important questions to ask are:

• Are there any discounts for paying up front?
• Do they have 24-hour customer assistance?
• Can you use your own choice of collision repair facility?
• How much will you save each year by using a higher deductible?
• Where would glass claims be handled in Lubbock?
• What are the financial ratings for the companies they represent?

When looking for a good Lubbock insurance agent, there are two different types of agents and how they differ in how they quote coverages. Auto insurance policy providers are categorized either independent or exclusive depending on the company they work for.

Exclusive Auto Insurance Agencies

Agents that choose to be exclusive can only quote rates from one company and examples are AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agencies are unable to place coverage with different providers so they really need to provide good service. They are highly trained on what they offer which helps offset the inability to provide other markets.

The following is a short list of exclusive insurance agencies in Lubbock that can give you rate quotes.

More insurance agents

Independent Agencies or Brokers

Independent agencies are not employed by one company so they can write business through many different auto insurance companies and help determine which has the cheapest rates. To transfer your coverage to a different company, they simply move your policy to a different company and that require little work on your part.

When comparing auto insurance prices, we recommend you include a few independent agents to have the best price comparison.

Shown below are independent insurance agencies in Lubbock that are able to give rate quotes.

More insurance agents

Upon receiving answers to your satisfaction to any questions you may have as well as an affordable premium quote, most likely you have located an insurance agency that is a good match to insure your vehicles. But remember, it’s your coverage and you can terminate coverage for any reason so don’t assume you’re contractually obligated to a policy for a certain time period.

Insurance protects more than just your car

Even though Lubbock Ram 2500 insurance rates can get expensive, insurance may be mandatory for several reasons.

• Almost all states have minimum liability requirements which means you are required to carry a specific minimum amount of liability coverage 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 took out a loan on your Dodge Ram 2500, almost every bank will require that you have insurance to guarantee payment of the loan. If you default on your policy, the bank may buy a policy for your Dodge at a more expensive rate and force you to reimburse them much more than you were paying before.
• Insurance safeguards not only your car but also your assets. Insurance will pay for medical bills for yourself as well as anyone injured by you. One policy coverage, liability insurance, also covers legal expenses if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.

The benefits of buying insurance definitely exceed the cost, specifically if you ever have a liability claim. On average, a vehicle owner in Lubbock overpays more than $820 a year so it’s important to compare rates at every renewal to be sure current rates are still competitive.

Auto insurance coverage specifics

Knowing the specifics of a auto insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. Shown next are typical coverages found on the average auto insurance policy.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like prosthetic devices, chiropractic care, X-ray expenses and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

This coverage pays to fix your vehicle from damage from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims like scraping a guard rail, sustaining damage from a pot hole and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to bump up the deductible on your Ram 2500 to save money on collision insurance.

Comprehensive insurance

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like a tree branch falling on your vehicle, hitting a bird and fire damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto liability

This coverage will cover damages or injuries you inflict on other people or property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 30/60/25 that translate to a limit of $30,000 per injured person, a limit of $60,000 in injury protection per accident, and $25,000 of coverage for damaged property.

Liability coverage pays for claims such as repair costs for stationary objects, court costs, medical expenses, loss of income and attorney fees. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford. Texas requires drivers to carry at least 30/60/25 but you should consider buying more coverage.

The chart below shows why minimum state limits may not provide adequate coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Dodge Ram 2500.

Since many Texas drivers only purchase the least amount of liability that is required (30/60/25 in Texas), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Lubbock car insurance companies

Buying coverage from the right car insurance company is difficult considering how many companies there are in Texas. The company information shown below could help you pick which insurers to look at putting your business with.

Top 10 Lubbock Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

More comparisons equals affordable rates

The cheapest Dodge Ram 2500 insurance in Lubbock can be purchased online and from local agencies, and you should be comparing both so you have a total pricing picture. There are still a few companies who may not have price quotes online and usually these small, regional companies prefer to sell through local independent agencies.

We covered a lot of ways to get a better price on Dodge Ram 2500 insurance in Lubbock. The key thing to remember is the more rate comparisons you have, the better likelihood of getting inexpensive Lubbock auto insurance quotes. You may even be surprised to find that the lowest prices come from a small local company. They can often insure niche markets at a lower cost than their larger competitors like State Farm or Progressive.

When shopping online for car insurance, make sure you don’t buy poor coverage just to save money. There are too many instances where consumers will sacrifice comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. Your goal should be to buy the best coverage you can find at a price you can afford.

Additional detailed information is located in the articles below:

• Property Damage Coverage (Liberty Mutual)
• Who Has Affordable Lubbock Car Insurance Rates for Good Drivers? (FAQ)
• Understanding Limits and Deductibles (Allstate)
• Auto Insurance for Teen Drivers (Insurance Information Institute)