For teen drivers, one of the largest criteria that are looked at to determine car insurance rates is where you normally keep your vehicle. Areas with more people or more claims likely pay more, whereas areas that tend to be more rural benefit from lower prices.
The next table ranks the most costly cities in Texas for 18 year olds to purchase car insurance in. Lubbock is ranked #14 with an annual cost of $1,682 for the average policy, which is about $140 monthly.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | McAllen | $1,996 |
| 2 | Dallas | $1,911 |
| 3 | Brownsville | $1,908 |
| 4 | Laredo | $1,889 |
| 5 | Houston | $1,853 |
| 6 | Amarillo | $1,840 |
| 7 | Mesquite | $1,807 |
| 8 | Garland | $1,778 |
| 9 | Pasadena | $1,740 |
| 10 | Grand Prairie | $1,740 |
| 11 | Irving | $1,736 |
| 12 | San Antonio | $1,722 |
| 13 | Beaumont | $1,720 |
| 14 | Lubbock | $1,682 |
| 15 | Arlington | $1,658 |
| 16 | Carrollton | $1,647 |
| 17 | Austin | $1,627 |
| 18 | Corpus Christi | $1,620 |
| 19 | El Paso | $1,616 |
| 20 | Plano | $1,608 |
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Prices are comparative as specific location information can revise prices significantly.
Finding low-cost car insurance is challenging, and determining which companies have the most affordable car insurance rates for 18 year olds involves even more rate comparisons. Every car insurance company has a proprietary formula for determining rates in each state, so let’s take a look at the car insurance companies that tend to be cheaper in Texas.
Find the Cheapest Auto Insurance for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $1,052 |
| 2 | USAA | $1,095 |
| 3 | Texas Farm Bureau | $1,211 |
| 4 | Germania Mutual | $1,282 |
| 5 | Esurance | $1,379 |
| 6 | California Casualty | $1,438 |
| 7 | State Farm | $1,450 |
| 8 | Mercury | $1,476 |
| 9 | Nationwide | $1,553 |
| 10 | Safe Auto | $1,613 |
| 11 | Progressive | $1,647 |
| 12 | Allstate | $1,650 |
| 13 | Amica | $1,723 |
| 14 | Home State | $2,134 |
| 15 | GEICO | $2,156 |
| 16 | Encompass | $2,232 |
| 17 | MetLife | $2,249 |
| 18 | Unitrin | $2,333 |
| 19 | 21st Century | $2,469 |
| 20 | Titan | $2,646 |
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Travelers normally has some of the lowest car insurance rates in Lubbock at around $1,052 each year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also rank well as some of the cheaper Lubbock, TX auto insurance companies.
In the above rates, if you are insured with Germania Mutual and switched to USAA, you could see a yearly savings of in the vicinity of $187. Drivers with Esurance may save as much as $284 a year, and California Casualty policyholders might see rate reductions of $343 a year.
To see if you’re overpaying, click here to begin a quote or feel free to get quotes from the companies below.
It’s important to note that these policy prices are averaged for all insureds and vehicles and do not factor in an exact zip code location for 18 year olds. So the company that can offer you the lowest price may not even be in the list above. That points out the importance of why you need to get car insurance quotes using your own personal information and vehicle type.
How accidents and tickets impact rates in Lubbock
The easiest way to get good car insurance prices in Lubbock for teen drivers is to be a good driver and avoid tickets and accidents. The information below shows how speeding tickets and fender-benders drive up premium costs for each different age group. The prices are based on a married male driver, comp and collision included, $100 deductibles, and no discounts are applied to the premium.
In the previous example, the average cost of a car insurance policy in Lubbock per year with a clean driving record and no accidents is $2,490. Factor in one speeding ticket and the average cost surges to $2,859, an increase of $369 each year. Then add in two accidents along with the one speeding ticket and the 12-month cost of car insurance for 18 year olds goes up to an average of $5,990. That’s an increase of $3,500, or $292 per month, just for not keeping your driving record clean!
Discount Lubbock insurance
Insurance providers that provide coverage for 18 year olds may provide policy discounts that could reduce prices by 30% or more if you meet eligibility requirements. Popular car insurance companies and their offered discounts can be found below.
- State Farm offers premium reductions for accident-free, good driver, safe vehicle, good student, multiple policy, and student away at school.
- GEICO offers discounts for daytime running lights, anti-theft, seat belt use, air bags, defensive driver, and multi-policy.
- Liberty Mutual policyholders can earn discounts including newly married, new vehicle discount, new move discount, safety features, and teen driver discount.
- The Hartford offers discounts including vehicle fuel type, driver training, air bag, good student, and defensive driver.
- MetLife discounts include good driver, accident-free, claim-free, defensive driver, multi-policy, good student
- Progressive may offer discounts for online signing, multi-vehicle, continuous coverage, homeowner, good student, multi-policy, and online quote discount.
The chart below shows the difference between insurance costs with and without some available policy discounts. The prices are based on a male driver, no accidents, no driving violations, Texas state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with anti-theft, good student, passive restraint, paid-in-full, paperless filing, and vehicle safety discounts applied. When discounts are factored in, the average amount saved each year on car insurance for 18 year olds is 28% or $759.
The chart below illustrates how your deductible choice can increase or decrease annual premium costs when searching for cheap insurance for 18 year olds. The information is based on a married male driver, full coverage, and no discounts are factored in.
The chart above illustrates that a 40-year-old driver could lower rates by $264 a year by changing from a $100 deductible to a $500 deductible, or save $402 by changing to a $1,000 deductible. Young drivers, like the 20-year-old category, could lower their rates $884 annually by choosing larger deductibles on their policy.
When using a larger deductible, it is necessary to have plenty of discretionary funds to enable you to cover the extra out-of-pocket expense that comes with higher deductibles.
Tips to find low-cost auto insurance for 18 year olds
The list below details many thrifty solutions that can help Texas drivers find low-cost car insurance.
- Avoid speeding and other traffic citations and pay less
- Vehicles with good safety ratings have lower liability rates
- Do not file small claims
- Drive attentively and avoid accidents
- Buy your auto and home insurance from the same company and save
- Compare prices as often as possible
That last idea is highly valuable, as we hit on in the prior article. Insurance rates in Lubbock vary greatly, so drivers shouldn’t be reluctant to buy a policy from a new company if you find a better deal.
Many drivers tend to have loyalty to a certain company, but it’s not recommended if that stubbornness costs you a wad of cash every year. Take a few minutes and compare prices and find cheaper auto insurance for 18 year olds.