Unbelievable but true, nearly 70% of customers have purchased from the same company for well over three years, and just under half have never quoted rates to find cheaper coverage. Most drivers in the U.S. could cut their rates by 47% a year by just comparing rate quotes, but they don’t want to spend time to compare rate quotes.
If you want to save money, the best way to find the cheapest price for auto insurance rates in Lubbock is to make a habit of comparing prices annually from insurers who provide auto insurance in Texas.
- First, try to learn a little about the different coverages in a policy and the measures you can control to keep rates down. Many rating factors that drive up the price such as speeding tickets, accidents and an imperfect credit rating can be improved by making minor changes in your lifestyle. Keep reading for instructions to help prevent high rates and find missing discounts.
- Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like GEICO or State Farm, while independent agencies can give you price quotes from multiple sources.
- Third, compare the new rate quotes to your existing policy to determine if switching companies saves money. If you can save some money and make a switch, make sure coverage is continuous and does not lapse.
- Fourth, give notification to your agent or company to cancel your current auto insurance policy and submit payment along with a signed and completed policy application to the new company. Immediately upon receiving it, place the new proof of insurance certificate along with the vehicle’s registration papers.
The most important part of shopping around is to try to compare the same coverage limits and deductibles on every quote request and and to get price quotes from as many carriers as you can. This ensures a level playing field and the most accurate and complete price analysis.
Finding cheap Lubbock car insurance quotes doesn’t have to be difficult. The only requirement is to spend a few minutes comparing rates to see which company has affordable Infiniti M45 insurance quotes.
The companies shown below are ready to provide quotes in Lubbock, TX. If you want the best cheap car insurance in Texas, we suggest you compare several of them in order to get a fair rate comparison.
Infiniti M45 coverage analysis
The rate table shown next outlines detailed analysis of coverage prices for Infiniti M45 models. Learning more about how auto insurance policy rates are established can benefit drivers when making smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| M45 X AWD 4-Dr | $326 | $706 | $462 | $28 | $138 | $1,660 | $138 |
| M45 4-Dr Sedan | $326 | $706 | $462 | $28 | $138 | $1,660 | $138 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Information does not factor in specific location which can influence auto insurance rates greatly.
The information below demonstrates how choosing different deductibles and can increase or decrease Infiniti M45 insurance prices for different categories of driver ages. The costs are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Cost of full coverage
The diagram below shows the difference between Infiniti M45 premium costs with full physical damage coverage compared to only buying liability only. The price estimates are based on no accidents, no driving violations, $100 deductibles, marital status is single, and no other discounts are factored in.
When to stop buying physical damage coverage
There is no definitive formula of when to stop paying for physical damage coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Infiniti M45 book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after you pay the deductible. If you are paying more than $200 annually to have full coverage, then you may want to consider only buying liability coverage.
There are a few cases where dropping physical damage coverage is not recommended. If you haven’t satisfied your loan, you must maintain physical damage coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not buy liability only.
Why you need insurance for your M45
Even though Lubbock M45 insurance rates can get expensive, maintaining insurance is a good idea for several reasons.
- The majority of states have mandatory insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance if you want to drive 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 Infiniti, most lenders will require you to have comprehensive coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the bank may buy a policy for your Infiniti at a much higher premium rate and require you to reimburse them a much higher amount than you were paying before.
- Car insurance preserves both your vehicle and your assets. It will also provide coverage for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance also pays for attorney fees and expenses if you are sued as the result of your driving. If you have damage to your Infiniti as the result of the weather or an accident, your car insurance policy will cover the damage repairs after a deductible is paid.
The benefits of having insurance greatly outweigh the cost, specifically if you ever have a liability claim. But the average American driver overpays more than $750 every year so it’s important to compare rates at least once a year to ensure rates are inline.
How You Can Control Infiniti M45 Insurance Premiums
Many things are part of the equation when you get a price on insurance. A few of the factors are predictable such as your driving history, although some other factors are not quite as obvious such as your credit history or how safe your car is. An important part of buying insurance is that you know some of the things that come into play when calculating the rates you pay for insurance. If you know what impacts premium levels, this empowers consumers to make smart changes that may reward you with cheaper rates.
Listed below are some of the major factors insurance companies consider when setting your prices.
Higher rates for stressful jobs – Did you know that where you work can have an impact on rates? Jobs such as lawyers, air traffic controllers, and stock brokers tend to pay higher premiums than the average policyholder due to high stress and long work days. On the other hand, occupations such as actors, historians and retirees receive lower rates.
Drive lots and pay more – The more you drive in a year’s time the more it will cost to insure it. Most companies charge rates partially by how you use the vehicle. Vehicles left parked in the garage can get a lower rate than cars that get driven a lot. It’s always a good idea to double check that your insurance coverage is showing the correct usage for each vehicle. Having an incorrect usage rating on your M45 may be costing you.
High performance vehicles cost more to insure – The type of car, truck or SUV you are trying to find cheaper insurance for makes a substantial difference in your car insurance bill. The lowest premiums are for lower cost passenger cars, but your final cost has many other factors.
The next chart assumes a married male driver age 30, full coverage with $500 deductibles, and no discounts or violations. The chart compares Infiniti M45 car insurance rates compared to other makes and models that have different performances.
Minor frequent insurance claims are not good – If you tend to file frequent claims, you should expect either policy cancellation or increased premiums. Insurance companies in Texas give the best rates to drivers who do not rely on their insurance for small claims. Your insurance policy is meant to be used in the event of more catastrophic claims.
Poor credit score equals high prices – A driver’s credit history is likely to be a major factor in calculating your premium rate. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have lower ratings. If your credit rating could use some work, you could save money insuring your Infiniti M45 by improving your rating.
Safer cars save money – Vehicles with good safety scores tend to be cheaper to insure. The safest vehicles help reduce the chance of injuries in an accident and lower injury rates means less claims paid and cheaper rates on your policy.
Save with these discounts on Infiniti M45 insurance in Lubbock
Auto insurance is not an enjoyable expense, but you may qualify for discounts that you may not even know about. A few discounts will automatically apply at the time of quoting, but a few need to be manually applied before they will apply.
- Air Bag Discount – Vehicles equipped with air bags or automatic seat belts may qualify for discounts of 20 to 30 percent.
- Claim-Free Discount – Insureds with no claims or accidents are rewarded with significantly better rates on Lubbock auto insurance quote compared to drivers with a long claim history.
- Homeowners Savings – Simply owning a home can save a few bucks because owning a home requires personal responsibility.
- Driver’s Ed – Teen drivers should enroll and complete driver’s education if offered at their school.
- Resident Student – Any of your kids living away from Lubbock attending college and don’t have a car can be insured at a reduced rate.
While discounts sound great, it’s important to understand that most of the big mark downs will not be given to the entire policy premium. Most cut specific coverage prices like physical damage coverage or medical payments. So even though it sounds like you can get free auto insurance, insurance companies wouldn’t stay in business.
The information below shows the comparison of Infiniti M45 auto insurance rates with and without discounts applied to the rates. Data assumes a female driver, no violations or claims, Texas state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, multi-car, marriage, claim-free, and safe-driver discounts applied.
A few popular companies and some of the discounts are included below.
- State Farm has discounts for defensive driving training, accident-free, driver’s education, good driver, multiple policy, student away at school, and Drive Safe & Save.
- Farmers Insurance may offer discounts for good student, business and professional, multi-car, youthful driver, and mature driver.
- Progressive may include discounts for online quote discount, homeowner, good student, multi-policy, multi-vehicle, and online signing.
- GEICO offers premium reductions for anti-lock brakes, seat belt use, multi-vehicle, military active duty, five-year accident-free, driver training, and multi-policy.
- Auto-Owners Insurance policyholders can earn discounts including safe vehicle, air bags, mature driver, safe driver, group or association, paperless, and multiple vehicles.
- The Hartford may have discounts that include air bag, bundle, vehicle fuel type, anti-theft, defensive driver, and good student.
- Farm Bureau discounts include driver training, renewal discount, safe driver, 55 and retired, youthful driver, and good student.
- USAA includes discounts for new vehicle, good student, annual mileage, family discount, and multi-vehicle.
Double check with all the companies the best way to save money. A few discounts may not apply to policyholders in Lubbock. If you would like to see a list of insurance companies with discount auto insurance rates in Texas, follow this link.
Neighborhood agents and auto insurance
Some people would rather get advice from a local agent and that can be a great decision Most agents are highly skilled in risk management and help in the event of a claim. The best thing about comparing auto insurance online is the fact that drivers can get cheap auto insurance rates but still work with a licensed agent.
To find an agent, once you fill out this form (opens in new window), your information is immediately sent to participating agents in Lubbock that provide free Lubbock auto insurance quotes and help you find cheaper coverage. You won’t even need to drive around because prices are sent immediately to your email address. If for some reason you want to compare rates from a specific auto insurance provider, you just need to visit that company’s website and submit a quote form there.
Selecting an insurer requires you to look at more than just the quoted price. Any good agent in Lubbock should know the answers to these questions.
- Do they have 24-hour customer assistance?
- Did they already check your driving record and credit reports?
- Is there a Errors and Omissions policy in force?
- How experienced are they in personal risk management?
- Are you getting all the discounts the company offers?
- Are claims handled at the agent’s location?
- Do they have designations such as AIC, CPCU, or CIC?
Pick the best auto insurance agent in Lubbock for you
If you would like to find a reliable insurance agent, it helps to know the two types of insurance agents and how they are slightly different. Lubbock agents are classified as either exclusive or independent. Either one can properly insure your vehicles, but we need to point out why they differ since it can affect which type of agent you select.
Exclusive Insurance Agents
Agents in the exclusive channel work for only one company such as Allstate, Farmers Insurance, State Farm, and AAA. These agents are not able to shop your coverage around so it’s a take it or leave it situation. These agents are trained well on their company’s products which helps them sell insurance even at higher premiums. A lot of people buy from exclusive agents mostly because of loyalty to the company rather than having low rates.
Below is a list of exclusive insurance agencies in Lubbock that can give you price quote information.
- Dick Phillips – State Farm® Insurance Agent
5740 82nd St – Lubbock, TX 79424 – (806) 799-4651 – View Map - Allstate Insurance Agent: Patrick Bailey
6701 Aberdeen Ave Ste 2 – Lubbock, TX 79424 – (806) 798-1340 – View Map - Peter Griffith – State Farm Insurance Agent
409 Frankford Ave – Lubbock, TX 79416 – (806) 785-4456 – View Map
Independent Agents
These type of agents can quote rates with many companies so they have the ability to put coverage through lots of different companies and find you cheaper rates. If they quote lower rates, an independent agent can move your coverage and you don’t have to switch agencies. If you are comparing auto insurance prices, we highly recommend that you get quotes from a few independent agents for maximum quote selection. Many write coverage with lesser-known insurance companies that many times have cheaper rates.
The following is a list of independent agencies in Lubbock that are able to give rate quotes.
- Alliance Insurance Agency
3307 82nd St – Lubbock, TX 79423 – (806) 792-0135 – View Map - Alan Henry Insurance Agency
3405 19th St – Lubbock, TX 79410 – (806) 792-3771 – View Map - Circle Insurance
6520 University Ave – Lubbock, TX 79412 – (806) 797-4131 – View Map
Auto insurance company ratings
Picking a highly-rated insurer can be challenging considering how many different insurance companies sell coverage in Lubbock. The ranking data shown next could help you choose which car insurance companies you want to consider purchasing a policy from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Persistent drivers can save
As you shop your coverage around, never reduce coverage to reduce premium. There are a lot of situations where consumers will sacrifice collision coverage only to regret that it was a big mistake. Your strategy should be to purchase plenty of coverage for the lowest price while not skimping on critical coverages.
Affordable Infiniti M45 insurance in Lubbock is possible both online and also from your neighborhood Lubbock agents, so you should be comparing quotes from both to have the best selection. Some car insurance companies don’t offer price quotes online and these regional insurance providers only sell through local independent agents.
In this article, we covered a lot of tips how to save on Infiniti M45 insurance in Lubbock. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your prices. Consumers may even find the most savings is with the least-expected company.
More detailed car insurance information is available by following these links:
- Eight Auto Insurance Myths (Insurance Information Institute)
- Who Has Affordable Lubbock Auto Insurance for a School Permit? (FAQ)
- Who Has Cheap Lubbock Auto Insurance Rates for Drivers with Accidents? (FAQ)
- Who Has Affordable Auto Insurance for College Graduates in Lubbock? (FAQ)
- Who Has the Cheapest Lubbock Auto Insurance Quotes for a Toyota RAV4? (FAQ)
- How Much is Lubbock Auto Insurance for a Nissan Altima? (FAQ)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)