Amazingly, a recent NerdWallet.com study showed that over 70% of drivers renewed their policy with the same company for well over three years, and nearly 40% of drivers have never shopped around. Lubbock insurance shoppers can cut their rates by approximately $1,770 a year just by comparing rates, but they don’t believe the rate savings if they replace their high priced policy.
The recommended way to get budget car insurance rates in Lubbock is to compare quotes annually from providers who provide car insurance in Texas. You can compare rates by following these steps.
- It will benefit you to learn about individual coverages and the things you can control to lower rates. Many rating factors that cause high rates such as tickets, at-fault accidents, and a negative credit history can be amended by making minor driving habit or lifestyle changes.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can provide rates from one company like GEICO and Allstate, while independent agencies can quote prices for many different companies. Compare rates
- Compare the quotes to your existing rates to see if you can save by switching companies. If you find better rates and switch companies, ensure coverage does not lapse between policies.
A valuable tip to remember is that you use the same level of coverage on every price quote and and to get price quotes from every company you can. Doing this ensures an accurate price comparison and the best rate selection.
Choosing the best insurance company for you in Lubbock is much easier if you have a good place to start. In essence, every driver who wants cheaper insurance will more than likely find a lower price. Nevertheless, Texas car owners must comprehend the methods companies use to compete online because rates fluctuate considerably.
Low Cost companies for Volvo XC90 insurance
The companies shown below can provide free rate quotes in Texas. If multiple companies are listed, we suggest you visit several of them in order to find the most competitive rates.
Volvo XC90 insurance rate analysis
The data table shown next highlights detailed analysis of insurance premium costs for Volvo XC90 models. Having a good understanding how insurance policy premiums are established can be of help when making informed decisions when shopping around for a new policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $422 | $698 | $500 | $30 | $150 | $1,800 | $150 |
| XC90 3.2 R-Design 2WD | $422 | $698 | $500 | $30 | $150 | $1,800 | $150 |
| XC90 3.2 AWD | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| XC90 V8 AWD | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Price estimates do not factor in your specific Lubbock location which can affect coverage rates greatly.
An analysis of deductible level
A question often asked by Lubbock drivers is which comprehensive and collision deductibles to buy. The rates below may help to illustrate the rate differences between high and low coverage deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $370 | $698 | $382 | $22 | $114 | $1,611 | $134 |
| XC90 3.2 R-Design 2WD | $370 | $698 | $382 | $22 | $114 | $1,611 | $134 |
| XC90 3.2 AWD | $412 | $804 | $382 | $22 | $114 | $1,759 | $147 |
| XC90 V8 AWD | $412 | $804 | $382 | $22 | $114 | $1,759 | $147 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| XC90 3.2 R-Design 2WD | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| XC90 3.2 AWD | $228 | $424 | $382 | $22 | $114 | $1,170 | $98 |
| XC90 V8 AWD | $228 | $424 | $382 | $22 | $114 | $1,170 | $98 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Premium amounts do not factor in specific zip code location which can increase or decrease coverage prices significantly.
Based on this data, we can arrive at the conclusion that using a $100 deductible costs approximately $46 more each month or $552 annually across all Volvo XC90 models than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 20 months between claims, you would save more money if you decide on a higher deductible.
The information below shows how choosing a deductible and can change Volvo XC90 premium costs for different categories of driver ages. The premiums are based on a single female driver, full coverage, and no discounts are taken into consideration.
Poor driving habits will raise your insurance rates
The example below demonstrates how citations and accident claims can influence Volvo XC90 insurance costs for different age groups. The premiums assume a married male driver, comp and collision included, $1,000 deductibles, and no additional discounts are factored in.
Comparison of insurance rates by age and gender
The example below illustrates the comparison of Volvo XC90 auto insurance rates for male and female drivers. The premium estimates are based on no tickets, no at-fault accidents, comp and collision included, $100 deductibles, drivers are single, and no discounts are applied to the premium.
Affordable Lubbock car insurance rates with discounts
Not many people think insurance is cheap, but you may find discounts that can dramatically reduce your bill. A few discounts will be applied when you quote, but once in a while a discount must be specifically requested in order for you to get them. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.
- Buy New and Save – Insuring a new XC90 is cheaper because new vehicles have to meet stringent safety requirements.
- More Vehicles More Savings – Buying insurance for multiple cars or trucks with the same company may reduce the rate for each vehicle.
- Safety Restraint Discount – Forcing all vehicle occupants to use a seat belt can save a little on medical payment and PIP coverage.
- Discount for Swiching Early – A few larger companies give discounts for buying a policy before your current XC90 insurance policy expires. It’s a savings of about 10%.
- Anti-lock Brake Discount – Anti-lock brake equipped vehicles can stop better under adverse conditions and the ABS can save up to 10%.
- Senior Citizen Discount – Drivers that qualify as senior citizens can possibly qualify for a small decrease in premiums.
It’s important to understand that many deductions do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comp or med pay. So when the math indicates it’s possible to get free car insurance, you’re out of luck.
The example below compares Volvo XC90 yearly insurance costs with and without discounts applied to the premium. The premiums assume a male driver, no violations or claims, Texas state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, multi-car, marriage, safe-driver, and homeowner discounts applied.
To choose insurers that offer some of these discounts in Texas, click here.
Eight factors that affect insurance premiums
Lots of factors are part of the calculation when pricing auto insurance. Some are pretty understandable such as traffic violations, but some are more obscure like your continuous coverage or how safe your car is.
Shown below are most of the major factors used by companies to determine your premiums.
Infrequent drivers can save – The higher the mileage driven in a year the more it will cost to insure it. Many insurance companies price each vehicle’s coverage based upon how you use the vehicle. Cars and trucks that do not get driven very much can get a lower rate compared to those used for work or business. Verify your policy states the right rating data, because it can save money. Improper usage on your XC90 can cost quite a bit.
Good credit saves on auto insurance – Having a bad credit score is a large factor in determining premium rates. If your credit history can use some improvement, you could save money insuring your Volvo XC90 by taking the time to improve your credit score. Drivers who have good credit tend to be more responsible as compared to drivers with poor credit scores.
Adjust deductibles and save – The deductibles define the amount you are willing to pay out-of-pocket in the event of a claim. Physical damage protection, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims are a windshield broken by a bird, damage from fire, and damage caused by road hazards. The more damage repair cost the insured is willing to pay, the lower your rates will be.
Eliminate incidental coverages – Insurance policies have a lot of additional extra coverages that you can buy when buying auto insurance. Insurance for roadside assistance, accident forgiveness, and additional equipment coverage may be wasting your money. You may think they are a good idea when talking to your agent, but if you don’t need them consider taking them off your policy.
Better premiums on vehicles with better crash test results – Cars with high safety ratings are cheaper to insure. Vehicles engineered for safety protect occupants better and any reduction in injury severity translates into savings for insurance companies which can result in lower premiums.
Never let your auto insurance policy lapse – Allowing your auto insurance policy to lapse will be a quick way to drive up your policy premiums. And not only will insurance be more expensive, failure to provide proof of insurance may earn you a fine, jail time, or a revoked license.
Where you call home is a factor – Living in areas with lower population has definite advantages when buying auto insurance. People who live in big cities tend to have more traffic problems and longer commutes to work. Less people translates into fewer accidents as well as less vandalism and auto theft.
High performance vehicles cost more to insure – The performance of the vehicle you are buying insurance for makes a substantial difference in your rates. Smaller low performance passenger models receive the most favorable rates, but the final cost of insurance is determined by many other factors.
The data below uses these assumptions: married female driver age 40, full coverage with $250 deductibles, and no discounts or violations. It shows Volvo XC90 policy rates compared to other vehicles that have different performances.
What is the best car insurance coverage?
Always remember that when buying coverage online or from an agent, there is no single plan that fits everyone. Every situation is different and your policy should reflect that.
These are some specific questions may help you determine whether your personal situation would benefit from professional advice.
- What are the best liability limits?
- Where can I get insurance after a DUI in Texas?
- What is glass protection for?
- Why do I need rental car insurance?
- Are my friends covered when driving my car?
- Do I have coverage when using my vehicle for my home business?
- What does medical payments cover?
- Am I getting all the discounts available?
If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.
When to get advice from a local insurance agent
Many drivers still prefer to visit with an insurance agent and doing so can bring peace of mind The best thing about comparing car insurance online is the fact that drivers can get lower premium rates and still choose a local agent.
To find an agent, once you fill out this simple form, your coverage information is transmitted to local insurance agents who will give competitive quotes for your car insurance coverage. There is no need to drive around due to the fact that quote results will go straight to your inbox. You can get cheaper car insurance rates and an insurance agent to talk to. If you need to get a price quote for a specific company, just search and find their rate quote page and give them your coverage information.
Finding the right company requires more thought than just the price. The answers to these questions are important, too.
- Do they offer claims assistance after hours?
- Is there a local claims center in Lubbock?
- What company do they have the most business with?
- How much training do they have in personal risk management?
- What kind of financial rating does the company have?
- Can glass repairs be made at your home?
- If your car is totaled, how to they determine the replacement cost?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
Types of auto insurance agents
When searching for a local Lubbock insurance agency, it’s helpful to know the different types of agencies to choose from. Insurance agencies in Lubbock can be classified as either independent or exclusive depending on the company they work for.
Exclusive Agents
Exclusive agencies can only write with one company like Farmers Insurance and State Farm. Exclusive agents are unable to provide rate quotes from other companies so keep that in mind. Exclusive insurance agents receive a lot of sales training on their company’s products which helps them compete with independent agents. Consumers sometimes buy from the same agent for years mostly because of the prominent brand name and the convenience of having a single billing for all their coverages.
Below are Lubbock exclusive insurance agents who can help you get price quote information.
- Farmers Insurance
3206 34th St – Lubbock, TX 79410 – (806) 791-2892 – View Map - Peter Griffith – State Farm Insurance Agent
409 Frankford Ave – Lubbock, TX 79416 – (806) 785-4456 – View Map - Farmers Insurance – Jules Minne
10210 Frankford Ave Ste 220 – Lubbock, TX 79424 – (806) 783-9519 – View Map
Independent Agents (or Brokers)
Independent agents can sell policies from many different companies so they can insure your vehicles amongst many companies and possibly get better coverage at lower prices. If they find a lower price, they simply switch companies in-house and that require little work on your part.
When shopping rates, you definitely need to get some free quotes from a few independent agents so that you can do a thorough price comparison. Many independent agencies also insure through small mutual carriers that may have much lower rates than larger companies.
Listed below is a list of independent insurance agencies in Lubbock who can help you get price quotes.
- Lubbock AllState Agent
2312 19th St – Lubbock, TX 79401 – (806) 412-1471 – View Map - Alliance Insurance Agency
3307 82nd St – Lubbock, TX 79423 – (806) 792-0135 – View Map - Ashmore and Associates Insurance Agency, LLC
6102 82nd St #6 – Lubbock, TX 79424 – (806) 745-8358 – View Map
Best car insurance in Texas
Choosing a good quality car insurance provider can be challenging considering how many companies there are to choose from in Lubbock. The company rank data shown next may help you select which auto insurance companies to look at purchasing coverage from.
Top 10 Lubbock Car Insurance Companies Overall
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
Top 10 Lubbock Car Insurance Companies Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance
Cheaper insurance is a realistic goal
Some insurance providers do not provide online rate quotes and usually these smaller companies work with local independent agencies. Cheaper Volvo XC90 insurance in Lubbock is definitely available both online as well as from independent agents in Lubbock, and you should be comparing both in order to have the best chance of saving money.
We just presented quite a bit of information on how to reduce Volvo XC90 insurance rates online in Lubbock. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. Consumers could even find that the best price on insurance is with an unexpected company. Smaller companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Allstate, GEICO and Progressive.
For more information, take a look at the following helpful articles:
- Choosing a Car for Your Teen (State Farm)
- Who Has Cheap Car Insurance Rates for a Learners Permit in Lubbock? (FAQ)
- How Much is Lubbock Car Insurance for Uber Drivers? (FAQ)
- How Much are Car Insurance Rates for Drivers Under 21 in Lubbock? (FAQ)
- Who Has Cheap Lubbock Auto Insurance Quotes for Handicapped Drivers? (FAQ)
- Vehicle Insurance (Wikipedia)
- Preventing Carjacking and Theft (Insurance Information Institute)