In Lubbock, the average cost of car insurance is $1,096 per year. This is cheaper than the Texas state average. The cheapest insurer for the average driver is Farmers, but MoneyGeek also analyzed the cheapest providers for different driver profiles and coverage levels. For those looking to balance cost with quality, MoneyGeek recommended the best companies in the city.
bestauto insuranceLubbock2021The Cheapest and Best Car Insurance in Lubbock
Cheapest Overall - Farmers
Best Overall - GEICO
Cheapest State Minimum - Farmers
Cheapest With a Driving Violation - Farmers
The Cheapest Car Insurance Companies in Lubbock
The companies in Lubbock with the cheapest average rates for a full coverage car insurance policy are:
- Farmers: $712 per year
- State Farm: $790 per year
There are several car insurance companies in Lubbock. The most affordable policy for a typical driver is from Farmers Insurance. With Farmers, you can get an average annual premium for $712, which is $384 less than the city average. Following Farmers, as the top five most affordable carriers are State Farm, USAA, GEICO and Esurance. The company with the most expensive car insurance in Lubbock is The General. The General’s average rate is almost three times the cost of an average Farmers policy.
For this study, MoneyGeek used a sample driver profile to collect average car insurance rates in Lubbock. The sample driver is a 40-year-old male with a full coverage policy including liability and comprehensive and collision coverage.
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- CompanyAmountper year
- 1.$712
- 2.$790
- 3.$818
- 4.$853
- 5.$1,011
Average Cost of Car Insurance in Lubbock
Lubbock$1,096
Texas$1,316
U.S.$1,424
On average, a Lubbock driver pays around $1,096 per year for auto insurance. That is less than both the state and national average annual premiums. In comparison, the city average is 16.7% cheaper than the state average. Lubbock drivers also pay 23% less than the average auto insurance rate in the U.S.
The Best Car Insurance Companies in Lubbock
MoneyGeek ranked the best companies in Lubbock for customers who want a balance between affordability and quality service. According to MoneyGeek’s data, the best companies for most drivers are:
- GEICO: MoneyGeek score 85 out of 100
- State Farm: MoneyGeek score 85 out of 100
USAA received the highest score in Lubbock by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
To calculate the final scores out of 100, MoneyGeek analyzed several factors, including J.D. Power user satisfaction, affordability and financial stability ratings.
1
USAA
Score:100
2
GEICO
Score:85
3
State Farm
Score:85
4
Auto Club of Southern California Insurance Group
Score:85
5
Allstate
Score:80
6
Progressive
Score:80
7
Nationwide
Score:80
8
Farmers
Score:78
9
Liberty Mutual
Score:73
Personalized Quotes to Get You the Cheapest Car Insurance in Lubbock
The risks related to a specific driver also play an important role in determining the cost of car insurance in Lubbock. Insurance carriers look at your age, driving history, credit score, driving experience, car make and model and gender. For instance, teen drivers in the city get higher premiums compared to middle-aged drivers. Since individual circumstances can change after some time, it is best to get personalized car insurance quotes in Lubbock regularly. Doing so will also help you find out if you are qualified for certain rebates or discounts.
Shopping around for car insurance in Lubbock could save you $384, which is enough to buy:
128Cups of Coffee
30Months of Your Favorite Streaming Service
Cheapest Car Insurance in Lubbock by Coverage Amount
In Lubbock and elsewhere, how much coverage you include in your policy greatly influences your car insurance prices. For example, a state minimum liability policy costs an average of $529 per year, while a full coverage policy with higher liability limits costs $1,096 on average. That is a difference of $567.
Texas Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$30,000 per person, $60,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.
In determining the best car insurance in Lubbock, you should find out which coverage type and level is suitable for you. Typically, a state minimum liability-only policy costs less. You can get one with Farmers for an average of $357 per year. However, purchasing more coverage will provide additional protection.
Lubbock drivers can have a 50/100/50 liability-only or full-coverage plan. With this coverage, you can claim up to $50,000 in personal injuries, $100,000 for the accident and $50,000 for property damage. In some car insurance companies in Lubbock, the difference between the two is minimal. If that is the case, choosing full coverage may be a good idea. For example, the difference for Esurance policyholders is only about $239.
You can also choose comprehensive protection that covers all possible injuries and vehicle damages. Car insurance companies in Lubbock have 100/300/100 full coverage.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$357$376
- 2.$347$380
- 3.$415$464
- 4.$452$489
- 5.$499$555
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$677$712
- 2.$759$818
- 3.$724$790
- 4.$785$853
- 5.$941$1,017
Cheapest Car Insurance in Lubbock if You Have Driving Violations
Making sure that you have a clean driving record gives you access to cheap car insurance in Lubbock. Moving violations, such as speeding tickets, DUI and at-fault accidents contribute to the increase in annual premiums. For instance, a Farmers policy costs an average of $712 per year for a driver with a clean record. However, the price increases to an average of $930 if the customer gets speeding tickets. Also, an at-fault accident causes an average $300 increase. A DUI will change the rate to an average of $1,044.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$930$1,012$1,044
- 2.$790$952$1,330
- 3.$918$1,258$1,203
- 4.$997$1,188$1,449
- 5.$1,011$2,219$1,011
Average Cost of Car Insurance by Postal Code
ZIP codes have their own average car insurance rates in Lubbock because of differences in traffic density, rates of auto accidents and more. Insurance providers analyze state minimum liability requirements, the number of drivers in the area, and city crime statistics. ZIP code 79416 has the most expensive average annual premium at $1,113. The most affordable neighborhood is 79424 where the average annual premium is $39 cheaper.
- Zip CodeState Minimumper year
- 79424$1,075
- 79423$1,100
- 79416$1,113
Insurance Providers That Serve Lubbock
Factors That Impact Insurance Costs in Lubbock
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Lubbock. How Lubbock ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Lubbock are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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