As the 11th largest city in Texas, Lubbock offers residents an affordable cost of living, thriving job market, and access to amenities like Texas Tech University. But when it comes to insurance, many Lubbock homeowners and drivers turn to State Farm.
As the #1 insurer of cars and homes in the U.S., State Farm has a strong presence in Lubbock. This article will explore what State Farm insurance offers locally, average rates, discounts, and how to find the right State Farm agent for your needs.
State Farm Insurance Options in Lubbock
State Farm provides a wide range of insurance policies to protect Lubbock families and businesses:
Auto Insurance
- Liability – pays for injury/damage you cause others
- Collision – covers damage to your car from accidents
- Comprehensive – covers non-collision damage like weather, theft
- Uninsured motorist – protects you if hit by uninsured driver
- Medical payments – covers medical bills after an accident
Homeowners Insurance
- Dwelling coverage – pays to repair/rebuild home if damaged
- Personal property – covers belongings like furniture, clothes, electronics
- Liability – protects if someone is injured on your property
- Additional living expenses – pays for lodging if home is unlivable
Renters Insurance
- Personal property – covers belongings if stolen or damaged
- Liability – protects if someone is injured in rental
- Loss of use – pays hotel costs if rental is unlivable
Condo Insurance
- Dwelling – covers interior if condo building is damaged
- Personal property – protects belongings inside unit
- Loss assessment – pays special assessments charged after covered loss
Business Insurance
- Business owners policy – packages property and liability
- Workers’ comp – covers injuries employees sustain on the job
- Commercial auto – protects business vehicles
Life Insurance
- Term life – temporary coverage with set payout if you die
- Whole life – permanent coverage with cash value savings
- Universal life – flexible permanent coverage and savings
Health Insurance
- Short-term disability – replaces income if you can’t work due to illness/injury
- Long-term disability – protects if disability lasts beyond short-term period
- Medicare supplement – helps pay Medicare out-of-pocket costs
Average Cost of State Farm Insurance in Lubbock
State Farm insurance rates in Lubbock vary based on your unique situation. Here are a few examples of average annual premiums:
- Auto insurance – $1,524
- Homeowners insurance – $1,249
- Renters insurance – $187
- Condo insurance – $406
- Life insurance (30-year-old) – $160-$240 per $100,000 coverage
Of course, your actual State Farm quote will depend on factors like your age, driving record, claims history, property details, and more. The best way to find your price is to get a custom State Farm quote.
Discounts to Lower Your State Farm Rates
State Farm offers many discounts to Lubbock customers to help lower insurance premiums:
Auto Discounts
- Multi-vehicle
- Good driver
- Defensive driving course
- Anti-theft devices
- Good student
- Distance student
- Anti-lock brakes
- Automatic seat belts
- Multiple policies
Home Discounts
- Multi-policy
- New home
- Protective devices like alarm, sprinklers, lightning rods
- Claim-free
- Retirement community
- Renewability
Ways to Bundle and Save
You can bundle multiple State Farm policies together to save up to 20% or more. Popular bundles include:
- Auto + home
- Auto + condo
- Auto + renters
- Auto + life
- Home + life
How to Find a Local State Farm Agent in Lubbock
When getting State Farm insurance quotes, you’ll want to partner with an agent who provides excellent service. There are over 20 State Farm agents available to Lubbock residents:
Top-Rated Local Agents
Based on customer reviews, a few recommended agents in Lubbock are:
- Mark Jennings
- Mason Coor
- Dick Phillips
- Lisa Caldwell
- Jason Grisham
Help Cho
State Farm Insurance, Company Review – Why they have been #1 since 1942
FAQ
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