Allstate Insurance Locations & Hours Near Lubbock, TX - YP.com
04/02/2016
By: Dallas G.
Grimes Insurance Agency Inc
It is a privilege to write a review about Grimes Insurance Agency in Lubbock. We have been customers of Grimes Insurance for more than twenty five years. They have always been one step ahead of us when we have had any kind of a problem. The agents have always gone above and beyond our expectations to make sure that we were completely satisfied in every situation. We moved to Jacksonville, Texas twenty three years ago, and there is no other insurance company for us except Grimes Insurance in Lubbock. Even living out of town, they are quick to help us. I would never dream of changing companies. The personnel sell the company and Marianna Grimes is a class act. Not only do the agents exhibit expertise and professionalism, but they also become your friend.
user avatar
12/29/2015
By: Matt R.
Allstate Insurance Agent: Russell Donaway
Russell Donaway Allstate has provided Insurance for my family and business for the last 13 years. Trusted friend and business. Matthew R. Roeder, D.C. The Chiropractic Care Center in Lubbock.l
12/17/2014
By: Sandra G.
Danny Leake - State Farm Insurance Agent
I really appreciate Danny and his staff. They are friendly, helpful; I feel as if I am talking to an old friend whenever I go there.
Tips & Advices
There are many different providers and plan types, so  shopping for life insurance can be complicated. The first step involves understanding the type and amount of life insurance you need. From there, use online tools or contact local insurance agents to get quotes on rates and learn about how to apply.
The cost of a life insurance policy is determined by two things: the guaranteed benefit amount and the individual risk of the policyholder. The latter is more complicated, and includes many  factors, including health, age, and  occupation. As of May 2017, a 30-year-old woman purchasing a 20-year, $250,000 term life policy can expect to pay about $141 per year. For comparison, a 60-year-old woman purchasing the same policy can expect to pay $1,033 per year. Since women have longer life expectancy on average than men, the latter can expect to pay slightly more. The same 20-year, $250,000 term policy will cost a 30-year-old man $156 per year on average.
Certain specialized policies may provide income replacement in the event of disability, disease, or another situation where it may be impossible to work and medical expenses are high. One common alternative is known as an “accidental death and dismemberment” policy. AD&D policies work similarly to term life plans, but will only pay out death benefits when a fatality is caused by an accident, or if the policyholder loses a limb or the ability to see or hear. Death from a heart attack or cancer, for example, is usually not covered by AD&D, but these policies might offer lower premiums than a standard term plan.
Many adults with children choose to buy a term life plan that covers them from the birth of a child until they turn 18, which is often the most cost-effective way to insure against the risk of income loss from unexpected death. While it  is possible to save enough cash or invest to provide even more funds in case of such an emergency, investing is subject to more risk of loss than a life insurance plan, and accumulating enough savings to provide a sizeable safety net can be difficult.
Whole life and universal life plans are each considered a type of “permanent life insurance.” Universal life is often similar in concept to whole life, but offers more flexibility in premium payments and cash withdrawals. For example, you might be able to temporarily pause or reduce premium payments at any time under a universal policy. It’s also often possible to borrow from what you’ve already paid into the plan or against a guaranteed death benefit in the form of a loan.

Just a moment...