How Much Does 2010 Lexus ES 350 Insurance Cost?

Want the cheapest insurance rates for your Lexus ES 350? Comparison shopping for more affordable insurance could be very difficult for drivers new to online rate comparisons. You have so many options available that it can quickly become a challenge to compare rates.

If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using this strategy. Buying cheaper coverage is easy if you know what you’re doing. Nevertheless, car owners need to have an understanding of how big insurance companies price insurance differently because it can help you find the best coverage.

The fastest way that we advise to compare insurance rates in your area is to know almost all companies participate in online systems to compare rate quotes. The only thing you need to do is give them some information such as deductibles desired, your job, whether your vehicle is owned or leased, and how your vehicles are used. Your information gets sent immediately to multiple companies and they return rate quotes almost instantly.

To start a quote now, click here and find out if you can get cheaper insurance.

Find discounts to get cheap insurance coverage rates

Not too many consumers would say insurance coverage is affordable, but there’s a good chance there are discounts that may help make it more affordable. A few discounts will automatically apply when you get a quote, but some discounts are required to be specially asked for before you get the savings.

  • Discount for New Cars – Insuring a new car can be considerably cheaper due to better safety requirements for new vehicles.
  • Driver Safety – Passing a class that teaches driver safety techniques may get you a small discount if you qualify.
  • Discount for Life Insurance – Companies who offer life insurance give a break if you buy some life insurance too.
  • Membership in Organizations – Having an affiliation with specific professional or occupational memberships or organizations is a good way to get lower rates when getting a insurance quote.
  • Claim-Free Discount – Insureds who avoid accidents and claims can save substantially in comparison to drivers with a long claim history.

Policy discounts save money, but most discount credits are not given to the overall cost of the policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. If you do the math and it seems like adding up those discounts means a free policy, nobody gets a free ride.

A few of the larger companies and their possible discounts can be found below.

  • GEICO offers discounts including defensive driver, military active duty, daytime running lights, good student, and federal employee.
  • Travelers has savings for hybrid/electric vehicle, multi-car, new car, multi-policy, driver training, payment discounts, and student away at school.
  • Nationwide may offer discounts for Farm Bureau membership, easy pay, good student, multi-policy, and business or organization.
  • Farmers Insurance policyholders can earn discounts including business and professional, teen driver, multi-car, mature driver, youthful driver, and early shopping.
  • Esurance may have discounts that include defensive driver, homeowner, paid-in-full, online quote, good student, good driver, and Pac-12 alumni.
  • State Farm discounts include passive restraint, Drive Safe & Save, anti-theft, Steer Clear safe driver discount, good driver, and student away at school.
  • Progressive offers premium reductions for continuous coverage, good student, multi-policy, online quote discount, multi-vehicle, and online signing.
  • Mercury Insurance may include discounts for annual mileage, professional/association, good driver, multi-car, good student, accident-free, and type of vehicle.

If you need lower rates, check with all companies you are considering which credits you are entitled to. Depending on the company, some discounts may not be available in your area. If you would like to view insurance companies that offer multiple discounts, click here to view.

What impacts Lexus ES 350 insurance premiums?

When buying insurance it’s important to understand the factors that aid in calculating the rates you pay for insurance. When you understand what determines premiums, this enables informed choices that may result in better insurance rates. Many different elements are part of the calculation when pricing auto insurance. A few of the factors are predictable like your driving record, but other criteria are not quite as obvious such as your marital status or your commute time.

The itemized list below are some of the most common factors that factor into premiums.

  • Deter theft and pay less – Driving a car that has an advanced theft prevention system can save you some money. Theft deterrent systems like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help stop car theft and help bring rates down.
  • Which gender costs less? – Over time, data shows women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. They both cause auto accidents at a similar rate, but males tend to have higher claims. Not only are claims higher, but men get more serious tickets such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers are the most expensive to insure so they pay the highest premiums.
  • Do you qualify for a multi-policy discount? – Most larger companies give a discount to policyholders that buy multiple policies in the form of a multi-policy discount. The amount of the discounts can be anywhere from five to ten percent in most cases. Even with this discount applied, drivers will still want to get quotes from other companies to confirm you are receiving the best rates possible. It’s possible to still save more without the discount by splitting coverages up.
  • If you don’t need it don’t buy it – There are many additional extra coverages that sound like a good idea at the time but may not be useful. Insurance for roadside assistance, accidental death, and term life insurance are examples of these. They may seem good when buying your policy, but now you might not need them so remove them and pocket the money.
  • Poor credit score equals high rates – Credit score is a large factor in calculating your premium rate. Therefore, if your credit rating could use some work, you could pay less to insure your 2010 Lexus ES 350 by taking the time to improve your credit score. People with very good credit scores tend to be less risk to insure than those with bad credit.
  • Lower annual miles equals lower premium – Driving a lot of miles every year the higher your rates will be. Most insurance companies calculate rates based on their usage. Vehicles that are left in the garage cost less to insure than vehicles that are driven to work every day. Double check that your insurance policy is rated on the proper vehicle usage, because improper ratings can cost you money. Incorrect rating for your ES 350 is just wasting money.
  • Age of drivers – More mature drivers are more responsible, cause fewer claims and accidents and receive fewer citations.Teen drivers are proven to be more careless behind the wheel so they pay higher insurance rates.
  • Uninterrupted coverage lowers rates – Driving without insurance is illegal and any future policy may cost more because you let your insurance expire. In addition to paying higher rates, not being able to provide proof of insurance will get you a fine, jail time, or a revoked license. You may have to file a SR-22 with your state motor vehicle department to get your license reinstated.

Tailor your auto insurance coverage to you

When it comes to buying proper insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs.

These are some specific questions can aid in determining whether you might need professional guidance.

  • Can my teen driver be rated on a liability-only vehicle?
  • How much liability coverage do I need in my state?
  • Do I have coverage if my license is suspended?
  • Does my insurance cover my expensive audio equipment?
  • Exactly who is provided coverage by my policy?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Do I have coverage when using my vehicle for my home business?
  • Am I covered when driving in Canada or Mexico?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

What insurance coverages do you need?

Learning about specific coverages of your insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses such as ambulance fees, nursing services, pain medications and dental work. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Comprehensive coverages

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like hitting a deer, damage from flooding and rock chips in glass. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like driving through your garage door, colliding with a tree, scraping a guard rail and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Coverage for liability

This coverage protects you from damage or injury you incur to people or other property by causing an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for things like emergency aid, repair bills for other people’s vehicles, medical expenses, court costs and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your Lexus ES 350.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

More quotes mean more savings

Some auto insurance companies don’t offer rates over the internet and most of the time these smaller companies provide coverage only through independent insurance agencies. Budget-conscious 2010 Lexus ES 350 insurance can be purchased both online and from local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates.

Consumers switch companies for a variety of reasons including poor customer service, high prices, an unsatisfactory settlement offer and even being labeled a high risk driver. Whatever your reason, finding a new company is not as hard as you think.

While you’re price shopping online, don’t be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed collision coverage only to find out that it was a big mistake. Your objective should be to purchase a proper amount of coverage for the lowest cost while not skimping on critical coverages.

Additional auto insurance information can be found on the following sites: