Cheaper 2010 Lexus GS 350 Car Insurance Rates

Trying to find cheaper insurance rates for your Lexus GS 350? I can’t think of a single person who likes buying insurance, especially knowing it costs too dang much.

Big companies like Allstate and Progressive promote their brand names with ads and it is difficult to see past the corporate glitz and take the time to shop coverage around.

The cheapest car insurance quotes online

When shopping for the cheapest insurance coverage quotes, there are a couple of ways to compare quotes from local car insurance companies. The quickest method to do a complete rate comparison is simply to get online rate quotes. It’s really quite simple and can be done in a couple minutes as outlined below.

  • Hands down the most simple method consumers can make multiple comparisons would be an industry-wide quote request form like this one (opens in new window). This style of form saves time by eliminating a different quote for each company. Taking the time to complete one form will get you price quotes from many national carriers.
  • A less efficient way to find lower rates requires visiting the website for each individual company and go through the quote process again. For examples sake, let’s assume you want to compare USAA, State Farm and Progressive. To find out each rate you need to visit each site to enter your coverage information, which can take a lot of time. For a list of companies in your area, click here.

It doesn’t matter which method you choose, just ensure you are comparing identical deductibles and coverage limits for each quote you get. If you compare different values for each quote then you won’t be able to determine which rate is truly the best. Slightly different insurance coverages or limits can mean a large discrepancy in price. And when comparing car insurance rates, know that having more price comparisons will improve the odds of getting lower pricing.

Get lower rates with these car insurance discounts

Insuring your fleet can be pricey, but there are discounts available to reduce the price significantly. Some trigger automatically at the time of quoting, but some discounts are required to be manually applied before they will apply.

  • Policy Bundle Discount – If you can combine your home and auto policy with one insurance company you could earn a discount of over 10 percent off each policy depending on the company.
  • Pay Early and Save – If you pay your bill all at once rather than spreading payments over time you may reduce your total bill.
  • Theft Deterent System – Vehicles equipped with anti-theft or alarm systems have a lower chance of being stolen and therefore earn up to a 10% discount.
  • Military Rewards – Being deployed in the military may lower your premium rates slightly.
  • Anti-lock Brake Discount – Cars, trucks, and SUVs with ABS braking systems or traction control are much safer to drive so companies give up to a 10% discount.
  • Telematics Data – Drivers that enable driving data collection to track where and when they drive through the use of a telematics system such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction as long as the data is positive.
  • Federal Employees – Having worked for a branch of the government can save as much as 8% for GS 350 insurance with certain companies.
  • Multiple Vehicles – Drivers who insure primary and secondary vehicles with the same car insurance company can reduce the rates for all insured vehicles.
  • No Claim Discounts – Drivers who don’t have accidents pay less in comparison to frequent claim filers.

One thing to note about discounts is that most credits do not apply the the whole policy. Most cut individual premiums such as comprehensive or collision. Just because you may think all those discounts means the company will pay you, you aren’t that lucky.

Popular car insurance companies and their possible discounts are outlined below.

  • The Hartford policyholders can earn discounts including vehicle fuel type, bundle, driver training, good student, and air bag.
  • American Family may offer discounts for bundled insurance, good driver, defensive driver, mySafetyValet, TimeAway discount, air bags, and accident-free.
  • Progressive offers premium reductions for good student, multi-vehicle, continuous coverage, online signing, multi-policy, and online quote discount.
  • Travelers has discounts for save driver, multi-policy, student away at school, multi-car, and IntelliDrive.
  • Farmers Insurance may include discounts for mature driver, switch companies, distant student, alternative fuel, early shopping, business and professional, and homeowner.
  • USAA may have discounts that include annual mileage, good student, loyalty savings, driver training, multi-vehicle, and military installation.
  • Liberty Mutual offers discounts for good student, hybrid vehicle, exclusive group savings, multi-car, newly married, new vehicle discount, and newly retired.

Double check with each company which discounts they offer. All car insurance discounts might not be offered on policies in your area. To view insurance companies that provide some of the discounts listed above, follow this link.

Auto insurance can get complicated

When it comes to choosing adequate coverage, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that might point out whether or not you would benefit from an agent’s advice.

  • Do I need higher collision deductibles?
  • Am I getting all the discounts available?
  • When should I drop full coverage on my 2010 Lexus GS 350?
  • How much liability coverage do I need in my state?
  • Do I need replacement cost coverage on my 2010 Lexus GS 350?
  • Who is covered by my policy?
  • I don’t drive much so do I pay less?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Coverages available on your insurance policy

Knowing the specifics of insurance can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages available from insurance companies.

UM/UIM Coverage

Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Lexus GS 350.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages are set the same as your liablity limits.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for expenses like nursing services, pain medications, chiropractic care, ambulance fees and prosthetic devices. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision protection

This coverage will pay to fix damage to your GS 350 resulting from a collision 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 things like rolling your car, crashing into a ditch, colliding with a tree and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like a tree branch falling on your vehicle, hail damage, fire damage, a broken windshield and damage from getting keyed. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability coverage

This provides protection from damage that occurs to a person or their property by causing an accident. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against things like funeral expenses, medical services, attorney fees, emergency aid and repair costs for stationary objects. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

One last thing about your coverage

As you shop your coverage around, never buy less coverage just to save a little money. In too many instances, consumers will sacrifice liability coverage limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy a smart amount of coverage at the best cost, but do not sacrifice coverage to save money.

Some auto insurance companies do not provide online rate quotes small insurance companies prefer to sell through independent agents. Low-cost 2010 Lexus GS 350 insurance is available both online and from local insurance agents, so you need to compare both in order to have the best chance of saving money.

More information is located at the links below