2010 Lexus IS 350 Insurance Rates – 7 Discounts for Cheapest Quotes

Looking for better insurance rates for your Lexus IS 350? Trying to come up with a payment for high-priced insurance can deplete your family’s budget and possibly require you to analyze your spending habits. Doing a rate comparison is a smart way to reduce premiums and put more money in your pocket.

You have multiple insurers to pick from, and although it’s a good thing to have multiple companies, lots of choices makes it harder to compare rates and cut insurance costs.

You should make it a habit to take a look at other company’s rates periodically since insurance prices are adjusted regularly by insurance companies. Just because you found the best rates for IS 350 insurance on your last policy you can probably find a lower rate today. Forget anything you know (or think you know) about insurance because you’re about to learn the things you must know in order to save money, get proper deductibles and limits, all at the lowest rate.

Seven discounts to earn cheaper car insurance rates

Not too many consumers would say car insurance is affordable, but there may be some discounts that can drop the cost substantially. Certain reductions will be credited when you get a quote, but some discounts are required to be specially asked for before they will apply.

  • Switch and Save Discount – Some companies reward drivers for switching policies before your current expiration date. The savings is around 10%.
  • ABS Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control prevent accidents so companies give up to a 10% discount.
  • Discounts for Multiple Vehicles – Purchasing coverage when you have primary and secondary vehicles with the same company can get a discount on all vehicles.
  • Discount for Low Mileage – Driving less can qualify you for better car insurancerates on cars that stay parked.
  • Theft Prevention System – Cars equipped with anti-theft or alarm systems are stolen less frequently and can earn a small discount on your policy.
  • Government Employees – Being employed by or retired from a federal job could qualify for a slight premium decrease for IS 350 insurance with certain companies.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts may qualify for discounts of 20 to 30 percent.

Discounts save money, but please remember that most credits do not apply to the entire policy premium. The majority will only reduce specific coverage prices like medical payments or collision. Despite the appearance that all those discounts means the company will pay you, car insurance companies aren’t that generous. But all discounts should definitely cut the cost of your policy.

To find providers that offer the discounts shown above, click this link.

Tailor your insurance coverage to you

When it comes to buying proper insurance coverage, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. For instance, these questions can aid in determining whether you would benefit from an agent’s advice.

  • Are rental cars covered under my policy?
  • Can my teen drive my company car?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Does having multiple vehicles earn me a discount?
  • Should I waive the damage coverage when renting a car?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Can my teen driver be rated on a liability-only vehicle?
  • Does my insurance cover a custom paint job?
  • When should I buy a commercial auto policy?
  • I don’t drive much so do I pay less?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area. It is quick, free and you can get the answers you need.

Specific coverage details

Knowing the specifics of your policy aids in choosing which coverages you need for your vehicles. Auto insurance terms can be ambiguous and coverage can change by endorsement. These are typical coverages available from auto insurance companies.

Comprehensive or Other Than Collision – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like damage from flooding, falling objects, hitting a bird, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for funeral costs, hospital visits and pain medications. They are used in conjunction with a health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Liability car insurance – Liability coverage can cover injuries or damage you cause to a person or their property by causing an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability can pay for things such as funeral expenses, medical expenses and structural damage. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as crashing into a ditch, hitting a mailbox, crashing into a building, scraping a guard rail and rolling your car. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

UM/UIM Coverage – Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Quote more. Save more.

When getting auto insurance quotes online, don’t be tempted to skimp on critical coverages to save a buck or two. There have been many situations where someone sacrificed liability coverage limits only to discover later that the few dollars in savings costed them thousands. The proper strategy is to find the BEST coverage at the best possible price while still protecting your assets.

Some insurance companies do not offer rates over the internet and these regional carriers provide coverage only through independent insurance agencies. The cheapest 2010 Lexus IS 350 insurance is definitely available online in addition to many insurance agents, so you should compare both so you have a total pricing picture.

More information is available at the links below