2011 Lexus IS F Insurance Quotes

Trying to find better insurance rates for your Lexus IS F? Paying for pricey Lexus IS F insurance can bottom out your monthly budget and possibly require you to analyze your spending habits. Shopping your coverage around can lower your rates and help to slash your bill and have more diposable income.

Multiple auto insurance companies compete to insure your vehicles, so it’s not easy to compare every company and uncover the absolute best price available.

How much is insurance?

There are several ways you can shop for insurance and some are less labor-intensive and much quicker. You could waste time discussing policy coverages with insurance agencies in your area, or you can utilize the web to get rate comparisons in just a few minutes.

All the larger companies enroll in a system where prospective buyers submit their information once, and every company can provide price quotes. This saves time by eliminating form submissions to every company.

To get comparison pricing now click here (opens in new window).

One minor caviat to using this type of form is you don’t know exactly the insurers you want pricing from. So if you want to select individual companies to compare prices, we put together a list of the cheapest insurance companies in your area. Click to view list.

It’s up to you which method you use, but ensure you’re using exactly the same quote data on every quote. If you use different data then you won’t be able to find the best deal for your Lexus IS F. Just a small difference in insurance coverages may result in a large different in cost. And when comparison shopping, comparing more company’s prices helps locate the best rates.

Are you earning every discount?

Some insurers don’t always advertise all their discounts very well, so we researched a few of the more common as well as the least known credits available to bring down your rates.

Theft Prevention System – Cars with anti-theft systems can help prevent theft so companies will give you a small discount.
Pay Now and Pay Less – By paying your entire bill at once instead of making monthly payments you could save 5% or more.
Safety Restraint Discount – Drivers who always wear seat belts and also require passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
Active Service Discounts – Being deployed in the military could qualify you for better car insurance rates.
Renewal Discounts – Select car insurance companies give a discount for switching companies prior to your current policy expiration. The savings is around 10%.
Discounts for New Vehicles – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
Policy Bundle Discount – When you combine your home and auto insurance with one company you will save at least 10 to 15 percent or more.
Drivers Education – It’s a good idea to have your young drivers take driver’s ed class in school or through a local driver safety program.
Online Discount – A handful of insurance companies may give you up to $50 for buying your policy on the web.
Onboard Data Collection – Drivers that enable their insurance company to track where and when they drive by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive may see discounts as long as the data is positive.

One thing to note about discounts is that most discounts do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as medical payments or collision. If you do the math and it seems like you can get free auto insurance, company stockholders wouldn’t be very happy.

The best car insurance companies and their possible discounts are outlined below.

GEICO policyholders can earn discounts including anti-theft, good student, emergency military deployment, defensive driver, and multi-vehicle.
SAFECO includes discounts for drive less, accident prevention training, multi-car, anti-theft, homeowner, teen safety rewards, and bundle discounts.
State Farm offers discounts including good student, good driver, driver’s education, safe vehicle, anti-theft, and accident-free.
MetLife offers premium reductions for defensive driver, accident-free, good student, good driver, multi-policy, and claim-free.
21st Century discounts include teen driver, theft prevention, student driver, 55 and older, homeowners, and driver training.
Progressive may have discounts that include good student, continuous coverage, online quote discount, multi-vehicle, online signing, and homeowner.

If you are trying to find inexpensive auto insurance quotes, ask every company which discounts you qualify for. All car insurance discounts may not apply to policyholders in your area. To see a list of insurers with the best discounts, follow this link.

When in doubt talk to an agent

When it comes to buying proper insurance coverage, there is no best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that could help you determine whether you would benefit from professional advice.

Should I put collision coverage on all my vehicles?
What is no-fault insurance?
Does my car insurance cover rental cars?
Where can I get insurance after a DUI in my state?
Does my medical payments coverage pay my health insurance deductible?
Do I need PIP (personal injury protection) coverage in my state?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Auto insurance coverage information

Having a good grasp of insurance can help you determine which coverages you need and the correct deductibles and limits. Insurance terms can be impossible to understand and reading a policy is terribly boring. These are typical coverage types offered by insurance companies.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like pain medications, prosthetic devices, ambulance fees, nursing services and surgery. They are used in conjunction with a health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Lexus IS F.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Coverage for collisions

Collision coverage will pay to fix damage to your IS F resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things such as crashing into a ditch, rolling your car, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive auto coverage

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from getting keyed, damage from a tornado or hurricane, damage from flooding, hail damage and vandalism. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for liability

This can cover damage or injury you incur to people or other property in an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability insurance covers claims like court costs, attorney fees, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

2011 Lexus IS F Insurance Quotes – 10 Tips to Save