Lower Your 2012 Lexus IS 250 Car Insurance Quotes

Searching for cheaper car insurance rates for your Lexus IS 250? There isn’t a single person who looks forward to paying for car insurance, especially when they are aware that their premiums are through the roof.

Numerous insurance companies battle for your business, and because of this it can be hard to compare car insurance companies to get the lowest price

If you have car insurance now, you will most likely be able to lower your premiums substantially using these tips. Finding affordable coverage is not that difficult. Although vehicle owners should learn the way insurance companies market on the web and use this information to your advantage.

How to buy insurance coverage online

To find the best insurance coverage rates, there are several ways to compare rate quotes from many insurance coverage companies in your state. The recommended way to find the lowest Lexus IS 250 rates consists of shopping online. This can be accomplished using a couple different methods.

  1. The best way consumers can make multiple comparisons is an all-inclusive rate comparison (click to open form in new window). This quick form prevents you from having to do multiple quote forms for each company you want a rate for. A single form gets you coverage quotes from multiple companies.
  2. A more time consuming way to compare prices requires visiting each company website and get a separate price quote. For instance, let’s say you want to get rates from Progressive, Allstate and Travelers. To get each rate you have to go to each individual site and repeatedly type in your coverage information, which can take a lot of time. For a list of companies in your area, click here.
  3. Even if you have time, the least recommended way to find lower rates to insurance agents’ offices. Quoting and buying insurance online can eliminate the need for a local agent unless you have a need for the professional advice of a local agency. Although you can comparison shop your insurance online but buy from a local insurance agent.

It doesn’t matter which method you choose, just make absolute certain that you use nearly identical quote data for every company. If the quotes have higher or lower deductibles it will be impossible to determine the best price for your Lexus IS 250. Quoting even small variations in coverages may result in a large different in cost. And when comparison shopping, obtaining a wide range of quotes will enable you to find the best offered rates. Some regional insurers cannot provide quotes online, so you should also compare prices from them, too.

Use discounts on insurance coverage

Some insurers do not advertise the complete list of policy discounts very well, so below is a list some of the more common and the more hidden discounts that you may qualify for. If they aren’t giving you every credit you deserve, you could be saving more on your insurance coverage.

  • Discounts for Government Workers – Being employed by or retired from a federal job could cut as much as 10% off for IS 250 insurance with some insurance coverage companies.
  • Accident Forgiveness Coverage – This one isn’t a discount, but a few companies such as Progressive, State Farm and GEICO allow you one accident before your rates go up so long as you haven’t had any claims before the accident.
  • Drive Safe and Save – Drivers who don’t get into accidents can save as much as half off their rates for IS 250 insurance than drivers with accidents.
  • Early Payment Discounts – By paying your entire bill at once rather than paying monthly you could save 5% or more.
  • Seat Belt Discounts – Drivers who require all occupants to use a seat belt can save a little off the personal injury premium cost.
  • Service Members Pay Less – Having a family member in the military could trigger a small discount.
  • Bundle and Save – If you can combine your auto and home policy with the same insurance company you could earn a discount of nearly 15% which can help you find the cheapest insurance coverage.
  • Distant College Student Discount – Kids who are enrolled in higher education away from home and leave their car at home can be insured at a reduced rate.
  • New Car Discount – Adding a new car to your policy may earn a small discount because newer vehicles have to meet stringent safety requirements.

As a sidenote, some credits don’t apply to the entire policy premium. Some only reduce specific coverage prices like collision or personal injury protection. So even though you would think you would end up receiving a 100% discount, it’s just not the way it works. But all discounts should help reduce the cost of coverage.

A few popular companies and their possible discounts are included below.

  • State Farm may offer discounts for driver’s education, good driver, accident-free, good student, Steer Clear safe driver discount, and multiple autos.
  • Esurance policyholders can earn discounts including good student, DriveSense, online quote, Pac-12 alumni, safety device, and emergency road assistance.
  • Progressive has discounts for multi-vehicle, multi-policy, online quote discount, online signing, and good student.
  • Liberty Mutual offers discounts including multi-policy, teen driver discount, new move discount, new vehicle discount, newly retired, and multi-car.
  • Auto-Owners Insurance discounts include group or association, anti-lock brakes, paid in full, air bags, multiple vehicles, teen driver, and anti-theft.
  • GEICO may include discounts for air bags, multi-policy, anti-theft, five-year accident-free, membership and employees, and multi-vehicle.

Before buying, ask every insurance company which credits you are entitled to. Some discounts listed above might not be offered on policies in your area. To find providers who offer discounts, click this link.

Tailor your insurance coverage to you

When it comes to choosing the best insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions can aid in determining if you would benefit from professional advice.

  • Does my policy cover me when driving someone else’s vehicle?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I need higher collision deductibles?
  • Are rock chip repairs covered?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Will I lose any money if I cancel my policy before it expires?
  • When should my teen driver be added to my policy?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Lower your insurance prices

Lots of things are part of the calculation when premium rates are determined. Some are obvious such as traffic violations, but some are more obscure like your vehicle usage and annual miles driven.

The list below includes a few of the “ingredients” used by insurance companies to determine your rate level.

  • Being married pays dividends – Having a significant other may cut your premiums on your insurance coverage bill. It translates into being more mature and it’s proven that drivers who are married file infrequent claims.
  • Deter theft and pay less – Owning a car with advanced anti-theft systems can help lower your rates. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your car from being stolen.
  • Reduce premiums by driving vehicles with better crash test results – Vehicles with good safety scores get lower rates. Highly rated vehicles protect occupants better and fewer serious injuries means your insurance company pays less passed on to you as lower rates. If your Lexus scored better than four stars on Safercar.gov you may be receiving a better rate.
  • Bundle policies and save – Most insurers give lower prices to people that purchase more than one policy in the form of a multi-policy discount. Even if you already get this discount, it’s still a good idea to compare rates to confirm you are receiving the best rates possible. You may still find better rates by splitting coverages up.

Auto insurance policy specifics

Knowing the specifics of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find the usual coverages available from auto insurance companies.

Comprehensive coverage (or Other than Collision)

This will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like fire damage, falling objects, damage from getting keyed, hitting a bird and theft. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto collision coverage

This coverage covers damage to your IS 250 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like backing into a parked car, sustaining damage from a pot hole and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Liability

Liability coverage can cover damage or injury you incur to other’s property or people. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers claims such as pain and suffering, medical expenses and funeral expenses. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and damage to your Lexus IS 250.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Frequently these coverages are identical to your policy’s liability coverage.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses for things like ambulance fees, pain medications, doctor visits, X-ray expenses and prosthetic devices. They are used in conjunction with a health insurance program or if there is no health insurance coverage. They cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

The bottom line

You just read some good ideas how you can compare 2012 Lexus IS 250 insurance premium rates online. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. You may even discover the best price on car insurance is with a company that doesn’t do a lot of advertising. They may often insure only within specific states and give getter rates compared to the large companies like Allstate, GEICO and Progressive.

There are still a few companies who may not offer the ability to get quotes online and these regional carriers work with independent agents. Cheaper 2012 Lexus IS 250 insurance can be bought from both online companies in addition to local insurance agencies, so you need to compare both to have the best rate selection.

Much more information about car insurance is available below: