2015 Lexus IS 250 Insurance Quotes – 7 Ways to Save

Finding cheap insurance coverage may at first seem to be somewhat intimidating for drivers that are not comfortable with quoting and shopping for insurance on the internet. With literally dozens of companies, how are drivers able to have the ability to compare every possible option in order to find the lowest price?

It’s a great practice to do price comparisons before your policy renews since prices tend to go up over time. If you had the lowest rates on IS 250 coverage last year you will most likely find a better rate quote today. Block out anything you think you know about insurance coverage because it’s time to teach you the proper way to reduce your cost while increasing coverage.

Lower rate quotes with these seven car insurance discounts

Insuring your vehicles can cost a lot, but there may be some discounts that you may not even know about. Larger premium reductions will be automatically applied at the time of quoting, but some may not be applied and must be asked about before you get the savings. If they aren’t giving you every credit available, you are throwing money away.

  • Telematics Discount – Drivers who elect to allow their insurance company to monitor vehicle usage by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate may get a rate reduction as long as they are good drivers.
  • Defensive Driver – Completing a defensive driving class may get you a small discount and easily pay for the cost of the class.
  • Homeowners Savings – Simply owning a home may earn you a small savings because maintaining a house is proof of financial responsibility.
  • Multi-car Discount – Insuring multiple cars or trucks with the same company qualifies for this discount.
  • Theft Deterent – Vehicles that have factory alarm systems and tracking devices prevent vehicle theft and that can save you a little bit as well.
  • Safe Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on IS 250 coverage compared to rates paid by drivers with frequent claims.
  • Life Insurance Discount – Not all car insurance companies offer life insurance, but some may give you a lower car insurance rate if you buy life insurance from them.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to your bottom line cost. A few only apply to the cost of specific coverages such as liability and collision coverage. Even though the math looks like you can get free auto insurance, it just doesn’t work that way. But all discounts should definitely cut your overall premium however.

Car insurance companies that possibly offer these benefits possibly include:

When getting free insurance coverage quotes, it’s a good idea to all the companies how you can save money. Some of the earlier mentioned discounts may not be offered in your area. To see insurance companies that offer the discounts shown above, click here.

Insurance coverage can get complicated

When it comes to buying proper insurance coverage, there really is no single plan that fits everyone. Everyone’s situation is unique.

Here are some questions about coverages that may help you determine if your situation may require specific advice.

  • Am I covered when driving in Canada or Mexico?
  • What is the rate difference between pleasure use and commuting?
  • Can I rent a car in Mexico?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is my teenager covered with friends in the car?
  • Is extra glass coverage worth it?
  • Do I need added coverage for expensive stereo equipment?
  • What if I owe more than I can insure my car for?
  • Can my babysitter drive my car?
  • What exactly is covered by my policy?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form.

Insurance coverages explained

Understanding the coverages of your insurance policy aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.

Liability auto insurance – Liability coverage protects you from damage or injury you incur to a person or their property in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability coverage protects against things like pain and suffering, attorney fees, structural damage and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as damage to your Lexus IS 250.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Collision coverage – Collision insurance pays for damage to your IS 250 from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as driving through your garage door, sideswiping another vehicle, crashing into a ditch, scraping a guard rail and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive (Other than Collision) – This coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like damage from getting keyed, rock chips in glass and fire damage. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense insurance – Coverage for medical payments and/or PIP kick in for expenses for hospital visits, doctor visits and EMT expenses. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Shop around and save

As you shop your coverage around, do not reduce coverage to reduce premium. In many cases, an insured cut uninsured motorist or liability limits and learned later they didn’t have enough coverage. Your focus should be to purchase plenty of coverage for the lowest cost while not skimping on critical coverages.

In this article, we presented a lot of tips how to get a better price on 2015 Lexus IS 250 insurance. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers could even find that the lowest rates are with a small local company.

Affordable 2015 Lexus IS 250 insurance is attainable on the web in addition to local insurance agencies, so get free insurance coverage quotes from both of them to get a complete price analysis. Some insurance companies do not provide rate quotes online and usually these regional carriers work with independent agents.

Additional detailed information is available at these sites: