2016 Lexus IS 350 Insurance Quotes

Want cheaper insurance coverage rates for your Lexus IS 350? I can’t think of anyone who likes having to buy insurance coverage, in particular when the cost is too high.

With drivers having so many different company options, it is hard for the average consumer to find a lower cost insurance coverage provider.

Consumers need to do rate comparisons on a regular basis since prices fluctuate regularly. Just because you had the lowest price for IS 350 insurance on your last policy you may be paying too much now. You’ll find a ton of advice on insurance coverage online, but we’re going to give you some great ways to save money.

How to buy car insurance

To find the best car insurance rates, there are several ways to compare quotes from different insurance companies. The easiest way to find the cheapest Lexus IS 350 insurance rates is simply to get online rate quotes. This is quite simple and can be completed in several different ways.

The easiest and least time consuming way to get the best comparison quotes is to use a rate comparison form (click to open form in new window). This form keeps you from doing separate quote forms for every car insurance company. A single, simple form gets rate comparisons from multiple low-cost companies.

A more time consuming way to obtain and compare quotes online requires you to visit the website of each company and get a separate price quote. For instance, we’ll pretend you want to get rates from Nationwide, State Farm and Farmers. To find out each rate you need to go to each individual site to enter the same coverage data repeatedly, which is not fast way to get rate quotes.

For a list of links to companies insuring cars in your area, click here.

The least efficient and most time consuming way to comparison shop rate quotes is actually driving to and from local insurance agencies. The ability to buy insurance online makes this process obsolete unless you want the professional abilities that only a licensed agent can provide. It is possible with some companies compare online quotes but still have the advice of a local agent.

The approach you take is up to you, just compare exactly the same quote data on every quote you get. If you are comparing different data it will be very difficult to determine the lowest rate for your Lexus IS 350. Just slight variations in insurance coverages could throw off the whole comparison. And when comparison shopping, obtaining a wide range of quotes increases your odds of finding the best rates.

Do you qualify for discounts?

Some insurance providers don’t necessarily list all their discounts in a way that’s easy to find, so the following list contains a few of the more well known in addition to some of the lesser obvious discounts that you may qualify for.

• Resident Student – Youth drivers who are attending college and leave their car at home may be insured at a cheaper rate.
• Discounts for New Vehicles – Insuring a new car can get you a discount because new model year vehicles keep occupants safer.
• Claim-Free Discount – Insureds who avoid accidents and claims can save substantially as compared to drivers with a long claim history.
• Discount for Passive Restraints – Options like air bags could see savings of up to 25% or more.
• Early Renewal Discounts – Some larger companies provide a discount for buying a policy prior to your current policy expiring. It can save you around 10%.
• Seat Belts Save – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
• Theft Deterent Discount – Vehicles that have factory alarm systems and tracking devices can help prevent theft so companies will give you a small discount.
• Good Grades Discount – Excelling in school may save as much as 25% on a car insurance quote. Many companies even apply the discount to college students until age 25.
• Include Life Insurance and Save – Some car insurance companies give a small discount if you purchase some life insurance in addition to your auto policy.

One thing to note about discounts is that some credits don’t apply to all coverage premiums. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though you would think you could get a free car insurance policy, company stockholders wouldn’t be very happy.

Larger car insurance companies and the discounts they provide can be found below.

• 21st Century offers premium reductions for theft prevention, anti-lock brakes, air bags, student driver, early bird, 55 and older, and teen driver.
• Progressive offers discounts including homeowner, multi-policy, continuous coverage, online signing, good student, multi-vehicle, and online quote discount.
• State Farm policyholders can earn discounts including passive restraint, good student, good driver, driver’s education, accident-free, and student away at school.
• Nationwide may include discounts for business or organization, good student, family plan, Farm Bureau membership, easy pay, anti-theft, and accident-free.
• Esurance has discounts for Pac-12 alumni, renters, anti-lock brakes, defensive driver, good student, and paid-in-full.
• The Hartford includes discounts for defensive driver, driver training, bundle, good student, anti-theft, and vehicle fuel type.

It’s a good idea to ask each insurance company to give you their best rates. Some of the discounts discussed earlier may not be offered in your state. If you would like to see a list of car insurance companies who offer online car insurance quotes, click here to view.

Don’t assume everyone needs the same insurance coverage

When it comes to choosing proper insurance coverage for your personal vehicles, there is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions can help discover if your insurance needs will benefit from professional help.

• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Is my babysitter covered when using my vehicle?
• Am I covered by my spouse’s policy after a separation?
• Am I covered when driving a rental car?
• Do I really need UM/UIM coverage?
• Can I afford to pay high deductible claims out of pocket?
• What is high-risk coverage and where do I buy it?

If you can’t answer these questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance companies in your area.

Auto insurance coverage information

Understanding the coverages of car insurance can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Listed below are the normal coverages available from car insurance companies.

Collision coverage – This coverage covers damage to your IS 350 caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like scraping a guard rail, rolling your car, driving through your garage door and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Auto liability – This coverage can cover damage that occurs to other people or property in an accident. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability insurance covers things like attorney fees, medical services, bail bonds, loss of income and legal defense fees. The amount of liability coverage you purchase is your choice, but consider buying as much as you can afford.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Lexus IS 350.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Coverage for medical expenses – Med pay and PIP coverage pay for expenses for things like prosthetic devices, surgery and doctor visits. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states and may carry a deductible

Comprehensive car insurance – This will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as vandalism, rock chips in glass and damage from getting keyed. The highest amount your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.