2013 Lexus IS 250 Insurance Quotes – 7 Ways to Save

Searching for cheaper insurance for a new or used Lexus IS 250 can turn out to be a painful process, but you can follow a few tricks to make it easier.

There is a right way and a wrong way to buy auto insurance so we’re going to tell you the absolute fastest way to quote coverages for a new or used Lexus and locate the best price possible.

You need to price shop coverage occasionally due to the fact that insurance rates trend upward over time. Even if you think you had the lowest rates on IS 250 coverage last year you can probably find a better price now. Ignore everything you know about auto insurance because you’re about to find out the tricks you need to know to save money, get proper deductibles and limits, all at the lowest rate.

Buying affordable insurance coverage can be fairly easy. If you have insurance now or are just looking to switch companies, you can learn to get lower rates and still get good coverage. Drivers only need an understanding of the proper way to get comparison quotes online.

Vehicle Insurance Comparison

Getting a cheaper price on 2013 Lexus IS 250 insurance doesn’t have to be difficult. All you need to do is take the time to get quotes from different insurance companies. This can be done in several different ways.

One of the simplest ways to get quotes is to use a rate comparison form like this one (opens in new window). This type of form saves time by eliminating separate quotation requests for every auto insurance company. One quote request gets rate comparisons instantly. This is by far the quickest method.

A more difficult way to compare rate quotes is to take the time to go to each company website and fill out their own quote form. For example, let’s assume you want comparison quotes from Geico, Liberty Mutual and Allstate. To find out each rate you need to take the time to go to each site and enter your policy data, which is why the first method is quicker. For a list of links to insurance companies in your area, click here.

The hardest way to compare rates is to spend time driving to local insurance agencies. The internet eliminates the need for an insurance agent unless you want the trained guidance only provided by licensed agents. You can, however, obtain prices from the web and get advice from an agent in your area and we’ll touch on that later.

However you get your quotes, compare the exact same deductibles and coverage limits with each company. If each company quotes different values for each quote it’s not possible to find the best deal for your Lexus IS 250.

How to reduce Lexus IS 250 insurance rates

The price of auto insurance can be rather high, but companies offer discounts that you may not know about. Some trigger automatically at the time you complete a quote, but some may not be applied and must be inquired about before you get the savings. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Sign Early and Save – Some companies give discounts for signing up prior to your current policy expiring. It can save you around 10%.
  • Save with a New Car – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.
  • More Vehicles More Savings – Having multiple cars or trucks on the same insurance coverage policy may reduce the rate for each vehicle.
  • Government Employees – Active or retired federal employment can earn a discount up to 10% on IS 250 coverage with a few insurance coverage companies.
  • Accident Free – Claim-free drivers can earn big discounts when compared with bad drivers.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • E-sign – A handful of insurance companies give back up to $50 just for signing your application over the internet.

A little note about advertised discounts, most discount credits are not given to the entire cost. Most only apply to the cost of specific coverages such as comp or med pay. So even though it sounds like you would end up receiving a 100% discount, companies wouldn’t make money that way. But any discount will bring down your premiums.

For a list of insurance companies with the best insurance coverage discounts, click this link.

Tailor your coverage to you

When it comes to buying adequate coverage for your personal vehicles, there is no single plan that fits everyone. Each situation is unique.

For example, these questions may help you determine whether you could use an agent’s help.

  • If I drive on a suspended license am I covered?
  • Does my liability insurance cover pulling a trailer or camper?
  • Do I need higher collision deductibles?
  • When do I need to add a new car to my policy?
  • Do I have coverage for damage caused while driving under the influence?
  • Do I need replacement cost coverage on my 2013 Lexus IS 250?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and can help protect your family.

What auto insurance coverages do you need?

Learning about specific coverages of auto insurance helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Comprehensive (Other than Collision) – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from a tornado or hurricane, hitting a deer, fire damage and hitting a bird. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Auto liability – Liability coverage protects you from injuries or damage you cause to a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as structural damage, funeral expenses, loss of income, emergency aid and legal defense fees. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Lexus IS 250.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually the UM/UIM limits are similar to your liability insurance amounts.

Collision coverage – This covers damage to your IS 250 resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as backing into a parked car, hitting a parking meter, sustaining damage from a pot hole, rolling your car 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 8 years or older. Another option is to raise the deductible in order to get cheaper collision rates.

Medical expense insurance – Coverage for medical payments and/or PIP pay for immediate expenses for things like nursing services, ambulance fees, surgery, hospital visits and funeral costs. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Quote often and quote early

Drivers leave their current company for a variety of reasons including high prices, questionable increases in premium, extreme rates for teen drivers or policy non-renewal. No matter why you want to switch, choosing a new company can be less work than you think.

In this article, we covered a lot of techniques to shop for 2013 Lexus IS 250 insurance online. The key concept to understand is the more times you quote, the higher the chance of saving money. You may even find the best prices are with a smaller regional carrier.

When you buy insurance online, do not skimp on coverage in order to save money. There are a lot of situations where an insured cut liability limits or collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. The aim is to purchase plenty of coverage at the best price while not skimping on critical coverages.

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