2013 Lexus IS 350 Insurance Quotes – 10 Ideas for Cheapest Rates

Looking for lower auto insurance rates? Shoppers have many options when shopping for the best price on Lexus IS 350 insurance. You can either waste hours calling around to get rate comparisons or utilize the internet to make rate comparisons.

There are both good and bad ways to find auto insurance online and we’ll show you the proper way to compare rates for a new or used Lexus and obtain the cheapest rates either online or from local insurance agents.

Smart consumers take time to get comparison quotes quite often since insurance rates are variable and change quite frequently. Even if you think you had the lowest price on IS 350 insurance a couple years back other companies may now be cheaper. So just ignore everything you know about auto insurance because I’m going to teach you the best way to reduce your cost while increasing coverage.

The quickest method to get policy rate comparisons is to know the fact car insurance companies participate in a system to provide you with free rate quotes. The one thing you need to do is take a few minutes to give details such as whether you have decent credit, how much school you completed, distance driven, and the make and model of your vehicles. The data is instantly provided to many highly-rated insurers and they return cost estimate instantly to find the best rate.

Lower rates by qualifying for these ten discounts

The cost of insuring your cars can be expensive, but you can get discounts that you may not know about. Certain discounts will be applied at the time of quoting, but a few must be requested specifically before you get the savings. If you’re not getting every credit possible, you are throwing money away.

  • New Vehicle Savings – Adding a new car to your policy is cheaper compared to insuring an older model.
  • Homeowners Savings – Simply owning a home can help you save on insurance coverage because owning a home is proof that your finances are in order.
  • Seat Belts Save – Drivers who require all occupants to use a seat belt could save 15% off your PIP or medical payments premium.
  • Accident Free – Claim-free drivers pay less when compared to drivers who are more careless.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class in high school.
  • Life Insurance Discount – Companies who offer life insurance give a discount if you purchase auto and life insurance together.
  • E-sign – Some insurance companies give back up to $50 for buying a policy and signing up digitally online.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • Multi-policy Discount – When you have multiple policies with the same insurance company you will save up to 20% off your total premium.
  • Discount for Swiching Early – Select companies give a discount for buying a policy before your current policy expires. The savings is around 10%.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. So when the math indicates adding up those discounts means a free policy, companies don’t profit that way. Any qualifying discounts will help reduce the cost of coverage.

Car insurance companies that may have these discounts include:

Before buying, ask each company which discounts they offer. Some discounts may not be available in your state.

Car insurance is unique, just like you

When choosing proper insurance coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can help discover if you might need professional guidance.

  • How much can I save by bundling my policies?
  • Can I make deliveries for my home business?
  • Is my babysitter covered when using my vehicle?
  • Am I covered when driving someone else’s vehicle?
  • Does my policy cover my teen driver if they drive my company car?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Why am I required to buy liability insurance?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Learn about auto insurance coverages for a 2013 Lexus IS 350

Knowing the specifics of your policy helps when choosing the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Lexus IS 350.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for X-ray expenses, hospital visits and rehabilitation expenses. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Auto liability insurance

This protects you from injuries or damage you cause to a person or their property in an accident. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and 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 bail bonds, medical services, funeral expenses, repair costs for stationary objects and court costs. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

Comprehensive coverage (or Other than Collision)

This pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from flooding, hail damage, hitting a bird, falling objects and fire damage. The most a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision insurance

Collision insurance pays for damage to your IS 350 caused by collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like rolling your car, damaging your car on a curb and colliding with a tree. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

In any little way, save everyday

Cheaper 2013 Lexus IS 350 insurance can be sourced from both online companies in addition to many insurance agents, so compare prices from both to get a complete price analysis. Some insurance companies do not provide the ability to get a quote online and these regional insurance providers work with independent agents.

We just showed you a lot of information how to shop for insurance online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the best price on insurance coverage is with a lesser-known regional company.

As you shop your coverage around, it’s a bad idea to reduce needed coverages to save money. There have been many situations where consumers will sacrifice uninsured motorist or liability limits only to find out they didn’t purchase enough coverage. Your goal should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

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