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Lexus IS 350 Insurance Rates

You have many choices when shopping for insurance coverage for your Lexus vehicle. You can either contact a local agent or get quotes online to check prices from many different companies. Comparing car insurance from online companies saves time, is easy to do, in addition you might just save a little.

Using the web to shop for car insurance direct can be complicated if you are a beginner to online quotes. But relax because comparing prices is actually very simple. When shopping for car insurance there are multiple ways to compare rate quotes from different insurance companies. The best method to find competitive Lexus IS 350 insurance cost involves getting comparison quotes online. This is very easy and can be done by completing this short form.

Criteria which help determine car insurance premiums

Auto insurance rates paid to insure a Lexus IS 350 can vary widely and are calculated by many factors. A few of these criteria are:

  • High performance increases premiums
  • Any accidents you may have
  • Home and auto can earn discounts
  • How you use your vehicle
  • Optional coverages like vehicle replacement
  • What you do for a living
  • The level of coverage
  • Owning a home can lower rates

A final factor that can impact Lexus IS 350 insurance rates is the model year. Used vehicles have a much lower replacement value in comparison to older models so the costs to repair may end up costing you less. Conversely, new Lexus models may have a trim level with safety features such as autonomous braking, tire pressure monitors, and dual-stage airbags which can give discounted rates.

To get a better idea how much rates will be for your vehicle, select the year of your IS 350 from the following list.

Liability coverage - This provides protection from injuries or damage you cause to a person or their property. Liability coverage pays for claims such as funeral expenses, loss of income, and emergency aid. It is cheap coverage so consider buying higher limits if possible.

Collision coverage - This coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. It's also possible to bump up the deductible to bring the cost down.

Comprehensive coverage - This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by your Lexus IS 350 comprehensive insurance. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle's value is low consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage - This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Because many people have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Medical payments coverage and PIP - Medical payments and Personal Injury Protection insurance kick in for bills (i.e. ambulance fees, surgery, and doctor visits). They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage.

How Much are Lexus IS 350 Insurance Rates?