2011 Lexus IS 350 Insurance Quotes in 2024 – 8 Tips for Cheapest Rates

Cutting costs on Driversauto insurance can seem to be frustrating for drivers new to comparing prices online. With so many insurance companies available, it can easily turn into a ton of work to find more affordable rates.

It’s smart to do rate comparisons every six months due to the fact that insurance prices are variable and change quite frequently. Even if you think you had the lowest price for IS 350 insurance two years ago you can probably find a lower rate today. You can find a lot of wrong information about auto insurance out there, but you can learn a bunch of ideas how to slash your auto insurance rates.

Finding affordable coverage is not rocket science. In a nutshell, everyone who shops for car insurance most likely will be able to reduce their rates. But drivers must learn how insurance companies determine prices.

How to get car insurance rate quotes

When comparison shopping, there are several ways of comparing price quotes from lots of car insurance companies. The easiest way to comparison shop involves getting comparison quotes online. This is very easy and can be done in just a few minutes using one of these methods.

1. The best way to get quotes for comparison is a comparison rater form. This method eliminates the need for separate quotation requests to each individual car insurance company. Taking the time to complete one form gets insurance cost estimates from many national carriers. Recommended for those who want to invest the least amount of time.
2. A slightly less efficient method to find better pricing requires a trip to each individual company website and request a quote. For instance, we’ll assume you are doing a rate comparison from Liberty Mutual, 21st Century and State Farm. You would be required to navigate to each company’s site and punch in your information repeatedly, which can take a lot of time.

It’s up to you which method you use, but be certain you are entering nearly identical coverages and limits with each company. If you use different coverage information then you won’t be able to make a fair comparison for your Lexus IS 350. Slightly different coverages can make a big difference in price. Just keep in mind that having more price comparisons will enable you to find better pricing. Not every company provides quotes online, so it’s important to also get price estimates from those companies as well.

Lower rates by qualifying for these eight discounts

Some providers do not advertise all discounts in an easy-to-find place, so the list below details some of the more common and also the more inconspicuous car insurance savings.

• Homeowners Savings – Being a homeowner can save you money since owning and maintaining a home means you have a higher level of financial diligence.
• Distant Student – Children who attend college more than 100 miles from home without a vehicle on campus may be insured at a cheaper rate.
• Include Life Insurance and Save – Not all companies offer life insurance, but some may give you a break if you buy life insurance from them.
• Theft Deterrent Discount – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and will save you 10% or more.
• Discount for Good Grades – This discount can save 20 to 25%. You can use this discount normally until age 25.
• Driver Training Discounts – Participating in a defensive driving course could save 5% or more depending on where you live.
• Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts could see savings up to 30%.
• Pay Now and Pay Less – By making one initial payment as opposed to paying monthly you can avoid monthly service charges.

A little note about advertised discounts, most credits do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like medical payments or collision. So even though you would think it’s possible to get free car insurance, companies wouldn’t make money that way.

Popular car insurance companies and some of their more popular discounts are outlined below.

• Progressive offers premium reductions for homeowner, online quote discount, continuous coverage, online signing, multi-vehicle, multi-policy, and good student.
• GEICO discounts include daytime running lights, military active duty, driver training, anti-theft, seat belt use, and federal employee.
• State Farm policyholders can earn discounts including driver’s education, multiple policy, good driver, multiple autos, passive restraint, and safe vehicle.
• Esurance has savings for Switch & Save, renters, anti-lock brakes, Pac-12 alumni, good student, claim free, and anti-theft.
• The Hartford has discounts for air bag, anti-theft, vehicle fuel type, bundle, defensive driver, good student, and driver training.

If you want low cost insurance coverage quotes, ask all the companies which discounts you qualify for. Some of the discounts discussed earlier might not be offered on policies in your area. To find insurers who offer discounts, enter your zip code here.

Auto insurance is unique, just like you

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Every situation is different.

For example, these questions might help in determining if your insurance needs would benefit from professional advice.

• Am I insured when driving a different vehicle?
• Am I covered if I hit my neighbor’s mailbox?
• What is UM/UIM insurance?
• When should I not file a claim?
• Do I need more liability coverage?
• Does medical payments coverage apply to all occupants?
• When do I need to add a new car to my policy?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out your zip code.

Coverages available on your car insurance policy

Learning about specific coverages of car insurance helps when choosing appropriate coverage for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Auto liability

Liability coverage protects you from damages or injuries you inflict on other’s property or people that is your fault. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged property.

Liability coverage protects against claims such as court costs, legal defense fees, medical services and medical expenses. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive car insurance

Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things like damage from getting keyed, falling objects and a broken windshield. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for uninsured or underinsured drivers

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Lexus IS 350.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for immediate expenses like funeral costs, chiropractic care and surgery. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Collision coverage

This pays for damage to your IS 350 resulting 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 can pay for claims such as backing into a parked car, hitting a mailbox, colliding with another moving vehicle, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

The bottom line

Insureds leave their current company for many reasons like high rates after DUI convictions, questionable increases in premium, poor customer service or lack of trust in their agent. No matter why you want to switch, finding a great new company can be pretty painless.

In this article, we covered a lot of information how to compare 2011 Lexus IS 350 insurance prices online. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. Consumers could even find that the most savings is with some of the lesser-known companies.

The cheapest 2011 Lexus IS 350 insurance is attainable both online and from local agencies, so you need to shop insurance coverage with both in order to have the best price selection to choose from. Some insurance companies do not provide rate quotes online and many times these regional insurance providers only sell coverage through independent insurance agents.