Cheap 2018 Lexus IS 350 Insurance Rates in 2024

Searching for cheaper auto insurance rates? Consumers have many options when looking for low-cost Lexus IS 350 insurance. You can either spend your time struggling with agents getting price quotes or utilize the internet to make rate comparisons. There is a right way and a wrong way to shop for auto insurance so you’re going to learn the best way to quote coverages for a new or used Lexus and obtain the lowest possible price.

It’s important to get comparison quotes at least once a year because prices go up and down regularly. Just because you had the lowest quotes on IS 350 coverage a year ago a different company probably has better rates today. Ignore everything you know about auto insurance because you’re about to find out the quickest way to find better coverage at a better price.

Buying car insurance is easy if you know what you’re doing. If you have car insurance now, you should be able to reduce your rates substantially using this information. Drivers just need to know the most efficient way to buy insurance coverage over the internet.

Discount car insurance quotes

The price of auto insurance can be rather high, but you can get discounts that can help lower your rates. Certain discounts will be applied when you purchase, but a few must be asked for in order for you to get them. If you are not receiving all the discounts you deserve, you are paying more than you should be.

• Good Driver Discounts – Insureds who avoid accidents can get discounts for up to 45% lower rates on IS 350 coverage compared to accident prone drivers.
• Seat Belts Save more than Lives – Requiring all passengers to use their safety belts may be able to save a few bucks off the PIP or medical payment premium.
• New Car Discount – Insuring a new car can save you some money since newer vehicles have better safety ratings.
• No Charge for an Accident – Not a discount per se, but a few companies such as Progressive, Allstate, and GEICO may permit one accident without getting socked with a rate hike as long as you don’t have any claims for a specific time period.
• Military Deployment Discount – Being on active deployment in the military may qualify for rate reductions.
• Bundled Policy Discount – If you can bundle your auto and home insurance and insure them both with the same insurance company you may save 10% to 20% off each policy.
• Theft Deterrent – Vehicles with anti-theft systems can help prevent theft and can earn a small discount on your policy.

It’s important to note that some credits don’t apply to all coverage premiums. Most only cut individual premiums such as liability, collision or medical payments. Just because it seems like it’s possible to get free car insurance, car insurance companies aren’t that generous.

Popular car insurance companies and their offered discounts can be found below.

• State Farm offers premium reductions for driver’s education, safe vehicle, student away at school, good driver, defensive driving training, accident-free, and multiple policy.
• Farmers Insurance has savings for business and professional, alternative fuel, multi-car, youthful driver, and early shopping.
• Progressive may offer discounts for online quote discount, good student, homeowner, multi-vehicle, continuous coverage, and online signing.
• GEICO includes discounts for five-year accident-free, good student, anti-lock brakes, multi-policy, air bags, and seat belt use.
• Auto-Owners Insurance offers discounts for good student, group or association, multi-policy, teen driver, multiple vehicles, paid in full, and safe vehicle.
• The Hartford discounts include good student, vehicle fuel type, anti-theft, defensive driver, and air bag.
• Farm Bureau policyholders can earn discounts including renewal discount, safe driver, good student, 55 and retired, multi-policy, driver training, and youthful driver.
• USAA may include discounts for safe driver, multi-vehicle, new vehicle, multi-policy, and annual mileage.

If you are trying to find affordable insurance quotes, ask each company or agent the best way to save money. Discounts might not apply in your area. If you would like to see a list of insurance companies offering car insurance discounts, enter your zip code here.

Cut insurance costs with these tips

Many things are used when you get your auto insurance bill. Some are obvious like your driving record, although others are more obscure like your continuous coverage or how safe your car is. Consumers need to have an understanding of some of the elements that go into determining your car insurance rates. When you understand what impacts premium levels, this enables informed choices that could help you find big savings.

• Being married can lower premiums – Walking down the aisle can actually save you money on your policy. It translates into being less irresponsible and statistics prove drivers who are married file infrequent claims.
• The more you drive the more you pay – The more miles you rack up on your Lexus in a year the higher your rates will be. Almost all companies charge to insure your cars based upon how the vehicle is primarily used. Vehicles that have low annual miles can get a lower rate than cars that get driven a lot. Improper usage on your IS 350 may be costing you. It’s a good idea to make sure your car insurance coverage shows the correct usage for each vehicle.
• Low credit rating equals high rates – Having a bad credit rating is a big factor in calculating your car insurance rates. Consumers who have high credit ratings tend to be better risks to insure as compared to drivers with lower ratings. If your credit score can use some improvement, you could be paying less to insure your 2018 Lexus IS 350 if you improve your credit rating.
• Gender and auto insurance – Statistics show that women are safer drivers than men. However, don’t assume that males are worse at driving than females. Women and men cause at-fault accidents in similar numbers, but males have costlier accidents. Men also get ticketed for serious violations like DUI and reckless driving.
• Cut rates and deter theft – Purchasing a vehicle with a theft deterrent system can help lower your premiums. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers help track and prevent auto theft and help lower rates.
• Extra coverages are wasting money – There are many extra add-on coverages that can add up on your IS 350 policy. Coverages like coverage for rental cars, accidental death, and motor club memberships may be wasting your money. They may sound like good ideas at first, but if you have no use for them remove them and pocket the money.
• Where you live is a factor – Living in areas with lower population has it’s advantages when shopping for auto insurance. Less people living in that area means a lower chance of having an accident as well as less vandalism and auto theft. Drivers in populated areas have to deal with congested traffic and longer commutes to work. The longer drive time means a statistically higher chance of an accident.

Tailor your car insurance coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique.

These are some specific questions might point out if you will benefit from professional help.

• What is UM/UIM insurance?
• I have good health insurance, so how much medical payments coverage do I need?
• Do I pay less if my vehicle is kept in my garage?
• Does insurance cover tools stolen from my truck?
• Should I buy full coverage?
• Will filing a claim cost me more?
• What is high-risk coverage and where do I buy it?
• Am I covered if I drive in a foreign country?
• Why does it cost so much to insure a teen driver?
• Does insurance cover damages from a DUI accident?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete your zip code. It’s fast, free and can help protect your family.

Information about specific coverages

Knowing the specifics of your insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for things like surgery, EMT expenses, pain medications, hospital visits and funeral costs. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Collision coverage

This covers damage to your IS 350 resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as sideswiping another vehicle, colliding with another moving vehicle, crashing into a ditch, hitting a mailbox and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a deer, damage from a tornado or hurricane, falling objects, rock chips in glass and hail damage. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

UM/UIM Coverage

This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Lexus IS 350.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto liability

This protects you from injuries or damage you cause to other people or property that is your fault. It protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for things such as emergency aid, structural damage and bail bonds. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Don’t be a big spender

When you buy insurance online, it’s not a good idea to skimp on coverage in order to save money. There have been many situations where an accident victim reduced uninsured motorist or liability limits to discover at claim time that their decision to reduce coverage ended up costing them more. The goal is to buy a smart amount of coverage for the lowest cost, but don’t skip important coverages to save money.

Lower-priced 2018 Lexus IS 350 insurance is possible online in addition to many insurance agents, so you need to quote insurance with both to have the best chance of lowering rates. Some insurance providers don’t offer online price quotes and many times these small insurance companies only sell coverage through independent agents.

In this article, we presented quite a bit of information on how to reduce 2018 Lexus IS 350 insurance premium rates online. The key concept to understand is the more providers you compare, the better your comparison will be. Consumers may even find the lowest priced insurance comes from the smaller companies.