How Much Does 2020 Lexus ES 350 Car Insurance Cost in 2024?

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: May 22, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Searching for lower insurance rates for your Lexus ES 350? If you’re shopping for lower-cost insurance online, do you get confused by the number of insurance companies available to you? Lot’s of other drivers are too. There are so many options that it can be a difficult mission to find the perfect company for you.

You should make it a habit to take a look at other company’s rates periodically because prices tend to go up over time. Even if you got the best quotes on ES 350 coverage two years ago a different company probably has better rates today. Block out anything you think you know about insurance because I’m going to let you in on the secrets to how to use online quotes to properly buy coverages while reducing your premium.

Quote insurance coverage online

Most of the larger companies like State Farm, Allstate and GEICO give insurance quotes directly from their websites. Getting online quotes is quite simple as all you need to do is type in the amount of coverage you want as detailed in the form. After you submit the form their quoting system collects your credit score and driving record and returns pricing information based on many factors.

Being able to quote online streamlines rate comparisons, but having to visit different websites and complete many quote forms can be a bit tiresome and repetitive. But it’s also necessary to get many rate quotes if you want to get the best price on insurance coverage.

There is an easier way to compare rates

A more efficient way to lower your insurance coverage bill uses one simple form that analyzes rates from a bunch of companies at once. This type of form saves time, eliminates form submissions, and makes price shopping online much more efficient. Immediately after submitting the form, it gets priced with multiple companies and you can pick your choice of the pricing results. If one or more price quotes are lower than your current rates, you can click and sign and purchase the new policy. This process only takes a few minutes and you will know how your current rates stack up.

If you want to fill out one form to compare multiple rates now, simply enter your zip code here and complete the simple form. If you have your current policy handy, we recommend you copy the coverages exactly as shown on your declarations page. This makes sure you are getting a rate comparison for similar coverage.

Discount insurance coverage quotes

Insurance can cost an arm and a leg, but there could be available discounts that you may not even know about. A few discounts will be applied when you quote, but a few need to be requested specifically prior to receiving the credit.

  • Cautious Driver Discounts – Safe drivers can get discounts for up to 45% lower rates on ES 350 coverage than their less cautious counterparts.
  • Homeowners Discount – Owning a house can save a few bucks since home ownership requires a higher level of personal finance.
  • Senior Discount – Seniors may receive a small decrease in premiums on ES 350 coverage.
  • Discount for Switching Early – Some insurance coverage companies reward drivers for buying a policy before your current expiration date. You could save around 10% when you buy insurance coverage online.
  • New Vehicle Savings – Putting insurance coverage coverage on a new car can save up to 30% since newer models are generally safer.
  • Discounts for Government Workers – Simply working for the federal government may qualify for a discount when you quote insurance coverage on ES 350 coverage depending on your company.
  • Claim Free – Drivers with accident-free driving histories pay less as compared to policyholders that have many claims.
  • Anti-lock Brakes – Cars equipped with ABS or steering control can avoid accidents and the ABS can save up to 10%.

As is typical with insurance, many deductions do not apply to the entire policy premium. A few only apply to the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like you would end up receiving a 100% discount, that’s just not realistic.

Companies who may offer some of the above discounts are:

  • State Farm
  • Progressive
  • Travelers
  • American Family
  • Liberty Mutual

When getting free insurance coverage quotes, it’s a good idea to each insurance company to apply every possible discount. Discounts might not be offered on policies everywhere. To view companies who offer online insurance coverage quotes, enter your zip code here.

Six things that affect your insurance costs

It’s important that you understand some of the elements that help determine your auto insurance rates. When you know what positively or negatively determines base rates, this allows you to make good choices that can earn you lower premium levels.

  • Higher premiums for demanding employers – Occupations like real estate brokers, air traffic controllers and stock brokers tend to pay higher premiums than the average policyholder because of high stress and lots of time spent at work. Conversely, occupations like scientists, students and homemakers generally pay rates lower than average on ES 350 coverage.
  • Prevent your car from being stolen – Driving a car with an alarm system can help bring down rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop auto theft.
  • Are you male or female? – Statistics have proven that females take fewer risks when driving. Now that doesn’t mean males are worse at driving than females. Women and men cause fender benders at a similar rate, but the males cause more damage. Not only are claims higher, but men get higher numbers of serious violations like DWI (DUI) or reckless driving. Males from age 16 to 21 have the highest risk to insure so it costs more to insure them.
  • Know your vehicle’s safety rating – Cars with high safety ratings get lower rates. These vehicles have better occupant injury protection and fewer serious injuries translates into savings for insurance companies passed on to you as lower rates.
  • Only buy coverage you need – There are many add-on coverages you can purchase if you aren’t diligent. Insurance for things like roadside assistance, accidental death, and additional equipment coverage are examples of these. They may sound like good ideas when discussing your needs, but now you might not need them so eliminate them to save money.
  • Being married can lower premiums – Having a wife or husband may save some money on your auto insurance policy. It may mean you are more mature and insurance companies reward insureds because drivers who are married file infrequent claims.

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage, there really is not a one size fits all plan. Each situation is unique.

Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

  • How high should my medical payments coverage be?
  • What is UM/UIM insurance?
  • What are the financial responsibility laws in my state?
  • Am I covered if my car is in a flood?
  • Does my car insurance cover rental cars?
  • Who is covered by my policy?
  • Do I have coverage if my license is suspended?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out your zip code.

Insurance coverage breakdown

Learning about specific coverages of your insurance policy helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and damage to your Lexus ES 350.

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

Liability coverage

Liability coverage can cover damage that occurs to people or other property that is your fault. It protects you from claims by other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things like pain and suffering, court costs, repair bills for other people’s vehicles, emergency aid and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

Insurance for medical payments

Med pay and PIP coverage kick in for short-term medical expenses like EMT expenses, rehabilitation expenses, prosthetic devices and chiropractic care. They are often utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Collision protection

Collision insurance pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as hitting a mailbox, sustaining damage from a pot hole and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like hitting a bird, hitting a deer, vandalism, a broken windshield and theft. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Make an honest buck

Low-cost 2020 Lexus ES 350 insurance can be found from both online companies and from local insurance agents, and you need to comparison shop both to get a complete price analysis. Some companies do not provide online rate quotes and usually these small, regional companies only sell through independent agencies.

While you’re price shopping online, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed full coverage to discover at claim time that the savings was not a smart move. Your strategy should be to buy the best coverage you can find at a price you can afford, but don’t skip important coverages to save money.

Insureds change insurance companies for many reasons like extreme rates for teen drivers, policy non-renewal, policy cancellation or high prices. No matter why you want to switch, switching companies can be easier than you think.

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

secured lock Secured with SHA-256 Encryption

You May Also Enjoy These Articles