2011 Lexus IS 350 Car Insurance Cost

Looking for the cheapest car insurance rates for your Lexus IS 350? Are you drained from paying out the nose to buy car insurance? You are no different than millions of other drivers. Since drivers have many insurance companies to choose from, it is hard for the average consumer to choose the cheapest insurance company.

You should take the time to do rate comparisons occasionally since prices change quite often. Just because you had the best rates on IS 350 coverage at your last renewal you will most likely find a better rate quote today. Ignore everything you know about car insurance because you’re going to learn the best way to save money, get proper coverage and the best rates.

The purpose of this post is to teach you how to get online quotes and some tips to save money. If you currently have car insurance, you should be able to reduce your rates substantially using these tips. Drivers just need to understand how to shop on the web.

Pay discount rates these discounts

Some companies don’t always list all their discounts in a way that’s easy to find, so we break down some of the more common as well as the least known credits that may apply to you. If you aren’t receiving every discount you qualify for, you are just wasting money.

• Accident Waiver – Not really a discount, but some insurance companies will allow you to have one accident without getting socked with a rate hike if you have no claims before the accident.
• Anti-lock Brake Discount – Cars and trucks with anti-lock braking systems can avoid accidents so you can save 10 percent or more.
• No Claim Discounts – Good drivers with no accidents pay much less as opposed to drivers with a long claim history.
• Discount for New Cars – Putting insurance coverage on a new car can be considerably cheaper because newer models have to meet stringent safety requirements.
• Paperless Signup – Some of the larger companies will give a small break get insurance on your computer.

Don’t be surprised that most of the big mark downs will not be given to the entire policy premium. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like you can get free auto insurance, insurance companies aren’t that generous.

A partial list of companies that possibly offer most of these discounts possibly include:

• State Farm
• American Family
• AAA
• Geico
• Mercury Insurance
• Farmers Insurance
• Progressive

If you want affordable insurance quotes, ask each company how you can save money. Some discounts listed above may not apply to policyholders in your area. If you would like to view companies that offer discounts, click here.

Special considerations

When it comes to buying the best insurance coverage for your personal vehicles, there is no perfect coverage plan. Every insured’s situation is different so this has to be addressed. For example, these questions might help in determining whether your personal situation will benefit from professional help.

• Can I rate high risk drivers on liability-only vehicles?
• What is PIP insurance?
• Should I buy additional glass protection?
• Am I covered if I wreck a rental car?
• Will filing a claim cost me more?
• Where can I get insurance after a DUI in my state?
• How high should deductibles be on a 2011 Lexus IS 350?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Parts of your insurance policy

Learning about specific coverages of your insurance policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. These are typical coverage types available from insurance companies.

Auto collision coverage

This covers damage to your IS 350 from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like sideswiping another vehicle, crashing into a ditch, backing into a parked car, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills for ambulance fees, doctor visits, funeral costs and nursing services. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these coverages do not exceed the liability coverage limits.

Liability

Liability coverage will cover damage or injury you incur to a person or their property. This insurance protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Another option is 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 coverage pays for things like emergency aid, repair bills for other people’s vehicles and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as high a limit as you can afford.

Comprehensive insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, falling objects, fire damage, vandalism and hail damage. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Make a quick buck

You just learned quite a bit of information on how to shop for 2011 Lexus IS 350 insurance online. The key concept to understand is the more rate comparisons you have, the better likelihood of getting affordable insurance. You may even discover the lowest rates are with a lesser-known regional company. They may often insure only within specific states and give getter rates compared to the large companies like State Farm or Progressive.

Cheaper auto insurance can be sourced on the web in addition to many insurance agents, and you should compare rates from both to have the best rate selection. Some companies do not provide the ability to get a quote online and usually these smaller providers work with independent insurance agents.

More tips and info about auto insurance is available by following these links:

• Young Drivers: The High Risk Years Video (iihs.org)
• Child Safety Seats (Insurance Information Insitute)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Speed and Speed Limit FAQ (iihs.org)
• Red Light Cameras (State Farm)