2013 Lexus GS 350 Insurance Rates

Trying to find lower car insurance rates for your Lexus GS 350? Wish you could get out of overpriced car insurance? Trust us, many consumers are in the same pinch.

Since people have many choices, it’s nearly impossible to find the best insurer.

Buying car insurance is quite easy. If you have car insurance now, you should be able to reduce your rates substantially using these methods. Although car owners must learn the methods companies use to determine prices because it can help you find the best coverage.

What affects Lexus GS 350 insurance costs?

Consumers need to have an understanding of the different types of things that help calculate the price you pay for auto insurance. When you know what positively or negatively determines premiums, this allows you to make educated decisions that will entitle you to lower auto insurance prices.

• Never go without auto insurance – Allowing your coverage to lapse can be a sure-fire way to pay more for auto insurance. In addition to paying higher premiums, the inability to provide proof of insurance might get you fines or a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with your state DMV.
• Do you have enough liability insurance? – Liability insurance will protect you if ever you are responsible for causing personal injury or damage in an accident. Your liability coverage provides legal defense which can cost thousands of dollars. Liability insurance is pretty cheap compared to physical damage coverage, so drivers should make sure they buy enough to cover all assets.
• Pay more if you have a long commute – Choosing to live in less populated areas can save you money when shopping for auto insurance. Fewer people translates into fewer accidents and also fewer theft and vandalism claims. City drivers have more aggressive driving styles and a longer drive to work. Higher commute times statistically corresponds to a higher accident and claim rate.
• Frequent policy claims will cost you more – Auto insurance companies generally give lower rates to policyholders who only file infrequent claims. If you file claims often, you can look forward to higher premiums or even policy non-renewal. Your car insurance is designed for larger claims.

Low cost car insurance prices

To find the cheapest car insurance quotes, there are several ways to compare quotes from all the different companies. The easiest way by far to comparison shop involves getting comparison quotes online. This can be accomplished in a couple of different ways.

The single most time-saving way consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This easy form saves time by eliminating separate quotes for every prospective company. In just a few minutes this one form will get you rate comparisons instantly.

Another way to compare prices requires a trip to each individual company website and repeat the quote process. For sake of this example, we’ll assume you want to compare rates from Farmers, Safeco and GMAC. You would have to spend time on each company’s site and enter your policy data, which is not fast way to get rate quotes.

To view a list of companies in your area, click here.

Even if you have time, the least recommended way to compare price quotes is actually driving to insurance agencies in your area. Buying insurance online reduces the need to sit down with an agent unless you have a need for the professional assistance of a licensed agent. Some companies do allow you to comparison shop online and get advice from an agent in your area.

How you compare quotes is your choice, just double check that you are using the exact same coverages with each company. If your comparisons have mixed coverages it will be nearly impossible to determine the lowest rate for your Lexus GS 350. Just a small difference in coverages may result in large price differences. And when price shopping your coverage, comparing a wide range of rates helps locate the best rates. Some insurance companies are not set up to provide prices over the internet, so you need to compare prices from them, too.

Are insurance coverage companies telling the truth?

Popular insurance coverage providers such as State Farm, Geico and Progressive endlessly run ads on television and other media. They all seem to make the point about saving some big amount after switching to their company. How does every insurance coverage company give you a better price?

Companies quote their cheapest rates for the type of driver that will be a good risk. One example of this type of driver might have to be over the age of 35, has never had a policy lapse, and has a short commute. A propective insured who matches that profile will most likely get cheap premium rates and will save some money.

Drivers who don’t meet those criteria will probably have to pay higher premiums which usually ends up with the customer buying from a different company. Company advertisements say “drivers who switch” not “everyone who quotes” save that much. That’s why insurance companies can make it sound like they have such great premium rates. This emphasizes why drivers must do a price quote comparison at every renewal. Because you never know which insurance coverage company will have the best car insurance rates.

Discounts for affordable insurance quotes

Not many people think insurance is cheap, but there could be significant discounts that can help lower your rates. Many of these discounts will be applied automatically when you quote, but some need to be requested specifically prior to getting the savings.

• Student in College – Older children who live away from home at college and do not have access to a covered vehicle could qualify for this discount.
• Claim-Free Discount – Insureds with no claims or accidents have much lower rates when compared to drivers with a long claim history.
• Multi-line Discount – Insurance carriers who offer life insurance give a small discount if you purchase life insurance.
• Own a Home – Being a homeowner can save a few bucks because maintaining a house means you have a higher level of financial diligence.
• First Accident Forgiveness – Not necessarily a discount, but companies like Liberty Mutual and Geico will allow you to have one accident before they charge you more for coverage if your claims history is clear for a set time period.
• ABS Brakes – Anti-lock brake equipped vehicles can stop better under adverse conditions so you can save 10 percent or more.
• Smart Student Discounts – Being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
• Drive Less and Save – Driving fewer miles can qualify you for slightly better prices than normal.
• Organization Discounts – Having an affiliation with qualifying employment or professional organizations could trigger savings on your next insurance statement.

A quick disclaimer, most discount credits are not given to the overall cost of the policy. Most only reduce the cost of specific coverages such as liability and collision coverage. Despite the fact that it seems like adding up those discounts means a free policy, nobody gets a free ride.

If you would like to choose from a list of providers who offer insurance discounts, click here to view.

You may need specialized car insurance coverage

When it comes to buying the right insurance coverage, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For instance, these questions might help in determining if you might need an agent’s assistance.

• Am I insured when driving a different vehicle?
• Do I need PIP (personal injury protection) coverage in my state?
• How do I file an SR-22 for a DUI in my state?
• What is the ISO rating for a 2013 Lexus GS 350?
• Am I covered when pulling a rental trailer?
• Can I afford low physical damage deductibles?
• I have good health insurance, so how much medical payments coverage do I need?
• Should I drop comprehensive coverage on older vehicles?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Auto insurance 101

Learning about specific coverages of a insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages found on the average insurance policy.

Uninsured and underinsured coverage – Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Auto liability insurance – This can cover injuries or damage you cause to a person or their property that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

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 commonly see policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage pays for claims such as repair costs for stationary objects, loss of income, court costs and bail bonds. How much liability should you purchase? That is your choice, but you should buy as high a limit as you can afford.

Coverage for medical payments – Coverage for medical payments and/or PIP kick in for short-term medical expenses such as dental work, nursing services, chiropractic care, ambulance fees and X-ray expenses. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive coverages – This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like theft, hail damage and fire damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision coverage – This coverage pays to fix your vehicle from damage caused by collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like sideswiping another vehicle, scraping a guard rail, damaging your car on a curb, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Be a Smart Shopper

We’ve covered quite a bit of information on how to shop for 2013 Lexus GS 350 insurance online. The most important thing to understand is the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. You may even find the most savings is with a small mutual company. These smaller insurers often have lower car insurance rates on specific markets as compared to the big name companies such as Geico and State Farm.

Low-cost 2013 Lexus GS 350 insurance is possible from both online companies in addition to many insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance coverage companies don’t offer online quoting and many times these regional carriers sell through independent agents.

More tips and info about insurance coverage is located by following these links:

• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• Winter Driving (Insurance Information Insitute)
• Property Damage Coverage (Liberty Mutual)
• State Laws for Cellphones and Texting (iihs.org)
• Tools for Teen Driving Safety (State Farm)
• Help Your Teen Be a Better Driver (State Farm)