Feel like you’re a prisoner to an expensive auto insurance policy? It’s quite common and many consumers are feeling buyer’s remorse and feel like there’s no way out.
Companies like State Farm, Allstate, Geico and Progressive constantly bombard you with advertising and it is difficult to separate fact from fiction and effectively compare rates to find the best deal.
It’s a good habit to do rate comparisons before your next renewal because insurance prices are constantly changing. Just because you found the lowest price for IS 250 C coverage a year ago you will most likely find a better rate quote today. Ignore everything you know about auto insurance because you’re about to learn the easiest way to eliminate unnecessary coverages and save money.
An important part of buying insurance is that you know the different types of things that play a part in calculating the rates you pay for insurance. When you understand what impacts premium levels, this allows you to make educated decisions that may result in lower rates.
Companies offering auto insurance don’t list every discount they offer very clearly, so below is a list both the well known as well as some of the hidden credits available to you. If you are not receiving all the discounts you qualify for, you may be paying too high a price.
Discounts reduce rates, but you should keep in mind that many deductions do not apply the the whole policy. Some only reduce the price of certain insurance coverages like comp or med pay. Just because it seems like it’s possible to get free car insurance, you’re out of luck.
Popular insurance coverage companies and a selection of discounts can be found below.
When getting a coverage quote, ask each company the best way to save money. Some of the discounts discussed earlier may not apply everywhere.
When it comes to choosing adequate coverage, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that may help highlight whether your personal situation may require specific advice.
If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.
Knowing the specifics of a insurance policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on most insurance policies.
Liability insurance – This provides protection from damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, 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 claims like bail bonds, funeral expenses, court costs, emergency aid and pain and suffering. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.
Comprehensive coverage – This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for things like rock chips in glass, damage from getting keyed, a broken windshield and theft. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as damage to your Lexus IS 250 C.
Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for bills such as chiropractic care, pain medications, doctor visits, X-ray expenses and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay
Collision coverage – Collision insurance pays for damage to your IS 250 C resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against claims such as scraping a guard rail, driving through your garage door, hitting a mailbox and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.
Some insurance coverage companies may not offer the ability to get quotes online small insurance companies prefer to sell through local independent agents. Affordable 2013 Lexus IS 250 C insurance is attainable from both online companies and also from your neighborhood agents, and you need to price shop both to have the best rate selection.
In this article, we presented a lot of ways to save on 2013 Lexus IS 250 C insurance. The most important thing to understand is the more companies you get prices for, the more likely it is that you will get a better rate. Drivers may discover the most savings is with some of the lesser-known companies. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as State Farm, Geico and Nationwide.
More tips and info about insurance coverage can be found in the articles below:
Rebbecca Mcfadden
Corporate greed I’m telling you. I’m just north of Columbus, GA. Got free quotes online for a 2013 Lexus IS 250 C. Ended up at about $100 savings annually. Went with Allstate. Left USAA to switch. Even increased my liability limits.
Dominique Ortiz
I live just outside Overland Park, KS. I got free prices from Allstate, Auto-Owners, and Farmers for my 2013 Lexus IS 250 C and saved just over $540 a year. I recommend comparing lots of rates.
Vivienne Maldonado
Is 21st Century or Farmers cheap in Kailua, HI?
Deb Nash
Like your site, BTW. Found cheapest coverage with Safeco for my Lexus and saved about $460 a year. BTW speeding tickets are not good.
September Keller
Cheaper car insurance is a myth. Live in the southern part of Juneau, AK. Received prices from AAA, Esurance, and Mercury for my IS 250 C and saved just over $460 a year. :)
Kristofer Hanson
All companies are crooks. I live on the east side of West Valley City, Utah. Quoted prices online for a 2013 Lexus IS 250 C. Ended up at about $130 savings annually. Went with Allstate. Hardly afford to drive anymore.
Bennie Shields
Will 21st Century cancel me for an at-fault accident?
Hermine Everett
I’m looking for cheaper coverage. I live east of Buffalo, New York. I compared lots of rates. Saved right around $70 a month. State Farm was the most affordable for me. I get a discount for insuring multiple vehicles.
Chasidy Matthews
Corporate greed I’m telling you. From northwest of Charleston, SC. I compared lots of rates. Saved darn near $70 a month. Progressive was the best choice for me. It never hurts to quote around.
Kassandra Garza
I live in Miami, FL. Received prices from Amica, Mercury, and some smaller one I can’t remember the name of for my Lexus and am saving around $470 a year. Was with Travelers. Thankfully I have a good driving record.
Connie Evans
From west side of Atlanta, GA and for me Progressive had the lowest quote. Was with MetLife. Still almost need a second mortgage.
Felice Horne
Where can I find cheaper car insurance in Tampa, FL?