2014 Lexus RX 350 Insurance Rates – 6 Discounts for Best Quotes

Searching for lower auto insurance rates for your Lexus RX 350? Did a good deal turn out to be high-priced auto insurance? Believe me when I say there are lots of residents who feel the same.

Consumers have so many car insurance companies to insure vehicles with, and although it’s a good thing to have a selection, so many choices can make it hard to locate the cheapest rates.

You need to do price comparisons before your policy renews because rates are usually higher with each renewal. Despite the fact that you may have had the lowest premium rates for RX 350 insurance a year ago you can probably find a lower rate today. There is a lot of wrong information about auto insurance online, but in just a couple of minutes you can learn some of the best ways to put money back in your pocket.

Choosing the best insurance company for you is easy if you know what you’re doing. If you currently have car insurance, you will most likely be able to save some money using this information. Although consumers do need to know how the larger insurance companies market insurance on the web and apply this information to your search.

Compare insurance rate quotes online

When looking for inexpensive insurance quotes, there are a couple ways to compare rate quotes from many different insurance companies. The recommended way to compare 2014 Lexus RX 350 insurance prices consists of shopping online. It’s really quite simple and can be done using a couple different methods.

• If you’re in a hurry, the quickest way to find low rates would be an industry-wide quote request form click here to open form in new window. This quick form eliminates the need for a different quote for each price estimate. In just a few minutes this one form will get you rate comparisons from multiple low-cost companies.
• A more difficult way to compare rate quotes consists of going to each individual company website and fill out their own quote form. For example, we’ll pretend you want to get rates from Liberty Mutual, State Farm and Allstate. In order to get each rate, you would have to spend time on each company’s site to enter your coverage information, which can take a lot of time.

  For a handy list of car insurance company links in your area, click here.

It doesn’t matter which method you choose, just be sure to compare identical coverage information for each price quote. If you use mixed coverages it’s not possible to determine which company has the best rates. Just a small difference in limits can result in a big premium difference. Just remember that comparing more rates from different companies provides better odds of finding the best price. Some companies don’t provide rate quotes online, so it’s recommended that you also compare price quotes from them as well.

Auto insurance discounts help cut rates

Companies don’t necessarily list their entire list of discounts very clearly, so the following is a list of some of the more common as well as some of the hidden credits available to lower your premiums when you buy insurance online. If you’re not getting every credit available, you are just wasting money.

• One Accident Forgiven – Not really a discount, but some companies like Allstate and Progressive will let one accident slide before raising your premiums with the catch being you have to be claim-free for a set time period.
• Driver Education Discount – Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
• Telematics Data – People who choose to allow driving data submission to track vehicle usage remotely such as Progressive’s Snapshot might see lower rates if their driving habits are good.
• Discounts for New Vehicles – Buying coverage on a new vehicle can be considerably cheaper because newer vehicles keep occupants safer.
• Discounts for Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save 10% or more off the medical payments premium.
• Passive Restraints – Vehicles equipped with air bags could see savings of more than 20%.

Consumers should know that most discount credits are not given to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though the math looks like adding up those discounts means a free policy, it’s just not the way it works.

Large auto insurance companies and a summarized list of policyholder discounts include:

• State Farm policyholders can earn discounts including multiple policy, student away at school, Steer Clear safe driver discount, multiple autos, and good driver.
• Farmers Insurance may include discounts for teen driver, early shopping, distant student, pay in full, homeowner, bundle discounts, and good student.
• Geico has savings for anti-theft, five-year accident-free, seat belt use, daytime running lights, driver training, and military active duty.
• American Family discounts include air bags, bundled insurance, multi-vehicle, Steer into Savings, and early bird.
• Nationwide may offer discounts for multi-policy, good student, business or organization, Farm Bureau membership, family plan, defensive driving, and accident-free.
• Progressive offers discounts including multi-vehicle, continuous coverage, online signing, homeowner, multi-policy, good student, and online quote discount.

Before purchasing a policy, check with each company which discounts can lower your rates. A few discounts might not be available to policyholders in your area.

Which is the best car insurance?

When choosing adequate coverage for your personal vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions could help you determine if you might need an agent’s assistance.

• Does my insurance cover my expensive audio equipment?
• Do I need PIP (personal injury protection) coverage in my state?
• Can I afford to pay high deductible claims out of pocket?
• Should I buy only the required minimum liability coverage?
• Am I getting all the discounts available?
• Where can I get insurance after a DUI in my state?
• What if I don’t agree with a claim settlement offer?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Car insurance coverage information

Learning about specific coverages of car insurance can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages available from car insurance companies.

Coverage for liability – Liability insurance can cover injuries or damage you cause to people or other property by causing an accident. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for claims like funeral expenses, medical services and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but buy higher limits if possible.

Coverage for medical payments – Med pay and PIP coverage kick in for expenses for things like rehabilitation expenses, chiropractic care, prosthetic devices, doctor visits and X-ray expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Collision coverages – This pays to fix your vehicle from damage resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as driving through your garage door, crashing into a ditch, rolling your car, colliding with another moving vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Lexus RX 350.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Comprehensive coverages – Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like hitting a deer, a broken windshield, damage from a tornado or hurricane, a tree branch falling on your vehicle and theft. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.