How to Get the Absolute Cheapest Rates When Comparing Insurance for a Lexus ES 350

Searching for the cheapest insurance for your Lexus ES 350 can normally be an all-consuming task, but you can follow our car insurance buying tips to save time.

There is a right way and a wrong way to compare car insurance rates so we’re going to tell you the proper way to price shop coverage for your Lexus and find the best price possible.

You should take the time to price shop coverage occasionally due to the fact that insurance rates trend upward over time. Just because you had the best rates for ES 350 insurance two years ago you will most likely find a better rate today. Don’t believe everything you read about car insurance online, so with this article, you’re going to get some good information on how to slash your car insurance rates.

These factors can influence Lexus ES 350 insurance rates

Smart consumers have a good feel for the different types of things that go into determining your car insurance rates. Knowing what impacts premium levels enables informed choices that could result in lower car insurance prices.

• Don’t sacrifice liability coverage – Your policy’s liability coverage is the protection if ever you are found to be at fault for causing damage or personal injury in an accident. It provides you with a defense in court starting from day one. This coverage is very inexpensive as compared to coverage for physical damage, so buy as much as you can afford.
• Traffic citations inflate rates – Only having one ticket can increase rates by twenty percent. Good drivers get better rates compared to drivers with tickets. Drivers with flagrant tickets such as DWI, reckless driving or hit and run convictions are required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to keep their license.
• Better credit scores mean better rates – Credit score is a important factor in your rate calculation. Drivers with excellent credit tend to file fewer claims and have better driving records than those with poor credit. If your credit rating is low, you could be paying less to insure your Lexus ES 350 by repairing your credit.
• Safer cars are cheaper to insure – Vehicles with high crash test scores tend to have better insurance rates. Safe vehicles reduce injuries and fewer injuries means lower claim amounts and more competitive rates for policyholders. If your Lexus scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.

Take advantage of discounts

Insuring your fleet can be pricey, but you may find discounts that you may not even be aware of. Most are applied when you get a quote, but a few must be inquired about prior to getting the savings. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

• Fewer Miles Equal More Savings – Driving fewer miles can earn lower rates on the low mileage vehicles.
• Discounts for Safe Drivers – Drivers who avoid accidents can pay as much as 50% less for ES 350 insurance than drivers with accident claims.
• Life Insurance Discount – Companies who offer life insurance give a break if you buy life insurance.
• Drivers Ed for Students – Have your child enroll in driver’s education if offered at their school.
• Seat Belts Save – Drivers who require all occupants to wear their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
• Student in College – Any of your kids who live away from home without a vehicle on campus can be insured at a reduced rate.
• Defensive Driver – Taking a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
• Accident Forgiveness – Some insurance companies permit an accident without raising rates if you are claim-free prior to the accident.
• Anti-theft Discount – Vehicles with anti-theft systems help deter theft and therefore earn up to a 10% discount.

Consumers should know that many deductions do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like all those discounts means the company will pay you, you won’t be that lucky. Any amount of discount will reduce the amount you have to pay.

In conclusion

We just showed you a lot of ways to reduce Lexus ES 350 insurance prices online. The key concept to understand is the more rate comparisons you have, the higher your chance of finding lower rates. You may even find the lowest premiums are with the smaller companies.

When you buy insurance online, you should never sacrifice coverage to reduce premiums. There have been many situations where someone dropped collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase a proper amount of coverage at a price you can afford while still protecting your assets.

Drivers switch companies for a number of reasons such as policy non-renewal, poor customer service, not issuing a premium refund or delays in paying claims. It doesn’t matter why you want to switch choosing a new company can be pretty painless.