Lexus ES 350 Insurance – 5 Discounts Drivers are Forgetting

Buyers have options when searching for the lowest priced Lexus ES 350 insurance. You can either spend your time driving around getting price quotes or leverage the internet to get rate quotes.

There is a better way to buy car insurance so we’re going to tell you the absolute fastest way to compare rates for a Lexus and get the lowest possible price from local insurance agents and online providers.

The purpose of this post is to tell you the most effective way to quote insurance and some money-saving tips. If you have car insurance now, you should be able to cut costs considerably using this strategy. Consumers only need to know the proper way to compare prices over the internet.

How to Compare Car Insurance Costs

All the larger car insurance companies provide prices online. Getting online quotes is fairly straightforward as you just enter your coverage information into a form. After you complete the form, the system requests information on your driving record and credit history and returns a price quote based on these factors.

This simplifies rate comparisons, but the time required to go to several different sites and complete many quote forms can get tiresome after awhile. But it’s absolutely necessary to compare as many rates as possible if you are searching for a better rate.

The smarter way to get multiple rate quotes utilizes a single form to obtain quotes from multiple companies. It saves time, reduces the work, and makes quoting online much simpler. Immediately after submitting the form, it gets priced and you can select your choice of the price quotes you receive.

If you find a better price it’s easy to complete the application and purchase coverage. The entire process takes 15 minutes at the most and can result in significant savings.

To quickly compare rates using this form now, click here and enter your vehicle and coverage information. If you have a policy now, it’s recommended you duplicate deductibles and limits as shown on your current policy. Using the same limits helps guarantee you will get rate comparison quotes based on similar coverages.

Don’t pay full price with these 5 discounts

Car insurance is not cheap, but companies offer discounts that many people don’t even know exist. Certain discounts will be applied at the time you complete a quote, but some may not be applied and must be manually applied before you will receive the discount. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

• Paperwork-free – A few companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
• Good Student Discount – Performing well in school can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
• College Student – Kids in college who attend school more than 100 miles from home and do not have a car can be insured at a reduced rate.
• Save with a New Car – Insuring a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
• Low Mileage Discounts – Fewer annual miles on your Lexus could qualify for a substantially lower rate.

It’s important to understand that most credits do not apply to the overall cost of the policy. A few only apply to specific coverage prices like physical damage coverage or medical payments. So even though it sounds like adding up those discounts means a free policy, it just doesn’t work that way. Any qualifying discounts will cut your overall premium however.

To choose insurance companies with discount car insurance rates, click here to view.

Coverage specifics

Understanding the coverages of a car insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Lexus ES 350.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, vandalism, fire damage, damage from getting keyed and a broken windshield. The maximum payout your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto collision coverage

Collision insurance pays for damage to your ES 350 from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like rolling your car, hitting a parking meter and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Liability coverages

This can cover damage that occurs to people or other property. This insurance protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things like pain and suffering, structural damage and repair costs for stationary objects. How much coverage you buy is up to you, but buy as much as you can afford.

Insurance for medical payments

Med pay and PIP coverage pay for immediate expenses for pain medications, dental work and nursing services. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Shop smart and save

Throughout this article, we presented quite a bit of information on how to save on Lexus ES 350 insurance. The key concept to understand is the more rate comparisons you have, the better chance you’ll have of finding lower rates. Consumers may even find the best price on car insurance is with a small mutual company.

Affordable Lexus ES 350 insurance can be sourced both online as well as from independent agents, and you should be comparing both to get a complete price analysis. Some insurance companies don’t offer the ability to get a quote online and these smaller companies work with independent agents.

When shopping online for car insurance, don’t be tempted to sacrifice coverage to reduce premiums. There are a lot of situations where an insured dropped full coverage only to discover later that their decision to reduce coverage ended up costing them more. The proper strategy is to buy the best coverage you can find at an affordable rate.