Lower Your 2009 Lexus ES 350 Car Insurance Quotes

Cutting costs on insurance coverage can seem to be nearly impossible for consumers not familiar with buying insurance online. Consumers have so many options that it can easily become more work than you anticipated to compare prices.

These discounts can lower your rates

Car insurance can cost a lot, but there could be available discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you complete an application, but less common discounts must be specially asked for before you will receive the discount.

  • Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% for ES 350 insurance with select insurance companies.
  • 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for better car insurance rates for ES 350 insurance.
  • Early Signing – Select companies give a discount for switching policies prior to your current policy expiration. This can save 10% or more.
  • Memberships – Belonging to a qualifying organization is a good way to get lower rates when shopping for car insurance for ES 350 insurance.
  • Distant Student – Any of your kids who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Multiple Policy Discount – When you combine your home and auto insurance with one company you could get a discount of 10% to 20% off each policy.
  • Driver’s Ed – Have your child complete a driver education course if offered at their school.
  • Air Bag Discount – Vehicles with factory air bags or automatic seat belts can receive discounts of more than 20%.
  • Multiple Vehicles – Insuring multiple vehicles on one policy can get a discount on all vehicles.
  • Safe Driver Discount – Safe drivers may receive a discount up to 45% less for ES 350 insurance than drivers with accident claims.

A little note about advertised discounts, most discount credits are not given the the whole policy. The majority will only reduce individual premiums such as collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, you’re out of luck. Any amount of discount will reduce the amount you have to pay.

For a list of companies with discount car insurance rates, click here to view.

Your Lexus ES 350 insurance rate is a complex equation

It’s important that you understand the different types of things that help determine the rates you pay for insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that may reward you with better insurance rates.

  • Optional equipment can affect rates – Owning a car with a theft deterrent system can help lower your rates. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.
  • Do you need the policy add-ons? – There are many additional coverages that you can get tricked into buying if you aren’t careful. Coverages like roadside assistance, accidental death and membership fees may be costing you every month. They may seem like a good idea when you first buy your policy, but your needs may have changed so get rid of them and save.
  • Tickets mean higher rates – A bad driving record has a big impact on rates. Drivers with clean records have lower premiums than people who have multiple driving citations. Even one citation may increase your cost by twenty percent. If you have severe violations such as hit and run, DWI or reckless driving convictions may find they need to file a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
  • Battle of the sexes – The statistics show that men are more aggressive behind the wheel. However, this does not mean women are BETTER drivers than men. Men and women have accidents at about the same rate, but the male of the species have costlier accidents. Men also tend to get cited for more serious violations such as reckless driving. Youthful male drivers are several times more likely to be in an accident and therefore are the most expensive to insure.
  • A lapse in coverage is a bad thing – Letting your insurance expire is a fast way to pay more for insurance. Not only will you pay more, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • What are your deductibles? – The deductibles define the amount you are required to spend out-of-pocket before your insurance pays a claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Examples of covered claims would be running into the backend of another car, vandalism, or theft. The more money you’re willing to pay, the less your insurance will be for ES 350 insurance.
  • Your age impacts your rates – Older drivers tend to be more responsible, file fewer claims and receive fewer citations. Teen drivers are known to get distracted easily behind the wheel and because of this, their insurance rates are much higher.

Different people need different coverages

When it comes to choosing proper insurance coverage, there really is not a best way to insure your cars. Each situation is unique.

For instance, these questions may help highlight whether you may require specific advice.

  • Can I afford low physical damage deductibles?
  • When should my teen driver be added to my policy?
  • Does my policy cover my teen driver if they drive my company car?
  • Can I drive in Mexico and have coverage?
  • What is the ISO rating for a 2009 Lexus ES 350?
  • Should I put collision coverage on all my vehicles?

If you’re not sure about those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form.

Misconceptions in auto insurance advertisements

Allstate, Geico and Progressive continually stream television and radio advertisements. All the companies say the same thing that you’ll save big after switching your coverage to them. But how can every company say the same thing?

Different companies have a certain “appetite” for the right customer that earns them a profit. For instance, a preferred risk might be profiled as between the ages of 30 and 50, insures multiple vehicles, and has great credit. A driver that hits that “sweet spot” will get the preferred rates and therefore will save quite a bit of money when switching.

Potential insureds who are not a match for this ideal profile will have to pay a more expensive rate and ends up with the customer not buying. Company advertisements say “drivers who switch” not “everybody who quotes” save money. That’s why insurance companies can make the claims of big savings.

Because of the profiling, drivers should get quotes from several different companies. It is impossible to predict which company will provide you with the cheapest Lexus ES 350 insurance rates.

Specific coverage details

Understanding the coverages of a auto insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Collision coverages – This coverage pays for damage to your ES 350 resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as colliding with a tree, hitting a mailbox and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive (Other than Collision) – This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, fire damage, falling objects, rock chips in glass and vandalism. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Liability coverage – Liability coverage can cover injuries or damage you cause to a person or their property that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

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 policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as medical expenses, pain and suffering and bail bonds. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Medical expense insurance – Med pay and PIP coverage pay for expenses such as nursing services, chiropractic care and surgery. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Final thoughts

When shopping online for insurance, do not sacrifice coverage to reduce premiums. There have been many situations where someone sacrificed comprehensive coverage or liability limits only to regret that the savings was not a smart move. Your strategy should be to get the best coverage possible at the best price while not skimping on critical coverages.

Cost effective 2009 Lexus ES 350 insurance can be sourced on the web as well as from independent agents, so compare prices from both to get a complete price analysis. Some insurance companies don’t offer you the ability to get quotes online and these regional insurance providers work with independent agents.

In this article, we covered a lot of techniques to reduce insurance prices online. The key thing to remember is the more price quotes you have, the higher the chance of saving money. Drivers may discover the biggest savings come from a small mutual company.

For more information, take a look at the resources below: