Save on 2014 Lexus RX 450h Insurance Rates

Want lower auto insurance rates for your Lexus RX 450h? Overwhelmed by the wide range of auto insurance company choices? You’re not the only one! Drivers have so many companies to choose from that it can turn into a ton of work to compare prices.

If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using these techniques. Locating affordable coverage is not that difficult. But car owners must know the methods companies use to sell online and use this information to your advantage.

Pieces of the Lexus RX 450h insurance rate puzzle

Consumers need to have an understanding of the factors that go into determining the rates you pay for car insurance. Having a good understanding of what controls the rates you pay enables informed choices that could result in much lower annual insurance costs.

  • Pleasure use or commuting – The more miles you rack up on your Lexus every year the more you will pay for car insurance. The majority of insurers rate vehicles based on their usage. Autos not used for work or commuting can get a lower rate than those used for commuting. Improper usage on your RX 450h may be costing you. Ask your agent if your car insurance policy is showing how each vehicle is driven, because it can save money.
  • Marriage brings a discount – Being married can actually save you money on car insurance. Marriage translates into being more mature and responsible and it’s statistically proven that being married results in fewer claims.
  • Increase deductibles and save – Your deductibles represent how much money you are willing to pay out-of-pocket before a claim is paid by your company. Physical damage coverage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims are colliding with a building, damage from fire, and rolling your vehicle. The more money you have to pay, the less your company will charge you for insurance on RX 450h coverage.
  • You might want pay the small claims yourself – If you file claims often, you can pretty much guarantee higher rates. Companies award better rates to policyholders who are claim-free. Insurance coverage is meant to be used in the event of the large, substantial claims.
  • Men fork out a little more – Statistics show that men are more aggressive behind the wheel. However, this does not mean men are WORSE drivers than women. They both cause accidents at about the same rate, but the men have costlier accidents. Men also statistically get cited for more serious violations like reckless driving and DUI. Young males are most likely to cause an accident and therefore have the most expensive car insurance rates.
  • Do you have a high stress job? – Occupations like lawyers, social workers and financial analysts have higher average rates due to job stress and long work hours. Conversely, professions such as scientists, engineers and the unemployed get better rates on RX 450h coverage.

The quickest way to compare car insurance rates is to know all the major auto insurance companies have advanced systems to give free rates quotes. The only thing you need to do is provide a small amount of information like any included safety features, if you’re married, your general credit rating, and driver details. Your insurance information is submitted instantly to multiple different insurance companies and you receive quotes almost instantly.

To compare rates now, click here and complete the form.

Lower rates by qualifying for discounts

Car insurance is not cheap, but discounts can save money and there are some available that many people don’t even know exist. Some trigger automatically when you complete an application, but a few need to be asked for prior to getting the savings.

  • Seat Belts Save more than Lives – Drivers who require all occupants to use their safety belts could cut 10% or more off the personal injury premium cost.
  • Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. The discount lasts up to age 25.
  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can receive discounts up to 30%.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control can avoid accidents and therefore earn up to a 10% discount.
  • Life Insurance – Companies who offer life insurance give lower rates if you buy a life insurance policy as well.
  • Early Signing – A few companies offer discounts for switching to them before your current policy expires. This can save 10% or more.
  • Lower Rates for Military – Having a deployed family member could mean lower rates.
  • Paperless Signup – A few companies will discount your bill up to fifty bucks for buying your policy on their website.
  • Homeowners Pay Less – Simply owning a home may earn you a small savings because owning a home demonstrates responsibility.

As a disclaimer on discounts, most credits do not apply to the entire cost. Most only apply to individual premiums such as comp or med pay. Even though it may seem like you would end up receiving a 100% discount, auto insurance companies aren’t that generous. But all discounts will bring down your premiums.

Insurance companies who might offer these discounts include:

It’s a good idea to ask each company which discounts they offer. Some discounts might not be offered in your state.

Car insurance is unique, just like you

When it comes to buying the best car insurance coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different.

Here are some questions about coverages that can aid in determining whether or not you would benefit from an agent’s advice.

  • If my pet gets injured in an accident are they covered?
  • How do I file an SR-22 for a DUI in my state?
  • Can I rate high risk drivers on liability-only vehicles?
  • Can I afford low physical damage deductibles?
  • What is the ISO rating for a 2014 Lexus RX 450h?
  • Should I carry comprehensive and collision coverage?
  • Where can I get insurance after a DUI in my state?
  • Are rental cars covered under my policy?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form.

Auto insurance coverage specifics

Learning about specific coverages of auto insurance can be of help when determining which coverages you need for your vehicles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Lexus RX 450h.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time these coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as rehabilitation expenses, EMT expenses and prosthetic devices. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. It covers you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Auto liability insurance

Liability coverage protects you from injuries or damage you cause to other people or property that is your fault. 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, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as bail bonds, medical expenses, legal defense fees and emergency aid. How much coverage you buy is up to you, but buy higher limits if possible.

Auto collision coverage

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like rolling your car, damaging your car on a curb and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive coverage

Comprehensive insurance covers 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 such as hail damage, theft, damage from a tornado or hurricane, a broken windshield and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Don’t be a big spender

The cheapest 2014 Lexus RX 450h insurance is available online in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

While you’re price shopping online, don’t be tempted to buy less coverage just to save a little money. In too many instances, consumers will sacrifice physical damage coverage only to regret that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

Throughout this article, we presented some good ideas how you can compare insurance prices online. The most important thing to understand is the more companies you get rates for, the better your comparison will be. You may even discover the lowest rates come from a company that doesn’t do a lot of advertising.

More information is available at these links: