Compare 2017 Lexus IS 350 Car Insurance Quotes

Finding the cheapest insurance for your Lexus IS 350 can turn out to be a lot of work, but you can use these tips to make it easier.

There is a better way to compare insurance coverage rates and we’ll show you the absolute fastest way to price shop coverage for a Lexus and find the lowest possible price from local insurance agents and online providers.

What affects Lexus IS 350 insurance prices?

The best way to find cheaper insurance is to take a look at some of the elements that go into determining the price you pay for insurance. If you know what determines base rates, this allows you to make educated decisions that could result in lower rates.

  • Vehicle features impact rates – Buying a car with a theft deterrent system can help lower your rates. Theft deterrent systems such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.
  • Gender matters – Over the last 30 years, statistics show that females take fewer risks when driving. That doesn’t necessarily mean that women are BETTER drivers than men. Males and females are responsible for auto accidents at a similar rate, but guys cause more damage and cost insurance companies more money. They also get ticketed for serious violations like DUI and reckless driving. Males from age 16 to 21 have the highest risk to insure and therefore are the most expensive to insure.
  • Vehicles with better crash test results save money – Safe vehicles get lower rates. Vehicles engineered for safety help reduce the chance of injuries in an accident and better occupant protection means less money paid by your insurance company and lower rates for you. If your Lexus IS 350 has ratings of a minimum four stars on it may be receiving lower rates.
  • Avoid coverage lapses – Not maintaining insurance is a misdemeanor and you may have a hard time finding new coverage because you let your insurance lapse. In addition to paying higher rates, being ticketed for driving with no insurance might get you a steep fine or even jail time. You may need to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Additional coverages that may be costing you – There are a ton of extra bells and whistles that you can get tricked into buying but may not be useful. Insurance for coverage for rental cars, towing coverage, and motor club memberships are probably not needed. They may sound like good ideas when buying your policy, but if they’re wasting money remove them and pocket the money.

How to get insurance price quotes

Comparing insurance rates can be exhausting if you aren’t aware of the easiest way. You could waste time discussing policy coverages with local insurance agents in your area, or you could use the internet for quick rates.

Many of the larger companies participate in an industry program that allows shoppers to complete one form, and every company then gives them pricing based on the submitted data. This system prevents you from having to do quote requests to each individual insurance company.

To fill out one form to compare multiple rates now click to open in new window.

The only drawback to using this type of system is that consumers can’t choose which companies you want pricing from. So if you prefer to pick specific insurance companies to request quotes from, we have assembled a list of the cheapest insurance companies in your area. View list of insurance companies.

It’s your choice how you get your quotes, but double check that you are using nearly identical coverage limits with every price quote. If you compare differing limits it will be impossible to find the best deal for your Lexus IS 350.

Does insurance coverage advertising bend the truth?

Consumers can’t get away from all the ads that claim the cheapest car insurance rates from the likes of GEICO, State Farm and Progressive. They all seem to make the same claim that you’ll save big if you switch to them.

Is it even possible that every company can give you a better price? It’s all in the wording.

All the different companies have a certain “appetite” for the type of driver that is profitable for them. A good example of a desirable risk could be between the ages of 30 and 45, owns their home, and drives a vehicle with a low ISO rating. A propective insured that hits that “sweet spot” will qualify for the lowest prices and is almost guaranteed to pay quite a bit less when switching companies.

Potential customers who may not quite match these standards must pay a higher premium and this results in the customer not buying. The ad wording is “people who switch” not “all people who quote” can save as much as they claim. That’s why companies can state the savings.

This really emphasizes why you need to compare many company’s car insurance rates. Because you cannot predict which insurance coverage company will fit you best based on your risk profile.

Discounts for cheap car insurance rates

Car insurance is expensive, but there are discounts available that may help make it more affordable. Some of these disounts will be visible at the time you complete a quote, but a few need to be specially asked for before they will apply. If you check and find you aren’t receiving every discount possible, you are not getting the best rate possible.

  • Auto/Home Discount – If you can combine your home and auto policy and insure them both with the same insurance company you could earn a discount of at least 10% off all policies.
  • Anti-theft System – Cars with anti-theft systems prevent vehicle theft and earn discounts up to 10% off your auto insurance quote.
  • Discount for Home Ownership – Owning a house can save you money because it shows financial diligence.
  • Air Bag Discount – Vehicles with factory air bags can receive discounts as much as 30%.
  • Professional Memberships – Being a member of specific professional or occupational memberships or organizations could trigger savings on your policy.
  • Good Student Discount – This discount could provide a savings of up to 20% or more. This discount can apply well after school through age 25.

Don’t be surprised that most discount credits are not given to the entire policy premium. Some only apply to the cost of specific coverages such as comprehensive or collision. Despite the appearance that adding up those discounts means a free policy, you aren’t that lucky.

The best car insurance companies and a summarized list of policyholder discounts are included below.

  • Farmers Insurance has savings for distant student, switch companies, early shopping, homeowner, youthful driver, and teen driver.
  • State Farm has discounts for good student, Steer Clear safe driver discount, Drive Safe & Save, defensive driving training, passive restraint, and anti-theft.
  • Liberty Mutual includes discounts for multi-car, safety features, preferred payment discount, exclusive group savings, good student, new vehicle discount, and new graduate.
  • MetLife discounts include accident-free, good student, claim-free, good driver, and multi-policy.
  • Progressive may include discounts for multi-policy, online signing, homeowner, online quote discount, multi-vehicle, and continuous coverage.

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

Tailor your insurance coverage coverage to you

When choosing adequate coverage for your vehicles, there isn’t really a “perfect” insurance plan. Each situation is unique.

These are some specific questions can aid in determining whether you might need an agent’s assistance.

  • Is my Lexus IS 350 covered if I use it for business?
  • Can my babysitter drive my car?
  • If I drive on a suspended license am I covered?
  • Do I need motorclub coverage?
  • What if I don’t agree with a claim settlement offer?
  • When do I need to add a new car to my policy?
  • Am I covered when driving in Canada or Mexico?
  • Where can I find DUI or SR-22 insurance?
  • What if I total my 2017 Lexus IS 350 and owe more than it’s worth?
  • What exactly is covered by my policy?

If you don’t know the answers to these questions then you might want to talk to an agent. To find an agent in your area, simply complete this short form. It’s fast, free and can provide invaluable advice.

What insurance coverages do you need?

Having a good grasp of insurance aids in choosing the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Lexus IS 350.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for bills such as nursing services, prosthetic devices, rehabilitation expenses and hospital visits. They are used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Auto collision coverage

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as driving through your garage door, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as falling objects, hail damage, a tree branch falling on your vehicle and vandalism. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability coverages

This can cover damages or injuries you inflict on other people or property that is your fault. This insurance protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability coverage protects against things such as emergency aid, medical expenses and bail bonds. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Knowledge is power

When buying insurance coverage, never reduce needed coverages to save money. There are a lot of situations where an accident victim reduced uninsured motorist or liability limits only to regret at claim time that it was a big error on their part. The proper strategy is to purchase plenty of coverage at the best possible price while not skimping on critical coverages.

In this article, we covered a lot of ways to save on 2017 Lexus IS 350 insurance. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your prices. Drivers may discover the most savings is with some of the lesser-known companies.

People switch companies for any number of reasons including delays in responding to claim requests, denial of a claim, not issuing a premium refund and even lack of trust in their agent. No matter why you want to switch, choosing a new insurance company can be easier than you think.

Additional insurance coverage information is available at the links below