2018 Lexus ES 350 Insurance Rates – 9 Tips to Save

Trying to find the cheapest insurance for your Lexus ES 350 can normally be a painful process, but you can use a few tricks to save time. There is a better way to shop for auto insurance and you need to know the absolute fastest way to price shop coverage for a new or used Lexus and find the cheapest rates from local insurance agents and online providers.

Smart consumers take time to get comparison quotes at least once a year because auto insurance prices change regularly. Just because you had the best rates for ES 350 insurance on your last policy the chances are good that you can find a lower premium rate today. Forget all the misinformation about auto insurance because you’re going to learn how to use the internet to remove unneeded coverages and save money.

Choosing the best insurance company for you is quite easy. If you are insured now or are shopping for new coverage, you will benefit by learning to shop for the lowest rates and possibly find even better coverage. Consumers only need to know the proper way to compare rates on the web.

Where can I get affordable insurance?

Performing a rate comparison can be a lot of work if you don’t know the most efficient way to do it. You can waste hours driving to insurance companies in your area, or you could use online quoting to get prices fast.

Most of the best insurance companies are enrolled in a marketplace that enables customers to complete one form, and each company then returns a price quote. This eliminates the need for quote forms for each company you want a rate for. To find out what other companies charge click here to open in new window.

The single downside to doing it this way is that you can’t choose the insurers you will receive quotes from. So if you prefer to pick from a list of companies to compare prices, 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 make darn sure you compare the same quote information for each comparison quote. If you are comparing higher or lower deductibles it’s impossible to get a fair rate comparison.

Insurance ads bend the truth

Consumers can’t get away from all the ads that claim the cheapest prices by companies like State Farm, Allstate and Geico. All the companies make an identical promise that drivers will save a bundle just by moving your insurance coverage to their company.

Is it even possible that every company can claim to save you money? Just pay attention to how they say it.

Many companies have specific guidelines for the type of insured that earns them the most money. A good example of this type of risk profile may need to be a mature driver, has never had a claim, and drives a car with an anti-theft system. A propective insured that fits those parameters will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Consumers who don’t measure up to these stringent criteria will be quoted a higher rate which results in the driver buying from a lower-cost company. If you pay close attention to the ads, they say “people who switch” not “everyone that quotes” save that much when switching. That’s why companies can make those statements. That is why you really need to compare as many free insurance quotes as you can. Because you cannot predict the company that will have the lowest premium rates for your situation.

Slash your insurance coverage rates with these nine discounts

Insurance coverage is expensive, but there could be significant discounts that many consumers don’t even know exist. Larger premium reductions will be automatically applied at the time of purchase, but once in a while a discount must be inquired about prior to getting the savings.

• Senior Citizen Rates – Drivers over the age of 55 could receive reduced rates for ES 350 insurance.
• Data Collection Discounts – Policyholders that allow driving data collection to scrutinize driving manner through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if their driving habits are good.
• Discounts for Government Workers – Simply working for the federal government may reduce rates when you quote insurance for ES 350 insurance with some insurance coverage companies.
• ABS Brakes – Vehicles that have steering control and anti-lock brakes are much safer to drive so companies give up to a 10% discount.
• Accident Waiver – This one isn’t a discount, but a few companies such as Liberty Mutual and Geico may permit one accident before raising your premiums so long as you haven’t had any claims prior to the accident.
• Sign Online – Some of the larger companies give back up to $50 for buying a policy and signing up on the internet.
• Own a Home – Just being a homeowner can save you money since home ownership demonstrates responsibility.
• Good Student – Maintaining excellent grades may save as much as 25% on a insurance quote. You can use this discount normally up until you turn 25.
• Sign Early and Save – Select larger companies give a discount for switching to them prior to your current policy expiration. You can save around 10% with this discount.

Consumers should know that most of the big mark downs will not be given to all coverage premiums. Most only reduce specific coverage prices like collision or personal injury protection. Just because you may think all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

Companies and a partial list of their discounts are shown below.

• The Hartford policyholders can earn discounts including driver training, air bag, anti-theft, vehicle fuel type, and good student.
• American Family offers premium reductions for good driver, early bird, accident-free, defensive driver, and TimeAway discount.
• Progressive offers discounts for good student, online quote discount, multi-policy, continuous coverage, multi-vehicle, homeowner, and online signing.
• Travelers has savings for new car, continuous insurance, payment discounts, early quote, good student, IntelliDrive, and driver training.
• Farmers Insurance offers discounts including switch companies, business and professional, bundle discounts, teen driver, and mature driver.
• USAA has discounts for loyalty savings, vehicle storage, military installation, good student, and multi-policy.
• Liberty Mutual may offer discounts for multi-policy, new graduate, safety features, new vehicle discount, new move discount, newly married, and good student.

Before buying, ask every company to give you their best rates. Depending on the company, some discounts may not apply in your area. To locate insurance coverage companies that offer the discounts shown above, follow this link.

You are unique and your car insurance should be too

When it comes to choosing coverage for your personal vehicles, there is no single plan that fits everyone. Everyone’s needs are different.

For example, these questions might point out if your insurance needs could use an agent’s help.

• Is my vehicle covered by my employer’s policy when using it for work?
• I don’t drive much so do I pay less?
• Do I need special endorsements for business use of my vehicle?
• Why do I only qualify for high-risk insurance?
• Can my teen drive my company car?
• What exactly is covered by my policy?
• How do I file an SR-22 for a DUI in my state?
• Do I need replacement cost coverage on my 2018 Lexus ES 350?
• Do I have coverage when making deliveries for my home business?
• Is a new car covered when I drive it off the dealer lot?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and you can get the answers you need.

Car insurance policy specifics

Knowing the specifics of a car insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Lexus ES 350.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Coverage for collisions

Collision coverage covers damage to your ES 350 caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like driving through your garage door, rolling your car and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to save money on collision insurance.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as pain medications, ambulance fees, prosthetic devices and dental work. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive coverages

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like rock chips in glass, a broken windshield, damage from a tornado or hurricane, falling objects and hitting a bird. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability car insurance

Liability coverage provides protection from damage or injury you incur to other people or property. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers claims like pain and suffering, repair costs for stationary objects and funeral expenses. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

Affordable insurance is out there

Low-cost 2018 Lexus ES 350 insurance is definitely available on the web and from local insurance agents, and you should compare price quotes from both to get a complete price analysis. Some companies do not provide price quotes online and most of the time these smaller companies sell through local independent agents.

We just showed you a lot of ways to get a better price on 2018 Lexus ES 350 insurance. It’s most important to understand that the more times you quote, the better your comparison will be. You may be surprised to find that the best price on insurance is with a small mutual company.

Insureds leave their current company for a variety of reasons including lack of trust in their agent, high prices, policy non-renewal and policy cancellation. Whatever your reason, switching insurance companies is not as hard as you think.

For more information, feel free to browse these articles:

• Alcohol Impaired Driving FAQ (iihs.org)
• State Laws for Cellphones and Texting (iihs.org)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Vehicle Safety Ratings (iihs.org)
• Property Damage Coverage (Liberty Mutual)