Save on 2010 Lexus RX 350 Insurance Quotes

Looking for the cheapest auto insurance rates for your Lexus RX 350? Finding the cheapest insurance for your Lexus RX 350 can turn out to be a painful process, but you can learn a few tricks and make it easy. There are both good and bad ways to buy auto insurance and we’ll show you the proper way to price shop coverage for a new or used Lexus and find the lowest price either online or from local insurance agents.

It is always a good idea to compare prices periodically because rates are variable and change quite frequently. Just because you had the best price for RX 350 insurance on your last policy you will most likely find a better rate today. So ignore everything you know about auto insurance because you’re going to get a crash course in the fastest way to save money, get proper coverage and the best rates.

Choosing the best insurance company for you is quite easy. If you have a policy now or are shopping for new coverage, you will benefit by learning to get lower rates while maintaining coverages. Drivers just need to know the tricks to shop their coverage around over the internet.

Compare Quotes for Insurance

Finding a lower price on 2010 Lexus RX 350 insurance is not rocket science. The only requirement is to spend a little time to get quotes online with multiple companies. This can be accomplished in several different ways.

  1. The fastest way to get quotes would be an industry-wide quote request form (click to open form in new window). This type of form prevents you from having to do separate quotation requests for each company. Completing one form will return quotes direct from many companies. It’s definitely the quickest method.
  2. A harder way to find lower rates requires a trip to the website for each individual company and request a quote. For example, let’s assume you want rates from Geico, Safeco and Liberty Mutual. To get rate quotes you would need to visit each site to input your insurance information, which is why the first method is quicker.

    For a list of links to insurance companies in your area, click here.

Whichever way you use, make sure you use identical coverages and limits for every company. If each company quotes mixed coverages it’s not possible to decipher which rate is best.

Take advantage of discounts

Companies offering auto insurance don’t always list all their discounts in a way that’s easy to find, so we break down both well-publicized and also the lesser-known car insurance savings. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.

  • Life Insurance – Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
  • E-sign – Some insurance companies will give a small break simply for signing digitally online.
  • Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% for RX 350 insurance depending on your company.
  • Good Student – This discount can save 20 to 25%. This discount can apply until age 25.
  • Save with a New Car – Adding a new car to your policy is cheaper due to better safety requirements for new cars.
  • Early Switch Discount – Some companies give discounts for signing up before your current policy expires. It’s a savings of about 10%.
  • Use Seat Belts – Drivers who require all occupants to wear their seat belts can save up to 15% off your medical payments premium.
  • Military Discounts – Being deployed with a military unit could be rewarded with lower premiums.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
  • Memberships – Being a member of a professional or civic organization could qualify you for a break on your policy for RX 350 insurance.

A little note about advertised discounts, most discounts do not apply to the entire cost. Most only apply to individual premiums such as liability and collision coverage. Just because it seems like you could get a free car insurance policy, car insurance companies aren’t that generous.

A partial list of companies that may have these benefits may include but are not limited to:

Check with each company how you can save money. All car insurance discounts might not apply everywhere.

How to know if you need help

When choosing the right insurance coverage, there really is not a single plan that fits everyone. Every insured’s situation is different.

Here are some questions about coverages that may help highlight if you would benefit from professional advice.

  • Do I need special endorsements for business use of my vehicle?
  • Should I buy full coverage?
  • What exactly is covered by my policy?
  • How much liability coverage do I need in my state?
  • Is my custom paint covered by insurance?
  • Do I need PIP coverage since I have good health insurance?
  • If my 2010 Lexus RX 350 is totaled, can I afford another vehicle?
  • Do I have coverage when making deliveries for my home business?
  • I have health insurance so do I need medical payments coverage?

If you can’t answer these questions, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and you can get the answers you need.

Why you might be paying too much to insure your Lexus RX 350

An important part of buying insurance is that you know the different types of things that go into determining the rates you pay for car insurance. Having a good understanding of what controls the rates you pay helps enable you to make changes that could result in big savings.

  • Marriage brings a discount – Having a spouse actually saves money on car insurance. It usually means you are more mature and it’s statistically proven that being married results in fewer claims.
  • Extra add-on coverages are wasting money – There are quite a few add-on coverages you can purchase on your car insurance policy. Coverages like personal injury protection, better glass coverage and term life insurance are examples of these. These may sound like a good investment when you first buy your policy, but if they’re wasting money get rid of them and save.
  • Your occupation can affect rates – Jobs such as doctors, executives and accountants tend to pay higher rates than average attributed to high stress levels and lots of time spent at work. On the flip side, jobs such as pilots, athletes and the unemployed have the lowest average rates for RX 350 insurance.
  • Where you live – Living in a rural area can save you money when buying car insurance. Fewer people means reduced accidents and also fewer theft and vandalism claims. Urban drivers tend to have traffic congestion and longer commute times. Longer commute distances means more change of being in an accident.
  • Traffic violations increase rates – A bad driving record impacts your car insurance rates tremendously. Good drivers get better rates than people who have multiple driving citations. Even one speeding ticket can increase rates forty percent or more. If you have severe violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
  • An active claims history can cost you – If you frequently file small claims, you can look forward to either policy cancellation or increased premiums. Companies generally give better rates to policyholders who do not file claims often. Your insurance policy is meant to be used in the event of larger claims.
  • Your credit rating is important – Credit score is a big factor in determining what you pay for car insurance. If your credit rating is lower than you’d like, you could save money insuring your 2010 Lexus RX 350 by spending a little time repairing your credit. Drivers with good credit tend to file fewer claims and have better driving records than drivers who have poor credit.
  • High deductibles save money – Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your Lexus. Examples of covered claims are collision with another vehicle, damage caused by hail, and rolling your vehicle. Deductibles for physical damage are how much you are willing to pay if you file a covered claim. The higher the amount you’re willing to pay, the lower your rates will be for RX 350 insurance.

Buyer beware of auto insurance advertising tricks

Consumers get pounded daily by advertisements for car insurance savings by companies like Allstate, Geico and Progressive. All the ads make the same claim that you can save if you move to them.

How do they all claim to save you money?

Insurance companies are able to cherry pick for the driver that earns them a profit. An example of a profitable customer might be profiled as over the age of 40, has no prior claims, and has excellent credit. A customer getting a price quote who meets those qualifications will qualify for the lowest rates and therefore will cut their rates substantially.

Drivers who don’t measure up to the requirements must pay more money and ends up with the customer not buying. The ads say “people who switch” not “everyone that quotes” save that kind of money. That’s the way companies can claim big savings. This illustrates why you need to compare as many rates as you can. It’s not possible to predict the company that will fit your personal profile best.

Car insurance coverages for a 2010 Lexus RX 350

Understanding the coverages of a insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 2010 Lexus RX 350.

Since many drivers 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 very important.

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as rock chips in glass, a tree branch falling on your vehicle and hail damage. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability auto insurance

Liability insurance provides protection from damage that occurs to a person or their property. This coverage protects you against claims from other people, and does not provide coverage for 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 commonly see limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability can pay for things like structural damage, legal defense fees and pain and suffering. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.

Coverage for collisions

Collision insurance will pay to fix damage to your RX 350 resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like scraping a guard rail, hitting a parking meter, colliding with another moving vehicle, damaging your car on a curb and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for bills like nursing services, hospital visits and EMT expenses. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Summing up your auto insurance search

As you prepare to switch companies, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many situations where an accident victim reduced comprehensive coverage or liability limits only to regret that it was a big error on their part. Your focus should be to buy the best coverage you can find at an affordable rate.

Consumers change insurance companies for many reasons like being labeled a high risk driver, unfair underwriting practices, questionable increases in premium and delays in responding to claim requests. Whatever your reason, finding a new company is less work than it seems.

Throughout this article, we presented a lot of ways to get a better price on 2010 Lexus RX 350 insurance. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest premiums are with the least-expected company.

Additional auto insurance information can be found on the following sites: