Save on 2013 Lexus IS 250 Insurance Rates

Want better auto insurance rates? Drivers have options when trying to find affordable Lexus IS 250 insurance. You can either waste hours calling around getting price quotes or leverage the internet to compare rates. There are both good and bad ways to shop for auto insurance and you need to know the proper way to get price quotes on a Lexus and get the cheapest rates either online or from local insurance agents.

How to Compare Car Insurance Quotes

There are multiple methods you can shop for 2013 Lexus IS 250 car insurance and some are less time-consuming than others. You could waste time driving to insurance companies in your area, or you could save time and use the web to maximize your effort.

Most major companies belong to an insurance system where insurance shoppers complete one form, and at least one company provides a quote determined by their information. This system prevents you from having to do quote requests to every company.

To find out how much you’re overpaying now click here to start a free quote.

The one downside to comparing rates this way is you are unable to specify which carriers to receive prices from. If you wish to select specific insurance companies for rate comparison, we have a page of the cheapest car insurance companies in your area. Click to view list.

However you get your quotes, make absolute certain that you use apples-to-apples coverages for each price quote. If you enter different deductibles you will not be able to truly determine the lowest rate.

Lexus IS 250 rates influenced by many factors

Smart consumers have a good feel for some of the elements that come into play when calculating the price you pay for insurance. When you know what positively or negatively determines base rates helps enable you to make changes that will entitle you to lower insurance prices.

The list below includes a few of the “ingredients” that factor into prices.

  • Having a spouse can save you money – Having a wife or husband can actually save you money on your policy. Having a significant other is viewed as being more mature and it’s statistically proven that being married results in fewer claims.
  • Special features that cut premiums – Choosing a vehicle with an alarm system can help bring down rates. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart your car from being stolen.
  • Pleasure use or commuting – The more you drive in a year the higher your rates will be. Almost all companies rate vehicles determined by how the vehicle is used. Cars left parked in the garage get more affordable rates compared to those used for work or business. Improper usage on your IS 250 may be wasting your money. Make sure your insurance policy is showing the correct driver usage.
  • Do men or women drive better? – Statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Both sexes are in accidents at about the same rate, but the males cause more damage. They also receive more costly citations like DUI and reckless driving. Young males are most likely to cause an accident and thus pay the highest rates.
  • Credit scores impact insurance rates – A driver’s credit score is a large factor in determining your rates. If your credit rating is lower than you’d like, you could pay less to insure your 2013 Lexus IS 250 by improving your credit score. People with excellent credit tend to be more responsible than those with poor credit.
  • Younger drivers pay higher rates – More mature drivers are more cautious drivers, statistically cause fewer accidents and tend to be better behind the wheel. Teenage drivers are known to be less responsible when driving and because of this, their insurance rates are much higher.

Save big with these discounts

Companies don’t list every available discount in a way that’s easy to find, so the following is a list of some of the best known and also the lesser-known savings tricks you should be using. If you aren’t receiving every discount available, you are throwing money away.

  • One Accident Forgiven – A handful of insurance companies permit an accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.
  • Theft Prevention Discount – Anti-theft and alarm systems help deter theft and qualify for as much as a 10% discount.
  • Clubs and Organizations – Affiliation with a professional or civic organization may earn a discount on your policy on IS 250 coverage.
  • Save with a New Car – Buying coverage on a new vehicle can be considerably cheaper compared to insuring an older model.
  • Homeowners Discount – Being a homeowner may trigger a car insurance policy discount because maintaining a house is proof that your finances are in order.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
  • Paperwork-free – Certain companies will give a small break for buying your policy digitally online.

A little note about advertised discounts, some of the credits will not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like it’s possible to get free car insurance, you’re out of luck.

To see a list of insurers who offer car insurance discounts, click here to view.

But I don’t know anything about car insurance

When buying adequate coverage for your personal vehicles, there isn’t really a perfect coverage plan. Every situation is different.

For example, these questions could help you determine if your insurance needs would benefit from an agent’s advice.

  • Is a blown tire covered by insurance?
  • How does medical payments coverage work?
  • Does having multiple vehicles earn me a discount?
  • Should I drop comprehensive coverage on older vehicles?
  • When can my company non-renew my policy?
  • Is my trailer covered?
  • I don’t drive much so do I pay less?
  • How much liability do I need to cover my assets?
  • Am I covered when delivering products for my home-based business?
  • What is medical payments coverage?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and can help protect your family.

The coverage is in the details

Having a good grasp of auto insurance can help you determine appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Comprehensive coverage

Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as falling objects, hitting a deer, vandalism and hail damage. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like dental work, prosthetic devices and EMT expenses. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Liability car insurance

Liability coverage can cover damage that occurs to people or other property that is your fault. This coverage protects you from claims by other people, 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 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.

Liability can pay for things like loss of income, legal defense fees and court costs. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.

Collision insurance

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with a tree, driving through your garage door and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

A tidy conclusion

Budget-conscious 2013 Lexus IS 250 insurance is attainable on the web and with local insurance agents, so you should compare both in order to have the best chance of saving money. Some companies do not offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.

Throughout this article, we presented a lot of ways to shop for insurance online. It’s most important to understand that the more times you quote, the better your chances of lowering your rates. You may even discover the most savings is with a company that doesn’t do a lot of advertising.

People leave their current company for any number of reasons including unfair underwriting practices, extreme rates for teen drivers, high prices or denial of a claim. No matter why you want to switch, finding a new company can be pretty painless.

More detailed insurance coverage information is located at these sites: