2014 Lexus IS F Insurance Rates – 6 Tricks for Cheaper Quotes

Want better auto insurance rates? Drivers have a choice when trying to find affordable Lexus IS F insurance. You can either waste hours struggling with agents trying to get quotes or use the internet to get rate quotes.

There is a right way and a wrong way to shop for auto insurance and you need to know the best way to get price quotes for a Lexus and find the cheapest rates.

The purpose of this article is to help you learn how to effectively get price quotes. If you currently have car insurance, you will be able to cut costs considerably using these techniques. Drivers just need to understand the most efficient way to shop online.

Verify you’re earning every discount

Companies don’t always list their entire list of discounts very well, so here is a list a few of the more well known and the harder-to-find credits that you can use to lower your rates.

• Student Discount for Driver Training – It’s a good idea to have your young drivers complete a driver education course if it’s offered in school.
• Safety Restraint Discount – Drivers who require all vehicle occupants to buckle up could save 15% off the personal injury premium cost.
• Anti-lock Brake Discount – Cars, trucks, and SUVs with anti-lock braking systems are safer to drive and therefore earn up to a 10% discount.
• Bundle and Save – If you have multiple policies and insure them with the same company you could earn a discount of at least 10 to 15 percent or more.
• Accident Waiver – but companies like Geico, Allstate and Liberty Mutual will turn a blind eye to one accident before your rates go up if your claims history is clear before the accident.
• Discount for Swiching Early – A few insurance companies give discounts for switching policies before your current expiration date. You can save around 10% with this discount.

Discounts lower rates, but many deductions do not apply the the whole policy. Most only cut the price of certain insurance coverages like comp or med pay. Just because you may think having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

If you would like to view companies with discount insurance rates, follow this link.

When should I discuss my situation with an agent?

When it comes to choosing proper insurance coverage, there really is not a cookie cutter policy. Everyone’s situation is a little different.

Here are some questions about coverages that may help you determine if you might need an agent’s assistance.

• How can I force my company to pay a claim?
• Does coverage extend to my business vehicle?
• Should I carry comprehensive and collision coverage?
• Should I buy full coverage?
• Does my policy pay for OEM or aftermarket parts?
• Are all vehicle passengers covered by medical payments coverage?
• Is my teen driver covered when they drive my company car?
• Is my 2014 Lexus IS F covered for smoke damage?
• Does my liability insurance cover pulling a trailer or camper?
• What discounts do I qualify for?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and can help protect your family.

Insurance coverage breakdown

Understanding the coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be confusing and even agents have difficulty translating policy wording.

Coverage for medical payments

Med pay and PIP coverage provide coverage for expenses like pain medications, X-ray expenses, surgery and dental work. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers 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

Liability car insurance

Liability insurance protects you from injuries or damage you cause to a person or their property. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as medical services, loss of income, pain and suffering and medical expenses. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverages

This pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a bird, damage from getting keyed and a tree branch falling on your vehicle. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured and underinsured coverage

This provides protection when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as damage to your 2014 Lexus IS F.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Auto collision coverage

Collision coverage will pay to fix damage to your IS F from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like hitting a parking meter, hitting a mailbox and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Buy online or local, you save

Consumers who switch companies do it for a number of reasons such as lack of trust in their agent, an unsatisfactory settlement offer, high rates after DUI convictions and questionable increases in premium. It doesn’t matter why you want to switch finding a great new company can be less work than you think.

Discount 2014 Lexus IS F insurance is definitely available on the web as well as from insurance agents, so you need to quote insurance with both so you have a total pricing picture. Some companies don’t offer the ability to get quotes online and most of the time these small, regional companies provide coverage only through independent agents.

You just learned quite a bit of information on how to lower your 2014 Lexus IS F insurance prices. The key concept to understand is the more providers you compare, the higher the chance of saving money. Consumers may even find the lowest prices come from the least-expected company.

More detailed insurance information can be read in the articles below:

• What is a Telematics Device? (Allstate)
• Child Safety FAQ (iihs.org)
• Medical Payments Coverage (Liberty Mutual)
• How Much Auto Coverage do I Need? (Insurance Information Insitute)
• Auto Crash Statistics (Insurance Information Insitute)