2017 Lexus IS 350 Insurance Quotes

Shoppers have a choice when shopping for affordable Lexus IS 350 insurance. You can either spend your time contacting 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 car insurance and we’ll show you the quickest way to get price quotes for a Lexus and find the lowest possible price.

Get lower rates by taking advantage of discounts

Car insurance is not cheap, but you may qualify for discounts that can drop the cost substantially. Certain discounts will be applied when you get a quote, but some may not be applied and must be specially asked for before being credited.

• New Vehicle Savings – Adding a new car to your policy can save you some money since new model year vehicles have better safety ratings.
• Theft Deterent Discount – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and that can save you a little bit as well.
• Federal Government Employee – Having worked for a branch of the government could provide a small rate reduction for IS 350 insurance with a few insurance coverage companies.
• Student Driver Training – Teen drivers should complete a driver education course in school.
• Homeowners Pay Less – Being a homeowner can help you save on insurance coverage because of the fact that having a home requires personal responsibility.
• ABS Braking Discount – Cars, trucks, and SUVs with ABS and/or traction control are much safer to drive so you can save 10 percent or more.
• Air Bags and Passive Restraints – Factory options such as air bags and/or automatic seat belt systems can receive discounts up to 30%.
• Good Grades Discount – Maintaining excellent grades could provide a savings of up to 20% or more. Many companies even apply the discount to college students up to age 25.

While discounts sound great, it’s important to understand that many deductions do not apply the the whole policy. Most only apply to the price of certain insurance coverages like comprehensive or collision. Even though the math looks like you can get free auto insurance, you aren’t that lucky.

To see insurance coverage companies that offer many of these discounts, follow this link.

How much insurance coverage do I need?

When it comes to buying proper insurance 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 if your situation might need an agent’s assistance.

• What are the best liability limits?
• Does my liability insurance cover pulling a trailer or camper?
• Is business equipment covered while in my vehicle?
• What is the ISO rating for a 2017 Lexus IS 350?
• Should I get collision insurance on every vehicle?
• Do I pay less for low miles?

If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, complete this form. It only takes a few minutes and may give you better protection.

Insurance coverages explained

Learning about specific coverages of insurance can help you determine which coverages you need for your vehicles. Insurance terms can be impossible to understand and reading a policy is terribly boring.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Auto collision coverage

This covers damage to your IS 350 resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like scraping a guard rail, crashing into a ditch, hitting a mailbox, backing into a parked car and colliding with a tree. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like funeral costs, rehabilitation expenses, surgery, EMT expenses and hospital visits. They can be used to fill the gap from your health insurance program or if you do not have health coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Liability auto insurance

This provides protection from damage that occurs to people or other property. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things such as repair costs for stationary objects, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Comprehensive coverage (or Other than Collision)

This covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like damage from flooding, vandalism, a broken windshield and damage from getting keyed. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Buy Smart and Save

Cheaper car insurance can be purchased online and also from your neighborhood agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not offer the ability to get a quote online and these smaller companies work with independent agents.

Insureds leave their current company for any number of reasons including extreme rates for teen drivers, denial of a claim, high rates after DUI convictions and even not issuing a premium refund. It doesn’t matter what your reason, finding a great new company is less work than it seems.

You just learned a lot of tips how to compare 2017 Lexus IS 350 insurance premium rates online. It’s most important to understand that the more times you quote, the better chance you’ll have of finding low cost auto insurance. You may be surprised to find that the lowest premium rates come from a small mutual company.

To learn more, feel free to browse these articles:

• Tools for Teen Driving Safety (State Farm)
• Safety Features for Your New Car (State Farm)
• Rollover Crash FAQ (iihs.org)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• Learn About Car Insurance (Geico)