Save on 2011 Lexus ES 350 Insurance Rates

Trying to find lower auto insurance rates for your Lexus ES 350? Feel like you’re a prisoner to overpriced auto insurance? Trust us, there are many people just like you. Consumers have many insurance companies to insure vehicles with, and even though it’s nice to have a choice, too many choices makes it more difficult to compare company pricing.

Consumers need to price shop coverage once or twice a year because prices fluctuate regularly. If you had the lowest price on ES 350 coverage two years ago you can probably find a better price now. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to the fastest and easiest way to eliminate unnecessary coverages and save money.

Buying car insurance is quite easy. If you are paying for car insurance now, you will be able to lower your premiums substantially using this information. Drivers just need to know the most effective way to compare company rates over the internet.

Factors determining your Lexus ES 350 insurance premium

Consumers need to have an understanding of the rating factors that play a part in calculating the rates you pay for car insurance. Knowing what influences your rates helps enable you to make changes that can help you get big savings.

Shown below are a partial list of the pieces that factor into your rates.

  • Special features that cut premiums – Choosing a vehicle with a theft deterrent system can help bring down rates. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart your vehicle from being stolen.
  • An active claims history can cost you – If you tend to file frequent claims, you can expect higher rates. Insurance companies generally give discounts to policyholders who are claim-free. Insurance coverage is intended for the bigger claims that can’t be paid out-of-pocket.
  • Rural vs Urban Areas – Being located in a small town can save you money when it comes to car insurance. Fewer drivers means a lower chance of having an accident as well as less vandalism and auto theft. Drivers who live in large cities have to deal with traffic congestion and longer commutes to work. More time on the road translates into higher accident risk.
  • Adjust deductibles and save – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Lexus. A few examples of covered claims would be running into the backend of another car, collision with an animal, and windstorm damage. Physical damage deductibles are how much you are willing to pay out-of-pocket before your car insurance pays a claim. The more money you have to pay, the less your company will charge you for insurance on ES 350 coverage.
  • Poor driving leads to higher costs – A bad driving record has a big impact on rates. Even one ticket can boost insurance rates by twenty percent. Careful drivers tend to pay less for car insurance than their less careful counterparts. If you have dangerous violations such as reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
  • High crash test scores lower rates – Cars with high safety ratings tend to have better insurance rates. These vehicles have better occupant injury protection and better occupant protection means less money paid by your insurance company and thus lower rates. If your Lexus ES 350 is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.

Discounts are great for lower rates

Companies don’t always publicize every discount very well, so we researched both the well known and also the lesser-known savings tricks you should be using. If you don’t get every credit you deserve, you’re paying more than you need to.

  • Accident Forgiveness – Certain companies will allow you to have one accident before hitting you with a surcharge if you are claim-free for a set time period.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use a seat belt can save up to 15% off your PIP or medical payments premium.
  • Federal Government Employee – Employees or retirees of the government can earn a discount up to 10% on ES 350 coverage with select insurance companies.
  • Service Members Pay Less – Having a family member in the military could be rewarded with lower premiums.
  • Drive Less and Save – Keeping the miles down on your Lexus could be rewarded with better rates on cars that stay parked.
  • Theft Prevention Discount – Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • Student in College – Any of your kids living away from home attending college and do not have access to a covered vehicle can receive lower rates.
  • Multi-policy Discount – If you have multiple policies with the same insurance company you may earn approximately 10% to 15%.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Good Student – A discount for being a good student can earn a discount of 20% or more. This discount can apply well after school through age 25.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to specific coverage prices like medical payments or collision. So despite the fact that it appears adding up those discounts means a free policy, car insurance companies aren’t that generous.

For a list of providers with discount car insurance rates, click this link.

You may need specialized coverage

When choosing the best car insurance coverage, there really is no cookie cutter policy. Every situation is different so this has to be addressed. For instance, these questions might help in determining if your insurance needs might need an agent’s assistance.

  • Am I covered by my spouse’s policy after a separation?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Will I lose any money if I cancel my policy before it expires?
  • What is the ISO rating for a 2011 Lexus ES 350?
  • How much liability coverage do I need in my state?
  • Is borrowed equipment or tools covered if stolen or damaged?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

Insurance coverage options for a 2011 Lexus ES 350

Understanding the coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be ambiguous and reading a policy is terribly boring. Below you’ll find the normal coverages available from insurance companies.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Coverage for collisions

Collision coverage pays for damage to your ES 350 caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like colliding with a tree, crashing into a building, driving through your garage door and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as falling objects, hitting a deer, rock chips in glass and damage from flooding. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like EMT expenses, hospital visits and funeral costs. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Liability car insurance

Liability coverage provides protection from damage or injury you incur to a person or their property that is your fault. It protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims like attorney fees, repair costs for stationary objects, medical services, loss of income and funeral expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Get your money’s worth

Cost effective 2011 Lexus ES 350 insurance can be found from both online companies and with local insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance companies do not offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

We just covered many tips how you can lower your insurance rates. The key thing to remember is the more quotes you get, the better likelihood of reducing your rate. Consumers could even find that the most savings is with some of the lesser-known companies. Some small companies often have lower prices on specific markets compared to the large companies like State Farm and Allstate.

More information can be read on the following sites: