Compare 2016 Lexus GS 200t Car Insurance Quotes

Searching for lower-cost auto insurance might seem rather difficult for consumers who are new to price shopping on the web. With such a large choice of companies, how can consumers possibly compare each option to find the cheapest rates?

You need to compare premium rates once or twice a year because rates are adjusted regularly by insurance companies. Even if you think you had the best deal for GS 200t coverage two years ago there may be better deals available now. Forget all the misinformation about auto insurance because we’re going to show you the things you must know in order to find lower rates on auto insurance.

Lower your insurance premiums

Many things are used when you get your auto insurance bill. Some of the criteria are obvious such as your driving history, but others are not quite as obvious such as whether you are married or your vehicle rating.

  • Women pay lower prices – The statistics show that females take fewer risks when driving. The data does not necessarily mean that men are worse drivers. They both cause at-fault accidents at a similar rate, but the male of the species get into accidents with more damage. They also receive more costly citations such as DWI and reckless driving. Teenage male drivers are most likely to cause an accident and thus pay the highest rates.
  • Liability protection limits are a factor – A critical coverage on your policy, liability insurance will afford coverage in the event that a court rules you are at fault for causing personal injury or damage in an accident. It will provide for a legal defense to defend your case. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so buy as much as you can afford.
  • Do you really need roadside assistance? – There are a lot of extra add-on coverages that can add up on your 2016 GS 200t policy. Add-on coverages like coverage for rental cars, towing coverage, and extra life insurance coverage are probably not needed. These may sound like a good investment when deciding what coverages you need, but your needs may have changed so consider taking them off your policy.
  • Bad credit will cost you – A driver’s credit rating will be a significant factor in calculating your auto insurance rates. Insureds with excellent credit scores tend to be more responsible and file fewer claims than drivers with worse credit. Therefore, if your credit is lower than you’d like, you could save money insuring your 2016 Lexus GS 200t if you clean up your credit.

Compare insurance coverage rates

To find more affordable quotes, there are a couple of ways to get quotes from companies that offer insurance coverage in your state. One of the best ways to do a complete rate comparison is simply to get online rate quotes. This is very easy and can be done by using one of the methods below.

  1. Without a doubt, the easiest way consumers can analyze rates is an all-inclusive rate comparison like this one (opens in new window). This type of form saves time by eliminating separate quotation requests for each company you want a rate for. A single form gets coverage cost estimates from multiple low-cost companies.It’s the quickest way to get rates.
  2. A different way to analyze rates requires a visit to each individual company website and repeat the quote process. For sake of this example, let’s assume you want to compare prices for State Farm, Esurance and Geico. In order to compare rates, you need to go to every website to enter the same coverage data repeatedly, which can be really labor intensive. For a list of links to insurance companies in your area, click here.
  3. The least efficient and most time consuming method to shop rates is to spend time driving to insurance agents’ offices. Doing it all online has reduced the need for local agents unless you have a need for the professional guidance of an agent trained in personal lines coverage. Although you can compare the best prices online but have a local agent actually write the policy.

Which method you use is up to you, but be sure you’re using the exact same quote data with every price quote. If you use different liability limits you will not be able to determine which rate is truly the best. Quoting even small variations in coverage limits can result in a big premium difference. It’s important to know that having more price comparisons provides better odds of finding a better price.

Well known brands might not be cheapest

Respected companies like Progressive, Geico, Allstate and State Farm consistently run ads on TV and radio. They all seem to make the point that drivers will save a bundle after switching to them. How is it possible that every company can offer you a better deal? It’s all in the wording.

Companies provide the lowest rates for the right customer that earns them the most money. One example of a driver they prefer could be over the age of 35, has no tickets, and has a short commute. A customer that fits those parameters is entitled to the best price and most likely will save quite a bit of money when switching.

Potential insureds who do not meet these standards must pay higher premiums and this results in business not being written. The wording the ads use say “people who switch” but not “everyone who gets a quote” save money. That is how companies can truthfully advertise the way they do.

Each company has different criteria, so drivers should get insurance coverage quotes from several different companies. Because you cannot predict with any certainty which company will fit your personal profile best.

Drivers save money with with these discounts

Some companies don’t always advertise every available discount very clearly, so below is a list some of the best known as well as the least known car insurance savings.

  • Life Insurance Discount – Larger insurance companies have a discount if you purchase some life insurance in addition to your auto policy.
  • Home Ownership Discount – Just being a homeowner can save a few bucks because of the fact that having a home requires personal responsibility.
  • ABS Brakes – Cars with anti-lock braking systems are safer to drive so companies give up to a 10% discount.
  • Discounts for Multiple Vehicles – Buying coverage for multiple vehicles with one company could earn a price break for each car.
  • Distant College Student Discount – College-age children who attend college more than 100 miles from home without a vehicle on campus could qualify for this discount.
  • Onboard Data Collection – Drivers that enable their car insurance company to analyze their driving habits by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they are good drivers.
  • Discount for Swiching Early – Some insurance companies provide a discount for signing up prior to the expiration date on your current policy. The savings is around 10%.
  • Cautious Driver Discount – Drivers who avoid accidents can pay as much as 50% less for GS 200t coverage than drivers with accidents.
  • Employee of Federal Government – Having worked for a branch of the government could cut as much as 10% off for GS 200t coverage depending on your company.
  • Discount for Multiple Policies – If you combine your homeowners and auto policies and insure them with the same company you could save approximately 10% to 15%.

Consumers should know that some of the credits will not apply to all coverage premiums. Some only reduce individual premiums such as collision or personal injury protection. So even though they make it sound like all those discounts means the company will pay you, it just doesn’t work that way.

Larger car insurance companies and some of their more popular discounts are outlined below.

  • Geico may have discounts that include daytime running lights, five-year accident-free, anti-lock brakes, defensive driver, and seat belt use.
  • Auto-Owners Insurance offers discounts for group or association, paid in full, safe vehicle, safe driver, multi-policy, air bags, and anti-lock brakes.
  • American Family offers discounts including early bird, good driver, air bags, TimeAway discount, mySafetyValet, and good student.
  • Esurance has discounts for paid-in-full, DriveSense, online quote, defensive driver, homeowner, safety device, and Switch & Save.
  • Progressive policyholders can earn discounts including online signing, continuous coverage, online quote discount, good student, multi-policy, multi-vehicle, and homeowner.
  • State Farm discounts include Drive Safe & Save, multiple policy, passive restraint, Steer Clear safe driver discount, and multiple autos.
  • AAA has savings for multi-car, good student, pay-in-full, anti-theft, good driver, multi-policy, and education and occupation.

It’s a good idea to ask all the companies which discounts they offer. Discounts may not be available in your area. To see car insurance companies offering car insurance discounts, click here to view.

Your situation helps dictate your coverage

When choosing adequate coverage, there really is not a one size fits all plan. Everyone’s situation is unique.

For instance, these questions may help you determine whether your personal situation could use an agent’s help.

  • Am I covered when driving on a suspended license?
  • Does my policy cover me when driving someone else’s vehicle?
  • Does medical payments coverage apply to all occupants?
  • Is a new car covered when I drive it off the dealer lot?
  • Can I get a multi-policy discount?
  • Does my insurance cover a custom paint job?
  • Should I have a commercial auto policy?
  • Does insurance cover damages from a DUI accident?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance coverages

Knowing the specifics of a insurance policy can help you determine the right coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Liability

This protects you from damage or injury you incur to a person or their property. It protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims such as funeral expenses, structural damage, legal defense fees, medical expenses and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive coverage (or Other than Collision)

This coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as a broken windshield, hail damage, fire damage, damage from a tornado or hurricane and vandalism. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision protection

Collision coverage covers damage to your GS 200t resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a building, colliding with another moving vehicle, sustaining damage from a pot hole, hitting a mailbox and crashing into a ditch. This coverage can be expensive, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Lexus GS 200t.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally the UM/UIM limits do not exceed the liability coverage limits.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses such as dental work, chiropractic care, hospital visits and ambulance fees. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Be a money saver!

Lower-priced insurance coverage is possible on the web as well as from insurance agents, and you need to comparison shop both to have the best chance of lowering rates. There are still a few companies who do not provide online rate quotes and most of the time these small insurance companies sell through local independent agencies.

You just read quite a bit of information on how to shop for 2016 Lexus GS 200t insurance online. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding cheaper insurance coverage. Drivers may discover the lowest premium rates are with a smaller regional carrier.

People leave their current company for a variety of reasons including poor customer service, lack of trust in their agent, an unsatisfactory settlement offer or being labeled a high risk driver. It doesn’t matter what your reason, finding a great new company is pretty easy and you might even save some money in the process.

Much more information about insurance coverage can be found at the links below