2006 Lexus IS 350 Car Insurance Rates

Beginners to comparing rates online could find shopping for cheap car insurance is more work than they anticipated.

Vehicle Insurance Comparison

Most companies give pricing on their websites. The process is pretty painless as you just enter the coverage amounts you desire into the quote form. Once entered, the system automatically retrieves your driving and credit reports and returns a price quote determined by many factors.

Quoting online makes comparing rates easy, but the time it takes to visit several different sites and complete many quote forms is not the best way to spend an afternoon. But it’s absolutely necessary to have as many quotes as possible in order to get a lower rate.

The easiest way to lower your insurance coverage bill is to use a quote form that obtains quotes from several companies at one time. This type of form saves time, helps eliminate reptitive entry, and makes online quotes much more efficient. As soon as the form is sent, it gets priced with multiple companies and you can pick any or none of the quotes that you receive. If a lower price is quoted, you can simply submit the application and buy the policy. It takes less than 15 minutes and you will find out if you’re overpaying now.

To compare rates using this form now, simply click here to open in new window and submit your coverage information. If you currently have coverage, we recommend you input the coverage information as shown on your current policy. Doing this guarantees you will get a rate comparison for exact coverage.

Cut your car insurance rates with discounts

Companies offering auto insurance don’t list every discount very well, so we break down both well-publicized and also the lesser-known ways to save on car insurance.

  • E-sign – A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up digitally online.
  • Air Bag Discount – Factory air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
  • Defensive Driver – Completing a course in driver safety can save you 5% or more if your company offers it.
  • Payment Method – If paying your policy premium upfront instead of paying each month you could save 5% or more.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Lexus could qualify for discounted rates on garaged vehicles.

A little note about advertised discounts, most discount credits are not given the the whole policy. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, it doesn’t quite work that way.

Car insurance companies that may offer these money-saving discounts include:

It’s a good idea to ask every prospective company how you can save money. All car insurance discounts may not be available in your state.

You are unique and your insurance coverage should be too

When it comes to choosing adequate coverage for your personal vehicles, there really is not a one size fits all plan. Every insured’s situation is different.

For example, these questions might help in determining if your situation will benefit from professional help.

  • Do I need an umbrella policy?
  • What is UM/UIM insurance?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Can I afford low physical damage deductibles?
  • Is my teen driver covered when they drive my company car?
  • Do I have newly-aquired coverage?
  • Am I covered if I hit my neighbor’s mailbox?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form.

Insurance coverage breakdown

Learning about specific coverages of insurance aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Collision coverage

Collision insurance covers damage to your IS 350 caused by collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as sideswiping another vehicle, hitting a mailbox, scraping a guard rail, crashing into a building and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also raise the deductible to save money on collision insurance.

Liability

Liability coverage can cover injuries or damage you cause to people or other property. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

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

Liability coverage pays for claims such as medical expenses, legal defense fees and structural damage. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses such as ambulance fees, nursing services, X-ray expenses, prosthetic devices and pain medications. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

UM/UIM Coverage

Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from 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 insurance covers things like hitting a bird, falling objects and a broken windshield. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

More quotes mean more savings

The cheapest 2006 Lexus IS 350 insurance is definitely available online as well as from independent agents, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who don’t offer online price quotes and most of the time these small insurance companies sell through independent agents.

When trying to cut insurance costs, make sure you don’t skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced uninsured motorist or liability limits only to discover later that the savings was not a smart move. Your aim should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

Insureds who switch companies do it for many reasons like an unsatisfactory settlement offer, poor customer service, high rates after DUI convictions or denial of a claim. No matter why you want to switch, finding the right car insurance provider is not as hard as you think.

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