View 2010 Lexus ES 350 Car Insurance Cost

Want lower auto insurance rates for your Lexus ES 350? Trying to find low-cost insurance for a Lexus ES 350 could be difficult, but you can follow the following methods and make it easy. There is a right way and a wrong way to shop for auto insurance and you need to know the best way to compare rates on a Lexus and obtain the lowest possible price.

Save with discounts on Lexus ES 350 insurance

Car insurance companies don’t always publicize all their discounts in a way that’s easy to find, so we break down both the well known as well as the least known discounts you could be receiving. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Braking Control Discount – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Student Driver Training – Have your child complete a driver education course in school.
  • Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems can receive discounts of 20% or more.
  • Multiple Policy Discount – If you have multiple policies with one company you will save 10% to 20% off each policy.

Keep in mind that some credits don’t apply the the whole policy. Most cut the cost of specific coverages such as medical payments or collision. Just because you may think it’s possible to get free car insurance, insurance companies aren’t that generous.

To see a list of companies with the best insurance discounts, follow this link.

Where Can I Get Cheap Insurance Coverage?

Finding lower insurance coverage rates is not rocket science. All you need to do is take a couple of minutes to compare rate quotes online with multiple companies. This can be done in a couple of different ways.

  1. The easiest and least time consuming way to get quotes for comparison would be an industry-wide quote request form click here to open form in new window. This easy form prevents you from having to do repetitive form submissions for each company you want a rate for. One form gets you price quotes instantly. This is perfect if you don’t have a lot of time.
  2. A more time consuming way to get comparison quotes is going to the website of each company and fill out their own quote form. For sake of this example, let’s say you want rates from Nationwide, Liberty Mutual and State Farm. To get rate quotes you would need to visit each site to input your insurance information, and that’s why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

It’s up to you which method you use, but be sure to compare apples-to-apples deductibles and coverage limits for every company. If your comparisons have different liability limits you will not be able to make a fair comparison for your Lexus ES 350.

What determines your Lexus ES 350 insurance premium

It’s important that you understand the factors that go into determining the price you pay for insurance coverage. Understanding what determines base rates empowers consumers to make smart changes that will entitle you to better insurance coverage rates.

  • Where you live can impact rates – Choosing to live in less populated areas is a positive aspect when it comes to insurance coverage. Urban drivers tend to have more traffic problems and a longer drive to work. Fewer people translates into fewer accidents and a lower car theft rate.
  • Being married is a good thing – Getting married helps lower the price on your insurance coverage policy. It means you’re more mature and responsible and statistics show married drivers get in fewer accidents.
  • Sex matters – Statistics demonstrate that women are safer drivers than men. However, this does not mean women are better drivers. Women and men tend to get into accidents in similar percentages, but the male of the species have costlier accidents. Men also tend to get more serious tickets like DUI and reckless driving. Young males tend to get in the most accidents and therefore are the most expensive to insure.
  • Do you qualify for a multi-policy discount? – The majority of insurance companies will give a discount to insureds who consolidate policies with them. It’s known as a multi-policy discount. Discounts can be 10 percent or more. If you currently are using one company, it’s in your best interest to compare rates to ensure the best deal. Consumers may find a better deal by buying insurance coverage from a different company.
  • Poor credit can mean higher rates – A driver’s credit history is a large factor in determining what you pay for insurance coverage. So if your credit rating is not that good, you could potentially save money when insuring your 2010 Lexus ES 350 by improving your credit score. Consumers who have excellent credit tend to be less risk to insure than drivers who have lower credit scores.
  • Theft deterrents lower rates – Choosing a vehicle that has an advanced theft prevention system can help lower your rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart auto theft.
  • With age comes lower rates – Older insureds tend to be more responsible, file fewer claims and get fewer tickets. Youthful drivers are statistically proven to be more careless when behind the wheel and because of this, their insurance coverage rates are much higher.
  • Extra coverages can waste money – There are a lot of additional coverages that you can buy when buying insurance coverage. Things like rental car reimbursement, towing coverage and additional equipment coverage are some examples. These may sound like a good investment when talking to your agent, but now you might not need them so remove them from your policy.

Tailor your coverage to you

When choosing the best auto insurance coverage for your personal vehicles, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.

For example, these questions could help you determine if you will benefit from professional help.

  • Am I getting all the discounts available?
  • Am I covered when driving a rental car?
  • Can I afford to pay high deductible claims out of pocket?
  • How can I force my company to pay a claim?
  • Do I benefit by insuring my home with the same company?
  • Do I have any recourse if my insurance company denies a claim?
  • Do I need replacement cost coverage on my 2010 Lexus ES 350?
  • Is my camper covered by my car insurance policy?
  • Does my policy cover me when driving someone else’s vehicle?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance 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 provide invaluable advice.

Drivers who switch save $461 a year? Really?

Consumers constantly see and hear ads that promise big savings by companies like GEICO, State Farm and Progressive. They all have a common claim about savings if you move to them.

How do they all make almost identical claims? This is how they do it.

All companies are able to cherry pick for the type of driver that earns them a profit. For instance, a driver they prefer might be over the age of 50, is a homeowner, and drives newer vehicles. A customer who meets those qualifications will get very good rates and most likely will save a lot of money.

Drivers who fall outside the “perfect” profile will be quoted higher prices and this can result in the driver buying from a lower-cost company. The ads say “people who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can confidently make the claims of big savings. This emphasizes why drivers must get as many comparisons as possible. Because you never know which auto insurance company will fit your personal profile best.

Insurance specifics

Learning about specific coverages of your insurance policy can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Liability coverages – This coverage provides protection from damage or injury you incur to a person or their property. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers claims like medical services, pain and suffering and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Lexus ES 350.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive protection – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like hail damage, falling objects, damage from flooding and hitting a bird. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision – Collision insurance will pay to fix damage to your ES 350 caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like backing into a parked car, driving through your garage door and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for bills for chiropractic care, funeral costs, EMT expenses, hospital visits and pain medications. They are used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

A fool and his money are soon parted

In this article, we covered a lot of tips how to compare 2010 Lexus ES 350 insurance prices online. It’s most important to understand that the more price quotes you have, the higher the chance of saving money. You may even discover the biggest savings come from an unexpected company.

Drivers leave their current company for many reasons like lack of trust in their agent, questionable increases in premium, policy cancellation and even poor customer service. Regardless of your reason for switching companies, choosing a new insurance company can be less work than you think.

When buying insurance coverage, never sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced collision coverage and discovered at claim time that the small savings ended up costing them much more. Your strategy should be to get the best coverage possible for the lowest price while still protecting your assets.

For more information, take a look at the resources below: