How Much Does 2011 Lexus ES 350 Insurance Cost?

Nobody I know cherishes buying auto insurance, in particular when the cost is too high. Drivers have so many car insurance companies to choose from, and even though it’s nice to have a choice, it makes it harder to get the best deal.

Insurance Prices Online

Shopping for lower insurance rates can be a daunting task if you don’t know the easiest way. You can waste a lot of time talking about coverages with agents in your area, or you can stay home and use online quotes to achieve your goal.

Many of the larger companies enroll in a system where prospective buyers submit their information once, and every company can give them a price determined by their information. This saves time by eliminating repetitive form submissions to every company.

To compare pricing click here (opens in new window).

The only drawback to using this type of form is that consumers can’t choose which companies you want to price. If you prefer to choose from a list of companies to compare rates, we have a page of low cost insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but ensure you are comparing identical coverages and limits on every quote you get. If the quotes have unequal deductibles or liability limits it will be impossible to determine the lowest rate for your Lexus ES 350.

Discounts are great for lower rates

Companies offering auto insurance do not list every discount in a way that’s easy to find, so we break down some of the more common and the harder-to-find ways to save on insurance coverage. If you aren’t receiving every discount possible, you are throwing money away.

Accident Waiver – Some insurance companies allow you one accident before your rates go up so long as you haven’t had any claims for a set time period.
Passive Restraint Discount – Factory air bags can receive discounts of 20% or more.
Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more for ES 350 insurance than their less cautious counterparts.
Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
Clubs and Organizations – Belonging to a civic or occupational organization may earn a discount when shopping for insurance coverage for ES 350 insurance.

As a disclaimer on discounts, most credits do not apply the the whole policy. Some only apply to specific coverage prices like medical payments or collision. So when the math indicates you could get a free insurance coverage policy, you’re out of luck.

To see a list of insurers who offer insurance coverage discounts, follow this link.

You may need specialized coverage

When choosing the best car insurance coverage for your vehicles, there is no “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. These are some specific questions might help in determining if you might need professional guidance.

Is business equipment covered while in my vehicle?
Does car insurance cover theft of personal property?
Are rock chip repairs covered?
How do I insure my teen driver?
Does my policy pay for OEM or aftermarket parts?
Why does it cost so much to insure a teen driver?
What discounts do I qualify for?
How do I file an SR-22 for a DUI in my state?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Educate yourself about insurance coverages

Understanding the coverages of a insurance policy helps when choosing which coverages you need for your vehicles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages found on most insurance policies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Coverage for liability

Liability coverage protects you from damage that occurs to other’s property or people in an accident. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things like emergency aid, structural damage, repair bills for other people’s vehicles, loss of income and funeral expenses. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Auto collision coverage

Collision insurance pays for damage to your ES 350 caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as sideswiping another vehicle, colliding with another moving vehicle, colliding with a tree, scraping a guard rail and driving through your garage door. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also choose a higher deductible to bring the cost down.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as pain medications, X-ray expenses and funeral costs. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as rock chips in glass, damage from flooding and hail damage. The maximum payout your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.