2007 Lexus IS 350 Car Insurance Quotes – 6 Discounts for Best Rates

Drivers have options when trying to find the best price on Lexus IS 350 insurance. You can either waste hours contacting agents getting price quotes or leverage the internet to compare rates. There are more efficient ways to buy insurance coverage and you need to know the quickest way to get price quotes on a Lexus and get the cheapest rates from both online companies and local agents.

Choosing the best insurance company for you is not rocket science. If you currently have car insurance, you should be able to cut costs considerably using this information. Drivers just need to understand the proper methods to buy car insurance online.

The quickest method to compare car insurance rates is to realize almost all companies will pay a fee to provide you with a free rate quote. The only thing you need to do is provide a little information like whether you have decent credit, any included safety features, if a SR-22 is needed, and if you are currently licensed. The data is submitted instantly to many highly-rated insurers and you get price estimates very quickly.

Auto insurance companies offer many types of discounts

Auto insurance is neither fun to buy or cheap, but you may qualify for discounts that could drop your premiums quite a bit. Some trigger automatically at the time of quoting, but a few must be asked about before being credited.

  • 55 and Retired – Seniors are able to get lower premium rates on IS 350 insurance.
  • E-sign Discounts – A few companies will give a small break shop insurance on the web.
  • Drive Safe and Save – Insureds without accidents may receive a discount up to 45% on IS 350 insurance than less cautious drivers.
  • Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them participate in a local driver’s education class if offered at their school.
  • Payment Method – If you pay your bill all at once rather than paying in monthly installments you can actually save on your bill.
  • Resident Student – Kids who are enrolled in a college that is more than 100 miles from home and don’t have a car may be insured at a cheaper rate.

A quick disclaimer, most of the big mark downs will not be given to the overall cost of the policy. Most only cut the price of certain insurance coverages like medical payments or collision. So when it seems like it’s possible to get free car insurance, companies don’t profit that way.

A list of auto insurance companies and their offered discounts are detailed below.

  • Progressive may have discounts that include homeowner, multi-vehicle, continuous coverage, multi-policy, good student, and online signing.
  • MetLife discounts include good student, accident-free, claim-free, good driver, defensive driver, and multi-policy.
  • Mercury Insurance policyholders can earn discounts including ease of repair, annual mileage, accident-free, good driver, and multi-car.
  • Nationwide offers premium reductions for defensive driving, Farm Bureau membership, anti-theft, easy pay, good student, and business or organization.
  • Geico may include discounts for membership and employees, federal employee, emergency military deployment, driver training, five-year accident-free, anti-lock brakes, and multi-vehicle.
  • AAA offers discounts for multi-car, pay-in-full, AAA membership discount, education and occupation, good student, multi-policy, and anti-theft.

It’s a good idea to ask each insurance company to give you their best rates. All car insurance discounts may not be offered in every state. To choose auto insurance companies with significant discounts, click here to view.

Do I just need basic coverages?

When choosing coverage for your vehicles, there is no one size fits all plan. Everyone’s needs are different.

These are some specific questions might help in determining whether or not you might need professional guidance.

  • Is my camper covered by my car insurance policy?
  • How do I buy GAP insurance?
  • Am I covered when driving on a suspended license?
  • Should I buy more coverage than the required minimum liability coverage?
  • How much underlying liability do I need for an umbrella policy?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Are my friends covered when driving my 2007 Lexus IS 350?
  • What if I owe more than I can insure my car for?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, free and you can get the answers you need.

Auto insurance coverage considerations

Understanding the coverages of your policy aids in choosing which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for hospital visits, chiropractic care, doctor visits and EMT expenses. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Collision coverages – Collision insurance pays for damage to your IS 350 from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as rolling your car, sideswiping another vehicle, colliding with another moving vehicle and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive auto insurance – Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as damage from flooding, fire damage, a broken windshield, vandalism and hitting a bird. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for uninsured or underinsured drivers – This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your 2007 Lexus IS 350.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Liability coverage – This provides protection from damage that occurs to other people or 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, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things such as pain and suffering, attorney fees, loss of income and medical expenses. How much coverage you buy is a personal decision, but buy as large an amount as possible.

Be a Smart Shopper

We just presented many ways to reduce 2007 Lexus IS 350 insurance premium rates online. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. You may even discover the biggest savings come from a lesser-known regional company.

Cheap 2007 Lexus IS 350 insurance is available both online and from local insurance agents, and you need to price shop both to have the best selection. There are still a few companies who may not have online quoting and these smaller providers work with independent agencies.

As you quote insurance, you should never skimp on coverage in order to save money. Too many times, an insured dropped physical damage coverage and found out when filing a claim they didn’t purchase enough coverage. Your aim should be to find the BEST coverage at the best cost but still have enough coverage for asset protection.

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