2009 Lexus RX 350 Insurance Cost – 6 Tips to Save

Finding cheaper insurance for a Lexus RX 350 could be a lot of work, but you can use these tips to make it easier. There is a better way to compare car insurance rates and we’ll show you the quickest way to quote coverages for a Lexus and obtain the best price possible from local insurance agents and online providers.

Don’t miss these six money-saving discounts

Some insurance providers don’t always list every available discount in a way that’s easy to find, so we researched both the well known in addition to some of the lesser obvious discounts that you may qualify for.

  • Air Bag Discount – Factory options such as air bags or motorized seat belts can get savings of 20 to 30 percent.
  • Discount for Low Mileage – Low annual miles may enable drivers to earn better car insurancerates on cars that stay parked.
  • Military Rewards – Being deployed in the military may qualify for rate reductions.
  • Claim Free – Drivers who don’t have accidents get the best car insurance rates in comparison with insureds who have frequent claims or accidents.
  • Early Signing – Some companies give discounts for buying a policy before your current expiration date. You can save around 10% with this discount.
  • Seat Belts Save – Requiring all passengers to use a seat belt can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.

As a sidenote, many deductions do not apply the the whole policy. A few only apply to individual premiums such as comprehensive or collision. So when the math indicates having all the discounts means you get insurance for free, you won’t be that lucky.

A list of companies and some of the premium reductions they offer include:

  • State Farm includes discounts for defensive driving training, Steer Clear safe driver discount, multiple autos, good driver, student away at school, and Drive Safe & Save.
  • Nationwide policyholders can earn discounts including accident-free, Farm Bureau membership, family plan, easy pay, good student, multi-policy, and business or organization.
  • Geico has discounts for membership and employees, military active duty, good student, anti-theft, emergency military deployment, and defensive driver.
  • AAA offers discounts including anti-theft, pay-in-full, good student, AAA membership discount, multi-policy, and education and occupation.
  • 21st Century offers premium reductions for 55 and older, early bird, anti-lock brakes, teen driver, homeowners, and automatic seat belts.
  • The Hartford may have discounts that include defensive driver, good student, air bag, vehicle fuel type, driver training, and anti-theft.

When comparing rates, check with each company which discounts can lower your rates. Depending on the company, some discounts may not apply to policyholders in your area.

How much is car insurance?

Comparing car insurance rates is a ton of work if you don’t know the most efficient way. You could waste a few hours talking about coverages with local insurance agents in your area, or you can utilize online quoting to get prices fast.

Most major companies participate in a marketplace that allows shoppers to only type in their quote data once, and each company then returns a price quote based on that information. This saves time by eliminating quotation requests to each individual car insurance company.

To find out how much you’re overpaying now click to open in new window.

The only drawback to doing it this way is you cannot specify which carriers you will receive quotes from. If you prefer to choose specific insurance companies to compare, we have assembled a list of companies who write car insurance in your area. Click here to view list.

The method you choose is up to you, but double check that you are using the exact same coverage data for every quote you compare. If you use mixed coverages you will not be able to get a fair rate comparison.

Do I need special coverages?

When choosing proper insurance coverage, there really is not a “best” method to buy coverage. Everyone’s situation is a little different.

For instance, these questions can help discover if you will benefit from professional help.

  • Should I buy only the required minimum liability coverage?
  • What if I owe more than I can insure my car for?
  • When do I need to add a new car to my policy?
  • What is the rate difference between pleasure use and commuting?
  • Do I need replacement cost coverage on my 2009 Lexus RX 350?
  • Do all my vehicles need collision coverage?
  • Does car insurance cover theft of personal property?
  • Do I have coverage if my license is suspended?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and you can get the answers you need.

Car insurance policy coverages for a Lexus RX 350

Knowing the specifics of your policy can help you determine appropriate coverage and proper limits and deductibles. Car insurance terms can be confusing and even agents have difficulty translating policy wording.

Auto liability insurance

This will cover injuries or damage you cause to a person or their property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like bail bonds, legal defense fees, structural damage and medical expenses. How much coverage you buy is up to you, but buy as much as you can afford.

Coverage for collisions

This covers damage to your RX 350 caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like scraping a guard rail, backing into a parked car and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Medical expense coverage

Med pay and PIP coverage kick in for bills like pain medications, rehabilitation expenses, dental work, nursing services and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Uninsured or underinsured coverage

This provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Lexus RX 350.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive protection

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a bird, a broken windshield, damage from a tornado or hurricane and rock chips in glass. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

One last thing

People who switch companies do it for many reasons like poor customer service, denial of a claim, policy cancellation or unfair underwriting practices. Regardless of your reason, choosing a new insurance company is less work than it seems.

As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. There are too many instances where an insured dropped uninsured motorist or liability limits and learned later that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost while still protecting your assets.

Lower-priced car insurance is possible both online as well as from independent agents, and you need to comparison shop both to have the best rate selection. Some companies don’t offer the ability to get a quote online and these smaller companies only sell coverage through independent agents.

To learn more, take a look at these articles: