Want better insurance coverage rates for your Lexus GS 350? High-priced insurance coverage can consume your funds and force you to make sacrifices. Comparing rate quotes is a fast and free way to slash your bill and have more diposable income.
There is such a variety of insurance companies to buy insurance from, and although it’s a good thing to be able to choose, more options can take longer to find the best rates for your vehicles.
You should take the time to compare premium rates periodically since rates change regularly. Just because you found the lowest rate on GS 350 coverage last year a different company probably has better prices today. Ignore everything you know about insurance coverage because I’m going to let you in on the secrets to how to quote online to lower your rates without sacrificing coverage.
Effectively comparing car insurance prices can take time and effort if you don’t know the easiest way. You can spend countless hours talking about coverages with insurance agencies in your area, or you can stay home and use the internet to get pricing more quickly.
Many popular insurance companies belong to an insurance system that enables customers to send in one quote, and each participating company can provide price quotes determined by their information. This system prevents you from having to do quote forms for each company. To find out how much you can save on car insurance click here to open in new window.
The only downside to using this type of system is you can’t choose the insurers you want pricing from. If you wish to select individual companies to compare rates, we have a page of low cost car insurance companies in your area. Click here for list of insurance companies.
It’s up to you which method you use, but be sure you’re using equivalent coverage data for every company. If each company quotes different values for each quote it’s impossible to make an equal comparison. Even a minor difference in limits can make a big difference in price. And when comparison shopping, more quotes will improve the odds of getting better pricing.
The cost of insuring your cars can be expensive, but there may be some discounts that many consumers don’t even know exist. Certain discounts will be applied at the time of purchase, but some may not be applied and must be requested specifically before they will apply.
As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most cut individual premiums such as comp or med pay. If you do the math and it seems like it’s possible to get free car insurance, it’s just not the way it works. Any amount of discount will reduce the cost of your policy.
Some companies that may offer quotes with these discounts are:
When getting a coverage quote, ask each insurance company to give you their best rates. Some discounts listed above might not be offered everywhere. To see providers with discount rates, click here.
When it comes to choosing proper insurance coverage, there is no single plan that fits everyone. Everyone’s situation is unique and your policy should reflect that. For instance, these questions can aid in determining if your insurance needs may require specific advice.
If you can’t answer these questions, you may need to chat with an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.
Having a good grasp of insurance aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from insurance companies.
Collision coverage protection
This coverage covers damage to your GS 350 caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like sustaining damage from a pot hole, crashing into a ditch, damaging your car on a curb, sideswiping another vehicle and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your 2013 Lexus GS 350.
Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these limits do not exceed the liability coverage limits.
Auto liability
Liability coverage will cover damage that occurs to a person or their property by causing an accident. This coverage protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage protects against things such as medical services, structural damage and funeral expenses. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like doctor visits, funeral costs and pain medications. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible
Comprehensive auto coverage
Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims such as damage from getting keyed, hail damage and damage from flooding. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.