Cheaper 2017 Lexus GS 350 Car Insurance Rates

Looking for cheaper car insurance rates for your Lexus GS 350? I can’t think of a single person who looks forward to paying premiums for car insurance, especially when they are paying too much.

Numerous car insurance companies battle to insure your vehicles, so it’s not easy to compare every insurer and get the definite lowest rate possible.

It’s important to take a look at other company’s rates before your policy renews since insurance prices go up and down regularly. If you had the best deal on GS 350 insurance on your last policy you will most likely find a better rate quote today. There is a lot of bad advice regarding car insurance online but you can learn some excellent ideas to find affordable car insurance.

How to compare insurance coverage rate quotes

The majority of larger companies such as State Farm, Geico and Progressive allow consumers to get prices for coverage from their websites. Getting quotes can be done by anyone as you just enter the coverage amounts you desire on the page. When the form is submitted, their quoting system will order information on your driving record and credit history and generates pricing information determined by many factors. Quoting online makes it a lot easier to compare rates but the work required to visit several different sites and type in the same data is repetitive and time-consuming. But it’s absolutely necessary to get many rate quotes if you want to get the lowest price.

An easier way to lower your insurance coverage bill uses just one form that gets prices from several companies at one time. It saves time, eliminates repetitive work, and makes quoting online much simpler. Immediately after submitting the form, your coverage is rated and you can select any of the quote results.

If the quotes result in lower rates, it’s easy to complete the application and purchase the new policy. The entire process only takes a few minutes and may result in a nice savings.

To compare rates now, simply click here to open in new window and begin entering your coverage information. If you have a policy now, it’s recommended you complete the form with the insurance coverages just like they are on your policy. Doing this guarantees you are getting an apples-to-apples comparison based on similar coverages.

Don’t listen to company ads

Respected companies like State Farm, Geico and Progressive seem to constantly run television, radio, and online ads. All the ads seem to make the promise about savings if you just switch to them. How does each company offer you a better deal? This is the way they can do it.

Insurance companies quote their best rates for the right customer that will be a good risk. For example, a profitable risk profile may need to be a married male, carries high limits, and has a short commute. Any customer that meets those criteria may get the lowest auto insurance rates and therefore will save if they switch.

People who may not quite match those standards will see higher premiums with the end result being the prospect going elsewhere. The trick is to say “drivers that switch” not “everybody who quotes” can save as much as they claim. That’s why companies can claim big savings.

This illustrates why drivers should compare rate quotes every year. Because without a comparison, you cannot know which company will be your best fit.

Why your insurance costs might be higher

A large part of saving on insurance coverage is knowing a few of the rating criteria that help calculate your insurance coverage rates. When consumers understand what positively or negatively impacts your premiums, this allows you to make good choices that will entitle you to lower premium levels. Lots of things are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious like a motor vehicle report, although others are more obscure such as your credit history or how financially stable you are.

  • What’s your car’s IIHS safety rating? – Safe vehicles can get you lower premiums. These vehicles reduce injuries and better occupant protection means less money paid by your insurance company which can mean better rates for you. If your Lexus GS 350 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Cheaper insurance coverage rates for prior coverage – Not maintaining insurance can get your license suspended and as a result your rates will increase for letting your coverage lapse. In addition to paying higher premiums, not being able to provide proof of insurance may result in fines or a revoked license.
  • Poor driving habits means higher rates – Having a clean driving record has a huge affect on how much you pay. Good drivers pay less for auto insurance as compared to careless drivers. Even a single speeding ticket may increase your cost twenty percent or more. Drivers who have received serious citations like reckless driving or DUI are required to prove financial responsibility with their state’s licensing department in order to prevent their license from being revoked.
  • Get married and pay lower rates – Getting married may cut your premiums when shopping for insurance coverage. Marriage may mean you are more mature and statistics show being married results in fewer claims.
  • Insurance is expensive for youthful drivers – More experienced drivers are proven to be safer behind the wheel, cause fewer claims and accidents , and are generally more financially stable.Teenage drivers have a tendency to be easily distracted with other occupants in the car and because of this, their insurance coverage rates are much higher.
  • Premiums and vocation – Careers such as military personnel, social workers and medical professionals generally have higher premiums than the average policyholder because of intense work requirements and long work days. On the other hand, occupations like farmers, athletes and homemakers pay the least on GS 350 insurance.

Take policy discounts and save

Some companies don’t always list all disounts in a way that’s easy to find, so we took the time to find both well-publicized as well as some of the hidden discounts that you may qualify for.

  • Defensive Driver – Successfully completing a safe driver course could cut 5% off your bill if you qualify.
  • Save with More Vehicles Insured – Buying a policy with multiple cars on one policy can reduce the rates for all insured vehicles.
  • Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and that can save you a little bit as well.
  • Multi-policy Discount – If you combine your auto and home policies with one company you will save at least 10% off all policies.
  • Discount for Life Insurance – Select companies reward you with lower car insurancerates if you buy a life policy as well.
  • First Accident Forgiveness – Not really a discount, but some companies like Liberty Mutual and Geico will forgive one accident before your rates go up so long as you are claim-free for a particular time prior to the accident.
  • Telematics Discount – Drivers who elect to allow their insurance company to spy on where and when they drive by using a small device installed in their vehicle such as Snapshot from Progressive or Drivewise from Allstate may see discounts as long as the data is positive.
  • Seat Belts Save – Forcing all vehicle occupants to buckle up before driving could save 15% off PIP or medical payments premium.
  • Renewal Discounts – Select larger companies give a discount for signing up before your current expiration date. It’s a savings of about 10%.

One thing to note about discounts is that most of the big mark downs will not be given to the entire policy premium. Some only apply to the price of certain insurance coverages like comprehensive or collision. So when the math indicates you could get a free car insurance policy, it doesn’t quite work that way. But any discount will cut your policy premium.

A partial list of companies who may offer many of the previously listed discounts possibly include:

When comparing rates, check with every insurance company to apply every possible discount. Savings may not be available in your area. To choose insurance companies who offer discounts, click here to view.

Which policy gives me the best coverage?

When buying coverage, there really is no one size fits all plan. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that may help you determine if your situation would benefit from professional advice.

  • Who is covered by my policy?
  • What if I total my 2017 Lexus GS 350 and owe more than it’s worth?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is my camper covered by my car insurance policy?
  • Can I afford low physical damage deductibles?
  • Is there coverage for injuries to my pets?

If you’re not sure about those questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Insurance coverage considerations

Having a good grasp of insurance aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types found on most insurance policies.

Medical costs insurance

Coverage for medical payments and/or PIP pay for short-term medical expenses for things like EMT expenses, ambulance fees and surgery. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Liability coverages

Liability coverage can cover damages or injuries you inflict on people or other property by causing an accident. This coverage protects you from legal claims by others, and 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 commonly see liability limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as legal defense fees, medical services, pain and suffering and medical expenses. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hitting a deer, vandalism and hitting a bird. The maximum amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like sustaining damage from a pot hole, crashing into a building and rolling your car. 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 increase the deductible to bring the cost down.

UM/UIM Coverage

This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your 2017 Lexus GS 350.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally the UM/UIM limits are similar to your liability insurance amounts.

Power to the consumer

We’ve covered many ways to lower your 2017 Lexus GS 350 insurance premium rates. The key thing to remember is the more times you quote, the higher your chance of finding cheaper auto insurance. You may be surprised to find that the lowest premium rates come from a small mutual company. These companies can often provide lower prices in certain areas than their larger competitors like Progressive and Geico.

As you go through the steps to switch your coverage, you should never reduce coverage to reduce premium. There are a lot of situations where an insured cut liability coverage limits only to discover later they didn’t have enough coverage. The aim is to find the BEST coverage at a price you can afford while still protecting your assets.

Much more information about car insurance is available at the links below