Save Money on Lexus IS 350 Insurance in Chula Vista

The preferred way to get budget Lexus IS 350 insurance is to compare prices regularly from insurers in Chula Vista. You can shop around by completing these steps.

First, try to comprehend the coverage provided by your policy and the changes you can make to lower rates. Many rating criteria that are responsible for high rates such as tickets, at-fault accidents, and an imperfect credit history can be controlled by improving your driving habits or financial responsibility. This article provides more information to prevent high prices and find hidden discounts.

Second, request rate estimates from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from one company like Progressive or Farmers Insurance, while independent agencies can provide prices from multiple companies. View a list of agents

Third, compare the quotes to your existing coverage to see if cheaper IS 350 coverage is available in Chula Vista. If you can save some money and make a switch, make sure there is no coverage gap between policies.

Fourth, tell your current agent or company to cancel your current coverage. Submit a down payment and signed policy application to the new company. As soon as you receive it, store the certificate verifying proof of insurance above your visor, in the console, or in the glove compartment.

A tip to remember is to make sure you’re comparing similar deductibles and liability limits on each quote and and to analyze as many companies as feasibly possible. Doing this enables the most accurate price comparison and the best price selection.

It’s a fact that auto insurance companies don’t want you quoting rates from other companies. Consumers who shop around for cheaper prices are highly likely to switch to a new company because there is a good chance of finding a lower-cost company. Remarkably, a study showed that people who regularly compared price quotes saved an average of $3,400 over four years compared to other drivers who never shopped around for cheaper prices.

If finding the most affordable auto insurance in Chula Vista is why you’re here, then learning about how to find and compare insurance can help simplify the task of finding more affordable coverage.

Do you qualify for discounts?

Some insurers don’t necessarily list their entire list of discounts very well, so the below list has a few of the more well known and the harder-to-find credits that may apply to you.

• Military Rewards – Having a family member in the military may qualify for rate reductions.
• Driver Safety – Passing a safe driver course could cut 5% off your bill and also improve your driving technique.
• Multiple Cars – Buying a policy with multiple cars or trucks with the same auto insurance company can reduce rates for all insured vehicles.
• Theft Deterrent System – Cars optioned with advanced anti-theft systems are stolen less frequently and that can save you a little bit as well.
• Discount for Home Ownership – Owning a house in Chula Vista may earn you a small savings since home ownership is proof of financial responsibility.
• Multiple Policy Discount – If you combine your home and auto policies with the same insurance company you will save approximately 10% to 15%.
• Early Signing – Some larger companies provide a discount for renewing your policy prior to your current IS 350 insurance policy expiring. It can save you around 10%.

Don’t be shocked that some of the credits will not apply to all coverage premiums. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like you can get free auto insurance, that’s just not realistic.

The chart below visualizes the comparison of Lexus IS 350 insurance costs with and without discounts. The data assumes a male driver, no violations or accidents, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, safe-driver, multi-car, and homeowner discounts applied.

A list of companies and the discounts they provide are:

• Farmers Insurance may have discounts that include business and professional, multi-car, bundle discounts, teen driver, alternative fuel, pay in full, and homeowner.
• Esurance offers premium reductions for emergency road assistance, online quote, defensive driver, anti-theft, and paid-in-full.
• State Farm may include discounts for safe vehicle, student away at school, Drive Safe & Save, multiple autos, multiple policy, driver’s education, and passive restraint.
• GEICO offers discounts for defensive driver, military active duty, membership and employees, seat belt use, driver training, good student, and federal employee.
• Allstate offers discounts including anti-theft, early signing, anti-lock brakes, FullPay discount, and new car.

When comparing rates, check with every prospective company how many discounts you can get. Some discounts listed above might not be available to policyholders in Chula Vista.

To find low cost prices, there are a couple of ways to get quotes from different companies. The easiest way to find the cheapest insurance rates consists of shopping online.

Getting free quotes online is quite simple, and it makes it obsolete to actually drive to different Chula Vista agent offices. Quoting and buying Lexus IS 350 insurance online can eliminate the need for a local agent unless you’re the type of person who wants the professional abilities that only an agent can give. Some companies do allow you to price shop online and still use a local agent. When quoting insurance, remember that comparing more quotes gives you a better chance of getting the best price.

The following companies can provide comparison quotes in Chula Vista, CA. To get the best auto insurance in Chula Vista, we suggest you get price quotes from several of them to find the cheapest auto insurance rates.

Lexus IS 350 insurance analysis

The coverage table shown next showcases different rate quotes for Lexus IS 350 models. Knowing how insurance policy premiums are formulated can be useful when making informed decisions when comparing rate quotes.

Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Premium amounts do not factor in specific zip code location which can decrease or increase rates substantially.

Higher deductibles save money

When shopping for car insurance, a common question is where should you set your physical damage deductibles. The following tables can help you understand how much more rates are between high and low policy deductibles. The first rate quote example uses a $100 comprehensive and collision deductible and the second set of rates uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Rate quotes do not factor in your specific Chula Vista location which can affect premiums considerably.

We can estimate from the data above that using a $100 deductible will cost you roughly $57 more each month or $684 a year than choosing the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go at least 16 months between claims, you would come out ahead by going with a higher deductible.

The illustration below shows how choosing a deductible and can change Lexus IS 350 premium costs for different ages of insureds. The data is based on a single male driver, comp and collision included, and no additional discounts are factored in.

How Your IS 350 Insurance Prices are Determined

Lots of things are used when you quote your car insurance policy. Most are fairly basic like a motor vehicle report, but others are more transparent such as your credit history or how financially stable you are. Consumers need to have an understanding of some of the things that help determine the price you pay for car insurance. When consumers understand what positively or negatively impacts your premiums, this enables you to make decisions that may reward you with better car insurance rates.

• Gender as a rate factor – Over time, data shows females are less aggressive when driving. The data does not necessarily mean that women are better drivers. Both sexes cause at-fault accidents at about the same rate, but males have costlier accidents. Men also statistically get higher numbers of serious violations like DUI and reckless driving.

  The chart below illustrates the comparison of Lexus IS 350 auto insurance costs for male and female drivers. The information is based on no claims, a clean driving record, full coverage, $500 deductibles, marital status is single, and no policy discounts are applied.

• Your occupation and car insurance rates – Jobs like fire fighters, executives, and emergency personnel tend to pay higher premiums than the average policyholder in part from stressful work requirements and lots of time spent away from family. Conversely, jobs like farmers, engineers and the unemployed have the lowest average rates.

• Teen drivers pay higher rates – More experienced drivers are more cautious drivers, statistically cause fewer accidents, and tend to be get fewer driving tickets. Beginning drivers are proven to get distracted easily in a vehicle and because of this, their car insurance rates are much higher.

  The following data uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

• What are your comp and collision deductibles? – The deductibles define how much you are required to pay in the event of a claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims are a windshield broken by a bird, fire damage, and having a roll-over accident. The more the insured is willing to pay, the lower your rates will be.

• What type of car do you drive? – The performance of the car or truck you drive makes a big difference in your car insurance bill. Lower performance four cylinder passenger vehicles usually have the lowest premiums, but the final cost of insurance is determined by many other factors.

  The next chart uses these variables: married female driver age 20, full coverage with $250 deductibles, and no discounts or violations. The data compares Lexus IS 350 insurance premiums compared to other makes and models that have a range of risk factors.

• Prices increase with policy add-ons – There are a lot of optional add-on coverages that may not really be needed if you don’t pay attention. Add-on coverages like rental car coverage, towing, and extra life insurance coverage are probably not needed. These may sound like a good investment when deciding what coverages you need, but if you have no use for them remove them and pocket the money.

• Lexus IS 350 insurance loss data – Auto insurance companies analyze claim trends for every vehicle to calculate a price that will offset losses. Vehicles that historically have higher frequency or amount of claims will cost more for specific coverages.

  The table below outlines the loss history for Lexus IS 350 vehicles. For each policy coverage, the claim probability for all vehicles, as an average, is represented as 100. Numbers shown that are under 100 suggest a positive loss record, while numbers shown that are more than 100 point to more claims or statistically larger losses.

  
  

  Lexus IS 350 Insurance Claim Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Lexus IS 350 4dr 2WD	165	88	186	101
  Lexus IS 350 4dr 4WD	200	72	206
  Lexus IS 350 Convertible	98

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Local neighborhood Chula Vista car insurance agents

Some people still prefer to sit down with an agent and that is just fine! One of the benefits of comparing insurance prices online is you may find better rates and also buy local.

After completing this form (opens in new window), your insurance data is emailed to participating agents in Chula Vista who can give free rate quotes for your business. You don’t have to leave your computer because prices are sent immediately to you. You’ll get the best rates and an insurance agent to talk to. If you have a need to quote rates from a particular provider, feel free to go to their quote page and give them your coverage information.

Deciding on an company requires you to look at more than just the quoted price. The questions below may impact your decision as well.

• Can you choose the body shop in case repairs are needed?
• Do they write coverage based solely on cost?
• How is replacement cost determined on your vehicle?
• What is the agency’s Better Business Bureau rating?
• Do they prorate repair cost based on vehicle mileage?
• How much can you save by raising your physical damage deductibles?
• Are you getting all the discounts the company offers?
• What company holds the largest book of business for them?

Listed below are agents in Chula Vista that can give you comparison quotes for Lexus IS 350 insurance in Chula Vista.

View more agents

After talking to the agent and getting positive feedback to these questions as well as offering an affordable quote, you have narrowed it down to an insurer that can service your policy.

Car insurance does more than just repair your car

Despite the high cost, paying for car insurance is most likely required but also gives you several important benefits.

• Just about all states have mandatory insurance requirements which means you are required to buy a specific minimum amount of liability in order to drive the car. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you took out a loan on your vehicle, almost every bank will make it a condition of the loan that you have full coverage to ensure they get paid if you total the vehicle. If the policy lapses, the lender will be forced to insure your Lexus for a lot more money and force you to pay for it.
• Car insurance protects not only your vehicle but also your assets. It will also cover most medical and hospital costs for not only you but also any passengers injured in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of having insurance definitely exceed the cost, especially with large liability claims. The average driver in America is overpaying more than $750 every year so compare rates at every renewal to make sure the price is not too high.

Compare but don’t skimp

Some auto insurance companies may not offer the ability to get quotes online and usually these small insurance companies work with independent insurance agents. Lower-priced auto insurance in Chula Vista is possible online in addition to local insurance agencies, and you should compare price quotes from both to have the best selection.

When shopping online for auto insurance, make sure you don’t buy poor coverage just to save money. There are a lot of situations where drivers have reduced uninsured motorist or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. Your goal should be to get the best coverage possible at a price you can afford, but do not skimp to save money.

Other articles

• What is Gap Insurance? (Insurance Information Institute)
• Who Has Cheap Auto Insurance Quotes for Active Military in Chula Vista? (FAQ)
• Who Has the Cheapest Auto Insurance for Seniors in Chula Vista? (FAQ)
• Who Has the Cheapest Auto Insurance Rates for Postal Workers in Chula Vista? (FAQ)
• Rollover Crash FAQ (iihs.org)
• Help Your Teen Be a Better Driver (State Farm)
• State Laws for Cellphones and Texting (iihs.org)
• Car Insurance FAQ (Trusted Choice)