How to Reduce Your Lexus RX 350 Car Insurance Rates

Having to pay for expensive Lexus RX 350 insurance can take a big chunk out of your bank account and put a big crunch on your finances. Comparing rate quotes is recommended to slash your bill and have more diposable income.

Big companies like State Farm, GEICO and Farmers Insurance continually hit you with TV and radio ads and it can be hard to ignore the flying pigs and cute green geckos and find the best price available.

Performing a rate comparison can be a lot of work if you don’t utilize the easiest way. You could waste a few hours talking to insurance companies in your area, or you could save time and use the web to get prices fast.

Most major companies enroll in a system where insurance shoppers complete one form, and each company then returns a price quote. This saves time by eliminating form submissions to each company.

To participate in this free quote system, click here to start a free quote.

One minor caviat to comparing rates this way is you cannot specify which carriers to get quotes from. So if you want to choose specific providers to compare, we have a page of low cost car insurance companies in your area. Click to view list.

The method you choose is up to you, but try to use the same quote data with every price quote. If your comparisons have different coverage information it will be impossible to determine which company has the best rates.

The Lexus RX 350 Insurance Price Equation

Many things are considered when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, although others are not as apparent such as your credit history or your vehicle rating. Consumers need to have an understanding of some of the things that go into determining your car insurance rates. If you have some idea of what controls the rates you pay, this enables informed choices that can help you get cheaper rates.

• Never go without car insurance – Not maintaining insurance is not a good idea and your next policy will cost more because you let your insurance lapse. Not only will rates go up, failure to provide proof of insurance will get you a fine, jail time, or a revoked license. You may then have to file a SR-22 with your state motor vehicle department to get your license reinstated.
• Alarms and GPS tracking lower prices – Purchasing a vehicle with an alarm system can get you a discount on your car insurance. Anti-theft devices like vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart vehicle theft.
• Older drivers pay less – Beginning drivers tend to be inattentive and easily distracted in a vehicle so car insurance rates are higher. More experienced drivers are more cautious drivers, statistically cause fewer accidents and receive fewer citations.
• Get hitched and get better costs – Being married may earn you lower rates when buying car insurance. Having a spouse means you’re more mature than a single person and insurance companies reward insureds because married drivers get in fewer accidents.
• Urban areas may pay more – Having an address in less populated areas of the country can be a good thing when shopping for auto insurance. Fewer people means less chance of accidents in addition to fewer liability claims. Drivers who live in large cities tend to have more auto accidents and a longer drive to work. More time on the road means more chances of being involved in an auto accident.

Lower rates by qualifying for discounts

Companies that sell car insurance don’t list every available discount in a way that’s easy to find, so the following list contains some of the best known as well as some of the hidden credits that may apply to you.

• Pay Early and Save – If you pay your entire premium ahead of time rather than paying in monthly installments you could save 5% or more.
• Braking Control Discount – Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
• Homeowners Savings – Just being a homeowner can save you money since home ownership demonstrates responsibility.
• Senior Citizen Discount – If you’re over the age of 55, you can get better car insurance rates on RX 350 insurance.
• Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems can get savings of 25 to 30%.

It’s important to note that some credits don’t apply to the entire policy premium. Most only apply to individual premiums such as collision or personal injury protection. Even though it appears you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

Companies and a selection of discounts are shown below.

• Progressive policyholders can earn discounts including good student, online signing, online quote discount, continuous coverage, and multi-vehicle.
• The Hartford includes discounts for defensive driver, anti-theft, good student, vehicle fuel type, air bag, bundle, and driver training.
• Mercury Insurance discounts include location of vehicle, type of vehicle, annual mileage, low natural disaster claims, multi-policy, ease of repair, and age of vehicle.
• GEICO has savings for anti-theft, daytime running lights, federal employee, anti-lock brakes, defensive driver, multi-policy, and five-year accident-free.
• AAA offers discounts for good student, pay-in-full, AAA membership discount, good driver, anti-theft, and multi-car.
• State Farm may have discounts that include Drive Safe & Save, defensive driving training, good student, accident-free, and safe vehicle.

If you want , ask each company or agent to give you their best rates. Savings might not be available to policyholders in your state. For a list of insurers who offer car insurance discounts, follow this link.

Tailor your car insurance coverage to you

When choosing the right insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s needs are different and a cookie cutter policy won’t apply. For example, these questions might help in determining whether or not you could use an agent’s help.

• When would I need rental car insurance?
• Am I covered when delivering products for my home-based business?
• Why does it cost so much to insure a teen driver?
• Is my nanny covered when driving my vehicle?
• What is high-risk coverage and where do I buy it?
• Can I afford to buy a different vehicle if my Lexus RX 350 is totaled?

If you can’t answer these questions then you might want to talk to an agent. If you don’t have a local agent, complete this form or click here for a list of car insurance companies in your area. It’s fast, free and may give you better protection.

Get rate quotes but buy from a local insurance agency

Many people would prefer to go talk to an agent and doing that can be a smart decision Most agents can help you choose the best coverages and will help you if you have claims. An additional benefit of comparing insurance prices online is you can get cheap rate quotes and still have a local agent.

Upon completion of this form (opens in new window), your insurance coverage information is transmitted to companies who will give competitive quotes to get your business. You won’t even need to find an agent since price quotes are sent to your email. If for some reason you want to compare prices from a specific car insurance provider, just find their quoting web page and submit a quote form there.

Picking the best insurance company requires more thought than just a low price. Any agent should be forthright in answering these questions:

• Does the company have a local claim office?
• Is there a Errors and Omissions policy in force?
• How many years have they been established?
• Can you use your own choice of collision repair facility?
• How long have they worked with personal auto insurance coverage?
• Are there any discounts for paying up front?
• What will you get paid if your car is a total loss? How is that amount determined?

To help you see a list of licensed agents near you, please view this list of car insurance agencies in your state.

In the end, you save

We covered some good ideas how you can get a better price on Lexus RX 350 insurance. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. You may be surprised to find that the lowest auto insurance rates are with an unexpected company. These companies may cover specific market segments cheaper than their larger competitors like Allstate or State Farm.

When getting , it’s not a good idea to skimp on critical coverages to save a buck or two. There are too many instances where someone sacrificed liability limits or collision coverage only to find out they didn’t purchase enough coverage. The goal is to purchase plenty of coverage at an affordable rate, but do not sacrifice coverage to save money.