Compare Lexus GS 350 Insurance Rate Quotes in Los Angeles

No car owner likes paying for auto insurance, in particular when the cost is way too high.

Sadly, a large majority of drivers kept their coverage with the same auto insurance company for four years or more, and almost 40% of drivers have never even compared rates from other companies. Los Angeles drivers can save roughly $470 each year, but most undervalue how much savings they would realize if they replace their high priced policy.

Because you have many options for buying affordable insurance for a Lexus GS 350 in Los Angeles, it can be challenging to locate the lowest price auto insurance company.

You should make it a habit to compare premium rates before your policy renews because insurance prices are adjusted regularly by insurance companies. Even if you got the lowest rate on Lexus GS 350 insurance in Los Angeles on your last policy a different company probably has better premium rates today. Ignore everything you know about auto insurance because we’re going to demonstrate one of the best ways to eliminate unnecessary coverages and save money on Lexus GS 350 insurance in Los Angeles.

Locating the best rates in Los Angeles is not that difficult. Nearly every driver who comparison shops for auto insurance will more than likely be able to find better rates. But California drivers need to learn the way companies market on the web because rates are impacted by many factors.

It’s important to know that comparing a large number of companies will increase your chances of finding the best price. Some insurance companies are not set up to provide online price quotes, so it’s important to compare prices on coverage from those companies, too.

The following companies have been selected to offer comparison quotes in California. If multiple companies are listed, we suggest you visit two to three different companies in order to find the cheapest rates.

Los Angeles insurance discounts for a Lexus GS 350

Companies offering auto insurance do not list all available discounts very clearly, so the following is a list of some of the more common and the more hidden credits that may apply to you.

• Safety Course Discount – Taking part in a class that teaches defensive driving techniques is a good idea and can lower rates and easily pay for the cost of the class.
• Anti-lock Brake Discount – Vehicles that have steering control and anti-lock brakes can stop better under adverse conditions so you can save 10 percent or more.
• Smart Student Discounts – Performing well in school can get you a discount of up to 25%. You can use this discount normally well after school through age 25.
• Club Memberships – Affiliation with a civic or occupational organization in Los Angeles can get you a small discount when shopping for auto insurance.
• Air Bags and Passive Restraints – Factory air bags can receive discounts of 20% or more.
• Accident Free – Good drivers with no accidents can earn big discounts in comparison to drivers with a long claim history.
• New Car Discount – Buying a new car instead of a used GS 350 is cheaper because newer vehicles are generally safer.
• Active Military Service – Having a deployed family member may lower your rates slightly.

Just know that many deductions do not apply to your bottom line cost. Most only reduce individual premiums such as collision or personal injury protection. Just because you may think it’s possible to get free car insurance, nobody gets a free ride.

The chart below shows the comparison of Lexus GS 350 insurance costs with and without discounts being applied to the rates. The premiums are based on a male driver, no claims or driving violations, 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 marriage, safe-driver, homeowner, multi-policy, multi-car, and claim-free discounts applied.

A list of companies and some of their more popular discounts are detailed below.

• American Family has savings for air bags, mySafetyValet, TimeAway discount, accident-free, and early bird.
• Nationwide offers discounts including defensive driving, accident-free, good student, family plan, business or organization, Farm Bureau membership, and multi-policy.
• MetLife offers premium reductions for good driver, claim-free, good student, multi-policy, defensive driver, and accident-free.
• 21st Century has discounts for driver training, defensive driver, automatic seat belts, 55 and older, homeowners, air bags, and theft prevention.
• Farmers Insurance discounts include good student, pay in full, teen driver, switch companies, and electronic funds transfer.
• Allstate includes discounts for anti-lock brakes, resident student, economy car, eSmart discount, and FullPay discount.

Before you buy a policy, ask every insurance company how you can save money. Some credits may not apply in Los Angeles. For a list of companies who offer auto insurance discounts in Los Angeles, click this link.

Lexus GS 350 insurance statistics and information

The premium table below covers detailed analysis of policy rates for Lexus GS 350 models. Learning a little about how auto insurance premiums are determined is important for you to make informed decisions when shopping around for a new policy.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Information does not factor in specific zip code location which can change auto insurance rates significantly.

Deductible comparison

One common question asked by Los Angeles drivers is which deductible level should you buy. The comparisons below help summarize the differences in premium rates between low and high policy deductibles. The first rate comparisons uses a $100 comprehensive and collision deductible and the second rate chart uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Estimates do not factor in specific Los Angeles garaging location which can decrease or increase auto insurance rates significantly.

Based on this data, using a $100 deductible costs approximately $40 more each month or $480 each year than selecting the higher $500 deductible. Due to the fact that you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you average at least 10 months between claims, you would come out ahead if you opt for a higher deductible.

The illustration below demonstrates how choosing different deductibles and can affect Lexus GS 350 insurance costs for different insured age categories. The price estimates are based on a married male driver, full physical damage coverage, and no discounts are factored in.

Insurance is available from local insurance agents

Many people still prefer to sit down and talk to an agent and that is a smart decision A good thing about comparing insurance online is that you can obtain better rates and still buy from a local agent.

Upon completion of this short form, the coverage information is emailed to local insurance agents in Los Angeles that give free quotes for your business. It simplifies rate comparisons since you won’t have to contact an agency since price quotes are sent instantly to you. You can most likely find cheaper rates and an insurance agent to talk to. If for some reason you want to get a comparison quote from a specific insurance company, feel free to find their quoting web page and fill out the quote form the provide.

Finding the right company requires more thought than just a cheap price. Any agent in Los Angeles should have no problem answering these questions:

• Does the agency provide any after hours assistance?
• Can you contact them at any time?
• Are claims handled at the agent’s location?
• Can they provide you with a list of referrals?
• Where would glass claims be handled in Los Angeles?
• Which company do they place the most coverage with?
• Are they properly licensed to sell insurance in California?
• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?

What types of car insurance agents are in Los Angeles?

If you want to buy insurance from a reliable agent, there are a couple of different agency structures and how they can service your needs differently. Insurance agents in Los Angeles are categorized either independent or exclusive.

Exclusive Insurance Agencies

These type of agents can only quote rates from one company such as American Family, State Farm, and Allstate. Exclusive agents are unable to shop your coverage around so keep that in mind. Exclusive agencies are well schooled on their products and sales techniques which helps them sell on service rather than price.

Shown below are exclusive agents in Los Angeles who may provide you with comparison quotes.

View more Los Angeles agents

Independent Insurance Agents

Independent insurance agents can sell policies from many different companies so as a result can place your coverage with a variety of different insurance companies and find the cheapest insurance rates. If you want to switch companies, they can switch companies in-house and you don’t have to find a new agent.

If you are trying to find cheaper rates, you definitely need to contact a couple of independent agencies so that you can do a thorough price comparison.

Shown below are Los Angeles independent insurance agents that can give you rate quotes.

View more Los Angeles agents

How Your GS 350 Insurance Rates are Determined

Lots of factors are used when you get a price on insurance. Some of the criteria are obvious like a motor vehicle report, although some other factors are less obvious like your vehicle usage or your vehicle rating. It’s important that you understand a few of the rating criteria that play a part in calculating your premiums. When you understand what controls the rates you pay, this allows you to make good choices that could result in lower premium levels.

Shown below are some of the major factors utilized by car insurance companies to help set rates.

Where you live is a factor – Being located in a rural area is a good thing when buying car insurance. Drivers who live in large cities have more traffic problems and higher rates of accident claims. Less people means fewer accidents and lower theft and vandalism rates.

Careless drivers pay higher costs – Having a clean driving record has a big impact on rates. Having just one driving citation can boost insurance rates twenty percent or more. Good drivers tend to pay less for car insurance as compared to careless drivers. Drivers who get dangerous citations such as DUI or willful reckless driving may need to complete a SR-22 with their state DMV in order to keep their license.

The example below shows how speeding tickets and at-fault fender-benders impact Lexus GS 350 car insurance costs for different age categories. The information is based on a single male driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.

Car insurance lapses lead to higher car insurance rates – Letting your insurance expire is a fast way to increase your renewal premiums. And not only will insurance be more expensive, the inability to provide proof of insurance can result in a license revocation or jail time.

Cheaper rates by combining – Most larger insurance companies will give discounts to clients that have more than one policy, otherwise known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even if you qualify for this discount already, drivers will still want to compare Lexus GS 350 rates in Los Angeles to ensure the best deal. It’s possible to still save even more than the discount by buying car insurance from a different company.

Lexus GS 350 insurance loss probability – Insurers use historical loss data to help calculate premium prices. Models that statistically have a higher amount or frequency of claims will have a higher cost to insure. The table below demonstrates the historical insurance loss data for Lexus GS 350 vehicles.

For each insurance policy coverage type, the claim amount for all vehicles, without regard to make or model, is a value of 100. Values that are 100 or less indicate a favorable loss history, while numbers that are greater than 100 indicate higher probability of having a loss or statistically larger losses.

Why you need quality insurance for your Lexus GS 350

Despite the potentially high cost of Lexus GS 350 insurance, auto insurance may be required and benefits you in several ways.

• Almost all states have minimum mandated liability insurance limits which means you are required to buy specific minimum amounts of liability coverage in order to get the vehicle licensed. 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 have a loan on your vehicle, it’s guaranteed your bank will force you to carry insurance to ensure loan repayment if the vehicle is totaled. If the policy lapses, the lender will be forced to insure your Lexus at a more expensive rate and make you pay for the expensive policy.
• Insurance protects your vehicle and your assets. It will also reimburse you for medical bills for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney if you are sued as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive coverages will pay to repair the damage.

The benefits of buying enough insurance greatly outweigh the cost, particularly for liability claims. An average driver in America is currently overpaying as much as $855 a year so you should quote your policy with other companies at every renewal to help ensure money is not being wasted.

What is YOUR best insurance company?

You just read many ideas to get a better price on Lexus GS 350 insurance in Los Angeles. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding inexpensive Los Angeles car insurance quotes. You may even discover the lowest prices come from some of the smallest insurance companies. They often have lower rates on specific markets than their larger competitors like Allstate and Progressive.

When shopping online for auto insurance, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are many occasions where an insured dropped liability coverage limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy a smart amount of coverage for the lowest cost, but do not skimp to save money.

More affordable auto insurance in Los Angeles can be sourced online in addition to many Los Angeles insurance agents, and you need to comparison shop both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get a quote online and most of the time these small insurance companies only sell coverage through independent agents.

More tips and info about auto insurance is available by following these links:

• Get the Right Protection (InsureUonline.org)
• Who Has the Cheapest Auto Insurance for Drivers Over Age 50 in Los Angeles? (FAQ)
• Who Has the Cheapest Auto Insurance Quotes for First-time Drivers in Los Angeles? (FAQ)
• What Auto Insurance is Cheapest for Safe Drivers in Los Angeles? (FAQ)
• Anti-Lock Brake FAQ (iihs.org)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)