Cheapest 2013 Lexus ES 350 Insurance Rates in 2024

Are you a victim of an overpriced insurance policy? Trust us, you are not the only one feeling buyer’s remorse.

You have so many insurers to buy insurance from, and although it’s nice to have a selection, having more insurance companies makes it harder to find a good deal.

It’s a good idea to check insurance prices at least once a year because insurance rates go up and down regularly. Just because you had the best rates on ES 350 insurance a few years ago you will most likely find a better rate today. Forget all the misinformation about insurance because you’re about to learn the tricks you need to know to buy cheaper insurance.

This article will tell you how car insurance quotes work. If you currently have car insurance, you stand a good chance to be able to reduce your rates substantially using this strategy. Nevertheless, drivers can benefit by having an understanding of how insurance companies market insurance on the web and use this information to your advantage.

Factors that can influence Lexus ES 350 insurance rates

Smart consumers have a good feel for some of the elements that go into determining your car insurance rates. When you know what positively or negatively impacts premium levels allows you to make educated decisions that will entitle you to big savings.

Listed below are some of the factors companies use to determine prices.

• Your car insurance rates can be influenced by your job – Did you know your occupation can influence how much you pay for car insurance? Occupations like real estate brokers, business owners and dentists tend to have the highest average rates because of stressful work requirements and lengthy work days. Other jobs such as actors, historians and performers receive lower rates on ES 350 insurance.
• Mature drivers pay less – Teenage drivers tend to be more careless behind the wheel so car insurance rates are higher. Having to add a teen driver onto your car insurance can really hurt. Older drivers are viewed as being more responsible, tend to cause fewer accidents and are safer drivers.
• Do you have enough liability coverage? – Liability coverage is the protection if ever a jury decides you are liable for damages from an accident. It provides for a legal defense up to the limits shown on your policy. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
• Car features impact rates – Driving a car that has an advanced theft prevention system can save you a little every year. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder car theft.
• Never allow your policy to lapse – Having an insurance coverage lapse is a sure-fire way to increase your car insurance rates. Not only will rates go up, failure to provide proof of insurance can result in a license revocation or jail time. Then you may be required to file a SR-22 with your state motor vehicle department to get your license reinstated.
• Do you need those extra coverages? – There are a lot of extra bells and whistles you can purchase when buying car insurance. Coverages for rental car reimbursement, better glass coverage and membership fees are examples of these. These may sound like a good investment at first, but your needs may have changed so eliminate them to save money.
• Increase deductibles and save – Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your Lexus. Examples of covered claims could be running into the backend of another car, vandalism, and rolling your vehicle. The deductibles are how much you are required to spend before your car insurance pays a claim. The higher the amount you’re willing to pay, the lower your rates will be on ES 350 insurance.
• Poor driving leads to higher costs – Only having one moving violation can boost insurance rates twenty percent or more. Careful drivers receive lower rates than bad drivers. Drivers with serious tickets like reckless driving, hit and run or driving under the influence are required to submit a SR-22 form with the DMV in their state in order to continue driving.

Discounts can save BIG

Properly insuring your vehicles can get expensive, buy you may qualify for discounts that many people don’t even know exist. Most are applied when you quote, but lesser-known reductions have to be asked about before being credited.

• Multiple Policy Discount – If you have multiple policies with the same company you may save at least 10% off all policies.
• Federal Employees – Simply working for the federal government could cut as much as 10% off on ES 350 insurance with a few insurance companies.
• Sign Early and Save – Select companies give a discount for signing up before your current expiration date. It can save you around 10%.
• College Student – Children living away from home attending college and don’t have a car can receive lower rates.
• More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy qualifies for this discount.
• Senior Citizens – Older drivers may be able to get reduced rates on ES 350 insurance.
• Theft Prevention Discount – Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.

Consumers should know that most discounts do not apply to the overall cost of the policy. Most only apply to specific coverage prices like comp or med pay. So despite the fact that it appears you can get free auto insurance, companies don’t profit that way. Any qualifying discounts will bring down the amount you have to pay.

For a list of insurance companies with the best insurance discounts, click here to view.

Beware of misleading insurance coverage ads

Insurance coverage companies such as 21st Century, Allstate and State Farm regularly use television and radio advertisements. They all seem to say the same thing about savings if you move your policy. How can each company say the same thing? This is how they do it.

Different companies can use profiling for the type of driver they prefer to insure. An example of a preferred risk might be profiled as over the age of 40, a clean driving record, and has a short commute. A customer who meets those qualifications will qualify for the lowest rates and is almost guaranteed to save when they switch companies.

Consumers who don’t measure up to this ideal profile will be quoted more money which usually ends up with business going elsewhere. The ads say “people who switch” but not “drivers who get quotes” save money. That is how companies can truthfully state the savings.

This emphasizes why you should get as many comparisons as possible. It’s not possible to predict which company will fit your personal profile best.

Will just any policy work for me?

When buying the right insurance coverage, there really is no best way to insure your cars. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions may help highlight if your situation would benefit from professional advice.

• Am I covered when driving a rental car?
• Is my teen driver covered when they drive my company car?
• Am I better off with higher deductibles on my 2013 Lexus ES 350?
• Will filing a claim cost me more?
• When would I need additional glass coverage?
• How do I insure my teen driver?
• Am I covered when pulling a rental trailer?
• How high should my uninsured/underinsured coverage be in my state?
• Do I have coverage if my license is suspended?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier

Auto insurance coverage information

Having a good grasp of a car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. These are typical coverage types offered by car insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Normally these coverages are identical to your policy’s liability coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP reimburse you for expenses like rehabilitation expenses, chiropractic care, pain medications and ambulance fees. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like crashing into a ditch, sustaining damage from a pot hole, backing into a parked car, rolling your car and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also raise the deductible to bring the cost down.

Comprehensive auto coverage – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as vandalism, theft and falling objects. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability car insurance – Liability coverage will cover damages or injuries you inflict on other’s property or people. It protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as legal defense fees, medical services and attorney fees. The amount of liability coverage you purchase is your choice, but consider buying as high a limit as you can afford.

Buy online or local, you save

We’ve covered quite a bit of information on how to shop for 2013 Lexus ES 350 insurance online. The most important thing to understand is the more price quotes you have, the better likelihood of reducing your rate. Drivers may discover the lowest rates come from a small local company. Some small companies may often insure only within specific states and give getter rates compared to the large companies like Allstate, GEICO and Progressive.

When shopping online for auto insurance, make sure you don’t reduce coverage to reduce premium. There are many occasions where consumers will sacrifice comprehensive coverage or liability limits and found out when filing a claim they didn’t purchase enough coverage. The ultimate goal is to buy enough coverage at an affordable rate.

Lower-priced insurance is attainable from both online companies and also from your neighborhood agents, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who may not provide online quoting and most of the time these small insurance companies sell through independent agents.

More tips and info about auto insurance can be found in the articles below:

• Distracted Driving Extends Beyond Texting (State Farm)
• Driving in Bad Weather (Insurance Information Institute)
• Distracted Driving Statistics (Insurance Information Institute)
• Credit Impacts Car Insurance Rates (State Farm)
• Vehicle Size and Weight FAQ (iihs.org)
• Crash Avoidance Technologies FAQ (iihs.org)