Save Money on Lexus ES 350 Insurance in Atlanta

Insurance quote for Lexus ES 350 in AtlantaHow many times have you said it’s time to compare cheaper Lexus ES 350 insurance in Atlanta? Locating the cheapest insurance for a Lexus ES 350 in Georgia could be difficult, but you can follow the following methods and make it easy. There is a right way and a wrong way to compare insurance rates so you’re going to learn the best way to price shop coverage on a Lexus and get the lowest possible price.

If you have coverage now or need a new policy, use these cost-cutting techniques to get lower rates and possibly find even better coverage. Shopping around for affordable insurance policy in Atlanta is not as time-consuming as you think. Smart buyers just have to learn the best way to get comparison rates from multiple carriers.

Cheapest Lexus insurance price quotes in Atlanta

The car insurance companies shown below are ready to provide free quotes in Georgia. If multiple providers are shown, we suggest you get price quotes from several of them to get a more complete price comparison.

Lexus ES 350 Insurance Rates in Atlanta, GA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
ES 350 $262 $538 $452 $26 $136 $1,414 $118
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Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Prices do not factor in vehicle garaging location which can modify price quotes considerably.

Higher deductibles lower rates

A question often asked by Atlanta drivers is how high should the deductibles for physical damage be. The premium rates below illustrate the difference in cost between low and high comp and collision deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second pricing table uses a $500 deductible.

Lexus ES 350 insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
ES 350 $382 $694 $334 $20 $100 $1,555 $130
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Lexus ES 350 insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
ES 350 $310 $560 $334 $20 $100 $1,324 $110
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Georgia minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Premium costs do not factor in vehicle garaging location which can modify coverage rates substantially.

Based on these figures, using a $250 deductible will cost in the ballpark of $20 more each month or $240 every year than requesting the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you go at a minimum 13 months between claims, you would save money by selecting a higher deductible.

Liability only or full coverage

The illustration below examines Lexus ES 350 insurance rates when comparing full coverage to state minimum liability only. The information is based on no accidents, no driving violations, $500 deductibles, single female driver, and no discounts are applied.

Guidelines for eliminating full coverage

There is no written rule to stop paying for physical damage coverage, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s pretend your Lexus ES 350 settlement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $8,000 after paying the physical damage deductible. If you are paying in excess of $800 a year for your policy with full coverage, then you might consider buying liability only.

There are some conditions where dropping physical damage coverage is not financially feasible. If you still owe a portion of the original loan, you have to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not eliminate full coverage.

Choosing deductibles

The example below demonstrates how choosing different deductibles and can affect Lexus ES 350 insurance rates for different age groups of insureds. The rate quotes are based on a single male driver, full coverage, and no discounts are applied to the premium.

Get Lexus ES 350 Insurance at a Discount

A large part of saving on auto insurance is knowing some of the factors that are used to determine your premiums. If you understand what controls the rates you pay, this enables you to make decisions that can help you get lower premium levels.

Getting married can save on auto insurance – Getting married may earn you lower rates on your auto insurance bill. Having a spouse may mean you are less irresponsible and insurance companies like that married drivers tend to file fewer claims.

Know your vehicle’s NHTSA crash test rating – Safer cars are cheaper to insure. Vehicles built for safety reduce the chance of injuries and fewer injuries means lower claim amounts and thus lower rates.

The type of car makes a difference – The make and model of the vehicle you need insurance for makes a substantial difference in how high your rates are. The lowest rates will normally be found when insuring low performance passenger models, but the final cost of insurance is determined by many other factors. Since the Lexus ES 350 is classified as a luxury sedan, insuring your vehicle will cost more than the average rate where you live in Atlanta.

When should you not file a policy claims? – If you tend to file frequent claims, you can look forward to either policy cancellation or increased premiums. Auto insurance companies in Georgia provide the best rates to policyholders that do not abuse their auto insurance. Auto insurance is intended to be relied upon for claims that pose a financial burden.

Companies want multiple policies – Lots of insurance companies apply discounts to people who consolidate policies with them, otherwise known as a multi-policy discount. Even if you qualify for this discount already, it’s in your best interest to comparison shop to guarantee you are still saving the most. You may still save even more than the discount by insuring with multiple companies.

Premiums are high for teenagers – Young drivers in Georgia are statistically proven to get distracted easily when behind the wheel so auto insurance rates are higher. Parents adding a beginning driver onto your auto insurance can be very expensive. Older people are more responsible, are lower risk to insure, and are safer drivers.

Lower coverage deductibles cost more – Physical damage deductibles tell how much you are required to pay if a claim is determined to be covered. Physical damage coverage, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some examples of claims that would be covered are rearending another vehicle, fire damage, and having a roll-over accident. The more expense the insured has to pay upfront, the better rate you will receive.

Loss probability for a Lexus ES 350 – Companies use statistical claims data when they file their rates in each state. Models that the data determines to have a higher amount or frequency of claims will be charged more to insure. The table below demonstrates the collected loss data for Lexus ES 350 vehicles.

For each coverage type, the loss probability for all vehicles, as a total average, is set at 100. Numbers under 100 represent a good loss history, while values over 100 point to more frequent losses or tendency to have higher losses.

Lexus ES 350 Insurance Claim Statistics

Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Lexus ES 350 4dr 126 79 160 91 100 78

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Insurance quotes and discounts

Auto insurance companies don’t always list all available discounts in a way that’s easy to find, so we took the time to find both well-publicized in addition to some of the lesser obvious savings tricks you should be using when you buy Atlanta car insurance online.Save money with discounts

Discounts save money, but please remember that most of the big mark downs will not be given to all coverage premiums. Most only apply to individual premiums such as medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, you aren’t that lucky.

For a list of insurance companies who offer free Lexus ES 350 insurance quotes in Georgia, follow this link.

When should I talk to an insurance agent?

Some people still like to talk to an insurance agent and that is recommended in a lot of cases Licensed agents can help you build your policy and give you someone to call. An additional benefit of comparing insurance prices online is that you can obtain the lowest rates and still buy from a local agent.

Atlanta insurance agentsTo make it easy to find an agent, after completing this quick form, your insurance data gets sent to local insurance agents in Atlanta who will give you quotes and help you find cheaper coverage. It’s much easier because you don’t need to contact an agency because quoted prices will be sent instantly to you. If you want to compare prices from a particular provider, you just need to jump over to their website and complete a quote there.

Finding the right company shouldn’t rely on just a cheap quote. The questions below may impact your decision as well.

If you want a reliable insurance agent, you need to know there are two types of agencies from which to choose. Atlanta agents can be classified as either independent or exclusive. Either one can insure your vehicles properly, but it is a good idea to know why they differ because it can impact which type of agent you select.

Exclusive Agents

Exclusive insurance agents are contracted to one company and some examples include Allstate, Farmers Insurance, State Farm, and AAA. They generally cannot compare rates from other companies so if the price isn’t competitive there isn’t much they can do. They are well trained on sales techniques and that enables them to sell even at higher rates. Consumers often buy from exclusive agents mainly due to the brand legacy and solid financial strength.

Below are exclusive insurance agencies in Atlanta willing to provide comparison quotes.

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Independent Agents

Agents that choose to be independent do not work for one specific company so they can insure your vehicles through many different auto insurance companies depending on which coverage is best. If your premiums go up, they simply move your policy to a different company which requires no work on your part. When searching for an agent, it’s a good idea to get several quotes from a couple of independent agencies so that you have a good selection of quotes to compare. Most also have access to different regional companies which can save you money.

Listed below are Atlanta independent agencies willing to provide price quote information.

More insurance agents

Upon receiving reasonable responses to all your questions as well as a price you’re happy with, chances are good that you have found an insurance agency that can be trusted to provide auto insurance coverage. Keep in mind you are able to cancel your coverage whenever you choose to so don’t think that you are permanently stuck with any specific agency for the full policy term.

Cheaper insurance premiums are out there

People switch companies for a variety of reasons including unfair underwriting practices, questionable increases in premium, being labeled a high risk driver or extreme rates for teen drivers. It doesn’t matter what your reason, finding a new insurance company can be easier than you think.

When you buy Atlanta car insurance online, it’s not a good idea to sacrifice coverage to reduce premiums. Too many times, an accident victim reduced physical damage coverage only to find out that it was a big error on their part. Your strategy should be to purchase plenty of coverage at the best price while still protecting your assets.

Some insurance companies do not offer the ability to get a quote online and these smaller providers only sell through local independent agencies. Cheap Lexus ES 350 insurance in Atlanta can be found online and with local Atlanta insurance agents, so you should compare both in order to have the best price selection to choose from.

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