Compare Lexus GS 350 Insurance Quotes in San Diego

Online price comparisons for inexpensive Lexus GS 350 insurance in San Diego may appear to be difficult at first if you have never taken advantage of online quotes. But don’t give up because there is an easy way to compare rates for Lexus GS 350 insurance in San Diego.

It’s shocking but nearly 70% of drivers have stayed with the same insurance company for four years or more, and about 40% of consumers have never quoted auto insurance rates at all. California drivers can save $470 each year by just comparing rate quotes, but most undervalue the big savings they would realize if they moved their coverage to a different company.

Finding the cheapest insurance coverage in San Diego can be easy if you know a few tricks. If you already have coverage, you stand a good chance to be able to get lower rates using the concepts covered in this article. But California consumers must understand how the larger insurance companies charge you for coverage because rates are impacted by many factors.

The fastest way that we advise to compare rates for Lexus GS 350 insurance in San Diego utilizes the fact most of the bigger providers allow for online access to compare rate quotes. To begin a comparison, all you need to do is provide information like if the vehicle is leased, what you do for a living, marital status, and how old drivers are. That information is instantly provided to multiple companies and you will receive price estimates instantly.

If you would like to compare rates now, click here then complete the form.

The companies shown below provide price quotes in San Diego, CA. If more than one company is shown, we suggest you visit two to three different companies in order to get a fair rate comparison.

Above prices assume married female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Rates do not factor in vehicle garaging location which can impact price quotes noticeably.

Lexus GS 350 full coverage rates compared to liability only

The information below shows the difference between Lexus GS 350 insurance rates with full physical damage coverage and with liability coverage only. The information is based on no violations or claims, $500 deductibles, married male driver, and no other discounts are factored in.

When to stop buying physical damage coverage

There is no specific rule to eliminate full coverage, but there is a broad guideline. If the yearly cost of full coverage is 10% or more of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your Lexus GS 350 settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $6,000 after the policy deductible has been paid. If you are currently paying more than $600 a year to have full coverage, then you may want to consider only buying liability coverage.

There are some cases where dropping full coverage is not advised. If you haven’t paid off your loan, you have to keep full coverage to protect the lienholder’s interest. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.

Where to set your deductibles

When buying auto insurance, a common question is which deductibles should you choose. The tables below show the differences in price between high and low policy deductibles. The first rate comparisons uses a $100 deductible for comp and collision and the second rate table uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Estimates do not factor in vehicle garaging location which can impact premium rates greatly.

Based on the data above, we can derive that using a $100 deductible costs roughly $40 more each month or $480 a year than requesting the higher $500 deductible. Due to the fact that you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to go at a minimum 10 months between claim filings, you would most likely save money if you decide on a higher deductible. The table below illustrates an example of how you can perform this determination yourself.

Buying the right Lexus vehicle insurance in California is an important decision

Despite the high cost, paying for insurance is mandatory in California but it also protects more than you think.

• Most states have mandatory liability insurance requirements which means the state requires a minimum amount of liability 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 lien on your GS 350, most banks will require you to have comprehensive coverage to protect their interest in the vehicle. If the policy lapses, the bank may insure your Lexus at a significantly higher premium and require you to pay a much higher amount than you were paying before.
• Insurance protects not only your Lexus but also your financial assets. It will also pay for medical expenses for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if anyone sues you for causing an accident. If your Lexus gets damaged, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.

The benefits of buying insurance more than cancel out the cost, especially with large liability claims. According to a recent study, the average American driver is wasting up to $865 each year so it’s very important to do a rate comparison at least once a year to be sure current rates are still competitive.

What Impacts Lexus GS 350 Insurance Premiums?

Many factors are used in the calculation when quoting car insurance. Some are obvious like an MVR report, although some other factors are not quite as obvious like where you live or your vehicle rating. When buying insurance it’s important to understand the rating factors that help determine your insurance rates. When consumers understand what positively or negatively impacts your premiums, this enables informed choices that may result in big savings.

• Tickets and citations cost more than a fine – Even one chargeable violation may increase your cost to the point where it’s not affordable. Attentive drivers pay less for auto insurance compared to drivers with tickets. Drivers who have received license-revoking citations like reckless driving, hit and run or driving under the influence may be required to file a proof of financial responsibility form (SR-22) with their state DMV in order to legally drive a vehicle.
• Bundle home and auto and save – Most major insurers apply a discount to policyholders who consolidate policies with them. It’s known as a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even though this discount sounds good, drivers will still want to compare other company rates to ensure the best deal.
• Deter car thieves – Choosing to buy a car with an alarm system can get you a discount on your insurance. Systems that thwart thieves such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent car theft.
• Having a spouse is a good thing – Having a wife or husband may earn you lower rates on your insurance bill. Having a significant other demonstrates that you tend to be more financially stable and insurance companies reward insureds because being married results in fewer claims.
• Lexus GS 350 claim probability – Companies analyze the history of losses to calculate a rate that will offset losses. Vehicles that are shown to have high amounts or severity of claims will have higher premium rates. The table below demonstrates the insurance loss data used by companies for Lexus GS 350 vehicles.

  For each type of coverage, the claim amount for all vehicles, regardless of make or model, is represented as 100. Numbers that are below 100 suggest a positive loss record, while numbers above 100 indicate more frequent claims or larger claims.

  Lexus GS 350 Insurance Loss Statistics

  Vehicle Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Lexus GS 350 4dr 2WD	160	78	190	81	107	79
  Lexus GS 350 4dr 4WD	169	90	217	91	85	68

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

Cut your auto insurance rates with discounts

Companies offering auto insurance don’t necessarily list their entire list of discounts very clearly, so here is a list some of the more common in addition to some of the lesser obvious discounts that you may qualify for.

• Military Discounts – Having a family member in the military could trigger a small discount.
• Good Student – This discount may save you up to 25%. The good student discount can last until age 25.
• Safe Driver Discount – Accident-free drivers can save up to 40% or more on their San Diego auto insurance quote than less cautious drivers.
• Senior Citizens – If you’re over the age of 55, you may be able to get better auto insurance rates.
• Full Payment Discount – If you can afford to pay the entire bill instead of monthly or quarterly installments you can actually save on your bill.
• Include Life Insurance and Save – Some insurance carriers give a small discount if you purchase a life policy as well.
• Low Miles Discount – Fewer annual miles on your Lexus can earn slightly better rates than normal.
• San Diego Homeowners Pay Less – Owning your own home or condo can save a few bucks because of the fact that having a home is proof of financial responsibility.

Just know that most credits do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. If you do the math and it seems like it’s possible to get free car insurance, auto insurance companies aren’t that generous.

To find insurers that offer multiple discounts in San Diego, click here to view.

Exclusive versus independent insurance agencies

Many drivers still like to talk to a local agent and that is OK! One of the great benefits of comparing insurance prices online is that you can obtain lower rates and still have an agent to talk to.

Once you complete this simple form, your insurance data is immediately sent to local insurance agents in San Diego who will gladly provide quotes to get your business. You won’t even need to find an agent since price quotes are sent to your email. You’ll get the best rates and a licensed agent to talk to. If you have a need to compare rates from a particular provider, you can always navigate to their website and complete a quote there.

Selecting an provider shouldn’t rely on just a low price. Before buying a policy in San Diego, get answers to these questions.

• What discounts might you be missing?
• Where would glass claims be handled in San Diego?
• Do they get extra compensation for selling add-on coverages?
• Is the quote a firm price?
• Which companies do they recommend if they are an independent agency?
• If you raise deductibles, how much can you save?
• Can you get a list of referrals?

If you want to buy auto insurance from a reliable agent, it’s helpful to know the different types of agencies and how they can write your policy. Auto insurance agencies are either independent (non-exclusive) or exclusive.

Exclusive Insurance Agencies

Agents of this type can only provide one company’s prices and some examples include Farmers Insurance, State Farm, or Allstate. They usually cannot compare rates from other companies so they have no alternatives for high prices. Exclusive agencies are usually well trained on their company’s products which can be an advantage. A lot of people purchase coverage from exclusives mainly due to the brand and strong financial ratings.

Shown below is a short list of exclusive agencies in San Diego that can give you rate quotes.

• John Tran – State Farm Insurance Agent
  2820 Camino del Rio S Ste 310 – San Diego, CA 92108 – (619) 291-1787 – View Map
• Mike Moore – State Farm Insurance Agent
  12880 Rancho Penasquitos Blvd d – San Diego, CA 92129 – (858) 484-1297 – View Map
• Allstate Insurance: PGC Insurance Agency
  6919 Paradise Valley Rd, # A9 – San Diego, CA 92139 – (619) 773-2300 – View Map

More San Diego agents

Independent Insurance Agents

Agents that choose to be independent are normally appointed by many insurers and that is an advantage because they can write policies with a variety of different insurance companies and find the cheapest auto insurance rates. If they find a lower price, your policy is moved internally and you can keep the same agent. When comparing rates, you will definitely want to check rates from multiple independent agents to have the most options to choose from. Many write coverage with small mutual carriers that may provide cheaper auto insurance rates.

The following are San Diego independent insurance agents that can give you price quotes.

• Stanley Wong Insurance
  4619 Convoy St # C – San Diego, CA 92111 – (858) 569-0383 – View Map
• Nationwide Insurance: Richard Turner Insurance Agency
  3443 Camino del Rio S #221 – San Diego, CA 92108 – (619) 296-6222 – View Map
• Einhorn Insurance
  3940 Hancock St – San Diego, CA 92110 – (858) 336-4644 – View Map

More San Diego agents

In Summary

As you shop your coverage around, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many situations where an accident victim reduced collision coverage only to discover later that the small savings ended up costing them much more. The ultimate goal is to find the BEST coverage at an affordable rate, but don’t skip important coverages to save money.

We covered a lot of information how to save on Lexus GS 350 insurance in San Diego. The key thing to remember is the more you quote San Diego auto insurance, the better likelihood of getting the cheapest Lexus GS 350 rate quotes. You may even discover the biggest savings come from the smaller companies.

Lower-priced Lexus GS 350 insurance in San Diego can be sourced on the web and also from your neighborhood San Diego agents, so you need to quote San Diego auto insurance with both to get a complete price analysis. Some companies do not offer rates over the internet and many times these small, regional companies sell through local independent agencies.

Even more information can be read at these sites:

• Teen Driving Statistics (iihs.org)
• Who Has Cheap Car Insurance Quotes for a Ford Escape in San Diego? (FAQ)
• How Much is Auto Insurance for a Nissan Versa in San Diego? (FAQ)
• What is Full Coverage? (Allstate)
• What is a Telematics Device? (Allstate)
• Medical Payments Coverage (Liberty Mutual)
• Steps to Take After an Auto Accident (Insurance Information Institute)