Cheaper 2015 Lexus RC 350 Insurance Rates

Consumers have many options when looking for the lowest priced Lexus RC 350 insurance. They can either spend hours driving around to get rate comparisons or utilize the internet to find the lowest rates.

There is a better way to compare car insurance rates so you’re going to learn the absolute fastest way to price shop coverage for your Lexus and obtain the lowest price from local insurance agents and online providers.

You need to compare rates on a regular basis because prices are constantly changing. Just because you had the best deal on RC 350 insurance six months ago you can probably find a lower rate today. There is a lot of bad advice regarding car insurance online but by reading this article, you’re going to learn the best ways to save money.

Factors influencing Lexus RC 350 insurance rates

It’s important that you understand some of the elements that help determine your auto insurance rates. Understanding what determines base rates helps enable you to make changes that can help you get better auto insurance rates.

The following are a few of the “ingredients” that factor into your rates.

  • Safer cars are cheaper to insure – Cars with high safety ratings get lower rates. The safest vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If your Lexus RC 350 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • With age comes lower rates – Older insureds tend to be more responsible, file fewer claims and receive fewer citations. Teen drivers tend to be less responsible when behind the wheel and because of this, their auto insurance rates are much higher.
  • Frequent auto insurance claims increase rates – Insurance companies award lower rates to drivers who do not rely on their insurance for small claims. If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Your insurance policy is designed for major claims that would cause financial hardship.
  • Never allow your policy to lapse – Driving without insurance is against the law and you will pay a penalty because you let your coverage lapse. And not only will your rates increase, but being ticketed for driving with no insurance may earn you a license revocation or jail time.You may need to provide proof of insurance in the form of an SR-22 filing with your state DMV.
  • Lower rates with optional equipment – Driving a car with an alarm system can help lower your rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.
  • Policy add-ons can waste money – There are quite a few extra coverages that you can get tricked into buying on your auto insurance policy. Insurance for roadside assistance, accidental death and additional equipment coverage may be costing you every month. They may seem good when you first buy your policy, but now you might not need them so eliminate the coverages to reduce your premium.
  • Are you male or female? – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean women are BETTER drivers than men. Men and women have accidents in similar numbers, but the males tend to have more serious accidents. They also get more serious tickets like DUI and reckless driving.
  • Drive less and save money – The higher the mileage driven in a year’s time the higher your rates will be. Most companies apply a rate based on their usage. Vehicles that are left in the garage get more affordable rates compared to those used for work or business. Having the wrong rating on your RC 350 can cost quite a bit. Verify your auto insurance declarations sheet is rated on the correct usage for each vehicle.

Comparison of Insurance

All major insurance companies provide price estimates online. Obtaining pricing is quite easy as you simply type in the coverages you want as requested by the quote form. When complete, their rating system will obtain information on your driving record and credit history and returns a price quote based on many factors.

Online price quotes makes it a lot easier to compare rates but the work required to visit different websites and type in the same information is repetitive and time-consuming. Unfortunately, it is important to get many rate quotes in order to get the best price possible.

The easiest way to lower your insurance bill uses one form to obtain quotes from a bunch of companies at once. The form is fast, requires less work, and makes online price comparison a little more enjoyable. After sending the form, it gets priced and you can select any one of the returned quotes.

If you find a better price you can click and sign and buy the new coverage. The whole process only takes a few minutes and can result in significant savings.

To quickly compare rates now, simply click here to open in new window and enter your vehicle and coverage information. To compare your current rates, we recommend you type in deductibles and limits as close as possible to your current policy. This makes sure you will get a fair comparison for exact coverage.

Ads can be misleading

Consumers can’t ignore all the ads for cheaper car insurance from companies such as Allstate, GEICO and Progressive. They all seem to have a common claim about savings if you change your policy.

How can each company claim to save you money?

All the different companies can use profiling for the type of driver that makes them money. A good example of a driver they prefer might be profiled as between 30 and 50, has no tickets, and drives less than 7,500 miles a year. A customer who matches those parameters is entitled to the best price and therefore will pay quite a bit less when switching companies.

Consumers who are not a match for the “perfect” profile will be charged higher premiums which usually ends up with business going elsewhere. Company advertisements say “people who switch” not “everyone that quotes” save that kind of money. That is how insurance companies can confidently state the savings.

That is why it is so important to quote coverage with many companies. Because you never know the company that will fit your personal profile best.

How much can you save with discounts?

Insurance can cost an arm and a leg, but you can get discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time of quoting, but a few need to be manually applied in order for you to get them. If you don’t get every credit possible, you’re just leaving money on the table.

  • Life Insurance – Larger companies have a discount if you purchase auto and life insurance together.
  • Employee of Federal Government – Simply working for the federal government can save as much as 8% on RC 350 insurance depending on your company.
  • Save over 55 – If you’re over the age of 55, you may receive better insurance rates on RC 350 insurance.
  • Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% less on RC 350 insurance than drivers with accident claims.
  • Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with better rates on cars that stay parked.
  • No Charge for an Accident – A few companies will forgive one accident before hitting you with a surcharge if you are claim-free for a set time period.

As a disclaimer on discounts, most credits do not apply to your bottom line cost. Most cut the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, it just doesn’t work that way. But any discount will help reduce the cost of coverage.

To see a list of insurance companies who offer insurance discounts, click here to view.

How much car insurance do I need?

When choosing coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight if your insurance needs would benefit from professional advice.

  • Does my liability insurance cover pulling a trailer or camper?
  • When would I need additional glass coverage?
  • Do I need to file an SR-22 for a DUI in my state?
  • What can I do if my company won’t pay a claim?
  • Are rental cars covered under my policy?
  • How can I find cheaper teen driver insurance?
  • Am I covered if hit by an uninsured driver?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and can provide invaluable advice.

Auto insurance coverages

Knowing the specifics of your insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Collision insurance

This coverage covers damage to your RC 350 resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as colliding with a tree, rolling your car, sideswiping another vehicle, hitting a mailbox and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Liability car insurance

Liability insurance provides protection from injuries or damage you cause to people or other property by causing an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as repair costs for stationary objects, emergency aid, funeral expenses, medical services and bail bonds. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these coverages are identical to your policy’s liability coverage.

Comprehensive coverages

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from flooding, vandalism and a broken windshield. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for immediate expenses like pain medications, X-ray expenses, hospital visits and funeral costs. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Have money to burn

While you’re price shopping online, don’t be tempted to skimp on coverage in order to save money. There are many occasions where an accident victim reduced uninsured motorist or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The proper strategy is to buy a smart amount of coverage at an affordable rate while still protecting your assets.

We’ve covered quite a bit of information on how to lower your 2015 Lexus RC 350 insurance rates. The key concept to understand is the more companies you get rates for, the better your comparison will be. You may even find the most savings is with a company that doesn’t do a lot of advertising.

Low-cost insurance is definitely available online as well as from independent agents, so you should be comparing quotes from both to get a complete price analysis. Some companies don’t offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

For more information, take a look at the following helpful articles: