Do you want a faster way to compare more affordable Lexus IS 350 insurance in San Jose? Purchasing cheaper San Jose Lexus IS 350 insurance quotes on the web might seem impossible for drivers not familiar with comparing rates and buying auto insurance on the internet. When there are so many companies in the marketplace, how can you possibly compare every company in order to find the lowest price available?
Steps to finding lower priced Lexus IS 350 insurance in San Jose
If your goal is the lowest price, then the best way to find better pricing on Lexus IS 350 insurance is to regularly compare price quotes from different companies who provide auto insurance in San Jose. You can compare prices by following these steps.
- Take a few minutes and learn about the different coverages in a policy and the things you can control to prevent expensive coverage. Many factors that increase rates such as traffic citations and a substandard credit score can be remedied by paying attention to minor details. This article gives ideas to lower rates and find available discounts that you may qualify for.
- Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive and State Farm, while independent agencies can provide price quotes for a wide range of companies.
- Compare the new rate quotes to the premium of your current policy to see if you can save by switching companies. If you can save some money, ensure there is no coverage lapse between policies.
- Provide adequate notice to your current company of your decision to cancel your current car insurance policy and submit the application along with any required down payment for your new policy. Once received, keep your new proof of insurance paperwork in an easily accessible location in your vehicle.
An important bit of advice to remember is that you use the same liability limits and deductibles on every price quote and and to get price quotes from as many different insurance providers as possible. Doing this enables the most accurate price comparison and the most accurate and complete price analysis.
Everyone knows that car insurance companies want to keep your business as long as possible. People who shop around will most likely switch to a new company because the odds are good of finding more affordable rates. A recent auto insurance study discovered that drivers who compared rates regularly saved as much as $860 a year compared to drivers who never compared rates.
If saving the most money on car insurance in San Jose is your ultimate target, then learning about the best way to compare car insurance can help simplify the process.
Smart consumers take time to price shop coverage quite often because prices are adjusted regularly by insurance companies. Even if you got the best price on Lexus IS 350 insurance in San Jose on your last policy other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because you’re about to find out how to use online quotes to properly buy coverages while reducing your premium.
These discounts can cut Lexus IS 350 insurance rates
Insurance can be prohibitively expensive, but you may be missing some discounts to help bring down the price. Certain discounts will be applied when you get a quote, but a few must be asked about prior to getting the savings.
- Federal Employees – Active or retired federal employment may reduce rates when you quote San Jose car insurance with a few insurance companies.
- One Accident Forgiven – Not really a discount, but companies like State Farm and Progressive permit an accident without the usual rate increase if your claims history is clear for a certain period of time.
- Drivers Education – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in school or through a local driver safety program.
- Save with More Vehicles Insured – Buying coverage for multiple cars or trucks on one policy can get a discount for every vehicle.
- Claim Free – Insureds with no claims or accidents get the best insurance rates when compared with drivers who are more careless.
As a disclaimer on discounts, many deductions do not apply to your bottom line cost. Some only apply to specific coverage prices like liability and collision coverage. So when it seems like having all the discounts means you get insurance for free, nobody gets a free ride.
The chart below shows the difference between Lexus IS 350 auto insurance rates with and without discounts applied. Data assumes a male driver, no claims, a clean driving record, California state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, marriage, homeowner, multi-policy, and safe-driver discounts applied.
To find insurance companies who offer insurance discounts in California, follow this link.
Most of the larger companies such as Allstate, GEICO and Progressive give coverage price quotes direct online. Getting online quotes for Lexus IS 350 insurance in San Jose is very simple as you simply type in the coverage amounts you desire as detailed in the form. After the form is submitted, the company’s rating system collects reports for credit and driving violations and returns a price quote based on the information you submitted.
Getting online rates for Lexus IS 350 insurance in San Jose streamlines rate comparisons, and it is important to do this if you want to get lower-cost auto insurance pricing.
To save time and use this form to compare rates, check out the auto insurance providers below. If you have a policy now, it’s recommended that you enter the coverages identical to your current policy. Using the same limits helps guarantee you will get rate comparison quotes using the same coverage and limits.
The companies in the list below offer free rate quotes in San Jose, CA. If more than one company is shown, it’s highly recommended you visit as many as you can in order to find the cheapest rates.
Statistics and details
The coverage information shown below showcases a range of insurance premium costs for Lexus IS 350 models. Learning more about how insurance prices are established is important for making decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 350 4-Dr Sedan | $530 | $1146 | $596 | $36 | $178 | $2,486 | $207 |
| IS 350 C 2-Dr Convertible | $530 | $1146 | $596 | $36 | $178 | $2,486 | $207 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Estimates do not factor in specific San Jose garaging location which can modify coverage rates significantly.
Car insurance deductibles
One of the more difficult decisions when buying car insurance is how low should you set your deductibles. The data tables below sum up the differences in premium rates between high and low comp and collision deductibles. The first data table uses a $250 comprehensive and collision deductible and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 350 4-Dr Sedan | $430 | $780 | $442 | $26 | $132 | $1,835 | $153 |
| IS 350 C 2-Dr Convertible | $430 | $780 | $442 | $26 | $132 | $1,835 | $153 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 350 4-Dr Sedan | $348 | $630 | $442 | $26 | $132 | $1,578 | $132 |
| IS 350 C 2-Dr Convertible | $348 | $630 | $442 | $26 | $132 | $1,578 | $132 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Price estimates do not factor in your specific San Jose location which can increase or decrease price quotes significantly.
Based on the above data, using a $250 deductible costs an average of $21 more each month or $252 every year than requesting the higher $500 deductible. Since you would pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you have at least 12 months between claim filings, you would save money by selecting a higher deductible.
Calculation for determining deductible levels
| Average monthly premium for $250 deductibles: | $153 |
| Average monthly premium for $500 deductibles (subtract): | – $132 |
| Monthly savings from raising deductible: | $21 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $21 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 12 months |
An important sidenote is that increasing deductibles to save money means you will have to pay more out-of-pocket when you have a physical damage claim. You will want to have enough money in the bank in the event you have to pay the deductible.
Lexus IS 350 insurance premiums by gender in San Jose
The example below illustrates the difference between Lexus IS 350 insurance prices for male and female drivers. The rate quotes are based on a clean driving record, no at-fault accidents, full coverage, $250 deductibles, drivers are single, and no discounts are applied.
Does it make sense to buy full coverage?
The illustration below illustrates the difference between Lexus IS 350 insurance premiums with full physical damage coverage compared to only buying the minimum liability limits required in California. Data assumes a clean driving record, no at-fault accidents, $500 deductibles, drivers are not married, and no discounts are applied.
When to drop full coverage
There is no set guideline for excluding full coverage on your policy, but there is a general school of thought. If the annual cost of having full coverage is 10% or more of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.
For example, let’s pretend your Lexus IS 350 replacement cost is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $6,000 after paying your deductible. If you are paying over $600 a year for full coverage, then you might want to think about dropping full coverage.
There are some cases where buying only liability insurance is not recommended. If you still owe money on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.
Insurance agents are trained to help
Some people just want to talk to a local agent and that is a smart decision One of the best bonuses of comparing insurance prices online is you may find cheap rate quotes but still work with a licensed agent. Buying from and supporting local insurance agents is important particularly in San Jose.
Once you complete this simple form, your information is immediately sent to insurance agents in San Jose that can give you free San Jose car insurance quotes to get your business. You never need to contact an agency due to the fact that quote results will go directly to you. You can find lower rates without the usual hassles of price shopping. If for some reason you want to get a price quote from a specific company, you just need to go to their quote page and fill out the quote form the provide.
If you are wanting to purchase car insurance from a reliable insurance agency, it’s important to understand the different types of agencies that differ in how they can insure your vehicles. Agents in San Jose are categorized either independent agents or exclusive agents.
Independent Agencies or Brokers
Agents in the independent channel often have many company appointments and that enables them to quote your coverage with a variety of different insurance companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, your policy is moved internally and you can keep the same agent.
When comparison shopping, you definitely need to include at least one independent agent to ensure the widest selection of prices. Many write coverage with small mutual carriers which may have better rates.
Shown below is a list of independent agencies in San Jose that can give you pricing information.
- LNA Insurance Agency Inc
999 Story Rd – San Jose, CA 95122 – (408) 280-5815 – View Map - Sergio Plascencia Insurance Agency
3136 Story Rd – San Jose, CA 95127 – (408) 254-8336 – View Map - Filice Insurance Agency
738 N 1st St – San Jose, CA 95112 – (408) 350-5700 – View Map
Exclusive Car Insurance Agencies
These agents can only place business with one company and examples are Farmers Insurance and State Farm. They generally cannot provide other company’s prices so they have to upsell other benefits. Exclusive agencies receive extensive training on sales techniques which can be an advantage. Consumers often purchase coverage from exclusives mainly due to the prominent brand name and strong financial ratings.
Shown below are exclusive agencies in San Jose that can give you price quotes.
- Nhut Ho – State Farm Insurance Agent
2048 Tully Rd – San Jose, CA 95122 – (408) 223-6163 – View Map - Farmers Insurance – Jeff Senigaglia
950 S Bascom Ave #2113 – San Jose, CA 95128 – (408) 297-6686 – View Map - Rolando Suarez – State Farm Insurance Agent
696 E Santa Clara St #110 – San Jose, CA 95112 – (408) 642-1399 – View Map
Picking the best auto insurance agent needs to be determined by more than just the quoted price. The following questions are important to ask.
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- Which companies can they place coverage with?
- What is their Better Business Bureau rating?
- Does the company have a solid financial rating?
- What are their preferred companies if they are an independent agency?
- Will high miles depreciate repair valuations?
Upon receiving good answers to all your questions as well as an affordable premium quote, most likely you have located an auto insurance agent that can be relied on to properly insure your vehicles.
In the end, you can save money
As you restructure your insurance plan, make sure you don’t reduce needed coverages to save money. Too many times, someone sacrificed uninsured motorist or liability limits only to regret at claim time that the few dollars in savings costed them thousands. The goal is to get the best coverage possible at the best cost, not the least amount of coverage.
Drivers change insurance companies for a variety of reasons including not issuing a premium refund, denial of a claim, high prices and even extreme rates for teen drivers. Whatever your reason, choosing a new insurance company is not as hard as you think.
Some insurance providers may not offer online rate quotes and these smaller companies work with independent agents. Cost effective Lexus IS 350 insurance is available both online and from local insurance agents, so you need to compare both so you have a total pricing picture.
How to find affordable quotes for Lexus IS 350 insurance in San Jose
If you want to save the most money, the best way to get discount Lexus IS 350 insurance is to regularly compare quotes from insurers that insure vehicles in San Jose. You can compare rates by completing these steps.
Step 1: Get an understanding of car insurance and the changes you can make to prevent expensive coverage. Many things that result in higher prices like traffic violations, accidents, and a not-so-good credit history can be remedied by making minor changes to your lifestyle.
Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like GEICO or State Farm, while independent agencies can provide prices from multiple sources. Select a company
Step 3: Compare the price quotes to your existing coverage to see if you can save by switching companies. If you can save money and make a switch, ensure coverage does not lapse between policies.
Step 4: Tell your current agent or company of your intent to cancel the current policy and submit a completed application and payment for your new coverage. Immediately put the new certificate of insurance in your vehicle.
A good tip to remember is to try to use identical limits and deductibles on every quote request and and to get quotes from every company you can. This enables a level playing field and a thorough selection of prices.
More information can be read below:
- Your Car has been Stolen: Now What? (Allstate)
- How Much is San Jose Auto Insurance for First-time Drivers? (FAQ)
- How Much is San Jose Auto Insurance for Drivers with a DUI? (FAQ)
- Who Has Affordable Auto Insurance for Teenage Males in San Jose? (FAQ)
- Safe Vehicles for Teens (iihs.org)
- Vehicle Safety Ratings (iihs.org)
- All About Airbag Safety (State Farm)
- Property Damage Coverage (Liberty Mutual)