How to Save on Lexus GS 350 Insurance in Scottsdale

Sadly, the vast majority of insurance customers kept buying from the same company for at least the last four years, and just short of a majority have never shopped around. With the average premium in Arizona being $1,580, drivers could save about 50% a year by just comparing rate quotes, but most undervalue how much savings they would realize if they switch to a new company.

Truthfully, the best way to find cheaper quotes for car insurance rates in Scottsdale is to compare prices at least once a year from companies in Arizona.

1. Read about auto insurance and the measures you can take to keep rates down. Many risk factors that result in higher prices like traffic violations, accidents, and a poor credit rating can be controlled by making minor changes to your lifestyle.
2. Request price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from a single company like Progressive or State Farm, while independent agencies can provide price quotes from multiple sources.
3. Compare the new rate quotes to your existing policy to see if you can save by switching companies. If you find better rates and decide to switch, verify that coverage does not lapse between policies.
4. Provide proper notification to your current company to cancel your existing policy. Submit payment and a signed application to your new agent or company. When you receive it, place your new certificate verifying proof of insurance along with the vehicle’s registration papers.

The most important part of shopping around is that you use the same deductibles and limits on every quote request and and to get quotes from as many different companies as possible. This guarantees a fair price comparison and a complete price analysis.

Finding and comparing affordable insurance in Scottsdale is easy to do. If you have a current insurance policy or just want cheaper rates, you can use these tips to save money and still get good coverage. Vehicle owners just have to know the best way to compare price quotes over the internet.

The easiest way to get policy rate comparisons for Lexus GS 350 insurance in Scottsdale is to know most larger insurance companies actually pay money for the chance to provide you with a free rate quote. All consumers are required to do is give them some information such as if your license is active, what your job is, your education level, and if you’re married. The data gets transmitted to multiple insurance providers and they respond with quotes immediately.

To compare multiple company lower-cost Lexus GS 350 insurance rates now, click here and enter your coverage details.

The providers in the list below have been selected to offer free rate quotes in Scottsdale, AZ. If you want the cheapest car insurance in Scottsdale, it’s highly recommended you compare several of them to find the most affordable car insurance rates.

Lexus GS 350 insurance charts and tables

The coverage information displayed below outlines different insurance policy prices for Lexus GS 350 models. Having knowledge of how rates are calculated can help customers make smart choices when purchasing an auto insurance policy.

Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Price information does not factor in specific location which can change premiums significantly.

Where to set your deductibles

A question often asked by Scottsdale drivers is how high should your deductibles be. The comparisons below summarize how much more rates are of buying low and high coverage deductibles. The first rate table uses a $250 deductible for physical damage and the second pricing table uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Prices do not factor in specific location information which can modify coverage prices greatly.

Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $16 more each month or $192 each year averaged for all GS 350 models than opting for the higher $500 deductible. Because you would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you usually have more than 16 months between claims, you would probably come out ahead if you elect the higher deductible.

Cautious drivers save money

The example below illustrates how speeding tickets and accident claims can raise Lexus GS 350 premium costs for different age groups of insureds. Data assumes a single male driver, full coverage, $100 deductibles, and no discounts are applied.

Six Things That Affect Your Insurance Premiums

Consumers need to have an understanding of some of the factors that help calculate your premiums. When you know what positively or negatively controls the rates you pay, this enables informed choices that can help you get lower auto insurance prices.

The factors shown below are some of the major factors used by companies to determine your prices.

Safeguard your assets with liability coverage – Your policy’s liability coverage is the protection in the event that you are found liable for causing personal injury or damage in an accident. It provides legal defense up to the limits shown on your policy. It is affordable coverage compared to comp and collision, so drivers should carry high limits.

Higher rates for specific occupations – Did you know that where you work can have an impact on rates? Jobs like real estate brokers, airline pilots, and stock brokers generally have the highest average rates attributed to high stress levels and long work hours. Conversely, occupations like actors, students and performers have the lowest average rates.

Discounts for married couples – Walking down the aisle can actually save you money compared to being single. It may mean you are more mature and it’s statistically proven that married drivers get in fewer accidents.

High performance equals high premiums – The performance of the car you are buying insurance for makes a big difference in the rate you pay. The lowest base rates will normally be found when insuring economy passenger cars, but other factors influence the final cost greatly.

The chart below is based on a married female driver age 50, full coverage with $500 deductibles, and no discounts or violations. The data compares Lexus GS 350 insurance premiums compared to other vehicles that have different performances.

Consolidate policies to earn discounts – Most auto insurance companies afford lower prices to customers who buy several policies from them. It’s known as a multi-policy discount. Discounts can amount to ten or even fifteen percent. Even though this discount sounds good, you still need to check prices from other companies to confirm you are receiving the best rates possible.

Urban residents pay more – Choosing to live in smaller towns and rural areas of the country has definite advantages when shopping for auto insurance. People who live in big cities regularly have more aggressive driving styles and much longer commute distances. Less people means fewer accidents in addition to fewer liability claims.

Lexus GS 350 claim probability – Insurers include the past claim history for a vehicle to determine a price that will be profitable for them. Vehicles that the statistics show to have higher losses will have higher rates for specific coverages. The next table shows the insurance loss data for Lexus GS 350 vehicles.

For each coverage type, the claim probability for all vehicles averaged together is considered to be 100. Values that are 100 or less mean the vehicle has better than average losses, while values over 100 indicate more frequent claims or an increased chance of larger losses than average.

Choosing the best vehicle insurance in Arizona is an important decision

Despite the high cost, maintaining insurance may not be optional for several reasons.

• Almost all states have minimum liability requirements which means state laws require a specific level of liability protection in order to get the vehicle licensed. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you bought your Lexus with a loan, almost every bank will make it a condition of the loan that you have full coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the bank or lender will purchase a policy for your Lexus for a lot more money and force you to pay much more than you were paying before.
• Auto insurance protects not only your Lexus but also your financial assets. It will also pay for all forms of medical expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, will also pay to defend you if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.

The benefits of insuring your GS 350 more than cancel out the cost, specifically if you ever have a liability claim. But the average American driver is currently overpaying as much as $855 a year so we recommend shopping around at every policy renewal to ensure rates are inline.