Best Lincoln Lexus ES 350 Insurance

If your goal is the lowest price, then the best way to find low-cost Lexus ES 350 insurance in Lincoln is to compare quotes annually from providers that sell auto insurance in Nebraska.

1. Try to understand auto insurance and the things you can control to prevent high rates. Many rating factors that cause high rates like traffic violations and a low credit rating can be controlled by making minor driving habit or lifestyle changes. This article provides more information to help keep rates affordable and find missing discounts.
2. Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like GEICO or State Farm, while independent agencies can give you price quotes from multiple companies.
3. Compare the new quotes to your existing coverage and see if there is a cheaper rate. If you find a lower rate quote and make a switch, make sure coverage is continuous and does not lapse.

An important part of this process is to make sure you enter identical limits and deductibles on every quote request and and to look at as many companies as you can. Doing this guarantees the most accurate price comparison and a complete selection of prices.

It’s a fact that car insurance companies want to keep you from shopping around. People who perform rate comparisons will probably move their business because they stand a good chance of finding lower prices. A recent survey discovered that drivers who compared rate quotes regularly saved as much as $3,500 over four years as compared to drivers who never shopped around for better prices.

If finding discount rates on Lexus ES 350 insurance is your ultimate objective, then knowing the best ways to find and compare insurance rates can make it simple to find affordable coverage.

You Can Change Your Insurance Costs

One of the most helpful ways to save on auto insurance is to to have a grasp of the different types of things that help determine auto insurance rates. When consumers understand what influences your rates, this enables you to make decisions that could result in much lower annual insurance costs. Many things are part of the calculation when you quote your car insurance policy. Some factors are common sense such as your driving history, but other criteria are more obscure like your vehicle usage or how safe your car is.

The itemized list below are most of the major factors companies use to determine premiums.

• Women pay lower costs – Statistics have proven that females tend to be a little less risky than males. The data does not necessarily mean that women are better drivers. Men and women are in at-fault accidents in similar numbers, but the males tend to have higher claims. Not only that, but men also receive more costly citations like driving under the influence (DUI). Young males tend to get in the most accidents and thus pay the highest rates.

  The chart below shows the difference between Lexus ES 350 yearly insurance costs for male and female drivers. The premiums assume no driving violations, no at-fault accidents, full physical damage coverage, $500 deductibles, drivers are not married, and no discounts are factored in.

• Single vs. married – Having a wife or husband helps lower the price compared to being single. Having a spouse may mean you are more responsible and insurance companies reward insureds because married drivers get in fewer accidents.
• Higher prices for high stress jobs – Occupations such as military personnel, business owners, and emergency personnel have the highest rates due to intense work requirements and lots of time spent away from family. Other occupations such as professors, engineers and retirees have lower than average premiums.

• Avoid traffic tickets – Your driving citation history influences premium rates substantially. Getting just one driving citation can bump up the cost by as much as thirty percent. Attentive drivers pay less for auto insurance than their less careful counterparts. Drivers who have received multiple violations like reckless driving or DUI may find that they have to to submit a SR-22 or proof of financial responsibility with their state’s licensing department in order to legally drive.

  The diagram below shows how violations and fender-benders raise Lexus ES 350 yearly insurance costs for each age group. The premiums are based on a single female driver, full coverage, $500 deductibles, and no other discounts are factored in.

• Lexus ES 350 claim statistics – Car insurance companies factor in insurance loss information to determine a price that will be profitable for them. Models that the data determines to have higher claim frequency or loss amount will have increased rates. The table below demonstrates the insurance loss data for Lexus ES 350 vehicles.

  For each coverage category, the loss probability for all vehicles combined as an average is considered to be 100. Numbers below 100 imply a favorable loss record, while values that are above 100 show a trend for more claims or a tendency for losses to be larger than average.

  
  

  Lexus ES 350 Insurance Loss Statistics

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

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

Most of the larger companies allow consumers to get insurance quotes from their websites. Obtaining pricing for Lexus ES 350 insurance in Lincoln is fairly straightforward as you simply type in the coverage amounts you desire into a form. When the form is submitted, the system requests credit information and your driving record and returns a price quote based on the information you submitted. Quoting online for Lexus ES 350 insurance in Lincoln makes it easy to compare insurance prices and it is imperative to get many rate quotes if you want to get the lowest payment possible.

To get comparison pricing now, take a look at the companies shown below. To compare your current rates, we recommend you enter coverages and limits identical to your current policy. This ensures you will get a price comparison for exact coverage.

The companies in the list below can provide free rate quotes in Nebraska. If multiple companies are listed, it’s a good idea that you compare several of them in order to find the cheapest rates.

Coverage information

The rate information below showcases different insurance policy prices for Lexus ES 350 models. Having insight into how policy premiums are determined is important for you to make decisions on which coverage to buy.

Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Nebraska minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Prices do not factor in zip code location which can raise or lower premiums considerably.

Deductible comparison

One common question asked by Lincoln drivers is how high should the deductibles for physical damage be. The comparison tables below outline the costs and benefits of buying low and high coverage deductibles. The first price estimate table uses a $100 comprehensive and collision deductible and the second data table uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Rates do not factor in specific garaging location which can influence prices greatly.

Based on the figures above, using a $100 deductible costs about $27 more each month or $324 for a full year than requesting the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you normally go at least 15 months between claim filings, you would most likely save money by going with a higher deductible.

Rate difference between full and liability-only coverage

The information below illustrates the difference between Lexus ES 350 insurance premiums when comparing full coverage to state minimum liability only. The rate quotes are based on no claims or driving citations, $250 deductibles, drivers are not married, and no policy discounts are applied.

When to buy liability coverage only

There is no exact rule to delete full coverage on your policy, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let’s say your Lexus ES 350 claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $4,000 after the deductible is paid. If you are paying more than $400 a year to have full coverage, the it may be a good time to stop paying for full coverage.

There are some situations where buying only liability insurance is not a good plan. If you haven’t paid off your loan, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should maintain full coverage.

Protect your ES 350 and other assets

Despite the high cost of buying insurance for a Lexus ES 350 in Lincoln, paying for insurance is a good idea for several reasons.

• Most states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability protection in order to drive the car legally. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you took out a loan on your Lexus ES 350, most lenders will stipulate that you buy full coverage to guarantee payment of the loan. If coverage lapses or is canceled, the bank may buy a policy for your Lexus at a much higher rate and require you to pay the higher premium.
• Insurance protects not only your vehicle but also your assets. It will also pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.

The benefits of insuring your ES 350 outweigh the cost, particularly when you have a large claim. But the average driver in Nebraska is overpaying over $855 a year so compare quotes from several companies at least once a year to ensure rates are competitive.

Cheaper rates with these discounts on Lexus ES 350 insurance in Lincoln

Companies that sell car insurance don’t always publicize every discount available very well, so below is a list a few of the more common and the more hidden ways to save on auto insurance.

• Military Rewards – Being deployed with a military unit could trigger a small discount.
• Student Driver Training – Teen drivers should complete a driver education course if offered at their school.
• Paperless Signup – A few larger online companies will give a small break just for signing your application on your computer.
• Discount for New Cars – Buying coverage on a new vehicle can be considerably cheaper because newer models have to meet stringent safety requirements.
• Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn lower rates if you buy auto and life insurance together.
• Anti-theft Discount – Vehicles with anti-theft systems prevent vehicle theft so companies will give you a small discount.
• Driver Training Discounts – Successfully completing a driver safety course is a good idea and can lower rates if you qualify.
• Early Signing – A few larger companies offer discounts for switching policies early. You could save around 10% when you buy Lincoln car insurance online.

It’s important to note that some of the credits will not apply to the entire cost. The majority will only reduce specific coverage prices like comp or med pay. Even though the math looks like you would end up receiving a 100% discount, you’re out of luck.

The information below compares Lexus ES 350 yearly insurance costs with and without discounts applied. The rates are based on a female driver, no driving violations, no at-fault accidents, Nebraska state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-car, safe-driver, multi-policy, and homeowner discounts applied.

Popular auto insurance companies and some of the discounts are included below.

• State Farm discounts include multiple autos, safe vehicle, driver’s education, good driver, Steer Clear safe driver discount, and Drive Safe & Save.
• GEICO may offer discounts for military active duty, anti-theft, air bags, driver training, anti-lock brakes, five-year accident-free, and seat belt use.
• Progressive offers premium reductions for online quote discount, multi-vehicle, online signing, multi-policy, good student, and homeowner.
• 21st Century has savings for early bird, teen driver, homeowners, defensive driver, air bags, and driver training.
• American Family policyholders can earn discounts including accident-free, defensive driver, TimeAway discount, Steer into Savings, and good student.
• The Hartford has discounts for defensive driver, vehicle fuel type, air bag, driver training, good student, anti-theft, and bundle.
• AAA offers discounts for pay-in-full, multi-policy, education and occupation, good driver, good student, AAA membership discount, and multi-car.

When getting a coverage quote, ask each company or agent to apply every possible discount. Some discounts may not be available in every state. To locate companies that have a full spectrum of discounts in Lincoln, follow this link.

Compare rate quotes but still have a local Lincoln insurance agent

Many drivers still prefer to talk to an insurance agent and we recommend doing that Professional insurance agents can point out coverage gaps and help you file claims. One of the best bonuses of comparing auto insurance online is the fact that drivers can get the best rates but still work with a licensed agent.

To make it easy to find an agent, after completing this short form, your insurance data is instantly submitted to insurance agents in Lincoln who can give free rate quotes for your coverage. There is no reason to find an agent on your own since price quotes are sent immediately to your email address. If you want to get a price quote from a specific insurance company, you can always search and find their rate quote page and fill out the quote form the provide.

Finding a good provider needs to be determined by more than just a cheap quote. Here are some questions you should ask.

• Do they offer accident forgiveness?
• Are they actively involved in the community?
• Who are their largest clients?
• Will you get a loaner vehicle if you car is being repaired?
• Will a damage claim use OEM or aftermarket replacement parts?
• What company holds the largest book of business for them?

The following is a short list of car insurance companies in Lincoln who can help you get price quote information for Lexus ES 350 insurance in Lincoln.

View more agents

After you get positive feedback to your questions and an affordable coverage quote, you’ve probably found a company that meets the criteria to insure your vehicles.

How to find a good Nebraska car insurance company

Buying coverage from a highly-rated auto insurance provider can be challenging considering how many companies are available to choose from in Lincoln. The company ratings listed below may help you decide which car insurance companies you want to consider comparing rates from.

Top 10 Lincoln Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 92%
2. American Family – 88%
3. State Farm – 88%
4. Nationwide – 88%
5. 21st Century – 88%
6. The Hartford – 87%
7. Progressive – 87%
8. AAA Insurance – 87%
9. Farmers Insurance – 87%
10. Liberty Mutual – 87%

Top 10 Lincoln Car Insurance Companies Ranked by Claims Service

1. Progressive
2. Travelers
3. Liberty Mutual
4. Nationwide
5. USAA
6. AAA Insurance
7. Safeco Insurance
8. GEICO
9. Esurance
10. The General

In conclusion

While you’re price shopping online, it’s not a good idea to reduce needed coverages to save money. Too many times, an accident victim reduced uninsured motorist or liability limits only to regret that they should have had better coverage. Your strategy should be to buy enough coverage at an affordable rate, but do not skimp to save money.

Throughout this article, we presented some good ideas how you can get a better price on Lexus ES 350 insurance in Lincoln. The key concept to understand is the more quotes you get, the higher your chance of finding low cost Lincoln car insurance quotes. Consumers could even find that the lowest prices are with the least-expected company. These smaller insurers often have lower rates on specific markets than the large multi-state companies such as Allstate, GEICO and Progressive.

Much more information about car insurance in Nebraska is available at these links:

• Determining Auto Insurance Rates (GEICO)
• Who Has Cheap Auto Insurance for Safe Drivers in Lincoln? (FAQ)
• How Much is Lincoln Car Insurance for Drivers Under 25? (FAQ)
• Automakers compete to add autobraking (Insurance Institute for Highway Safety)
• Steps to Take After an Auto Accident (Insurance Information Institute)