Save on Lexus GS 350 Insurance in Oakland

If your goal is the lowest price, then the best way to get affordable Lexus GS 350 insurance is to start comparing prices yearly from insurers who sell auto insurance in Oakland. Rates can be compared by following these steps.

Step 1: It will benefit you to learn about individual coverages and the steps you can take to drop your rates. Many things that cause high rates like accidents, careless driving, and a substandard credit score can be eliminated by making minor changes to your lifestyle.

Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only quote rates from one company like Progressive and State Farm, while independent agents can quote prices from multiple sources.

Step 3: Compare the new quotes to your existing coverage to determine if switching companies saves money. If you find a lower rate and decide to switch, make sure coverage is continuous and does not lapse.

The key thing to know about shopping around is that you’ll want to compare the same amount of coverage on each quote and and to get price quotes from as many car insurance companies as possible. Doing this ensures an apples-to-apples comparison and the best rate selection.

It’s easy to assume that auto insurance companies don’t want you to look for a cheaper policy. Consumers who compare price quotes will, in all likelihood, move their business because there is a high probability of finding lower rate quotes. A recent survey revealed that drivers who compared rates annually saved approximately $865 annually compared to those who never shopped around for better prices.

If finding the best price on Lexus GS 350 insurance in Oakland is your objective, then having some insight into how to get free comparison quotes and analyze insurance premiums can make shopping around easier.

Best companies for Lexus GS 350 insurance

The companies shown below can provide free rate quotes in California. In order to find cheap auto insurance in California, it’s highly recommended you compare several of them in order to get a fair rate comparison.

Insurance coverage details

The coverage information shown next highlights a range of coverage costs for Lexus GS 350 models. Having knowledge of how insurance prices are established is important for making smart choices when purchasing an insurance policy.

Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Prices do not factor in Oakland location which can modify price quotes substantially.

Where to set your deductibles

A question often asked by Oakland drivers is which deductible level should you buy. The rates below illustrate the rate difference between low and high policy deductibles. The first table uses a $250 comprehensive and collision deductible and the second price grid uses a $500 deductible.

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

We can derive from the above data that using a $250 deductible costs roughly $23 more each month or $276 annually than opting for the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you have at least 11 months between claim filings, you would most likely save money if you opt for a higher deductible.

Take policy discounts and save on Lexus GS 350 insurance in Oakland

Not too many consumers would say auto insurance is affordable, but discounts can save money and there are some available that could drop your premiums quite a bit. Some discounts will apply when you quote, but some must be asked for before you get the savings.

• Theft Deterrent System – Vehicles that have factory anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
• One Accident Forgiven – Not necessarily a discount, but some insurance companies allow you one accident without raising rates so long as you are claim-free for a specific time period.
• Discount for Low Mileage – Low annual miles may enable drivers to earn slightly better rates than normal.
• Military Deployment Discount – Being on active deployment in the military could be rewarded with lower auto insurance rates.
• Student in College – College-age children who live away from home at college and don’t have a car could get you a discount.

Policy discounts save money, but many deductions do not apply to the overall cost of the policy. Some only reduce individual premiums such as liability and collision coverage. If you do the math and it seems like all those discounts means the company will pay you, it just doesn’t work that way.

The illustration below illustrates the difference between Lexus GS 350 car insurance rates with and without discounts. The data is based on a female driver, no accidents or driving violations, California state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, claim-free, multi-policy, and multi-car discounts applied.

A list of auto insurance companies and their possible discounts can be found below.

• GEICO may have discounts that include defensive driver, good student, federal employee, multi-policy, and multi-vehicle.
• MetLife policyholders can earn discounts including good student, claim-free, multi-policy, accident-free, and good driver.
• State Farm may offer discounts for driver’s education, Steer Clear safe driver discount, good student, defensive driving training, and multiple autos.
• Progressive may include discounts for good student, online quote discount, continuous coverage, multi-vehicle, and online signing.
• Mercury Insurance discounts include professional/association, location of vehicle, age of vehicle, type of vehicle, and low natural disaster claims.
• 21st Century offers discounts including 55 and older, student driver, theft prevention, anti-lock brakes, and good student.
• Allstate has savings for utility vehicle, good payer, eSmart discount, farm vehicle, economy car, and resident student.

It’s a good idea to ask every company how many discounts you can get. Some discounts may not apply to policies in your state. To see companies offering auto insurance discounts in California, follow this link.

Which policy gives me the best coverage?

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Each situation is unique.

For instance, these questions can aid in determining if your situation could use an agent’s help.

• Does my insurance cover my expensive audio equipment?
• Can I get a multi-policy discount?
• Should I put collision coverage on all my vehicles?
• Is there a penalty for late payment?
• Are rock chip repairs covered?
• Are my friends covered when driving my Lexus GS 350?
• I don’t drive much so do I pay less?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form.

Insurance agencies can help

Many drivers prefer to sit down and talk to an agent and we recommend doing that The biggest benefit of getting free rate quotes online is you may find better rates but still work with a licensed agent.

After completing this short form, your insurance data is transmitted to agents in your area who want to provide quotes for your auto insurance coverage. You don’t have to leave your computer due to the fact that quote results will go to you directly. You can find lower rates and an insurance agent to talk to. In the event you want to quote rates from a specific auto insurance provider, just search and find their rate quote page and fill out the quote form the provide.

Choosing the best provider is decision based upon more than just the price. Agents should be asked these questions:

• Do they specialize in personal lines auto insurance in Oakland?
• Do they get extra compensation for selling add-on coverages?
• How much experience to they have in personal lines coverages?
• Did they already check your driving record and credit reports?
• Will the agent or a CSR service your policy?
• How often do they review coverages?
• Is the agency involved in supporting local community causes?
• What insurance companies do they work with in Oakland?

The different types of car insurance agents

If you’re trying to find a local agent, you need to know there are two different types of agents and how they differ in how they can insure your vehicles. Agencies in Oakland can be classified as either exclusive or independent.

Exclusive Insurance Agencies

Exclusive insurance agents can only place business with one company like State Farm or Allstate. These agents are not able to compare rates from other companies so they have no alternatives for high prices. Exclusive agencies are usually well trained on sales techniques which can be an advantage.

The following are exclusive agents in Oakland willing to provide rate quotes.

More Oakland agents

Independent Insurance Agents

Independent agencies are not employed by one company and that allows them to write policies through many different auto insurance companies and find you the best rates. If they find a lower price, your agent can just switch to a different company and you can keep the same agent.

When comparing rates, it’s a good idea to include several independent insurance agents to have the most options to choose from.

Listed below is a list of independent agents in Oakland that can give you rate quotes.

More Oakland agents

Compare car insurance prices regularly to save

Cheaper car insurance in Oakland can be found both online in addition to local insurance agencies, and you should compare rates from both to get a complete price analysis. Some insurance providers may not offer the ability to get a quote online and these smaller companies prefer to sell through independent insurance agents.

We just showed you many ideas to reduce Lexus GS 350 insurance premium rates online in Oakland. The most important thing to understand is the more price quotes you have, the better your comparison will be. Consumers could even find that the lowest priced car insurance comes from a company that doesn’t do a lot of advertising.

As you shop your coverage around, you should never reduce needed coverages to save money. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. The goal is to buy a smart amount of coverage at the best cost, not the least amount of coverage.

Additional detailed information is located in these articles:

• Understanding Limits and Deductibles (Allstate)
• Vehicle Safety Ratings (iihs.org)
• Reducing Your Risks in a Car Crash Video (iihs.org)