Best Insurance for a Lexus IS 350 in Corpus Christi

It goes without saying that insurance companies don’t want you to look at other companies. People who shop around for cheaper price quotes will, in all likelihood, switch companies because they have good chances of finding a lower rate. A recent insurance study discovered that people who compared rate quotes regularly saved over $70 a month compared to drivers who didn’t regularly shop around.

If finding the lowest rates on Lexus IS 350 insurance is your ultimate target, then having a grasp of how to quote and compare coverages can make it simple to find affordable coverage.

Truthfully, the best way to find affordable quotes for Lexus IS 350 insurance is to regularly compare prices from different companies in Corpus Christi.

1. Read about how insurance works and the things you can control to prevent high rates. Many things that result in higher prices like traffic violations, accidents, and a low credit rating can be improved by making small lifestyle or driving habit changes.
2. Request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like GEICO and State Farm, while independent agents can quote rates from multiple sources.
3. Compare the price quotes to your current policy to determine if switching companies saves money. If you find a better price, make sure coverage does not lapse between policies.

A key point to remember is to use similar limits and deductibles on each quote and and to get rates from as many auto insurance providers as possible. Doing this enables a fair price comparison and many rates to choose from.

The goal of this article is to introduce you to how to get online quotes and some money-saving tips. If you already have coverage, you will most likely be able to get lower rates using this strategy. Although Texas consumers can benefit from knowing the way insurance companies sell insurance online because rates fluctuate considerably.

Companies offering cheap Lexus IS 350 prices in Corpus Christi, TX

The companies in the list below can provide free rate quotes in Texas. If your goal is to find the best auto insurance in Corpus Christi, we recommend you visit several of them to find the most competitive car insurance rates.

Insurance data for a Lexus IS 350

The rate information displayed next showcases estimates of rate quotes for Lexus IS 350 models. Understanding how rate quotes are calculated can help customers make smart policy decisions.

Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Premium costs do not factor in garaging location in Corpus Christi which can impact auto insurance rates noticeably.

Analysis of deductible levels

One common question asked by Corpus Christi drivers is how high should the physical damage deductibles be. The following insurance rates may help to conceptualize the difference in cost between low and high policy deductibles. The first rate estimation uses a $100 physical damage deductible and the second set of rates uses a $500 deductible.

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

Using the premium rates above, we can conclude that using a $100 deductible will cost you roughly $34 more each month or $408 each year than selecting the higher $500 deductible. Since you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 12 months between claim filings, you would probably come out ahead if you choose the higher deductible.

Safe drivers pay less for insurance

The example below highlights how speeding tickets and at-fault accidents can affect Lexus IS 350 premium costs for different ages of insureds. The rates are based on a single male driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.

Comparison of full coverage and liability-only policies

The information below shows the comparison of Lexus IS 350 insurance rates with full physical damage coverage compared to only buying liability only. The information is based on no claims or driving citations, $500 deductibles, single status, and no discounts are factored in.

When to eliminate full coverage

There is no exact rule to drop physical damage insurance, but there is a broad guideline. If the yearly cost for physical damage coverage is more than about 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Lexus IS 350 claim settlement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would receive is $3,000 after you pay the deductible. If you are paying more than $300 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some circumstances where only buying liability is not recommended. If you still have a lienholder on your title, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.

Take these eight policy discounts and save on Lexus IS 350 insurance in Corpus Christi

Insuring your fleet can be pricey, but you might find some hidden discounts that can drop the cost substantially. Larger premium reductions will be automatically applied at the time of quoting, but some may not be applied and must be specially asked for before you get the savings.

• Anti-theft System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen with less frequency and earn discounts up to 10% off your Corpus Christi auto insurance quote.
• Fewer Miles Equal More Savings – Low mileage vehicles may allow you to get discounted rates on garaged vehicles.
• E-sign – A few larger online companies provide a small discount for completing your application over the internet.
• Savings for New Vehicles – Buying a new car model can get you a discount since new vehicles are generally safer.
• Memberships – Belonging to qualifying employment or professional organizations could earn you a nice discount on auto insurance.
• Air Bags and Passive Restraints – Vehicles with factory air bags or automatic seat belts may earn rate discounts of 20 to 30 percent.
• Seat Belts Save – Requiring all passengers to wear their seat belts can save up to 15% off PIP or medical payments premium.
• Sign Early and Save – A few auto insurance companies allow discounts for buying a policy before your current IS 350 insurance policy expires. You could save around 10% when you buy Corpus Christi auto insurance online.

Keep in mind that some of the credits will not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like medical payments or collision. Despite the appearance that having all the discounts means you get insurance for free, auto insurance companies aren’t that generous.

The example below shows the comparison of Lexus IS 350 insurance rates with and without discounts applied to the policy premium. The premiums assume a male driver, a clean driving record, no at-fault accidents, Texas 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 safe-driver, homeowner, marriage, multi-policy, claim-free, and multi-car discounts applied.

A list of companies and a summarized list of policyholder discounts are included below.

• American Family has savings for air bags, good student, bundled insurance, accident-free, defensive driver, and multi-vehicle.
• State Farm includes discounts for good student, passive restraint, multiple autos, good driver, anti-theft, multiple policy, and accident-free.
• 21st Century offers discounts for good student, theft prevention, automatic seat belts, teen driver, and defensive driver.
• Travelers discounts include payment discounts, early quote, good student, hybrid/electric vehicle, IntelliDrive, and multi-policy.
• GEICO policyholders can earn discounts including daytime running lights, emergency military deployment, membership and employees, defensive driver, and federal employee.

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Depending on the company, some discounts might not be available to policyholders in Corpus Christi. If you would like to see a list of companies with discount rates in Texas, click this link.

When to contact an agent

A lot of people would prefer to buy from a licensed agent and often times that is recommended One of the best bonuses of getting online price quotes is the fact that you can find cheap insurance rates and still buy from a local agent. Buying from local insurance agents is important especially in Corpus Christi.

By using this simple form, the coverage information is submitted to local insurance agents who want to provide quotes and help you find cheaper coverage. You don’t have to search for an agent as quotes are delivered to you directly. Get lower rates AND a local agent. In the event you want to get a comparison quote from a specific insurance company, just jump over to their website and fill out the quote form the provide.

If you want to use a local Corpus Christi insurance agent, it helps to know the two types of insurance agents that you can select. Agencies in Corpus Christi are classified as either independent agents or exclusive agents.

Independent Agencies or Brokers

These agents are not locked into one company and that allows them to write policies with any number of different companies and find you cheaper rates. To move your coverage to a new company, they simply move your policy to a different company and you don’t have to find a new agent.

If you are trying to find cheaper rates, it’s recommended you compare prices from multiple independent agents to get the best comparison.

Below is a partial list of independent agencies in Corpus Christi who may be able to give you rate quotes.

More Corpus Christi agents

Exclusive Insurance Agents

Exclusive insurance agents write business for a single company and some examples include Farmers Insurance or State Farm. They are unable to place coverage with different providers so always compare other rates. They are well schooled on sales techniques which helps them compete with independent agents.

Below is a list of exclusive agents in Corpus Christi that can give you comparison quotes.

More Corpus Christi agents

Choosing a car insurance agent requires more thought than just a cheap price quote. These are valid questions to ask:

• Do they offer claims assistance after hours?
• Where would your vehicle be repaired?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Does the agency have a good rating with the Better Business Bureau?
• Do they offer rental car reimbursement?
• Does the company use OEM repair parts?

Corpus Christi auto insurance companies

Choosing a high-quality car insurance company is hard considering how many companies there are to choose from in Corpus Christi. The information in the lists below can help you choose which companies to look at shopping your coverage with.

Top 10 Corpus Christi Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

What is the best car insurance coverage?

When choosing the best car insurance coverage, there isn’t really a one-size-fits-all type of policy. Everyone’s situation is a little different.

Here are some questions about coverages that might help in determining whether your personal situation might need an agent’s assistance.

• Am I covered when driving on a suspended license?
• Why do I only qualify for high-risk insurance?
• Does my medical payments coverage pay my health insurance deductible?
• When should my teen driver be added to my policy?
• Where can I get insurance after a DUI in Texas?
• Does medical payments coverage apply to all occupants?
• What is motorclub and do I need it?

If you can’t answer these questions, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form.

Insurance coverage options for a Lexus IS 350

Knowing the specifics of insurance can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement.

Insurance for medical payments

Med pay and PIP coverage pay for expenses for ambulance fees, doctor visits, pain medications and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and damage to your Lexus IS 350.

Because many people have only the minimum liability required by law (which is 30/60/25), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time these coverages do not exceed the liability coverage limits.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like damage from a tornado or hurricane, falling objects and vandalism. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability

Liability insurance will cover damage or injury you incur to people or other property that is your fault. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 30/60/25 that means you have a $30,000 limit per person for injuries, a limit of $60,000 in injury protection per accident, and property damage coverage for $25,000. Occasionally you may see a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things like attorney fees, bail bonds, repair costs for stationary objects, medical expenses and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible. Texas requires minimum liability limits of 30/60/25 but drivers should carry more liability than the minimum.

The chart below demonstrates why the minimum limit may not be high enough to adequately cover claims.

Coverage for collisions

Collision coverage pays for damage to your IS 350 caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as driving through your garage door, scraping a guard rail, hitting a mailbox, sustaining damage from a pot hole and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible on your IS 350 in order to get cheaper collision rates.

Lower rates by being persistent

Low-cost Lexus IS 350 insurance in Corpus Christi can be sourced online in addition to many Corpus Christi insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies don’t offer price quotes online and usually these regional carriers prefer to sell through local independent agents.

Consumers who switch companies do it for many reasons like extreme rates for teen drivers, lack of trust in their agent, being labeled a high risk driver or not issuing a premium refund. It doesn’t matter what your reason, finding the right auto insurance provider is actually quite simple.

When getting Corpus Christi auto insurance quotes online, make sure you don’t buy lower coverage limits just to save a few bucks. In many cases, an insured dropped physical damage coverage and learned later that it was a big error on their part. Your objective should be to buy enough coverage at the best possible price, but do not sacrifice coverage to save money.

More resources

• Electronic Stability Control FAQ (iihs.org)
• Who Has the Cheapest Auto Insurance for a Nissan Rogue in Corpus Christi? (FAQ)
• Who Has Cheap Corpus Christi Car Insurance for a Toyota Camry? (FAQ)
• Who Has the Cheapest Auto Insurance Quotes for a Ford Fusion in Corpus Christi? (FAQ)
• What if I Can’t Find Coverage? (Insurance Information Institute)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Vehicle Size and Weight FAQ (iihs.org)
• Distracted Driving Extends Beyond Texting (State Farm)