2009 Lexus GS 450h Car Insurance Cost

Cutting costs on Driversauto insurance could be kind of frustrating for drivers who are beginners to online rate comparisons. With such a large number of agents and insurance companies available, it can turn into a difficult situation to find better prices.

How to lower your auto insurance cost

There are several ways to compare auto insurance prices but some are more efficient than others. You could spend your day discussing policy coverages with insurance agencies in your area, or you can stay home and use the internet to get pricing more quickly.

Many insurance companies belong to a marketplace that enables customers to enter their policy data once, and each participating company returns a competitive quote for coverage. This prevents consumers from doing form submissions to each individual auto insurance company.

To find out how much you’re overpaying now click here to open in new window.

The single downside to using this type of form is you can’t choose which insurance companies to get pricing from. So if you prefer to pick specific providers to receive pricing from, we have a listing of low cost auto insurance companies in your area. Click here to view list.

However you get your quotes, make absolute certain that you use equivalent coverage data on every quote. If you have different liability limits it’s impossible to truly determine the lowest rate. Even a minor difference in coverage limits could skew the results. And when comparing auto insurance rates, know that having more price comparisons helps improve the odds of finding more affordable insurance.

Get affordable car insurance quotes with discounts

Some companies don’t necessarily list every discount they offer in an easy-to-find place, so below is a list a few of the more well known and also the lesser-known credits available to you. If you do not check that you are getting every discount available, you are paying more than you should be.

  • Low Miles Discount – Low annual miles can earn better car insurancerates on cars that stay parked.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to use a seat belt can save up to 15% off PIP or medical payments premium.
  • Driver Education Discount – Have your child take driver’s ed class as it can save substantially.
  • Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can get savings of 20 to 30 percent.
  • Pay Early and Save – If you pay your entire premium ahead of time rather than paying monthly you can avoid monthly service charges.

One thing to note about discounts is that most discount credits are not given to the overall cost of the policy. The majority will only reduce individual premiums such as comprehensive or collision. Despite the appearance that it’s possible to get free car insurance, it’s just not the way it works.

A list of car insurance companies and a summarized list of policyholder discounts include:

  • Farm Bureau discounts include driver training, multi-policy, good student, renewal discount, multi-vehicle, and 55 and retired.
  • Liberty Mutual has savings for teen driver discount, newly retired, preferred payment discount, newly married, multi-policy, and hybrid vehicle.
  • State Farm offers premium reductions for driver’s education, safe vehicle, anti-theft, multiple autos, and defensive driving training.
  • Auto-Owners Insurance includes discounts for paid in full, student away at school, group or association, multiple vehicles, mature driver, and safe vehicle.
  • GEICO may include discounts for seat belt use, membership and employees, anti-lock brakes, air bags, emergency military deployment, multi-policy, and federal employee.
  • SAFECO policyholders can earn discounts including bundle discounts, teen safe driver, anti-lock brakes, drive less, anti-theft, teen safety rewards, and multi-car.

Double check with every insurance company which credits you are entitled to. Depending on the company, some discounts may not be available in every state. To see car insurance companies with the best discounts, click this link.

Tailor your insurance coverage to you

When buying coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Every situation is different.

For example, these questions might help in determining if you would benefit from an agent’s advice.

  • If I drive on a suspended license am I covered?
  • Am I insured when driving a different vehicle?
  • Why am I required to buy liability insurance?
  • Can I afford low physical damage deductibles?
  • Do I need PIP coverage since I have good health insurance?
  • Are rock chip repairs covered?

If you can’t answer these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form.

Parts of your auto insurance policy

Knowing the specifics of your policy aids in choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be impossible to understand and reading a policy is terribly boring.

Collision coverage

Collision coverage pays for damage to your GS 450h from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like backing into a parked car, crashing into a building, driving through your garage door and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Comprehensive protection

This pays for damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as falling objects, a tree branch falling on your vehicle, rock chips in glass and damage from a tornado or hurricane. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like rehabilitation expenses, pain medications, nursing services, prosthetic devices and doctor visits. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Normally these coverages are set the same as your liablity limits.

Liability

This coverage will cover damage that occurs to people or other property. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against things such as legal defense fees, structural damage and funeral expenses. How much liability should you purchase? That is up to you, but buy higher limits if possible.