Lexus GS 350 Insurance Rate Quotes in San Francisco

Insurance quote for Lexus GS 350 in San FranciscoAre you looking for a better way to compare more affordable Lexus GS 350 insurance in San Francisco? Shopping for more affordable San Francisco Lexus GS 350 insurance quotes on the web can appear to be somewhat intimidating for drivers that are relatively new to comparing prices on the internet. Because there are so many insurers to choose from, how are we expected to have time to compare the different rates to find the lowest price available?

Unfortunately, a large majority of drivers kept their coverage with the same car insurance company for well over three years, and almost 40% of drivers have never even shopped around for lower-cost coverage. California drivers could pocket $470 a year, but most just don’t grasp the amount of money they would save if they switched to a more affordable policy.

You need to do price comparisons on a regular basis because insurance prices tend to go up over time. Even if you got the best deal on Lexus GS 350 insurance in San Francisco two years ago other companies may now be cheaper. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to one of the easiest ways to find great coverage at a great price.

Car insurance discounts help lower rates for Lexus GS 350 insurance in San Francisco

Some companies do not list the entire discount list in a way that’s easy to find, so the following list contains both the well known and also the more inconspicuous credits available to bring down your rates. If you do not check that you are getting every discount you qualify for, you are not getting the best rate possible.

Discounts lower rates, but many deductions do not apply to your bottom line cost. A few only apply to individual premiums such as comp or med pay. If you do the math and it seems like you would end up receiving a 100% discount, you won’t be that lucky.

The illustration below shows the difference between Lexus GS 350 auto insurance costs with and without discounts applied to the policy rates. The costs are based on a male driver, no violations or accidents, California state minimum liability limits, full physical damage 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, claim-free, multi-policy, homeowner, and multi-car discounts applied.

The best car insurance companies and a selection of discounts are:

Before purchasing a policy, check with every company the best way to save money. Some discounts listed above might not be offered in San Francisco. If you would like to choose from a list of providers who offer car insurance discounts in San Francisco, click this link.

Most companies allow consumers to get prices directly from their websites. Comparing prices online for Lexus GS 350 insurance in San Francisco is very simple as all you need to do is type in your required coverages on the page. After the form is submitted, the quote system will obtain your driving and credit reports and generates pricing information based on these factors.

Getting online rate quotes for Lexus GS 350 insurance in San Francisco simplifies rate comparisons, and it’s also necessary to perform this step if you want to get lower-cost car insurance pricing.

To compare rates now, compare rates from the companies below. If you have your current policy handy, we recommend you copy the insurance coverages exactly as they are listed on your policy. Doing this assures you are getting a rate comparison based on the exact same insurance coverage.

The following companies are ready to provide free quotes in California. If the list has multiple companies, we recommend you get prices from several of them to get the cheapest price.

Insurance statistics and figures

The rate table displayed below covers a range of coverage prices for Lexus GS 350 models. Having a good understanding how insurance prices are formulated is important for you to make smart choices when buying a policy.

Lexus GS 350 Insurance Rates in San Francisco, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 350 $302 $490 $492 $30 $148 $1,462 $122
GS 350 AWD $334 $556 $492 $30 $148 $1,560 $130
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Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can revise rates substantially.

Rate comparison for different deductibles

When comparing insurance rates, the most common question is which comprehensive and collision deductibles to buy. The rates shown below show the rate differences when you choose different policy deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second set of rates uses a $1,000 deductible.

Lexus GS 350 insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 350 $430 $780 $376 $22 $112 $1,745 $145
GS 350 AWD $474 $882 $376 $22 $112 $1,891 $158
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Lexus GS 350 insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 350 $266 $490 $376 $22 $112 $1,266 $106
GS 350 AWD $292 $556 $376 $22 $112 $1,358 $113
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Information does not factor in vehicle garaging location which can modify premium rates noticeably.

We can estimate from the data above that using a $250 deductible will cost in the ballpark of $42 more each month or $504 for a full year than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 18 months between claim filings, you would probably come out ahead going with the higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $250 deductibles: $152
Average monthly premium for $1,000 deductibles (subtract): – $110
Monthly savings from raising deductible: $42
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $42
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 18 months

The illustration below shows how different deductible levels and can raise or lower Lexus GS 350 insurance costs for different age groups. The premiums assume a single female driver, full physical damage coverage, and no discounts are factored in.

Violations and accidents raise rates

The information below shows how speeding tickets and at-fault collisions can impact Lexus GS 350 auto insurance costs for different age groups. The rates are based on a married male driver, comp and collision included, $100 deductibles, and no other discounts are factored in.

Full coverage rates vs. liability-only

The example below compares Lexus GS 350 insurance rates with full coverage and liability only. The data is based on no claims, a clean driving record, $500 deductibles, single marital status, and no discounts are factored in.

When to eliminate full coverage

There is no clear-cut rule that is best for determining when to drop physical damage coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is 10% or more of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s assume your Lexus GS 350 replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $3,000 after paying your deductible. If it’s costing in excess of $300 a year for comprehensive and collision coverage, then it might be time to buy liability only.

There are some scenarios where eliminating full coverage is not financially feasible. If you still owe money on your vehicle, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should maintain full coverage.

What Impacts Lexus GS 350 Insurance Costs?

Consumers need to have an understanding of some of the elements that help calculate your premiums. If you understand what positively or negatively impacts your premiums, this allows you to make educated decisions that will entitle you to big savings.

Pay more if you have a long commute – Being located in a small town can be a good thing if you are looking for the lowest rates. People in densely populated areas regularly have more aggressive driving styles and a longer drive to work. Lower population corresponds to lower accident rates in addition to fewer liability claims.

Annual mileage and car insurance rates – The higher the miles on your Lexus in a year’s time the more you’ll pay to insure it. Many insurance companies calculate prices based on their usage. Cars and trucks that have low annual miles can be on a lower rate level than vehicles that are driven to work every day. It’s a smart idea to ensure your declarations sheet correctly shows the correct usage. A policy that improperly rates your GS 350 is just wasting money.

Raise your physical damage deductibles for better rates – Physical damage deductibles tell how much you are willing to pay out-of-pocket before your car insurance pays a claim. Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some instances where coverage would apply are collision with another vehicle, vandalism, and having a roll-over accident. The more the insured is willing to pay, the less your company will charge you for insurance.

If you don’t need it don’t buy it – There are a ton of extra coverages that you can buy on your car insurance policy. Add-on coverages like roadside assistance, accidental death, and additional equipment coverage are probably not needed. These may sound like a good investment when buying your policy, but your needs may have changed so eliminate the coverages to reduce your premium.

Tough job may mean higher prices – Did you know your car insurance rates can be affected by your occupation? Occupations like doctors, business owners, and miners tend to have the highest average rates due to intense work situations and lots of time spent away from family. Conversely, jobs like scientists, engineers and retirees have lower than average premiums.

Premiums drop with age – More experienced drivers are shown to be more cautious, file fewer claims, and tend to be get fewer driving tickets. Youthful drivers are statistically proven to be more careless with other occupants in the car so they pay higher car insurance rates.

The data below uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.

Lexus GS 350 historical loss data – Insurers analyze historical claim data in order to profitably underwrite each model. Vehicles that historically have higher loss trends will have increased rates. The next table illustrates the compiled insurance loss statistics for Lexus GS 350 vehicles.

For each insurance policy coverage type, the claim probability for all vehicles, regardless of manufacturer or model, equals 100. Numbers under 100 suggest a positive loss record, while percentages above 100 indicate a higher chance of having a claim or a tendency for claims to be larger.

Lexus GS 350 Insurance Claim Statistics
Specific Lexus Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Lexus GS 350 4dr 2WD 160 78 190 81 107 79
Lexus GS 350 4dr 4WD 169 90 217 91 85 68

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Which policy gives me the best coverage?

When quoting and choosing the best auto insurance coverage for your personal vehicles, there is no one size fits all plan. Every insured’s situation is different.

For instance, these questions might point out if your situation may require specific advice.

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Insurance agents can help

A small number of people still prefer to sit down and talk to an agent and doing that can be a smart decision One of the benefits of comparing insurance prices online is that you can obtain better rates and still have an agent to talk to.

Insurance agency in San FranciscoFor easy comparison, once you complete this short form, your coverage information is emailed to agents in your area that give free quotes to get your business. There is no need to search for an agent because prices are sent instantly to you. You can find lower rates without the usual hassles of price shopping. In the event you want to compare prices from a specific company, just search and find their rate quote page and fill out their quote form.

Selecting a company requires you to look at more than just a cheap quote. Here are some questions you might want to ask.

When finding an insurance agent, it can be helpful to understand the different agency structures and how they are distinctly different. Insurance agencies may be either independent or exclusive depending on the company they work for.

Exclusive Agencies

Agents that elect to be exclusive can only write with one company and examples are State Farm, Allstate, and Farm Bureau. They generally cannot provide prices from multiple companies so they are skilled at selling on more than just price. They are well trained on their company’s products which helps offset the inability to provide other markets. Consumers frequently use the same agent partially due to the brand name and the convenience of having all coverages with one company.

Below is a short list of exclusive agencies in San Francisco who can help you get rate quotes.

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Independent Insurance Agents

Agents that choose to be independent are not required to write business for one company so they have the ability to put coverage amongst many companies and find you the best rates. If they quote lower rates, they can switch companies in-house and you don’t have to switch agencies.

When comparison shopping, it’s recommended you compare quotes from a couple of independent agencies to have the most options to choose from. A lot of them also have access to different regional companies which may provide better rates.

Below is a short list of independent insurance agencies in San Francisco willing to provide rate quotes.

More insurance agents

Protect your vehicle and other assets

Despite the potentially high cost of Lexus GS 350 insurance, maintaining insurance may be mandatory for several reasons.

The benefits of buying car insurance more than cancel out the cost, particularly when you have a large claim. The average driver in California overpays more than $825 a year so it’s very important to do a rate comparison at every renewal to ensure rates are competitive.

More comparisons equals cheap rates

Consumers who switch companies do it for a number of reasons such as unfair underwriting practices, high prices, being labeled a high risk driver and even delays in paying claims. Regardless of your reason for switching companies, finding the right car insurance provider is not as hard as you think.

As you quote San Francisco car insurance, don’t be tempted to sacrifice coverage to reduce premiums. There are a lot of situations where someone dropped liability limits or collision coverage only to discover later they didn’t purchase enough coverage. Your focus should be to buy the best coverage you can find for the lowest cost.

In this article, we presented some good ideas how to compare Lexus GS 350 insurance premium rates in San Francisco. The key thing to remember is the more price quotes you have, the higher the chance of saving money. You may even be surprised to find that the best premium rates are with a small mutual company.

How to find better rates for Lexus GS 350 insurance in San Francisco

If saving money is your primary concern, then the best way to get the cheapest car insurance rates in San Francisco is to annually compare prices from insurers who provide auto insurance in California. Price quotes can be compared by completing these steps.

Step 1: Try to understand how car insurance works and the measures you can control to keep rates down. Many rating criteria that cause rate increases like multiple speeding tickets and a negative credit history can be eliminated by improving your driving habits or financial responsibility.

Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from a single company like GEICO and State Farm, while independent agencies can give you price quotes from multiple sources.

Step 3: Compare the new rates to your existing coverage to determine if switching companies saves money. If you find better rates, make sure coverage is continuous and does not lapse.

Step 4: Notify your company or agent of your intent to cancel your current car insurance policy. Submit a completed application and payment to the new insurer. Once coverage is bound, keep your new proof of insurance paperwork with your registration paperwork.

A good tip to remember is that you’ll want to compare the same liability limits and deductibles on each quote request and and to get rate quotes from as many companies as possible. This provides a level playing field and plenty of rates choose from.

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