Have you had enough of scraping nickels together to insure your Lexus every month? You have the same problem as many other Washington drivers.
A recent NerdWallet.com study revealed that over 70% of drivers have stayed with the same insurance company for at least the last four years, and almost 40% of drivers have never even compared rates from other companies. Seattle drivers could save themselves up to 40% a year, but they underestimate the rate savings if they switched.
You have multiple car insurance companies to purchase coverage from, and though it is a good thing to have a selection, more choices can make it harder to compare rates for Lexus IS 250 insurance in Seattle.
Quoting and comparing more affordable protection in Seattle is quite easy. In a nutshell, every vehicle owner who has to purchase insurance will be able to find better rates. Although Washington car owners need to learn how insurance companies determine premium rates and apply this information to your search.
To get affordable Lexus IS 250 insurance quotes, there a variety of ways of comparing price quotes from companies that offer auto insurance in Washington. The easiest way by far to lower the rate you pay for Lexus IS 250 insurance involves getting comparison quotes online.
It’s so fast and easy to compare quotes online that it makes it obsolete to drive around to all the different Seattle insurance agencies. The internet eliminates the need for an insurance agent unless you want the personal advice only provided by licensed Seattle agents. Although you can obtain prices from the web but have a local agent actually write the policy. Keep in mind that comparing more rates from different companies gives you a better chance of getting a lower rate. Not every company allows you to get price estimates online, so it’s important to compare price estimates from those companies as well.
The companies shown below have been selected to offer free rate quotes in Seattle, WA. If more than one company is shown, we recommend you click on several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|IS 250 4-Dr Sedan||$202||$412||$256||$16||$76||$962||$80|
|IS 250 AWD 4-Dr||$162||$302||$258||$16||$78||$816||$68|
|IS 250 C 2-Dr Convertible||$224||$474||$384||$22||$114||$1,218||$102|
|Get Your Own Custom Quote Go|
Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Washington minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Prices do not factor in your specific Seattle location which can raise or lower insurance rates greatly.
Physical damage deductibles
The diagram below illustrates how choosing a deductible and can impact Lexus IS 250 insurance prices for each age group. The premiums assume a single female driver, comp and collision included, and no policy discounts are applied.
How careless driving impacts car insurance rates
The illustration below demonstrates how traffic citations and at-fault accidents drive up Lexus IS 250 insurance costs for different age groups. The rates are based on a married male driver, full physical damage coverage, $250 deductibles, and no discounts are applied to the premium.
Men versus women drivers and insurance cost
The diagram below shows the comparison of Lexus IS 250 car insurance rates for male and female drivers. The premium estimates are based on no accidents or driving violations, full coverage, $500 deductibles, drivers are not married, and no other discounts are factored in.
Three reasons auto insurance is important
Despite the high insurance cost for a Lexus IS 250 in Seattle, insurance may be required and benefits you in several ways.
First, most states have mandatory liability insurance requirements which means state laws require a specific minimum amount of liability protection in order to drive the car. In Washington these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your IS 250 has a lien holder, it’s guaranteed your bank will have a requirement that you have full coverage to ensure they get paid if you total the vehicle. If you default on your policy, the bank will be required to insure your Lexus at a much higher premium rate and force you to reimburse them for it.
Third, insurance protects both your assets and your car. It will also provide coverage for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, your policy will pay all costs to repair after the deductible has been paid.
The benefits of having insurance greatly outweigh the cost, especially with large liability claims. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $825 a year so shop around once a year at a minimum to help ensure money is not being wasted.
Get discounts to get affordable Seattle car insurance quotes
Car insurance is not cheap, but companies offer discounts that many people don’t even know exist. Many discounts should be triggered at the time of quoting, but some need to be specifically requested before they will apply.
- Good Grades Discount – Being a good student can save 20 to 25%. The discount lasts well after school through age 25.
- New Car Discount – Putting coverage on a new IS 250 can save you some money because newer vehicles have to meet stringent safety requirements.
- No Claims – Insureds who avoid accidents and claims have much lower rates as opposed to bad drivers.
- Discount for Life Insurance – Larger companies have a small discount if you purchase some life insurance in addition to your auto policy.
- Active Military Service – Being on active duty in the military may lower your prices slightly.
As a sidenote, most of the big mark downs will not be given to all coverage premiums. Most only apply to the price of certain insurance coverages like comprehensive or collision. Even though it may seem like you would end up receiving a 100% discount, it just doesn’t work that way.
If you would like to choose from a list of insurance companies who offer car insurance discounts in Washington, click here to view.
Are insurance agents used anymore?
Some consumers would prefer to buy from a local agent and that can be a great decision The biggest benefit of getting free rate quotes online is you may find cheap insurance quotes and still choose a local agent. Supporting neighborhood agents is important particularly in Seattle.
To find an agent, once you fill out this quick form, your insurance data is transmitted to local insurance agents in Seattle that can give you free Seattle car insurance quotes for your insurance coverage. It makes it easy because there is no need to find an agent on your own because prices are sent immediately to you. You can find better rates and a licensed agent to work with. If you need to get a comparison quote from a specific insurance company, you just need to visit that company’s website and submit a quote form there.
Pick the best car insurance agent in Seattle for you
When finding a reliable insurance agent, it can be helpful to understand the different agency structures that you can select. Agents may be either independent agents or exclusive agents.
Independent Insurance Agents
Independent agents do not have single company limitations and that allows them to write policies through lots of different companies enabling the ability to shop coverage around. To move your coverage to a new company, the business is moved internally which makes it simple for you. When shopping rates, you definitely need to get quotes from multiple independent agents to get the best comparison.
Featured below is a short list of independent agents in Seattle that may be able to give competitive price quotes.
BGI Agency Network Inc
4634 E Marginal Way S C 140 – Seattle, WA 98134 – (206) 682-9990 – View Map
Propel Insurance: Marinkovich Stephen
925 4th Ave #3200 – Seattle, WA 98104 – (206) 676-4216 – View Map
431 15th Ave E – Seattle, WA 98112 – (206) 329-7447 – View Map
Exclusive Insurance Agents
Agents of this type write business for a single company and examples are State Farm, Allstate and AAA. Exclusive agencies are unable to compare rates from other companies so they are skilled at selling on more than just price. These agents are highly trained on their company’s products which helps them compete with independent agents.
Listed below is a short list of exclusive insurance agents in Seattle that are able to give comparison quotes.
Allstate Insurance: Josh Boender
4453 California Ave SW – Seattle, WA 98116 – (206) 932-2191 – View Map
Brian Chambers – State Farm Insurance Agent
3206 16th Ave W – Seattle, WA 98119 – (206) 285-3003 – View Map
Greg Nunn – State Farm Insurance Agent
200 Roy St #102 – Seattle, WA 98109 – (206) 284-9700 – View Map
Choosing an car insurance agent needs to be determined by more than just a low price. You should also get answers to these questions.
- Can you contact them at any time?
- If you have an accident, will your rates go up?
- Is the agent and/or agency licensed to do business in Washington?
- Do they prorate repair cost based on vehicle mileage?
- How much training do they have in personal risk management?
- Which family members are covered?
- Do the coverages you’re quoting properly cover your vehicle?
Your situation helps dictate your coverage
When buying proper insurance coverage, there is no perfect coverage plan. Your situation is unique.
For example, these questions can aid in determining if you may require specific advice.
- Do I need to call my car insurance company before buying a new car?
- How much can I save by bundling my policies?
- Can my teen driver be rated on a liability-only vehicle?
- How much coverage applies to personal belongings?
- What does medical payments cover?
- If I drive on a suspended license am I covered?
- What is the ISO rating for a Lexus IS 250?
If you don’t know the answers to these questions, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form.
A conclusion for your insurance search
Throughout this article, we presented quite a bit of information on how to save on Lexus IS 250 insurance in Seattle. The most important thing to understand is the more you quote Seattle car insurance, the better your comparison will be. Consumers may even find the best premium rates are with the least-expected company.
Consumers change insurance companies for any number of reasons including policy cancellation, policy non-renewal, high rates after DUI convictions or even delays in paying claims. Regardless of your reason for switching companies, choosing a new insurance company is pretty easy and you might even save some money in the process.
When shopping online for insurance, it’s a bad idea to buy poor coverage just to save money. There have been many cases where someone sacrificed comprehensive coverage or liability limits only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to buy a smart amount of coverage at an affordable rate.
To learn more, feel free to browse these articles:
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Who Has Cheap Seattle Car Insurance Rates for a Dodge Ram? (FAQ)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Alcohol Impaired Driving FAQ (iihs.org)