How to Save on Houston Lexus ES 350 Insurance

Trying to find cheaper Lexus ES 350 insurance in Houston? Are you at wits end from being strong-armed to make your auto insurance payment? You are in the same boat as millions of other drivers.

A recent auto insurance study revealed that most auto insurance buyers have remained with the same auto insurance company for a minimum of four years, and roughly 40% of drivers have never shopped around. Many consumers in Houston could save themselves almost $1,766 a year, but they underestimate the amount of money they would save if they switch to a new company.

With so many companies and agents to choose from, it can be diffult for people to pick the lowest price company.

Consumers need to price shop coverage on a regular basis since insurance prices are constantly changing. Despite the fact that you may have had the best deal on Lexus ES 350 insurance in Houston at your last renewal you can probably find a better rate quote now. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to the quickest way to find the best coverage while lowering your premiums.

Buying the best-priced policy in Houston is actually quite simple. Nearly every driver who buys auto insurance will buy a cheaper policy. But Texas vehicle owners do need to know how companies charge you for coverage and use this information to your advantage.

Auto insurance providers offering affordable prices in Texas

The companies shown below are our best choices to provide price comparisons in Texas. If multiple companies are listed, we suggest you visit as many as you can to get the best price comparison.

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Information does not factor in garaging location in Houston which can change premiums significantly.

Careless drivers pay higher rates

The chart below highlights how speeding tickets and fender-benders can raise Lexus ES 350 insurance costs for each different age group. The rates are based on a married female driver, comp and collision included, $500 deductibles, and no discounts are taken into consideration.

Choosing deductibles

When shopping for auto insurance, a common question is which deductibles should you choose. The data tables below can help you understand how much more you’ll pay when you choose different coverage deductibles. The first data set uses a $100 deductible for comprehensive and collision coverage and the second price chart uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Price information does not factor in garaging location in Houston which can raise or lower price quotes greatly.

Based on this data, using a $100 deductible would cost the average driver about $33 more each month or $396 every year than buying the higher $500 deductible. Because you would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you average more than 12 months between claim filings, you would probably be better off by going with a higher deductible. Here’s the way you can perform this determination yourself.

One important note is that raising deductibles results in having to pay to pay more out-of-pocket when you have a comprehensive or collision claim. That will necessitate enough money put aside in order to pay the deductible.

Six Things That Impact Your Insurance Prices

Many factors are used when you get your auto insurance bill. Some are pretty understandable like your driving record, but others are not quite as obvious like where you live or your vehicle rating. A large part of saving on auto insurance is knowing some of the things that come into play when calculating the price you pay for auto insurance. If you have some idea of what influences your rates, this allows you to make educated decisions that could help you find lower rates.

The items below are some of the factors auto insurance companies consider when setting prices.

Policy add-ons add up – There are quite a few optional add-on coverages you can purchase on your auto insurance policy. Coverages for coverage for rental cars, death and dismemberment, and extra equipment coverage are probably not needed. They may seem good when you first buy your policy, but if you have no use for them eliminate the coverages to reduce your premium.

Your location is important – Living in a rural area can be a good thing when talking about auto insurance. Less people translates into fewer accident claims and lower theft and vandalism rates. People in densely populated areas regularly have traffic congestion and longer commute times. More time on the road means more chance of being in an accident.

Prices can be impacted by your employer – Occupations like doctors, air traffic controllers, and stock brokers tend to have the highest average rates attributed to high stress levels and lengthy work days. Other jobs like professors, historians and performers get better rates.

Do women or men drive better? – Statistics demonstrate that women are safer drivers than men. Now that doesn’t mean females are better at driving than males. They both get in auto accidents in similar percentages, but males cause more damage. Men also tend to have more aggressive citations such as DWI and reckless driving. Youthful male drivers are most likely to cause an accident so they pay the highest premiums.

High physical damage deductibles cost less – Comp and collision deductibles define how much you are required to spend if you file a covered claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some examples of claims that would be covered could be colliding with a stationary object, fire damage, and having a roll-over accident. The more expense you have to pay, the lower your rates will be.

Drive lots and pay more – The higher the mileage driven in a year’s time the higher the price you pay to insure it. A lot of insurance companies apply a rate based upon how much you drive. Autos that are left in the garage qualify for better rates than those used for commuting. Make sure your auto insurance policy is showing the correct usage. Having an incorrect usage rating on your ES 350 is just wasting money.

Lexus ES 350 insurance loss data – Insurance companies study historical loss data to calculate a rate that will offset any claims. Models that are shown to have higher claim frequency or loss amount will cost more for specific coverages.

The next table illustrates the collected loss data for Lexus ES 350 vehicles. For each policy coverage, the statistical loss for all vehicles as a whole is considered to be 100. Values below 100 indicate better than average losses, while values over 100 point to more frequent losses or an increased probability of a larger loss.

You may qualify for discounts for Lexus ES 350 insurance in Houston

Some insurers don’t always list their entire list of discounts very clearly, so the following is a list of some of the more common in addition to some of the lesser obvious ways to save on car insurance.

• Student Driver Training – Have your child enroll and complete driver’s education as it can save substantially.
• Data Collection Discounts – Houston drivers who agree to allow data collection to look at their driving habits through the use of a telematics system like Allstate’s Drivewise could possibly reduce rates if they show good driving skills.
• ABS Brakes – Anti-lock brake equipped vehicles are much safer to drive and therefore earn up to a 10% discount.
• Discount for Life Insurance – Larger companies have a break if you buy some life insurance in addition to your auto policy.
• Organization Discounts – Being in a professional or civic organization could qualify you for a break when getting a Houston auto insurance quote.
• Defensive Driver – Passing a course in defensive driving is a good idea and can lower rates and also improve your driving technique.
• 55 and Retired – Mature drivers could receive a slight reduction on a Houston auto insurance quote.
• Claim Free – Drivers who don’t have accidents pay much less in comparison with insureds who have frequent claims or accidents.
• Switch and Save Discount – A few larger companies give discounts for switching to them before your current expiration date. It’s a savings of about 10%.
• Passenger Safety Discount – Vehicles with factory air bags may get savings of up to 25% or more.

Remember that most credits do not apply to the whole policy. Some only apply to the price of certain insurance coverages like medical payments or collision. So when it seems like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

To view insurers with the best discounts in Texas, follow this link.

Car insurance agents near you

Many people still like to buy from a local agent. A good thing about comparing rate quotes online is you may find lower rates and still have a local agent. And supporting local agents is definitely important in Houston.

To make it easy to find an agent, after completing this form (opens in new window), the quote information is submitted to agents in your area who will return price quotes for your business. There is no reason to contact an agency since price quotes are sent directly to your email. You’ll get the best rates without having to waste a lot of time. If you need to compare rates from a specific insurance company, you just need to jump over to their website and give them your coverage information.

Choose the right auto insurance agent

If you prefer to buy insurance from a reliable insurance agency, there are two different types of agents and how they function. Insurance policy providers are considered either exclusive agents or independent agents.

Independent Insurance Agents

These agents often have many company appointments so they can insure your vehicles with an assortment of companies and possibly get better coverage at lower prices. If they find a cheaper price, the business is moved internally which makes it simple for you.

If you are comparing insurance prices, it’s recommended you get insurance quotes from independent agents to have the best price comparison.

Below is a list of independent agencies in Houston who may provide pricing information.

View more Houston agents

Exclusive Insurance Agencies

These agents can usually just insure with one company such as Allstate, State Farm and Farm Bureau. Exclusive agents cannot compare rates from other companies so keep that in mind. Exclusive agents receive a lot of sales training on the products they sell and that enables them to sell even at higher rates.

Listed below is a list of exclusive insurance agencies in Houston willing to provide comparison quotes.

View more Houston agents

Finding the right car insurance agent requires more thought than just the quoted price. These are some questions your agent should answer.

• Do they have cheaper tiers of coverage?
• What insurance companies do they work with in Houston?
• Do they get paid more for recommending certain coverages?
• How long have they been in business?
• What insurance companies do they recommend if they are an independent agent?
• How much can you save by raising your physical damage deductibles?

After talking to the agent and getting answers to your satisfaction and an acceptable price quote, you have narrowed it down to an insurance agency that will service your policy. Just be aware that you can terminate coverage whenever you want so never assume that you’re stuck with the insurance policy for any length of time.

When to get professional advice

Always keep in mind that when comparing a policy for your personal vehicles, there really isn’t a “best” method to buy coverage. You are unique and your car insurance should be unique as well.
For example, these questions may help highlight if your insurance needs may require specific advice.

• Is my nanny covered when driving my vehicle?
• Does my Lexus ES 350 need full coverage?
• I have good health insurance, so how much medical payments coverage do I need?
• Are my tools covered if they get stolen from my vehicle?
• Can I cancel at any time?
• What are the financial responsibility laws in my state?
• Why do I need rental car insurance?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Do I need replacement cost coverage on my Lexus ES 350?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

You can lower your auto insurance rates

We just showed you many ways to find lower-cost Lexus ES 350 insurance in Houston. It’s most important to understand that the more quotes you get, the better likelihood of getting low cost Houston auto insurance quotes. Consumers may even find the biggest savings come from a smaller regional carrier. Regional companies may have significantly lower prices on certain market segments than the large multi-state companies such as Progressive and GEICO.

While you’re price shopping online, do not skimp on critical coverages to save a buck or two. In many instances, someone sacrificed collision coverage only to discover later that the savings was not a smart move. The proper strategy is to purchase a proper amount of coverage at the best possible price and still be able to protect your assets.

To read more, link through to the resources below:

• Comprehensive Coverage (Liberty Mutual)
• Who Has the Cheapest Auto Insurance for a Hyundai Elantra in Houston? (FAQ)
• Side Impact Crash Tests (iihs.org)
• Older Driver Statistics (Insurance Information Institute)