Looking for more competitive Lexus IS 300 insurance in Houston? Pricey Lexus IS 300 insurance in Houston can draw down your bank account and make it tough to pay other bills.
Unbelievably, nearly 70% of drivers have remained with the same insurance company for a minimum of four years, and roughly 40% of drivers have never shopped around. Texas drivers could save as much as 70% each year by just shopping around, but most tend to underestimate the amount of savings they would get if they switched. Due to the increasing number of choices for buying affordable insurance for a Lexus IS 300 in Houston, it is very difficult to find a more affordable insurance company.
This article will teach you how insurance works. If you currently have car insurance, you will definitely be able to get lower rates using the following tips. Comparison shoppers only have to learn how to compare rate quotes online from multiple companies.
Best Lexus IS 300 insurance rate quotes in Texas
The companies shown below offer comparison quotes in Houston, TX. If multiple companies are listed, we suggest you visit several of them to get the best price comparison.
You may qualify for discounts for Lexus IS 300 insurance in Houston
Insuring your vehicles can cost a lot, but you might already qualify for some discounts that could help you make your next renewal payment. A few discounts will automatically apply when you get a quote, but a few need to be requested specifically before they will apply.
- Telematics Devices – Drivers that enable their company to scrutinize their driving habits by using a telematic data system such as State Farm’s In-Drive may see discounts as long as the data is positive.
- Discounts for Cautious Drivers – Insureds without accidents can pay as much as 50% less than their less cautious counterparts.
- Fewer Miles Equal More Savings – Keeping the miles down on your Lexus can earn better rates on cars that stay parked.
- Save over 55 – Drivers that qualify as senior citizens can get a slight reduction on a Houston auto insurance quote.
- Theft Deterrent Discount – Cars and trucks that have factory anti-theft systems prevent vehicle theft and will save you 10% or more on IS 300 insurance in Houston.
Discounts reduce rates, but you should keep in mind that most discount credits are not given to the entire policy premium. Most only cut individual premiums such as comprehensive or collision. If you do the math and it seems like you could get a free car insurance policy, company stockholders wouldn’t be very happy. Any amount of discount will cut the cost of your policy.
For a list of companies that provide some of the discounts listed above in Houston, click this link.
Will just any policy work for me?
When buying your policy, there is no “best” method to buy coverage. Every insured’s situation is different.
For example, these questions could help you determine whether your personal situation could use an agent’s help.
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- Can I rent a car in Mexico?
- What is GAP insurance?
- When should I not file a claim?
- Where can I find high-risk insurance?
- Which companies will insure me after a DUI?
- Am I covered if hit by an uninsured driver?
- Does my personal policy cover me when driving out-of-state?
- Is rental equipment covered for theft or damage?
- Do I need more liability coverage?
If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It’s fast, free and may give you better protection.
You may need advice from a local insurance agent
Some consumers still like to buy from a local agent and that can be a great decision Professional agents are trained to spot inefficiencies and will help you if you have claims. The biggest benefit of comparing rate quotes online is the fact that drivers can get the lowest rates and still buy from a local agent. Buying from local insurance agencies is important especially in Houston.
To help locate an agent, after submitting this quick form, your information is immediately sent to local insurance agents in Houston that give free quotes for your coverage. There is no need to find an agent because prices are sent to your email. If you want to get a rate quote from a specific company, feel free to find their quoting web page and give them your coverage information.
Choose an insurance agent wisely
If you would like to find a good insurance agency, it’s helpful to know the different agency structures and how they differ in how they can insure your vehicles. Houston agents can be described as either exclusive or independent. Both sell affordable insurance policies, but it’s worth mentioning the subtle differences because it can impact your agent selection.
Independent agents are not restricted to one company so as a result can place your coverage with a variety of different insurance companies and possibly get better coverage at lower prices. If your agent finds better pricing, your agent can just switch to a different company and you don’t have to switch agencies.
When comparison shopping, we highly recommend that you compare prices from multiple independent agents to maximize your price options.
The following is a partial list of independent agencies in Houston who may be able to give you rate quotes.
Exclusive agents can only place business with one company like State Farm, AAA, and Liberty Mutual. They generally cannot compare other company’s rates so if the price isn’t competitive there isn’t much they can do. They are well schooled on their company’s products which aids in selling service over price.
The following are Houston exclusive insurance agents that can give you price quotes.
Allstate Insurance: Harris County Insurance Agency
13030 Woodforest Blvd b – Houston, TX 77015 – (713) 451-5716 – View Map
Deciding on an auto insurance agent should depend on more than just the bottom line cost. The following questions are important to ask.
- Where would your vehicle be repaired?
- Is the agency involved in supporting local community causes?
- Can you contact them at any time?
- Do they specialize in personal lines auto insurance in Houston?
- Do they receive special compensation for putting your coverage with one company over another?
- Do they carry Errors and Omissions coverage?
- When do they do a full risk review?
Truth in auto insurance advertising
Consumers can’t avoid all the ads that promise big savings for switching by companies like 21st Century, Allstate and State Farm. All the ads make the same claim that you’ll save big if you move to their company.
How does each company say the same thing? This is how they do it.
Most companies quote their best rates for the type of driver that will add to their bottom line. For example, a profitable insured may be a mature driver, has other policies, and drives a car with an anti-theft system. Anyone that fits those parameters is entitled to the best price and as a result will probably save if they switch.
Drivers who may not quite match this ideal profile may be required to pay a higher premium and ends up with business not being written. If you listen to the ad wording, they say “customers who switch” not “everybody who quotes” save money. That’s why insurance companies can confidently lure you into getting a quote.
This really illustrates why you absolutely need to quote coverage with many companies. Because you cannot predict the company that will provide you with the cheapest Lexus IS 300 insurance in Houston.
Car insurance coverages explained
Having a good grasp of car insurance helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.
Comprehensive or Other Than Collision
This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as damage from a tornado or hurricane, theft, fire damage, hail damage and damage from flooding. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Medical costs insurance
Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for nursing services, surgery, funeral costs and chiropractic care. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage
Auto liability insurance
This will cover damages or injuries you inflict on other’s property or people. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 30/60/25 which stand for a limit of $30,000 per injured person, a total of $60,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage pays for things like court costs, loss of income and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford. Texas state minimum liability requirements are 30/60/25 but you should think about purchasing more coverage.
Your UM/UIM coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many Texas drivers only purchase the least amount of liability that is required (Texas limits are 30/60/25), their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Usually these coverages do not exceed the liability coverage limits.
Collision insurance pays to fix your vehicle from damage caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as sustaining damage from a pot hole, backing into a parked car and hitting a mailbox. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible on your IS 300 to bring the cost down.
Compare. Compare. Compare.
Consumers switch companies for a variety of reasons including policy non-renewal, questionable increases in premium, high prices or denial of a claim. Regardless of your reason, switching auto insurance companies can be pretty painless.
In this article, we covered a lot of techniques to lower your Lexus IS 300 insurance car insurance rates in Houston. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even find the lowest car insurance rates come from a small mutual company.
Cost effective Lexus IS 300 insurance is attainable both online and from local insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some insurance providers do not offer online price quotes and usually these smaller companies only sell through local independent agents.
More tips and info about auto insurance can be found in these articles:
- Coverage Information (Progressive Insurance)
- Who Has Affordable Auto Insurance Quotes for a Ford Explorer in Houston? (FAQ)
- How Much is Houston Auto Insurance for Drivers Over Age 60? (FAQ)
- Who Has Affordable Houston Auto Insurance Quotes for Real Estate Agents? (FAQ)
- How Much are Auto Insurance Quotes for High Risk Drivers in Houston? (FAQ)
- How Much is Car Insurance for Retired Military in Houston? (FAQ)
- How Much are Car Insurance Quotes for Infrequent Drivers in Houston? (FAQ)
- Who Has Cheap Auto Insurance Rates for Safe Drivers in Houston? (FAQ)
- Who Has Affordable Car Insurance Quotes for First-time Drivers in Houston? (FAQ)
- What Insurance is Cheapest with Multiple Speeding Tickets in Houston? (FAQ)
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- What does Personal Injury Protection (PIP) Cover? (Allstate)