It’s an obvious conclusion that car insurance companies don’t want their policyholders to compare prices. Consumers who shop around for the cheapest price are likely to move their business because there is a high probability of finding a more affordable policy premium. A study showed that people who compared rate quotes regularly saved about $865 a year compared to drivers who never shopped around.
If saving the most money on car insurance is your ultimate target, then learning about how to get free comparison quotes and analyze insurance can save money and time.
It takes a few minutes, but the best way to get budget Lexus IS 350 insurance is to compare quotes annually from insurers who provide auto insurance in Pittsburgh. Drivers can shop around by following these guidelines.
Step 1: Learn about how auto insurance works and the measures you can take to prevent expensive coverage. Many factors that increase rates such as at-fault accidents and poor credit can be eliminated by making minor changes in your lifestyle. Keep reading for additional ideas to help reduce premium rates and find discounts that you may qualify for.
Step 2: Request rate estimates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from a single company like Progressive or Farmers Insurance, while independent agents can quote prices from multiple companies.
Step 3: Compare the new rate quotes to your current policy premium and see if there is a cheaper rate. If you can save some money and buy the policy, make sure there is no lapse in coverage.
Step 4: Provide adequate notice to your current company of your decision to cancel the current policy. Submit payment and a signed application to your new company or agent. Immediately keep your new certificate verifying coverage in your vehicle.
One important bit of advice is to compare similar deductibles and liability limits on every quote and and to get rate quotes from all possible companies. This guarantees a fair rate comparison and the best price quote selection.
The easiest way to compare rate quotes for Lexus IS 350 insurance in Pittsburgh is to know the trick car insurance companies will pay a fee to quote your coverage. The only thing you need to do is take a few minutes to give details including your credit rating estimate, whether or not you need a SR-22, the make and model of your vehicles, and what your job is. Your insurance information is instantly sent to multiple companies and they return cost estimate instantly.
To compare multiple company cheap Lexus IS 350 insurance rates now, click here and complete the form.
The auto insurance companies shown below can provide price quotes in Pittsburgh, PA. In order to find the best car insurance in Pittsburgh, we suggest you visit several of them to get a more complete price comparison.
Cheap Lexus IS 350 insurance rates in Pittsburgh
Auto insurance is expensive, but you may find discounts that can drop the cost substantially. A few discounts will automatically apply at the time you complete a quote, but a few need to be specially asked for prior to receiving the credit.
- Good Grades Discount – Being a good student may save as much as 25% on a Pittsburgh auto insurance quote. Earning this discount can benefit you well after school through age 25.
- Theft Deterrent System – Anti-theft and alarm system equipped vehicles help deter theft and will save you 10% or more on IS 350 insurance in Pittsburgh.
- Seat Belts Save – Buckling up and requiring all passengers to buckle their seat belts can save a little off the medical payments premium.
- Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education as it will make them better drivers and lower rates.
- Pittsburgh Homeowners Discount – Owning a home in Pittsburgh can help you save on auto insurance since owning and maintaining a home shows financial diligence.
Keep in mind that some credits don’t apply to your bottom line cost. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. Even though it may seem like you would end up receiving a 100% discount, you aren’t that lucky.
The illustration below shows the difference between Lexus IS 350 auto insurance costs with and without discounts applied to the policy rates. The information is based on a male driver, a clean driving record, no at-fault accidents, Pennsylvania state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, homeowner, multi-policy, marriage, and safe-driver discounts applied.
Popular auto insurance companies and a partial list of their discounts are outlined below.
- State Farm offers discounts for multiple autos, safe vehicle, passive restraint, Steer Clear safe driver discount, multiple policy, anti-theft, and defensive driving training.
- Progressive may include discounts for online quote discount, good student, multi-policy, online signing, homeowner, and multi-vehicle.
- Progressive includes discounts for homeowner, good student, online quote discount, online signing, and multi-vehicle.
- MetLife has discounts for accident-free, good student, claim-free, multi-policy, defensive driver, and good driver.
- Farm Bureau has savings for multi-policy, multi-vehicle, safe driver, 55 and retired, driver training, youthful driver, and renewal discount.
- GEICO policyholders can earn discounts including multi-vehicle, federal employee, good student, defensive driver, emergency military deployment, five-year accident-free, and membership and employees.
- SAFECO may have discounts that include anti-theft, safe driver, anti-lock brakes, teen safe driver, and homeowner.
Check with every prospective company which credits you are entitled to. Savings may not be available in Pittsburgh. If you would like to choose from a list of insurance companies with the best Lexus IS 350 insurance discounts in Pittsburgh, follow this link.
Insurance coverage analysis
The coverage table displayed below showcases estimates of insurance costs for Lexus IS 350 models. Being aware of how insurance premiums are established is important for making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 350 4-Dr Sedan | $346 | $680 | $336 | $20 | $100 | $1,482 | $124 |
| IS 350 C 2-Dr Convertible | $346 | $680 | $336 | $20 | $100 | $1,482 | $124 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Rates do not factor in garaging location in Pittsburgh which can raise or lower premiums greatly.
The information below illustrates how your deductible choice and can raise or lower Lexus IS 350 insurance prices for each age group. The information is based on a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Driving violations and accidents
The diagram below illustrates how speeding tickets and at-fault claims raise Lexus IS 350 insurance premiums for different ages of insureds. The price estimates are based on a single male driver, comp and collision included, $1,000 deductibles, and no discounts are applied.
Cost difference between full coverage and liability
The illustration below compares Lexus IS 350 car insurance costs when comparing full coverage to state minimum liability only. Data assumes a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are applied to the premium.
Should you pay for full coverage or liability only?
There is no exact rule of when to drop full coverage, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let’s assume your Lexus IS 350 claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $4,000 after the policy deductible has been paid. If premiums are more than $400 a year for physical damage coverage, then you may want to consider only buying liability coverage.
There are some circumstances where only buying liability is not a good plan. If you still owe a portion of the original loan, you have to maintain full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not buy liability only.
What is the best auto insurance company in Pittsburgh?
Finding a good quality car insurance provider can be difficult considering how many companies there are to choose from in Pennsylvania. The company rank data below may help you decide which insurers to look at comparing rate quotes with.
Top 10 Pittsburgh Car Insurance Companies Ranked by Claims Service
- Progressive
- USAA
- Liberty Mutual
- State Farm
- GEICO
- Titan Insurance
- Nationwide
- Allstate
- The General
- 21st Century
Top 10 Pittsburgh Car Insurance Companies Overall
- The General
- Titan Insurance
- The Hartford
- Progressive
- Travelers
- State Farm
- Farmers Insurance
- Erie Insurance
- Safeco Insurance
- USAA
Smart Choices Result in Lower Insurance Premiums
Consumers need to have an understanding of a few of the rating criteria that are used to determine the price you pay for car insurance. When you know what positively or negatively positively or negatively impacts your premiums, this enables informed choices that could result in better car insurance rates.
Listed below are some of the major factors utilized by car insurance companies to help set premiums.
Gender and insurance coverage premiums – Statistics show that females tend to be a little less risky than males. The data does not necessarily mean that men are worse drivers. Both genders cause accidents at a similar rate, but the males cause more damage. In addition to higher claims, males also receive more major tickets such as reckless driving.
The illustration below illustrates the difference between Lexus IS 350 auto insurance rates for male and female drivers. The information is based on no claims or violations, comprehensive and collision coverage, $250 deductibles, single marital status, and no discounts are factored in.
Lower rates with a multi-policy discount – Most companies give discounts to clients who carry more than one policy. It’s known as a multi-policy discount. Even though this discount sounds good, it’s always a smart idea to compare other company rates to help ensure you have the lowest rates. Drivers may still save even more than the discount by buying insurance from more than one company.
Better car insurance rates with anti-theft devices – Buying a car with anti-theft technology or alarm system can help lower your rates. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help stop vehicle theft.
Safeguard your assets with liability – Your policy’s liability coverage is the coverage that protects you if ever you are found to be at fault for damages caused by your negligence. It will provide legal defense to attempt to prove you were not liable. This coverage is very inexpensive when compared to the cost of physical damage coverage, so buy as much as you can afford.
Where you live – Choosing to live in small towns and rural areas can save you money when shopping for auto insurance. Drivers who live in large cities tend to have much more traffic and longer commutes to work. Fewer people means a lower chance of having an accident and a lower car theft rate.
Small coverages can add up – Insurance companies have many extra add-on coverages that may not really be needed if you don’t pay attention. Coverages for vanishing deductibles, accident forgiveness, and additional equipment coverage may be wasting your money. They may sound like good ideas when buying your policy, but if they’re wasting money remove them and pocket the money.
Getting married brings a discount – Having a significant other helps lower the price on car insurance. It demonstrates that you tend to be more stable financially and it’s proven that drivers who are married are more cautious.
Loss probability for a Lexus IS 350 – Auto insurance companies use statistical claims data to calculate a rate that will offset losses. Models that are shown to have a trend towards higher claims will be charged more to insure. The table below shows the historical loss data for Lexus IS 350 vehicles.
For each coverage category, the loss probability for all vehicles compiled together is a value of 100. Values that are below 100 indicate better than average losses, while numbers that are greater than 100 point to more claims or a tendency for losses to be larger than average.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Lexus IS 350 4dr 2WD | 165 | 88 | 186 | 101 | ||
| Lexus IS 350 4dr 4WD | 200 | 72 | 206 | |||
| Lexus IS 350 Convertible | 98 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years