Would you like to buy lower-priced Lexus IS 250 insurance in San Diego? Price shopping your Lexus IS 250 insurance in San Diego can seem to be very difficult for drivers who are new to comparison shopping online. With such a big selection of agents and insurance companies available, it can easily become a real challenge to compare coverage rates on Lexus IS 250 insurance.
Shocking but true, the vast majority of drivers have bought auto insurance from the same company for more than four years, and almost 40% of drivers have never compared rates with other companies. Many consumers in the United States could save themselves nearly $850 a year just by getting comparison quotes, but they assume it’s a waste of time to find cheaper rates by getting comparison quotes.
You should make it a habit to price shop coverage once or twice a year because prices are usually higher with each renewal. Despite the fact that you may have had the lowest rate on Lexus IS 250 insurance in San Diego last year a different company probably has better premium rates today. Forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in the best way to properly buy coverages and cut your premium.
If you have coverage now, you will definitely be able to save money using these techniques. Our goal is to help you learn the best ways to compare prices. Nevertheless, California consumers can benefit by having an understanding of how insurance companies determine what you pay because it varies considerably.
Affordable San Diego Lexus IS 250 insurance rate quotes online
When price shopping your coverage, quoting more increases your odds of finding better pricing.
The providers in the list below provide free quotes in California. If several companies are displayed, we recommend you visit several of them in order to find the cheapest rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $272 | $490 | $492 | $30 | $148 | $1,432 | $119 |
| IS 250 AWD 4-Dr | $300 | $616 | $394 | $24 | $118 | $1,452 | $121 |
| IS 250 C 2-Dr Convertible | $368 | $774 | $416 | $24 | $124 | $1,706 | $142 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Estimates do not factor in specific zip code location which can affect premiums noticeably.
Do you need full coverage?
The illustration below shows the comparison of Lexus IS 250 car insurance rates with full coverage and liability only. The information is based on no violations or claims, $250 deductibles, single male driver, and no additional discounts are factored in.
Guidelines for eliminating full coverage
There is no definitive formula of when to eliminate comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Lexus IS 250 settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $7,000 after paying your policy deductible. If premiums are more than $700 a year to have full coverage, then you might consider buying liability only.
There are some situations where buying only liability insurance is not a good plan. If you still owe money on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not remove full coverage.
Deductible comparison
The chart below demonstrates how deductible levels and can change Lexus IS 250 insurance rates for different ages of insureds. The data assumes a single female driver, comprehensive and collision coverage, and no other discounts are factored in.
Raise deductibles and save
One of the hardest decisions when shopping for auto insurance is at what level do you set your deductibles. The rates below sum up the difference in cost when you buy lower versus higher deductibles. The first price estimate table uses a $100 physical damage deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $430 | $932 | $376 | $22 | $112 | $1,897 | $158 |
| IS 250 AWD 4-Dr | $478 | $932 | $376 | $22 | $112 | $1,945 | $162 |
| IS 250 C 2-Dr Convertible | $478 | $932 | $442 | $26 | $132 | $2,035 | $170 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $238 | $490 | $376 | $22 | $112 | $1,238 | $103 |
| IS 250 AWD 4-Dr | $266 | $490 | $376 | $22 | $112 | $1,266 | $106 |
| IS 250 C 2-Dr Convertible | $266 | $490 | $442 | $26 | $132 | $1,356 | $113 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Price estimates do not factor in San Diego location which can alter coverage prices substantially.
Based on these figures, using a $100 deductible will cost you about $56 more each month or $672 annually than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you normally go at a minimum 16 months between claim filings, you would save more money if you choose a higher deductible.
It may be expensive, but it’s not optional
Even though San Diego IS 250 insurance rates can get expensive, insurance is required by state law in California and it also provides benefits you may not be aware of.
- The majority of states have mandatory liability insurance requirements which means the state requires specific limits of liability coverage in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your Lexus IS 250 has a loan, most lenders will require that you have physical damage coverage to guarantee their interest in the vehicle. If you let the policy lapse, the lender may have to buy a policy to insure your Lexus at a much higher rate and require you to pay much more than you were paying before.
- Insurance preserves your vehicle and your assets. Insurance will also pay for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay attorney fees if you are sued as the result of an accident. If your Lexus gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying adequate insurance more than offset the price you pay, especially when you need to use it. But the average driver in California is wasting up to $850 per year so you should quote and compare rates each time the policy renews to ensure rates are inline.
Insurance Premium Influencing Factors
Many factors are taken into consideration when pricing auto insurance. Some are pretty understandable such as your driving record, although others are more transparent such as your marital status or how financially stable you are. Part of the insurance buying process is learning the factors that come into play when calculating insurance rates. If you know what influences your rates, this enables you to make decisions that will entitle you to better insurance rates.
- Save money by having excellent credit – An insured’s credit score can be an important factor in determining premium rates. So if your credit is lower than you’d like, you may save money insuring your Lexus IS 250 by taking the time to improve your credit score. People with very good credit scores tend to file fewer claims and have better driving records than drivers who have lower credit ratings.
- Cars with good safety ratings cost less to insure – Safer cars cost less to insure. Highly rated vehicles result in less severe injuries and better occupant protection means less claims paid passed on to you as lower rates.
- Higher deductibles reduce costs – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, helps pay for damage to your vehicle. Examples of some claims that would be covered are a windshield shattered by a rock, vandalism, and having your car stolen. Physical damage deductibles are how much you are willing to pay if a covered claim is submitted. The more money you’re willing to pay, the less your company will charge you for insurance.
- Only buy incidental coverages you need – Insurance companies have many extra coverages that you can buy when buying insurance. Coverage for things like personal injury protection, high-cost glass coverage, and extra life insurance coverage are examples of these. They may seem good initially, but if they’re wasting money eliminate them to save money.
- Loss statistics for a Lexus IS 250 – Insurers factor in historical loss data to calculate a rate that will offset losses. Models that the statistics show to have a trend towards higher claim severity or frequency will be charged more to insure.
The table shown below demonstrates the insurance loss data for Lexus IS 250 vehicles. For each insurance policy coverage type, the claim amount for all vehicles averaged together is considered to be 100. Numbers under 100 indicate better than average losses, while numbers above 100 indicate a higher chance of having a claim or tendency to have higher losses.
Lexus IS 250 Insurance Claim Statistics
Specific Lexus Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Lexus IS 250 4dr 2WD 179 103 177 116 146 115 Lexus IS 250 4dr 4WD 177 87 186 118 Lexus IS 250 Convertible 135 80 84 Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Verify you’re applying every discount
Car insurance is not cheap, but there’s a good chance there are discounts that can drop the cost substantially. A few discounts will be applied at the time you complete a quote, but some discounts are required to be asked about prior to getting the savings.
- Anti-lock Brake System – Cars, trucks, and SUVs with ABS braking systems or traction control can stop better under adverse conditions so companies give up to a 10% discount.
- Accident Forgiveness Coverage – Not necessarily a discount, but certain companies will turn a blind eye to one accident before your rates go up as long as you don’t have any claims prior to being involved in the accident.
- Pay Now and Pay Less – By making one initial payment as opposed to paying monthly you could save up to 5%.
- Safety Course Discount – Taking time to complete a class that teaches safe driver techniques is a good idea and can lower rates if your company offers it.
- Onboard Data Collection – Drivers who elect to allow their insurance company to analyze where and when they drive by using a telematic data system such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction as long as the data is positive.
- Good Student Discount – A discount for being a good student can earn a discount of 20% or more. This discount can apply well after school through age 25.
- New Vehicle Savings – Insuring a new IS 250 can save up to 30% due to better safety requirements for new vehicles.
- Good Driver Discounts – Accident-free drivers may save up to 50% more than their less cautious counterparts.
- Early Signing – Some larger companies reward drivers for buying a policy before your current coverage expires. The savings is around 10%.
- Life Insurance Discount – Larger companies have better prices if you take out life insurance from them.
A little note about advertised discounts, many deductions do not apply to the entire cost. Most cut individual premiums such as comprehensive or collision. Just because you may think you can get free auto insurance, it doesn’t quite work that way.
The best car insurance companies and a summarized list of policyholder discounts are detailed below.
- Esurance policyholders can earn discounts including Switch & Save, online quote, good driver, defensive driver, online shopper, and good student.
- The Hartford may have discounts that include driver training, anti-theft, defensive driver, air bag, and vehicle fuel type.
- AAA offers premium reductions for multi-car, good student, multi-policy, good driver, education and occupation, AAA membership discount, and pay-in-full.
- GEICO has discounts for anti-theft, military active duty, driver training, daytime running lights, and emergency military deployment.
- State Farm discounts include accident-free, defensive driving training, Steer Clear safe driver discount, anti-theft, good student, Drive Safe & Save, and driver’s education.
Before purchasing a policy, check with all companies you are considering what discounts are available to you. Some credits might not be offered in San Diego. To choose insurers who offer online Lexus IS 250 insurance quotes in California, click this link.
Compare rate quotes but buy from a local San Diego insurance agency
A small number of people just prefer to go talk to an agent and there is nothing wrong with that. A nice benefit of getting free rate quotes online is you may find cheaper auto insurance rates but also keep your business local.
To help locate an agent, after submitting this form (opens in new window), the quote information gets sent to local insurance agents that provide free San Diego auto insurance quotes for your car insurance coverage. There is no reason to search for any insurance agencies since rate quotes are delivered immediately to your email address. You’ll get the best rates without requiring a lot of work. If you wish to compare rates from a specific company, feel free to navigate to their website to submit a rate quote request.
Finding the right insurer requires you to look at more than just the bottom line cost. Any agent in San Diego should have no problem answering these questions:
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Are claim adjusters local or do you have to take your car somewhere else?
- Does the agent help file claims?
- How many companies do they write for?
- What is their Better Business Bureau rating?
- Are they primarily personal or commercial lines agents in San Diego?
San Diego car insurance agents are either independent or exclusive
When looking for a reputable agency, it’s helpful to know the types of insurance agents and how they can service your needs differently. Car insurance policy providers may be either independent or exclusive depending on the company they work for.
Exclusive Insurance Agents
Agents in the exclusive channel can only write with one company and examples are State Farm, AAA, Farmers Insurance or Allstate. They generally cannot compare other company’s rates so they have no alternatives for high prices. Exclusive agents are well trained on sales techniques which helps them sell on service rather than price. Some people will only choose to use a exclusive agent mainly due to the brand legacy rather than having low rates.
Below is a list of exclusive agencies in San Diego that can give you price quotes.
- Fred Shadlow – State Farm Insurance Agent
7332 Casper Dr – San Diego, CA 92119 – (619) 464-4261 – View Map - R J Blake – State Farm Insurance Agent
1040 University Ave B201 – San Diego, CA 92103 – (619) 681-0060 – View Map - David Thompson – State Farm Insurance Agent
7061 Clairemont Mesa Blvd Ste 217 – San Diego, CA 92111 – (858) 560-5400 – View Map
Independent Agencies or Brokers
Independent agencies do not sell for just one brand so they can quote policies through many companies and find the cheapest car insurance rates. To move your coverage to a new company, the business is moved internally which requires no work on your part.
When comparing car insurance prices, we recommend you get quotes from several independent insurance agents to get the best comparison. Many independent agencies also insure through companies you’ve never heard of that many times have cheaper rates.
Below are independent agencies in San Diego that can give you comparison quotes.
- AG Insurance Agency
11440 W Bernardo Ct #161 – San Diego, CA 92127 – (858) 431-9880 – View Map - ARROWHEAD General Insurance Agency, Inc.
701 B St #2100 – San Diego, CA 92101 – (619) 744-5000 – View Map - San Diego Insurance
4411 Mercury St #105b – San Diego, CA 92111 – (858) 565-6695 – View Map
Once you have good responses to all your questions and cheap IS 250 insurance quotes, chances are good that you have found an auto insurance agent that is professional and can insure your vehicles.
Affordable car insurance rates are possible
When trying to cut insurance costs, it’s a bad idea to buy less coverage just to save a little money. In many cases, drivers have reduced liability coverage limits and found out when filing a claim that the savings was not a smart move. Your goal should be to find the BEST coverage for the lowest cost and still be able to protect your assets.
Lower-priced Lexus IS 250 insurance in San Diego can be sourced online and from local agencies, so you need to shop San Diego auto insurance with both to have the best chance of lowering rates. Some insurance companies don’t offer the ability to get quotes online and most of the time these regional carriers only sell through independent insurance agencies.
We’ve covered a lot of information how to lower your Lexus IS 250 insurance prices in San Diego. The most important thing to understand is the more rate quotes you have, the better likelihood of getting affordable San Diego auto insurance quotes. You may even find the lowest prices come from some of the lesser-known companies.
Even more information can be found in the articles below:
- Vehicle Size and Weight FAQ (iihs.org)
- What Car Insurance is Cheapest for Inexperienced Drivers in San Diego? (FAQ)
- How Much are Auto Insurance Quotes for Infrequent Drivers in San Diego? (FAQ)
- Who Has Affordable San Diego Auto Insurance Quotes for Used Cars? (FAQ)
- What Auto Insurance is Cheapest for Postal Workers in San Diego? (FAQ)
- Information for Teen Drivers (GEICO)
- Choosing an Insurance Company (Insurance Information Institute)
- Senior Drivers (Insurance Information Institute)