Best Lexus ES 350 Insurance in San Jose

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Insurance quote for Lexus ES 350 in San JoseIf saving the most money is your goal, then the best way to save money on Lexus ES 350 insurance is to start doing a yearly price comparison from providers who provide auto insurance in San Jose.

  1. Read and learn about the coverage provided by your policy and the measures you can take to prevent rate increases. Many factors that drive up the price such as traffic citations and bad credit can be rectified by making minor changes in your lifestyle.
  2. Quote rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give rate quotes from a single company like Progressive and State Farm, while independent agencies can provide price quotes for a wide range of insurance providers. View rates
  3. Compare the price quotes to the price on your current policy and determine if there is any savings. If you find a lower rate, ensure there is no coverage lapse between policies.
  4. Give notification to your current company of your intent to cancel your current policy and submit a down payment and signed policy application for your new policy. Make sure you place the new certificate verifying coverage along with your vehicle registration.

One thing to point out is that you'll want to compare similar limits and deductibles on every price quote and and to get price quotes from as many auto insurance providers as possible. Doing this guarantees an accurate price comparison and and a good selection of different prices.

It's a known fact that insurance companies don't want policyholders to compare prices from other companies. Drivers who perform rate comparisons will, in all likelihood, switch companies because there is a good chance of finding a lower-priced company. A recent survey found that people who shopped around saved $860 a year compared to policyholders who never compared other company's rates.

If finding budget-friendly rates on Lexus ES 350 insurance in San Jose is the reason you're here, then knowing how to find and compare coverages can save time, money, and frustration.

If you are insured now or are looking for a new policy, follow these tips to cut your premiums while maintaining coverages. Obtaining price quotes for the best coverage in San Jose is easy if you know what you're doing. Drivers just have to learn the most efficient way to compare different rates online.

Most major insurance companies such as State Farm, GEICO and Progressive make it easy to get coverage prices on their websites. This process is easy for anyone because it's just a matter of typing in your coverage preferences into the quote form. When the form is submitted, the company's rating system makes automated requests for your driving and credit reports and generates pricing information based on these factors.

The ability to get online rates for Lexus ES 350 insurance in San Jose streamlines rate comparisons, and it is important to get many rate quotes if you want to get the lowest payment possible.

To quickly get comparison pricing now, take a look at the companies shown below. To compare your current rates, we recommend you replicate deductibles and limits exactly as shown on your declarations page. Using the same limits helps guarantee you will get a fair comparison based on similar coverages.

The following companies have been selected to offer free rate quotes in San Jose, CA. If multiple companies are shown, we suggest you visit as many as you can in order to get a fair rate comparison.

Statistics and details

The premium information shown below outlines estimates of insurance coverage prices for Lexus ES 350 models. Having knowledge of how premiums are established can be useful when making informed purchases.

Lexus ES 350 Insurance Rates in San Jose, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
ES 350 $368 $774 $354 $20 $106 $1,622 $135
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Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Information does not factor in garaging location in San Jose which can affect coverage prices greatly.

Policy deductibles

One frequently asked question is where to set your physical damage deductibles. The following tables may aid in understanding the rate differences between high and low comp and collision deductibles. The first table uses a $100 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.

Lexus ES 350 insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
ES 350 $478 $932 $376 $22 $112 $1,945 $162
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Lexus ES 350 insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
ES 350 $266 $490 $376 $22 $112 $1,266 $106
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Price estimates do not factor in vehicle location which can increase or decrease rates considerably.

We can estimate from the data above that using a $100 deductible will cost you approximately $56 more each month or $672 annually than requesting the higher $1,000 deductible. Since you would have to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 16 months between claims, you would more than likely save some money by selecting a higher deductible.

How to determine if higher deductibles are a good idea

Average monthly premium for $100 deductibles: $162
Average monthly premium for $1,000 deductibles (subtract): - $106
Monthly savings from raising deductible: $56
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $56
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

The chart below demonstrates how deductibles and can influence Lexus ES 350 yearly insurance costs for each age group. The costs are based on a single male driver, comp and collision included, and no discounts are applied to the premium.

Car insurance does more than just repair your car

Even though San Jose ES 350 insurance rates can get expensive, paying for car insurance is a good idea for several reasons.

  • Most states have mandatory insurance requirements which means you are required to carry a specific level 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 ES 350 has a lienholder, it's most likely the lender will require that you buy full coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the lender will be forced to insure your Lexus at a significantly higher premium and require you to pay for the expensive policy.
  • Car insurance protects not only your car but also your assets. It also can pay for most medical and hospital costs incurred in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses in the event you are sued. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of carrying adequate insurance are definitely more than the cost, especially for larger claims. In a recent study of 1,000 drivers, the average customer overpays as much as $825 a year so you should quote your policy with other companies each time the policy renews to make sure the price is not too high.

Smart Consumers Know How to Get Auto Insurance Cheaper

Part of the auto insurance buying process is learning some of the things that go into determining the rates you pay for auto insurance. If you know what determines premiums, this allows you to make educated decisions that may result in big savings. Lots of factors are used in the calculation when you get a price on insurance. Some are pretty understandable like an MVR report, although some other factors are less apparent such as your credit history or your commute time.

Car features impact auto insurance rates - Owning a car with advanced anti-theft systems can get you a discount on your auto insurance. Theft deterrent systems like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft and help lower rates.

Does insurance cost less for women? - Statistics demonstrate women are more cautious behind the wheel. However, don't assume that females are better drivers. Both sexes are responsible for at-fault accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also statistically receive more major tickets such as DWI and reckless driving. Young men ages 16 to 20 are several times more likely to be in an accident and therefore pay the highest rates.

The chart below compares Lexus ES 350 car insurance costs for male and female drivers. The premiums are based on no claims or violations, full physical damage coverage, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.

Higher prices for specific employers - Occupations like judges, airline pilots, and dentists tend to have higher average rates attributed to stressful work requirements and lots of time spent at work. Other jobs such as farmers, students and homemakers get better rates.

Poor driving habits means higher premiums - Good drivers receive lower rates as compared to those with violations. Even one citation may cause rates to rise substantially. Drivers who have gotten flagrant tickets like DUI or reckless driving may face state-mandated requirements to prove financial responsibility with their state motor vehicle department in order to prevent their license from being revoked.

The illustration below illustrates how speeding tickets and at-fault fender-benders can raise Lexus ES 350 insurance rates for different insured age categories. The data assumes a single female driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.

Auto insurance policy lapses raise rates - Having a lapse in insurance coverage will be a fast way to pay more for auto insurance. In addition to paying higher premiums, failure to provide proof of insurance may result in a license revocation or jail time. You will then be forced to prove you have insurance by filing a SR-22 with the California DMV.

Your address can influence price - Residing in areas with lower population can save you money when buying auto insurance. Drivers who live in large cities tend to have more traffic problems and a longer drive to work. Fewer drivers means less chance of accidents in addition to fewer liability claims.

Insurance loss data for a Lexus ES 350 - Insurance companies study historical loss data to determine a price that will be profitable for them. Vehicles that are shown to have increased claim numbers or amounts will have higher rates for specific coverages.

The table below demonstrates the insurance loss data for Lexus ES 350 vehicles. For each coverage category, the claim amount for all vehicles, regardless of make, model or trim level, is considered to be 100. Percentages below 100 suggest a positive loss record, while values that are 100 or greater show a trend for more claims or an increased chance of larger losses than average.

Lexus ES 350 Insurance Loss Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Lexus ES 350 4dr 126 79 160 91 100 78
BETTER
AVERAGE
WORSE

Statistics from IIHS.org for 2013-2015 Model Years

San Jose insurance discounts for a Lexus ES 350

Companies offering auto insurance do not advertise every policy discount in an easy-to-find place, so the list below contains a few of the more common and also the more inconspicuous ways to save on auto insurance.Discount auto insurance

  • Discount for Good Grades - A discount for being a good student may save as much as 25% on a San Jose car insurance quote. Many companies even apply the discount to college students well after school through age 25.
  • 55 and Retired - Older drivers may receive a small discount on rates.
  • Accident Free - Insureds with no claims or accidents are rewarded with significantly better rates on San Jose car insurance quote in comparison to frequent claim filers.
  • Military Rewards - Having a deployed family member could be rewarded with lower prices.
  • Passive Restraint Discount - Factory air bags or automatic seat belts can receive discounts of 20% or more.
  • Theft Deterrent Discount - Cars equipped with tracking devices and advanced anti-theft systems help deter theft so companies will give you a small discount.
  • Responsible Driver Discount - Accident-free drivers could pay up to 40% less as compared to drivers with claims.
  • Discount for Life Insurance - Larger auto insurance companies have lower premium rates if you buy some life insurance in addition to your auto policy.
  • Switch and Save Discount - Select auto insurance companies give a discount for renewing your policy prior to the expiration date on your current ES 350 insurance policy. It can save you around 10%.
  • Payment Method - By paying your policy upfront rather than paying in monthly installments you may have a lower total premium amount.

It's important to understand that most discounts do not apply to your bottom line cost. A few only apply to specific coverage prices like liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, you aren't that lucky. But any discount will positively reduce your auto insurance premiums.

The illustration below shows the difference between Lexus ES 350 car insurance costs with and without discounts being applied to the rates. The prices are based on a female driver, no violations or claims, California state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, homeowner, claim-free, marriage, and multi-policy discounts applied.

Larger auto insurance companies and their offered discounts are shown below.

  • Progressive offers discounts including good student, multi-policy, multi-vehicle, homeowner, online quote discount, and online signing.
  • MetLife discounts include good driver, accident-free, good student, defensive driver, claim-free, multi-policy
  • Mercury Insurance has savings for multi-car, anti-theft, good driver, low natural disaster claims, and good student.
  • Nationwide may have discounts that include defensive driving, business or organization, accident-free, anti-theft, and family plan.
  • GEICO may include discounts for air bags, military active duty, good student, emergency military deployment, and anti-theft.
  • AAA includes discounts for multi-car, education and occupation, good driver, multi-policy, and good student.

If you want inexpensive San Jose car insurance quotes, ask every insurance company to apply every possible discount. Some discounts listed above may not be offered in San Jose. To view companies that offer some of these discounts in California, follow this link.

You may need specialized insurance coverage

When quoting and comparing insurance from an agent or online, there is no perfect coverage plan. Your financial needs are unique so this has to be addressed.Insurance savings These are some specific questions can help discover if your insurance needs would benefit from an agent's advice.

  • What is high-risk coverage and where do I buy it?
  • What is no-fault insurance?
  • How can I get the company to pay a claim?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Can I cancel at any time?
  • When should I remove comp and collision on my Lexus ES 350?

If you don't know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It's fast, doesn't cost anything and can provide invaluable advice.

Compare rates but still have a local San Jose insurance agent

Certain consumers just prefer to sit down and talk to an agent and often times that is recommended Insurance agents are trained risk managers and help submit paperwork. A good thing about comparing auto insurance online is that you can obtain lower rates and still have an agent to talk to. Buying insurance from local insurance agencies is important especially in San Jose.

Find insurance agent in San JoseTo help locate an agent, after submitting this short form, the quote information is instantly submitted to local insurance agents who will give you bids for your coverage. You won't need to search for any insurance agencies as quotes are delivered to you instantly. If you wish to quote rates from a particular provider, feel free to find their quoting web page and fill out the quote form the provide.

Different types of San Jose auto insurance agents

If you want to use a local insurance agency, it can be helpful to understand the types of agencies and how they work. Auto insurance policy providers are considered either independent agents or exclusive agents depending on their employer. Either one can properly insure your vehicles, but we need to point out the difference between them since it could factor into your selection of an agent.

Independent Insurance Agents

Agents of this type are not restricted to one company and that is an advantage because they can write policies with a variety of different insurance companies and find the cheapest rate. If you are not satisfied with one company, they simply move your policy to a different company and you stay with the same agent. When comparing auto insurance rates, we highly recommend that you get quotes from at a minimum one independent agency in order to compare the most rates. Most also have access to mutual insurance companies that many times have cheaper rates.

Shown below is a list of independent agencies in San Jose who may be able to give you free auto insurance quotes.

View more San Jose agents

Exclusive Agents

Agents in the exclusive channel can usually just insure with one company and examples are Farmers Insurance, Allstate, or State Farm. These agents are unable to provide rate quotes from other companies so keep that in mind. They receive a lot of sales training on sales techniques which can be an advantage. A lot of people purchase coverage from exclusives primarily because of the brand name rather than having low rates.

Shown below are San Jose exclusive agencies who can help you get comparison quotes.

View more San Jose agents

Finding a good car insurance agent shouldn't rely on just a cheap price quote. These questions are important to ask:

  • Is coverage determined by price?
  • Which members of your family are coverage by the policy?
  • Do they offer accident forgiveness?
  • How does the company pay claims for a total loss?
  • Does the agency have a good rating with the Better Business Bureau?

Be persistent and save

Budget-friendly insurance in San Jose is available both online and from local agencies, so you need to shop San Jose car insurance with both to have the best selection. There are still a few companies who may not provide online rate quotes and these smaller providers only sell through independent agencies.

When getting San Jose car insurance quotes online, it's not a good idea to buy less coverage just to save a little money. There are a lot of situations where someone sacrificed liability coverage limits only to regret at claim time that it was a big mistake. Your goal should be to buy the best coverage you can find at the best possible price, but do not skimp to save money.

We covered many tips how you can reduce Lexus ES 350 insurance premium rates online in San Jose. It's most important to understand that the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the lowest priced insurance comes from an unexpected company. Some small companies can often provide lower prices in certain areas than the large multi-state companies such as State Farm, GEICO and Nationwide.

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