Do you get overwhelmed by the number of insurance sources that you can choose from? California people have so many sources available that it can really be a ton of work to find a cheaper company. If you’ve ever been there, you know that Long Beach is a good city to live in, but getting gouged by high insurance rates can make it hard to stay on budget.
How to find cheaper quotes for Lexus IS 250 insurance in Long Beach
If you want to find the absolute lowest rates, then the best way to get cheaper car insurance rates is to start comparing prices yearly from insurers who sell auto insurance in Long Beach.
First, learn about how insurance works and the measures you can take to prevent rate increases. Many things that cause high rates such as distracted driving and a poor credit score can be eliminated by improving your driving habits or financial responsibility. This article provides information to get cheaper coverage and get discounts that may be overlooked.
Second, get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from one company like GEICO or Farmers Insurance, while independent agents can provide price quotes for a wide range of insurance providers. Compare rates now
Third, compare the new rates to your current policy to determine if switching companies saves money. If you find a lower rate quote and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, give proper notification to your current agent or company of your decision to cancel your current policy and submit payment and a signed application to the new insurer. Once coverage is bound, store the certificate verifying proof of insurance in an accessible location in your vehicle.
A key point to remember is to try to compare identical deductibles and limits on every quote and and to compare every company you can. This guarantees an apples-to-apples comparison and and a good selection of different prices.
Sadly, most insurance customers kept buying from the same company for a minimum of four years, and just under half have never shopped around. Drivers in California could save up to $469 a year by just shopping around, but most tend to underestimate how much savings they would realize if they switched to a cheaper policy.
It’s important to know that getting more free quotes increases your odds of finding better pricing.
The companies shown below offer free quotes in Long Beach, CA. To locate cheap car insurance in California, we suggest you compare several of them to get the best price comparison.
Why you need Lexus vehicle insurance in California
Even though it’s not necessarily cheap to insure a Lexus in Long Beach, insurance is required for several reasons.
- Almost all states have mandatory insurance requirements which means the state requires a minimum amount of liability insurance coverage in order to drive the car legally. 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 has a loan, almost all lenders will have a requirement that you have insurance to ensure loan repayment if the vehicle is totaled. If the policy lapses, the bank will be required to insure your Lexus for a much higher rate and require you to fork over the higher premium.
- Insurance safeguards not only your car but also your financial assets. It also can pay for medical expenses that are the result of an accident. Liability insurance also covers all legal expenses up to the policy limit in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance are without a doubt worth the cost, especially with large liability claims. According to a recent study, the average American driver overpays more than $810 a year so you should quote your policy with other companies each time the policy renews to save money.
Coverage analysis
The rate information displayed next highlights different insurance coverage prices for Lexus IS 250 models. Learning how auto insurance policy rates are determined can help you make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $332 | $764 | $394 | $24 | $118 | $1,632 | $136 |
| IS 250 AWD 4-Dr | $370 | $764 | $394 | $24 | $118 | $1,670 | $139 |
| IS 250 C 2-Dr Convertible | $370 | $764 | $464 | $28 | $138 | $1,764 | $147 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Estimates do not factor in Long Beach location which can influence coverage prices significantly.
Deductible analysis
One of the more difficult decisions when buying car insurance is how high should the deductibles for physical damage be. The tables below highlight the differences in premium rates when you choose different coverage deductibles. The first set of prices uses a $100 deductible and the second pricing table 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 | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Prices do not factor in vehicle location which can lower or raise auto insurance rates noticeably.
Based on the above data, using a $100 deductible will cost you about $56 more each month or $672 each year than requesting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you go at least 16 months between claim filings, you would save more money going with the higher deductible. The table below shows an example of how you can perform this determination yourself.
| Average monthly premium for $100 deductibles: | $163 |
| Average monthly premium for $1,000 deductibles (subtract): | – $107 |
| 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 |
An important sidenote is that increasing deductibles to lower your rates means you will have to pay more when you do file a claim. You should have enough disposable income in order to pay the deductible for vehicle repair.
The example below illustrates how your deductible choice and can influence Lexus IS 250 insurance costs for different categories of driver ages. The premiums assume a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Drive safe and save
The example below illustrates how violations and at-fault accidents can raise Lexus IS 250 yearly insurance costs for different categories of driver ages. The premium estimates are based on a single female driver, comp and collision included, $100 deductibles, and no discounts are factored in.
Auto insurance quotes and discounts
Some insurers do not list their entire list of discounts very well, so the next list breaks down some of the best known and the harder-to-find credits that may apply to you.
- Low Mileage Discounts – Low mileage vehicles could earn lower premium rates on the low mileage vehicles.
- Good Students Pay Less – Maintaining excellent grades can earn a discount of 20% or more. This discount can apply up until you turn 25.
- Early Signing – Select auto insurance companies give a discount for switching policies early. You could save around 10% when you buy Long Beach car insurance online.
- Save over 55 – Drivers that qualify as senior citizens can possibly qualify for a slight reduction on a Long Beach car insurance quote.
- Bundled Policy Discount – If you insure your home and vehicles and insure them both with the same insurance company you may earn approximately 10% to 15%.
- Anti-theft System – Cars, trucks, and SUVs optioned with advanced anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
- Discounts for Good Drivers – Accident-free drivers can save up to 40% or more on their Long Beach car insurance quote than less cautious drivers.
- New Car Discount – Buying a new car model can be considerably cheaper since newer models have better safety ratings.
- Federal Government Employee – Active or former government employment could cut as much as 10% off with a few auto insurance companies.
It’s important to understand that some of the credits will not apply to your bottom line cost. Most only cut the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like you can get free auto insurance, it just doesn’t work that way.
The diagram below illustrates the difference between Lexus IS 250 insurance premiums with and without some available policy discounts. The premiums assume a male driver, no tickets, no at-fault accidents, California 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 safe-driver, multi-policy, marriage, homeowner, multi-car, and claim-free discounts applied.
Larger auto insurance companies and the discounts they provide are detailed below.
- GEICO may include discounts for defensive driver, federal employee, daytime running lights, multi-policy, emergency military deployment, and anti-lock brakes.
- Mercury Insurance offers discounts including ease of repair, type of vehicle, anti-theft, good student, accident-free, multi-policy, and age of vehicle.
- Farmers Insurance has savings for pay in full, homeowner, multi-car, bundle discounts, and switch companies.
- Auto-Owners Insurance offers premium reductions for paid in full, anti-theft, safe driver, multi-policy, and mature driver.
- Liberty Mutual offers discounts for multi-policy, multi-car, good student, new vehicle discount, newly married, safety features, and teen driver discount.
- SAFECO may offer discounts for drive less, accident prevention training, safe driver, bundle discounts, and homeowner.
- Progressive has discounts for online quote discount, continuous coverage, online signing, homeowner, and multi-policy.
- USAA may have discounts that include defensive driver, multi-vehicle, annual mileage, loyalty savings, family discount, and military installation.
Check with every company which discounts they offer. Depending on the company, some discounts might not be offered in your area. To see companies who offer online Lexus IS 250 insurance quotes in Long Beach, click here to view.
What if I want to buy from local Long Beach car insurance agents?
A lot of people still like to go talk to an agent and that is OK! The biggest benefit of getting online price quotes is you can get lower rates and still buy from a local agent. Buying insurance from small agencies is especially important in Long Beach.
After completing this short form, your insurance coverage information is transmitted to local insurance agents who will give you quotes and help you find cheaper coverage. You won’t need to search for an agent due to the fact that quote results will go to you instantly. It’s the lowest rates and work with a local agent. If you have a need to get a rate quote for a specific company, feel free to navigate to their website and fill out their quote form.
The different types of car insurance agents
If you’re trying to find a local insurance agency, there are a couple of different types of agents and how they work. Car insurance agents in Long Beach can be categorized as either independent or exclusive.
Independent Car Insurance Agencies or Brokers
These agents are normally appointed by many insurers so as a result can place your coverage with a variety of different insurance companies enabling the ability to shop coverage around. If premiums increase, your policy is moved internally and you can keep the same agent.
If you need lower rates, you will want to compare prices from independent agents so that you have a good selection of quotes to compare. They often place coverage with additional companies that you may not be familiar with that can offer cheaper rates than bigger companies.
Listed below is a list of independent insurance agents in Long Beach that may be able to give free car insurance rate quotes.
- Kelly Williams Insurance Agency, Inc.
4400 Pacific Coast Hwy – Long Beach, CA 90804 – (562) 498-8661 – View Map - Priscilla Vallejos Insurance Agency
2725 Candlewood St – Lakewood, CA 90712 – (562) 552-3259 – View Map - Global Guard Insurance
1310 Pine Ave d – Long Beach, CA 90813 – (562) 591-5181 – View Map
Exclusive Insurance Agents
Exclusive agencies work for only one company like American Family, State Farm, and AAA. These agents are not able to provide other company’s prices so you need to shop around if the rates are high. Exclusive insurance agents are highly trained on their company’s products which aids in selling service over price. Consumers sometimes buy from exclusive agents primarily because of high brand loyalty and the convenience of having a single billing for all their coverages.
Listed below are exclusive insurance agencies in Long Beach willing to provide comparison quotes.
- Farmers Insurance – Debra Gonzalez
6390 E Willow St – Long Beach, CA 90815 – (562) 795-0488 – View Map - Allstate Insurance: Braden Palmer
5000 E Spring St Ste 390 – Long Beach, CA 90815 – (562) 425-5109 – View Map - Ed Ratleff – State Farm Insurance Agent
1190 N Studebaker Rd f – Long Beach, CA 90815 – (562) 799-0291 – View Map
Picking the best auto insurance agent requires more thought than just a cheap price. You should also get answers to these questions.
- Do they have 24-hour customer assistance?
- If you are a high risk driver, do they have special markets for your coverage?
- How often do they review policy coverages?
- What are the financial ratings for the companies they represent?
- By raising physical damage deductibles, how much would you save?
- Where are claims handled?
Once you have received answers to your satisfaction to all your questions and an affordable coverage quote, you have narrowed it down to an insurance agency that will properly insure your vehicles.
How do I know if I need professional advice?
When quoting and comparing insurance from an agent or online for your personal vehicles, there really is not a best way to insure your cars. Everyone’s needs are different.
Here are some questions about coverages that might point out whether or not you could use an agent’s help.
- Do I have coverage for damage caused while driving under the influence?
- Should I get collision insurance on every vehicle?
- What is UM/UIM insurance?
- Am I covered when driving in Canada or Mexico?
- If I drive on a suspended license am I covered?
- Is my Lexus IS 250 covered for smoke damage?
- What are the liability requirements in my state?
If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.
Don’t give up on cheaper premiums
In this article, we covered many ideas to reduce Lexus IS 250 insurance rates online in Long Beach. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers may even find the lowest rates come from a smaller regional carrier.
As you prepare to switch companies, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, an accident victim reduced uninsured motorist or liability limits only to regret at claim time that they should have had better coverage. Your goal is to purchase plenty of coverage for the lowest price, not the least amount of coverage.
Drivers change insurance companies for any number of reasons including extreme rates for teen drivers, delays in responding to claim requests, high rates after DUI convictions and delays in paying claims. Whatever your reason, choosing a new company is easier than you think.
Steps to buying low-cost Lexus IS 250 insurance in Long Beach
The best way to get cheaper Lexus IS 250 insurance is to do a yearly price comparison from insurers in Long Beach.
- First, try to understand how your policy works and the factors you can control to drop your rates. Many policy risk factors that cause rate increases like tickets, at-fault accidents, and a poor credit rating can be improved by making minor driving habit or lifestyle changes.
- Second, get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only quote rates from one company like GEICO or Allstate, while independent agencies can provide rate quotes from multiple insurance companies.
- Third, compare the new rate quotes to the premium of your current policy to determine if you can save on IS 250 insurance. If you can save some money and change companies, make sure coverage is continuous and does not lapse.
The key thing to know about shopping around is to use the same physical damage deductibles and liability limits on each quote request and and to compare as many auto insurance providers as possible. This enables an accurate price comparison and the best price quote selection.
More detailed insurance information can be found in these articles:
- Distracted Driving Statistics (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance for Low Income Drivers in Long Beach? (FAQ)
- Who Has Affordable Long Beach Auto Insurance for Drivers Requiring a SR22? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Teenagers in Long Beach? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Safe Drivers in Long Beach? (FAQ)
- Who Has Affordable Car Insurance Quotes for Young Drivers in Long Beach? (FAQ)
- What Insurance is Cheapest for Government Employees in Long Beach? (FAQ)
- Who Has Cheap Auto Insurance After a Speeding Ticket in Long Beach? (FAQ)
- How Much is Auto Insurance for Police Officers in Long Beach? (FAQ)
- Who Has the Cheapest Long Beach Auto Insurance for a 20 Year Old Female? (FAQ)
- Coverage Information (Progressive Insurance)
- Auto Insurance 101 (About.com)
- Understanding your Policy (NAIC.org)