Trying to find better insurance prices for a Lexus GS 450h in Arizona could be an all-consuming task, but you can use our insurance buying tips to find lower rates.
There is a better way to compare insurance rates and you need to know the quickest way to get price quotes for your Lexus and obtain the lowest price from Chandler insurance agents and online providers.
Smart consumers take time to price shop coverage as often as possible because insurance prices change frequently. Despite the fact that you may have had the best price on Lexus GS 450h insurance in Chandler a year ago the chances are good that you can find a lower rate quote today. Block out anything you think you know about insurance because you’re going to learn the only way to lower your annual insurance bill.
If you have a policy now or want to find a cheaper company, use these cost-cutting techniques to save money without reducing protection. Comparison shopping for affordable insurance in Chandler can be fairly easy. Comparison shoppers just have to understand how to compare company rates using one simple form.
Companies offering Lexus GS 450h insurance in Arizona
The companies shown below are our best choices to provide free quotes in Arizona. If multiple companies are listed, we suggest you visit as many as you can in order to get a fair rate comparison.
Lexus GS 450h coverage statistics
The rate table below showcases a range of insurance rates for Lexus GS 450h models. Understanding more about how premiums are figured can be valuable when making smart choices when purchasing an auto insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|GS 450H Hybrid||$308||$700||$314||$18||$94||$1,434||$120|
|Get Your Own Custom Quote Go|
Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Prices do not factor in vehicle garaging location which can alter auto insurance rates considerably.
Annual premiums comparing men and women
The illustration below illustrates the difference between Lexus GS 450h insurance prices for male and female drivers. Data assumes no claims or driving citations, comp and collision included, $250 deductibles, marital status is single, and no discounts are factored in.
Does full coverage make sense?
The example below shows the comparison of Lexus GS 450h insurance costs with full physical damage coverage and with liability coverage only. The costs are based on no claims or driving citations, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.
When to drop comp and collision
There isn’t a steadfast formula to drop physical damage coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of replacement cost minus your deductible, then it may be the right time to buy liability only.
For example, let’s say your Lexus GS 450h replacement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $4,000 after paying the physical damage deductible. If you are paying more than $400 annually for full coverage, then it might be time to consider dropping full coverage.
There are some conditions where dropping physical damage coverage is not a good plan. If you still have a loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
How Insurers Calculate Lexus GS 450h Insurance Rates
Many things are used in the calculation when you get your auto insurance bill. Some factors are common sense such as your driving history, but some are not as apparent like your vehicle usage or your vehicle rating. Smart consumers have a good feel for some of the factors that aid in calculating the price you pay for auto insurance. If you have a feel for what positively or negatively impacts your premiums, this helps enable you to make changes that can help you get better auto insurance rates.
The list below includes some of the major factors auto insurance companies consider when setting rates.
Only buy what you need – There are a ton of additional coverages that you can buy if you don’t pay attention. Coverages for roadside assistance, accidental death, and additional equipment coverage may not be needed and are just wasting money. They may seem good when talking to your agent, but your needs may have changed so get rid of them and save.
Pay more for higher performance vehicles – The performance of the car, truck or SUV you are insuring makes a huge difference in determining your rates. Smaller low performance passenger cars normally have pretty low rates, but your final cost has many other factors.
The data below is based on a single male driver age 30, full coverage with $250 deductibles, and no discounts or violations. The chart compares Lexus GS 450h car insurance rates compared to other models that have a range of performance risks.
Urban areas may pay more – Residing in small towns and rural areas can be a good thing when it comes to auto insurance. Fewer drivers on the road means a lower chance of having an accident and lower theft and vandalism rates. Residents of big cities regularly have more aggressive driving styles and a longer drive to work. Longer commute distances statistically corresponds to a higher accident and claim rate.
Lower rates for married couples – Having a significant other may earn you lower rates on your auto insurance bill. Having a spouse generally demonstrates drivers are more mature than a single person and insurance companies reward insureds because drivers who are married file infrequent claims.
Liability protection limits on your policy – Liability insurance provides coverage in the event that you are responsible for damages from an accident. Your liability coverage provides you with a defense in court which can cost thousands of dollars. Liability is cheap compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.
Combine home and auto and save – Some companies give a discount for people that have more than one policy, otherwise known as a multi-policy discount. Discounts can amount to 10 percent or more. If you currently are using one company, it’s in your best interest to compare Lexus GS 450h rates in Chandler to help guarantee you have the best rates.
No claims equals cheaper rates – Companies in Arizona award the lowest premiums to insureds who are claim-free. If you frequently file small claims, you can definitely plan on much higher rates or policy non-renewal. Your insurance policy is intended for major claims that would cause financial hardship.
Drive lots and pay more – The more you drive every year the higher your rate. Almost all companies calculate prices based on their usage. Cars and trucks that have low annual miles cost less to insure than vehicles that are driven to work every day. Double check that your vehicle rating states how each vehicle is driven, because it can save money. A policy that improperly rates your GS 450h is just wasting money.
Loss probability for a Lexus GS 450h – Insurers study historical loss data when they calculate premium rates for each model. Models that statistically have a higher amount or frequency of claims will have higher rates. The next table illustrates the insurance loss data used by companies for Lexus GS 450h vehicles.
For each coverage category, the loss probability for all vehicles averaged together is equal to 100. Numbers under 100 indicate better than average losses, while numbers that are greater than 100 indicate a higher chance of having a claim or an increased likelihood of larger losses.
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Lexus GS 450h Hybrid 4dr||208||250|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Lower-cost Chandler car insurance rates with discounts
Car insurance is expensive, but there are discounts available that many people don’t even know exist. Many of these discounts will be applied automatically at the time you complete a quote, but some may not be applied and must be manually applied before being credited.
- Active Service Discounts – Being deployed with a military unit could trigger a small discount.
- Full Payment Discount – By paying your entire bill at once rather than paying in monthly installments you can avoid monthly service charges.
- Seat Belt Discounts – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more off the PIP or medical payment premium.
- Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a small discount if you purchase auto and life insurance together.
- First Accident Forgiveness – This one is not really a discount per se, but companies like GEICO, State Farm, and Progressive allow you one accident without the usual rate increase so long as you are claim-free before the accident.
- Low Miles Discount – Driving less may allow you to get discounted rates on garaged vehicles.
- Organization Discounts – Being a member of certain professional organizations is a simple method to lower premiums on your next renewal.
- Claim Free – Insureds who avoid accidents and claims pay much less when compared to policyholders that have many claims.
- Student Discounts – Maintaining excellent grades can be rewarded with saving of up to 25%. You can use this discount normally up until you turn 25.
- Discount for Multiple Policies – If you insure your home and vehicles and place coverage with the same company you may earn as much as 10 to 15 percent.
Don’t be shocked that most discount credits are not given to the entire cost. Most only apply to the price of certain insurance coverages like comp or med pay. So when the math indicates it’s possible to get free car insurance, that’s just not realistic. Any qualifying discounts will bring down the premium cost.
The information below visualizes the comparison of Lexus GS 450h auto insurance costs with and without discounts being applied to the rates. The premium estimates are based on a male driver, no claims or driving violations, Arizona state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, marriage, homeowner, multi-policy, and multi-car discounts applied.
A few of the larger companies and some of the premium reductions they offer include:
- 21st Century discounts include 55 and older, early bird, theft prevention, anti-lock brakes, good student, teen driver, and driver training.
- State Farm has discounts for defensive driving training, student away at school, multiple autos, accident-free, Steer Clear safe driver discount, and good driver.
- AAA may offer discounts for anti-theft, AAA membership discount, multi-car, good student, and multi-policy.
- Liberty Mutual offers discounts including new vehicle discount, good student, multi-policy, new graduate, teen driver discount, newly retired, and multi-car.
- Progressive may include discounts for multi-vehicle, online quote discount, continuous coverage, homeowner, good student, and online signing.
When getting a coverage quote, ask every prospective company which discounts you may be entitled to. Discounts might not be offered everywhere.
Local Chandler auto insurance agents and insurance
Many drivers would prefer to sit down and talk to an agent and often times that is recommended Good agents are very good at helping people manage risk and will help you if you have claims. One of the best bonuses of comparing insurance prices online is that you can find lower car insurance rates and still have an agent to talk to. And supporting neighborhood agents is especially important in Chandler.
After filling out this simple form, the coverage information gets sent to participating agents in Chandler that provide free Chandler auto insurance quotes and help you find cheaper coverage. It’s much easier because you don’t need to contact an agency because quoted prices will be sent directly to you. If you need to get a comparison quote for a specific company, just go to their quote page and complete a quote there.
Pick the best auto insurance agent in Chandler for you
If you want a local insurance agency, you must know there are a couple types of agencies and how they can write your policy. Insurance agencies in Chandler can be categorized as either independent agents or exclusive agents. Either one can do a good job, but it is important to understand the difference in the companies they write for since it can impact your selection of an agent.
Independent Insurance Agents (or Brokers)
These type of agents are normally appointed by many insurers and that is an advantage because they can write policies amongst many companies and find the cheapest insurance rates. If your agent finds better pricing, they can switch companies in-house which makes it simple for you.
If you need lower rates, we highly recommend that you get quotes from independent agents in order to have the best price comparison. Most also have access to smaller mutual companies which could offer lower prices.
Listed below is a list of independent agencies in Chandler that can give you price quote information.
- Boudreaux, Jerrold Arizona Insurance SVC
393 W Warner Rd # 117 – Chandler, AZ 85225 – (480) 890-7900 – View Map
- Oasis Insurance
1200 N Arizona Ave #3 – Chandler, AZ 85225 – (480) 782-9202 – View Map
- Parrish Insurance
1256 W Chandler Blvd # G – Chandler, AZ 85224 – (480) 821-1005 – View Map
Exclusive Insurance Agencies
Agents in the exclusive channel have only one company to place business with and examples are Farmers Insurance or State Farm. These agents are unable to give you multiple price quotes so you might not find the best rates. Exclusive agents receive a lot of sales training on their products and sales techniques which helps them sell insurance even at higher premiums. Some insured continue to choose to use an exclusive agent partially due to the brand name rather than low rates.
Below are exclusive insurance agents in Chandler that can give you price quote information.
- Farmers Insurance – Delia Aguirre
813 W Elliot Rd #6 – Chandler, AZ 85225 – (480) 491-3232 – View Map
- Allstate Insurance: Joe Kittelson
1351 N Alma School Rd Ste 160 – Chandler, AZ 85224 – (480) 545-8877 – View Map
- State Farm: Debbie Wiltse
4980 S Alma School Rd #A6 – Chandler, AZ 85248 – (480) 792-9468 – View Map
Choosing a insurance agent requires you to look at more than just a cheap quote. Below are some questions you should ask.
- Are they able to provide referrals?
- What are their preferred companies if they are an independent agency?
- Is the agent and/or agency licensed to do business in Arizona?
- Are they full-time agents?
- Are aftermarket or OEM parts used to repair vehicles?
- What companies can they write with?
- Do they have cheaper tiers of coverage?
What insurance coverages do I need?
When it comes to buying insurance from an agent or online for your vehicles, there is no “best” method to buy coverage. Your financial needs are unique and your insurance should unique, too.
Here are some questions about coverages that can aid in determining whether or not you might need an agent’s assistance.
- Do I have ACV or replacement cost coverage?
- What does PIP insurance cover?
- Do I need rental car coverage?
- Should I drop comprehensive coverage on older vehicles?
- Am I covered if I drive in a foreign country?
- Do I need to call my car insurance company before buying a new car?
If you’re not sure about those questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.
Affordable rates are available
Budget-conscious Lexus GS 450h insurance is definitely available from both online companies and from local insurance agents, and you need to comparison shop both to get a complete price analysis. Some companies may not provide rate quotes online and many times these smaller companies sell through independent agents.
When trying to cut insurance costs, it’s a bad idea to skimp on coverage in order to save money. In many instances, an accident victim reduced comprehensive coverage or liability limits only to find out that their decision to reduce coverage ended up costing them more. Your goal is to find the BEST coverage at a price you can afford.
We just covered some good ideas how to compare Lexus GS 450h insurance rates in Chandler. The key concept to understand is the more price quotes you have, the better likelihood of getting affordable Chandler auto insurance quotes. You may even discover the lowest rates come from the least-expected company. Regional companies may only write in your state and offer lower car insurance rates compared to the large companies like State Farm and Allstate.
Steps to saving on Lexus GS 450h insurance in Chandler
It takes a little time, but the best way to find the cheapest price for Lexus GS 450h insurance in Chandler is to start comparing prices regularly from insurers that insure vehicles in Arizona. Rate comparisons can be done by following these guidelines.
Step 1: Read and learn about how companies price auto insurance and the modifications you can make to prevent expensive coverage. Many factors that result in higher rates like at-fault accidents and poor credit rating can be improved by being financially responsible and driving safely.
Step 2: Request price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like GEICO and Allstate, while independent agents can quote prices for a wide range of insurance providers.
Step 3: Compare the quotes to your current policy premium to see if switching to a new carrier will save money. If you can save some money and decide to switch, make sure there is no coverage gap between policies.
One key aspect when comparing rates is to try to compare identical coverage information on each quote and and to get price estimates from as many different companies as possible. Doing this guarantees a level playing field and the best price quote selection.
To read more, feel free to visit the articles below:
- Auto Insurance Learning Center (State Farm)
- Who Has Cheap Car Insurance Rates for Drivers with Accidents in Chandler? (FAQ)
- Who Has Cheap Chandler Car Insurance Quotes for Lyft Drivers? (FAQ)
- How Much is Chandler Car Insurance for a Honda Civic? (FAQ)
- Child Safety FAQ (iihs.org)
- Frontal Crash Tests (iihs.org)