Compare Lexus HS 250h Insurance Rate Quotes in Arlington

Discount Lexus HS 250h insuranceA recent survey discovered that about 70% of customers have bought insurance from the same company for at least four years, and just short of a majority have never compared quotes from other companies. With the average insurance premium being $1,847, U.S. drivers can save up to $850 each year just by comparing rates, but most undervalue the amount of money they would save if they switch to a new company.

To save the most money, the best way to find low-cost auto insurance rates in Arlington is to compare prices annually from insurance carriers who can sell car insurance in Texas.

One piece of advice is to use similar limits and deductibles on every quote request and and to get price estimates from as many companies as you can. Doing this guarantees a fair rate comparison and a thorough selection of prices.

Detailed insurance information

The coverage table displayed next outlines a range of coverage prices for Lexus HS 250h models. Having a good understanding how insurance rates are formulated can be useful when making smart choices when purchasing an auto insurance policy.

Lexus HS 250h Insurance Rates in Arlington, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $234 $462 $310 $18 $94 $1,118 $93
HS 250H Premium 4-Dr Sedan $234 $462 $310 $18 $94 $1,118 $93
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Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Information does not factor in specific location information which can change rates noticeably.

Physical damage deductibles

When comparing insurance rates, the most common question is where should you set your physical damage deductibles. The comparisons below determine the difference in cost of buying low and high deductibles. The first data set uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $1,000 deductible.

Lexus HS 250h insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $370 $672 $324 $20 $96 $1,507 $126
HS 250H Premium 4-Dr Sedan $370 $672 $324 $20 $96 $1,507 $126
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Lexus HS 250h insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $228 $424 $324 $20 $96 $1,092 $91
HS 250H Premium 4-Dr Sedan $228 $424 $324 $20 $96 $1,092 $91
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rate information does not factor in garaging location in Arlington which can decrease or increase premium rates substantially.

Based on the figures above, using a $250 deductible will cost you approximately $35 more each month or $420 for a full year across all Lexus HS 250h models than opting for the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 21 months between claim filings, you would probably come out ahead by going with a higher deductible.

Calculation for raising deductibles

Average monthly premium for $250 deductibles: $126
Average monthly premium for $1,000 deductibles (subtract): – $91
Monthly savings from raising deductible: $35
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $35
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 21 months

One important note is that increasing deductibles to save money results in more money out-of-pocket if you have a claim. That will force you to have enough money stashed away in order to pay the higher deductible in order to repair your vehicle.

The diagram below illustrates how choosing a deductible and can influence Lexus HS 250h insurance costs for different age groups. The costs are based on a married male driver, full coverage, and no additional discounts are factored in.

Comparison of insurance rates by gender

The chart below illustrates the comparison of Lexus HS 250h insurance costs for male and female drivers. Data assumes no tickets, no at-fault accidents, comprehensive and collision coverage, $500 deductibles, single status, and no discounts are applied.

How to Lower Your Insurance Premiums

Lots of things are part of the calculation when premium rates are determined. A few of the factors are predictable like a motor vehicle report, but other factors are more obscure such as your credit history or how safe your car is.

Maintain auto insurance coverage – Going without insurance is a quick way to drive up your policy premiums. Not only will rates go up, being ticketed for driving with no insurance may result in a fine, jail time, or a revoked license. Then you may be required to prove you have insurance by filing a SR-22 with the Texas DMV.

Occupation and insurance rates – Did you know your job can affect your rates? Occupational choices like military personnel, airline pilots, and miners tend to have higher premiums than the average policyholder because of intense work-related stress and long work hours. Conversely, occupations like actors, historians and homemakers have lower than average premiums.

Where you live can impact prices – Having an address in less populated areas has it’s advantages if you are looking for the lowest rates. People in densely populated areas regularly have congested traffic and more severe claims. Fewer drivers on the road means fewer accidents and lower theft and vandalism rates.

How credit history affects auto insurance rates – Having a good credit rating is likely to be a major factor in determining what you pay. If your credit score can use some improvement, you may save money insuring your Lexus HS 250h by taking the time to improve your credit score. People with high credit ratings tend to be better risks to insure than those with lower ratings.

Car insurance liability insurance limits – Liability insurance kicks in if ever you are ruled to be at fault for causing damage or personal injury in an accident. Your liability coverage provides for a legal defense starting from day one. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.

Deter theft and lower rates – Selecting a car model with a theft deterrent system can help lower your premiums. Advanced theft deterrents like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your car from being stolen.

How to find a good Arlington auto insurance company

Ending up with a good quality auto insurance provider can be challenging considering how many choices drivers have in Arlington. The company information listed below can help you select which coverage providers to look at to insure your vehicles.

Top 10 Arlington Car Insurance Companies by A.M. Best Rank

  1. Travelers – A++
  2. USAA – A++
  3. GEICO – A++
  4. State Farm – A++
  5. Titan Insurance – A+
  6. Esurance – A+
  7. Progressive – A+
  8. The Hartford – A+
  9. Allstate – A+
  10. Nationwide – A+

Don’t give up on affordable premiums

We covered some good ideas how you can shop for Lexus HS 250h insurance online. The key concept to understand is the more companies you get premium rates for, the higher your chance of finding affordable Arlington car insurance quotes. You may even discover the biggest savings come from an unexpected company.

As you prepare to switch companies, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, someone dropped liability limits or collision coverage only to regret at claim time that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at a price you can afford but still have enough coverage for asset protection.

Some companies don’t offer internet price quotes and these small, regional companies only sell through independent agents. Cheaper auto insurance in Arlington is available online and also from your neighborhood Arlington agents, and you should compare rates from both in order to have the best price selection to choose from.

More information is located at the links below