Save Money on Lexus IS 350 Insurance in Arlington

The easiest way to find affordable quotes for Lexus IS 350 insurance in Arlington is to compare prices regularly from different companies that sell auto insurance in Texas. You can compare rates by following these guidelines.

  1. Take a few minutes and learn about policy coverages and the things you can change to drop your rates. Many factors that result in higher rates such as traffic tickets, fender benders, and a poor credit score can be rectified by improving your driving habits or financial responsibility.
  2. Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like Progressive or Farmers Insurance, while independent agencies can quote prices from multiple companies.
  3. Compare the quotes to your existing coverage to determine if you can save on IS 350 insurance. If you can save some money and make a switch, make sure there is no coverage gap between policies.
  4. Provide proper notification to your current company to cancel the current policy. Submit the application along with any required down payment for your new policy. Once coverage is bound, keep the new certificate verifying coverage with the vehicle registration.

The key thing to know about shopping around is to try to compare identical coverages on each quote request and and to get rate quotes from as many auto insurance providers as possible. This guarantees an accurate price comparison and a thorough price selection.

Insurance for Lexus IS 350It goes without saying that auto insurance companies don’t want you quoting rates from other companies. Drivers who shop for lower prices are very likely to switch companies because they have good chances of finding a cheaper policy. A recent insurance study discovered that drivers who shopped around saved $860 a year compared to people who never shopped around for lower prices.

If saving the most money on Lexus IS 350 insurance in Arlington is your objective, then learning a little about the best ways to find and compare insurance rates can make shopping around easier.

The companies in the list below offer comparison quotes in Arlington, TX. In order to find cheap auto insurance in Arlington, TX, we recommend you visit two to three different companies to get the lowest price.

Why you need quality insurance for your Lexus IS 350

Even though Arlington IS 350 insurance rates can get expensive, insuring your vehicle is required in Texas but also provides important benefits.

The benefits of buying enough insurance definitely exceed the cost, specifically if you ever have a liability claim. According to a survey of 1,000 drivers, the average driver overpays more than $865 each year so smart consumers compare quotes at every renewal to ensure rates are inline.

Rates and information analytics

The premium table shown below highlights detailed analysis of prices for Lexus IS 350 models. Having a good understanding how insurance prices are established is important for you to make smart choices when purchasing an auto insurance policy.


Lexus IS 350 Insurance Rates in Arlington, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
IS 350 4-Dr Sedan $370 $672 $382 $22 $114 $1,560 $130
IS 350 C 2-Dr Convertible $370 $672 $382 $22 $114 $1,560 $130
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Price estimates do not factor in vehicle location which can raise or lower coverage rates substantially.

Car insurance deductibles

One of the more difficult decisions when buying car insurance is what deductibles to buy. The premium rates below determine the rate fluctuation between low and high policy deductibles. The first rate quote example uses a $250 deductible for physical damage and the second price grid uses a $500 deductible.


Lexus IS 350 insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
IS 350 4-Dr Sedan $370 $672 $382 $22 $114 $1,585 $132
IS 350 C 2-Dr Convertible $370 $672 $382 $22 $114 $1,585 $132
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Lexus IS 350 insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
IS 350 4-Dr Sedan $300 $542 $382 $22 $114 $1,360 $113
IS 350 C 2-Dr Convertible $300 $542 $382 $22 $114 $1,360 $113
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Information does not factor in specific garaging location which can impact auto insurance rates noticeably.

Based on these figures, using a $250 deductible costs an average of $19 more each month or $228 for a full year than selecting the higher $500 deductible. Since the policyholder would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 13 months between claims, you would save money if you choose a higher deductible.

Drive responsibly or pay higher rates

The illustration below illustrates how speeding tickets and at-fault claims can increase Lexus IS 350 insurance premiums for different age groups of insureds. Data assumes a married male driver, comp and collision included, $100 deductibles, and no other discounts are factored in.

Lexus IS 350 insurance premiums by gender

The information below illustrates the difference between Lexus IS 350 annual premium costs for male and female drivers. The premiums are based on no claims, a clean driving record, comp and collision included, $1,000 deductibles, marital status is single, and no additional discounts are factored in.

Cost of full coverage

The illustration below shows the comparison of Lexus IS 350 insurance premiums with full coverage and liability only. The premiums assume no claims or violations, $100 deductibles, marital status is single, and no policy discounts are applied.

When to buy liability coverage only

There is no exact rule for eliminating physical damage insurance, but there is a broad guideline. If the annual cost of your full coverage insurance is 10% or more of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let’s assume your Lexus IS 350 claim settlement value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $3,000 after paying your deductible. If premiums are more than $300 a year for physical damage coverage, then it might be time to buy liability only.

There are some circumstances where buying only liability insurance is not financially feasible. If you haven’t satisfied your loan, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not buy liability only.

Cheaper Lexus IS 350 insurance in Arlington

Auto insurance companies don’t always publicize all possible discounts very well, so the below list has a few of the more well known as well as the least known discounts that you may qualify for.Discount insurance

Don’t be shocked that most of the big mark downs will not be given to the overall cost of the policy. Some only apply to specific coverage prices like liability and collision coverage. So when it seems like you can get free auto insurance, that’s just not realistic.

The information below illustrates the comparison of Lexus IS 350 insurance costs with and without discounts being applied to the rates. The rates are based on a female driver, no accidents or driving violations, Texas state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, multi-car, claim-free, safe-driver, and marriage discounts applied.

A list of insurance companies and a summarized list of policyholder discounts are outlined below.

When comparing rates, check with each company which discounts can lower your rates. Depending on the company, some discounts may not apply in every state. If you would like to choose from a list of providers that can offer you the previously mentioned discounts in Arlington, click here.

What insurance coverages do I need?

When buying proper insurance coverage for your personal vehicles, there really is not a one size fits all plan. Each situation is unique so your insurance needs to address that.Higher deductibles save money
For example, these questions might help in determining whether you might need an agent’s assistance.

If you can’t answer these questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.