If you want to save money, the best way to get more affordable Lexus GS 450h insurance is to regularly compare price quotes from insurance carriers in Bakersfield.
- First, try to learn about policy coverages and the modifications you can make to prevent rate increases. Many risk factors that are responsible for high rates such as traffic tickets, fender benders, and a not-so-good credit rating can be controlled by making lifestyle changes or driving safer.
- Second, request rate estimates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from a single company like Progressive or Farmers Insurance, while independent agencies can provide rate quotes from multiple companies. Select a company
- Third, compare the new rates to your existing coverage to see if cheaper GS 450h coverage is available. If you find a better price, make sure there is no coverage gap between policies.
- Fourth, notify your agent or company of your intent to cancel your current car insurance policy. Submit a completed application and payment for the new coverage. As soon as coverage is bound, keep the new certificate verifying coverage above your visor, in the console, or in the glove compartment.
An essential thing to point out is to make sure you’re comparing the same physical damage deductibles and liability limits on every price quote and to quote with as many companies as you can. Doing this enables a level playing field and plenty of rates choose from.
Statistics show that a large majority of drivers have purchased from the same company for more than four years, and approximately 38% of consumers have never compared insurance rates at all. Most drivers in California could save nearly 35% every year, but they feel it’s too difficult to compare rates and save money.
If you are insured now, you will definitely be able to find better prices using this strategy. The purpose of this post is to instruct you on how car insurance works. Nevertheless, California consumers must learn the way insurance companies charge you for coverage because rates are impacted by many factors.
The are a couple different ways to compare rate quotes from companies that offer car insurance in California. The best method to find the lowest Lexus GS 450h rates is to jump online and get quotes. When quoting car insurance, remember that getting more free quotes helps improve the odds of finding a lower rate.
The car insurance companies shown below provide price quotes in Bakersfield, CA. If multiple companies are shown, we recommend you compare several of them to find the most affordable car insurance rates.
Detailed insurance information
The data table displayed next covers detailed analysis of policy rates for Lexus GS 450h models. Understanding how premiums are formulated can assist in making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GS 450H Hybrid | $280 | $628 | $574 | $34 | $172 | $1,688 | $141 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Prices do not factor in specific garaging location which can affect coverage prices greatly.
Full coverage rates compared to liability-only
The diagram below visualizes the comparison of Lexus GS 450h insurance costs with and without physical damage coverage. Data assumes no violations or claims, $1,000 deductibles, drivers are not married, and no other discounts are factored in.
When to drop comprehensive and collision
There is no exact rule to eliminate comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of comprehensive and collision coverage is about 10% or more of replacement cost minus your deductible, then it may be the right time to buy liability only.
For example, let’s assume your Lexus GS 450h settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $4,000 after paying your deductible. If premium cost is more than $400 annually for comprehensive and collision coverage, then you may need to consider dropping full coverage.
There are some circumstances where removing full coverage is not a good plan. If you haven’t paid off your loan, you have to carry full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.
Reduce your insurance rates with discounts
Buying insurance is not cheap, but you can get discounts that can drop the cost substantially. Some of these discounts will be visible when you get a quote, but some need to be specifically requested before you will receive the discount.
- E-sign Discounts – A few insurance companies will give a small break just for signing your application on their website.
- Drivers Education – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education in high school.
- No Charge for an Accident – This one is not really a discount per se, but a handful of insurance companies will turn a blind eye to one accident before raising your premiums with the catch being you have to be claim-free for a set time period.
- New Vehicle Savings – Buying a new car instead of a used GS 450h is cheaper because newer vehicles keep occupants safer.
- Save over 55 – Drivers over the age of 55 may receive a small discount on rates.
- Student in College – Children who attend college more than 100 miles from Bakersfield and do not have a car can receive lower rates.
- Drive Less and Save – Keeping the miles down on your Lexus could be rewarded with lower prices due to less chance of an accident.
It’s important to understand that some credits don’t apply to the entire cost. The majority will only reduce individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, that’s just not realistic. Any qualifying discounts will reduce the amount you have to pay.
The illustration below shows the comparison of Lexus GS 450h car insurance rates with and without discounts applied to the policy premium. The rates are based on a male driver, no tickets, no at-fault accidents, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, homeowner, multi-car, claim-free, and multi-policy discounts applied.
A few of the larger companies and a summarized list of policyholder discounts are shown below.
- Progressive offers discounts for good student, homeowner, online signing, continuous coverage, multi-policy, online quote discount, and multi-vehicle.
- AAA policyholders can earn discounts including education and occupation, multi-car, multi-policy, AAA membership discount, and good student.
- Farmers Insurance may have discounts that include teen driver, alternative fuel, electronic funds transfer, early shopping, and business and professional.
- GEICO has discounts for multi-vehicle, good student, five-year accident-free, membership and employees, and defensive driver.
- Esurance discounts include Switch & Save, anti-theft, safety device, good student, online quote, multi-car, and paid-in-full.
- SAFECO may include discounts for bundle discounts, teen safety rewards, anti-lock brakes, accident prevention training, homeowner, and multi-car.
- State Farm offers discounts including passive restraint, Drive Safe & Save, driver’s education, multiple policy, and anti-theft.
When quoting, ask all the companies how you can save money. Some of the discounts discussed earlier may not apply to policies in every state. For a list of insurers that have a full spectrum of discounts in Bakersfield, click here to view.
Buying the right GS 450h insurance in California is an important decision
Despite the potentially high cost of Lexus GS 450h insurance, insuring your vehicle is a good idea for several reasons.
- Most states have minimum liability requirements which means it is punishable by state law to not carry a minimum amount of liability 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 you have a loan on your Lexus, it’s guaranteed your bank will stipulate that you have insurance to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Lexus at a more expensive rate and force you to reimburse them for it.
- Insurance protects not only your Lexus GS 450h but also your assets. It will also cover medical bills for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your Lexus gets damaged, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of having insurance are definitely more than the cost, especially with large liability claims. On average, a vehicle owner in Bakersfield is wasting up to $865 each year so compare rates at least once a year to save money.
Which is the best auto insurance?
When buying your policy, there isn’t really a one-size-fits-all type of policy. Everyone’s needs are different.
Here are some questions about coverages that may help you determine whether or not you might need an agent’s assistance.
- Are my tools covered if they get stolen from my vehicle?
- Do all my vehicles need collision coverage?
- Is water damage covered by my policy?
- Am I covered when driving on a suspended license?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- Which companies will insure me after a DUI?
- Do I have any recourse if my insurance company denies a claim?
- How do I insure my teen driver?
If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.
Auto insurance agents can give valuable advice
A lot of people still prefer to buy from a licensed agent and often times that is recommended The best thing about getting free rate quotes online is that drivers can save money and get cheap rate quotes and also buy local.
For easy comparison, once you complete this quick form, your information is instantly submitted to agents in your area who will return price quotes for your insurance coverage. There is no reason to contact any agents as quotes are delivered instantly to you. You’ll get the best rates without having to waste a lot of time. If you wish to get a comparison quote from one company in particular, just search and find their rate quote page to submit a rate quote request.
Picking an provider should depend on more than just a cheap quote. These are valid questions to ask:
- Is there a Errors and Omissions policy in force?
- How long has the business existed?
- How much will you save each year by using a higher deductible?
- Do they offer rental car reimbursement?
- Do they have 24-hour customer assistance?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Are claim adjusters local or do you have to take your car somewhere else?
Pick the best car insurance agent in Bakersfield for you
When searching for a local Bakersfield insurance agency, you must know there are a couple different types of agents that you can select. Insurance policy providers can be categorized as either independent or exclusive.
Exclusive Insurance Agents
These type of agents can only provide one company’s prices like AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents are unable to compare rates from other companies so you need to shop around if the rates are high. Exclusive agencies are very knowledgeable on sales techniques which helps offset the inability to provide other markets. Consumers sometimes buy from the same agent for years primarily because of high brand loyalty and strong financial ratings.
Below is a list of exclusive agents in Bakersfield willing to provide price quote information.
- Rosie Schweer – State Farm Insurance Agent
4200 Gosford Rd #103 – Bakersfield, CA 93313 – (661) 396-7961 – View Map - Farmers Insurance – Scott Brown
6501 Schirra Ct #100 – Bakersfield, CA 93313 – (661) 837-4100 – View Map - GEICO Insurance Agent
5550 California Ave #101 – Bakersfield, CA 93309 – (661) 431-1780 – View Map
Independent Agents (or Brokers)
These agents are appointed with more than one company and that is an advantage because they can write policies amongst many companies and get the cheapest rates. If they find a lower price, they simply move the coverage in-house and you don’t have to do anything. If you are comparing rate quotes, we recommend you get several quotes from independent agents to ensure the widest selection of prices. A lot of them also have access to smaller mutual companies that may have much lower rates than larger companies.
Shown below is a short list of independent insurance agencies in Bakersfield willing to provide price quotes.
- Nationwide Insurance: Michaud Insurance Agency Inc
201 California Ave – Bakersfield, CA 93304 – (661) 633-9900 – View Map - Hay Insurance Agency Inc.
4921 Calloway Dr # 101 – Bakersfield, CA 93312 – (661) 829-8933 – View Map - Paul Sheldon Insurance and Benefits Planning
5251 Office Park Dr #100 – Bakersfield, CA 93309 – (661) 398-2298 – View Map