We don’t have to tell you that insurance companies don’t want you comparing rates. People who shop around annually are highly likely to switch auto insurance companies because they have good chances of finding a cheaper policy. A survey found that people who routinely shopped for cheaper coverage saved $860 a year compared to policyholders who never shopped around for lower prices.
If finding the cheapest price on car insurance in Bakersfield is why you’re here, then having an understanding of how to get rate quotes and compare auto insurance can help you succeed in saving money.
If you want to save money, the best way to find affordable car insurance rates is to begin comparing prices regularly from insurance carriers who can sell car insurance in Bakersfield.
- First, read and learn about auto insurance and the steps you can take to keep rates low. Many policy risk factors that cause rate increases like at-fault accidents and poor credit can be amended by making minor changes in your lifestyle.
- Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from a single company like GEICO or Allstate, while agents who are independent can provide price quotes for a wide range of companies.
- Third, compare the quotes to the price on your current policy to determine if you can save on LX 570 insurance in Bakersfield. If you can save some money and buy the policy, make sure there is no lapse in coverage.
The key aspect of shopping around is to use the same amount of coverage on each quote and and to get price estimates from all possible companies. Doing this ensures the most accurate price comparison and a thorough selection of prices.
Finding cheap Lexus LX 570 car insurance rates is not a difficult process. All that’s required is to take the time comparing price quotes from online providers.
It’s so simple to compare car insurance rates online takes the place of having to actually drive to insurance agents’ offices. Quoting Lexus LX 570 insurance online eliminates this option unless you prefer the professional abilities of an agent trained in personal lines coverage. You can, however, price shop online but have a local agent actually write the policy.
The providers in the list below are ready to provide quotes in California. If the list has multiple companies, it’s highly recommended you visit several of them in order to find the most affordable rates.
Don’t overlook these six Lexus LX 570 insurance discounts
Buying car insurance is not cheap, but you may be missing some discounts that could drop your premiums quite a bit. Certain discounts will be applied at the time of purchase, but some may not be applied and must be requested specifically before you will receive the discount.
- Good Grades Discount – Maintaining excellent grades can get you a discount of up to 25%. You can use this discount normally up until you turn 25.
- Government Employees – Having worked for a branch of the government may reduce rates when you quote Bakersfield car insurance with some car insurance companies.
- Passive Restraint Discount – Factory air bags and/or automatic seat belt systems may qualify for discounts of 20% or more.
- Resident Student – Older children who live away from home at college and won’t have access to an insured vehicle may be able to be covered for less.
- Telematics Data Discounts – Insureds that choose to allow companies to scrutinize their driving habits remotely like Drivewise from Allstate or In-Drive from State Farm might see lower rates if their driving habits are good.
- Save over 55 – Seniors may receive better car insurance rates.
A quick disclaimer, most discounts do not apply to your bottom line cost. Some only reduce specific coverage prices like collision or personal injury protection. If you do the math and it seems like you would end up receiving a 100% discount, it’s just not the way it works.
The diagram below illustrates the difference between Lexus LX 570 insurance costs with and without discounts applied to the policy premium. The rate quotes are based on a male driver, no claims, a clean driving record, California state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, multi-car, claim-free, homeowner, and marriage discounts applied.
To view companies with discount rates in California, click this link.
Coverage statistics and figures
The data table shown next covers estimates of insurance prices for Lexus LX 570 models. Being aware of how insurance premiums are established can benefit drivers when making smart choices when buying a policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|LX 570 4WD 4-Dr||$448||$914||$534||$32||$160||$2,088||$174|
|Get Your Own Custom Quote Go|
Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Prices do not factor in specific Bakersfield garaging location which can impact auto insurance rates noticeably.
Full coverage versus liability only rates
The illustration below shows the comparison of Lexus LX 570 auto insurance costs with full physical damage coverage and with liability coverage only. The information is based on no claims or driving citations, $100 deductibles, marital status is single, and no discounts are factored in.
When to drop comp and collision
There is no clear-cut formula to delete physical damage insurance, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than around 10% of replacement cost minus your deductible, then it may be the right time to buy liability only.
For example, let’s assume your Lexus LX 570 replacement cost is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $8,000 after paying the physical damage deductible. If premium cost is more than $800 annually for full coverage, the it may be a good time to stop paying for full coverage.
There are some scenarios where removing full coverage is not financially feasible. If you haven’t paid off your loan, you have to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should maintain full coverage.
Local neighborhood insurance agents
Some consumers prefer to go talk to an agent and often times that is recommended Good agents are trained risk managers and help submit paperwork. One of the benefits of comparing rates online is that you can obtain the best rates but still work with a licensed agent. And buying from neighborhood agents is definitely important in Bakersfield.
After completing this simple form, the coverage information is transmitted to local insurance agents who want to provide quotes for your insurance coverage. You won’t need to contact an agency because prices are sent immediately to your email address. In the event you want to get a price quote from a particular provider, don’t hesitate to jump over to their website to submit a rate quote request.
Pick the best car insurance agent in Bakersfield for you
If you prefer to buy auto insurance from a reliable agent, you must know there are a couple different types of agencies to choose from. Auto insurance agents in Bakersfield can be categorized as either exclusive or independent agents depending on their company appointments. Both types of agents can provide auto insurance policies, but it is important to understand the subtle differences since it could factor into your selection of an agent.
Independent Auto Insurance Agencies or Brokers
These agents are not locked into one company and that allows them to write policies through lots of different companies and help determine which has the cheapest rates. If premiums increase, the agent simply finds a different carrier which requires no work on your part.
If you need cheaper auto insurance rates, you definitely need to get some free quotes from independent agents to ensure the widest selection of prices.
Listed below is a short list of independent agencies in Bakersfield that may be able to provide competitive price quotes.
Exclusive Auto Insurance Agencies
Exclusive insurance agents have only one company to place business with such as AAA, State Farm, Farmers Insurance, and Allstate. They generally cannot provide other company’s prices so they are skilled at selling on more than just price. Exclusive agents are well trained in insurance sales and that enables them to sell even at higher rates.
Below are Bakersfield exclusive insurance agencies that can give you price quotes.
Finding the right auto insurance agent requires you to look at more than just the premium amount. Here are some questions to ask:
- Can you choose the body shop in case repairs are needed?
- Will they take your side in the event of a claim?
- Do they offer rental car reimbursement?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Are claim adjusters local or do you have to take your car somewhere else?
- What is the financial rating for the quoted company?
- How will an accident affect your rates?
- Who are their largest clients?
Specific coverage details
Knowing the specifics of a car insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the usual coverages found on most car insurance policies.
Coverage for medical expenses
Coverage for medical payments and/or PIP kick in for bills like pain medications, dental work, EMT expenses, ambulance fees and surgery. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Coverage for uninsured or underinsured drivers
This coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Lexus LX 570.
Since a lot of drivers have only the minimum liability required by law (which is 15/30/5), their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually these coverages do not exceed the liability coverage limits.
This coverage will pay to fix damage to your LX 570 resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision insurance covers things such as hitting a parking meter, damaging your car on a curb, crashing into a ditch, sustaining damage from a pot hole and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible on your LX 570 to save money on collision insurance.
Comprehensive car insurance
Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive insurance covers things such as falling objects, damage from flooding and vandalism. The most your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Liability car insurance
This will cover damages or injuries you inflict on a person or their property that is your fault. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 15/30/5 that translate to a limit of $15,000 per injured person, $30,000 for the entire accident, and a limit of $5,000 paid for damaged property. Some companies may use one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.
Liability insurance covers things such as court costs, bail bonds, medical expenses, repair costs for stationary objects and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible. California requires minimum liability limits of 15/30/5 but you should consider buying more coverage.
The chart below demonstrates why minimum state limits may not be enough coverage.
Persistent drivers can save
When you buy Bakersfield car insurance online, do not reduce coverage to reduce premium. There have been many cases where someone dropped liability limits or collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your goal should be to get the best coverage possible for the lowest cost, not the least amount of coverage.
Some insurance providers don’t offer internet price quotes and these small insurance companies prefer to sell through independent insurance agents. Cheaper Lexus LX 570 insurance in Bakersfield can be sourced online and with local Bakersfield insurance agents, so you should compare both so you have a total pricing picture.
Much more information about auto insurance in California can be read at the links below
- Protect Yourself Against Auto Theft (Insurance Information Institute)
- Who Has Affordable Car Insurance Quotes for Drivers Requiring a SR22 in Bakersfield? (FAQ)
- What Auto Insurance is Cheapest for Drivers Over Age 70 in Bakersfield? (FAQ)
- What Car Insurance is Cheapest for Lyft Drivers in Bakersfield? (FAQ)
- Who Has the Cheapest Car Insurance for a Nissan Sentra in Bakersfield? (FAQ)
- Who Has Affordable Car Insurance Rates for Veterans in Bakersfield? (FAQ)
- What Car Insurance is Cheapest for a Honda Pilot in Bakersfield? (FAQ)
- What Insurance is Cheapest for Drivers with Accidents in Bakersfield? (FAQ)
- Determining Auto Insurance Rates (GEICO)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Booster Seat Ratings (iihs.org)
- Child Safety FAQ (iihs.org)