Cheapest Insurance for a Lexus RX 350 in Bakersfield

Insurance rates Lexus RX 350 in BakersfieldIf you want to save money, the best way to quote cheaper auto insurance rates is to start doing an annual price comparison from companies who provide car insurance in Bakersfield.

A tip to remember is to compare the same coverage limits and deductibles on every quote and and to get price quotes from as many companies as feasibly possible. This helps ensure an apples-to-apples comparison and the best price selection.

A recent insurance study discovered that a large majority of drivers in California have remained with the same insurance company for four years or more, and about 40% of consumers have never compared rates to find lower-cost insurance. Drivers in the United States can save hundreds of dollars each year just by shopping around, but they don’t know the amount of savings they would get if they just switched companies.

We hope to help educate you on how auto insurance companies operate and also pocket some savings If you have insurance now, you will surely be able to find better prices using the ideas presented in this article. But California car owners must comprehend the methods companies use to price insurance differently and use it to find better rates.

The fastest way that we advise to get rate comparisons for Lexus RX 350 insurance in Bakersfield is to know the fact most insurance companies have advanced systems to compare rate quotes. All consumers are required to do is take a few minutes to give details including your education level, whether your vehicle is owned or leased, whether you drive to work or school, and the ages of drivers. That information is sent automatically to all major companies and they return rate quotes very quickly.

To compare rates for your Lexus RX 350 now, click here and enter your coverage details.

The providers in the list below are ready to provide free rate quotes in California. If more than one company is shown, we suggest you visit two to three different companies to get the best price comparison.

Statistics and details

The price information below highlights different coverage costs for Lexus RX 350 models. Understanding how insurance rates are established can aid in making informed coverage decisions.

Lexus RX 350 Insurance Rates in Bakersfield, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 350 2WD $266 $490 $500 $30 $150 $1,436 $120
RX 350 4WD $266 $490 $500 $30 $150 $1,436 $120
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Rate information does not factor in specific location information which can affect price quotes noticeably.

Gender-based insurance rates by age

The diagram below shows the difference between Lexus RX 350 car insurance costs for male and female drivers. The data is based on no claims, a clean driving record, full physical damage coverage, $500 deductibles, drivers are not married, and no discounts are taken into consideration.

Full coverage versus liability only rates

The example below shows the comparison of Lexus RX 350 car insurance costs with full coverage compared to only the California minimum liability coverage. The premium estimates are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single marital status, and no additional discounts are factored in.

Are you wasting money paying for full coverage?

There isn’t a written rule that works best for making the decision to drop physical damage insurance, but there is a guideline you can consider. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.

For example, let’s pretend your Lexus RX 350 book value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $6,000 after paying the physical damage deductible. If you are paying more than $600 a year for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are a few situations where eliminating full coverage is not financially feasible. If you still owe a portion of the original loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.

Three main reasons to buy car insurance

Despite the high insurance cost for a Lexus RX 350 in Bakersfield, buying car insurance may be required for several reasons.

First, almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability protection in order to get the vehicle licensed. 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.

Second, if your vehicle has a loan, almost all lenders will require that you buy full coverage to guarantee payment of the loan. If you default on your policy, the bank will be required to insure your Lexus at a significantly higher premium and force you to pay for it.

Third, car insurance preserves not only your Lexus but also your assets. It also can pay for all forms of medical expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, will also pay to defend you if you are sued as the result of an accident. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.

The benefits of carrying adequate insurance definitely exceed the price paid, particularly when you have a large claim. As of last year, the average driver in California is overpaying over $810 a year so you should quote rates once a year at a minimum to save money.

Good Decisions Result in Lower Insurance Rates

Many things are used in the calculation when premium rates are determined. Some of the criteria are obvious such as your driving record, but other factors are more obscure such as whether you are married or your financial responsibility.

Save a ton with discounts

Some providers don’t list every possible discount very clearly, so the following is a list of some of the best known in addition to some of the lesser obvious credits available to you. If you check and find you aren’t receiving every discount you qualify for, you are throwing money away.Insurance discounts

Just know that most discount credits are not given to the entire policy premium. Most only apply to specific coverage prices like comprehensive or collision. If you do the math and it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

The information below illustrates the difference between Lexus RX 350 annual premium costs with and without discounts applied to the premium. The rate quotes are based on a male driver, no accidents, no driving violations, 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 claim-free, multi-policy, marriage, safe-driver, multi-car, and homeowner discounts applied.

A few of the larger companies and some of the discounts are detailed below.

If you need low cost Bakersfield auto insurance quotes, ask each company how many discounts you can get. Savings may not apply to policies in Bakersfield. If you would like to choose from a list of insurers who offer online Lexus RX 350 insurance quotes in Bakersfield, click here to view.

Local neighborhood agents and insurance

A lot of people just prefer to have an agent’s advice. One of the benefits of comparing rate quotes online is the fact that drivers can get cheap insurance quotes and also buy local. Putting coverage with local insurance agencies is important especially in Bakersfield.

Insurance agency in BakersfieldUpon completion of this quick form, your coverage information gets sent to local insurance agents in Bakersfield that give free quotes for your insurance coverage. You never need to contact any agents since price quotes are sent to you directly. You can find better rates and work with a local agent. If you want to get a price quote from a specific insurance provider, you would need to search and find their rate quote page and fill out their quote form.

When searching for a reputable agency, you must know there are a couple different types of agents and how they operate. Insurance agencies in Bakersfield may be either independent agents or exclusive agents depending on their employer.

Independent Insurance Agents

Agents in the independent channel are not limited to a single company and that enables them to quote your coverage through many companies and find you cheaper rates. If your premiums go up, the agent simply finds a different carrier which makes it simple for you.

When comparing insurance rates, you definitely need to compare quotes from independent agents to get the most accurate price comparison. Many write coverage with smaller regional carriers who may have lower rates.

Shown below is a small list of independent agencies in Bakersfield that may be able to provide rate quotes.

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Exclusive Insurance Agents

These type of agents can usually just insure with one company and examples are American Family, State Farm, and AAA. Exclusive agencies are unable to provide prices from multiple companies so they are skilled at selling on more than just price. Exclusive insurance agents receive a lot of sales training on their company’s products and that allows them to sell at a higher price point. Consumers frequently use the same exclusive agent mostly because of the brand and the convenience of having a single billing for all their coverages.

The following is a list of exclusive insurance agents in Bakersfield that are able to give price quotes.

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Deciding on an auto insurance agent is decision based upon more than just a cheap price quote. Agents should be asked these questions:

Bakersfield car insurance companies

Insuring your vehicle with a highly-rated insurance provider can be a challenge considering how many different companies there are to choose from in California. The company information shown next could help you decide which providers to look at when looking for cheaper rates.

Top 10 Bakersfield Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. AAA of Southern California
  4. State Farm
  5. The Hartford
  6. AAA Insurance
  7. GEICO
  8. The General
  9. Titan Insurance
  10. Progressive

Find cheaper car insurance rates by comparing often

As you restructure your insurance plan, you should never skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice liability limits or collision coverage only to discover later that the small savings ended up costing them much more. Your goal is to purchase plenty of coverage at the best price while still protecting your assets.

Some car insurance companies do not offer price quotes online and most of the time these small, regional companies prefer to sell through independent agents. Lower-priced car insurance in Bakersfield is possible on the web as well as from insurance agents, and you need to price shop both to get a complete price analysis.

Insureds who switch companies do it for any number of reasons including lack of trust in their agent, poor customer service, policy cancellation or delays in responding to claim requests. No matter why you want to switch, choosing a new company is not as difficult as it may seem.

Additional car insurance information is available below: