How many times have you said it’s time to compare cheaper Lexus IS 250 insurance in Chandler? Are you at wits end from sacrificing each month for insurance? You are in the same boat as millions of other people.
It’s amazing but over 70% of consumers have purchased from the same company for over three years, and almost half have never shopped around. Arizona insurance shoppers could save roughly $700 a year by just comparing quotes, but they don’t want to spend time to do a rate comparison.
Online insurance companies like GEICO, Progressive and Allstate all promote huge savings with advertising and it is challenging if not impossible to separate fact from fiction and take the time to shop coverage around.
Save a ton by taking advantage of discounts
Insurance is not cheap nor is it fun to buy but there may be some discounts that you may not even know about. Most are applied when you complete an application, but a few must be asked about before they will apply.
- Defensive Driving Course – Taking time to complete a class that teaches driver safety techniques may get you a small discount and easily pay for the cost of the class.
- Driving Data Discount – Drivers that enable their insurance company to scrutinize when and where they use their vehicle by using a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if they have good driving habits.
- Include Life Insurance and Save – Some insurance companies give a small discount if you purchase auto and life insurance together.
- Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% but check with your company.
- ABS Brakes – Cars and trucks that have anti-lock braking systems are safer to drive and earn discounts up to 10%.
- More Vehicles More Savings – Buying insurance for multiple cars with the same insurance company can get a discount on all vehicles.
You should keep in mind that some credits don’t apply to the whole policy. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though you would think it’s possible to get free car insurance, that’s just not realistic.
The chart below illustrates the difference between Lexus IS 250 auto insurance rates with and without discounts applied to the premium. The premiums assume a male driver, a clean driving record, no claims, Arizona 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 multi-policy, homeowner, claim-free, marriage, safe-driver, and multi-car discounts applied.
Auto insurance companies that have these benefits possibly include:
When comparing rates, check with each company the best way to save money. A few discounts may not apply to policies in Chandler.
Just remember that comparing more rates from different companies will enable you to find the best offered rates.
The companies shown below offer comparison quotes in Chandler, AZ. If you want to find the cheapest car insurance in AZ, we suggest you visit two to three different companies to get a more complete price comparison.
Analysis of Lexus IS 250 rates
The information shown next covers detailed analysis of prices for Lexus IS 250 models. Understanding more about how policy premiums are established can be of help when making smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $250 | $620 | $268 | $16 | $80 | $1,234 | $103 |
| IS 250 AWD 4-Dr | $278 | $620 | $268 | $16 | $80 | $1,262 | $105 |
| IS 250 C 2-Dr Convertible | $278 | $620 | $314 | $18 | $94 | $1,324 | $110 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Prices do not factor in specific location which can influence prices significantly.
Physical damage deductibles
One of the more difficult decisions when buying car insurance is the level to set your comp and collision deductibles. The following tables illustrate the rate differences of buying low and high insurance deductibles. The first set of rates uses a $100 deductible for comp and collision and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $292 | $632 | $254 | $16 | $76 | $1,295 | $108 |
| IS 250 AWD 4-Dr | $324 | $632 | $254 | $16 | $76 | $1,327 | $111 |
| IS 250 C 2-Dr Convertible | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $162 | $334 | $254 | $16 | $76 | $842 | $70 |
| IS 250 AWD 4-Dr | $180 | $334 | $254 | $16 | $76 | $860 | $72 |
| IS 250 C 2-Dr Convertible | $180 | $334 | $300 | $18 | $90 | $922 | $77 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Rates do not factor in specific Chandler garaging location which can increase or decrease premiums noticeably.
Using the premium rates above, we can conclude that using a $100 deductible costs approximately $39 more each month or $468 for a full year averaged for all IS 250 models than choosing the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 23 months between claim filings, you would probably save some money if you opt for a higher deductible.
How to determine if higher deductibles are a good idea
| Average monthly premium for $100 deductibles: | $112 |
| Average monthly premium for $1,000 deductibles (subtract): | – $73 |
| Monthly savings from raising deductible: | $39 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $39 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 23 months |
An important thing to remember is that raising deductibles to save money means you will have to pay more of your own money when you have a physical damage claim. You need to have enough disposable income in order to pay more to get your vehicle repaired.
Safe drivers Chandler pay cheaper rates
The illustration below illustrates how traffic citations and accident claims can raise Lexus IS 250 premium costs for different insured age categories. The price estimates are based on a single male driver, full coverage, $100 deductibles, and no discounts are taken into consideration.
Male drivers versus female drivers
The diagram below compares Lexus IS 250 insurance rates for male and female drivers. The price estimates are based on no driving violations, no at-fault accidents, full physical damage coverage, $250 deductibles, drivers are not married, and no discounts are applied.
Comparison of full coverage and liability-only policies
The illustration below shows the difference between Lexus IS 250 insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Arizona. The prices are based on no accidents, no driving violations, $250 deductibles, drivers are not married, and no discounts are factored in.
Are you wasting money on full coverage?
There isn’t a written rule to stop buying physical damage insurance, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.
For example, let’s assume your Lexus IS 250 book value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would receive is $3,000 after paying the physical damage deductible. If it’s costing you more than $300 a year to have full coverage, then you may want to consider only buying liability coverage.
There are some circumstances where removing full coverage is not a good idea. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should keep full coverage.
Compare prices but work with a local Chandler insurance agency
Some people would rather get professional advice from a licensed agent. The biggest benefit of comparing car insurance online is the fact that you can find cheap car insurance rates and still have a local agent. And supporting small agencies is important particularly in Chandler.
To find an agent, once you fill out this quick form, your insurance data is immediately sent to participating agents in Chandler who will give you bids for your coverage. You won’t even need to search for any insurance agencies since rate quotes are delivered straight to your inbox. It’s the lowest rates and a licensed agent to work with. If you wish to get a comparison quote for a specific company, feel free to search and find their rate quote page to submit a rate quote request.
Auto insurance agents in Chandler come in two varieties
If you want to use a local agent, you must know there are a couple different types of agencies that differ in how they can insure your vehicles. Chandler agents can be classified as either exclusive agents or independent agents.
Independent Car Insurance Agents
Agents that elect to be independent often have many company appointments and that enables them to quote your coverage amongst many companies and find the cheapest rate. If they find a cheaper price, they simply move the coverage in-house and you don’t have to switch agencies. When comparison shopping, it’s a good idea to get several quotes from at least one independent agent to maximize your price options.
The following is a short list of independent insurance agencies in Chandler who can help you get free price quotes.
Oasis Insurance
1200 N Arizona Ave #3 – Chandler, AZ 85225 – (480) 782-9202 – View Map
Sunvalley Insurance (Agency)
4960 S Gilbert Rd #1 – Chandler, AZ 85249 – (480) 626-7218 – View Map
Arizona Insurance Guys
3414 W Oakland St – Chandler, AZ 85226 – (480) 331-6408 – View Map
Exclusive Agents
These agents generally can only insure with one company like American Family, State Farm, and Allstate. They usually cannot provide rate quotes from other companies so they have no alternatives for high prices. Exclusive agents are well schooled on what they offer and that allows them to sell at a higher price point.
Below is a short list of exclusive agents in Chandler that can give you rate quotes.
American Family Insurance – Craig Lloyd
1801 W Queen Creek Rd #1 – Chandler, AZ 85248 – (480) 899-8549 – View Map
Allstate Insurance: Kevin Lum
5055 W Ray Rd Ste 22 – Chandler, AZ 85226 – (480) 883-8798 – View Map
Farm Bureau Insurance
912 W Chandler Blvd – Chandler, AZ 85225 – (480) 284-4223 – View Map
Selecting an insurance agent should depend on more than just a cheap price. Any agent in Chandler should have no problem answering these questions:
- Will the company cover a rental car if your car is getting fixed?
- What insurance companies do they recommend if they are an independent agent?
- Are they in the agency full-time?
- Which insurance companies are they affiliated with?
- Can they give you a list of client referrals?
- How long have they been in business?
- Will they take your side in the event of a claim?
Arizona auto insurance companies
Insuring your vehicle with the highest-rated insurance company can be difficult considering how many choices drivers have in Arizona. The company ratings listed below may help you analyze which car insurance companies to look at when comparing rate quotes.
Top 10 Chandler Car Insurance Companies Ranked by Claims Service
- State Farm
- Esurance
- AAA Insurance
- GEICO
- Liberty Mutual
- Progressive
- Allstate
- Titan Insurance
- The Hartford
- Mercury Insurance
Top 10 Chandler Car Insurance Companies Overall
- USAA
- American Family
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
- Mercury Insurance
The best insurance company isn’t always the cheapest
Some auto insurance companies don’t offer rate quotes online and these small insurance companies sell through independent agents. The cheapest Lexus IS 250 insurance in Chandler is available from both online companies and with local Chandler insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money.
As you restructure your insurance plan, you should never sacrifice coverage to reduce premiums. There are a lot of situations where an insured dropped full coverage only to discover later that the small savings ended up costing them much more. The proper strategy is to find the BEST coverage for the lowest price while not skimping on critical coverages.
We just presented a lot of ways to shop for Lexus IS 250 insurance online. The key thing to remember is the more rate comparisons you have, the better likelihood of getting cheaper Chandler car insurance quotes. Consumers could even find that the biggest savings come from a small mutual company. Some small companies may cover specific market segments cheaper than their larger competitors like Allstate or State Farm.
How to save money on Lexus IS 250 insurance in Chandler
If saving money is your primary concern, then the best way to get discount car insurance rates in Chandler is to start doing an annual price comparison from insurance carriers who can sell car insurance in Arizona. You can shop around by following these guidelines.
Step 1: Take a little time to learn about how insurance companies determine prices and the modifications you can make to keep rates low. Many things that result in higher prices such as your driving record and a less-than-favorable credit rating can be controlled by making minor driving habit or lifestyle changes.
Step 2: Compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from one company like Progressive or Allstate, while independent agents can provide prices from many different companies.
Step 3: Compare the new rates to the premium of your current policy to see if cheaper IS 250 coverage is available in Chandler. If you find a better price and make a switch, verify that coverage does not lapse between policies.
One piece of advice is to try to use the same coverage limits and deductibles on every quote and and to look at as many companies as possible. This ensures a level playing field and a thorough price selection.
Additional information
- Should I Buy a New or Used Car? (Allstate)
- How Much is Car Insurance for Teenagers in Chandler? (FAQ)
- Who Has the Cheapest Chandler Car Insurance Quotes for Electric Cars? (FAQ)
- Who Has Affordable Car Insurance Rates for a Subaru Outback in Chandler? (FAQ)
- Who Has the Cheapest Auto Insurance for a Toyota Camry in Chandler? (FAQ)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- Red Light Cameras (State Farm)
- Auto Insurance Basics (Insurance Information Institute)