Best Lexus GS 350 Insurance in Detroit

The best way to get discount Lexus GS 350 insurance is to compare prices at least once a year from providers who can sell car insurance in Detroit. Prices can be compared by following these guidelines.

1. Learn about car insurance and the things you can control to keep rates down. Many rating criteria that increase rates such as speeding and a lousy credit rating can be eliminated by making lifestyle changes or driving safer. Later in this article we will cover information to prevent rate hikes and get additional discounts that may be available.
2. Request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from one company like GEICO or Allstate, while independent agencies can quote rates from many different companies.
3. Compare the new quotes to your current policy premium to determine if switching companies saves money. If you find better rates and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
4. Give proper notification to your current agent or company to cancel your current policy and submit the required down payment along with the signed application to the newly selected company. As soon as you have the new policy, place your new proof of insurance paperwork above your visor, in the console, or in the glove compartment.

The most important part of this process is that you’ll want to compare the same liability limits and deductibles on every quote and and to get price quotes from as many companies as feasibly possible. This helps ensure a fair price comparison and the most accurate and complete price analysis.

Anyone knows that car insurance companies don’t want you shop around. Consumers who do rate comparisons are inclined to buy a new policy because there is a significant possibility of finding more affordable rates. Remarkably, a study showed that people who compared prices regularly saved over $860 a year compared to policyholders who never compared prices.

If finding the lowest price for car insurance in Detroit is your objective, then having a good understanding how to quote and compare coverage rates can help make the process easier.

The best way we recommend to compare rates for Lexus GS 350 insurance in Detroit is to know the trick auto insurance companies provide online access to give free rates quotes. To get started, all you need to do is give the companies some data like how many miles driven, level of coverage desired, if you’re married, and if a SR-22 is required. Your information is then sent to multiple top-rated companies and they return quotes within a short period of time.

If you would like to start a quote now, click here and complete the form.

The providers in the list below are our best choices to provide price comparisons in Michigan. To locate cheap auto insurance in MI, we recommend you visit several of them in order to find the cheapest rates.

Coverage statistics and figures

The table displayed below outlines different insurance coverage prices for Lexus GS 350 models. Having knowledge of how insurance prices are calculated can help customers make decisions on which insurance to purchase.

Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Michigan minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Prices do not factor in zip code location which can lower or raise insurance rates substantially.

Policy deductible comparison

When comparing car insurance rates, the most common question is at what level do you set your deductibles. The following tables lay out the differences in price when you buy lower versus higher insurance deductibles. The first set of prices uses a $250 deductible for comp and collision and the second rate table uses a $500 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Table data does not factor in specific zip code location which can lower or raise coverage prices considerably.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you approximately $34 more each month or $408 every year than requesting 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 usually have at a minimum 7 months between claim filings, you would probably be better off if you elect the higher deductible.

The example below illustrates how your deductible choice and can affect Lexus GS 350 yearly insurance costs for each age group. The information is based on a married male driver, comp and collision included, and no discounts are factored in.

Lower-cost Detroit auto insurance rates with discounts

Auto insurance is neither fun to buy or cheap, but there are discounts available that you may not know about. Some of these discounts will be visible when you get a quote, but a few must be requested specifically prior to getting the savings.

• Discounts for Responsible Drivers – Drivers without accidents can pay as much as 50% less than drivers with accident claims.
• Senior Discount – If you qualify as a senior citizen, you can possibly qualify for a discount up to 10%.
• Low Mileage Discounts – Low mileage vehicles can earn better auto insurance rates on cars that stay parked.
• Home Ownership Discount – Just being a homeowner can save you money because maintaining a house means you have a higher level of financial diligence.
• Anti-lock Brake Discount – Vehicles that have anti-lock braking systems have fewer accidents and earn discounts up to 10%.
• Defensive Driver Discount – Participating in a course that instructs on driving safety can save you 5% or more and easily pay for the cost of the class.
• Service Members Pay Less – Being deployed in the military could be rewarded with lower premium rates.

It’s important to understand that most credits do not apply to the overall cost of the policy. Most only reduce individual premiums such as comp or med pay. If you do the math and it seems like adding up those discounts means a free policy, you’re out of luck.

The illustration below compares Lexus GS 350 insurance costs with and without some available policy discounts. Data assumes a female driver, no tickets, no at-fault accidents, Michigan state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, homeowner, claim-free, marriage, and multi-policy discounts applied.

Large auto insurance companies and a partial list of their discounts are detailed below.

• 21st Century policyholders can earn discounts including driver training, early bird, student driver, teen driver, and defensive driver.
• Progressive offers discounts for good student, homeowner, multi-vehicle, continuous coverage, multi-policy, and online signing.
• State Farm offers premium reductions for multiple policy, anti-theft, Drive Safe & Save, safe vehicle, and good driver.
• Nationwide offers discounts including good student, family plan, multi-policy, business or organization, defensive driving, accident-free, and anti-theft.
• Esurance discounts include safety device, Switch & Save, anti-lock brakes, emergency road assistance, and multi-policy.
• The Hartford has discounts for good student, defensive driver, anti-theft, air bag, and driver training.

Before you buy a policy, ask each company or agent what discounts are available to you. A few discounts might not be available to policyholders in your state. To choose auto insurance companies that have a full spectrum of discounts in Michigan, click here.

Insurance is not optional in Michigan

Even though Detroit GS 350 insurance rates can get expensive, paying for insurance is required in Michigan but also provides important benefits.

First, the majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability insurance coverage in order to be legal. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if your car has a lienholder, it’s guaranteed your bank will require you to buy insurance to guarantee payment of the loan. If you do not pay your insurance premiums, the lender may have to buy a policy to insure your Lexus at a much higher rate and make you pay the higher price.

Third, insurance protects both your assets and your vehicle. It will also cover medical transport and hospital expenses that are the result of an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.

The benefits of carrying adequate insurance greatly outweigh the cost, especially with large liability claims. On average, a vehicle owner in Detroit is currently overpaying as much as $865 each year so it’s very important to do a rate comparison once a year at a minimum to ensure rates are competitive.

Should I get advice from a local insurance agent?

Certain consumers would prefer to go talk to an agent and that can be a smart move Insurance agents are highly skilled in risk management and help submit paperwork. A nice benefit of comparing insurance prices online is that you can find the best rates but also keep your business local.

To help locate an agent, after submitting this simple form, the coverage information is instantly submitted to agents in your area that provide free Detroit car insurance quotes for your auto insurance coverage. It’s much easier because you don’t need to search for an agent due to the fact that quote results will go to you. If you have a need to compare prices from a specific insurance company, feel free to find their quoting web page and fill out the quote form the provide.

Choosing an company requires you to look at more than just the quoted price. These are some questions your agent should answer.

• Do they get extra compensation for selling add-on coverages?
• Does the quote include credit and driving reports?
• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• Does the agent have professional designations like CIC, CPCU or AIC?
• How many companies do they write for?
• Are you getting all the discounts the company offers?

Multiple types of car insurance agents in Detroit

When looking for a reliable agent, you must know there are a couple different types of agents to choose from. Agencies in Detroit can be classified as either independent agents or exclusive agents. Both types of agents can sell affordable auto insurance policies, but it’s a good idea to understand the difference between them because it can influence the kind of agent you use.

Exclusive Auto Insurance Agencies

Agents of this type work for only one company like Farmers Insurance, Allstate, or State Farm. Exclusive agents are unable to shop your coverage around so you need to shop around if the rates are high. Exclusive agencies are trained well on their company’s products which can be an advantage. Drivers often choose to use a exclusive agent mainly due to the brand legacy and strong financial ratings.

The following is a list of exclusive insurance agencies in Detroit that can give you rate quotes.

• Kenya Wells – State Farm Insurance Agent
  20021 Kelly Rd – Detroit, MI 48225 – (313) 822-5948 – View Map
• Anthony Jackson – State Farm Insurance Agent
  23221 Plymouth Rd – Detroit, MI 48239 – (313) 533-2440 – View Map
• Tony Massey – State Farm Insurance Agent
  15 E Kirby St #112 – Detroit, MI 48202 – (313) 873-3334 – View Map

View more agents

Independent Insurance Agents

Independent agencies do not sell for just one brand and that gives them the ability to insure amongst many companies and find the cheapest auto insurance rates. If they quote lower rates, an independent agent can move your coverage and you can keep the same agent.

When searching for an agent, you will want to include price quotes from at least one independent agent to have the best price comparison. Most also have access to smaller mutual companies which can save you money.

Below is a short list of independent insurance agencies in Detroit that can give you price quotes.

• Advasure Insurance
  13600 W 8 Mile Rd C – Detroit, MI 48205 – (313) 521-0300 – View Map
• Cosby Insurance Agy and Financial Services
  10140 W McNichols Rd – Detroit, MI 48221 – (313) 864-3285 – View Map
• Midwest Underwriters Insurance
  19640 Harper Ave – Grosse Pointe Woods, MI 48236 – (313) 884-8600 – View Map

View more agents