Lexus ES 350 Insurance in Nevada – 7 Ways to Save Money

No one in their right mind cherishes buying car insurance, especially when they are paying too much.

Many auto insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurance companies and get the definite lowest price

It’s important to check car insurance prices every six months since insurance rates are variable and change quite frequently. Just because you had the lowest rates on ES 350 insurance six months ago there is a good chance you can find better rates now. So just block out anything you think you know about car insurance because we’re going to show you the easiest way to find better rates and still maintain coverage.

How to Compare Nevada Car Insurance Rates

All the larger car insurance companies allow you to get coverage price quotes directly from their websites. This process doesn’t take much effort as you simply enter your coverage information into a form. When complete, their system makes automated requests for your driving record and credit report and returns pricing information determined by many factors. Quoting online helps simplify price comparisons, but the process of having to visit different websites and enter the same data into a form is monotonous and tiresome. But it is imperative to have as many quotes as possible in order to get better prices.

The smarter way to locate the lowest prices requires only one form that gets price quotes from several companies at one time. This type of form saves time, requires less work, and makes online price comparison a lot less work. After sending the form, it gets priced and you can choose any one of the returned quotes. If the quotes result in lower rates, you simply finish the application and purchase the new policy. It can be completed in less than 10 minutes and may result in a nice savings.

To quickly get comparison pricing now, simply click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it’s recommended you replicate the insurance coverages exactly as shown on your declarations page. This helps ensure you will receive comparison quotes using the exact same coverages.

Save $451 a year? Really?

21st Century, Allstate and State Farm regularly use television and radio advertisements. All the companies make the same claim that you can save if you move your coverage to them. How can each company make almost identical claims?

All companies can use profiling for the type of driver that is profitable for them. An example of a profitable customer could be between 30 and 50, has no tickets, and drives less than 7,500 miles a year. A driver that hits that “sweet spot” receives the best rates and as a result will probably save when they switch companies.

Drivers who fall outside the “perfect” profile will be quoted a more expensive rate and this can result in the customer not buying. The ads say “customers who switch” not “everybody who quotes” save that much. That’s the way insurance companies can state the savings. This emphasizes why you need to get a wide range of price quotes. It is impossible to predict which insurance companies will have the lowest rates.

Are you getting all your discounts?

Companies that sell car insurance do not advertise every discount very well, so here is a list some of the more common as well as the least known discounts you could be receiving.

  • Military Discounts – Being deployed with a military unit could mean lower rates.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle their seat belts can save up to 15% off your PIP or medical payments premium.
  • Homeowners Discount – Owning a house can save you money because owning a home shows financial diligence.
  • Discount for New Cars – Adding a new car to your policy can save up to 30% due to better safety requirements for new cars.
  • Accident Free – Claim-free drivers pay much less when compared with frequent claim filers.
  • Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates on ES 350 insurance than their less cautious counterparts.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.

Keep in mind that many deductions do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as liability and collision coverage. Even though it may seem like you would end up receiving a 100% discount, you won’t be that lucky.

To choose insurance companies with discount car insurance rates in Nevada, click here.

Neighborhood agents for car insurance

A small number of people prefer to talk to a local agent and that is OK! One of the great benefits of price shopping on the web is the fact that you can find lower rates and still have an agent to talk to.

Once you complete this simple form, the quote information is emailed to participating agents who will give you bids for your insurance coverage. There is no need to even leave your home because quoted prices will be sent directly to your email. It doesn’t get any easier! You can find the lowest rates and work with a local agent.

Selecting a company shouldn’t rely on just the bottom line cost. Ask your prospective agent these questions:

  • Do you have coverage for a rental car if your vehicle is in the repair shop?
  • Does the agency have a good rating with the Better Business Bureau?
  • Do clients work directly with the agent or are most inquiries handled by a CSR?
  • If your car is totalled, how to they determine the replacement cost?
  • Which company do they place the most coverage with?

What types of auto insurance agents are in Nevada?

When finding a reliable agent, you need to know there are two types of agencies from which to choose. Agents are categorized either captive or independent (non-captive).

Captive Agents

Captive agencies are contracted to one company and some examples include Farmers Insurance, American Family, State Farm and Allstate. These agents are not able to compare other company’s rates so it’s a take it or leave it situation. Captives are well schooled on the products they sell which helps them compete with independent agents.Car insurance in Nevada

Independent Agencies or Brokers

Independent insurance agents are not required to write business for one company but instead can place your coverage with many different companies enabling the ability to shop coverage around. If your agent finds better pricing, they simply move the coverage in-house and that require little work on your part.

When shopping rates, it’s a good idea to get quotes from several independent insurance agents to have the most options to choose from.

To view a full list of insurance agencies in Nevada, view this site.

Once you have positive responses to these questions in addition to an acceptable price estimate, most likely you have located a car insurance agent that will insure your vehicles.

Auto insurance coverage information

Learning about specific coverages of your policy helps when choosing the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages available from car insurance companies.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like EMT expenses, hospital visits and pain medications. They can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as rock chips in glass, a broken windshield and vandalism. The highest amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.


This protects you from injuries or damage you cause to other’s property or people. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for claims such as bail bonds, structural damage, medical services, medical expenses and loss of income. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford. Nevada state law requires minimum liability limits of 15,000/30,000/10,000 but it’s recommended drivers buy better liability coverage.

Collision coverage protection

Collision coverage will pay to fix damage to your ES 350 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as crashing into a ditch, colliding with a tree, damaging your car on a curb and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Lexus ES 350.

Due to the fact that many Nevada drivers carry very low liability coverage limits (15/30/10 in Nevada), it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

More tips and info about car insurance is located at the Nevada Division of Insurance website. Consumers can find out industry alerts, read state legal mandates and laws, and read enforcement actions against agents and companies.

The following information may also be useful.

Buy online or local, you save

In this article, we covered some good ideas how you can lower your Lexus ES 350 insurance rates. It’s most important to understand that the more companies you get rates for, the better your chances of lowering your rates. You may even find the lowest rates come from some of the lesser-known companies. These companies may only write in your state and offer lower rates as compared to the big name companies such as Progressive and GEICO.

The cheapest Lexus ES 350 insurance can be purchased on the web and also from your neighborhood Nevada agents, so you should be comparing quotes from both to have the best selection. Some companies may not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.

When you buy insurance online, make sure you don’t reduce needed coverages to save money. There are too many instances where someone sacrificed liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy enough coverage at the best price while not skimping on critical coverages.