Insurance for Lexus RX 350Are you tired of trying to find more affordable Lexus RX 350 insurance in Fort Collins? If shopping for Fort Collins car insurance quotes online is new to you, by this point your are probably overwhelmed by the vast number of companies that all promise to save you money.

Unbelievable but true according to a study the vast majority of consumers kept buying from the same company for at least four years, and almost 40% of drivers have never shopped around. American drivers can save hundreds of dollars each year by just shopping around, but they assume it's a waste of time to compare rates online.

It's a good habit to compare rates periodically because auto insurance prices are usually higher with each renewal. Despite the fact that you may have had the best quotes on Lexus RX 350 insurance in Fort Collins at your last renewal there may be better deals available now. Ignore everything you know about auto insurance because I'm going to teach you one of the easiest ways to lower your annual insurance bill.

When comparison shopping, comparing a wide range of rates helps increase your odds of locating a lower rate. Some smaller insurers do not give online price quotes, so it's recommended that you also compare price quotes from them as well.

The following companies are ready to provide price comparisons in Fort Collins, CO. If multiple companies are shown, we suggest you visit two to three different companies to get the cheapest price.

Lexus RX 350 Insurance Costs in Fort Collins, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 350 2WD $278 $500 $396 $24 $118 $1,316 $110
RX 350 4WD $308 $616 $536 $32 $160 $1,652 $138
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Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Prices do not factor in vehicle location which can decrease or increase premium rates greatly.

Policy deductibles

The information below highlights how deductible choice and can increase or decrease Lexus RX 350 insurance premiums for different age groups. The prices are based on a single female driver, full physical damage coverage, and no discounts are taken into consideration.

Deductible comparison

One frequently asked question is how high should the deductibles for physical damage be. The rates below may help you to understand how much more rates are between high and low coverage deductibles. The first data table uses a $100 deductible for comp and collision and the second price grid uses a $500 deductible.

Lexus RX 350 insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 350 2WD $380 $740 $396 $24 $118 $1,683 $140
RX 350 4WD $380 $740 $396 $24 $118 $1,683 $140
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Lexus RX 350 insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 350 2WD $278 $500 $396 $24 $118 $1,316 $110
RX 350 4WD $278 $500 $396 $24 $118 $1,316 $110
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Estimates do not factor in garaging location in Fort Collins which can change premiums noticeably.

We can estimate from the data above that using a $100 deductible costs approximately $30 more each month or $360 a year than buying the higher $500 deductible. Due to the fact that you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to go at least 13 months between claim filings, you would probably save some money if you choose a higher deductible. The numbers below show the way you can make this decision for your own policy.

Average monthly premium for $100 deductibles: $140
Average monthly premium for $500 deductibles (subtract): - $110
Monthly savings from raising deductible: $30
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

One thing to be aware of is that a higher deductible results in having to pay to pay more out-of-pocket when you do file a claim. That will require enough disposable income in order to pay the higher deductible in order to repair your vehicle.

Determine discounts on Fort Collins auto insurance

Properly insuring your vehicles can get expensive, but companies offer discounts to cut the cost considerably. Many discounts should be triggered at the time of quoting, but a few need to be requested specifically in order for you to get them. If you don't get every credit you qualify for, it's possible you qualify for a lower rate.Save money with discounts

Don't be surprised that some credits don't apply to the entire cost. Most cut specific coverage prices like liability and collision coverage. Just because it seems like you could get a free auto insurance policy, it's just not the way it works.

Large auto insurance companies and some of their more popular discounts include:

If you are trying to find low cost Fort Collins car insurance quotes, ask each insurance company what discounts are available to you. Some credits may not apply to policies in Fort Collins. To find insurers that offer many of these discounts in Colorado, follow this link.

Get Lower-cost Insurance Costs by Understanding These Factors

Many factors are part of the calculation when pricing auto insurance. Most are fairly basic like an MVR report, but other factors are less obvious like your continuous coverage or your commute time.

The itemized list below are a few of the "ingredients" companies use to determine your prices.

Buying from insurance agencies

Many people still prefer to get professional advice from a licensed agent and we recommend doing that One of the benefits of comparing rates online is that you can find better rates and still choose a local agent.

To find an agent, once you fill out this form (opens in new window), your insurance data is transmitted to insurance agents in Fort Collins that can provide free Fort Collins car insurance quotes for your insurance coverage. You don't have to drive around because quoted prices will be sent immediately to you. You can find the lowest rates and work with a local agent. If you want to compare rates from a particular provider, you can always go to their quote page and complete a quote there.

Selecting an insurance company requires more thought than just a cheap price quote. The questions below may impact your decision as well.

If you would like to find a good insurance agency, there are a couple of types of agencies that you can choose from. Auto insurance agents are considered either independent agents or exclusive agents depending on their employer.

Exclusive Agents

Agents that elect to be exclusive can usually just insure with one company and some examples include State Farm, Allstate, and Farm Bureau. Exclusive agencies are unable to provide rate quotes from other companies so you might not find the best rates. These agents receive extensive training in insurance sales which helps them sell insurance even at higher premiums. Consumers frequently use the same exclusive agent mostly because of the prominence of the brand and the convenience of having all coverages with one company.

Listed below is a list of exclusive agencies in Fort Collins who can help you get price quote information.

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Independent Agencies or Brokers

Independent insurance agents are normally appointed by many insurers so as a result can place your coverage with many different companies and get you the best rates possible. If they find a lower price, your agent can switch companies which is easy for the insured.

When comparing rate quotes, you should always check rates from multiple independent agents to have the most options to choose from. Most have the option of insuring with smaller companies that may provide cheaper auto insurance rates.

Below are Fort Collins independent agencies who can help you get price quote information.

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Your auto insurance coverage should be tailored to you

When buying adequate coverage for your vehicles, there isn't really a perfect coverage plan. Everyone's needs are different.Higher deductibles save money

These are some specific questions might point out if your situation would benefit from professional advice.

If it's difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form.

Misconceptions in auto insurance advertisements

Big name companies like Progressive, Allstate and GEICO constantly bombard you with ads on television and other media. All the ads make the point that you can save if you just switch your policy. How is it plausible that every one can cost less than your current company?

Insurance providers have specific characteristics for a prospective insured that earns them a profit. For instance, a profitable insured may need to be over the age of 40, has no driving citations, and has great credit. Any person that fits those parameters will probably get cheap rates and is almost guaranteed to cut their Lexus RX 350 insurance rates if they switch.

Consumers who are not a match for the requirements will have to pay a more expensive rate which translates to business going elsewhere. The ads state "customers who switch" not "everyone who quotes" save that much money. That's the way insurance companies can make it sound like they have such great rates. Because each company has a different risk profile, you need to do a quote comparison often. It's impossible to know which auto insurance company will have the lowest prices for your situation.

In the end, you can save money

Consumers leave their current company for many reasons like lack of trust in their agent, extreme rates for teen drivers, questionable increases in premium and high prices. Regardless of your reason, finding the right insurance provider is less work than it seems.

The cheapest Lexus RX 350 insurance in Fort Collins is available from both online companies and also from your neighborhood Fort Collins agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who do not offer price quotes online and most of the time these regional insurance providers only sell through local independent agencies.

When trying to cut insurance costs, it's a bad idea to reduce coverage to reduce premium. In many instances, an insured dropped full coverage only to regret that it was a big error on their part. Your goal should be to purchase a proper amount of coverage for the lowest price but still have enough coverage for asset protection.

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