Are you at wits end from not being able to scrape enough together to pay auto insurance each month? You're in the same situation as millions of other people.

Insurance for Lexus RX 350Regrettably, a large majority of drivers have stayed with the same insurance company for well over three years, and just short of a majority have never compared rate quotes at all. Many consumers in Evansville could save about $697 every year, but they underestimate how much money they would save if they switched to a more affordable policy. Because you have many auto insurance companies to choose from, it's difficult to find the cheapest insurer.

You should take the time to take a look at other company's rates occasionally because auto insurance prices are variable and change quite frequently. Even if you think you had the best quotes on Lexus RX 350 insurance in Evansville on your last policy other companies may now be cheaper. Forget all the misinformation about auto insurance because you're about to find out the only way to find great coverage at a great price.

Locating the best rates in Evansville is actually quite simple. If you are paying for car insurance now, you will surely be able to reduce the price you pay using this strategy. Drivers just need to use the quickest method to compare insurance rates online.

Most major insurance companies such as Progressive, GEICO, Allstate and State Farm provide prices on their websites. The process is fairly straightforward because you just enter the amount of coverage you want into the form. Behind the scenes, the company's rating system automatically orders credit information and your driving record and quotes a price based on the information you submitted. Using the web to get price quotes for Lexus RX 350 insurance in Evansville simplifies rate comparisons, and it's necessary to have as many quotes as possible if you want to find cheaper rates.

To quickly find out what other companies charge, compare rates now from the companies shown below. If you have coverage now, it's recommended you input your coverages as shown on your current policy. This makes sure you will have a rate comparison based on the exact same insurance coverage.

The following companies are ready to provide free rate quotes in Evansville, IN. If multiple companies are shown, we suggest you click on several of them to find the lowest auto insurance rates.

Lexus RX 350 Insurance Cost Estimates in Evansville, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 350 2WD $302 $610 $428 $26 $128 $1,494 $125
RX 350 4WD $338 $728 $428 $26 $128 $1,648 $137
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Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Estimates do not factor in your specific Evansville location which can increase or decrease rates considerably.

Should you buy full coverage?

The diagram below visualizes the comparison of Lexus RX 350 annual premium costs when comparing full coverage to state minimum liability only. The rates are based on no accidents or driving violations, $100 deductibles, married female driver, and no other discounts are factored in.

When to stop buying full coverage

There is no exact formula of when to eliminate full coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is 10% or more of the settlement you would receive from your company, then you might consider buying liability only.

For example, let's pretend your Lexus RX 350 settlement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $3,000 after paying the physical damage deductible. If you are paying in excess of $300 a year for comprehensive and collision coverage, then it might be time to buy liability only.

There are a few situations where buying only liability insurance is not financially feasible. If you still owe money on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you don't have enough money to buy a different vehicle if your current one is in an accident, you should keep full coverage in place.

Physical damage deductibles: Should you raise them?

When buying car insurance, a common question is which deductible level should you buy. The tables below can help illustrate the difference in cost of buying low and high coverage deductibles. The first table uses a $100 physical damage coverage deductible and the second rate table uses a $500 deductible.

Lexus RX 350 insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 350 2WD $304 $592 $318 $18 $94 $1,351 $113
RX 350 4WD $304 $592 $318 $18 $94 $1,351 $113
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Lexus RX 350 insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 350 2WD $222 $400 $318 $18 $94 $1,052 $88
RX 350 4WD $222 $400 $318 $18 $94 $1,052 $88
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Premium amounts do not factor in garaging location in Evansville which can revise premium rates significantly.

Based on these figures, using a $100 deductible could cost the average driver approximately $25 more each month or $300 annually than quoting the higher $500 deductible. Since the policyholder would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally average more than 16 months between claims, you would probably save some money if you elect the higher deductible.

Car insurance prices based on gender

The illustration below shows the comparison of Lexus RX 350 car insurance costs for male and female drivers. The rates are based on no claims or violations, comp and collision included, $250 deductibles, drivers are single, and no discounts are applied to the premium.

Buying the right vehicle insurance in Indiana is an important decision

Despite the high insurance cost for a Lexus RX 350 in Evansville, paying for car insurance is required for several reasons.

The benefits of buying car insurance definitely exceed the price paid, especially for larger claims. An average driver in America is overpaying more than $869 every year so we recommend shopping around at every policy renewal to help ensure money is not being wasted.

Is there truth in advertising?

Consumers in Indiana constantly see and hear ads that promise big savings from the likes of Progressive, GEICO, Allstate and State Farm. All the ads try to convey promises of big savings if you change your coverage to them.

How is it plausible that every one can have lower policy pricing? This is the way they can do it.

Insurance companies have underwriting criteria for the driver that will most likely be profitable. One example of a driver they prefer might have to be over the age of 45, carries high limits, and drives a car with an anti-theft system. Any person who fits that profile will get very good Evansville rates and as a result will probably save if they switch.

People who do not match the "perfect" profile will see a higher premium which translates to the customer buying from a different company. The wording the ads use say "drivers that switch" not "everyone who quotes" save that kind of money. That's the way insurance companies can make the claims of big savings. That is why you really should do a rate comparison at every renewal. It is impossible to guess the company that will provide the lowest Lexus RX 350 insurance in Evansville.

Save money with these six discounts on Lexus RX 350 insurance in Evansville

Car insurance can cost a lot, but there could be significant discounts to help offset the cost. Some of these discounts will be visible when you complete an application, but some discounts are required to be manually applied before you get the savings.Discount car insurance

As a disclaimer on discounts, most credits do not apply to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, nobody gets a free ride.

Companies and a selection of discounts can be found below.

Before purchasing a policy, check with each insurance company which discounts you qualify for. Some credits may not apply to policies in Evansville. To see insurance companies that offer discounts in Evansville, click here.

Get rate quotes but buy from a local Evansville insurance agent

Some consumers just prefer to sit down and talk to an agent and doing so can bring peace of mind Experienced insurance agents can point out coverage gaps and help submit paperwork. The biggest benefit of getting free rate quotes online is you can get cheap insurance quotes and also buy local.

Find insurance agent in EvansvilleTo find an agent, once you fill out this short form, your information is emailed to local insurance agents in Evansville who want to provide quotes to get your business. You won't even need to drive around since price quotes are sent to the email address you provide. If you have a need to quote rates from a specific company, you would need to search and find their rate quote page and give them your coverage information.

Picking the best company requires you to look at more than just a cheap price quote. Below are some questions you should ask.

Types of car insurance agents in Evansville

If you are searching for local Evansville agents, you need to know there are two different agency structures and how they can write your policy. Agents can be classified as either independent agents or exclusive agents depending on their employer. Either one can write insurance policies, but it's good to learn the differences since it may influence your agent selection.

Exclusive Agents

Agents of this type can usually just insure with one company such as American Family, State Farm, and Allstate. These agents are not able to place coverage with different providers so if the price isn't competitive there isn't much they can do. Exclusive agents are usually quite knowledgeable on their company's products which helps them sell insurance even at higher premiums.

The following are exclusive insurance agents in Evansville that are able to give price quotes.

556 S Green River Rd - Evansville, IN 47715 - (812) 477-9020 - View Map

Randy Robertson - State Farm Insurance Agent
1520 Bellemeade Ave - Evansville, IN 47714 - (812) 479-1881 - View Map

4843 E Virginia St - Evansville, IN 47715 - (812) 477-8930 - View Map

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Independent Insurance Agents

Agents that elect to be independent are appointed with more than one company so they can insure your vehicles with lots of companies and get you the best rates possible. If prices rise, your policy is moved internally and you don't have to switch agencies. When comparing rates, you definitely need to compare quotes from at least one independent agent to get the best comparison.

Shown below is a short list of independent insurance agents in Evansville who can help you get rate quotes.

3812 N First Ave - Evansville, IN 47710 - (812) 479-9028 - View Map

6240 E Virginia St b - Evansville, IN 47715 - (812) 479-3940 - View Map

901 N Main St - Evansville, IN 47711 - (812) 424-4001 - View Map

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Tailor your car insurance coverage to you

When quoting and comparing coverage, there really is not a "best" method to buy coverage. Your situation is unique so your insurance needs to address that.Car insurance savings For instance, these questions might help in determining whether your personal situation would benefit from an agent's advice.

If you don't know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier It's fast, free and may give you better protection.

Insurance coverages explained

Knowing the specifics of insurance can be of help when determining the right coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages found on most insurance policies.

Uninsured/Underinsured Motorist (UM/UIM) - Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and damage to your Lexus RX 350.

Since a lot of drivers only purchase the least amount of liability that is required (25/50/10 in Indiana), it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is very important.

Med pay and Personal Injury Protection (PIP) - Med pay and PIP coverage reimburse you for bills for things like rehabilitation expenses, dental work and nursing services. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Liability coverages - This can cover damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you against other people's claims. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/10 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $10,000 for damage to vehicles and property.

Liability coverage pays for things like emergency aid, court costs and bail bonds. The amount of liability coverage you purchase is up to you, but it's cheap coverage so purchase as high a limit as you can afford. Indiana requires drivers to carry at least 25/50/10 but it's recommended drivers buy more coverage.

Comprehensive insurance - This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as vandalism, a broken windshield, falling objects and damage from getting keyed. The most you'll receive from a claim is the cash value of the vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Collision coverages - This pays for damage to your RX 350 resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like hitting a mailbox, damaging your car on a curb, driving through your garage door, crashing into a building and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. You can also bump up the deductible on your RX 350 in order to get cheaper collision rates.

Keep this in mind when shopping around

Affordable Lexus RX 350 insurance in Evansville is attainable on the web in addition to many Evansville insurance agents, and you should be comparing both to get a complete price analysis. There are still a few companies who do not offer online price quotes and these smaller companies only sell coverage through independent agents.

When searching for inexpensive Evansville auto insurance quotes, it's very important that you do not buy less coverage just to save a little money. In many instances, an insured cut uninsured motorist or liability limits only to regret at claim time that the savings was not a smart move. The ultimate goal is to buy enough coverage for the lowest cost while not skimping on critical coverages.

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