Cheap Quotes for Lexus ES 350 Insurance in Denver

Comparing and finding more affordable prices for Lexus ES 350 insurance in Denver may be nearly impossible for drivers who have little experience comparing rates online. With so many companies competing online, it can easily be a real hassle to find cheaper prices on Lexus ES 350 insurance.

Unbelievable but true according to a study 70% of consumers kept their policy with the same company for over three years, and 38% of drivers have never shopped around. Many drivers in Denver can cut their rates by nearly $600 a year, but they just don’t want to compare rates.

It’s smart to compare prices once or twice a year because insurance rates tend to go up over time. Even if you got the best deal on Lexus ES 350 insurance in Denver a year ago a different company probably has better prices today. Forget anything you know (or think you know) about insurance because we’re going to demonstrate the quickest way to get good coverage on Lexus ES 350 insurance in Denver at a lower rate.

It’s important to know that getting more free quotes will improve the odds of getting the best price.

The companies shown below can provide free rate quotes in Denver, CO. If multiple companies are shown, we recommend you compare several of them to find the cheapest auto insurance rates.

Data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Estimates do not factor in specific Denver garaging location which can lower or raise premiums noticeably.

Policy deductible comparison

When buying car insurance, a common question is how high should your deductibles be. The tables below can help you understand the rate differences of buying low and high physical damage deductibles. The first data table uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Rates do not factor in vehicle garaging location which can impact auto insurance rates noticeably.

Based on these figures, using a $100 deductible costs about $45 more each month or $540 a year than quoting the higher $1,000 deductible. Because you would pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average more than 20 months between claims, you would probably save some money if you elect the higher deductible. Here’s the way this calculation is made.

An important sidenote is that raising deductibles to get cheaper rates means you will have to cover more of the damage yourself at claim time. That will require enough savings in order to pay the higher deductible in order to repair your vehicle.

Lower-cost Lexus ES 350 insurance quotes in Denver

Some providers do not advertise the complete list of policy discounts in an easy-to-find place, so here is a list some of the best known and the more hidden credits available to you.

• Own a Home – Owning a house in Denver can help you save on auto insurance because it is proof that your finances are in order.
• Sign Early and Save – Some companies give discounts for buying a new policy prior to your current ES 350 insurance policy expiring. This can save 10% or more.
• Theft Deterrent – Anti-theft and alarm system equipped vehicles can help prevent theft and will save you 10% or more on ES 350 insurance in Denver.
• Save with More Vehicles Insured – Drivers who insure all your vehicles on the same auto insurance policy can get a discount on all vehicles.
• Drive Safe and Save – Insureds without accidents could pay up to 40% less than less cautious drivers.
• Good Grades Discount – Excelling in school may save as much as 25% on a Denver car insurance quote. Earning this discount can benefit you up to age 25.

While discounts sound great, it’s important to understand that some credits don’t apply to your bottom line cost. Most only cut the price of certain insurance coverages like comprehensive or collision. If you do the math and it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

To see auto insurance companies that have a full spectrum of discounts in Denver, click here to view.

Why you need to buy auto insurance

Despite the high cost of buying insurance for a Lexus ES 350 in Denver, insuring your vehicle may be mandatory for several reasons.

• Almost all states have mandatory insurance requirements which means the state requires a minimum amount of liability insurance coverage in order to get the vehicle licensed. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
• If your Lexus ES 350 has a lien holder, almost all lenders will have a requirement that you have comprehensive coverage to guarantee loan repayment. If the policy lapses, the bank may buy a policy for your Lexus for a much higher rate and make you pay a much higher amount than you were paying before.
• Insurance protects not only your Lexus ES 350 but also your financial assets. It will also cover hospital and medical expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if you are sued as the result of an accident. If your Lexus gets damaged, your auto insurance policy will pay to repair the damage.

The benefits of buying enough insurance more than cancel out the cost, particularly for liability claims. But the average American driver is wasting up to $810 a year so you should quote and compare rates once a year at a minimum to ensure rates are competitive.

When in doubt talk to an agent

When it comes to the right insurance coverage, there is no cookie cutter policy. Your financial needs are unique and a cookie cutter policy won’t apply.
These are some specific questions may help you determine whether or not you might need an agent’s assistance.

• Is my business laptop covered if it gets stolen from my vehicle?
• Should I put collision coverage on all my vehicles?
• Is water damage covered by my policy?
• Am I covered if I have no license?
• Are my friends covered when driving my car?
• Which companies will insure me after a DUI?
• What if a claim settlement is too low?
• Can I rate high risk drivers on liability-only vehicles?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Local Denver car insurance agents

Certain consumers still like to buy from a licensed agent and we recommend doing that A good thing about comparing car insurance online is that you can obtain cheap rate quotes and still have an agent to talk to. Supporting neighborhood insurance agencies is important particularly in Denver.

After completing this short form, your coverage information gets sent to insurance agents in Denver that can provide free Denver car insurance quotes for your insurance coverage. It’s much easier because you don’t need to contact an agency because prices are sent to your email. It’s the lowest rates without the usual hassles of price shopping. If you wish to get a price quote from a specific insurance company, you would need to visit that company’s website and fill out the quote form the provide.

If you want a local Denver insurance agency, you need to know there are two types of agencies and how they differ in how they quote coverages. Agents are classified as either independent agents or exclusive agents depending on their employer.

Independent Agents

Independent agencies are not limited to a single company and that is an advantage because they can write policies with many different companies and get you the best rates possible. To transfer your coverage to a different company, your agent can switch companies and you don’t have to switch agencies. When comparing car insurance prices, you definitely need to include rate quotes from at a minimum one independent agency to get the most accurate price comparison. They often place coverage with lesser-known insurance companies that may have much lower rates than larger companies.

Below is a small list of independent agents in Denver who may provide price quote information.

• Aspen Insurance Agency
  2238 S Broadway – Denver, CO 80210 – (303) 777-2991 – View Map
• Henry Ham Agency, Inc
  645 E Evans Ave – Denver, CO 80210 – (303) 744-1341 – View Map
• L A Insurance
  2684 S Broadway – Denver, CO 80210 – (303) 282-8000 – View Map

More Denver agents

Exclusive Car Insurance Agencies

Agents of this type can only quote rates from one company such as Farmers Insurance or State Farm. Exclusive agents are unable to provide other company’s prices so it’s a take it or leave it situation. They are usually quite knowledgeable on their products and sales techniques which aids in selling service over price. Consumers sometimes buy insurance from these agents mostly because of loyalty to the company and solid financial strength.

Listed below is a short list of exclusive agents in Denver that are able to give comparison quotes.

• Allstate Insurance: Jack Sughrue
  3401 Quebec St Ste 9400 – Denver, CO 80207 – (303) 377-4767 – View Map
• Allstate Insurance: Eddie W. Pacheco
  6200 E Yale Ave – Denver, CO 80222 – (303) 788-0777 – View Map
• Hiram Licea – State Farm Insurance Agent
  3600 Morrison Rd – Denver, CO 80219 – (303) 935-7475 – View Map

More Denver agents

Picking an auto insurance agent requires you to look at more than just a low price. These questions are important to ask:

• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• Will you get a loaner vehicle if you car is being repaired?
• Do they offer claims assistance after hours?
• Can glass claims be handled at your home?
• Does the company have a local claim office in Denver?
• How will an accident affect your rates?
• Will the agent or a CSR service your policy?