Do you want to stop overpaying and find more affordable Lexus IS 250 insurance in Nashville? No sane person enjoys paying for insurance, especially when they know they could lower their rates if they shopped around.
We don’t have to point out that fact that insurance companies want to keep you from comparing prices. People who shop around annually will, in all likelihood, move their business because of the good chance of finding better rates. A recent survey discovered that people who shopped around saved on average $70 a month compared to people who never shopped for cheaper rates.
If finding the best price on car insurance in Nashville is your objective, then having some insight into the best way to compare insurance rates can help simplify the process.
How to find lower priced Lexus IS 250 insurance in Nashville
The recommended way to find the cheapest price for auto insurance rates is to make a habit of regularly comparing prices from companies in Nashville. Rate comparisons can be done by completing these steps.
First, read and learn about how companies price auto insurance and the modifications you can make to keep rates low. Many policy risk factors that drive up the price such as traffic citations, accidents, and a poor credit score can be eliminated by making small lifestyle or driving habit changes. Later in this article we will cover additional ideas to help find cheaper rates and find more discounts that you may not know about.
Second, quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from one company like GEICO or State Farm, while independent agents can provide rate quotes for many different companies. Select a company
Third, compare the new rate quotes to the price on your current policy to see if a cheaper price is available. If you find a better price and decide to switch, make sure there is no lapse in coverage.
The critical component of shopping around is to make sure you’re comparing the same amount of coverage on each price quote and and to get rates from every company you can. This ensures a fair rate comparison and a complete rate analysis.
Numerous car insurance companies battle for your business, and it can be difficult to compare rates to find the lowest rate on Lexus IS 250 insurance in Nashville.
The providers in the list below can provide free rate quotes in Tennessee. To buy the cheapest car insurance in Nashville, we recommend you visit several of them to get a more complete price comparison.
Data for Lexus IS 250 insurance
The rate information displayed below showcases detailed analysis of insurance rates for Lexus IS 250 models. Understanding how insurance quotes are established helps drivers make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $320 | $608 | $322 | $20 | $96 | $1,366 | $114 |
| IS 250 AWD 4-Dr | $356 | $608 | $322 | $20 | $96 | $1,402 | $117 |
| IS 250 C 2-Dr Convertible | $356 | $608 | $378 | $22 | $114 | $1,478 | $123 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Premium costs do not factor in specific Nashville garaging location which can affect premiums greatly.
Deductible analysis
A question often asked by Nashville drivers is how low should you set your deductibles. The comparison tables below can help you understand the rate difference between high and low comp and collision deductibles. The first data set uses a $250 deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $252 | $510 | $246 | $14 | $74 | $1,121 | $93 |
| IS 250 AWD 4-Dr | $280 | $510 | $246 | $14 | $74 | $1,149 | $96 |
| IS 250 C 2-Dr Convertible | $280 | $510 | $288 | $18 | $86 | $1,207 | $101 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $204 | $412 | $246 | $14 | $74 | $950 | $79 |
| IS 250 AWD 4-Dr | $228 | $412 | $246 | $14 | $74 | $974 | $81 |
| IS 250 C 2-Dr Convertible | $228 | $412 | $288 | $18 | $86 | $1,032 | $86 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Premium costs do not factor in specific location information which can raise or lower auto insurance rates significantly.
We can estimate from the data above that using a $250 deductible costs approximately $15 more each month or $180 a year than selecting the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to average more than 17 months between claim filings, you would come out ahead if you elect the higher deductible.
How to calculate deductible break even period
| Average monthly premium for $250 deductibles: | $97 |
| Average monthly premium for $500 deductibles (subtract): | – $82 |
| Monthly savings from raising deductible: | $15 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $15 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
Impact of violations and accidents on rates
The chart below shows how violations and at-fault accidents drive up Lexus IS 250 insurance prices for different age groups of insureds. The premium estimates are based on a single male driver, full physical damage coverage, $500 deductibles, and no other discounts are factored in.
Do I need special coverages?
Always remember that when buying coverage online or from an agent, there really isn’t a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed.
These are some specific questions can aid in determining whether or not you may require specific advice.
- Can I pay claims out-of-pocket if I buy high deductibles?
- Is pleasure use cheaper than using my Lexus IS 250 to commute?
- Is a new car covered when I drive it off the dealer lot?
- Does my Lexus IS 250 qualify for pleasure use?
- Is my business laptop covered if it gets stolen from my vehicle?
- Are my friends covered when driving my car?
- What are the financial responsibility laws in my state?
- What is high-risk coverage and where do I buy it?
- Are rock-chip repairs free?
If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and can help protect your family.
Local agents and insurance
Many drivers just want to get advice from a local agent and that is a smart decision Licensed agents can answer important questions and help file insurance claims. A good thing about comparing rate quotes online is you may find cheap insurance rates and still choose a local agent. And providing support for local agencies is definitely important in Nashville.
To find an agent, once you fill out this form (opens in new window), your insurance coverage information is emailed to insurance agents in Nashville who will gladly provide quotes for your insurance coverage. You won’t need to visit any agencies because prices are sent immediately to your email address. If you wish to get a comparison quote from a particular provider, you would need to go to their quote page and give them your coverage information.
Shown below is a list of car insurance companies in Nashville that may be able to provide rate quotes for Lexus IS 250 insurance in Nashville.
Phil Hardeman – State Farm Insurance Agent
3708 Nolensville Rd c – Nashville, TN 37211 – (615) 832-0630 – View Map
Jerry Matthews – State Farm Insurance Agent
2010 Old Murfreesboro Rd – Nashville, TN 37217 – (615) 361-1516 – View Map
Greater Nashville Insurance
208 McGavock Pike A – Nashville, TN 37214 – (615) 885-5882 – View Map
Antioch Insurance
1311 Antioch Pike – Nashville, TN 37211 – (615) 834-7106 – View Map
Deciding on an company should include more criteria than just a cheap price. Ask your prospective agent these questions:
- Can glass repairs be made at your home?
- Are all drivers listed on the coverage quote?
- Is the agent properly licensed in Tennessee?
- Are they involved in claim handling?
- Do the companies they represent have a solid financial rating?