It goes without saying that car insurance companies want to keep you from comparing rates. Consumers who shop around for cheaper rates are very likely to switch companies because there is a great chance of finding coverage at a cheaper rate. A study showed that drivers who compared rates annually saved on average $70 a month compared to drivers who don’t make a habit of comparing rates.
If finding the cheapest rates on insurance is your objective, then knowing the best way to compare coverages can make the process less intimidating.
The recommended way to save on Lexus IS 250 insurance in Omaha is to regularly compare quotes from insurance carriers who can sell car insurance in Nebraska. Prices can be compared by completing these steps.
First, spend some time learning about how auto insurance works and the measures you can take to prevent expensive coverage. Many risk factors that result in higher rates such as getting speeding tickets and a negative credit rating can be remedied by paying attention to minor details. Continue reading for additional ideas to find cheap prices and get bigger discounts that may have been overlooked.
Second, quote rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from one company like Progressive or Allstate, while independent agents can quote prices from many different companies.
Third, compare the price quotes to the price on your current policy and determine if there is any savings. If you find a lower rate and buy the policy, verify that coverage does not lapse between policies.
An essential thing to point out is to use identical limits and deductibles on every price quote and and to analyze as many carriers as you can. This provides an accurate price comparison and a complete price analysis.
When price shopping your coverage, comparing a wide range of rates will improve the odds of getting more affordable rates. Some regional insurers cannot provide online Omaha IS 250 insurance quotes, so it’s important to compare price quotes from them, too.
The companies shown below have been selected to offer price quotes in Omaha, NE. To get cheap auto insurance in Nebraska, we suggest you get rate quotes from several of them to get a more complete price comparison.
Car insurance discounts help lower rates for Lexus IS 250 insurance in Omaha
Car insurance is not an enjoyable expense, but there may be some discounts that can help lower your rates. Certain discounts will be triggered automatically when you purchase, but some may not be applied and must be manually applied prior to receiving the credit. If you don’t get every credit possible, you are just wasting money.
- Discount for Passive Restraints – Factory options such as air bags or automatic seat belts can receive discounts of 25 to 30%.
- Good Student – Performing well in school can save 20 to 25%. Earning this discount can benefit you up until you turn 25.
- Military Deployment Discount – Being deployed with a military unit can result in better premium rates.
- Accident Free – Drivers with accident-free driving histories pay much less as opposed to insureds who have frequent claims or accidents.
- Mature Driver Discount – If you qualify as a senior citizen, you could receive reduced rates.
- Discount for Swiching Early – A few insurance companies offer discounts for buying a new policy prior to the expiration date on your current IS 250 insurance policy. It could save around 10% when you buy Omaha car insurance online.
- Own a Home and Save – Owning your own home or condo can save you money because of the fact that having a home is proof that your finances are in order.
Discounts lower rates, but most credits do not apply to the entire cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way.
The diagram below compares Lexus IS 250 annual premium costs with and without discounts applied to the policy premium. The data is based on a male driver, no accidents, no driving violations, Nebraska state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, multi-policy, safe-driver, claim-free, and marriage discounts applied.
A list of car insurance companies and their possible discounts are:
- State Farm includes discounts for good student, student away at school, accident-free, safe vehicle, and Drive Safe & Save.
- Esurance has discounts for good driver, defensive driver, Switch & Save, good student, multi-policy, and multi-car.
- Progressive offers discounts for homeowner, online signing, good student, multi-vehicle, continuous coverage, and online quote discount.
- Liberty Mutual may include discounts for good student, exclusive group savings, safety features, new vehicle discount, and hybrid vehicle.
- Auto-Owners Insurance discounts include good student, company car, anti-lock brakes, multi-policy, air bags, and anti-theft.
- GEICO may offer discounts for driver training, emergency military deployment, good student, seat belt use, and anti-lock brakes.
If you want cheaper Omaha car insurance quotes, ask each insurance company how you can save money. Some of the discounts discussed earlier might not be offered in Omaha.
Lexus IS 250 coverage statistics
The premium information shown next covers a range of insurance rates for Lexus IS 250 models. Knowing how insurance policy rates are established can help guide drivers when making decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $286 | $726 | $308 | $18 | $92 | $1,430 | $119 |
| IS 250 AWD 4-Dr | $318 | $726 | $308 | $18 | $92 | $1,462 | $122 |
| IS 250 C 2-Dr Convertible | $318 | $726 | $362 | $22 | $108 | $1,536 | $128 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Rate quotes do not factor in specific zip code location which can impact coverage prices noticeably.
How high should deductibles be?
When comparing auto insurance rates, the most common question is how high or low should comp and collision deductibles be. The following insurance rates outline the price difference between high and low coverage deductibles. The first set of prices uses a $100 deductible for physical damage and the second data table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $292 | $632 | $254 | $16 | $76 | $1,295 | $108 |
| IS 250 AWD 4-Dr | $324 | $632 | $254 | $16 | $76 | $1,327 | $111 |
| IS 250 C 2-Dr Convertible | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| IS 250 4-Dr Sedan | $212 | $428 | $254 | $16 | $76 | $986 | $82 |
| IS 250 AWD 4-Dr | $236 | $428 | $254 | $16 | $76 | $1,010 | $84 |
| IS 250 C 2-Dr Convertible | $236 | $428 | $300 | $18 | $90 | $1,072 | $89 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Rate quotes do not factor in specific garaging location which can raise or lower premiums greatly.
Based on this data, using a $100 deductible will cost you roughly $27 more each month or $324 annually than selecting the higher $500 deductible. Because you would pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you usually have more than 15 months between claim filings, you would probably save some money if you elect the higher deductible.
The diagram below illustrates how your deductible choice and can affect Lexus IS 250 premium costs for different age groups. The prices are based on a single female driver, full physical damage coverage, and no discounts are applied.
Impact of careless driving on auto insurance rates
The chart below highlights how traffic violations and at-fault collisions impact Lexus IS 250 insurance rates for different ages of insureds. The costs are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.
Gender-based auto insurance premiums
The information below illustrates the comparison of Lexus IS 250 auto insurance rates for male and female drivers. The data assumes no driving violations, no at-fault accidents, comp and collision included, $1,000 deductibles, single marital status, and no other discounts are factored in.
Full coverage or liability only
The illustration below compares Lexus IS 250 insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rates are based on no claims or violations, $500 deductibles, single marital status, and no discounts are applied to the premium.
When to drop comp and collision
There is no definitive rule to stop paying for full coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Lexus IS 250 settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after the deductible is paid. If you are paying over $200 a year for physical damage coverage, then you might want to think about dropping full coverage.
There are a few situations where dropping full coverage is not financially feasible. If you haven’t paid off your loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not eliminate full coverage.
Save Money with These Tips
Lots of factors are used when you quote your car insurance policy. Most are fairly basic such as your driving record, but others are not as apparent like your vehicle usage or your vehicle rating. Part of the auto insurance buying process is learning some of the things that aid in calculating your policy premiums. If you have a feel for what impacts premium levels, this allows you to make good choices that could help you find lower premium levels.
The factors shown below are some of the most rate-impacting factors that factor into premiums.
- Marriage is a bonus – Having a spouse can get you a discount on your auto insurance policy. Having a spouse usually means you are more responsible and it’s proven that married couples file fewer claims.
- Poor credit can mean higher costs – Having a bad credit score can be a huge factor in determining what you pay for auto insurance. If your credit history is not that good, you could pay less to insure your Lexus IS 250 if you clean up your credit. Insureds with good credit tend to be better drivers and file fewer claims than drivers who have poor credit.
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Is your car built for speed? – The performance level of the car you own makes a significant difference in the rate you pay. The most favorable rates will normally be found when insuring low performance passenger models, but there are many factors that impact the final cost.
The next chart assumes a married female driver age 20, full coverage with $100 deductibles, and no discounts or violations. It illustrates Lexus IS 250 rates compared to other models that have a range of risk factors.
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Teenagers are high risk – Older people have been proven to be more responsible, cost insurance companies less in claims, and are safer drivers. Inexperience drivers have a tendency to be inattentive when behind the wheel therefore auto insurance rates are much higher.
The following chart is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.
- Save miles and save money – The higher the mileage driven each year the higher your rate. Most insurance companies rate vehicles based upon how you use the vehicle. Cars and trucks that sit idle most of the time receive lower rates than those used for commuting. Having the wrong rating on your IS 250 can result in significantly higher rates. Make sure your auto insurance coverage is rated on how each vehicle is driven.
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Lexus IS 250 claim statistics – Insurers analyze historical claim data to help calculate a profitable premium price. Models that statistically have a trend towards higher claims will have higher premium rates. The data below shows the insurance loss data used by companies for Lexus IS 250 vehicles.
For each coverage category, the statistical loss for all vehicles combined as an average is represented as 100. Values that are below 100 indicate a favorable loss history, while numbers above 100 show a trend for more claims or an increased chance of a larger loss.
Lexus IS 250 Insurance Loss Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Lexus IS 250 4dr 2WD 179 103 177 116 146 115 Lexus IS 250 4dr 4WD 177 87 186 118 Lexus IS 250 Convertible 135 80 84 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Compare prices but buy from a local neighborhood Omaha car insurance agent
Some people just want to get advice from a local agent and that is a smart decision One of the benefits of comparing insurance prices online is the fact that drivers can get cheap auto insurance quotes and still have a local agent. And supporting local agencies is still important in Omaha.
After filling out this quick form, the coverage information is sent to participating agents in Omaha that can give you free Omaha car insurance quotes for your business. It simplifies rate comparisons since you won’t have to contact any agents since rate quotes are delivered to you directly. You’ll get the best rates without having to waste a lot of time. If you wish to get a rate quote for a specific company, you just need to search and find their rate quote page and submit a quote form there.
If you want to buy auto insurance from a reputable insurance agent or broker, it helps to know the two types of insurance agents from which to choose. Agents in Omaha are classified as either exclusive or independent (non-exclusive).
Independent Auto Insurance Agencies
Agents that elect to be independent are appointed with more than one company and that enables them to quote your coverage through lots of different companies and find you the best rates. If you are not satisfied with one company, they simply move your policy to a different company which is easy for the insured. When comparing rate quotes, you need to include price quotes from at least one independent agent to maximize your price options. Most also write with lesser-known insurance companies which can be an advantage.
Listed below is a small list of independent insurance agents in Omaha who may provide free price quotes.
- Vander Vorst Insurance Agency
15037 Industrial Rd – Omaha, NE 68144 – (402) 330-7979 – View Map - United Insurance Agencies and Affordable Auto Insurance
1055 N 115th St #208 – Omaha, NE 68154 – (402) 492-8020 – View Map - Elite Insurance Services, Inc.
11909 P St #203 – Omaha, NE 68137 – (402) 691-8118 – View Map
Exclusive Agents
These agents can only provide one company’s prices such as American Family, State Farm, and AAA. These agents are not able to compare rates from other companies so always compare other rates. Exclusive insurance agents are well trained on what they offer which helps overcome the inability to quote other rates. Consumers often use the same exclusive agent mainly due to the brand legacy rather than having the cheapest rates.
Below are exclusive insurance agents in Omaha that can give you price quotes.
- Tommy Hughes Jr – State Farm Insurance Agent
1321 Jones St #104 – Omaha, NE 68102 – (402) 346-1011 – View Map - American Family Insurance – Daniel Grzywa Agency Inc
8031 W Center Rd Ste 209 – Omaha, NE 68124 – (402) 391-6364 – View Map - American Family Insurance – Shane Boring Agency Inc.
16855 Q St – Omaha, NE 68135 – (402) 932-5755 – View Map
Selecting an auto insurance agent should include more criteria than just a low price. The questions below may impact your decision as well.
- Is the agency active in community causes in Omaha?
- How long have they been in business?
- Will their companies depreciate repairs to your car based on the mileage?
- Are there any extra charges for paying monthly?
- Will the quote change when the policy is issued?
- Will they make sure you get an adequate claim settlement?
- Is the agent CPCU or CIC certified?
Tailor your auto insurance coverage to you
Keep in mind that when it comes to choosing adequate coverage, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s.
Here are some questions about coverages that may help highlight if your insurance needs will benefit from professional help.
- I don’t drive much so do I pay less?
- Is other people’s property covered if stolen from my vehicle?
- Am I covered if I break a side mirror?
- Should I bundle my homeowners policy with my auto?
- How can I force my company to pay a claim?
- Am I covered when driving a rental car?
- Why do I have to buy liability insurance?
- When should I drop full coverage on my Lexus IS 250?
- Do I get a pro-rated refund if I cancel my policy early?
If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form.
Smart consumers save more
Drivers leave their current company for a variety of reasons including not issuing a premium refund, questionable increases in premium, delays in paying claims and policy non-renewal. No matter why you want to switch, switching auto insurance companies is pretty easy and you might even save some money in the process.
Lower-priced auto insurance in Omaha is attainable on the web and also from your neighborhood Omaha agents, and you should be comparing both so you have a total pricing picture. Some insurance companies don’t offer internet price quotes and these regional carriers only sell through independent agencies.
In this article, we covered a lot of tips how to save on Lexus IS 250 insurance in Omaha. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding inexpensive Omaha car insurance quotes. You may even discover the best price on auto insurance is with an unexpected company.
Additional articles
- Reducing Your Risks in a Car Crash Video (iihs.org)
- How Much is Auto Insurance for a GMC Sierra in Omaha? (FAQ)
- How Much are Car Insurance Quotes for State Employees in Omaha? (FAQ)
- How Much is Car Insurance for Inexperienced Drivers in Omaha? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Hybrid Vehicles in Omaha? (FAQ)
- What Car Insurance is Cheapest for Government Employees in Omaha? (FAQ)
- What Insurance is Cheapest for a Toyota Highlander in Omaha? (FAQ)
- Who Has the Cheapest Car Insurance for Police Officers in Omaha? (FAQ)
- What Auto Insurance is Cheapest for a Honda Civic in Omaha? (FAQ)
- Car Insurance FAQ (Trusted Choice)
- Drunk Driving Statistics (Insurance Information Institute)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)