If you want to find the absolute lowest rates, then the best way to get budget Lexus HS 250h insurance in Tampa is to annually compare prices from insurance carriers that insure vehicles in Florida. Prices can be compared by following these guidelines.
Step 1: Try to understand coverages and the changes you can make to prevent expensive coverage. Many factors that result in higher rates such as accidents, traffic violations, and an imperfect credit rating can be controlled by making small lifestyle or driving habit changes. Read the full article for more ideas to get better rates and find available discounts that you may qualify for.
Step 2: Compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from one company like GEICO and Allstate, while independent agents can provide price quotes for a wide range of companies.
Step 3: Compare the new rates to your existing rates to see if cheaper HS 250h coverage is available. If you can save money, ensure there is no coverage lapse between policies.
Step 4: Provide proper notification to your current company to cancel your current auto insurance policy. Submit a completed application and payment to the new insurer. Once the application is submitted, keep your new certificate verifying coverage along with the vehicle’s registration papers.
An important note is to compare identical coverage information on each quote request and and to analyze as many companies as possible. This helps ensure an apples-to-apples comparison and a thorough selection of prices.
Smart shoppers know that car insurance companies don’t want their customers to go rate shopping. Drivers who shop for lower prices will most likely switch insurance companies because there is a high probability of finding a policy with better rates. A study discovered that people who compared rates annually saved about $850 each year compared to those who never shopped for cheaper rates.
If finding the best rates on insurance in Tampa is your goal, then having some insight into how to quote prices and compare cheaper coverage can help make the process easier.
If you have auto insurance now, you should be able to cut your premiums using the tips covered below. Finding the cheapest auto insurance coverage in Tampa is actually not that difficult if you follow our advice. But Florida car owners do need to understand how companies price online insurance because it varies considerably.
Tampa car insurance discounts
Car insurance can cost a lot, but there could be significant discounts that could help you make your next renewal payment. Many of these discounts will be applied automatically when you quote, but some need to be asked about in order for you to get them. If you’re not getting every credit possible, you could be paying more than you need to.
- Senior Citizen Rates – If you qualify as a senior citizen, you are able to get better car insurance rates.
- Defensive Driver – Participating in a safe driver course could possibly earn you a 5% discount if you qualify.
- Paperwork-free – Some of the larger companies may give you up to $50 just for signing your application on your computer.
- Low Mileage – Driving less can qualify you for substantially lower rates.
- Discount for Multiple Policies – When you combine your auto and homeowners insurance with the same insurance company you may save as much as 10 to 15 percent.
- Passenger Safety Discount – Factory air bags or motorized seat belts can qualify for discounts of 20 to 30 percent.
- Clubs and Organizations – Being a member of specific professional or occupational memberships or organizations could earn you a nice discount on your next car insurance statement.
- Driver’s Education for Students – Cut your cost by having your teen driver enroll and complete driver’s education if it’s offered in school.
- Early Renewal Discounts – A few insurance companies allow discounts for buying a new policy prior to the expiration date on your current HS 250h insurance policy. You can save around 10% with this discount.
One thing to note about discounts is that some credits don’t apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as medical payments or collision. Even though the math looks like all those discounts means the company will pay you, it doesn’t quite work that way.
The illustration below illustrates the difference between Lexus HS 250h annual premium costs with and without discounts applied to the policy rates. The rate quotes are based on a male driver, no claims or driving violations, Florida state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, multi-policy, claim-free, multi-car, and safe-driver discounts applied.
Car insurance companies that may include some of the discounts shown above include:
When getting free Tampa auto insurance quotes, it’s a good idea to every insurance company which discounts they offer. Some credits may not apply to policies in your state. To see a list of insurance companies offering car insurance discounts in Florida, click here.
Cheapest Lexus HS 250h insurance rate quotes in Tampa
When shopping for Lexus HS 250h insurance in Tampa there are multiple ways to obtain and compare prices from many car insurance companies in Florida. The fastest way to comparison shop is simply to get online rate quotes.
Comparing quotes online is fast and free, and it replaces the need to waste gas driving to each insurance agency near you. Quoting Lexus HS 250h insurance online has made agencies unnecessary unless you prefer the professional advice of a local agency. You can, however, price shop online but have a local agent actually write the policy.
Just remember that comparing more quotes helps improve the odds of finding a lower rate.
The following companies are our best choices to provide price comparisons in Tampa, FL. If multiple companies are listed, it’s a good idea that you visit two to three different companies to find the lowest auto insurance rates.
Analysis of Lexus HS 250h rates
The data table below highlights estimates of coverage prices for Lexus HS 250h models. Having a good understanding how insurance prices are formulated can aid in making decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HS 250H 4-Dr Sedan | $216 | $454 | $372 | $22 | $112 | $1,176 | $98 |
| HS 250H Premium 4-Dr Sedan | $216 | $454 | $372 | $22 | $112 | $1,176 | $98 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Table data does not factor in specific Tampa garaging location which can alter rates significantly.
The illustration below shows how different deductible levels and can impact Lexus HS 250h insurance costs for different age groups. The costs are based on a married female driver, comp and collision included, and no other discounts are factored in.
Full coverage rates compared to liability-only
The illustration below compares Lexus HS 250h insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Florida. The rates are based on a clean driving record, no claims, $100 deductibles, drivers are not married, and no other discounts are factored in.
Should you pay for full coverage or liability only?
There is no set guideline to stop paying for full coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is more than around 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.
For example, let’s assume your Lexus HS 250h replacement cost is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, you would only receive $4,000 after you pay the deductible. If it’s costing in excess of $400 annually for physical damage coverage, then you may need to consider dropping full coverage.
There are a few situations where buying only liability insurance is not financially feasible. If you haven’t paid off your loan, you have to keep full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
Shop online but buy locally
Some people would rather talk to a local agent and that is a smart decision The best thing about comparing insurance prices online is the fact that you can find the lowest rates and still choose a local agent.
For easy comparison, once you complete this quick form, the quote information gets sent to participating agents in Tampa that can provide free Tampa auto insurance quotes for your business. You won’t need to do any legwork because quoted prices will be sent immediately to you. You can get cheaper auto insurance rates and work with a local agent. If you want to get a price quote from a specific auto insurance provider, don’t hesitate to jump over to their website and complete a quote there.
Finding the right insurance company should depend on more than just the bottom line cost. Any agent in Tampa should be willing to answer these questions.
- Can they help ensure a fair claim settlement?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Does the quote include credit and driving reports?
- Are they full-time agents?
- Is the agency covered by Errors and Omissions coverage?
- Can you use your own choice of collision repair facility?
Two types of Tampa auto insurance agents
If you prefer to buy auto insurance from a reputable insurance agent or broker, it helps to know the two different types of agents that you can choose from. Agents are considered either exclusive agents or independent agents.
Exclusive Agencies
Exclusive agents can only provide one company’s prices and examples are Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents cannot provide other company’s prices so they have to upsell other benefits. These agents are well schooled on their products and sales techniques which aids in selling service over price.
Shown below is a short list of exclusive insurance agents in Tampa who may provide you with comparison quotes.
State Farm: Jimmy Fisher
6920 E Fowler Ave – Tampa, FL 33617 – (813) 989-2037 – View Map
Allstate Insurance: Dave Sangar
208 E Bearss Ave – Tampa, FL 33613 – (813) 877-5506 – View Map
John Lang – State Farm Insurance Agent
4023 W Waters Ave #5 – Tampa, FL 33614 – (813) 885-2748 – View Map
Independent Auto Insurance Agencies
Independent agents do not have single company limitations and that gives them the ability to insure with any number of different companies and possibly get better coverage at lower prices. If prices rise, they simply switch companies in-house without you having to go to a different agency. When searching for an agent, it’s recommended you compare prices from at a minimum one independent agency to ensure the widest selection of prices.
Listed below is a short list of independent insurance agencies in Tampa that can give you rate quotes.
Phil Cole Whitco Insurance Agency
6601 Memorial Hwy #230 – Tampa, FL 33615 – (813) 884-7577 – View Map
Insurance Office of America
4915 W Cypress St – Tampa, FL 33607 – (888) 269-6019 – View Map
Carron Insurance Agency, Inc
1010 W Cass St – Tampa, FL 33606 – (813) 926-0512 – View Map
If you feel you receive good feedback to any questions you may have as well as a price you’re happy with, you have narrowed it down to an insurance agent that is reliable enough to properly service your auto insurance policy. Just understand that consumers can cancel a policy whenever you want so never assume you’re contractually obligated to a specific company for the full term.
Quote more to save more
Some insurance companies may not provide online quoting and many times these regional carriers only sell through independent insurance agents. Budget-friendly auto insurance in Tampa can be bought both online as well as from independent agents in Tampa, and you should be comparing both to have the best chance of lowering rates.
When buying insurance coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. Too many times, an insured cut liability limits or collision coverage only to regret that the savings was not a smart move. Your goal is to purchase plenty of coverage for the lowest price, but don’t skip important coverages to save money.
For more information, feel free to browse these articles:
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- What Insurance is Cheapest for a Honda Accord in Tampa? (FAQ)
- What Insurance is Cheapest for a 20 Year Old Female in Tampa? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Toyota Highlander in Tampa? (FAQ)
- State Laws for Cellphones and Texting (iihs.org)
- Safety Features for Your New Car (State Farm)