Compare Lexus RX 450h Insurance Quotes in Phoenix

Do you want to learn how to find more affordable Lexus RX 450h insurance in Phoenix? Finding a different company that has cheaper RX 450h insurance could seem overwhelming if you’re new to quote comparisons online. But don’t be intimidated because finding cheaper rates for Lexus RX 450h insurance in Phoenix is actually fairly simple.

Insurance for Lexus RX 450hAmazingly, almost 70% of insureds in Arizona kept buying from the same company for at least the last four years, and nearly half have never compared rates to find cheaper insurance. Drivers in the United States could save an average of approximately $850 each year by just shopping around, but they don’t believe the amount of savings they would get if they switched to a cheaper policy.

Locating the most cost-effective auto insurance policy in Phoenix is much easier if you know where to start. If you currently have auto insurance, you will be able to get lower rates using these tips. But Arizona car owners should learn the methods companies use to set your policy premium.

The best way to compare rates for Lexus RX 450h insurance in Phoenix is to realize most of the bigger providers have advanced systems to give you rate quotes. The one thing you need to do is give them some information including whether you are single or married, how much coverage you want, if you have an active license, and if it has an anti-theft system. That information is then sent to insurance carriers in your area and you receive quotes immediately.

To get price quotes for your Lexus RX 450h now, click here and enter the information requested.

The companies in the list below are our best choices to provide price quotes in Arizona. If several companies are displayed, we suggest you visit as many as you can to get a more complete price comparison.

Lexus RX 450h Insurance Costs in Phoenix, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 450H Hybrid 2WD 4-Dr $278 $650 $382 $22 $114 $1,446 $121
RX 450H Hybrid 4WD 4-Dr $204 $418 $382 $22 $114 $1,140 $95
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Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Estimates do not factor in your specific Phoenix location which can influence auto insurance rates noticeably.

Comparison of full coverage and liability-only policies

The chart below visualizes the comparison of Lexus RX 450h insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Arizona. The rates are based on no accidents or driving violations, $250 deductibles, single male driver, and no discounts are applied to the premium.

When to stop buying comprehensive and collision coverage

There is no specific rule of when to phase out physical damage coverage, but there is a general school of thought. If the yearly cost of full coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Lexus RX 450h replacement value is $3,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company would pay you is $2,000 after you pay the deductible. If you are paying over $200 annually for physical damage coverage, then you might consider buying liability only.

There are some cases where buying only liability insurance is not advised. If you haven’t satisfied your loan, you are required to maintain full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not consider dropping full coverage.

Safe drivers pay cheaper rates

The example below demonstrates how speeding tickets and accident claims increase Lexus RX 450h insurance prices for different age groups of insureds. The costs are based on a single male driver, comp and collision included, $250 deductibles, and no policy discounts are applied.

Should you raise deductibles?

When buying auto insurance, a common question is where should you set your physical damage deductibles. The rates shown below can help you visualize the rate difference between low and high insurance deductibles. The first price estimate table uses a $100 physical damage coverage deductible and the second pricing table uses a $500 deductible.

Lexus RX 450h insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 450H Hybrid 2WD 4-Dr $324 $632 $338 $20 $102 $1,441 $120
RX 450H Hybrid 4WD 4-Dr $324 $632 $338 $20 $102 $1,441 $120
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Lexus RX 450h insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
RX 450H Hybrid 2WD 4-Dr $236 $428 $338 $20 $102 $1,124 $94
RX 450H Hybrid 4WD 4-Dr $236 $428 $338 $20 $102 $1,124 $94
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Table data does not factor in the specific area where the vehicle is garaged which can affect rates greatly.

Based on the above data, using a $100 deductible costs approximately $26 more each month or $312 each year than quoting the higher $500 deductible. Since you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you have more than 15 months between claims, you would probably save some money going with the higher deductible.

Car insurance just makes sense

Even though it can be expensive, maintaining insurance serves an important purpose.

The benefits of carrying enough insurance more than offset the price you pay, particularly when you have a large claim. The average driver in America is overpaying over $830 a year so smart consumers compare quotes at every policy renewal to be sure current rates are still competitive.

Smart Consumers Can Cut Insurance Costs

Multiple criteria are used in the calculation when you get your auto insurance bill. Most are fairly basic like a motor vehicle report, although some other factors are more obscure such as your marital status or your commute time.

The items below are some of the things car insurance companies consider when setting your premiums.

Discounts can help save money on Lexus RX 450h insurance in Phoenix

Car insurance is not cheap nor is it fun to buy but companies offer discounts that may help make it more affordable. Certain reductions will be credited at the time of purchase, but once in a while a discount must be asked for before you will receive the discount.Car insurance discounts

As a footnote on discounts, most of the big mark downs will not be given to the entire cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So even though it sounds like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

If you would like to see a list of car insurance companies with discount rates in Arizona, click here to view.

How to know if you need help

Always remember that when buying proper insurance coverage, there really is not a “best” method to buy coverage. Everyone’s needs are different.Drive safe and save

For example, these questions may help highlight whether you could use an agent’s help.

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

Do I need an agent?

A small number of people would rather sit down with an agent and often times that is recommended A good thing about comparing rate quotes online is the fact that you can find cheap rate quotes but still work with a licensed agent.

Insurance agency in PhoenixAfter filling out this quick form, the coverage information is emailed to local insurance agents in Phoenix who want to provide quotes for your car insurance coverage. You won’t need to find an agent on your own due to the fact that quote results will go to you. You can get cheaper car insurance rates without a big time investment. If you need to compare rates from a particular provider, feel free to go to their quote page and give them your coverage information.

Choosing the best provider requires more thought than just a cheap price. Here are some questions you might want to ask.

Listed below are agents in Phoenix who can help you get rate quotes for Lexus RX 450h insurance in Phoenix.

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Be persistent and save

In this article, we presented many ideas to get a better price on Lexus RX 450h insurance in Phoenix. It’s most important to understand that the more price quotes you have, the higher your chance of finding affordable Phoenix auto insurance quotes. Consumers may even find the best prices are with an unexpected company.

Drivers leave their current company for a number of reasons such as an unsatisfactory settlement offer, policy non-renewal, extreme rates for teen drivers and unfair underwriting practices. Whatever your reason, finding a great new company is pretty simple and you could end up saving a buck or two.

Low-cost Lexus RX 450h insurance in Phoenix can be purchased both online and from local agencies, so you need to quote Phoenix auto insurance with both so you have a total pricing picture. Some companies do not offer the ability to get quotes online and most of the time these regional carriers provide coverage only through independent agents.

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