The most effective way to get affordable auto insurance rates is to regularly compare price quotes from insurance carriers in Irvine. You can compare rates by completing these steps.
- Try to learn a little about car insurance and the steps you can take to lower rates. Many rating criteria that result in higher prices such as tickets, at-fault accidents, and poor credit can be eliminated by making small lifestyle or driving habit changes. This article gives the details to get lower rates and get discounts that may be overlooked.
- Request price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like GEICO or State Farm, while independent agents can give you price quotes from multiple sources.
- Compare the new rate quotes to your existing coverage to see if you can save by switching companies. If you can save some money and buy the policy, ensure there is no coverage lapse between policies.
A crucial key to this process is to make sure you enter the same coverage limits and deductibles on every quote and and to get rates from as many auto insurance providers as possible. This guarantees a level playing field and the most accurate and complete price analysis.
Unbelievable but true, about 70% of customers have stayed with the same insurance company for at least the last four years, and nearly half have never even compared rates from other companies. Many consumers in Irvine could save themselves up to $500 a year just by getting comparison quotes, but they just assume it takes a lot of time to find cheaper insurance by shopping around.
If you currently have a car insurance policy, you will be able to cut your premiums using the concepts covered in this article. Finding the cheapest coverage in Irvine is easy if you know what you’re doing. But California vehicle owners need to learn the way insurance companies price insurance differently because rates are impacted by many factors.
Insurance policy discounts you can’t miss
Some providers don’t necessarily list every discount in an easy-to-find place, so we took the time to find some of the more common as well as the least known credits available to lower your premiums when you buy Irvine car insurance online.
- Multiple Vehicles – Drivers who insure primary and secondary vehicles with the same company can get a discount for every vehicle.
- Onboard Data Collection – Drivers who elect to allow driving data collection to analyze vehicle usage by using a telematics device in their vehicle such as Progressive’s Snapshot could save a few bucks as long as they are good drivers.
- Federal Employees – Active or retired federal employment may reduce rates when you quote Irvine car insurance but check with your company.
- Savings for New Vehicles – Adding a new car to your policy is cheaper compared to insuring an older model.
- Accident Forgiveness Coverage – Not really a discount, but companies like State Farm and Allstate will forgive one accident without getting socked with a rate hike if you are claim-free prior to the accident.
A little disclaimer on discounts, most credits do not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like comp or med pay. Despite the fact that it seems like all the discounts add up to a free policy, it’s just not the way it works.
The illustration below visualizes the comparison of Lexus LS 460 insurance prices with and without discounts applied. The rate quotes are based on a female driver, a clean driving record, no at-fault accidents, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, marriage, safe-driver, homeowner, and multi-car discounts applied.
A partial list of companies who may offer these discounts include:
It’s a good idea to ask every company which discounts you qualify for. Savings might not be offered on policies in your area. To find insurance companies that have a full spectrum of discounts in California, click this link.
The method we recommend to compare insurance rates from multiple companies is to realize almost all companies actually pay money for the chance to provide you with a free rate quote. All consumers are required to do is provide details like deductibles desired, if you have an active license, whether you drive to work or school, and how much education you have. Those rating factors is instantly sent to all major companies and they respond with quotes within a short period of time.
To start a rate quote now, click here and find out if you can get cheaper insurance in Irvine.
The following companies offer comparison quotes in Irvine, CA. If you want to find cheap auto insurance in Irvine, CA, we recommend you get rates from several of them to find the lowest car insurance rates.
Lexus LS 460 coverage analysis
The coverage information shown next highlights detailed analysis of insurance coverage prices for Lexus LS 460 models. Having insight into how insurance policy premiums are determined can be of help when making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LS 460 4-Dr Sedan | $274 | $638 | $424 | $26 | $128 | $1,490 | $124 |
| LS 460 4-Dr Sedan | $274 | $638 | $424 | $26 | $128 | $1,490 | $124 |
| LS 460 AWD 4-Dr | $274 | $638 | $424 | $26 | $128 | $1,490 | $124 |
| LS 460 L 4-Dr Sedan | $274 | $638 | $424 | $26 | $128 | $1,490 | $124 |
| LS 460 L AWD 4-Dr | $274 | $638 | $424 | $26 | $128 | $1,490 | $124 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Rates do not factor in specific location information which can revise insurance rates greatly.
The example below demonstrates how deductibles and can change Lexus LS 460 insurance premiums for different categories of driver ages. The rate quotes are based on a single male driver, comp and collision included, and no discounts are factored in.
How violations and accidents impact rates
The example below shows how speeding tickets and at-fault fender-benders can increase Lexus LS 460 insurance rates for different categories of driver ages. The premium estimates are based on a married female driver, comp and collision included, $250 deductibles, and no policy discounts are applied.
Liability only or full coverage
The chart below shows the difference between Lexus LS 460 annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in California. The costs are based on no accidents or driving violations, $250 deductibles, marital status is single, and no policy discounts are applied.
When to drop comprehensive and collision
There is no definitive formula of when to stop paying for comp and collision coverage, but there is a general school of thought. If the yearly cost of full coverage is more than 10% of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let’s assume your Lexus LS 460 book value is $7,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company would pay you is $6,000 after paying your policy deductible. If premium cost is more than $600 annually for comprehensive and collision coverage, then you might consider buying liability only.
There are a few situations where removing full coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not opt for liability only.
Different people need different insurance coverages
When quoting and comparing coverage, there really is not a cookie cutter policy. Each situation is unique so your insurance should reflect that
These are some specific questions may help you determine whether or not you may require specific advice.
- What are the financial responsibility laws in my state?
- Can I get by with minimal medical coverage if I have good health insurance?
- Will my insurance pay for OEM parts?
- Is there coverage for injuries to my pets?
- Am I covered if hit by an uninsured driver?
- What is an umbrella policy?
- I don’t drive much so do I pay less?
- Should I bundle my homeowners policy with my auto?
If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Compare rates but work with a neighborhood Irvine auto insurance agent
Certain consumers just prefer to have an agent’s advice and that is a personal choice. One of the benefits of comparing rates online is the fact that you can find lower rates and still choose a local agent. And supporting local agents is definitely important in Irvine.
After filling out this simple form, the quote information gets sent to local insurance agents in Irvine that give free quotes for your coverage. You don’t have to contact any insurance agencies as quotes are delivered immediately to your email address. It’s the lowest rates without a big time investment. If you need to get a comparison quote from a specific company, just find their quoting web page to submit a rate quote request.
Selecting a company shouldn’t rely on just the premium amount. Ask your prospective agent these questions:
- Has the agent ever had any license suspensions?
- Do they receive special compensation for putting your coverage with one company over another?
- Are they primarily personal or commercial lines agents in Irvine?
- How much will you save each year by using a higher deductible?
- If you have an accident, will your rates go up?
- Do they have any clout with companies to ensure a fair claim settlement?
After receiving satisfactory answers for all questions you ask and locked in a price quote, you have narrowed it down to a company that meets the criteria to adequately provide auto insurance.
Irvine car insurance companies ranked
Finding the top insurer can be difficult considering how many different companies insure vehicles in Irvine. The ranking information in the next section may help you pick which providers to look at comparing price quotes from.
Top 10 Irvine Car Insurance Companies Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA of Southern California – 92%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
Insurance policy specifics
Understanding the coverages of your insurance policy helps when choosing which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages found on most insurance policies.
Liability coverages
This coverage will cover injuries or damage you cause to other’s property or people. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 15/30/5 which stand for a limit of $15,000 per injured person, a limit of $30,000 in injury protection per accident, and property damage coverage for $5,000. Another option is one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability insurance covers claims such as emergency aid, pain and suffering, structural damage, loss of income and funeral expenses. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible. California requires minimum liability limits of 15/30/5 but it’s recommended drivers buy more coverage.
The chart below demonstrates why the minimum limit may not be adequate coverage.
Uninsured or underinsured coverage
This coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Lexus LS 460.
Due to the fact that many California drivers only purchase the least amount of liability that is required (which is 15/30/5), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.
Comprehensive protection
This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things such as vandalism, damage from a tornado or hurricane and theft. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Medical expense coverage
Med pay and PIP coverage kick in for short-term medical expenses such as EMT expenses, doctor visits, funeral costs and X-ray expenses. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible
Collision coverage
This coverage pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for things such as backing into a parked car, damaging your car on a curb, sideswiping another vehicle and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to raise the deductible on your LS 460 to save money on collision insurance.
You can find cheaper coverage
When buying insurance coverage, it’s a bad idea to reduce coverage to reduce premium. In too many instances, someone sacrificed liability coverage limits and found out when filing a claim that the savings was not a smart move. The proper strategy is to find the BEST coverage at an affordable rate and still be able to protect your assets.
Discount Lexus LS 460 insurance in Irvine is possible both online and also from your neighborhood Irvine agents, so you need to quote Irvine car insurance with both in order to have the best price selection to choose from. Some insurance companies may not offer online rate quotes and usually these small, regional companies only sell coverage through independent insurance agents.
Additional articles
- State Laws for Cellphones and Texting (iihs.org)
- Who Has the Cheapest Irvine Car Insurance Rates for a Subaru Outback? (FAQ)
- How Much is Auto Insurance for High Risk Drivers in Irvine? (FAQ)
- How Much are Irvine Car Insurance Rates for Single Moms? (FAQ)
- What Car Insurance is Cheapest for a Toyota Corolla in Irvine? (FAQ)
- Who Has the Cheapest Irvine Auto Insurance Quotes for a Honda Civic? (FAQ)
- Who Has the Cheapest Irvine Car Insurance for a Honda Accord? (FAQ)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)