Cheap Lexus HS 250h Insurance in Honolulu

A recent survey discovered that nearly 70% of customers have stayed with the same insurance company for at least the last four years, and nearly half have never even shopped around for affordable coverage. The average driver in the United States can save hundreds of dollars each year just by comparing rates, but they don’t invest the time required to find affordable insurance by shopping around.

Insurance rates Lexus HS 250h in HonoluluIf you want to find the absolute lowest rates, then the best way to get the cheapest car insurance rates in Honolulu is to regularly compare prices from insurers in Hawaii.

  1. Try to learn about individual coverages and the measures you can control to prevent expensive coverage. Many factors that increase rates such as inattentive driving and a less-than-favorable credit rating can be improved by making minor driving habit or lifestyle changes.
  2. Request price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from one company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes from multiple sources.
  3. Compare the new rates to your current policy to see if switching to a new carrier will save money. If you find a better price, make sure the effective date of the new policy is the same as the expiration date of the old one.
  4. Provide written notification to your current company to cancel your current coverage. Submit any necessary down payment along with the completed application to the new company. Immediately upon receiving it, place the new certificate of insurance along with the vehicle’s registration papers.

The most important part of shopping around is to try to compare identical coverage information on every price quote and and to get rates from every company you can. This guarantees an accurate price comparison and the most accurate and complete price analysis.

If you have a current insurance policy or need new coverage, you can use these tips to lower your rates without sacrificing coverage. Comparing rates for cheaper insurance policy in Honolulu is not as difficult as people think. Drivers just have to understand the proper methods to find the lowest price from many companies at once.

The companies shown below have been selected to offer price comparisons in Honolulu, HI. If more than one company is shown, it’s a good idea that you visit several of them in order to find the cheapest rates.

Lexus HS 250h detailed coverage information

The price information below covers estimates of coverage costs for Lexus HS 250h models. Being aware of how car insurance prices are established can be of help when making decisions on the best policy coverages.

Lexus HS 250h Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $238 $378 $294 $18 $88 $1,016 $85
HS 250H Premium 4-Dr Sedan $238 $378 $294 $18 $88 $1,016 $85
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Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Rate information does not factor in vehicle location which can decrease or increase insurance rates greatly.

Deductible analysis

One frequently asked question is what deductibles to buy. The rates shown below summarize the costs and benefits when you select higher and lower physical damage deductibles. The first price estimate table uses a $100 deductible and the second pricing table uses a $500 deductible.

Lexus HS 250h insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $286 $558 $226 $14 $68 $1,177 $98
HS 250H Premium 4-Dr Sedan $286 $558 $226 $14 $68 $1,177 $98
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Lexus HS 250h insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $210 $378 $226 $14 $68 $896 $75
HS 250H Premium 4-Dr Sedan $210 $378 $226 $14 $68 $896 $75
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium amounts do not factor in specific zip code location which can raise or lower price quotes significantly.

Using the data above, we can ascertain that using a $100 deductible will cost you about $23 more each month or $276 each year than selecting the higher $500 deductible. Because you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 17 months between claim filings, you would probably be better off if you decide on a higher deductible.

The illustration below illustrates how your choice of deductibles and can affect Lexus HS 250h insurance costs for each age group. The premium estimates are based on a single female driver, full physical damage coverage, and no discounts are factored in.

Drive responsibly or pay higher rates

The illustration below illustrates how traffic citations and at-fault claims can drive up Lexus HS 250h insurance prices for each age group. The premiums are based on a single male driver, full coverage, $100 deductibles, and no discounts are applied.

Full coverage versus liability-only

The information below visualizes the comparison of Lexus HS 250h insurance rates when comparing full coverage to state minimum liability only. The data is based on no violations or claims, $1,000 deductibles, single status, and no other discounts are factored in.

When to drop comp and collision

There is no definitive guideline of when to exclude physical damage coverage on your policy, but there is a general convention. If the yearly cost of full coverage is more than about 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Lexus HS 250h settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after the deductible is paid. If it’s costing in excess of $200 annually for full coverage, then you may want to consider only buying liability coverage.

There are some conditions where only buying liability is not a good plan. If you still owe money on your vehicle, you have to carry full coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage.

Affordable rates by earning discounts

Companies offering auto insurance do not list every discount very well, so we took the time to find both the well known in addition to some of the lesser obvious credits available to lower your premiums when you buy Honolulu auto insurance online.Insurance discounts

A little disclaimer on discounts, most credits do not apply to the whole policy. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though it appears you could get a free insurance policy, companies wouldn’t make money that way.

The example below illustrates the comparison of Lexus HS 250h insurance costs with and without discounts. The data is based on a male driver, a clean driving record, no at-fault accidents, Hawaii state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, marriage, homeowner, safe-driver, and multi-policy discounts applied.

If you would like to see a list of providers that have a full spectrum of discounts in Hawaii, click here.

Insurance protects more than just your car

Despite the high insurance cost for a Lexus HS 250h in Honolulu, insurance serves several important purposes.

The benefits of carrying enough insurance definitely exceed the cost, especially with large liability claims. Today the average American driver is overpaying more than $800 each year so it’s important to compare rates at every renewal to save money.

Do I need special coverages?

Keep in mind that when it comes to choosing the best car insurance coverage, there really is not a cookie cutter policy. Every insured’s situation is different so this has to be addressed.Drive safe and save
For instance, these questions can help discover whether your personal situation would benefit from an agent’s advice.

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

Local agents and car insurance

Many drivers still prefer to sit down with an agent and doing that can be a smart decision Professional insurance agents are very good at helping people manage risk and help submit paperwork. One of the great benefits of comparing rate quotes online is you may find better rates and still have a local agent.

Insurance agency in HonoluluTo help locate an agent, after submitting this form (opens in new window), your coverage information is sent to local insurance agents in Honolulu who will return price quotes for your business. There is no need to find an agent on your own because prices are sent immediately to your email address. If for some reason you want to get a comparison quote from a specific company, just jump over to their website and fill out their quote form.

Finding a good provider shouldn’t rely on just a cheap quote. Agents should be asked these questions:

When searching for a reliable insurance agent, it’s important to understand the different types of agencies to choose from. Car insurance agencies may be either independent or exclusive depending on the company they work for. Either one can handle car insurance, but it’s worth learning the subtle differences because it may have an impact on buying decisions.

Exclusive Car Insurance Agents

Agents that elect to be exclusive write business for a single company such as AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agencies are unable to compare rates from other companies so you need to shop around if the rates are high. Exclusive insurance agents are highly trained in insurance sales which helps them sell insurance even at higher premiums. Some people will only buy from the same agent for years primarily because of the brand legacy and the convenience of having a single billing for all their coverages.

The following is a list of exclusive insurance agencies in Honolulu that are able to give price quotes.

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Independent Car Insurance Agents

Independent agents are not limited to a single company so they can quote policies through many companies and potentially find a lower price. If prices rise, the business is moved internally without you having to go to a different agency.

If you are comparing rate quotes, you will definitely want to contact at least one independent agent to get the best comparison. Most independent agents also contract with additional companies that you may not be familiar with which can be an advantage.

The following is a short list of independent agencies in Honolulu who can help you get price quotes.

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