Save Money on Lexus GS 350 Insurance in Greensboro

Insurance quote for Lexus GS 350 in GreensboroEveryone knows that car insurance companies don’t want customers comparing rates. Insureds who rate shop once a year are highly likely to buy a new policy because they have a good chance of finding coverage at a cheaper rate. A recent survey discovered that people who shopped around saved on average $70 a month as compared to drivers who don’t regularly compare prices.

If finding budget-friendly Lexus GS 350 insurance in Greensboro is the reason you’re here, understanding how to compare insurance premiums can make shopping around easier.

It takes a few minutes, but the best way to find cheaper quotes for Lexus GS 350 insurance is to regularly compare prices from companies in Greensboro. You can compare rates by following these steps.

  1. Gain an understanding of the coverage provided by your policy and the things you can change to keep rates down. Many policy risk factors that result in higher prices like traffic citations, accidents, and a not-so-good credit history can be improved by paying attention to minor details. Keep reading for information to help prevent costly coverage and find possible discounts that are available.
  2. Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like Progressive or Farmers Insurance, while independent agents can provide rate quotes from many different companies.
  3. Compare the new rates to your current policy premium and see if you can 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 proper notification to your current company of your decision to cancel your current coverage. Submit a completed application and payment to your new agent or company. Be sure to place the new proof of insurance certificate in an easily accessible location.

The key thing to remember is to use the same physical damage deductibles and liability limits on each quote and and to get rates from as many companies as you can. This guarantees a fair rate comparison and the most accurate and complete price analysis.

Buy Greensboro Lexus GS 350 insurance online

Getting low cost Lexus GS 350 insurance pricing can be quick and easy. The only thing you need to do is invest a little time comparing rates from online providers.

It’s so simple to compare insurance quotes online makes it obsolete to spend your day driving to and from local Greensboro insurance agencies. The internet makes this process obsolete unless you prefer the extra assistance only provided by licensed Greensboro agents. However, consumers can compare the best prices online but still have the advice of a local agent.

The following companies can provide quotes in North Carolina. To locate cheap car insurance in North Carolina, it’s highly recommended you visit as many as you can to get the cheapest price.

Analysis of coverages

The information shown below highlights different insurance coverage prices for Lexus GS 350 models. Learning as much as possible about how rates are figured can help drivers make decisions on the best policy to buy.


Lexus GS 350 Insurance Rates in Greensboro, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 350 $208 $432 $222 $14 $66 $942 $79
GS 350 AWD $230 $488 $222 $14 $66 $1,020 $85
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Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Prices do not factor in specific location information which can affect prices noticeably.

Rate comparison for different deductibles

One of the most common insurance questions is which deductibles should you choose. The figures shown below summarize the difference in cost when you buy lower versus higher policy deductibles. The first rate table uses a $100 physical damage coverage deductible and the second price chart uses a $1,000 deductible.


Lexus GS 350 insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 350 $270 $524 $212 $12 $64 $1,107 $92
GS 350 AWD $298 $594 $212 $12 $64 $1,205 $100
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Lexus GS 350 insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 350 $150 $276 $212 $12 $64 $714 $60
GS 350 AWD $164 $314 $212 $12 $64 $766 $64
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Rate information does not factor in your specific Greensboro location which can modify price quotes substantially.

Based on these figures, using a $100 deductible could cost the average driver approximately $34 more each month or $408 every year than buying the higher $1,000 deductible. Since you would pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go more than 26 months between claim filings, you would probably save some money by selecting a higher deductible.

Poor driving habits will raise your insurance rates

The illustration below highlights how speeding tickets and at-fault fender-benders can impact Lexus GS 350 insurance rates for different age groups. The rates are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.

Cost of full coverage

The illustration below shows the difference between Lexus GS 350 yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in North Carolina. The premiums are based on a clean driving record, no claims, $500 deductibles, drivers are single, and no policy discounts are applied.

When to drop comp and collision

There is no exact formula to drop comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost of full coverage is more than about 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.

For example, let’s assume your Lexus GS 350 claim settlement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $8,000 after paying the physical damage deductible. If it’s costing in excess of $800 a year for physical damage coverage, then it might be time to consider dropping full coverage.

There are some conditions where buying only liability insurance is not financially feasible. If you still owe a portion of the original loan, you have to maintain full coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not buy liability only.

Do I need special coverages?

Always remember that when buying adequate coverage, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s.Safe vehicles cost less to insure

For example, these questions might point out whether or not you may require specific advice.

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form. It’s fast, free and may give you better protection.

Local agents and insurance

Many people still prefer to have an agent’s advice and we recommend doing that Agents can answer important questions and give you someone to call. A good thing about comparing insurance online is that you can obtain cheaper premium rates and still buy from a local agent.

Once you complete this short form, your coverage information is sent to local insurance agents who will give you quotes to get your business. You won’t need to leave your computer as quotes are delivered to you instantly. If you wish to get a price quote from a specific company, you just need to navigate to their website to submit a rate quote request.

Choosing the best provider should depend on more than just a low price. Here are some questions you should ask.

When looking for a reputable insurance agent or broker, you should know the different agency structures and how they operate. Greensboro agents are classified as either independent or exclusive. Both types can sell and service insurance coverage, but it’s important to point out the difference in how they write coverage because it may have an impact on buying decisions.

Exclusive Insurance Agents

These agents are contracted to one company and examples are Allstate, State Farm and Farm Bureau. They usually cannot provide other company’s prices so always compare other rates. Exclusive insurance agents are well trained in insurance sales which helps them sell on service rather than price.

The following are Greensboro exclusive agents that can give you comparison quotes.


4125 Walker Ave CGreensboro, NC 27407(336) 852-2627View Map


4401 W Wendover Ave #103Greensboro, NC 27407(336) 852-7283View Map


1320 Lees Chapel Rd gGreensboro, NC 27455(336) 375-5920View Map

More Greensboro agents

Independent Insurance Agents

Agents of this type are not locked into one company and that is an advantage because they can write policies with lots of companies and find the cheapest insurance rates. If you are not satisfied with one company, your agent can just switch to a different company which is easy for the insured. When comparing insurance prices, you need to compare quotes from at least one independent agent for maximum quote selection.

Shown below is a short list of independent agencies in Greensboro that are able to give rate quotes.


1451 S Elm-Eugene St #2119Greensboro, NC 27406(336) 303-8992View Map


2211 W Meadowview Rd Ste 110Greensboro, NC 27407(336) 855-1234View Map


2100 W Cornwallis Dr, Ste OGreensboro, NC 27408(336) 288-8000View Map

More Greensboro agents

Greensboro car insurance companies

Insuring your vehicle with a highly-rated insurance provider is difficult considering how many different companies sell coverage in Greensboro. The ranking information displayed below can help you pick which companies you want to consider comparing rate quotes with.

Top 10 Greensboro Car Insurance Companies Overall

  1. Travelers
  2. USAA
  3. AAA Insurance
  4. Nationwide
  5. Allstate
  6. State Farm
  7. The Hartford
  8. Safeco Insurance
  9. Progressive
  10. American Family