Compare Lexus GS 450h Insurance Quotes in Minneapolis

Would you like to stop wasting money and find the cheapest Lexus GS 450h insurance in Minneapolis? When looking for lower-priced insurance, are you intimidated by the crazy number of car insurance companies available to you? There are so many options that it can easily turn into a ton of work to lower your prices for Lexus GS 450h insurance in Minneapolis. If you live there, you know that Minneapolis is an awesome place to live, but paying high car insurance rates can make it hard for many residents to keep a tight budget.

Insurance for Lexus GS 450hIt’s easy to assume that auto insurance companies don’t want policyholders to compare prices from other companies. People who shop around once a year will presumably switch companies because the odds are good of finding a more affordable policy premium. A recent car insurance study revealed that consumers who compared rates regularly saved as much as $865 annually compared to other drivers who never shopped around.

If finding discount rates on auto insurance is your goal, learning the best ways to find and compare insurance coverage can help you succeed in saving money.

It’s smart to get comparison quotes as often as possible because rates change quite often. Just because you found the lowest premium rates on Lexus GS 450h insurance in Minneapolis six months ago a different company probably has better prices today. Forget all the misinformation about car insurance because it’s time to teach you the proper way to find better rates and still maintain coverage.

If you have insurance now, you will most likely be able to find better prices using these techniques. Finding affordable auto insurance policy in Minneapolis is not as time-consuming as you think. Nevertheless, Minnesota consumers should learn how insurance companies calculate your policy premium because it varies considerably.

To find cheaper quotes, there are a couple of ways of comparing rates from many car insurance companies in Minnesota. The simplest method to comparison shop is to use the internet to compare rates. It’s important to know that comparing a wide range of rates helps locate more affordable rates.

The following companies are ready to provide comparison quotes in Minnesota. To find cheap auto insurance in Minnesota, we recommend you visit as many as you can to find the cheapest auto insurance rates.

Three main reasons to buy auto insurance

Despite the high insurance cost for a Lexus GS 450h in Minneapolis, insuring your vehicle is required in Minnesota but also provides important benefits.

First, just about all states have mandatory insurance requirements which means state laws require a minimum amount of liability insurance coverage in order to drive the car. In Minnesota these limits are 30/60/10 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you have a lien on your Lexus GS 450h, almost all lenders will require that you buy insurance to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Lexus for a lot more money and make you pay for the expensive policy.

Third, auto insurance protects your vehicle and your assets. It will also provide coverage for medical expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit in the event you are sued. If you have damage to your Lexus as the result of the weather or an accident, your auto insurance policy will pay to restore your vehicle to like-new condition.

The benefits of carrying adequate insurance greatly outweigh the cost, especially when you need to use it. In a recent study of 1,000 drivers, the average customer is overpaying over $869 every year so you should quote your policy with other companies at every renewal to be sure current rates are still competitive.

Rates and detailed analysis

The table shown below highlights estimates of prices for Lexus GS 450h models. Having a better understanding of how insurance prices are determined is important for making informed purchases.


Lexus GS 450h Insurance Rates in Minneapolis, MN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 450H Hybrid $326 $742 $358 $22 $108 $1,556 $130
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Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Minnesota minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Premium costs do not factor in Minneapolis location which can change coverage rates noticeably.

Policy deductibles

When buying insurance, a common question is how high should the deductibles for physical damage be. The figures shown below can help show the differences in price of buying low and high physical damage deductibles. The first set of prices uses a $250 deductible for physical damage and the second data table uses a $500 deductible.


Lexus GS 450h insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 450H Hybrid $340 $634 $318 $18 $94 $1,429 $119
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Lexus GS 450h insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GS 450H Hybrid $276 $512 $318 $18 $94 $1,218 $102
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Minnesota minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Premium amounts do not factor in vehicle garaging location which can impact premiums considerably.

Based on these figures, using a $250 deductible costs about $17 more each month or $204 every year than quoting the higher $500 deductible. Because you would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you usually have more than 15 months between claims, you would most likely save money by selecting a higher deductible.

The chart below illustrates how your choice of deductibles and can affect Lexus GS 450h insurance premiums for different ages of insureds. The premium estimates are based on a single female driver, full coverage, and no discounts are taken into consideration.

Violations and accidents raise rates

The example below demonstrates how citations and at-fault claims raise Lexus GS 450h insurance prices for different age groups of insureds. The data is based on a married female driver, full coverage, $250 deductibles, and no discounts are factored in.

Lower-cost Lexus GS 450h insurance quotes in Minneapolis

Car insurance is not cheap, but there’s a good chance there are discounts to reduce the price significantly. Some trigger automatically when you complete an application, but a few must be requested specifically before they will apply.Save money with discounts

Please keep in mind that some of the credits will not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like medical payments or collision. So even though it sounds like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

The chart below shows the comparison of Lexus GS 450h yearly insurance costs with and without discounts being applied to the rates. The information is based on a female driver, no claims or driving violations, Minnesota 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 multi-policy, safe-driver, multi-car, homeowner, marriage, and claim-free discounts applied.

A list of insurance companies and a selection of discounts are included below.

When quoting, ask every prospective company which discounts you may be entitled to. Some discounts listed above may not be available everywhere. To see insurance companies that have a full spectrum of discounts in Minneapolis, click here to view.

Tailor your insurance coverage to you

Keep in mind that when it comes to choosing the best insurance coverage for your vehicles, there really is not a perfect coverage plan. Every insured’s situation is different.Drive safe and save

These are some specific questions may help you determine if your insurance needs might need an agent’s assistance.

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

How to find a good Minneapolis auto insurance company

Picking a high-quality company can be challenging considering how many companies provide coverage in Minnesota. The ranking data below may help you pick which auto insurers you want to consider comparing price quotes from.

Top 10 Minneapolis Car Insurance Companies Ranked by Value

  1. USAA
  2. GEICO
  3. AAA Insurance
  4. State Farm
  5. Liberty Mutual
  6. Allstate
  7. Safeco Insurance
  8. 21st Century
  9. Travelers
  10. Titan Insurance