Auto Insurance Quotes for a Lexus HS 250h in Jersey City

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Insurance rates Lexus HS 250h in Jersey CityWant to learn the secrets to finding more affordable Lexus HS 250h insurance in Jersey City? When searching for more affordable insurance, are you intimidated by the sheer number of insurance sources in Jersey City? You have so many choices that it can turn into a difficult mission to find the best premium rates for Lexus HS 250h insurance in Jersey City. Everyone knows Jersey City is an excellent city in which to live, but high insurance premiums makes it very hard to afford enough coverage.

Statistics show that almost 70% of insureds in New Jersey have remained with the same insurance company for four years or more, and about 40% of consumers have never compared insurance rates at all. The average driver in America can save hundreds of dollars each year just by shopping around, but they just assume it takes a lot of time to do a rate comparison.

If you have car insurance now, you should be able to find better prices using the concepts covered in this article. This information will help you learn the best methods to compare rates and some tips to save money. But New Jersey car owners need to have an understanding of how big insurance companies determine how much to charge because it varies considerably.

Companies offering low-cost Lexus HS 250h prices in Jersey City, NJ

The companies shown below have been selected to offer price comparisons in Jersey City, NJ. If you wish to find cheap auto insurance in New Jersey, we recommend you visit two to three different companies to get the most affordable price.

Lexus HS 250h insurance statistics and information

The rate information shown below showcases estimates of coverage prices for Lexus HS 250h models. Learning a little about how car insurance prices are determined is important for drivers to make decisions on which insurance to purchase.

Lexus HS 250h Insurance Rates in Jersey City, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $424 $782 $420 $24 $126 $1,776 $148
HS 250H Premium 4-Dr Sedan $424 $782 $420 $24 $126 $1,776 $148
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Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rates do not factor in garaging location in Jersey City which can revise price quotes greatly.

Comparison of policy deductibles

When buying car insurance, a common question is at what level do you set your deductibles. The rates below lay out the rate differences when you choose different deductibles. The first pricing table uses a $100 deductible for physical damage and the second set of prices uses a $500 deductible.

Lexus HS 250h insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $520 $1014 $408 $24 $122 $2,113 $176
HS 250H Premium 4-Dr Sedan $520 $1014 $408 $24 $122 $2,113 $176
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Lexus HS 250h insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
HS 250H 4-Dr Sedan $380 $684 $408 $24 $122 $1,618 $135
HS 250H Premium 4-Dr Sedan $380 $684 $408 $24 $122 $1,618 $135
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Premium costs do not factor in specific garaging location which can revise prices substantially.

Based on the figures above, using a $100 deductible will cost in the ballpark of $41 more each month or $492 for a full year across all Lexus HS 250h models than quoting the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at least 10 months between claims, you would probably be better off if you decide on a higher deductible.

How to calculate deductible break even period

Average monthly premium for $100 deductibles: $176
Average monthly premium for $500 deductibles (subtract): - $135
Monthly savings from raising deductible: $41
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $41
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 10 months

An important thing to remember is that increasing deductibles to lower your rates means you will have to pay more of your own money when you have a claim. It will be required that you have some non-essential savings in order to pay the deductible.

Annual premiums for males compared to females in Jersey City

The illustration below visualizes the comparison of Lexus HS 250h car insurance rates for male and female drivers. The premiums are based on no claims or driving citations, comprehensive and collision coverage, $100 deductibles, drivers are not married, and no other discounts are factored in.

Does full coverage make sense?

The information below illustrates the difference between Lexus HS 250h insurance rates with liability coverage only compared to full coverage. The rates are based on no accidents, no driving violations, $250 deductibles, drivers are single, and no discounts are taken into consideration.

Are you wasting money paying for full coverage?

There is no definitive rule of when to exclude comp and collision coverage, but there is a general convention. If the yearly cost of comp and collision coverage is more than around 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.

For example, let's assume your Lexus HS 250h replacement cost is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, you would only receive $5,000 after the policy deductible has been paid. If it's costing in excess of $500 annually for comprehensive and collision coverage, then you may need to consider dropping full coverage.

There are a few cases where dropping physical damage coverage is not recommended. If you haven't paid off your loan, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if you don't have enough money to buy a different vehicle if your current one is in an accident, you should keep full coverage on your policy.

How Car Insurance Companies Determine Lexus HS 250h Insurance Costs

Many different elements are part of the calculation when you quote your car insurance policy. Some factors are common sense like an MVR report, but other factors are more transparent such as your marital status or how safe your car is.

  • Stay claim-free and save money - Companies in New Jersey provide cheaper rates to policyholders who are claim-free. If you're an insured who likes to file claims you can definitely plan on either higher rates or even cancellation. Insurance coverage is intended to be relied upon for larger claims.
  • Better drivers pay better costs - Even one speeding ticket could increase your next policy renewal twenty percent or more. Drivers who don't get tickets get better rates than their less careful counterparts. Drivers who get multiple violations like DUI or reckless driving may face state-mandated requirements to submit a SR-22 form with their state DMV in order to legally drive.

    The illustration below illustrates how violations and accident claims influence Lexus HS 250h insurance costs for each age group. The premiums assume a married female driver, full coverage, $100 deductibles, and no additional discounts are factored in.

  • Annual mileage impacts premiums - The more you drive your Lexus each year the more you'll pay to insure your vehicle. Many insurance companies charge rates based upon how the vehicle is primarily used. Cars that sit idle most of the time cost less to insure than vehicles that are driven to work every day. Incorrect rating for your HS 250h may be costing you higher rates. Double check that your insurance policy correctly shows the right rating data, because it can save money.
  • See if your company offers a multi-policy discount - Most companies provide discounts to policyholders that have more than one policy. It's known as a multi-policy discount. Discounts can be as much as ten percent or more Even if you're getting this discount it's always a smart idea to compare other Jersey City HS 250h insurance rates to verify if the discount is saving money. Drivers may still find lower rates even if you insure with multiple companies
  • Cars with good safety ratings means lower rates - Vehicles with high crash test scores get lower rates. Safer cars protect occupants better and lower injury rates means less claims paid and lower rates for you.
  • Better insurance rates for no policy lapses - Letting your insurance expire is a sure-fire way to bump up your insurance costs. In addition to paying higher rates, getting caught without coverage can result in a fine, jail time, or a revoked license.
  • Insurance rates and your vocation - Jobs like military generals, executives, and emergency personnel usually pay the highest average rates because of intense work requirements and lots of time spent at work. On the other hand, careers such as actors, students and homemakers generally pay rates lower than average.
  • Where you live is a factor - Residing in less populated areas may provide you with better prices when talking about insurance. People who live in big cities have to deal with more auto accidents and a longer drive to work. Lower population means fewer accidents in addition to fewer liability claims.

Take advantage of these discounts on Lexus HS 250h insurance in Jersey City

Companies don't always publicize every discount available in a way that's easy to find, so here is a list both well-publicized in addition to some of the lesser obvious credits available to lower your premiums when you buy Jersey City car insurance online.Car insurance discounts

  • Government Employees - Employees or retirees of the government could provide a small rate reduction depending on your company.
  • Club Memberships - Participating in a professional or civic organization is a good way to get lower rates on your next renewal.
  • Low Mileage Discounts - Driving less could be rewarded with cheaper car insurance rates.
  • Driver's Ed - It's a good idea to have your young drivers successfully complete driver's ed class in high school.
  • Early Payment Discounts - If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
  • Theft Deterrent Discount - Cars, trucks, and SUVs that have factory anti-theft systems have a lower chance of being stolen and will qualify for a discount on a Jersey City car insurance quote.
  • Defensive Driver - Completing a course that instructs on driving safety may get you a small discount depending on where you live.
  • Seat Belts Save - Forcing all vehicle occupants to wear their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.

As is typical with insurance, most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like collision or personal injury protection. Even though it appears you could get a free car insurance policy, companies don't profit that way.

The illustration below compares Lexus HS 250h auto insurance rates with and without discounts applied. The data is based on a male driver, no driving violations, no at-fault accidents, New Jersey state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, multi-policy, marriage, multi-car, and homeowner discounts applied.

If you would like to view insurance companies that can offer you the previously mentioned discounts in New Jersey, follow this link.

Are auto insurance agents of importance?

Some people just want to go talk to an agent and that is just fine! One of the benefits of price shopping on the web is that you can find better rates and still have an agent to talk to.

Insurance agency in Jersey CityBy using this simple form, your insurance coverage information is transmitted to insurance agents in Jersey City who want to provide quotes to get your business. It makes it easy because there is no need to search for an agent because quoted prices will be sent immediately to you. You can find the lowest rates without the usual hassles of price shopping. If you want to get a rate quote from a specific insurance provider, don't hesitate to find their quoting web page and fill out the quote form the provide.

Choosing the best insurer is decision based upon more than just the premium amount. Any agent in Jersey City should be forthright in answering these questions:

  • Where are claims handled?
  • Can they provide you with a list of referrals?
  • What will you get paid if your car is a total loss? How is that amount determined?
  • Do they make recommendations based only on price?
  • Are they full-time agents?

Do you need an independent or exclusive car insurance agent?

When looking for an insurance agent, you need to know there are two different agency structures to choose from. Insurance agencies can be classified as either independent or exclusive.

Exclusive Agents

These type of agents have only one company to place business with like Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents are unable to provide other company's prices so it's a take it or leave it situation. Exclusive insurance agents are trained well on what they offer which helps them compete with independent agents. Many people choose to use a exclusive agent mostly because of the prominent brand name and the convenience of having a single billing for all their coverages.

Shown below is a list of exclusive agencies in Jersey City who can help you get rate quotes.

More Jersey City agents

Independent Agents (or Brokers)

Independent agents are normally appointed by many insurers and that is an advantage because they can write policies through lots of different companies and get the cheapest rates. If prices rise, your agent can switch companies which requires no work on your part. If you need cheaper insurance rates, you definitely need to contact at least one independent agent to have the best price comparison. A lot of them also have access to companies you've never heard of which can save you money.

Listed below is a short list of independent agencies in Jersey City that are able to give rate quotes.


  • 2330 John F. Kennedy Blvd - Jersey City, NJ 07304 - (201) 435-4300 - View Map
  • Exodus Insurance Services
    758 Ocean Ave - Jersey City, NJ 07304 - (201) 433-1015 - View Map
  • All Insurance Services Inc
    574 Newark Ave - Jersey City, NJ 07306 - (201) 963-8888 - View Map

More Jersey City agents

New Jersey auto insurance companies

Picking the top insurance company can be a challenge considering how many companies sell insurance in New Jersey. The ranking information shown next can help you choose which companies you want to consider when shopping around.

Top Auto Insurance Companies in New Jersey
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Mercury Insurance 87 96 100 87% A+ 93.4
The Hartford 88 96 91 93% A+ 92.6
Progressive 84 94 99 90% A+ 92.4
Travelers 84 93 100 87% A++ 92.3
State Farm 84 93 95 87% A++ 91
Farmers Insurance 87 92 90 85% A 90.6
Safeco Insurance 85 91 87 86% A 88.4
USAA 71 93 98 87% A++ 88
GEICO 73 93 95 85% A++ 87.1
21st Century 85 85 91 89% A 86.9
Liberty Mutual 72 91 97 83% A 86.4
AAA Insurance 85 85 88 86% A 85.8
Nationwide 71 90 93 83% A+ 84.9
Allstate 69 92 92 83% A+ 84.4
American Family 77 96 80 85% A 83.8
Esurance 70 80 89 77% A+ 79.2
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Data Source: Insure.com Best Car Insurance Companies

Your situation helps dictate your coverage

When it comes to a policy for your vehicles, there really isn't a "best" method to buy coverage. Every situation is different and your auto insurance should unique, too.Drive safe and save These are some specific questions may help highlight whether you may require specific advice.

  • Why am I required to get a high-risk car insurance policy?
  • Should I have a commercial auto policy?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Should I rate my Lexus HS 250h as pleasure use or commute?
  • Is there a penalty for late payment?
  • When would I need rental car insurance?
  • Is my Lexus HS 250h covered for flood damage?

If you can't answer these questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

More effort can pay off

As you restructure your insurance plan, do not skimp on critical coverages to save a buck or two. There are too many instances where drivers have reduced physical damage coverage only to regret that the few dollars in savings costed them thousands. The aim is to buy enough coverage at the best cost while still protecting your assets.

Throughout this article, we presented many tips how you can compare Lexus HS 250h insurance auto insurance rates in Jersey City. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best auto insurance rates are with a small mutual company. Smaller companies often have lower premium rates on specific markets as compared to the big name companies such as State Farm and Allstate.

Steps to finding cheaper rates for Lexus HS 250h insurance in Jersey City

If you want to find the absolute lowest rates, then the best way to find low-cost prices for auto insurance rates in Jersey City is to compare prices once a year from different companies who sell insurance in New Jersey.

  • Step 1: Take a few minutes and learn about the different coverages in a policy and the factors you can control to keep rates low. Many risk factors that result in higher rates like at-fault accidents, speeding tickets, and a low credit score can be controlled by making small lifestyle or driving habit changes.
  • Step 2: Compare price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like GEICO or Farmers Insurance, while independent agencies can quote rates from multiple sources. View a list of agents
  • Step 3: Compare the new rate quotes to the price on your current policy to determine if switching companies saves money. If you can save money, make sure coverage does not lapse between policies.
  • Step 4: Notify your current company of your intention to cancel your current car insurance policy and submit a down payment along with a signed application to the new company. As soon as you receive it, safely store the certificate verifying coverage in a readily accessible location in your vehicle.

An essential thing to point out is that you use identical deductibles and limits on every quote request and and to get prices from as many different insurance providers as possible. Doing this helps ensure an apples-to-apples comparison and a good representation of prices.

Much more information about car insurance in New Jersey is located at these links: