Infiniti FX50 Insurance Quotes in Columbus

Feel like you have an under-performing, overpriced insurance policy? You’re preaching to the choir because you’re not alone.

It’s hard to fathom, but almost 70% of insureds in Ohio kept their policy with the same company for at least the last four years, and 38% of drivers have never even shopped around for affordable coverage. With the average insurance premium being $1,847, U.S. drivers can cut their rates by almost $860 a year, but they won’t spend time to do a rate comparison. Companies like State Farm, GEICO and Farmers Insurance persitently shower you with ads and it can be hard to sift through the bull and effectively compare rates to find the best deal.

Consumers should take time to take a look at other company’s rates periodically since prices change quite often. Just because you found the best deal on Infiniti FX50 insurance in Columbus last year you can probably find a better rate now. You can find a lot of wrong information about FX50 insurance on the web, but you can learn some great ideas on how to quit paying high insurance rates in Columbus.

The car insurance companies shown below are our best choices to provide free rate quotes in Ohio. If the list has multiple companies, we suggest you visit as many as you can to find the lowest car insurance rates.

Coverage analysis

The data table displayed next covers estimates of insurance coverage prices for Infiniti FX50 models. Having knowledge of how insurance prices are formulated can help guide drivers when making decisions on which coverage to buy.

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Prices do not factor in garaging location in Columbus which can raise or lower prices substantially.

How high should deductibles be?

When buying auto insurance, a common question is at what level do you set your deductibles. The premium rates below can help show the differences in premium rates when you choose different physical damage coverage deductibles. The first set of prices uses a $250 deductible and the second price grid uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Estimates do not factor in your specific Columbus location which can decrease or increase rates greatly.

Based on the data above, we can derive that using a $250 deductible will cost in the ballpark of $13 more each month or $156 a year than requesting the higher $500 deductible. Since you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to have more than 19 months between claim filings, you would probably save some money if you opt for a higher deductible. The illustration below shows how you can make this decision for your own policy.

One big caveat is that increasing deductibles to lower your rates results in a higher out-of-pocket expense when you file a claim. You should have enough money in the bank in order to pay the higher deductible in order to repair your vehicle.

The diagram below demonstrates how choosing different deductibles and can increase or decrease Infiniti FX50 insurance premiums for each different age category. Data assumes a single male driver, full physical damage coverage, and no discounts are factored in.

Why You Might Pay Lower Rates in Columbus

It’s important that you understand a few of the rating criteria that help determine insurance rates. When you understand what positively or negatively impacts your premiums, this enables informed choices that could result in lower premium levels.

The items below are a few of the “ingredients” that factor into your premiums.

Gender and car insurance premiums – Statistics demonstrate that females tend to be a little less risky than males. However, this does not mean women are better drivers. Men and women cause accidents in similar numbers, but men have accidents that have higher claims. Men also statistically get more serious tickets such as driving while intoxicated (DWI) or driving recklessly. Teenage male drivers are most likely to cause an accident and therefore are the most expensive to insure.

The illustration below shows the comparison of Infiniti FX50 auto insurance costs for male and female drivers. The costs are based on no claims or violations, full coverage, $1,000 deductibles, drivers are not married, and no policy discounts are applied.

Your car’s features help determine premiums – Purchasing a vehicle with advanced anti-theft systems can help bring down rates. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart vehicle theft.

Single drivers may pay more – Having a wife or husband actually saves money when buying insurance. Having a significant other may mean you are more mature and responsible and statistics prove being married results in fewer claims.

Rental and towing coverage may not be needed – Insurance policies have a lot of extra add-on coverages that may not really be needed on your FX50 policy. Things like rental car coverage, death and dismemberment, and term life insurance may not be needed and are just wasting money. They may seem like a good idea at first, but if they’re wasting money eliminate them to save money.

Stress out and pay more – Careers such as lawyers, executives, and dentists have the highest rates because of intense work situations and long work days. On the flip side, occupations like farmers, students and retirees get better rates.

Liability protection limits on your policy – Your policy’s liability coverage will afford coverage if ever you are determined to be liable for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so do not cut corners here.

Auto insurance is not optional but you don’t have to overpay

Even though Columbus FX50 insurance rates can get expensive, paying for auto insurance may be mandatory for several reasons.

• Almost all states have minimum liability requirements which means you are required to buy a specific level of liability coverage in order to drive the car. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your FX50 has a lienholder, almost all lenders will make it mandatory that you have comprehensive coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the bank or lender will purchase a policy for your Infiniti for a much higher rate and require you to reimburse them a much higher amount than you were paying before.
• Insurance protects not only your vehicle but also your assets. Insurance will pay for medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.

The benefits of buying auto insurance definitely exceed the cost, especially for larger claims. On average, a vehicle owner in Columbus overpays as much as $830 a year so you should quote and compare rates at least once a year to be sure current rates are still competitive.