IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

Yikes! IS insurance rates?

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Old 02-01-06, 07:34 PM
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Langdell
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Default Yikes! IS insurance rates?

I just came across the following info. from Kelley Blue Book that, as of 2004, the IS 300 was the most expensive passenger car under $50K to insure: http://www.kbb.com/kb/ki.dll/ke.kb.s...ranceC;article

More than likely, insurance companies have not yet set rates specific to the new IS, but I would guess that they base rates on what they were charging for the IS 300. Has anyone experienced a major spike in premium going from something else to a new IS?

It won't put me off buying my IS350. I just want to brace myself for when I make that call to my agent!
Old 02-01-06, 07:51 PM
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Bichon
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Originally Posted by Langdell
Has anyone experienced a major spike in premium going from something else to a new IS?
No, but my previous car was the #2 most expensive to insure on your list.
(And I live in the state with the highest insurance rates in the country. Fortunately, I have the best (and probably the cheapest) insurance company available in NJ)
Old 02-01-06, 07:54 PM
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kensteele
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Originally Posted by Langdell
I just came across the following info. from Kelley Blue Book that, as of 2004, the IS 300 was the most expensive passenger car under $50K to insure: http://www.kbb.com/kb/ki.dll/ke.kb.s...ranceC;article

More than likely, insurance companies have not yet set rates specific to the new IS, but I would guess that they base rates on what they were charging for the IS 300. Has anyone experienced a major spike in premium going from something else to a new IS?

It won't put me off buying my IS350. I just want to brace myself for when I make that call to my agent!
Not at all. There's a whole lot more to insurance rates than the track record of another similar vehicle.
Old 02-01-06, 08:22 PM
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4TehNguyen
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Originally Posted by kensteele
Not at all. There's a whole lot more to insurance rates than the track record of another similar vehicle.
until its a couple years old, insurance companies cant really do much but use the old cars rates
Old 02-01-06, 08:33 PM
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kensteele
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Originally Posted by 4TehNguyen
until its a couple years old, insurance companies cant really do much but use the old cars rates
not mine. are you sure your insurance company thinks you drive the is300?
Old 02-02-06, 03:40 AM
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Payam
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I went with Geico. When I first called them up to set up my insurance, I told them it was a IS350 but when I got my paperwork, it said IS300 all over it. So I called them up and they said that was what the VIN pulled up, then I explained to the chick on the phone that they don't even make that car anymore. So I got put on hold and when she came back, she said she fixed it and my rates dropped 300 every 6 months.
Old 02-02-06, 04:56 AM
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cmusic
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Insurance on my 2006 IS250 went up $120 every six months. My previous car was 5 years old and blue booked for about $10,000. Not bad at all IMHO.
Old 02-02-06, 07:39 AM
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Originally Posted by Payam
I went with Geico. When I first called them up to set up my insurance, I told them it was a IS350 but when I got my paperwork, it said IS300 all over it. So I called them up and they said that was what the VIN pulled up, then I explained to the chick on the phone that they don't even make that car anymore. So I got put on hold and when she came back, she said she fixed it and my rates dropped 300 every 6 months.
Just talked to Allstate- had them re-enter the VIN and saved $172
Old 02-02-06, 07:45 AM
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mmaniaci
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mine went up about 450 for the year...I have state farm. My previous vehicle was a 2000 Infinini QX4
Old 02-02-06, 07:57 AM
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MatadorIS
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Originally Posted by terp05
Just talked to Allstate- had them re-enter the VIN and saved $172
Mine went down about $400 a year when they requoted for a 250, instead of 300.
Old 02-02-06, 08:01 AM
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rominl
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https://www.clublexus.com/forums/sho...insurance+rate

personally i am very surprised at the rate. honestly the rate for is350 is way high. even higher than my sc430? that's a lot!
Old 02-02-06, 08:21 AM
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kensteele
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Originally Posted by Payam
I went with Geico. When I first called them up to set up my insurance, I told them it was a IS350 but when I got my paperwork, it said IS300 all over it. So I called them up and they said that was what the VIN pulled up, then I explained to the chick on the phone that they don't even make that car anymore. So I got put on hold and when she came back, she said she fixed it and my rates dropped 300 every 6 months.
when I first called geico my vin was unknown but my rates remained mostly unchanged. perhaps I should call back to update could even go down.
Old 02-06-06, 02:17 PM
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rljones
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State Farm is now insuring my is350 for about 1K per year. I don't remember my deductible, etc, but my record is clean, so this should be a fairly low figure.
Old 02-07-06, 12:00 AM
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2006is350
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Hey, i have 2 of the highest! 4 runner and the Lexus
Old 02-07-06, 04:32 AM
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chuckler
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Originally Posted by Bichon
No, but my previous car was the #2 most expensive to insure on your list.
(And I live in the state with the highest insurance rates in the country. Fortunately, I have the best (and probably the cheapest) insurance company available in NJ)
what company is that? I live in NJ area and i'm lookin to get 250MT...how much do you pay?


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