1993 Lexus LS 400 Insurance Cost – 5 Tips to Save

Searching for cheaper car insurance rates for your Lexus LS 400? Nobody I know likes having to buy car insurance, especially when they know the cost is too high. Many insurers vie for your business, and because of this it can be hard to compare car insurance companies to find the absolute lowest rate possible.

If you have insurance now or need new coverage, you can use this information to reduce the price you pay while maintaining coverages. Choosing the best insurance company for you is easy if you know what you’re doing. Vehicle owners only need to know the best way to compare price quotes on the web.

Compare auto insurance rate quotes

There are multiple methods to shop for auto insurance, but there is one way that is less time-consuming than others. You could spend your day talking about coverages with insurance agencies in your area, or you could save time and use online quotes to get the quickest rates.

Most of the larger companies belong to a marketplace that allows shoppers to only type in their quote data once, and each participating company provides a quote based on the submitted data. This system prevents you from having to do quote forms for every auto insurance company.

To use this form to compare rates click to open in new window.

The one downside to using this type of form is you cannot specify which providers you want pricing from. So if you prefer to choose specific providers to request quotes from, we have a listing of low cost auto insurance companies in your area. Click to view list.

It’s up to you how you get prices quotes, just do your best to use exactly the same coverage data for every quote you compare. If your comparisons have different limits and deductibles on each one you will not be able to find the best deal for your Lexus LS 400.

Verify you’re earning every discount

The price of auto insurance can be rather high, but you might already qualify for some discounts that can drop the cost substantially. Some discounts apply automatically at the time of purchase, but some discounts are required to be specifically requested before being credited.

  • Driver Education Discount – Teen drivers should complete a driver education course in school or through a local driver safety program.
  • Anti-theft Discount – Anti-theft and alarm system equipped vehicles are less likely to be stolen and that can save you a little bit as well.
  • Homeowners Savings – Owning a home may trigger a policy discount on car insurance because it is proof of financial responsibility.
  • Early Signing – Some larger companies provide a discount for switching policies before your current coverage expires. It could save around 10% when you buy insurance coverage online.
  • E-sign – A handful of companies will discount your bill up to fifty bucks for buying your policy digitally online.

Discounts lower rates, but most discounts do not apply to the entire cost. Most cut specific coverage prices like comp or med pay. So even though they make it sound like all the discounts add up to a free policy, it doesn’t quite work that way.

Some of the insurance companies that may have these discounts include:

When getting free insurance coverage quotes, it’s a good idea to every company which discounts you may be entitled to. Some discounts listed above may not be available everywhere. To view insurers who offer car insurance discounts, click here.

When should I discuss my situation with an agent?

When buying coverage for your personal vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For example, these questions might help in determining whether your personal situation will benefit from professional help.

  • Do I need motorclub coverage?
  • Does liability extend to a camper or trailer?
  • What if I total my 1993 Lexus LS 400 and owe more than it’s worth?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is there coverage for injuries to my pets?
  • Is a blown tire covered by insurance?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance 101

Having a good grasp of insurance helps when choosing appropriate coverage for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are the normal coverages available from insurance companies.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Lexus LS 400.

Because many people have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Liability auto insurance

Liability insurance protects you from damage or injury you incur to a person or their property. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims like loss of income, emergency aid, legal defense fees and bail bonds. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive protection

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like fire damage, a broken windshield, falling objects, damage from getting keyed and hitting a deer. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for bills like hospital visits, rehabilitation expenses and ambulance fees. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants and also covers getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Coverage for collisions

This coverage will pay to fix damage to your LS 400 from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as damaging your car on a curb, sustaining damage from a pot hole, crashing into a ditch and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to bring the cost down.

Final considerations

We just showed you a lot of tips how to compare 1993 Lexus LS 400 insurance premium rates online. The most important thing to understand is the more times you quote, the better likelihood of getting affordable insurance coverage. Consumers may even find the lowest priced insurance comes from some of the lesser-known companies. Regional companies may only write in your state and offer lower prices as compared to the big name companies such as State Farm and Allstate.

While you’re price shopping online, it’s very important that you do not skimp on coverage in order to save money. In many cases, an insured dropped liability limits or collision coverage only to regret that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to find the BEST coverage at the best price while still protecting your assets.

Additional detailed information is available in these articles:

Comments About 1993 Lexus LS 400 Insurance

  1. Charlsie Kirby

    Allstate is pretty cheap in Nevada! :)

  2. Monte Dillon

    Got pretty cheap 1993 Lexus LS 400 insurance from State Farm in Fargo, ND.

  3. Clementine Clarke

    Will State Farm cancel me for an at-fault accident?

  4. Shonta Santos

    Thought I’d throw in my experience. I’m just north of Knoxville, Tennessee. I don’t recall every quote but I ended up saving about $20 each month. When should I drop full coverage?

  5. Fredia Horn

    Here’s what I found out. Live in the western part of Colorado Springs, Colorado. Got quotes with Amica, Nationwide, and Western Auto Insurance for my Lexus and I’m now saving $25 a month. A clean driving record helps. It’s easy to compare rates online now.

  6. Belia Alvarez

    I’m just west of Lincoln, NE. Quoted quotes from Progressive, Auto-Owners, and Farmers for my Lexus and saved $111 a year. Was with Eastwood. I increased coverages a little too.

  7. Isadora Daniels

    I live in New Haven, CT. Received quotes with GEICO, Hartford, and Farmers for my LS 400 and I’m now saving $22 a month. Got better coverage too. I got a quote from their website. It’s only liability tho.

  8. Carey Crane

    In Hilo, HI, Allstate auto insurance rates for my 1993 Lexus LS 400 were good. Left Nationwide to switch. I don’t have comp or collision coverage.

  9. Natalie Whitley

    Are custom wheels covered by insurance?

  10. Dexter Sargent

    Enjoyed the article. Got a quote with Hartford for my Lexus and cut my rates about $100 a year. Left AIG Insurance to switch.

  11. Kenneth Cobb

    IT’S ALL TOO EXPENSIVE! I’m from Burlington, VT. Quoted a bunch of companies. Saved about $30 a month. 21st Century was the most affordable for me. LOL

  12. Dann Massey

    From a town just southwest of Newark, NJ. Received quotes with MetLife, Erie, State Farm, and AIG Insurance for my 1993 Lexus LS 400 and saved just over $70 a year. Just waiting to see how claims go.

  13. Kathyrn Forbes

    All companies are crooks. Proud to be from Minneapolis, MN. Quoted prices online for a 1993 Lexus LS 400. Ended up at about $100 savings annually. Went with GEICO. Ask about discounts. It’s still not cheap enough. I’m thinking about dropping full coverage though.

  14. Donnell Hammond

    Lots of good stuff here. Live in the eastern part of Tampa, FL. I don’t recall every quote but I ended up saving about $20 each month. Teenage drivers are expensive!

  15. Delilah Merritt

    I’m in Gaithersburg, Maryland and need high risk coverage. Help!

  16. Rozella Merritt

    I got decent rates for a 1993 Lexus LS 400 in Fort Wayne, IN. Ended up at roughly $70 every six months with Amica. BTW speeding tickets are not good. :)

  17. Misti Dickerson

    Enjoyed the article. Got a quote with Hartford for my 1993 Lexus LS 400 and cut my rates about $70 a year. Was with Liberty Mutual. Book value doesn’t justify full coverage anymore.