How Much Does 1993 Lexus SC 400 Insurance Cost?

Trying to find lower insurance rates for your Lexus SC 400? Searching for low-cost insurance for a Lexus SC 400 can be difficult, but you can learn the following methods and make it easy. There are both good and bad ways to shop for insurance so we’re going to tell you the best way to compare rates on a Lexus and obtain the lowest possible price either online or from local insurance agents.

The best way to compare insurance rates from multiple companies is to know the trick car insurance companies actually pay money for the chance to provide you with a free rate quote. All you need to do is provide the companies a bit of rating information like if you lease or own, the make and model of your vehicles, your education level, and how old drivers are. The rating information is sent automatically to multiple top-rated companies and you will receive price estimates instantly.

To compare rates for your car now, click here then complete the form.

Save a ton with these discounts

Companies offering auto insurance do not advertise every available discount very clearly, so the below list has a few of the more well known as well as some of the hidden credits available to you.

• Anti-lock Brakes – Cars and trucks equipped with ABS or steering control prevent accidents and will save you 10% or more.
• Seat Belts Save – Drivers who require all vehicle occupants to use their safety belts can save up to 15% off PIP or medical payments premium.
• Theft Deterent System – Vehicles with anti-theft systems are stolen less frequently and that can save you a little bit as well.
• Policy Bundle Discount – If you can combine your auto and home policy with the same company you could save at least 10 to 15 percent or more.
• Club Memberships – Being a member of a qualifying organization could earn you a nice discount on your next car insurance statement.
• Good Student Discount – Maintaining excellent grades can earn a discount of 20% or more. Most companies allow this discount up until you turn 25.
• Distant Student Discount – Youth drivers who are enrolled in higher education away from home and do not have access to a covered vehicle can be insured at a reduced rate.
• Cautious Drivers – Insureds without accidents can get discounts for up to 45% lower rates on SC 400 coverage than drivers with accident claims.

One thing to note about discounts is that most credits do not apply to the entire cost. The majority will only reduce specific coverage prices like comp or med pay. Just because it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

Some of the larger companies that may offer most of the discounts above include:

• Progressive
• The Hartford
• Mercury Insurance
• Geico
• AAA
• State Farm

If you need the cheapest insurance quotes, ask each company what discounts are available to you. Some discounts listed above might not be available to policyholders everywhere. If you would like to choose from a list of companies that have a full spectrum of discounts, click here to view.

Find more affordable insurance with these tips

Lots of factors are part of the equation when you get your auto insurance bill. Some of the criteria are obvious such as your driving record, although some other factors are more transparent such as your credit history or your commute time.

Shown below are most of the major factors used by insurance companies to determine your rate level.

• Pay more of a claim out-of-pocket – The deductibles you choose state the amount of money the insured will be required to pay before a claim is paid by your company. Physical damage insurance, also called ‘full coverage’, protects your car from damage. Some examples of covered claims could be colliding with a stationary object, collision with a deer, and damage from wind. The more damage repair cost you pay before a claim is paid (deductible), the less your company will charge you for insurance on SC 400 coverage.
• Maintain insurance coverage – Having a gap between insurance policy dates will be a guaranteed way to bump up your insurance costs. And not only will insurance be more expensive, being ticketed for driving with no insurance might get you a fine, jail time, or a revoked license.
• How do annual miles impact premiums? – Driving a lot of miles in a year the more you will pay for insurance. A lot of insurance companies charge to insure your cars based upon how the vehicle is primarily used. Autos left parked in the garage receive better premium rates than vehicles that have high annual mileage. Incorrect rating for your SC 400 can cost quite a bit. Verify your policy is showing the proper vehicle usage.
• Prices impacted by your city – Having an address in small towns and rural areas is a positive aspect when trying to find low car insurance rates. City drivers regularly have more aggressive driving styles and longer commute times. Fewer people means reduced accidents and also fewer theft and vandalism claims.

Car insurance can be complex

When it comes to choosing the best car insurance coverage, there really is no “perfect” insurance plan. Every situation is different.

For instance, these questions may help you determine whether your personal situation will benefit from professional help.

• Am I covered when driving a rental car?
• How much liability do I need to cover my assets?
• Are rock chip repairs covered?
• Do I need roadside assistance coverage?
• Is my teen driver covered when they drive my company car?
• Does insurance cover damages from a DUI accident?
• Why am I required to buy high-risk coverage?
• Why am I required to get a high-risk car insurance policy?
• Exactly who is provided coverage by my policy?
• Are my friends covered when driving my 1993 Lexus SC 400?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and may give you better protection.

The coverage is in the details

Understanding the coverages of your policy can be of help when determining the right coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for immediate expenses for things like prosthetic devices, doctor visits and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Comprehensive insurance

This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as theft, damage from getting keyed, a tree branch falling on your vehicle, hitting a deer and fire damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for liability

Liability insurance can cover injuries or damage you cause to people or other property. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage protects against things such as loss of income, repair bills for other people’s vehicles, structural damage, medical expenses and medical services. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Auto collision coverage

Collision insurance will pay to fix damage to your SC 400 caused by collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like rolling your car, crashing into a building, colliding with another moving vehicle, crashing into a ditch and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Lexus SC 400.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Be a penny pincher

As you restructure your insurance plan, don’t be tempted to reduce needed coverages to save money. Too many times, someone dropped liability limits or collision coverage only to discover later that they should have had better coverage. The aim is to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.

Insureds change insurance companies for many reasons like delays in paying claims, policy cancellation, delays in responding to claim requests and even an unsatisfactory settlement offer. Regardless of your reason, finding the right insurance provider is pretty simple and you could end up saving a buck or two.

Affordable 1993 Lexus SC 400 insurance can be sourced on the web and with local insurance agents, and you should be comparing both to get a complete price analysis. Some insurance companies may not offer the ability to get a quote online and these small insurance companies sell through independent agents.

To read more, link through to the articles below:

• Vehicle Size and Weight FAQ (iihs.org)
• Auto Insurance 101 (About.com)
• How to Avoid Staged Accidents (State Farm)
• Credit Impacts Car Insurance Rates (State Farm)