Cheap 1995 Lexus GS 300 Car Insurance Quotes

Searching for the cheapest insurance rates for your Lexus GS 300? Locating the cheapest insurance for your Lexus GS 300 could be an all-consuming task, but you can learn our insurance buying tips to make it easier.

There are both good and bad ways to shop for insurance so you’re going to learn the best way to price shop coverage for your Lexus and find the best price possible either online or from local insurance agents.

Consumers need to compare rates on a regular basis because insurance rates are usually higher with each renewal. Just because you found the lowest premium rates on GS 300 coverage a year ago the chances are good that you can find a lower price today. Forget anything you know (or think you know) about insurance because you’re about to find out the best way to properly buy coverages while reducing your premium.

Are you getting every discount?

Companies that sell car insurance do not list every possible discount in a way that’s easy to find, so the below list has a few of the more well known and also the lesser-known credits available to you.

  • Drive Safe and Save – Drivers without accidents may save up to 50% more on GS 300 coverage than drivers with accident claims.
  • Driving Data Discount – People who choose to allow their company to scrutinize driving habits through the use of a telematics system such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they have good driving habits.
  • Discounts for Federal Employees – Employees or retirees of the government could cut as much as 10% off on GS 300 coverage depending on your auto insurance provider.
  • Multiple Policy Discount – If you combine your auto and homeowners policies and place coverage with the same company you could get a discount of nearly 15% which can help you find cheaper insurance.
  • Full Payment Discount – If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
  • Good Student – Performing well in school can be rewarded with saving of up to 25%. Most companies allow this discount up until you turn 25.

You can save money using discounts, but many deductions do not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like it’s possible to get free car insurance, companies don’t profit that way. Any amount of discount will help reduce the cost of your policy.

To view auto insurance companies that have a full spectrum of discounts, click here.

Learn how to buy insurance coverage at a discount

Consumers need to have an understanding of a few of the rating criteria that aid in calculating your premiums. If you have some idea of what influences your rates, this helps enable you to make changes that may result in cheaper rates. Many different elements are used when you quote your car insurance policy. A few of the factors are predictable such as your driving record, although others are not quite as obvious such as whether you are married and annual miles driven.

  • Extra policy coverages you don’t use – Insurance companies have many extra coverages that can waste your money on your insurance coverage policy. Coverages like coverage for rental cars, towing coverage, and Farm Bureau memberships are examples of these. They may sound like good ideas when talking to your agent, but your money might be better spent on other coverage so consider taking them off your policy.
  • Raise comp and collision deductibles and save – Physical damage insurance, otherwise known as comp (or other than collision) and collision, insures against damage to your Lexus. A few examples of covered claims are a broken windshield, vandalism, and having your car stolen. The deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The higher the amount you are required to pay out-of-pocket, the lower your rates will be on GS 300 coverage.
  • Drivers with responsible credit save on insurance coverage – Having a good credit history factor in determining what you pay for insurance coverage. Therefore, if your credit score leaves room for improvement, you may save money insuring your 1995 Lexus GS 300 by taking the time to improve your credit score. Insureds with excellent credit scores tend to file fewer claims than those with bad credit.
  • Never allow your policy to lapse – Driving without insurance is a big no-no and companies may charge more for letting your coverage cancel without a new policy in place. Not only will rates go up, getting caught without coverage can result in a steep fine or even jail time. You may then be required to submit proof of financial responsibility or a SR-22 with your state DMV.

When in doubt talk to an agent

When buying adequate coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s situation is a little different.

For example, these questions may help you determine whether you might need an agent’s assistance.

  • Does my policy cover me when driving someone else’s vehicle?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • How high should deductibles be on a 1995 Lexus GS 300?
  • Is my teenager covered with friends in the car?
  • Do I need PIP coverage since I have good health insurance?
  • Is a fancy paint job covered?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and you can get the answers you need.

Coverages available on your auto insurance policy

Having a good grasp of your auto insurance policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Comprehensive auto insurance

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hail damage, damage from flooding and rock chips in glass. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability coverage

This will cover damages or injuries you inflict on a person or their property by causing an accident. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things such as attorney fees, pain and suffering, court costs and repair bills for other people’s vehicles. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for surgery, nursing services, EMT expenses, hospital visits and doctor visits. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Collision insurance

This will pay to fix damage to your GS 300 resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like colliding with a tree, sideswiping another vehicle, hitting a parking meter, scraping a guard rail and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also raise the deductible to save money on collision insurance.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Lexus GS 300.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Frequently these coverages are similar to your liability insurance amounts.

More quotes. Lower rates.

Cheaper 1995 Lexus GS 300 insurance is definitely available both online in addition to local insurance agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance providers don’t offer rate quotes online and most of the time these small insurance companies prefer to sell through local independent agencies.

People change insurance companies for a number of reasons such as being labeled a high risk driver, extreme rates for teen drivers, delays in paying claims or unfair underwriting practices. Regardless of your reason, finding a new company is pretty simple and you could end up saving a buck or two.

We covered some good ideas how to save on 1995 Lexus GS 300 insurance. The most important thing to understand is the more providers you compare, the better your chances of lowering your prices. You may even discover the best premium rates are with some of the smallest insurance companies.

Additional detailed information can be found at these sites:

Comments About 1995 Lexus GS 300 Insurance

  1. Bryan Goff

    I live on the west side of Columbus, GA. Got car insurance quotes with Progressive, AIG Insurance, and Esurance for my Lexus and I think I am saving around $30 each month. They were helpful in switching over.

  2. Heidi Norman

    Quoted with State Farm for my 1995 Lexus GS 300 and saved about $70 a year. Even increased my liability limits. Hardly afford to drive anymore. Not worth enough to pay for comprehensive and collision.

  3. Marlys Clay

    Thought I’d throw in my experience. Located in Columbus, OH. Quoted with Progressive, The General, and Farmers for my 1995 Lexus GS 300 and am saving around $110 a year. Insured with MetLife before. I even had a DUI years ago.

  4. Nancie Ballard

    Does State Farm do SR22s in Rhode Island?

  5. Elton Hodge

    Here’s my quote info. Checking in from Montgomery, AL. Quoted rates from Progressive, The General, and Esurance for my GS 300 and saved $81 a year. Insured with Encompass before. Anyone else drop full coverage?

  6. Moises Sears

    Affordable car insurance is a myth. I’m just north of Aberdeen, SD. I got free rates from GEICO, Eastwood, and The General for my GS 300 and saved $115 a year.

  7. Omega Reeves

    Got a quote with USAA for my 1995 Lexus GS 300 and cut my rates about $110 a year. Was with Nationwide. Did it all online.

  8. Louanne Fischer

    I’m in the south part of Billings, MT. Compared quite a few companies. Saved about $20 a month. 21st Century was the most affordable for me. I only have liability coverage on it.

  9. Georgianne Holt

    Here’s my quote info. I live just to the east of Cincinnati, OH. Quoted prices online for a 1995 Lexus GS 300. Ended up at about $60 savings annually. Went with State Farm.

  10. James Good

    It all costs too much. From south side of Wichita, Kansas. Got free quotes online for a 1995 Lexus GS 300. Ended up at about $70 savings annually. Went with Allstate. Insured with 21st Century before. My GS 300 doesn’t have full coverage.

  11. Leonel Banks

    If you have a clean record and live in the vicinity of Cincinnati, Ohio, check out Allstate. I saved quite a bit. Was with Nationwide. I don’t have comp or collision coverage.

  12. Walton Chase

    Compared rates with State Farm and AIG Insurance but still pricey.

  13. Shavonne Merritt

    I’m just south of Las Cruces, New Mexico. Not sure of all the companies but I ended up saving about $30 each month. Left MetLife to switch.

  14. Georgeanna Cobb

    Cheap is not always the best policy. I live on the north side of Green Bay, Wisconsin. Quoted prices from State Farm, American Family, and some I forget for my Lexus and I think I am saving around $20 each month. Insured with GMAC before. Did it all online. I’m thinking about dropping full coverage though.

  15. Kelly Valencia

    Thought I’d throw in my experience. From northwest of Dover, DE. Got car insurance rates from Progressive, Hanover, and Farmers for my Lexus and saved just over $90 a year. Insured with Progressive before. Not sure if rates are cheaper online or through an agent. I don’t have comp or collision coverage.

  16. Shaun Burch

    Well-written and thought out article. I live just to the south of Frederick, MD. I compared lots of rates. Saved right around $30 a month. State Farm was the best choice for me. Even increased coverage a bit. I quoted rates online then called them. It’s only liability tho.