1997 Lexus SC 300 Insurance Cost

Want lower car insurance rates for your Lexus SC 300? Pretty sure you bought high-priced car insurance? It’s a common feeling and there are many drivers thinking the same thing.

Lots of auto insurance companies contend for your business, and it can be difficult to compare rates to get the best rates possible.

How to buy auto insurance online

There are a lot of ways you can shop for auto insurance and some are less labor-intensive and much quicker. You could spend the better part of a day talking to local insurance agents in your area, or you can utilize the web to get prices fast.

Most car insurance companies are enrolled in a marketplace that enables customers to complete one form, and at least one company can give them a price. This system prevents you from having to do form submissions for each company.

To compare rates using this form now click here to open in new window.

The single downside to comparing rates this way is you cannot specify the providers you want pricing from. If you wish to select specific insurance companies to compare rates, we have a page of low cost auto insurance companies in your area. View list of insurance companies.

The method you choose is up to you, but compare exactly the same coverage data for each comparison quote. If you have different values for each quote you will not be able to decipher which rate is best. Having just a slight variation in coverages may cause a big price difference. Just remember that comparing a wide range of rates helps you find better pricing.

But they said I’d save $418 a year!

Auto insurance companies such as Progressive, Geico, Allstate and State Farm regularly use television, radio, and online ads. All the ads seem to make the promise that drivers can save some big amount if you switch your auto insurance coverage to their company. How is it plausible that every one can offer you a better deal? Just pay attention to how they say it.

Insurance companies have specific guidelines for the type of driver they prefer to insure. One example of a profitable customer could be a married male, has no driving citations, and has a short commute. Any person who fits that profile will probably get the lowest premium rates and therefore will pay quite a bit less when switching companies.

People who fall short of these standards will be charged higher premium rates and ends up with the customer not buying. Company advertisements say “people that switch” not “everybody who quotes” save that much money. That’s the way companies can make the claims of big savings. Because every company is different, it is so important to compare quotes as often as possible. It’s impossible to know with any certainty which company will be your best fit.

Car insurance discounts help slash rates

Car insurance is not cheap, but companies offer discounts that can dramatically reduce your bill. Many of these discounts will be applied automatically at the time of quoting, but once in a while a discount must be inquired about before you get the savings.

• Low Miles Discount – Low annual miles could earn lower prices on the low mileage vehicles.
• Military Discounts – Having an actively deployed family member could trigger a small discount.
• No Charge for an Accident – but some insurance companies allow you one accident before they charge you more for coverage if you have no claims for a particular time prior to the accident.
• Employee of Federal Government – Having worked for a branch of the government can earn a discount up to 10% on SC 300 insurance but check with your company.
• No Claims – Drivers with accident-free driving histories get the best car insurance rates compared to bad drivers.
• Safety Restraint Discount – Forcing all vehicle occupants to buckle up before driving can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
• Payment Discounts – If you can afford to pay the entire bill instead of monthly or quarterly installments you can avoid monthly service charges.
• Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to sucessfully take a drivers education course if it’s offered in school.

As a footnote on discounts, most discounts do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like medical payments or collision. Just because it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

Larger car insurance companies and their offered discounts are outlined below.

• The Hartford has discounts for air bag, good student, vehicle fuel type, bundle, driver training, and defensive driver.
• American Family discounts include good driver, bundled insurance, accident-free, Steer into Savings, multi-vehicle, air bags, and early bird.
• Progressive has savings for online quote discount, good student, multi-policy, online signing, continuous coverage, homeowner, and multi-vehicle.
• Travelers offers premium reductions for hybrid/electric vehicle, continuous insurance, home ownership, IntelliDrive, early quote, driver training, and good student.
• Farmers Insurance policyholders can earn discounts including homeowner, mature driver, switch companies, electronic funds transfer, teen driver, business and professional, and good student.
• USAA offers discounts for driver training, new vehicle, loyalty savings, defensive driver, annual mileage, and military installation.
• Liberty Mutual may include discounts for new move discount, safety features, teen driver discount, hybrid vehicle, and multi-car.

When getting a coverage quote, ask every insurance company what discounts are available to you. A few discounts may not be offered in your state.

Which is the best car insurance?

When it comes to choosing adequate coverage, there is no cookie cutter policy. Every situation is different so your insurance should reflect that For instance, these questions may help highlight if you might need an agent’s assistance.

• What is covered by UM/UIM coverage?
• Is borrowed equipment or tools covered if stolen or damaged?
• Is motorclub coverage worth it?
• How do I buy GAP insurance?
• I have good health insurance, so how much medical payments coverage do I need?
• Is my Lexus SC 300 covered if I use it for business?
• Am I covered if I break a side mirror?
• Are my friends covered when driving my car?
• Do I pay less for low miles?
• Should I get collision insurance on every vehicle?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Specifics of your insurance policy

Understanding the coverages of a insurance policy aids in choosing which coverages you need for your vehicles. Insurance terms can be confusing and reading a policy is terribly boring. These are the normal coverages available from insurance companies.

Coverage for liability

This provides protection from damage that occurs to other people or property in an accident. This insurance protects YOU against claims from other people. Liability doesn’t 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. Your policy might show policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability can pay for things such as bail bonds, repair costs for stationary objects, funeral expenses and emergency aid. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Comprehensive protection

This coverage covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, rock chips in glass, damage from getting keyed, fire damage and damage from flooding. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage

This coverage will pay to fix damage to your SC 300 resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for things like sustaining damage from a pot hole, crashing into a building, colliding with another moving vehicle and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Medical expense coverage

Med pay and PIP coverage pay for expenses like ambulance fees, prosthetic devices, rehabilitation expenses and X-ray expenses. They can be used in conjunction with a health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

A penny saved is a penny earned

There are still a few companies who do not provide online price quotes and most of the time these small insurance companies sell through independent agents. Lower-priced 1997 Lexus SC 300 insurance is possible both online and also from your neighborhood agents, so compare prices from both to get a complete price analysis.

Throughout this article, we presented a lot of ways to save on 1997 Lexus SC 300 insurance. The most important thing to understand is the more companies you get car insurance rates for, the higher the chance of saving money. You may be surprised to find that the best rates are with a small local company. Some small companies can often insure niche markets at a lower cost compared to the large companies like Geico and State Farm.

More information can be found below:

• Insuring a Leased Car (Insurance Information Insitute)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Distracted Driving Extends Beyond Texting (State Farm)
• Auto Insurance 101 (About.com)
• Safety Tips for Teen Drivers (Insurance Information Insitute)