How Much Does 1998 Lexus ES 300 Car Insurance Cost?

Have you had enough of scraping the payment together each month for insurance coverage? You have the same problem as most other vehicle owners.

Lots of car insurance companies contend for your insurance dollar, so it’s not easy to compare every company to find the cheapest price

If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these tips. Choosing the best insurance company for you is not rocket science. Although drivers should learn how insurance companies compete online and apply this information to your search.

Buy insurance coverage online

To find the best insurance coverage rates, there are several ways to compare rate quotes from different insurance companies. The fastest way to lower the rate you pay for 1998 Lexus ES 300 insurance is to perform an online rate comparison. This is very easy and can be done using a couple different methods.

1. The most efficient method to get quotes is a comparison rater form (click to open form in new window). This style of form saves time by eliminating separate forms for every company. One quote request gets rate comparisons from multiple companies.
2. Another way to get quotes online is to take the time to go to the website for every company you want to comare to request a price quote. For instance, let’s assume you want rates from Farmers, Allstate and Geico. In order to get each rate, you would have to spend time on each company’s site and punch in your information repeatedly, which can take a lot of time.

   For a handy list of car insurance company links in your area, click here.

3. If you have time to kill, the last way of getting rate comparisons is going to local insurance agencies. Quoting online makes this unnecessary unless you have a need for the personal advice of a licensed agent. If you prefer, some companies allow you to comparison shop online but buy the policy through an agent.

However you get your quotes, be sure to compare the same coverage information for each price quote. If each company quotes different data then you won’t be able to find the best deal for your Lexus ES 300. Having just a slight variation in insurance coverages can result in a big premium difference. And when price shopping your coverage, obtaining a wide range of quotes helps you find more affordable insurance.

Get affordable auto insurance quotes with discounts

Auto insurance is not cheap nor is it fun to buy but you may qualify for discounts to cut the cost considerably. Some of these disounts will be visible when you get a quote, but some must be specially asked for before being credited.

• Low Mileage Discounts – Maintaining low annual mileage can qualify you for substantially lower premium rates.
• Auto/Home Discount – If you can bundle your home and auto insurance and place coverage with the same company you could earn a discount of approximately 10% to 15%.
• Discounts for Responsible Drivers – Insureds without accidents can save up to 40% or more on their car insurance quote on ES 300 insurance than drivers with accident claims.
• Theft Prevention System – Cars that have factory anti-theft systems help deter theft and will qualify for a discount on a car insurance quote.
• Early Signing – Select insurance companies give a discount for buying a new policy early. You could save around 10% when you buy car insurance online.

A little note about advertised discounts, many deductions do not apply to all coverage premiums. The majority will only reduce individual premiums such as liability and collision coverage. If you do the math and it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

A few popular companies and some of their more popular discounts are included below.

• State Farm may include discounts for multiple policy, good driver, driver’s education, good student, anti-theft, and safe vehicle.
• Geico policyholders can earn discounts including driver training, membership and employees, anti-lock brakes, multi-vehicle, and five-year accident-free.
• Allstate offers discounts for passive restraint, multi-policy, premier discount, good payer, anti-theft, senior citizen, and resident student.
• SAFECO has discounts for accident prevention training, anti-lock brakes, multi-car, safe driver, and teen safe driver.
• Farm Bureau discounts include renewal discount, driver training, multi-vehicle, 55 and retired, and good student.
• Progressive offers discounts including homeowner, online quote discount, multi-vehicle, continuous coverage, online signing, and good student.
• AAA may offer discounts for education and occupation, pay-in-full, good student, multi-car, good driver, multi-policy, and anti-theft.

Check with each company or agent what discounts are available to you. Discounts may not apply to policyholders in your area. To see insurers with significant discounts, click this link.

Tailor your auto insurance coverage to you

When buying proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every insured’s situation is different so this has to be addressed. For example, these questions may help highlight if you would benefit from an agent’s advice.

• How much underlying liability do I need for an umbrella policy?
• Is my dog or cat covered if injured in an accident?
• Should I drop comprehensive coverage on older vehicles?
• What if I total my 1998 Lexus ES 300 and owe more than it’s worth?
• What vehicles should carry emergency assistance coverage?
• What is no-fault insurance?
• What is the difference between comprehensive and collision coverage?
• How can I force my company to pay a claim?
• Is a fancy paint job covered?
• How can I get high-risk coverage after a DUI?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Coverage specifics

Learning about specific coverages of a auto insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. These are typical coverages available from auto insurance companies.

Collision coverage

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like crashing into a ditch, rolling your car and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like doctor visits, surgery and pain medications. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible

Comprehensive protection

Comprehensive insurance 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 protects against claims like vandalism, damage from flooding, fire damage, hitting a bird and theft. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability coverages

This will cover damage that occurs to other’s property or people that is your fault. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims such as medical services, pain and suffering, court costs and legal defense fees. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as damage to your Lexus ES 300.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.