2000 Lexus LS 400 Car Insurance Rates – 6 Savings Tips

Consumers have a choice when looking for affordable Lexus LS 400 insurance. They can either waste time contacting agents to get rate comparisons or use the internet to make rate comparisons. There is a right way and a wrong way to shop for insurance so you’re going to learn the quickest way to get price quotes for a new or used Lexus and find the best price possible.

It is always a good idea to price shop coverage occasionally because insurance rates go up and down regularly. Despite the fact that you may have had the best rate on LS 400 insurance last year you may be paying too much now. Ignore everything you know about insurance because you’re about to learn the tricks you need to know to find better coverage at a better price.

If you have a current auto insurance policy or are just looking to switch companies, you can use these tips to reduce the price you pay while maximizing coverage. The purpose of this post is to familiarize you with how to effectively get price quotes and some tricks to saving. Consumers just need to learn how to find the lowest price online.

The cheapest car insurance

There are several ways to shop for car insurance, and some are less time-consuming than others. You could waste a few hours discussing policy coverages with insurance agencies in your area, or you can utilize the web to get rates in a matter of minutes.

Many popular insurance companies participate in an industry program where insurance shoppers send in one quote, and each participating company returns a competitive quote. This saves time by eliminating repetitive form submissions to every company.

To find out how much you can save on car insurance click here to start a free quote.

The one disadvantage to pricing coverage this way is that consumers can’t choose the providers to get quotes from. If you wish to select specific insurance companies to compare prices, we have a page of car insurance companies in your area. Click here to view list.

It’s your choice how you get your quotes, but compare nearly identical coverage data for every quote you compare. If you use different values for each quote you will not be able to truly determine the lowest rate.

Take advantage of every auto insurance discount

Insuring your fleet can be pricey, but you might already qualify for some discounts that could drop your premiums quite a bit. Certain discounts will be applied at the time of purchase, but some discounts are required to be specially asked for prior to receiving the credit.

  • Defensive Driver Discount – Successfully completing a defensive driver class could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Professional Memberships – Being a member of qualifying employment or professional organizations is a good way to get lower rates on your bill.
  • Bundle and Save – When you have multiple policies with the same company you could save up to 20% and get you low cost insurance.
  • Resident Student – Children who are enrolled in higher education away from home and won’t have access to an insured vehicle may be able to be covered for less.
  • Theft Deterent – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and that can save you a little bit as well.
  • Fewer Miles Equal More Savings – Low annual miles could qualify for substantially lower rates.

A quick disclaimer, most of the big mark downs will not be given the the whole policy. Most only reduce individual premiums such as comp or med pay. So even though it sounds like you can get free auto insurance, you aren’t that lucky.

To view providers who offer discounts, click this link.

How to know if you need help

When it comes to choosing proper insurance coverage for your personal vehicles, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

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

  • Do I need PIP (personal injury protection) coverage in my state?
  • Am I covered if I hit my neighbor’s mailbox?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • How much liability insurance is required?
  • Does my personal policy cover me when driving out-of-state?
  • How much can I save by bundling my policies?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Does my car insurance cover rental cars?
  • Are all vehicle passengers covered by medical payments coverage?
  • Can my babysitter drive my car?

If you can’t answer these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form. It only takes a few minutes and can help protect your family.

Auto insurance coverage considerations

Having a good grasp of your auto insurance policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Collision protection

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

Collision coverage pays for things such as damaging your car on a curb, sideswiping another vehicle, scraping a guard rail, sustaining damage from a pot hole and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Liability

This coverage can cover damages or injuries you inflict on other’s property or people. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims such as medical services, repair costs for stationary objects, structural damage, emergency aid and medical expenses. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 2000 Lexus LS 400.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive or Other Than Collision

This coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as hitting a bird, falling objects, damage from getting keyed, damage from a tornado or hurricane and hail damage. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like EMT expenses, funeral costs, dental work, X-ray expenses and nursing services. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Comments About 2000 Lexus LS 400 Insurance

  1. Kaley Randall

    I’ve bought from Allstate forever. Cheapest rates in Rutland, VT.

  2. Maurice Mcdowell

    I’m in the north part of Huntington, West Virginia. Quoted a bunch of companies. Saved roughly $20 a month. 21st Century was the cheapest for me. I even had a DUI years ago. My Lexus doesn’t have full coverage.

  3. Zandra Burton

    Will Progressive raise rates for a small claim?

  4. Karmen Hickman

    If you have a good history and live near Charleston, WV, check out State Farm. They seem to be cheaper. Bought it from an online quote. Anyone else drop full coverage?

  5. Hannah Mcleod

    Anyone buy from AAA? I’m in Greensboro, North Carolina.

  6. Orpha Wagner

    I compared a lot of rate quotes for a 2000 Lexus LS 400 in Tampa, FL. Ended up at right around $100 every six months with American Family. Did it all online.

  7. Marisol Lester

    Great info, thanks for posting. I live east of Miami, Florida. Checked online prices for a 2000 Lexus LS 400. Ended up at about $80 savings annually. Went with Allstate. When should I drop full coverage?

  8. Charla Cherry

    All companies are crooks. Proud to be from Wilmington, DE. Got car insurance quotes from American Family, Safeco, and some smaller one I can’t remember the name of for my LS 400 and am saving around $60 a year. Have a couple speeding tickets too. It never hurts to quote around.

  9. Jean Prince

    I can’t pay high rates. I live south of San Antonio, TX. Compared quite a few companies. Saved about $20 a month. 21st Century was the most affordable for me. Have an at-fault accident tho. Not sure if rates are cheaper online or not.

  10. Austin Noble

    Cheaper not always better. Checking in from Overland Park, KS. I quoted with Amica, Sentry, and a few others for my 2000 Lexus LS 400 and I’m now saving $22 a month. Was with State Farm. My new agent seems to be really good. I got a quote from their website.

  11. Stacee Powers

    Lots of useful info here. I live in Biloxi, MS. Quoted rates from Auto-Owners, Farmers, and Safeco for my Lexus and I think I saved around $20 each month. Was with American Family. Only insure liability on my Lexus.

  12. Samira Marsh

    I got decent rates for a 2000 Lexus LS 400 in Saint Louis, MO. Ended up at darn near $100 every six months with American Family. Left Liberty Mutual to switch.