2000 Lexus SC 300 Insurance Cost – 10 Ideas for Best Prices

Looking for better auto insurance rates for your Lexus SC 300? Trying to come up with a payment for expensive auto insurance can take a big chunk out of your budget and force you to make sacrifices. Comparing price quotes can lower your rates and help to ensure you are getting the best deal.

Many insurers compete for your business, so it can be very hard to choose a insurance company to get the lowest cost out there.

Smart consumers take time to quote other rates occasionally due to the fact that insurance prices change quite often. Just because you found the best rates for SC 300 insurance last year you may be paying too much now. Forget anything you know (or think you know) about auto insurance because you’re about to find out the right way to find the best coverage while lowering your premiums.

The quickest method we recommend to compare rates is to know the trick most insurance companies provide online access to give rate comparisons. All consumers are required to do is provide information such as if a SR-22 is required, deductibles desired, if the vehicle is leased, and how much education you have. Your insurance information is then submitted to insurance carriers in your area and they return rate quotes within a short period of time.

To compare multiple company rates now, click here and complete the form.

Tailor your insurance coverage to you

When it comes to choosing coverage, there isn’t really a perfect coverage plan. Each situation is unique so your insurance should reflect that Here are some questions about coverages that may help highlight if you could use an agent’s help.

• Is my 2000 Lexus SC 300 covered for smoke damage?
• Is there coverage for injuries to my pets?
• Are rock chip repairs covered?
• When do I need to add a new car to my policy?
• Why am I be forced to buy a membership to get insurance from some companies?
• Do I need special endorsements for business use of my vehicle?
• What is roadside assistance coverage?
• Is my babysitter covered when using my vehicle?
• Do I need added coverage for expensive stereo equipment?
• Is my custom paint covered by insurance?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Insurance coverages 101

Understanding the coverages of a insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by insurance companies.

Comprehensive insurance

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

Comprehensive coverage pays for things like damage from getting keyed, vandalism and damage from flooding. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as damage to your Lexus SC 300.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Frequently these coverages are set the same as your liablity limits.

Auto liability insurance

This coverage will cover damage that occurs to other’s property or people in an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims like repair costs for stationary objects, pain and suffering and attorney fees. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for immediate expenses such as EMT expenses, hospital visits, chiropractic care and X-ray expenses. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants as well as if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay

Collision insurance

This coverage pays for damage to your SC 300 from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things such as rolling your car, colliding with a tree, backing into a parked car and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.