2014 Lexus CT 200h Insurance Rates – 8 Tricks for Cheaper Quotes

Looking for cheaper insurance coverage rates for your Lexus CT 200h? If you are new to online price comparisons, chances are good that you are baffled thanks to the huge assortment of insurance coverage companies all claiming to have the lowest rates.

This article will tell you how to get online quotes and some money-saving tips. If you currently have a car insurance policy, you will be able to lower your premiums substantially using this strategy. Although consumers do need to understand how the larger insurance companies sell insurance online and take advantage of how the system works.

How to compare free insurance coverage rate quotes

There are a lot of ways to compare insurance coverage prices and some are less labor-intensive and much quicker. You can waste hours talking about coverages with insurance companies in your area, or you could use the web to maximize your effort.

Many insurance companies take part in a program that allows shoppers to enter their policy data once, and every company returns a competitive quote determined by their information. This eliminates the need for quote forms for each company you want a rate for.

To compare pricing click to open in new window.

The one downside to getting quotes like this is you are unable to specify the companies you will receive quotes from. So if you prefer to choose from a list of companies to receive pricing from, we have a listing of companies who write insurance coverage in your area. Click to view list.

Whichever way you choose to compare rates, make absolute certain that you use nearly identical coverages and limits for every company. If you enter different deductibles then you won’t be able to determine the lowest rate for your Lexus CT 200h. Having just a slight variation in insurance coverages can mean a large discrepancy in price. Keep in mind that comparing all the rates in your area provides better odds of finding a better price. Some smaller insurers to not give prices over the internet, so it’s necessary to compare quotes from them, too.

Insurance coverage advertisements

Respected companies like State Farm, Allstate and Geico continually stream ads on television and other media. They all seem to advertise claims that you’ll save big after switching your insurance coverage coverage to their company. How does each company offer you a better deal? It’s all in the wording.

Most companies offer their best rates for the right customer that earns them the highest profit. An example of a desirable risk might be over age 30, has no prior claims, and drives a vehicle with a low ISO rating. A customer getting a price quote that matches those criteria will most likely get cheap rates and most likely will pay quite a bit less when switching companies.

Consumers who don’t meet this stringent profile may be required to pay a higher rate which usually ends up with business not being written. Company advertisements say “drivers who switch” but not “everyone who gets a quote” save that kind of money. That is how companies can truthfully make the claims of big savings.

Different companies use different criteria so drivers must quote coverage with many companies. It is impossible to predict the company that will have better premium rates than you’re paying now.

Don’t miss these eight discounts

Buying car insurance is not cheap, but you may be missing some discounts that may help make it more affordable. Certain reductions will be credited at the time of quoting, but some may not be applied and must be manually applied before being credited.

• Full Payment Discount – By paying your entire bill at once as opposed to paying monthly you could save 5% or more.
• Distant Student Discount – Children living away from home attending college and do not take a car to college may be insured at a cheaper rate.
• Cautious Driver Discounts – Drivers who don’t get into accidents may save up to 50% more on CT 200h coverage as compared to drivers with claims.
• Discounts for New Vehicles – Insuring a vehicle that is new can be considerably cheaper compared to insuring an older model.
• Accident Forgiveness – but certain companies will allow you to have one accident before raising your premiums as long as you don’t have any claims for a set time period.
• Life Insurance Discount – Larger insurance companies have lower rates if you buy a life policy as well.
• Telematics Data Discounts – Insureds who allow driving data submission to scrutinize driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could see a rate decrease as long as the data is positive.
• Defensive Driving Course – Taking time to complete a driver safety class may get you a small discount and easily recoup the cost of the course.

Drivers should understand that some of the credits will not apply the the whole policy. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So when it seems like you can get free auto insurance, company stockholders wouldn’t be very happy.

A few of the larger companies and the discounts they provide can be read below.

• State Farm offers premium reductions for anti-theft, Drive Safe & Save, good driver, multiple policy, and student away at school.
• Esurance may include discounts for renters, claim free, DriveSense, anti-lock brakes, multi-car, and paid-in-full.
• Progressive has savings for online signing, online quote discount, homeowner, multi-vehicle, and multi-policy.
• Liberty Mutual may offer discounts for multi-policy, newly married, good student, hybrid vehicle, and multi-car.
• Auto-Owners Insurance policyholders can earn discounts including air bags, safe driver, anti-theft, mature driver, group or association, and teen driver.
• Geico includes discounts for anti-lock brakes, defensive driver, driver training, seat belt use, and five-year accident-free.

Check with each company or agent what discounts are available to you. All car insurance discounts may not apply in your area. If you would like to see a list of companies that provide some of the discounts listed above, click here.

Special considerations

When it comes to choosing coverage for your vehicles, there is no “perfect” insurance plan. Every insured’s situation is different.

These are some specific questions may help you determine if your situation might need an agent’s assistance.

• Do I have coverage if my license is suspended?
• When would I need additional glass coverage?
• What is UM/UIM insurance?
• How much can I save by bundling my policies?
• What can I do if my company won’t pay a claim?
• Why does it cost so much to insure a teen driver?
• Do I have coverage when making deliveries for my home business?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Educate yourself about car insurance coverages

Having a good grasp of a car insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Auto collision coverage

This pays for damage to your CT 200h caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like sideswiping another vehicle, sustaining damage from a pot hole, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Liability car insurance

Liability insurance protects you from injuries or damage you cause to a person or their property by causing an accident. It protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as medical services, structural damage, attorney fees and pain and suffering. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like doctor visits, funeral costs, prosthetic devices and X-ray expenses. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Lexus CT 200h.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix 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 can pay for claims such as vandalism, a tree branch falling on your vehicle and damage from getting keyed. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Get your money’s worth

Consumers switch companies for any number of reasons including policy non-renewal, high rates after DUI convictions, extreme rates for teen drivers and even delays in responding to claim requests. Whatever your reason, finding a new insurance company is actually quite simple.

We’ve covered a lot of tips how to compare 2014 Lexus CT 200h insurance premium rates online. The most important thing to understand is the more price quotes you have, the better likelihood of getting cheap insurance coverage. You may even discover the best premium rates are with some of the lesser-known companies.

Some insurance companies may not have online quoting and many times these smaller providers only sell coverage through local independent agencies. Lower-priced 2014 Lexus CT 200h insurance can be sourced on the web as well as from insurance agents, so compare prices from both to have the best rate selection.

More information is located at these links:

• Credit and Insurance Scores (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Senior Drivers (Insurance Information Insitute)
• Insuring a Leased Car (Insurance Information Insitute)
• Distracted Driving Statistics (Insurance Information Insitute)