1996 Lexus SC 300 Car Insurance Rates

Looking for lower insurance coverage rates for your Lexus SC 300? Did you fall for a flashy sales pitch and buy overpriced insurance coverage? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out.

Popular companies such as State Farm, Allstate, Geico and Progressive increase brand awareness with ads and it is difficult to sift through the bull and find the best price available.

If you are paying for car insurance now, you should be able to cut costs considerably using these methods. Finding affordable coverage is quite easy. But drivers must understand the way insurance companies determine prices.

Finding Auto Insurance Deals

Shopping for lower auto insurance rates is a ton of work if you don’t utilize the easiest way. You could waste time discussing policy coverages with agents in your area, or you could save time and use online quotes to get the quickest rates.

Many insurance companies belong to a marketplace where prospective buyers enter their policy data once, and at least one company returns a rated price. This saves time by eliminating quote requests for every auto insurance company.

To enter your information into the quoting system, click here (opens in new window).

The one downside to doing it this way is you cannot specify which carriers to get pricing from. If you prefer to choose individual companies to receive pricing from, we have a listing of the cheapest auto insurance companies in your area. View list of insurance companies.

Which method you use is up to you, but compare identical coverage information for every company. If you use different limits and deductibles on each one then you won’t be able to determine the lowest rate for your Lexus SC 300. Just a small difference in insurance coverages may result in large price differences. And when price shopping your coverage, quoting more provides better odds of finding a better price.

How to know if you need help

When it comes to choosing the best auto insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions may help you determine whether your personal situation will benefit from professional help.

  • Do I really need UM/UIM coverage?
  • Does my insurance cover a custom paint job?
  • How do I file an SR-22 for a DUI in my state?
  • Should I sign the liability waiver when renting a car?
  • What vehicles should carry emergency assistance coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Will I lose any money if I cancel my policy before it expires?
  • Can my teen drive my company car?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Insurance coverage options for a Lexus SC 300

Learning about specific coverages of a insurance policy can help you determine which coverages you need for your vehicles. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are the usual coverages available from insurance companies.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like prosthetic devices, dental work and hospital visits. They are often utilized in addition to your health insurance policy or if you do not have health coverage. They cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

This coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Lexus SC 300.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Normally these limits are set the same as your liablity limits.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things like hitting a bird, damage from flooding and hail damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision insurance

This pays for damage to your SC 300 resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like sustaining damage from a pot hole, damaging your car on a curb, colliding with another moving vehicle and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Liability coverages

This coverage will cover injuries or damage you cause to other people or property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as loss of income, emergency aid, repair bills for other people’s vehicles and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.