1996 Lexus ES 300 Car Insurance Quotes

Online rate comparisons for cheap auto insurance can be difficult if you are like the majority of consumers and have never used online price comparisons. But don’t be discouraged because we’re going to show you how.

It’s smart to compare premium rates occasionally because rates trend upward over time. Even if you think you had the lowest rate for ES 300 insurance two years ago you may be paying too much now. There are a lot of ways to save on car insurance on the internet, but I’m going to show you some of the best ways to find affordable car insurance.

Quote auto insurance online

To find cheaper rates, there are a couple of ways to obtain and compare prices from many different insurance companies. The simplest method to compare 1996 Lexus ES 300 insurance prices is to jump online and get quotes. It’s really quite simple and can be done in a couple minutes as outlined below.

  1. The most efficient method to find the lowest comparison rates is a comparison rater form (click to open form in new window). This form eliminates the need for multiple quote forms for every prospective company. A single form gets coverage cost estimates instantly. Just one form and you’re done.
  2. A more difficult way to compare rate quotes requires visiting each company’s website and fill out their own quote form. For sake of this example, let’s say you want comparison quotes from Nationwide, GEICO and Allstate. You would have to go to each individual site and repeatedly type in your coverage information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.
  3. The old school way to find lower rates is to drive around to different agent offices. Comparing rate quotes online has made agencies unnecessary unless you require the advice and guidance of a local agency. It is possible with some companies comparison shop online and have a local agent actually service the policy.

How you compare quotes is your choice, just make sure you compare the same deductibles and coverage limits on every price quote you get. If you are comparing mixed coverages then you won’t be able to make a fair rate comparison. Quoting even small variations in coverage limits may cause a big price difference. Just remember that comparing all the rates in your area helps increase your odds of locating the best rates.

Why you might pay increased rates

Part of the insurance coverage buying process is learning the rating factors that are used to determine the price you pay for insurance coverage. When you understand what controls the rates you pay, this empowers consumers to make smart changes that may result in lower premium levels. Lots of things are used when you quote your car insurance policy. Some factors are common sense like your driving record, but some are less obvious such as your credit history or your vehicle rating.

  • Improve your credit rating – An insured’s credit score can be a huge factor in determining your rates. Insureds with excellent credit scores tend to be more responsible than drivers who have poor credit scores. So if your credit is lower than you’d like, you could pay less to insure your 1996 Lexus ES 300 by spending a little time repairing your credit.
  • Your stress level may be raising your rates – Occupations like doctors, executives and stock brokers usually pay higher premiums than the average policyholder in part from job stress and long work days. On the other hand, jobs such as professors, athletes and performers receive lower rates for ES 300 insurance.
  • Vehicle features that lower rates – Owning a car with a theft deterrent system can earn a premium discount. Systems that thwart theives such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent your car from being stolen.
  • Bad drivers pay high prices – Having a clean driving record has a huge affect on how much you pay. Attentive drivers get better prices compared to drivers with tickets. Getting just one driving citation can boost insurance rates twenty percent or more. Drivers who get severe violations such as DWI, reckless driving or hit and run convictions may find that they have to to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
  • Save by driving cars with good safety ratings – Vehicles with good safety scores tend to have lower insurance rates. Vehicles built for safety reduce occupant injuries and fewer serious injuries translates directly to fewer claims which can mean better rates for you. If your Lexus ES 300 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.
  • A insurance coverage policy lapse can increase rates – Not maintaining insurance is illegal and companies may charge more for letting your coverage lapse. In addition to paying higher rates, the inability to provide proof of insurance may earn you a revoked license or a big fine. You may need to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Too many insurance coverage claims will drive insurance coverage rates up – If you’re an insured who likes to file claims you can definitely plan on higher rates. Insurance companies award most affordable rates to people who only file infrequent claims. Your insurance policy is intended for the large, substantial claims.

Do you qualify for discounts?

Not too many consumers would say insurance is affordable, but there may be some discounts that may help make it more affordable. Some of these disounts will be visible at the time of quoting, but a few must be asked about before being credited.

  • E-sign – Many larger companies provide a small discount for buying your policy digitally online.
  • Sign Early and Save – Some insurance companies provide a discount for switching companies prior to the expiration date on your current policy. This can save 10% or more.
  • Onboard Data Collection – Drivers that enable their company to spy on where and when they drive by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates as long as they are good drivers.
  • Low Miles Discount – Keeping the miles down on your Lexus can earn better premium rates on cars that stay parked.
  • Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can qualify for discounts of 20 to 30 percent.
  • Seat Belt Usage – Forcing all vehicle occupants to buckle up before driving can save a little off PIP or medical payments premium.
  • Senior Citizen Discount – If you qualify as a senior citizen, you could receive a small decrease in premiums for ES 300 insurance.
  • Active Service Discounts – Being on active duty in the military may qualify for rate reductions.

One thing to note about discounts is that most of the big mark downs will not be given to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. Despite the appearance that it’s possible to get free car insurance, companies don’t profit that way. But any discount will reduce the cost of coverage.

A few popular companies and their possible discounts are detailed below.

  • State Farm has savings for student away at school, driver’s education, anti-theft, defensive driving training, multiple autos, good driver, and good student.
  • GEICO includes discounts for emergency military deployment, multi-vehicle, defensive driver, driver training, five-year accident-free, and multi-policy.
  • Progressive has discounts for online quote discount, multi-policy, homeowner, good student, multi-vehicle, and continuous coverage.
  • 21st Century offers premium reductions for teen driver, anti-lock brakes, air bags, defensive driver, and early bird.
  • American Family offers discounts including bundled insurance, good driver, multi-vehicle, Steer into Savings, and air bags.
  • The Hartford policyholders can earn discounts including bundle, good student, anti-theft, driver training, defensive driver, and vehicle fuel type.
  • AAA may have discounts that include pay-in-full, education and occupation, good student, anti-theft, and good driver.

When comparing rates, check with all the companies which discounts you qualify for. Some credits might not be offered in your area. If you would like to see a list of insurers that provide some of the discounts listed above, click here.

Don’t assume everyone needs the same auto insurance coverage

When it comes to buying coverage, there really is no single plan that fits everyone. Each situation is unique.

Here are some questions about coverages that may help you determine whether you might need professional guidance.

  • Am I covered if my car is in a flood?
  • What is high-risk coverage and where do I buy it?
  • Am I covered if I crash into my own garage door?
  • Can I rate high risk drivers on liability-only vehicles?
  • What exactly is covered by my policy?
  • How much liability coverage do I need in my state?
  • Should I have combined single limit or split liability limits?
  • Does my 1996 Lexus ES 300 need full coverage?

If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form.

Specifics of your auto insurance policy

Understanding the coverages of your policy can be of help when determining which coverages you need for your vehicles. Auto insurance terms can be difficult to understand and coverage can change by endorsement.

Liability coverages

Liability insurance protects you from damages or injuries you inflict on other people or property. It protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims such as attorney fees, repair bills for other people’s vehicles, pain and suffering and legal defense fees. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford.

Comprehensive auto coverage

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like vandalism, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Medical payments and PIP coverage

Med pay and PIP coverage pay for bills like chiropractic care, dental work, X-ray expenses, nursing services and pain medications. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover 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

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Lexus ES 300.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision insurance

This coverage covers damage to your ES 300 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things like driving through your garage door, colliding with another moving vehicle, hitting a mailbox, sustaining damage from a pot hole and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Summing up your auto insurance search

Consumers leave their current company for any number of reasons including not issuing a premium refund, questionable increases in premium, high rates after DUI convictions or lack of trust in their agent. It doesn’t matter why you want to switch finding a new auto insurance company is not as hard as you think.

When buying insurance coverage, don’t be tempted to buy less coverage just to save a little money. There have been many cases where drivers have reduced liability coverage limits and found out when filing a claim that it was a big mistake. Your goal should be to get the best coverage possible for the lowest price while not skimping on critical coverages.

Cost effective 1996 Lexus ES 300 insurance can be sourced on the web and with local insurance agents, so you need to shop auto insurance with both in order to have the best chance of saving money. Some insurance companies do not offer the ability to get a quote online and most of the time these small insurance companies only sell coverage through local independent agencies.

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