Compare 2000 Lexus SC 300 Insurance Rates

Finding cheaper auto insurance could be a challenge for people who are new to comparison shopping online. People have so many agents and companies to choose from that it can easily be a chore to find a more affordable company.

You should take the time to quote other rates periodically since insurance prices go up and down regularly. Even if you got the lowest rates on SC 300 coverage a couple years back you may be paying too much now. Don’t believe everything you read about auto insurance online but in a few minutes you can learn some guaranteed methods to save money.

Finding affordable coverage is not rocket science. Just about everyone who carries car insurance should be able to find lower rates. But vehicle owners need to learn how companies price online insurance and apply this information to your search.

Shop car insurance online

Performing a rate comparison can be a lot of work if you don’t understand the most efficient way. You can waste a lot of time driving to insurance companies in your area, or you could save time and use online quotes to quickly compare rates.

All the larger companies enroll in a system where prospective buyers submit their information once, and every company then gives them pricing based on the submitted data. This eliminates the need for form submissions to every company.

To use this form to compare rates click here (opens in new window).

The one downside to pricing coverage this way is that consumers can’t choose which providers you want to price. So if you prefer to choose specific insurance companies for rate comparison, we have a page of the cheapest car insurance companies in your area. Click here for list of insurance companies.

Whichever method you choose, make absolute certain that you use apples-to-apples coverage limits and deductibles for each quote you get. If you enter different deductibles then you won’t be able to find the best deal for your Lexus SC 300. Just a small difference in coverage limits can mean a large discrepancy in price. And when comparing car insurance rates, know that getting more free quotes will increase your chances of finding more affordable insurance. Not every company does online price quotes, so it’s important to compare prices from those companies as well.

Discounts for lower-cost insurance quotes

Insurance can cost an arm and a leg, but you can get discounts that can help lower your rates. Some discounts apply automatically at the time of purchase, but a few need to be specially asked for prior to receiving the credit.

  • Defensive Driver Discount – Taking part in a driver safety course could save 5% or more and easily pay for the cost of the class.
  • Drive Safe and Save – Safe drivers can pay as much as 50% less on SC 300 coverage as compared to drivers with claims.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks for completing your application digitally online.
  • Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems could see savings of 25 to 30%.
  • Good Student – This discount may save you up to 25%. This discount can apply up to age 25.
  • Homeowners Discount – Owning a home can earn you a little savings since home ownership shows financial diligence.
  • Student in College – College-age children who attend college more than 100 miles from home and do not take a car to college could qualify for this discount.
  • Save with a New Car – Adding a new car to your policy can get you a discount because newer models keep occupants safer.
  • Accident Waiver – Not necessarily a discount, but some insurance companies will forgive one accident without the usual rate increase as long as you don’t have any claims prior to being involved in the accident.
  • Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.

One thing to note about discounts is that most discounts do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Despite the appearance that you would end up receiving a 100% discount, you aren’t that lucky. But all discounts will definitely reduce your policy premiums.

To see insurance companies who offer insurance discounts, follow this link.

You may need specialized auto insurance coverage

When it comes to choosing the right insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Everyone’s situation is a little different.

For example, these questions may help highlight if your situation may require specific advice.

  • Who is covered when they drive my 2000 Lexus SC 300?
  • Do I need PIP coverage since I have good health insurance?
  • Why am I required to buy liability insurance?
  • I have a DUI can I still get coverage?
  • Does my car insurance cover rental cars?
  • Exactly who is provided coverage by my policy?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

Insurance coverage options for a 2000 Lexus SC 300

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

Liability auto insurance

This coverage protects you from damages or injuries you inflict on a person or their property that is your fault. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims such as funeral expenses, attorney fees and medical expenses. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Collision protection

This coverage pays for damage to your SC 300 resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as backing into a parked car, crashing into a building, crashing into a ditch, colliding with a tree and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage

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 sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive coverage

This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like falling objects, damage from flooding and vandalism. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP reimburse you for expenses such as pain medications, X-ray expenses, nursing services, doctor visits and ambulance fees. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage