1993 Lexus GS 300 Car Insurance Rates

Searching for the cheapest auto insurance rates for your Lexus GS 300? Finding more affordable auto insurance might be quite difficult for people who are new to shopping for insurance online. People have so many options that it can quickly become a big hassle to locate the lowest premium rates.

Insurance coverage quotes comparison

Comparing insurance coverage rates can be exhausting if you don’t understand the easiest way. You could waste a few hours talking about coverages with local insurance agents in your area, or you can stay home and use the web to get the quickest rates.

Many companies take part in a program where prospective buyers send in one quote, and at least one company then returns a price quote determined by their information. This eliminates the need for quote forms for each company you want a rate for. To compare pricing click here (opens in new window).

One minor caviat to getting quotes like this is that consumers can’t choose which providers you want to price. So if you want to choose individual companies to receive pricing from, we put together a list of low cost insurance coverage companies in your area. Click to view list.

Compare rates however you want, just make sure you use apples-to-apples coverages and limits for every quote you compare. If you enter different limits and deductibles on each one it will be impossible to determine the lowest rate for your Lexus GS 300. Just a small difference in limits could throw off the whole comparison. And when price shopping your coverage, comparing more company’s prices provides better odds of finding more affordable insurance.

Discounts to earn affordable insurance rates

Car insurance is not cheap, but you can get discounts to help bring down the price. A few discounts will automatically apply when you quote, but some must be asked about before you will receive the discount.

  • Cautious Drivers – Insureds who avoid accidents could pay up to 40% less for GS 300 insurance than drivers with accident claims.
  • Waiver for an Accident – This one isn’t a discount, but some insurance companies will turn a blind eye to one accident without getting socked with a rate hike with the catch being you have to be claim-free prior to being involved in the accident.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts could see savings up to 30%.
  • Seat Belts Save more than Lives – Drivers who require all occupants to wear their seat belts could save 15% on the medical payments or PIP coverage costs.
  • No Claims – Insureds with no claims or accidents can save substantially in comparison to drivers who are more careless.

Remember that most of the big mark downs will not be given to your bottom line cost. Most cut the cost of specific coverages such as liability, collision or medical payments. Just because you may think all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

Some of the insurance companies that possibly offer some of the discounts shown above are:

When getting free insurance coverage quotes, it’s a good idea to all companies you are considering the best way to save money. Discounts may not apply in your area. If you would like to choose from a list of providers with discount insurance rates, click here to view.

Tailor your insurance coverage to you

When it comes to choosing proper insurance coverage, there is no cookie cutter policy. Everyone’s situation is unique.

For instance, these questions might help in determining if your situation would benefit from professional advice.

  • Should I have a commercial auto policy?
  • What vehicles should carry emergency assistance coverage?
  • Do I have coverage when making deliveries for my home business?
  • Am I insured when driving a different vehicle?
  • How can I get high-risk coverage after a DUI?
  • Is my 1993 Lexus GS 300 covered for smoke damage?
  • How can I find cheaper teen driver insurance?
  • How can I get my company to pay me more for my totalled car?
  • When should my teen driver be added to my policy?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, complete this form.

Insurance policy coverages for a 1993 Lexus GS 300

Understanding the coverages of a insurance policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for immediate expenses for hospital visits, X-ray expenses, dental work and rehabilitation expenses. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Collision protection

This will pay to fix damage to your GS 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 claims like hitting a mailbox, driving through your garage door, crashing into a ditch, rolling your car and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Liability coverage

Liability coverage protects you from damages or injuries you inflict on other people or property. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single 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, court costs and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Comprehensive coverage

This covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like a broken windshield, damage from a tornado or hurricane, fire damage and hail damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits are similar to your liability insurance amounts.

A penny earned…

The cheapest 1993 Lexus GS 300 insurance is attainable from both online companies and from local insurance agents, so you need to shop insurance coverage with both in order to have the best price selection to choose from. A few companies don’t offer online rate quotes and usually these smaller providers provide coverage only through independent agents.

We covered a lot of ways to get a better price on 1993 Lexus GS 300 insurance. The most important thing to understand is the more times you quote, the better your chances of lowering your premium rates. You may even discover the most savings is with a small mutual company.

People change insurance companies for many reasons like not issuing a premium refund, policy cancellation, high rates after DUI convictions or an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding a new car insurance company is less work than it seems.

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