1998 Lexus SC 300 Car Insurance Rates – 9 Discounts for Cheaper Quotes

Want cheaper insurance coverage rates for your Lexus SC 300? There isn’t a single person who gets a kick out of paying for insurance coverage, particularly when it costs too dang much.

Consumers have so many car insurance companies to choose from, and although it’s a good thing to have a selection, more options can take longer to find the lowest rates.

It’s a good idea to take a look at other company’s rates on a regular basis since rates change quite often. Even if you got the best premium rates for SC 300 coverage a couple years back other companies may now be cheaper. Forget anything you know (or think you know) about insurance coverage because we’re going to show you one of the easiest ways to find lower rates on insurance coverage.

Pricing the cheapest insurance coverage is quite easy. Just about everyone who shops for insurance should be able to cut their insurance bill. But vehicle owners must understand the way insurance companies sell insurance online.

Affordable car insurance quotes

The majority of larger companies make it easy to get insurance quotes on their websites. Comparing rates online is fairly straightforward as you just enter as detailed in the form. Once entered, the quote system gets reports for credit and driving violations and generates pricing information based on these and other factors. Being able to quote online helps simplify price comparisons, but the work required to visit many different websites and type in the same data gets old quite quickly. Unfortunately, it is important to have as many quotes as possible in order to get the best price on car insurance.

There is an easier way!

The smarter way to find cheaper rates makes use of a single form that obtains quotes from many companies. The form is fast, reduces the work, and makes online quotes much easier. As soon as you send your information, it is quoted and you are able to buy any of the resulting price quotes.

If you find a better price you can simply submit the application and purchase coverage. This process only takes a few minutes and may result in a nice savings.

To quickly find out what other companies charge, simply click here to open in new window and enter your information. If you have your current policy handy, we recommend you copy the insurance coverages as shown on your current policy. Using the same limits helps guarantee you will have a rate comparison for similar insurance coverage.

Take these nine policy discounts and save

Car insurance is not cheap, but you can get discounts that could drop your premiums quite a bit. Some trigger automatically when you purchase, but once in a while a discount must be manually applied before being credited. If you check and find you aren’t receiving every discount you deserve, you are just wasting money.

  • No Charge for an Accident – Not a discount per se, but a few companies such as Progressive, State Farm and Geico allow you one accident before hitting you with a surcharge if your claims history is clear for a specific time period.
  • Theft Deterent System – Cars that have factory anti-theft systems help deter theft and that can save you a little bit as well.
  • Paperless Signup – Some of the larger companies give back up to $50 simply for signing online.
  • Sign Early and Save – A few larger companies allow discounts for renewing your policy prior to your current policy expiring. Ten percent is about the average savings.
  • Braking Control Discount – Cars, trucks, and SUVs equipped with ABS or steering control are safer to drive and qualify for as much as a 10% discount.
  • Homeowners Savings – Owning a house can help you save on auto insurance since home ownership demonstrates responsibility.
  • Payment Discounts – By paying your entire bill at once rather than paying monthly you can avoid the installment charge.
  • Defensive Driver – Successfully completing a course that instructs on driving safety could save 5% or more and make you a better driver.
  • Accident Free – Drivers who don’t have accidents can earn big discounts in comparison with frequent claim filers.

You can save money using discounts, but some of the credits will not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as medical payments or collision. So even though you would think you would end up receiving a 100% discount, companies don’t profit that way. Any qualifying discounts should definitely cut the premium cost.

Companies and some of the premium reductions they offer are included below.

  • Travelers includes discounts for IntelliDrive, home ownership, hybrid/electric vehicle, continuous insurance, payment discounts, student away at school, and driver training.
  • 21st Century offers discounts including good student, defensive driver, homeowners, driver training, and air bags.
  • State Farm policyholders can earn discounts including passive restraint, good driver, Drive Safe & Save, safe vehicle, defensive driving training, and accident-free.
  • Geico has discounts for five-year accident-free, anti-lock brakes, emergency military deployment, daytime running lights, membership and employees, seat belt use, and anti-theft.
  • SAFECO has savings for safe driver, drive less, multi-car, bundle discounts, teen safety rewards, teen safe driver, and anti-theft.
  • AAA offers premium reductions for AAA membership discount, good driver, multi-policy, good student, and pay-in-full.

Before purchasing a policy, check with every prospective company which discounts you qualify for. Depending on the company, some discounts might not be available to policyholders in your area.

Which policy gives me the best coverage?

When choosing the best auto insurance coverage for your personal vehicles, there really is not a one size fits all plan. Every situation is different so your insurance should reflect that For example, these questions may help you determine if your insurance needs would benefit from professional advice.

  • Does having multiple vehicles earn me a discount?
  • Is my trailer covered?
  • How many claims can I have before being cancelled?
  • Am I covered when using my vehicle for business?
  • When should I remove comp and collision on my 1998 Lexus SC 300?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • I have health insurance so do I need medical payments coverage?
  • Am I covered if I hit a deer?
  • What is the difference between comprehensive and collision coverage?

If you don’t know the answers to these questions, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area.

Insurance coverages explained

Knowing the specifics of your policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages found on the average insurance policy.

Comprehensive coverage – This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like vandalism, hail damage and fire damage. The maximum payout your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like hospital visits, prosthetic devices and surgery. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage – This protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Collision coverages – This will pay to fix damage to your SC 300 caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like sideswiping another vehicle, damaging your car on a curb, scraping a guard rail and rolling your car. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Liability coverages – This coverage will cover damages or injuries you inflict on a person or their property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims like bail bonds, repair costs for stationary objects and medical services. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.