Compare 1999 Lexus LS 400 Insurance Quotes

Being forced to pay for expensive insurance premiums can draw down your funds and force you to cut corners elsewhere. Comparing rate quotes is free and is an excellent way to tighten up your finances.

Because you have many insurance providers from which to choose, it can be challenging to choose the cheapest company.

You should make it a habit to check insurance prices at least once a year because insurance prices are variable and change quite frequently. Just because you had the lowest rates on LS 400 insurance six months ago you will most likely find a better rate quote today. Forget all the misinformation about insurance because I’m going to let you in on the secrets to how to use the internet to save money, get proper deductibles and limits, all at the lowest rate.

Auto Insurance Discounts

Insuring your vehicles can cost a lot, but there could be available discounts that can help lower your rates. Some discounts apply automatically when you complete an application, but some discounts are required to be requested specifically prior to receiving the credit.

  • Good Students Pay Less – Getting good grades can get you a discount of up to 25%. Many companies even apply the discount to college students well after school through age 25.
  • Accident Free – Drivers who don’t have accidents pay much less in comparison with accident-prone drivers.
  • Discounts for New Vehicles – Buying a new car instead of a used car can get you a discount because newer models are generally safer.
  • Data Collection Discounts – Policyholders that allow data collection to monitor when and where they use their vehicle by using a telematics device in their vehicle such as Progressive’s Snapshot may see discounts if they show good driving skills.
  • Homeowners Savings – Just being a homeowner can earn you a little savings due to the fact that maintaining a home means you have a higher level of financial diligence.
  • Pay Upfront and Save – By paying your entire bill at once rather than paying in monthly installments you can avoid the installment charge.
  • Passive Restraints – Factory air bags can qualify for discounts up to 30%.
  • Club Memberships – Affiliation with qualifying employment or professional organizations could trigger savings on your bill.
  • Discounts for Government Workers – Federal government employees could qualify for a slight premium decrease on LS 400 insurance but check with your company.

While discounts sound great, it’s important to understand that some of the credits will not apply the the whole policy. Most only apply to individual premiums such as comp or med pay. So when it seems like you could get a free auto insurance policy, you’re out of luck. Any amount of discount should help reduce your overall premium however.

A few companies that may have some of the discounts shown above include:

If you need the cheapest insurance coverage quotes, ask every prospective company which discounts can lower your rates. Savings might not be available to policyholders in every state. If you would like to view insurance companies who offer online auto insurance quotes, click here to view.

Tailor your car insurance coverage to you

When it comes to buying the best car insurance coverage, there is no one size fits all plan. Every situation is different so your insurance should reflect that Here are some questions about coverages that might help in determining if your insurance needs will benefit from professional help.

  • Am I covered if my car is in a flood?
  • Is my trailer covered?
  • Does coverage extend to Mexico or Canada?
  • Does my insurance cover a custom paint job?
  • What is the rate difference between pleasure use and commuting?
  • How can I find cheaper teen driver insurance?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Why am I required to buy liability insurance?
  • Do I have coverage when making deliveries for my home business?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Parts of your car insurance policy

Learning about specific coverages of your policy can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Shown next are the normal coverages found on the average car insurance policy.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these coverages are similar to your liability insurance amounts.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like falling objects, hail damage, a broken windshield, hitting a bird and vandalism. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability car insurance – This coverage protects you from injuries or damage you cause to other’s property or people by causing an accident. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers things like pain and suffering, emergency aid, repair costs for stationary objects, legal defense fees and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for expenses for things like nursing services, chiropractic care, X-ray expenses, dental work and pain medications. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and may carry a deductible

Collision coverage – Collision coverage pays for damage to your LS 400 resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as driving through your garage door, crashing into a ditch, colliding with another moving vehicle and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible to bring the cost down.

Save your hard earned cash

We covered a lot of information how to reduce 1999 Lexus LS 400 insurance rates online. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding cheaper insurance coverage. You may be surprised to find that the lowest rates come from a small local company. Regional companies can often provide lower car insurance rates in certain areas than the large multi-state companies such as Geico and State Farm.

As you restructure your insurance plan, make sure you don’t buy less coverage just to save a little money. There have been many situations where an insured cut collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The aim is to purchase plenty of coverage for the lowest cost while still protecting your assets.

More learning opportunities