How Much Does 2007 Lexus SC 430 Insurance Cost?

Want lower insurance rates for your Lexus SC 430? Feel like you have overpriced insurance? It’s quite common and many consumers feel financially strained by their insurance policy. Companies like State Farm, Allstate, Geico and Progressive persitently shower you with TV and radio ads and it can be hard to see through the deception and do the work needed to find the best deal.

You should take the time to do rate comparisons yearly due to the fact that insurance prices go up and down regularly. Even if you think you had the best price on SC 430 insurance a few years ago you can probably find a lower rate today. Forget all the misinformation about insurance because it’s time to teach you the fastest and easiest way to find better rates and still maintain coverage.

If you have a current car insurance policy or need new coverage, you will benefit by learning to get lower rates while maximizing coverage. Buying car insurance is easy if you know what you’re doing. Consumers just need to know the most efficient way to get comparison quotes online.

First Step: Get free insurance quotes

Effectively comparing insurance prices is a ton of work if you aren’t aware of the most efficient way to do it. You could spend the better part of a day talking to insurance agencies in your area, or you can stay home and use the internet to get rates in a matter of minutes.

Most of the larger companies belong to an insurance system that enables customers to complete one form, and every company then gives them pricing based on that data. This prevents consumers from doing quote forms to each individual insurance company. To find out what other companies charge click here to open in new window.

One minor caviat to comparing rates this way is that you can’t choose which providers you want to price. So if you prefer to choose from a list of companies to compare rates, we have a page of insurance companies in your area. View list of insurance companies.

Take whichever approach you prefer, but double check that you are using exactly the same coverage data on every quote you get. If you have unequal deductibles or liability limits it will be next to impossible to truly determine the lowest rate.

Special considerations

When buying proper insurance coverage, there is no “perfect” insurance plan. Everyone’s needs are different so this has to be addressed. Here are some questions about coverages that may help you determine if your insurance needs might need professional guidance.

  • Is rental equipment covered for theft or damage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Is my teen driver covered when they drive my company car?
  • Does liability extend to a camper or trailer?
  • Should I get collision insurance on every vehicle?
  • How can I get my company to pay me more for my totalled car?
  • Should I sign the liability waiver when renting a car?
  • Where can I find high-risk insurance?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Car insurance 101

Knowing the specifics of car insurance can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverage types available from car insurance companies.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Lexus SC 430.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally these limits are similar to your liability insurance amounts.

Comprehensive protection – This covers 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 coverage pays for claims such as a broken windshield, damage from getting keyed and vandalism. The highest amount a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical expense coverage – Coverage for medical payments and/or PIP pay for immediate expenses like dental work, EMT expenses and rehabilitation expenses. They are often used in conjunction with a health insurance policy or if you do not have health coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Liability auto insurance – This coverage will cover injuries or damage you cause to other’s property or people. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values 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 a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage protects against claims such as pain and suffering, bail bonds and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Collision coverages – This coverage covers damage to your SC 430 resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a parking meter, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to bring the cost down.