2016 Lexus NX 200t Car Insurance Rates – 9 Tricks for Best Quotes

Searching for the cheapest car insurance rates for your Lexus NX 200t? Finding low cost Driverscar insurance is kind of frustrating for drivers not familiar with quoting coverage prices online. Consumers have so many agents and companies to choose from that it can quickly become a challenge to find the best price.

If you are paying for car insurance now, you should be able to cut costs considerably using this strategy. Locating affordable protection can be fairly easy. Nevertheless, vehicle owners need to have an understanding of how the larger insurance companies compete online and use this information to your advantage.

Ways to get auto insurance rate quotes

Shopping for lower auto insurance rates can take hours if you don’t know the easiest way. You could spend the better part of a day talking about coverages with agents in your area, or you could use the web for quick rates.

The majority of car insurance companies enroll in a system that enables customers to complete one form, and each company provides a quote based on the submitted data. This prevents consumers from doing quote requests for each company.

To participate in this free quote system, click here to open in new window.

The one disadvantage to comparing rates this way is you cannot specify which carriers you will receive quotes from. So if you want to choose individual companies to request quotes from, we put together a list of companies who write auto insurance in your area. Click to view list.

Which method you use is up to you, but be sure to compare the exact same coverage data for each price quote. If your comparisons have unequal deductibles or liability limits it will be nearly impossible to make a fair rate comparison. Even a minor difference in coverages can make a big difference in price. Just remember that getting more free quotes helps you find better pricing.

Verify you’re receiving every discount

Some providers do not list every policy discount in a way that’s easy to find, so the list below gives a summary of both well-publicized in addition to some of the lesser obvious discounts that you may qualify for.

  • Seat Belt Usage – Forcing all vehicle occupants to buckle up before driving can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
  • ABS and Traction Control Discounts – Cars equipped with ABS or steering control have fewer accidents and earn discounts up to 10%.
  • Student Driver Training – It’s a good idea to have your young drivers participate in a local driver’s education class as it will make them better drivers and lower rates.
  • Homeowners Savings – Owning a home can get you a discount because owning a home means you have a higher level of financial diligence.
  • Buy New and Save – Putting coverage on a new car can cost up to 25% less because newer models have to meet stringent safety requirements.
  • Claim Free – Insureds who avoid accidents and claims are rewarded with significantly better rates on insurance quote in comparison with bad drivers.
  • Air Bags and Passive Restraints – Vehicles with factory air bags or motorized seat belts can qualify for discounts up to 30%.
  • Military Rewards – Being on active deployment in the military could trigger a small discount.
  • Policy Bundle Discount – When you combine your home and auto insurance with the same insurance company you may earn at least 10 to 15 percent or more.

Drivers should understand that most of the big mark downs will not be given to the entire cost. Most only apply to individual premiums such as comp or med pay. Despite the fact that it seems like having all the discounts means you get insurance for free, that’s just not realistic.

To see insurance companies who offer insurance coverage discounts, click here to view.

When should I discuss my situation with an agent?

When it comes to buying the best auto insurance coverage for your vehicles, there really is not a one size fits all plan. Each situation is unique.

These are some specific questions may help you determine whether or not you would benefit from professional advice.

  • Am I getting all the discounts available?
  • At what point should I drop full coverage?
  • Am I insured when driving a different vehicle?
  • Does car insurance cover theft of personal property?
  • What companies insure drivers after a DUI or DWI?
  • What if I total my 2016 Lexus NX 200t and owe more than it’s worth?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Can I rate high risk drivers on liability-only vehicles?
  • Am I covered if I crash into my own garage door?
  • What is no-fault insurance?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

Specific coverages for a 2016 Lexus NX 200t

Having a good grasp of auto insurance helps when choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP reimburse you for bills like funeral costs, prosthetic devices, doctor visits and pain medications. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Lexus NX 200t.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Usually these limits are identical to your policy’s liability coverage.

Comprehensive coverage

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from flooding, falling objects, vandalism and hail damage. The most your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability coverages

Liability insurance can cover injuries or damage you cause to people or other property that is your fault. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers things like emergency aid, court costs and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Auto collision coverage

Collision insurance covers damage to your NX 200t resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like colliding with another moving vehicle, damaging your car on a curb, sustaining damage from a pot hole and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Shop smart and save

When searching for low cost insurance quotes, it’s not a good idea to sacrifice coverage to reduce premiums. In many cases, an insured dropped physical damage coverage only to regret that the savings was not a smart move. The aim is to buy the best coverage you can find for the lowest price.

People switch companies for a variety of reasons including an unsatisfactory settlement offer, extreme rates for teen drivers, unfair underwriting practices and even questionable increases in premium. No matter why you want to switch, switching car insurance companies can be easy and end up saving you some money.

Some insurance companies do not provide online quoting and usually these smaller providers provide coverage only through independent agencies. Lower-priced car insurance can be sourced online and with local insurance agents, and you should be comparing both so you have a total pricing picture.

Much more information about car insurance can be found on the following sites: