Compare 2018 Lexus RC 300 Insurance Rates

Have you had enough of scraping nickels together to pay high car insurance rates every month? You are in the same boat as most other people. Due to the increasing number of car insurance companies to choose from, it can be challenging to locate the best company.

It’s a good idea to take a look at other company’s rates before your next renewal because prices are usually higher with each renewal. Just because you found the best deal for RC 300 coverage a year ago there is a good chance you can find better rates now. You’ll find a ton of advice on car insurance online, but we’re going to give you some great ways to lower your car insurance rates.

Discount insurance rates

Properly insuring your vehicles can get expensive, but you may qualify for discounts that many consumers don’t even know exist. Some discounts apply automatically at the time you complete a quote, but lesser-known reductions have to be asked about before they will apply. If you check and find you aren’t receiving every discount you deserve, you’re just leaving money on the table.

  • Policy Bundle Discount – When you combine your homeowners and auto insurance and place coverage with the same company you could earn a discount of up to 20% and get you the cheapest insurance.
  • Accident Forgiveness – Not a discount per se, but certain companies allow you one accident before hitting you with a surcharge so long as you are claim-free prior to being involved in the accident.
  • Government Employee Discount – Having worked for a branch of the government may qualify for a discount when you quote insurance for RC 300 coverage with select insurance companies.
  • E-sign Discounts</strong – Some of the larger companies provide a small discount simply for signing online.
  • Low Mileage – Driving fewer miles may allow you to get lower insurancerates on the low mileage vehicles.
  • Data Collection Discounts – Insureds that choose to allow their company to track driving manner by installing a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts if they are good drivers.
  • Senior Citizens – Mature drivers may receive lower premium rates for RC 300 coverage.
  • Lower Rates for Military – Having an actively deployed family member could be rewarded with lower insurance rates.
  • Early Payment Discounts – By paying your entire bill at once rather than paying in monthly installments you could save up to 5%.
  • Cautious Driver Discount – Drivers who avoid accidents may save up to 50% more for RC 300 coverage than their less cautious counterparts.

Discounts save money, but please remember that many deductions do not apply the the whole policy. Most cut the cost of specific coverages such as liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

Popular insurance companies and a selection of discounts are detailed below.

  • Progressive may include discounts for multi-vehicle, online quote discount, homeowner, continuous coverage, and good student.
  • MetLife includes discounts for good driver, accident-free, multi-policy, good student, and claim-free.
  • Mercury Insurance policyholders can earn discounts including good driver, low natural disaster claims, annual mileage, ease of repair, age of vehicle, and accident-free.
  • Nationwide offers discounts including good student, accident-free, Farm Bureau membership, anti-theft, multi-policy, and defensive driving.
  • Geico may have discounts that include driver training, emergency military deployment, defensive driver, multi-vehicle, air bags, and good student.
  • AAA offers premium reductions for good student, AAA membership discount, good driver, multi-policy, multi-car, and pay-in-full.

It’s a good idea to ask all the companies what discounts are available to you. Discounts might not be offered in your area. If you would like to see a list of insurance companies with discount rates, click this link.

Reduce insurance rates with these tips

A large part of saving on insurance is knowing the rating factors that come into play when calculating your policy premiums. When consumers understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that may reward you with cheaper rates.

The itemized list below are some of the things that factor into your prices.

  • Never let your insurance policy lapse – Allowing your insurance policy to lapse is a sure-fire way to drive up your policy premiums. In addition to paying higher premiums, failure to provide proof of insurance could result in a hefty fine and possibly a revoked license. You may have to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Consider raising deductibles – Insurance for physical damage to your car, also called ‘full coverage’, helps pay for damage to your vehicle. Some examples of covered claims could be a windshield shattered by a rock, damage caused by hail, and having your car stolen. Physical damage deductibles define the amount the insured will be required to pay if a claim is determined to be covered. The more expense you are required to pay out-of-pocket, the better rate you will receive for RC 300 coverage.
  • Having a spouse can save on insurance – Getting married may cut your premiums on insurance. It means you’re more mature than a single person and it’s proven that married couples file fewer claims.
  • Liability insurance limits should be high – Liability insurance will afford coverage in the event that you are ruled to be at fault for causing personal injury or damage in an accident. It provides you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so do not skimp.
  • Does insurance coverage cost less for females? – Statistics have proven women tend to be less risk to insure than men. This data doesn’t prove that females are better drivers. Both sexes cause accidents in similar numbers, but the males have accidents that have higher claims. In addition to higher claims, males also have more aggressive citations like DWI (DUI) or reckless driving.
  • Safer vehicles mean better rates – Vehicles that have high safety ratings tend to be cheaper to insure. Safer cars help reduce the chance of injuries in an accident and lower rates of occupant injuries means your insurance company pays less which can result in lower premiums.

Tailor your insurance coverage to you

When buying adequate coverage, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if you might need an agent’s assistance.

  • Does my policy cover my teen driver if they drive my company car?
  • Will my insurance pay for OEM parts?
  • When can I cancel my policy?
  • What is medical payments coverage?
  • Am I covered if I wreck a rental car?
  • Are all vehicle passengers covered by medical payments coverage?
  • Why am I required to buy liability insurance?
  • Does my insurance cover a custom paint job?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It is quick, free and can help protect your family.

Truth in insurance coverage advertising

Consumers get pounded daily by advertisements that promise big savings by Allstate and Progressive. All the ads seem to make the promise about how much you will save if you change your insurance coverage policy to them.

How do they all make almost identical claims? This is how they do it.

Many companies give the best rates for the type of driver that will most likely be profitable. For example, a desirable risk may need to be over the age of 45, has a clear driving record, and drives newer vehicles. Any driver who fits those characteristics will get a cheap rate quote and is almost guaranteed to save when they switch companies.

Consumers who are not a match for those standards will see a more expensive rate which results in the customer buying from a different company. The ads say “customers who switch” but not “all drivers who get quotes” save that kind of money. That’s why companies can truthfully state the savings. Because every company is different, it’s extremely important to quote coverage with many companies. Because you cannot predict which insurance companies will have the best rates.

Insurance coverage breakdown

Understanding the coverages of your insurance policy helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverages available from insurance companies.

UM/UIM Coverage – This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Lexus RC 300.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Collision coverages – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like damaging your car on a curb, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision – Comprehensive insurance covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a deer, damage from a tornado or hurricane, vandalism, damage from getting keyed and hail damage. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability car insurance – Liability insurance will cover damages or injuries you inflict on other people or property by causing an accident. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability insurance covers claims like repair costs for stationary objects, bail bonds, medical services, emergency aid and medical expenses. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.

Medical costs insurance – Coverage for medical payments and/or PIP kick in for bills such as hospital visits, nursing services, doctor visits, prosthetic devices and chiropractic care. They can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants as well as being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Never pay more for less

As you prepare to switch companies, do not buy poor coverage just to save money. In too many instances, an accident victim reduced uninsured motorist or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. The goal is to buy the best coverage you can find at a price you can afford.

Cheap 2018 Lexus RC 300 insurance is available online and with local insurance agents, and you should compare rates from both to get a complete price analysis. Some insurance providers do not offer online price quotes and usually these regional insurance providers work with independent insurance agents.

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