1997 Lexus GS 300 Car Insurance Quotes – 8 Ways to Save

Drivers have lots of choices when trying to find the best price on Lexus GS 300 insurance. You can either waste hours contacting agents getting price quotes or save time using the internet to get rate quotes. There is a right way and a wrong way to buy insurance and you need to know the quickest way to quote coverages for a Lexus and locate the cheapest rates.

Finding affordable coverage is not rocket science. If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using these tips. Vehicle owners only need to know the tricks to shop for auto insurance on the web.

How much is insurance?

Cutting your insurance rates can be surprisingly simple. You just have to spend a little time getting comparison quotes to find out which insurance company has low cost car insurance quotes. This can be done using a couple different methods.

  1. The single most time-saving way consumers can analyze rates would be an industry-wide quote request form (click to open form in new window). This method keeps you from doing separate quote forms for each price estimate. One quote request gets you coverage quotes from insurance companies with the best prices. Recommended for those who want to invest the least amount of time.
  2. Another way to compare prices consists of going to the website for each individual company and repeat the quote process. For sake of this example, let’s say you want to see prices from Farmers, GEICO and American Family. To get each rate you have to visit each site and punch in your information repeatedly, which explains why we recommend starting with the first method.

    For a list of links to companies insuring cars in your area, click here.

  3. The least efficient way to compare rates is actually driving to and from local insurance agencies. Buying insurance online has reduced the need for local agents unless you have a complicated situation and need the professional guidance that only a licensed agent can provide. Although, it is possible comparison shop online but buy from a local insurance agent.

You can use whichever method you prefer to find lower rates, just make absolute certain that you use the same coverages on every price quote you get. If you enter different limits and deductibles on each one you will not be able to truly determine the lowest rate.

Car insurance companies offer lots of discounts

Some providers do not list every possible discount in an easy-to-find place, so the list below contains a few of the more well known as well as some of the hidden car insurance savings. If you check and find you aren’t receiving every discount available, you’re just leaving money on the table.

  • Air Bags and Passive Restraints – Options like air bags or motorized seat belts can get savings of 20 to 30 percent.
  • Discount for Low Mileage – Low mileage vehicles may allow you to get lower rates due to less chance of an accident.
  • Driver Training Discounts – Successfully completing a course that instructs on driving safety can save you 5% or more and also improve your driving technique.
  • Claim-Free Discount – Drivers who don’t have accidents get the best car insurance rates when compared with accident-prone drivers.
  • Employee of Federal Government – Being employed by or retired from a federal job may reduce rates when you quote car insurance for GS 300 insurance with some car insurance companies.
  • Waiver for an Accident – This isn’t a discount exactly, but certain companies will let one accident slide before they charge you more for coverage if you are claim-free prior to the accident.
  • Discount for Multiple Policies – If you insure your home and vehicles with one insurance company you will save up to 20% off your total premium.
  • Anti-lock Brakes – Cars, trucks, and SUVs that have steering control and anti-lock brakes prevent accidents so you can save 10 percent or more.

One last thing about discounts, most discounts do not apply to the entire policy premium. Most cut individual premiums such as medical payments or collision. Even though it appears having all the discounts means you get insurance for free, you’re out of luck.

A partial list of companies that may offer quotes with most of these discounts possibly include:

When getting a coverage quote, ask all companies you are considering how you can save money. Some of the discounts discussed earlier might not be offered on policies in your state. To view companies that offer multiple discounts, click here to view.

Do I just need basic coverages?

When it comes to choosing coverage, there isn’t really a cookie cutter policy. Coverage needs to be tailored to your specific needs.

For instance, these questions can aid in determining whether or not you might need professional guidance.

  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Does medical payments coverage apply to all occupants?
  • Should I rate my 1997 Lexus GS 300 as pleasure use or commute?
  • Can I make deliveries for my home business?
  • Am I covered if I crash into my own garage door?
  • Do I need higher collision deductibles?
  • What companies insure drivers after a DUI or DWI?
  • Why is insurance for a teen driver so high?
  • How high should my uninsured/underinsured coverage be in my state?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and may give you better protection.

Specifics of your insurance policy

Understanding the coverages of insurance can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Lexus GS 300.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive (Other than Collision) – This 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 insurance covers things such as vandalism, theft and hitting a bird. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage – Collision coverage covers damage to your GS 300 resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as colliding with a tree, sideswiping another vehicle, colliding with another moving vehicle, driving through your garage door and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for expenses for things like prosthetic devices, chiropractic care and funeral costs. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Liability coverage – Liability insurance will cover damage that occurs to people or other property in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage pays for things such as legal defense fees, bail bonds, repair bills for other people’s vehicles and medical expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Buy online or local, you save

As you go through the steps to switch your coverage, make sure you don’t buy poor coverage just to save money. There are many occasions where an insured cut comprehensive coverage or liability limits only to discover later that it was a big mistake. Your strategy should be to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.

Insureds leave their current company for a number of reasons such as delays in paying claims, extreme rates for teen drivers, lack of trust in their agent or policy non-renewal. Regardless of your reason, choosing a new company is pretty easy and you might even save some money in the process.

Some insurance companies don’t offer online quoting and usually these regional insurance providers prefer to sell through independent agencies. Cheaper insurance can be bought both online and with local insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from.

More information can be found below: