1998 Lexus SC 400 Insurance Quotes

There isn’t a single person who looks forward to paying for insurance coverage, especially knowing they could find lower prices if they just compared rates.

You have so many car insurance companies to insure vehicles with, and although it’s a good thing to have multiple companies, more choices can make it harder to locate the cheapest rates.

The cheapest insurance coverage

There are several ways of comparing price quotes from lots of insurance coverage companies. The best method to lower the rate you pay for 1998 Lexus SC 400 insurance involves getting comparison quotes online. It is quite easy and can be accomplished in a couple minutes as outlined below.

  1. The easiest and least time consuming way to get quotes is to use a rate comparison form like this one (opens in new window). This style of form eliminates the need for separate quotation requests to each individual insurance coverage company. Completing one form gets you coverage quotes from multiple low-cost companies.
  2. A slightly less efficient method to compare prices requires you to visit each company’s website and complete a new quote form. For examples sake, let’s assume you want to compare rates from Auto-Owners, Liberty Mutual and Allstate. You would have to spend time going to each site individually and repeatedly type in your coverage information, which can get rather old. To view a list of companies in your area, click here.
  3. The least efficient and most time consuming method to compare price quotes to local insurance agencies. The internet eliminates the need for an insurance agent unless you’re the type of person who wants the professional abilities that only an agent can give. However, consumers can compare the best prices online but purchase the actual policy in an agency.

It’s up to you which method you use, but double check that you are using identical coverages with every price quote. If you are comparing different values for each quote then you won’t be able to make an equal comparison. Slightly different coverages could throw off the whole comparison. Keep in mind that comparing a wide range of rates gives you a better chance of getting a better price. Some smaller insurers to not give online price quotes, so you should also compare price quotes from the smaller companies as well.

Tailor your auto insurance coverage to you

When buying coverage, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. For instance, these questions can help discover if your situation will benefit from professional help.

  • Does coverage extend to a rental car in a foreign country?
  • Should I buy additional glass protection?
  • Do I need more liability coverage?
  • Is my teen driver covered when they drive my company car?
  • What is an SR-22 filing?
  • What is medical payments coverage?
  • Why do I need rental car insurance?
  • Are my tools covered if they get stolen from my vehicle?
  • Why am I required to buy liability insurance?
  • Am I insured when driving a different vehicle?

If you can’t answer these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Parts of your insurance policy

Knowing the specifics of your insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most insurance policies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and damage to your Lexus SC 400.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive auto coverage

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like rock chips in glass, hail damage, hitting a bird and theft. The maximum payout your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Auto liability insurance

Liability coverage provides protection from damage that occurs to people or other property by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Occasionally you may see a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like repair costs for stationary objects, bail bonds, attorney fees, medical services and emergency aid. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Collision protection

This coverage pays for damage to your SC 400 caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like crashing into a ditch, colliding with another moving vehicle, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for bills for prosthetic devices, surgery, funeral costs and X-ray expenses. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible