2014 Lexus LS 600h L Car Insurance Rates – 9 Tricks for Cheapest Quotes

There isn’t a single person who fancies paying their premiums for auto insurance, in particular when they could find lower prices if they just compared rates.

You have so many auto insurance companies to choose from, and though it is a good thing to have a selection, more options can take longer to get the best deal.

You should take the time to quote other rates yearly because auto insurance rates change quite often. If you had the best premium rates on LS 600h L coverage on your last policy there may be better deals available now. Forget anything you know (or think you know) about auto insurance because you’re about to learn the tricks you need to know to save money, get proper deductibles and limits, all at the lowest rate.

How much is car insurance?

There are a lot of ways to shop for car insurance, but some are less labor-intensive and much quicker. You can waste a lot of time talking about coverages with insurance agencies in your area, or you can stay home and use the internet to achieve your goal.

Many popular insurance companies enroll in a system that enables customers to only type in their quote data once, and at least one company can give them a price. This system prevents you from having to do quote forms for each company.

To access this free quoting program, click here to open in new window.

The one disadvantage to using this type of form is you are unable to specify which providers you want pricing from. If you would rather choose specific providers to compare prices, we put together a list of the cheapest car insurance companies in your area. Click here to view list.

Whichever way you use, be sure you’re using the same coverage information on every quote you get. If each company quotes different data it’s impossible to find the best deal for your Lexus LS 600h L. Quoting even small variations in coverage limits could throw off the whole comparison. It’s important to know that obtaining a wide range of quotes will increase your chances of finding better pricing. Some regional insurers cannot provide price estimates online, so you should also compare prices from those companies as well.

Get cheaper car insurance with discounts

Insuring your fleet can be pricey, but you might already qualify for some discounts to reduce the price significantly. Most are applied at quote time, but some must be manually applied before you get the savings.

• No Claim Discounts – Drivers who don’t have accidents get the best car insurance rates compared to frequent claim filers.
• Discounts for Multiple Vehicles – Having several vehicles on one policy may reduce the rate for each vehicle.
• Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% on LS 600h L coverage with certain companies.
• Pay Upfront and Save – If you can afford to pay the entire bill instead of making monthly payments you could save 5% or more.
• Discounts for Seat Belt Usage – Drivers who require all vehicle occupants to fasten their seat belts can save up to 15% on medical payment and PIP coverage.
• Life Insurance – Select insurance companies reward you with better rates if you take out some life insurance in addition to your auto policy.
• Low Mileage Discounts – Keeping the miles down on your Lexus could qualify for lower rates due to less chance of an accident.
• Drive Safe and Save – Accident-free drivers may save up to 50% more on LS 600h L coverage than drivers with accidents.
• Defensive Driver Discounts – Participating in a defensive driver class could earn you a small percentage discount if your company offers it.

Don’t be surprised that some credits don’t apply to the entire cost. Most only cut the cost of specific coverages such as liability and collision coverage. So even though you would think you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will help reduce your overall bill.

For a list of car insurance companies with discount rates, click here to view.

Tailor your car insurance coverage to you

When buying coverage for your vehicles, there really is no cookie cutter policy. Each situation is unique and a cookie cutter policy won’t apply. These are some specific questions can help discover whether you may require specific advice.

• Is my 2014 Lexus LS 600h L covered for smoke damage?
• I have a DUI can I still get coverage?
• Am I covered if I crash into my own garage door?
• Is a fancy paint job covered?
• What is medical payments coverage?
• Should I sign the liability waiver when renting a car?
• Is my trailer covered?
• What is the minimum liability in my state?
• Am I covered when driving in Canada or Mexico?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Specific coverages for a Lexus LS 600h L

Having a good grasp of a insurance policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types found on the average insurance policy.

Liability

Liability coverage protects you from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as medical expenses, court costs, funeral expenses and legal defense fees. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive coverages

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like a tree branch falling on your vehicle, falling objects, vandalism and hail damage. The most 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 probably time to drop comprehensive insurance.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like prosthetic devices, dental work and hospital visits. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Auto collision coverage

This coverage covers damage to your LS 600h L resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like driving through your garage door, sustaining damage from a pot hole, backing into a parked car, rolling your car and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.