2016 Lexus RC 200t Car Insurance Cost – 7 Tips for Cheaper Prices

Searching for the cheapest car insurance rates for your Lexus RC 200t? Have you finally had enough of not being able to scrape enough together to make your car insurance payment? Your situation is no different than millions of other drivers. With so many companies to choose from, it is hard for the average consumer to find the best car insurance company.

The method we recommend to get rate comparisons is to realize all the major auto insurance companies provide online access to provide you with a free rate quote. To begin a comparison, all you need to do is provide information including types of safety features, driver details, what you do for a living, and coverage limits. That rating data gets sent immediately to insurance carriers in your area and they respond with quotes with very little delay.

Affordable car insurance rates with discounts

Car insurance is not cheap, but you might already qualify for some discounts to cut the cost considerably. Some discounts will apply at the time of purchase, but some need to be asked about before being credited. If you don’t get every credit you qualify for, it’s possible you qualify for a lower rate.

  • More Vehicles More Savings – Drivers who insure multiple vehicles on one policy can get a discount for every vehicle.
  • Military Rewards – Being deployed in the military could qualify you for better rates.
  • Use Seat Belts – Forcing all vehicle occupants to buckle their seat belts can save up to 15% off the PIP or medical payment premium.
  • Discount for Low Mileage – Low annual miles could earn lower car insurancerates on the low mileage vehicles.
  • Responsible Driver Discount – Safe drivers can save as much as half off their rates on RC 200t insurance compared to rates paid by drivers with frequent claims.
  • Accident Waiver – Not really a discount, but some insurance companies will turn a blind eye to one accident without getting socked with a rate hike if you are claim-free prior to being involved in the accident.
  • Theft Prevention Discount – Vehicles optioned with advanced anti-theft systems help deter theft and earn discounts up to 10% off your auto insurance quote.

You should keep in mind that many deductions do not apply to your bottom line cost. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, it doesn’t quite work that way.

Large car insurance companies and some of the premium reductions they offer include:

  • Progressive may include discounts for multi-vehicle, online quote discount, good student, multi-policy, homeowner, online signing, and continuous coverage.
  • GEICO includes discounts for anti-lock brakes, anti-theft, military active duty, defensive driver, seat belt use, and federal employee.
  • State Farm discounts include Steer Clear safe driver discount, accident-free, passive restraint, Drive Safe & Save, good student, student away at school, and driver’s education.
  • Esurance offers discounts including defensive driver, emergency road assistance, paid-in-full, homeowner, DriveSense, online quote, and safety device.
  • The Hartford offers discounts for anti-theft, driver training, good student, air bag, and vehicle fuel type.

Before purchasing a policy, check with every company to apply every possible discount. Some discounts listed above may not be offered in your area. If you would like to see a list of insurance companies who offer car insurance discounts, click this link.

Tailor your insurance coverage to you

When it comes to buying adequate coverage for your vehicles, there really is not a one size fits all plan. Every insured’s situation is different and your policy should reflect that. These are some specific questions can aid in determining if your situation may require specific advice.

  • What is the rate difference between pleasure use and commuting?
  • Am I getting all the discounts available?
  • Should I bundle my homeowners policy with my auto?
  • Why am I required to buy high-risk coverage?
  • Are all vehicle passengers covered by medical payments coverage?
  • Can I rate high risk drivers on liability-only vehicles?
  • Am I covered when driving in Canada or Mexico?
  • Does my 2016 Lexus RC 200t need full coverage?
  • Do I need an umbrella policy?
  • What is covered by UM/UIM coverage?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.

Coverages available on your insurance policy

Learning about specific coverages of insurance aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on most insurance policies.

Comprehensive insurance

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like hail damage, damage from a tornado or hurricane, a tree branch falling on your vehicle and fire damage. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for EMT expenses, hospital visits, dental work and funeral costs. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

Collision coverage protection

This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like damaging your car on a curb, crashing into a building, rolling your car and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection from other drivers when they 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 2016 Lexus RC 200t.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages are set the same as your liablity limits.

Liability coverage

Liability insurance will cover injuries or damage you cause to other people or property in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers things like repair bills for other people’s vehicles, medical expenses and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.