2017 Lexus IS 300 Car Insurance Rates

Did you fall for a flashy sales pitch and buy high-priced insurance coverage? Say no more because many consumers are in the same pinch. Since you have so many insurance companies to choose from, it is hard for the average consumer to pick the most cost effective company.

Finding affordable coverage is quite easy. If you have a current insurance policy or are shopping for new coverage, you can use these techniques to find better prices and still get good coverage. Drivers just need to understand the best way to buy insurance online.

Save a ton by getting discounts

Some companies do not advertise every discount they offer very well, so below is a list both the well known in addition to some of the lesser obvious discounts that may be available.

  • Memberships – Having an affiliation with specific professional or occupational memberships or organizations can get you a small discount on your policy.
  • Driver Training Discounts – Successfully completing a course teaching driver safety skills may get you a small discount and also improve your driving technique.
  • Accident Forgiveness – but a handful of insurance companies may permit one accident before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.
  • Drive Safe and Save – Drivers who don’t get into accidents can pay as much as 50% less for IS 300 coverage as compared to drivers with claims.
  • Drive Less and Save – Driving less can earn cheaper rates.
  • Smart Student Discounts – Excelling in school may save as much as 25% on a insurance quote. You can use this discount normally up to age 25.

Don’t be shocked that most discounts do not apply to the entire cost. Most only cut the price of certain insurance coverages like comp or med pay. Just because it seems like it’s possible to get free car insurance, that’s just not realistic.

Companies that possibly offer these money-saving discounts include:

When getting a coverage quote, ask all the companies the best way to save money. Depending on the company, some discounts may not apply in your area. To view insurers offering insurance coverage discounts, follow this link.

Where can I get the cheapest insurance?

Finding a better price on insurance can be quick and easy. The only thing you need to do is take a couple of minutes comparing rate quotes to find out which insurance company has low cost insurance quotes. Rate comparisons can be done in just a few minutes using one of these methods.

  1. The most recommended method to get quotes for comparison is an all-inclusive rate comparison like this one (opens in new window). This quick form saves time by eliminating separate quote forms for every prospective company. One form submission will return quotes direct from many companies.
  2. A less efficient way to compare rate quotes requires visiting the website for every company you want to comare to complete their respective quote request forms. For example, let’s assume you need rates from Liberty Mutual, State Farm and American Family. To get each rate you have to spend time going to each site individually to input your insurance information, which can be really labor intensive.

    To view a list of companies in your area, click here.

  3. The final way to shop rates is making phone calls or going to all the different insurance agencies. Shopping for insurance online reduces the need to sit down with an agent unless you have a complicated situation and need the guidance of an agent trained in personal lines coverage. However, consumers can find lower rates online but have a local agent actually write the policy.

You can choose any of those ways to find more affodable coverage, but make sure you use the same quote information on every price quote you get. If your comparisons have different data it will be impossible to determine the lowest rate for your Lexus IS 300.

Your auto insurance coverage should be tailored to you

When it comes to choosing coverage for your personal vehicles, there really is no single plan that fits everyone. Every situation is different and your policy should reflect that. For example, these questions can aid in determining whether your personal situation will benefit from professional help.

  • Should I sign the liability waiver when renting a car?
  • Does having multiple vehicles earn me a discount?
  • Am I covered if I wreck a rental car?
  • Is my 2017 Lexus IS 300 covered for flood damage?
  • Are split liability limits better than a combined single limit?
  • What is no-fault insurance?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Can I make deliveries for my home business?
  • Should I have a commercial auto policy?
  • Are my friends covered when driving my 2017 Lexus IS 300?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It only takes a few minutes and may give you better protection.

Insurance coverage considerations

Knowing the specifics of your insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverages found on most insurance policies.

Liability – Liability coverage provides protection from damages or injuries you inflict on a person or their property. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims such as loss of income, repair bills for other people’s vehicles, attorney fees, emergency aid and pain and suffering. How much liability coverage do you need? That is up to you, but buy as large an amount as possible.

Comprehensive or Other Than Collision – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, fire damage, a broken windshield and vandalism. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision coverages – Collision insurance covers damage to your IS 300 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like colliding with a tree, damaging your car on a curb, crashing into a ditch, rolling your car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Medical costs insurance – Med pay and PIP coverage reimburse you for expenses such as doctor visits, ambulance fees, surgery, chiropractic care and funeral costs. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your Lexus IS 300.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Save your cold hard cash

Some insurance coverage companies may not provide the ability to get a quote online and these regional carriers only sell coverage through local independent agents. Affordable 2017 Lexus IS 300 insurance can be purchased both online and from local insurance agents, so you should be comparing quotes from both to have the best rate selection.

We covered many tips how you can get a better price on 2017 Lexus IS 300 insurance. It’s most important to understand that the more price quotes you have, the higher your chance of finding cheaper insurance. You may even find the best price on insurance coverage is with some of the lesser-known companies. These smaller insurers may have significantly lower premium rates on certain market segments than their larger competitors like Progressive and GEICO.

Additional detailed information is located by following these links: