View 2018 Lexus IS 300 Insurance Rates

Do you get exhausted from paying out the nose to keep your car insured? You are in the same boat as millions of other people.

Companies like GEICO, Progressive and Allstate all promote huge savings with ad campaigns and consumers find it hard to see through the deception and do the work needed to find the best deal.

How to get free insurance coverage quotes online

Comparing insurance coverage rates can take hours if you don’t know the most efficient way. You can spend your afternoon discussing policy coverages with local insurance agents in your area, or you can utilize online quoting to get prices fast.

Most of the best insurance companies belong to an insurance system that enables customers to enter their coverage request one time, and each company returns a rated price based on that data. This eliminates the need for quote forms for every insurance coverage company.

To compare rates now click here to open in new window.

The one downside to using this type of system is that you can’t choose which providers you want pricing from. So if you prefer to pick specific insurance companies to compare rates, we put together a list of low cost insurance coverage companies in your area. Click here to view list.

The approach you take is up to you, just try to use the same quote data on every quote you get. If you use different liability limits it will be very difficult to determine the best price for your Lexus IS 300. Just slight variations in coverages may result in large price differences. And when price shopping your coverage, comparing more rates from different companies will increase your chances of finding the best price. Some companies don’t provide online price quotes, so it’s recommended that you also compare rates from them, too.

How do I know if I need professional advice?

When buying the right insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different and a cookie cutter policy won’t apply. For example, these questions may help you determine whether or not you might need an agent’s assistance.

• Who is covered when they drive my 2018 Lexus IS 300?
• How much liability insurance is required?
• Exactly who is provided coverage by my policy?
• Is rental equipment covered for theft or damage?
• Are rock chip repairs covered?
• Do I need PIP (personal injury protection) coverage in my state?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

The coverage is in the details

Learning about specific coverages of a car insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are the normal coverages found on the average car insurance policy.

Liability auto insurance

This can cover damage that occurs to people or other property in an accident. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability can pay for things like medical services, repair costs for stationary objects, attorney fees, emergency aid and funeral expenses. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Lexus IS 300.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like ambulance fees, prosthetic devices, pain medications, surgery and EMT expenses. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Coverage for collisions

This coverage will pay to fix damage to your IS 300 from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like damaging your car on a curb, colliding with another moving vehicle, hitting a mailbox, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Comprehensive coverage

This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like theft, damage from getting keyed, hitting a deer, hitting a bird and a broken windshield. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.