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Lexus RX 300 Insurance Cost

Drivers have lots of options when finding cheaper insurance coverage on your Lexus vehicle. You can either contact your neighborhood insurance agent or price shop online to compare rates from insurance providers. Finding cheaper car insurance by comparing rates online is simple to do, plus you will probably save money.

Finding the best direct price on car insurance can be difficult if you have never used online quoting. But relax because there is an easy way to compare rates. To find the best car insurance prices, there are several ways to compare rate quotes from car insurance companies in your area. The easiest way by far to compare Lexus RX 300 insurance rates is to perform an online rate comparison. This can be done by comparing rates here.

Premiums are calculated by these things

Insurance rates paid to insure a Lexus RX 300 can fluctuate considerably subject to many criteria. Including but not limited to:

  • More performance equals higher cost
  • Accidents raise premiums
  • Home/auto policy bundles save money
  • How you use your vehicle
  • Add-on coverages such as rental reimbursement
  • Your profession
  • The amount of protection requested
  • Home ownership saves money

One last important factor which can affect the rate you pay on your Lexus is the year of manufacture. Models that are a few years old have a lower value so the costs to repair can decrease annual premiums. But new Lexus models may have options including adaptive cruise control, lane departure warning system, and pedestrian detection which may lower rates.

To get more specific information about how much rates will be for your vehicle, select the year of your RX 300 from the list below.

Auto liability insurance

Lexus RX 300 liability coverage provides protection from damage or injury you incur to a person or their property that is your fault. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. This coverage is usually fairly inexpensive so purchase as high a limit as you can afford.

Collision protection

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive insurance

This pays for damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage. The most your car insurance company will pay is the market value of your vehicle, so if it's not worth much more than your deductible consider removing comprehensive coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when the "other guys" either have no liability insurance or not enough. Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like EMT expenses, pain medications, and nursing services. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay.

How Much are Lexus RX 300 Insurance Rates?