Save on 1999 Lexus LS 400 Insurance Quotes

Trying to find the cheapest car insurance rates for your Lexus LS 400? Are you tired of being strong-armed to pay your car insurance bill each month? You are no different than many other drivers.

Many insurance companies compete for your insurance dollar, and because of this it can be hard to compare insurance companies and uncover the absolute best rate

Lexus LS 400 rates are complex

An important part of buying insurance is that you know the different types of things that go into determining the rates you pay for car insurance. Having a good understanding of what determines base rates helps enable you to make changes that can help you get big savings.

Listed below are a partial list of the pieces that factor into your rates.

  • Bad driving skills means higher rates – Good drivers tend to pay less for car insurance than people who have multiple driving citations. Only having one moving violation can increase rates twenty percent or more. If you have severe violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
  • Rate your vehicle for proper use – The more you drive in a year’s time the higher your rate. Most companies apply a rate based on their usage. Cars left parked in the garage can get a lower rate than vehicles that are driven to work every day. Make sure your car insurance policy properly reflects the correct driver usage, because it can save money. If your policy improperly rates your LS 400 can cost quite a bit.
  • Better crash test results mean better rates – Safer cars are cheaper to insure. The safest vehicles have better occupant injury protection and better occupant protection translates into fewer and smaller insurance claims and thus lower rates. If the Lexus LS 400 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Men pay higher rates – Statistics show women are more cautious behind the wheel. Now that doesn’t mean women are BETTER drivers than men. They both have accidents at a similar rate, but the male of the species tend to have more serious accidents. Men also tend to receive more costly citations like DUI and reckless driving.
  • How many coverages with the same company – Most car insurance companies will give a discount to policyholders who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, you still need to comparison shop to make sure you are getting the best deal.
  • How your age affects price – Mature drivers are viewed as being more responsible, tend to cause fewer accidents and are safer drivers. Youthful drivers are known to be more careless in a vehicle therefore car insurance rates are much higher.

Comprehensive Insurance Coverage Comparison

There are a variety of methods to shop for 1999 Lexus LS 400 insurance coverage, but one way is less labor-intensive and much quicker. You can spend your afternoon talking about coverages with insurance companies in your area, or you can stay home and use online quoting to maximize your effort.

Most major companies belong to a marketplace where insurance shoppers only type in their quote data once, and at least one company returns a rated price based on that information. This prevents consumers from doing quotation requests for each company you want a rate for.

To compare 1999 Lexus LS 400 rates now click here to start a free quote.

The only downside to comparing rates this way is you can’t choose which carriers you will receive quotes from. So if you prefer to choose specific insurance companies to receive pricing from, we have assembled a list of the cheapest insurance coverage companies in your area. Click here to view list.

Whichever way you use, be sure to compare exactly the same coverages for every quote you compare. If you compare different limits and deductibles on each one it will be next to impossible to decipher which rate is best. Having just a slight variation in limits may result in a large different in cost. And when quoting insurance coverage, remember that comparing more company’s prices helps you find better pricing.

Switch companies and save? Really?

Auto insurance companies such as Progressive, Allstate and GEICO regularly use ads on television and other media. They all seem to say the same thing about savings if you move to their company. But how can every company make the same claim?

All companies have a preferred profile for the right customer they prefer to insure. An example of a preferred risk could possibly be a mature driver, has no prior claims, and drives less than 7,500 miles a year. A customer that hits that “sweet spot” will qualify for the lowest rates and therefore will pay quite a bit less when switching companies.

Drivers who do not match the requirements will be charged a higher premium and ends up with the customer not buying. The ads say “people who switch” not “people who quote” save that kind of money. That’s the way insurance companies can confidently advertise the savings. That is why it is so important to compare as many rates as you can. It is impossible to predict the company that will fit your personal profile best.

Do you qualify for a discount?

Companies that sell car insurance don’t always advertise every available discount very well, so we researched some of the best known and also the lesser-known ways to save on insurance coverage.

  • Claim Free – Good drivers with no accidents pay much less when compared with bad drivers.
  • Anti-theft Discount – Anti-theft and alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Memberships – Being a member of certain professional organizations may earn a discount on insurance coverage for LS 400 coverage.
  • Good Student Discount – This discount can earn a discount of 20% or more. This discount can apply until age 25.
  • Safe Driver Discount – Insureds without accidents can pay as much as 50% less for LS 400 coverage than drivers with accident claims.
  • Driver’s Ed – Have your child take driver’s ed class if offered at their school.

A little note about advertised discounts, some of the credits will not apply to all coverage premiums. Most cut specific coverage prices like liability and collision coverage. So despite the fact that it appears it’s possible to get free car insurance, it just doesn’t work that way.

Car insurance companies that possibly offer these discounts include:

It’s a good idea to ask each company how you can save money. Some discounts might not be offered everywhere.

What coverages do I need?

When choosing coverage, there is no cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that can help discover if your situation will benefit from professional help.

  • Is my nanny covered when driving my vehicle?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Am I covered when delivering products for my home-based business?
  • What if I owe more than I can insure my car for?
  • Is a fancy paint job covered?
  • Will filing a claim cost me more?
  • Should I get collision insurance on every vehicle?
  • Is motorclub coverage worth it?
  • Can I pay claims out-of-pocket if I buy high deductibles?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Auto insurance coverage options for a 1999 Lexus LS 400

Understanding the coverages of your policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on most auto insurance policies.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses such as hospital visits, X-ray expenses and prosthetic devices. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to any family member struck as a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive (Other than Collision)

This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things like rock chips in glass, vandalism, theft, a tree branch falling on your vehicle and fire damage. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability insurance

Liability insurance protects you from damages or injuries you inflict on other people or property by causing 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: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability insurance covers things such as structural damage, court costs and repair costs for stationary objects. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Collision insurance

Collision insurance pays for damage to your LS 400 from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as backing into a parked car, crashing into a ditch, colliding with a tree, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible to bring the cost down.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Lexus LS 400.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Save for a rainy day

While you’re price shopping online, do not skimp on critical coverages to save a buck or two. Too many times, an insured dropped liability coverage limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

We just showed you a lot of tips how to save on 1999 Lexus LS 400 insurance. The key thing to remember is the more price quotes you have, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from some of the lesser-known companies. These companies may cover specific market segments cheaper than their larger competitors like Allstate, GEICO and Progressive.

Cost effective insurance can be sourced on the web as well as from independent agents, and you need to comparison shop both to have the best rate selection. Some companies don’t offer the ability to get a quote online and these regional insurance providers work with independent agents.

For more information, feel free to browse the resources below: