2017 Lexus RC 300 Insurance Quotes – 8 Tips to Save

Trying to find better auto insurance rates for your Lexus RC 300? Getting the lowest cost auto insurance may at first seem to be rather challenging for vehicle owners that are not comfortable with quoting and price shopping over the internet. With so many insurance agents and companies, how can vehicle owners efficiently compare every company to locate better rates?

It is always a good idea to quote other rates at least once a year since insurance prices tend to go up over time. Even if you got the lowest rates for RC 300 insurance a year ago you will most likely find a better premium rate today. Block out anything you think you know about auto insurance because we’re going to demonstrate the only way to buy cheaper auto insurance.

Eight discounts for cheap auto insurance rates

The price of auto insurance can be rather high, but there may be some discounts that may help make it more affordable. Most are applied at the time you complete a quote, but a few must be specially asked for prior to receiving the credit.

  • Bundled Policy Discount – If you insure your home and vehicles and place coverage with the same company you may save over 10 percent off each policy depending on the company.
  • Onboard Data Collection – Policyholders that allow their insurance company to track driving patterns remotely such as State Farm’s In-Drive could possibly reduce rates if they are good drivers.
  • Save with a New Car – Buying a new car instead of a used car can be considerably cheaper because new model year vehicles are generally safer.
  • Anti-lock Brake System – Cars, trucks, and SUVs with ABS and/or traction control can reduce accidents so companies give up to a 10% discount.
  • Early Signing – Some auto insurance companies provide a discount for renewing your policy before your current coverage expires. This discount can save up to 10%.
  • Accident-Free Discounts – Drivers with accident-free driving histories can earn big discounts as opposed to bad drivers.
  • Discounts for Multiple Vehicles – Buying a policy with several vehicles on a single policy can reduce the rates for all insured vehicles.
  • Distant Student – College-age children who live away from home at college and do not have a car can receive lower rates.

Drivers should understand that most credits do not apply to the entire policy premium. Most only reduce individual premiums such as physical damage coverage or medical payments. Despite the appearance that having all the discounts means you get insurance for free, nobody gets a free ride. Any amount of discount will bring down the amount you have to pay.

Car insurance companies that may include many of the previously listed discounts include:

When getting free insurance coverage quotes, it’s a good idea to each company or agent the best way to save money. Some credits might not be available to policyholders in your area.

How much is insurance?

When comparison shopping, there are several ways to compare rate quotes from all the different companies. The easiest way to find competitive 2017 Lexus RC 300 insurance rates consists of obtaining rate quotes online. This can be accomplished in a couple of different ways.

  1. Experts agree that the best way to compare a lot of rates at once is to use a rate comparison form like this one (opens in new window). This style of form prevents you from having to do repetitive form submissions for each price estimate. In just a few minutes this one form will return price quotes direct from many companies. This is by far the quickest method.
  2. A more difficult way to get quotes online requires you to visit the website for each individual company and get a separate price quote. For sake of this example, we’ll assume you want to get rates from Progressive, Safeco and GMAC. To find out each rate you need to visit each site and type in your information over and over, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.

The method you choose is up to you, but try to keep nearly identical quote information with every price quote. If each company quotes different coverage information it will be nearly impossible to truly determine the lowest rate. Slightly different insurance coverages or limits may cause a big price difference. And when comparison shopping, comparing a large number of companies helps locate a lower rate. Not every company allows you to get price estimates online, so it’s recommended that you also compare rates on coverage from those companies, too.

You may need specialized insurance coverage

When choosing the right insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover if your insurance needs might need an agent’s assistance.

  • Do I have newly-aquired coverage?
  • Where can I get insurance after a DUI in my state?
  • Should I get collision insurance on every vehicle?
  • Do I have coverage when making deliveries for my home business?
  • When would I need additional glass coverage?
  • Should I file a claim if it’s only slightly more than my deductible?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form.

Insurance coverages and their meanings

Learning about specific coverages of a insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Liability insurance

Liability insurance protects you from damages or injuries you inflict on other people or property. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for claims like attorney fees, structural damage and funeral expenses. How much liability should you purchase? That is up to you, but buy as much as you can afford.

Coverage for collisions

This pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like hitting a mailbox, backing into a parked car, sustaining damage from a pot hole and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for prosthetic devices, nursing services and doctor visits. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers

This gives you protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Lexus RC 300.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hail damage, a tree branch falling on your vehicle and hitting a deer. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

A penny earned…

Drivers change insurance companies for a number of reasons such as delays in responding to claim requests, delays in paying claims, extreme rates for teen drivers and even being labeled a high risk driver. It doesn’t matter why you want to switch choosing a new company is less work than it seems.

As you go through the steps to switch your coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. There are too many instances where an insured dropped physical damage coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to find the BEST coverage at the best possible price and still be able to protect your assets.

Affordable 2017 Lexus RC 300 insurance can be found both online in addition to many insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some insurance providers do not offer price quotes online and usually these small, regional companies prefer to sell through independent insurance agencies.

More detailed car insurance information can be found by following these links: