1995 Lexus SC 400 Car Insurance Quotes – 7 Policy Discounts

Are you a victim of an underperforming, overpriced auto insurance policy? Believe me when I say there are many consumers feeling the pinch from expensive auto insurance.

Many insurance companies compete for your hard-earned dollar, and because of this it can be hard to compare auto insurance companies to discover the definitive lowest rate possible.

How to Compare Insurance Coverage

To find the best insurance coverage prices, there are several ways of comparing rates and find the best price. The quickest method to find the lowest 1995 Lexus SC 400 rates involves getting comparison quotes online. It is quite easy and can be accomplished in several different ways.

1. The easiest and least time consuming way to find the lowest comparison rates would be an industry-wide quote request form (click to open form in new window). This method prevents you from having to do repetitive form entry for each company you want a rate for. One form will return quotes from multiple companies.
2. A more difficult way to compare prices requires a trip to each company website and fill out their own quote form. For example, we’ll assume you want to compare Farmers, 21st Century and Liberty Mutual. To get each rate you have to spend time on each company’s site and enter your policy data, which is why the first method is quicker.

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

However you get your quotes, make darn sure you compare identical deductibles and coverage limits for every quote you compare. If each company quotes different values for each quote it will be impossible to find the best deal for your Lexus SC 400. Having just a slight variation in insurance coverages could mean much higher rates. Just remember that getting more free quotes helps you find a lower rate.

More discounts equal less premium

Companies that sell car insurance don’t always list every available discount very well, so here is a list both the well known and also the lesser-known ways to save on auto insurance.

• Pay Now and Pay Less – If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
• Defensive Driver – Successfully completing a course in driver safety could possibly earn you a 5% discount if you qualify.
• Save with a New Car – Buying coverage on a new vehicle can save up to 30% because new vehicles have to meet stringent safety requirements.
• Good Student – Performing well in school can save 20 to 25%. The discount lasts up until you turn 25.
• Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.
• Multi-policy Discount – When you combine your home and auto insurance with one company you will save at least 10% off all policies.
• College Student – Youth drivers who live away from home and do not have a car can receive lower rates.

Drivers should understand that most discount credits are not given to the entire policy premium. Most only apply to individual premiums such as physical damage coverage or medical payments. Just because it seems like all those discounts means the company will pay you, companies don’t profit that way.

For a list of providers offering auto insurance discounts, click this link.

It’s not one size fits all

When it comes to choosing coverage for your personal vehicles, there really is not a “perfect” insurance plan. Each situation is unique so your insurance needs to address that. For example, these questions may help you determine whether or not you would benefit from professional advice.

• Why does it cost so much to insure a teen driver?
• Do I have coverage when using my vehicle for my home business?
• Should I get collision insurance on every vehicle?
• I don’t drive much so do I pay less?
• Is my state a no-fault state?
• Do I have coverage when pulling a U-Haul trailer?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Auto insurance coverage information

Knowing the specifics of a insurance policy can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and coverage can change by endorsement. Shown next are typical coverages offered by insurance companies.

Comprehensive insurance – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as a tree branch falling on your vehicle, hail damage and fire damage. The most your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Coverage for medical expenses – Coverage for medical payments and/or PIP provide coverage for bills like dental work, doctor visits, nursing services, ambulance fees and surgery. They are often used in conjunction with a health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Liability coverage – This coverage can cover injuries or damage you cause to other people or property. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability insurance covers claims such as funeral expenses, emergency aid, bail bonds and legal defense fees. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Collision – Collision insurance will pay to fix damage to your SC 400 resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as scraping a guard rail, crashing into a ditch and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Lexus SC 400.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.