1999 Lexus RX 300 Insurance Rates

Nobody I know likes having to buy insurance coverage, especially when their premiums are through the roof.

Companies like Allstate, Liberty Mutual and State Farm constantly bombard you with TV and radio ads and it is difficult to not get sucked in by the cute commercials and find the best price available.

How to reduce 1999 Lexus RX 300 insurance rates

Companies that sell car insurance do not advertise all their discounts in an easy-to-find place, so here is a list some of the best known and the more hidden ways to save on insurance.

  • Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more off your PIP or medical payments premium.
  • Discounts for Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less for RX 300 insurance than drivers with accidents.
  • Clubs and Organizations – Participating in a professional or civic organization may earn a discount on your policy for RX 300 insurance.
  • Theft Prevention System – Cars that have factory anti-theft systems can help prevent theft and will save you 10% or more.
  • Senior Discount – Mature drivers can possibly qualify for reduced rates for RX 300 insurance.
  • Accident Waiver – Some insurance companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims for a particular time prior to the accident.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower premiums.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
  • Good Student – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • No Accidents – Drivers with accident-free driving histories can earn big discounts compared to drivers who are more careless.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. Some only reduce individual premiums such as physical damage coverage or medical payments. So even though it sounds like you could get a free insurance policy, it doesn’t quite work that way.

To see a list of providers who offer insurance discounts, follow this link.

Auto Insurance Comparisons

Most major insurance companies give insurance quotes directly from their websites. Getting quotes is pretty easy as you just type in the coverage amounts you desire as detailed in the form. Behind the scenes, the system requests information on your driving record and credit history and provides a quote based on these and other factors. Online quotes makes comparing rates easy, but the time it takes to visit different websites and type in the same information is repetitive and time-consuming. But it’s absolutely necessary to perform this step if you are searching for lower prices.

A more efficient way to locate the lowest prices uses one form that obtains quotes from a bunch of companies at once. This type of form saves time, helps eliminate reptitive entry, and makes comparison shopping much more enjoyable. Immediately after submitting the form, it is rated and you are able to buy your choice of the pricing results. If you find a better price you simply finish the application and buy the new coverage. The entire process takes just a few minutes to complete and you’ll know if lower rates are available.

If you want to compare pricing, click here to open in a new tab and input your coverage information. To compare your current rates, we recommend that you enter coverages and limits just like they are on your policy. This makes sure you will get rate comparison quotes for similar insurance coverage.

Tailor your coverage to you

When buying coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine if you may require specific advice.

  • Are rock chip repairs covered?
  • Does my medical payments coverage pay my health insurance deductible?
  • Should I have combined single limit or split liability limits?
  • Why do I only qualify for high-risk insurance?
  • Which companies will insure high-risk drivers?
  • Will I be non-renewed for getting a DUI or other conviction?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Auto insurance coverage considerations

Having a good grasp of your policy helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types available from auto insurance companies.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses such as chiropractic care, hospital visits and pain medications. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Lexus RX 300.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Auto collision coverage

Collision insurance pays for damage to your RX 300 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 claims such as damaging your car on a curb, colliding with another moving vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. It’s also possible to increase the deductible to bring the cost down.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from flooding, falling objects, damage from getting keyed and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability car insurance

This protects you from damages or injuries you inflict on other’s property or people that is your fault. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as bail bonds, structural damage and emergency aid. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

At the end of the day…

When shopping online for insurance coverage, never skimp on critical coverages to save a buck or two. There have been many situations where drivers have reduced full coverage only to find out that the small savings ended up costing them much more. The ultimate goal is to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

Low-cost 1999 Lexus RX 300 insurance can be bought both online and also from your neighborhood agents, and you need to comparison shop both to have the best chance of lowering rates. A few companies may not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

Even more information is available by following these links: