Lower Your 1994 Lexus GS 300 Car Insurance Quotes

Tired of robbing Peter to pay Paul each month for car insurance? You’re in the same situation as millions of other consumers.

With so many options, it can be impossible to choose the most cost effective car insurance company.

Finding the best rates is not that difficult. If you have car insurance now, you will be able to cut costs considerably using this strategy. But car owners should learn how the larger insurance companies market on the web and apply this information to your search.

Comprehensive Car Insurance Comparison Quotes

There are multiple methods to shop for 1994 Lexus GS 300 car insurance, and some are easier and takes less work. You could spend the better part of a day driving to local insurance agents in your area, or you could use the web to achieve your goal.

All the larger companies participate in a marketplace where prospective buyers only type in their quote data once, and each company can give them a price based on the submitted data. This saves time by eliminating quote requests for each company you want a rate for.

To find out how much you’re overpaying now click here (opens in new window).

The one disadvantage to pricing coverage this way is that consumers can’t choose which companies you want to price. So if you want to select specific providers to compare prices, we have a listing of car insurance companies in your area. View list of insurance companies.

It doesn’t matter which method you choose, just make sure you use apples-to-apples coverages for each comparison quote. If you enter different deductibles it’s impossible to determine which rate is truly the best. Quoting even small variations in coverage limits may cause a big price difference. And when comparing car insurance rates, know that quoting more helps locate a better price.

Take discounts and save

Companies don’t list every available discount very well, so here is a list both well-publicized and the more hidden ways to save on auto insurance.

• Military Discounts – Being deployed with a military unit could mean lower rates.
• Seat Belts Save – Drivers who require all occupants to use their safety belts can save 10% or more off your medical payments premium.
• Sign Early and Save – A few companies offer discounts for switching to them prior to your current policy expiring. It can save you around 10%.
• Discount for Life Insurance – Companies who offer life insurance give lower rates if you buy a life insurance policy as well.
• Accident Waiver – A few companies will allow you to have one accident before your rates go up if your claims history is clear prior to the accident.
• Distant Student – Children who live away from home without a vehicle on campus can receive lower rates.
• Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.
• Braking Control Discount – Vehicles equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.
• Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class in school.

Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So when it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous.

To see a list of insurers with discount auto insurance rates, click this link.

Which policy gives me the best coverage?

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. For example, these questions could help you determine if your situation might need an agent’s assistance.

• Do I have coverage if my license is suspended?
• When does my teenage driver need to be added to my policy?
• Should I carry comprehensive and collision coverage?
• When should I not file a claim?
• What are the best liability limits?
• Do I need PIP coverage since I have good health insurance?
• Which is better, split liability limits or combined limits?
• Do I have coverage when using my vehicle for my home business?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area.

Specifics of your insurance policy

Learning about specific coverages of your insurance policy aids in choosing the best coverages for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Shown next are the usual coverages offered by insurance companies.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for prosthetic devices, doctor visits, nursing services and hospital visits. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available and may carry a deductible

Collision coverage – This will pay to fix damage to your GS 300 resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as crashing into a building, damaging your car on a curb, sideswiping another vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Liability coverages – Liability coverage will cover damages or injuries you inflict on a person or their property that is your fault. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as medical services, loss of income, repair costs for stationary objects and court costs. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Comprehensive (Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as rock chips in glass, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Lexus GS 300.

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 is important protection for you and your family.