How Much Does 1997 Lexus SC 400 Insurance Cost?

Are you overwhelmed by the crazy number of insurance coverage choices? You have a lot of company. People have so many options that it can quickly become a big hassle to find the best price.

It’s a good idea to get comparison quotes on a regular basis because rates are usually higher with each renewal. Even if you think you had the best deal for SC 400 insurance on your last policy you can probably find a better price now. Forget anything you know (or think you know) about insurance coverage because we’re going to demonstrate one of the best ways to lower your rates without sacrificing coverage.

Which Auto Insurance is Cheapest?

There are several ways of comparing rate quotes from local auto insurance companies. By far the easiest way to find competitive 1997 Lexus SC 400 insurance rates is to get quotes online. This is very easy and can be done using a couple different methods.

One of the simplest ways to find the lowest comparison rates is a comparison rater form (click to open form in new window). This easy form eliminates the need for repetitive form submissions to each individual auto insurance company. A single, simple form compares rates instantly. Recommended for those who want to invest the least amount of time.
A slightly less efficient method to obtain and compare quotes online consists of visiting each company’s website to complete a price quote. For instance, let’s assume you want rates from Progressive, Allstate and American Family. To get rate quotes you would need to spend time on each company’s site and enter your policy data, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.

Whichever method you choose, compare the exact same deductibles and coverage limits on every quote you get. If each company quotes differing limits it’s impossible to make an equal comparison. Slightly different limits may result in a large different in cost. Keep in mind that obtaining a wide range of quotes helps you find the best price.

How do I know if I need professional advice?

When buying the right insurance coverage, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s.

Here are some questions about coverages that can aid in determining whether or not you might need professional guidance.

Is my business laptop covered if it gets stolen from my vehicle?
What exactly is covered by my policy?
How does medical payments coverage work?
Is a new car covered when I drive it off the dealer lot?
Are my friends covered when driving my 1997 Lexus SC 400?
Am I covered if I wreck a rental car?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form.

Car insurance coverage information

Knowing the specifics of your auto insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from 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 coverage protects against claims like a broken windshield, hitting a bird, falling objects, fire damage and damage from flooding. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability auto insurance

This coverage can cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like structural damage, bail bonds, funeral expenses, repair costs for stationary objects and emergency aid. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for surgery, prosthetic devices, nursing services, chiropractic care and pain medications. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Coverage for collisions

Collision coverage pays for damage to your SC 400 resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as driving through your garage door, sideswiping another vehicle and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Lexus SC 400.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.