Compare 1998 Lexus LS 400 Car Insurance Rates

Nobody cherishes buying auto insurance, in particular when they are paying too much.

Because you have many choices of insurance companies, it’s difficult to choose the lowest price insurance company.

It’s important to check auto insurance prices on a regular basis because rates are rarely the same from one policy term to another. Even if you got the lowest rates on LS 400 insurance a year ago other companies may now be cheaper. Starting right now, block out anything you think you know about auto insurance because we’re going to show you the fastest way to properly buy coverages and cut your premium.

How to Buy Auto Insurance Online

Most companies quote prices online. Getting quotes doesn’t take much effort as you simply type in the amount of coverage you want as requested by the quote form. Once you submit the form, the system will obtain credit information and your driving record and quotes a price. Being able to quote online makes comparing rates easy, but the time required to go to different websites and fill out multiple forms gets old quite quickly. But it’s very important to compare as many rates as possible in order to find the best price possible.

Quote rates the easy way

The easiest way to compare rates requires only one form to obtain quotes from a lot of companies. It’s a real time-saver, helps eliminate reptitive entry, and makes quoting online a lot less work. After sending the form, it is quoted and you can select any of the resulting price quotes.

If one or more price quotes are lower than your current rates, you can click and sign and purchase coverage. The whole process can be completed in a matter of minutes and may result in a nice savings.

To find out how much you can save on auto insurance, click here to open in new window and begin entering your coverage information. If you have your current policy handy, we recommend you enter coverages and limits identical to your current policy. This makes sure you’re receiving rate comparison quotes based on identical coverages.

When should I talk to an agent?

When it comes to choosing adequate coverage for your vehicles, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions may help you determine whether or not you might need an agent’s assistance.

  • How high should my uninsured/underinsured coverage be in my state?
  • What are the best liability limits?
  • Am I covered when pulling a rental trailer?
  • When do I need to add a new car to my policy?
  • Am I covered when delivering products for my home-based business?
  • Am I covered if I wreck a rental car?
  • How much underlying liability do I need for an umbrella policy?
  • Do I need motorclub coverage?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Auto insurance coverages explained

Learning about specific coverages of your auto insurance policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the usual coverages offered by auto insurance companies.

Liability coverage – Liability insurance will cover damage that occurs to a person or their property that is your fault. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Some companies may use one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers things like funeral expenses, repair costs for stationary objects, bail bonds and court costs. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

Collision coverage – Collision insurance covers damage to your LS 400 from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as sideswiping another vehicle, hitting a parking meter and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for immediate expenses such as nursing services, prosthetic devices and rehabilitation expenses. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers you and your occupants as well as getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage – This protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Lexus LS 400.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive coverage – This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like rock chips in glass, hail damage, damage from flooding, a tree branch falling on your vehicle and a broken windshield. The most your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.