View 2000 Lexus RX 300 Car Insurance Quotes

Searching for lower auto insurance rates for your Lexus RX 300? Feel like you’re a prisoner to high-priced auto insurance? Believe me when I say there are a lot of people just like you who feel imprisoned by their auto insurance policy.

Lots of insurance companies contend for your insurance dollar, and it can be difficult to compare rates and get the definite best rates possible.

More discounts equal less premium

Companies that sell car insurance do not advertise every discount very well, so here is a list some of the more common as well as the least known savings tricks you should be using.

  • Auto/Home Discount – If you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Accident Waiver – Some insurance companies will allow you to have one accident without raising rates if you are claim-free for a certain period of time.
  • Employee of Federal Government – Being employed by or retired from a federal job may qualify you for a discount on RX 300 insurance with certain companies.
  • New Vehicle Savings – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Claim Free – Good drivers with no accidents pay much less when compared to bad drivers.
  • Good Student Discount – Performing well in school can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
  • 55 and Retired – Mature drivers can possibly qualify for a small decrease in premiums on RX 300 insurance.

A little note about advertised discounts, most credits do not apply to your bottom line cost. Most cut the price of certain insurance coverages like liability and collision coverage. So when it seems like you could get a free insurance coverage policy, it just doesn’t work that way.

For a list of insurers who offer insurance coverage discounts, click here to view.

Factors influencing Lexus RX 300 insurance rates

It’s important that you understand the different types of things that play a part in calculating car insurance rates. Understanding what determines base rates allows you to make educated decisions that can help you get better car insurance rates.

  • Men are more aggressive – The statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that women are BETTER drivers than men. Both sexes are in accidents in similar percentages, but the male of the species cause more damage. Men also tend to get more serious tickets such as DWI and reckless driving. Teenage male drivers tend to get in the most accidents and are penalized with high car insurance rates.
  • Traffic citations inflate rates – Even a single ticket can bump up the cost by twenty percent. Drivers who don’t get tickets tend to pay less for car insurance than bad drivers. Drivers who get serious violations such as DUI or reckless driving may be required to file a SR-22 with the DMV in their state in order to continue driving.
  • Older drivers save more – Teenage drivers tend to get distracted easily when behind the wheel so they pay higher car insurance rates. Older insureds are more responsible, file fewer claims and receive fewer citations.
  • Frequent car insurance claims increase rates – If you frequently file small claims, you can look forward to either higher rates or even cancellation. Companies generally give lower rates to drivers who file claims infrequently. Car insurance is intended for larger claims.
  • Liability insurance protects assets – Your policy’s liability coverage will protect you if a court rules you are at fault for causing damage or personal injury in an accident. Liability provides legal defense coverage starting from day one. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so buy as much as you can afford.

It’s not one size fits all

When it comes to buying adequate coverage, there isn’t really a cookie cutter policy. Each situation is unique so your insurance needs to address that. For instance, these questions may help you determine whether your personal situation will benefit from professional help.

  • Should I buy full coverage?
  • How much liability do I need to cover my assets?
  • Where can I get insurance after a DUI in my state?
  • What is high-risk coverage and where do I buy it?
  • Am I covered by my spouse’s policy after a separation?
  • Where can I find DUI or SR-22 insurance?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Insurance coverage options for a Lexus RX 300

Understanding the coverages of a insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are the normal coverages found on most insurance policies.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for bills such as doctor visits, funeral costs and prosthetic devices. They are used to fill the gap from your health insurance plan or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability coverage

Liability insurance protects you from damages or injuries you inflict on a person or their property in an accident. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability can pay for things such as pain and suffering, repair bills for other people’s vehicles, repair costs for stationary objects and attorney fees. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like colliding with another moving vehicle, crashing into a ditch, crashing into a building and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like a broken windshield, damage from getting keyed, hail damage and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

A tidy conclusion

We covered many ways to shop for 2000 Lexus RX 300 insurance online. The key thing to remember is the more you quote, the higher the chance of saving money. You may be surprised to find that the biggest savings come from some of the lesser-known companies. Smaller companies often have lower prices on specific markets as compared to the big name companies such as Geico and State Farm.

Low-cost insurance is possible on the web in addition to many insurance agents, so you should compare both to have the best selection. Some insurance providers do not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

When shopping online for insurance coverage, make sure you don’t skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice physical damage coverage only to regret at claim time that the few dollars in savings costed them thousands. Your strategy should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.

Additional information is available on the following sites: