Save on 2003 Lexus ES 300 Car Insurance Quotes

Want better car insurance rates for your Lexus ES 300? Trying to find better insurance prices for a Lexus ES 300 can be an all-consuming task, but you can follow our car insurance buying tips to find lower rates. There is a right way and a wrong way to compare car insurance rates and you need to know the proper way to get price quotes for your Lexus and get the lowest price.

It’s smart to check car insurance prices occasionally because insurance rates are rarely the same from one policy term to another. Even if you got the best price on ES 300 coverage a couple years back there is a good chance you can find better rates now. Starting now, forget anything you know (or think you know) about car insurance because you’re about to learn the best way to lower your annual insurance bill.

Buying car insurance is quite easy. If you have insurance now or need new coverage, you can learn to shop for the lowest rates and still get good coverage. Consumers just need to understand the tricks to buy insurance coverage online.

How to Compare Insurance Quotes

Performing a rate comparison can be exhausting if you don’t understand the most efficient way to do it. You could waste a few hours talking about coverages with insurance companies in your area, or you could save time and use online quoting to get prices fast.

Most car insurance companies participate in a marketplace where prospective buyers only type in their quote data once, and every company returns a rated price based on that information. This eliminates the need for quote forms to each individual insurance company.

To use this form to compare 2003 Lexus ES 300 insurance rates click here (opens in new window).

One minor caviat to comparing rates this way is you are unable to specify the providers to get pricing from. If you would rather choose individual companies to compare, we have assembled a list of the cheapest insurance companies in your area. View list of insurance companies.

Whichever way you use, make sure you use apples-to-apples coverage limits for every company. If you enter different values for each quote you can’t possibly decipher which rate is best.

Save money by taking advantage of these discounts

Auto insurance companies don’t always publicize every available discount in a way that’s easy to find, so here is a list both the well known and the harder-to-find savings tricks you should be using. If you aren’t receiving every discount available, you are throwing money away.

Passive Restraints – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of up to 25% or more.
Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts could save 15% off your medical payments premium.
Drivers Education – Require your teen driver to successfully complete driver’s ed class if offered at their school.
Lower Rates for Military – Having a family member in the military may qualify for rate reductions.
No Accidents – Drivers who don’t have accidents can save substantially when compared with bad drivers.
Own a Home – Owning a house can help you save on auto insurance because owning a home shows financial diligence.
Discount for Good Grades – This discount can earn a discount of 20% or more. Earning this discount can benefit you up to age 25.
Organization Discounts – Participating in a professional or civic organization is a good way to get lower rates on auto insurance on ES 300 coverage.

It’s important to note that most of the big mark downs will not be given to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, it just doesn’t work that way.

For a list of providers offering auto insurance discounts, click here to view.

When should I use an insurance agent?

When it comes to buying adequate coverage for your vehicles, there really is not a single plan that fits everyone. Everyone’s situation is unique.

These are some specific questions may help highlight if your insurance needs could use an agent’s help.

Is upholstery damage covered by car insurance?
Should I sign the liability waiver when renting a car?
How can I find cheaper teen driver insurance?
Do I need roadside assistance coverage?
Should I buy full coverage?
Why do I need rental car insurance?
Can I afford to buy a different vehicle if my 2003 Lexus ES 300 is totaled?
Can I rate high risk drivers on liability-only vehicles?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and can help protect your family.

Auto insurance coverage specifics

Understanding the coverages of your auto insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive auto coverage

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, a tree branch falling on your vehicle, hitting a deer and hitting a bird. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Lexus ES 300.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Liability

Liability insurance can cover injuries or damage you cause to a person or their property in an accident. This coverage protects you from claims by other people. Liability doesn’t 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. As an example, you may have limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for claims such as legal defense fees, structural damage and attorney fees. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage

This coverage covers damage to your ES 300 resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as sustaining damage from a pot hole, crashing into a ditch, sideswiping another vehicle, colliding with a tree and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to save money on collision insurance.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP pay for expenses like X-ray expenses, pain medications, chiropractic care, ambulance fees and surgery. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage