2018 Lexus RC 350 Insurance Rates – 10 Ideas for Cheapest Quotes

Paying for pricey Lexus RC 350 insurance can take a big chunk out of your monthly budget and force you to tighten up your finances. Comparing rates annually is a smart way to reduce premiums and put more money in your pocket.

You have so many insurers to pick from, and although it’s nice to be able to choose, too many choices makes it more difficult to compare rates.

It’s a good idea to do rate comparisons as often as possible because insurance coverage prices are rarely the same from one policy term to another. Despite the fact that you may have had the lowest price on RC 350 insurance a few years ago there may be better deals available now. Forget anything you know (or think you know) about insurance coverage because it’s time to teach you the things you must know in order to remove unneeded coverages and save money.

Finding the best rates is not rocket science. If you currently have car insurance, you will be able to save some money using this strategy. But vehicle owners can benefit from knowing the way companies market on the web.

Are you receiving every discount?

Insurance can be prohibitively expensive, but you can get discounts that could drop your premiums quite a bit. Certain credits will be shown at the time of purchase, but some need to be inquired about before being credited.

  • Payment Discounts – If you pay your entire premium ahead of time as opposed to paying monthly you can actually save on your bill.
  • Low Mileage – Driving fewer miles could be rewarded with discounted prices on garaged vehicles.
  • Student Discount for Driver Training – It’s a good idea to have your young drivers participate in a local driver’s education class as it can save substantially.
  • Discounts for Federal Employees – Active or former government employment can earn a discount up to 10% on RC 350 insurance with select insurance companies.
  • Claim Free – Good drivers with no accidents pay much less when compared to drivers who are more careless.
  • First Accident Forgiveness – Not really a discount, but a few companies such as Libery Mutual, Geico and Allstate allow you one accident without raising rates if you are claim-free for a set time period.
  • Save with a New Car – Adding a new car to your policy can get you a discount since newer models are generally safer.
  • Driver Training Discounts – Passing a defensive driver course is a good idea and can lower rates and also improve your driving technique.
  • Lower Rates for Military – Having a deployed family member could be rewarded with lower rates.
  • Theft Deterent System – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and can earn a small discount on your policy.

Just know that most credits do not apply to the overall cost of the policy. Some only apply to specific coverage prices like liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, nobody gets a free ride.

A few of the larger companies and some of their more popular discounts are included below.

  • Geico includes discounts for daytime running lights, emergency military deployment, multi-vehicle, anti-lock brakes, multi-policy, and good student.
  • Travelers discounts include multi-policy, student away at school, IntelliDrive, driver training, and new car.
  • Farm Bureau offers discounts for 55 and retired, renewal discount, driver training, safe driver, multi-vehicle, and good student.
  • Liberty Mutual may have discounts that include multi-car, hybrid vehicle, new graduate, exclusive group savings, good student, newly retired, and teen driver discount.
  • American Family offers discounts including bundled insurance, good student, Steer into Savings, accident-free, and TimeAway discount.
  • Progressive policyholders can earn discounts including good student, online signing, multi-policy, continuous coverage, and homeowner.

When getting a coverage quote, ask each company which discounts can lower your rates. Depending on the company, some discounts might not be available to policyholders in your area.

When in doubt talk to an agent

When choosing proper insurance coverage for your vehicles, there really is no “perfect” insurance plan. Every situation is different so your insurance needs to address that. These are some specific questions can help discover whether your personal situation would benefit from professional advice.

  • When do I need to add a new car to my policy?
  • Should I bundle my homeowners policy with my auto?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Am I covered if I break a side mirror?
  • Do I have coverage for damage caused while driving under the influence?
  • Do I need special endorsements for business use of my vehicle?
  • Do I have any recourse if my insurance company denies a claim?
  • Is my trailer covered?
  • What is no-fault insurance?
  • Do I get a pro-rated refund if I cancel my policy early?

If you’re not sure about those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Insurance companies are expert advertisers

Well-known insurance companies like 21st Century, Allstate and State Farm seem to constantly run television and radio advertisements. All the companies tend to make the same promise about how much you will save if you switch your insurance coverage to their company. How can each company give you a better price? You have to listen carefully.

Insurance companies quote their cheapest rates for the driver that earns them the most money. For instance, a driver they prefer might be described as over the age of 45, owns their home, and drives a vehicle with a low ISO rating. Any new insured that meets those criteria receives the best prices as well as pay quite a bit less when switching companies.

Consumers who fall short of these stringent criteria may be required to pay higher prices with the end result being business going elsewhere. If you listen to the ad wording, they say “customers that switch” not “all people who quote” save that kind of money. This is how insurance companies can make it sound like they have such great prices. That is why drivers should get a wide range of price quotes. It’s just too difficult to predict which company will provide you with the cheapest premium rates.

Auto insurance 101

Learning about specific coverages of a auto insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are the normal coverages found on the average auto insurance policy.

Comprehensive coverage

This coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from getting keyed, a broken windshield, hitting a deer and damage from flooding. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for bills for doctor visits, funeral costs, pain medications and EMT expenses. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Liability insurance

This coverage provides protection from damage that occurs to a person or their property that is your fault. This insurance protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like bail bonds, funeral expenses and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Collision insurance

This covers damage to your RC 350 from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like hitting a mailbox, colliding with a tree, sideswiping another vehicle, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

This coverage provides protection when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your Lexus RC 350.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

In the end, you save

When buying insurance coverage, don’t be tempted to reduce coverage to reduce premium. Too many times, consumers will sacrifice physical damage coverage and learned later they didn’t have enough coverage. The aim is to buy a smart amount of coverage for the lowest price, but don’t skip important coverages to save money.

Cost effective 2018 Lexus RC 350 insurance can be found online in addition to local insurance agencies, and you need to comparison shop both to have the best rate selection. Some companies don’t offer online price quotes and most of the time these smaller providers only sell coverage through independent agents.

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