1996 Lexus SC 400 Insurance Cost – 10 Tips for Cheapest Prices

Trying to find the cheapest insurance for a Lexus SC 400 can be a painful process, but you can learn a few tricks to find lower rates.

There are more efficient ways to compare car insurance rates and you need to know the absolute fastest way to price shop coverage for a new or used Lexus and get the best price possible from both online companies and local agents.

Smart consumers take time to take a look at other company’s rates yearly because insurance rates trend upward over time. Even if you think you had the best rates for SC 400 coverage a couple years back you may be paying too much now. Don’t believe everything you read about car insurance on the internet, so we’re going to give you some excellent ideas to find affordable car insurance.

If you have a policy now or are looking for a new policy, you can use these tips to cut your premiums and possibly find even better coverage. Shopping for affordable insurance coverage is quite easy. Consumers only need to know how to get comparison quotes online.

Auto Insurance Comparison Rates

Effectively comparing auto insurance prices is a ton of work if you aren’t aware of the fastest way to get free quotes. You could spend your day talking to insurance agencies in your area, or you can stay home and use the web to accomplish the same thing much quicker.

Most of the larger companies are enrolled in a marketplace that allows shoppers to send in one quote, and each company provides a quote for coverage. This system prevents you from having to do quote forms to each company. To find out what other companies charge for 1996 Lexus SC 400 insurance click to open in new window.

The only downside to using this type of form is you don’t know exactly the providers you want pricing from. So if you prefer to choose specific providers to receive pricing from, we have assembled a list of low cost auto insurance companies in your area. Click here for list of insurance companies.

Whichever way you use, double check that you are using the exact same deductibles and coverage limits with every price quote. If the quotes have different liability limits you will not be able to determine which rate is truly the best.

Do you qualify for a discount?

Insurance can be prohibitively expensive, but you can get discounts to help offset the cost. Certain discounts will be applied at quote time, but a few need to be manually applied before they will apply. If they aren’t giving you every credit you deserve, you are paying more than you should be.

  • One Accident Forgiven – A few companies permit an accident before hitting you with a surcharge if your claims history is clear for a particular time prior to the accident.
  • Clubs and Organizations – Affiliation with a qualifying organization may earn a discount when buying insurance coverage for SC 400 coverage.
  • Military Rewards – Being on active duty in the military could be rewarded with lower premiums.
  • Safe Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates for SC 400 coverage than less cautious drivers.
  • Defensive Driver – Completing a course in driver safety could save 5% or more if you qualify.
  • E-sign – A handful of insurance companies give back up to $50 for buying a policy and signing up online.
  • Passive Restraints – Cars that have air bags or automatic seat belts can receive discounts of up to 25% or more.
  • Early Signing – Select companies give a discount for switching policies before your current policy expires. This can save 10% or more.
  • Bundle and Save – If you insure your home and vehicles with the same insurance company you may save approximately 10% to 15%.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.

It’s important to understand that many deductions do not apply to the entire cost. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, companies don’t profit that way. Any qualifying discounts will help reduce the amount you have to pay.

To see a list of providers who offer insurance coverage discounts, follow this link.

What coverages do I need?

When buying the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Everyone’s needs are different.

These are some specific questions may help highlight if you might need an agent’s assistance.

  • Do I have coverage if my license is suspended?
  • When should I buy a commercial auto policy?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I need an umbrella policy?
  • Do I have coverage when using my vehicle for my home business?
  • Will I be non-renewed for getting a DUI or other conviction?
  • What if I total my 1996 Lexus SC 400 and owe more than it’s worth?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and can provide invaluable advice.

Information about specific coverages

Knowing the specifics of a insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Liability auto insurance

Liability coverage can cover damage or injury you incur to a person or their property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like medical services, legal defense fees, emergency aid and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but buy higher limits if possible.

Collision coverage protection

Collision coverage pays for damage to your SC 400 resulting from a collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as rolling your car, sideswiping another vehicle and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for expenses like X-ray expenses, surgery and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive protection

This pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like damage from getting keyed, theft, hitting a deer, damage from a tornado or hurricane and rock chips in glass. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.