2013 Lexus CT 200h Insurance Quotes – 7 Savings Tips

Have you fallen victim to an overpriced auto insurance policy? Trust us, there are many consumers feeling the pinch from expensive auto insurance.

There is such a variety of auto insurance companies to purchase coverage from, and although it’s a good thing to have a selection, too many choices makes it more difficult to compare rates and find the lowest cost auto insurance.

It’s a great practice to shop coverage around before your policy renews because insurance rates change frequently. If you had the best rates for CT 200h coverage a few years ago a different company probably has better rates today. So just ignore everything you know about auto insurance because I’m going to teach you the best methods to properly buy coverages and cut your premium.

Take these seven discounts and save

Auto insurance companies don’t always publicize all available discounts in an easy-to-find place, so here is a list some of the best known and the more hidden savings tricks you should be using.

  • Homeowners Pay Less – Simply owning a home may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
  • Auto/Home Discount – If you have multiple policies with one insurance company you will save up to 20% off your total premium.
  • No Claims – Good drivers with no accidents pay less when compared with bad drivers.
  • Safety Course Discount – Successfully completing a driver safety course could possibly earn you a 5% discount if your company offers it.
  • One Accident Forgiven – A few companies will allow you to have one accident before your rates go up if you are claim-free for a certain period of time.
  • Theft Prevention System – Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
  • Fewer Miles Equal More Savings – Driving fewer miles could be rewarded with discounted rates on garaged vehicles.

Drivers should understand that many deductions do not apply to your bottom line cost. Most only cut individual premiums such as liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, you’re out of luck.

To see a list of insurers offering auto insurance discounts, click this link.

Which policy gives me the best coverage?

When choosing the right insurance coverage, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining whether or not you might need professional guidance.

  • At what point should I drop full coverage?
  • Which is better, split liability limits or combined limits?
  • What discounts do I qualify for?
  • Why do I need rental car insurance?
  • Does car insurance cover theft of personal property?
  • How high should deductibles be on a 2013 Lexus CT 200h?
  • How much underlying liability do I need for an umbrella policy?
  • Do I really need UM/UIM coverage?
  • Does my personal policy cover me when driving out-of-state?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of car insurance companies in your area.

Do drivers who switch really save?

Companies like Geico, State Farm and Progressive constantly bombard you with ads in print and on television. All the ads have a common claim of big savings if you switch your policy. How do they all claim to save you money? It’s all in the numbers.

All companies have a preferred profile for the driver that is profitable for them. A good example of a profitable customer could be a mature driver, owns a home, and drives less than 10,000 miles a year. A customer getting a price quote who fits that profile will get the preferred rates and most likely will save when switching.

Potential insureds who are not a match for these standards will be charged more money which usually ends up with the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “everyone that quotes” save money. That’s why insurance companies can confidently claim big savings. That is why you absolutely need to get as many quotes as possible. It’s impossible to know which company will provide you with the cheapest Lexus CT 200h insurance rates.

Specifics of your insurance policy

Knowing the specifics of your insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Shown next are typical coverages available from insurance companies.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as vandalism, hitting a bird, rock chips in glass, a broken windshield and fire damage. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Lexus CT 200h.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Auto liability

Liability coverage provides protection from damage or injury you incur to a person or their property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims like pain and suffering, bail bonds and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.

Collision protection

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like hitting a mailbox, crashing into a building, colliding with a tree and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for surgery, hospital visits, pain medications, dental work and prosthetic devices. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

The bottom line

When shopping online for insurance, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are too many instances where someone dropped collision coverage only to discover later that it was a big mistake. The proper strategy is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

In this article, we covered many ways to compare 2013 Lexus CT 200h insurance prices online. The key thing to remember is the more times you quote, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with a small mutual company. These companies can often provide lower rates in certain areas than their larger competitors like Allstate and Progressive.

Budget-conscious insurance can be found both online and also from your neighborhood agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies may not provide online price quotes and these smaller companies work with independent agents.

More detailed insurance information is available at these sites: