It’s safe to assume that auto insurance companies don’t want you to compare rates. Drivers who shop around for a cheaper policy will most likely switch car insurance companies because there is a good chance of finding good coverage at a lower price. Remarkably, a study showed that consumers who routinely shopped for cheaper coverage saved on average $865 a year compared to those who never shopped around for better prices.
If finding the cheapest rates on Lexus SC 430 insurance is your objective, then learning a little about how to get free comparison quotes and analyze coverages can make shopping around easier.
The best way to find cheaper prices for Lexus SC 430 insurance is to regularly compare quotes from different companies who provide auto insurance in Jacksonville.
- First, get an understanding of how insurance works and the changes you can make to prevent expensive coverage. Many risk factors that increase rates like inattentive driving and an imperfect credit history can be rectified by making lifestyle changes or driving safer. Read the full article for tips to prevent high rates and find additional discounts.
- Second, request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from one company like GEICO or Farmers Insurance, while independent agencies can provide price quotes for many different companies. Find a Jacksonville insurance agent
- Third, compare the quotes to the price on your current policy and determine if there is any savings. If you find a lower rate and change companies, make sure there is no lapse in coverage.
The key thing to remember is to make sure you enter identical coverages on every price quote and and to get price estimates from as many companies as possible. This provides an accurate price comparison and and a good selection of different prices.
Companies offering cheap Lexus SC 430 prices in Jacksonville, FL
The companies shown below offer free rate quotes in Jacksonville, FL. If multiple providers are shown, it’s highly recommended you compare several of them to get a more complete price comparison.
Lexus SC 430 coverage analysis
The price information shown next highlights detailed analysis of coverage prices for Lexus SC 430 models. Learning more about how premiums are established can help drivers make smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SC 430 2-Dr Convertible | $306 | $644 | $478 | $28 | $144 | $1,600 | $133 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Table data does not factor in garaging location in Jacksonville which can increase or decrease premium rates greatly.
Choosing deductibles
One of the hardest decisions when shopping for car insurance is how high or low should comp and collision deductibles be. The comparisons below lay out how much more rates are when you buy lower versus higher physical damage coverage deductibles. The first set of rates uses a $100 deductible for comp and collision and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SC 430 2-Dr Convertible | $498 | $994 | $354 | $20 | $106 | $1,997 | $166 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SC 430 2-Dr Convertible | $364 | $672 | $354 | $20 | $106 | $1,516 | $126 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Information does not factor in garaging location in Jacksonville which can modify rates noticeably.
Based on the data above, we can derive that using a $100 deductible costs roughly $40 more each month or $480 a year averaged for all SC 430 models than selecting the higher $500 deductible. Since you would pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to have more than 10 months between claims, you would save more money if you opt for a higher deductible.
The example below demonstrates how deductibles and can impact Lexus SC 430 insurance costs for different age groups of insureds. The data is based on a single female driver, comp and collision included, and no discounts are taken into consideration.
Should you buy full coverage?
The diagram below visualizes the comparison of Lexus SC 430 insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on a clean driving record, no claims, $250 deductibles, drivers are single, and no policy discounts are applied.
Should you pay for full coverage or liability only?
There isn’t a steadfast formula that is best for determining when to drop comprehensive and collision coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Lexus SC 430 replacement cost is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $8,000 after the deductible is paid. If you are paying in excess of $800 a year for physical damage coverage, then it might be time to consider dropping full coverage.
There are a few cases where dropping physical damage coverage is not a good idea. If you still owe a portion of the original loan, you are required to maintain full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.
These discounts can lower your auto insurance rates
Companies that sell car insurance don’t necessarily list every discount available in an easy-to-find place, so the next list breaks down both well-publicized and also the lesser-known credits available to bring down your rates. If you’re not getting every credit you deserve, you are just wasting money.
- Discount for Multiple Policies – If you can bundle your auto and home insurance and insure them with the same company you may save up to 20% off your total SC 430 insurance premium.
- Save with More Vehicles Insured – Having multiple vehicles on the same auto insurance policy can reduce rates for all insured vehicles.
- Online Discount – A few auto insurance companies will discount your bill up to fifty bucks for buying your policy on the web.
- Driver’s Education for Students – Cut your cost by having your teen driver enroll in driver’s education in school or through a local driver safety program.
- Government Employees – Being employed by or retired from a federal job may reduce rates when you quote Jacksonville car insurance depending on your auto insurance provider.
As a sidenote, most discount credits are not given to your bottom line cost. Most only cut the cost of specific coverages such as comp or med pay. Despite the fact that it seems like all those discounts means the company will pay you, it’s just not the way it works. Any amount of discount will help lower the premium cost.
The diagram below compares Lexus SC 430 insurance rates with and without discounts applied. The rates are based on a female driver, no claims, a clean driving record, Florida state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-policy, homeowner, safe-driver, and multi-car discounts applied.
Auto insurance companies that may offer most of the discounts above are:
Double check with all the companies which discounts you qualify for. Some discounts may not apply to policyholders in Jacksonville. To find insurers with significant discounts in Jacksonville, follow this link.
Quote Lexus SC 430 Insurance for Less
Part of the car insurance buying process is learning the rating factors that are used to determine the price you pay for car insurance. When consumers understand what influences your rates, this allows you to make good choices that may result in lower rates.
Do you qualify for a multi-policy discount? – Most larger companies will give lower prices to customers who carry more than one policy in the form of a multi-policy discount. Discounts can add up to ten or even fifteen percent. Even with this discount applied, it’s still a good idea to shop around to verify if the discount is saving money.
Liability protection is important – Your car insurance policy’s liability coverage will protect you in the event that you are found liable for an accident. This coverage provides legal defense coverage which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so do not cut corners here.
Expect high rates for teens – Older insureds are proven to be safer behind the wheel, cause fewer claims and accidents, and receive fewer citations. Youthful drivers are known to be careless and easily distracted in a vehicle so car insurance rates are higher.
The data below uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.
The type of car, truck or SUV you drive affects your prices – The make and model of the vehicle you need to insure makes a big difference in your premium level. Small economy passenger vehicles generally receive the lowest base rates, but your final cost has many other factors.
The data below uses these assumptions: single female driver age 50, full coverage with $250 deductibles, and no discounts or violations. It illustrates Lexus SC 430 insurance rates compared to other models of vehicles that have different risk factors.
Stay claim-free and save money – Insurance companies in Florida award most affordable rates to insureds who do not rely on their insurance for small claims. If you are the type of insured that files lots of claims you can definitely plan on either higher rates or even cancellation. Your insurance policy is intended to be relied upon for more catastrophic claims.
Discounts for alarm systems – Selecting a car model with a theft deterrent system can save you a little every year. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent your car from being stolen.
Raise comp and collision deductibles and save – Comprehensive and collision coverage deductibles are the amount of money you are required to pay if a covered claim is submitted. Physical damage coverage, aka comp and collision, covers damage that occurs to your car. Some examples of covered claims could be colliding with a stationary object, hail damage, or theft of your vehicle. The higher the amount the insured has to pay upfront, the less your car insurance will be.
Your car insurance coverage should be tailored to you
When buying your policy for your personal vehicles, there is no one size fits all plan. You are unique.
Here are some questions about coverages that may help highlight whether or not you might need an agent’s assistance.
- What are the financial responsibility laws in my state?
- Why am I required to buy high-risk coverage?
- Am I covered if I hit a deer?
- Can I use my car for my catering business?
- Does my policy cover my teen driver if they drive my company car?
- At what point should I drop full coverage?
- Will my Lexus SC 430 be repaired with OEM or aftermarket parts?
If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form.
Buying from insurance agencies
A small number of people still like to buy from a licensed agent and often times that is recommended A nice benefit of comparing rate quotes online is that you can obtain cheaper car insurance rates and still have an agent to talk to. Buying from local insurance agencies is important especially in Jacksonville.
By using this form (opens in new window), your coverage information is emailed to companies in Jacksonville that can give you free Jacksonville car insurance quotes for your insurance coverage. You won’t need to visit any agencies as quotes are delivered to you. You can find lower rates without having to waste a lot of time. If you have a need to get a rate quote from one company in particular, don’t hesitate to search and find their rate quote page and fill out the quote form the provide.
Independent or Exclusive: It’s your choice
If you need to find a good Jacksonville insurance agent, there are a couple of different agency structures and how they are slightly different. Jacksonville agents are considered either exclusive agents or independent agents.
Independent Agents
These agents are not required to write business for one company and that enables them to quote your coverage with any number of different companies and find the cheapest insurance rates. If they find a cheaper price, an independent agent can move your coverage which makes it simple for you. When comparing insurance prices, we highly recommend that you get rate quotes from a few independent agents to get the most accurate price comparison. Many can place coverage with companies that do not advertise much which may provide better rates.
The following is a partial list of independent agents in Jacksonville that can possibly get you rate quotes.
- Mike Bell Insurance Agency
1819 3rd St N – Jacksonville Beach, FL 32250 – (904) 372-2355 – View Map - All Lines Insurance Agency
4828 Blanding Blvd Suite 1 – Jacksonville, FL 32210 – (904) 376-7200 – View Map - State Insurance Agency
803 3rd St N – Jacksonville Beach, FL 32250 – (904) 247-5599 – View Map
Exclusive Insurance Agents
Agents of this type write business for a single company such as Allstate, State Farm and Farm Bureau. Exclusive agents cannot give you multiple price quotes so you need to shop around if the rates are high. Exclusive agents are highly trained on their company’s products which helps offset the inability to provide other markets. Some consumers prefer to use the same agent partially due to the brand name rather than low price.
The following are Jacksonville exclusive agencies that are able to give price quotes.
- Allstate Insurance: Jeff Bernard
7530 103rd St Ste 13 – Jacksonville, FL 32210 – (904) 777-3130 – View Map - Yuleen Broome – State Farm Insurance Agent
3120 Atlantic Blvd – Jacksonville, FL 32207 – (904) 398-0401 – View Map - Connie Doyle State Farm Insurance Agency
14158 Marsh Woods Ct – Jacksonville, FL 32224 – (904) 223-0035 – View Map
Deciding on an insurance agency requires you to look at more than just the premium amount. The questions below may impact your decision as well.
- Can glass repairs be made at your home?
- Are you getting all the discounts the company offers?
- Are all drivers listed on the coverage quote?
- Which company do they place the most coverage with?
- Which insurance companies are they affiliated with?
- Are aftermarket or OEM parts used to repair vehicles?
Shop smart and save
When you buy Jacksonville car insurance online, never reduce coverage to reduce premium. In many instances, an insured cut comprehensive coverage or liability limits only to find out they didn’t purchase enough coverage. The proper strategy is to get the best coverage possible at the best cost, not the least amount of coverage.
Consumers change insurance companies for a variety of reasons including lack of trust in their agent, high prices, policy cancellation or even policy non-renewal. No matter why you want to switch, switching car insurance companies is not as difficult as it may seem.
Cost effective Lexus SC 430 insurance is attainable online and from local agencies, and you need to price shop both to have the best chance of lowering rates. Some car insurance companies may not provide online rate quotes and most of the time these smaller providers only sell through independent agencies.
For more information, feel free to visit the resources below:
- Auto Crash Statistics (Insurance Information Institute)
- Who Has Cheap Auto Insurance for Veterans in Jacksonville? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a GMC Sierra in Jacksonville? (FAQ)
- Who Has Affordable Jacksonville Car Insurance Quotes for Safe Drivers? (FAQ)
- Frontal Crash Tests (iihs.org)
- What is Covered by GAP Insurance? (Allstate)