Trying to find the cheapest insurance for a new or used Lexus SC 430 in California could be a painful process, but you can learn a few tricks to find lower rates.
There are both good and bad ways to compare auto insurance rates and you need to know the quickest way to price shop coverage for a new or used Lexus and locate the best price possible either online or from San Diego insurance agents.
It’s a great practice to get comparison quotes before your next renewal because auto insurance rates change frequently. Just because you found the best rate on Lexus SC 430 insurance in San Diego a year ago other companies may now be cheaper. Forget all the misinformation about auto insurance because we’re going to demonstrate the proper way to properly buy coverages while reducing your premium.
Affordable companies for Lexus SC 430 insurance in California
The companies in the list below are ready to provide price comparisons in California. If more than one company is shown, we suggest you click on several of them in order to get a fair rate comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SC 430 2-Dr Convertible | $458 | $866 | $384 | $22 | $114 | $1,844 | $154 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Rate information does not factor in specific location information which can modify prices noticeably.
Deductible analysis
A question often asked by San Diego drivers is at what level do you set your deductibles. The data tables below outline the rate difference when you choose different policy deductibles. The first data set uses a $100 physical damage deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SC 430 2-Dr Convertible | $528 | $1054 | $376 | $22 | $112 | $2,117 | $176 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SC 430 2-Dr Convertible | $384 | $712 | $376 | $22 | $112 | $1,606 | $134 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Estimates do not factor in your specific San Diego location which can affect prices greatly.
We can estimate from the data above that using a $100 deductible would cost the average driver about $42 more each month or $504 each year than quoting the higher $500 deductible. Due to the fact that you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you have at a minimum 10 months between claims, you would come out ahead if you choose a higher deductible. The numbers below show an example of how you can make this decision for your own policy.
| Average monthly premium for $100 deductibles: | $176 |
| Average monthly premium for $500 deductibles (subtract): | – $134 |
| Monthly savings from raising deductible: | $42 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $42 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 10 months |
Insurance Cost Influencing Factors
Many different elements are considered when pricing auto insurance. Some are pretty understandable like your driving record, although others are more obscure like your continuous coverage or your commute time. It’s important that you understand the factors that play a part in calculating the rates you pay for auto insurance. If you have a feel for what influences your rates, this helps enable you to make changes that can help you get much lower annual insurance costs.
The factors shown below are a few of the “ingredients” used by companies to determine your rate level.
Qualify for multi-policy discounts – Most larger insurance companies afford a discount for people who buy several policies from them such as combining an auto and homeowners policy. The amount of the discounts can be ten percent or more. Even with this discount, it’s in your best interest to compare Lexus SC 430 rates in San Diego to help ensure you have the lowest rates. It’s possible to still save money by buying from different companies
Women tend to be lower risk – Over time, data shows women tend to be less risk to insure than men. However, don’t assume that males are worse at driving than females. Both sexes are in auto accidents at about the same rate, but the males cause more damage. Men also have more aggressive citations like driving under the influence (DUI). Young men ages 16 to 20 cause the most accidents and thus pay the highest rates.
No auto insurance gaps is important – Driving with no insurance is against the law and as a result your rates will increase for letting your coverage cancel without a new policy in place. Not only will you pay higher rates, getting caught without coverage might get you a hefty fine and possibly a revoked license.
Credit history impact auto insurance costs – Having a bad credit history can be a huge factor in calculating your auto insurance rates. If your credit rating leaves room for improvement, you could be paying less to insure your Lexus SC 430 by taking the time to improve your credit score. People that have high credit ratings tend to be less risk to insure than those with bad credit.
Insurance is expensive for youthful drivers – Older drivers are more responsible, tend to cause fewer accidents, and are generally more financially stable.Drivers with little experience are proven to be more careless when behind the wheel so auto insurance rates are higher.
Get cheaper Lexus SC 430 insurance rates in San Diego
Companies don’t always publicize every discount very clearly, so below is a list some of the more common as well as some of the hidden credits that you can use to lower your rates.
- Discounts for Federal Employees – Simply working for the federal government can save as much as 8% with select insurance companies.
- Data Collection Discounts – Policyholders that allow their company to scrutinize when and where they use their vehicle by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction as long as the data is positive.
- Discount for Multiple Policies – When you combine your auto and homeowners insurance with the same company you will save at least 10 to 15 percent or more.
- Early Signing – Some insurance companies reward drivers for signing up early. This discount can save up to 10%.
- Club Memberships – Being in specific professional or occupational memberships or organizations may earn a discount on your next car insurance statement.
- Safety Course Discount – Successfully completing a class that teaches safe driver techniques could possibly earn you a 5% discount depending on where you live.
- Good Student Discount – Getting good grades can be rewarded with saving of up to 25%. Most companies allow this discount until age 25.
- Seat Belts Save – Drivers who require all vehicle occupants to use a seat belt can save up to 15% off PIP or medical payments premium.
- E-sign Discounts – A few car insurance companies will give you a small discount for buying your policy on the internet.
As a footnote on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only cut the cost of specific coverages such as collision or personal injury protection. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way.
To find insurance companies with discount car insurance rates in San Diego, click here.
Get rate quotes but still have a neighborhood San Diego auto insurance agent
Many people still prefer to talk to a local agent and often times that is recommended Licensed agents can point out coverage gaps and help you file claims. The biggest benefit of comparing car insurance online is that you can obtain lower rates but also keep your business local. And buying from local insurance agents is important especially in San Diego.
After filling out this simple form, your insurance data gets sent to local insurance agents who want to provide quotes for your business. You won’t even need to leave your computer because quoted prices will be sent to you directly. If you need to compare rates from a specific car insurance provider, just visit that company’s website to submit a rate quote request.
San Diego car insurance agents are either independent or exclusive
When narrowing the list to find a local agent, it can be helpful to understand the types of insurance agents and how they differ in how they quote coverages. Agents are classified as either independent or exclusive depending on the company they work for. Both types of agents can sell affordable car insurance policies, but it is important to understand the difference in how they write coverage since it can affect your agent selection.
Independent Agents
These agents do not sell for just one brand so they can quote policies with many different companies and find you the best rates. If you are not satisfied with one company, the agent simply finds a different carrier and you don’t have to switch agencies.
When searching for an agent, it’s a good idea to check rates from a couple of independent agencies in order to have the best price comparison. Many independent agencies also insure through smaller companies which can be an advantage.
Featured below are independent agencies in San Diego that can give you price quotes.
- Leavitt Insurance Agency of San Diego
380 Stevens Ave – Solana Beach, CA 92075 – (858) 259-5800 – View Map - Springbrook Insurance Agency
10650 Treena St #105 – San Diego, CA 92131 – (858) 391-3001 ext. 105 – View Map - Nickie Heath Insurance Agency
16855 W Bernardo Dr # 230 – San Diego, CA 92127 – (858) 487-3737 – View Map
Exclusive Insurance Agencies
These type of agents can only place business with one company like Farmers Insurance and State Farm. These agents are not able to shop your coverage around so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents are usually quite knowledgeable in insurance sales which helps them sell on service rather than price. Drivers often buy from the same agent for years mainly due to the prominence of the brand instead of buying on price only.
The following is a list of exclusive insurance agencies in San Diego who can help you get rate quotes.
- Karen L Wroan – State Farm Insurance Agent
12780 High Bluff Dr #180 – San Diego, CA 92130 – (858) 755-7553 – View Map - Kevin Kane – State Farm Insurance Agent
3914 Murphy Canyon Rd a252 – San Diego, CA 92123 – (858) 514-0385 – View Map - Steve Elder – State Farm Insurance Agent
9225 Mira Mesa Blvd #208d – San Diego, CA 92126 – (858) 271-8928 – View Map
Finding a good insurance agent requires you to look at more than just the price. Any agent in San Diego should be forthright in answering these questions:
- How long has the business existed?
- Is working in the agency their full-time job?
- Do you need full coverage on every vehicle?
- Does the agency have a good rating with the Better Business Bureau?
- Is there a local claims center in San Diego?
- What insurance companies do they recommend if they are an independent agent?
- Do they have any clout with companies to ensure a fair claim settlement?
Auto insurance companies are expert advertisers
California consumers constantly see and hear ads that promise big savings from companies such as Progressive, Allstate and GEICO. They all make an identical promise of big savings after switching to their company.
How does each company make the same claim? Just pay attention to how they say it.
Many companies have specific criteria for the type of driver that earns them a profit. For example, a profitable risk profile might be between 30 and 50, has no tickets, and drives newer vehicles. Any person that fits those parameters is entitled to the best price and will most likely save quite a bit of money when switching.
Insureds who don’t meet the ideal profile will be charged higher premium rates with the end result being the customer not purchasing. The trick companies use is to say “customers that switch” but not “everyone who gets a quote” will save that much if they switch. That is how companies can truthfully make it sound like they have such great car insurance rates.
This really emphasizes why it is so important to do a quote comparison often. It’s just not possible to know which company will have the best rates for your profile.
You may need specialized auto insurance coverage
Always remember that when buying proper insurance coverage, there is no cookie cutter policy. Your needs are not the same as everyone else’s and your policy should reflect that.
These are some specific questions could help you determine if your insurance needs might need professional guidance.
- Is pet coverage available?
- Is my Lexus SC 430 covered for smoke damage?
- Do I really need UM/UIM coverage?
- How much liability coverage do I need in California?
- Am I covered when driving in Canada or Mexico?
- What is the difference between comprehensive and collision coverage?
- How can I get the company to pay a claim?
- How long can I keep a teen driver on my policy?
- Which companies will insure me after a DUI?
If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.
Compare but don’t skimp
Some auto insurance companies don’t offer price quotes online and many times these smaller providers work with independent insurance agencies. Cheaper Lexus SC 430 insurance in San Diego is definitely available online in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best chance of saving money.
You just learned quite a bit of information on how to find affordable Lexus SC 430 insurance in San Diego. It’s most important to understand that the more companies you get premium rates for, the more likely it is that you will get a better rate. You may even be surprised to find that the best price on auto insurance is with a smaller regional carrier. These smaller insurers may cover specific market segments cheaper compared to the large companies like Allstate or State Farm.
Other articles
- Insurance Losses by Make and Model (iihs.org)
- What Auto Insurance is Cheapest for Drivers with a DUI in San Diego? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Ford Explorer in San Diego? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for 4×4 Vehicles in San Diego? (FAQ)
- What Insurance is Cheapest for Drivers with Bad Credit in San Diego? (FAQ)
- How to Avoid Buying a Flooded Car (Insurance Information Institute)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)