Lotus Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Because it looks amazing and performs splendidly, nobody can blame you for getting your hands on an Lotus. But before you choose to drive your prized property around, there's one very important matter to consider, and that's none other than having your brand new investment insured.

If truth be revealed, purchasing auto insurance is for the protection of the wallet of a car owner like you. There are many things that could happen to your vehicle while you're riding it or it's parked somewhere, and getting it insured can grant you peace of mind that no matter what happens you can be spared from shelling out huge quantities of cash.

Many are wondering if having their cars insured is really beneficial. That's because it seems like it's all about shelling out steep monthly premiums incessantly without getting any benefit in return.

Well, it's factual that at first glance it may appear like there is no point in buying auto insurance. From the get-go, it may appear as though that those vehicle insurance companies are simply raking in incomes at the expense of hapless car owners. This is why no one can blame you for doubting the importance of having your Lotus insured.

In a nutshell, purchasing vehicle insurance is all about your utmost protection and very little about car insurance companies making huge profits. Especially because you are the owner and driver of that Lotus car you esteem a lot, getting your auto insured can free you from shouldering the usually very high costs associated with being in a car accident or your car being stolen by a crook or damaged by a fire or falling post.

Avoid assuming that having auto insurance is bound to wreak havoc on your monthly funds. Of course it's true that car insurance can come with an expensive price tag, but there are moves that may be taken to have your monthly premiums lowered. With the proper strategy, it is very much possible to keep the rates reduced.

We've all been advised to not judge a book by its cover. Sadly, judging a book by its cover is what car insurance companies are doing accurately. If Lotus is the vehicle that you are driving, then your monthly premiums will be based on it. Yes, the brand and model of your auto are some of the most significant factors in the determination of how much money you will need to expend monthly.

Alas, it's too late for you to swap your auto with one that allows you to reap smaller monthly premiums.

But just because there is nothing that you can do to change your Lotus auto's name and build doesn't automatically mean that you should scrimp on money on everything else just for you to be able to purchase car insurance that's right for your preferrences. That's because it's not just the auto that you are driving that sets your monthly premiums, but many other things too.

For illustration purposes, not using your auto all the time can help to bring down your premiums. It's due to the basic fact that it is less likely for you to crash into a vehicle, tree or fence if your car is parked in your garage or driveway.

It's also a nice idea to impress your auto insurance company by keeping a driving record that's flawless. Yes, something as easy as obeying traffic regulations and driving defensively every time is more than enough to free you from having to face exorbitant premiums each month.

Here's one more really effective tip on having your monthly premiums lowered significantly: raising your deductible. Put simply, a deductible is the amount of moolah that you must shell out before your car insurance company pays a claim. As a general rule of thumb, the higher your deductible the more affordable your auto insurance rates. Of course this does not apply to some car insurance coverages such as liability insurance, which is something that takes care of the cost of damages to cars, properties, motorists or pedestrians due to an accident in which you're the one who is responsible, as it has no deductible.

Vehicle insurance companies are also fond of offering all kinds of discounts that allow for lowered rates. For instance, you may have one by adding safety gears to your Lotus or completing successfully a defensive driving lesson.

Needless to say, it's a wonderful idea for you to talk with your vehicle insurance agent to know how you could bring down your monthly premiums. This way, you will understand that purchasing car insurance is actually for your own financial wellbeing and not just a reason for you to expend big bucks on a monthly basis for the complete benefit of the auto insurance company.

Lotus Models

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $64
Multi-vehicle $61
Homeowner $17
5-yr Accident Free $81
5-yr Claim Free $86
Paid in Full/EFT $47
Advance Quote $66
Online Quote $94

Compare Rates and Save

Find companies with the cheapest rates in your area

Discounts are estimated and may not be available from every company or in every state.

You May Also Enjoy These Articles

Cheapest Car Insurance
How Do I Make a Car Insurance Claim?
Types of Car Insurance Cover
10 Ways to Avoid Invalidating Your Car Insurance
10 Ways to Cut Car Insurance Costs
Dashcam Insurance Discount

Free Auto Insurance Rates:

X

Find companies with the cheapest rates in your area
Please select state and city to continue