2011 Lexus GX 460 Car Insurance Quotes

Price shopping your car insurance can be difficult for consumers new to comparing rates online. Consumers have so many options that it can quickly become a lot of work to find the best price.

Buying car insurance is easy if you know what you’re doing. Just about every driver who is required by state law to have auto insurance should be able to find lower rates. Nevertheless, vehicle owners can benefit by having an understanding of how insurance companies price insurance differently and use this information to your advantage.

Pieces of the Lexus GX 460 insurance rate puzzle

Smart consumers have a good feel for the rating factors that play a part in calculating the rates you pay for auto insurance. Understanding what impacts premium levels allows you to make educated decisions that can help you get better auto insurance rates.

  • Where do you drive? – Driving more miles in a year the more you’ll pay to insure your vehicle. Almost all companies rate vehicles determined by how the vehicle is used. Vehicles left parked in the garage get more affordable rates compared to those used for work or business. Make sure your auto insurance coverage is showing the proper vehicle usage. Incorrect usage on your GX 460 can result in significantly higher rates.
  • Are you male or female? – Statistics have proven women tend to be less risk to insure than men. Now that doesn’t mean women are better drivers. They both are in accidents in similar numbers, but the males tend to have more serious accidents. They also get more serious tickets like reckless driving and DUI.
  • Too many auto insurance claims drive up costs – If you file claims often, you can definitely plan on higher rates. Insurance companies generally give discounts to people who are claim-free. Insurance coverage is intended for major claims that would cause financial hardship.
  • Liability coverage is peace of mind – Liability coverage is the coverage that protects you if a court rules you are at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not cut corners here.
  • More than one policy can earn a discount – Many auto insurance companies will give a discount to people who have multiple policies with them in the form of a multi-policy discount. Even if you’re getting this discount it’s in your best interest to comparison shop to make sure you are getting the best deal. You may still find better rates by insuring with multiple companies.
  • Extra coverages can waste money – There are many extra bells and whistles that you can buy on your GX 460 policy. Coverages for vanishing deductibles, towing coverage and additional equipment coverage may be wasting your money. These may sound like a good investment initially, but now you might not need them so eliminate them to save money.
  • Your job and insurance rates – Occupations like doctors, business owners and stock brokers tend to have the highest rates because of job stress and lots of time spent at work. On the other hand, jobs such as farmers, students and the unemployed receive lower rates for GX 460 insurance.

Vehicle Insurance Comparison

Comparing insurance coverage rates is a ton of work if you don’t know the fastest way to get free quotes. You could spend the better part of a day talking about coverages with local insurance agents in your area, or you can stay home and use the internet to get pricing more quickly.

Many of the larger companies belong to an insurance system where prospective buyers send in one quote, and at least one company returns a rated price for coverage. This eliminates the need for form submissions to every company.

To enter your information into the quoting system, click here (opens in new window).

The only downside to using this type of system is you are unable to specify which insurance companies you want to price. If you wish to select specific providers to compare prices, we have assembled a list of low cost insurance coverage companies in your area. View list of insurance companies.

It’s up to you which method you use, but double check that you are using apples-to-apples coverage limits and deductibles on every quote you get. If your comparisons have different limits and deductibles on each one it will be impossible to find the best deal for your Lexus GX 460. Slightly different limits may result in a large different in cost. And when price shopping your coverage, quoting more will enable you to find the best rates.

Insurance coverage ads bend the truth

Insurance coverage providers like Allstate and Progressive constantly bombard you with ads on TV and radio. They all say the same thing that you can save if you switch to their company. How can each company make almost identical claims?

All companies are able to cherry pick for the type of customer that makes them money. A good example of a profitable customer might be over the age of 40, has no prior claims, and drives less than 10,000 miles a year. Any new insured who fits that profile will qualify for the lowest rates and most likely will save a lot of money.

Drivers who do not match the “perfect” profile will be charged a higher premium which leads to the customer not buying. The ads state “drivers who switch” not “people who quote” save money. That’s the way companies can truthfully claim big savings. That is why you need to get a wide range of price quotes. It’s impossible to know which company will provide you with the cheapest Lexus GX 460 insurance rates.

Save big with these discounts

Companies do not list every available discount very well, so we took the time to find both the well known as well as the least known discounts you could be receiving.

  • Payment Method – If you pay your bill all at once instead of making monthly payments you could save up to 5%.
  • Student in College – Children who are attending college and don’t have a car may qualify for this discount.
  • Sign Online – A few companies give back up to $50 for buying a policy and signing up over the internet.
  • Drive Less and Save – Fewer annual miles on your Lexus can qualify you for discounted rates on garaged vehicles.
  • Accident Waiver – A handful of insurance companies permit an accident without raising rates so long as you haven’t had any claims prior to the accident.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts can receive discounts of 20% or more.

Drivers should understand that most credits do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. So even though it sounds like you can get free auto insurance, companies don’t profit that way.

Car insurance companies that may offer these benefits include:

Check with all companies you are considering how you can save money. Some discounts might not apply in your area.

But I don’t know anything about car insurance

When buying coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different.

Here are some questions about coverages that may help highlight if your insurance needs would benefit from an agent’s advice.

  • When would I need rental car insurance?
  • How much liability do I need to cover my assets?
  • Should I bundle my homeowners policy with my auto?
  • Do I have coverage when making deliveries for my home business?
  • How can I force my company to pay a claim?
  • What is covered by UM/UIM coverage?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. If you don’t have a local agent, complete this form.

Parts of your insurance policy

Learning about specific coverages of your policy can be of help when determining the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Lexus GX 460.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.


Liability insurance will cover damage that occurs to other’s property or people that is your fault. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage pays for things like legal defense fees, court costs, funeral expenses and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like hitting a mailbox, scraping a guard rail, sideswiping another vehicle and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also raise the deductible to save money on collision insurance.

Comprehensive insurance

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as theft, falling objects, vandalism, a broken windshield and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for medical expenses

Med pay and PIP coverage kick in for bills like funeral costs, X-ray expenses and pain medications. They are used in conjunction with a health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

You can do this!

In this article, we covered many ideas to reduce 2011 Lexus GX 460 insurance prices online. The key thing to remember is the more price quotes you have, the better your comparison will be. You may even discover the most savings is with some of the smallest insurance companies.

As you restructure your insurance plan, you should never reduce coverage to reduce premium. In many cases, consumers will sacrifice comprehensive coverage or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. Your goal should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

Cheap insurance can be purchased online in addition to many insurance agents, so you should compare both to have the best rate selection. Some insurance coverage companies do not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

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