Lexus GX 460 Insurance Rates

The average insurance rates for a Lexus GX 460 are $1,390 a year for full coverage insurance. Comprehensive costs approximately $288 a year, collision costs $484, and liability insurance costs $460. Liability-only insurance costs as little as $510 a year, with high-risk driver insurance costing around $3,008. 16-year-old drivers cost the most to insure at $5,254 a year or more.

Average premium for full coverage: $1,390

Policy rates by type of insurance:

These estimates include $500 deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 states and GX 460 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a significant impact on the price of auto insurance. Rural locations are shown to have lower incidents of physical damage claims than congested cities.

The diagram below illustrates the effect of geographic area on auto insurance prices.

The examples above illustrate why it is important to compare rates using their specific location, rather than relying on rate averages.

Use the form below to get customized rates for your location.

Additional Rate Details

The chart below illustrates estimated Lexus GX 460 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $804
• Drivers who choose higher $1,000 deductibles will pay $1,214 each year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,390
• Buying low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,730
• High risk drivers with multiple tickets or accidents could pay around $3,008 or more
• Policy cost that insures a teen driver can cost $5,254 a year

Auto insurance rates for a Lexus GX 460 also range considerably based on the trim level of your GX 460, your age and driving record, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are probably paying anywhere from $1,700 to $2,300 in extra premium every year, depending on your age. A high-risk auto insurance policy can cost anywhere from 44% to 136% more than the average rate. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will have to pay in the ballpark of $5,200 a year. View Rates by Age

Your home state makes a big difference in Lexus GX 460 insurance rates. A 40-year-old driver could pay as low as $910 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,880 on average in Florida, New York, and Michigan.

Opting for high physical damage deductibles could save up to $520 each year, while buying higher liability limits will push rates upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $414 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to get quotes from as many companies as possible. Every company utilizes a different rate formula, and quoted rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2018 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheap Lexus GX 460 Insurance

Finding cheaper rates on Lexus GX 460 insurance not only requires not taking risks behind the wheel, but also maintaining a good credit score, being claim-free, and not having any coverage lapses. Comparison shop every couple of years by obtaining price quotes from direct insurance companies, and also from your local car insurance providers.

The following is a brief summary of the material that was covered in the above illustrations.

• Drivers who purchase higher liability limits will pay around $510 annually to go from a 30/60 limit to the 250/500 level
• Teens have the highest car insurance rates, possibly costing $438 each month if the policy includes full coverage
• High-risk drivers that tend to have accidents or serious violations could be charged and average of $1,620 more per year for GX 460 insurance
• Increasing comprehensive and collision deductibles can save approximately $525 each year