Lexus LC-500 Insurance Rates
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UPDATED: Jun 6, 2023
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Shopping for auto insurance through online rate quotes can be fast and easy and there is a good chance you can save money. The most important part is to get rates from as many companies as possible in order to accurately compare the lowest prices.
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Car insurance premiums for your Lexus LC-500 can fluctuate considerably depending on several factors. Some of these factors include:
- Higher performance LC-500 vehicles cost more
- Accidents raise premiums
- Whether you insure your home with the same company
- Pleasure, commuting or business use can affect rates
- Young drivers cost more
- Being married may save money
- Extra coverages like towing and rental
- Your claim history
- Having current coverage saves
- Whether you own your home
An additional factor that will help determine Lexus LC-500 insurance rates is the year of the vehicle. Older cars and trucks cost less than newer models so the payout to repair may result in lower rates. On the flip side, more recent LC-500 vehicles may have safety features like an advanced theft deterrent system, traction control, lane departure warning system, and dual-stage airbags which may help offset higher rates.
Auto liability - damage that occurs to things like legal defense fees, bail bonds, and repair bills for other people's vehicles. .
Collision coverages - another car or object. . , . .
Comprehensive (Other than Collision) - OTHER than collision with another vehicle or object. . you'll receive from a claim , .
Uninsured or underinsured coverage - Your UM/UIM coverage . , . .
Medical payments and PIP coverage - short-term medical expenses nursing services, prosthetic devices, and dental work. . .
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