Lexus LS 460 Insurance Rates

The average insurance rates for a Lexus LS 460 are $1,244 a year for full coverage. Comprehensive insurance costs an estimated $266, collision costs $440, and liability is $402. Buying just liability costs around $446 a year, with insurance for high-risk drivers costing $2,692 or more. 16-year-old drivers cost the most to insure at $4,662 a year or more.

Average premium for full coverage: $1,244

Policy rates broken down by type of insurance:

Prices include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for different LS 460 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on insurance rates. More rural locations are shown to have lower incidents of accident claims than congested cities.

The price range example below illustrates how location helps determine insurance prices.

The examples above show why anyone shopping for car insurance should compare rates quotes for a targeted area, instead of making a decision based on rate averages.

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

Additional Rate Analysis

The chart below shows estimated Lexus LS 460 insurance rates for other coverage scenarios.

• The best full coverage rate is $718
• Raising to $1,000 deductibles will save approximately $160 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,244
• Buying more expensive low deductibles will cost an additional $312 annually
• Drivers with multiple tickets or accidents could pay up to $2,692 or more
• Policy cost that insures a 16-year-old driver with full coverage can cost as much as $4,662

Insurance rates for a Lexus LS 460 also range considerably based on the model year and trim level, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,500 to $2,000 extra every year, depending on your age. High-risk driver insurance is expensive and can cost from 43% to 134% more than the average rate. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,200 every 12 months on average, or $100 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay at least $4,600 a year. View Rates by Age

Your home state also has a big influence on Lexus LS 460 insurance prices. A middle-age driver might find rates as low as $820 a year in states like Iowa, Maine, and Idaho, or at least $1,780 on average in New York, Louisiana, and Michigan.

Opting for high physical damage deductibles can reduce rates by up to $480 annually, while increasing your policy's liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know which auto insurance is cheapest is to compare rates from multiple companies. Every auto insurance company utilizes a different rate formula, so the rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2013 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 the Right Lexus LS 460 Insurance

Finding cheaper rates on insurance for a Lexus LS 460 consists of having a decent driving record, having above-average credit, avoid buying unnecessary coverage, and taking advantage of discounts. Comparison shop at least every other year by getting quotes from direct carriers, and also from your local independent and exclusive agents.

The following items are a quick rundown of the car insurance concepts covered in the charts and tables above.

• Drivers considered higher risk with reckless driving or DUI convictions may pay on average $1,450 more annually than a driver with a clean driving record
• Drivers can save approximately $150 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save approximately $475 each year
• Insureds who want additional liability coverage will pay around $440 each year to raise from a 30/60 limit to the 250/500 level