Have you fallen victim to an overpriced auto insurance policy? It’s a common feeling and many consumers are feeling buyer’s remorse and feel like there’s no way out.
A recent NerdWallet.com study revealed that almost 70% of insureds kept buying from the same company for a minimum of four years, and about 40% of consumers have never even shopped around for cheap coverage. Drivers in Washington could pocket as much as $430 a year by just comparing quotes, but most tend to underestimate the amount of money they would save if they replace their high priced policy.
Vehicle owners have many auto insurance companies to pick from, and although it’s nice to have a choice, lots of choices makes it harder to compare rates and cut insurance costs.
Finding more affordable auto insurance policy in Seattle is not as time-consuming as you think. Virtually every person who compares rates for auto insurance will more than likely be able to find better rates. But Washington drivers do need to understand how companies sell online because rates fluctuate considerably.
Quote Lexus GX 460 Insurance Cheaper
A large part of saving on insurance is knowing a few of the rating criteria that aid in calculating your premiums. If you have a feel for what positively or negatively impacts your premiums, this enables informed choices that can help you get better insurance rates.
Males pay more for car insurance – The statistics show that females take fewer risks when driving. However, don’t assume that males are worse at driving than females. They both get in fender benders at about the same rate, but men cause more damage. Not only that, but men also receive more costly citations like driving under the influence (DUI). Young males tend to get in the most accidents so it costs more to insure them.
High claims frequency drives up premiums – Auto insurance companies in Washington provide discounts to drivers who are not frequent claim filers. If you tend to file frequent claims, you can pretty much guarantee much higher rates or policy non-renewal. Insurance coverage is intended for the bigger claims that can’t be paid out-of-pocket.
Never let your insurance policy lapse – Not maintaining insurance is against the law and companies may charge more for letting your coverage lapse. Not only will rates go up, getting caught without coverage can result in a revoked license or a big fine.
Increase deductibles and save – Physical damage coverage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Lexus. Some coverage claims are a dented fender, vandalism, and damage caused by flying debris. The deductibles you choose are how much you are required to spend if you file a covered claim. The more of the claim you pay before a claim is paid (deductible), the less money you will pay for insurance.
Choose high crash test ratings and save – Safer cars tend to have better insurance rates. These vehicles reduce the chance of injuries and fewer injuries means your insurance company pays less and thus lower rates. If your Lexus scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
Put fewer miles on your vehicle – The higher the mileage driven in a year the more you’ll pay to insure your vehicle. Most insurance companies charge rates based upon how much you drive. Vehicles that have low annual miles get more affordable rates compared to those used for work or business. Having an incorrect usage rating on your GX 460 is just wasting money. Ask your agent if your insurance declarations sheet reflects the correct usage for each vehicle.
Save money by having responsible credit – A driver’s credit rating will be a significant factor in determining your rates. Consumers who have very high credit ratings tend to be better drivers and file fewer claims as compared to drivers with worse credit. Therefore, if your credit history could use some work, you could pay less to insure your Lexus GX 460 by taking the time to improve your credit score.
Consolidate home and auto and save – Most larger companies afford discounts to insureds who consolidate policies with them in the form of a multi-policy discount. The amount of the discounts can be ten or even fifteen percent. Even though this discount sounds good, it’s in your best interest to check prices from other companies to make sure you are getting the best deal.
Lexus GX 460 insurance loss data – Insurance companies use past loss statistics for each vehicle to help determine prices. Models that the data shows to have higher losses will be charged more to insure.
The table below demonstrates the collected loss data for Lexus GX 460 vehicles. For each coverage type, the claim amount for all vehicles averaged together is set at 100. Values that are 100 or less mean the vehicle has better than average losses, while numbers above 100 show a trend for more claims or an increased chance of larger losses than average.
Insurance Loss Ratings for Lexus GX 460 Vehicles
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Lexus GX 460 4dr 4WD | 97 | 100 | 125 | 63 | 52 | 63 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
To find inexpensive Seattle auto insurance quotes, there are several ways of comparing rate quotes from many available insurance companies in Washington. The fastest way to find the lowest Lexus GX 460 rates is simply to get online rate quotes.
Getting free quotes online is quite simple, and it makes it obsolete to waste gas driving to insurance agencies in your area. Doing it all online has reduced the need for local agents unless you require the professional abilities that only a licensed agent can provide. If you prefer, some companies allow you to comparison shop your insurance online but have a local agent actually write the policy.
Just keep in mind that comparing more rates from different companies gives you a better chance of getting more affordable insurance.
The companies shown below are our best choices to provide free quotes in Washington. If multiple companies are shown, it’s highly recommended you visit two to three different companies to get a more complete price comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GX 460 4WD 4-Dr | $224 | $474 | $384 | $22 | $114 | $1,218 | $102 |
| GX 460 Premium 4WD 4-Dr | $316 | $520 | $294 | $18 | $88 | $1,236 | $103 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Washington minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Information does not factor in specific location information which can modify premium rates substantially.
Drive safe and save
The information below highlights how traffic violations and at-fault collisions can drive up Lexus GX 460 auto insurance rates for different ages of insureds. The costs are based on a single male driver, comp and collision included, $250 deductibles, and no discounts are applied.
Raise deductibles and save
The information below shows how choosing a deductible and can change Lexus GX 460 insurance rates for different age categories. The rate quotes are based on a single female driver, full coverage, and no discounts are applied to the premium.
Buying the right GX 460 insurance in Washington is an important decision
Even though it can be expensive, buying insurance may be mandatory for several reasons.
First, most states have minimum liability requirements which means you are required to buy a specific minimum amount of liability insurance in order to be legal. In Washington these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your vehicle, almost every bank will have a requirement that you buy full coverage to protect their interest in the vehicle. If you let the policy lapse, the lender may have to buy a policy to insure your Lexus at a much higher premium rate and make you pay for the much more expensive policy.
Third, insurance preserves your car and your assets. It will also pay for many types of medical costs for yourself as well as anyone injured by you. Liability coverage will also pay attorney fees in the event you are sued. If your Lexus gets damaged, your insurance policy will cover the damage repairs after a deductible is paid.
The benefits of insuring your GX 460 are definitely more than the cost, especially when you need to use it. Unknowingly, the average driver overpays as much as $810 a year so compare rate quotes at every policy renewal to ensure rates are competitive.
Discounts for cheap insurance rates
Insurance is easily one of your largest bills, but you may be missing some discounts that can help lower your rates. Many discounts should be triggered at quote time, but a few must be inquired about before you get the savings.
- Seattle Homeowners Discount – Just being a homeowner can earn you a little savings due to the fact that maintaining a home is proof of financial responsibility.
- Military Rewards – Being on active deployment in the military can result in better premium rates.
- Student in College – Older children who are enrolled in higher education away from home and won’t have access to an insured vehicle can receive lower rates.
- Discount for Swiching Early – A few insurance companies offer discounts for buying a policy before your current coverage expires. The savings is around 10%.
- Passenger Safety Discount – Vehicles with factory air bags may qualify for discounts of up to 25% or more.
- Waiver for an Accident – Not really a discount, but certain companies may permit one accident before your rates go up with the catch being you have to be claim-free before the accident.
- Theft Deterrent – Cars with anti-theft systems are less likely to be stolen and will save you 10% or more on GX 460 insurance in Seattle.
- Braking Control Discount – Cars and trucks that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more on GX 460 insurance in Seattle.
- Senior Citizen Rates – If you qualify as a senior citizen, you may receive a small decrease in premiums.
- Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to complete a driver education course if it’s offered in school.
Keep in mind that most of the big mark downs will not be given to the overall cost of the policy. Most only cut specific coverage prices like physical damage coverage or medical payments. So even though you would think you could get a free insurance policy, you won’t be that lucky.
A few companies that may offer quotes with these benefits possibly include:
Before buying, ask each insurance company which discounts you qualify for. A few discounts might not be offered in Seattle. If you would like to choose from a list of insurers with discount rates in Washington, follow this link.
Compare prices but buy from a local Seattle insurance agent
Many drivers still prefer to have an agent’s advice and that is a smart decision One of the benefits of comparing rates online is that you can find the best rates but also keep your business local. Buying insurance from neighborhood insurance agencies is still important in Seattle.
Upon completion of this quick form, the coverage information is sent to agents in your area who want to provide quotes for your business. You won’t even need to contact any insurance agencies because quoted prices will be sent to you instantly. You can most likely find cheaper rates and a licensed agent to talk to. If you want to compare rates from a specific company, just find their quoting web page and give them your coverage information.
When narrowing the list to find a local insurance agency, there are a couple of different agency structures and how they are slightly different. Insurance agencies in Seattle can be classified as either independent (non-exclusive) or exclusive.
Independent Agencies or Brokers
Agents in the independent channel often have affiliation with several companies and that allows them to write policies with lots of companies and find the cheapest insurance rates. If they quote lower rates, your agent can switch companies and you don’t have to switch agencies. When comparing insurance prices, we recommend you include a few independent agents to have the best price comparison.
Below are Seattle independent insurance agents that may be able to provide pricing information.
Spangler Insurance
431 15th Ave E – Seattle, WA 98112 – (206) 329-7447 – View Map
Cairns Insurance Agency
13751 Lake City Way NE #214 – Seattle, WA 98125 – (206) 368-8117 – View Map
Sound Insurance Agency, Inc.
9627 Aurora Ave N – Seattle, WA 98103 – (206) 527-0888 – View Map
Exclusive Agencies
Agents that elect to be exclusive write business for a single company like Farmers Insurance, State Farm, or Allstate. These agents are not able to compare other company’s rates so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents are usually quite knowledgeable on what they offer which helps them sell on service rather than price.
Shown below are Seattle exclusive agents who can help you get price quote information.
Andy Hubbard – State Farm Insurance Agent
1515 NW 52nd St a – Seattle, WA 98107 – (206) 789-4211 – View Map
State Farm – Catherine Budbill
929 N 130th St #5 – Seattle, WA 98133 – (206) 361-3770 – View Map
Brent Amacher – State Farm Insurance Agent
2319 California Ave SW Ste A – Seattle, WA 98116 – (206) 935-0499 – View Map
Picking the best auto insurance agent requires more thought than just a cheap price. Some important questions to ask are:
- Is the quote a firm price?
- Will they give you a referral list?
- Where would glass claims be handled in Seattle?
- Will a damage claim use OEM or aftermarket replacement parts?
- Is there any savings for paying the full premium?
Car insurance is unique, just like you
When it comes to coverage for your vehicles, there really is not a perfect coverage plan. Every insured’s situation is different and your car insurance should be unique as well.
For example, these questions may help highlight if your insurance needs would benefit from an agent’s advice.
- How much liability coverage do I need in Washington?
- If my car is totalled with they pay enough to replace it?
- When can I cancel my policy?
- Is a blown tire covered by insurance?
- Which is better, split liability limits or combined limits?
- Am I insured when driving a different vehicle?
- Am I covered if I hit my neighbor’s mailbox?
- Am I covered when using my vehicle for business?
- Does every company file a SR-22 automatically?
If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.
Final considerations
Some insurance companies don’t offer online rate quotes and most of the time these smaller companies prefer to sell through independent agents. Discount Lexus GX 460 insurance can be sourced online in addition to local insurance agencies, and you need to price shop both so you have a total pricing picture.
You just read a lot of techniques to reduce Lexus GX 460 insurance auto insurance rates online in Seattle. It’s most important to understand that the more times you quote, the higher your chance of finding affordable Lexus GX 460 insurance quotes. You may even be surprised to find that the lowest auto insurance rates come from some of the lesser-known companies. Some small companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as Allstate and Progressive.
When shopping online for car insurance, don’t be tempted to skimp on coverage in order to save money. Too many times, an insured dropped full coverage only to find out that the savings was not a smart move. Your aim should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.
More information
- Collision Coverage (Liberty Mutual)
- Who Has Cheap Car Insurance for Seniors in Seattle? (FAQ)
- How Much is Car Insurance for First-time Drivers in Seattle? (FAQ)
- Who Has Affordable Seattle Auto Insurance for 17 Year Olds? (FAQ)
- How Much is Seattle Auto Insurance for a Honda Accord? (FAQ)
- What Auto Insurance is Cheapest in Seattle, Washington? (FAQ)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- Teen Driver Licensing Information (iihs.org)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)