A recent study showed that the vast majority of consumers have bought insurance from the same company for at least the last four years, and 38% of drivers have never quoted rates to find cheap coverage. Most drivers in Bakersfield could save 35% every year by just shopping around, but most tend to underestimate the amount of money they would save if they moved their coverage to a different company.
To save the most money, the best way to get discount Lexus LS 460 insurance is to regularly compare prices from different companies who provide auto insurance in Bakersfield. You can compare prices by completing these steps.
Step 1: Try to understand the coverage provided by your policy and the modifications you can make to drop your rates. Many rating criteria that drive up the price such as tickets, at-fault accidents, and an unacceptable credit score can be improved by paying attention to minor details.
Step 2: Obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like Progressive or Farmers Insurance, while independent agents can quote prices from many different companies. Start a quote
Step 3: Compare the new rate quotes to your current policy premium to determine if switching companies saves money. If you find a better price and make a switch, make sure coverage does not lapse between policies.
A key point to remember is that you use the same coverage limits and deductibles on every quote request and to quote with as many different companies as possible. Doing this guarantees an accurate price comparison and a complete selection of prices.
Quoting affordable car insurance policy in Bakersfield is not as confusing as people think. If you have insurance now or need new coverage, you can follow these tips to reduce the price you pay without reducing coverage. Drivers only need an understanding of the most time-saving way to quote multiple rates online.
Getting low cost insurance pricing can be relatively painless. All that’s required is to take a few minutes to get quotes from some recommended companies.
The companies shown below have been selected to offer free quotes in Bakersfield, CA. If multiple providers are shown, we recommend you visit several of them in order to get a fair rate comparison.
Rates and statistics
The information displayed next covers a range of coverage prices for Lexus LS 460 models. Learning more about how auto insurance premiums are figured is important for you to make smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LS 460 4-Dr Sedan | $480 | $794 | $492 | $30 | $148 | $1,944 | $162 |
| LS 460 4-Dr Sedan | $480 | $794 | $492 | $30 | $148 | $1,944 | $162 |
| LS 460 AWD 4-Dr | $480 | $794 | $492 | $30 | $148 | $1,944 | $162 |
| LS 460 L 4-Dr Sedan | $480 | $794 | $492 | $30 | $148 | $1,944 | $162 |
| LS 460 L AWD 4-Dr | $480 | $794 | $492 | $30 | $148 | $1,944 | $162 |
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Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Rates do not factor in specific Bakersfield garaging location which can change coverage prices considerably.
The chart below highlights how deductible selection and can impact Lexus LS 460 yearly insurance costs for different insured age categories. The premiums are based on a married male driver, full physical damage coverage, and no discounts are applied.
Premiums by gender and age
The information below shows the difference between Lexus LS 460 insurance costs for male and female drivers. The data is based on no driving violations, no at-fault accidents, comp and collision included, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.
Three reasons to not skimp on insurance
Even though Bakersfield LS 460 insurance rates can get expensive, paying for insurance is most likely required but also gives you several important benefits.
- Most states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability coverage if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your vehicle has a lienholder, it’s most likely the lender will make it mandatory that you buy insurance to guarantee payment of the loan. If you do not pay your insurance premiums, the bank may buy a policy for your Lexus at a much higher rate and force you to pay the higher price.
- Insurance protects both your assets and your vehicle. It will also cover most medical and hospital costs incurred in an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense in the event you are sued. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of having insurance are definitely more than the cost, particularly if you ever have a claim. According to a 2015 survey, the average American driver overpays more than $865 each year so it’s very important to do a rate comparison at every policy renewal to be sure current rates are still competitive.
Get Lower-cost Insurance Premiums by Understanding These Factors
Smart consumers have a good feel for the rating factors that aid in calculating the rates you pay for insurance. If you have some idea of what influences your rates, this empowers consumers to make smart changes that could result in much lower annual insurance costs. Lots of factors are part of the calculation when you get your auto insurance bill. Most are fairly basic such as your driving history, although some other factors are more transparent like your continuous coverage or your commute time.
Can a thief steal your car? – Purchasing a vehicle with advanced anti-theft systems can get you a discount on your insurance. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems help track and prevent vehicle theft.
A policy lapse is a bad thing – Driving any period of time without insurance is against the law and insurance companies will penalize you for letting your coverage cancel without a new policy in place. And not only will insurance be more expensive, being ticketed for driving with no insurance might get you fines or a revoked license.
Vocation reflects on rates – Occupations like fire fighters, airline pilots, and miners usually pay higher premium rates attributed to intense work-related stress and lengthy work days. On the other hand, professions such as farmers, students and performers receive lower rates.
The type of car, truck or SUV makes a difference – The make and model of the car, truck or SUV you are insuring makes a substantial difference in your car insurance bill. The lowest base rates will normally be found when insuring the lowest performance passenger cars, but that’s not the only thing that factors into the final price.
The following data is based on a single female driver age 20, full coverage with $250 deductibles, and no discounts or violations. It illustrates Lexus LS 460 policy rates compared to other vehicles that have different performance risks.
Traffic violations can increase costs – Drivers with clean records pay less for auto insurance compared to bad drivers. Even one citation could increase your next policy renewal forty percent or more. Drivers who get serious violations like hit and run, DWI or reckless driving convictions might be required by their state to file a SR-22 with their state motor vehicle department in order to legally drive.
The example below highlights how speeding tickets and at-fault accidents can affect Lexus LS 460 insurance costs for different age groups. The price estimates are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied to the premium.
Rates impacted by your city – Being located in smaller towns and rural areas of the country is a good thing if you are looking for the lowest rates. Fewer drivers on the road means a lower chance of having an accident in addition to fewer liability claims. Residents of big cities tend to have much more traffic and longer commute times. The longer drive time can result in more accidents.
Lexus LS 460 statistical loss data – Insurance companies use past loss statistics for each vehicle as a way to help calculate a profitable premium rate. Models that are shown to have a trend towards higher claim severity or frequency will have a higher cost to insure. The table below shows the collected loss data for Lexus LS 460 vehicles.
For each insurance policy coverage type, the statistical loss for all vehicles averaged together is a value of 100. Percentage numbers below 100 indicate a favorable loss history, while values over 100 indicate a higher chance of having a claim or an increased likelihood of larger losses.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Lexus LS 460 4dr 2WD | 155 | 76 | 203 | 52 | ||
| Lexus LS 460 4dr 4WD | 207 | 102 | 239 | 62 | ||
| Lexus LS 460 L 4dr 2WD | 199 | |||||
| Lexus LS 460 L 4dr 4WD | 251 | 324 |
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Lower rates by being persistent
Cost effective Lexus LS 460 insurance can be bought online in addition to local insurance agencies, so get free Bakersfield car insurance quotes from both of them to get a complete price analysis. Some insurance companies may not have rates over the internet and usually these small, regional companies prefer to sell through independent agents.
We covered many tips how you can compare Lexus LS 460 insurance rates in Bakersfield. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting inexpensive Bakersfield car insurance quotes. Consumers could even find that the lowest rates come from a company that doesn’t do a lot of advertising.
As you shop your coverage around, it’s very important that you do not reduce needed coverages to save money. There are too many instances where someone sacrificed uninsured motorist or liability limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy the best coverage you can find at the best possible price but still have enough coverage for asset protection.
To learn more, take a look at the following helpful articles:
- Older Drivers FAQ (iihs.org)
- Who Has Affordable Car Insurance Rates for a Toyota Camry in Bakersfield? (FAQ)
- How Much are Car Insurance Quotes for a Ford Explorer in Bakersfield? (FAQ)
- Who Has Cheap Car Insurance Quotes for Young Drivers in Bakersfield? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Good Drivers in Bakersfield? (FAQ)
- What Car Insurance is Cheapest for a Honda Pilot in Bakersfield? (FAQ)
- Who Has Affordable Bakersfield Auto Insurance for Uninsured Drivers? (FAQ)
- Anti-Lock Brake FAQ (iihs.org)
- Side Impact Crash Tests (iihs.org)
- State Car Insurance Guides (GEICO)