How long has it been since you compared low-cost Lexus GX 460 insurance in San Jose? Are you confused by the wide range of auto insurance choices in San Jose? Many other drivers are as well. People have so many choices to choose from that it can easily turn into a ton of work to find a more affordable company. If you’ve ever been there, you know that San Jose is the perfect city to reside in, but expensive auto insurance premiums makes it impossible to affordably buy enough coverage.
Regrettably, a large majority of drivers have bought auto insurance from the same company for at least the last four years, and just under half have never quoted auto insurance rates at all. California drivers could save themselves almost 35% a year just by comparing rates, but they feel it’s too difficult to shop their coverage around.
You need to get comparison quotes quite often because auto insurance prices are constantly changing. Just because you had the lowest quotes on Lexus GX 460 insurance in San Jose last year you may be paying too much now. Ignore everything you know about auto insurance because we’re going to show you the only way to remove unneeded coverages and save money.
If you have car insurance now, you will be able to reduce the price you pay using the ideas you’re about to read. This article’s intent is to help educate you on the best ways to compare prices and also pocket some savings Although California vehicle owners should learn how companies determine what you pay because it can help you find the best coverage.
Best companies for Lexus GX 460 insurance
The companies shown below can provide comparison quotes in San Jose, CA. If more than one company is shown, it’s a good idea that you compare several of them to get a more complete price comparison.
Lexus GX 460 insurance statistics and information
The information shown next covers detailed analysis of policy rates for Lexus GX 460 models. Having knowledge of how insurance premiums are formulated helps drivers make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GX 460 4WD 4-Dr | $318 | $580 | $456 | $26 | $136 | $1,516 | $126 |
| GX 460 Premium 4WD 4-Dr | $350 | $580 | $456 | $26 | $136 | $1,548 | $129 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Premium amounts do not factor in garaging location in San Jose which can influence premiums noticeably.
Physical damage deductibles: Should you raise them?
When shopping for car insurance, a common question is how high should the physical damage coverage deductibles be. The tables below lay out the differences in premium rates of buying low and high physical damage coverage deductibles. The first rate table uses a $100 deductible for comp and collision and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GX 460 4WD 4-Dr | $478 | $932 | $442 | $26 | $132 | $2,035 | $170 |
| GX 460 Premium 4WD 4-Dr | $528 | $932 | $442 | $26 | $132 | $2,085 | $174 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GX 460 4WD 4-Dr | $266 | $490 | $442 | $26 | $132 | $1,356 | $113 |
| GX 460 Premium 4WD 4-Dr | $292 | $490 | $442 | $26 | $132 | $1,382 | $115 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Premium amounts do not factor in garaging location in San Jose which can lower or raise price quotes significantly.
Using the premium rates above, we can conclude that using a $100 deductible costs about $58 more each month or $696 for a full year than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 16 months between claim filings, you would save more money if you decide on a higher deductible.
Gender differences in car insurance premiums
The chart below illustrates the comparison of Lexus GX 460 insurance prices for male and female drivers. The price estimates are based on no driving violations, no at-fault accidents, full coverage, $100 deductibles, drivers are not married, and no policy discounts are applied.
Auto insurance policy discounts you can’t miss
Companies that sell car insurance don’t list every discount they offer in an easy-to-find place, so below is a list both well-publicized and the more hidden discounts that may be available. If you’re not getting every credit possible, you could be getting lower rates.
- Savings for New Vehicles – Buying auto insurance coverage on a new vehicle can be considerably cheaper because newer models have to meet stringent safety requirements.
- College Student Discount – College-age children who attend college more than 100 miles from San Jose and do not take a car to college could qualify for this discount.
- Senior Citizen Rates – Older drivers may be able to get better auto insurance rates.
- Own a Home – Owning a house in San Jose can save you money because owning a home shows financial diligence.
- Driver Education Discount – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in high school.
- Clubs and Organizations – Having an affiliation with qualifying clubs or civic groups may earn a discount when getting a San Jose car insurance quote.
- Telematics Discount – Drivers who elect to allow companies to analyze their driving habits remotely such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if they show good driving skills.
- Sign Online – Some larger companies may give you up to $50 for buying your policy on the web.
- Multi-policy Discount – If you combine your auto and home policies with the same company you could get a discount of up to 20% and get you cheap GX 460 insurance.
Just know that most of the big mark downs will not be given to the whole policy. A few only apply to individual premiums such as collision or personal injury protection. If you do the math and it seems like all the discounts add up to a free policy, it doesn’t quite work that way. Any amount of discount should help lower your auto insurance premiums.
The illustration below visualizes the comparison of Lexus GX 460 premium costs with and without discounts applied to the policy rates. The rates are based on a female driver, no claims or driving citations, California state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, homeowner, multi-policy, and safe-driver discounts applied.
Companies and a selection of discounts are outlined below.
- State Farm has discounts for student away at school, passive restraint, Drive Safe & Save, multiple policy, safe vehicle, good student, and Steer Clear safe driver discount.
- GEICO may offer discounts for air bags, driver training, daytime running lights, good student, seat belt use, and emergency military deployment.
- Liberty Mutual offers discounts for newly married, multi-car, new move discount, good student, newly retired, and multi-policy.
- The Hartford offers discounts including vehicle fuel type, driver training, anti-theft, air bag, bundle, defensive driver, and good student.
- MetLife discounts include good student, multi-policy, claim-free, defensive driver, good driver, and accident-free.
- Progressive includes discounts for online quote discount, good student, continuous coverage, online signing, homeowner, multi-policy, and multi-vehicle.
If you are trying to find the cheapest Lexus GX 460 rate quotes, ask each insurance company what discounts are available to you. Some credits may not apply to policies in San Jose. If you would like to view companies that have a full spectrum of discounts in San Jose, follow this link.
Why You Might Pay Higher Rates in San Jose
It’s important that you understand the different types of things that are used to determine your policy premiums. If you understand what determines premiums, this helps enable you to make changes that can help you get much lower annual insurance costs.
The following are some of the most rate-impacting factors used by companies to determine premiums.
- Deter car thieves – Selecting a car model with a theft deterrent system can save you a little every year. Systems that thwart thieves such as OnStar, LoJack tracking, and tamper alarms all hinder car theft.
- Does your occupation raise your rates? – Careers like lawyers, business owners, and financial analysts are shown to have higher rates than average attributed to intense work situations and lengthy work days. On the other hand, careers such as farmers, engineers and the unemployed have the lowest average rates.
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How’s your driving record? – A bad driving record can have a huge impact on auto insurance premiums. Having a single chargeable violation can bump up the cost substantially. Attentive drivers have lower premiums compared to bad drivers. Drivers with flagrant citations such as hit and run, DWI or reckless driving convictions may need to maintain a SR-22 with their state in order to keep their license.
The diagram below illustrates how speeding tickets and at-fault collisions impact Lexus GX 460 insurance prices for each different age category. The rates are based on a single female driver, full coverage, $500 deductibles, and no additional discounts are factored in.
- Higher rates for car insurance lapses – Not maintaining insurance is a misdemeanor and you may have a hard time finding new coverage because you let your insurance lapse for non-payment. And not only will your rates increase, not being able to provide proof of insurance may result in a fine, jail time, or a revoked license.
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Lexus GX 460 historical loss data – Companies analyze past claim statistics as a tool for profitable underwriting. Vehicles that have higher loss trends will have higher premium rates. The table below outlines the insurance loss data for Lexus GX 460 vehicles.
For each type of coverage, the loss probability for all vehicles averaged together is equal to 100. Numbers shown that are under 100 represent a good loss history, while percentage values above 100 point to more losses or an increased chance of a larger loss.
Auto Insurance Loss Data for Lexus GX 460 Models Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Lexus GX 460 4dr 4WD 97 100 125 63 52 63 BETTERAVERAGEWORSEData Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
It’s not one size fits all
When quoting and choosing the right insurance coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different.
These are some specific questions might help in determining whether your personal situation may require specific advice.
- When should I remove my kid from my policy?
- Do I need replacement cost coverage?
- Do I need replacement cost coverage on my Lexus GX 460?
- What are the financial responsibility laws in my state?
- Should I have combined single limit or split liability limits?
- What exactly is covered by my policy?
- When should I not buy collision coverage?
- Can I rent a car in Mexico?
If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form.
Getting quotes from local San Jose insurance agencies
Many drivers would prefer to get professional advice from a licensed agent and that is a smart decision The biggest benefit of comparing insurance prices online is you can get cheap auto insurance quotes and still buy from a local agent. And buying from local insurance agents is still important in San Jose.
For easy comparison, once you complete this quick form, your insurance data gets sent to companies in San Jose that can provide free San Jose car insurance quotes and help you find cheaper coverage. You don’t have to contact any agents since price quotes are sent to you directly. Get lower rates without the usual hassles of price shopping. If for some reason you want to get a price quote from a particular provider, feel free to go to their quote page to submit a rate quote request.
Exclusive or Independent: There is a difference
If you are wanting to find a good San Jose insurance agent, it’s important to understand the types of insurance agents and how they operate. Auto insurance policy providers can be described as either independent or exclusive depending on the company they work for.
Independent Agents (or Brokers)
Agents of this type do not have single company limitations so as a result can place your coverage through many companies enabling the ability to shop coverage around. If you want to switch companies, they can switch companies in-house and the insured can keep the same agent.
If you are comparing rate quotes, we highly recommend that you get insurance quotes from several independent agencies to have the most options to choose from. Many independent agencies also insure through additional companies that you may not be familiar with which may have better rates.
Featured below is a list of independent insurance agents in San Jose that can possibly get you free auto insurance rate quotes.
- HealthMarkets Insurance Agency
543 W Capitol Expy – San Jose, CA 95136 – (408) 441-7777 – View Map - All Coverage Insurance Agency
3033 Moorpark Ave #27 – San Jose, CA 95128 – (408) 244-9100 – View Map - Cya Insurance Agency From Sn
1271 Story Rd #50 – San Jose, CA 95122 – (408) 971-4172 – View Map
Exclusive Agencies
Exclusive insurance agents normally can only provide a single company’s rates and examples are Farmers Insurance and State Farm. Exclusive agents are unable to provide other company’s prices so they really need to provide good service. Exclusive insurance agents receive extensive training on their products and sales techniques which helps overcome the inability to quote other rates. Some insured continue to choose to use an exclusive agent partially due to the brand rather than having the cheapest rates.
The following is a short list of exclusive insurance agencies in San Jose that are able to give rate quotes.
- Andre Nguyen – State Farm Insurance Agent
4990 Speak Ln #220 – San Jose, CA 95118 – (408) 265-8888 – View Map - Farmers Insurance
1080 Minnesota Ave # 4 – San Jose, CA 95125 – (408) 294-4348 – View Map - Allstate Insurance: Phuong Tran
510 N 1st St Ste 224 – San Jose, CA 95112 – (408) 993-9898 – View Map
Selecting a insurance agent should depend on more than just a cheap price. A good agent in San Jose will have answers to these questions.
- Is the coverage adequate for your vehicle?
- How will an accident affect your rates?
- Which companies can they place coverage with?
- Does the agency have a current Errors and Omissions policy?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Is the agent CPCU or CIC certified?
- Will you work with the agent or an assistant?
One last thing to lower rates
You just learned a lot of tips how to shop for Lexus GX 460 insurance online. The key concept to understand is the more rate quotes you have, the better likelihood of getting affordable Lexus GX 460 insurance quotes. Drivers may even discover the best price on car insurance is with a small local company.
Budget-friendly car insurance in San Jose is attainable both online as well as from insurance agents, and you need to price shop both to have the best chance of lowering rates. Some companies may not have price quotes online and many times these smaller companies prefer to sell through independent insurance agents.
As you shop your coverage around, make sure you don’t buy poor coverage just to save money. In too many instances, an accident victim reduced uninsured motorist or liability limits to discover at claim time that they should have had better coverage. The ultimate goal is to find the BEST coverage at an affordable rate.
How to find cheaper rates for Lexus GX 460 insurance in San Jose
To save the most money, the best way to get cheaper car insurance rates is to regularly compare quotes from providers who sell auto insurance in San Jose. You can compare rates by following these guidelines.
- Gain an understanding of what is in your policy and the factors you can control to keep rates low. Many things that increase rates like speeding tickets, accidents and poor credit history can be controlled by being financially responsible and driving safely.
- Request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO or Allstate, while independent agencies can provide prices for a wide range of insurance providers. View companies
- Compare the new quotes to your current policy and determine if there is any savings. If you find a lower rate quote and decide to switch, ensure coverage does not lapse between policies.
- Notify your agent or company of your decision to cancel your existing policy. Submit a signed application and payment to the new company. As soon as you receive it, keep your new proof of insurance certificate with the vehicle registration.
One bit of advice is that you’ll want to make sure you compare similar limits and deductibles on every price quote and and to get rate quotes from every insurance company. This guarantees an accurate price comparison and a better comparison of the market.
Even more information can be read in these articles:
- Rental Car Insurance Tips (Insurance Information Institute)
- What Auto Insurance is Cheapest for a School Permit in San Jose? (FAQ)
- Who Has the Cheapest Auto Insurance for Teachers in San Jose? (FAQ)
- Who Has Affordable San Jose Auto Insurance for a Dodge Ram? (FAQ)
- Who Has the Cheapest San Jose Auto Insurance for a Toyota RAV4? (FAQ)
- Who Has Cheap Auto Insurance for Welfare Recipients in San Jose? (FAQ)
- Who Has Affordable Car Insurance for Teenage Females in San Jose? (FAQ)
- Child Safety FAQ (iihs.org)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- How to shop for a safer car (Insurance Institute for Highway Safety)