Lexus LS 460 Insurance Rates in Dallas

Discount Lexus LS 460 insuranceIf saving money is your primary concern, then the best way to get discount Lexus LS 460 insurance in Dallas is to start doing a yearly price comparison from providers who provide car insurance in Texas.

  1. Spend some time learning about how car insurance works and the things you can control to keep rates in check. Many risk factors that cause high rates such as inattentive driving and a substandard credit history can be amended by making minor changes in your lifestyle.
  2. Compare prices from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from a single company like GEICO or Allstate, while agents who are independent can provide price quotes from many different companies.
  3. Compare the price quotes to your existing coverage to see if a cheaper rate is available. If you find a lower rate quote and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
  4. Notify your agent or company of your intention to cancel the current policy. Submit a completed application and payment to the newly selected company. Once coverage is bound, put the new proof of insurance paperwork with your vehicle’s registration.

The most important part of shopping around is to use the same physical damage deductibles and liability limits on every quote and and to get quotes from as many companies as possible. Doing this provides a fair rate comparison and a complete selection of prices.

It’s an obvious assumption that car insurance companies don’t want their customers to go rate shopping. People who perform rate comparisons are highly likely to buy a new policy because there are good odds of finding a lower-priced policy. A recent insurance study discovered that people who compared prices once a year saved on average $865 a year compared to policyholders who never shopped for cheaper rates.

If finding discount rates on insurance in Dallas is why you’re reading this, then having a good understanding how to choose a company and compare insurance premiums can make shopping around easier.

How to lower your Lexus LS 460 insurance cost in Dallas, TX

The companies in the list below are ready to provide quotes in Dallas, TX. If the list has multiple companies, we recommend you visit several of them in order to find the lowest rates.

Coverage statistics and figures

The coverage information shown next covers estimates of insurance premium costs for Lexus LS 460 models. Knowing how insurance prices are calculated can help you make smart choices when comparing insurance quotes.


Lexus LS 460 Insurance Rates in Dallas, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
LS 460 4-Dr Sedan $250 $492 $334 $20 $100 $1,196 $100
LS 460 4-Dr Sedan $250 $492 $334 $20 $100 $1,196 $100
LS 460 AWD 4-Dr $250 $492 $334 $20 $100 $1,196 $100
LS 460 L 4-Dr Sedan $250 $492 $334 $20 $100 $1,196 $100
LS 460 L AWD 4-Dr $250 $492 $334 $20 $100 $1,196 $100
Get Your Own Custom Quote Go

Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Estimates do not factor in specific location information which can influence insurance rates greatly.

Should you raise deductibles?

One frequently asked question is how high should your deductibles be. The data tables below sum up the rate differences between low and high insurance deductibles. The first rate table uses a $250 deductible for comp and collision and the second price table uses a $1,000 deductible.


Lexus LS 460 insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
LS 460 4-Dr Sedan $446 $850 $324 $20 $96 $1,761 $147
LS 460 4-Dr Sedan $446 $850 $324 $20 $96 $1,761 $147
LS 460 AWD 4-Dr $446 $850 $324 $20 $96 $1,761 $147
LS 460 L 4-Dr Sedan $446 $850 $324 $20 $96 $1,761 $147
LS 460 L AWD 4-Dr $446 $850 $324 $20 $96 $1,761 $147
Get Your Own Custom Quote Go

Lexus LS 460 insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
LS 460 4-Dr Sedan $276 $534 $324 $20 $96 $1,250 $104
LS 460 4-Dr Sedan $276 $534 $324 $20 $96 $1,250 $104
LS 460 AWD 4-Dr $276 $534 $324 $20 $96 $1,250 $104
LS 460 L 4-Dr Sedan $276 $534 $324 $20 $96 $1,250 $104
LS 460 L AWD 4-Dr $276 $534 $324 $20 $96 $1,250 $104
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Price estimates do not factor in specific location information which can decrease or increase coverage prices considerably.

We can estimate from the data above that using a $250 deductible costs approximately $43 more each month or $516 annually than buying the higher $1,000 deductible. Since you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 17 months between claims, you would save more money going with the higher deductible.

How to calculate deductible break even period

Average monthly premium for $250 deductibles: $147
Average monthly premium for $1,000 deductibles (subtract): – $104
Monthly savings from raising deductible: $43
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $43
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

The chart below illustrates how your choice of deductibles and can affect Lexus LS 460 yearly insurance costs for different categories of driver ages. The premiums assume a married male driver, full coverage, and no discounts are factored in.

Rate comparison of men versus women

The information below shows the comparison of Lexus LS 460 insurance costs for male and female drivers. The rate quotes are based on no driving violations, no at-fault accidents, comp and collision included, $250 deductibles, drivers are not married, and no discounts are taken into consideration.

How much more does full coverage cost in Dallas?

The diagram below shows the comparison of Lexus LS 460 annual premium costs with full coverage compared to only the Texas minimum liability coverage. The information is based on no claims or violations, $1,000 deductibles, marital status is single, and no discounts are taken into consideration.

When to stop buying full coverage

There is no exact rule of when to exclude full coverage on your policy, but there is a general convention. If the yearly cost of full coverage is 10% or more of replacement cost minus your deductible, then it could be time to drop full coverage.

For example, let’s assume your Lexus LS 460 book value is $8,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after the policy deductible has been paid. If it’s costing you more than $700 a year for physical damage coverage, then it might be time to consider dropping full coverage.

There are some situations where eliminating full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.

Here’s why auto insurance is not optional

Despite the potentially high cost of Lexus LS 460 insurance, insuring your vehicle serves an important purpose.

The benefits of carrying enough insurance definitely exceed the price paid, especially when you need to use it. As of last year, the average driver in Texas is currently overpaying as much as $865 each year so smart consumers compare quotes at every renewal to be sure current rates are still competitive.

Insurance Rate Influencing Factors

Part of the auto insurance buying process is learning the different types of things that go into determining your auto insurance rates. If you understand what influences your rates, this helps enable you to make changes that may reward you with much lower annual insurance costs.

The itemized list below are a few of the “ingredients” used by your company to calculate your rate level.

Will just any policy work for me?

When it comes to buying adequate coverage, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s.Car insurance savings

For instance, these questions could help you determine if your situation would benefit from an agent’s advice.

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can help protect your family.

Quote often and quote early

You just learned some good ideas how you can shop for Lexus LS 460 insurance online. The key concept to understand is the more providers you compare, the higher the chance of saving money. Consumers may even find the lowest prices come from a company that doesn’t do a lot of advertising.

Lower-priced Lexus LS 460 insurance in Dallas is available online as well as from insurance agents, and you need to price shop both to have the best rate selection. A few companies do not offer the ability to get quotes online and many times these smaller providers work with local independent agents.

People change insurance companies for any number of reasons including not issuing a premium refund, being labeled a high risk driver, poor customer service or even policy cancellation. No matter why you want to switch, finding a great new company is less work than it seems.

More tips and info about insurance can be found in the articles below: