To save the most money, the best way to save money on Lexus LX 570 insurance in Tucson is to compare prices at least once a year from different companies who provide auto insurance in Arizona.
- Try to learn about what coverages are included in your policy and the measures you can control to prevent high rates. Many rating criteria that result in higher prices such as at-fault accidents and a poor credit rating can be improved by making lifestyle changes or driving safer. This article provides additional tips to help keep prices low and get discounts that may be available to you.
- Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from one company like Progressive or State Farm, while independent agents can give you price quotes from multiple companies.
- Compare the quotes to your existing coverage to see if a cheaper price is available. If you find better rates, make sure coverage does not lapse between policies.
- Provide adequate notice to your current company of your decision to cancel your existing policy and submit a signed application and payment to the new insurer. As soon as coverage is bound, put the new proof of insurance paperwork in an accessible location in your vehicle.
The critical component of shopping around is to use the same coverage limits and deductibles on each quote and and to get price estimates from as many different insurance providers as possible. This guarantees the most accurate price comparison and a complete price analysis.
Amazingly, a recent NerdWallet.com study showed that a large majority of consumers kept their policy with the same company for more than four years, and almost 40% of drivers have never even compared rates from other companies. Tucson drivers could save themselves $733 a year just by comparing rates, but they just feel it’s too hard to shop their coverage around.
Buy Tucson Lexus LX 570 insurance online
The companies in the list below are our best choices to provide comparison quotes in Arizona. If your goal is to find the cheapest auto insurance in Arizona, we suggest you visit several of them in order to find the most affordable rates.
Protect more than your Lexus vehicle
Despite the high cost of buying insurance for a Lexus LX 570 in Tucson, auto insurance is required in Arizona but it also protects you in many ways.
First, just about all states have mandatory insurance requirements which means the state requires specific minimum amounts of liability if you don’t want to risk a ticket. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a loan on your vehicle, most lenders will make it a condition of the loan that you buy full coverage 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 more expensive rate and require you to fork over for it.
Third, auto insurance protects both your Lexus and your personal assets. It will also provide coverage for medical bills for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney if someone files suit against you as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, your policy will cover the repair costs.
The benefits of buying enough insurance are definitely more than the cost, specifically if you ever have a liability claim. But the average driver in Arizona is overpaying more than $750 every year so it’s recommended you shop around once a year at a minimum to save money.
Detailed insurance information
The rate information displayed below showcases a range of insurance prices for Lexus LX 570 models. Learning a little about how car insurance prices are determined can benefit drivers when making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LX 570 4WD 4-Dr | $328 | $656 | $314 | $18 | $94 | $1,410 | $118 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Price estimates do not factor in specific location information which can modify prices significantly.
Physical damage deductible comparison
When buying auto insurance, a common question is how high should the physical damage deductibles be. The rates below illustrate the rate differences between low and high coverage deductibles. The first rate comparisons uses a $250 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 |
|---|---|---|---|---|---|---|---|
| LX 570 4WD 4-Dr | $380 | $668 | $300 | $18 | $90 | $1,481 | $123 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LX 570 4WD 4-Dr | $236 | $420 | $300 | $18 | $90 | $1,064 | $89 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Prices do not factor in specific location information which can revise premium rates substantially.
Based on the figures above, using a $250 deductible costs about $34 more each month or $408 each year than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 22 months between claim filings, you would come out ahead if you choose the higher deductible. The table below illustrates a better example of how you can come to your own conclusion.
| Average monthly premium for $250 deductibles: | $123 |
| Average monthly premium for $1,000 deductibles (subtract): | – $89 |
| Monthly savings from raising deductible: | $34 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $34 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 22 months |
Males versus Females
The illustration below shows the difference between Lexus LX 570 insurance prices for male and female drivers. The premium estimates are based on no tickets, no at-fault accidents, comprehensive and collision coverage, $500 deductibles, single status, and no discounts are taken into consideration.
Car insurance policy discounts for Lexus LX 570 insurance in Tucson
Some providers do not advertise every available discount very clearly, so the following is a list of both well-publicized in addition to some of the lesser obvious discounts that may be available.
- Mature Driver Discount – If you qualify as a senior citizen, you are able to get a discount up to 10%.
- Defensive Driver – Taking a course in defensive driving could save 5% or more if you qualify.
- Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices can help prevent theft and will save you 10% or more on LX 570 insurance in Tucson.
- Homeowners Savings – Just owning your own home can get you a discount because owning a home means you have a higher level of financial diligence.
- Accident-Free Discounts – Good drivers with no accidents can earn big discounts compared to frequent claim filers.
- First Accident Forgiveness – Not necessarily a discount, but companies like State Farm, Progressive and GEICO will let one accident slide without the usual rate increase if your claims history is clear for a certain period of time.
- Low Mileage Discounts – Low mileage vehicles can qualify you for slightly better car insurance rates than normal.
- Sign Early and Save – Select companies give a discount for buying a new policy before your current expiration date. You may see this discount when you get Tucson auto insurance quotes online.
A little note about advertised discounts, most discounts do not apply to all coverage premiums. Some only reduce specific coverage prices like liability and collision coverage. Even though it appears you can get free auto insurance, companies don’t profit that way.
The information below visualizes the comparison of Lexus LX 570 annual premium costs with and without some available policy discounts. The information is based on a male driver, no claims, a clean driving record, Arizona state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, marriage, homeowner, multi-policy, and multi-car discounts applied.
To locate providers that have a full spectrum of discounts in Arizona, click this link.
Do I just need basic coverages?
When quoting and choosing coverage for your personal vehicles, there is no “perfect” insurance plan. You are unique.
For example, these questions could help you determine whether or not you might need an agent’s assistance.
- Does my policy cover me if I wreck while driving under the influence?
- How much will a speeding ticket raise my rates?
- What is glass protection for?
- What does PIP insurance cover?
- Am I covered by my spouse’s policy after a separation?
- Is a fancy paint job covered?
- Do I need added coverage for expensive stereo equipment?
If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form. It only takes a few minutes and can help protect your family.