Keep Your Beauty Protected with Lexus GX Auto Insurance

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Things to Remember...
  • It’s a good idea to make sure that your Lexus GX has insurance to cover it from all types of damage or loss
  • Your state will probably require you to have liability insurance on any automobile
  • To pay for damages to your car after an accident, you will need collision coverage, and you’ll want to make sure that you have enough to cover the full cost of your Lexus GX
  • The Lexus GX has a below-average risk of theft, which can save you some money on your auto insurance
  • Your driving record will also go a long way toward determining how much you will pay for car insurance, the better the record, the lower your premiums

The Lexus GX is a fine automobile that most people would be proud to own. It is also an expensive automobile, with prices as high as $58,000. With that in mind, it’s a good idea to make sure that your Lexus GX has insurance to cover it from all types of damage or loss.

If you need an insurance quote for your Lexus GX, type your ZIP code into the FREE insurance quote tool now!

Driving a car without enough insurance or without the right type of insurance can leave you with huge repair bills or without a car in the event of an accident or other issues with the car.

When your car is a Lexus GX, the loss is even more pronounced, due to the value and prestige of the automobile.

Besides, a Lexus isn’t like some beater you don’t mind driving around with a few scratches or dents; you want this car in perfect shape all the time.

Types and Levels of Insurance for the Lexus GX

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Your state will probably require you to have liability insurance on any automobile, including a Lexus GX. Even if it’s not required, chances are that if you can afford to drive a Lexus, you have a lot of assets to protect.

Liability insurance will help you to protect those assets. According to the National Association of Insurance Commissioner’s Consumer’s Guide to Auto Insurance, liability insurance can even help to pay for your lawyer if you are sued in the event that you cause an accident.

Liability insurance may help to protect your assets, but it won’t help you get your own car fixed after an accident.

To pay for damages to your car after an accident, you will need collision coverage, and you’ll want to make sure that you have enough to cover the full cost of your Lexus GX.

For other types of damage like from weather, fire, vandalism or other non-collision events, comprehensive insurance will cover the costs.

Uninsured and underinsured motorist insurance can cover repair costs in the event that you are the victim of a hit and run driver or if you are hit by somebody who is not insured.

Since you’re driving a Lexus GX, there is a good chance that even a driver who is insured may not have enough insurance to cover the cost of replacing your car if it is totaled, so underinsured motorist coverage is especially important.

If you finance your Lexus GX, the lender will almost certainly require you to carry all of the types of insurance discussed so that their investment is protected.

Even if you are not required to take the extra insurance by the lender, though, the cost of replacement on this vehicle is high enough that it makes sense to carry a collection of coverage with enough insurance to cover damage no matter what happens to the vehicle.

Types of Lexus GX

According to the Lexus website, there are two models of Lexus GX, the GX 460 and the GX 460 Premium.

While both are premium automobiles, the GX 460 Premium carries as standard a few of the options of the regular model, such as three-zone automatic climate control and electrochromic power folding outside mirrors.

The GX 460 Premium also has an optional pre-collision system with driver attention monitor, which makes it even safer than the regular model.

The end result is that the GX 460 is more expensive by about $5,000, which means it will be a little more expensive to insure.

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Relative Auto Insurance Cost for SUV’s

As an SUV, the Lexus GX tends to cost more to insure than an average car. There are few reasons for this.

First, an SUV is a larger vehicle and it can create more force in an impact when it hits another vehicle or a stationary object. This means that an SUV like the GX is likely to cause more damage and injuries in a crash than a smaller vehicle that creates less force.

SUV’s in general are more expensive than cars, and the Lexus GX is certainly no exception.

This higher price tag means a higher cost of replacement if it is totaled, which often translates to a higher insurance cost. SUV’s also often have more expensive replacement parts, which can also lead to a higher insurance cost.

Safety Features for the Lexus GX

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According to Edmunds.com, the Lexus GX has a laundry list of advanced safety features.

It has everything you would expect a luxury SUV to have, such as ABS brakes, front and side curtain airbags, child seat anchors, daytime running lights, stability control, traction control, and driver and passenger head restraint whiplash protection system.

It also has a few unexpected bonus safety features, like emergency braking assist, turn signal mirrors, an anti-theft system, and an engine immobilizer.

These safety features combine to make the Lexus GX less likely to be in an accident and its passengers less likely to be seriously injured in an accident. The anti-theft features also make it less likely to be stolen.

The combination of all these factors results in less risk of an insurance claim, which means a lower car insurance premium for you.

The Cost of Luxury

The Lexus GX is definitely a luxury car, and as such, it carries all of the benefits and detriments that go with luxury cars.

The good news is that luxury cars are generally more attractive, prestigious and luxurious inside and out than other cars.

Cars like the GX often have the most advanced comfort and safety features and in general drive and handle better than their lesser counterparts handle. The bad news is that luxury has its price.

Luxury cars, particularly foreign luxury cars like a Lexus, tend to be very expensive to fix and maintain.

Parts are often more expensive on luxury cars than on other cars, and there are a limited numbers of mechanics trained to work on these cars, so they can charge more.

This results in a higher cost to restore a damaged vehicle to pre-accident performance, a cost that the auto insurance company will pass on to you in the form of higher insurance premiums.

According to Autos.com, luxury cars in general are just more expensive to insure, regardless of the reason.

The site even suggests that it may be impossible to insure some higher-end luxury cars, but the Lexus GX almost certainly doesn’t fit into that category.

Likelihood of Theft for a Lexus GX

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The Lexus GX has a below-average risk of theft for a number of reasons. According to Autos Craze-Auto Blog, the cars at the top of the stolen cars list are generally there because they are more popular.

While the Lexus GX is a popular car, its price tag makes it unlikely to ever be as common on the road as a Chevy, Toyota, or Honda.

When cars are stolen, they are often stolen for parts. People who drive a Lexus are not usually the type to be trolling disreputable garages looking for second-hand parts, so it doesn’t make much sense to steal one for that purpose.

Similarly, many luxury car buyers will only buy from the dealer, even when buying a used car, so even selling the stolen car outright is not an easy proposition.

There are also a few nice anti-theft features on the GX, such as a stolen vehicle tracking system, which make it a bit more challenging for a thief to take this vehicle.

In short, there is more reward for less risk if a thief goes after a different car instead of trying to take the Lexus GX.

The insurance company will recognize that and give a reduced premium for comprehensive insurance based on the reduced likelihood of theft.

Cost of Insurance for a Lexus GX

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The Lexus GX obviously has some factors that drive up its insurance cost and some that bring it down.

The end result is that the vehicle costs more to insure than most cars, but still less than many luxury cars. According to Yahoo Autos, insurance for the first year of owning this vehicle comes to an average of $2,140 per year.

Of course, other factors play heavily into final insurance cost. That $2,140 to insure your Lexus GX for a year could come down considerably if you qualify for a lot of discounts or if you raise your deductible.

Your insurance cost could also be a lot higher if you are in a high-risk age group or if you drive in a densely populated city or another area where the risk of accidents is higher.

Your driving record will also go a long way toward determining how much you will pay for car insurance, the better the record, the lower your premiums.

If you want a quote on car insurance that can help get your Lexus GX looking pristine and running perfectly after an accident, just type your ZIP code into the FREE quote tool today!

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