If you want to find the absolute lowest rates, then the best way to find the cheapest price for Lexus LS 460 insurance in Baltimore is to begin comparing prices regularly from different companies in Maryland.
- Step 1: Get a basic knowledge of how insurance companies determine prices and the changes you can make to prevent expensive coverage. Many risk factors that cause high rates such as traffic citations and an imperfect credit rating can be amended by making lifestyle changes or driving safer. Later in this article we will cover more details to help prevent high rates and get bigger discounts that may have been overlooked.
- Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from a single company like Progressive or State Farm, while independent agents can quote rates from multiple sources.
- Step 3: Compare the new rate quotes to your existing rates to see if cheaper LS 460 coverage is available in Baltimore. If you can save money, make sure there is no coverage gap between policies.
- Step 4: Notify your current company of your decision to cancel your current car insurance policy and submit a down payment along with a signed application for the new policy. As soon as you receive it, place your new proof of insurance paperwork in an easily accessible location.
A good piece of advice is that you use the same liability limits and deductibles on every price quote and and to get price estimates from as many companies as feasibly possible. This provides an accurate price comparison and plenty of rates choose from.
Anyone knows that auto insurance companies don’t want you shop around. People who shop around for cheaper rates will probably buy a new policy because there is a great chance of finding a cheaper policy. A recent auto insurance study revealed that drivers who compared rates regularly saved approximately $72 a month compared to people who never compared other company’s rates.
If saving the most money on Lexus LS 460 insurance in Baltimore is your ultimate goal, learning how to choose a company and compare insurance coverage can save money and time.
If you are already insured or need a new policy, use these money-saving tips to buy cheaper insurance and still get good coverage. The purpose of this post is to instruct you on the most effective way to quote insurance and some tricks to saving. Drivers just need to use the most effective way to compare different rates on the web.
The best way we recommend to compare policy rates for Lexus LS 460 insurance in Baltimore is to understand car insurance companies actually pay money for the chance to compare their rates. All you need to do is provide information such as if it has an alarm system, if you’re married, whether you drive to work or school, and if you lease or own. The data is submitted instantly to many of the top insurers and they provide comparison quotes immediately.
To check Lexus LS 460 insurance prices now, click here and complete the quick form.
The companies in the list below have been selected to offer price quotes in Baltimore, MD. If you want the best cheap car insurance in MD, it’s a good idea that you visit as many as you can to get the cheapest price.
Lexus LS 460 detailed coverage information
The rate table shown below covers detailed analysis of prices for Lexus LS 460 models. Having a better idea how rates are determined is important for drivers to make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LS 460 4-Dr Sedan | $408 | $932 | $390 | $24 | $116 | $1,870 | $156 |
| LS 460 4-Dr Sedan | $408 | $932 | $390 | $24 | $116 | $1,870 | $156 |
| LS 460 AWD 4-Dr | $408 | $932 | $390 | $24 | $116 | $1,870 | $156 |
| LS 460 L 4-Dr Sedan | $408 | $932 | $390 | $24 | $116 | $1,870 | $156 |
| LS 460 L AWD 4-Dr | $408 | $932 | $390 | $24 | $116 | $1,870 | $156 |
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Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Maryland minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Rates do not factor in specific location which can alter prices noticeably.
Comparison of policy deductibles
One frequently asked question is which deductible level should you buy. The tables below may help to conceptualize the price difference when you choose different deductibles. The first set of prices uses a $100 deductible for comp and collision and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LS 460 4-Dr Sedan | $530 | $1082 | $346 | $20 | $104 | $2,107 | $176 |
| LS 460 4-Dr Sedan | $530 | $1082 | $346 | $20 | $104 | $2,107 | $176 |
| LS 460 AWD 4-Dr | $530 | $1082 | $346 | $20 | $104 | $2,107 | $176 |
| LS 460 L 4-Dr Sedan | $530 | $1082 | $346 | $20 | $104 | $2,107 | $176 |
| LS 460 L AWD 4-Dr | $530 | $1082 | $346 | $20 | $104 | $2,107 | $176 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LS 460 4-Dr Sedan | $294 | $570 | $346 | $20 | $104 | $1,334 | $111 |
| LS 460 4-Dr Sedan | $294 | $570 | $346 | $20 | $104 | $1,334 | $111 |
| LS 460 AWD 4-Dr | $294 | $570 | $346 | $20 | $104 | $1,334 | $111 |
| LS 460 L 4-Dr Sedan | $294 | $570 | $346 | $20 | $104 | $1,334 | $111 |
| LS 460 L AWD 4-Dr | $294 | $570 | $346 | $20 | $104 | $1,334 | $111 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can alter auto insurance rates noticeably.
Using the data above, we can ascertain that using a $100 deductible will cost you about $65 more each month or $780 a year averaged for all LS 460 models than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 14 months between claims, you would save more money if you decide on a higher deductible.
Car insurance premiums by gender
The example below shows the difference between Lexus LS 460 premium costs for male and female drivers. The data is based on a clean driving record, no claims, full coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.
Full coverage rates compared to liability-only
The information below shows the comparison of Lexus LS 460 car insurance costs with full coverage compared to only the Maryland minimum liability coverage. The information is based on no claims, a clean driving record, $100 deductibles, marital status is single, and no policy discounts are applied.
When to stop buying full coverage
There isn’t a written rule to stop paying for physical damage insurance, but there is a general guideline. If the annual cost of comprehensive and collision coverage is 10% or more of the settlement you would receive from your company, then you might consider buying liability only.
For example, let’s say your Lexus LS 460 settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $4,000 after paying your policy deductible. If premiums are more than $400 a year for your policy with full coverage, then you might want to consider buying only liability coverage.
There are some conditions where only buying liability is not recommended. If you haven’t paid off your loan, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.
Getting quotes from local Baltimore auto insurance agents
Many drivers prefer to have an agent’s advice and that is OK! Licensed agents can help you choose the best coverages and will help you if you have claims. An additional benefit of getting free rate quotes online is you may find cheap car insurance quotes and still have an agent to talk to.
After filling out this form (opens in new window), the quote information is transmitted to agents in your area that provide free Baltimore auto insurance quotes to get your business. There is no need to do any legwork as quotes are delivered to you instantly. If you want to get a comparison quote for a specific company, you would need to find their quoting web page and fill out their quote form.
Finding the right insurer should include more criteria than just a cheap price quote. Agents should be asked these questions:
- What are the financial ratings for the companies they represent?
- Do they feel the quoted coverages are adequate?
- Is the agency involved in supporting local community causes?
- How are they compensated?
- How many companies do they write for?
When searching for a reliable insurance agency, there are a couple of different types of agencies that you can select. Insurance agencies in Baltimore can be classified as either independent or exclusive depending on the company they work for. Either can sell affordable car insurance policies, but it is a good idea to know the difference between them because it can factor into your selection of an agent.
Exclusive Agencies
Exclusive agencies can only place business with one company such as American Family, State Farm, and Allstate. These agents are not able to provide prices from multiple companies so always compare other rates. These agents receive extensive training in insurance sales and that can be a competitive advantage. Consumers frequently use the same agent mainly due to the brand legacy and solid financial strength.
Shown below are Baltimore exclusive agents who may provide you with price quote information.
- Nathan Scholze – State Farm Insurance Agent
101 St Helena Ave – Baltimore, MD 21222 – (410) 288-4120 – View Map - Allstate Insurance: John Fisher
7839 Eastpoint Mall Ste 4 – Baltimore, MD 21224 – (410) 285-8200 – View Map - Allstate Insurance: Donald White
733 W 40th St #311 – Baltimore, MD 21211 – (410) 467-9600 – View Map
Independent Insurance Agents
Agents that elect to be independent are appointed with more than one company so as a result can place your coverage with a variety of different insurance companies and find you the best rates. If prices rise, the agent simply finds a different carrier which makes it simple for you.
If you need lower rates, you need to include a couple of independent agencies to ensure the widest selection of prices. Most can insure with companies you’ve never heard of which can be an advantage.
Below is a short list of independent agencies in Baltimore willing to provide price quotes.
- Upper Chesapeake Insurance Agency Inc
900 S Charles St – Baltimore, MD 21230 – (410) 385-0455 – View Map - Concrete Insurance
6405 Belair Rd – Baltimore, MD 21206 – (410) 433-0313 – View Map - Ugele Insurance
408 E 25th St – Baltimore, MD 21218 – (410) 366-6566 – View Map
Baltimore car insurance company ratings
Buying coverage from the highest-rated auto insurance company can be challenging considering how many companies there are in Maryland. The company information below can help you decide which companies to look at buying from.
Top 10 Baltimore Car Insurance Companies Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General