2007 Lexus GX 470 Insurance Quotes – 8 Tricks for Best Rates

Trying to find the cheapest auto insurance rates for your Lexus GX 470? Are you drained from robbing Peter to pay Paul to pay auto insurance each month? You are no different than many other drivers. Due to the fact that there are so many options, it’s nearly impossible to pick a more affordable insurer.

It’s a good idea to quote other rates before your policy renews because insurance prices tend to go up over time. Just because you found the best rates for GX 470 coverage last year there is a good chance you can find better rate quotes now. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to one of the easiest ways to find great coverage at a great price.

Cheapest insurance rate quotes

There are a variety of methods to compare insurance quotes, but there is one way that is easier and takes less work. You could spend the better part of a day talking to insurance companies in your area, or you can utilize online quotes to get rate comparisons in just a few minutes.

Most major companies are enrolled in a marketplace that enables customers to only type in their quote data once, and at least one company can provide price quotes. This eliminates the need for quotation requests to every company.

To submit your quote information now, click here to open in new window.

The one disadvantage to using this type of system is you don’t know exactly which providers to get pricing from. If you would rather choose specific providers to compare, we put together a list of insurance companies in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just ensure you’re using nearly identical coverages on every quote you get. If you have different values for each quote you will not be able to make a fair rate comparison.

Get cheaper insurance with discounts

Not too many consumers would say insurance is affordable, but you might find some hidden discounts that could drop your premiums quite a bit. Many of these discounts will be applied automatically at the time of quoting, but some must be inquired about in order for you to get them.

  • Telematics Data Discounts – Insureds who allow driving data collection to track their driving habits by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot could see a rate decrease if they exhibit good driving behavior.
  • Theft Deterent System – Cars and trucks equipped with tracking devices and advanced anti-theft systems help deter theft and can earn a small discount on your policy.
  • Safety Course Discount – Passing a course teaching driver safety skills can save you 5% or more depending on where you live.
  • Policy Bundle Discount – If you can combine your homeowners and auto policy and insure them both with the same insurance company they may give you a discount of over 10 percent off each policy depending on the company.
  • Pay Upfront and Save – If you can afford to pay the entire bill instead of paying each month you may reduce your total bill.
  • ABS Braking Discount – Cars with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Student Discounts – This discount can get you a discount of up to 25%. The good student discount can last up to age 25.
  • Senior Citizens – Drivers over the age of 55 can get reduced rates for GX 470 coverage.

Please keep in mind that many deductions do not apply to your bottom line cost. Some only reduce the price of certain insurance coverages like comp or med pay. So even though they make it sound like all those discounts means the company will pay you, it doesn’t quite work that way. But any discount will help lower your overall bill.

A few popular companies and a partial list of their discounts are detailed below.

  • Progressive offers discounts including online signing, online quote discount, multi-policy, good student, and continuous coverage.
  • AAA discounts include AAA membership discount, multi-car, pay-in-full, good student, multi-policy, and education and occupation.
  • Farmers Insurance may offer discounts for electronic funds transfer, distant student, switch companies, bundle discounts, mature driver, and youthful driver.
  • Geico policyholders can earn discounts including membership and employees, five-year accident-free, anti-lock brakes, military active duty, anti-theft, emergency military deployment, and good student.
  • Esurance may have discounts that include safety device, online quote, paid-in-full, renters, Pac-12 alumni, and anti-lock brakes.
  • SAFECO includes discounts for teen safe driver, safe driver, anti-lock brakes, homeowner, teen safety rewards, drive less, and multi-car.
  • State Farm has discounts for accident-free, Drive Safe & Save, driver’s education, safe vehicle, defensive driving training, and good student.

It’s a good idea to ask each insurance company the best way to save money. Some discounts listed above may not be offered in your state.

Tailor your auto insurance coverage to you

When it comes to buying adequate coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

  • When can my company non-renew my policy?
  • Will my insurance pay for OEM parts?
  • Do I have coverage for damage caused while driving under the influence?
  • What is the rate difference between pleasure use and commuting?
  • What is an SR-22 filing?
  • What is roadside assistance coverage?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It only takes a few minutes and can provide invaluable advice.

Learn about insurance coverages for a Lexus GX 470

Knowing the specifics of a insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types found on most insurance policies.

Auto liability

Liability insurance will cover injuries or damage you cause to people or other property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as bail bonds, medical services and loss of income. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as damage from flooding, hitting a deer, theft, a tree branch falling on your vehicle and fire damage. The most your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical expense insurance

Med pay and PIP coverage reimburse you for bills for things like ambulance fees, X-ray expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Auto collision coverage

This coverage pays for damage to your GX 470 from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like hitting a mailbox, colliding with a tree, backing into a parked car, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Online plus local equals savings

Lower-priced car insurance is attainable from both online companies and from local insurance agents, and you should compare rates from both to have the best rate selection. A few companies don’t offer price quotes online and these regional insurance providers only sell through independent agents.

We’ve covered a lot of tips how to lower your 2007 Lexus GX 470 insurance prices. The most important thing to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with a small local company. These companies may often insure only within specific states and give getter rates compared to the large companies like State Farm and Allstate.

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Comments About 2007 Lexus GX 470 Insurance

  1. Lizeth Sherman

    Lots of useful info here. I live on the west side of Grand Rapids, MI. Quoted prices from Progressive, American Family, and some I forget for my GX 470 and saved $186 a year. I get multi-vehicle and multi-policy discounts. Get lots of quotes to find the best rate.

  2. Renda Harper

    Is Allstate cheaper than GEICO in Parkersburg, WV?

  3. Thomas Burgess

    Thanks for putting this site together. I’m just east of Colorado Springs, Colorado. I quoted with Auto-Owners, Sentry, and Travelers for my GX 470 and cut my rates about $510 a year. Even increased my liability limits.

  4. Sebastian Zamora

    I can’t pay high rates. Proud to be from Los Angeles, CA. Received quotes with Allstate, AAA, and some I forget for my GX 470 and saved $528 a year. I increased coverages a little too.

  5. Nakisha Workman

    From a town just southwest of Baton Rouge, LA. Quoted prices online for a 2007 Lexus GX 470. Ended up at about $130 savings annually. Went with 21st Century.

  6. Vivan Osborne

    I got quite a few price quotes for a 2007 Lexus GX 470 in Cranston, RI. Ended up at roughly $550 every six months with AIG Insurance. Was with Mercury. Even increased coverage a bit.

  7. Kellye Kinney

    Good detail in your article. Went with Auto-Owners for my Lexus and am saving around $390 a year. They have a lot of discounts available. Just go online and compare their rates.

  8. Belle West

    Great info, thanks for posting. From east side of Bismarck, North Dakota. Not sure of all the companies but I ended up saving about $60 each month. I have kids on my policy, too. They offer free online rate quotes.

  9. Sammie Blackburn

    Is a custom audio system covered by insurance?

  10. Dusty Puckett

    Cheap car insurance? What’s that? From a town just southwest of Denver, CO. I compared lots of rates. Saved right around $50 a month. Allstate was the best choice for me. :)

  11. Janiece Walls

    I found pretty cheap rate quotes for a 2007 Lexus GX 470 in Albuquerque, New Mexico. Ended up at about $250 every six months with Auto-Owners. Was with Safeco.

  12. Donnette Coffey

    Great info, thanks for posting. From a town just southwest of Springfield, MA. I compared lots of rates. Saved darn near $40 a month. State Farm was the cheapest option for me. Left MetLife to switch. Just waiting to see how claims go.

  13. Bryce Rojas

    I live in Madison, WI. Got car insurance rates from American Family, Sentry, and Western Auto Insurance for my Lexus and I think I saved around $40 each month. Insured with Encompass before. Bought it from an online quote.

  14. Chantelle Petty

    I think I’m paying too much. From northwest of New Orleans, LA. I got free prices from Auto-Owners, Nationwide, and some smaller one I can’t remember the name of for my Lexus and am saving around $320 a year.

  15. Tod Myers

    I think GEICO has low rates in Washington. For me anyway.