The preferred way to find cheaper prices for auto insurance rates is to compare prices at least once a year from companies in San Francisco. Prices can be compared by following these steps.
Step 1: Gain an understanding of how car insurance works and the things you can change to drop your rates. Many things that cause rate increases such as accidents, careless driving, and an unacceptable credit score can be improved by improving your driving habits or financial responsibility.
Step 2: Compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from one company like GEICO and State Farm, while independent agencies can quote rates from multiple insurance companies. Get quotes now
Step 3: Compare the quotes to the price on your current policy to see if switching to a new carrier will save money. If you can save money, ensure coverage does not lapse between policies.
Step 4: Notify your current company to cancel your current policy and submit payment along with a signed and completed policy application to your new company or agent. Once the application is submitted, keep the new certificate verifying proof of insurance in your glove compartment.
The key aspect of shopping around is to try to compare the same deductibles and limits on every quote request and to quote with as many companies as feasibly possible. Doing this helps ensure a fair price comparison and and a good selection of different prices.
It’s an obvious assumption that auto insurance companies don’t want policyholders to shop around. People who shop around once a year will probably buy a new policy because the odds are good of finding better rates. A recent study showed that drivers who did price comparisons regularly saved as much as $3,400 over four years compared to people who never shopped around for cheaper prices.
If finding the best price on Lexus LS 460 insurance in San Francisco is your ultimate target, then having some knowledge of how to find and compare coverage rates can save time and make the process easier.
All the larger auto insurance companies give coverage price quotes directly from their websites. Obtaining pricing for Lexus LS 460 insurance in San Francisco is fairly simple because you just enter your personal and coverage information into the form. After you complete the form, their system sends out for your credit score and driving record and generates pricing information. Using the web to get quotes for Lexus LS 460 insurance in San Francisco makes comparing rates easy, and it’s also necessary to do this in order to get lower-cost rates.
To quickly compare rates now, visit the companies below or click here to submit a quote request to multiple companies at once. If you have your current policy handy, we recommend you copy the limits and deductibles exactly as shown on your declarations page. This helps ensure you’re receiving rate comparison quotes for exact coverage.
The companies shown below offer free quotes in California. If several companies are displayed, we suggest you compare several of them to get the best price comparison.
Discounts for lower-cost car insurance rates
Companies that sell car insurance don’t always advertise the complete list of policy discounts very clearly, so the list below contains some of the more common and also the more inconspicuous discounts that you can inquire about if you buy San Francisco car insurance online.
- Passenger Safety Discount – Cars that have air bags and/or automatic seat belt systems may get savings of up to 25% or more.
- Senior Citizens – Drivers over the age of 55 are able to get a discount up to 10%.
- Club Memberships – Being in a qualifying organization is a simple method to lower premiums on car insurance.
- Life Insurance Discount – If the company offers life insurance, you could get better rates if you take out life insurance from them.
- Discount for Low Mileage – Low annual miles can qualify you for lower premium rates due to less chance of an accident.
- College Student – Any of your kids who are enrolled in higher education away from home and don’t have a car could qualify for this discount.
We need to note that most credits do not apply to the overall cost of the policy. A few only apply to individual premiums such as comprehensive or collision. So when it seems like all those discounts means the company will pay you, company stockholders wouldn’t be very happy. Any qualifying discounts will lower your policy cost.
The example below shows the comparison of Lexus LS 460 car insurance costs with and without some available policy discounts. The premiums are based on a female driver, no violations or claims, California state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-car, multi-policy, homeowner, and claim-free discounts applied.
Companies that may offer these discounts are:
Check with every insurance company how you can save money. Discounts might not be offered on policies in San Francisco. If you would like to choose from a list of providers with discount rates in San Francisco, click here.
Facts and figures for Lexus LS 460 insurance
The rate information displayed next covers estimates of insurance coverage prices for Lexus LS 460 models. Being more informed about how insurance quotes are formulated can help drivers make decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LS 460 4-Dr Sedan | $274 | $608 | $394 | $24 | $118 | $1,418 | $118 |
| LS 460 4-Dr Sedan | $274 | $608 | $394 | $24 | $118 | $1,418 | $118 |
| LS 460 AWD 4-Dr | $274 | $608 | $394 | $24 | $118 | $1,418 | $118 |
| LS 460 L 4-Dr Sedan | $274 | $608 | $394 | $24 | $118 | $1,418 | $118 |
| LS 460 L AWD 4-Dr | $274 | $608 | $394 | $24 | $118 | $1,418 | $118 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Estimates do not factor in your specific San Francisco location which can change rates noticeably.
Rate comparison for different deductibles
One common question asked by San Francisco drivers is how high should the physical damage deductibles be. The following tables can help show how much more rates are when you select higher and lower comp and collision deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LS 460 4-Dr Sedan | $518 | $986 | $376 | $22 | $112 | $2,039 | $170 |
| LS 460 4-Dr Sedan | $518 | $986 | $376 | $22 | $112 | $2,039 | $170 |
| LS 460 AWD 4-Dr | $518 | $986 | $376 | $22 | $112 | $2,039 | $170 |
| LS 460 L 4-Dr Sedan | $518 | $986 | $376 | $22 | $112 | $2,039 | $170 |
| LS 460 L AWD 4-Dr | $518 | $986 | $376 | $22 | $112 | $2,039 | $170 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| LS 460 4-Dr Sedan | $320 | $620 | $376 | $22 | $112 | $1,450 | $121 |
| LS 460 4-Dr Sedan | $320 | $620 | $376 | $22 | $112 | $1,450 | $121 |
| LS 460 AWD 4-Dr | $320 | $620 | $376 | $22 | $112 | $1,450 | $121 |
| LS 460 L 4-Dr Sedan | $320 | $620 | $376 | $22 | $112 | $1,450 | $121 |
| LS 460 L AWD 4-Dr | $320 | $620 | $376 | $22 | $112 | $1,450 | $121 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Rate quotes do not factor in specific garaging location which can revise rates considerably.
Using the premium rates above, we can conclude that using a $250 deductible will cost you about $49 more each month or $588 each year than opting for the higher $1,000 deductible. Because you would be required to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you have at least 15 months between claims, you would probably be better off if you decide on a higher deductible.
How to calculate when to raise deductibles
| Average monthly premium for $250 deductibles: | $170 |
| Average monthly premium for $1,000 deductibles (subtract): | – $121 |
| Monthly savings from raising deductible: | $49 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $49 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
An important thing to remember is that raising deductibles to get cheaper rates results in a higher out-of-pocket expense when you have a physical damage claim. You must have some savings in the event you need to pay the higher deductible.
The chart below illustrates how your choice of deductibles and can influence Lexus LS 460 insurance costs for different insured age categories. The data is based on a single male driver, comp and collision included, and no policy discounts are applied.
Does it make sense to buy full coverage?
The illustration below illustrates the difference between Lexus LS 460 insurance rates with full coverage compared to only the California minimum liability coverage. Data assumes a clean driving record, no claims, $1,000 deductibles, marital status is single, and no additional discounts are factored in.
When to switch to liability coverage only
There is no exact rule that is best for determining when to drop physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of having full coverage is about 10% or more of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.
For example, let’s say your Lexus LS 460 book value is $6,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $5,000 after paying your deductible. If it’s costing in excess of $500 a year for your policy with full coverage, then it’s probably a good time to buy liability coverage only.
There are some situations where dropping full coverage is not advised. If you still have a loan on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should keep full coverage.
How do Insurance Companies Determine Lexus LS 460 Insurance Costs?
Consumers need to have an understanding of the different types of things that help calculate your policy premiums. If you have some idea of what influences your rates, this allows you to make good choices that could result in lower rates. Many things are taken into consideration when you get a price on insurance. Most are fairly basic like an MVR report, but others are less obvious like your vehicle usage and annual miles driven.
The following are some of the most common factors companies use to determine your rates.
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Females tend to take less risk – Statistics demonstrate females are less aggressive when driving. However, don’t assume that women are BETTER drivers than men. Females and males tend to get into accidents at a similar rate, but the men have accidents that have higher claims. They also receive more major tickets such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers are the most expensive to insure so it costs more to insure them.
The example below visualizes the comparison of Lexus LS 460 annual premium costs for male and female drivers. The premium estimates are based on no claims or violations, comprehensive and collision coverage, $500 deductibles, marital status is single, and no discounts are applied to the premium.
- Employer impacts rates – Did you know your insurance rates can be affected by your occupation? Occupations such as doctors, airline pilots, and dentists have higher rates than the rest of us due to intense work-related stress and lots of time spent at work. Other professions such as actors, students and the unemployed generally pay rates lower than average.
- Never let your insurance expire – Driving any period of time without insurance is against the law and your next policy will cost more because you let your coverage have a gap. And not only will your rates increase, failure to provide proof of insurance may earn you fines and jail time. You may need to prove you have insurance by filing a SR-22 with the California department of motor vehicles.
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Expect high rates for teens – Older, more experienced drivers tend to be more responsible, cause fewer claims and accidents, and get fewer tickets. Beginning drivers have been known to be more careless in a vehicle therefore insurance rates are much higher.
The data below is based on a single driver, full coverage with $500 deductibles, and no discounts or violations.
- Lower rates with a multi-policy discount – Most insurance companies will give a discount to clients who have multiple policies with them, otherwise known as a multi-policy discount. The amount of the discounts can be as much as ten percent or more Even with this discount applied, consumers should still shop around to make sure you are getting the best deal. You may still be able to save even more than the discount by buying from different companies
- Credit score impact insurance premiums – A driver’s credit history factor in calculating your insurance rates. If your credit score is low, you could potentially save money when insuring your Lexus LS 460 by spending a little time repairing your credit. Consumers who have high credit ratings tend to be better drivers and file fewer claims than those with lower ratings.
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Tickets are costly – A bad driving record has a huge affect on how much you pay. Drivers with clean records get better prices as compared to those with violations. Even a single chargeable violation may cause rates to rise by as much as twenty percent. Drivers who have gotten severe violations like reckless driving or DUI may find they need to prove financial responsibility with their state DMV in order to prevent a license revocation.
The diagram below illustrates how speeding tickets and accidents can raise Lexus LS 460 insurance rates for each age group. The premiums are based on a single male driver, full coverage, $250 deductibles, and no discounts are factored in.
- File a claims and pay more – Car insurance companies in California generally give most affordable rates to people that do not abuse their auto insurance. If you tend to file frequent claims, you can definitely plan on either a policy non-renewal or much higher rates. Your car insurance is meant to be used in the event of claims that you cannot pay yourself.
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Insurance loss probability for a Lexus LS 460 – Companies include the past claim history for a vehicle as a way to help calculate a profitable premium rate. Models that the statistics show to have higher prevalence or dollar amount of losses will cost more for specific coverages.
The next table illustrates the loss history for Lexus LS 460 vehicles. For each policy coverage type, the claim amount for all vehicles, without regard to make or model, is equal to 100. Numbers under 100 indicate better than average losses, while values that are 100 or greater indicate more frequent claims or statistically larger losses.
Lexus LS 460 Insurance Claim Statistics Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Lexus LS 460 4dr 2WD 155 76 203 52 Lexus LS 460 4dr 4WD 207 102 239 62 Lexus LS 460 L 4dr 2WD 199 Lexus LS 460 L 4dr 4WD 251 324 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Insurance is available from agents near you
Many drivers would rather talk to an insurance agent and that is a personal choice. Professional agents can make sure you are properly covered and help submit paperwork. The biggest benefit of comparing insurance prices online is you can get cheap insurance quotes but still work with a licensed agent. And supporting neighborhood insurance agencies is important particularly in San Francisco.
To help locate an agent, after submitting this form (opens in new window), your information gets sent to companies in San Francisco who will return price quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to leave your house as quotes are delivered to you instantly. In the event you want to compare prices from one company in particular, you can always jump over to their website and complete a quote there.
If you are wanting to purchase insurance from a reliable agent, you should know the different agency structures and how they differ in how they quote coverages. Insurance agencies are considered either exclusive agents or independent agents. Both types of agents can sell affordable insurance policies, but it’s important to know how they differ because it can impact your agent selection.
Independent Insurance Agencies
Agents of this type are normally appointed by many insurers so as a result can place your coverage with lots of companies depending on which coverage is best. If premiums increase, an independent agent can move your coverage and the insured can keep the same agent.
When comparison shopping, we recommend you compare prices from at a minimum one independent agency in order to compare the most rates.
Listed below is a partial list of independent agencies in San Francisco who can help you get free price quotes.
Basic West Insurance Agency
1641 Taraval St – San Francisco, CA 94116 – (415) 665-7400 – View Map
Blum-Blackfield Insurance Agency
2 Twin Peaks Blvd – San Francisco, CA 94114 – (415) 665-1440 – View Map
Wang Insurance
2620 Judah St – San Francisco, CA 94122 – (415) 731-7062 – View Map
Exclusive Agents
These agents can only provide pricing for a single company and some examples include State Farm, Allstate, and Farm Bureau. These agents are unable to provide rate quotes from other companies so keep that in mind. Exclusive agencies are trained well on their company’s products which helps offset the inability to provide other markets.
Shown below are exclusive agents in San Francisco who can help you get rate quotes.
Linda Williams – State Farm Insurance Agent
1536 20th St – San Francisco, CA 94107 – (415) 648-1155 – View Map
Toan Tieu – State Farm Insurance Agent
690 Monterey Blvd – San Francisco, CA 94127 – (415) 610-8000 – View Map
Allstate Insurance: Dawn Prince
655 14th St – San Francisco, CA 94114 – (415) 552-6200 – View Map
Finding the right insurance agency should depend on more than just a cheap price. Here are some questions you might want to ask.
- How many years have they been established?
- What insurance companies do they recommend if they are an independent agent?
- Which insurance company do they prefer to write with?
- Do the coverages you’re quoting properly cover your vehicle?
- Do they prorate repair cost based on vehicle mileage?
- Are they able to influence company decisions when a claim is filed?
- Are they able to provide referrals?
Auto insurance can be complex
Always remember that when buying coverage, there really is not a “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that.
For example, these questions may help highlight whether your personal situation may require specific advice.
- What is glass protection for?
- Where can I get insurance after a DUI in California?
- Do I have any recourse if my insurance company denies a claim?
- What is PIP insurance?
- Am I covered when driving someone else’s vehicle?
- Can my teen drive my company car?
- How much liability coverage do I need in California?
- Does coverage extend to Mexico or Canada?
- When should I not buy collision coverage?
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.
Get the best coverage at the best price
As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. There are too many instances where an accident victim reduced uninsured motorist or liability limits only to find out that the savings was not a smart move. Your strategy should be to purchase a proper amount of coverage for the lowest cost, but do not skimp to save money.
You just read quite a bit of information on how to shop for Lexus LS 460 insurance online. The most important thing to understand is the more price quotes you have, the higher your chance of finding affordable San Francisco car insurance quotes. Drivers may even discover the lowest auto insurance rates come from some of the lesser-known companies. Regional companies may often insure only within specific states and give better rates than their larger competitors like Allstate and Progressive.
To read more, link through to the articles below:
- Credit and Insurance Scores (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for a GMC Acadia in San Francisco? (FAQ)
- What Car Insurance is Cheapest for Drivers with a Bad Driving Record in San Francisco? (FAQ)
- What Insurance is Cheapest for Drivers Requiring a SR22 in San Francisco? (FAQ)
- Who Has Cheap San Francisco Auto Insurance Quotes for a School Permit? (FAQ)
- Who Has Affordable San Francisco Auto Insurance for Real Estate Agents? (FAQ)
- How Much is San Francisco Car Insurance for Drivers Under 21? (FAQ)
- Distracted Driving Extends Beyond Texting (State Farm)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Side Impact Crash Tests (iihs.org)
- Understanding Rental Car Insurance (Insurance Information Institute)