The Best Auto Insurance for Lexus

State Farm has been providing coverage to drivers for more than a century. It’s no surprise that State Farm is our top choice for Lexus drivers.

The company is the top auto insurer in the country based on market share. It writes roughly 16 percent of annual premiums.² It offers excellent coverage, top-notch customer service, and plenty of discounts.

Many Ways to Save on Lexus Insurance Costs

State Farm is well-known for having some of the best insurance rates in the industry. The company boasts low average premiums nationwide. In fact, besides USAA, which is only available to military members and their families, State Farm offers the cheapest insurance on our list by hundreds of dollars. When you have a car like a Lexus that may be more expensive to insure, a company with low premiums is likely top of mind.

State Farm’s low premiums aren’t the only way you can save money. The company offers plenty of discounts to help you save even more. Two popular ways to save are State Farm’s signature programs, Drive Safe & Save and Steer Clear.

• Drive Safe & Save: This signature program from State Farm allows you to save money based on your driving. To enroll, all you need to do is put a small Bluetooth device in your vehicle. You’ll get an initial discount when you sign up and could save up to 30 percent on your premiums by driving safely.
• Steer Clear: State Farm’s Steer Clear program allows you to improve your driving skills while saving money. If you’re under 25 years of age and have had no accidents or at-fault moving violations in the past three years, you can sign up and start completing the program requirements. You’ll go through driving-focused training to help you become a safer driver.

In addition to the two programs listed above, State Farm offers discounts on car insurance costs for being accident-free, taking a defensive driving course, having certain vehicle safety and anti-theft features, having multiple cars on your policy (Lexus vehicles or otherwise), and bundling your home and auto insurance.

Highly Rated Customer Service

State Farm has a reputation for excellent customer satisfaction in the insurance industry. In the J.D. Power 2022 U.S. Auto Claims Satisfaction Study, it earned a rating of 882 out of 1,000 for customer satisfaction. That score landed the company a ranking of 6th in the industry, sitting well above the industry average.

Additionally, State Farm ranks well when it comes to customer complaints. The National Association of Insurance Commissioners (NAIC) maintains a complaint index report of all companies in the insurance industry.³ When it comes to auto insurance complaints, State Farm has fewer complaints than expected in the market.

The complaint index score is determined by dividing the company’s share of complaints by its share of the market. State Farm has a complaint index of 0.95, compared to the industry target of 1.0, meaning it has fewer complaints than expected for a company of its size.

Excellent Coverage Options

You won’t have a problem finding the coverage you need with State Farm. The company has many options to choose from, including standard coverages and a few extras.

First, State Farm offers all of the full coverage options you’d expect for a Lexus, including liability, comprehensive, collision, uninsured motorist, and medical payments coverage. Other coverage options include rental and travel expense coverage, emergency road service, and rideshare driver coverage.

The complaint index score is determined by dividing the company’s share of complaints by its share of the market. State Farm has a complaint index of 0.95, compared to the industry target of 1.0, meaning it has fewer complaints than expected for a company of its size.

Excellent Coverage Options

You won’t have a problem finding the coverage you need with State Farm. The company has many options to choose from, including standard coverages and a few extras.

First, State Farm offers all of the full coverage options you’d expect for a Lexus, including liability, comprehensive, collision, uninsured motorist, and medical payments coverage. Other coverage options include rental and travel expense coverage, emergency road service, and rideshare driver coverage.

Allstate has offered auto insurance for more than 90 years. It’s one of the largest insurance companies nationwide and the fourth-largest auto insurance provider in the U.S. in terms of premiums written. Allstate has a reputation for excellent auto insurance coverage for Lexus cars and all others, thanks to its great discounts, robust service offerings, and more.

Many Discounts Available

Allstate stands out as having one of the best lineups of discounts on the market. Some of the discounts that help the company to stand out are those designed for teens and students. Your family may qualify for one of these discounts if you have a young driver on your policy under the age of 25 who meets one of the following requirements:

• Grade point average above B- or 2.7
• Successful completion of the teenSMART driver education program
• Attendance at a school at least 100 miles from where the insured car is garaged

Additionally, Allstate has several billing and payment option discounts, allowing you to save when you set up automatic payments, get your bill paperless, pay in full, pay your bill on time, or sign your policy at least one week before it becomes effective.

Other discounts Allstate offers include the following:

• Anti-lock brake and anti-theft device discounts, both of which are standard features in Lexus cars
• New car discount
• Multiple policies discount
• Safe driver discount for those with clean driving records

Unique Coverage Options

Allstate has all of the coverage options you would expect of a top auto insurance company, including liability, collision and comprehensive, uninsured motorist, medical payments, and personal injury protection. But the company goes above and beyond by offering other coverages you won’t find just anywhere. Some of those coverages include roadside assistance, rental reimbursement coverage, and personal umbrella insurance.

Additionally, Allstate offers classic car insurance, which protects classic cars that are more than 25 to 30 years old. While it will be at the insurance company’s discretion whether your Lexus will be considered a classic car, some that may fit the bill include older models of the Lexus SC400, LS400, and more.

Finally, Allstate offers car insurance for travel to Mexico, so you’ll have protection on your next road trip south.

Excellent Customer Satisfaction

If you’re looking for excellent customer service, you can expect to find it with Allstate. In the J.D. Power 2022 U.S. Auto Claims Satisfaction Study, the company ranked fifth of all auto insurance companies, earning a rating of 889 out of 1,000.

Additionally, Allstate beats out many of its competitors when it comes to customer complaints, according to data from the NAIC. The company had fewer complaints than the industry overall, with an index of 0.74 for its auto insurance policies.

USAA is a full-service financial company designed to serve military families. The company has one of the highest-rated auto insurance options on the market thanks to its low average annual insurance price, customer service, and more.

However, not just anyone can join USAA. Enrollment is limited to current military members, veterans, and their families. And to get insurance from this provider, you’ll need to be a USAA member.

Low Annual Premiums

USAA members have access to plenty of perks that not just anyone can get, including low premiums. Our data shows the company’s annual premiums are well below the overall industry average. USAA has an average annual cost of $1,151, while our data has an overall average of $2,071. And if you have a clean driving record and other qualities that make you a low-risk driver, you’re likely to save even more.

On top of USAA’s low annual premiums, you can save on your Lexus coverage with its many discounts. USAA offers a discount for having a student driver with good grades, meaning the student ranks in the upper 20 percent of their class, has a B average or higher, has a 3.0 or better GPA, or is on the honor roll or Dean’s list.

You’ll also get discounts for bundling your policies, having a new vehicle, owning a vehicle equipped with anti-theft devices (which all Lexuses are), and being a loyal member.

Another unique discount USAA offers is for garaging your car on a military installation. In other words, you won’t pay full price for your car insurance when you’re on deployment or otherwise storing your vehicle.

Top-Notch Customer Service

USAA consistently lands a top rating for customer satisfaction from J.D. Power. The company earned a rating of 890, putting it below only Amica Mutual, NIM Insurance Co., and Erie Insurance. USAA also ranked high in J.D. Power’s overall customer satisfaction study, taking first place in 10 out of 11 regions. And in California, where USAA didn’t take first place, it came in a close second.

Drive Safely and Save

USAA offers a SafePilot app that allows you to save money on your car insurance. To enroll, you’ll sign up through the company’s website at usaa.com/insurance/safedriving for existing customers, or by getting a quote for new customers.

You’ll immediately get a 10 percent discount on your insurance for enrolling. The app will then track your driving and report your driving behaviors back to USAA. If your driving score is good, you can save up to 30 percent on your next bill.

An added bonus of the SafePilot app is you can see exactly how you can improve your driving. The app shows you your score for different categories, including phone use while driving and braking. You’ll see what you need to work on to get a better discount.

While Liberty Mutual started as a workers’ compensation company, it is now one of the top auto insurance companies in the country, ranking sixth for the number of premiums written. This company shines, in part, due to its excellent coverage options and many discounts.

Many Coverage Options

One of the areas where Liberty Mutual shines the most is in its coverage options for Lexus drivers. Liberty Mutual offers many unique coverages:

• Disappearing deductible, where you pay an extra premium to reduce your deductible by $100 per year
• Lifetime repair guarantee, which means Liberty Mutual makes the arrangements for your car to be repaired and guarantees the repairs
• New car replacement, which means a car less than one year old will be replaced with a brand new car
• Better car replacement, which means if your car is totaled, you’ll get the money to buy a model that’s one year newer
• Original parts replacement
• Teachers’ auto insurance, which waives your deductible for vandalism or collisions on school grounds and provides additional coverage for teaching materials and school-owned property
• Travel to Mexico auto insurance

Excellent Discounts

Liberty Mutual may not have the lowest premiums of any company on our list, but it offers many discounts to help you lower your rates. Here are some ways you can save:

• Owning your home
• Being an active, retired, or reserved military member
• Getting a quote from Liberty Mutual before your current policy expires
• Being a student with a GPA of B or higher
• Having an insured driver away at school
• Having a claims-free history
• Having a violation-free history
• Bundling multiple policies or multiple cars on your policy
• Setting up automatic payments
• Completing your enrollment online
• Signing up for paperless billing

Technology to Help You Save

One of Liberty Mutual’s claims to fame is its RightTrack program, which allows you to save up to 30 percent on your auto policy for the lifetime of your policy. After you download a mobile app, the company observes some of your driving behaviors such as braking, acceleration, nighttime driving, and mileage. Based on this information, Liberty Mutual will reward you with a discount on your policy. Liberty Mutual guarantees a discount just for signing up for the program, regardless of your results.

The best insurance premiums, and even some providers altogether, are only available to drivers with decent driving histories. Once you have too many claims or violations on your record, your premiums will rise, and you may not even qualify for some policies.

That’s where Acceptance comes in. The company got its start because the founder believed all drivers should have access to car insurance. The company operates in 15 states and works to provide insurance to those who may not qualify elsewhere.

Coverage For High-Risk Drivers

Acceptance prides itself on offering insurance coverage to high-risk drivers. These drivers may include those with at-fault accidents in their histories, those with violations on their records, those with claims in the past, or those with poor credit.

SR-22 Certificates Available

An SR-22 certificate is proof of financial responsibility that some states require. You may need an SR-22 if you’re guilty of certain driving offenses such as driving under the influence, reckless driving, or driving without insurance. This certificate provides proof to your state that you have the minimum required insurance to protect yourself and other drivers in the event of an accident.

Acceptance is willing to work with drivers who need this type of certificate. It will provide the certificate, which you’ll then file with your state government.

TicketProof Program

Getting a speeding ticket can throw a wrench in your finances. Acceptance gives its customers a reprieve from the financial burden of speeding tickets with its TicketProof program. When you sign up for TicketProof, you’ll get reimbursement for the following:

• Up to $100 for tickets twice per year
• $200 in legal fees if you go to court
• $250 if you have to go to traffic school

Be aware that TicketProof doesn’t come standard with your insurance policy. It’s available as an add-on for an extra cost. But for drivers who struggle with getting tickets, it may be worth the extra protection.