Lexus Car Insurance Price List In India 2024

Lexus is one of the most luxurious segments of Toyota which is a Japanese automaker. This is a luxury group of cars and has captured more than 70 countries. Lexus was established in the year 1989. Lexus cars are well known for their unique designs, class performance, and imaginative technologies. The cost of Lexus car insurance varies depending on the type of policy that you choose to buy.

Lexus is the largest-selling premium car in Japan. Lexus has managed to be ranked among the 10 largest Japanese global brands in terms of market value. The headquarters of Lexus is situated in Nagoya, Japan, and its operational units are located in countries like the United States, Brussels, Plano, Belgium, and so on. There are a total of 6 Lexus models currently on sale in India LX 450d, LS 600 HL, ES 300h, RX 450h Luxury, NX 300h, Ls 460 Sedan.

Every car owner should opt for a car insurance plan while purchasing a Lexus car. The insurance policy will protect the car by providing financial coverage in situations like a road accident, theft, or a mishap for loss or damage sustained by the car. The compensation against the damages or losses in an event of a collision or a mishap provides a huge sense of relief to policyholders.

Everyone cannot afford a car; hence, purchasing it is not that common in society. This increases the significance of car insurance as it can be difficult for many car owners to get their cars repaired after fire, accident, vandalism, and so on. Therefore, you should pick a standalone own damage or a comprehensive car insurance plan to cope with such situations.

Lexus Car Insurance Price in India

PolicyBachat offers a Comprehensive Insurance policy that covers loss and damage to your Lexus along with liability to third parties. It also provides personal accident cover to the insured. To know the estimated Lexus car insurance cost of your brand new Lexus car, all you have to do is fill in your car's Manufacturing year, and Mobile number to purchase it easily.

Reasons to Buy Lexus Car Insurance Policy:

Some of the reasons why buying Lexus insurance for your car is a smart decision:

• It provides its damage cover to safeguard your Lexus car against damages or losses due to theft, natural calamities, accidents, fire, manmade hazards, etc.
• The owner-driver of the Lexus car is provided with a personal accident cover
• It takes care of the high cost of repairing your Lexus car.
• Option to choose comprehensive or third party liability insurance for your Lexus car.
• It comes with a large network of garages where hassle-free cashless repairs are done.
• It offers a wide range of add-on covers, such as return to invoice, NCB protection, zero depreciation cover, etc.
• You can reach out to customer support services in case of any query or claim intimation.
• It provides a No Claim Bonus (NCB) reward if you drive your Lexus car responsibly and do not file any claims.

How to Renew Lexus Car Insurance?

You must renew your car insurance policy before its expiry. You can easily do that by following the Lexus insurance renewal process. Here are the steps involved in the Lexus insurance renewal process.

The car insurance renewal process has been made simple with PolicyBachat online portal car Insurance where the process is quite simple. Below is the process to renew your car insurance online.

• Enter the required details like Make and Model of Car,
• Enter RTO & Registration date,
• The premium from different insurance companies is displayed.

Select the best insurance company as per your requirements and proceed to the payment page. The instant policy would be available after the payment is completed.

Documents Required for Lexus Car Insurance Claim

Following are the documents you will require for filing a claim for your Lexus Car:

• Claim Form
• Copy of Registration Certificate
• Copy of Driver’s Licence
• Copy of Pollution Under Control Certificate (PUC)
• Copy of FIR
• Copy of PAN Card ( For claims higher than Rs. 1 lakh)
• Satisfaction Voucher
• Car Insurance Policy Document

Approach to get Perfect Insurance for your Lexus Car:

Since all Lexus car series belong to the luxury class, taking full coverage is of utmost importance. Lexus cars are packed with sophisticated gadgets and electronics as well as a fine quality exterior. Therefore, any small dents or gadget failures may prove to be heavy on your pocket. You should select the coverage in such a way that it covers all kinds of accidental cases and other issues. Since coverage is maximum, premiums and deductibles will also be very high. Hence any percentage of discounts on the premium will be a good relief.

Be judicious before buying insurance for your Lexus car. Certain things that you can keep in mind before taking the policy are:

• Since the car is a luxury one, Bumper-to-Bumper coverage is a must.
• Explore the different coverage available and find out the one that is right for your car.
• Compare the risks covered and the premiums being offered by different carriers through a Lexus car insurance online insurance aggregator so that you can put your hand on the best deal, i.e., maximum coverage at a lesser premium.
• Look for discounts being offered by different insurers and find out if you are eligible for any.

Lexus Car Insurance FAQs:

What is Lexus Car Price in India?

Lexus car price starts at Rs 67.92 Lakh for the cheapest model which is ES and the price of the most expensive model, which is LX starts at Rs 2.78 Crore. Lexus offers 6 car models in India, including 3 cars in the SUV category, 2 cars in the Sedan category, 1 car in the Coupe category.

How to Buy Lexus Car Insurance Online?

It will take less than 5 minutes to buy a LEXUS car Insurance policy. You can buy a car insurance policy online by visiting our website. We provide several car insurance policy premium quotes offered by different insurers from which you can choose one that suits your needs and budget.

As a car owner, you can easily buy LEXUS insurance online:-

• Go to the form on the top of the page
• Fill up the details of your LEXUS car such as RTO, model, engine capacity, fuel type, etc.
• Provide your contact details including your name, email id, etc.
• Choose the best insurance for a LEXUS car as per your requirements
• Pay the LEXUS insurance price online via net banking or bank debit/credit cards
• Your motor insurer will issue your LEXUS insurance online.

Is Lexus worth buying?

If you are hesitating to buy it is likely because of the price on the market. Lexus costs more than some other models, but they also have features that you can’t get from any other manufacturer. These are some reasons why Lexus are worth the expense in terms of quality, luxury, performance, and reliability.

What are the Lexus Car Insurance Exclusions?

• Driving without a valid driving license
• Drunk driving the Lexus car
• Wear and tear of the car
• Driving outside the geographical limit
• Consequential loss of the car
• Damages due to nuclear perils
• Depreciation in the value of the Lexus car
• Damages due to war or related perils.

Why you should not buy a Used Lexus Car?

• Inexperienced owners mean poor maintenance
• A lot of jerks drive Lexus
• Electrical Problems
• It’s a ticking time bomb
• Lexus makes more money selling parts
• Well-document reliability issues
• Cheaper parts
• Enjoy the best years of the car, lease a new Lexus
• Old Lexus should not be daily drivers

Why Is It Important to Have Lexus Car Insurance?

• Covers for any damages/losses caused to the third party
• Provides comprehensive car insurance coverage
• Offers cashless transactions through network garages
• Get end to end claims assistance

Why is Lexus Car Insurance So Expensive?

Lexus is known for manufacturing some of the most luxury cars in the world and hence they don’t come cheap. The engine is the major component of a car that decides the pricing. The vehicle must have high-end features that go above and below.

Which is the highest and lowest priced model in Lexus?

Lexus car model with car variant of LX is the highest-priced model in all Lexus cars. Lexus car model with car variant of ES is the lowest priced model in all Lexus cars.

Compare and Buy Lexus Car Insurance, If Need Help? call PolicyBachat at 1800-123-4003 and our insurance specialist will be there to assist you.