Lexon Auto Insurance Review

Lexon is unique in that they provide a network of independent brokers and agents that are utilized nationwide as opposed to making use of their private brokers and agents. Compare quotes from auto insurance companies near you with our FREE ZIP code search tool!

People looking for auto insurance prefer dealing with independent brokers and agents on a personal basis. Lexon Insurance is a member of the Fidelity Association of America, the Securities and Insurance Licensing Association and the National Association of Surety Bond Producers.Lexon is the thirteenth largest surety bonds company in the USA and since 2003 has maintained a steady growth rate annually. Lexon offers their potential and existing customers an organized user friendly website.

When visiting the website you will be able to view a brief profile of the company as well as products that are offered.

Clients have the option to contact a local agent on the website by contacting one of the agencies, and an option to download Lexon’s online application forms. Start saving on car insurance today with a FREE auto insurance comparison!

Why is Auto Insurance Important?

Auto insurance coverage in various amounts is required by state car insurance laws. It protects drivers from any financial obligation should an accident occur. Depending on the types of auto insurance coverage, your auto insurance could also cover liability and property damage costs

In addition Lexon offers their existing customers the option to access their accounts online and this also applies to their employees and agents. However, customers requiring additional information have to make use of the contact information or agent locator in order to speak to an agent directly with regards to Lexon’s products.

What Type of Coverage Does Lexon Offer?

• Liability coverage – covers damage to a third party property as well as covers against bodily injuries
• Medical coverage – for medical treatment, loss of wages, rehabilitation and in the case of death funeral expenses
• Property coverage – if you car is stolen or damaged

Before buying auto insurance it is important to find out what type of coverage the state you reside in requires. Many people are not aware that each state has it’s own auto insurance laws, and should you take out the wrong coverage you could be faced with a law suit.You can contact your local state insurance department which will provide you with the comprehensive state laws regarding auto insurance.

How are Auto Insurance Rates Determined by Lexon?

• The risk you pose to an insurance company
• The insurers’ cost incurred in order to carry out their business
• The estimated amount of money the insurer will need to forfeit for claims annually
• Factors such as the make and model of the car being insured, the applicants age, the applicant driving record, credit ratings and where the car is parked

How to Reduce Your Auto Insurance Rates

When researching auto insurance, make sure you discuss the possibilities of reducing your monthly premiums with your broker or insurance agent. Here are a few tips to help you reduce your auto insurance costs.

• Pay the excess expenses from your pocket and choose a higher deductible.
• Maintain a safe driving record.
• Take into account the vehicles value, age and condition and prevent unnecessary coverage.
• Bundle other insurance coverage such as home insurance with the same insurance company.
• Obtain credits for auto training or defense driver training.
• Find a vehicle that has low mileage as well as anti theft devices.
• Insure more that one car with the same insurance company.

Can Auto Insurance be Cancelled Once Purchased?

The answer is yes. There are several factors that could lead to an auto insurance being cancelled such as an auto license being suspended while the policy is current and if the monthly premiums are not paid regularly.

However, the insurance company by law needs to give the policy holder thirty days notice as well as refund on the premiums not used. However, cancellation costs will be deducted from the monies refunded.

Does a Lexon Auto Policy Cover Car Rentals and Other People Driving my Vehicle?

Yes, car rentals are covered under a standard auto insurance policy. However, insurance that has already been purchased from a car rental company will automatically supersede an auto insurance policy.

In the case of another driving your vehicle with your permission will be covered, although you need to check these queries with your insurance broker or agent due to the different state laws.

In the Even of an Accident, What Should You Do?

If you have an accident,  you should obtain a copy of the police report as well as obtain the insurance information from the other party. In order to prove damages, you should take photos of both vehicles. Call your insurance company and depending on the situation your agent will advise you as to whether you should file a claim. Make sure you’re covered today with our FREE quote comparison tool!

Be sure to check auto insurance reviews as part of your car insurance research process. Armed with this knowledge, you should be able to find cheap auto insurance that covers you well. Try a FREE quote comparison today with our ZIP code search!