LBX Insurance

[P M R]

Hello. Anyone received an insurance quote for LBX ?

[Ste8270]

It doesn't have an insurance rating yet, this is the response from Lexus UK.

[DAN@ADRIAN FLUX]

Hi.

When you're ready please feel free to give us a try for insurance if you wish.

Regards,

Dan.

[Expatma]

New LBX is in Groups 23 - 25 depending on spec. Premium Plus is 24.

For comparison Toyota Cross is Group 12.

[dog3665]

On 2/11/2024 at 1:31 AM, P M R said:

Hello. Anyone received an insurance quote for LBX ?

NO I have been trying all morning it's still not on the data base . my car is due for pickup around Friday this week and I'm really getting P off  and I'm  getting very close to canceling the car.

[dog3665]

this is what I got Friday

[Expatma]

I tried on “Moneysupermarket” and got one ridiculous quote of £760 + had to have Black Box to monitor my driving! Hopefully the major insurance companies will update their databases over the coming week. If you are desperate I suggest you call your current insurer and have a conversation quoting the make/model etc. and that Thatcham rating is Group 24. It might just inspire them to sort you out more quickly.

Incidentally the Toyota Yaris Cross - on which the LBX is based - is in Group 11 or 12 depending on model.

[JimmyfromLargs]

I received a quote from LMI for a LBX Premium Design Plus yesterday 838……which is crazy. This is more expensive than I currently pay for  a 370 BHP Porsche ……makes no sense.

Either this is the real price or they have made an error, I asked them to recheck their Underwriter assumptions/algorithms. This they kindly agreed to do and they offered to call me back. 

For the record we are talking maxim NCD, 8000 miles per annum car parked in a drive, personal use….ie pootling around. 

So something does not stack up…….

Any comments welcome. 

[Expatma]

Lexus plan to sell 25,000 LBX per annum. Unless insurance quotes in future come down to reasonable comparative sums they won't!

Buyers in the £30-£40k range won't buy an LBX if insurance premiums are high compared with other cars in their price range - BMW, Audi etc. Hopefully quotes will settle to reasonable levels as more insurance companies come on stream on comparative websites.

[kevinc23]

Thinking about buying an Lbx, but was worried about high insurance. Had a quote from admiral gold for £528, so hopefully when more insurers have this model on their websites, the price will drop a bit more.