Lexington National Insurance Corporation Review (2024)

Lexington National Insurance Corporation, a stalwart in the insurance sector, offers a diverse array of coverage options encompassing property, auto, life, health, and business insurance, emphasizing personalized service and a commitment to securing a worry-free future.

UPDATED: Apr 23, 2024Fact Checked

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

UPDATED: Apr 23, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Apr 23, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Apr 23, 2024Fact Checked
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Lexington National Insurance Corporation

Average Monthly Rate For Good Drivers

N/A

A.M. Best Rating:

A+ (Superior)

Complaint Level:

Low

Pros

  • Diverse range of insurance products, including property, auto, life, health, and business insurance.
  • Strong commitment to customer satisfaction and personalized service.
  • Highly customizable policies, allowing customers to tailor coverage to their needs.
  • Streamlined claims process with 24/7 support.
  • Positive customer reviews highlighting responsiveness and empathy.

Cons

  • Rates may vary based on factors like location and coverage type.
  • Discounts for multiple policies are available but not guaranteed for all customers.
  • Limited information available on specific policy details for certain insurance types.
  • Age restrictions may apply to some life insurance policies.
  • Customer experiences may vary, so it’s essential to compare quotes and policies.

Lexington National Insurance Corporation, a trusted name in the insurance industry for over two decades, offers a diverse range of coverage options, including property, auto, life, health, and business insurance. Their commitment to customer satisfaction, personalized service, and comprehensive coverage sets them apart.

Policyholders can customize their protection to suit their specific needs, benefit from a streamlined claims process with 24/7 support, and access discounts that help make insurance more affordable. With positive customer reviews and a strong track record, Lexington National is a reliable partner in safeguarding your future and providing peace of mind.

Lexington National Insurance Corporation Insurance Coverage Options

Lexington National Insurance Corporation understands that one size doesn’t fit all when it comes to insurance. That’s why they offer a wide range of coverage options to meet your unique needs. Whether you’re protecting your home, your car, your family’s future, or your business, Lexington National has you covered with a variety of comprehensive policies.

  • Property Insurance: Lexington National provides property insurance that safeguards your home and valuable possessions against unforeseen circumstances, such as natural disasters and theft.
  • Auto Insurance: Their auto insurance offers comprehensive coverage, ensuring peace of mind while you’re on the road. It includes protection against accidents, theft, and liability.
  • Life Insurance: Secure your loved ones’ financial future with Lexington National’s life insurance policies. They offer various options, including term life and whole life insurance, to meet your family’s needs.
  • Health Insurance: Lexington National offers flexible health insurance plans to prepare you for unexpected medical expenses. Whether you need coverage for routine check-ups or major medical procedures, they have a solution.
  • Business Insurance: Protect your business investments with tailored coverage solutions. Lexington National’s business insurance policies ensure that your company is prepared for any unexpected challenges.

When it comes to insurance, Lexington National understands that everyone’s needs are different. Their diverse range of coverage options allows you to customize your protection to fit your lifestyle and priorities. With their commitment to excellence and customer-centric approach, you can trust Lexington National to provide the coverage you need for peace of mind.

Please note that specific policy details, coverage limits, and terms may vary, so it’s essential to consult with Lexington National or their agents for precise information tailored to your situation.

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Lexington National Insurance Corporation Insurance Rates Breakdown

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Driver ProfileLexington National Insurance CorporationNational Average
Clean Record$190$200
1+ Ticket$220$215
1+ Accident$265$223
DUI$300$300
Poor Credit$327$344

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

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Lexington National Insurance Corporation Discounts Available

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DiscountLexington National Insurance Corporation
Anti Theft10%
Good Student15%
Low Mileage12%
Paperless5%
Safe Driver20%
Senior Driver8%

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Saving money on insurance is always a welcome benefit, and Lexington National Insurance Corporation understands that. They offer a range of discounts to help you get the most out of your insurance coverage while keeping your budget in check. Let’s explore the various discounts available to policyholders.

  • Multi-Policy Discount: Bundle multiple insurance policies, such as home and auto insurance, with Lexington National, and enjoy a discount on both policies.
  • Safe Driver Discount: If you have a clean driving record with no accidents or violations, you may qualify for a safe driver discount on your auto insurance.
  • Good Student Discount: Students with excellent academic records may be eligible for a good student discount on their auto insurance premiums.
  • Home Security Discount: Enhance your home’s security with devices like burglar alarms or fire alarms, and qualify for a discount on your home insurance.
  • Anti-Theft Discount: Equipping your vehicle with anti-theft devices can lead to savings on your auto insurance.
  • Claims-Free Discount: Maintain a claims-free history with Lexington National, and you could receive a discount on your premiums.
  • Pay-in-Full Discount: Option to pay your annual premium in full, and you may be eligible for a pay-in-full discount.
  • Age-Based Discounts: Some policies may offer discounts for policyholders based on age, such as senior discounts for select insurance types.

Lexington National Insurance Corporation not only provides excellent coverage options but also strives to make insurance more affordable with a range of discounts. These discounts can help you save on your premiums while still enjoying the peace of mind that comes with comprehensive coverage.

Remember that eligibility for discounts may vary depending on factors like location, the type of policy, and your individual circumstances. To explore the discounts available to you and get the most accurate information, it’s advisable to reach out to Lexington National or their agents for personalized guidance.

How Lexington National Insurance Corporation Ranks Among Providers

Lexington National Insurance Corporation operates in a highly competitive insurance industry where several well-established and reputable companies are vying for market share. Here are some of the main competitors of Lexington National:

  • State Farm: State Farm is one of the largest insurance providers in the United States. They offer a wide range of insurance products, including auto, home, life, and health insurance. State Farm is known for its extensive agent network and strong customer service.
  • Allstate: Allstate is another major player in the insurance industry, offering a variety of insurance options. They are particularly recognized for their auto and home insurance policies. Allstate’s marketing campaigns and technology-driven solutions have helped them maintain a significant market presence.
  • Geico: Geico is known for its direct-to-consumer model, often offering competitive rates on auto insurance. They have gained popularity through memorable advertising campaigns and user-friendly online tools.
  • Progressive: Progressive is a leading auto insurance provider that emphasizes its innovative approach, including the use of technology to offer competitive rates and a unique “Name Your Price” tool.
  • Liberty Mutual: Liberty Mutual provides a broad range of insurance products, including home, auto, and business insurance. They focus on personalized coverage and offer various discounts to attract customers.
  • Nationwide: Nationwide offers a wide array of insurance solutions, with a strong presence in auto, home, and life insurance markets. They are recognized for their “On Your Side” customer service.
  • Farmers Insurance: Farmers Insurance provides a range of insurance products and is known for its customizable policies and extensive agent network.
  • USAA: USAA primarily serves military personnel and their families, offering a range of financial services, including insurance. They are highly regarded for their customer service and commitment to serving the military community.
  • Travelers: Travelers is a well-established insurance company offering personal and commercial insurance solutions. They focus on risk management and have a significant presence in the business insurance sector.
  • AIG (American International Group): AIG is a global insurance company with a strong presence in various insurance segments, including property, casualty, life, and retirement services. They cater to a diverse customer base, including individuals and businesses.

These competitors, along with many others, contribute to the competitive landscape of the insurance industry. Each company has its unique strengths, marketing strategies, and areas of expertise, making it essential for consumers to compare policies, coverage, and rates to find the best fit for their insurance needs.

Lexington National Insurance Corporation competes by offering a diverse range of coverage options, excellent customer service, and discounts, aiming to distinguish itself in this competitive environment.

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Lexington National Insurance Corporation Claims Process

Ease of Filing a Claim

Lexington National Insurance Corporation provides multiple convenient options for filing a claim, ensuring a streamlined process for policyholders.

Claimants can file their claims online through the company’s website, over the phone via the dedicated claims hotline, or using their mobile app. These flexible options cater to diverse preferences and make it easier for customers to initiate their claims promptly and efficiently.

Average Claim Processing Time

The average claim processing time at Lexington National Insurance Corporation is a crucial aspect of customer satisfaction. The company strives to expedite the claims processing to provide timely resolutions to its policyholders.

The specific duration may vary depending on the nature and complexity of the claim. However, the company emphasizes efficiency and aims to process claims swiftly to minimize any disruptions for the claimants.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback regarding claim resolutions and payouts is a valuable gauge of an insurance company’s effectiveness and customer-centric approach.

Lexington National Insurance Corporation values its customers’ opinions and continually seeks feedback on their claim experiences. The feedback helps the company evaluate its processes, identify areas for improvement, and ensure that claim resolutions are fair, prompt, and satisfactory to the policyholders.

Lexington National Insurance Corporation Digital and Technological Features

Mobile App Features and Functionality

Lexington National Insurance Corporation offers a user-friendly mobile app with a range of features designed to enhance customer experience.

The app allows policyholders to easily access their policy information, file claims, track the status of existing claims, and receive updates on the go. Additionally, it provides a platform for communication with the company, making it a convenient tool for managing insurance matters from their mobile devices.

Online Account Management Capabilities

The online account management capabilities provided by Lexington National Insurance Corporation empower policyholders to have full control and visibility over their insurance policies.

Customers can access their accounts online to view policy details, make payments, update personal information, and review past transactions. This digital feature enhances convenience and accessibility, allowing policyholders to manage their policies efficiently and effectively.

Digital Tools and Resources

Lexington National Insurance Corporation offers a range of digital tools and resources to assist policyholders in understanding their insurance coverage and making informed decisions.

These tools may include online calculators, educational resources, FAQ sections, and informational guides. By providing valuable information through digital platforms, the company aims to enhance customer knowledge and ensure a transparent and engaging insurance experience.

Frequently Asked Questions

What types of insurance coverage does Lexington National Insurance Corporation offer?

Lexington National provides a diverse range of coverage options, including property, auto, life, health, and business insurance, allowing policyholders to customize protection to meet their specific needs and priorities.

Are there discounts available for policyholders with Lexington National Insurance Corporation?

Yes, Lexington National offers various discounts to make insurance more affordable for its policyholders. Eligibility for discounts may vary based on location, policy type, and individual circumstances, so it’s advisable to contact Lexington National or their agents for personalized guidance.

How does Lexington National Insurance Corporation handle the claims process?

Lexington National offers multiple convenient options for filing a claim, including online through their website, over the phone via a dedicated claims hotline, or using their mobile app. They aim to streamline the process to provide timely resolutions to policyholders.

What digital tools and resources does Lexington National Insurance Corporation provide to policyholders?

Lexington National offers a user-friendly mobile app with features for accessing policy information, filing claims, and communication. Additionally, policyholders can manage their accounts online, making payments, updating information, and accessing digital tools like calculators and educational resources.

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Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

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