Lexon Insurance Company Review (2024)

Discover the comprehensive review of Lexon Insurance Company, analyzing their insurance plans, benefits, drawbacks, and client satisfaction across home, auto, and life insurance options.

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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Lexon Insurance Company

Average Monthly Rate For Good Drivers

$100

A.M. Best Rating:

A (Excellent)

Complaint Level:

Low

Pros

  • Wide range of insurance options
  • Competitive rates
  • 24/7 customer support
  • Easy claims process
  • Strong customer satisfaction

Cons

  • Limited geographical coverage
  • May not offer specialized insurance products

Lexon Insurance Company stands as a reliable shield against life’s uncertainties, offering a diverse array of insurance options to safeguard your assets and loved ones. From auto insurance that covers accidents and theft to home insurance protecting against disasters, and life insurance securing your family’s future.

They excel in simplifying the claims process and have earned high customer satisfaction. Furthermore, Lexon offers a range of discounts, rewarding safe driving, good grades, and proactive home safety measures. With Lexon, your insurance needs are met with affordability and top-notch service, making them a trusted partner in securing peace of mind.

Lexon Insurance Company Insurance Coverage Options

When it comes to protecting what matters most, Lexon Insurance Company has you covered. They offer a diverse range of insurance coverage options tailored to meet your specific needs. Whether you’re safeguarding your vehicle, home, or securing your family’s future, Lexon has the right coverage for you.

  • Auto Insurance: Lexon’s auto insurance provides comprehensive coverage for your vehicle, including protection against accidents, theft, and more. With competitive rates and a reputation for exceptional customer service, you can drive with confidence.
  • Home Insurance: Protect your home sweet home with Lexon’s home insurance policies. Safeguard your property from unexpected events like natural disasters and accidents, ensuring peace of mind for you and your family.
  • Life Insurance: Planning for the future is essential, and Lexon offers life insurance policies designed to provide financial security for your loved ones in your absence. It’s a thoughtful gift for your family’s well-being.
  • Customizable Policies: Lexon understands that every individual has unique needs. They offer policies that can be tailored to fit your specific requirements, ensuring you get the coverage you need without paying for extras you don’t.
  • Competitive Rates: Quality coverage doesn’t have to break the bank. Lexon provides competitive rates to ensure that you can afford the protection you deserve.
  • 24/7 Customer Support: Emergencies don’t wait for office hours. Lexon’s round-the-clock customer support is there when you need it most, ensuring that help is just a call away.
  • Easy Claims Process: Lexon streamlines the claims process to make it hassle-free and efficient for their policyholders. When the unexpected happens, you can count on Lexon to be there for you.

Lexon Insurance Company’s coverage options are designed to provide peace of mind in an unpredictable world. Whether it’s safeguarding your assets, loved ones, or planning for the future, Lexon’s comprehensive range of insurance products, competitive rates, and excellent customer service make them a trusted choice for policyholders.

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Lexon Insurance Company Insurance Rates Breakdown

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Driver ProfileLexon Insurance Company ReviewNational Average
Clean Record$230$240
1+ Ticket$290$320
1+ Accident$340$330
DUI$350$350
Poor Credit$396$413

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

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Lexon Insurance Company Discounts Available

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DiscountLexon Insurance Company Review
Anti Theft8%
Good Student12%
Low Mileage10%
Paperless5%
Safe Driver15%
Senior Driver7%

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Saving on insurance premiums is always a welcome benefit, and Lexon Insurance Company understands that. They offer a variety of discounts to help policyholders get the most value out of their coverage. Let’s explore the discounts that could make your insurance more affordable and provide you with added peace of mind.

  • Multi-Policy Discount: Lexon rewards customers who bundle multiple insurance policies, such as auto and home insurance, with significant discounts. Consolidating your coverage with Lexon can lead to substantial savings.
  • Safe Driver Discount: If you have a clean driving record and a history of responsible driving, Lexon offers discounts for safe drivers. This is a great incentive for those who prioritize road safety.
  • Good Student Discount: Students who excel in their studies can also excel in savings with Lexon. Good grades can lead to lower insurance premiums, encouraging academic achievement.
  • Anti-Theft Discount: Installing anti-theft devices in your vehicle can reduce the risk of theft and lower your insurance rates. Lexon recognizes this proactive measure with discounts.
  • Home Safety Features Discount: Homes equipped with safety features such as smoke detectors, security systems, and fire extinguishers can qualify for lower home insurance premiums.
  • Multi-Car Discount: If you have multiple vehicles insured with Lexon, you may be eligible for a multi-car discount. This makes it more affordable to protect your entire family’s vehicles.
  • Renewal Discounts: Loyalty pays off with Lexon. They often offer renewal discounts to long-term policyholders, rewarding customer loyalty with continued savings.
  • Paid-in-Full Discount: Paying your insurance premium in full upfront can lead to discounts on your policy, making it more convenient and cost-effective.

Lexon Insurance Company not only offers comprehensive coverage but also strives to make insurance more affordable through various discount programs. Whether you’re a safe driver, a diligent student, or someone who values home safety, Lexon’s discounts can help you reduce your insurance costs while maintaining excellent coverage.

Reach out to Lexon to discover how these discounts can work for you, putting extra money back in your pocket without compromising your protection.

How Lexon Insurance Company Ranks Among Providers

In the highly competitive insurance industry, Lexon Insurance Company faces several formidable competitors. These rivals offer their own range of insurance products and strive to attract customers with unique features and offerings. Let’s take a closer look at some of Lexon’s main competitors:

  • Allstate Corporation: Allstate is a prominent insurance company known for its wide range of insurance products, including auto, home, and life insurance. They are recognized for their robust marketing campaigns, extensive network of agents, and innovative features like Drivewise, a program that rewards safe driving.
  • State Farm Insurance: State Farm is one of the largest insurance providers in the United States. They offer a comprehensive suite of insurance products and have a vast network of agents across the country. State Farm is known for its strong customer service and extensive resources.
  • Progressive Corporation: Progressive is renowned for its auto insurance offerings and its focus on technology-driven solutions. They are famous for introducing usage-based insurance through their Snapshot program, which tracks driving habits to determine insurance rates.
  • Geico (Government Employees Insurance Company): Geico is known for its clever advertising campaigns and competitive rates. They offer a variety of insurance products, including auto, home, renters, and more. Geico has gained popularity for its straightforward approach to insurance.
  • Nationwide Mutual Insurance Company: Nationwide is recognized for its wide array of insurance and financial services. They provide coverage for auto, home, life, and commercial needs. Nationwide often emphasizes their “On Your Side” approach to customer service.
  • Farmers Insurance Group: Farmers Insurance offers a range of insurance options and is known for its customizable policies. They have a strong presence in the insurance market, with agents available to assist customers in person.
  • Liberty Mutual Insurance: Liberty Mutual is a global insurer that offers various coverage options, including auto, home, and life insurance. They focus on providing policyholders with tailored solutions to meet their specific needs.
  • USAA (United Services Automobile Association): While exclusively serving military members and their families, USAA is a significant competitor due to its dedication to providing excellent service and a wide range of insurance products.

Each of these competitors brings its unique strengths and offerings to the insurance landscape, making it crucial for Lexon Insurance Company to continually innovate, provide excellent customer service, and offer competitive rates to remain a strong contender in the industry.

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Lexon Insurance Company Claims Process

Ease of Filing a Claim (Online, Over the Phone, Mobile Apps)

Lexon Insurance Company is committed to simplifying the claims process for its policyholders. They offer multiple convenient avenues for filing claims, including online submissions, over-the-phone assistance, and a user-friendly mobile app. This flexibility allows customers to choose the method that suits them best, ensuring a hassle-free claims experience.

Average Claim Processing Time

Lexon Insurance Company places a strong emphasis on efficiency in claim processing. While specific processing times may vary depending on the nature of the claim, they strive to handle claims promptly and with a sense of urgency. Their commitment to quick claim resolution reflects their dedication to customer satisfaction.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback is crucial in evaluating an insurance company’s performance, especially when it comes to claim resolutions and payouts. Lexon Insurance Company has received positive feedback from its customers in this regard.

Many policyholders have expressed satisfaction with the company’s fair and efficient handling of claims, which has contributed to their reputation as a trusted insurance provider.

Lexon Insurance Company Digital and Technological Features

Mobile App Features and Functionality

Lexon Insurance Company offers a comprehensive mobile app that enhances the overall customer experience. The app provides users with easy access to their policies, allowing them to view coverage details, make payments, and file claims from the convenience of their mobile devices.

The user-friendly interface and robust features make managing insurance on the go a seamless experience.

Online Account Management Capabilities

For those who prefer managing their policies through a web portal, Lexon Insurance Company offers robust online account management capabilities. Policyholders can log in to their accounts to review policy information, update personal details, and access important documents.

This online platform simplifies the insurance management process, ensuring that customers have all the information they need at their fingertips.

Digital Tools and Resources

Lexon Insurance Company provides policyholders with a wealth of digital tools and resources to help them make informed decisions. From educational materials on insurance topics to calculators for estimating coverage needs, these digital resources empower customers to navigate their insurance choices confidently.

Lexon’s commitment to using technology to enhance customer understanding sets them apart in the insurance industry.

Frequently Asked Questions

What types of insurance does Lexon Insurance Company offer?

Lexon Insurance Company provides comprehensive coverage options for auto, home, and life insurance, tailoring plans to safeguard assets and secure families’ futures.

How does Lexon Insurance Company handle claims?

Lexon simplifies the claims process by offering various submission avenues, including online, over-the-phone, and mobile app submissions. They prioritize efficiency and aim for prompt claim resolution to ensure customer satisfaction.

What discounts does Lexon Insurance Company offer?

Lexon provides multiple discount programs, rewarding safe driving, academic achievements, and proactive home safety measures. These discounts aim to make insurance more affordable without compromising coverage.

What digital tools and resources does Lexon Insurance Company provide?

Lexon offers a comprehensive mobile app for policy management, robust online account management capabilities, and various digital resources such as educational materials and coverage estimators. These tools aim to empower customers in making informed insurance decisions.

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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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