Lexus GS 350 Insurance Rates

The average insurance rates for a Lexus GS 350 are $1,320 a year for full coverage. Comprehensive insurance costs an estimated $288 a year, collision costs $506, and liability insurance is $390. Liability-only coverage costs around $438 a year, with high-risk coverage costing $2,858 or more. Teenage drivers cost the most to insure at $4,896 a year or more.

Average premium for full coverage: $1,320

Policy rates broken down by type of insurance:

Rates are based on $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all states and GS 350 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on insurance rates. More rural locations are shown to have a lower frequency of accident claims than densely populated cities.

The diagram below illustrates how rural and urban location affects insurance prices.

The examples above show why it is important to compare rates quotes for a targeted area and risk profile, rather than relying on average rates.

Use the form below to get customized rates for your location.

Additional Rate Details

The chart below shows estimated Lexus GS 350 insurance rates for other coverage scenarios.

• The best discount rate is $753
• Raising to $1,000 deductibles will save approximately $1,138 a year
• The average rate for a good driver age 40 who has $500 deductibles is $1,320
• Using low $100 deductibles will cost an extra $348 a year
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,858 or more
• Policy cost for full coverage for a teen driver can cost as much as $4,896

View Chart as Image

Insurance rates for a Lexus GS 350 also range considerably based on your risk profile, the trim level of your GS 350, and liability limits and deductibles.

Older drivers with no violations or accidents and high deductibles could pay as little as $1,200 every 12 months on average, or $100 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay at least $4,800 a year. View Rates by Age

Your home state also has a big influence on Lexus GS 350 insurance rates. A middle-age driver might find rates as low as $870 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,880 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $530 each year, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $351 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying $1,600 to $2,200 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 45% to 135% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to get quotes from as many companies as possible. Every auto insurance company uses a different method to calculate rates, and rates will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2017 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find the Best Cheap Lexus GS 350 Insurance

Finding cheaper rates on Lexus GS 350 insurance consists of being a low-risk driver, having a good credit history, avoid buying unnecessary coverage, and maximizing policy discounts. Set aside time to shop around every other policy renewal by requesting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The items below are a quick review of the ideas that were raised in the charts and tables above.

• Teen drivers are expensive to insure, costing up to $408 each month including comprehensive and collision insurance
• High-risk drivers with a DUI or reckless driving violation pay an average of $1,540 more annually to insure their GS 350
• Increasing comprehensive and collision deductibles can save around $525 each year
• Drivers can save approximately $160 per year simply by quoting early and online