Lexus GS 350 Insurance Rates

The average insurance prices for a Lexus GS 350 are $1,262 every 12 months for full coverage insurance. Comprehensive costs approximately $270 each year, collision costs $466, and liability coverage costs $390. Buying just liability costs as little as $438 a year, with insurance for high-risk drivers costing around $2,728. Teenage drivers cost the most to insure at $4,708 a year or more.

Average premium for full coverage: $1,262

Policy rates by type of insurance:

These estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 states and GS 350 models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than densely populated cities.

The graphic below illustrates how location impacts auto insurance prices.

The examples above illustrate why all drivers should compare rates using their specific location and their own driving history, rather than using average rates.

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

More Rate Details

The chart below illustrates estimated Lexus GS 350 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $725
• Drivers who choose higher $1,000 deductibles will pay $170 each year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,262
• Using low deductibles for comprehensive and collision insurance increases the price to $1,582
• High-risk insureds who are prone to accidents and violations could pay around $2,728 or more
• Policy cost to insure a teenage driver can cost $4,708 a year

View Chart as Image

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

Using high physical damage deductibles could save up to $490 a year, whereas increasing liability limits will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $351 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may only pay around $1,200 per year on average, or $100 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay in the ballpark of $4,700 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying anywhere from $1,500 to $2,100 extra every year, depending on your age. Insurance for high-risk drivers can cost around 45% to 133% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in Lexus GS 350 insurance rates. A 40-year-old driver could pay as low as $820 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,700 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to do a rate comparison and see how they stack up. Every company uses a different method to calculate rates, so the rates will be varied.

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 Shop for Cheap Lexus GS 350 Insurance

Finding cheaper rates on auto insurance not only requires avoiding accidents and violations, but also having good credit, being claim-free, and maximizing policy discounts. Spend time shopping around every couple of years by getting quotes from direct insurance companies, and also from local insurance agencies.

The list below is a brief summary of the material that was touched on above.

• Consumers who purchase higher liability limits will pay an extra $430 annually to go from a 30/60 limit to a 250/500 level
• Teenagers are expensive to insure, possibly costing $392 each month if they have full coverage
• Drivers that tend to have accidents or serious violations may have to pay on average $1,470 more per year for car insurance
• Increasing comprehensive and collision deductibles could save as much as $500 each year