Lexus IS 350 Insurance Rates

Estimated insurance rates for a Lexus IS 350 are $1,176 a year for full coverage insurance. Comprehensive costs an estimated $212 each year, collision insurance costs $328, and liability coverage costs $478. A liability-only policy costs as little as $526 a year, and high-risk insurance costs around $2,544. Teenage drivers pay the most at up to $4,614 a year.

Average premium for full coverage: $1,176

Premium estimates broken down by type of coverage:

Full coverage includes $500 policy deductibles, 30/60 liability coverage, and includes both medical and uninsured motorist insurance. Rates include averaging for all 50 states and IS 350 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a large influence on the price of insurance. More rural locations are statistically proven to have a lower frequency of physical damage claims than densely populated cities. The graphic below illustrates the difference between rural and urban areas on insurance prices.

These rate differences illustrate why all drivers should compare rates for a targeted area and risk profile, rather than using average rates.

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

Additional Rate Details

The chart below illustrates average Lexus IS 350 insurance rates for other coverage scenarios.

• The best discount rate is $697
• Drivers who choose higher $1,000 deductibles will pay approximately $122 each year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,176
• Using low deductibles for comprehensive and collision insurance will increase the cost to $1,414
• High-risk insureds who are prone to accidents and violations could pay up to $2,544
• An auto insurance policy for full coverage for a teenage driver can cost as much as $4,614 a year

Auto insurance prices for a Lexus IS 350 also have a wide range based on your driving characteristics, the model year and trim level, and liability limits and deductibles.

More mature drivers with a good driving record and high deductibles may only pay around $1,100 per year on average, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will have to pay at least $4,600 a year. View Rates by Age

Where you choose to live makes a big difference in Lexus IS 350 insurance rates. A 40-year-old driver could pay as low as $770 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,590 on average in Florida, New York, and Michigan.

Using high physical damage deductibles could save up to $360 a year, whereas increasing liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost up to $430 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying $1,400 to $2,000 in extra premium annually, depending on your age. Insurance for high-risk drivers can cost around 43% to 132% more than a normal policy. View High Risk Driver Rates

Insurance Rates by Trim Level and Model Year

Rates assume 2012 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 More Affordable Lexus IS 350 Insurance

Finding better rates on auto insurance not only requires avoiding accidents and claims, but also having good credit, paying for small claims out-of-pocket, and consideration of higher deductibles. Set aside time to compare rates every year by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The points below are a summary of the coverage data covered above.

• It is possible to save approximately $140 per year just by quoting online in advance
• Increasing policy deductibles can save around $350 each year
• Drivers under the age of 20 are the costliest to insure, with premiums being up to $385 per month if they have full coverage
• Drivers who have multiple accidents or major violations pay on average $1,370 more annually to insure a Lexus IS 350