Lexus IS 350 Insurance Rates

The average insurance rates for a Lexus IS 350 are $1,130 a year with full coverage. Comprehensive costs approximately $198 a year, collision costs $300, and liability coverage is $474. Buying just liability costs around $522 a year, with insurance for high-risk drivers costing around $2,442. 16-year-old drivers cost the most to insure at $4,462 a year or more.

Average premium for full coverage: $1,130

Policy rates by type of insurance:

Prices are based on $500 physical damage deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all U.S. states and IS 350 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of insurance. Rural locations are shown to have lower incidents of collision claims than congested cities.

The diagram below illustrates the effect of geographic area on auto insurance prices.

The examples above demonstrate why it is important to compare rates quotes using their specific location, rather than using rate averages.

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

More Rate Information

The chart below details estimated Lexus IS 350 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $673
• Raising to $1,000 deductibles will save $1,016 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,130
• Buying low $100 deductibles bumps up the cost to $1,350
• Unlucky drivers with multiple tickets or accidents could pay around $2,442 or more
• Policy cost that insures a teenage driver can cost $4,462

Insurance rates for a Lexus IS 350 also range considerably based on the trim level of your IS 350, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $1,300 to $1,900 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 43% to 128% more than the average rate. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles may only pay around $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $4,400 a year. View Rates by Age

Your home state also has a big influence on Lexus IS 350 insurance rates. A middle-age driver might find rates as low as $810 a year in states like Utah, Ohio, and New Hampshire, or at least $1,530 on average in New York, Michigan, and Florida.

Opting for high physical damage deductibles can reduce rates by up to $340 a year, while buying higher liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to get quotes and see how they stack up. Every auto insurance company utilizes a different rate formula, so the rates will be varied.

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 Affordable Lexus IS 350 Insurance

Finding cheaper rates on auto insurance consists of being a safe and courteous driver, having above-average credit, not filing small claims, and maximizing policy discounts. Comparison shop once a year by requesting rates from direct companies, and also from local insurance agencies.

Below is a brief review of the data that was covered in the above illustrations.

• You may be able to save around $130 per year simply by quoting early and online
• Consumers who purchase higher levels of liability will pay around $520 every year to raise from a 30/60 limit to the 250/500 level
• Teenage drivers are expensive to insure, as much as $372 each month if full coverage is included
• Drivers with DUI or reckless driving convictions may have to pay on average $1,310 more per year for auto insurance