Lexus IS-350 Insurance Rates

You are not alone if you ever asked yourself, “Is Lexus expensive to insure?” Prices vary from model to model and this article is focused on Lexus IS 350 insurance rates, which amount to $1,624 a year for full coverage.

In order to help you in your search for affordable Lexus IS 350 insurance costs, we’ve prepared this comprehensive guide. This article will detail exactly how Lexus IS 350 insurance rates are determined so you can shop for a policy like an expert.

You can even start comparing Lexus IS 350 quotes right now by taking advantage of our free online tool.

Finding cheaper auto insurance through online rate quotes saves time, is easy to do and at the same time you may find lower rates. The key to finding lower rates is to compare as many rate quotes as possible in order to accurately compare every option.

Finding the best direct price on auto insurance is challenging if you are a beginner to online rate quotes. But don't let that discourage you because we're going to show you how. The are a couple different ways to compare rate quotes and find the best price. The quickest method to find the cheapest Lexus IS-350 insurance quotes is to perform an online rate comparison. It is quite easy and can be accomplished by getting a quick quote here.

What factors determine the rate you pay?

Insurance premiums for a Lexus IS-350 will vary greatly and are calculated by many factors. Taken into consideration are:

• Tickets increase premiums
• Your credit history
• The size of your community
• How many miles you drive
• Male drivers pay higher rates
• The deductible you choose
• Your vehicle's safety rating
• Your job
• Insurance coverage level
• Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a reduced actual cash value compared to new IS-350 models so repair costs tend to be lower which may end up costing you less. Although new IS-350 models have more advanced features included like lane departure warning system, a telematics system, and adaptive headlights so those may help offset higher rates.

Auto liability

This provides protection from damages or injuries you inflict on other people or property that is your fault. Liability insurance covers things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy as much as you can afford.

Collision coverage

This pays to fix your vehicle from damage caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company. Lexus IS-350 collision insurance is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper Lexus IS-350 insurance rates.

Comprehensive auto coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

This provides protection from other motorists when they either have no liability insurance or not enough. Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. PIP coverage is not universally available and may carry a deductible.

To this point, you might have picked up on the fact that insurance companies consider a wide assortment of factors when quoting potential policyholders. That’s what makes it difficult to nail down things like the average insurance cost for a 16-year-old male or average cost of a Lexus.

You can discover what Lexus IS 350 insurance rates are available to you by using our free quote tool below.

What are the safety ratings of the Lexus IS 350?

Insurance companies will look at the safety features and ratings of the model you drive in order to help them determine how much to charge for your Lexus IS 350 insurance cost.

Take a look at the following safety ratings of the Lexus IS 350 with crash test results conducted by the Insurance Institute for Highway Safety (IIHS).

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): N/R
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

These scores indicate that the Lexus IS 350 received the highest mark possible in each category that was tested.

Lexus IS 350 Compared Against Other Vehicles in the Same Class

Classified as a midsize four-door luxury car, the Lexus IS 350 has a lighter curb weight compared to some larger vehicles on the road. While some insurance companies might see this as less favorable, you can see how the Lexus IS 350 stacks up to similar models to see if you’re getting a good insurance deal.

Take a look at the following similar models to see how their average insurance rates compare to the Lexus IS 350.

• Acura TLX
• BMW 4 Series
• Jaguar F-Type

When it comes down to the figures, the IIHS reports that the Lexus IS 350 has a property damage loss percentage of -14 percent, which is better than the average for this vehicle class.

Now that we have gone into great detail about how insurance rates are determined, is there anything you want to know more about? If not, be sure to use our free online tool to start comparing Lexus IS 350 insurance quotes from multiple companies today.