Lexus RX 350 Insurance Rates

The average insurance rates for a Lexus RX 350 are $1,530 a year including full coverage. Comprehensive costs approximately $292 each year, collision costs $548, and liability insurance costs around $510. Buying just liability costs as low as $568 a year, with insurance for high-risk drivers costing around $3,324. 16-year-old drivers cost the most to insure at $5,842 a year or more.

Average premium for full coverage: $1,530

Policy rates by type of insurance:

These estimates include $500 policy deductibles, 30/60 split liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and RX 350 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than congested cities.

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

The examples above highlight why all drivers should compare prices using their specific location, rather than relying on rate averages.

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

Rate Comparisons

The chart below breaks down estimated Lexus RX 350 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $882
• Using higher $1,000 deductibles will save $190 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,530
• Buying low deductibles for physical damage coverage bumps up the cost to $1,902
• Drivers with multiple tickets or accidents could pay around $3,324 or more
• Policy cost that insures a teen driver can cost $5,842 or more

Insurance rates for a Lexus RX 350 also range considerably based on the trim level and model year, your driving record and age, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,800 to $2,500 extra every year, depending on your age. Insurance for high-risk drivers can be anywhere from 43% to 131% more than the average rate. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,400 a year, or $117 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 $5,800 a year. View Rates by Age

Your home state has a huge impact on Lexus RX 350 insurance rates. A driver around age 40 might see rates as low as $1,170 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,180 on average in Louisiana, New York, and Michigan.

Opting for high physical damage deductibles could cut rates by as much as $570 each year, whereas increasing liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $459 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison from as many companies as possible. Each insurance company utilizes a different rate formula, so the rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2020 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 Cheap Lexus RX 350 Insurance

Finding cheaper rates on Lexus RX 350 insurance requires avoiding accidents and claims, having above-average credit, paying for small claims out-of-pocket, and maximizing policy discounts. Comparison shop at least every other year by getting quotes from direct car insurance companies, and also from local auto insurance providers.

The points below are a brief summary of the car insurance concepts raised in the charts and tables above.

• High-risk drivers that tend to have accidents or serious violations will likely pay on average $1,790 more per year to insure a Lexus RX 350
• You may be able to save around $180 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $550 each year
• Drivers who purchase increased liability limits will pay around $560 per year to increase from a 30/60 limit to the 250/500 level