Lexus RX 350 Insurance Rates

Estimated insurance rates for a Lexus RX 350 are $1,530 a year with full coverage. Comprehensive insurance costs approximately $292, collision insurance costs $548, and liability is estimated at $510. Liability-only coverage costs approximately $568 a year, and high-risk coverage costs $3,324 or more. Teenage drivers pay the most at up to $5,842 a year.

Average premium for full coverage: $1,530

Premium estimates by type of coverage:

Full coverage includes $500 deductibles, split liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates include averaging for all U.S. states and for all RX 350 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can make a big difference on the price of insurance. Rural locations are statistically proven to have a lower frequency of collision claims than densely populated cities. The example below illustrates the effect of geographic area on auto insurance prices.

These rate differences demonstrate why everyone should get quotes using their specific location and risk profile, instead of making a decision based on average rates.

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

Additional Rate Analysis

The chart below details average Lexus RX 350 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $882
• Choosing higher $1,000 deductibles can save $190 annually
• The average rate for a 40-year-old good driver who chooses $500 deductibles is $1,530
• Using pricier low deductibles for comp and collision coverage will cost an extra $372 annually
• Higher-risk drivers who are prone to accidents and violations could pay around $3,324
• An auto insurance policy for full coverage for a 16-year-old driver for full coverage can cost $5,842 each year

Insurance prices for a Lexus RX 350 also have a wide range based on your driving characteristics, the trim level and model year, and physical damage deductibles and liability limits.

A more mature driver with a clean driving record and high deductibles may pay as low as $1,400 annually on average, or $117 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers can expect to pay in the ballpark of $5,800 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Lexus RX 350 insurance prices. A good driver about age 40 could pay as low as $1,100 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $2,070 on average in New York, Michigan, and Florida.

Using high physical damage deductibles can save as much as $570 annually, whereas buying more liability protection will push prices upward. Moving from a 50/100 limit to a 250/500 limit will cost up to $459 more per year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you may be forking out anywhere from $1,800 to $2,500 extra annually, depending on your age. Lexus RX 350 insurance for high-risk drivers ranges from 43% to 131% more than a normal policy. View High Risk Driver Rates

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 More Affordable Lexus RX 350 Insurance

Finding better rates on insurance for a Lexus RX 350 takes not taking risks behind the wheel, maintaining good credit, being claim-free, and possibly raising deductibles. Take the time to compare rates at least once a year by requesting quotes from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following is a summary of the primary concepts that were covered in the above illustrations.

• You may be able to save around $180 per year just by quoting online well ahead of the renewal date
• Drivers considered higher risk who have multiple accidents or major violations pay on average $1,790 more per year for RX 350 insurance
• Increasing policy deductibles can save around $550 each year
• Teens are expensive to insure, possibly costing $487 per month for full coverage