Lexus RX 350 Insurance Rates

Average insurance rates for a Lexus RX 350 are $1,576 a year for full coverage insurance. Comprehensive insurance costs an estimated $304, collision costs $592, and liability coverage is $500. Buying just liability costs around $560 a year, with insurance for high-risk drivers costing $3,424 or more. 16-year-old drivers receive the highest rates at $5,980 a year or more.

Average premium for full coverage: $1,576

Rate estimates broken down by individual coverage type:

These estimates include $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and for different RX 350 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on the price of insurance. More rural locations tend to have lower incidents of physical damage claims than congested cities.

The price range example below illustrates the effect of geographic area on insurance prices.

These examples illustrate why anyone shopping for car insurance should compare rates quotes for a targeted area, rather than using rate averages.

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

Rates by State, City, and Model

The chart below illustrates estimated Lexus RX 350 insurance rates for other coverage scenarios.

• The best full coverage rate is $904
• Raising to $1,000 deductibles will save approximately $204 each year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,576
• Buying more expensive low deductibles will cost an additional $396 each year
• Unlucky drivers with multiple tickets or accidents could pay up to $3,424 or more
• The cost that insures a teenage driver with full coverage can cost as much as $5,980

Auto insurance rates for a Lexus RX 350 can also vary considerably based on the model year and trim level, your age and driving record, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are probably paying $1,900 to $2,600 in extra premium per year, depending on your age. High-risk driver insurance is expensive and can cost around 43% to 135% more than the average rate. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may only pay around $1,500 every 12 months on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will have to pay at least $5,900 a year. View Rates by Age

Where you live also has a big influence on Lexus RX 350 insurance rates. A middle-age driver might find rates as low as $1,030 a year in states like North Carolina, Wisconsin, and Vermont, or at least $2,120 on average in Florida, New York, and Michigan.

Opting for high physical damage deductibles can reduce rates by up to $600 a year, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $450 extra every year. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to figure out which company is cheapest is to compare rates and see how they stack up. Every auto insurance company utilizes a different rate formula, and quoted rates can be significantly different.

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

Saving money on auto insurance consists of being a safe and courteous driver, maintaining a good credit score, avoid buying unnecessary coverage, and qualifying for all possible discounts. Comparison shop at every other renewal by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

Below is a brief summary of the concepts that were covered in the above illustrations.

• Drivers that tend to have accidents or serious violations may have to pay on average $1,850 more annually for auto insurance
• Teenage drivers are the costliest to insure, costing up to $498 per month if the policy includes full coverage
• It is possible to save approximately $190 per year simply by shopping early and online
• Increasing deductibles can save approximately $600 each year
• It is possible to save approximately $190 per year simply by shopping early and online