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 each year, collision costs $592, and liability is estimated at $500. Buying just liability costs approximately $560 a year, with insurance for high-risk drivers costing $3,424 or more. Teenage 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:

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

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on the price of insurance. More rural locations tend to have lower incidents of physical damage claims than densely populated cities.

The graphic below illustrates how location helps determine insurance prices.

These examples illustrate why all drivers should get quotes for a targeted area, instead of using average rates.

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

More Rate Details

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

• The best discount rate is $904
• Choosing higher $1,000 deductibles can save approximately $204 each year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,576
• Using low deductibles for comp and collision coverage will cost an additional $396 every year
• Unlucky drivers who are prone to accidents and violations could pay up to $3,424 or more
• The cost that insures a teen driver can cost as much as $5,980 each year

Auto insurance rates for a Lexus RX 350 can also vary considerably based on the trim level and model year, 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. Insurance for high-risk drivers ranges as much as 43% to 135% more than a normal policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,500 annually on average for full coverage. Rates are much higher 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 plays a big part in determining prices for Lexus RX 350 insurance prices. A good driver about age 40 could pay as low as $1,030 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $2,120 on average in Florida, New York, and Michigan.

Using high physical damage deductibles can save as much as $600 every year, whereas increasing 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 do a rate comparison and see which company has the best rate. Each auto insurer uses a different method to calculate rates, 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 Cheaper Lexus RX 350 Insurance

Saving money on car insurance takes avoiding accidents and claims, maintaining a good credit score, avoid buying unnecessary coverage, and qualifying for all possible discounts. Compare prices at least every other year by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

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

• Higher risk drivers with multiple at-fault accidents may have to pay on average $1,850 more annually to insure a Lexus RX 350
• It is possible to save approximately $190 per year simply by quoting online in advance
• Increasing deductibles can save approximately $600 each year
• Policyholders who want increased liability limits will pay an extra $550 annually to raise limits from a minimum limit to the 250/500 level