Lexus RX 350 Insurance Rates

The average insurance prices for a Lexus RX 350 are $1,530 every 12 months for full coverage insurance. Comprehensive costs approximately $292, collision insurance costs $548, and liability insurance is estimated at $510. A liability-only policy costs approximately $568 a year, and high-risk insurance costs around $3,324. Teen drivers cost the most to insure at up to $5,842 a year.

Average premium for full coverage: $1,530

Policy rates by type of insurance:

Estimates include $500 policy deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and for all RX 350 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than larger metro areas. The example below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above illustrate why everyone should get quotes using their specific location and their own driving history, rather than relying on price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $882
• Choosing higher $1,000 deductibles can save $190 each year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,530
• Choosing pricier low deductibles for comp and collision coverage increases the price to $1,902
• High-risk insureds with multiple violations and an at-fault accident could pay around $3,324
• Policy cost to insure a teen driver for full coverage can cost $5,842 each year

Car insurance rates for a Lexus RX 350 also range considerably based on liability limits and deductibles, your risk profile, and the model of your RX 350.

Choosing high deductibles can save as much as $570 each year, whereas buying more liability protection will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $459 extra every 12 months. View Rates by Deductible or Liability Limit

A more mature driver with no driving violations and higher deductibles could pay as little as $1,400 annually on average, or $117 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will be charged in the ballpark of $5,800 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying anywhere from $1,800 to $2,500 extra every year, depending on your age. Lexus RX 350 insurance for high-risk drivers ranges anywhere from 43% to 131% more than average. View High Risk Driver Rates

Your home state plays a big part in determining prices for Lexus RX 350 insurance rates. A good driver about age 40 could pay as low as $1,000 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $2,070 on average in Florida, New York, and Michigan.

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 Shop for Low Cost Lexus RX 350 Insurance

Finding cheaper rates on Lexus RX 350 insurance takes avoiding accidents and claims, maintaining a good credit score, being claim-free, and attention to physical damage deductibles. Set aside time to compare rates once a year by getting rate quotes from direct insurance companies, and also from local insurance agencies.

The points below are a review of the data that was covered above.

• It is possible to save around $180 per year just by quoting online well ahead of the renewal date
• Drivers who purchase increased liability limits will pay about $560 annually to raise limits from a 30/60 limit to a 250/500 level
• Drivers under the age of 20 pay the highest auto insurance rates, possibly costing $487 each month if the policy includes full coverage
• High-risk drivers who have several accidents or serious violations may have to pay on average $1,790 more per year to insure a Lexus RX 350