Lexus RX 350 Insurance Rates

The average insurance prices for a Lexus RX 350 are $1,530 every 12 months with full coverage. Comprehensive insurance costs approximately $292, collision costs $548, and liability is $510. Liability-only coverage costs around $568 a year, with high-risk coverage costing $3,324 or more. Teens 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:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all U.S. states and for all RX 350 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of insurance. Rural locations are shown to have more infrequent collision claims than cities with more traffic congestion.

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

The examples above demonstrate why everyone should compare rates quotes using their specific location and their own driving history, instead of making a decision based on averaged prices.

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

Additional Rate Analysis

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

• The cheapest rate after discounts is $882
• Raising to $1,000 deductibles will save $190 annually
• The average price for a good driver age 40 who chooses $500 deductibles is $1,530
• Selecting pricier low deductibles costs an extra $372 annually
• Drivers with serious driving violations could pay around $3,324 or more
• Policy cost to insure a 16-year-old driver for full coverage can cost $5,842

Insurance rates for a Lexus RX 350 also range considerably based on liability limits and deductibles, your driving record, and the model of your RX 350.

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $570 annually, whereas buying more liability protection will push rates upward. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $459 more each year. View Rates by Deductible or Liability Limit

A more mature driver with no violations or accidents and higher deductibles may pay as low as $1,400 every 12 months on average, or $117 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay 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 may be forking out anywhere from $1,800 to $2,500 additional every year, depending on your age. Lexus RX 350 insurance for high-risk drivers is expensive and can cost from 43% to 131% more than the average policy. View High Risk Driver Rates

Your home state also has a big influence on Lexus RX 350 insurance prices. A middle-age driver might find rates as low as $1,100 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $2,070 on average in New York, Michigan, and Florida.

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to regularly compare rates from multiple companies. Every auto insurance company calculates rates differently, and 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 Shop for the Best Lexus RX 350 Insurance

Finding cheaper rates on insurance for a Lexus RX 350 consists of avoiding accidents and violations, having above-average credit, not filing small claims, and qualifying for all possible discounts. Set aside time to shop around at every policy renewal by getting rate quotes from direct companies, and also from insurance agencies where you live.

The list below is a brief recap of the data raised in the charts and tables above.

• Insureds who purchase higher liability limits will pay approximately $560 every year to raise from a 30/60 limit to a 250/500 level
• You may be able to save around $180 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save as much as $550 each year
• Teenagers are the costliest to insure, as much as $487 each month if full coverage is included