Lexus RX 350 Insurance Rates

The average insurance prices for a Lexus RX 350 are $1,576 every 12 months including full coverage. Comprehensive insurance costs an estimated $304 a year, collision costs $592, and liability is $500. Buying just liability costs around $560 a year, with insurance for high-risk drivers costing $3,424 or more. Teenage drivers cost the most to insure at $5,980 a year or more.

Average premium for full coverage: $1,576

Policy rates broken down by type of insurance:

Full coverage includes $500 physical damage deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and RX 350 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of auto insurance. More rural locations are shown to have more infrequent comprehensive and collision claims than densely populated cities.

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

The examples above highlight why it is important to compare rates quotes for a targeted area and their own driving history, instead of making a decision based on average rates.

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

Additional Rate Details

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

• The best discount rate is $904
• Raising to $1,000 deductibles will save approximately $1,372 every year
• The average price for a good driver age 40 who has $500 deductibles is $1,576
• Using low $100 deductibles costs an extra $396 annually
• Drivers who are prone to accidents and violations could pay up to $3,424 or more
• Policy cost to insure a 16-year-old driver can cost as much as $5,980

Insurance rates for a Lexus RX 350 also range considerably based on liability limits and deductibles, your driving characteristics, and the model year and trim level.

Using high physical damage deductibles can reduce rates by up to $600 annually, while buying higher liability limits will increase premiums. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $450 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as low as $1,500 every 12 months on average, or $125 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay at least $5,900 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 likely paying $1,900 to $2,600 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 43% to 135% more than a normal 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 $1,210 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $2,250 on average in Louisiana, New York, and Michigan.

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to get quotes from multiple companies. Every auto insurance company uses a different method to calculate rates, so the 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 More Affordable Lexus RX 350 Insurance

Finding cheaper rates on insurance for a Lexus RX 350 consists of being a safe and courteous driver, having good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Set aside time to shop around at least every other year by quoting rates from direct car insurance companies, and also from local insurance agencies.

Below is a summary of the car insurance concepts raised in the charts and tables above.

• Drivers considered higher risk who have multiple accidents or major violations may have to pay on average $1,850 more annually for auto insurance
• You may be able to save approximately $190 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $600 each year
• Insureds who want higher levels of liability will pay an extra $550 per year to raise from a 30/60 limit to a 250/500 level