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 insurance costs an estimated $292 a year, collision costs $548, and liability costs $510. Liability-only coverage costs as little as $568 a year, with high-risk coverage costing $3,324 or more. Teen drivers cost the most to insure at $5,842 a year or more.

Average premium for full coverage: $1,530

Policy rates broken down by type of insurance:

Prices are based on $500 deductible amounts, minimum liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and RX 350 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than larger metro areas.

The diagram below illustrates how geographic area affects insurance prices.

The examples above illustrate why it is important to compare rates for a targeted area and their own driving history, instead of using price averages.

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

Detailed Rate Analysis

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

• The lowest rate with discounts is $882
• Drivers who choose higher $1,000 deductibles will pay approximately $1,340 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,530
• Choosing low $100 deductibles for comprehensive and collision insurance costs an extra $372 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay up to $3,324 or more
• Policy cost to insure a teen driver can cost as much as $5,842 a year

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

Choosing high deductibles could save up to $570 every year, while buying higher liability limits will increase premiums. Switching 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

Older drivers with no violations or accidents and higher deductibles may pay as little as $1,400 per year on average, or $117 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay at least $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 $1,800 to $2,500 additional every year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 131% more than average. View High Risk Driver Rates

Your home state makes a big difference in Lexus RX 350 insurance prices. A 40-year-old driver 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.

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to get quotes and see which company has the best rate. Every company uses a different rate calculation, 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 Affordable Lexus RX 350 Insurance

Finding cheaper rates on car insurance not only requires having a good driving record, but also having above-average credit, being claim-free, and maximizing policy discounts. Invest the time to compare rates every couple of years by requesting rates from direct insurance companies, and also from insurance agencies where you live.

The next list is a brief review of the material that was presented in the illustrations above.

• Policyholders who want increased levels of liability coverage will pay about $560 annually to go from a 30/60 limit to a 250/500 level
• Drivers age 20 and younger are expensive to insure, possibly costing $487 each month if full coverage is included
• Higher risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,790 more annually to buy Lexus RX 350 insurance
• Increasing comprehensive and collision deductibles could save as much as $550 each year