Lexus RX 350 Insurance Rates

The average auto insurance rates for a Lexus RX 350 are $1,530 annually for full coverage. Comprehensive insurance costs an estimated $292 each year, collision costs $548, and liability insurance costs around $510. Liability-only insurance costs as low as $568 a year, with high-risk driver insurance costing $3,324 or more. Teenage 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:

Full coverage includes $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and RX 350 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on insurance rates. More rural locations are shown to have fewer accident claims than densely populated cities.

The graphic below illustrates how location impacts insurance prices.

The examples above show why all drivers should compare prices for a targeted area and their own personal driving habits, rather than relying on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $882
• Using higher $1,000 deductibles will save approximately $190 a year
• The estimated rate for a good driver age 40 who has $500 deductibles is $1,530
• Using low deductibles for physical damage coverage costs an additional $372 a year
• Drivers who are prone to accidents and violations could pay up to $3,324 or more
• Policy cost with full coverage for a teen driver can cost as much as $5,842 or more

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

More mature drivers with a good driving record and high physical damage deductibles could pay as little as $1,400 a year, or $117 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have to pay at least $5,800 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying $1,800 to $2,500 in extra premium every year, depending on your age. Insurance for high-risk drivers can be anywhere from 43% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $570 each year, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $459 extra every year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Lexus RX 350 insurance rates. A driver around age 40 might see rates as low as $1,010 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,180 on average in New York, Louisiana, and Michigan.

Because rates have so much variability, the only way to know which auto insurance is cheapest is to do a rate comparison from as many companies as possible. Each insurance company uses a different method to calculate rates, and quoted rates will be varied between companies.

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 Buy More Affordable Lexus RX 350 Insurance

Finding cheaper rates on Lexus RX 350 insurance requires being a safe and courteous driver, having above-average credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Spend time shopping around at every other renewal by obtaining price quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below is a summary of the concepts that were touched on above.

• High-risk drivers who have multiple accidents or major violations may pay on average $1,790 more annually for auto insurance
• Teenage drivers are the costliest to insure, costing up to $487 each month if full coverage is included
• Drivers can save approximately $180 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save up to $550 each year
• Drivers can save approximately $180 per year simply by quoting online in advance