Lexus RX 350 Insurance Rates

The average insurance rates for a Lexus RX 350 are $1,530 a year including full coverage. Comprehensive costs on average $292 a year, collision costs $548, and liability costs $510. A liability-only policy costs as little as $568 a year, with high-risk insurance costing around $3,324. 16-year-old drivers 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:

Full coverage includes $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and RX 350 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than congested cities.

The diagram below illustrates the effect of geographic area on car insurance rates.

The examples above highlight why it is important to compare rates based on a specific location and risk profile, instead of using rate averages.

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

Rate Comparisons

The chart below breaks down estimated Lexus RX 350 insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $882
• Drivers who choose higher $1,000 deductibles will pay around $1,340 every year
• The average rate for a good driver age 40 with $500 deductibles is $1,530
• Buying low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,902
• Higher-risk drivers with multiple tickets or accidents could pay upwards of $3,324 or more
• Policy cost for full coverage for a teen driver may cost $5,842 a year

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

Older drivers with no driving violations and high deductibles may pay as little as $1,400 per year on average, or $117 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged upwards of $5,800 a year. View Rates by Age

Your home state makes a big difference in Lexus RX 350 insurance prices. A 40-year-old driver could pay as low as $1,170 a year in states like Missouri, New Hampshire, and Vermont, or at least $2,180 on average in Michigan, New York, and Louisiana.

Opting for high physical damage deductibles could save up to $570 every year, while buying higher liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $459 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at a minimum $1,800 to $2,500 extra every year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 131% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out exactly what you will pay is to get quotes and see which company has the best rate. Every company utilizes a different rate formula, so rate quotes will be varied from one company to the next.

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 Find More Affordable Lexus RX 350 Insurance

Finding cheaper rates on car insurance not only requires having a decent driving record, but also having above-average credit, paying for small claims out-of-pocket, and maximizing policy discounts. Take the time to compare rates at least once a year by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following items are a summary of the primary concepts that were covered in the above illustrations.

• You may be able to save as much as $180 per year simply by quoting early and online
• Higher risk drivers who have multiple accidents or major violations may pay on average $1,790 more each year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save around $550 each year
• 16 to 18-year-old drivers are expensive to insure, with premiums being up to $487 each month if full coverage is included