Lexus ES 350 Insurance Rates

Estimated insurance rates for a Lexus ES 350 are $1,226 a year for full coverage insurance. Comprehensive insurance costs an estimated $258 a year, collision costs $442, and liability costs around $390. A policy with only liability insurance costs as low as $438 a year, with a high-risk policy costing $2,654 or more. Teenage drivers pay the most at $4,606 a year or more.

Average premium for full coverage: $1,226

Premium estimates broken down by type of coverage:

These estimates include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 states and ES 350 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can make a big difference on the price of insurance. More rural locations are statistically proven to have a lower frequency of physical damage claims than densely populated cities.

The diagram below illustrates the difference location can make on insurance prices.

These rate differences illustrate why it is important to compare prices for a targeted area and risk profile, instead of making a decision based on average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $707
• Using higher $1,000 deductibles will save approximately $1,068 each year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,226
• Using low $100 deductibles for physical damage coverage will cost an extra $310 annually
• High-risk insureds who are prone to accidents and violations could pay up to $2,654 or more
• An auto insurance policy for full coverage for a 16-year-old driver can cost as much as $4,606 or more

View Chart as Image

Car insurance prices for a Lexus ES 350 also have a wide range based on your driving characteristics, the model year and trim level, and liability limits and deductibles.

Older drivers with no driving violations and high deductibles may pay as low as $1,100 a year, or $92 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will be charged at least $4,600 a year. View Rates by Age

Where you choose to live has a huge impact on Lexus ES 350 insurance prices. A driver around age 40 might see prices as low as $800 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,660 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $470 annually, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost up to $351 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying $1,500 to $2,000 extra annually, depending on your age. A high-risk auto insurance policy can be from 43% to 136% more than a normal policy. View High Risk Driver Rates

With such a large range in prices, the only way to figure out which insurance company is cheapest is to get quotes from multiple companies. Each insurance company uses a different method to calculate prices, so rate quotes will be substantially different from one company to the next.

How to Find Cheap Lexus ES 350 Insurance

Finding better rates on insurance for a Lexus ES 350 requires being a low-risk driver, having above-average credit, paying for small claims out-of-pocket, and not having any coverage lapses. Make time to compare rates every time your policy renews by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The items below are a brief summary of the information touched on in this article.

• It is possible to save approximately $150 per year simply by quoting early and online
• Teen drivers have the highest car insurance prices, with premiums being up to $384 per month if full coverage is included
• Increasing policy deductibles can save around $475 each year
• Drivers considered higher risk that tend to have accidents or serious violations pay on average $1,430 more annually to insure their ES 350
• Insureds who want more liability coverage will pay an extra $430 annually to increase from 30/60 bodily injury limits to 250/500 limits