Lexus GS 350 Insurance Rates

The average insurance rates for a Lexus GS 350 are $1,320 a year for full coverage. Comprehensive costs an estimated $288 each year, collision costs $506, and liability costs around $390. Liability-only coverage costs as low as $438 a year, with high-risk coverage costing around $2,858. Teens cost the most to insure at $4,896 a year or more.

Average premium for full coverage: $1,320

Policy rates broken down by type of insurance:

Prices include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and GS 350 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on insurance rates. More rural locations are shown to have lower incidents of accident claims than cities with more traffic congestion.

The graphic below illustrates the effect of geographic area on insurance prices.

The examples above show why all drivers should compare prices for a targeted area, instead of making a decision based on averaged prices.

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

Additional Rate Analysis

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

• The cheapest rate after discounts is $753
• Using higher $1,000 deductibles will save approximately $182 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,320
• Selecting low deductibles for physical damage coverage bumps up the cost to $1,668
• High-risk insureds with serious driving violations could pay up to $2,858 or more
• Policy cost that insures a 16-year-old driver can cost as much as $4,896 or more

View Chart as Image

Insurance rates for a Lexus GS 350 also range considerably based on the trim level and model year, how you drive, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you could be paying $1,600 to $2,200 additional every year, depending on your age. Insurance for high-risk drivers can be from 45% to 135% more than the average policy. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,200 a year, or $100 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay at least $4,800 a year. View Rates by Age

Your home state has a huge impact on Lexus GS 350 insurance prices. A driver around age 40 might see rates as low as $870 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,880 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $530 annually, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $351 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know which auto insurance is cheapest is to do a rate comparison from multiple companies. Each insurance company calculates rates differently, and rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2017 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 the Right Lexus GS 350 Insurance

Finding cheaper rates on insurance for a Lexus GS 350 requires having a decent driving record, having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Compare rates every year by getting quotes from direct carriers, and also from your local independent and exclusive agents.

The following items are a quick rundown of the coverage data covered in the above illustrations.

• Drivers can save approximately $160 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• 16 to 18-year-old drivers are expensive to insure, costing up to $408 each month if comprehensive and collision insurance is included
• Drivers considered higher risk with reckless driving or DUI convictions may pay on average $1,540 more annually than a driver with a clean driving record