Lexus IS 350 Insurance Rates

The average insurance rates for a Lexus IS 350 are $1,130 a year including full coverage. Comprehensive costs approximately $198 each year, collision costs $300, and liability is estimated at $474. Liability-only insurance costs approximately $522 a year, with high-risk driver insurance costing around $2,442. 16-year-old drivers cost the most to insure at $4,462 a year or more.

Average premium for full coverage: $1,130

Policy rates by type of insurance:

Estimates include $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and IS 350 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance prices. Rural locations are shown to have a lower frequency of comprehensive and collision claims than congested cities.

The graphic below illustrates how location helps determine auto insurance prices.

The examples above highlight why all drivers should get quotes using their specific location and risk profile, instead of using rate averages.

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

More Rate Information

The chart below breaks down estimated Lexus IS 350 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $673
• Choosing higher $1,000 deductibles can save $114 every year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,130
• Buying low deductibles for comp and collision coverage will increase the cost to $1,350
• Unlucky drivers with multiple tickets or accidents could pay around $2,442 or more
• Policy cost for full coverage for a teen driver can cost $4,462 each year

Auto insurance rates for a Lexus IS 350 also range considerably based on your risk profile, the model of your IS 350, and physical damage deductibles and liability limits.

More mature drivers with a good driving record and high deductibles may pay as little as $1,100 annually on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even good drivers will have to pay in the ballpark of $4,400 a year. View Rates by Age

Your home state plays a big part in determining prices for Lexus IS 350 insurance prices. A good driver about age 40 could pay as low as $870 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,610 on average in Louisiana, New York, and Michigan.

Opting for high physical damage deductibles can save as much as $340 every year, whereas increasing liability limits will push rates upward. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $426 extra every year. 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 anywhere from $1,300 to $1,900 in extra premium every year, depending on your age. Insurance for high-risk drivers ranges as much as 43% to 128% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison and see which company has the best rate. Each auto insurer utilizes a different rate formula, and quoted rates will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2012 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 Low Cost Lexus IS 350 Insurance

Finding cheaper rates on car insurance takes being a low-risk driver, having good credit, paying for small claims out-of-pocket, and not having any coverage lapses. Invest time comparing rates every other policy renewal by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The items below are a review of the ideas that were covered in the charts and tables above.

• Teen drivers have the highest car insurance rates, with premiums being up to $372 each month if they have full coverage
• Higher risk drivers who have several accidents or serious violations could be forced to pay on average $1,310 more per year to insure their IS 350
• Increasing comprehensive and collision deductibles can save around $325 each year
• You may be able to save around $130 per year simply by quoting online in advance