Lexus IS 350 Insurance Rates

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

Average premium for full coverage: $1,130

Policy rates broken down by type of insurance:

Rate estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all 50 states and IS 350 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of insurance. More rural locations are shown to have a lower frequency of physical damage claims than cities with more traffic congestion. The diagram below illustrates how your location can change insurance prices.

The examples above illustrate why it is important to compare rates quotes for a targeted area and risk profile, instead of making a decision based on averaged prices.

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

More Rate Details

The chart below illustrates average Lexus IS 350 insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $673
• Raising to $1,000 deductibles will save approximately $1,016 each year
• The average rate for a good driver age 40 who has $500 deductibles is $1,130
• Selecting low $100 deductibles will cost an extra $220 annually
• Drivers with serious driving violations could pay up to $2,442
• Policy cost for full coverage for a 16-year-old driver can cost as much as $4,462

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

Older drivers with a good driving record and high deductibles may pay as low as $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay at least $4,400 a year. View Rates by Age

Your home state also has a big influence on Lexus IS 350 insurance prices. A middle-age driver might find rates as low as $740 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,530 on average in Florida, New York, and Michigan.

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $340 annually, while buying higher liability limits will increase premiums. Switching 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 probably paying $1,300 to $1,900 in extra premium every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 43% to 128% more than the average policy. View High Risk Driver Rates

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 the Best Lexus IS 350 Insurance

Finding cheaper rates on insurance for a Lexus IS 350 consists of being a safe and courteous driver, having good credit, being claim-free, and consideration of higher deductibles. Invest the time to shop around every time your policy renews by getting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below is a brief recap of the information illustrated above.

• It is possible to save approximately $130 per year just by quoting early and online
• Teenage drivers are the costliest to insure, possibly costing $372 each month if they have full coverage
• Increasing comprehensive and collision deductibles can save around $325 each year
• Drivers considered higher risk who tend to receive serious violations pay on average $1,310 more annually for auto insurance
• Insureds who want higher levels of liability will pay approximately $520 annually to raise from a 30/60 limit to 250/500 limits