Lexus IS 350 Insurance Rates

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

Average premium for full coverage: $1,130

Policy rates by type of insurance:

Estimates include $500 deductible amounts, split liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all U.S. states and IS 350 models.

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. Rural locations are shown to have lower incidents of collision claims than densely populated cities. The graphic below illustrates the effect of geographic area on auto insurance prices.

The examples above demonstrate why all drivers should compare rates quotes using their specific location, instead of making a decision based on average rates.

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

Additional Rate Analysis

The chart below details average Lexus IS 350 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $673
• Raising to $1,000 deductibles will save $114 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,130
• Using low deductibles will cost an additional $220 annually
• Drivers who are prone to accidents and violations could pay around $2,442
• Policy cost that insures a 16-year-old driver can cost $4,462

Insurance rates for a Lexus IS 350 also range considerably based on the trim level and model year, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $1,300 to $1,900 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 43% to 128% more than a normal policy. View High Risk Driver Rates

More mature drivers with a clean driving record and higher comprehensive and collision 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, since even teens with perfect driving records can expect to pay in the ballpark of $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 $810 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,530 on average in New York, Michigan, and Florida.

Using high physical damage deductibles can reduce rates by up to $340 annually, whereas increasing liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $426 more per year. View Rates by Deductible or Liability Limit

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 insurance for a Lexus IS 350 consists of having a good driving record, having above-average credit, not filing small claims, and possibly raising deductibles. Compare prices at least once a year by getting quotes from direct companies, and also from local insurance agencies.

The next list is a review of the primary concepts that were covered in the above illustrations.

• You may be able to save around $130 per year just by quoting online in advance
• Drivers considered higher risk who have several accidents or serious violations may have to pay on average $1,310 more per year to buy Lexus IS 350 insurance
• Increasing comprehensive and collision deductibles can save approximately $325 each year
• Drivers age 20 and younger are expensive to insure, as much as $372 each month if full coverage is included