Lexus RX 350 Insurance Rates

Average insurance rates for a Lexus RX 350 are $1,530 a year for full coverage insurance. Comprehensive costs around $292 a year, collision insurance costs $548, and liability is estimated at $510. Liability-only coverage costs approximately $568 a year, and high-risk coverage costs around $3,324. Teenage drivers receive the highest rates at up to $5,842 a year.

Average premium for full coverage: $1,530

Rate estimates for individual coverage type:

Rates are based on $500 comprehensive and collision deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Rates are averaged for all 50 states and RX 350 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on car insurance rates. Areas with sparse population tend to have lower incidents of physical damage claims than densely populated cities. The diagram below illustrates how your location can change auto insurance rates.

These examples illustrate why it is important to get quotes for a specific zip code, 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 illustrates average Lexus RX 350 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $882
• Choosing higher $1,000 deductibles can save about $1,340 each year
• The estimated price for a 40-year-old driver using $500 deductibles is $1,530
• Using low $100 deductibles for comp and collision coverage bumps up the cost to $1,902
• Higher-risk drivers who are prone to accidents and violations could pay at least $3,324
• The cost that insures a 16-year-old driver can be $5,842 each year

Car insurance rates for a Lexus RX 350 can also vary considerably based on the trim level of your RX 350, your age and driving record, and deductibles and policy limits.

If you like to drive fast or you caused an accident, you are probably paying at least $1,800 to $2,500 extra per year, depending on your age. A high-risk auto insurance policy ranges from 43% to 131% more than a normal policy. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,400 annually on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will be charged as much as $5,800 a year. View Rates by Age

Where you live plays a big part in determining prices for Lexus RX 350 insurance prices. A good driver about age 40 could pay as low as $1,000 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $2,070 on average in Michigan, New York, and Florida.

Using high physical damage deductibles can save as much as $570 annually, while buying higher liability limits will increase rates. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $459 extra every 12 months. View Rates by Deductible or Liability Limit

Insurance Rates by Trim Level and Model Year

Rates assume 2020 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 Cheap Lexus RX 350 Insurance

Saving money on insurance for a Lexus RX 350 takes having a decent driving record, having a positive credit history, avoid buying unnecessary coverage, and consideration of higher deductibles. Compare prices at every policy renewal by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The following items are a quick review of the data illustrated above.

• Insureds who may need additional liability coverage will pay an extra $560 annually to raise limits from a minimum limit to the 250/500 level
• It is possible to save up to $180 per year just by quoting early and online
• Increasing deductibles can save approximately $550 each year
• 16 to 18-year-old drivers are the costliest to insure, costing up to $487 per month if full coverage is purchased