Lexus RX 350 Insurance Rates

The average insurance rates for a Lexus RX 350 are $1,530 a year including full coverage. Comprehensive insurance costs an estimated $292 a year, collision costs $548, and liability costs $510. Liability-only insurance costs as little as $568 a year, with high-risk driver insurance costing $3,324 or more. Teenage drivers cost the most to insure at $5,842 a year or more.

Average premium for full coverage: $1,530

Policy rates broken down by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of auto insurance. More rural locations are shown to have a lower frequency of comprehensive and collision claims than densely populated cities.

The diagram below illustrates how location impacts insurance prices.

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

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

Detailed Rate Analysis

The chart below breaks down estimated Lexus RX 350 insurance rates for other coverage scenarios.

• The best discount rate is $882
• Drivers who choose higher $1,000 deductibles will pay approximately $1,340 every year
• The average rate for a good driver age 40 who has $500 deductibles is $1,530
• Using low $100 deductibles for comprehensive and collision insurance will cost an extra $372 annually
• Drivers who are prone to accidents and violations could pay up to $3,324 or more
• Policy cost for full coverage for a 16-year-old driver can cost as much as $5,842 a year

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

Older drivers with a good driving record and high deductibles may pay as low as $1,400 per year on average, or $117 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay at least $5,800 a year. View Rates by Age

Your home state makes a big difference in Lexus RX 350 insurance prices. A 40-year-old driver could pay as low as $1,170 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $2,180 on average in Louisiana, New York, and Michigan.

Using high physical damage deductibles could save up to $570 annually, while buying higher liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $459 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 $1,800 to $2,500 in extra premium every year, depending on your age. A high-risk auto insurance policy can cost from 43% to 131% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to get quotes from multiple companies. Every company uses a different method to calculate rates, and quoted rates will be varied from one company to the next.

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

Finding cheaper rates on insurance for a Lexus RX 350 not only requires being safe and accident-free, but also having good credit, paying for small claims out-of-pocket, and qualifying for all possible discounts. Spend time shopping around at every policy renewal by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

Below you'll find a quick review of the data touched on above.

• Insureds who want more liability protection will pay an extra $560 per year to go from a 30/60 limit to 250/500 limits
• You may be able to save approximately $180 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save around $550 each year
• Youthful drivers are the costliest to insure, with premiums being up to $487 each month if they have full coverage