Lexus RX 350 Insurance Rates

The average insurance prices for a Lexus RX 350 are $1,576 every 12 months for full coverage insurance. Comprehensive costs an estimated $304 each year, collision insurance costs $592, and liability insurance costs around $500. Liability-only coverage costs as low as $560 a year, and high-risk coverage costs around $3,424. 16-year-old drivers cost the most to insure at up to $5,980 a year.

Average premium for full coverage: $1,576

Policy rates broken down by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than congested cities. The graphic below illustrates how geographic area affects insurance prices.

The examples above illustrate why all drivers should compare prices for a targeted area and their own driving history, rather than relying on rate averages.

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

More Rate Information

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

• The best full coverage rate is $904
• Using higher $1,000 deductibles will save approximately $204 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,576
• Buying low deductibles for physical damage coverage increases the price to $1,972
• Drivers with multiple tickets or accidents could pay up to $3,424
• Policy cost to insure a teen driver can cost as much as $5,980 or more

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

Opting for high physical damage deductibles could cut rates by as much as $600 each year, whereas increasing liability limits will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $450 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles could pay as little as $1,500 a year, or $125 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay at least $5,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying $1,900 to $2,600 additional every year, depending on your age. Insurance for high-risk drivers can be anywhere from 43% to 135% more than the average rate. View High Risk Driver Rates

Your home state has a huge impact on Lexus RX 350 insurance rates. A driver around age 40 might see rates as low as $1,030 a year in states like North Carolina, Wisconsin, and Vermont, or at least $2,120 on average in Florida, New York, and Michigan.

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 Shop for Low Cost Lexus RX 350 Insurance

Finding cheaper rates on Lexus RX 350 insurance requires being a low-risk driver, having above-average credit, being claim-free, and possibly raising deductibles. Invest the time to compare rates at every policy renewal by getting quotes from direct insurance companies, and also from insurance agencies where you live.

The items below are a review of the data presented in the illustrations above.

• Drivers who want more liability coverage will pay around $550 annually to increase from a 30/60 limit to a 250/500 level
• It is possible to save approximately $190 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $600 each year
• Teen drivers are expensive to insure, possibly costing $498 each month if full coverage is included