Lexus RX 350 Insurance Rates

Estimated insurance rates for a Lexus RX 350 are $1,530 a year for full coverage insurance. Comprehensive costs on average $292, collision costs $548, and liability coverage is $510. Liability-only coverage costs around $568 a year, with high-risk coverage costing around $3,324. 16-year-old drivers pay the most at $5,842 a year or more.

Average premium for full coverage: $1,530

Premium estimates by type of coverage:

These estimates include $500 comprehensive and collision deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 states and for all RX 350 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on insurance rates. Rural areas are statistically proven to have a lower frequency of physical damage claims than congested cities.

The example below illustrates how location impacts car insurance rates.

These rate differences illustrate why everyone should compare rates quotes based on a specific location and risk profile, rather than using rate averages.

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

Detailed Rate Analysis

The chart below illustrates estimated Lexus RX 350 insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $882
• Raising to $1,000 deductibles will save around $190 each year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,530
• Buying pricier low deductibles will increase the cost to $1,902
• Unlucky drivers with multiple tickets or accidents could pay upwards of $3,324 or more
• An auto insurance policy for full coverage for a teenage driver for full coverage may cost $5,842

Insurance prices for a Lexus RX 350 also have a wide range based on your driving characteristics, the model year and trim level, and policy deductibles and limits.

A more mature driver with a clean driving record and high deductibles may only pay around $1,400 every 12 months on average, or $117 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers can expect to pay upwards of $5,800 a year. View Rates by Age

Where you choose to live also has a big influence on Lexus RX 350 insurance rates. A middle-age driver might find prices as low as $1,000 a year in states like Vermont, Wisconsin, and North Carolina, or at least $2,070 on average in Michigan, New York, and Florida.

Opting for high physical damage deductibles can reduce prices by up to $570 a year, whereas buying more liability protection will cost you more. Switching from a 50/100 limit to a 250/500 limit will cost up to $459 more per year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying at a minimum $1,800 to $2,500 extra annually, depending on your age. Lexus RX 350 insurance for high-risk drivers is expensive and can cost around 43% to 131% more than the average rate. View High Risk Driver Rates

With such a large range in prices, the only way to figure out exactly what you will pay is to regularly compare prices and see how they stack up. Every auto insurance company utilizes a different rate formula, so the prices will be substantially different 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 Cheap Lexus RX 350 Insurance

Finding better rates on auto insurance consists of avoiding accidents and violations, maintaining good credit, paying for small claims out-of-pocket, and bundling your home and auto policies. Spend time shopping around once a year by requesting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The list below is a brief summary of the data that was touched on above.

• It is possible to save as much as $180 per year simply by quoting online well ahead of the renewal date
• Consumers who require higher liability limits will pay around $560 annually to raise from 30/60 bodily injury limits to 250/500 limits
• Teenagers pay the highest prices, with premiums being up to $487 per month for full coverage
• Drivers that tend to have accidents or serious violations pay an average of $1,790 more each year for car insurance