Lexus RX 350 Insurance Rates

The average insurance rates for a Lexus RX 350 are $1,576 a year including full coverage. Comprehensive costs an estimated $304, collision costs $592, and liability coverage is $500. A liability-only policy costs around $560 a year, with high-risk insurance costing around $3,424. 16-year-old drivers cost the most to insure at $5,980 a year or more.

Average premium for full coverage: $1,576

Policy rates broken down by type of insurance:

Estimates include $500 policy deductibles, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for different RX 350 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of auto insurance. More rural locations are shown to have a lower frequency of comprehensive and collision claims than congested cities.

The price range example below illustrates how where you live affects insurance prices.

The examples above highlight why anyone shopping for car insurance should compare rates quotes for a targeted area and risk profile, rather than using rate averages.

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

Additional Rate Analysis

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

• The best full coverage rate is $904
• Raising to $1,000 deductibles will save approximately $204 every year
• The average rate for a good driver age 40 who has $500 deductibles is $1,576
• Buying more expensive low deductibles will increase the cost to $1,972
• Unlucky drivers with multiple tickets or accidents could pay up to $3,424 or more
• Policy cost for full coverage for a teenage driver with full coverage can cost as much as $5,980

Car 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.

An older driver with no driving violations and high deductibles may only pay around $1,500 every 12 months on average, or $125 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged at least $5,900 a year. View Rates by Age

Your home state also has a big influence on Lexus RX 350 insurance rates. A middle-age driver might find rates as low as $1,210 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,250 on average in Louisiana, New York, and Michigan.

Opting for high physical damage deductibles can reduce rates by up to $600 a year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $450 extra every 12 months. 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 $1,900 to $2,600 extra every year, depending on your age. High-risk driver insurance is expensive and can cost around 43% to 135% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to compare rates and see how they stack up. Every auto insurance company utilizes a different rate formula, so rate quotes 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 Low Cost Lexus RX 350 Insurance

Finding cheaper rates on auto insurance consists of being a good driver, having above-average credit, paying for small claims out-of-pocket, and not having any coverage lapses. Take the time to comparison shop at every other renewal by getting rate quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following list is a review of the concepts that were touched on in the above illustrations.

• Drivers who have several accidents or serious violations may pay on average $1,850 more annually than a safer driver
• Drivers age 16 to 20 have the highest car insurance rates, with premiums being up to $498 each month if full coverage is included
• You may be able to save approximately $190 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save around $600 each year
• You may be able to save approximately $190 per year simply by shopping early and online