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Key Takeaways

  • The cost of Lexus insurance varies depending on the driver's age. Younger drivers are more expensive to insure because they lack driving expertise and are more likely to cause an accident. However, by the time they reach the age of 25, that probability and the premiums have substantially decreased. Until the age of 60, insurance costs continue to decrease as a function of age.
  • Depending on where you reside, Lexus car insurance can cost much or much less. For example, Michigan's rates are higher because the state mandates substantially higher levels of coverage. Providers cannot alter rates based on credit in California, Hawaii, or Massachusetts.
  • These estimates also don't account for any possible multi-vehicle

Introduction

When determining the cost of auto insurance, insurance companies consider, among other things, a car's safety ratings, the likelihood of being stolen, and replacement or repair costs.

Good safety ratings and thieves not commonly targeting Lexus cars contribute to lower insurance costs. However, because a Lexus is a luxury car with a higher price tag, your insurance premium will be higher than with a less expensive vehicle.

Compare insurance providers to find the most affordable option.

The History of Lexus

oyota's luxury brand, Lexus, has its headquarters in Nagoya, Japan, and is the country's largest premium car manufacturer.

Compact luxury SUVs like RX 350, RX 350 F Sport, and RX 450hL Hybrid are among the most popular Lexus models. In addition, the NX 300, the NX 300 F Sport, and the NX 300h Hybrid are all part of the NX series.

In addition to the LC, Lexus offers the RC F with the Carbon Package or Fuji Speedway Edition and the RC F with the Carbon Package.

GX 460 in base, Premium, and Luxury trim levels; LX 570 in two- and three-row configurations; Inspiration trim levels; the GX and LX are Lexus' larger SUVs. The question of how much insurance will cost for your Lexus arises when you have various cars.

Lexus Current Market Stats

Lexus generated worldwide revenue of $19.3 billion in 2020, while the total market revenue was $1.6 trillion. In 2020, the largest segment of passenger cars, Large SUVs, accounted for 53 percent of Lexus's revenue.

Where can I find cheap Lexus Insurance?

To put it simply, insurance premiums for a Lexus will be higher than those for a Honda or Chevy. But, on the other hand, many Lexus models are among the least expensive to insure.

Starting with our interactive free car insurance quotes is the best way to get an idea of how much you can save. It's possible to see which companies have the most affordable rates by setting a few simple options.

When comparing auto insurance quotes, our readers should consider these suggestions.

Compare Car Insurance Rates

Comparing car insurance quotes is a little like conducting a research experiment. To arrive at a valid conclusion, all variables must be identical. Make sure the coverage limits and deductibles are the same on each price quote you get when comparing quotes.

As a result, you will be able to compare apples-to-apples prices between companies more easily. Get as close to the same values as you can, as not all companies allow this. Regarding deductibles, one company may charge $250, while another may only require $200 upfront. To compare auto insurance rates, those figures are close enough to call.

See what you could save on auto insurance

Check your Coverage Level

Comparing rates with your current policy, if you have one, is made simpler with the help of this tip. In addition, you'll find a "declarations" page in every car insurance policy, which is simply a page that shows how much each coverage is worth.

Liability values like 25/50 or 100/300, as well as deductibles of $250, $500, or even $1,000, are all possibilities. Compare quotes from other companies using these values to make an informed decision about your future insurance needs.

To accurately compare car insurance quotes from different companies, you must use the same values on each quote.

 

Look to avoid add-on coverages

ental reimbursement, GAP coverage, towing, sound system coverage, and a slew of others are all available as add-ons from car insurance companies. When comparing quotes, if you have a current policy that includes optional coverages, make sure to include them.

It's unnecessary to purchase any of these extra protections if you don't already have one. So keep them off for the time being, and you can always add them if the need arises.

The base policy coverages offered by all insurance companies are not identical, but the add-on coverages are. So just stick to the basics if you want to make apples-to-apples comparisons.

How much does Lexus Insurance cost?

For Lexus 2022 models, the average annual insurance premium will be $1824. For a Lexus NX 250, the annual fee is $1512; for a Lexus LC 500, the annual fee is $2502. On average, full coverage car insurance costs between $125 and $208 per month.

Models like the Lexus IS 300, Lexus ES 250, and GX 460 are the most affordable. Using the table below, you can see the average insurance rates for Lexus models.

Model Annual Cost
Lexus CT 200H $1656
Lexus ES 250 $1788
Lexus ES 300h $1893
Lexus ES 350 $1791
Lexus GS 200T $1713
Lexus GS 300 $1722
Lexus GS 350 $1770
Lexus GS 450 $1851
Lexus GS F $2148
Lexus GX 460 $1770
Lexus IS 200T $1569
Lexus IS 250 $1683
Lexus IS 300 $1782
Lexus IS 350 $1896
Lexus IS 500 $2028
Lexus IS F $1452
Lexus LC 500 $2502
Lexus LC 500h $2457
Lexus LS 460 $1959
Lexus LS 500 $2043
Lexus LS 500h $2187
Lexus LS 600H $2199
Lexus LX 570 $2157
Lexus NX 200T $1442
Lexus NX 250 $1512
Lexus NX 300 $1527
Lexus NX 300H $1725
Lexus NX 350 $1548
Lexus NX 350h $1518
Lexus NX 450h $1593
Lexus RC 200T $1563
Lexus RC 300 $1686
Lexus RC 350 $1692
Lexus RC F $2148
Lexus RX 350 $1566
Lexus RX 350L $1623
Lexus RX 450 $1803
Lexus RX 450h $1605
Lexus RX 450hL $1671
Lexus UX 200 $1551
Lexus UX 250h $1521

Lexus Insurance Rates by Model

To get an idea of how much Lexus car insurance costs, it may be helpful to look at the average rates for popular models. We found the Lexus UX to be the most affordable of the cars we tested regarding full-coverage car insurance at $1689. It costs an average of $2229 per year for the same coverage and driver profile to ensure a Lexus GS.

Lexus ES Insurance Rates

The Lexus ES has a lot to offer in terms of safety. Additional safety features, such as a blind-spot monitor and auto-leveling headlights, may qualify you for lower insurance rates. The safety features you get depend on the trim level you choose. The full-coverage premium for this high-end midsize sedan is higher than the national average.

Lexus ES car insurance Average annual premium
Minimum coverage $492
Full coverage $2019

Lexus GX Insurance Rates

As a luxury midsize sedan, the Lexus GS has a higher insurance premium than most other cars. Daytime running lights, blind-spot detection, lane departure warnings, and lane departure prevention are standard safety features. Using any of these can help you get a discount on your car insurance premiums.

Lexus GX car insurance Average annual premium
Minimum coverage $498
Full coverage $2229

Lexus IS Insurance Rates

A brand-new Lexus IS's annual insurance premium is $3627. Even though it's 22% less expensive than the average Lexus sedan, the ES sedan is still the cheapest to insure. In addition, larger cars are more likely to offer greater protection to their occupants in the event of a collision, which lowers their insurance rates.

Lexus IS car insurance Average annual premium
Minimum coverage $762
Full coverage $3627

Lexus LC Insurance Rates

The Lexus LC coupe is one of the most expensive Lexus models to insure at an average cost of $7011 per year. In terms of performance, the sporty coupe is Lexus' fastest model, clocking in at 4.4 seconds from 0-60 mph. The starting MSRP for this Lexus is $94,125, making it the priciest model available.

Even compared to other Lexus vehicles, the LC is a very expensive vehicle to insure because of these factors and the fact that it is a coupe. As a result of the increased risk of a collision and the cost of a typical claim, drivers of smaller, faster, and more expensive cars pay more for insurance.

Lexus LC car insurance Average annual premium
Minimum coverage $1476
Full coverage $7011

Lexus LS Insurance Rates

A Lexus LS sedan typically costs $5001 a year to insure. The LS is the most expensive sedan when buying and insuring a Lexus. On average, it costs about 46% less to buy an IS or ES sedan and 30% less to insure. Older LS models, on the other hand, tend to have lower insurance rates. The insurance cost for a 2018 LS is $1003 less per year than for a new model.

Lexus LS car insurance Average annual premium
Minimum coverage $1053
Full coverage $5001

Lexus LX Insurance Rates

A Lexus LX insurance policy costs an average of $4419 per year. Though it costs more to insure than the Lexus GX, the luxury full-size SUV is 5% less expensive to insure than all Lexus cars.

Lexus LX car insurance Average annual premium
Minimum coverage $933
Full coverage $4419

Lexus NX Insurance Rates

The Lexus NX SUV is the most affordable Lexus model to insure, costing only $2955 annually. The NX's larger size may explain why its rates are so much lower, even though both are smaller SUVs with affordable MSRPs under $40,000.

Lexus NX car insurance Average annual premium
Minimum coverage $621
Full coverage $2955

Lexus RC Insurance Rates

The RC, Lexus' more affordable coupe, has an annual insurance cost of $3768. That represents a 19% reduction in insurance costs compared to the typical Lexus model.

Insurance premiums for the RC coupe are lower than those for the more powerful LC model. The RC is significantly less expensive, but its engine is also significantly less powerful. Insurance premiums for faster vehicles tend to be higher because of the increased likelihood of being involved in a serious accident.

Lexus RC car insurance Average annual premium
Minimum coverage $828
Full coverage $3768

Lexus RX Insurance Rates

As the most expensive model to insure, the RX luxury SUV costs an average of $7209 per year for full coverage. However, drivers can save a significant amount of money on insurance by opting for an older model of RX.

Lexus LX car insurance Average annual premium
Minimum coverage $1593
Full coverage $7209

Lexus UX Insurance Rates

The 2021 Lexus UX is a 2021 Top Safety Pick. The top trims are rated the strongest, while the lower trims receive poor overall ratings. Other safety features to help you save include standard daytime running lights, blind-spot detection, lane departure warning, and lane departure prevention.

Lexus UX car insurance Average annual premium
Minimum coverage $501
Full coverage $1689

Lexus GS Insurance Rates

The Lexus GS 2020 is expected to cost $3759 per year in insurance premiums. It was discontinued for the 2020 model year, but some dealerships may still have it on hand. The GS is cheaper to insure than a 2020 Lexus on average, but it's still more expensive than a Lexus LS or UX.

Lexus GS car insurance Average annual premium
Minimum coverage $792
Full coverage $3759

Cheapest Car Insurance Companies for Lexus

Using the best car insurance companies for 2021, we can compare Lexus car insurance costs between the various models. We used five major auto insurance providers, including Amica, Erie, State Farm, and USAA, to calculate rates for various Lexus models. As a result, our list of the largest auto insurance companies based on market share has an average rate.

Car Insurance Company Lexus ES Lexus GS Lexus GX Lexus UX
Amica $1458 $1662 $1350 $1380
Erie $1347 $1710 $1422 $1476
State Farm $1728 $1929 $1635 $1437
USAA $1467 $1434 $1419 $1179

Full coverage vs. Minimum coverage for your Lexus

The majority of states have minimum insurance requirements that must be completed before a motorist may get behind the wheel. Your Lexus insurance premium will be determined by the coverage you choose.

Minimum Coverage:

Coverage type Protection offered
Bodily injury liability (per person and accident) Pays for the costs associated with the injuries you’ve caused to others
Property damage liability (per accident) Pays for the costs associated with the damage you cause to other people’s cars or property
Uninsured motorist protection (per person and per accident) Applies when a car accident isn’t your fault but the at-fault driver doesn’t have liability insurance to pay for your injuries or property damage

Full coverage:

Personal injury protection (PIP), which helps pay for medical bills and is especially useful if you reside in a  no-fault state, may be required by your state. If you can afford it, it's usually a good idea to have more coverage than the bare minimum. Even a minor collision can result in thousands of dollars in property damage and medical bills.

If you're at fault but don't have enough insurance, you'll be responsible for covering the bills yourself. If you're leasing or financing a Lexus, you may be obliged to obtain full-coverage insurance.

Coverage type Protection offered
Collision coverage Covers the costs associated with collisions with another vehicle or object
Comprehensive coverage Covers costs of damages from an event other than a collision, like a weather event, theft, or vandalism.

Is Lexus Car Insurance expensive?

Lexus insurance costs more than non-luxury models, at $1827 per year, but it does better than Audi, Infiniti, and Mercedes Benz. The annual Premium for a Lexus is $270 higher than the $1557 national average for all vehicles in the United States.

Acura and Infiniti are two of Lexus' main rivals in the luxury car market. Acura and Infiniti have cheaper insurance than Lexus, but Lexus insurance is $54 more expensive.

Lexus Car Insurance Cost vs. Popular Automotive Brands

Our data shows Lexus insurance rates are neither the most nor the least expensive. Audi, BMW, Infiniti, and Mercedes-Benz have lower average rates; however, Acura, Cadillac, and Volvo all have higher average rates.

The table below compares Lexus insurance rates to a wide range of other automakers, including Ford, Chevy, Honda, Toyota, and many others.

Brand Insurance Cost
Lexus $1827
Acura $1767
Audi $2082
BMW $2109
Cadillac $1662
Chevrolet $1548
Dodge $2019
Ford $1545
Genesis $1836
GMC $1647
Honda $1467
Hyundai $1539
Infiniti $1932
Jaguar $1962
Jeep $1683
Kia $1518
Land Rover $1881
Lincoln $1716
Mazda $1410
Mercedes-Benz $2124
Mitsubishi $1623
Nissan $1620
Subaru $1461
Tesla $1971
Toyota $1551
Volkswagen $1491
Volvo $1662

What is the cheapest Lexus insurance?

NX 250 is the cheapest to insure Lexus model for 2022 models, costing $1512 per year. The Lexus NX 350h comes in second place, costing an annual lease payment of $1518. There are three Lexus UX models in the top five most affordable to insure: the UX 250h, NX 350, and UX 200.

The cheapest models' annual and monthly costs are listed below:

  • Lexus NX 250 – $1512 annual premium
  • Lexus NX 350h – $1518 annual premium
  • Lexus UX 250h – $1521 annual premium
  • Lexus NX 350 – $1548 annual premium
  • Lexus UX 200 – $1551 annual premium

Lexus Car Insurance Rates by State

State Good Driver State Good Driver
Alabama $2,515 Montana $2,263
Alaska $2,080 Nebraska $1,913
Arizona $2,352 Nevada $3,155
Arkansas $2,578 New Hampshire $2,195
California $2,871 New Jersey $2,418
Colorado $2,679 New Mexico $2,470
Connecticut $3,423 New York $2,287
Delaware $2,834 North Carolina $1,418
Florida $3,374 North Dakota $1,940
Georgia $2,751 Ohio $1,730
Hawaii $1,099 Oklahoma $2,763
Idaho $1,909 Oregon $2,514
Illinois $1,998 Pennsylvania $2,118
Indiana $2,053 Rhode Island $3,536
Iowa $1,626 South Carolina $2,401
Kansas $2,163 South Dakota $2,154
Kentucky $3,127 Tennessee $2,534
Louisiana $4,014 Texas $2,552
Maine $1,518 Utah $2,170
Maryland $2,456 Vermont $1,671
Massachusetts $1,970 Virginia $1,574
Michigan $4,754 Washington, D.C. $2,084
Minnesota $1,957 West Virginia $2,096
Mississippi $2,362 Wisconsin $2,090
Missouri $2,226 Wyoming $1,951

See what you could save on auto insurance

What impacts your Insurance costs for Lexus

One of the most important factors in determining your car insurance premium is the make and model of your car, which costs an average of $1689 per year. Another factor to consider is the car insurance company you select, with rates varying from one insurance company to the next.

The model you drive: Your insurance prices are heavily influenced by the car model you drive. Most models are available in various trim levels, which are various variants of the same model with varying characteristics. Higher trim levels may result in higher insurance prices.

Insurance Company: Each insurance company has its algorithm for calculating premiums. This implies that different carriers will charge different (and sometimes very different) sums for the same coverage for your Lexus.

Comparison shopping is the most effective technique for finding the best insurance rates. On the other hand, doing it yourself entails hours of research, contacting for estimates, filling out paperwork, and going over policy specifics.

This is where Way.com comes into play. Way.com obtains your information from your previous insurer at sign-up, so you don't have to fill out any long papers or make phone calls. Way.com will get your new policy, cancel the old one, and keep you up to date on the cheapest costs every time your insurance is due for renewal. With Way.com, you'll get all of the benefits of comparison shopping without any drawbacks.

Age: When determining premiums, insurers consider the driver's age. Younger drivers will pay more for insurance than older drivers since inexperienced drivers are deemed high-risk. In addition, insurers will hike premiums due to the increased chance of young drivers filing claims.

Driver History: Having a spotless driving record can significantly determine the cost of insurance. Accidents raise your risk level and rates, but so do traffic offenses.

A small infraction, such as a speeding citation, should not significantly influence your premiums. However, your insurance price will skyrocket if you commit multiple crimes or serious violations. On the other hand, if you improve your driving practices and keep a clean driving record, your Lexus insurance premiums will likely decrease.

Location of residence: The cost of your insurance will vary based on where you live. For example, accident, crime, and natural catastrophe risks vary by location. Thus premiums might range even within the same state or county.

It all comes down to risk for your insurance company. For example, you should anticipate spending extra for your policy if your city has a lot of car thefts, wrecks, or extreme weather events. This is because insurance companies must account for increased risk in your location.

Several other factors influence Lexus insurance premiums:

Crash rate stats per make/model: Lexus has excellent safety features, as evidenced by the statistics for each model's crash rate.

Cost of Parts: As a luxury brand, Lexus cars may come equipped with expensive parts, raising the overall cost of ownership and, therefore, the cost of auto insurance.

Safety Features: New safety features include left-turn pedestrian detection and smart curve technology for cruise control in Lexus's new Lexus Safety System+ 2.5 on all 2020 or newer models. Blind-spot detection is also available on Lexus cars.

Trim Effect: The trim level you select can significantly impact your Lexus insurance costs, as we saw with the Lexus UX. If you're looking for a car with many features, you may want to go with a higher trim level.

Other Car Insurance coverage for Lexus

With every new car purchase, reviewing your car insurance options is critical, whether you're staying with your current provider or switching to another one.

Comprehensive and collision coverage are optional types of coverage you may need if your vehicle is financed or leased, in addition to the types required by your state. When protecting your Lexus, even if it's paid in full, you might consider these coverage options.

Consider purchasing additional insurance policies if you want a new Lexus. Consider your specific situation when deciding which insurance options would be most beneficial to you.

The following additional types of protection are also available:

  • GAP Insurance: Your new car's value and the loan balance is covered by gap insurance if it's totaled in a covered accident. You may be required to purchase gap insurance if renting from a particular landlord.
  • Roadside Assistance: Towing, tire changing, and fuel delivery are all included in the policy's roadside assistance benefits if you ever find yourself stranded on the side of the road. However, it does not cover the price of a new set of tires or fuel.
  • New Car Replacement: If your car is totaled, new car replacement coverage will pay for a new car.
  • Rental Car Insurance: You'll be covered for the cost of a rental car if your car is in the shop for repairs covered by your insurance policy.

How to get Lexus Insurance with Way.com

The Way.com app can assist you in purchasing car insurance regardless of where you reside, what Lexus model you drive, or your personal driving history.

Way.com collects low-cost rates, assists you in switching plans, and even cancels your old policy on your behalf. You'll also be presented with new competitive quotations before each policy renewal period, ensuring you always have the best coverage at the best price.

We can assist you in locating many reputable firms with which obtaining price quotes seems like an impossible task. However, when it comes to finding the best car insurance deals available, we've made it simple for you to do so. Just fill out a few simple questions to get a list of companies tailored to your needs.

Auto Insurance Data Methodology

The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.

Quotes are typically based on a full coverage policy average unless otherwise noted within the content.

These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com

FAQ

How much does it cost to insure a Lexus ES 350?

The annual insurance premium of insuring Lexus ES 350 will come up to $1791

Are Lexus RX 350 expensive to insure?

The annual cost of auto insurance for a Lexus RX 350 is approximately $1566. This is $348 more than the national average for luxury SUV models.

Is a Lexus high maintenance?

Because Lexus is Toyota's luxury division, maintenance and repairs are inexpensive. Lexus owners pay an average of $561 per year on maintenance and repairs, with expenses rising as the cars age.

Which Lexus is the cheapest insurance?

NX 250 is the cheapest to insure Lexus model for 2022 models, costing $1512 per year. The Lexus NX 350h comes in second place, costing an annual lease payment of $1518. There are three Lexus UX models in the top five most affordable to insure: the UX 250h, NX 350, and UX 200.

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