Key Takeaways
When it comes to Lexus car insurance, we tend to equate it to luxury car insurance. Yes, Lexus can be expensive to maintain, but is the Lexus RX 350 expensive to insure? How much does it cost to insure a Lexus RX 350? Which are the cheapest car insurance companies that you can opt for Lexus RX 35 car insurance?
The Lexus RX 350 is a luxury SUV that currently comes in trim levels like the RX, RX hybrid, and RX Plug-in Hybrid. The car insurance cost for this mid-size luxury SUV is based on multiple factors like the model year, safety features of the car, driving record of the owner, and other non-driving factors like age, marital status, and gender of the driver, to name a few. While the rates can vary based on these factors, the average car insurance cost for a Lexus RX 350 is $1,788 per year.
The average annual insurance cost for a 2017 Lexus RX 350 is $1,324. From our research, the cheapest insurance company for this model year of Lexus RX 350 is Erie. The monthly minimum premium for this model ranges between $71 and $115.
| Company | Average Annual Cost |
|---|---|
| Erie | $854 |
| Texas Farm Bureau | $929 |
| Tennessee Farmers | $967 |
| Vermont Mutual | $1,190 |
| USAA | $1,198 |
| Acuity | $1,240 |
| Plymouth Rock Insurance | $1,245 |
| Country | $1,307 |
| Arbella | $1,371 |
| Nationwide | $1,379 |
| Mercury | $1,381 |
The average annual insurance cost for the 2016 Lexus RX 350 model year is $1,263. The insurance rate offered by Erie is $793, which is an affordable rate when compared to the average annual rate.
| Company | Average Annual Cost |
|---|---|
| Erie | $793 |
| Texas Farm Bureau | $907 |
| Tennessee Farmers | $939 |
| Vermont Mutual | $1,101 |
| USAA | $1,142 |
| Acuity | $1,175 |
| Plymouth Rock Insurance | $1,206 |
| Country | $1,219 |
| Progressive | $1,240 |
| Arbella | $1,284 |
| Nationwide | $1,310 |
The average monthly insurance cost of the Lexus RX 350 2015 model year ranges between $59 and $98 per month. While the average annual premium for the model year is $1,156, the cheapest insurance company offering the best rate for the car model is Erie at $706 per year.
| Company | Average Annual Cost |
|---|---|
| Erie | $706 |
| Texas Farm Bureau | $867 |
| Tennessee Farmers | $985 |
| USAA | $994 |
| Vermont Mutual | $1,026 |
| Acuity | $1,118 |
| Nationwide | $1,126 |
| Progressive | $1,146 |
| Plymouth Rock Insurance | $1,163 |
| Country | $1,168 |
| State Farm | $1,175 |
The 2014 Lexus RX 350 model year's cheapest insurance rate is $738, offered by Erie. The average rate for the model year is $1,180 annually. At $1,306 per year, Progressive is one of the most expensive providers.
| Company | Average Annual Cost |
|---|---|
| Erie | $738 |
| Texas Farm Bureau | $840 |
| Tennessee Farmers | $971 |
| Vermont Mutual | $975 |
| USAA | $990 |
| Acuity | $1,083 |
| Plymouth Rock Insurance | $1,145 |
| Country | $1,167 |
| Arbella | $1,207 |
| Nationwide | $1,255 |
| Progressive | $1,306 |
Erie, Texas Farm Bureau, and Vermont Mutual offer the cheapest insurance rates for the 2013 Lexus RX 350. The average insurance rate offered by the insurer is $1,114.
| Company | Average Annual Cost |
|---|---|
| Erie | $737 |
| Texas Farm Bureau | $802 |
| Vermont Mutual | $902 |
| Tennessee Farmers | $918 |
| USAA | $987 |
| Acuity | $1,024 |
| Plymouth Rock Insurance | $1,113 |
| Country | $1,117 |
| Arbella | $1,121 |
| Nationwide | $1,280 |
| American Family | $1,285 |
The cheapest insurance company offering the best rates for the 2012 Lexus RX 350 model year is Erie. The average annual premium for the car model year is $1,109. Here are some of the car insurance providers and the annual average premium offered by each of them for the 2012 model year.
| Company | Average Annual Cost |
|---|---|
| Erie | $679 |
| Texas Farm Bureau | $825 |
| Vermont Mutual | $879 |
| USAA | $915 |
| Tennessee Farmers | $925 |
| Acuity | $972 |
| Plymouth Rock Insurance | $1,083 |
| State Farm | $1,093 |
| Country | $1,096 |
| Arbella | $1,121 |
| Progressive | $1,140 |
The annual insurance cost of the 2011 Lexus RX 350 model year is $1,110, on average. The lowest average annual cost to insure the car model year is $681, offered by Erie. At $1,146 per year, Nationwide is the most expensive provider.
| Cheapest Insurance Companies | Average Annual Cost |
|---|---|
| Erie | $681 |
| Texas Farm Bureau | $768 |
| Vermont Mutual | $789 |
| Tennessee Farmers | $870 |
| USAA | $886 |
| Arbella | $977 |
| Country | $1,019 |
| Acuity | $1,041 |
| American Family | $1,064 |
| Plymouth Rock Insurance | $1,071 |
| Nationwide | $1,146 |
The Lexus RX350 car insurance rates are influenced by each trim level's safety features and specifications. The unique safety features of this model not only guarantee safety but also lower insurance costs. The following are the most important safety features of the Lexus RX 350.
You can use a few strategies to cut costs on the insurance for your Lexus RX 350. First, you may get a jump start on finding an affordable choice for you by shopping around for insurance quotes from other providers. This will offer you the opportunity to compare prices.
Compare and Purchase: Thorough online research can help you choose the best insurance provider that suits your needs. Since providers consider different criteria for calculating Lexus RX 350 insurance rates, it is important to finalize the provider based on your requirements.
Look for Discounts: Always look for discounts when you are purchasing insurance. Most providers give multipolicy, telematics, good driver, and bundling discounts. It can make a huge difference in the Lexus RX 350 insurance rates. Different providers also offer pay-in-full discounts.
Make Use of Student Discounts: You can reduce the cost of your vehicle insurance premiums by utilizing good student discounts and bundling your policies, even if the rates for teen drivers are higher than average. In addition, you can link your policy with that of your parents, which would significantly reduce your monthly Lexus RX 350 car insurance rates.
Increase your Deductible: Higher deductibles reduce accident claims and auto insurance prices. But you must compare deductibles to see if a lower deductible saves money, then choose one that fits your budget and needs.
Improve your Credit Score: If you are looking for cheap Lexus RX350 insurance quotes, better rates can be obtained by improving and maintaining your credit score. Low credit scores cost more in insurance in those states, where the score is a parameter to calculate insurance prices.
To find the best Lexus RX 350 car insurance rates, go through the steps mentioned below:
Compare quotes: Compare quotes from multiple insurers to get the best insights about the rates for each coverage and other particulars. Either receive quotes from the insurers separately or use super apps such as Way to find the best and the cheapest Lexus RX 350 auto insurance company.
Customize coverage: While searching for the cheap Lexus RX 350 insurance rates, decide upon the required coverage limits. It is best to avoid comprehensive or collision coverage if the vehicle is older and not under refinance. The rise in annual mileage increases the risk; therefore, such drivers are advised to cut the coverage.
Use safety discounts: Selected insurers offer discounts based on the advanced safety features present in your Lexus RX 350.
Ask for hybrid/eco discounts: Get the best-discounted rate for your Lexus RX 350 hybrid trims from insurers who offer green discounts.
You must gather as much information as possible before settling on an insurance provider. Doing your research by analyzing the quotes for your Lexus RX 350 after obtaining them online will reward you with better coverage at a lower price.
Way.com gives you a head start by researching the finest vehicle insurance providers in the country based on variables that will influence the experience, financial strength, customer service, protection, and pricing of your insurance coverage.
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
Way.com’s Insurance Broker Quote Data
On average, insurance for a Lexus RX 350 costs $1,788 a year, or about $149 a month.
When average rates are compared for the most popular midsize luxury SUVs, the Lexus RX 350 is cheaper to insure than most models in a similar range like the BMW X5, Acura MDX, or the Cadillac XT5.
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