Lexus Car Insurance: How Much Is Lexus Insurance? 2024
On average, insuring a Lexus costs $266 per month, adding up to about $3,191 a year.
We’ve saved shoppers an average of $600 per year on their car insurance.
Lexus, established in 1989 as Toyota’s luxury vehicle division, is renowned for crafting premium, reliable, and performance-driven automobiles. The cost of insuring a Lexus varies based on several factors. Your age, driving history, and where you live all affect your car insurance premium.
Insurance companies use this information to evaluate the risk of covering your Lexus. The average cost to insure a Lexus is $3,191 per year.
How Much Does Lexus Insurance Cost?
The average cost to insure a Lexus is $266 per month, amounting to approximately $3,191 annually. However, your actual insurance premium will depend on factors such as your age, location, driving record, and the specific Lexus model you own.
Average Lexus Insurance Cost By Model
A key factor in determining your car insurance rate is the model that you drive. According to our analysis, the average cost of insuring a Lexus, across all models, is $3,191 per year.
The Lexus RX is the cheapest model to insure, at $2,478 per year. On the other hand, the Lexus RC F is the most expensive, at an average of $4,957 per year.
Use the table below to compare insurance rates for Lexus models.
| Lexus Model | Average Yearly Insurance Cost |
| Lexus ES | $2,908 |
| Lexus IS | $3,119 |
| Lexus LX | $3,704 |
| Lexus NX | $2,558 |
| Lexus RC F | $4,957 |
| Lexus RX | $2,478 |
| Lexus GX | $2,613 |
Keep in mind that these numbers are just averages. Your actual cost can change based on where you live, your age, your driving history, and the type of coverage you select.
Are Lexus Expensive To Insure?
The national average car insurance cost is $156 per month, while insuring a Lexus averages $266 per month across all models—a significantly higher amount. However, insurance rates are generally determined by the specific car model rather than the brand, so it’s important to review rates tailored to your vehicle.
Lexus ES Insurance Cost
The average cost of insuring a Lexus ES across all model years, is $2,421 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Lexus ES | $6,907 |
| 2023 Lexus ES | $1,608 |
| 2022 Lexus ES | $1,602 |
| 2021 Lexus ES | $969 |
| 2020 Lexus ES | $1,021 |
Lexus IS Insurance Cost
The average cost of insuring a Lexus IS across all model years, is $1,686 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Lexus IS | $2,572 |
| 2023 Lexus IS | $1,808 |
| 2022 Lexus IS | $1,460 |
| 2021 Lexus IS | $1,196 |
| 2020 Lexus IS | $1,395 |
Lexus LX Insurance Cost
The average cost of insuring a Lexus LX across all model years, is $2,629 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2023 Lexus LX | $4,678 |
| 2022 Lexus LX | $2,344 |
| 2021 Lexus LX | $1,403 |
| 2020 Lexus LX | $3,008 |
| 2019 Lexus LX | $1,712 |
Lexus NX Insurance Cost
The average cost of insuring a Lexus NX across all model years, is $1,069 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Lexus NX | $1,121 |
| 2023 Lexus NX | $1,271 |
| 2022 Lexus NX | $1,078 |
| 2021 Lexus NX | $951 |
| 2020 Lexus NX | $926 |
Lexus RC F Insurance Cost
The average cost of insuring a Lexus RC F across all model years, is $2,942 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2022 Lexus RC F | $3,257 |
| 2021 Lexus RC F | $3,374 |
| 2020 Lexus RC F | $2,279 |
| 2019 Lexus RC F | $2,857 |
Lexus RX Insurance Cost
The average cost of insuring a Lexus RX across all model years, is $1,148 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2024 Lexus RX | $1,951 |
| 2023 Lexus RX | $1,062 |
| 2022 Lexus RX | $971 |
| 2021 Lexus RX | $921 |
| 2020 Lexus RX | $834 |
Lexus GX Insurance Cost
The average cost of insuring a Lexus GX across all model years, is $1,588 per year. Use the table below to compare rates for different model years.
| Model Year | Average Yearly Premium |
| 2023 Lexus GX | $1,975 |
| 2022 Lexus GX | $1,469 |
| 2021 Lexus GX | $1,545 |
| 2020 Lexus GX | $1,361 |
| 2019 Lexus GX | $1,590 |
Cheapest Car Insurance Companies For Lexus
The cost of your Lexus car insurance policy will depend on the company that you choose. State Farm offers the cheapest rates for insuring a Lexus, at $2,471 per year.
Use the table below to compare cheap full-coverage rates for a Lexus.
| Company | Average Annual Premium |
| State Farm | $2,471 |
| Progressive | $4,083 |
| USAA | $2,845 |
| Allstate | $10,179 |
| GEICO | $3,841 |
Lexus Car Insurance Cost – By Driver Age
The rates you pay to insure a Lexus will differ dramatically based on driver age. Younger drivers tend to pay a lot more for car insurance because, statistically, they are much more likely to get into accidents.
As drivers get older, their insurance rates tend to drop until they turn about 60-70. Then their rates increase again.
| Age | Average Annual Rate |
| 17 | $10,467 |
| 18 | $9,742 |
| 19 | $8,611 |
| 20 | $7,511 |
| 21 | $6,291 |
| 22 | $6,136 |
| 23 | $5,372 |
| 24 | $5,097 |
| 25 | $4,395 |
| 30 | $3,424 |
| 35 | $3,214 |
| 40 | $3,089 |
| 45 | $3,004 |
| 55 | $2,753 |
| 65 | $2,867 |
| 75 | $3,631 |
Average Lexus Car Insurance Rates – By Company
| Insurance Provider | Average Monthly Premium |
| State Farm | $208 |
| USAA | $233 |
| GEICO | $320 |
| Progressive | $335 |
| Allstate | $853 |
Average Lexus Car Insurance Rates – By U.S. State
| State | Average Annual Rate |
| Alabama | $3,265 |
| Alaska | $2,711 |
| Arizona | $3,052 |
| Arkansas | $3,347 |
| California | $3,738 |
| Colorado | $3,487 |
| Connecticut | $4,447 |
| Delaware | $3,696 |
| Florida | $4,381 |
| Hawaii | $1,439 |
| Idaho | $2,483 |
| Illinois | $2,601 |
| Indiana | $2,677 |
| Iowa | $2,113 |
| Kansas | $2,805 |
| Kentucky | $4,079 |
| Louisiana | $5,222 |
| Maine | $1,973 |
| Maryland | $3,207 |
| Massachusetts | $2,572 |
| Michigan | $6,193 |
| Minnesota | $2,551 |
| Mississippi | $3,076 |
| Missouri | $2,904 |
| Montana | $2,941 |
| Nebraska | $2,496 |
| Nevada | $4,111 |
| New Hampshire | $2,863 |
| New Jersey | $3,152 |
| New Mexico | $3,219 |
| New York | $2,973 |
| North Carolina | $1,835 |
| North Dakota | $2,518 |
| Ohio | $2,243 |
| Oklahoma | $3,593 |
| Oregon | $3,280 |
| Pennsylvania | $2,754 |
| Rhode Island | $4,595 |
| South Carolina | $3,116 |
| South Dakota | $2,808 |
| Tennessee | $3,293 |
| Texas | $3,327 |
| Utah | $2,833 |
| Vermont | $2,169 |
| Virginia | $2,050 |
| Washington | $2,702 |
| West Virginia | $2,723 |
| Wisconsin | $2,711 |
| Wyoming | $2,536 |
| Georgia | $3,583 |
How To Save Money On Lexus Car Insurance?
Owning a Lexus comes with various costs, and car insurance is one of the largest. However, you can find ways to save on your insurance. Here’s how:
Keep a Clean Driving Record
Insurance companies look at your driving history to set your premium. By avoiding accidents and tickets, you show that you’re a low-risk driver, which can lower your insurance costs.
Bundle Your Policies
Many insurers offer discounts if you combine different types of insurance, like home and auto. This can simplify managing your insurance and save you money on premiums.
Raise Your Deductible
Increasing your deductible—the amount you pay out of pocket before insurance starts covering costs—can lower your premium. Just make sure you can afford the higher deductible if needed.
Add Safety Features
Lexus vehicles already have many safety features, but adding extras like anti-theft devices can reduce your insurance costs by lowering the risk of theft and damage.
Use Available Discounts
Insurance companies often provide discounts for things like being a good student, having a clean driving record, or completing a defensive driving course. Check with your insurer to see which discounts you might qualify for.
Compare Insurance Providers
Insurance rates can vary widely between different companies. It’s important to compare quotes and choose the one that offers the best value for you.
Consider Usage-Based Insurance
If you don’t drive your Lexus often, look into usage-based insurance. This type of policy bases your premium on how much you drive, which can save you money if your Lexus isn’t your primary vehicle.
FAQs
What Is The Most Expensive Lexus Model To Insure?
At $4,957 per year, the Lexus RC F is the most expensive Lexus model for car insurance.
What Is The Cheapest Lexus Model To Insure?
The Lexus RX is the cheapest model for car insurance, at $2,478 per year.
