2024 Lexus GX 550 Car Insurance Calculator

Explore and understand how different factors impact the cost of insurance for a 2024 Lexus GX 550. Experiment with credit rating, policy coverages, liability limits, and coverage deductibles to see the impact on rates. Know immediately how much your choice changes rates and why.

The average estimated car insurance premium for a 2024 Lexus GX 550 is $2,664 per year, or about $222 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,664

Cost Per Month

$222

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Lexus GX 550 Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2024 Lexus GX 550.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,664
Average Rate
Your Rate
$2,664

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2024 Lexus GX 550 trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2024 Lexus GX 550 is $2,664.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2024 Lexus GX 550 Segment Comparison

The table below compares insurance rates for the 2024 Lexus GX 550 against all other models in the midsize luxury SUV segment. The Lexus GX 550 is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Lexus GX 550, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Lexus GX 550.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2024 Lexus GX 550 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Jaguar E-Pace$2,190-$474
2Cadillac XT5$2,210-$454
3Infiniti QX50$2,276-$388
4Cadillac XT6$2,292-$372
5Infiniti QX60$2,304-$360
6Mercedes-Benz AMG GLB35$2,308-$356
7Acura MDX$2,342-$322
8Lexus RX 350$2,350-$314
9Lexus TX 350$2,380-$284
10Lexus RX 350h$2,410-$254
11Lexus TX 500h$2,446-$218
12Lexus RX 500h$2,454-$210
13Lincoln Nautilus$2,472-$192
14Lexus RX 450h$2,476-$188
15Volvo V90$2,496-$168
16Audi SQ5$2,584-$80
17Mercedes-Benz GLE350$2,616-$48
18Lincoln Aviator$2,636-$28
19Lexus GX 550$2,664--
20Volvo V60$2,742$78
21Land Rover Discovery Sport$2,746$82
22Mercedes-Benz GLE450$2,758$94
2024 Midsize Luxury SUV Average$2,782$118
23Cadillac Lyriq$2,784$120
24Volvo EX90$2,806$142
25Audi Q7$2,842$178
26Genesis GV80$2,854$190
27Mercedes-Benz AMG GLC43$2,868$204
28Audi e-tron$2,920$256
29Tesla Model X$2,944$280
30BMW X5$2,992$328
31Audi Q8$3,012$348
32Land Rover Discovery$3,026$362
33Mercedes-Benz AMG GLE53$3,046$382
34Audi SQ7$3,148$484
35BMW iX$3,192$528
36BMW X6$3,272$608
37Land Rover Range Rover Sport$3,410$746
38Audi RS 6$3,482$818
39Porsche Cayenne$3,506$842
40BMW XM$3,844$1,180
41Mercedes-Benz AMG GLE63$3,948$1,284

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2024 GX 550 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 Lexus GX 550.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2024 Lexus GX 550 Insurance Rates by Trim Level
2024 Lexus GX 550 Trim Level Annual Premium Cost Per Month
Premium$2,536$211
Premium+$2,572$214
Overtrail$2,658$222
Overtrail+$2,700$225
Luxury$2,730$228
Luxury+$2,786$232

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2024 Lexus GX 550 for different driver ages.

2024 Lexus GX 550 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,372$781
17$9,102$759
18$8,200$683
19$7,459$622
20$5,731$478
21$5,471$456
22$4,910$409
23$4,024$335
24$3,808$317
25$3,094$258
30$2,844$237
35$2,734$228
40$2,664$222
45$2,486$207
50$2,354$196
55$2,196$183
60$2,202$184
65$2,344$195
70$2,522$210
75$2,954$246
80$3,630$303

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Lexus GX 550 trim levels.