2023 Lexus IS 500 Car Insurance Calculator

See and learn how changing risk factors affect car insurance rates for a 2023 Lexus IS 500. Adjust rate factors like annual miles driven, vehicle usage, and gender of the driver to see how insurance cost is affected. Know immediately whether your selection increases or decreases your premium.

The average estimated car insurance premium for a 2023 Lexus IS 500 is $2,858 per year, or about $238 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

$2,858

Cost Per Month

$238

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 IS 500 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 2023 Lexus IS 500.

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.

$2,858
Average Rate
Your Rate
$2,858

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 2023 Lexus IS 500 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 2023 Lexus IS 500 is $2,858.

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.

2023 Lexus IS 500 Segment Comparison

The table below compares insurance rates for the 2023 Lexus IS 500 against all other models in the midsize luxury car segment. The Lexus IS 500 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 IS 500, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Lexus IS 500.

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

2023 Lexus IS 500 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Cadillac CT5$2,450-$408
2Lexus ES 350$2,460-$398
3Lexus ES 250$2,472-$386
4Lexus RC 300$2,482-$376
5Mercedes-Benz AMG CLA35$2,488-$370
6Audi A3$2,492-$366
7Mercedes-Benz AMG CLA45$2,546-$312
8Mercedes-Benz CLA250$2,554-$304
9Lexus IS 300$2,568-$290
10Jaguar XF$2,578-$280
11Audi S4$2,628-$230
12BMW i4$2,636-$222
13Mercedes-Benz E350$2,654-$204
14Lexus ES 300h$2,690-$168
15BMW 530i$2,742-$116
16Audi A6$2,798-$60
17Audi S5$2,802-$56
18BMW 540i$2,808-$50
19BMW 430i$2,856-$2
20Lexus IS 500$2,858--
21Mercedes-Benz E450$2,886$28
22Genesis G80$2,892$34
2023 Midsize Luxury Car Average$2,899$41
23Mercedes-Benz CLS450$2,968$110
24Mercedes-Benz EQE 350$2,988$130
25Audi RS 5$2,996$138
26BMW 530e$3,014$156
27Audi S6$3,044$186
28Mercedes-Benz AMG C43$3,048$190
29BMW M440i$3,052$194
30Mercedes-Benz EQE 500$3,056$198
31Audi A7$3,176$318
32Infiniti Q50$3,180$322
33Lexus LC 500h$3,414$556
34BMW M550i$3,420$562
35Tesla Model S$3,498$640
36Audi S7$3,520$662
37BMW M5$3,624$766
38BMW M8$3,824$966

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.

2023 IS 500 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Lexus IS 500.

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.

2023 Lexus IS 500 Insurance Rates by Trim Level
2023 Lexus IS 500 Trim Level Annual Premium Cost Per Month
F Sport Performance$2,810$234
F Sport Performance Premium$2,910$243

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 2023 Lexus IS 500 for different driver ages.

2023 Lexus IS 500 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$10,150$846
17$9,883$824
18$8,947$746
19$8,105$675
20$6,221$518
21$5,933$494
22$5,325$444
23$4,328$361
24$4,106$342
25$3,332$278
30$3,058$255
35$2,932$244
40$2,858$238
45$2,666$222
50$2,518$210
55$2,354$196
60$2,360$197
65$2,522$210
70$2,710$226
75$3,172$264
80$3,918$327

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 IS 500 trim levels.