2024 Lexus LS 500 Car Insurance Calculator

Monitor in real-time how changes to different risk factors impact car insurance rates for a 2024 Lexus LS 500. Experiment with options like driving violations, coverage levels, and mileage driven to see how rates are affected. Immediately discover if rates change for better or worse.

The average estimated car insurance premium for a 2024 Lexus LS 500 is $3,220 per year, or about $268 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

$3,220

Cost Per Month

$268

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 LS 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 2024 Lexus LS 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.

$3,220
Average Rate
Your Rate
$3,220

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 LS 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 2024 Lexus LS 500 is $3,220.

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 LS 500 vs. the Large Luxury Car Segment

The table below compares insurance rates for the 2024 Lexus LS 500 against all other models in the large luxury car segment. The Lexus LS 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 LS 500, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Lexus LS 500.

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

2024 Lexus LS 500 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,782-$438
2Volvo S90$2,870-$350
3Genesis G90$3,076-$144
4Mercedes-Benz AMG E53$3,088-$132
5Mercedes-Benz EQS 450$3,122-$98
6Lexus LS 500$3,220--
7Lexus LS 500h$3,262$42
8BMW 840i$3,354$134
9BMW i7$3,402$182
10Audi RS 7$3,524$304
2024 Large Luxury Car Average$3,748$528
11BMW M850i$3,780$560
12BMW 740i$3,794$574
13BMW 750e$3,806$586
14Mercedes-Benz AMG GT43$3,832$612
15Audi S8$3,878$658
16Mercedes-Benz S500$3,972$752
17Audi A8$3,982$762
18BMW 760i$4,008$788
19Mercedes-Benz S580$4,162$942
20Mercedes-Benz EQS 580$4,230$1,010
21Mercedes-Benz Maybach S580$4,598$1,378
22Mercedes-Benz AMG EQS$4,642$1,422
23Porsche Panamera$4,666$1,446
24Mercedes-Benz Maybach S680$4,906$1,686

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 LS 500 Insurance Rates by Trim Level

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

2024 Lexus LS 500 Insurance Rates by Trim Level
2024 Lexus LS 500 Trim Level Annual Premium Cost Per Month
Base RWD$3,160$263
Base AWD$3,218$268
F Sport RWD$3,232$269
F Sport AWD$3,274$273

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 LS 500 for different driver ages.

2024 Lexus LS 500 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,296$941
17$10,988$916
18$9,931$828
19$9,018$752
20$6,935$578
21$6,621$552
22$5,945$495
23$4,862$405
24$4,608$384
25$3,744$312
30$3,446$287
35$3,308$276
40$3,220$268
45$3,004$250
50$2,842$237
55$2,652$221
60$2,660$222
65$2,832$236
70$3,044$254
75$3,558$297
80$4,370$364

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 LS 500 trim levels.