2024 Lexus RX 500h Car Insurance Calculator

Explore and understand how different factors affect the cost of insurance for a 2024 Lexus RX 500h. Adjust factors such as driving record, coverage levels, mileage driven, and vehicle usage. Instantly know if your changes have a favorable or unfavorable effect on the rates.

The average estimated car insurance premium for a 2024 Lexus RX 500h is $2,454 per year, or about $205 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

$2,454

Cost Per Month

$205

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 RX 500h 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 RX 500h.

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.

$2,454
Average Rate
Your Rate
$2,454

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 RX 500h 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 RX 500h is $2,454.

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 RX 500h Segment Comparison

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

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

2024 Lexus RX 500h Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Jaguar E-Pace$2,190-$264
2Cadillac XT5$2,210-$244
3Infiniti QX50$2,276-$178
4Cadillac XT6$2,292-$162
5Infiniti QX60$2,304-$150
6Mercedes-Benz AMG GLB35$2,308-$146
7Acura MDX$2,342-$112
8Lexus RX 350$2,350-$104
9Lexus TX 350$2,380-$74
10Lexus RX 350h$2,410-$44
11Lexus TX 500h$2,446-$8
12Lexus RX 500h$2,454--
13Lincoln Nautilus$2,472$18
14Lexus RX 450h$2,476$22
15Volvo V90$2,496$42
16Audi SQ5$2,584$130
17Mercedes-Benz GLE350$2,616$162
18Lincoln Aviator$2,636$182
19Lexus GX 550$2,664$210
20Volvo V60$2,742$288
21Land Rover Discovery Sport$2,746$292
22Mercedes-Benz GLE450$2,758$304
2024 Midsize Luxury SUV Average$2,782$328
23Cadillac Lyriq$2,784$330
24Volvo EX90$2,806$352
25Audi Q7$2,842$388
26Genesis GV80$2,854$400
27Mercedes-Benz AMG GLC43$2,868$414
28Audi e-tron$2,920$466
29Tesla Model X$2,944$490
30BMW X5$2,992$538
31Audi Q8$3,012$558
32Land Rover Discovery$3,026$572
33Mercedes-Benz AMG GLE53$3,046$592
34Audi SQ7$3,148$694
35BMW iX$3,192$738
36BMW X6$3,272$818
37Land Rover Range Rover Sport$3,410$956
38Audi RS 6$3,482$1,028
39Porsche Cayenne$3,506$1,052
40BMW XM$3,844$1,390
41Mercedes-Benz AMG GLE63$3,948$1,494

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 RX 500h Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 Lexus RX 500h.

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 RX 500h Insurance Rates by Trim Level
2024 Lexus RX 500h Trim Level Annual Premium Cost Per Month
F Sport Performance AWD$2,454$205

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 RX 500h for different driver ages.

2024 Lexus RX 500h Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,603$717
17$8,373$698
18$7,582$632
19$6,875$573
20$5,291$441
21$5,049$421
22$4,534$378
23$3,701$308
24$3,509$292
25$2,850$238
30$2,624$219
35$2,518$210
40$2,454$205
45$2,290$191
50$2,166$181
55$2,022$169
60$2,028$169
65$2,162$180
70$2,316$193
75$2,702$225
80$3,322$277

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 RX 500h trim levels.