Lexus RX 350 vs. BMW X5 Insurance – Which is Cheaper?

Does the Lexus RX 350 or the BMW X5 have cheaper car insurance rates? We broke down average rates by trim level for the 2015 through 2022 model years to shed some light.

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  • At an average cost of $1,570 per year, a 2022 Lexus RX 350 costs less to insure than a 2022 BMW X5 by an average of $368 per year.
  • Average car insurance cost per month for the BMW X5 is 19.1% more expensive than the Lexus RX 350, at $131 versus $162, a difference of $31.
  • Out of 36 models in the 2022 midsize luxury SUV segment, the Lexus RX 350 ranks #3 and the BMW X5 ranks #24 for cheapest auto insurance.

2022 Lexus RX 350 vs. BMW X5

When comparing insurance rates for 2022 models, a Lexus RX 350 costs an average of $1,570 per year to insure and a BMW X5 costs $1,938, making the Lexus RX 350 cheaper to insure by $368 per year for this comparison year.

The next chart displays the average cost to insure both models using different driver ages. For a 2022 Lexus RX 350, the average cost of car insurance ranges from $1,428 to $3,108 per year. A 2022 BMW X5 costs from $1,764 to $3,900 to insure per year.

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Chart Data Details: Average insurance rates are for a 2022 Lexus RX 350 and a 2022 BMW X5 with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Lexus RX 350 and BMW X5 trim levels.Data last updated on July 29, 2022
2022 Lexus RX 350 vs. 2022 BMW X5 Insurance Cost
2022 Lexus RX 350 vs. 2022 BMW X5 Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Lexus RX 350$3,108$1,672$1,570$1,428
BMW X5$3,900$2,062$1,938$1,764

Out of six trims for the 2022 Lexus RX 350, the cheapest car insurance rates are on the 2WD model at a cost of $1,506 per year.

For the five trim levels available for the BMW X5, the cheapest 2022 model to insure is the sDrive model at a cost of $1,790 per year, or around $149 per month.

When comparing aggregated rates for both models from a trim-level perspective, the most affordable model and trim level to insure is the Lexus RX 350 2WD at an average rate of $1,506 per year, and the overall most expensive vehicle to insure is the BMW X5 M xDrive at an average of $2,182 per year.

The next two rate tables show all the available trims for both 2022 models, including an overall average cost for each model. The winner for the 2022 car insurance battle is the Lexus RX 350.

2022 Lexus RX 350

$1,570

Insurance Rates by Trim Level for 2022 Lexus RX 350
2022 Lexus RX 350 TrimsRate
2WD$1,506
AWD1,530
F Sport 2WD1,558
F Sport AWD1,580
Black Line Special Edition 2WD1,614
Black Line Special Edition AWD1,630
2022 Lexus RX 350 Average Rate$1,570

2022 BMW X5

$1,938

Insurance Rates by Trim Level for 2022 Lexus RX 350
2022 BMW X5 TrimsRate
sDrive$1,790
xDrive1,820
xDrive45e1,852
M50i xDrive2,044
M xDrive2,182
2022 BMW X5 Average Rate$1,938

2021 Lexus RX 350 vs. BMW X5

When comparing insurance cost for 2021 models, the Lexus RX 350 costs an average of $1,518 per year to insure and the BMW X5 costs $1,808, making the Lexus RX 350 the winner by $290 for the 2021 comparison year.

The next chart displays the average cost to insure the two models for drivers aged 20 to 50. For a 2021 Lexus RX 350, average car insurance cost ranges from $1,380 to $3,008 per year for the included driver ages. A 2021 BMW X5 costs from $1,646 to $3,632 to insure per year.

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Chart Data Details: Average insurance rates are for a 2021 Lexus RX 350 and a 2021 BMW X5 with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Lexus RX 350 and BMW X5 trim levels.Data last updated on July 29, 2022
2021 Lexus RX 350 vs. 2021 BMW X5 Insurance Cost
2021 Lexus RX 350 vs. 2021 BMW X5 Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Lexus RX 350$3,008$1,612$1,518$1,380
BMW X5$3,632$1,930$1,808$1,646

Out of eight trim levels for the 2021 Lexus RX 350, the cheapest car insurance rates are on the 2WD trim at a cost of $1,468 per year. Out of the 14 trims available for the BMW X5, the cheapest 2021 model to insure is the sDrive 40i AWD trim at a cost of $1,670.

When insurance prices for all 22 trims of both models are combined sorted by cost, the cheapest model and trim level to insure is the Lexus RX 350 2WD at an average rate of $1,468 per year. The most expensive model and trim level is the BMW X5 m50i Executive AWD costing an average of $1,940 per year.

The next two tables show all the available trims for both 2021 models, including the average rate for each model. The 2021 Lexus RX 350 has more affordable average car insurance than the 2021 BMW X5.

2021 Lexus RX 350

$1,518

Insurance Rates by Trim Level for 2021 Lexus RX 350
2021 Lexus RX 350 TrimsRate
2WD$1,468
4WD1,512
F Sport 2WD1,512
F Sport 4WD1,512
Luxury 2WD1,512
Luxury 4WD1,512
F Sport Performance 2WD1,556
F Sport Performance 4WD1,556
2021 Lexus RX 350 Average Rate$1,518

2021 BMW X5

$1,808

Insurance Rates by Trim Level for 2021 Lexus RX 350
2021 BMW X5 TrimsRate
sDrive 40i AWD$1,670
xDrive 40i AWD1,714
xDrive 40i Premium AWD1,714
xDrive 40i Rear Entertainment AWD1,714
xDrive 40i Executive AWD1,760
xDrive 40i Off-Road AWD1,760
xDrive 40i Sport AWD1,760
xDrive 50i AWD1,852
xDrive 50i Rear Entertainment AWD1,852
m50i AWD1,898
m50i Rear Entertainment AWD1,898
xDrive 50i Executive AWD1,898
xDrive 50i Off-Road AWD1,898
m50i Executive AWD1,940
2021 BMW X5 Average Rate$1,808

2020 Lexus RX 350 vs. BMW X5

When comparing car insurance rates for the 2020 Lexus RX 350 and BMW X5 models, the Lexus RX 350 is cheaper to insure by an average of $286 per year.

The next chart shows the average cost to insure both models rated for drivers aged 20 to 50. Insurance cost ranges from $1,350 to $2,946 per year for a 2020 Lexus RX 350, and $1,610 to $3,556 for a 2020 BMW X5 for the included driver ages.

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Chart Data Details: Average insurance rates are for a 2020 Lexus RX 350 and a 2020 BMW X5 with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Lexus RX 350 and BMW X5 trim levels.Data last updated on July 29, 2022
2020 Lexus RX 350 vs. 2020 BMW X5 Insurance Cost
2020 Lexus RX 350 vs. 2020 BMW X5 Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Lexus RX 350$2,946$1,578$1,484$1,350
BMW X5$3,556$1,886$1,770$1,610

Out of eight trims for the 2020 Lexus RX 350, the cheapest insurance prices are on the 2WD model at a cost of $1,436 per year.

Out of the 14 trims available for the BMW X5, the cheapest 2020 trim to insure is the sDrive 40i AWD trim at a cost of $1,634 per year, or around $136 per month.

When looking at the aggregated rates by trim for both models, the cheapest vehicle to insure to insure is the Lexus RX 350 2WD at an average of $1,436 per year. The most expensive vehicle to insure is the BMW X5 m50i Executive AWD at an average cost of $1,898 per year.

The next two rate tables illustrate average car insurance rates for each trim level, as well as the overall average rate for each model. The 2020 Lexus RX 350 takes the win over the 2020 BMW X5 for the cheapest average car insurance rates.

2020 Lexus RX 350

$1,484

Insurance Rates by Trim Level for 2020 Lexus RX 350
2020 Lexus RX 350 TrimsRate
2WD$1,436
4WD1,480
F Sport 2WD1,480
F Sport 4WD1,480
Luxury 2WD1,480
Luxury 4WD1,480
F Sport Performance 2WD1,524
F Sport Performance 4WD1,524
2020 Lexus RX 350 Average Rate$1,484

2020 BMW X5

$1,770

Insurance Rates by Trim Level for 2020 Lexus RX 350
2020 BMW X5 TrimsRate
sDrive 40i AWD$1,634
xDrive 40i AWD1,678
xDrive 40i Premium AWD1,678
xDrive 40i Rear Entertainment AWD1,678
xDrive 40i Executive AWD1,722
xDrive 40i Off-Road AWD1,722
xDrive 40i Sport AWD1,722
xDrive 50i AWD1,810
xDrive 50i Rear Entertainment AWD1,810
m50i AWD1,854
m50i Rear Entertainment AWD1,854
xDrive 50i Executive AWD1,854
xDrive 50i Off-Road AWD1,854
m50i Executive AWD1,898
2020 BMW X5 Average Rate$1,770

2019 Lexus RX 350 vs. BMW X5

For the 2019 Lexus RX 350 and BMW X5 models, the Lexus RX 350 has cheaper car insurance cost by an average of $226 per year for this model year.

The rate chart below demonstrates the average cost to insure the two models using a range of rated driver ages. The average car insurance cost ranges from $1,338 to $2,922 per year for a 2019 Lexus RX 350, and $1,546 to $3,402 for a 2019 BMW X5 for these driver ages.

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Chart Data Details: Average insurance rates are for a 2019 Lexus RX 350 and a 2019 BMW X5 with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Lexus RX 350 and BMW X5 trim levels.Data last updated on July 29, 2022
2019 Lexus RX 350 vs. 2019 BMW X5 Insurance Cost
2019 Lexus RX 350 vs. 2019 BMW X5 Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Lexus RX 350$2,922$1,560$1,470$1,338
BMW X5$3,402$1,810$1,696$1,546

Out of three trims for the 2019 Lexus RX 350, the cheapest car insurance rates are on the 2WD trim at a cost of $1,456 per year. For the two trims available for the BMW X5, the cheapest 2019 model to insure is the xDrive 40i AWD trim at a cost of $1,632 per year, or around $136 per month.

When rates for all five trim levels for both vehicles are compared, the cheapest trim to insure is the Lexus RX 350 2WD at an average of $1,456 per year, and the most expensive model and trim level is the BMW X5 xDrive 50i AWD costing an average of $1,762 per year.

The two tables below illustrate average cost to insure each trim level for a 2019 Lexus RX 350 and BMW X5, including an overall average cost for each model. The cheapest of the two models to insure for the 2019 model year is the Lexus RX 350.

2019 Lexus RX 350

$1,470

Insurance Rates by Trim Level for 2019 Lexus RX 350
2019 Lexus RX 350 TrimsRate
2WD$1,456
4WD1,456
F Sport 4WD1,498
2019 Lexus RX 350 Average Rate$1,470

2019 BMW X5

$1,696

Insurance Rates by Trim Level for 2019 Lexus RX 350
2019 BMW X5 TrimsRate
xDrive 40i AWD$1,632
xDrive 50i AWD1,762
2019 BMW X5 Average Rate$1,696

2018 Lexus RX 350 vs. BMW X5

When comparing insurance cost for 2018 models, the Lexus RX 350 costs an average of $1,404 per year to insure and the BMW X5 costs $1,698, making the Lexus RX 350 the winner by $294.

The rate chart below visualizes the average cost to insure both models for drivers from age 20 to 50. The average cost of car insurance ranges from $1,278 to $2,788 per year for a 2018 Lexus RX 350, and $1,546 to $3,416 for a 2018 BMW X5 for the age groups used in this illustration.

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Chart Data Details: Average insurance rates are for a 2018 Lexus RX 350 and a 2018 BMW X5 with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Lexus RX 350 and BMW X5 trim levels.Data last updated on July 29, 2022
2018 Lexus RX 350 vs. 2018 BMW X5 Insurance Cost
2018 Lexus RX 350 vs. 2018 BMW X5 Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Lexus RX 350$2,788$1,488$1,404$1,278
BMW X5$3,416$1,806$1,698$1,546

The 2018 Lexus RX 350 has four trims available, with the cheapest trim to insure being the 2WD model at an average cost of $1,372 per year, or $114 per month. For the six trim levels available for the BMW X5, the cheapest 2018 trim to insure is the 3.5i sDrive 2WD trim at a cost of $1,642 per year, or about $137 per month.

When trim-level rates for both models are compared, the overall cheapest vehicle to insure to insure is the Lexus RX 350 2WD at an average rate of $1,372 per year, and the most expensive vehicle to insure is the BMW X5 M AWD costing an average of $1,766 per year.

The two tables below illustrate average car insurance cost by trim level for each 2018 model, along with an average cost for each model. The 2018 Lexus RX 350 comes out on top over the 2018 BMW X5 for cheapest auto insurance rates.

2018 Lexus RX 350

$1,404

Insurance Rates by Trim Level for 2018 Lexus RX 350
2018 Lexus RX 350 TrimsRate
2WD$1,372
4WD1,372
F Sport 2WD1,416
F Sport 4WD1,456
2018 Lexus RX 350 Average Rate$1,404

2018 BMW X5

$1,698

Insurance Rates by Trim Level for 2018 Lexus RX 350
2018 BMW X5 TrimsRate
3.5i sDrive 2WD$1,642
3.5i xDrive AWD1,642
3.5d xDrive AWD1,684
4.0e xDrive AWD1,684
5.0i xDrive AWD1,766
M AWD1,766
2018 BMW X5 Average Rate$1,698

2017 Lexus RX 350 vs. BMW X5

For 2017 Lexus RX 350 and BMW X5 models, the Lexus RX 350 has lower-cost car insurance by an average of $314 per year.

The next chart visualizes the average cost to insure the two models for the 20, 30, 40, and 50-year-old driver age groups. For a 2017 Lexus RX 350, the average car insurance cost ranges from $1,242 to $2,710 per year for the age groups used in this illustration. A 2017 BMW X5 costs from $1,528 to $3,376 to insure per year.

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Chart Data Details: Average insurance rates are for a 2017 Lexus RX 350 and a 2017 BMW X5 with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Lexus RX 350 and BMW X5 trim levels.Data last updated on July 29, 2022
2017 Lexus RX 350 vs. 2017 BMW X5 Insurance Cost
2017 Lexus RX 350 vs. 2017 BMW X5 Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Lexus RX 350$2,710$1,444$1,362$1,242
BMW X5$3,376$1,784$1,676$1,528

For the four trim levels available for the 2017 Lexus RX 350, the cheapest trim level to insure is the 2WD model at an average cost of $1,332 per year, or about $111 per month.

For the six trim levels available for the BMW X5, the cheapest 2017 trim level to insure is the 3.5d xDrive AWD trim at a cost of $1,592 per year, or around $133 per month.

When rates for all 10 trim levels for both vehicles are compared, the cheapest model and trim level to insure is the Lexus RX 350 2WD at a cost of $1,332 per year. The overall most expensive vehicle to insure is the BMW X5 M AWD at a cost of $1,938 per year.

The next two tables show average cost to insure each trim level for a 2017 Lexus RX 350 and BMW X5, including an overall average cost for each model. The winner for the 2017 car insurance rate comparison is the Lexus RX 350.

2017 Lexus RX 350

$1,362

Insurance Rates by Trim Level for 2017 Lexus RX 350
2017 Lexus RX 350 TrimsRate
2WD$1,332
4WD1,332
F Sport 2WD1,374
F Sport 4WD1,414
2017 Lexus RX 350 Average Rate$1,362

2017 BMW X5

$1,676

Insurance Rates by Trim Level for 2017 Lexus RX 350
2017 BMW X5 TrimsRate
3.5d xDrive AWD$1,592
3.5i sDrive 2WD1,592
3.5i xDrive AWD1,592
4.0e xDrive AWD1,632
5.0i xDrive AWD1,712
M AWD1,938
2017 BMW X5 Average Rate$1,676

2016 Lexus RX 350 vs. BMW X5

For the 2016 Lexus RX 350 and BMW X5 models, the Lexus RX 350 has cheaper car insurance cost by an average of $426 per year for this comparison year.

The next chart illustrates the average cost to insure both 2016 models for drivers from age 20 to 50. The average cost of car insurance ranges from $1,198 to $2,616 per year for a 2016 Lexus RX 350, and $1,590 to $3,514 for a 2016 BMW X5 for the age groups used in this illustration.

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Chart Data Details: Average insurance rates are for a 2016 Lexus RX 350 and a 2016 BMW X5 with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Lexus RX 350 and BMW X5 trim levels.Data last updated on July 29, 2022
2016 Lexus RX 350 vs. 2016 BMW X5 Insurance Cost
2016 Lexus RX 350 vs. 2016 BMW X5 Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Lexus RX 350$2,616$1,390$1,316$1,198
BMW X5$3,514$1,840$1,742$1,590

The 2016 Lexus RX 350 has three trim levels available, with the cheapest trim level to insure being the 2WD model at an average cost of $1,302 per year, or around $109 per month.

For the six trim levels available for the BMW X5, the cheapest 2016 model to insure is the 3.5i sDrive 2WD model at a cost of $1,632.

When comparing both models at a trim-level basis, the overall cheapest vehicle to insure to insure is the Lexus RX 350 2WD at a cost of $1,302 per year. The most expensive vehicle to insure is the BMW X5 M AWD costing $1,992 per year.

The next two tables display the expected annual car insurance cost by trim level for both 2016 models, including an overall average rate.

2016 Lexus RX 350

$1,316

Insurance Rates by Trim Level for 2016 Lexus RX 350
2016 Lexus RX 350 TrimsRate
2WD$1,302
4WD1,302
F Sport 4WD1,338
2016 Lexus RX 350 Average Rate$1,316

2016 BMW X5

$1,742

Insurance Rates by Trim Level for 2016 Lexus RX 350
2016 BMW X5 TrimsRate
3.5i sDrive 2WD$1,632
3.5d xDrive AWD1,668
3.5i xDrive AWD1,668
4.0e xDrive AWD1,706
5.0i xDrive AWD1,780
M AWD1,992
2016 BMW X5 Average Rate$1,742

2015 Lexus RX 350 vs. BMW X5

When comparing insurance rates for the 2015 Lexus RX 350 and BMW X5 models, the Lexus RX 350 is cheaper by an average of $208 per year.

The chart shown below displays the average cost to insure both models using drivers aged 20 to 50. For a 2015 Lexus RX 350, average insurance cost ranges from $1,274 to $2,784 per year for the driver ages used. A 2015 BMW X5 costs from $1,462 to $3,224 to insure per year.

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Chart Data Details: Average insurance rates are for a 2015 Lexus RX 350 and a 2015 BMW X5 with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Lexus RX 350 and BMW X5 trim levels.Data last updated on July 29, 2022
2015 Lexus RX 350 vs. 2015 BMW X5 Insurance Cost
2015 Lexus RX 350 vs. 2015 BMW X5 Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Lexus RX 350$2,784$1,460$1,394$1,274
BMW X5$3,224$1,696$1,602$1,462

Out of three Lexus RX 350 trim levels, the cheapest 2015 model to insure is the 2WD model at an average cost of $1,384 per year. The 2015 BMW X5 has five trims available, with the cheapest model to insure being the 3.5i sDrive 2WD trim at an average cost of $1,498 per year, or $125 per month.

When average car insurance prices for all eight trims of both models are combined sorted by cost, the lowest-cost model and trim level to insure is the Lexus RX 350 2WD at an average cost of $1,384 per year, and the most expensive model and trim level is the BMW X5 M AWD at an average of $1,840 per year.

The next two tables display average car insurance cost by trim level for a 2015 Lexus RX 350 and BMW X5, along with an average cost for each model. The model with cheapest auto insurance rates for 2015 is the Lexus RX 350.

2015 Lexus RX 350

$1,394

Insurance Rates by Trim Level for 2015 Lexus RX 350
2015 Lexus RX 350 TrimsRate
2WD$1,384
4WD1,384
F Sport 4WD1,418
2015 Lexus RX 350 Average Rate$1,394

2015 BMW X5

$1,602

Insurance Rates by Trim Level for 2015 Lexus RX 350
2015 BMW X5 TrimsRate
3.5i sDrive 2WD$1,498
3.5d xDrive AWD1,534
3.5i xDrive AWD1,534
5.0i xDrive AWD1,604
M AWD1,840
2015 BMW X5 Average Rate$1,602

Additional Lexus RX 350 and BMW X5 Resources