- Lexus IS 350 car insurance costs an average of $2,028 per year or around $169 per month, depending on the trim level.
- When compared to the entire small luxury car segment, the IS 350 ranks in the lower half at 16th out of 19 total comparison vehicles.
- Insuring a used IS 350 instead of a new 2023 model could save $714 or more each year on insurance cost.
How much does Lexus IS 350 car insurance cost?
Lexus IS 350 insurance costs an average of $2,028 per year. Monthly car insurance rates range from $166 to $172, with the F Sport Design RWD being cheapest and the F Sport AWD costing the most to insure.
The chart below details how average 2023 Lexus IS 350 insurance rates change depending on driver age and a range of policy deductibles. Prices range from $1,520 per year for a driver age 60 with a $1,000 policy deductible to $4,726 annually for a driver age 20 with a $250 policy deductible.
How does Lexus IS 350 insurance compare?
Insurance for a Lexus IS 350 costs $236 more per year than the BMW 330i, $80 more than the Mercedes-Benz C300, $58 more than the Volvo S60, and $206 more than the Acura TLX.
The Lexus IS 350 ranks 16th out of 19 total vehicles in the 2023 small luxury car class. The IS 350 costs an average of $2,028 per year for insurance, while the class average cost is $1,942 annually, a difference of $86 per year.
The chart below shows how well IS 350 car insurance rates compare to the most popular compact luxury cars in the U.S. for the 2023 model year. Following the chart is a complete rate comparison table showing insurance cost rankings for all 19 models in the small luxury car category.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Acura Integra | $1,584 | -$444 |
| 2 | BMW 330i | $1,792 | -$236 |
| 3 | Acura TLX | $1,822 | -$206 |
| 4 | Cadillac CT4 | $1,842 | -$186 |
| 5 | Genesis G70 | $1,880 | -$148 |
| 6 | BMW 330e | $1,910 | -$118 |
| 7 | BMW 228i | $1,920 | -$108 |
| 8 | BMW 230i | $1,932 | -$96 |
| 9 | Mercedes-Benz C300 | $1,948 | -$80 |
| 10 | Audi A4 | $1,954 | -$74 |
| 11 | Lexus RC 350 | $1,956 | -$72 |
| 12 | Audi S3 | $1,968 | -$60 |
| 13 | Volvo S60 | $1,970 | -$58 |
| 14 | Alfa Romeo Giulia | $1,992 | -$36 |
| 15 | BMW M235i | $1,996 | -$32 |
| 16 | Lexus IS 350 | $2,028 | -- |
| 17 | Audi RS 3 | $2,106 | $78 |
| 18 | BMW M240i | $2,146 | $118 |
| 19 | BMW M340i | $2,156 | $128 |
Comparing the cost to insure a Lexus IS 350 to other models that have a similar MSRP can supply us with another useful insight. For the 2023 model, the average purchase price for a Lexus IS 350 is $45,285, before destination and documentation charges.
The compact luxury cars that have the closest MSRP to the IS 350 are the BMW 330i, BMW 330e, Cadillac CT4, and BMW M235i.
The next list shows how those models compare to the Lexus IS 350 by purchase price and average annual insurance cost. For additional makes and models, please see our insurance cost comparison page.
- Compared to the BMW 330i – With an average dealer MSRP of $44,800 ($43,800 to $45,800), the BMW 330i costs $485 less than the Lexus IS 350. The average insurance cost for the Lexus IS 350 compared to the BMW 330i is $236 more every 12 months.
- Compared to the BMW 330e – Having an average sticker price of $45,900 ($44,900 to $46,900), the 2023 BMW 330e costs $615 more than the average cost for the Lexus IS 350. Expect to pay an average of $118 less every 12 months to insure the BMW 330e compared to an IS 350.
- Compared to the Cadillac CT4 – The average MSRP for a 2023 Lexus IS 350 is $769 cheaper than the Cadillac CT4, at $45,285 compared to $46,054. The average insurance cost for a 2023 IS 350 compared to the Cadillac CT4 is $186 more annually.
- Compared to the BMW M235i – The 2023 BMW M235i sells for an average of $47,600 ($47,600 to $47,600), which is $2,315 more expensive than the average cost of the Lexus IS 350. The average insurance cost for the IS 350 compared to the BMW M235i is $32 more annually.
What is the cheapest Lexus IS 350 insurance?
The cheapest Lexus IS 350 insurance can be found on the base F Sport Design RWD trim (MSRP of $43,660) costing $1,996 per year, or about $166 per month.
The next table shows average annual and semi-annual policy costs, in addition to a monthly insurance rate, for each Lexus IS 350 trim level.
| Lexus IS 350 Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| F Sport Design RWD | $1,996 | $998 | $166 |
| F Sport RWD | $2,022 | $1,011 | $169 |
| F Sport Deisgn AWD | $2,040 | $1,020 | $170 |
| F Sport AWD | $2,060 | $1,030 | $172 |
How much do used IS 350 models cost to insure?
Insuring a 2013 IS 350 in place of a 2023 version will save an average of $714 on a yearly basis. Even driving a gently used 2018 model could save you $300 annually.
The following data table shows average Lexus IS 350 car insurance policy costs for different model years. Yearly insurance rates range from the lowest rate of $1,314 for a 2013 Lexus IS 350 to the most expensive rate of $2,028 for a 2023 model year.
| Model Year and Vehicle | Annual Rate | 6-month Rate | Monthly Rate |
|---|---|---|---|
| 2023 Lexus IS 350 | $2,028 | $1,014 | $169 |
| 2022 Lexus IS 350 | $2,058 | $1,029 | $172 |
| 2021 Lexus IS 350 | $2,010 | $1,005 | $168 |
| 2020 Lexus IS 350 | $1,980 | $990 | $165 |
| 2019 Lexus IS 350 | $1,780 | $890 | $148 |
| 2018 Lexus IS 350 | $1,728 | $864 | $144 |
| 2017 Lexus IS 350 | $1,654 | $827 | $138 |
| 2016 Lexus IS 350 | $1,794 | $897 | $150 |
| 2015 Lexus IS 350 | $1,456 | $728 | $121 |
| 2014 Lexus IS 350 | $1,452 | $726 | $121 |
| 2013 Lexus IS 350 | $1,314 | $657 | $110 |
