- Lexus IS 350 car insurance costs an average of $1,996 per year or around $166 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 sixth out of 18 total comparison vehicles.
- Insuring a used IS 350 instead of a new 2024 model could save $700 or more each year on insurance cost.
How much does Lexus IS 350 car insurance cost?
Lexus IS 350 insurance costs an average of $1,996 per year. Monthly car insurance rates range from $164 to $169, with the F Sport Design RWD being cheapest and the F Sport AWD costing the most to insure.
The chart below details how average 2024 Lexus IS 350 insurance rates change depending on driver age and a range of policy deductibles. Prices range from $1,376 per year for a driver age 60 with a $1,000 policy deductible to $4,640 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 $142 less per year than the Alfa Romeo Giulia, $84 less per year than the BMW 230i, $34 more per year than the Acura TLX, and $308 more per year than the Acura Integra.
The Lexus IS 350 ranks sixth out of 18 total vehicles in the 2024 small luxury car class. The IS 350 costs an average of $1,996 per year for insurance, while the class average cost is $2,088 annually, a difference of $92 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 2024 model year. Following the chart is a complete rate comparison table showing insurance cost rankings for all 18 models in the small luxury car category.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Acura Integra | $1,688 | -$308 |
| 2 | BMW 330i | $1,932 | -$64 |
| 3 | Acura TLX | $1,962 | -$34 |
| 4 | Cadillac CT4 | $1,982 | -$14 |
| 5 | Genesis G70 | $1,986 | -$10 |
| 6 | Lexus IS 350 | $1,996 | -- |
| 7 | Lexus RC 350 | $2,058 | $62 |
| 8 | BMW 330e | $2,060 | $64 |
| 9 | BMW 228i | $2,064 | $68 |
| 10 | BMW 230i | $2,080 | $84 |
| 11 | Audi S3 | $2,128 | $132 |
| 12 | Alfa Romeo Giulia | $2,138 | $142 |
| 13 | Audi A4 | $2,184 | $188 |
| 14 | BMW M235i | $2,196 | $200 |
| 15 | Volvo S60 | $2,226 | $230 |
| 16 | Audi RS 3 | $2,268 | $272 |
| 17 | BMW M240i | $2,312 | $316 |
| 18 | BMW M340i | $2,318 | $322 |
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 vehicle from the 2024 model year. Updated February 23, 2024
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 2024 model, the average purchase price for a Lexus IS 350 is $46,035, before destination and documentation charges.
The compact luxury cars that have the closest MSRP to the IS 350 are the Cadillac CT4, BMW 330i, BMW 330e, and Genesis G70.
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 Cadillac CT4 – With an average dealer MSRP of $45,592 ($35,990 to $61,495), the Cadillac CT4 costs $443 less than the Lexus IS 350. The average insurance cost for the Lexus IS 350 compared to the Cadillac CT4 is $14 more every 12 months.
- Compared to the BMW 330i – Having an average sticker price of $45,500 ($44,500 to $46,500), the 2024 BMW 330i costs $535 less than the average cost for the Lexus IS 350. Expect to pay an average of $64 less every 12 months to insure the BMW 330i compared to an IS 350.
- Compared to the BMW 330e – The average MSRP for a 2024 Lexus IS 350 is $565 cheaper than the BMW 330e, at $46,035 compared to $46,600. The average insurance cost for a 2024 IS 350 compared to the BMW 330e is $64 less annually.
- Compared to the Genesis G70 – The 2024 Genesis G70 sells for an average of $47,114 ($39,975 to $55,350), which is $1,079 more expensive than the average cost of the Lexus IS 350. The average insurance cost for the IS 350 compared to the Genesis G70 is $10 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 $44,410) costing $1,964 per year, or about $164 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.
| 2024 Lexus IS 350 Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| F Sport Design RWD | $1,964 | $164 |
| F Sport RWD | $1,990 | $166 |
| F Sport Deisgn AWD | $2,004 | $167 |
| F Sport AWD | $2,030 | $169 |
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. Updated February 23, 2024
How much do used IS 350 models cost to insure?
Insuring a 2013 IS 350 in place of a 2024 version will save an average of $700 on a yearly basis. Even driving a gently used 2018 model could save you $252 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 $1,296 for a 2013 Lexus IS 350 to the most expensive rate of $1,996 for a 2024 model year.
| Model Year and Vehicle | Annual Premium | Cost Per Month |
|---|---|---|
| 2024 Lexus IS 350 | $1,996 | $166 |
| 2023 Lexus IS 350 | $2,124 | $177 |
| 2022 Lexus IS 350 | $2,158 | $180 |
| 2021 Lexus IS 350 | $2,108 | $176 |
| 2020 Lexus IS 350 | $2,044 | $170 |
| 2019 Lexus IS 350 | $1,832 | $153 |
| 2018 Lexus IS 350 | $1,744 | $145 |
| 2017 Lexus IS 350 | $1,674 | $140 |
| 2016 Lexus IS 350 | $1,760 | $147 |
| 2015 Lexus IS 350 | $1,434 | $120 |
| 2014 Lexus IS 350 | $1,432 | $119 |
| 2013 Lexus IS 350 | $1,296 | $108 |
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 Lexus IS 350 trim levels for each model year. Updated February 22, 2024
