- Lexus IS 500 insurance costs an average of $2,014 per year for a full coverage policy, but can vary significantly based on driver age.
- The cheapest IS 500 to insure is the F Sport Performance trim level at $1,942 per year. The most expensive is the F Sport Performance Launch Edition at $2,092 annually.
- The IS 500 ranks #24 out of 38 vehicles in the 2022 midsize luxury car class for car insurance affordability.
How much does Lexus IS 500 insurance cost?
Lexus IS 500 insurance rates average $2,014 a year for full coverage, or $168 monthly. With the average midsize luxury car costing $2,003 a year to insure, the Lexus IS 500 averages $11 more per year.
With MSRP on the IS 500 ranging from $56,500 to $67,400 for the 2022 model year, the monthly cost of car insurance ranges from $162 to $174.
The next chart illustrates how IS 500 insurance rates vary with differences in driver age and policy deductibles. Rates in the example start at $1,498 per year for a 60-year-old with $1,000 physical damage deductibles and go as high as $4,740 annually for a 20-year-old with lower $250 physical damage deductibles.
As mentioned above, average monthly car insurance cost on the IS 500 ranges from $162 to $174, depending on the trim level being insured. The table below shows average annual and monthly rates for all the packages available for the 2022 Lexus IS 500.
Lexus IS 500 Trim Level | Annual Policy | 6-month Policy | Per Month |
---|---|---|---|
F Sport Performance | $1,942 | $971 | $162 |
F Sport Performance Premium | $2,010 | $1,005 | $168 |
F Sport Performance Launch Edition | $2,092 | $1,046 | $174 |
Lexus IS 500 car insurance rates vs. the competition
When compared directly to other popular midsize luxury cars, auto insurance rates for a Lexus IS 500 cost $234 more per year than the Lexus ES 350, $138 more than the BMW 530i, and $190 less than the Infiniti Q50.
The Lexus IS 500 ranks #24 out of 38 comparison vehicles in the 2022 midsize luxury car segment for most affordable car insurance rates.
The chart displayed below shows how IS 500 insurance rates compare to the top 10 selling midsize luxury cars in America like the Audi A6, Acura ILX, and the Mercedes-Benz CLA250. A full ranking table is also included following the chart that shows average insurance rates for all midsize luxury competitors, with the IS 500 highlighted at #24.
Rank | Make/Model | Insurance Cost | Difference |
---|---|---|---|
1 | Acura ILX | $1,392 | -$622 |
2 | Lexus RC 300 | $1,676 | -$338 |
3 | Mercedes-Benz AMG CLA35 | $1,716 | -$298 |
4 | BMW i4 | $1,726 | -$288 |
5 | Cadillac CT5 | $1,732 | -$282 |
6 | Audi A3 | $1,750 | -$264 |
7 | Mercedes-Benz AMG CLA45 | $1,756 | -$258 |
8 | Mercedes-Benz CLA250 | $1,768 | -$246 |
9 | Lexus ES 250 | $1,772 | -$242 |
10 | Lexus IS 300 | $1,774 | -$240 |
11 | Lexus ES 350 | $1,780 | -$234 |
12 | Genesis G80 | $1,816 | -$198 |
13 | Audi S5 | $1,840 | -$174 |
14 | BMW 530i | $1,876 | -$138 |
15 | Lexus ES 300h | $1,882 | -$132 |
16 | Mercedes-Benz E350 | $1,896 | -$118 |
17 | BMW 530e | $1,912 | -$102 |
18 | BMW 540i | $1,914 | -$100 |
19 | Audi S4 | $1,924 | -$90 |
20 | BMW M440i | $1,926 | -$88 |
21 | Mercedes-Benz E450 | $1,932 | -$82 |
22 | Audi A6 | $1,986 | -$28 |
23 | Jaguar XF | $1,990 | -$24 |
24 | Lexus IS 500 | $2,014 | -- |
25 | BMW 430i | $2,034 | $20 |
26 | Mercedes-Benz CLS450 | $2,050 | $36 |
27 | Audi RS 5 | $2,150 | $136 |
28 | Mercedes-Benz AMG C43 | $2,166 | $152 |
29 | Audi S6 | $2,182 | $168 |
30 | Infiniti Q50 | $2,204 | $190 |
31 | Mercedes-Benz AMG C63 | $2,234 | $220 |
32 | BMW M550i | $2,320 | $306 |
33 | Audi A7 | $2,378 | $364 |
34 | Tesla Model S | $2,416 | $402 |
35 | Lexus LC 500h | $2,448 | $434 |
36 | Audi S7 | $2,570 | $556 |
37 | BMW M8 | $2,586 | $572 |
38 | BMW M5 | $2,618 | $604 |