Insurance and Your Lexus LC 500: What You Need to Know

Are car insurance rates expensive for a Lexus LC 500?

From the Coupe model up to the more expensive Convertible Touring trim, we compared insurance rates for an LC 500 to discover how it compares to all other sports cars.

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How much does Lexus LC 500 insurance cost?

Lexus LC 500 insurance costs an average of $3,514 a year for full coverage, or around $293 each month. Expect to pay about $292 more annually for LC 500 car insurance compared to the sports cars average rate, and $1,293 more per year than the $2,221 national average.

Average Lexus LC 500 insurance cost per month ranges from $283 to $304 depending on the trim level. This amount can vary considerably depending on where you live, however.

The following chart shows average car insurance cost for a 2024 Lexus LC 500 using different policy scenarios.

Average 2024 Lexus LC 500 insurance premiums for different driver ages and risk scenarios.
Figure 1: Average 2024 Lexus LC 500 insurance premiums for different driver ages and risk scenarios. Rates updated on June 26, 2025.

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Data Methodology: Average rates are for a 2024 model year Lexus LC 500 with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Lexus LC 500 trim levels.

2024 Lexus LC 500 Insurance Cost Summary
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$7,922$660
Safe Driver Age 20$6,956$580
At-fault Accidents Age 40$4,852$404
Low Deductibles Age 40$4,832$403
Safe Driver Age 30$3,782$315
Safe Driver Age 40$3,514$293
Safe Driver Age 50$3,074$256
Discount Rate Age 40$2,922$244
Safe Driver Age 60$2,876$240
High Deductibles Age 40$2,832$236

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 Lexus LC 500 trim levels. Updated June 26, 2025

The following table shows average insurance rates for the LC 500 for the 2018 through 2024 model years. Rates are for full coverage and are averaged for rated drivers age 20 through 60.

Lexus LC 500 Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2024 Lexus LC 500$6,956$3,514$2,876
2023 Lexus LC 500$6,888$3,438$2,828
2022 Lexus LC 500$6,854$3,416$2,808
2021 Lexus LC 500$6,768$3,360$2,772
2020 Lexus LC 500$6,550$3,252$2,684
2019 Lexus LC 500$5,852$2,908$2,396
2018 Lexus LC 500$5,548$2,750$2,268

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 LC 500 trim levels for each model year. Updated June 27, 2025

Average insurance rates for 2018 to 2024 Lexus LC 500 models for drivers age 20, 40 and 60
Average insurance rates for 2018 to 2024 Lexus LC 500 models for drivers age 20, 40 and 60

What is the cheapest Lexus LC 500 insurance?

With Lexus LC 500 insurance cost ranging from $3,396 to $3,652 annually for the average driver, the cheapest model to insure is the base Coupe. The second cheapest model to insure is the Coupe Touring at $3,446 per year. On average, expect to budget a minimum of $283 per month for full coverage LC 500 insurance.

The two most expensive LC 500 models to insure are the Coupe Dynamic Handling and the Convertible Touring trim levels at an average of $3,564 and $3,652 per year, respectively.

The table below details average auto insurance cost for different policy terms for each Lexus LC 500 package and trim.

2024 Lexus LC 500 Insurance Rates by Trim Level
2024 Lexus LC 500 Trim Level Annual Premium Cost Per Month
Coupe$3,396$283
Coupe Touring$3,446$287
Coupe Sport$3,490$291
Convertible$3,530$294
Coupe Dynamic Handling$3,564$297
Convertible Touring$3,652$304

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 June 27, 2025

Insurance cost by trim level for a 2024 Lexus LC 500 ranging from the Coupe model at $3,396 per year to the Convertible Touring model at $3,652
Insurance cost by trim level for a 2024 Lexus LC 500 ranging from the Coupe model at $3,396 per year to the Convertible Touring model at $3,652

Is Lexus LC 500 car insurance expensive?

The Lexus LC 500 ranks 17th out of 23 total comparison vehicles in the 2024 sports car segment. The LC 500 costs an average of $3,514 per year for insurance and the category average is $3,222 annually, a difference of $292 per year.

When comparing LC 500 car insurance rates directly to other sports cars, the Lexus costs $454 less per year than the Porsche Taycan, $270 more per year than the Chevrolet Corvette, and $1,006 less per year than the Mercedes-Benz SL 55.

The table below shows how well LC 500 car insurance rates fare against other sports car models for the 2024 model year.

Insurance Cost Comparison: Lexus LC 500 vs Sports Cars
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$2,166-$1,348
2Toyota GR86$2,468-$1,046
3Ford Mustang$2,572-$942
4BMW Z4$2,590-$924
5Subaru WRX$2,624-$890
6Toyota GR Supra$2,632-$882
7BMW M2$2,708-$806
8Nissan Z$2,716-$798
9Lexus RC F$2,766-$748
10Subaru BRZ$2,802-$712
11BMW M3$2,960-$554
12Porsche 718$3,016-$498
13Chevrolet Camaro$3,044-$470
14Chevrolet Corvette$3,244-$270
15Porsche 911$3,356-$158
16BMW M4$3,494-$20
17Lexus LC 500$3,514--
18Jaguar F-Type$3,694$180
19Mercedes-Benz AMG GT53$3,876$362
20Porsche Taycan$3,968$454
21Mercedes-Benz SL 55$4,520$1,006
22Nissan GT-R$4,562$1,048
23Mercedes-Benz SL 63$4,812$1,298

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 June 27, 2025

At $3,514 per year, insurance cost for a 2024 Lexus LC 500 ranks 17th out of 23 models in the sports car segment
At $3,514 per year, insurance cost for a 2024 Lexus LC 500 ranks 17th out of 23 models in the sports car segment