Lexus LC 500 Car Insurance Rates for 2023

Are car insurance rates expensive for a Lexus LC 500?

From the Coupe model up to the more expensive Convertible Touring trim, we calculated insurance rates for the 2023 LC 500 to discover how average insurance rates rank against all other sports cars.

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How much does Lexus LC 500 insurance cost?

Lexus LC 500 insurance costs an average of $2,652 a year for full coverage, or around $221 each month. Expect to pay about $240 more annually for LC 500 car insurance compared to the sports cars average rate, and $967 more per year than the $1,685 national average.

Average Lexus LC 500 insurance cost per month ranges from $214 to $230 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 2023 Lexus LC 500 using different policy scenarios.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 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. Physical damage 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.Data last updated on December 30, 2022
Lexus LC 500 Insurance Cost Summary
2023 Lexus LC 500 Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$6,002$500
Safe Driver Age 20$5,260$438
At-fault Accidents Age 40$3,698$308
Low Deductibles Age 40$3,572$298
Safe Driver Age 30$2,826$236
Safe Driver Age 40$2,652$221
Safe Driver Age 50$2,408$201
Safe Driver Age 60$2,364$197
Discount Rate Age 40$2,202$184
High Deductibles Age 40$2,178$182

The following table shows average insurance rates for the LC 500 for the 2018 through 2023 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
2023 Lexus LC 500$5,260$2,652$2,364
2022 Lexus LC 500$5,232$2,632$2,346
2021 Lexus LC 500$5,154$2,588$2,310
2020 Lexus LC 500$5,078$2,546$2,276
2019 Lexus LC 500$4,552$2,286$2,040
2018 Lexus LC 500$4,408$2,202$1,970

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates for each driver age group are for a 12-month period and assume a clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on December 29, 2022
Lexus LC 500 Insurance Rates by Model Year

What is the cheapest Lexus LC 500 insurance?

With Lexus LC 500 insurance cost ranging from $2,566 to $2,760 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 $2,598 per year. On average, expect to budget a minimum of $214 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 $2,688 and $2,760 per year, respectively.

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

2023 Lexus LC 500 Insurance Cost by Trim Level
Lexus LC 500 Trim Level Annual Policy Six-Month Policy Per Month
Coupe$2,566$1,283$214
Coupe Touring$2,598$1,299$217
Coupe Sport$2,630$1,315$219
Convertible$2,670$1,335$223
Coupe Dynamic Handling$2,688$1,344$224
Convertible Touring$2,760$1,380$230

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Lexus LC 500, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
Lexus LC 500 Insurance Cost by Trim Level

Is Lexus LC 500 car insurance expensive?

The Lexus LC 500 ranks 20th out of 26 total comparison vehicles in the 2023 sports car segment. The LC 500 costs an average of $2,652 per year for insurance and the category average is $2,412 annually, a difference of $240 per year.

When comparing LC 500 car insurance rates directly to top-selling sports cars, the Lexus costs $738 more per year than the Ford Mustang, $8 less than the Dodge Challenger, $342 more than the Chevrolet Camaro, and $704 more than the Subaru WRX.

The table below shows how well LC 500 car insurance rates fare against other sports car models for the 2023 model year.

Insurance Cost Comparison: Lexus LC 500 vs Sports Cars
Rank Make/Model Insurance Cost Difference
1Mazda MX-5 Miata$1,630-$1,022
2Audi TT$1,828-$824
3Ford Mustang$1,914-$738
4BMW Z4$1,928-$724
5Subaru WRX$1,948-$704
6Nissan Z$1,978-$674
7Toyota GR Supra$2,010-$642
8Toyota GR86$2,034-$618
9BMW M2$2,036-$616
10Subaru BRZ$2,128-$524
11Chevrolet Corvette$2,176-$476
12BMW M3$2,224-$428
13Lexus RC F$2,270-$382
14Porsche 718$2,272-$380
15Chevrolet Camaro$2,310-$342
16Mercedes-Benz AMG GT53$2,448-$204
17Jaguar F-Type$2,534-$118
18Porsche Taycan$2,590-$62
19BMW M4$2,622-$30
20Lexus LC 500$2,652--
21Dodge Challenger$2,660$8
22Porsche 911$2,890$238
23Acura NSX$3,268$616
24Audi R8$3,378$726
25Mercedes-Benz SL 55$3,382$730
26Mercedes-Benz SL 63$3,600$948

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on December 30, 2022
Insurance Cost Comparison: Lexus LC 500 vs Sports Cars