- Lexus LC 500 insurance rates average $2,652 per year or around $221 per month, depending on the trim level.
- Drivers can find the cheapest insurance on the LC 500 Coupe trim level at $2,566 per year.
- The LC 500 Convertible Touring is the most expensive to insure at $2,760 per year.
- When compared to the entire sports car segment, the LC 500 ranks in the bottom half at 20th out of 26 total comparison vehicles.
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.
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.
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 |
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.
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 |
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.
Rank | Make/Model | Insurance Cost | Difference |
---|---|---|---|
1 | Mazda MX-5 Miata | $1,630 | -$1,022 |
2 | Audi TT | $1,828 | -$824 |
3 | Ford Mustang | $1,914 | -$738 |
4 | BMW Z4 | $1,928 | -$724 |
5 | Subaru WRX | $1,948 | -$704 |
6 | Nissan Z | $1,978 | -$674 |
7 | Toyota GR Supra | $2,010 | -$642 |
8 | Toyota GR86 | $2,034 | -$618 |
9 | BMW M2 | $2,036 | -$616 |
10 | Subaru BRZ | $2,128 | -$524 |
11 | Chevrolet Corvette | $2,176 | -$476 |
12 | BMW M3 | $2,224 | -$428 |
13 | Lexus RC F | $2,270 | -$382 |
14 | Porsche 718 | $2,272 | -$380 |
15 | Chevrolet Camaro | $2,310 | -$342 |
16 | Mercedes-Benz AMG GT53 | $2,448 | -$204 |
17 | Jaguar F-Type | $2,534 | -$118 |
18 | Porsche Taycan | $2,590 | -$62 |
19 | BMW M4 | $2,622 | -$30 |
20 | Lexus LC 500 | $2,652 | -- |
21 | Dodge Challenger | $2,660 | $8 |
22 | Porsche 911 | $2,890 | $238 |
23 | Acura NSX | $3,268 | $616 |
24 | Audi R8 | $3,378 | $726 |
25 | Mercedes-Benz SL 55 | $3,382 | $730 |
26 | Mercedes-Benz SL 63 | $3,600 | $948 |