Lexus RC 350 Insurance Costs: Rates, Rankings, and Insights

• Lexus RC 350 car insurance cost an average of $2,058 per year, $1,029 for a 6-month policy, or $172 per month.
• The RC 350 is one of the cheaper small luxury cars to insure, costing $30 less per year on average as compared to other small luxury cars
• On a state level, insurance rates range from a low of $1,316 per year in Maine to $2,702 in Michigan.

How much does Lexus RC 350 car insurance cost?

Lexus RC 350 insurance costs an average of $2,058 annually for full coverage, which is the equivalent of about $172 a month.

Collision coverage is around $938 a year, liability and medical (or PIP) coverage will cost around $502, and the remaining comprehensive (or other-than-collision) coverage is an estimated $618.

The chart below shows estimated annual insurance rates on a 2024 Lexus RC 350 using a range of driver ages and risk profiles.

Some additional rate insights and possible discounts to watch for are as follows:

• Rates trend downward as age increases. The difference in 2024 Lexus RC 350 insurance rates between a 40-year-old driver ($2,058 per year) and a 20-year-old driver ($4,048 per year) is $1,990, or a savings of 65.2%.
• Avoid driving violations to reduce insurance cost. To get the cheapest possible RC 350 insurance rates, it’s necessary to avoid traffic tickets. In fact, just a couple blemishes on your driving record could increase RC 350 insurance rates by up to $522 per year. Serious violations such as driving under the influence of drugs or alcohol could raise rates by an additional $1,828 or more.
• Great credit can mean great car insurance rates. In states that allow a driver’s personal credit information to be used as a rate factor, drivers who have credit scores over 800 could save $323 per year compared to a lower credit score of 670-739. Conversely, a below average credit rating could cost up to $375 more per year.
• Driver gender influences rates. For a 2024 Lexus RC 350, a 20-year-old male pays an estimated $4,048 per year, while a 20-year-old female driver will pay $2,928, a difference of $1,120 per year in favor of the women by a long shot. But by age 50, the cost for men is $1,822 and the rate for females is $1,778, a difference of only $44.
• Research discounts to save money. Discounts may be available if the insured drivers are accident-free, are homeowners, belong to certain professional organizations, work in certain occupations, are away-from-home students, or many other discounts which could save the average driver as much as $344 per year on their insurance cost.
• Fewer accidents means cheaper Lexus RC 350 car insurance rates. Having frequent at-fault accidents will raise rates, potentially by an additional $950 per year for a 30-year-old driver and even as much as $564 per year for a 50-year-old driver.
• Get a discount from your choice of occupation. Just about all car insurance companies offer discounts for being employed in occupations like engineers, emergency medical technicians, college professors, members of the military, police officers and law enforcement, high school and elementary teachers, and other occupations. By earning this discount on your policy you could potentially save between $62 and $185 on your yearly car insurance bill, subject to policy limits.

How do Lexus RC 350 insurance rates compare?

The Lexus RC 350 ranks seventh out of 18 total vehicles in the 2024 small luxury car category for car insurance affordability.

The RC 350 costs an average of $2,058 per year to insure and the class median rate is $2,088 annually, a difference of $30 per year.

When average insurance rates are compared to other small luxury cars, insurance for a Lexus RC 350 costs $22 less per year than the BMW 230i, $80 less per year than the Alfa Romeo Giulia, and $126 less per year than the Audi A4.

The chart below shows how Lexus RC 350 insurance rates compare to the ten most popular small luxury cars. An additional table is included after the chart that displays insurance rate rankings for the entire small luxury car class.

New versus used insurance rates

Skipping a new 2024 model and instead driving a used Lexus RC 350 could save $460 per year or more. Older models generally have lower insurance rates since the cost to replace them is also less.

The following table illustrates typical insurance cost data for a Lexus RC 350 for a range of model years.

Lexus RC 350 average insurance cost by location

Depending on your address, the insurance cost for a Lexus RC 350 varies significantly from cheaper rates like $1,444 a year in Virginia Beach, VA, or $1,582 in Columbus, OH, to more expensive rates like $3,128 a year in Las Vegas, NV, and $3,512 in New York City.

Additional rates include San Diego, CA, at $2,218 per year, Jacksonville, FL, at $2,170, San Antonio, TX, costing $1,930, and Denver, CO, averaging $2,404.

The bar chart below ranks typical full coverage insurance policy costs for a 2024 Lexus RC 350 for some of the largest cities in the U.S.

When comparing Lexus RC 350 rates at an overall state level, states like North Carolina ($1,362), Virginia ($1,436), and Maine ($1,316) tend to have cheaper car insurance rates, while states like Michigan ($2,702), Louisiana ($2,394), and Florida ($2,500) have higher insurance rates.

The table below shows the estimated cost of full coverage Lexus RC 350 car insurance in all 50 states broken down by annual, 6-month, and monthly cost.