Lexus RX 350 Insurance Cost for 2023

How much does Lexus RX 350 car insurance cost?

From the base 2WD trim to the F Sport AWD trim level, we evaluated insurance rates for the 2023 RX 350 to look at how the average cost ranks against the competition.

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  • Lexus RX 350 insurance costs around $1,620 per year, $810 for a 6-month policy, or $135 per month.
  • The RX 350 base 2WD trim level has the cheapest insurance at around $1,580 per year. The most expensive trim is the F Sport AWD at $1,656 per year.
  • When compared to the entire midsize luxury SUV segment, the RX 350 ranks first out of 37 total comparison vehicles.
  • On a state level, insurance rates range from a low of $984 per year in Maine to $2,180 per year in Michigan. Rates in a few larger cities include $2,302 in Miami, FL, $1,514 in Tucson, AZ, and $1,684 in Wichita, KS.

How much does Lexus RX 350 insurance cost?

Lexus RX 350 insurance costs on average $1,620 a year, or about $135 each month. Drivers can plan on paying around $484 less each year for Lexus RX 350 insurance compared to the midsize luxury SUV average rate.

The following chart shows how average Lexus RX 350 car insurance rates change depending on the age of the driver and insurance policy deductibles. The values shown range from a low of $1,186 per year for a 60-year-old driver with deductibles of $1,000 to a high of $3,796 per year for a 20-year-old driver with $250 comprehensive and collision deductibles.

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Chart Data Details: Chart shows average insurance cost for a 2023 Lexus RX 350 with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Lexus RX 350 trim levels.Data last updated on August 11, 2023
Lexus RX 350 Car Insurance Rates
2023 Lexus RX 350 Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$2,620$218
$500$3,192$266
$250$3,796$316
30$1,000$1,410$118
$500$1,730$144
$250$2,062$172
40$1,000$1,326$111
$500$1,620$135
$250$1,924$160
50$1,000$1,210$101
$500$1,474$123
$250$1,748$146
60$1,000$1,186$99
$500$1,446$121
$250$1,716$143

The chart above shows average insurance rates for a 2023 Lexus RX 350 with the overall average rate being a 40-year-old driver with $500 physical damage deductibles. The following table shows average full coverage insurance rates going back to the 2013 model year.

Lexus RX 350 Insurance Cost for 2013-2023 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2023 Lexus RX 350$1,620$810$135
2022 Lexus RX 350$1,742$871$145
2021 Lexus RX 350$1,692$846$141
2020 Lexus RX 350$1,666$833$139
2019 Lexus RX 350$1,628$814$136
2018 Lexus RX 350$1,554$777$130
2017 Lexus RX 350$1,486$743$124
2016 Lexus RX 350$1,444$722$120
2015 Lexus RX 350$1,516$758$126
2014 Lexus RX 350$1,302$651$109
2013 Lexus RX 350$1,392$696$116

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Table Data Details: Average rates assume 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 August 12, 2023
Lexus RX 350 Insurance Cost by Model Year

Which Lexus RX 350 has the cheapest insurance?

The cheapest 2023 Lexus RX 350 to insure is the base 2WD model at an estimated $1,580 per year. The next cheapest model is the base AWD model, costing an average of $1,602 per year to insure.

The highest cost model of Lexus RX 350 to insure is the F Sport AWD trim at $1,656 per year. It will cost an extra $76 per year to insure this model over the lowest cost base 2WD model.

As with most vehicles, the insurance cost goes up with vehicle cost, so as expect to pay more for higher-level trims. The next table displays the average yearly and semi-annual car insurance costs, plus a monthly insurance rate, for each Lexus RX 350 model trim level.

2023 Lexus RX 350 Insurance Cost by Trim Level
Lexus RX 350 Trim Level Annual Policy Six-Month Policy Per Month
Base 2WD$1,580$790$132
Base AWD$1,602$801$134
F Sport 2WD$1,640$820$137
F Sport AWD$1,656$828$138

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Table Data Details: Average rates are for a 2023 Lexus RX 350, 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 August 12, 2023
Lexus RX 350 Insurance Cost by Trim Level

How do RX 350 insurance rates rank?

The Lexus RX 350 ranks first out of 37 comparison vehicles in the 2023 midsize luxury SUV class. The RX 350 costs an estimated $1,620 per year for insurance and the segment average is $2,104 per year, a difference of $484 per year.

When average rates are compared directly to the top-selling vehicles in the midsize luxury SUV segment, insurance for a Lexus RX 350 costs $668 less per year than the BMW X5, $180 less than the Acura MDX, $100 less than the Cadillac XT5, and $308 less than the Lexus GX 460.

The table below shows how average Lexus RX 350 insurance rates compare to the top 10 most popular midsize luxury SUVs like the BMW X5, Acura MDX, and the Lexus GX 460.

Insurance Cost Comparison: Lexus RX 350 vs Midsize Luxury SUVs
Rank Make/Model Insurance Cost Difference
1Lexus RX 350$1,620--
2Infiniti QX50$1,676$56
3Cadillac XT5$1,720$100
4Cadillac XT6$1,762$142
5Acura MDX$1,800$180
6Lincoln Nautilus$1,834$214
7Lexus RX 350L$1,850$230
8Land Rover Discovery Sport$1,854$234
9Jaguar E-Pace$1,856$236
10Volvo V90$1,886$266
11Lexus RX 450h$1,908$288
12Lexus GX 460$1,928$308
13Lexus RX 450hL$1,938$318
14Volvo V60$1,946$326
15Genesis GV80$1,986$366
16Mercedes-Benz AMG GLB35$1,988$368
17Audi SQ5$1,990$370
18Lincoln Aviator$2,008$388
19Infiniti QX60$2,026$406
20Mercedes-Benz GLE450$2,042$422
21Mercedes-Benz GLE350$2,066$446
22Land Rover Discovery$2,074$454
23Mercedes-Benz AMG GLC43$2,110$490
24Audi Q7$2,158$538
25Audi e-tron$2,232$612
26Tesla Model X$2,242$622
27Mercedes-Benz AMG GLE53$2,248$628
28BMW X5$2,288$668
29Audi Q8$2,298$678
30Land Rover Range Rover Sport$2,312$692
31Audi SQ7$2,426$806
32BMW iX$2,458$838
33BMW X6$2,508$888
34Porsche Cayenne$2,528$908
35Mercedes-Benz AMG GLE63$2,650$1,030
36Audi RS 6$2,694$1,074
37BMW XM$2,948$1,328

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 August 12, 2023
Insurance Cost Comparison: Lexus RX 350 vs Midsize Luxury SUVs

Average insurance rates by location

Depending on your address, the cost to insure an RX 350 can vary significantly, from cheaper premiums like $1,092 a year in Virginia Beach, VA, or $1,204 in Columbus, OH, to more expensive rates like $2,490 a year in Los Angeles, CA, and $2,766 in New Orleans, LA.

Some examples of other rates include Fresno, CA, at $1,826 per year, San Jose, CA, at $1,814, Kansas City, MO, averaging $1,928, and Dallas, TX, at an estimated $1,654.

The chart below details typical insurance cost data for a Lexus RX 350 for the thirty largest metro areas in the United States.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average car insurance rates for a 2023 Lexus RX 350, 40-year-old married male driver with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are the average for all Lexus RX 350 trim levels.Data last updated on August 11, 2023
Lexus RX 350 Insurance Rates in Large U.S. Cities
Lexus RX 350 Insurance Rates by Location
City/State Annual Rate Monthly Rate
New York, NY$2,816$235
Philadelphia, PA$2,502$209
Las Vegas, NV$2,498$208
Los Angeles, CA$2,490$208
San Francisco, CA$2,162$180
Kansas City, MO$1,928$161
Oklahoma City, OK$1,928$161
Denver, CO$1,890$158
Memphis, TN$1,890$158
Atlanta, GA$1,864$155
San Jose, CA$1,814$151
Phoenix, AZ$1,768$147
Portland, OR$1,746$146
San Diego, CA$1,734$145
Boston, MA$1,730$144
Jacksonville, FL$1,720$143
Chicago, IL$1,680$140
Dallas, TX$1,654$138
Houston, TX$1,646$137
Seattle, WA$1,642$137
Nashville, TN$1,578$132
Milwaukee, WI$1,572$131
Albuquerque, NM$1,544$129
San Antonio, TX$1,496$125
Omaha, NE$1,456$121
Fort Worth, TX$1,448$121
Austin, TX$1,430$119
Indianapolis, IN$1,306$109
Columbus, OH$1,204$100
Charlotte, NC$1,154$96

Additional observations about Lexus RX 350 insurance cost include:

  • Earn policy discounts to save money. Discounts may be available if the insured drivers are good students, are away-from-home students, sign their policy early, are homeowners, or other policy discounts which could save the average driver as much as $270 per year on the cost of insuring an RX 350.
  • Lexus RX 350 insurance rates for teenagers are high. Average rates for full coverage RX 350 insurance costs $5,464 per year for a 16-year-old driver, $5,186 per year for a 17-year-old driver, and $4,876 per year for an 18-year-old driver.
  • Rated driver gender affects the rate you pay. For a 2023 Lexus RX 350, a 20-year-old man will have an average rate of $3,192 per year, while a 20-year-old female will pay $2,360, a difference of $832 per year in favor of the women by a long shot. But by age 50, the cost for male drivers is $1,474 and the cost for female drivers is $1,442, a difference of only $32.
  • Avoiding accidents keeps insurance rates low. Having frequent at-fault accidents will raise rates, possibly by an extra $2,204 per year for a 20-year-old driver and even as much as $478 per year for a 50-year-old driver.
  • Obey driving laws to keep rates low. If you want to receive the cheapest price for RX 350 car insurance rates, it pays to drive safely. As a matter of fact, just a couple of traffic tickets have the ramification of raising RX 350 insurance rates as much as $408 per year. Major convictions such as driving on a suspended license could raise rates by an additional $1,444 or more.
  • Prepare for sticker shock for high-risk insurance. For a 50-year-old driver, having too many accidents or violations could increase the cost by $1,838 or more per year.

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