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.

Start a Free QuoteCompare Lexus RX 350 car insurance quotes and save on your next policy.

  • Lexus RX 350 insurance costs around $1,578 per year, $789 for a 6-month policy, or $132 per month.
  • The RX 350 base 2WD trim level has the cheapest insurance at around $1,542 per year. The most expensive trim is the F Sport AWD at $1,614 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 $950 per year in Maine to $2,156 per year in Michigan. Rates in a few larger cities include $2,278 in Miami, FL, $1,478 in Tucson, AZ, and $1,648 in Wichita, KS.

How much does Lexus RX 350 insurance cost?

Lexus RX 350 insurance costs on average $1,578 a year, or about $132 each month. Drivers can plan on paying around $472 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 $1,158 per year for a 60-year-old driver with deductibles of $1,000 to a high of $3,698 per year for a 20-year-old driver with $250 comprehensive and collision deductibles.

Get Rates in Your AreaWhy is this important?

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 January 23, 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$2,552$213
$500$3,110$259
$250$3,698$308
30$1,000$1,374$115
$500$1,684$140
$250$2,010$168
40$1,000$1,292$108
$500$1,578$132
$250$1,876$156
50$1,000$1,178$98
$500$1,436$120
$250$1,702$142
60$1,000$1,158$97
$500$1,410$118
$250$1,672$139

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$1,578$789$132
2022 Lexus RX 350$1,698$849$142
2021 Lexus RX 350$1,652$826$138
2020 Lexus RX 350$1,624$812$135
2019 Lexus RX 350$1,590$795$133
2018 Lexus RX 350$1,514$757$126
2017 Lexus RX 350$1,448$724$121
2016 Lexus RX 350$1,408$704$117
2015 Lexus RX 350$1,474$737$123
2014 Lexus RX 350$1,270$635$106
2013 Lexus RX 350$1,356$678$113

Get Rates in Your AreaWhy is this important?

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 January 23, 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 $1,542 per year. The next cheapest model is the base AWD model, costing an average of $1,562 per year to insure.

The highest cost model of Lexus RX 350 to insure is the F Sport AWD trim at $1,614 per year. It will cost an extra $72 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$1,542$771$129
Base AWD$1,562$781$130
F Sport 2WD$1,598$799$133
F Sport AWD$1,614$807$135

Get Rates in Your AreaWhy is this important?

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 February 5, 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 $1,578 per year for insurance and the segment average is $2,050 per year, a difference of $472 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 $652 less per year than the BMW X5, $178 less than the Acura MDX, $98 less than the Cadillac XT5, and $302 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$1,578--
2Infiniti QX50$1,632$54
3Cadillac XT5$1,676$98
4Cadillac XT6$1,716$138
5Acura MDX$1,756$178
6Lincoln Nautilus$1,786$208
7Lexus RX 350L$1,804$226
8Land Rover Discovery Sport$1,806$228
9Jaguar E-Pace$1,808$230
10Volvo V90$1,838$260
11Lexus RX 450h$1,858$280
12Lexus GX 460$1,880$302
13Lexus RX 450hL$1,890$312
14Volvo V60$1,896$318
15Mercedes-Benz AMG GLB35$1,934$356
16Genesis GV80$1,936$358
17Audi SQ5$1,940$362
18Lincoln Aviator$1,958$380
19Infiniti QX60$1,974$396
20Mercedes-Benz GLE450$1,990$412
21Mercedes-Benz GLE350$2,014$436
22Land Rover Discovery$2,022$444
23Mercedes-Benz AMG GLC43$2,056$478
24Audi Q7$2,104$526
25Audi e-tron$2,174$596
26Tesla Model X$2,184$606
27Mercedes-Benz AMG GLE53$2,190$612
28BMW X5$2,230$652
29Audi Q8$2,238$660
30Land Rover Range Rover Sport$2,254$676
31Audi SQ7$2,362$784
32BMW iX$2,396$818
33BMW X6$2,442$864
34Porsche Cayenne$2,462$884
35Mercedes-Benz AMG GLE63$2,582$1,004
36Audi RS 6$2,624$1,046
37BMW XM$2,872$1,294

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 January 23, 2023
Insurance Cost Comparison: Lexus RX 350 vs Midsize Luxury SUVs

Average insurance rates by location

Depending on your address, the cost to insure a RX 350 can vary significantly, from cheaper premiums like $1,056 a year in Virginia Beach, VA, or $1,170 in Columbus, OH, to more expensive rates like $2,456 a year in Los Angeles, CA, and $2,740 in New Orleans, LA.

Some examples of other rates include Fresno, CA, at $1,794 per year, San Jose, CA, at $1,778, Kansas City, MO, averaging $1,892, and Dallas, TX, at an estimated $1,618.

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 January 23, 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$2,784$232
Philadelphia, PA$2,470$206
Las Vegas, NV$2,462$205
Los Angeles, CA$2,456$205
San Francisco, CA$2,126$177
Kansas City, MO$1,892$158
Oklahoma City, OK$1,892$158
Denver, CO$1,854$155
Memphis, TN$1,854$155
Atlanta, GA$1,834$153
San Jose, CA$1,778$148
Phoenix, AZ$1,734$145
Portland, OR$1,712$143
San Diego, CA$1,700$142
Boston, MA$1,696$141
Jacksonville, FL$1,692$141
Chicago, IL$1,646$137
Dallas, TX$1,618$135
Houston, TX$1,612$134
Seattle, WA$1,606$134
Nashville, TN$1,546$129
Milwaukee, WI$1,536$128
Albuquerque, NM$1,510$126
San Antonio, TX$1,462$122
Omaha, NE$1,420$118
Fort Worth, TX$1,414$118
Austin, TX$1,396$116
Indianapolis, IN$1,272$106
Columbus, OH$1,170$98
Charlotte, NC$1,118$93

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 many other policy discounts which could save the average driver as much as $264 per year on the cost of insuring a RX 350.
  • Lexus RX 350 insurance rates for teenagers are high. Average rates for full coverage RX 350 insurance costs $5,330 per year for a 16-year-old driver, $5,054 per year for a 17-year-old driver, and $4,750 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 $3,110 per year, while a 20-year-old female will pay $2,300, a difference of $810 per year in favor of the women by a long shot. But by age 50, the cost for male drivers is $1,436 and the cost for female drivers is $1,406, a difference of only $30.
  • Avoiding accidents keeps insurance rates low. Having frequent at-fault accidents will raise rates, possibly by an extra $2,148 per year for a 20-year-old driver and even as much as $464 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 safe. As a matter of fact, just a couple traffic tickets have the ramification of raising RX 350 insurance rates as much as $402 per year. Major convictions such as driving on a suspended license could raise rates by an additional $1,410 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 $1,792 or more per year.

Related Articles