Insuring a Lexus

With its reputation for refinement and performance, Lexus has cemented its position in the U.S. luxury auto segment. These vehicles are popular for their sleek, plush designs, exceptional performance and comparatively affordable prices. When stacked up against many European counterparts, they are a lot less punishing on the pocketbook. The average yearly amount to insure one of these cars is $1,794.68, which ranks it 27th on a list of 36 models. The cars may not be cheap to protect, but they are so loaded with features that few drivers are going to mind. Learn about the factors that come into play when calculating premiums by checking out the information below.

Model Statistics

ES 300
ES 300
What type of Coverage do Es 300 Owners Choose?
Model Legend
$810

Average Annual Cost to Insure

RX 300
RX 300
What type of Coverage do Rx 300 Owners Choose?
Model Legend
$800

Average Annual Cost to Insure

RX 350
RX 350
What type of Coverage do Rx 350 Owners Choose?
Model Legend
$1,063

Average Annual Cost to Insure

GS 300
GS 300
What type of Coverage do Gs 300 Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

IS 250
IS 250
What type of Coverage do Is 250 Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

ES 350
ES 350
What type of Coverage do Es 350 Owners Choose?
Model Legend
$581

Average Annual Cost to Insure

IS 300
IS 300
What type of Coverage do Is 300 Owners Choose?
Model Legend
$620

Average Annual Cost to Insure

RX 330
RX 330
What type of Coverage do Rx 330 Owners Choose?
Model Legend
$631

Average Annual Cost to Insure

ES 330
ES 330
What type of Coverage do Es 330 Owners Choose?
Model Legend
$1,199

Average Annual Cost to Insure

GX 470
GX 470
What type of Coverage do Gx 470 Owners Choose?
Model Legend
$1,200

Average Annual Cost to Insure

LS 430
LS 430
What type of Coverage do Ls 430 Owners Choose?
Model Legend
$1,119

Average Annual Cost to Insure

LS 400
LS 400
What type of Coverage do Ls 400 Owners Choose?
Model Legend
N/A

Average Annual Cost to Insure

IS 350
IS 350
What type of Coverage do Is 350 Owners Choose?
Model Legend
N/A

Average Annual Cost to Insure

GS 350
GS 350
What type of Coverage do Gs 350 Owners Choose?
Model Legend
N/A

Average Annual Cost to Insure

LS 460
LS 460
What type of Coverage do Ls 460 Owners Choose?
Model Legend
$360

Average Annual Cost to Insure

LX 470
LX 470
What type of Coverage do Lx 470 Owners Choose?
Model Legend
$5,000

Average Annual Cost to Insure

GS 400
GS 400
What type of Coverage do Gs 400 Owners Choose?
Model Legend
$300

Average Annual Cost to Insure

SC 400
SC 400
What type of Coverage do Sc 400 Owners Choose?
Model Legend
$1,009

Average Annual Cost to Insure

Scroll up Scroll down
View More

Brief History of the Japanese Luxury Brand

Lexus's parent company, Toyota, decided that it needed to get in on the luxury car game. The auto manufacturer took its time in developing the new brand. It did a great deal of market research during the 1980s to determine what American drivers wanted. Countless road tests and other tests were performed. The first vehicles began to roll out of assembly plants in 1989, which was just in time for the 1990 model year. Its first few models, the LS 400 and ES 250, proved to be hits. The brand immediately made a splash with its impeccable V8 engines and exceptional standard features. By keeping its prices somewhat lower than those of European luxury automakers, the Japanese automaker managed to snap up a lot of the business in that segment.

Customer Statistics

Top 5 Insurance Companies

Coverage Type

  • Geico
    9%
  • State Farm
    8%
  • Allstate
    7%
  • Progressive
    6%
  • AAA
    4%

Male Vs. Female (percent)

Average Age (years)

51 Female
49 Male
44

Credit Score

Education

Important Factors

  • Coverage options
    50%
  • Price
    35%
  • Customer service
    13%
  • You don't care, you just need car insurance
    3%

Mid-Range MSRPs have Strong Impact on Premiums

If one thing affects the cost to protect a vehicle, it's its price tag. Models that are on the pricier end of the scale tend to cost more to insure. This makes sense because such autos are more expensive to repair, so they result in more expensive claims. They tend to be more expensive than regular cars, but they are still much cheaper than many European luxury offerings. The IS 250, for instance, has a starting MSRP of $33,595. The IS 350's starting MSRP is $40,020 while the IS F has a price tag that starts at just over $60,000.

Strong Safety Ratings Mitigate Premiums

Lexus models would be even more expensive to cover if they weren't so safe. In general, they have strong safety ratings. The Insurance Institute for Highway Safety, or IIHS, has awarded the IS 250 a perfect score of "Good" in nearly every category; there are a few second-best "Acceptable" ratings sprinkled in too. The IS 350 has the same types of ratings, so it's very safe. Safety ratings are not available for the IS F, but it is loaded with a bevy of standard safety features.

Low Theft Rates Lower Policy Rates Too

The more likely an automobile is to be stolen the more expensive it is to cover with a decent policy. Fortunately, they aren't popular targets for thieves. On lists that are compiled by the National Insurance Crime Bureau, or NICB, there isn't a single Lexus. That is true for the nationwide top-ten list and for top-ten lists for each of the fifty states. If you decide to buy one, you don't have to worry too much about it being stolen.

The average cost to cover popular models is as follows:

  • IS 250 6-Cylinder Sedan - $1,510.00
  • IS 350 6-Cylinder Sedan - $1,591.00
  • IS F 8-Cylinder Sedan - $1,986.00

Lexuss For Sale

Are you looking to purchase a Lexus vehicle and want to know how much it will cost to insure before the big purchase? Start by browsing our comprehensive vehicle inventory.

Make:
Model:
Zip:
 
[X] (click to close)