Car insurance for Lexus

Factors that impact insurance costs

• Why is Lexus insurance so high?

  Lexus insurance costs more because Lexus is a luxury brand, meaning that its models are worth more — and thus cost insurers more to repair — than standard mass-market passenger vehicles. In particular, a primary cost driver for luxury vehicles is the high level of tech present even in base models: heated seats, power-adjustable steering wheels and advanced driver aids all rely on complex electronic components all add to the cost of repairs and insurance.

• Which luxury car is cheapest to insure?

  In Bankrate's analysis of the cost differential between luxury and mass-market cars, the Acura RDX emerged as one of the cheapest luxury vehicles to insure, at just $204 per month for full coverage. Acura and Lexus vehicles tend to be cheaper to insure than many luxury vehicles because they are available at lower price points and emphasize safety more than many luxury brands.

• What is the cheapest Lexus to insure?

  Of the Lexus models Bankrate analyzed, the Lexus NX 250 is among the cheapest to insure at $223 per month for full coverage and $66 per month for state minimum coverage.

Methodology

Bankrate utilizes Quadrant Information Services to analyze September 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates for our base profile are based on the following characteristics and full coverage limits with bundling and paperless billing discounts applied:

40 year old

Single male and female driver

2023 Toyota Camry

Primary vehicle

Good credit score

Clean driving record

Commutes 5 days

Bodily injury liability

$100,000 per person
$300,000 per accident

Property damage liability

$50,000 per accident

Personal injury protection

$100,000 per accident

Uninsured motorist bodily injury

$100,000 per person
$300,000 per accident

Collision deductible

$500

Comprehensive deductible

$500

• Credit-based insurance scores:

  Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan. 

   

• Incidents:

  Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

• Mileage:

  Rates were calculated by evaluating our base profile with the following differences in mileage: 2K, 5K, 12K (base), 15K and 20K.

• Model:

  Unless otherwise stated, rates are for 2023 vehicle models. For new vs used vehicles, we included the following year in our calculations: 2013.

• Age:

  Rates were calculated by evaluating our base profile with the ages 18-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations. For teen drivers, rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy. 

• Gender:

  The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.

• Status:

  Rates were evaluated based on the following marital/family status: single (base), married, 40-year-old married man and woman. Marital status is not a rating factor in Hawaii and Massachusetts.