Buy Cheap Lexus GS 350 Auto Insurance in 2024
If you want to buy cheap Lexus GS 350 insurance coverage then you should know that a policy will cost $130 per month ($1,558 per year) on average. Mature drivers with good driving records may find rates as low as $916 a year.
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Tim Bain
Licensed Insurance Agent
Tim Bain is a licensed insurance agent with 23 years of experience helping people protect their families and businesses with the best insurance coverage to meet their needs. His insurance expertise has been featured in several publications, including Investopedia and eFinancial. He also does digital marking and analysis for KPS/3, a communications and marking firm located in Nevada.
Licensed Insurance Agent
UPDATED: Jan 27, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our auto insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different auto insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jan 27, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our auto insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different auto insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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Key takeaways:
- Full coverage costs around $1,558 a year or $130 each month
- A liability-only policy costs around $625 a year or $52 each month
- Highest rates are for teenage drivers at around $5,694 a year or $475 each month
- Good drivers can save as much as $642 a year by earning policy discounts
- Lexus GS 350 insurance costs around $39 more per year than the average vehicle
Do Lexus GS 350 insurance rates keep you up at night? There’s good news. Drivers can save as much as $642 a year by earning policy discounts, and all it takes is a little research and a quick quote tool. Learn more about insurance rates for a Lexus GS 350 and how to save in our comprehensive guide.
You can start comparing quotes for Lexus GS 350 car insurance rates from some of the best car insurance companies by using our free online tool now.
How Much Should I Pay for Lexus GS 350 Insurance?
The average Lexus GS 350 auto insurance policies cost $1,558 a year or $130 a month. Prices vary based on driver history, whether you choose a base trim or premium package, and more. One of the easiest ways to know if you’re getting a fair price is by comparing multiple auto insurance quotes. Make sure to put in as much detail as possible from mileage to year and color. Does it have an aluminum trim? Did you sign up for the luxury package? Did you get premium wheels? Even seemingly small things make a difference in pricing. In some cases, you can decide if you want to add extra insurance for additional features.
When you also match up the coverage amounts, you can see what’s really being offered. Paying $200 less per year for liability coverage without collision isn’t the same as identical coverages with a $200 difference in the premium.
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How Do Lexus GS 350 Rates Compare to a Mercedes-Benz E-Class?
The cost of insurance coverage for a Mercedes-Benz E Class can be comparable to the Lexus GS 350 or other midsize luxury sedan models. The chart below details how Lexus GS 350 insurance rates compare to other luxury cars like the Audi A4, Audi S8, and Lexus GS 300.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Lexus GS 350 | $370 | $714 | $338 | $1,558 |
| Audi A4 | $332 | $656 | $398 | $1,544 |
| Audi S8 | $658 | $1368 | $398 | $2,582 |
| Lexus GS 300 | $344 | $656 | $338 | $1,474 |
| Lexus ES 350 | $362 | $656 | $316 | $1,470 |
| Jaguar XE | $382 | $774 | $398 | $1,712 |
| BMW M3 | $406 | $804 | $398 | $1,766 |
If you’re still deciding what kind of car you want, insurance is only one factor. Things like a good pre-collision system can save you money on your auto insurance. The good news is these types of systems have become standard in most newer vehicles. Whether you’re buying a midsize sedan or full-size SUV, things like mpg highway and core functionality affect your everyday driving experience. It’s often better to choose the car you want and then compare different insurance policies to find the one that makes sense for you.
There are a few things you can do to find the cheapest Lexus insurance rates online.
How Can You Get the Best Rates on Luxury Auto Insurance?
One of the most obvious factors when pricing luxury auto insurance is the trim. Are you buying the base trim, a premium package, or something in between? Do you want features like adaptive suspension or hybrid models you might see in Motor Trend? If the car costs more, insurance does too in most cases. Insurers take into account other factors as well.
Age of the Vehicle
A used car with 12,895-130,758 miles is going to cost less to insure than a brand new Lexus driving off the lot today. Wear and tear, depreciation, and outdated features all play into this. How much this affects rates depends on how much the car depreciates each year. For example, car insurance for a 2018 Lexus GS 350 costs $1,558, while a 2010 Lexus GS 350 insurance costs are $1,226, a difference of $332. You should also look at the previous model. Does it have the same basic body shape? If the car remains largely unchanged, the market value is also more likely to stay high, which can affect your insurance rates.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2018 Lexus GS 350 | $370 | $714 | $338 | $1,558 |
| 2017 Lexus GS 350 | $356 | $698 | $354 | $1,544 |
| 2016 Lexus GS 350 | $344 | $668 | $364 | $1,512 |
| 2015 Lexus GS 350 | $326 | $646 | $376 | $1,484 |
| 2014 Lexus GS 350 | $312 | $598 | $384 | $1,430 |
| 2013 Lexus GS 350 | $300 | $564 | $388 | $1,388 |
| 2011 Lexus GS 350 | $270 | $466 | $390 | $1,262 |
| 2010 Lexus GS 350 | $260 | $436 | $394 | $1,226 |
Driver Age
Driver age can have a significant impact on Lexus GS 350 auto insurance rates. For instance, a 30-year-old driver may pay $69 more each year for Lexus GS 350 auto insurance than a 40-year-old driver because of experience (or lack thereof). Likewise, seniors often pay more because with age comes slower reflexes and higher risk.
Driver Location
Where you live can have a large impact on car insurance rates. For example, drivers in New York may pay $951 a year more than drivers in Seattle. If you live in Chicago, resale might be higher affecting replacement cost if you have heated seats while carriers in Hawaii wouldn’t see a difference.
Your Driving Record
The effects of driving record are combined with age and other factors to determine price. Drivers in their teens and 20’s see the highest jump in their auto insurance rates any time they have a new violation. If you have a clean record, rates go down more with age and experience.
What are Lexus GS 350 Safety Ratings and Features?
When looking for ways to save on car expenses, we often think of things like fuel economy. If you’re trying to get the best deal on auto insurance, think about an enhanced safety accessory package. This goes beyond passing a safety inspection. Things like brake assist, lane departure warnings, and other active safety features are key for the best prices. Auto insurers often consider the following for every car:
| Test Type | Rating |
| Small overlap front: driver-side | N/R |
|---|---|
| Small overlap front: passenger-side | N/R |
| Moderate overlap front | N/R |
| Side | N/R |
| Roof strength | N/R |
| Head restraints and seats | N/R |
| Source: Insurance Institute for Highway Safety | |
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What are the crash test ratings?
This goes hand in hand with active safety features. One of the great things about a Lexus GS 350 is the crash test ratings. A Lexus is built to take the bulk of the impact in an accident, protecting passengers from serious injury. Insurance policies cost less when the likelihood of accident-related medical bills goes down.
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 Lexus GS 350 4 DR RWD | N/R | N/R | N/R | N/R |
| 2020 Lexus GS 350 4 DR AWD | N/R | N/R | N/R | N/R |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
What are Lexus GS 350 safety features?
The more safety features you have on your Lexus GS 350, the more likely it is that you can earn a discount. The Lexus GS 350’s safety features include:
- Electronic Stability Control (ESC)
- ABS And Driveline Traction Control
- Side Impact Beams
- Dual Stage Driver And Passenger Seat-Mounted Side Airbags
- Safety Connect Emergency Sos
- Blind Spot Sensor
- Rear Collision Warning
- Low Tire Pressure Warning
- Dual Stage Driver And Passenger Front Airbags
- Curtain 1st And 2nd Row Airbags
- Airbag Occupancy Sensor
- Driver And Passenger Knee Airbag and Rear Side-Impact Airbag
- Rear Child Safety Locks
- First Aid Kit
- Outboard Front Lap And Shoulder Safety Belts
- Back-Up Camera
Read more: How much does it cost to replace an airbag?
What is the Lexus GS 350 insurance loss probability?
Another contributing factor that affects Lexus GS 350 car insurance rates is the loss probability for each type of coverage.
| Insurance Coverage Category | Loss Rate |
| Collision | 60% |
|---|---|
| Property Damage | -22% |
| Comprehensive | 90% |
| Personal Injury | -19% |
| Medical Payment | 7% |
| Bodily Injury | -21% |
| Source: Insurance Institute for Highway Safety | |
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What Kind of Finance and Insurance Cost Should Drivers Expect?
If you are financing a Lexus GS 350, most lenders will require your carry higher Lexus GS 350 coverages including comprehensive coverage, so be sure to compare Lexus GS 350 car insurance rates from the best companies using our FREE tool below.
How Can Drivers Save on Lexus GS 350 Insurance?
You can save more money on your Lexus GS 350 auto insurance rates by employing any of the following five strategies.
- Ask About Loyalty Discounts
- Start Searching for New Lexus GS 350 Car Insurance a Month Before Your Renewal
- Understand that Insurance Companies Can’t Change Your Lexus GS 350 Auto Insurance Rate Mid-Term Based on Changes to Your Credit Score
- Take a Defensive Driving Class to Improve Your Driving Skills
- Understand that Your Insurer Can Change Your Lexus GS 350 Auto Insurance Rates Mid-Term for Other Reasons
- Watch Your Tire Condition and Replace Them When Balding or Flat
- Change Out Your Brake Pads and Maintain Your Car Regularly to Avoid Accidents
What are the top Lexus GS 350 insurance companies?
Who is the top car insurance company for Lexus GS 350 insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering Lexus GS 350 auto insurance coverage (ordered by market share). Many of these companies offer discounts for security systems and other safety features that the Lexus GS 350 offers.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | Geico | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
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How can you compare free Lexus GS 350 insurance quotes online?
Save money by comparing Lexus GS 350 insurance rates with free quotes online now!
Frequently Asked Questions
How can I find cheap auto insurance for a Lexus GS 350 in 2023?
To find cheap auto insurance for your Lexus GS 350 in 2023, you can follow these four steps:
- Shop around and compare quotes from different insurance providers.
- Maintain a clean driving record with no accidents or traffic violations.
- Consider increasing your deductibles, but make sure you can afford them in case of a claim.
- Ask about discounts for safety features, anti-theft devices, or bundling your insurance policies.
What factors can affect the cost of auto insurance for a Lexus GS 350?
Here are the five factors that can impact the cost of auto insurance for a Lexus GS 350, including:
- Your driving record
- Your location
- Your age and gender
- Coverage and deductibles
- Vehicle model and features
Are there any specific insurance discounts available for a Lexus GS 350?
Yes, you may be qualified for various insurance reductions for your Lexus GS 350; the four most common discounts are as follows:
- Safety features discount
- Anti-theft device discount
- Multi-policy discount
- Good driver discount
Can I buy only the minimum required insurance coverage for my Lexus GS 350?
The minimum required insurance coverage for your Lexus GS 350 may vary depending on your location and local regulations. However, it’s essential to consider your needs and risks adequately. While minimum coverage may be cheaper, it may not provide sufficient protection in the event of a significant accident or damage. It’s recommended to assess your individual circumstances and consider additional coverage options to ensure adequate protection.
Are there any ways to lower my insurance costs in addition to finding cheap quotes?
Yes, here are the four additional ways to potentially lower your insurance costs:
- Maintain a good credit score
- Drive responsibly
- Take a defensive driving course
- Review your coverage annually
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Tim Bain
Licensed Insurance Agent
Tim Bain is a licensed insurance agent with 23 years of experience helping people protect their families and businesses with the best insurance coverage to meet their needs. His insurance expertise has been featured in several publications, including Investopedia and eFinancial. He also does digital marking and analysis for KPS/3, a communications and marking firm located in Nevada.
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.