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On average, Lexus drivers save hundreds of dollars per year by comparing quotes with us.

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What our users say:

March 31
Customer experience was great
Customer experience was great, the agent had all my information and transferred ...
William Douglas
March 31
Great communication
Great communication, quick service.
STEPHEN Lastname
March 29
Contacting back
Contacting back
Leslie Castor
March 29
Friendly fast service
Friendly fast service
Brian Maxwell
March 28
fast and efficiant
fast and efficiant
Robert Lutala Lastname
March 28
The representative was very helpful & knowledgeable
The representative was very helpful
Arun Manchanda
March 27
Awesome Experience
They were helpful and gave me what I needed in order to get the quote and then t...
TERISA Brooks
March 27
Smoothe as silk
Smoothe as silk. Knew what I wanted right away. Not a second wasted.
Mike
March 26
Cassie is a fantastic representative…
Cassie is a fantastic representative she got back to me and covered all the deta...
Alex Stevens
March 25
Had a great experience as of now
Had a great experience as of now Always trying to help me
R.C.
March 24
The representatives are fantastic
The representatives are fantastic. Excellent experience!!
Kelsi MacIsaac
March 23
The people
The people. Polite, knowledgeable and had a customer service attitude.
David Campbell
March 22
Great Rate
Perfect at finding great rate. Only negative would be the wait time in the phone...
Ron Beauchamp
March 21
Efficiency and Trust worthy
Efficiency and Trust worthy, Excellent customer care and hardworking staffs.
Randy Nyeche woluchor
March 20
EXcellent service while obtaining quote
EXcellent service while obtaining quote
harvey scott
March 18
Useful information can be found
Useful information can be found
Sadoum Tim
March 18
Very helpful and friendly.
Very helpful and friendly.
Larry Haynes

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Lexus auto insurance: what you need to know.

If you’re looking for insurance for your Lexus, look no further. Here, we outline everything you need to know about the luxury brand produced by Japanese auto manufacturer Toyota.

Comparison shopping from among a range of insurance companies is the crucial first step. It’s an approach that drivers in Canada seeking insurance for a Lexus benefit from as well.

Start with a quote: in less than three minutes, LowestRate.ca’s free online tool will provide rates from more than 50+ Canadian insurance providers.

When it comes to setting rates, they try to gauge the level of risk associated with each application.

Insurance companies want to know:

In general, cars with higher safety ratings are less expensive to insure because insurance companies believe drivers will be less likely to make a claim. On the other hand, luxury or performance vehicles can be considered less safe, and as a result, are often more expensive to insure.

When you’re looking for the best car insurance for your Lexus, you should know it’s regarded as a luxury vehicle brand.

While it’s true that some models have strong safety ratings, Lexus vehicles are designed primarily for performance.

How much is insurance for a Lexus?

Calculating the average insurance cost for any car model is tricky because of how many variables go into determining rates.

Insurance companies look at a combination of factors—some related to the type of vehicle being insured, others related to risks associated with the driver.

Below are a few estimated premiums to give you a sense of the average cost for Lexus insurance.

Estimated Premium

Front view of a car. Illustration.

See how our customers with collision coverage save big on auto insurance.

CustomerLocationVehicleLowest rateAverage rateSaved
Quote from April 01, 2025
Customer
Male, 49 years old
Location
ontario
Vehicle
2006 LEXUS IS 250 4DR AWD
Lowest Rate
$317/mth
$3,799/yr
Average Rate
$646/mth
$7,755/yr
Saved
$330/mth
51.01%
Quote from April 01, 2025
Customer
Female, 46 years old
Location
alberta
Vehicle
2016 LEXUS NX200T 4DR AWD
Lowest Rate
$110/mth
$1,314/yr
Average Rate
$375/mth
$4,497/yr
Saved
$265/mth
70.78%
Quote from April 01, 2025
Customer
Male, 36 years old
Location
ontario
Vehicle
2008 LEXUS RX350 4DR AWD
Lowest Rate
$229/mth
$2,744/yr
Average Rate
$372/mth
$4,463/yr
Saved
$143/mth
38.52%

Auto insurance quotes are compared from CAA, Coachman Insurance Company, Economical Insurance, Gore Mutual, Pafco, Pembridge, SGI, Travelers, Zenith Insurance Company

Your questions about Lexus car insurance rates, answered.

What is the cheapest Lexus to insure?

Lexus has a full line-up of luxury vehicles distributed across more than 90 countries, including the following models:

  • Hybrid
  • Sportscar
  • Performance

When it comes to luxury vehicle design, performance can be prioritized over safety. This can result in performance vehicles being more expensive to insure. Insurance companies may charge more to cover vehicles with powerful engines capable of accelerating to above-average speeds.

If you have a luxury vehicle, safety-enhancing features can help bring down the cost of your insurance. For example, Lexus insurance costs can be offset if the model is outfitted with safety features such as back-up cameras, adaptive cruise control or rollover prevention systems.

While it might be harder to find cheap Lexus car insurance, drivers can also reduce their costs by comparison shopping and customizing their policies so their coverage aligns with how they use their vehicles.

When seeking insurance for your Lexus, a broker will answer any of your questions. They’ll also review various Lexus insurance policies with you, offering valuable insights about each coverage type.

Used vs. new Lexus: which is cheaper to insure?

Vehicle insurance for a new Lexus is often more expensive than for a used one. This is partly because the cost of repairing or replacing a newer model tends to be higher.

Insurance rates for new Lexuses can also be higher if you opt for replacement cost coverage which allows that your vehicle (the same make and model) be replaced, if it’s deemed a total loss.

If you’re looking for car insurance for a used Lexus, make sure you research any claims associated with it.

While insurance companies are often most concerned about the driver’s history, it’s important to be aware if the vehicle was damaged in a collision before you owned it. If it was, you could be on the hook for any future repair costs.

Any previous insurance claims for a used Lexus can be verified on the Insurance Bureau of Canada website. Use their free Verify Vin service to see if a car has previously been reported as flood-damaged or not road-worthy by an IBC insurance company partner.

What is the best car insurance for a Lexus?

In Canada, car insurance coverage varies by province. For example, in Ontario, at a minimum, your coverage must include third-party liability, accident benefits, direct compensation-property damage coverage (DCPD) and uninsured automobile coverage.

Any type of coverage beyond that — collision and comprehensive insurance, for example — is optional.

To get the best car insurance rates for your Lexus, tailor your policy so that you’re only paying for the coverage you need. You may have previously paid for coverages you no longer need.

Our free online quote tool will give you a sense of available insurance products and rates.

How car insurance quotes for Lexus are calculated

Our free online tool will offer you quotes for Lexus car insurance from more than 50+ insurance providers across Canada.

In less than three minutes, our partners consider the details of your application and offer you competitive quotes, including discounts.

Insurance companies most closely consider the following key variables:

  • Driver details, including age, gender, location, driving history
  • Vehicle details, including vehicle type, age, safety
  • Coverage type, including amounts, deductibles and limits

Comparison shopping will inspire you to review your Lexus insurance and assess if you have coverage that still aligns with how you’re using your vehicle.

You could be paying for coverage you no longer need.

How can I reduce my car insurance rate for my Lexus?

There are several ways to reduce your car insurance rates. It’s important to comparison shop every year because the variables that affect your specific rate will change as well. Consider the following details and how they may relate to your rate:

  • Age: As drivers age, their premiums go down in large part because they can reflect more experience driving.
  • Bundling: Drivers who package more than one policy with a single insurance company may be eligible for savings.
  • Clean driving record: Insurance companies often recognize drivers with clean driving records with favourable rates.
  • Credit score: In some provinces, drivers who opt to have their credit score considered as part of their insurance application may be eligible for savings.
  • Raising your deductible: Drivers willing to pay a higher deductible may be able to reduce their premiums. However, it’s important that drivers only do so if they’re confident they can afford to pay a higher deductible in the event of damage.
  • Telematic programs: Drivers who opt into telematics programs that track their driving behaviour may be eligible for savings. Insurance companies can personalize your premiums based on your driving behaviour.

If you’re seeking Lexus insurance for a young driver, you may be able to reduce your insurance costs by being insured on a parent’s policy.

Taking a driving course can also help bring down a rate. Some schools and alumni associations also offer discounts to students who maintain good grades.

Is it safe to buy Lexus insurance online?

Yes, buying Lexus insurance coverage online is fast and safe. Our free online tool will provide quotes from more than 50+ Canadian insurance providers. 

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