- It costs more to insure a Lexus LC than the average car.
- Liability auto insurance for a LC averages around $55 a month, while full coverage generally comes in at about $261.
- The lowest insurance carrier for a LC is Dairyland, who offers liability only coverage for sometimes as cheap as $41 monthly, on average.
In This Article
The Lexus LC is a high-end vehicle that is more expensive than your average car, with a base price of $92,950 for 2021 models. With two different trim levels currently offered, you'll drive off the dealership lot in style.
We ran through thousands of car insurance quotes on Compare.com, and we've found that Lexus LC auto insurance rates run around $214 per month, on average. But how does that fare against its competitors?
|Current Base Price||$92,950|
|Trim Levels||500, 500H|
|Average Insurance Premium||$214/mo.|
|Cheapest Insurance Company||Dairyland|
How Much is Car Insurance for a Lexus LC?
|Vehicle||Liability Only||Full Coverage|
|All Lexus Models||$79||$173|
|Average Insurance Premium||$81||$169|
Looking at the table above, you'll find that when you compare the Lexus LC to other vehicles, insurance prices are more expensive than average. On average, LC owners will pay about $261 a month for full coverage, which has comprehensive and collision coverages in addition to liability, and about $55 monthly for liability only insurance (our guide, "State Minimum vs. Full Coverage", can give you more information on these different types of insurance).
Comparing it to other models, the LC is more expensive, with premiums around 51% higher than the other vehicle types offered by Lexus. Compared to offerings from other brands, insurance for a LC runs close to average, with full coverage insurance prices coming in at 47% higher than other cars and liability insurance rates at 34% cheaper.
When compared to all vehicles, regardless of body style, model, or make, the LC is less expensive for liability only car insurance, but full coverage premiums are more expensive on average.
Who has the Cheapest Car Insurance for a Lexus LC?
|Insurance Company||Average Monthly Premium|
Searching for a car insurance policy for your Lexus LC? You might be most interested in which company offers the lowest premiums. Although costs will normally be pretty different from driver to driver, the most affordable average rates for liability only insurance are as cheap as just $41 per month from Dairyland. The next cheapest carrier is Amica, who offers insurance as little as $45 a month.
Mercury, Workmens, and PlymouthRockNJ round out the rest of the top 5 list. However, just because these five companies offer the lowest average rates doesn't necessarily mean they'll be the cheapest carriers for you and your unique insurance profile.
After all, your results might be different, since auto insurance companies look at a lot of different factors when calculating premiums. Since every driver is different, there's only one way to make sure you get the lowest premiums, and that's by getting personalized quotes and comparing rates from a variety of car insurance carriers.
What Factors Affect Car Insurance Rates for a Lexus LC?
There are numerous things that auto insurance companies look at to determine how much to charge for insurance -- and every company weighs certain factors more than others, so there's not a single carrier that's the most affordable for everyone.
The sections below show a bunch of variables car insurance carriers use to decide rates:
|Vehicle Age||Average Monthly Premium|
|Less than 1 Year||$61|
|4-5 Years||Not Enough Data|
|6-7 Years||Not Enough Data|
|8-10 Years||Not Enough Data|
|11-14 Years||Not Enough Data|
|15 Years or Older||Not Enough Data|
Since the Lexus LC has only been around for two or three model years, vehicle age won't affect your premium in the same way it might for other vehicles. Normally, it costs less to insure older cars because they're worth less than newer models, and as time goes on and LCs begin to depreciate, insurance costs will gradually get lower.
Next year, we'll have a better idea of the differences in rates for each model year, but for now we see that a LC less than one year old will be around between $44 and $61 monthly to insure.
|Age||Average Monthly Premium|
Age is another variable that makes a difference in how much auto insurance companies will charge you for insurance. Because the Lexus LC is pretty new to the market, we're just starting to collect data on how age is affecting car insurance prices. So far, based on the table above, older LC drivers have cheaper premiums compared to younger drivers.
Auto insurance prices continue to go lower as you get older, with drivers aged 65 years and older making up the cheapest age group for the LC.
|Gender||Average Monthly Premium|
Because women are less likely to get tickets and get into collisions, they are less likely to file a claim with insurance. So, insurance carriers will tend to charge women less than men.
Where You Live
|State||Average Monthly Premium|
You might already know that factors like what vehicle you drive and how old you are play a role in your auto insurance rates, but you may not realize that where you live has just as much of an impact. Since insurance is regulated at the state level, prices shift quite a bit depending on which state you call home.
Because the LC is a relatively new vehicle, our state data is somewhat limited. Even so, you can see in the table above that rates can vary quite a bit from one state to the next.
Lexus LC Car Insurance Discounts
Regardless of how old you are, what car you drive, or what state you live in, it's always the smart move to take advantage of as many car insurance discounts as possible when shopping around for a policy.
Even though all auto insurance companies offer their own unique discounts, there are a few that you'll find with most insurers. These include discounts like:
- Multi-vehicle discounts for insuring more than one of your cars with the same company
- Pay-in-full discounts for choosing to pay your entire policy price at once, rather than in monthly installments
- Defensive driving discounts for drivers who take a defensive driving class through a certified school or institution
- Vehicle safety discounts for having a vehicle with higher safety ratings or one with certain safety features (like anti-lock brakes or air bags)
These are just a few of the discounts car insurance carriers offer, and sometimes, it's actually your insurance profile and driving record that get you the best rates.
Although you can't control every single aspect of your insurance profile (like some of the attributes we mentioned above), you can control some of it. Below are just a few of the ones you can use to your favor when it comes to saving cash:
Your Driving Record
|Infractions||Average Monthly Premium|
|1 Accident||Not Enough Data|
|1 Ticket||Not Enough Data|
|Multiple Tickets||Not Enough Data|
You've most likely heard ads from car insurance companies offering large discounts for good drivers. And you probably wouldn't be surprised that if you get cited for speeding or get into an accident, auto insurance premiums will increase. But exactly how much can it cost you for these infractions?
Unfortunately, we don't have enough data on file for Lexus LC drivers specifically, since it is a relatively new vehicle. However, we'll have a better idea of how much infractions will cost LC drivers when it comes to insurance as we see more and more of these on the road.
How Much You Drive
|Annual Mileage||Average Monthly Premium|
Another factor that impacts your car insurance rates is the amount of miles you drive each year. Those who drive less often are less likely to get tickets, so they'll typically get more affordable prices. Since the Lexus LC is a new car, our data is relatively limited, so we don't yet know how much annual driving distance will affect premiums. So far, the most expensive rates are offered to drivers who drive 0 - 2,500 miles every year.
But if you drive less often than the average driver or work from home, you might consider getting a usage-based or pay-per-mile auto insurance policy. With these policies, you pay a small monthly amount, and your final monthly bill is calculated based on how many miles you drove.
How Do Lexus LCs Compare to Other Vehicles?
If you're considering buying a Lexus LC, you might be wondering how it compares to other cars. Insurance is just one cost that's associated with a new car purchase, but it's certainly one that's worth taking into consideration.
Review the table below to see how the Lexus LC stacks up:
|Lexus LC||National Average|
|Full Coverage Insurance||$244||$169|
|Average Annual Mileage||6,421||11,617|
With an MSRP that's a quarter more than the going rate for a new vehicle, the Lexus LC is on the more expensive side when it comes to price. While the average vehicle price in the U.S. is $46,296, the LC comes in above that at $92,950.
Full coverage insurance for a Lexus LC is about $75 per month more than average, while liability only coverage is $16 cheaper a month.
When it comes to usage, Lexus LC drivers are much lower than the national average in annual miles driven, with 11,617 miles for all vehicles each year compared to the LC's 6,421 per year.
Lexus LC Car Insurance Costs by Model Year
You've seen how different things can have an impact on how much the average driver pays for insurance. If you're thinking about buying a new vehicle and the LC is one you're considering, knowing what you'll likely pay for the specific car you're looking at can be extremely helpful as you weigh your options and compare it to other vehicles on your shortlist.
2021 Lexus LC Car Insurance
|Liability Only Avg. Premium||$65|
|Full Coverage Avg. Premium||$244|
|Cheapest Insurance Company||PlymouthRockNJ - $65/mo.|
|Available Trims||500, 500H|
It costs around $65 monthly for liability or $244 for a full coverage policy for the 2021 LC.
PlymouthRockNJ offered the lowest policy we found, with rates as low as $65 per month.
If you're looking for a more exact figure on what you should pay for auto insurance for a 2021 Lexus LC, you can get free quotes in minutes by just entering your ZIP code below.
2019 Lexus LC Car Insurance
|Liability Only Avg. Premium||$58|
|Full Coverage Avg. Premium||$236|
|Cheapest Insurance Company||Mercury - $48/mo.|
|Available Trims||500, 500H|
The average cost to insure a 2019 Lexus LC with liability only coverage is $58 a month, while full coverage runs about $236 monthly.
With premiums sometimes as little as $48 per month, Mercury offered the cheapest policy we found for the 2019 Lexus LC.
If you want to know exactly how much you can expect to pay for your LC, just enter your ZIP code below and get several free quotes in minutes.
2018 Lexus LC Car Insurance
|Liability Only Avg. Premium||$50|
|Full Coverage Avg. Premium||$272|
|Cheapest Insurance Company||Amica - $41/mo.|
|Available Trims||500, 500H|
On average, drivers who own a 2018 LC can expect to pay $50 to $272 monthly for liability only and full coverage insurance, respectively.
With prices sometimes as low as $41 a month, Amica offered the most affordable policy we found.
Want to know just how much you'll pay? Get several free personalized quotes by just entering your ZIP code below.
Lexus LC Insurance FAQs
Is a Lexus LC expensive to insure?
Liability insurance runs an average of $55 per month, while full coverage will cost you around $261. Compared to the national average of all cars, premiums come in on the more expensive end of the spectrum.
How can I get the best price on car insurance for my Lexus LC?
There's only one way to make sure you're getting the cheapest rates -- checking prices regularly and comparing quotes from many carriers. Over time, your driver profile changes, which could change your rates, so it's recommended that you get quotes every 6 months or so. Luckily, sites like Compare.com let you compare rates from lots of companies at once, meaning you can find the lowest rates (or guarantee you already have the best deal) in just a few minutes.
Does the color of my Lexus LC affect my insurance prices?
You've probably heard the old adage that red cars cost more to insure than cars of other colors, but that's just a myth. Even though there are many variables auto insurance carriers look at when they calculate how much your policy will be, your car's color is not factored into that decision.
Do I need to have insurance before I buy a Lexus LC?
You'll need to have valid insurance for your LC before you can legally drive your it off the dealership lot. Some dealerships will offer you an auto insurance policy as part of the buying process, but it's best to let your car insurance carrier know ahead of time.
What car insurance discounts can I get for my Lexus LC?
There are many different discounts out there when it comes to auto insurance. Many of them (like "safe driver discounts" and "multi-policy discounts") are based less on your Lexus LC and more on you, but if your LC has safety features like anti-lock brakes, anti-theft systems, airbags, and other features, it may be eligible for certain discounts. The only way to find out which discounts you might get is to contact your insurance company and ask about their list of discounts, since they change quite a bit from company to company.