Key Facts About Insuring a Lexus in Ontario
The figures below are based on MyChoice’s proprietary online quote data collected from Lexus drivers in Ontario in 2026.
| Average Lexus insurance premium (Ontario): | $2,206 |
| Cheapest Lexus model to insure: | UX ($1,853) |
| Most expensive Lexus model to insure: | RC ($2,647) |
| Cheaper alternatives to Lexus for car insurance: | Mitsubishi ($1,519), Fiat ($1,612), Volkswagen ($1,644), Subaru ($1,702) |
| Lexus collision rate in Ontario: | 10.8% of Lexus drivers have ≥1 at-fault accident |
How Much Does it Cost to Insure Your Lexus in Ontario?
Your postal code is one of the biggest factors in a Lexus premium. In congested, high-theft areas like Markham, Lexus drivers pay far more than the $2,206 provincial average, whereas quieter centres such as Kingston see noticeably lower rates.
The table below estimates the average annual Lexus premium in major Ontario cities:
| City | Average Annual Insurance Premium |
|---|---|
| Brampton, ON | $3,592 |
| Scarborough, ON | $3,153 |
| Vaughan, ON | $2,799 |
| Mississauga, ON | $2,581 |
| Markham, ON | $2,446 |
| Toronto, ON | $2,430 |
| Barrie, ON | $2,191 |
| Oshawa, ON | $2,190 |
| London, ON | $2,108 |
| Windsor, ON | $2,105 |
| Thunder Bay, ON | $2,103 |
| Hamilton, ON | $1,934 |
| Sudbury, ON | $1,906 |
| Kitchener, ON | $1,873 |
| Kingston, ON | $1,799 |
| Ottawa, ON | $1,739 |
How Lexus Car Insurance Costs Compare to Similar Vehicle Brands
Insurance cost is often a deciding factor when shopping across brands. Our internal Ontario quote data places Lexus in a moderate price band: it typically costs more to insure than Nissan, Mini, Hyundai, yet less than Toyota, Volvo, Honda.
Here’s how the average annual Ontario premiums stack up:
| Car Model | Average Annual Insurance Premium |
|---|---|
| Nissan | $2,113 |
| Mini | $2,122 |
| Hyundai | $2,181 |
| Lexus | $2,206 |
| Toyota | $2,209 |
| Volvo | $2,227 |
| Honda | $2,237 |
Lexus Car Insurance Rates Through The Years
While Lexus car insurance premiums have generally increased since 2020, drivers experienced a slight decline in 2023 before rates resumed their upward trajectory.
| Year | Average Annual Insurance Premium | YoY Change |
|---|---|---|
| 2020 | $1,852 | — |
| 2021 | $1,934 | +4.4% |
| 2022 | $2,037 | +5.3% |
| 2023 | $2,005 | -1.6% |
| 2024 | $2,105 | +5.0% |
| 2025 | $2,195 | +4.3% |
| 2026 | $2,206 | +0.5% |
Lexus Car Insurance Rates by Model & Year Make
Not every Lexus costs the same to insure. In our Ontario data the UX is the most affordable to cover, while the RC carries the highest premium, reflecting differences in value, repair cost and theft risk.
Here are average annual Ontario premiums by Lexus model:
| Model | Average Annual Insurance Premium |
|---|---|
| UX | $1,853 |
| RX 350 | $2,007 |
| ES | $2,030 |
| NX | $2,140 |
| GX | $2,250 |
| IS | $2,581 |
| RC | $2,647 |
Most Popular Lexus Vehicles
Lexus vehicles are a popular choice nationwide. As these cars are associated with luxury and high living, many consider them to be status symbols. Some Canadians like the sports coupe Lexus varieties, and use these beauties as summer cars.
However, given the rough weather, many prefer the newer sports utility vehicles. In fact, two of the most popular Lexus models in Canada happen to be SUVs.
Lexus Insurance FAQs
Which Lexus model is the least expensive to insure?
The Lexus UX is the least expensive model to insure in Ontario, with an annual average premium of $1,853.
Do Lexus vehicles have a good safety rating?
Lexus currently has a good safety rating, which is why even though they make luxury sports coupes, Lexus car insurance is reasonable, but that’s a recent development.