Lexus GS 300 Insurance Rates

The average auto insurance rates for a Lexus GS 300 are $1,516 annually including full coverage. Comprehensive costs approximately $376 a year, collision insurance costs $688, and liability costs around $316. Buying just liability costs as low as $376 a year, and insurance for high-risk drivers costs around $3,276. Teen drivers cost the most to insure at up to $5,386 a year.

Average premium for full coverage: $1,516

Policy rates by type of insurance:

Estimates include $500 policy deductibles, 30/60 split liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and GS 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on car insurance prices. Rural locations are shown to have fewer comprehensive and collision claims than larger metro areas. The diagram below illustrates how your location can change auto insurance prices.

The examples above highlight why it is important to compare prices using their specific location and their own personal driving habits, instead of using price averages.

Use the form below to get customized rates for your location.

More Rate Details

The chart below breaks down average Lexus GS 300 insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $853
• Using higher $1,000 deductibles will save $1,274 every year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,516
• Choosing low $100 deductibles for physical damage coverage will cost $1,986
• Drivers with multiple violations and an at-fault accident could pay around $3,276
• Policy cost with full coverage for a teen driver can cost $5,386 or more

View Chart as Image

Insurance rates for a Lexus GS 300 also range considerably based on the model year and trim level, your driving characteristics, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high physical damage deductibles may pay as little as $1,400 a year, or $117 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they can expect to pay in the ballpark of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying anywhere from $1,800 to $2,400 extra every year, depending on your age. A high-risk auto insurance policy can be as much as 45% to 133% more than average. View High Risk Driver Rates

Choosing high deductibles could cut rates by as much as $720 every year, while buying higher liability limits will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $285 more per year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Lexus GS 300 insurance prices. A driver around age 40 might see rates as low as $1,160 a year in states like Vermont, New Hampshire, and Missouri, or as much as $2,160 on average in Louisiana, New York, and Michigan.

View Chart as Image

How to Buy Low Cost Lexus GS 300 Insurance

Finding cheaper rates on car insurance requires being a good driver, having a good credit history, paying for small claims out-of-pocket, and possibly raising deductibles. Invest the time to shop around at least every other year by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The following list is a review of the car insurance concepts illustrated above.

• Higher risk drivers who have several accidents or serious violations may have to pay on average $1,760 more per year than a safer driver
• You may be able to save around $190 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $700 each year
• Policyholders who purchase an increased level of liability coverage will pay about $350 per year to increase from a 30/60 limit to higher 250/500 limits