Lexus GS 300 Insurance Rates

Average insurance prices for a Lexus GS 300 are $1,516 every 12 months including full coverage. Comprehensive insurance costs around $376 a year, collision insurance costs $688, and liability is $316. A liability-only policy costs around $376 a year, and high-risk insurance costs $3,276 or more. Teens receive the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Rate estimates for individual coverage type:

Rate estimates include $500 physical damage insurance deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 U.S. states and GS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can make a big difference on the price of insurance. Areas with sparse population tend to have more infrequent comprehensive and collision claims than cities with more traffic congestion. The diagram below illustrates how location impacts auto insurance rates.

These examples highlight why it is important to compare rates quotes for a specific zip code and their own driving history, instead of making a decision based on averaged prices.

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

Additional Rate Details

The chart below breaks down average Lexus GS 300 insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $853
• Raising to $1,000 deductibles will save about $1,274 every year
• The average price for a 40-year-old driver using $500 deductibles is $1,516
• Selecting low $100 deductibles costs an extra $470 annually
• Drivers with serious driving violations could pay at least $3,276
• The cost to insure a 16-year-old driver can be $5,386

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Insurance rates for a Lexus GS 300 can also vary considerably based on policy deductibles and limits, your driving characteristics, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $720 annually, while buying higher liability limits will increase rates. Changing from a 50/100 liability limit to a 250/500 limit will cost as much as $285 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as low as $1,400 every 12 months on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers can expect to pay as much as $5,300 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are likely paying at least $1,800 to $2,400 extra per year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 45% to 133% more than the average policy. View High Risk Driver Rates

Where you live also has a big influence on Lexus GS 300 insurance prices. A middle-age driver might find rates as low as $1,160 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $2,160 on average in Michigan, New York, and Louisiana.

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How to Shop for the Best Lexus GS 300 Insurance

Saving money on insurance for a Lexus GS 300 consists of being a low-risk driver, having good credit, not filing small claims, and dropping full coverage on older vehicles. Spend time shopping around at least once a year by getting rate quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The items below are a brief recap of the primary concepts that were touched on above.

• You may be able to save up to $190 per year just by quoting early and online
• Drivers considered higher risk who tend to receive serious violations could be forced to pay on average $1,760 more every year to insure their GS 300
• Increasing deductibles could save as much as $700 each year
• Teen drivers pay higher rates, as much as $449 per month if they have full coverage