Lexus GS 300 Insurance Rates

U.S. average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage insurance. Comprehensive costs on average $376 each year, collision costs $688, and liability costs around $316. Buying just liability costs as low as $376 a year, with insurance for high-risk drivers costing around $3,276. Teenage drivers pay the highest rates at $5,386 a year or more.

Average premium for full coverage: $1,516

Price estimates by individual coverage:

These estimates include $500 deductible amounts, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 states and GS 300 models.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on insurance rates. Rural areas have a lower frequency of physical damage claims than densely populated cities.

The graphic below illustrates how rural and urban location affects car insurance rates.

The ranges above illustrate why all drivers should compare prices based on a specific location and risk profile, instead of making a decision based on average rates.

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

More Rate Information

The chart below illustrates estimated Lexus GS 300 insurance rates for different risk profiles and scenarios.

• The best discount rate is $853
• Using higher $1,000 deductibles will save around $242 each year
• The average rate for the average middle-age driver with $500 deductibles is $1,516
• Using low deductibles for physical damage coverage will increase the cost to $1,986
• High-risk insureds who are prone to accidents and violations could pay upwards of $3,276 or more
• The price for full coverage for a 16-year-old driver may cost $5,386 or more

View Chart as Image

Insurance prices for a Lexus GS 300 are also quite variable based on your driving record, the model year and trim level, and policy deductibles and limits.

More mature drivers with no violations or accidents and high deductibles may pay as low as $1,400 a year for full coverage. Prices are much higher for teenage drivers, where even good drivers should be prepared to pay upwards of $5,300 a year. View Rates by Age

The state you live in has a huge impact on Lexus GS 300 insurance prices. A driver around age 40 might see prices as low as $990 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $2,050 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $720 annually, whereas increasing liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $285 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at a minimum $1,800 to $2,400 additional each year, depending on your age. Insurance for high-risk drivers can be from 45% to 133% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the only way to figure out exactly what you will pay is to do a rate comparison from multiple companies. Each insurance company uses a different method to calculate prices, and prices may be quite different from one company to the next.

How to Find Cheap Lexus GS 300 Insurance

Getting lower rates on insurance for a Lexus GS 300 requires having a good driving record, having a good credit history, not filing small claims, and insuring your home and auto with the same company. Set aside time to shop around every year by quoting rates from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

The next list is a brief summary of the coverage data raised in the charts and tables above.

• It is possible to save as much as $190 per year simply by quoting online in advance
• Increasing physical damage deductibles can save around $700 each year
• Drivers age 20 and younger pay higher prices, as much as $449 a month including comprehensive and collision insurance
• Drivers considered higher risk that tend to have accidents or serious violations pay an average of $1,760 more each year to buy Lexus GS 300 insurance