Lexus GS 300 Insurance Rates

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

Average premium for full coverage: $1,516

Rate estimates broken down by individual coverage type:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Rates are averaged for all states and for all GS 300 models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on insurance rates. More rural locations tend to have more infrequent accident claims than cities with more traffic congestion. The example below illustrates the effect of geographic area on insurance prices.

These examples show why everyone should get quotes for a targeted area 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 shows average Lexus GS 300 insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $853
• Choosing higher $1,000 deductibles can save approximately $242 a year
• The average price for a 40-year-old driver who has $500 deductibles is $1,516
• Selecting pricier low deductibles for comp and collision coverage increases the price to $1,986
• Higher-risk drivers with serious driving violations could pay up to $3,276
• The cost to insure a 16-year-old driver for full coverage can cost as much as $5,386 each year

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

Choosing higher comprehensive and collision insurance deductibles can save as much as $720 annually, whereas buying more liability protection will increase premiums. Going 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

A more mature driver with a clean driving record and higher deductibles may pay as low as $1,400 annually on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers can expect to pay at least $5,300 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying $1,800 to $2,400 extra per year, depending on your age. Lexus GS 300 insurance for high-risk drivers ranges from 45% to 133% more than the average policy. View High Risk Driver Rates

Where you live plays a big part in determining prices for Lexus GS 300 insurance prices. A good driver about age 40 could pay as low as $1,000 a year in states like Iowa, Maine, and Idaho, or have to pay at least $2,160 on average in New York, Louisiana, and Michigan.

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How to Shop for the Best Lexus GS 300 Insurance

Saving money on insurance for a Lexus GS 300 takes avoiding accidents and violations, having good credit, eliminating unneeded coverage, and deciding if full coverage is necessary. Take the time to compare rates at least every other year by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The list below is a brief recap of the car insurance concepts covered in the above illustrations.

• Drivers considered higher risk who tend to receive serious violations pay on average $1,760 more annually for car insurance
• Drivers can save approximately $190 per year just by quoting online well ahead of the renewal date
• Increasing deductibles could save as much as $700 each year
• Insureds who want higher liability limits will pay approximately $350 each year to raise limits from a minimum limit to a 250/500 level