Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage. Comprehensive insurance costs around $376 a year, collision insurance costs $688, and liability costs $316. Liability-only coverage costs as little as $376 a year, and high-risk coverage costs $3,276 or more. 16-year-old drivers receive the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Rate estimates for individual coverage type:

Prices are based on $500 policy deductibles, 30/60 liability coverage, and includes both medical and uninsured motorist insurance. Rates are averaged for all states and GS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location can make a big difference on auto insurance rates. Areas with sparse population tend to have lower incidents of accident claims than congested cities. The diagram below illustrates the difference location can make on auto insurance rates.

These examples show why it is important to compare rates for a specific zip code, instead of making a decision based on rate averages.

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 additional coverage choices and driver risks.

• The best full coverage rate is $853
• Drivers who choose higher $1,000 deductibles will pay about $1,274 a year
• The estimated price for a 40-year-old driver using $500 deductibles is $1,516
• Buying low $100 deductibles for comprehensive and collision insurance will cost an additional $470 annually
• Drivers with multiple tickets or accidents could pay at least $3,276
• The cost that insures a 16-year-old driver can be $5,386 a year

View Chart as Image

Car insurance rates for a Lexus GS 300 can also vary considerably based on the trim level of your GS 300, how you drive, and deductibles and policy limits.

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

Older drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,400 per year on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records will be charged as much as $5,300 a year. View Rates by Age

Where you live makes a big difference in Lexus GS 300 insurance prices. A 40-year-old driver could pay as low as $1,000 a year in states like Idaho, Maine, and Iowa, or at least $2,160 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $720 annually, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $285 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find Affordable Lexus GS 300 Insurance

Saving money on insurance for a Lexus GS 300 not only requires being safe and accident-free, but also having a positive credit history, eliminating unneeded coverage, and consideration of higher deductibles. Comparison shop every year by getting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below you'll find a brief review of the coverage data touched on in this article.

• Drivers can save up to $190 per year just by quoting early and online
• Increasing deductibles can save approximately $700 each year
• Youthful drivers are the costliest to insure, costing as high as $449 per month if full coverage is purchased
• Drivers considered higher risk with DUI or reckless driving convictions pay on average $1,760 more every year than a low-risk driver