Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year with full coverage. Comprehensive costs on average $376, collision insurance costs $688, and liability insurance is estimated at $316. A policy with just liability insurance costs approximately $376 a year, and coverage for high-risk drivers costs around $3,276. 16-year-old drivers receive the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Rate estimates by individual coverage type:

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

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on auto insurance rates. Rural areas tend to have lower incidents of collision claims than congested cities. The price range example below illustrates how location impacts car insurance rates.

These examples demonstrate why anyone shopping for car insurance should get quotes based on a specific location, rather than relying on rate averages.

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

Additional Rate Details

The chart below details average Lexus GS 300 insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $853
• Choosing higher $1,000 deductibles can save around $242 annually
• The estimated price for a 40-year-old driver with $500 deductibles is $1,516
• Buying more expensive low deductibles for comp and collision coverage bumps up the cost to $1,986
• High-risk insureds with multiple tickets or accidents could pay upwards of $3,276
• The cost that insures a teen driver with full coverage may cost $5,386 each year

View Chart as Image

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

If you like to drive fast or you caused an accident, you may be forking out at a minimum $1,800 to $2,400 additional per year, depending on your age. High-risk driver insurance ranges anywhere from 45% to 133% more than the average rate. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,400 annually on average for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records should be prepared to pay upwards of $5,300 a year. View Rates by Age

Where you live plays a big part in determining prices for Lexus GS 300 insurance rates. A good driver about age 40 could pay as low as $1,090 a year in states like New Hampshire, Ohio, and Utah, or at least $2,050 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles can save as much as $720 each year, while increasing your policy's liability limits will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $285 more each year. View Rates by Deductible or Liability Limit

How to Find Cheap Lexus GS 300 Insurance

Saving money on Lexus GS 300 insurance takes being a low-risk driver, having a good credit score, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Comparison shop every year by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The items below are a brief summary of the coverage data touched on above.

• You may be able to save as much as $190 per year just by shopping early and online
• Increasing deductibles can save approximately $700 each year
• Teen drivers pay higher rates, with premiums as much as $449 per month if comprehensive and collision insurance is included
• High-risk drivers that tend to have accidents or serious violations pay on average $1,760 more each year to insure their GS 300