Lexus IS 300 Insurance Rates
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Michelle Robbins
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Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
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UPDATED: Jun 9, 2024
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Estimated insurance rates for a Lexus IS 300 are $1,380 a year for full coverage. Comprehensive costs an estimated $278, collision insurance costs $484, and liability is estimated at $460. A liability-only policy costs approximately $510 a year, and high-risk insurance costs around $2,992. Teen drivers pay the most at up to $5,240 a year.
Average premium for full coverage: $1,380
Premium estimates broken down by type of coverage:
Full coverage includes $500 physical damage deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and for all IS 300 models.
Insurance Price Range by Risk and Coverage
For a driver in their 40's, insurance rates for a Lexus IS 300 range from as low as $510 for just the minimum liability insurance to the much higher price of $2,992 for high-risk insurance.
Insurance Price Range by Location
Living in a larger city can make a big difference on insurance rates. More rural locations are statistically proven to have a lower frequency of accident claims than larger metro areas. The example below illustrates how location helps determine insurance prices.
These rate differences show why everyone should get quotes for a targeted area and risk profile, instead of making a decision based on price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Additional Rate Analysis
The chart below shows average Lexus IS 300 insurance rates for other coverage scenarios.
- The lowest rate with discounts is $799
- Choosing higher $1,000 deductibles can save approximately $172 a year
- The average rate for a 40-year-old good driver who has $500 deductibles is $1,380
- Choosing pricier low deductibles for comp and collision coverage will increase the cost to $1,718
- Higher-risk drivers with multiple violations and an at-fault accident could pay up to $2,992
- An auto insurance policy for full coverage for a 16-year-old driver for full coverage can cost as much as $5,240 each year
Auto insurance prices for a Lexus IS 300 also have a wide range based on your driving characteristics, the trim level of your IS 300, and liability limits and deductibles.
A more mature driver with a good driving record and high deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay at least $5,200 a year. View Rates by Age
Where you choose to live plays a big part in determining prices for Lexus IS 300 insurance prices. A good driver about age 40 could pay as low as $910 a year in states like Iowa, Maine, and Idaho, or as much as $1,970 on average in New York, Louisiana, and Michigan.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,250 | -$130 | -9.4% |
| Alaska | $1,060 | -$320 | -23.2% |
| Arizona | $1,146 | -$234 | -17.0% |
| Arkansas | $1,380 | -$0 | 0.0% |
| California | $1,574 | $194 | 14.1% |
| Colorado | $1,320 | -$60 | -4.3% |
| Connecticut | $1,420 | $40 | 2.9% |
| Delaware | $1,562 | $182 | 13.2% |
| Florida | $1,728 | $348 | 25.2% |
| Georgia | $1,274 | -$106 | -7.7% |
| Hawaii | $992 | -$388 | -28.1% |
| Idaho | $934 | -$446 | -32.3% |
| Illinois | $1,030 | -$350 | -25.4% |
| Indiana | $1,040 | -$340 | -24.6% |
| Iowa | $932 | -$448 | -32.5% |
| Kansas | $1,312 | -$68 | -4.9% |
| Kentucky | $1,886 | $506 | 36.7% |
| Louisiana | $2,044 | $664 | 48.1% |
| Maine | $852 | -$528 | -38.3% |
| Maryland | $1,140 | -$240 | -17.4% |
| Massachusetts | $1,106 | -$274 | -19.9% |
| Michigan | $2,400 | $1,020 | 73.9% |
| Minnesota | $1,156 | -$224 | -16.2% |
| Mississippi | $1,654 | $274 | 19.9% |
| Missouri | $1,224 | -$156 | -11.3% |
| Montana | $1,482 | $102 | 7.4% |
| Nebraska | $1,090 | -$290 | -21.0% |
| Nevada | $1,658 | $278 | 20.1% |
| New Hampshire | $996 | -$384 | -27.8% |
| New Jersey | $1,544 | $164 | 11.9% |
| New Mexico | $1,224 | -$156 | -11.3% |
| New York | $1,454 | $74 | 5.4% |
| North Carolina | $794 | -$586 | -42.5% |
| North Dakota | $1,130 | -$250 | -18.1% |
| Ohio | $954 | -$426 | -30.9% |
| Oklahoma | $1,420 | $40 | 2.9% |
| Oregon | $1,264 | -$116 | -8.4% |
| Pennsylvania | $1,318 | -$62 | -4.5% |
| Rhode Island | $1,842 | $462 | 33.5% |
| South Carolina | $1,250 | -$130 | -9.4% |
| South Dakota | $1,164 | -$216 | -15.7% |
| Tennessee | $1,210 | -$170 | -12.3% |
| Texas | $1,666 | $286 | 20.7% |
| Utah | $1,022 | -$358 | -25.9% |
| Vermont | $946 | -$434 | -31.4% |
| Virginia | $826 | -$554 | -40.1% |
| Washington | $1,068 | -$312 | -22.6% |
| West Virginia | $1,266 | -$114 | -8.3% |
| Wisconsin | $956 | -$424 | -30.7% |
| Wyoming | $1,232 | -$148 | -10.7% |
Choosing high deductibles can save as much as $510 annually, whereas buying more liability protection will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost up to $414 extra every year. View Rates by Deductible or Liability Limit
If you have a few violations or tend to cause accidents, you could be paying $1,600 to $2,300 in extra premium annually, depending on your age. Lexus IS 300 insurance for high-risk drivers ranges from 44% to 129% more than average. View High Risk Driver Rates
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 Lexus IS 300 | $356 | $686 | $398 | $1,598 |
| 2023 Lexus IS 300 | $344 | $668 | $416 | $1,586 |
| 2022 Lexus IS 300 | $332 | $640 | $430 | $1,560 |
| 2021 Lexus IS 300 | $314 | $618 | $442 | $1,532 |
| 2020 Lexus IS 300 | $302 | $574 | $452 | $1,486 |
| 2019 Lexus IS 300 | $290 | $540 | $456 | $1,444 |
| 2018 Lexus IS 300 | $278 | $484 | $460 | $1,380 |
| 2017 Lexus IS 300 | $260 | $446 | $460 | $1,324 |
Rates are averaged for all Lexus IS 300 models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find More Affordable Lexus IS 300 Insurance
Finding better rates on insurance for a Lexus IS 300 takes being a safe and courteous driver, having good credit, not filing small claims, and consideration of higher deductibles. Invest time comparing rates every couple of years by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.
Below is a summary of the material that was covered in the charts and tables above.
- Insureds who want higher levels of liability will pay about $510 each year to raise limits from 30/60 bodily injury limits to 250/500 limits
- Teenage drivers are the costliest to insure, as much as $437 per month if they have full coverage
- Drivers considered higher risk who have multiple accidents or major violations pay an average of $1,610 more annually for auto insurance
- Increasing policy deductibles can save around $500 each year
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $5,240 |
| 20 | $3,184 |
| 30 | $1,432 |
| 40 | $1,380 |
| 50 | $1,262 |
| 60 | $1,238 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,718 |
| $250 | $1,560 |
| $500 | $1,380 |
| $1,000 | $1,208 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,380 |
| 50/100 | $1,472 |
| 100/300 | $1,587 |
| 250/500 | $1,886 |
| 100 CSL | $1,518 |
| 300 CSL | $1,771 |
| 500 CSL | $1,955 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $7,462 |
| 20 | $5,074 |
| 30 | $3,050 |
| 40 | $2,992 |
| 50 | $2,858 |
| 60 | $2,834 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $73 |
| Multi-vehicle | $73 |
| Homeowner | $21 |
| 5-yr Accident Free | $99 |
| 5-yr Claim Free | $89 |
| Paid in Full/EFT | $61 |
| Advance Quote | $67 |
| Online Quote | $98 |
| Total Discounts | $581 |
Discounts are estimated and may not be available from every company or in every state.
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