Lexus IS 300 Insurance Rates

Estimated insurance rates for a Lexus IS 300 are $1,444 a year for full coverage insurance. Comprehensive insurance costs an estimated $290 each year, collision insurance costs $540, and liability coverage is $456. Liability-only insurance costs around $508 a year, and high-risk driver insurance costs $3,138 or more. Teens pay the most at up to $5,454 a year.

Average premium for full coverage: $1,444

Premium estimates broken down by type of coverage:

Prices are based on $500 deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and IS 300 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on the price of insurance. More rural locations are statistically proven to have a lower frequency of physical damage claims than cities with more traffic congestion. The graphic below illustrates how location impacts insurance prices.

These rate differences illustrate why all drivers should compare rates quotes for a targeted area and risk profile, rather than using averaged prices.

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

Additional Rate Analysis

The chart below illustrates average Lexus IS 300 insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $827
• Raising to $1,000 deductibles will save approximately $188 each year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,444
• Selecting low deductibles will cost an extra $368 each year
• Unlucky drivers with serious driving violations could pay up to $3,138
• An auto insurance policy for full coverage for a teenage driver can cost as much as $5,454

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Insurance prices for a Lexus IS 300 also have a wide range based on your driving characteristics, the model year and trim level, and liability limits and deductibles.

More mature drivers with no violations or accidents and high deductibles may only pay around $1,300 every 12 months on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers should be prepared to pay at least $5,400 a year. View Rates by Age

Where you choose to live also has a big influence on Lexus IS 300 insurance rates. A middle-age driver might find prices as low as $950 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,950 on average in Florida, New York, and Michigan.

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Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $560 a year, whereas increasing liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost up to $411 more each year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying $1,700 to $2,400 additional annually, depending on your age. Insurance for high-risk drivers is expensive and can cost around 44% to 131% more than the average policy. View High Risk Driver Rates

How to Find Affordable Lexus IS 300 Insurance

Finding better rates on auto insurance consists of not taking risks behind the wheel, having a good credit history, paying for small claims out-of-pocket, and possibly raising deductibles. Spend time shopping around at every policy renewal by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following is a brief review of the data touched on above.

• Consumers who want higher liability limits will pay approximately $500 annually to raise from 30/60 bodily injury limits to 250/500 limits
• It is possible to save approximately $180 per year just by quoting online in advance
• Increasing policy deductibles can save around $550 each year
• Teens are expensive to insure, with premiums being up to $455 per month including comprehensive and collision insurance