Lexus IS 300 Insurance Rates

The average insurance prices for a Lexus IS 300 are $1,380 every 12 months with full coverage. Comprehensive costs an estimated $278, collision insurance costs $484, and liability coverage is $460. Liability-only insurance costs around $510 a year, and high-risk driver insurance costs around $2,992. Teens cost the most to insure at up to $5,240 a year.

Average premium for full coverage: $1,380

Policy rates broken down by type of insurance:

Rate estimates include $500 deductibles, liability limits of 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all U.S. states and for different IS 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on car insurance rates. More rural locations are shown to have more infrequent collision claims than cities with more traffic congestion. The price range example below illustrates the effect of geographic area on insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare rates quotes for a targeted area and their own driving history, rather than using averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $799
• Raising to $1,000 deductibles will save approximately $172 annually
• The average price for a good driver age 40 who has $500 deductibles is $1,380
• Selecting more expensive low deductibles increases the price to $1,718
• Unlucky drivers with serious driving violations could pay up to $2,992
• Policy cost to insure a teenage driver with full coverage can cost as much as $5,240

View Chart as Image

Auto insurance rates for a Lexus IS 300 also range considerably based on liability limits and deductibles, your driving record, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $510 a year, while increasing your policy's liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $414 extra every year. View Rates by Deductible or Liability Limit

An older driver with a good driving record and higher deductibles may only pay around $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay at least $5,200 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out $1,600 to $2,300 in extra premium every year, depending on your age. High-risk driver insurance is expensive and can cost around 44% to 129% more than the average policy. View High Risk Driver Rates

Your home state also has a big influence on Lexus IS 300 insurance rates. A middle-age driver might find rates as low as $1,000 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,870 on average in New York, Michigan, and Florida.

View Chart as Image

How to Shop for the Best Lexus IS 300 Insurance

Finding cheaper rates on auto insurance consists of not taking risks behind the wheel, having a good credit score, not filing small claims, and consideration of higher deductibles. Take the time to compare rates once a year by requesting quotes from direct companies, and also from your local independent and exclusive agents.

The following is a brief recap of the data that was covered in the above illustrations.

• You may be able to save approximately $170 per year just by shopping early and online
• Consumers who want higher liability limits will pay approximately $510 every year to raise from a 30/60 limit to a 250/500 level
• Teens are the costliest to insure, as much as $437 each month if comprehensive and collision insurance is included
• Drivers who tend to receive serious violations may pay on average $1,610 more annually for IS 300 insurance