Lexus IS 300 Insurance Rates

Average insurance rates for a Lexus IS 300 are $1,444 a year with full coverage. Comprehensive costs approximately $290, collision costs $540, and liability costs around $456. A policy with just liability insurance costs as low as $508 a year, with coverage for high-risk drivers costing around $3,138. Teenage drivers receive the highest rates at $5,454 a year or more.

Average premium for full coverage: $1,444

Rate estimates by individual coverage type:

Rate estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all U.S. states and for all IS 300 models.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on the price of insurance. Rural locations tend to have a lower frequency of collision claims than densely populated cities.

The example below illustrates how geographic area affects auto insurance prices.

These examples demonstrate why everyone should compare prices using their specific location and risk profile, instead of using average rates.

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

Additional Rate Details

The chart below details estimated Lexus IS 300 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $827
• Using higher $1,000 deductibles will save $188 annually
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,444
• Using pricier low deductibles for physical damage coverage will increase the cost to $1,812
• Drivers who are prone to accidents and violations could pay around $3,138 or more
• The cost for full coverage for a teen driver for full coverage can cost $5,454 or more

View Chart as Image

Insurance rates for a Lexus IS 300 can also vary considerably based on your driver profile, the trim level and model year, and physical damage deductibles and liability limits.

A more mature driver with no violations or accidents and high deductibles may pay as little as $1,300 a year for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay in the ballpark of $5,400 a year. View Rates by Age

Where you live has a huge impact on Lexus IS 300 insurance prices. A driver around age 40 might see rates as low as $1,040 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,950 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $560 every year, whereas buying more liability protection will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $411 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out anywhere from $1,700 to $2,400 additional per year, depending on your age. Lexus IS 300 insurance for high-risk drivers can be as much as 44% to 131% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to regularly compare rates and see which company has the best rate. Each insurance company uses a different method to calculate rates, and rates can be significantly different from one company to the next.

How to Find the Best Lexus IS 300 Insurance

Saving money on car insurance requires avoiding accidents and violations, having a good credit history, eliminating unnecessary coverage, and qualifying for all possible discounts. Invest the time to compare rates at least once a year by getting rate quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.

The list below is a brief recap of the primary concepts that were presented in the illustrations above.

• You may be able to save around $180 per year simply by quoting online well ahead of the renewal date
• Higher risk drivers who tend to receive serious violations pay on average $1,690 more per year for car insurance
• Increasing deductibles can save around $550 each year
• Teenagers are the costliest to insure, with premiums as much as $455 per month including comprehensive and collision insurance