Lexus IS 300 Insurance Rates

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UPDATED: Jun 9, 2024

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Estimated insurance prices for a Lexus IS 300 are $1,444 every 12 months for full coverage. Comprehensive insurance costs around $290, collision insurance costs $540, and liability is estimated at $456. Liability-only insurance costs approximately $508 a year, and high-risk driver insurance costs $3,138 or more. Teenage drivers pay the most at up to $5,454 a year.

Average premium for full coverage: $1,444

Premium estimates for type of coverage:

Comprehensive $290
Collision $540
Liability $456

Prices are based on $500 policy deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all states and for all IS 300 models.

Insurance Price Range by Risk and Coverage

For a driver around age 40, insurance rates for a Lexus IS 300 range from the cheapest price of $508 for basic liability insurance to the much higher price of $3,138 for a driver who requires high-risk insurance.

Liability Only $508
Full Coverage $1,444
High Risk $3,138

Insurance Price Range by Location

Living in a larger city can make a big difference on auto insurance rates. Areas with sparse population are statistically proven to have more infrequent accident claims than densely populated cities. The example below illustrates the difference between rural and urban areas on auto insurance rates.

Rural Areas $1,083
Small Cities $1,516
Large Cities $1,949

These rate differences show why everyone should get quotes for a specific zip code and their own driving history, instead of making a decision based on average rates.

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.

Rate Comparisons

The chart below shows average Lexus IS 300 insurance rates for additional coverage choices and driver risks.

  • The best discount rate is $827
  • Choosing higher $1,000 deductibles can save about $188 a year
  • The average price for a 40-year-old good driver using $500 deductibles is $1,444
  • Using pricier low deductibles for comp and collision coverage costs an extra $368 annually
  • Higher-risk drivers who are prone to accidents and violations could pay at least $3,138
  • An auto insurance policy to insure a 16-year-old driver for full coverage can be $5,454 each year

View Chart as Image

Lexus IS 300 insurance cost comparison chart
Column chart showing Lexus IS 300 insurance prices range from $827 to $5,454 for full coverage

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

Using high physical damage deductibles can save as much as $560 annually, whereas buying more liability protection will increase prices. Going from a 50/100 liability limit to a 250/500 limit will cost up to $411 more each year. View Rates by Deductible or Liability Limit

A more mature driver with no violations or accidents and higher deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers should be prepared to pay as much as $5,400 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying at least $1,700 to $2,400 additional annually, depending on your age. Lexus IS 300 insurance for high-risk drivers ranges from 44% to 131% more than a normal policy. View High Risk Driver Rates

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 $950 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $2,060 on average in Michigan, Louisiana, and New York.

Lexus IS 300 Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,306 -$138 -9.6%
Alaska $1,108 -$336 -23.3%
Arizona $1,198 -$246 -17.0%
Arkansas $1,444 -$0 0.0%
California $1,646 $202 14.0%
Colorado $1,382 -$62 -4.3%
Connecticut $1,486 $42 2.9%
Delaware $1,636 $192 13.3%
Florida $1,808 $364 25.2%
Georgia $1,334 -$110 -7.6%
Hawaii $1,038 -$406 -28.1%
Idaho $976 -$468 -32.4%
Illinois $1,076 -$368 -25.5%
Indiana $1,088 -$356 -24.7%
Iowa $974 -$470 -32.5%
Kansas $1,374 -$70 -4.8%
Kentucky $1,972 $528 36.6%
Louisiana $2,138 $694 48.1%
Maine $894 -$550 -38.1%
Maryland $1,192 -$252 -17.5%
Massachusetts $1,156 -$288 -19.9%
Michigan $2,510 $1,066 73.8%
Minnesota $1,208 -$236 -16.3%
Mississippi $1,732 $288 19.9%
Missouri $1,282 -$162 -11.2%
Montana $1,552 $108 7.5%
Nebraska $1,138 -$306 -21.2%
Nevada $1,732 $288 19.9%
New Hampshire $1,042 -$402 -27.8%
New Jersey $1,614 $170 11.8%
New Mexico $1,280 -$164 -11.4%
New York $1,522 $78 5.4%
North Carolina $834 -$610 -42.2%
North Dakota $1,182 -$262 -18.1%
Ohio $996 -$448 -31.0%
Oklahoma $1,484 $40 2.8%
Oregon $1,324 -$120 -8.3%
Pennsylvania $1,378 -$66 -4.6%
Rhode Island $1,928 $484 33.5%
South Carolina $1,308 -$136 -9.4%
South Dakota $1,218 -$226 -15.7%
Tennessee $1,264 -$180 -12.5%
Texas $1,740 $296 20.5%
Utah $1,070 -$374 -25.9%
Vermont $990 -$454 -31.4%
Virginia $866 -$578 -40.0%
Washington $1,118 -$326 -22.6%
West Virginia $1,324 -$120 -8.3%
Wisconsin $1,000 -$444 -30.7%
Wyoming $1,288 -$156 -10.8%

View Chart as Image

Lexus IS 300 insurance rates by U.S. city
Lexus IS 300 Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Lexus IS 300 $372 $690 $390 $1,610
2023 Lexus IS 300 $356 $686 $398 $1,598
2022 Lexus IS 300 $344 $668 $416 $1,586
2021 Lexus IS 300 $332 $640 $430 $1,560
2020 Lexus IS 300 $314 $618 $442 $1,532
2019 Lexus IS 300 $302 $574 $452 $1,486
2018 Lexus IS 300 $290 $540 $456 $1,444
2017 Lexus IS 300 $278 $484 $460 $1,380

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 Shop for Affordable Lexus IS 300 Insurance

Finding better rates on insurance for a Lexus IS 300 takes being a good driver, having above-average credit, not filing small claims, and deciding if full coverage is necessary. Set aside time to compare rates at every other renewal by obtaining price quotes from direct carriers, and also from local exclusive and independent agents.

The following list is a brief review of the concepts that were covered above.

  • Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,690 more every year than a safer driver
  • Drivers age 16 to 20 are charged the highest prices, as much as $455 per month if full coverage is included
  • Drivers can save up to $180 per year just by quoting online well ahead of the renewal date
  • Increasing policy deductibles could save as much as $550 each year
  • Drivers can save up to $180 per year just by quoting online well ahead of the renewal date

Rates by Driver Age

Lexus IS 300 Insurance Rates by Driver Age
Driver Age Premium
16 $5,454
20 $3,346
30 $1,502
40 $1,444
50 $1,320
60 $1,296

Full coverage, $500 deductibles

Rates by Deductible

Lexus IS 300 Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,812
$250 $1,642
$500 $1,444
$1,000 $1,256

Full coverage, driver age 40

Rates by Liability Limit

Lexus IS 300 Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,444
50/100 $1,535
100/300 $1,649
250/500 $1,946
100 CSL $1,581
300 CSL $1,832
500 CSL $2,014

Full coverage, driver age 40

Rates for High Risk Drivers

Lexus IS 300 Insurance Rates for High Risk Drivers
Age Premium
16 $7,782
20 $5,332
30 $3,202
40 $3,138
50 $2,998
60 $2,972

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.

SR-22 Surcharge $204

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $77
Multi-vehicle $77
Homeowner $22
5-yr Accident Free $106
5-yr Claim Free $94
Paid in Full/EFT $66
Advance Quote $72
Online Quote $103
Total Discounts $617
Rate after discounts $827

Discounts are estimated and may not be available from every company or in every state.

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