Lexus GS-300 Insurance Rates

How much does insurance cost for a Lexus GS 300? Average Lexus GS 300 insurance rates are $123 per month or $1,474 annually. Many factors are used to help calculate your Lexus GS insurance costs. 

For example, the 2000 Lexus GS 300 price for insurance will be lower than the 2003 Lexus GS 300, which will also be lower than a 2007 Lexus GS 350 insurance cost.  

Read our comprehensive guide to better understand how the Lexus GS insurance costs are calculated, and how you can secure cheap car insurance rates.  

Immediately find savings for your Lexus G 300 insurance by entering your ZIP code into our FREE quote comparison tool. You’ll get affordable car insurance quotes from top auto insurance companies.

Finding cheaper auto insurance through online companies saves time, is easy to do and at the same time you may find lower rates. The key to finding lower rates is to get rates from all providers so you can get every option.

Finding the best direct price on auto insurance is challenging if you are a beginner to online quoting. But relax because we're going to show you how. Reducing your Lexus GS-300 insurance quotes is not a difficult process. You just have to spend a few minutes on the computer to compare quotes online from several insurance companies. It is quite easy and can be accomplished by completing this short form.

Insurance premiums paid to insure a Lexus GS-300 can fluctuate considerably and are calculated by many factors. Taken into consideration are:

• Tickets increase premiums
• Credit rating impacts rates
• The size of your community
• Annual mileage can affect rates
• Male drivers pay higher rates
• Low deductibles cost more
• Your vehicle's safety rating
• Whether or not you have claims
• Having current coverage saves
• Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. Models that are a few years old have a reduced actual cash value compared to new GS-300 models so the costs to repair may end up costing you less. On the flip side, new GS-300 models have more advanced features like a telematics system, adaptive cruise control, and traction control which may give discounted rates.

Coverage for liability

damages or injuries you inflict on things such as emergency aid, pain and suffering, and medical services. .

Auto collision coverage

an object or car. . , . .

Comprehensive (Other than Collision)

that is not covered by collision coverage. . you can receive from a comprehensive claim , .

Coverage for uninsured or underinsured drivers

This . , . .

Insurance for medical payments

expenses doctor visits, EMT expenses, and X-ray expenses. . .

We’ve talked all about Lexus car insurance costs. It’s time to score better than average insurance for the Lexus GS 350 by using our FREE quote comparison tool below.

What are the safety ratings for the Lexus GS 300?

The cheapest Lexus to insure will be safe and reliable. Therefore, looking at the Lexus GS 300 safety ratings is a great way to find out what discounts you qualify for, and what may be costing you more money.

Check out the safety ratings below.

• Moderate overlap front: Good
• Side: Good
• Roof strength: Good

The rating of Good is the highest possible score given by the Insurance Institute for Highway Safety. You’ll see some savings on car insurance for your Lexus GS 300 thanks to these stellar safety ratings. 

For those wondering is Lexus discontinuing the GS, the answer is yes. After 2020, the model will no longer be updated. Remember, when answering the question of how much does insurance cost for a Lexus, insurance companies also factor in the cost of maintenance. 

Because this is a luxury line of vehicles that is soon to be discontinued, expect your rates to slightly increase.

Lexus GS 300 Compared Against other Vehicles in the Same Class

Officially, the Insurance Institute for Highway Safety classifies the Lexus GS 300 as a large luxury vehicle.

Comparing the Lexus GS 300 to similar vehicles can help you save money, especially if the Lexus GS 300 has a better loss ratio than other midsize sedans. 

Asking simply are Nissans more expensive to insure than Lexus’s can be misleading because each company features so many different car-types. Similarly, asking is insurance expensive on a Chrysler 300 compared to this Lexus model is also misleading because they are not in the same vehicle class. 

You’ll run into the same issue if you compare Lexus GS F insurance rates to Lexus ES insurance costs. Insurance cost for a Lexus RX 350 will also be different because it is a midsize SUV, not a large luxury four-door sedan like the GS 300.

Check out actually comparable vehicles below.

• Audi A7
• Maserati Ghibli
• Tesla Model S

This car type has substantially worse than average collision and comprehensive insurance loss ratios at 235 percent and 156 percent respectively. As a result, you’ll definitely see some rate increases. 

When it comes to Lexus vs Toyota insurance costs, remember that Lexus is a luxury line. Oppositely, Toyota’s generic line is focused on economy vehicles. 

Is a Lexus more expensive to insure than other luxury brands? Fortunately, not always. You can secure competitive rates for this type of car.

Keep in mind that the Lexus GS 350 maintenance cost will likely be expensive, but only you can say which is better, the Lexus IS or GS.

It’s time to stop asking is insurance higher on a Lexus and start comparison shopping for affordable rates. Enter your five-digit ZIP code into our FREE quote comparison tool to get the best Lexus GS 300 insurance rates.