Lexus GS 300 Insurance Rates

The average insurance rates for a Lexus GS 300 are $1,516 a year with full coverage. Comprehensive costs on average $376, collision insurance costs $688, and liability is $316. Liability-only coverage costs around $376 a year, and high-risk coverage costs around $3,276. Teenage drivers cost the most to insure at up to $5,386 a year.

Average premium for full coverage: $1,516

Policy rates by type of insurance:

Estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all U.S. states and for all GS 300 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on auto insurance rates. Rural areas are shown to have lower incidents of collision claims than densely populated cities. The example below illustrates how location helps determine car insurance rates.

The examples above demonstrate why everyone should compare rates quotes based on a specific location, instead of using average rates.

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

More Rate Details

The chart below details average Lexus GS 300 insurance rates for different risk profiles and scenarios.

• The best discount rate is $853
• Raising to $1,000 deductibles will save around $242 annually
• The estimated price for a good driver age 40 with $500 deductibles is $1,516
• Using pricier low deductibles bumps up the cost to $1,986
• At-risk drivers who are prone to accidents and violations could pay upwards of $3,276
• Policy cost that insures a teen driver for full coverage may cost $5,386

View Chart as Image

Insurance rates for a Lexus GS 300 also range considerably based on the model of your GS 300, your age and driving habits, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at a minimum $1,800 to $2,400 additional every year, depending on your age. Lexus GS 300 insurance for high-risk drivers is expensive and can cost as much as 45% to 133% more than a normal policy. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,400 every 12 months on average, or $117 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay upwards of $5,300 a year. View Rates by Age

Your home state also has a big influence on Lexus GS 300 insurance prices. A middle-age driver might find rates as low as $1,090 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $2,050 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $720 every year, whereas buying more liability protection will cost you more. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $285 more each year. View Rates by Deductible or Liability Limit

How to Find Low Cost Lexus GS 300 Insurance

Finding cheaper rates on car insurance consists of having a decent driving record, having a good credit score, not filing small claims, and dropping full coverage on older vehicles. Compare prices at least once a year by getting quotes from direct companies, and also from several local insurance agents.

The following items are a review of the primary concepts that were covered in the charts and tables above.

• You may be able to save as much as $190 per year just by quoting online well ahead of the renewal date
• Higher risk drivers who have several accidents or serious violations pay on average $1,760 more each year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save approximately $700 each year
• 16 to 18-year-old drivers pay higher rates, as much as $449 each month if comprehensive and collision insurance is included