Lexus IS 300 Insurance Rates

Estimated insurance rates for a Lexus IS 300 are $1,444 a year for full coverage. Comprehensive costs on average $290 a year, collision insurance costs $540, and liability coverage is estimated at $456. A policy with only liability insurance costs approximately $508 a year, and a high-risk policy costs around $3,138. Teen drivers pay the most at up to $5,454 a year.

Average premium for full coverage: $1,444

Premium estimates by type of coverage:

Price estimates include $500 policy deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all states and IS 300 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city has a large influence on car insurance rates. Rural areas are statistically proven to have a lower frequency of accident claims than larger metro areas. The diagram below illustrates how rural and urban location affects car insurance rates.

These rate differences show why it is important to get quotes based on a specific location and risk profile, rather than using price averages.

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

Additional Rate Analysis

The chart below shows average Lexus IS 300 insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $827
• Choosing higher $1,000 deductibles can save around $1,256 a year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,444
• Choosing low $100 deductibles for comp and collision coverage will increase the cost to $1,812
• Drivers with multiple violations and an at-fault accident could pay upwards of $3,138
• An auto insurance policy for full coverage for a teenage driver may cost $5,454 each year

View Chart as Image

Car insurance prices for a Lexus IS 300 also have a wide range based on your driving characteristics, the trim level of your IS 300, and policy deductibles and limits.

Older drivers with no driving violations and high deductibles may only pay around $1,300 annually on average, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will be charged upwards of $5,400 a year. View Rates by Age

Where you choose to live plays a big part in determining prices for Lexus IS 300 insurance rates. A good driver about age 40 could pay as low as $950 a year in states like Idaho, Maine, and Iowa, or as much as $2,060 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles can save as much as $560 a year, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will cost up to $411 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying at a minimum $1,700 to $2,400 extra annually, depending on your age. A high-risk auto insurance policy ranges around 44% to 131% more than average. View High Risk Driver Rates

How to Find Cheaper Lexus IS 300 Insurance

Finding better rates on auto insurance takes being safe and accident-free, having above-average credit, not filing small claims, and possibly raising deductibles. Set aside time to shop around at least every other year by requesting rates from direct carriers like Progressive, GEICO, and Esurance, and also from your local insurance agents.

Below you'll find a condensed summary of the car insurance concepts raised in the charts and tables above.

• Drivers with multiple at-fault accidents will pay on average $1,690 more each year than a low-risk driver
• Drivers can save as much as $180 per year just by quoting early and online
• Increasing policy deductibles can save around $550 each year
• Consumers who require more liability protection will pay about $500 each year to raise limits from 30/60 bodily injury limits to 250/500 limits