Lexus IS 300 Insurance Rates

Estimated insurance rates for a Lexus IS 300 are $1,486 a year for full coverage. Comprehensive insurance costs approximately $302, collision insurance costs $574, and liability coverage is $452. A liability-only policy costs around $504 a year, and high-risk insurance costs $3,230 or more. Teenage drivers pay the most at up to $5,580 a year.

Average premium for full coverage: $1,486

Premium estimates by type of coverage:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all states and for different IS 300 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a large influence on car insurance rates. Rural locations are statistically proven to have lower incidents of accident claims than densely populated cities. The price range example below illustrates the difference location can make on auto insurance prices.

These rate differences show why anyone shopping for car insurance should compare rates quotes using their specific location, rather than using average rates.

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

Rate Comparisons

The chart below shows average Lexus IS 300 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $847
• Raising to $1,000 deductibles will save $198 a year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,486
• Using more expensive low deductibles will cost an additional $388 each year
• Unlucky drivers who are prone to accidents and violations could pay around $3,230
• An auto insurance policy that insures a teenage driver with full coverage can cost $5,580

View Chart as Image

Auto insurance prices for a Lexus IS 300 also have a wide range based on the model year and trim level, how you drive, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you could be paying anywhere from $1,800 to $2,400 in extra premium annually, depending on your age. High-risk driver insurance is expensive and can cost around 43% to 135% more than a normal policy. View High Risk Driver Rates

An older driver with a good driving record and higher comprehensive and collision deductibles may only pay around $1,400 every 12 months on average, or $117 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records will have to pay in the ballpark of $5,500 a year. View Rates by Age

Where you choose to live also has a big influence on Lexus IS 300 insurance rates. A middle-age driver might find prices as low as $980 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,120 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $590 a year, while increasing your policy's liability limits will push prices upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $407 extra every year. View Rates by Deductible or Liability Limit

How to Find the Best Lexus IS 300 Insurance

Finding better rates on auto insurance consists of avoiding accidents and violations, maintaining a good credit score, not filing small claims, and possibly higher deductibles. Compare prices at every policy renewal by getting rate quotes from direct carriers, and also from insurance agencies where you live.

The list below is a brief recap of the data touched on in this article.

• Consumers who purchase higher liability limits will pay an extra $500 each year to raise from 30/60 bodily injury limits to the 250/500 level
• Drivers can save around $180 per year just by shopping early and online
• Increasing policy deductibles can save approximately $575 each year
• Teenagers have the highest car insurance prices, as much as $465 per month if the policy includes full coverage