Lexus GS 300 Insurance Rates

Average insurance prices for a Lexus GS 300 are $1,516 every 12 months for full coverage insurance. Comprehensive costs on average $376 a year, collision insurance costs $688, and liability is estimated at $316. A liability-only policy costs approximately $376 a year, and high-risk insurance costs around $3,276. Teen drivers receive the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Rate estimates by individual coverage type:

Includes $500 deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 states and GS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on insurance rates. Rural areas tend to have more infrequent physical damage claims than larger metro areas. The diagram below illustrates the difference between rural and urban areas on car insurance rates.

These examples illustrate why it is important to get quotes based on a specific location and their own driving history, instead of making a decision based on price averages.

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

Additional Rate Details

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

• The lowest rate with discounts is $853
• Choosing higher $1,000 deductibles can save around $1,274 each year
• The average price for a 40-year-old driver with $500 deductibles is $1,516
• Choosing low $100 deductibles for comp and collision coverage increases the price to $1,986
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $3,276
• The cost to insure a 16-year-old driver may cost $5,386 each year

View Chart as Image

Insurance rates for a Lexus GS 300 can also vary considerably based on policy deductibles and limits, your risk profile, and the trim level of your GS 300.

Choosing high deductibles can save as much as $720 annually, while buying higher liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will cost as much as $285 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as low as $1,400 annually on average for full coverage. Rates are highest for teen drivers, since even excellent drivers can expect to pay upwards of $5,300 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are probably paying at a minimum $1,800 to $2,400 extra per year, depending on your age. A high-risk auto insurance policy ranges from 45% to 133% more than average. View High Risk Driver Rates

Where you live plays a big part in determining prices for Lexus GS 300 insurance prices. A good driver about age 40 could pay as low as $990 a year in states like Vermont, Wisconsin, and North Carolina, or as much as $2,050 on average in Michigan, New York, and Florida.

View Chart as Image

How to Shop for the Cheapest Lexus GS 300 Insurance

Saving money on insurance for a Lexus GS 300 takes not taking risks behind the wheel, having good credit, avoid buying unnecessary coverage, and determing if full coverage is necessary. Set aside time to compare rates at every policy renewal by getting price quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following is a recap of the data covered above.

• Insureds who require higher liability limits will pay about $350 annually to raise limits from a minimum limit to a 250/500 level
• It is possible to save as much as $190 per year just by quoting early and online
• Increasing deductibles could save as much as $700 each year
• Teens pay the highest rates, costing up to $449 per month if they have full coverage