Lexus GS 300 Insurance Rates

The average insurance prices for a Lexus GS 300 are $1,516 every 12 months with full coverage. Comprehensive costs approximately $376 a year, collision insurance costs $688, and liability coverage costs $316. Liability-only insurance costs as little as $376 a year, and high-risk driver insurance 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:

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

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of insurance. Rural locations are shown to have more infrequent collision claims than densely populated cities. The diagram below illustrates how location impacts auto insurance prices.

The examples above demonstrate why it is important to compare rates using their specific location and their own driving history, rather than 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 additional coverage and risk scenarios.

• The best discount rate is $853
• Drivers who choose higher $1,000 deductibles will pay $1,274 annually
• The average price for a good driver age 40 who chooses $500 deductibles is $1,516
• Using low $100 deductibles for comprehensive and collision insurance increases the price to $1,986
• High-risk insureds who are prone to accidents and violations could pay around $3,276
• Policy cost to insure a teenage driver can cost $5,386 a year

View Chart as Image

Auto insurance rates for a Lexus GS 300 also range considerably based on liability limits and deductibles, your driving record, and the model of your GS 300.

Using high physical damage deductibles could save up to $720 a year, while buying higher liability limits will push rates upward. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $285 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may only pay around $1,400 per year on average, or $117 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay in the ballpark of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out anywhere from $1,800 to $2,400 in extra premium every year, depending on your age. A high-risk auto insurance policy can cost around 45% to 133% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in Lexus GS 300 insurance rates. A 40-year-old driver could pay as low as $1,090 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $2,050 on average in New York, Michigan, and Florida.

View Chart as Image

How to Shop for Cheaper Lexus GS 300 Insurance

Finding cheaper rates on auto insurance not only requires having a decent driving record, but also having a good credit score, not filing small claims, and possibly higher deductibles. Spend time shopping around at least every other year by obtaining price quotes from direct companies, and also from insurance agencies where you live.

The following items are a condensed summary of the car insurance concepts touched on above.

• Drivers with multiple at-fault accidents could be forced to pay on average $1,760 more per year than a driver with a clean driving record
• You may be able to save around $190 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $700 each year
• Consumers who purchase additional liability coverage will pay an extra $350 every year to go from a 30/60 limit to a 250/500 level