Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year including full coverage. Comprehensive costs an estimated $376, collision insurance costs $688, and liability costs around $316. A policy with just liability insurance costs as low as $376 a year, and coverage for high-risk drivers costs around $3,276. 16-year-old drivers receive the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Rate estimates broken down by individual coverage type:

Rates are based on $500 deductible amounts, 30/60 liability limits, and includes both medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and for different GS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on the price of auto insurance. More rural locations tend to have lower incidents of comprehensive and collision claims than congested cities. The price range example below illustrates how geographic area affects insurance prices.

These examples highlight why anyone shopping for car insurance should compare prices for a targeted area, instead of using rate averages.

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

Rate Comparisons

The chart below breaks down average Lexus GS 300 insurance rates for other coverage scenarios.

• The best full coverage rate is $853
• Using higher $1,000 deductibles will save approximately $242 every year
• The estimated price for a 40-year-old driver who has $500 deductibles is $1,516
• Buying more expensive low deductibles for physical damage coverage bumps up the cost to $1,986
• Drivers with multiple tickets or accidents could pay up to $3,276
• The cost that insures a teen driver with full coverage can cost as much as $5,386 or more

View Chart as Image

Insurance rates for a Lexus GS 300 can also vary considerably based on the model year and trim level, your driving record and age, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are likely paying $1,800 to $2,400 additional per year, depending on your age. High-risk driver insurance can be as much as 45% to 133% more than the average rate. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,400 a year for full coverage. Rates are highest for teen drivers, since even teens with perfect driving records should be prepared to pay at least $5,300 a year. View Rates by Age

Where you live has a huge impact on Lexus GS 300 insurance prices. A driver around age 40 might see rates as low as $1,160 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,160 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $720 every year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $285 more each year. View Rates by Deductible or Liability Limit

How to Find the Best Cheap Lexus GS 300 Insurance

Saving money on car insurance requires having a good driving record, having a good credit score, not filing small claims, and possibly raising deductibles. Comparison shop at every policy renewal by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local car insurance providers.

The next list is a quick review of the data presented in the illustrations above.

• Policyholders who want increased levels of liability coverage will pay around $350 per year to increase from a minimum limit to the 250/500 level
• You may be able to save approximately $190 per year just by shopping early and online
• Increasing deductibles can save approximately $700 each year
• Drivers age 20 and younger are expensive to insure, as much as $449 per month if comprehensive and collision insurance is included