Lexus GS 300 Insurance Rates

The average insurance rates for a Lexus GS 300 are $1,516 a year with full coverage. Comprehensive insurance costs around $376 a year, collision insurance costs $688, and liability coverage costs around $316. Liability-only coverage costs as low as $376 a year, and high-risk coverage costs $3,276 or more. Teenage drivers cost the most to insure at up to $5,386 a year.

Average premium for full coverage: $1,516

Policy rates for type of insurance:

Prices are based on $500 deductible amounts, 30/60 liability coverage, 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

Where you live has a large influence on insurance rates. Areas with sparse population are shown to have a lower frequency of collision claims than densely populated cities. The diagram below illustrates the difference location can make on auto insurance rates.

The examples above demonstrate why it is important to compare prices for a specific zip code and risk profile, 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 choices and driver risks.

• The best discount rate is $853
• Using higher $1,000 deductibles will save about $1,274 annually
• The average rate for a good driver age 40 using $500 deductibles is $1,516
• Using low $100 deductibles for physical damage coverage will cost an extra $470 each year
• Higher-risk drivers who are prone to accidents and violations could pay at least $3,276
• Policy cost for full coverage for a teenage driver can be $5,386 or more

View Chart as Image

Insurance rates for a Lexus GS 300 also range considerably based on your risk profile, the trim level and model year, and deductibles and policy limits.

Older drivers with no violations or accidents and high deductibles may only pay around $1,400 a year, or $117 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay as much as $5,300 a year. View Rates by Age

Your home state has a huge impact on Lexus GS 300 insurance rates. A driver around age 40 might see rates as low as $1,090 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $2,050 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $720 a year, while buying higher liability limits will increase rates. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $285 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at least $1,800 to $2,400 additional every year, depending on your age. A high-risk auto insurance policy can be around 45% to 133% more than a normal policy. View High Risk Driver Rates

How to Find Affordable Lexus GS 300 Insurance

Finding cheaper rates on auto insurance requires having a good driving record, having a good credit history, not filing small claims, and deciding if full coverage is necessary. Make time to compare rates every year by quoting rates from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The next list is a brief review of the coverage data touched on in this article.

• You may be able to save up to $190 per year just by quoting early and online
• Increasing comprehensive and collision deductibles can save around $700 each year
• Drivers age 20 and younger are charged the highest rates, as much as $449 each month including comprehensive and collision insurance
• Drivers with DUI or reckless driving convictions pay an average of $1,760 more every year to buy Lexus GS 300 insurance