Lexus GS 300 Insurance Rates

Average insurance prices for a Lexus GS 300 are $1,516 every 12 months for full coverage. Comprehensive costs on average $376 each year, collision insurance costs $688, and liability is $316. A policy with just liability insurance costs around $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 by individual coverage type:

Rates are based on $500 policy deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and GS 300 models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas tend to have more infrequent accident claims than congested cities. The graphic below illustrates the effect of geographic area on car insurance rates.

These examples show why all drivers should compare rates quotes based on a specific location and their own driving history, instead of making a decision based on rate averages.

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

More Rate Information

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

• The best full coverage rate is $853
• Raising to $1,000 deductibles will save around $242 a year
• The average price for a 40-year-old driver with $500 deductibles is $1,516
• Buying low deductibles increases the price to $1,986
• Drivers with multiple tickets or accidents could pay upwards of $3,276
• The cost to insure a 16-year-old driver may cost $5,386

View Chart as Image

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

Opting for high physical damage deductibles can reduce rates by up to $720 annually, whereas increasing liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost as much as $285 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may pay as low as $1,400 every 12 months on average for full coverage. Rates are highest for teen drivers, since even excellent drivers should be prepared 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 could be paying at a minimum $1,800 to $2,400 additional per year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 45% to 133% more than the average rate. View High Risk Driver Rates

Where you live also has a big influence on Lexus GS 300 insurance prices. A middle-age driver might find rates as low as $1,000 a year in states like Idaho, Maine, and Iowa, or at least $2,160 on average in Michigan, Louisiana, and New York.

View Chart as Image

How to Shop for the Best Cheap Lexus GS 300 Insurance

Saving money on insurance for a Lexus GS 300 consists of being a good driver, having above-average credit, eliminating unneeded coverage, and dropping full coverage on older vehicles. Take the time to compare rates once a year by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The following list is a quick review of the data that was covered in the above illustrations.

• Drivers can save as much as $190 per year just by quoting online in advance
• Insureds who require an increased level of liability coverage will pay around $350 each year to raise from a minimum limit to a 250/500 level
• Drivers age 16 to 20 pay higher rates, costing as high as $449 per month if full coverage is included
• Drivers considered higher risk with a DUI or reckless driving violation pay an average of $1,760 more each year than a safer driver