Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage insurance. Comprehensive insurance costs on average $376 a year, collision costs $688, and liability insurance costs around $316. A policy with just liability insurance costs as low as $376 a year, with coverage for high-risk drivers costing $3,276 or more. Teenage drivers receive the highest rates at $5,386 a year or more.

Average premium for full coverage: $1,516

Rate estimates by individual coverage type:

Rates are based on $500 policy deductibles, bodily injury liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Rates are averaged for all 50 states and GS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on insurance rates. Rural areas tend to have lower incidents of physical damage claims than densely populated cities.

The diagram below illustrates how location helps determine car insurance rates.

These examples illustrate why it is important to compare prices based on a specific location, rather than relying on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $853
• Using higher $1,000 deductibles will save around $1,274 each year
• The estimated price for a 40-year-old driver with $500 deductibles is $1,516
• Using low $100 deductibles for physical damage coverage will cost an additional $470 a year
• Drivers who are prone to accidents and violations could pay upwards of $3,276 or more
• The cost that insures a teen driver may cost $5,386 or more

View Chart as Image

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

If you like to drive fast or you caused an accident, you are probably paying at a minimum $1,800 to $2,400 additional per year, depending on your age. A high-risk auto insurance policy can be anywhere from 45% to 133% more than a normal policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,400 a year for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records should be prepared to pay upwards of $5,300 a year. View Rates by Age

Where you live has a huge impact on Lexus GS 300 insurance rates. A driver around age 40 might see rates as low as $990 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $2,050 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $720 each year, while buying higher liability limits will cost you more. Switching 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

With so much variability in rates, the only way to figure out exactly what you will pay is to get quotes from as many companies as possible. Each insurance company uses a different method to calculate rates, and rates can be significantly different.

How to Find the Best Cheap Lexus GS 300 Insurance

Saving money on Lexus GS 300 insurance requires being a good driver, having a good credit score, avoid buying unnecessary coverage, and insuring your home and auto with the same company. Compare prices every other policy renewal by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following list is a quick review of the ideas that were covered in the charts and tables above.

• Drivers age 16 to 20 pay higher rates, costing up to $449 per month if comprehensive and collision insurance is included
• High-risk drivers with a DUI or reckless driving violation may pay on average $1,760 more each year than a safer driver
• Increasing deductibles can save approximately $700 each year
• It is possible to save as much as $190 per year simply by quoting early and online