Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage. Comprehensive costs approximately $376 a year, collision insurance costs $688, and liability insurance 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. Teen 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:

Full coverage includes $500 physical damage deductibles, split liability limits of 30/60, and includes medical and UM/UIM coverage. Rates are averaged for all states and GS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on car insurance rates. Rural locations tend to have a lower frequency of accident claims than larger metro areas. The diagram below illustrates how location impacts auto insurance prices.

These examples show why it is important to compare prices using their specific location and risk profile, rather than relying on price averages.

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

More Rate Details

The chart below shows average Lexus GS 300 insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $853
• Using higher $1,000 deductibles will save $1,274 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,516
• Choosing low $100 deductibles for physical damage coverage will increase the cost to $1,986
• Drivers with multiple violations and an at-fault accident could pay around $3,276
• The cost for full coverage for a teen driver can cost $5,386 or more

View Chart as Image

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

Older drivers with no violations or accidents and high deductibles could pay as little as $1,400 a year for full coverage. Rates are highest for teen drivers, where even good drivers should be prepared to pay in the ballpark 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 $1,000 a year in states like Iowa, Maine, and Idaho, or as much as $2,160 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could cut rates by as much as $720 each year, while buying higher liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $285 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $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 average. View High Risk Driver Rates

How to Find More Affordable Lexus GS 300 Insurance

Saving money on Lexus GS 300 insurance requires being a safe and courteous driver, having a good credit history, eliminating unneeded coverage, and consideration of higher deductibles. Spend time shopping around at least once a year by getting quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

Below is a summary of the primary concepts that were touched on above.

• Drivers can save around $190 per year just by quoting early and online
• High-risk drivers who have multiple accidents or major violations may pay on average $1,760 more per year for auto insurance
• Increasing deductibles can save around $700 each year
• Teenage drivers are the costliest to insure, costing as high as $449 per month including comprehensive and collision insurance