Lexus GS 300 Insurance Rates

U.S. average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage insurance. Comprehensive costs on average $376, collision insurance costs $688, and liability insurance 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 pay the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Price estimates by individual coverage:

These estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 states and for all GS 300 models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a significant impact on insurance rates. Rural areas have a lower frequency of physical damage claims than congested cities. The example below illustrates how location helps determine car insurance rates.

The ranges above illustrate why everyone should compare rates quotes based on a specific location and risk profile, rather than relying on rate averages.

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

Rate Comparisons

The chart below illustrates 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 each year
• The average rate for the average middle-age driver with $500 deductibles is $1,516
• Buying pricier low deductibles will increase the cost to $1,986
• Higher-risk drivers with multiple tickets or accidents could pay upwards of $3,276
• The price for full coverage for a teen driver for full coverage may cost $5,386

View Chart as Image

Insurance prices for a Lexus GS 300 are also quite variable based on your driving record, the model year and trim level, and policy deductibles and limits.

A more mature driver with a clean driving record and high deductibles could pay as little as $1,400 every 12 months on average for full coverage. Prices are highest for teenage drivers, where even good drivers can expect to pay upwards of $5,300 a year. View Rates by Age

The state you live in also has a big influence on Lexus GS 300 insurance rates. A middle-age driver might find prices as low as $990 a year in states like Vermont, Wisconsin, and North Carolina, or at least $2,050 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles can reduce prices by up to $720 each year, whereas buying more liability protection will cost you more. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $285 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at a minimum $1,800 to $2,400 extra each year, depending on your age. Lexus GS 300 insurance for high-risk drivers is expensive and can cost anywhere from 45% to 133% more than the average rate. View High Risk Driver Rates

How to Find Cheap Lexus GS 300 Insurance

Getting lower rates on Lexus GS 300 insurance consists of having a decent driving record, maintaining good credit, not filing small claims, and determing if full coverage is necessary. Invest time comparing rates every couple of years by requesting rates from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

The following items are a brief summary of the material that was covered in the charts and tables above.

• Drivers who require additional liability coverage will pay around $350 annually to raise from a low limit to 250/500 limits
• 16 to 18-year-old drivers pay the highest prices, as much as $449 a month for full coverage
• High-risk drivers that tend to have accidents or serious violations pay an average of $1,760 more each year than a driver with a clean driving record
• Increasing physical damage deductibles can save around $700 each year