Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage insurance. Comprehensive costs approximately $376 each year, collision insurance costs $688, and liability is $316. A liability-only policy costs around $376 a year, and high-risk insurance costs around $3,276. Teenage 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:

Prices are based on $500 policy deductibles, bodily injury liability limits of 30/60, and includes both medical and uninsured motorist insurance. Rates are averaged for all 50 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 the price of auto insurance. Rural locations tend to have a lower frequency of physical damage claims than densely populated cities. The graphic below illustrates how location helps determine auto insurance prices.

These examples illustrate why all drivers should compare rates quotes using their specific location and risk profile, instead of making a decision based on average rates.

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

Additional Rate Details

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

• The best discount rate is $853
• Raising to $1,000 deductibles will save $242 each year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,516
• Using low deductibles will increase the cost to $1,986
• Drivers who are prone to accidents and violations could pay around $3,276
• The cost for full coverage for a 16-year-old driver can cost $5,386

View Chart as Image

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

More mature drivers with a clean driving record and high deductibles may pay as low as $1,400 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay in the ballpark of $5,300 a year. View Rates by Age

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

View Chart as Image

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

If you like to drive fast or tend to cause accidents, you are probably paying anywhere from $1,800 to $2,400 extra per year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 45% to 133% more than a normal policy. View High Risk Driver Rates

How to Find Affordable Lexus GS 300 Insurance

Saving money on insurance for a Lexus GS 300 consists of avoiding accidents and claims, maintaining good credit, avoid buying unnecessary coverage, and possibly raising deductibles. Invest time comparing rates every other policy renewal by getting quotes from direct insurance companies like GEICO and Progressive, and also from your local independent and exclusive agents.

The points below are a brief review of the ideas that were covered in the charts and tables above.

• Drivers under the age of 20 are expensive to insure, costing up to $449 per month for full coverage
• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,760 more per year to insure a Lexus GS 300
• Increasing deductibles can save around $700 each year
• It is possible to save around $190 per year just by quoting online in advance