Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage. Comprehensive costs an estimated $376, collision insurance costs $688, and liability insurance is estimated at $316. Liability-only coverage costs approximately $376 a year, and high-risk coverage 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 broken down by individual coverage type:

Includes $500 deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all states and for all GS 300 models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on insurance rates. More rural locations tend to have a lower frequency of accident claims than densely populated cities. The example below illustrates the difference between rural and urban areas on insurance prices.

These examples show why everyone should get quotes for a targeted area and risk profile, rather than relying on average rates.

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

Rate Comparisons

The chart below shows average Lexus GS 300 insurance rates for other coverage scenarios.

• The best discount rate is $853
• Choosing higher $1,000 deductibles can save approximately $242 a year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,516
• Using pricier low deductibles for comp and collision coverage will increase the cost to $1,986
• High-risk insureds who are prone to accidents and violations could pay up to $3,276
• The cost for full coverage for a teen driver for full coverage can cost as much as $5,386 each year

View Chart as Image

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

A more mature driver with no driving violations and high deductibles could pay as little as $1,400 annually on average for full coverage. Rates are much higher for teen drivers, where even good drivers will be charged at least $5,300 a year. View Rates by Age

Where you live plays a big part in determining prices for Lexus GS 300 insurance rates. A good driver about age 40 could pay as low as $1,000 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,160 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $720 each year, whereas buying more liability protection will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost as much as $285 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying $1,800 to $2,400 extra per year, depending on your age. Lexus GS 300 insurance for high-risk drivers ranges anywhere from 45% to 133% more than a normal policy. View High Risk Driver Rates

How to Find the Cheapest Lexus GS 300 Insurance

Saving money on Lexus GS 300 insurance takes not taking risks behind the wheel, having above-average credit, eliminating unneeded coverage, and possibly higher deductibles. Set aside time to compare rates at least once a year by getting rate quotes from direct carriers like GEICO and Progressive, and also from local independent and exclusive agents.

The following is a recap of the primary concepts that were covered above.

• Drivers can save approximately $190 per year just by quoting online well ahead of the renewal date
• High-risk drivers that have major violations or accidents pay an average of $1,760 more annually for GS 300 insurance
• Increasing deductibles can save around $700 each year
• Teens have the highest car insurance rates, costing as high as $449 per month if full coverage is included