Lexus GS 300 Insurance Rates

The average insurance prices for a Lexus GS 300 are $1,516 every 12 months for full coverage insurance. Comprehensive costs an estimated $376, collision insurance costs $688, and liability is $316. Liability-only coverage costs around $376 a year, and high-risk coverage costs around $3,276. Teens cost the most to insure at up to $5,386 a year.

Average premium for full coverage: $1,516

Policy rates broken down by type of insurance:

Rates are based on $500 policy deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and for all GS 300 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than cities with more traffic congestion. The example below illustrates how location helps determine insurance prices.

The examples above illustrate why everyone should compare rates quotes for a targeted area and their own driving history, instead of making a decision based on averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $853
• Raising to $1,000 deductibles will save approximately $242 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,516
• Selecting pricier low deductibles increases the price to $1,986
• Drivers with serious driving violations could pay up to $3,276
• Policy cost to insure a 16-year-old driver for full coverage can cost as much as $5,386

View Chart as Image

Insurance rates for a Lexus GS 300 also range considerably based on liability limits and deductibles, your risk profile, and the model year and trim level.

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $720 annually, whereas buying more liability protection will increase premiums. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $285 more each year. View Rates by Deductible or Liability Limit

A more mature driver with no violations or accidents and higher deductibles may pay as low as $1,400 every 12 months on average, or $117 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay at least $5,300 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying $1,800 to $2,400 additional every year, depending on your age. Lexus GS 300 insurance for high-risk drivers is expensive and can cost from 45% to 133% more than the average policy. View High Risk Driver Rates

Your home state 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 have to pay at least $2,050 on average in Florida, New York, and Michigan.

View Chart as Image

How to Shop for the Best Cheap Lexus GS 300 Insurance

Finding cheaper rates on insurance for a Lexus GS 300 consists of being a good driver, having above-average credit, being claim-free, and possibly raising deductibles. Invest time comparing rates every couple of years by requesting quotes from direct insurance companies, and also from insurance agencies where you live.

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

• Insureds who want an increased level of liability coverage will pay approximately $350 annually to raise from a 30/60 limit to a 250/500 level
• Drivers age 16 to 20 are expensive to insure, possibly costing $449 each month if full coverage is included
• Drivers considered higher risk with a DUI or reckless driving violation could be forced to pay on average $1,760 more annually than a safer driver
• Increasing comprehensive and collision deductibles could save as much as $700 each year