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 an estimated $376, collision insurance costs $688, and liability is $316. Buying just liability costs around $376 a year, and insurance for high-risk drivers costs around $3,276. Teenage drivers pay the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Price estimates broken down by individual coverage:

Rate estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 states and for different GS 300 trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can make a big difference on the price of insurance. More rural locations have lower incidents of physical damage claims than densely populated cities. The price range example below illustrates how location impacts insurance prices.

The ranges above illustrate why anyone shopping for car insurance should compare rates quotes for a targeted area, instead of making a decision based on average rates.

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 best discount rate is $853
• Raising to $1,000 deductibles will save approximately $242 each year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,516
• Using more expensive low deductibles bumps up the cost to $1,986
• Drivers who are prone to accidents and violations could pay up to $3,276
• The price that insures a 16-year-old driver with full coverage can cost as much as $5,386

View Chart as Image

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

If you have some driving violations or you caused an accident, you are probably paying $1,800 to $2,400 additional each year, depending on your age. High-risk driver insurance is expensive and can cost from 45% to 133% more than a normal policy. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,400 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay at least $5,300 a year. View Rates by Age

The state you live in also has a big influence on Lexus GS 300 insurance prices. A middle-age driver might find prices 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 prices by up to $720 annually, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $285 more each year. View Rates by Deductible or Liability Limit

How to Find the Best Lexus GS 300 Insurance

Getting lower rates on insurance for a Lexus GS 300 consists of having a good driving record, having a good credit score, not filing small claims, and possibly raising deductibles. Compare prices every other policy renewal by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The next list is a brief recap of the ideas that were touched on above.

• Drivers age 20 and younger are expensive to insure, as much as $449 a month if comprehensive and collision insurance is included
• Drivers considered higher risk who tend to receive serious violations may have to pay on average $1,760 more annually to buy Lexus GS 300 insurance
• Increasing physical damage deductibles can save approximately $700 each year
• It is possible to save approximately $190 per year just by shopping early and online