Lexus GS 300 Insurance Rates

The average auto insurance rates for a Lexus GS 300 are $1,516 annually for full coverage. Comprehensive costs on average $376 each year, collision costs $688, and liability is estimated at $316. A liability-only policy costs approximately $376 a year, with high-risk insurance costing around $3,276. Teenage drivers cost the most to insure at $5,386 a year or more.

Average premium for full coverage: $1,516

Policy rates by type of insurance:

Prices include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all states and GS 300 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on car insurance rates. Rural areas are shown to have fewer accident claims than densely populated cities.

The graphic below illustrates the difference between rural and urban areas on car insurance rates.

The examples above show why all drivers should get quotes based on a specific location and their own personal driving habits, instead of using average rates.

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

More Rate Details

The chart below shows estimated Lexus GS 300 insurance rates for different risk profiles and scenarios.

• The best discount rate is $853
• Choosing higher $1,000 deductibles can save around $242 a year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,516
• Using low deductibles for comp and collision coverage will cost $1,986
• Unlucky drivers who are prone to accidents and violations could pay upwards of $3,276 or more
• Policy cost with full coverage for a teen driver may cost $5,386 each year

View Chart as Image

Car insurance rates for a Lexus GS 300 also range considerably based on the model year and trim level, your driver profile, and policy deductibles and limits.

More mature drivers with no driving violations and high physical damage deductibles may pay as little as $1,400 annually on average, or $117 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged upwards of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying at a minimum $1,800 to $2,400 extra every year, depending on your age. Insurance for high-risk drivers ranges as much as 45% to 133% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $720 every year, whereas increasing liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $285 extra every 12 months. View Rates by Deductible or Liability Limit

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

View Chart as Image

Because rates have so much variability, the only way to know exactly what you will pay is to do a rate comparison and see which company has the best rate. Each auto insurer uses a different method to calculate rates, so rate quotes will be varied between companies.

How to Buy the Right Lexus GS 300 Insurance

Finding cheaper rates on car insurance takes having a decent driving record, having a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Set aside time to compare rates at every policy renewal by getting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local insurance agents.

The following items are a quick rundown of the data covered above.

• Policyholders who require additional liability coverage will pay an extra $350 each year to raise limits from a 30/60 limit to higher 250/500 limits
• Drivers can save as much as $190 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save up to $700 each year
• 16 to 18-year-old drivers are expensive to insure, costing up to $449 each month if comprehensive and collision insurance is included