Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage insurance. Comprehensive costs around $376 a year, collision insurance costs $688, and liability is estimated at $316. A policy with just liability insurance costs approximately $376 a year, and coverage for high-risk drivers costs around $3,276. 16-year-old drivers receive the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Rate estimates for individual coverage type:

Rate estimates include $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 states and GS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on car insurance rates. Areas with sparse population tend to have a lower frequency of physical damage claims than congested cities. The diagram below illustrates the effect of geographic area on auto insurance rates.

These examples illustrate why it is important to get quotes for a specific zip code and risk profile, instead of using rate averages.

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

Detailed Rate Analysis

The chart below illustrates average Lexus GS 300 insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $853
• Choosing higher $1,000 deductibles can save about $1,274 each year
• The average rate for a 40-year-old driver using $500 deductibles is $1,516
• Buying low $100 deductibles for comp and collision coverage will increase the cost to $1,986
• Unlucky drivers with multiple tickets or accidents could pay at least $3,276
• The cost for full coverage for a teen driver can be $5,386 each year

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 deductibles and policy limits.

Older drivers with no violations or accidents and high deductibles may pay as little as $1,400 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers should be prepared to pay as much as $5,300 a year. View Rates by Age

Where you live plays a big part in determining prices for Lexus GS 300 insurance prices. A good driver about age 40 could pay as low as $990 a year in states like Vermont, Wisconsin, and North Carolina, or at least $2,050 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles can save as much as $720 every year, while buying higher liability limits will increase rates. Switching from a 50/100 limit to a 250/500 limit will cost as much as $285 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying at least $1,800 to $2,400 additional per year, depending on your age. A high-risk auto insurance policy ranges as much as 45% to 133% more than the average rate. View High Risk Driver Rates

How to Find the Best Lexus GS 300 Insurance

Saving money on car insurance takes being safe and accident-free, having a good credit history, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Take the time to compare rates every other policy renewal by quoting rates from direct insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

Below you'll find a brief recap of the ideas that were covered in the above illustrations.

• Youthful drivers are charged the highest rates, costing up to $449 per month including comprehensive and collision insurance
• Higher risk drivers who tend to receive serious violations may pay on average $1,760 more every year than a low-risk driver
• Increasing deductibles can save around $700 each year
• It is possible to save up to $190 per year just by quoting early and online