Lexus GS 300 Insurance Rates

Estimated insurance prices for a Lexus GS 300 are $1,516 every 12 months for full coverage insurance. Comprehensive costs on average $376 each year, 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 pay the most at up to $5,386 a year.

Average premium for full coverage: $1,516

Premium estimates by type of coverage:

Rate estimates include $500 deductible amounts, 30/60 liability coverage, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 states and GS 300 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on insurance rates. Rural areas are statistically proven to have more infrequent physical damage claims than cities with more traffic congestion. The graphic below illustrates how where you live affects car insurance rates.

These rate differences illustrate why all drivers should compare rates quotes based on a specific location and their own driving history, instead of using 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 different risk profiles and scenarios.

• The cheapest rate after discounts is $853
• Raising to $1,000 deductibles will save around $242 each year
• The average price for a 40-year-old good driver with $500 deductibles is $1,516
• Selecting low deductibles increases the price to $1,986
• At-risk drivers with serious driving violations could pay upwards of $3,276
• An auto insurance policy to insure a teen driver may cost $5,386

View Chart as Image

Insurance prices for a Lexus GS 300 also have a wide range based on physical damage deductibles and liability limits, your risk profile, and the trim level of your GS 300.

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $720 every year, whereas increasing liability limits will cost you more. Switching from a 50/100 liability limit to a 250/500 limit will cost up to $285 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may pay as little as $1,400 every 12 months on average, or $117 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers can expect to pay upwards of $5,300 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are probably paying at a minimum $1,800 to $2,400 extra annually, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 45% to 133% more than the average policy. View High Risk Driver Rates

Where you choose to live 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 Vermont, Wisconsin, and North Carolina, or have to pay at least $2,050 on average in Michigan, New York, and Florida.

View Chart as Image

How to Shop for the Best Lexus GS 300 Insurance

Finding better rates on car insurance consists of having a good driving record, having good credit, paying for small claims out-of-pocket, and determing if full coverage is necessary. Take the time to comparison shop every year by getting rate quotes from direct insurance companies, and also from several local insurance agents.

The next list is a brief recap of the coverage data touched on in the above illustrations.

• It is possible to save as much as $190 per year just by quoting online in advance
• Increasing policy deductibles could save as much as $700 each year
• Drivers age 20 and younger pay the highest prices, with premiums being up to $449 per month if they have full coverage
• Higher risk drivers who tend to receive serious violations pay on average $1,760 more each year to buy Lexus GS 300 insurance