Lexus GS 300 Insurance Rates

Average insurance rates for a Lexus GS 300 are $1,516 a year for full coverage. Comprehensive insurance costs on average $376 each year, collision insurance costs $688, and liability is estimated at $316. Liability-only coverage costs approximately $376 a year, and high-risk coverage costs $3,276 or more. 16-year-old drivers receive the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Rate estimates by individual coverage type:

Includes $500 physical damage deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all states and GS 300 models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on car insurance rates. Rural areas tend to have a lower frequency of accident claims than congested cities. The graphic below illustrates the difference between rural and urban areas on car insurance rates.

These examples show why all drivers should get quotes based on a specific location and risk profile, instead of making a decision based on rate averages.

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

Rate Comparisons

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

• The best full coverage rate is $853
• Choosing higher $1,000 deductibles can save around $242 a year
• The average rate for a 40-year-old driver with $500 deductibles is $1,516
• Buying low deductibles for comp and collision coverage will cost an extra $470 annually
• Higher-risk drivers with multiple tickets or accidents could pay upwards of $3,276
• The cost for full coverage for a 16-year-old driver may cost $5,386 each year

View Chart as Image

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

More mature drivers with no driving violations and high deductibles may pay as low as $1,400 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers will be charged upwards of $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 $1,000 a year in states like Idaho, Maine, and Iowa, or at least $2,160 on average in Michigan, Louisiana, and New York.

View Chart as Image

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

If you like to drive fast or tend to cause accidents, you could be paying at a minimum $1,800 to $2,400 extra per year, depending on your age. Insurance for high-risk drivers ranges from 45% to 133% more than the average rate. View High Risk Driver Rates

How to Find the Cheapest Lexus GS 300 Insurance

Saving money on insurance for a Lexus GS 300 takes being a safe and courteous driver, having above-average credit, eliminating unneeded coverage, and possibly raising deductibles. Set aside time to compare rates once a year by getting quotes from direct carriers like GEICO and Progressive, and also from your local insurance agents.

Below is a recap of the data that was covered above.

• Drivers can save as much as $190 per year just by quoting online in advance
• Insureds who require higher levels of liability will pay around $350 each year to raise limits from a minimum limit to 250/500 limits
• Teenage drivers are expensive to insure, costing as high as $449 per month if full coverage is included
• Drivers considered higher risk that have major violations or accidents will pay on average $1,760 more each year for auto insurance