Lexus GS 300 Insurance Rates

U.S. average insurance prices for a Lexus GS 300 are $1,516 every 12 months for full coverage insurance. Comprehensive insurance costs on average $376 each year, collision insurance costs $688, and liability is $316. A policy with just liability insurance costs around $376 a year, and coverage for high-risk drivers costs $3,276 or more. 16-year-old drivers pay the highest rates at up to $5,386 a year.

Average premium for full coverage: $1,516

Price estimates by individual coverage:

Price estimates include $500 physical damage insurance deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 states and GS 300 models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can have significant affects on insurance rates. Rural areas have more infrequent physical damage claims than congested cities. The graphic below illustrates how rural and urban location affects car insurance rates.

The ranges above illustrate why all drivers should compare rates quotes based on a specific location and their own driving history, 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 different risk profiles and scenarios.

• The best full coverage rate is $853
• Raising to $1,000 deductibles will save around $242 each year
• The average price for the average middle-age driver with $500 deductibles is $1,516
• Buying low deductibles costs an extra $470 every year
• At-risk drivers with multiple tickets or accidents could pay upwards of $3,276
• The price to insure a teen driver may cost $5,386

View Chart as Image

Insurance prices for a Lexus GS 300 are also quite variable based on deductibles and policy limits, your risk profile, and the trim level of your GS 300.

Opting for high physical damage 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 increase prices by as much as $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 for full coverage. Prices are highest for teenage drivers, since even excellent drivers can expect to pay upwards of $5,300 a year. View Rates by Age

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

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 Vermont, Wisconsin, and North Carolina, or at least $2,050 on average in Michigan, New York, and Florida.

View Chart as Image

How to Shop for Cheaper Lexus GS 300 Insurance

Getting lower rates on car insurance consists of being a low-risk driver, having good credit, not filing small claims, and determing if full coverage is necessary. Set aside time to shop around at least every other year by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The items below are a condensed summary of the car insurance concepts raised in the charts and tables above.

• Higher risk drivers with multiple at-fault accidents pay on average $1,760 more each year to insure their GS 300
• It is possible to save as much as $190 per year just by quoting online in advance
• Increasing physical damage deductibles could save as much as $700 each year
• Policyholders who require more liability coverage will pay around $350 annually to raise from a low limit to a 250/500 level