Lexus IS 300 Insurance Rates

The average insurance rates for a Lexus IS 300 are $1,380 a year for full coverage. Comprehensive insurance costs on average $278 each year, collision insurance costs $484, and liability costs $460. A liability-only policy costs as little as $510 a year, and high-risk insurance costs $2,992 or more. Teen drivers cost the most to insure at up to $5,240 a year.

Average premium for full coverage: $1,380

Policy rates by type of insurance:

Rate estimates include $500 deductible amounts, 30/60 split liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all states and IS 300 models.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on car insurance rates. Rural areas are shown to have lower incidents of accident claims than larger metro areas. The graphic below illustrates how where you live affects car insurance rates.

The examples above show why all drivers should compare rates based on a specific location, instead of using price averages.

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

Rates by State, City, and Model

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

• The lowest rate with discounts is $799
• Drivers who choose higher $1,000 deductibles will pay around $172 a year
• The estimated price for a good driver age 40 with $500 deductibles is $1,380
• Choosing low deductibles for comprehensive and collision insurance will cost an additional $338 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay upwards of $2,992
• Policy cost that insures a teen driver may cost $5,240 a year

View Chart as Image

Car insurance rates for a Lexus IS 300 also range considerably based on the trim level and model year, how you drive, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you could be paying at a minimum $1,600 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can cost as much as 44% to 129% more than average. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged upwards of $5,200 a year. View Rates by Age

Your home state makes a big difference in Lexus IS 300 insurance prices. A 40-year-old driver could pay as low as $910 a year in states like Idaho, Maine, and Iowa, or as much as $1,970 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles could save up to $510 every year, whereas increasing liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $414 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find the Best Lexus IS 300 Insurance

Finding cheaper rates on car insurance not only requires having a good driving record, but also having a positive credit history, avoid buying unnecessary coverage, and possibly raising deductibles. Shop around at least every other year by getting quotes from direct carriers, and also from local exclusive and independent agents.

The next list is a brief recap of the car insurance concepts touched on in the above illustrations.

• Higher risk drivers who tend to receive serious violations may pay on average $1,610 more each year to buy Lexus IS 300 insurance
• Drivers can save as much as $170 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $500 each year
• Policyholders who require increased levels of liability coverage will pay about $510 each year to go from a 30/60 limit to the 250/500 level