Lexus IS 300 Insurance Rates

The average auto insurance rates for a Lexus IS 300 are $1,380 annually for full coverage. Comprehensive costs around $278, collision costs $484, and liability insurance is $460. Liability-only insurance costs around $510 a year, with high-risk driver insurance costing around $2,992. Teenage drivers cost the most to insure at $5,240 a year or more.

Average premium for full coverage: $1,380

Policy rates for type of insurance:

Estimates include $500 physical damage deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and for all IS 300 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on auto insurance rates. Areas with sparse population are shown to have fewer accident claims than densely populated cities.

The example below illustrates how your location can change auto insurance rates.

The examples above show why everyone should compare rates quotes for a specific zip code and their own personal driving habits, rather than relying on average rates.

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

Additional Charts and Tables

The chart below shows estimated Lexus IS 300 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $799
• Raising to $1,000 deductibles will save about $172 a year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,380
• Using pricier low deductibles will cost $1,718
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,992 or more
• Policy cost with full coverage for a teen driver for full coverage can be $5,240

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Auto insurance rates for a Lexus IS 300 also range considerably based on the model year and trim level, your driver profile, and deductibles and policy limits.

A more mature driver with a good driving record and high physical damage deductibles could pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have to pay as much as $5,200 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying at least $1,600 to $2,300 in extra premium every year, depending on your age. Lexus IS 300 insurance for high-risk drivers is expensive and can cost anywhere from 44% to 129% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $510 each year, whereas buying more liability protection will increase rates. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $414 extra every year. View Rates by Deductible or Liability Limit

Your home state also has a big influence on Lexus IS 300 insurance rates. A middle-age driver might find rates as low as $910 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,970 on average in Michigan, Louisiana, and New York.

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Because rates have so much variability, the only way to know your exact price is to regularly compare rates from as many companies as possible. Every auto insurance company uses a different method to calculate rates, and quoted rates will be varied between companies.

How to Buy Low Cost Lexus IS 300 Insurance

Finding cheaper rates on Lexus IS 300 insurance consists of being a safe and courteous driver, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Invest the time to shop around at every policy renewal by requesting quotes from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

Below is a review of the data illustrated above.

• Drivers who may need higher levels of liability will pay an extra $510 each year to raise from a 30/60 limit to higher 250/500 limits
• Drivers can save up to $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save up to $500 each year
• Teenage drivers are expensive to insure, costing up to $437 each month if full coverage is included