Lexus IS 300 Insurance Rates

Average auto insurance rates for a Lexus IS 300 are $1,380 annually with full coverage. Comprehensive insurance costs approximately $278 a year, collision insurance costs $484, and liability insurance is $460. A liability-only policy costs around $510 a year, and high-risk insurance costs $2,992 or more. Teenage drivers receive the highest rates at up to $5,240 a year.

Average premium for full coverage: $1,380

Rate estimates by individual coverage type:

These estimates include $500 deductibles, 30/60 bodily injury liability limits, and includes uninsured/under-insured motorist coverage. Rates are averaged for all U.S. states and IS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a significant impact on the price of insurance. Rural locations tend to have fewer collision claims than densely populated cities. The diagram below illustrates how where you live affects auto insurance prices.

These examples demonstrate why it is important to compare rates quotes using their specific location and their own personal driving habits, rather than relying on average rates.

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

More Rate Information

The chart below details average Lexus IS 300 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $799
• Raising to $1,000 deductibles will save $1,208 annually
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,380
• Using low $100 deductibles costs an additional $338 a year
• Higher-risk drivers who are prone to accidents and violations could pay around $2,992
• The cost with full coverage for a teen driver can cost $5,240

View Chart as Image

Insurance rates for a Lexus IS 300 can also vary considerably based on the trim level of your IS 300, your driving record, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high physical damage deductibles could pay as little as $1,300 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they can expect to pay in the ballpark of $5,200 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you may be forking out anywhere from $1,600 to $2,300 extra per year, depending on your age. A high-risk auto insurance policy 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, while buying higher liability limits will push rates upward. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $414 more per year. View Rates by Deductible or Liability Limit

Where you live also has a big influence on Lexus IS 300 insurance rates. A middle-age driver might find rates as low as $1,000 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,870 on average in New York, Michigan, and Florida.

View Chart as Image

How to Buy Cheap Lexus IS 300 Insurance

Saving money on Lexus IS 300 insurance consists of not taking risks behind the wheel, having a good credit history, eliminating unnecessary coverage, and possibly raising deductibles. Take the time to comparison shop at every other renewal by requesting rates from direct companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The following is a brief summary of the concepts that were touched on in the above illustrations.

• High-risk drivers that tend to have accidents or serious violations may pay on average $1,610 more per year for IS 300 insurance
• Teens are expensive to insure, with premiums as much as $437 per month including comprehensive and collision insurance
• You may be able to save around $170 per year just by quoting early and online
• Increasing deductibles could save up to $500 each year
• You may be able to save around $170 per year just by quoting early and online