Lexus IS 300 Insurance Rates

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

Average premium for full coverage: $1,380

Policy rates by type of insurance:

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

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on auto insurance rates. Rural areas are shown to have a lower frequency of collision claims than cities with more traffic congestion.

The example below illustrates how location helps determine car insurance rates.

The examples above demonstrate why everyone should get quotes based on a specific location and risk profile, instead of using averaged prices.

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

Additional Rate Information

The chart below details estimated Lexus IS 300 insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $799
• Choosing higher $1,000 deductibles can save around $172 annually
• The average rate for a good driver age 40 with $500 deductibles is $1,380
• Selecting pricier low deductibles for comp and collision coverage will cost an extra $338 every year
• Unlucky drivers with serious driving violations could pay upwards of $2,992 or more
• Policy cost for full coverage for a teen driver for full coverage may cost $5,240 each year

View Chart as Image

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

A more mature driver with no violations or accidents and high deductibles may pay as little as $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay upwards of $5,200 a year. View Rates by Age

Your home state plays a big part in determining prices for Lexus IS 300 insurance prices. A good driver about age 40 could pay as low as $1,000 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,870 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $510 every year, whereas buying more liability protection will cost you more. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $414 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at a minimum $1,600 to $2,300 additional every year, depending on your age. Lexus IS 300 insurance for high-risk drivers ranges as much as 44% to 129% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the best way to find out exactly what you will pay is to regularly compare rates and see which company has the best rate. Each auto insurer calculates rates differently, and rates will be varied from one company to the next.

How to Find the Right Lexus IS 300 Insurance

Finding cheaper rates on car insurance takes being a low-risk driver, having a good credit history, not filing small claims, and insuring your home and auto with the same company. Invest time comparing rates at every policy renewal by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from local insurance agents.

The items below are a quick rundown of the data covered in the charts and tables above.

• Policyholders who require more liability coverage will pay approximately $510 every year to raise limits from a 30/60 limit to 250/500 limits
• You may be able to save as much as $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save around $500 each year
• Teen drivers pay higher rates, as much as $437 each month including comprehensive and collision insurance