Lexus IS 300 Insurance Rates

The average auto insurance rates for a Lexus IS 300 are $1,444 annually including full coverage. Comprehensive insurance costs on average $290 a year, collision insurance costs $540, and liability coverage costs around $456. Buying just liability costs as low as $508 a year, and insurance for high-risk drivers costs $3,138 or more. Teenage drivers cost the most to insure at up to $5,454 a year.

Average premium for full coverage: $1,444

Policy rates by type of insurance:

Prices are based on $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and IS 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on car insurance rates. Rural areas are shown to have fewer comprehensive and collision claims than densely populated cities. The diagram below illustrates how your location can change car insurance rates.

The examples above highlight why it is important to compare prices based on a specific location and their own personal driving habits, rather than using average rates.

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

Rate Comparisons

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

• The best discount rate is $827
• Using higher $1,000 deductibles will save around $1,256 every year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,444
• Using low $100 deductibles for physical damage coverage costs an additional $368 each year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $3,138
• Policy cost with full coverage for a teenage driver may cost $5,454 or more

View Chart as Image

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

Older drivers with a clean driving record and high physical damage deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay upwards of $5,400 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at a minimum $1,700 to $2,400 extra every year, depending on your age. A high-risk auto insurance policy can be around 44% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $560 a year, while buying higher liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Lexus IS 300 insurance rates. A driver around age 40 might see rates as low as $1,110 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,060 on average in Michigan, New York, and Louisiana.

View Chart as Image

How to Buy Affordable Lexus IS 300 Insurance

Finding cheaper rates on auto insurance requires having a decent driving record, having a good credit history, paying for small claims out-of-pocket, and determing if full coverage is necessary. Invest the time to shop around at least every other year by getting price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following items are a brief review of the car insurance concepts illustrated above.

• Drivers with DUI or reckless driving convictions pay on average $1,690 more each year than a driver with a clean driving record
• You may be able to save as much as $180 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $550 each year
• Consumers who require additional liability coverage will pay an extra $500 per year to increase from a 30/60 limit to higher 250/500 limits