Lexus IS 300 Insurance Rates

U.S. average insurance rates for a Lexus IS 300 are $1,380 a year for full coverage insurance. Comprehensive insurance costs on average $278, collision insurance costs $484, and liability costs around $460. Buying just liability costs as low as $510 a year, and insurance for high-risk drivers costs $2,992 or more. Teens pay the highest rates at up to $5,240 a year.

Average premium for full coverage: $1,380

Price estimates by individual coverage:

Prices include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Estimates are averaged for all 50 states and for all IS 300 models.

Price Range from Low to High

Geographic Price Range

Where you live can have significant affects on insurance rates. Rural areas have a lower frequency of physical damage claims than cities with more traffic congestion. The example below illustrates how where you live affects car insurance rates.

The ranges above illustrate why everyone should compare prices 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 Details

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

• The cheapest rate after discounts is $799
• Using higher $1,000 deductibles will save around $172 each year
• The average rate for the average middle-age driver with $500 deductibles is $1,380
• Selecting pricier low deductibles for physical damage coverage will cost an extra $338 every year
• Drivers with serious driving violations could pay upwards of $2,992
• The price for full coverage for a teen driver for full coverage may cost $5,240 or more

View Chart as Image

Insurance prices for a Lexus IS 300 are also quite variable based on your driving record, the model year and trim level, and policy deductibles and limits.

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

The state you live in has a huge impact on Lexus IS 300 insurance prices. A driver around age 40 might see prices as low as $900 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,870 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $510 every year, whereas buying more liability protection will cost you more. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying at a minimum $1,600 to $2,300 additional each year, depending on your age. Lexus IS 300 insurance for high-risk drivers can be as much as 44% to 129% more than the average policy. View High Risk Driver Rates

How to Find the Right Lexus IS 300 Insurance

Getting lower rates on car insurance requires avoiding accidents and violations, having a good credit history, not filing small claims, and dropping full coverage on older vehicles. Take the time to comparison shop at least once a year by getting quotes from direct insurance companies like Progressive and GEICO, and also from local independent and exclusive agents.

The list below is a quick rundown of the primary concepts that were touched on in the above illustrations.

• It is possible to save as much as $170 per year just by quoting online well ahead of the renewal date
• Higher risk drivers with reckless driving or DUI convictions pay an average of $1,610 more each year for car insurance
• Increasing physical damage deductibles can save around $500 each year
• Teenagers pay higher prices, as much as $437 a month including comprehensive and collision insurance