Lexus IS 300 Insurance Rates

U.S. average insurance rates for a Lexus IS 300 are $1,380 a year including full coverage. Comprehensive costs an estimated $278, collision insurance costs $484, and liability is estimated at $460. Liability-only coverage costs approximately $510 a year, and high-risk coverage costs around $2,992. Teenage drivers pay the highest rates at up to $5,240 a year.

Average premium for full coverage: $1,380

Price estimates broken down by individual coverage:

Includes $500 policy deductibles, 30/60 liability coverage, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 U.S. states and for all IS 300 models.

Price Range from Low to High

Geographic Price Range

Living in a larger city can have significant affects on the price of auto insurance. More rural locations have lower incidents of comprehensive and collision claims than densely populated cities. The example below illustrates how geographic area affects insurance prices.

The ranges above highlight why everyone should get quotes for a targeted area, instead of 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 other coverage scenarios.

• The best discount rate is $799
• Choosing higher $1,000 deductibles can save approximately $172 every year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,380
• Using pricier low deductibles for comp and collision coverage bumps up the cost to $1,718
• Unlucky drivers who are prone to accidents and violations could pay up to $2,992
• The price that insures a teen driver for full coverage can cost as much as $5,240 each year

View Chart as Image

Auto insurance prices for a Lexus IS 300 are also quite variable based on the model of your IS 300, your driving record and age, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you are likely paying $1,600 to $2,300 in extra premium each year, depending on your age. Lexus IS 300 insurance for high-risk drivers ranges as much as 44% to 129% more than a normal policy. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,300 annually on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will have to pay at least $5,200 a year. View Rates by Age

The state you live in plays a big part in determining prices for Lexus IS 300 insurance prices. A good driver about age 40 could pay as low as $1,060 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,970 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $510 every year, whereas buying more liability protection will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $414 extra every year. View Rates by Deductible or Liability Limit

How to Find the Cheapest Lexus IS 300 Insurance

Getting lower rates on car insurance takes being safe and accident-free, maintaining a good credit score, being claim-free, and consideration of higher deductibles. Compare prices every year by getting rate quotes from direct car insurance companies, and also from your local car insurance providers.

Below you'll find a recap of the coverage data presented in the illustrations above.

• You may be able to save approximately $170 per year just by quoting online well ahead of the renewal date
• Increasing physical damage deductibles can save approximately $500 each year
• Youthful drivers are the costliest to insure, possibly costing $437 a month if the policy includes full coverage
• Higher risk drivers that have major violations or accidents could be charged and average of $1,610 more annually than a low-risk driver