Lexus IS 300 Insurance Rates

Average insurance rates for a Lexus IS 300 are $1,486 a year including full coverage. Comprehensive insurance costs on average $302 each year, collision insurance costs $574, and liability insurance costs $452. Buying just liability costs as little as $504 a year, and insurance for high-risk drivers costs $3,230 or more. Teenage drivers receive the highest rates at up to $5,580 a year.

Average premium for full coverage: $1,486

Rate estimates by individual coverage type:

Prices are based on $500 deductibles, 30/60 liability coverage, and includes medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and IS 300 models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on car insurance rates. Rural areas tend to have lower incidents of comprehensive and collision claims than densely populated cities. The graphic below illustrates the difference location can make on car insurance rates.

These examples highlight why all drivers should compare rates based on a specific location, rather than relying on average rates.

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

More Rate Details

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

• The best discount rate is $847
• Drivers who choose higher $1,000 deductibles will pay around $198 every year
• The estimated price for a 40-year-old driver with $500 deductibles is $1,486
• Using low deductibles for comprehensive and collision insurance will cost an additional $388 a year
• High risk drivers who are prone to accidents and violations could pay upwards of $3,230
• The cost that insures a teen driver may cost $5,580 a year

View Chart as Image

Auto insurance rates for a Lexus IS 300 can also vary considerably based on the trim level and model year, your driving record and age, and policy deductibles and limits.

If you like to drive fast or you caused an accident, you are likely paying at a minimum $1,800 to $2,400 in extra premium per year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 135% more than a normal policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles could pay as little as $1,400 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will have to pay upwards of $5,500 a year. View Rates by Age

Where you live makes a big difference in Lexus IS 300 insurance rates. A 40-year-old driver could pay as low as $1,140 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,120 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could save up to $590 each year, whereas increasing liability limits will cost you more. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $407 extra every year. View Rates by Deductible or Liability Limit

How to Find Affordable Lexus IS 300 Insurance

Saving money on Lexus IS 300 insurance not only requires not taking risks behind the wheel, but also maintaining a good credit score, not filing small claims, and deciding if full coverage is necessary. Compare prices every year by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The following is a brief review of the coverage data touched on in this article.

• You may be able to save as much as $180 per year just by quoting online in advance
• Increasing deductibles can save approximately $575 each year
• Teens are charged the highest rates, as much as $465 per month if the policy includes full coverage
• High-risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,740 more each year for IS 300 insurance