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 an estimated $278, collision costs $484, and liability costs $460. A policy with just liability insurance costs as little as $510 a year, with coverage for high-risk drivers costing $2,992 or more. Teenage drivers pay the highest rates at $5,240 a year or more.

Average premium for full coverage: $1,380

Price estimates broken down by individual coverage:

These estimates include $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 states and for all IS 300 models.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on the price of insurance. More rural locations have a lower frequency of physical damage claims than densely populated cities.

The example below illustrates how your location can change insurance prices.

The ranges above illustrate why everyone should compare rates for a targeted area and risk profile, instead of using average rates.

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

Detailed Rate Analysis

The chart below illustrates estimated Lexus IS 300 insurance rates for other coverage scenarios.

• The best discount rate is $799
• Drivers who choose higher $1,000 deductibles will pay approximately $172 each year
• The average rate for the average middle-age driver who has $500 deductibles is $1,380
• Using pricier low deductibles for comprehensive and collision insurance will cost an extra $338 every year
• Higher-risk drivers who are prone to accidents and violations could pay up to $2,992 or more
• The price for full coverage for a teen driver for full coverage can cost as much as $5,240 a year

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 liability limits and deductibles.

A more mature driver with a clean driving record and high deductibles may pay as little as $1,300 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay at least $5,200 a year. View Rates by Age

The state you live in makes a big difference in Lexus IS 300 insurance prices. A 40-year-old driver could pay as low as $900 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,870 on average in Florida, New York, and Michigan.

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

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

Since prices can be so different, the only way to figure out which car insurance is cheapest is to regularly compare prices and see which company has the best price. Every company uses a different method to calculate prices, so the prices may be quite different from one company to the next.

How to Find Cheap Lexus IS 300 Insurance

Getting lower rates on car insurance not only requires being a good driver, but also maintaining good credit, not filing small claims, and taking advantage of discounts. Invest the time to shop around every other policy renewal by obtaining price quotes from direct insurance companies like Progressive and GEICO, and also from several local insurance agents.

The following list is a brief summary of the ideas that were illustrated above.

• Drivers age 16 to 20 are charged the highest prices, as much as $437 a month for full coverage
• Higher risk drivers that tend to have accidents or serious violations pay on average $1,610 more annually than a safer driver
• Increasing physical damage deductibles can save around $500 each year
• It is possible to save approximately $170 per year simply by quoting online well ahead of the renewal date