Lexus IS 300 Insurance Rates
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Michelle Robbins
Licensed Insurance Agent
Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
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UPDATED: Jun 9, 2024
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Estimated auto insurance rates for a Lexus IS 300 are $1,380 annually for full coverage. Comprehensive insurance costs around $278 a year, collision costs $484, and liability coverage is $460. Liability-only insurance costs around $510 a year, with high-risk driver insurance costing $2,992 or more. Teen drivers pay the most at $5,240 a year or more.
Average premium for full coverage: $1,380
Premium estimates for type of coverage:
Price estimates include $500 physical damage deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all states and IS 300 trim levels.
Insurance Price Range by Risk and Coverage
For the average driver, insurance rates for a Lexus IS 300 go from as cheap as $510 for basic liability insurance to a high of $2,992 for coverage for higher-risk drivers.
Insurance Price Range by Location
Choosing to live in a large city has a large influence on auto insurance rates. Areas with sparse population are statistically proven to have fewer accident claims than larger metro areas.
The diagram below illustrates how location impacts auto insurance rates.
These rate differences show why it is important to compare rates quotes for a specific zip code and their own personal driving habits, rather than using price averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Rate Comparisons
The chart below shows estimated Lexus IS 300 insurance rates for additional coverage choices and driver risks.
- The lowest rate with discounts is $799
- Raising to $1,000 deductibles will save about $1,208 a year
- The estimated rate for a 40-year-old good driver using $500 deductibles is $1,380
- Choosing low $100 deductibles costs an additional $338 each year
- Unlucky drivers with multiple violations and an at-fault accident could pay at least $2,992 or more
- An auto insurance policy with full coverage for a teenage driver can be $5,240
Insurance prices for a Lexus IS 300 also have a wide range based on the model of your IS 300, your driver profile, and deductibles and policy limits.
Older drivers with no violations or accidents and high physical damage deductibles may only pay around $1,300 every 12 months on average, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even without any violations or accidents they should be prepared to pay as much as $5,200 a year. View Rates by Age
If you have a few violations or you caused a few accidents, you could be paying at least $1,600 to $2,300 additional annually, depending on your age. A high-risk auto insurance policy is expensive and can cost around 44% to 129% more than average. View High Risk Driver Rates
Choosing high deductibles can reduce prices by up to $510 a year, while buying higher liability limits will increase prices. Going from a 50/100 bodily injury limit to a 250/500 limit will cost up to $414 more each year. View Rates by Deductible or Liability Limit
Where you choose to live also has a big influence on Lexus IS 300 insurance rates. A middle-age driver might find prices as low as $910 a year in states like Idaho, Maine, and Iowa, or as much as $1,970 on average in Michigan, Louisiana, and New York.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,250 | -$130 | -9.4% |
| Alaska | $1,060 | -$320 | -23.2% |
| Arizona | $1,146 | -$234 | -17.0% |
| Arkansas | $1,380 | -$0 | 0.0% |
| California | $1,574 | $194 | 14.1% |
| Colorado | $1,320 | -$60 | -4.3% |
| Connecticut | $1,420 | $40 | 2.9% |
| Delaware | $1,562 | $182 | 13.2% |
| Florida | $1,728 | $348 | 25.2% |
| Georgia | $1,274 | -$106 | -7.7% |
| Hawaii | $992 | -$388 | -28.1% |
| Idaho | $934 | -$446 | -32.3% |
| Illinois | $1,030 | -$350 | -25.4% |
| Indiana | $1,040 | -$340 | -24.6% |
| Iowa | $932 | -$448 | -32.5% |
| Kansas | $1,312 | -$68 | -4.9% |
| Kentucky | $1,886 | $506 | 36.7% |
| Louisiana | $2,044 | $664 | 48.1% |
| Maine | $852 | -$528 | -38.3% |
| Maryland | $1,140 | -$240 | -17.4% |
| Massachusetts | $1,106 | -$274 | -19.9% |
| Michigan | $2,400 | $1,020 | 73.9% |
| Minnesota | $1,156 | -$224 | -16.2% |
| Mississippi | $1,654 | $274 | 19.9% |
| Missouri | $1,224 | -$156 | -11.3% |
| Montana | $1,482 | $102 | 7.4% |
| Nebraska | $1,090 | -$290 | -21.0% |
| Nevada | $1,658 | $278 | 20.1% |
| New Hampshire | $996 | -$384 | -27.8% |
| New Jersey | $1,544 | $164 | 11.9% |
| New Mexico | $1,224 | -$156 | -11.3% |
| New York | $1,454 | $74 | 5.4% |
| North Carolina | $794 | -$586 | -42.5% |
| North Dakota | $1,130 | -$250 | -18.1% |
| Ohio | $954 | -$426 | -30.9% |
| Oklahoma | $1,420 | $40 | 2.9% |
| Oregon | $1,264 | -$116 | -8.4% |
| Pennsylvania | $1,318 | -$62 | -4.5% |
| Rhode Island | $1,842 | $462 | 33.5% |
| South Carolina | $1,250 | -$130 | -9.4% |
| South Dakota | $1,164 | -$216 | -15.7% |
| Tennessee | $1,210 | -$170 | -12.3% |
| Texas | $1,666 | $286 | 20.7% |
| Utah | $1,022 | -$358 | -25.9% |
| Vermont | $946 | -$434 | -31.4% |
| Virginia | $826 | -$554 | -40.1% |
| Washington | $1,068 | -$312 | -22.6% |
| West Virginia | $1,266 | -$114 | -8.3% |
| Wisconsin | $956 | -$424 | -30.7% |
| Wyoming | $1,232 | -$148 | -10.7% |
With such a large range in prices, the only way to know your exact price is to get quotes and see how they stack up. Every auto insurance company uses a different rate calculation, and prices will be substantially different between companies.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 Lexus IS 300 | $356 | $686 | $398 | $1,598 |
| 2023 Lexus IS 300 | $344 | $668 | $416 | $1,586 |
| 2022 Lexus IS 300 | $332 | $640 | $430 | $1,560 |
| 2021 Lexus IS 300 | $314 | $618 | $442 | $1,532 |
| 2020 Lexus IS 300 | $302 | $574 | $452 | $1,486 |
| 2019 Lexus IS 300 | $290 | $540 | $456 | $1,444 |
| 2018 Lexus IS 300 | $278 | $484 | $460 | $1,380 |
| 2017 Lexus IS 300 | $260 | $446 | $460 | $1,324 |
Rates are averaged for all Lexus IS 300 models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Buy Cheaper Lexus IS 300 Insurance
Finding better rates on auto insurance consists of being a safe and courteous driver, having good credit, not filing small claims, and taking advantage of discounts. Spend time shopping around at least once a year by quoting rates from direct carriers, and also from local independent and exclusive agents.
Below is a condensed summary of the primary concepts that were touched on above.
- Drivers can save up to $170 per year simply by quoting early and online
- Drivers with multiple at-fault accidents pay an average of $1,610 more every year for auto insurance
- Increasing policy deductibles could save up to $500 each year
- Teenage drivers are charged the highest prices, as much as $437 per month if they have full coverage
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $5,240 |
| 20 | $3,184 |
| 30 | $1,432 |
| 40 | $1,380 |
| 50 | $1,262 |
| 60 | $1,238 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,718 |
| $250 | $1,560 |
| $500 | $1,380 |
| $1,000 | $1,208 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,380 |
| 50/100 | $1,472 |
| 100/300 | $1,587 |
| 250/500 | $1,886 |
| 100 CSL | $1,518 |
| 300 CSL | $1,771 |
| 500 CSL | $1,955 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $7,462 |
| 20 | $5,074 |
| 30 | $3,050 |
| 40 | $2,992 |
| 50 | $2,858 |
| 60 | $2,834 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $73 |
| Multi-vehicle | $73 |
| Homeowner | $21 |
| 5-yr Accident Free | $99 |
| 5-yr Claim Free | $89 |
| Paid in Full/EFT | $61 |
| Advance Quote | $67 |
| Online Quote | $98 |
| Total Discounts | $581 |
Discounts are estimated and may not be available from every company or in every state.
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