Lexus IS 300 Insurance Rates

Average insurance rates for a Lexus IS 300 are $1,486 a year including full coverage. Comprehensive costs on average $302, collision insurance costs $574, and liability is $452. A liability-only policy costs around $504 a year, and high-risk insurance costs around $3,230. Teens receive the highest rates at up to $5,580 a year.

Average premium for full coverage: $1,486

Rate estimates by individual coverage type:

Includes $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes medical and UM/UIM coverage. Rates are averaged for all 50 U.S. states and for different IS 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Rural areas tend to have a lower frequency of comprehensive and collision claims than cities with more traffic congestion. The price range example below illustrates how your location can change car insurance rates.

These examples highlight why anyone shopping for car insurance should compare rates quotes based on a specific location and risk profile, instead of using averaged prices.

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 cheapest rate after discounts is $847
• Raising to $1,000 deductibles will save around $198 every year
• The average rate for a 40-year-old driver with $500 deductibles is $1,486
• Selecting more expensive low deductibles will increase the cost to $1,874
• At-risk drivers with serious driving violations could pay upwards of $3,230
• The cost for full coverage for a teen driver with full coverage may cost $5,580

View Chart as Image

Insurance rates for a Lexus IS 300 can also vary considerably based on your driver profile, the model of your IS 300, and policy deductibles and limits.

An older driver with a clean driving record and high deductibles may pay as little as $1,400 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay upwards of $5,500 a year. View Rates by Age

Where you live also has a big influence on Lexus IS 300 insurance prices. A middle-age driver might find rates as low as $1,140 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $2,120 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce rates by up to $590 every year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost as much as $407 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying at a minimum $1,800 to $2,400 extra per year, depending on your age. High-risk driver insurance is expensive and can cost as much as 43% to 135% more than the average policy. View High Risk Driver Rates

How to Find the Cheapest Lexus IS 300 Insurance

Saving money on car insurance consists of having a decent driving record, maintaining good credit, not filing small claims, and determing if full coverage is necessary. Invest the time to shop around every other policy renewal by quoting rates from direct car insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

The following items are a recap of the ideas that were illustrated above.

• 16 to 18-year-old drivers pay the highest rates, as much as $465 per month for full coverage
• Higher risk drivers that have major violations or accidents may pay on average $1,740 more each year than a driver with a clean driving record
• Increasing deductibles can save around $575 each year
• You may be able to save as much as $180 per year just by shopping early and online