Lexus IS 300 Insurance Rates

U.S. average auto insurance rates for a Lexus IS 300 are $1,380 annually for full coverage. Comprehensive insurance costs an estimated $278 a year, collision insurance costs $484, and liability insurance costs $460. A policy with just liability insurance costs as little as $510 a year, and coverage for high-risk drivers costs $2,992 or more. 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:

Full coverage includes $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all states and IS 300 trim levels.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on insurance rates. More rural locations have fewer accident claims than densely populated cities. The diagram below illustrates how rural and urban location affects insurance prices.

The ranges above show why it is important to compare rates for a targeted area and their own personal driving habits, rather than relying on average rates.

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

Additional Charts and Tables

The chart below shows average 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 $1,208 a year
• The estimated rate for the average middle-age driver who has $500 deductibles is $1,380
• Using low $100 deductibles for comprehensive and collision insurance costs an additional $338 a year
• High risk drivers who are prone to accidents and violations could pay up to $2,992
• The price with full coverage for a teen driver can cost as much as $5,240 a year

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Insurance prices for a Lexus IS 300 are also quite variable based on the trim level and model year, your driver profile, and liability limits and deductibles.

Older drivers with a clean driving record and high physical damage deductibles could pay as little as $1,300 per year on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they can expect to pay at least $5,200 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you could be paying $1,600 to $2,300 extra each year, depending on your age. A high-risk auto insurance policy can cost anywhere from 44% to 129% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $510 each year, while buying higher liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

The state you live in makes a big difference in Lexus IS 300 insurance rates. A 40-year-old driver could pay as low as $910 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,970 on average in New York, Louisiana, and Michigan.

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How to Buy More Affordable Lexus IS 300 Insurance

Getting lower rates on Lexus IS 300 insurance not only requires avoiding accidents and violations, but also having a good credit history, eliminating unnecessary coverage, and deciding if full coverage is necessary. Set aside time to shop around at least every other year by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The list below is a summary of the car insurance concepts raised in the charts and tables above.

• High-risk drivers who have multiple accidents or major violations may pay on average $1,610 more annually for car insurance
• Drivers can save approximately $170 per year just by quoting early and online
• Increasing physical damage deductibles could save up to $500 each year
• Drivers who want higher liability limits will pay an extra $510 each year to go from a low limit to higher 250/500 limits