Lexus IS 300 Insurance Rates

Average auto insurance rates for a Lexus IS 300 are $1,486 annually including full coverage. Comprehensive insurance costs approximately $302 each year, collision insurance costs $574, and liability insurance costs around $452. A liability-only policy costs as low as $504 a year, and high-risk insurance costs $3,230 or more. Teen 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:

Rates are based on $500 deductible amounts, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 U.S. states and IS 300 models.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on car insurance prices. Rural locations tend to have fewer comprehensive and collision claims than larger metro areas. The graphic below illustrates how your location can change auto insurance prices.

These examples highlight why all drivers should compare prices using their specific location and their own personal driving habits, rather than relying on price averages.

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

Additional Charts and Tables

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

• The lowest rate with discounts is $847
• Using higher $1,000 deductibles will save $198 every year
• The estimated rate for a 40-year-old driver who chooses $500 deductibles is $1,486
• Choosing low deductibles for physical damage coverage costs an additional $388 a year
• Drivers with multiple violations and an at-fault accident could pay around $3,230
• The cost with full coverage for a teen driver can cost $5,580 or more

View Chart as Image

Insurance rates for a Lexus IS 300 can also vary considerably based on the trim level of your IS 300, your driving characteristics, and physical damage deductibles and liability limits.

More mature drivers with a clean driving record and high physical damage deductibles could pay as little as $1,400 a year for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they can expect to pay in the ballpark of $5,500 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are likely paying anywhere from $1,800 to $2,400 extra per year, depending on your age. Insurance for high-risk drivers can be anywhere from 43% to 135% more than average. View High Risk Driver Rates

Choosing high deductibles could cut rates by as much as $590 each year, whereas increasing liability limits will push rates upward. Changing from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $407 more per year. View Rates by Deductible or Liability Limit

Where you live has a huge impact on Lexus IS 300 insurance rates. A driver around age 40 might see rates as low as $1,140 a year in states like Vermont, New Hampshire, and Missouri, or as much as $2,120 on average in Louisiana, New York, and Michigan.

View Chart as Image

How to Buy the Best Cheap Lexus IS 300 Insurance

Saving money on Lexus IS 300 insurance requires having a good driving record, having a good credit history, not filing small claims, and possibly raising deductibles. Invest the time to shop around every year by getting quotes from direct car insurance companies like Progressive and GEICO, and also from local insurance agencies.

The next list is a quick review of the coverage data illustrated above.

• You may be able to save around $180 per year just by quoting online in advance
• Increasing deductibles could save up to $575 each year
• Drivers age 20 and younger are expensive to insure, as much as $465 per month including comprehensive and collision insurance
• High-risk drivers with a DUI or reckless driving violation may have to pay on average $1,740 more per year to buy Lexus IS 300 insurance