Lexus IS 300 Insurance Rates

The average insurance prices for a Lexus IS 300 are $1,380 every 12 months with full coverage. Comprehensive insurance costs an estimated $278 each year, collision insurance costs $484, and liability is $460. Buying just liability costs around $510 a year, and insurance for high-risk drivers costs $2,992 or more. Teen drivers cost the most to insure at up to $5,240 a year.

Average premium for full coverage: $1,380

Policy rates broken down by type of insurance:

Prices are based on $500 physical damage deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and IS 300 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance rates. More rural locations are shown to have more infrequent collision claims than larger metro areas. The graphic below illustrates the effect of geographic area on insurance prices.

The examples above demonstrate why all drivers should compare rates quotes for a targeted area and their own driving history, instead of using price averages.

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

Additional Charts and Tables

The chart below details average Lexus IS 300 insurance rates for other coverage scenarios.

• The lowest rate with discounts is $799
• Raising to $1,000 deductibles will save approximately $172 annually
• The average price for a good driver age 40 who has $500 deductibles is $1,380
• Choosing low deductibles costs an extra $338 every year
• At-risk drivers with multiple violations and an at-fault accident could pay up to $2,992
• Policy cost to insure a teen driver can cost as much as $5,240

View Chart as Image

Insurance rates for a Lexus IS 300 also range considerably based on liability limits and deductibles, your driving record, and the model year and trim level.

Choosing high deductibles can reduce rates by up to $510 every year, whereas increasing liability limits will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $414 more per year. View Rates by Deductible or Liability Limit

More mature drivers with a clean driving record and higher deductibles may pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay at least $5,200 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out $1,600 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 44% to 129% more than average. View High Risk Driver Rates

Your home state also has a big influence on Lexus IS 300 insurance prices. A middle-age driver might find rates as low as $1,000 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,870 on average in New York, Michigan, and Florida.

View Chart as Image

How to Shop for Affordable Lexus IS 300 Insurance

Finding cheaper rates on car insurance consists of being a safe and courteous driver, having good credit, not filing small claims, and deciding if full coverage is necessary. Take the time to compare rates at least every other year by requesting rates from direct companies, and also from your local independent and exclusive agents.

Below is a brief review of the car insurance concepts covered in the above illustrations.

• Higher risk drivers with DUI or reckless driving convictions may pay on average $1,610 more annually for auto insurance
• You may be able to save approximately $170 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $500 each year
• Policyholders who want higher levels of liability will pay about $510 every year to raise from a 30/60 limit to a 250/500 level