Lexus IS 300 Insurance Rates

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Jeffrey Johnson

Insurance Lawyer

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Insurance Lawyer

UPDATED: Jun 9, 2024

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The average insurance prices for a Lexus IS 300 are $1,486 every 12 months including full coverage. Comprehensive insurance costs on average $302 a year, collision insurance costs $574, and liability insurance is estimated at $452. A liability-only policy costs approximately $504 a year, and high-risk insurance costs $3,230 or more. Teenage drivers cost the most to insure at up to $5,580 a year.

Average premium for full coverage: $1,486

Policy rates by type of insurance:

Comprehensive $302
Collision $574
Liability $452

Rate estimates include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and IS 300 trim levels.

Price Range Variability

For a driver around age 40, Lexus IS 300 insurance rates range from the cheapest price of $504 for just liability coverage to a high of $3,230 for a high-risk driver policy.

Liability Only $504
Full Coverage $1,486
High Risk $3,230

Urban vs. Rural Price Range

Living in a larger city has a significant impact on car insurance rates. Rural areas are shown to have more infrequent comprehensive and collision claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on car insurance rates.

Rural Areas $1,115
Small Cities $1,560
Large Cities $2,006

The examples above highlight why it is important to get quotes based on a specific location and their own driving history, rather than relying on average rates.

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.

Detailed Rate Analysis

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

  • The best discount rate is $847
  • Choosing higher $1,000 deductibles can save around $1,288 every year
  • The average price for a good driver age 40 with $500 deductibles is $1,486
  • Using low $100 deductibles for comp and collision coverage costs an extra $388 a year
  • High-risk insureds who are prone to accidents and violations could pay upwards of $3,230
  • Policy cost to insure a teen driver may cost $5,580 each year

View Chart as Image

Lexus IS 300 insurance cost comparison chart
Column chart showing Lexus IS 300 insurance prices range from $847 to $5,580 for full coverage

Car insurance rates for a Lexus IS 300 also range considerably based on liability limits and deductibles, your driving characteristics, and the trim level of your IS 300.

Using high physical damage deductibles can save as much as $590 each year, while buying higher liability limits will cost you more. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

Older drivers with no driving violations and higher deductibles could pay as little as $1,400 annually on average, or $117 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will be charged upwards of $5,500 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying at a minimum $1,800 to $2,400 extra every year, depending on your age. A high-risk auto insurance policy ranges anywhere from 43% to 135% more than a normal policy. View High Risk Driver Rates

Your home state plays a big part in determining prices for Lexus IS 300 insurance rates. A good driver about age 40 could pay as low as $1,140 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,120 on average in Michigan, New York, and Louisiana.

Lexus IS 300 Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,344 -$142 -9.6%
Alaska $1,140 -$346 -23.3%
Arizona $1,232 -$254 -17.1%
Arkansas $1,486 -$0 0.0%
California $1,692 $206 13.9%
Colorado $1,418 -$68 -4.6%
Connecticut $1,528 $42 2.8%
Delaware $1,682 $196 13.2%
Florida $1,860 $374 25.2%
Georgia $1,372 -$114 -7.7%
Hawaii $1,068 -$418 -28.1%
Idaho $1,004 -$482 -32.4%
Illinois $1,108 -$378 -25.4%
Indiana $1,118 -$368 -24.8%
Iowa $1,002 -$484 -32.6%
Kansas $1,412 -$74 -5.0%
Kentucky $2,026 $540 36.3%
Louisiana $2,200 $714 48.0%
Maine $916 -$570 -38.4%
Maryland $1,226 -$260 -17.5%
Massachusetts $1,188 -$298 -20.1%
Michigan $2,582 $1,096 73.8%
Minnesota $1,244 -$242 -16.3%
Mississippi $1,780 $294 19.8%
Missouri $1,318 -$168 -11.3%
Montana $1,594 $108 7.3%
Nebraska $1,172 -$314 -21.1%
Nevada $1,782 $296 19.9%
New Hampshire $1,072 -$414 -27.9%
New Jersey $1,662 $176 11.8%
New Mexico $1,316 -$170 -11.4%
New York $1,564 $78 5.2%
North Carolina $856 -$630 -42.4%
North Dakota $1,218 -$268 -18.0%
Ohio $1,026 -$460 -31.0%
Oklahoma $1,524 $38 2.6%
Oregon $1,362 -$124 -8.3%
Pennsylvania $1,418 -$68 -4.6%
Rhode Island $1,984 $498 33.5%
South Carolina $1,346 -$140 -9.4%
South Dakota $1,254 -$232 -15.6%
Tennessee $1,300 -$186 -12.5%
Texas $1,792 $306 20.6%
Utah $1,100 -$386 -26.0%
Vermont $1,016 -$470 -31.6%
Virginia $890 -$596 -40.1%
Washington $1,148 -$338 -22.7%
West Virginia $1,362 -$124 -8.3%
Wisconsin $1,030 -$456 -30.7%
Wyoming $1,324 -$162 -10.9%

View Chart as Image

Lexus IS 300 insurance rates by U.S. city
Lexus IS 300 Insurance Rates by Model Year
Model Year Comprehensive Collision Liability Total Premium
2024 Lexus IS 300 $390 $718 $372 $1,638
2023 Lexus IS 300 $372 $690 $390 $1,610
2022 Lexus IS 300 $356 $686 $398 $1,598
2021 Lexus IS 300 $344 $668 $416 $1,586
2020 Lexus IS 300 $332 $640 $430 $1,560
2019 Lexus IS 300 $314 $618 $442 $1,532
2018 Lexus IS 300 $302 $574 $452 $1,486
2017 Lexus IS 300 $290 $540 $456 $1,444

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 Shop for the Best Lexus IS 300 Insurance

Finding cheaper rates on Lexus IS 300 insurance takes being a low-risk driver, maintaining a good credit score, paying for small claims out-of-pocket, and possibly raising deductibles. Set aside time to compare rates every time your policy renews by requesting rates from direct car insurance companies, and also from your local independent and exclusive agents.

The items below are a brief recap of the information covered above.

  • You may be able to save as much as $180 per year just by quoting early and online
  • Teen drivers are expensive to insure, with premiums being up to $465 each month if the policy includes full coverage
  • Increasing comprehensive and collision deductibles could save as much as $575 each year
  • High-risk drivers who tend to receive serious violations may pay on average $1,740 more each year to insure their IS 300
  • Drivers who require more liability coverage will pay an extra $500 per year to raise limits from a 30/60 limit to a 250/500 level

Rates by Driver Age

Lexus IS 300 Insurance Rates by Driver Age
Driver Age Premium
16 $5,580
20 $3,444
30 $1,548
40 $1,486
50 $1,358
60 $1,332

Full coverage, $500 deductibles

Rates by Deductible

Lexus IS 300 Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,874
$250 $1,694
$500 $1,486
$1,000 $1,288

Full coverage, driver age 40

Rates by Liability Limit

Lexus IS 300 Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,486
50/100 $1,576
100/300 $1,689
250/500 $1,983
100 CSL $1,622
300 CSL $1,870
500 CSL $2,051

Full coverage, driver age 40

Rates for High Risk Drivers

Lexus IS 300 Insurance Rates for High Risk Drivers
Age Premium
16 $7,974
20 $5,490
30 $3,298
40 $3,230
50 $3,084
60 $3,058

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.

SR-22 Surcharge $211

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $80
Multi-vehicle $79
Homeowner $22
5-yr Accident Free $111
5-yr Claim Free $97
Paid in Full/EFT $69
Advance Quote $75
Online Quote $106
Total Discounts $639
Rate after discounts $847

Discounts are estimated and may not be available from every company or in every state.

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