Lexus IS 300 Insurance Rates

U.S. average insurance prices for a Lexus IS 300 are $1,380 every 12 months with full coverage. Comprehensive insurance costs around $278 a year, collision insurance costs $484, and liability is estimated at $460. Liability-only coverage costs approximately $510 a year, and high-risk coverage costs $2,992 or more. Teen drivers pay the highest rates at up to $5,240 a year.

Average premium for full coverage: $1,380

Price estimates for individual coverage:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all U.S. states and IS 300 trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city can make a big difference on insurance rates. Areas with sparse population have more infrequent collision claims than larger metro areas. The diagram below illustrates how rural and urban location affects auto insurance rates.

The ranges above demonstrate why it is important to get quotes for a specific zip code and their own driving history, instead of making a decision based on 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 additional coverage choices and driver risks.

• The lowest rate with discounts is $799
• Choosing higher $1,000 deductibles can save about $1,208 annually
• The average price for the average middle-age driver using $500 deductibles is $1,380
• Choosing low $100 deductibles for comp and collision coverage costs an extra $338 annually
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $2,992
• The price to insure a 16-year-old driver can be $5,240 each year

View Chart as Image

Auto insurance prices for a Lexus IS 300 are also quite variable based on deductibles and policy limits, your driving record, and the trim level and model year.

Choosing high deductibles can save as much as $510 annually, while buying higher liability limits will increase prices. Moving from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $414 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may pay as low as $1,300 annually on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers will have to pay as much as $5,200 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you may be forking out at least $1,600 to $2,300 in extra premium each year, depending on your age. A high-risk auto insurance policy ranges from 44% to 129% more than average. View High Risk Driver Rates

The state you live in plays a big part in determining prices for Lexus IS 300 insurance prices. A good driver about age 40 could pay as low as $1,000 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,870 on average in Florida, Michigan, and New York.

View Chart as Image

How to Shop for the Best Lexus IS 300 Insurance

Getting lower rates on insurance for a Lexus IS 300 takes avoiding accidents and violations, having a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Set aside time to shop around every year by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The list below is a brief recap of the coverage data raised in the charts and tables above.

• You may be able to save up to $170 per year just by quoting early and online
• Increasing physical damage deductibles could save as much as $500 each year
• Teenagers are expensive to insure, costing up to $437 a month if comprehensive and collision insurance is included
• Drivers considered higher risk who tend to receive serious violations pay on average $1,610 more every year for car insurance