Lexus IS 300 Insurance Rates

Average insurance rates for a Lexus IS 300 are $1,444 a year for full coverage. Comprehensive insurance costs approximately $290, collision insurance costs $540, and liability costs $456. Liability-only coverage costs as little as $508 a year, and high-risk coverage costs $3,138 or more. Teen drivers receive the highest rates at up to $5,454 a year.

Average premium for full coverage: $1,444

Rate estimates by individual coverage type:

Prices are based on $500 deductibles, 30/60 split liability limits, and includes uninsured motorist coverage. Rates are averaged for all states and for all IS 300 models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on car insurance rates. Rural locations tend to have a lower frequency of accident claims than larger metro areas. The example below illustrates the difference between rural and urban areas on auto insurance prices.

These examples show why everyone should compare rates using their specific location and risk profile, instead of using price averages.

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

Insurance Rate Analysis

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

• The lowest rate with discounts is $827
• Drivers who choose higher $1,000 deductibles will pay $188 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,444
• Choosing pricier low deductibles for comprehensive and collision insurance will cost an extra $368 every year
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $3,138
• The cost for full coverage for a teen driver for full coverage can cost $5,454 a year

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Car insurance rates for a Lexus IS 300 can also vary considerably based on your driver profile, the trim level of your IS 300, and physical damage deductibles and liability limits.

A more mature driver with no driving violations and high deductibles may pay as little as $1,300 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers will be charged in the ballpark of $5,400 a year. View Rates by Age

Where you live makes a big difference in Lexus IS 300 insurance prices. A 40-year-old driver could pay as low as $950 a year in states like Iowa, Maine, and Idaho, or as much as $2,060 on average in New York, Louisiana, and Michigan.

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Choosing high deductibles could save up to $560 every year, whereas buying more liability protection will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $411 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,700 to $2,400 extra per year, depending on your age. Lexus IS 300 insurance for high-risk drivers can cost as much as 44% to 131% more than average. View High Risk Driver Rates

How to Find Affordable Lexus IS 300 Insurance

Saving money on car insurance not only requires being a safe driver, but also having above-average credit, eliminating unneeded coverage, and attention to physical damage deductibles. Set aside time to compare rates at least every other year by getting rate quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

Here is a brief review of the car insurance concepts covered above.

• Higher risk drivers with DUI or reckless driving convictions may pay on average $1,690 more per year for insurance
• Drivers can save around $180 per year just by quoting online well ahead of the renewal date
• Increasing deductibles can save around $550 each year
• Policyholders who purchase more liability insurance will pay about $500 each year to go from a minimum limit to 250/500 limits