Lexus IS 300 Auto Insurance (2024)
Average Lexus IS 300 auto insurance rates cost $1,598 a year, or around $133 a month. You can find cheap Lexus IS 300 insurance rates if you are a good driver—Mature drivers with good driving records may find rates as low as $939 a year.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
UPDATED: Jun 22, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jun 22, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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Key takeaways:
- Full coverage costs around $1,598 a year or $133 each month
- A liability-only policy costs around $641 a year or $53 each month
- Highest rates are for teenage drivers at around $5,841 a year or $487 each month
- Good drivers can save as much as $659 a year by earning policy discounts
- Lexus IS 300 insurance costs around $79 more per year than the average vehicle
Lexus IS 300 insurance rates are about $79 more per year than the average vehicle. Full coverage averages $1,598 a year or $133 a month.
Good drivers save up to $659 a year in policy discounts by practicing safe driving habits. We’re going to take a quick look at Lexus IS 300 insurance rates, crash test ratings, and more.
You can start comparing quotes for Lexus IS 300 car insurance rates from some of the best car insurance companies by using our free online tool now.
Lexus IS 300 Insurance Cost
The average car insurance costs for a Lexus IS 300 are $1,598 a year or $133 a month.
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Are Lexus IS 300s Expensive to Insure?
The chart below details how Lexus IS 300 insurance rates compare to other luxury cars like the Volvo S90, Mercedes-Benz C300, and Lexus GS 300.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Lexus IS 300 | $356 | $686 | $398 | $1,598 |
| Volvo S90 | $356 | $714 | $398 | $1,626 |
| Mercedes-Benz C300 | $404 | $718 | $372 | $1,652 |
| Lexus GS 300 | $344 | $656 | $338 | $1,474 |
| Jaguar XF | $406 | $804 | $398 | $1,766 |
| Audi A6 | $382 | $744 | $398 | $1,682 |
| Lexus IS 350 | $344 | $686 | $398 | $1,586 |
However, there are a few things you can do to find the cheapest Lexus insurance rates online.
What Impacts the Cost of Lexus IS 300 Insurance?
The Lexus IS 300 trim and model you choose can impact the total price you will pay for Lexus IS 300 insurance coverage.
Age of the Vehicle
Older Lexus IS 300 models generally cost less to insure. For example, car insurance for a 2018 Lexus IS 300 costs $1,598, while 2016 Lexus IS 300 insurance costs are $1,560, a difference of $38.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2018 Lexus IS 300 | $356 | $686 | $398 | $1,598 |
| 2017 Lexus IS 300 | $344 | $668 | $416 | $1,586 |
| 2016 Lexus IS 300 | $332 | $640 | $430 | $1,560 |
Driver Age
Driver age can have a significant impact on the cost of Lexus IS 300 auto insurance. For example, 20-year-old drivers pay as much as $2,025 more each year for their Lexus IS 300 auto insurance than 40-year-old drivers.
Driver Location
Where you live can have a large impact on Lexus IS 300 insurance rates. For example, drivers in Los Angeles may pay $879 a year more than drivers in Phoenix.
Your Driving Record
Your driving record can have an impact on the cost of Lexus IS 300 car insurance. Teens and drivers in their 20’s see the highest jump in their Lexus IS 300 auto insurance rates with violations on their driving record.
Lexus IS 300 Safety Ratings
The Lexus IS 300’s safety ratings will affect your Lexus IS 300 car insurance rates. See the chart below:
| Test Type | Rating |
| Small overlap front: driver-side | Good |
|---|---|
| Small overlap front: passenger-side | Not Tested |
| Moderate overlap front | Good |
| Side | Good |
| Roof strength | Good |
| Head restraints and seats | Good |
| Source: Insurance Institute for Highway Safety | |
Lexus IS 300 Crash Test Ratings
If the Lexus IS 300 crash test ratings are good, you could have lower Lexus IS 300 car insurance rates. See Lexus IS 300 crash test results below:
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 Lexus IS 300 4 DR RWD | 5 stars | 4 stars | 5 stars | 5 stars |
| 2020 Lexus IS 300 4 DR AWD | 5 stars | 4 stars | 5 stars | 5 stars |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
Lexus IS 300 Safety Features
The more safety features you have on your Lexus IS 300, the more likely it is that you can earn a discount. The Lexus IS 300’s safety features include:
- Driver Air Bag
- Passenger Air Bag
- Front Head Air Bag
- Rear Head Air Bag
- Front Side Air Bag
- Rear Side Air Bag
- 4-Wheel ABS
- 4-Wheel Disc Brakes
- Brake Assist
- Electronic Stability Control
- Daytime Running Lights
- Child Safety Locks
- Integrated Turn Signal Mirrors
- Traction Control
- Blind Spot Monitor
- Auto-Leveling Headlights
- Lane Departure Warning
- Lane Keeping Assist
- Cross-Traffic Alert
Lexus IS 300 Finance and Insurance Cost
If you are financing a Lexus IS 300, you will pay more if you purchase Lexus IS 300 car insurance at the dealership, so be sure to shop around and compare Lexus IS 300 car insurance quotes from the best companies using our FREE tool below.
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Ways to Save on Lexus IS 300 Insurance
You can save more money on your Lexus IS 300 auto insurance rates by employing any of the following five strategies.
- Move to an Area with a Lower Cost of Living
- Move to the Countryside
- Make Sure You’re Raising a Safe Driver
- Purchase a Roadside Assistance Program for Your Lexus IS 300
- Get Cheaper Lexus IS 300 Car Insurance Rates as a Full-Time Parent
Top Lexus IS 300 Insurance Companies
The best auto insurance companies for Lexus IS 300 car insurance rates will offer competitive rates, discounts, and account for the Lexus IS 300’s safety features. The following list of car insurance companies outlines which companies hold the highest market share.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | Geico | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: Insurance Information Institute | |||
Compare Free Lexus IS 300 Insurance Quotes Online
You can start comparing quotes for Lexus IS 300 car insurance rates from some of the best car insurance companies by using our free online tool now.
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Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Frequently Asked Questions
What factors can affect the cost of insurance for a Lexus IS 300?
Several factors can influence the cost of insurance for a Lexus IS 300. These factors may include the driver’s age, location, driving history, credit score, the vehicle’s value, safety features, theft rates, and the coverage options selected.
Is the Lexus IS 300 considered an expensive car to insure?
The cost of insurance for a Lexus IS 300 can vary depending on the aforementioned factors. Generally, luxury vehicles like the Lexus IS 300 tend to have higher insurance premiums due to their higher values and potentially higher repair costs. However, it’s best to get quotes from different insurance providers to determine the specific cost for your situation.
Are there any safety features in the Lexus IS 300 that may lower insurance costs?
Yes, the Lexus IS 300 comes equipped with various safety features that may help reduce insurance costs. These features may include advanced driver assistance systems (ADAS) such as lane departure warning, forward collision warning, adaptive cruise control, and anti-lock brakes. Insurance companies often consider vehicles with these safety features to be less risky, which can result in lower premiums.
Can I save money on insurance for a Lexus IS 300 by taking a defensive driving course?
In some cases, completing a defensive driving course may help you save money on insurance for your Lexus IS 300. Many insurance providers offer discounts for drivers who have completed an approved defensive driving course. It’s best to check with your insurance company to see if they offer such discounts and if they apply to the Lexus IS 300.
Should I purchase comprehensive and collision coverage for my Lexus IS 300?
The decision to purchase comprehensive and collision coverage for your Lexus IS 300 depends on your individual circumstances and preferences. Comprehensive coverage protects against non-collision-related damages such as theft, vandalism, or natural disasters. Collision coverage protects against damages from collisions with other vehicles or objects. If you have a loan or lease on your vehicle, your lender may require comprehensive and collision coverage. Otherwise, the choice is yours to make based on your assessment of the risks involved.
Are there any specific insurance considerations for leased or financed Lexus IS 300?
If you lease or finance a Lexus IS 300, the leasing or financing company may require you to carry specific insurance coverage. This often includes liability insurance, comprehensive coverage, and collision coverage. It’s essential to review the terms of your lease or financing agreement and consult with your insurance provider to ensure you meet the necessary insurance requirements.
Can I get insurance discounts for installing anti-theft devices in my Lexus IS 300?
Yes, installing anti-theft devices in your Lexus IS 300 can often lead to insurance discounts. Anti-theft devices such as car alarms, tracking systems, or immobilizers make your vehicle less prone to theft or damage, reducing the insurance company’s risk. Check with your insurance provider to see if they offer discounts for specific anti-theft devices and how much you can save.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.