Lexus IS 300 Insurance Rates

Finding cheaper auto insurance by getting online quotes is easy and at the same time you may find lower rates. The key is to take the time to get as many rate quotes as possible so you can get the cheapest rate quotes.

Consumers who are new to the process of comparison shopping may think purchasing cheap Lexus IS 300 insurance is nearly impossible. Finding lower Lexus IS 300 insurance cost can be relatively painless. You just have to spend a little time to compare quotes from different insurance companies. It is quite easy and can be accomplished by completing this short form.

FREE Car Insurance Comparison

What factors impact your insurance rates?

Insurance premiums for a Lexus IS 300 can vary widely based upon several criteria. Taken into consideration are:

• Your driving record
• Credit rating
• Your gender can raise or lower rates
• Low deductibles cost more
• Your vehicle's safety rating
• Whether or not you have claims
• No coverage lapses saves money
• Whether you rent or own your home

One important consideration which can affect your rates is the age of the vehicle. New vehicles have a higher actual cash value compared to older Lexus models so repair costs are higher which can inflate annual premiums. Conversely, newer models have more advanced features such as anti-lock brakes, adaptive headlights, and adaptive cruise control which can give discounted rates.

To get a better idea how rates are influenced for your specific model year, select the year of your vehicle from available model years below.

• 2018 Lexus IS 300 Insurance Rates
• 2017 Lexus IS 300 Insurance Rates
• 2016 Lexus IS 300 Insurance Rates
• 2005 Lexus IS 300 Insurance Rates
• 2004 Lexus IS 300 Insurance Rates
• 2003 Lexus IS 300 Insurance Rates
• 2002 Lexus IS 300 Insurance Rates
• 2001 Lexus IS 300 Insurance Rates

Liability - Liability insurance protects you from damages or injuries you inflict on other people or property that is your fault. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so buy higher limits if possible.

Collision coverage - This pays for damage to your Lexus caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder. Lexus IS 300 collision insurance is rather expensive coverage, so consider dropping it from lower value vehicles. It's also possible to increase the deductible to bring the cost down.

Comprehensive or Other Than Collision - Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle's value is low consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - This protects you and your vehicle from other drivers when they do not carry enough liability coverage. Since a lot of drivers have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Medical costs insurance - Med pay and PIP coverage provide coverage for expenses like doctor visits, EMT expenses, and X-ray expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage.

How Much are Lexus IS 300 Insurance Rates?