2023 Lexus IS 300 Car Insurance Calculator

Monitor in real-time how different factors affect car insurance rates for a 2023 Lexus IS 300. Customize choices like your marital status, location, and homeowner status to see their effect on premiums. Immediately discover if the choices you make are positive or negative.

The average estimated car insurance premium for a 2023 Lexus IS 300 is $2,568 per year, or about $214 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,568

Cost Per Month

$214

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Lexus IS 300 Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2023 Lexus IS 300.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,568
Average Rate
Your Rate
$2,568

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2023 Lexus IS 300 trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2023 Lexus IS 300 is $2,568.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2023 Lexus IS 300 Segment Comparison

The table below compares insurance rates for the 2023 Lexus IS 300 against all other models in the midsize luxury car segment. The Lexus IS 300 is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Lexus IS 300, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Lexus IS 300.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2023 Lexus IS 300 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Cadillac CT5$2,450-$118
2Lexus ES 350$2,460-$108
3Lexus ES 250$2,472-$96
4Lexus RC 300$2,482-$86
5Mercedes-Benz AMG CLA35$2,488-$80
6Audi A3$2,492-$76
7Mercedes-Benz AMG CLA45$2,546-$22
8Mercedes-Benz CLA250$2,554-$14
9Lexus IS 300$2,568--
10Jaguar XF$2,578$10
11Audi S4$2,628$60
12BMW i4$2,636$68
13Mercedes-Benz E350$2,654$86
14Lexus ES 300h$2,690$122
15BMW 530i$2,742$174
16Audi A6$2,798$230
17Audi S5$2,802$234
18BMW 540i$2,808$240
19BMW 430i$2,856$288
20Lexus IS 500$2,858$290
21Mercedes-Benz E450$2,886$318
22Genesis G80$2,892$324
2023 Midsize Luxury Car Average$2,899$331
23Mercedes-Benz CLS450$2,968$400
24Mercedes-Benz EQE 350$2,988$420
25Audi RS 5$2,996$428
26BMW 530e$3,014$446
27Audi S6$3,044$476
28Mercedes-Benz AMG C43$3,048$480
29BMW M440i$3,052$484
30Mercedes-Benz EQE 500$3,056$488
31Audi A7$3,176$608
32Infiniti Q50$3,180$612
33Lexus LC 500h$3,414$846
34BMW M550i$3,420$852
35Tesla Model S$3,498$930
36Audi S7$3,520$952
37BMW M5$3,624$1,056
38BMW M8$3,824$1,256

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2023 IS 300 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Lexus IS 300.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2023 Lexus IS 300 Insurance Rates by Trim Level
2023 Lexus IS 300 Trim Level Annual Premium Cost Per Month
Rear Wheel Drive$2,532$211
All Wheel Drive$2,600$217

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2023 Lexus IS 300 for different driver ages.

2023 Lexus IS 300 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,074$756
17$8,808$734
18$7,924$660
19$7,207$601
20$5,530$461
21$5,277$440
22$4,733$394
23$3,879$323
24$3,670$306
25$2,982$249
30$2,738$228
35$2,636$220
40$2,568$214
45$2,396$200
50$2,268$189
55$2,118$177
60$2,122$177
65$2,262$189
70$2,438$203
75$2,858$238
80$3,516$293

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Lexus IS 300 trim levels.