Lexus IS 300 Car Insurance Comparisons: Find Out Where It Ranks

How much are Lexus IS 300 car insurance rates? We analyze average prices from the base IS 300 Sedan up to the more appointed Premium Sedan model to find out how insurance cost ranks and compares to other midsize luxury cars.

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  • Lexus IS 300 car insurance costs an average of $2,414 per year, $1,207 for a 6-month policy, or around $201 per month.
  • With the cheapest car insurance rates, the IS 300 Rear Wheel Drive model costs an average of $2,276 per year to insure.
  • At the high end, the IS 300 F Sport AWD is the most expensive to insure at $2,510 for an annual policy.
  • As one of the cheaper midsize luxury cars to insure, the Lexus IS 300 costs $460 less per year on average to insure when compared to the other midsize luxury cars.

How much does Lexus IS 300 car insurance cost?

The average driver should plan on paying an average of $2,414 annually for full coverage to insure a Lexus IS 300. Depending on the trim level being insured, monthly car insurance for a 2024 Lexus IS 300 costs from $190 to $209.

When split out by coverage type, comprehensive coverage costs approximately $672 a year, liability and medical payments insurance will cost around $586, and the remaining collision insurance costs an estimated $1,156.

The rate chart below demonstrates how Lexus IS 300 insurance cost can change depending on driver age and the policy deductibles chosen. Insurance rate averages vary from the lowest price of $1,658 per year for a driver age 60 with $1,000 deductibles to the highest rate of $5,652 each year for a driver age 20 with $250 comprehensive and collision deductibles.

Average 2024 Lexus IS 300 car insurance premiums for different driver ages and policy deductibles.
Figure 1: Average 2024 Lexus IS 300 car insurance premiums for different driver ages and policy deductibles. Rates updated on June 27, 2025.

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Data Methodology: Average premiums are based on a 2024 model year Lexus IS 300. Rates assume a clean driving record and no claims or at-fault accidents. Comprehensive and collision coverage is included as well as UM/UIM and medical payments coverage. Premium amounts are averaged across all trim levels.

2024 Lexus IS 300 Insurance Cost by Driver Age and Deductibles
Driver Age Policy Deductible Annual Premium Cost Per Month
20-Year-Old$1,000$3,998$333
$500$4,802$400
$250$5,652$471
30-Year-Old$1,000$2,134$178
$500$2,586$216
$250$3,056$255
40-Year-Old$1,000$2,000$167
$500$2,414$201
$250$2,848$237
50-Year-Old$1,000$1,772$148
$500$2,132$178
$250$2,506$209
60-Year-Old$1,000$1,658$138
$500$1,994$166
$250$2,342$195

Data Methodology: Rated driver has no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for the 2024 Lexus IS 300. Updated June 27, 2025

The overall average rate in the chart above is the $500 deductible policy for a 40-year-old driver which costs $2,414 per year, or $201 per month. For the same deductible level, cost ranges from $1,994 for a 60-year-old driver to $4,802 for a 20-year-old driver.

The data below shows average insurance cost data for a Lexus IS 300 for the 2016 to 2024 model years.

Lexus IS 300 Insurance Cost for 2016-2024 Models
Model Year and Vehicle Annual Premium Cost Per Month
2024 Lexus IS 300$2,414$201
2023 Lexus IS 300$2,568$214
2022 Lexus IS 300$2,510$209
2021 Lexus IS 300$2,352$196
2020 Lexus IS 300$2,276$190
2019 Lexus IS 300$2,006$167
2018 Lexus IS 300$1,908$159
2017 Lexus IS 300$1,856$155
2016 Lexus IS 300$1,792$149

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 Lexus IS 300 trim levels for each model year. Updated June 26, 2025

Average annual premium and cost per month to insure 2016 to 2024 Lexus IS 300 models
Average annual premium and cost per month to insure 2016 to 2024 Lexus IS 300 models

The rate table below details the estimated annual and 6-month policy costs, including a monthly budget figure, for each Lexus IS 300 model and trim level.

2024 Lexus IS 300 Insurance Rates by Trim Level
2024 Lexus IS 300 Trim Level Annual Premium Cost Per Month
Rear Wheel Drive$2,276$190
All Wheel Drive$2,328$194
F Sport Design$2,430$203
F Sport$2,460$205
F Sport Design AWD$2,482$207
F Sport AWD$2,510$209

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. Updated June 27, 2025

Insurance cost by trim level for a 2024 Lexus IS 300 ranging from the Rear Wheel Drive model at $2,276 per year to the F Sport AWD model at $2,510
Insurance cost by trim level for a 2024 Lexus IS 300 ranging from the Rear Wheel Drive model at $2,276 per year to the F Sport AWD model at $2,510

How does Lexus IS 300 insurance cost compare?

When compared to popular vehicles in the midsize luxury car segment, car insurance rates for a Lexus IS 300 cost $32 less per year than the Lexus ES 350, $434 less than the BMW 530i, and $236 less than the Infiniti Q50.

The Lexus IS 300 ranks second out of 34 total comparison vehicles in the midsize luxury car category for most affordable car insurance cost. The IS 300 costs an average of $2,414 per year for an auto insurance policy with full coverage and the category average policy cost is $2,874 annually, a difference of $460 per year.

The next chart shows how the average car insurance rate for a Lexus IS 300 compares to the top 10 most popular midsize luxury cars in America like the Mercedes-Benz CLA250, Audi A6, and the Tesla Model S. A more comprehensive data table is included following the chart that details average auto insurance rates for all 34 models in the midsize luxury car category.

Average 2024 Lexus IS 300 car insurance premium compared to other midsize luxury car models.
Figure 2: Average 2024 Lexus IS 300 car insurance premium compared to other midsize luxury car models. Rates updated on June 27, 2025.

Data Methodology: Average rates are for a 2024 model year Lexus IS 300. Rated driver is a 40-year-old married male driver with a clean driving record and no at-fault accidents. Average premium includes all Lexus IS 300 trim levels. Comprehensive and collision deductibles are $500 and rates are averaged for all U.S. states.

Lexus IS 300 Insurance Cost Compared to All Midsize Luxury Cars
Rank Make and Model Annual Premium Difference
1Mercedes-Benz CLA250$2,410-$4
2Lexus IS 300$2,414--
3Lexus ES 350$2,446$32
4Mercedes-Benz AMG CLA35$2,456$42
5Lexus RC 300$2,462$48
6Jaguar XF$2,476$62
7Cadillac CT5$2,526$112
8Lexus ES 250$2,534$120
9Lexus ES 300h$2,572$158
10Audi A3$2,634$220
11Infiniti Q50$2,650$236
12Mercedes-Benz AMG CLA45$2,682$268
13Audi S4$2,692$278
14Mercedes-Benz EQE 350$2,724$310
15BMW i4$2,734$320
16Lexus IS 500$2,770$356
17BMW 530i$2,848$434
18Audi S5$2,890$476
19BMW 540i$2,900$486
20BMW 430i$2,940$526
21BMW i5$2,960$546
22Genesis G80$2,976$562
23Mercedes-Benz EQE 500$3,008$594
24Mercedes-Benz AMG C43$3,024$610
25Audi A6$3,036$622
26Tesla Model S$3,070$656
27BMW 530e$3,100$686
28Audi RS 5$3,106$692
29Audi S6$3,128$714
30BMW M440i$3,206$792
31Audi A7$3,268$854
32Lexus LC 500h$3,508$1,094
33Audi S7$3,624$1,210
34BMW M8$3,948$1,534

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 vehicle from the 2024 model year. Updated June 27, 2025

Other rates and insights

Some other noteworthy observations about Lexus IS 300 insurance rates include:

  • As you get older, Lexus IS 300 car insurance rates tend to be cheaper. The difference in 2024 IS 300 insurance cost between a 50-year-old driver ($2,132 per year) and a 30-year-old driver ($2,586 per year) is $454, or a savings of 19.2%.
  • Driving violations increase insurance rates. If you want to get the best price on IS 300 insurance rates, it’s necessary to obey traffic laws. Just a few minor traffic violations could end up increasing policy rates as much as $622 per year.
  • Policy discounts equal cheaper IS 300 insurance rates. Discounts may be available if the policyholders belong to certain professional organizations, are senior citizens, are good students, insure their home and car with the same company, or many other discounts which could save the average driver as much as $406 per year.
  • No accidents means cheaper rates. At-fault accidents increase insurance cost, possibly by an additional $1,130 per year for a 30-year-old driver and as much as $538 per year for a 60-year-old driver.
  • Age and gender affect car insurance rates. For a 2024 Lexus IS 300, a 20-year-old man pays an average price of $4,802 per year, while a 20-year-old female driver pays an estimated $3,452, a difference of $1,350 per year in favor of the women by a long shot. But by age 50, the rate for males is $2,132 and the rate for women is $2,084, a difference of only $48.
  • High-risk car insurance can get expensive. For a 20-year-old driver, having enough accidents and violations to require a high-risk insurance policy can cause a rate increase of $3,702 or more per year.
  • Better credit scores yield better car insurance rates. Drivers with high 800+ credit scores could save $379 per year over a slightly lower credit score between 670-739. Conversely, a weak credit rating could cost as much as $439 more per year.