Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year with full coverage. Comprehensive insurance costs on average $280 each year, collision costs $516, and liability costs $456. A liability-only policy costs as little as $508 a year, with high-risk insurance costing $3,064 or more. 16-year-old drivers cost the most to insure at $5,346 a year or more.

Average premium for full coverage: $1,410

Policy rates by type of insurance:

Prices include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on auto insurance rates. Rural areas are shown to have a lower frequency of collision claims than congested cities.

The graphic below illustrates how where you live affects car insurance rates.

The examples above demonstrate why all drivers should compare rates based on a specific location and risk profile, instead of making a decision based on rate averages.

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

Detailed Rate Analysis

The chart below details estimated Lexus NX 300 insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $810
• Drivers who choose higher $1,000 deductibles will pay around $180 annually
• The average rate for a good driver age 40 with $500 deductibles is $1,410
• Buying low deductibles for comprehensive and collision insurance will cost an extra $354 annually
• Drivers with multiple tickets or accidents could pay upwards of $3,064 or more
• Policy cost for full coverage for a 16-year-old driver may cost $5,346 a year

View Chart as Image

Car insurance rates for a Lexus NX 300 also range considerably based on your risk profile, the trim level and model year, and policy deductibles and limits.

More mature drivers with no driving violations and high deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged upwards of $5,300 a year. View Rates by Age

Your home state makes a big difference in Lexus NX 300 insurance prices. A 40-year-old driver could pay as low as $1,020 a year in states like New Hampshire, Ohio, and Utah, or at least $1,910 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $540 annually, whereas increasing liability limits will cost you more. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $411 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at a minimum $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can cost from 43% to 134% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to find out exactly what you will pay is to do a rate comparison from multiple companies. Every company utilizes a different rate formula, so rate quotes will be varied from one company to the next.

How to Find the Right Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 not only requires having a decent driving record, but also having above-average credit, not filing small claims, and maximizing policy discounts. Take the time to comparison shop at least every other year by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from local insurance agents.

The following items are a quick rundown of the car insurance concepts touched on in the above illustrations.

• Drivers considered higher risk with reckless driving or DUI convictions may be required to pay an average of $1,650 more each year than a driver with a clean driving record
• You may be able to save as much as $170 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $525 each year
• Insureds who require additional liability coverage will pay around $500 every year to go from a 30/60 limit to 250/500 limits