Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage. Comprehensive insurance costs an estimated $280 a year, collision costs $516, and liability coverage is estimated at $456. A liability-only policy costs approximately $508 a year, with high-risk insurance costing $3,064 or more. Teens cost the most to insure at $5,346 a year or more.

Average premium for full coverage: $1,410

Policy rates broken down by type of insurance:

Rates are based on $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on insurance rates. More rural locations are shown to have a lower frequency of accident claims than cities with more traffic congestion.

The diagram below illustrates the effect of geographic area on insurance prices.

The examples above show why it is important to get quotes for a targeted area and risk profile, rather than using averaged prices.

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

Additional Rate Information

The chart below shows estimated Lexus NX 300 insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $810
• Choosing higher $1,000 deductibles can save approximately $1,230 a year
• The average rate for a good driver age 40 who has $500 deductibles is $1,410
• Selecting low $100 deductibles for comp and collision coverage will cost an extra $354 each year
• Drivers with serious driving violations could pay up to $3,064 or more
• Policy cost for full coverage for a teenage driver can cost as much as $5,346 each year

View Chart as Image

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

Older drivers with no driving violations and high deductibles may only pay around $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged at least $5,300 a year. View Rates by Age

Your home state plays a big part in determining prices for Lexus NX 300 insurance rates. A good driver about age 40 could pay as low as $930 a year in states like Iowa, Maine, and Idaho, or have to pay at least $2,010 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $540 a year, while buying higher liability limits will increase premiums. Going 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 could be paying $1,700 to $2,300 extra every year, depending on your age. A high-risk auto insurance policy ranges around 43% to 134% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to get quotes and see how they stack up. Each auto insurer calculates rates differently, so rate quotes will be varied from one company to the next.

How to Find the Best Cheap Lexus NX 300 Insurance

Finding cheaper rates on auto insurance takes avoiding accidents and violations, having above-average credit, avoid buying unnecessary coverage, and not having any coverage lapses. Take the time to compare rates every time your policy renews by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The list below is a quick review of the information covered in the above illustrations.

• Drivers can save approximately $170 per year simply by quoting early and online
• Teenagers have the highest car insurance rates, costing up to $446 each month if full coverage is included
• Increasing comprehensive and collision deductibles can save around $525 each year
• Drivers with a DUI or reckless driving violation pay an average of $1,650 more annually for car insurance
• Consumers who want higher liability limits will pay approximately $500 each year to raise limits from a 30/60 limit to 250/500 limits