Lexus NX 300 Insurance Rates

Average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive costs an estimated $280 a year, collision costs $516, and liability costs around $456. A policy with just liability insurance costs as low as $508 a year, with coverage for high-risk drivers costing around $3,064. Teenage drivers receive the highest rates at $5,346 a year or more.

Average premium for full coverage: $1,410

Rate estimates broken down by individual coverage type:

These estimates include $500 physical damage deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 states and NX 300 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can make a big difference on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than densely populated cities.

The diagram below illustrates the difference between rural and urban areas on insurance prices.

These examples illustrate why it is important to compare prices for a targeted area and risk profile, instead of making a decision based on average rates.

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

Additional Rate Information

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

• The best discount rate is $810
• Using higher $1,000 deductibles will save approximately $1,230 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,410
• Using low $100 deductibles for physical damage coverage will increase the cost to $1,764
• High-risk insureds who are prone to accidents and violations could pay up to $3,064 or more
• The cost for full coverage for a 16-year-old driver can cost as much as $5,346 or more

View Chart as Image

Insurance rates for a Lexus NX 300 can also vary considerably based on your driver profile, the model year and trim level, and liability limits and deductibles.

Older drivers with no violations or accidents and high deductibles may pay as low as $1,300 a year for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay at least $5,300 a year. View Rates by Age

Where you live has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see rates as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $540 annually, while buying higher liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $411 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,700 to $2,300 additional per year, depending on your age. A high-risk auto insurance policy can be from 43% to 134% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to figure out which company is cheapest is to get quotes from multiple companies. Each insurance company uses a different method to calculate rates, and rates can be significantly different from one company to the next.

How to Find Cheap Lexus NX 300 Insurance

Saving money on insurance for a Lexus NX 300 requires being a safe and courteous driver, having a good credit history, avoid buying unnecessary coverage, and maximizing policy discounts. Set aside time to compare rates every time your policy renews by requesting rates from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

Below is a brief summary of the information covered above.

• It is possible to save approximately $170 per year simply by quoting early and online
• Teenage drivers are expensive to insure, costing up to $446 per month including comprehensive and collision insurance
• Increasing deductibles can save around $525 each year
• Drivers considered higher risk that tend to have accidents or serious violations pay on average $1,650 more annually for auto insurance
• Insureds who want higher levels of liability will pay an extra $500 annually to increase from a minimum limit to 250/500 limits