Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,410 every 12 months for full coverage insurance. Comprehensive insurance costs approximately $280, collision costs $516, and liability is estimated at $456. Liability-only insurance costs approximately $508 a year, with high-risk driver 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:

Full coverage includes $500 deductible amounts, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and for all NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of auto insurance. Rural locations are shown to have more infrequent physical damage claims than congested cities.

The example below illustrates how geographic area affects auto insurance prices.

The examples above illustrate why everyone should get quotes using their specific location and their own driving history, instead of making a decision based on rate averages.

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

Additional Charts and Tables

The chart below illustrates estimated Lexus NX 300 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $810
• Choosing higher $1,000 deductibles can save $180 each year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,410
• Buying pricier low deductibles for comp and collision coverage costs an extra $354 annually
• Higher-risk drivers with multiple tickets or accidents could pay around $3,064 or more
• Policy cost to insure a 16-year-old driver for full coverage can cost $5,346 each year

View Chart as Image

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

Opting for high physical damage deductibles can save as much as $540 annually, whereas buying more liability protection will push rates upward. Switching from a 50/100 liability limit to a 250/500 limit will raise rates by up to $411 extra every year. View Rates by Deductible or Liability Limit

A more mature driver with a good driving record and higher deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers will have to pay in the ballpark of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are probably paying anywhere from $1,700 to $2,300 in extra premium every year, depending on your age. Lexus NX 300 insurance for high-risk drivers ranges from 43% to 134% more than the average rate. View High Risk Driver Rates

Your home state plays a big part in determining prices for Lexus NX 300 insurance prices. A good driver about age 40 could pay as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to regularly compare rates from multiple companies. Each auto insurer utilizes a different rate formula, and quoted rates will be varied.

How to Shop for More Affordable Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 takes having a good driving record, having a good credit score, being claim-free, and not having any coverage lapses. Invest the time to compare rates at least every other year by getting rate quotes from direct insurance companies, and also from local insurance agencies.

The next list is a summary of the car insurance concepts presented in the illustrations above.

• Drivers considered higher risk who have multiple accidents or major violations may have to pay on average $1,650 more per year to buy Lexus NX 300 insurance
• It is possible to save around $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• Insureds who purchase increased levels of liability coverage will pay around $500 annually to raise limits from a 30/60 limit to a 250/500 level