Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,410 every 12 months including full coverage. Comprehensive insurance costs an estimated $280 each year, collision costs $516, and liability coverage costs $456. Liability-only insurance costs as little as $508 a year, with high-risk driver insurance costing $3,064 or more. Teenage drivers 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:

Prices include $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of auto insurance. More rural locations are shown to have more infrequent comprehensive and collision claims than densely populated cities.

The graphic below illustrates how where you live affects insurance prices.

The examples above highlight why all drivers should compare rates for a targeted area and their own driving history, rather than using average rates.

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

More Rate Details

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

• The best discount rate is $810
• Drivers who choose higher $1,000 deductibles will pay approximately $180 every year
• The average price for a good driver age 40 who has $500 deductibles is $1,410
• Using low deductibles for comprehensive and collision insurance costs an extra $354 each year
• High-risk insureds who are prone to accidents and violations could pay up to $3,064 or more
• Policy cost to insure a teenage driver can cost as much as $5,346 a year

View Chart as Image

Auto insurance rates for a Lexus NX 300 also range considerably based on liability limits and deductibles, your driving characteristics, and the model year and trim level.

Using high physical damage deductibles could save up to $540 a year, whereas increasing liability limits will increase premiums. Changing 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

More mature drivers with a good driving record and higher deductibles may only pay around $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay at least $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 likely paying $1,700 to $2,300 in extra premium every year, depending on your age. Insurance for high-risk drivers can cost around 43% to 134% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in Lexus NX 300 insurance rates. A 40-year-old driver could pay as low as $1,080 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $2,010 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to do a rate comparison and see how they stack up. Every company uses a different method to calculate rates, and quoted rates will be varied.

How to Shop for the Right Lexus NX 300 Insurance

Finding cheaper rates on auto insurance not only requires having a decent driving record, but also having a good credit score, paying for small claims out-of-pocket, and qualifying for all possible discounts. Take the time to comparison shop every time your policy renews by obtaining price quotes from direct car insurance companies, and also from local insurance agencies.

The following items are a quick rundown of the information touched on in the above illustrations.

• You may be able to save approximately $170 per year simply by quoting online in advance
• 16 to 18-year-old drivers are the costliest to insure, with premiums being up to $446 each month if comprehensive and collision insurance is included
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• Drivers with reckless driving or DUI convictions may have to pay on average $1,650 more annually than a driver with a clean driving record
• Consumers who want additional liability coverage will pay an extra $500 per year to go from a 30/60 limit to a 250/500 level