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 approximately $280 a year, collision insurance costs $516, and liability coverage costs $456. Liability-only coverage costs as little as $508 a year, and high-risk coverage costs $3,064 or more. Teenage drivers cost the most to insure at up to $5,346 a year.

Average premium for full coverage: $1,410

Policy rates by type of insurance:

Prices are based on $500 physical damage deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on car insurance rates. Rural locations are shown to have a lower frequency of accident claims than densely populated cities. The diagram below illustrates the difference location can make on auto insurance prices.

The examples above show why it is important to compare rates using their specific location and risk profile, rather than using average rates.

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

Detailed Rate Analysis

The chart below shows average Lexus NX 300 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $810
• Drivers who choose higher $1,000 deductibles will pay $1,230 a year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,410
• Using low $100 deductibles for comprehensive and collision insurance will cost an extra $354 each year
• High-risk insureds who are prone to accidents and violations could pay around $3,064
• Policy cost for full coverage for a teenage driver can cost $5,346 a year

View Chart as Image

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

Older drivers with no violations or accidents and high deductibles may only pay around $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

Your home state makes a big difference in Lexus NX 300 insurance rates. A 40-year-old driver could pay as low as $930 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,010 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $540 a year, while buying higher liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $411 more each year. 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 anywhere from $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can cost around 43% to 134% more than a normal policy. View High Risk Driver Rates

How to Find Affordable Lexus NX 300 Insurance

Finding cheaper rates on auto insurance not only requires being a safe and courteous driver, but also having a good credit history, avoid buying unnecessary coverage, and consideration of higher deductibles. Make time to compare rates at least once a year by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

Below is a brief review of the primary concepts that were touched on in this article.

• Drivers can save around $170 per year just by quoting early and online
• Drivers with DUI or reckless driving convictions may pay on average $1,650 more per year for auto insurance
• Increasing comprehensive and collision deductibles can save around $525 each year
• Teenage drivers are the costliest to insure, costing up to $446 each month including comprehensive and collision insurance