Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,450 a year including full coverage. Comprehensive costs around $292 each year, collision insurance costs $548, and liability is estimated at $452. Buying just liability costs approximately $504 a year, and insurance for high-risk drivers costs around $3,152. Teen drivers cost the most to insure at up to $5,468 a year.

Average premium for full coverage: $1,450

Policy rates for type of insurance:

Price estimates include $500 physical damage insurance deductibles, liability limits of 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

Living in a larger city can make a big difference on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than larger metro areas. The graphic below illustrates how geographic area affects auto insurance rates.

The examples above highlight why all drivers should get quotes for a specific zip code and risk profile, instead of making a decision based on price averages.

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

More Rate Details

The chart below breaks down average Lexus NX 300 insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $830
• Choosing higher $1,000 deductibles can save about $190 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,450
• Choosing low deductibles for comp and collision coverage will increase the cost to $1,822
• Higher-risk drivers with multiple violations and an at-fault accident could pay at least $3,152
• Policy cost for full coverage for a 16-year-old driver can be $5,468 each year

View Chart as Image

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

More mature drivers with a clean driving record and high deductibles may pay as low as $1,400 annually on average, or $117 per month, for full coverage. Rates are highest for teenagers, where even good drivers can expect to pay as much as $5,400 a year. View Rates by Age

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 $1,110 a year in states like Missouri, New Hampshire, and Vermont, or as much as $2,070 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles can save as much as $570 annually, whereas increasing liability limits will increase rates. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $407 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,700 to $2,400 extra every year, depending on your age. Insurance for high-risk drivers ranges from 44% to 131% more than average. View High Risk Driver Rates

How to Find Cheaper Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 takes being a low-risk driver, maintaining good credit, paying for small claims out-of-pocket, and dropping full coverage on older vehicles. Invest the time to compare rates once a year by quoting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The items below are a condensed summary of the data that was presented in the illustrations above.

• You may be able to save up to $180 per year just by quoting online in advance
• Insureds who may need more liability coverage will pay about $500 per year to raise limits from a 30/60 limit to 250/500 limits
• Teen drivers pay higher rates, with premiums being up to $456 each month for full coverage
• Drivers considered higher risk with multiple at-fault accidents pay on average $1,700 more every year to insure their NX 300