Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year with full coverage. Comprehensive costs approximately $280, collision costs $516, and liability costs around $456. Liability-only coverage costs as low as $508 a year, with high-risk coverage costing around $3,064. Teens 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 policy deductibles, liability coverage up to 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and for different NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of insurance. Rural locations are shown to have lower incidents of collision claims than cities with more traffic congestion.

The price range example below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare prices using their specific location, instead of using averaged prices.

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

Detailed Rate Analysis

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

• The cheapest rate after discounts is $810
• Using higher $1,000 deductibles will save $180 annually
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,410
• Selecting more expensive low deductibles for physical damage coverage bumps up the cost to $1,764
• Drivers with serious driving violations could pay around $3,064 or more
• Policy cost that insures a teen driver with full coverage can cost $5,346 or more

View Chart as Image

Insurance rates for a Lexus NX 300 also range considerably based on the model year and trim level, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $1,700 to $2,300 additional every year, depending on your age. High-risk driver insurance can be as much as 43% to 134% more than the average policy. View High Risk Driver Rates

An older driver with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

Your home state has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see rates as low as $1,020 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,910 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $540 every year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to compare rates and see which company has the best rate. Each insurance company calculates rates differently, and rates will be varied.

How to Find More Affordable Lexus NX 300 Insurance

Finding cheaper rates on car insurance requires being safe and accident-free, having a good credit score, not filing small claims, and qualifying for all possible discounts. Compare rates every time your policy renews by requesting quotes from direct companies, and also from local insurance agencies.

Below you'll find a summary of the information covered above.

• You may be able to save around $170 per year simply by shopping early and online
• Youthful drivers are the costliest to insure, as much as $446 each month if comprehensive and collision insurance is included
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• Higher risk drivers who have multiple accidents or major violations may have to pay on average $1,650 more per year than a low-risk driver
• Policyholders who purchase more liability protection will pay approximately $500 every year to increase from a 30/60 limit to the 250/500 level