Lexus NX 300 Insurance Rates

The average auto insurance rates for a Lexus NX 300 are $1,410 annually including full coverage. Comprehensive costs around $280, collision costs $516, and liability insurance is estimated at $456. Liability-only insurance costs approximately $508 a year, with high-risk driver insurance costing around $3,064. Teenage drivers cost the most to insure at $5,346 a year or more.

Average premium for full coverage: $1,410

Policy rates for type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 bodily injury liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 U.S. states and for different NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of insurance. Areas with sparse population are shown to have fewer comprehensive and collision claims than densely populated cities.

The price range example below illustrates how location impacts auto insurance rates.

The examples above highlight why anyone shopping for car insurance should get quotes for a specific zip code and their own personal driving habits, rather than relying on average rates.

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

More Rate Information

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

• The best discount rate is $810
• Choosing higher $1,000 deductibles can save about $180 every year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,410
• Using more expensive low deductibles for comp and collision coverage will cost $1,764
• High-risk insureds who are prone to accidents and violations could pay at least $3,064 or more
• Policy cost with full coverage for a teen driver with full coverage can be $5,346 each year

View Chart as Image

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

An older driver with a good driving record and high physical damage deductibles could pay as little as $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have to pay as much as $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at least $1,700 to $2,300 in extra premium every year, depending on your age. High-risk driver insurance ranges anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $540 each year, while increasing your policy's liability limits will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $411 extra every year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for Lexus NX 300 insurance rates. A good driver about age 40 could pay as low as $1,080 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,010 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out your exact price is to compare rates from as many companies as possible. Each auto insurer uses a different method to calculate rates, and quoted rates will be varied between companies.

How to Buy the Best Lexus NX 300 Insurance

Finding cheaper rates on Lexus NX 300 insurance takes having a decent driving record, having above-average credit, paying for small claims out-of-pocket, and maximizing policy discounts. Spend time shopping around at every other renewal by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following items are a brief recap of the concepts that were touched on above.

• High-risk drivers who tend to receive serious violations may pay on average $1,650 more every year than a driver with a clean driving record
• 16 to 18-year-old drivers are expensive to insure, with premiums being up to $446 each month if full coverage is included
• You may be able to save up to $170 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles could save up to $525 each year
• You may be able to save up to $170 per year simply by shopping early and online