Lexus NX 300 Insurance Rates

The average auto insurance rates for a Lexus NX 300 are $1,410 annually with full coverage. Comprehensive insurance costs around $280 each year, collision costs $516, and liability is $456. Liability-only insurance costs around $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 for type of insurance:

Prices are based on $500 physical damage deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all U.S. states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on insurance rates. Areas with sparse population are shown to have fewer collision claims than densely populated cities.

The graphic below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above demonstrate why all drivers should compare rates quotes for a specific zip code and their own personal driving habits, instead of making a decision based on average rates.

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

More Rate Information

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

• The best discount rate is $810
• Raising to $1,000 deductibles will save about $180 annually
• The estimated rate for a good driver age 40 using $500 deductibles is $1,410
• Using low deductibles costs an additional $354 annually
• Drivers who are prone to accidents and violations could pay at least $3,064 or more
• Policy cost with full coverage for a 16-year-old driver can be $5,346

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 record, and deductibles and policy limits.

More mature drivers with a good driving record and high physical damage deductibles may pay as low as $1,300 every 12 months 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 may be forking out at least $1,700 to $2,300 in extra premium every year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 43% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce rates by up to $540 annually, whereas increasing liability limits will increase rates. Moving 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 also has a big influence on Lexus NX 300 insurance prices. A middle-age driver might find rates as low as $1,020 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,910 on average in Florida, Michigan, and New York.

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Because rates have so much variability, the best way to find out your exact price is to do a rate comparison from multiple companies. Every auto insurance company uses a different method to calculate rates, and quoted rates will be varied between companies.

How to Buy Affordable Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 consists of being a safe and courteous driver, having above-average credit, not filing small claims, and maximizing policy discounts. Set aside time to compare rates every couple of years by getting quotes from direct companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

Below is a brief review of the material that was covered above.

• Insureds who may need higher levels of liability will pay an extra $500 every year to raise from a 30/60 limit to higher 250/500 limits
• Teenage drivers are expensive to insure, as much as $446 each month if full coverage is included
• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,650 more every year for auto insurance
• Increasing comprehensive and collision deductibles could save up to $525 each year