Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive costs an estimated $280, collision insurance costs $516, and liability insurance is $456. Buying just liability costs around $508 a year, and insurance for high-risk drivers costs around $3,064. Teenage drivers cost the most to insure at up to $5,346 a year.

Average premium for full coverage: $1,410

Policy rates broken down by type of insurance:

Estimates include $500 policy deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 states and for different NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than densely populated cities. The price range example below illustrates the difference location can make on insurance prices.

The examples above illustrate why anyone shopping for car insurance should compare rates quotes for a targeted area, rather than relying on average rates.

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

Additional Rate Information

The chart below illustrates average Lexus NX 300 insurance rates for other coverage scenarios.

• The best discount rate is $810
• Raising to $1,000 deductibles will save approximately $180 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,410
• Using more expensive low deductibles bumps up the cost to $1,764
• Higher-risk drivers who are prone to accidents and violations could pay up to $3,064
• Policy cost that insures a teen driver with full coverage can cost as much as $5,346

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 record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance is expensive and can cost anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay at least $5,300 a year. View Rates by Age

Your home state also has a big influence on Lexus NX 300 insurance rates. A middle-age driver might find rates as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $540 each year, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

How to Find Low Cost Lexus NX 300 Insurance

Finding cheaper rates on Lexus NX 300 insurance consists of being a good driver, having above-average credit, being claim-free, and deciding if full coverage is necessary. Compare prices every time your policy renews by getting quotes from direct insurance companies, and also from local insurance agencies.

The following list is a review of the information touched on in this article.

• It is possible to save approximately $170 per year just by shopping early and online
• Drivers age 16 to 20 are charged the highest rates, possibly costing $446 each month if full coverage is included
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• High-risk drivers who have several accidents or serious violations may have to pay on average $1,650 more annually than a safer driver
• Drivers who want an increased level of liability coverage will pay an extra $500 annually to raise from a 30/60 limit to the 250/500 level