Lexus NX 300 Insurance Rates

Estimated insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive insurance costs approximately $280 each year, collision costs $516, and liability costs around $456. A policy with only liability insurance costs as low as $508 a year, with a high-risk policy costing $3,064 or more. 16-year-old drivers pay the most at $5,346 a year or more.

Average premium for full coverage: $1,410

Premium estimates by type of coverage:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and NX 300 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can make a big difference on the price of auto insurance. Rural locations are statistically proven to have lower incidents of physical damage claims than congested cities.

The graphic below illustrates how location helps determine auto insurance prices.

These rate differences illustrate why all drivers should compare prices using their specific location, instead of making a decision based on rate averages.

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

Additional Rate Analysis

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

• The best full coverage rate is $810
• Using higher $1,000 deductibles will save $180 each year
• The estimated price for a 40-year-old good driver who chooses $500 deductibles is $1,410
• Buying low deductibles for physical damage coverage will cost an additional $354 annually
• High-risk insureds with multiple tickets or accidents could pay around $3,064 or more
• An auto insurance policy that insures a 16-year-old driver can cost $5,346 or more

View Chart as Image

Car insurance prices for a Lexus NX 300 also have a wide range based on the trim level and model year, your age and driving record, and physical damage deductibles and liability limits.

If you have a few violations or you caused an accident, you are probably paying anywhere from $1,700 to $2,300 extra annually, depending on your age. Insurance for high-risk drivers can be from 43% to 134% more than the average rate. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records will be charged in the ballpark of $5,300 a year. View Rates by Age

Where you choose to live has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see prices as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut prices by as much as $540 annually, whereas increasing liability limits will push prices upward. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $411 extra every 12 months. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to figure out who has the best car insurance prices is to do a rate comparison from multiple companies. Each insurance company utilizes a different rate formula, so rate quotes will be substantially different.

How to Find the Best Lexus NX 300 Insurance

Finding better rates on insurance for a Lexus NX 300 requires having a decent driving record, having a positive credit history, paying for small claims out-of-pocket, and avoiding coverage lapses. Comparison shop at least every other year by getting rate quotes from direct insurance companies, and also from your local car insurance providers.

The following items are a brief recap of the car insurance concepts covered in the charts and tables above.

• Drivers considered higher risk who tend to receive serious violations could be charged and average of $1,650 more per year than a driver with a clean driving record
• It is possible to save around $170 per year simply by quoting online in advance
• Increasing policy deductibles can save approximately $525 each year
• Insureds who purchase additional liability coverage will pay around $500 annually to increase from 30/60 bodily injury limits to the 250/500 level