Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,410 every 12 months with full coverage. Comprehensive insurance costs around $280 a year, collision insurance costs $516, and liability is $456. Liability-only coverage costs around $508 a year, and high-risk coverage costs $3,064 or more. Teenage drivers cost the most to insure at up to $5,346 a year.

Average premium for full coverage: $1,410

Policy rates for type of insurance:

Prices include $500 physical damage insurance deductibles, split liability limits of 30/60, and includes medical and UM/UIM coverage. Prices are averaged for all U.S. states and NX 300 trim levels.

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 more infrequent collision claims than densely populated cities. The diagram below illustrates how geographic area affects auto insurance rates.

The examples above demonstrate why it is important to compare rates quotes for a specific zip code and their own driving history, instead of making a decision based on average rates.

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

More Rate Details

The chart below details average 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 $1,230 annually
• The average price for a good driver age 40 using $500 deductibles is $1,410
• Using low $100 deductibles costs an extra $354 annually
• Drivers who are prone to accidents and violations could pay at least $3,064
• Policy cost to insure a 16-year-old driver can be $5,346

View Chart as Image

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

Using high physical damage deductibles can reduce rates by up to $540 annually, while buying higher liability limits will increase rates. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $411 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher 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, since even excellent drivers should be prepared 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 were responsible for an accident, you may be forking out at least $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 43% to 134% more than a normal policy. View High Risk Driver Rates

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.

View Chart as Image

How to Shop for the Right Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 consists of being a low-risk driver, having above-average credit, not filing small claims, and deciding if full coverage is necessary. Invest the time to compare rates at least once a year by quoting rates from direct companies, and also from several local insurance agents.

The items below are a quick rundown of the primary concepts that were presented in the illustrations above.

• You may be able to save up to $170 per year just by quoting early and online
• Drivers considered higher risk with reckless driving or DUI convictions pay on average $1,650 more every year to insure their NX 300
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• Teen drivers are charged the highest rates, as much as $446 each month if full coverage is included