Lexus NX 300 Insurance Rates

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

Average premium for full coverage: $1,410

Policy rates by type of insurance:

Prices are based on $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on the price of auto insurance. Rural locations are shown to have fewer physical damage claims than larger metro areas. The diagram below illustrates how location impacts auto insurance prices.

The examples above illustrate why it is important to compare prices using their specific location and their own personal driving habits, rather than relying on price averages.

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

Rate Comparisons

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

• The lowest rate with discounts is $810
• Using higher $1,000 deductibles will save $1,230 each year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,410
• Choosing low $100 deductibles for physical damage coverage will cost $1,764
• Drivers with multiple violations and an at-fault accident could pay around $3,064
• Policy cost with full coverage for a teen driver can cost $5,346 or more

View Chart as Image

Auto insurance rates for a Lexus NX 300 also range considerably based on the model year and trim level, your risk profile, and physical damage deductibles and liability limits.

Older drivers with a good driving record and high physical damage deductibles could pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they will have to pay in the ballpark of $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 probably paying anywhere from $1,700 to $2,300 in extra premium every year, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles could cut rates by as much as $540 each year, while buying higher liability limits will push rates upward. Switching 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 has a huge impact on Lexus NX 300 insurance rates. A driver around age 40 might see rates as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

How to Buy Affordable Lexus NX 300 Insurance

Finding cheaper rates on Lexus NX 300 insurance requires being a low-risk driver, having above-average credit, being claim-free, and possibly higher deductibles. Spend time shopping around at every other renewal by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The items below are a brief review of the concepts that were touched on above.

• High-risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,650 more per year to insure their NX 300
• Teen drivers have the highest car insurance rates, possibly costing $446 each month if full coverage is included
• It is possible to save around $170 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $525 each year
• It is possible to save around $170 per year just by quoting early and online