Lexus NX 300 Insurance Rates

The average auto insurance rates for a Lexus NX 300 are $1,410 annually for full coverage. Comprehensive insurance costs approximately $280 each year, collision costs $516, and liability costs around $456. A liability-only policy costs as low as $508 a year, with high-risk 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 by type of insurance:

Full coverage includes $500 comprehensive and collision deductibles, 30/60 liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance rates. Rural locations are shown to have fewer accident claims than densely populated cities.

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

The examples above show why all drivers should compare prices using their specific location 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.

Rate Comparisons

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

• The best discount rate is $810
• Using higher $1,000 deductibles will save $180 a year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,410
• Using low deductibles for physical damage coverage costs an additional $354 annually
• High-risk insureds who are prone to accidents and violations could pay around $3,064 or more
• Policy cost with full coverage for a 16-year-old driver can cost $5,346 or more

View Chart as Image

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

More mature drivers with no driving violations and high physical damage deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged 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 could be paying anywhere from $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can be from 43% to 134% more than a normal policy. View High Risk Driver Rates

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

Your home state has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see rates as low as $930 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,010 on average in New York, Louisiana, and Michigan.

View Chart as Image

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to do a rate comparison from multiple companies. Each insurance company uses a different method to calculate rates, so rate quotes will be varied between companies.

How to Buy More Affordable Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 requires avoiding accidents and violations, having a good credit score, avoid buying unnecessary coverage, and avoiding coverage lapses. Invest time comparing rates at every policy renewal by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The list below is a summary of the data covered in the charts and tables above.

• Insureds who purchase higher liability limits will pay an extra $500 each year to increase from a 30/60 limit to higher 250/500 limits
• Drivers can save around $170 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save up to $525 each year
• Teenagers pay the highest auto insurance rates, costing up to $446 each month if comprehensive and collision insurance is included