Lexus NX 300 Insurance Rates

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

Average premium for full coverage: $1,410

Policy rates broken down by type of insurance:

Full coverage includes $500 policy deductibles, 30/60 split liability limits, and includes 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

Your location can have significant affects on the price of insurance. More rural locations are shown to have more infrequent physical damage claims than densely populated cities.

The diagram below illustrates how location impacts insurance prices.

The examples above illustrate why it is important to compare rates for a targeted area and their own driving history, instead of using average rates.

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

More Rate Details

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

• The best discount rate is $810
• Drivers who choose higher $1,000 deductibles will pay approximately $1,230 each year
• The average price for a good driver age 40 who has $500 deductibles is $1,410
• Using low $100 deductibles for comprehensive and collision insurance increases the price to $1,764
• Higher-risk drivers who are prone to accidents and violations could pay up to $3,064 or more
• Policy cost to insure a teen driver can cost as much as $5,346 a year

View Chart as Image

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

Using high physical damage deductibles could save up to $540 every year, while buying higher liability limits will increase premiums. Switching 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 little as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay at least $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 are probably paying $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can cost as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

Your home state makes a big difference in Lexus NX 300 insurance prices. A 40-year-old driver could pay 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

Because rates have so much variability, the only way to figure out which auto insurance is cheapest is to get quotes and see which company has the best rate. Every company uses a different method to calculate rates, and rates will be varied.

How to Shop for More Affordable Lexus NX 300 Insurance

Finding cheaper rates on car insurance not only requires being a good driver, but also having above-average credit, being claim-free, and maximizing policy discounts. Spend time shopping around at least every other year by requesting rates from direct insurance companies, and also from insurance agencies where you live.

The following list is a summary of the car insurance concepts touched on above.

• Higher risk drivers who have multiple accidents or major violations could be forced to pay on average $1,650 more annually than a safer driver
• It is possible to save approximately $170 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• Policyholders who want an increased level of liability coverage will pay an extra $500 annually to go from a 30/60 limit to a 250/500 level