Lexus NX 300 Insurance Rates

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

Average premium for full coverage: $1,410

Premium estimates by type of coverage:

Full coverage includes $500 physical damage insurance deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Rates include averaging for all 50 U.S. states and NX 300 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance prices. Rural locations are statistically proven to have a lower frequency of comprehensive and collision claims than larger metro areas.

The diagram below illustrates the difference between rural and urban areas on auto insurance prices.

These rate differences highlight why it is important to compare prices using their specific location and risk profile, rather than using price averages.

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

Additional Rate Details

The chart below breaks down estimated 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 every year
• The average rate for a 40-year-old good driver who chooses $500 deductibles is $1,410
• Choosing low $100 deductibles for physical damage coverage will increase the cost to $1,764
• Higher-risk drivers with multiple violations and an at-fault accident could pay around $3,064 or more
• An auto insurance policy for full coverage for a teenage driver can cost $5,346 or more

View Chart as Image

Auto insurance prices for a Lexus NX 300 also have a wide range based on your driving characteristics, the model of your NX 300, and physical damage deductibles and liability limits.

Older drivers with a good driving record and high deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay 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 rates. A driver around age 40 might see prices as low as $1,080 a year in states like Vermont, New Hampshire, and Missouri, or as much as $2,010 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing high deductibles could cut prices by as much as $540 a year, while buying higher liability limits will push prices upward. Changing from a 50/100 limit to a 250/500 limit will cost up to $411 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying anywhere from $1,700 to $2,300 in extra premium annually, depending on your age. A high-risk auto insurance policy can be around 43% to 134% more than average. View High Risk Driver Rates

With such a large range in prices, the best way to figure out who has the best auto insurance prices is to get quotes and see how they stack up. Each insurance company uses a different rate calculation, and quoted prices will be substantially different from one company to the next.

How to Find More Affordable Lexus NX 300 Insurance

Finding better rates on auto insurance requires being a low-risk driver, having good credit, refrain from filing small claims, and not having any coverage lapses. Set aside time to compare rates at least every other year by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The items below are a summary of the car insurance concepts covered above.

• Drivers who have multiple accidents or major violations could be forced to pay on average $1,650 more per year to insure their NX 300
• You may be able to save around $170 per year simply by quoting early and online
• Increasing policy deductibles can save around $525 each year
• Consumers who purchase more liability coverage will pay about $500 per year to increase from 30/60 bodily injury limits to 250/500 limits