Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year with full coverage. Comprehensive insurance costs around $280, collision costs $516, and liability is estimated at $456. Buying just liability costs approximately $508 a year, with insurance for high-risk drivers costing $3,064 or more. Teens cost the most to insure at $5,346 a year or more.

Average premium for full coverage: $1,410

Policy rates for type of insurance:

Includes $500 comprehensive and collision deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and for different NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on insurance rates. Areas with sparse population are shown to have lower incidents of collision claims than cities with more traffic congestion.

The price range example below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above demonstrate why anyone shopping for car insurance should get quotes for a specific zip code, instead of making a decision based on averaged prices.

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

Rates by State, City, and Model

The chart below details estimated Lexus NX 300 insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $810
• Choosing higher $1,000 deductibles can save about $180 annually
• The estimated price for a good driver age 40 using $500 deductibles is $1,410
• Selecting more expensive low deductibles for comp and collision coverage will cost an additional $354 annually
• Higher-risk drivers with serious driving violations could pay at least $3,064 or more
• Policy cost that insures a 16-year-old driver with full coverage can be $5,346 each year

View Chart as Image

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

If you have a few points on your driving record or you caused an accident, you may be forking out at least $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance ranges from 43% to 134% more than the average policy. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay as much as $5,300 a year. View Rates by Age

Your home state plays a big part in determining prices for Lexus NX 300 insurance prices. A good driver about age 40 could pay as low as $1,020 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,910 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can save as much as $540 annually, while increasing your policy's liability limits will increase rates. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out your exact price is to compare rates from multiple companies. Each auto insurer calculates rates differently, so the rates will be varied.

How to Find the Cheapest Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 takes avoiding accidents and violations, having above-average credit, not filing small claims, and insuring your home and auto with the same company. Compare rates every couple of years by requesting rates from direct companies, and also from your local independent and exclusive agents.

The list below is a recap of the material that was covered above.

• Insureds who may need higher liability limits will pay approximately $500 every year to raise limits from a 30/60 limit to the 250/500 level
• Teenagers pay higher rates, as much as $446 each month if full coverage is included
• Drivers considered higher risk that have major violations or accidents may pay on average $1,650 more every year for car insurance
• Increasing comprehensive and collision deductibles can save approximately $525 each year