Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage. Comprehensive costs around $280 each year, collision insurance costs $516, and liability costs around $456. Liability-only coverage costs as low as $508 a year, and high-risk coverage costs around $3,064. 16-year-old drivers cost the most to insure at up to $5,346 a year.

Average premium for full coverage: $1,410

Policy rates for type of insurance:

These estimates include $500 policy deductibles, 30/60 liability limits, and includes 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 auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than congested cities. The graphic below illustrates how rural and urban location affects auto insurance rates.

The examples above show why all drivers should compare prices for a specific zip code, instead of making a decision based on rate averages.

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

More Rate Details

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

• The best full coverage rate is $810
• Using higher $1,000 deductibles will save about $180 a year
• The estimated price for a good driver age 40 using $500 deductibles is $1,410
• Buying low deductibles for physical damage coverage bumps up the cost to $1,764
• High-risk insureds with multiple tickets or accidents could pay at least $3,064
• Policy cost that insures a 16-year-old driver can be $5,346 or more

View Chart as Image

Insurance rates for a Lexus NX 300 also range considerably based on the trim level and model year, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $1,700 to $2,300 additional every year, depending on your age. Insurance for high-risk drivers can be from 43% to 134% more than the average rate. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay as much as $5,300 a year. View Rates by Age

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 Idaho, Maine, and Iowa, or at least $2,010 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $540 annually, whereas increasing liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 more each year. View Rates by Deductible or Liability Limit

How to Find Cheap Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 requires being a good driver, having a good credit score, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Comparison shop at every policy renewal by requesting rates from direct carriers, and also from several local insurance agents.

The following list is a brief summary of the data raised in the charts and tables above.

• Insureds who may need an increased level of liability coverage will pay around $500 each year to increase from a 30/60 limit to the 250/500 level
• Drivers can save up to $170 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• Drivers age 16 to 20 are charged the highest rates, costing up to $446 each month if comprehensive and collision insurance is included