Lexus NX 300 Insurance Rates

U.S. average insurance rates for a Lexus NX 300 are $1,410 a year including full coverage. Comprehensive costs an estimated $280 each year, collision costs $516, and liability is $456. Liability-only coverage costs around $508 a year, with high-risk coverage costing around $3,064. Teens pay the highest rates at $5,346 a year or more.

Average premium for full coverage: $1,410

Price estimates broken down by individual coverage:

Includes $500 policy deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 U.S. states and NX 300 models.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can make a big difference on the price of auto insurance. More rural locations have lower incidents of comprehensive and collision claims than cities with more traffic congestion.

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

The ranges above highlight why all drivers should compare rates quotes for a targeted area, instead of making a decision based on averaged prices.

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

Additional Rate Information

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

• The cheapest rate after discounts is $810
• Raising to $1,000 deductibles will save approximately $180 every year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,410
• Selecting low deductibles bumps up the cost to $1,764
• Drivers with serious driving violations could pay up to $3,064 or more
• The price that insures a 16-year-old driver can cost as much as $5,346

View Chart as Image

Auto insurance prices for a Lexus NX 300 are also quite variable based on the trim level and model year, your driving record and age, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you are likely paying $1,700 to $2,300 in extra premium each year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 43% to 134% more than the average policy. View High Risk Driver Rates

More mature drivers with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,300 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records will have to pay at least $5,300 a year. View Rates by Age

The state you live in also has a big influence on Lexus NX 300 insurance prices. A middle-age driver might find prices as low as $1,080 a year in states like Vermont, New Hampshire, and Missouri, or have to pay at least $2,010 on average in Louisiana, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $540 annually, whereas increasing liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $411 extra every year. View Rates by Deductible or Liability Limit

Since prices can be so different, the best way to figure out which car insurance is cheapest is to do a rate comparison from multiple companies. Every auto insurance company calculates prices differently, and quoted prices may be quite different.

How to Find the Cheapest Lexus NX 300 Insurance

Getting lower rates on insurance for a Lexus NX 300 consists of being a good driver, maintaining a good credit score, being claim-free, and qualifying for all possible discounts. Compare rates every couple of years by obtaining price quotes from direct car insurance companies, and also from your local car insurance providers.

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

• Insureds who want an increased level of liability coverage will pay approximately $500 per year to raise from a low limit to the 250/500 level
• Drivers age 16 to 20 are the costliest to insure, possibly costing $446 a month if the policy includes full coverage
• Drivers considered higher risk that have major violations or accidents could be charged and average of $1,650 more annually than a safer driver
• Increasing physical damage deductibles can save approximately $525 each year