Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,410 every 12 months with full coverage. Comprehensive costs around $280 a year, collision insurance costs $516, and liability is estimated at $456. Liability-only coverage costs approximately $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:

Prices are based on $500 policy deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on insurance rates. Areas with sparse population are shown to have more infrequent collision claims than congested cities. The diagram below illustrates how location impacts auto insurance rates.

The examples above demonstrate why it is important to get quotes for a specific zip code and their own driving history, instead of using rate averages.

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

Detailed Rate Analysis

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

• The best full coverage rate is $810
• Choosing higher $1,000 deductibles can save about $1,230 annually
• The average price for a good driver age 40 using $500 deductibles is $1,410
• Buying low $100 deductibles for comp and collision coverage increases the price to $1,764
• Unlucky drivers with multiple tickets or accidents could pay at least $3,064
• Policy cost to insure a teen driver can be $5,346 each year

View Chart as Image

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

Opting for high physical damage deductibles can save as much as $540 every year, while buying higher liability limits will increase rates. Moving 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 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay as much as $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 may be forking out at least $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy ranges as much as 43% to 134% more than the average rate. View High Risk Driver Rates

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 at least $1,910 on average in Florida, Michigan, and New York.

View Chart as Image

How to Shop for Affordable Lexus NX 300 Insurance

Finding cheaper rates on car insurance takes being safe and accident-free, having above-average credit, not filing small claims, and deciding if full coverage is necessary. Spend time shopping around every couple of years by quoting rates from direct companies, and also from several local insurance agents.

Below you'll find a brief review of the material that was touched on above.

• Policyholders who may need more liability protection will pay around $500 every year to raise limits from a 30/60 limit to a 250/500 level
• Youthful drivers are charged the highest rates, as much as $446 each month if full coverage is included
• Higher risk drivers with DUI or reckless driving convictions pay on average $1,650 more every year than a low-risk driver
• Increasing comprehensive and collision deductibles could save as much as $525 each year